11/30/21

TOYOTA、RAV4のAdventureグレードにハイブリッド車を追加

Toyota City, Japan, Dec 1, 2021 - (JCN Newswire) - TOYOTAは、RAV4のAdventureグレードにハイブリッド車(E-Four)を追加するとともに、RAV4、RAV4 PHVを一部改良し、12月1日に発売しました。

一部改良の主な変更内容
- 外板色にアッシュグレーメタリック×グレイッシュブルーを新設定RAV4 Adventure
- ヘッドランプの意匠変更:RAV4(ハイブリッド車)、RAV4 PHV(全車)
- アルミホイールの意匠変更:RAV4(全車)など

本リリースの詳細は下記URLをご参照ください。
https://global.toyota/jp/newsroom/toyota/36348631.html

概要:トヨタ自動車株式会社

詳細は http://toyota.jp/ をご覧ください。


Copyright 2021 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/3tXPATt

三菱重工エンジニアリング、広島市のバイオマス発電所向けに、商用としては初の小型CO2回収装置を受注

TOKYO, Dec 1, 2021 - (JCN Newswire) - 三菱重工グループの三菱重工エンジニアリング株式会社(MHIENG、社長:寺沢 賢二、本社:横浜市西区)は、プラント建設・保守などを手掛ける太平電業株式会社(本社:東京都千代田区、以下、太平電業)から、同社が有するバイオマス発電所向けの小型CO2回収装置を受注しました。回収能力は0.3トン/日です。今回の受注を契機に、電力・産業分野をはじめとする、世界中のあらゆる分野における脱炭素化を促進するとともにカーボンニュートラル社会の実現に貢献していきます。

太平電業は循環型社会の実現に向け、バイオマス発電により発生したCO2を分離、回収した後に一旦貯蔵し、そのCO2を農作物の育成などに利用することで、カーボンニュートラルからカーボンネガティブソリューションの獲得を目指しています。今回のCO2回収装置導入はこの取り組みの一環として、同社が広島市の複合機能都市「ひろしま西風新都」に有する出力7,000kW級のバイオマス発電所で計画されています。

同装置は、バイオマス燃焼排ガス源からCO2を回収する検証用の試験機がベースとなっており、早期の商用化を可能としています。英国大手電力会社Drax社のバイオマス発電所におけるCO2回収実証プロジェクト(注1)で用いられている試験機に自動運転機能などを追加し、商業機としてリファインしたものです。

設置に必要な敷地面積は全長5m×全幅2mと小型で、工場からトラックで輸送でき、設置も容易です。また、汎用性の高い設計標準化により導入・運転・維持コストの低減および納期短縮、さらには量産化を可能とするモジュラー型を採用しています。これにより、産業分野など比較的小規模な施設におけるCO2排出量削減のニーズに広く対応できます。今後、小型装置のラインアップを拡充し、国内外問わず多様な排出源からのCO2回収を可能にするとともに、将来的にMHIENG独自の遠隔監視システムによる運転支援サービスも提供し、設置計画からアフターサービスまで一貫したお客様サポート体制を確立します。

また、同装置に採用されているCO2回収技術は、MHIENGが関西電力株式会社(KEPCO)と共同開発した高性能なアミン吸収液「KS-1(TM)」を用いる「KM CDR Process(TM)」(注2)というプロセスで、エネルギー消費量が大幅に少ないのが特長です。MHIENGは2021年11月現在、このプロセスを用いた計13基の商用プラントを世界各地に納入した実績を有していることに加え、さらに2基の建設を進めているところであり、商用プラントにおけるCO2回収量ベースで世界トップシェアを誇っています。

三菱重工グループでは、エナジートランジションの事業強化に戦略的に取り組んでおり、CO2エコシステムの構築はその中の柱の一つです。CO2を回収して転換利用や貯留を行うCCUS(Carbon dioxide Capture, Utilization and Storage)は、カーボンニュートラル社会を実現するための有効な手段として注目されています。

