Tag Archives: TRN

PR Newswire

TD Holdings, Inc. Announces Appointment of New CFO

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SHENZHEN, China, June 11, 2021 — TD Holdings, Inc. (the "Company" or "TD Holdings") (Nasdaq: GLG), a commodities trading service provider in China, today announced that Mr. Tianshi (Stanley) Yang has been appointed as the successor to Ms. Wei Sun to serve as the Chief Financial Officer ("CFO") and director of the Company’s Board of Directors, effective June 11, 2021. Ms. Wei Sun resigned from her roles in the Company on June 11, 2021.

Mr. Tianshi (Stanley) Yang served as the Head of Investor Relations of Aesthetic Medical International Holdings Group Ltd. (NASDAQ: AIH) from March 2020 to May 2021 and as the Financial Department Director of Meten EdtechX Education Group (NASDAQ: METX) from January 2019 to February 2020. From May 2016 to October 2018, Mr. Yang served as the Investment Director of China First Capital Group, a company listed on the Hong Kong Stock Exchange (HKEx: 01269). Mr. Yang has also served as a Senior Auditor at Ernst & Young from September 2011 to December 2013. Mr. Yang graduated from Tianjin University of Finance and Economics in Tianjin, China with a bachelor’s degree in Financial Engineering, and obtained a master’s degree in Finance from Brandeis University in Boston, U.S.

Ms. Renmei Ouyang, Chairwoman and Chief Executive Officer of TD Holdings, commented: "On behalf of the Board and the management team, I would like to thank Ms. Wei Sun for her tremendous efforts as the Chief Financial Officer of the Company and Director of the Board. At the same time, we warmly welcome Mr. Stanley Yang to join us and are confident that his demonstrated expertise, extensive experience and deep insight in the capital markets will be invaluable to the Company."

Mr. Stanley Yang, CFO of TD Holdings, stated, "I am delighted to join TD Holdings. I look forward to working closely with the management team to drive growth, profitability and create value for TD Holdings’ shareholders."

About TD Holdings, Inc.

TD Holdings, Inc. is a service provider currently engaging in commodity trading business and supply chain service business in China. Its commodities trading business primarily involves purchasing non-ferrous metal product from upstream metal and mineral suppliers and then selling to downstream customers. Its supply chain service business primarily has served as a one-stop commodity supply chain service and digital intelligence supply chain platform integrating upstream and downstream enterprises, warehouses, logistics, information, and futures trading. For more information please visit http://ir.tdglg.com.

Safe Harbor Statement

This press release may contain certain "forward-looking statements" relating to the business of TD Holdings, Inc. and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: there is uncertainty about the spread of the COVID-19 virus and the impact it will have on the Company’s operations, the demand for the Company’s products and services, global supply chains and economic activity in general. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

For more information, please contact:

Ascent Investor Relations LLC
Ms. Tina Xiao
Email:tina.xiao@ascent-ir.com  
Tel: +1 917 609 0333

PR Newswire

JD.com and Dada Group Jointly Publish White Paper, “Chinese On-Demand Consumption Trends Report 2021”

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Features proprietary insights into the latest on-demand economy trends in China

Highlights key growth opportunities and near-term challenges in China’s rapidly growing hyperlocal e-commerce industry

SHANGHAI, June 10, 2021 — JD.com, China’s leading technology driven e-commerce company and Dada Group ("Dada"), a leading platform of local on-demand retail and delivery in China, jointly published a white paper today titled, "Chinese On-demand Consumption Trends Report 2021." Featuring proprietary insights into the latest on-demand economy trends in China, the report highlights the key growth opportunities and near-term challenges in China’s rapidly growing on-demand and hyperlocal e-commerce industry.

On Mar. 22, Dada announced that JD.com will increase its stake to 51% by investing a total of US $800 million in newly issued ordinary shares. Leveraging JD’s devoted strategic support, Dada will better fulfil demands for local on-demand retail and its delivery on JD, covering various scenarios and categories, and expand the omni-channel cooperation with JD.