MHIENGは、高性能なCO2回収技術を国内外に広く普及させることを通じて、地球規模での温室効果ガス排出削減に貢献するとともに、地球環境保護に寄与する独自技術のさらなる開発に向けた取り組みを継続していきます。

本リリースの詳細は下記をご参照ください。
https://www.mhi.com/jp/news/211201.html

三菱重工グループについて

三菱重工グループは、エンジニアリングとものづくりのグローバルリーダーとして、 1884年の創立以来、 社会課題に真摯に向き合い、人々の暮らしを支えてきました。長い歴史の中で培われた高い技術力に最先端の知見を取り入れ、カーボンニュートラル社会の実現 に向けたエナジートランジション、 モビリティの電化・知能化、サイバー・セキュリティ分野 の発展に取り組み、 人々の豊かな暮らしを実現します。www.mhi.com/jp


Copyright 2021 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/3tXPATt

SCCG Management Unveils Nevatronix SBTVerse Sports Betting Terminal at SBC Summit North America

LAS VEGAS, NV, Dec 1, 2021 - (JCN Newswire) - Stephen Crystal, SCCG Founder and CEO, announced today that the company, in a joint venture with Nevatronix, will be unveiling a new sports betting terminal at the SBC Summit - North America. The event, at the Meadowlands Exposition Center in New Jersey, will be held December 1-2 at the exhibit hall, booth #113. The new hardware product, SBTVerse, was developed by Nevatronix, a 25-year gaming product and turn-key electronics solutions provider, as part of their commitment to providing transformational and cutting edge sports betting devices to the gaming industry.

Said Crystal, "We see this technology as a game-changing sports betting product that includes next-level fintech capabilities. This solution will not only change the landscape of what sports-wagering hardware suppliers offer today, but it will create an amazing opportunity never before showcased for our clients and partners."

Features of the SBTVerse sports betting terminal include:
- Robust Steel Construction
- 15.6" Touch LCD
- 27" Touch LCD
- Dual Bill Validators
- Ticket Printer
- Bar Code Reader
- Card Reader
- ADA Tactile / Audio Interface
- Audio Speakers
- Camera
- Electronic Locks
- Programmable RGB-LED Accent Lighting
- Battery Backup
- Forex
- Crypto
- ATM
- Wager Payouts

About Nevatronix

Nevatronix is a world-class, UL Listed and ISO 9001:2015 certified fully integrated electrical engineering, manufacturing and digital design studio. One of the very few domestic electronics companies with vertically integrated processes such as precision sheet metal fabrication, machining, wire harnessing, circuit boards, 3D Printing along with electro-mechanical assembly and supply chain management, all under one roof. Located in a 70,000 square foot facility utilizing state-of-the-art technology, equipment, and processes. A highly skilled and experienced engineering, design, manufacturing, and assembly staff provide a wide range of technical capabilities that have created industry-leading, first-to-market products, which often gives customers an industry edge - Currently served industries: Kiosks, Aerospace, Amusement, BillPay, Crypto Currency, Customer Loyalty, Digital Signage, Gaming and Slot Machine, Recycling, Smart Safe, Sports Wagering, Telehealth, Valet Parking, and Vending. Priding on reliable and aesthetically pleasing high-tech electronic solutions sold worldwide. Nevatronix is your one-stop-shop for all things digital.

About SCCG Management

SCCG Management is a consultancy that specializes in sports betting, iGaming, sports marketing, affiliate marketing, technology, intellectual property protection, product commercialization, esports, capital formation, M&A, joint ventures, casino management, and governmental and legal affairs for the casino and iGaming industry.

Contact:
Stephen A. Crystal
SCCG Management
+1 702-427-9354


Copyright 2021 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/3tXPATt

The Hong Kong Institute of Directors Holds Annual Dinner and Presentation Ceremony for Directors of The Year Awards

HONG KONG, Dec 1, 2021 - (ACN Newswire) - The Hong Kong Institute of Directors ("HKIoD") announced the winners of the Directors Of The Year Awards ("DYA") 2021 at its Annual Dinner held at the Hong Kong Convention and Exhibition Centre. The central theme of this year's DYA is "Leading in New Normal". It aims to honour outstanding directors and boards who have fully grasped the recent changes in the business environment and demonstrated excellent leadership skills to lead their respective companies in adjusting their operating policies and striving for sustainable development under the "New Normal".