The report includes detailed data on consumer demand trends and market penetration and growth rates based on the billions of orders fulfilled by JDDJ, Dada’s on-demand retail platform, and Dada Now. JDDJ, a partnership between Dada Group and JD.com, is one of China’s largest integrated digital solutions providers bringing traditionally offline retailers, such as supermarkets, flower shops, beauty brands, and other local stores, online. Dada Now is China’s leading local on-demand crowdsourcing delivery platform covering more than 2,700 cities and counties, providing customers with one-hour delivery for groceries, cosmetics, electronics, smartphones, medicines and more.

"The unprecedented growth of China’s on-demand economy in recent years, particularly its accelerated momentum through COVID, is revolutionizing consumer behaviour across China." said Huijian He, Vice President of Dada Group. "The rise of on-demand, hyperlocal one-hour delivery of goods, has transformed the retail industry and increased consumers’ expectations for a best-in-class shopping experience. With significant consumer demand in first- and second-tier cities, and large and rapidly growing demand in lower-tier cities, retailers, on-demand retail platforms and delivery services are increasingly competing for higher speed, flexibility and convenience across the on-demand economy. With millions of riders across thousands of cities and regions in China, Dada Group is actively working to meet this demand and we are excited to continue our growth as we expand to new geographies and enter new partnerships with stores, retailers and brands."

Hui Liu, Chief Data Officer at the JD Big Data Research Institute, commented, "We are excited to issue this white paper, which provides our first-hand data-driven observations and insights based on the billions of orders fulfilled each year by JDDJ and Dada Now. We look forward to leveraging this data to continue to drive innovation across our platform as we deliver the speed, flexibility and convenience that consumers are increasingly demanding and realize the numerous growth opportunities in China’s on-demand economy. JD.com and Dada Group are uniquely positioned to benefit from this recent paradigm shift in the commercial and retail landscape in China." 

The white paper’s key findings include:

On-demand consumption is here to stay

The onset of the coronavirus pandemic and stay-at-home mandates drove widespread consumer adoption of technology solutions to facilitate the on-demand delivery for daily household products. While fresh food is, by far, the largest segment of the on-demand delivery, accounting for 70% of daily consumption according to a user survey by JDDJ, other areas such as electronics, beauty products, and clothes have increased dramatically in 2021, with year-on-year growth rates of:

  • Dairy: +120%
  • Personal Hygiene: +114%
  • Snacks: 91%
  • Maternity and Baby care: 90%

Millennials are still the most prevalent consumer group, making up 50% of the on-demand economy, with female consumers born after 1980 as the most dominant consumers, representing 67% of the on-demand market. That said, the market is attracting an increasingly diverse group of consumers, by both age and region. The white paper details how the number of male consumers has jumped by to 33% in 2021, up from 25% in 2018, while the proportion of middle-aged and elderly users (40+ years old) has increased to 28% in two years, up from 22% in 2019. 

In addition to the significant expansion in customer demographics, on-demand consumption is rapidly expanding to new markets, including increased penetration into lower-tier cities, particularly in the Midwestern region of China, where the local residents demand one-hour hyperlocal e-commerce delivery. In the fourth quarter of 2020, gross merchandise value (GMV) of JDDJ in lower-tier cities soared 150% year-on-year. In 2020 alone, the proportion of users in lower-tier cities increased by 26%. According to JDDJ’s sales from the 415(April 15) Anniversary Shopping Festival, which covered more than 1,500 cities and counties across China, 90% of merchants that joined JDDJ for over a year saw sales double year-on-year.

The on-demand market continues to grow exponentially across China. The top three regions in terms of on-demand consumption orders are South, North and Southwest China, accounting for nearly 70% of all orders. Orders in southwest China accounted for nearly 20%, overtaking East China to rank third. Among them, Sichuan is a major province in terms of on-demand consumption, with orders accounting for nearly 10%.

The rise of out-of-home and out-of-hour on-demand spending

Driven by easing lockdowns and an increasing focus on connecting people with a wider array of products, post-pandemic on-demand consumption in China has experienced a shift from households (74%) to workplaces (8%) and educational institutions (3%), which is further extending to recreational venues, including fairgrounds, tourist hotspots and parks. 

There is also significant demand for 24/7 on-demand services, and those businesses serving late-night (12 pm – 2 am) customers are reaping the benefits from a new wave of customers who want reliable delivery service outside of traditional business hours.