A group photo brings together the 7 awardees (2nd row); guest of honour, Mr Christopher Hui, JP, Secretary of Financial Services and the Treasury Bureau (5th from left, 1st row); and Council Members of HKIoD.

Dr Christopher To, Chairman of HKIoD, said, "The epidemic has turned everything on its head, but its impact was not solely negative. Under the new normal, society's digital transformation has taken a huge step forward, and corporates have been more focused on risk management, sustainability, the physical and mental health of employees, etc. These changes are great enhancements for the overall standard of corporate governance. It is therefore necessary for corporate leaders to shift their focus and strategies to respond to society's changing expectations. With the awards, we hope to honour those directors and boards who have committed to their position in the face of turbulence and adapted to the new normal with a positive attitude. Showcasing an actual example of outstanding corporate governance, we aim to encourage our peers in the business sector to proactively enhance their corporate governance framework."

Mr Kenneth Wong, Chairman of the 2021 Directors Awards Organising Committee, said, "During the assessment process, I noticed that many companies have adopted governance models suited to the new normal, such as those that emphasise the importance of digitalisation or include the establishment of a special crisis management committee as standard procedure when facing an emergency, etc. Due to Hong Kong's previous experience in facing pandemic and difficult social situations, corporate decision-makers are more accustomed to facing these types of challenges and thus understand the importance of rapid and decisive decision-making in response to emergencies. With the current theme of 'Leading in New Normal', the Awards Organising Committee aims to recognise directors and boards who can respond to the challenges posed by the new normal in a timely manner, and encourage the Hong Kong business sector to work together to achieve the long-term goal of sustainable development."

Dr Carlye Tsui, CEO of HKIoD, said, "The pandemic has greatly accelerated digital transformation and changed the operation methods of the business world, prompting company directors to ensure they keep their fingers on the pulse of trends and technological developments for the future. The comprehensive training courses offered by HKIoD have seen constant innovation, helping directors to understand the new normal and to effectively raise stakeholder confidence. Aside from providing suitable training and practice guidelines to members, HKIoD has also served as a platform for directors to share and exchange information, helping directors to 'Lead in New Normal'."

The winners of DYA 2021 in the various award categories are listed below:

Listed Companies Categories
Executive Directors:
Mr KONG Qingwei, China Pacific Insurance (Group) Co., Ltd.
Dr MA Mingzhe, Ping An Insurance (Group) Company of China, Ltd.
Boards:
Board of China Pacific Insurance (Group) Co., Ltd
Board of Medialink Group Limited
Board of Ping An Insurance (Group) Company of China, Ltd.

Non-listed Companies Categories
Executive Directors: Mr YIP Kam Keung Alex, Lockton Companies (Hong Kong) Limited

Statutory/Non-Profit Distributing Organisations Categories
Boards: The Council of Hong Kong Productivity Council

About Directors Of The Year Awards
The Hong Kong Institute of Directors ("HKIoD") is Hong Kong's premier body representing directors to foster the long-term success of companies through advocacy and standards-setting in corporate governance and professional development for directors. A non-profit-distributing organisation with membership consisting of directors from listed and non-listed companies, HKIoD is committed to providing directors with educational programmes and information service and establishing an influential voice in representing directors. With international perspectives and a multi-cultural environment, HKIoD conducts business in biliteracy and trilingualism. HKIoD is a member institute of the Global Network of Director Institutes, a worldwide alliance of leading director institutes.

About The Hong Kong Institute of Directors
The Hong Kong Institute of Directors is Hong Kong's premier body representing directors to foster the long-term success of companies through advocacy and standards-setting in corporate governance and professional development for directors. A non-profit-distributing organisation with membership consisting of directors from listed and non-listed companies, HKIoD is committed to providing directors with educational programmes and information service and establishing an influential voice in representing directors. With international perspectives and a multi-cultural environment, HKIoD conducts business in biliteracy and trilingualism. Website: http://www.hkiod.com.

Media Enquiries:
Strategic Public Relations Group Limited
Brenda Chan +852 2114 4396 / brenda.chan@sprg.com.hk
Chak Yau +852 2114 4395 / chak.yau@sprg.com.hk

Directors Of The Year Awards 2021Enquiries:
The Hong Kong Institute of Directors
Odessa So +852 2889 4988 / odessa.so@hkiod.com
Joanne Yam +852 2889 1414 / joanne.yam@hkiod.com


Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

source https://www.acnnewswire.com/press-release/english/71459/

Tiger Brokers (Singapore) Expands Offerings with Singapore's First L&I ETPs in Partnership with Phillip Capital Management

SINGAPORE, Dec 1, 2021 - (ACN Newswire) - Xiaomi-backed online brokerage Tiger Brokers (Singapore) ("Tiger Brokers") today announced its partnership with Phillip Capital Management (PCM), the award-winning Asian fund management company. Tiger Brokers has joined PCM as a new Distribution Partner and a Participating Dealer for PCM's two newly launched exchange-traded products, namely Phillip MSCI Singapore Daily Leveraged & Inverse Products (collectively "Phillip L&I Products").

With effect from 1 December 2021, Singapore-based traders and investors[1] will be able to trade Phillip L&I Products through Tiger Brokers' platform, Tiger Trade. These products would allow investors and traders to achieve a constant daily leveraged or inverse exposure, to the MSCI Singapore Index which covers about 85 per cent of free-float market capitalisation in the Singapore Exchange universe. The MSCI Singapore index is designed to measure the performance of the large- and mid-cap segments of Singapore equities.

The trading of units on Phillip L&I Products will commence on Tiger Brokers' trading platform on 1 December 2021.

Mr Eng Thiam Choon, CEO of Tiger Brokers (Singapore), shared, "Tiger Brokers (Singapore) stays true to our commitment in helping our investors diversify their portfolio by expanding our product offerings. We believe with Phillip L&I Products availed on Tiger Trade, our trading platform, we can meet the needs of investors and traders who are looking for tactical trading tools that can help them trade through the use of leverage and inverse exposure to gain daily rebalancing results."

Combining futures-based synthetic replication strategy and direct investments into the underlying Securities of the Index, Phillip MSCI Singapore Daily (2X) Leveraged Product provides investment results that closely correspond to twice (2x) the daily performance of the MSCI Singapore Index. On the other hand, Phillip MSCI Singapore Daily (-1X) Inverse Product adopts a futures-based synthetic replication strategy, to provide investment results that closely correspond to the inverse (-1x) of the daily performance of the MSCI Singapore Index.

Mr Linus Lim, CEO and Director of Phillip Capital Management, shared, "We are happy to welcome Tiger Brokers (Singapore) as one of our PDs as it is well established and positioned in the online trading space. Along with Phillip Securities, expanding into the online trading space with Tiger Brokers (Singapore), would definitely provide our traders and investors the flexibility to monitor the L&I Products with an on-the-go basis and ease to trade anytime they want for opportune gains."

Apart from Phillip L&I Products, Tiger Brokers' investors can trade across six different exchanges - New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX), the Singapore Exchange (SGX) and the Australian Securities Exchange (ASX), with access to other trading opportunities such as Equities, different types of Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, Callable Bull/Bear Contracts (CBBCs), Daily Leveraged Certificates (DLCs), US-listed over the counter (OTC) equities and Fund Mall.

The Tiger Trade mobile application is available for download on Apple App Store and Google Play store.
- Apple App Store: https://apps.apple.com/sg/app/id1023600494
- Google Play Store: https://play.google.com/store/apps/details?id=com.tigerbrokers.stock

[1] Investors who are qualified to buy Specified Investment Products (SIP)

About Tiger Brokers (Singapore) Pte Ltd.

Tiger Brokers (Singapore) Pte Ltd ("Tiger Brokers (Singapore)") is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade - available on both online and mobile app (Apple App Store and Google Play Store) offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. Its online and mobile app trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates.