Omnichannel retailing on the next level

China is leading the way in omnichannel retailing. A new wave of transformational change of omnichannel retailing is underway, fuelled by the integration between traditional e-commerce, offline retailers and on-demand retail platforms to meet the customer demands for a more diversified shopping experience. 

In the era of hyperlocal e-commerce, one-hour delivery has become the new normal and it is quickly emerging as a major channel for supermarkets and grocery chains to win business. Leveraging the highly efficient logistics networks of on-demand retail platforms, a growing number of offline retailers and brand owners are cooperating closely with on-demand platforms like JDDJ and Dada Now to establish delivery channels for their customers, while benefiting from their enormous online traffic pool to increase foot traffic in brick-and-mortar stores.

On-demand Services

Service consumption in China is steadily increasing and on-demand retail platforms are partnering with brick-and-mortar stores to offer consumers value-added on-demand services. JDDJ is the first platform in the industry to create a nationwide credible delivery service, providing delivery services for high-value orders. Many on-demand platforms have started bringing mobile phone trade-in services to the customers’ doorstep, saving the time and effort of visiting a retail store.

"Minutes-level" delivery is on its way

The digital neighborhood stores will give birth to so-called "minute-level" delivery. This allows users to choose a nearby store to place an order at based on their GPS location, after which the delivery rider will pick up and deliver the goods within the user’s neighborhood. The entire hyperlocal e-commerce process is completed within a few short minutes.

Dada is pioneering one-hour delivery services in China, available to consumers in more than 2,700 cities and counties across the country. With its extensive logistics networks and delivery infrastructure, Dada works in tandem with JDDJ to shorten delivery times. As a result of this joint effort, the average delivery time of on-demand orders has been reduced by 17% compared with 2019, with the fastest deliveries taking less than 10 minutes.

Related Links :

http://imdada.cn

PR Newswire

JDDJ Kicks off 6.18: “One-Hour Delivery” Accelerates Mid-Year Shopping Festival

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SHANGHAI, June 1, 2021 — Dada Group (Nasdaq: DADA) ("Dada"), China’s leading local on-demand delivery and retail platform, today announced that JDDJ, Dada’s on-demand retail platform, has officially launched 6.18 Mid-Year Shopping Festival. Leveraging JDDJ’s capacities for online and offline integration and Dada Now’s on-demand delivery network, the on-demand shopping experience of "online ordering and home delivery within one hour" would become a new driving force for this year’s festival.

JDDJ Launched 6.18 Mid-Year Shopping Festival
JDDJ Launched 6.18 Mid-Year Shopping Festival

This year’s JDDJ 6.18 Mid-Year Shopping Festival, called Better Life Festival, begins from June 1st to June 20th. The festival features faster delivery service and more product categories. And one-hour shopping and home delivery service has covered a variety of categories such as fresh food, FMCG, mobile phones and digital products, maternal and baby products, medicine, personal care and cosmetics, as well as summer and seasonal goods.

Moreover, Dada Group has further deepened strategic cooperation with JD.com in this March and it will better fulfill demands for local on-demand retail and its delivery on JD. In the 6.18 Grand Promotion, JD.com built the special omni-channel section based on its citywide shopping and JD Supermarket one-hour delivery service. JDDJ and JD.com collaborated with offline stores and brand owners to create a "one-hour shopping ecosystem", covering 1,400 counties and cities in China, so that more consumers can enjoy the online shopping carnival.

JDDJ first piloted its One-Hour Livestreaming E-commerce service in 2020 and has expanded its service to JD’s livestreaming channel since this year. During the 6.18 festival, the platform would partner with nearly 50 supermarket chains such as CR Vanguard and Huaguan, and leading FMCG brands such as P&G, Yihai Kerry, Yili, and Liby, to launch nearly 100 local livestreaming events, covering over 10,000 offline stores. On June 16th, the seventh anniversary of Dada Group, JDDJ will invite famous TV hosts and celebrities to its broadcasting room, and launch a six-hour livestreaming show with a full-category promotion.

As JDDJ extended its service to more lower-tier cities in China, more users would enjoy on-demand shopping experience at this year’s event. Lower-tier market has become a key growth driver in sales for JDDJ and "City Strategy" is an exclusive marketing campaign hosted by JDDJ for the lower-tier cities. In the 6.18 promotion, "City Strategy" will launch in 35 cities, including Baotou in Inner Mongolia, Qujing in Yunnan, and Zunyi in Guizhou. While bringing online users to offline stores through targeted marketing, it promotes on-demand consumption and sales growth in the lower-tier market.