Through Tiger Trade, Tiger Brokers (Singapore) offers retail investors in Singapore access to six global exchanges in the US (NYSE, NASDAQ), China (Shanghai/Shenzhen-Hong Kong Stock Connect), Hong Kong (HKEX), Singapore (SGX) and Australia (ASX), with access to investment offerings such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, Callable Bull/Bear Contracts (CBBCs), Daily Leveraged Certificates (DLCs), and US-listed over the counter (OTC) equities, and Fund Mall.

Tiger Brokers (Singapore) is the Singapore entity of UP Fintech Holding Limited (NASDAQ: TIGR), known as "Tiger Brokers" in Asia, a leading online brokerage firm focusing on global investors. Founded in 2014, Tiger Brokers became #1 in the U.S. equity trading by volume among trading platforms catered to Global Chinese investors in less than two years. Tiger Brokers was awarded "2017 Fintech 250" by CB Insights and shortlisted for "China Leading Fintech 50" for two years in a row by KPMG China. The company was listed on NASDAQ under "TIGR" in 2019 and has offices in China, United States, Australia, New Zealand and Singapore. Tiger Brokers has over 1.4 million customers worldwide currently, with a total trading volume exceeding USD123.8 billion in Q1 2021. The company is backed by well-known investors such as Xiaomi, as well as investment guru Jim Rogers.

For more information, please visit https://www.tigerbrokers.com.sg

About Phillip Capital Management (S) Ltd

Incorporated in 1999, Phillip Capital Management (PCM) is a fund management company with network across the region including Singapore, Australia, Hong Kong, Indonesia, Thailand, and United Kingdom. PCM's products and asset classes include unit trusts and segregated discretionary portfolios investing in equities, bonds, money market and private equity. PCM serves clients including private banks, insurance companies, tertiary institutions, sovereign wealth funds and Singapore government agencies and has approximately SGD 2.8 billion (Oct 2021, unaudited) of assets under management.

A member of PhillipCapital Group, PCM has an established track record managing funds investing in the Asia Pacific region and globally, having won fund awards from Standard & Poor's and Lipper since 2003.

The funds managed by the Company include the following: Phillip SGX APAC Dividend Leaders REIT ETF (2016 Most innovative ETF by SGX), Phillip SING Income ETF, Phillip SGD Money Market ETF, Phillip Singapore Real Estate Income Fund, Phillip Global Opportunities Fund, Phillip Global Quality Fund, Phillip Global Rising Yield Innovators Fund, Phillip Money Market Fund, as well as Phillip US Dollar Money Market Fund. The Phillip Money Market Fund is the largest retail Singapore Dollar money market fund today.

For media enquiries, please contact:
PRecious Communications for Tiger Brokers (Singapore)
Email: Tiger@preciouscomms.com

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Clients ("Prospects") are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects' investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.

Tiger Brokers (Singapore) Pte Ltd (herein "Tiger Brokers") may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for recipient's information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.

Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

source https://www.acnnewswire.com/press-release/english/71462/

SCCG Management Unveils Nevatronix SBTVerse Sports Betting Terminal at SBC Summit North America

LAS VEGAS, NV, Dec 1, 2021 - (ACN Newswire) - Stephen Crystal, SCCG Founder and CEO, announced today that the company, in a joint venture with Nevatronix, will be unveiling a new sports betting terminal at the SBC Summit - North America. The event, at the Meadowlands Exposition Center in New Jersey, will be held December 1-2 at the exhibit hall, booth #113. The new hardware product, SBTVerse, was developed by Nevatronix, a 25-year gaming product and turn-key electronics solutions provider, as part of their commitment to providing transformational and cutting edge sports betting devices to the gaming industry.

Said Crystal, "We see this technology as a game-changing sports betting product that includes next-level fintech capabilities. This solution will not only change the landscape of what sports-wagering hardware suppliers offer today, but it will create an amazing opportunity never before showcased for our clients and partners."