Meanwhile, Dada Now, the on-demand delivery platform of Dada Group, takes advantage of its efficient and flexible delivery network to help e-commerce platforms including JD.com fulfill demands for delivery during the promotion periods. The platform provides JDDJ and retailers with efficient, stable, and professional on-demand delivery services, covering various scenarios and categories. Besides, to cope with the hot season in June, Dada Now has deepened cooperation with offline stores and brands in rider stations, which are equipped with seats, drinking water, heatstroke drugs, anti-epidemic materials, and phone chargers, especially for the delivery riders. Rider caring activities such as high-temperature care, rider stations, and offline seminars, would be held by Dada Now in support of delivery service during the grand promotion.

About Dada Group

Dada Group is a leading platform of local on-demand retail and delivery in China. It operates JDDJ, one of China’s largest local on-demand retail platforms for retailers and brand owners, and Dada Now, a leading local on-demand delivery platform open to merchants and individual senders across various industries and product categories. The Company’s two platforms are inter-connected and mutually beneficial. The Dada Now platform enables improved delivery experience for participants on the JDDJ platform through its readily accessible fulfillment solutions and strong on-demand delivery infrastructure. Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform. In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol "DADA."

Related Links :

http://imdada.cn

PR Newswire

Subaru Levorg with Veoneer technologies wins prestigious Best 5-Star Award in Japan NCAP

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STOCKHOLM, May 28, 2021 —  The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), is proud active safety supplier to Subaru Levorg, awarded top results in the Japan NCAP (JNCAP).

In Japan NCAP’s latest annual safety testing, Subaru Levorg outperformed the 10 vehicles rated with 5 stars and an overall rating above 98%. At the heart of Subaru Levorg’s active safety system is the new generation EyeSight hardware, a variant of Veoneer’s 4th generation stereo vision system, re-engineered to meet Subaru’s original specification. The new generation EyeSight has two cameras mounted on a wide-baseline design doubling the field-of-view.

In JNCAP’s tests, the stereo vision system achieved an astonishing 100% performance in the following Active Safety Tests:

  • AEB in Car-to-Car Rear End Scenarios
  • AEB in Car-to Pedestrian Scenarios at Day and at Night
  • Lane Departure Prevention
  • Pedal Misapplication Prevention
  • High Performance Headlights

Subaru Levorg also has Veoneer’s front corner radars installed for more advanced features like forward crossing traffic brake (FCTB).

"Big congratulations to Subaru for receiving the "Best Five-Star Award" in Japan NCAP with the highest score. We are proud to supply the custom designed EyeSight camera system. The top results in JNCAP’s active safety tests are a true proof-point of Veoneer as a leader in stereo vision systems, providing optical robustness, mechanical rigidity and compact design," says Jan Carlson, Veoneer Chairman, President and CEO.

For more information please contact:

Thomas Jönsson, EVP Communications & IR,

thomas.jonsson@veoneer.com  tel +46 (0)8 527 762 27

Veoneer, Inc. is a worldwide leader in automotive technology. Our purpose is to create trust in mobility. We design, develop, and manufacture state-of-the-art software, hardware and systems for occupant protection, advanced driving assistance systems, and collaborative and automated driving to OEMs globally. Headquartered in Stockholm, Sweden, Veoneer has 7,500 employees in 11 countries. In 2020, sales amounted to $1.37 billion. The Company is building on a heritage of close to 70 years of automotive safety development. In 2018, Veoneer became an independent, publicly traded company listed on the New York Stock Exchange (NYSE: VNE) and on the Nasdaq Stockholm (SSE: VNE SDB).

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/veoneer/r/subaru-levorg-with-veoneer-technologies-wins-prestigious-best-5-star-award-in-japan-ncap,c3356115

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PR Newswire

JD Launches Shenzhen-Bangkok All-Cargo Charter Flight

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SHENZHEN, China, May 28, 2021 — JD has opened an all-cargo charter flight between Shenzhen and Bangkok on May 28, the e-commerce giant’s first in the Asia-Pacific region.