Features of the SBTVerse sports betting terminal include:
- Robust Steel Construction
- 15.6" Touch LCD
- 27" Touch LCD
- Dual Bill Validators
- Ticket Printer
- Bar Code Reader
- Card Reader
- ADA Tactile / Audio Interface
- Audio Speakers
- Camera
- Electronic Locks
- Programmable RGB-LED Accent Lighting
- Battery Backup
- Forex
- Crypto
- ATM
- Wager Payouts

About Nevatronix

Nevatronix is a world-class, UL Listed and ISO 9001:2015 certified fully integrated electrical engineering, manufacturing and digital design studio. One of the very few domestic electronics companies with vertically integrated processes such as precision sheet metal fabrication, machining, wire harnessing, circuit boards, 3D Printing along with electro-mechanical assembly and supply chain management, all under one roof. Located in a 70,000 square foot facility utilizing state-of-the-art technology, equipment, and processes. A highly skilled and experienced engineering, design, manufacturing, and assembly staff provide a wide range of technical capabilities that have created industry-leading, first-to-market products, which often gives customers an industry edge - Currently served industries: Kiosks, Aerospace, Amusement, BillPay, Crypto Currency, Customer Loyalty, Digital Signage, Gaming and Slot Machine, Recycling, Smart Safe, Sports Wagering, Telehealth, Valet Parking, and Vending. Priding on reliable and aesthetically pleasing high-tech electronic solutions sold worldwide. Nevatronix is your one-stop-shop for all things digital.

About SCCG Management

SCCG Management is a consultancy that specializes in sports betting, iGaming, sports marketing, affiliate marketing, technology, intellectual property protection, product commercialization, esports, capital formation, M&A, joint ventures, casino management, and governmental and legal affairs for the casino and iGaming industry.

Contact:
Stephen A. Crystal
SCCG Management
+1 702-427-9354

Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

source https://www.acnnewswire.com/press-release/english/71502/

DigiMax Releases Latest CryptoHawk Feature - ALTCOIN RADAR

LAS VEGAS, NV, Dec 1, 2021 - (JCN Newswire) - DIGIMAX GLOBAL INC. (the "Company" or "DigiMax") (CSE:DIGI) is excited to announce it is adding ALTCOIN RADAR to its CryptoHawk trading tools. This represents the third feature expansion for CryptoHawk in addition to LONG-SHORT INDICATORS for Bitcoin and Ethereum, and TREND WATCH for select high-value market cap coins.

The AI-driven ALTCOIN RADAR lists the top 100 Altcoins that meet two essential criteria:
1) The coin is available on a credible cryptocurrency trading platform; and,
2) The coin is monitored for attributes that give it some likelihood of a near-term significant price increase.

The top monitored coins are listed in order of their Coin Momentum Score. The Altcoin Radar separates the coins into two lists. One list showcases "blipping" coins on the radar, that Altcoin Radar indicates as having the highest likelihood of rising in the market. The other list is continuously being monitored for changes in coin momentum. When applying and testing our new AI feature, we detected the early rise of both Shiba Inu and Dogecoin.

The CryptoHawk AI engine adds a considerable level of additional social media and crypto industry data. By combining these data sources for Altcoin Radar, traders will gain higher confidence in our predictions.

Combining all three of CryptoHawk?s predictive tools makes CryptoHawk a very complete and powerful AI system compared to any similar tools available in the market today. It also allows traders to move through three different trading styles depending on their appetite. These include:
1) Long-Short Indicators - Day Trading
2) Trend Watch - Swing Trading
3) Altcoin Radar - Spot Trading

Altcoin Radar offers a radical departure from predictive AI models that require historical financial and seasonal Big Data. The CryptoHawk AI engine's ability to analyze real-time momentum and attitude allows more recent cryptocurrencies to be monitored. This breakthrough makes the CryptoHawk AI solution appealing to a broader audience seeking gains from sudden, or even unexpected, runs.

DigiMax is also a customer of its own AI services. DigiMax has invested Cdn $1 million into the DigiMax Growth Fund and it manages a similar amount in its own trading account. The goal in both of these investments is to use CryptoHawk tools to earn a targeted 10% or more per month while keeping overall volatility of the total investment low. To date, these goals have been sporadically achieved even though every trade is not a winner.