Open to small and medium-sized enterprises (SMEs) in both countries, the freight-dedicated route will facilitate delivery of goods from mainland China to customers in Thailand and vice versa within 48 hours.

"JD is excited for this opportunity to leverage our international supply chain resources to strengthen the relationship between Thailand and China, and to facilitate the transport of high-quality Chinese goods going to Southeast Asia and vice versa," said Stard Huang, head of JD’s international logistics business. "We see enormous potential in Southeast Asia, and this is just the first step."

Running between Shenzhen Bao’an Airport and Bangkok Suvarnabhumi Airport three times a week with same-day return, this end-to-end fully self-operated and full-link transportation route will not only greatly increase the speed of cross-border freight, but also provide vigorous support for the development of cross-border business through both Thai and Chinese e-commerce channels, including JD.com and JD’s joint venture in Thailand, JD CENTRAL.

"We’re excited that JD and JD CENTRAL can support SMEs to build robust business between China and Thailand," said Korlarp Suwacharangkul, Chief Marketing Officer of JD CENTRAL. "We’ve seen that cross-border e-commerce between the two countries has huge potential for expansion."

Currently goods exported from China to Thailand through JD’s route are expected to mainly include daily necessities, small household appliances, 3C products and other e-commerce goods; while goods transported from Thailand will mainly comprise fresh produce, supplemented by industrial products such as auto parts.

However, SMEs that aim to expand business into other categories are also welcome to take advantage of JD’s all-cargo freight flight. In the past year, China has further opened its market to foreign goods by implementing beneficial policies with an aim to facilitate robust cross-border trade.  JD has also ramped up efforts to support cross-border e-commerce.

As of December 31, 2020, JD International Logistics has 32 bonded warehouses and overseas warehouses, with a total management area of approximately 440,000 square meters. Through cooperation with international and local partners, JD has established international routes covering more than 220 countries and regions, providing customers with integrated cross-border supply chain services.

PR Newswire

Neolix vehicles awarded the vehicle license as first domestic batch of approved autonomous vehicles to go on public roads

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BEIJING, May 26, 2021 — On May 25, 2021, Beijing’s high-level autonomous driving demonstration zone has released the autonomous delivery vehicle management policy. As one of the first batch of autonomous vehicle companies in China, Neolix is awarded the vehicle license for their autonomous delivery vehicle and obtained the greenlight to go on public roads. It is expected that by end of June 2021, more than 150 Neolix autonomous vehicles will be serving as the driverless ‘convenience stores’ for the end consumers. A Neolix autonomous vehicle service network will be built in the country’s first pilot intelligent connected vehicle policy zone, providing convenient services to public on a regular basis.

Neolix autonomous vehicles have a wide range of application scenarios in many industries such as retail, security and finance. Before going on the public road, Neolix vehicles have already been operating in Yicheng International, BDA Enterprise Avenue, Beijing Yizhuang Biomedical parks and other areas, to provide convenience food service to office workers. Consumers can select and place their food order via the screen on vehicle or mobile phone, make the payment and collect their food instantaneously. Whether is a lunch box that need to be kept warm at 65°C or an ice cream that is refrigerated at -18°C, they are maintained in the temperature controlled cargo box module of the Neolix autonomous vehicle and not affected by the weather and temperatures.

Neolix aspires to lead the future smart city way of life with state-of-the-art technologies. Empowered by autonomous driving, 5G communications, Internet of Vehicles, intelligent hardware and autonomous vehicle super factory, Neolix has commercially deployed their vehicles globally to build a smart service ecosystem along with trusted partners and to provide consumers with superior experience. To date, Neolix autonomous vehicles have landed in more than 30 cities including Beijing, Shanghai, Guangzhou, Shenzhen, Xi’an and Xiamen, as well as 8 oversea countries such as Germany, Switzerland, Singapore, United Arab Emirates, Saudi Arabia, Japan, Australia and Thailand, focusing on hundreds of application scenarios such as office parks, CBD core areas and park campuses.

PR Newswire

Dada Group Announces Inclusion in MSCI ACWI Index

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SHANGHAI, May 26, 2021 — Dada Group (Nasdaq: DADA) ("Dada"), China’s leading local on-demand delivery and retail platform, is pleased to announce that it will be included in the MSCI ACWI Index, effective after the U.S. market close on May 27, 2021. MSCI Inc., a leading provider of research-based indexes and analytics, announced this inclusion in its May 2021 Semi-Annual Index Review.

As a highly influential global equity index, the MSCI ACWI captures large and mid cap representation across 23 Developed Markets (DM) and 27 Emerging Markets (EM) countries. With 2,974 constituents, the index covers approximately 85% of the global investable equity opportunity set.

The inclusion of Dada Group in the MSCI ACWI Index recognizes its attractiveness to global investors.

About Dada Group

Dada Group is a leading platform of local on-demand retail and delivery in China. It operates JDDJ, one of China’s largest local on-demand retail platforms for retailers and brand owners, and Dada Now, a leading local on-demand delivery platform open to merchants and individual senders across various industries and product categories. The Company’s two platforms are inter-connected and mutually beneficial. The Dada Now platform enables improved delivery experience for participants on the JDDJ platform through its readily accessible fulfillment solutions and strong on-demand delivery infrastructure. Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform. In June 2020, Dada Group began trading on the Nasdaq Global Market, under the ticker symbol "DADA."

Related Links :

http://imdada.cn

PR Newswire

Aon’s New Vaccine Supply Chain Solution to Benefit Response Fund for the World Health Organization

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Aon will donate all 2021 revenues from new solution that protects global COVID-19 vaccine shipments to the COVID-19 Solidarity Response Fund.

CHICAGO, May 25, 2021 — Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, has announced it will donate 100 percent of all 2021 revenues earned from its new vaccine supply chain solution to the COVID-19 Solidarity Response Fund, powered by the WHO Foundation and the United Nations Foundation in support of the World Health Organization (WHO). Aon commits to donating a minimum of $100,000.

Delivered through broad industry collaboration, Aon’s recently launched solution provides supply chain protection for global COVID-19 vaccine shipments and is designed to help maximize the number of doses that are administered to the public. The solution provides transparent cargo insurance coverage for COVID-19 vaccines and combines sensor data and analytics to deliver timely payment for doses that fall outside of the agreed-upon temperature range while being transported or stored. Qualified parties in the vaccine supply chain are eligible, including pharmaceutical firms, government bodies, transportation and logistics companies, distributors, health systems, pharmacy chains and inoculation centers.

"As we continue to move toward the ‘New Better’ and have seen incredible progress in some areas when it comes to vaccine distribution, the COVID-19 pandemic is still affecting communities around the world in unprecedented ways and its impact will continue to reverberate for years to come," said Greg Case, CEO, Aon. "By benefitting the COVID-19 Solidarity Response Fund, our new collaborative solution is not only providing first-hand support in supply chain management, but also aiding other critical life-saving efforts of the WHO Foundation."

The COVID-19 Solidarity Response Fund for the WHO is the only way for individuals, corporations, foundations and other organizations around the world to directly support the work of the WHO and its partners to help countries prevent, detect and respond to the COVID-19 pandemic. As of May 2021, the fund has put more than $250 million in donations to work. Donations support the WHO’s efforts including suppressing worldwide transmission of the virus, reducing mortality, protecting the vulnerable and accelerating equitable access to new COVID-19 tools.

"Navigating vaccine distribution at a global scale is one of the most immediate and pressing hurdles facing our leaders today," said Paul Kim, Head of Strategy and Product Development, Commercial Risk Solutions at Aon. "It is an honor to support the WHO Foundation to maximize the impact of our efforts. We are proud to not only provide an innovative offering to help work toward equitable global distribution, but to also directly benefit a fund that is impacting communities around the world in the fight against COVID-19."

Learn more about how businesses have shifted in response to the COVID-19 pandemic in Helping Organizations Chart a Course to The New Better.

About Aon
Aon plc (NYSE: AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Follow Aon on Twitter and LinkedIn
Stay up to date by visiting the Aon Newsroom and hear from Aon’s expert advisors in The One Brief.
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Aon UK Limited is authorised and regulated by the Financial Conduct Authority for the provision of regulated products and services in the UK. Registered in England and Wales. Registered number: 00210725. Registered Office: The Aon Centre, The Leadenhall Building, 122 Leadenhall Street, London EC3V 4AN. [FP.GBC.381.JJ]. 

Media Contact
Nadine Youssef
mediainquiries@aon.com
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Related Links :

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PR Newswire

RS Components extends global franchise agreement with STMicroelectronics

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RS will augment ST product lines stock and provide regular ST technology updates on its DesignSpark platform

SHANGHAI, May 24, 2021 — RS Components (RS), a trading brand of Electrocomponents plc (LSE: ECM), a global omni-channel solution partner for industrial customers and suppliers, has significantly extended the scope of its supply chain agreement with STMicroelectronics (ST), a world leader in semiconductor design and manufacturing.

STMicroelectronics
STMicroelectronics

This new phase in the relationship between the two companies will result in a substantial increase in the breadth and volume of ST products stocked by RS. ST will also feature regularly on the award-winning DesignSpark online engineering hub.

"RS has been very successful in building up a vibrant international engineering community around its DesignSpark platform and we see real value at ST in future involvement as part of this franchise agreement," said Frank Wolinski, EMEA VP, Head of Channel Sales at ST. "The complex nature of modern electronic engineering projects calls for more in-depth technical support. By extending access to a broader portfolio of ST products through DesignSpark, engineers can better utilize the resources they need to complete their projects more quickly and to achieve better results."

"ST is one of the world’s foremost innovators in semiconductor technologies and leads the industry in areas such as power electronics, IoT, automotive, smart homes, and artificial intelligence," said Andy Keenan, VP Global Product and Supplier Management for Electronics at RS. "Providing our customers with access to a more expansive array of ST products is certain to benefit their development work. Combining this with contributions to the multifaceted online technical programs that we offer via DesignSpark will be another huge plus point."

For information about the full range of products now stocked by RS, visit https://rsonline.cn/web/b/stmicroelectronics/.

Related Links :

https://www.rs-online.com/

PR Newswire

TD Holdings, Inc. Receives NASDAQ Notice on Late Filing of its Form 10-Q

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SHENZHEN, China, May 22, 2021 — TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider in China, today announced that it has received a notice from the NASDAQ Stock Market on May 18, 2021 notifying the Company that, because its Form 10-Q for the period ended March 31, 2021 (the "2021 10-Q") was not filed with the Securities and Exchange Commission by the required due date of May 17, 2021, the Company is therefore not in compliance with the periodic filing requirements for continued listing set forth in NASDAQ Listing Rule 5250(c)(1).

This Notice received has no immediate effect on the listing or trading of the Company’s shares. As previously disclosed on the Company’s Form 8-K and 8-K/A filed on March 29 and March 31, 2021, respectively, the Company’s audit committee, after consultation with the Company’s management concluded, that the Company’s audited financial statements at and for the periods ended March 31, 2020, June 30, 2020, and September 30, 2020 contained in the Company’s Quarterly Reports on Form 10-Q should no longer be relied upon. Nasdaq has provided the Company until June 4, 2021 to submit a plan to regain compliance. The compliance plan is required to provide a summary of the independent investigation into the reasons that led to the Company’s conclusion that the previously filed financials should no longer be relied upon. If Nasdaq accepts the Company’s plan, then Nasdaq may grant the Company up to September 27, 2021, to regain compliance.

The Company expects and intends to submit to NASDAQ the compliance plan by June 4, 2021.

This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.

About TD Holdings, Inc.

TD Holdings, Inc. is a service provider currently engaging in commodity trading business and supply chain service business in China. Its commodities trading business primarily involves purchasing non-ferrous metal product from upstream metal and mineral suppliers and then selling to downstream customers. Its supply chain service business primarily has served as a one-stop commodity supply chain service and digital intelligence supply chain platform integrating upstream and downstream enterprises, warehouses, logistics, information, and futures trading. For more information please visit http://ir.tdglg.com.

Safe Harbor Statement

This press release may contain certain "forward-looking statements" relating to the business of TD Holdings, Inc. and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: there is uncertainty about the spread of the COVID-19 virus and the impact it will have on the Company’s operations, the demand for the Company’s products and services, global supply chains and economic activity in general. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

For more information, please contact:

Investor Relations:

Dong Cao             
EverGreen Consulting Inc.
Email: IR@changqingconsulting.com

Phone: +86 13502048965