Where Do We Go From Here
- With the evolved suite of CryptoHawk predictive services, DigiMax can leverage more of its relationships with collaboration partners to broaden the CryptoHawk user base.
- With CryptoHawk offering a wider selection of trading insight options, crypto trader novices and enthusiasts will be empowered and incentivized to share their success, strategies and build communities that will further and organically grow our user base.
- The Company plans to introduce a "freemium" version of CryptoHawk when it launches the mobile app to allow users to experience the value of our predictive indicators while incentivizing conversion of freemium users to paid subscription services.
- The Company will get more involved in large gaming events as a sponsor and participant to increase awareness of its targeted user communities.
- The Commodity Fund and B2B Commodity App will be available at the beginning of next year.
- Throughout 2021 the Company has invested in research and growing its AI engineering and software development team to improve and maintain our suite of AI products. With our solutions reaching feature maturity, the Company can leverage its resources and apply them to new opportunities and new vertical markets seeking to augment their business and insight through AI.
- With a 2021 resource and solution ramp-up, the Company's 2022 roadmap includes an agile data science and AI engineering team dedicated to improving the AI engine performance and solutions of its existing products. Going forward, the Company?s distinctive and competitive AI approach is rooted in detecting and harnessing the evolution of emerging market opportunities that can be disrupted through early recognition and prediction of social patterns that point to superior and reliable gains.

About DigiMax

DigiMax is an Artificial Intelligence technology Company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM partner, and the Company's engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.

To learn more, visit our website: https://digimaxglobal.com/

Contact:
Thierry Hubert
Chief Technology Officer
214-713-8014
thubert@digimax-global.com

Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements
NEITHER THE CANADIAN SECURITIES EXCHANGE, NOR THEIR REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

This press release contains "forward-looking statements". Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements we make regarding the Company's future plans, expectations and objectives.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.


Copyright 2021 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/3tXPATt

SPC Announces the Launch of Its Platform based on the Metaverse

CAYMAN ISLANDS, Dec 1, 2021 - (JCN Newswire) - SPC, an Asia Capital Strategy (ACS) initiative, is a management protocol and cross-chain asset aggregation and revenue platform for creating stable, sustainable returns for users of the Metaverse ecosystem. SPC will evolve into a cross-chain asset aggregation and revenue marketplace, focused on developing innovative asset pools to create premiere offline metaverse eco-industrial parks, centered in Southeast Asia. Maximizing returns while ensuring that LP capital is as safe as possible, SPC creates a robust passive income platform to meet the needs of the Metaverse industry, further creating stable income-bearing derivatives products, such as risk-optimal return indices, as well as other derivative assets.

Experts in the industry generally believe that in the Internet era, the PC era was Internet 1.0, the mobile Internet was era 2.0, and the Metaverse will be era 3.0. In terms of time and space, the Metaverse is a digital world that is virtual in the physical dimension but real in the temporal dimension. In terms of authenticity, the Metaverse contains digital copies of the real world as well as creations of the virtual world. In terms of independence, the Metaverse is a parallel space that is closely connected to the external real world while being highly independent. In terms of connectivity, the Metaverse is an extensive and sustainable virtual reality system that encompasses networks, hardware terminals and users.

The basic features of the Metaverse include an immersive sensory experience; virtual clones with one or more virtual world identities; the ability to create virtual activities using the massive digital resources available; strong social attributes, with a more diverse and interactive social model than those found in the real world; and a stable, safe, and orderly virtual economic and social system. Metaverse is the future, and international groups such as Microsoft, Facebook, Amazon, Tencent, Alibaba and Toutiao, as well as Asia Capital Strategy SPC, have invested in the Metaverse industry.

ACS: advocating Value Concept, promoting Long-term Value Investment

Asia Capital Strategy (ACS) is a certified financial institution with a Cayman Islands Monetary Authority fund license issued to Asia Capital Strategy SPC. ACS is committed to promoting Venture Capital funds, market strategy of corporate bond issuance and the concept of long-term value investment. ACS adheres to the core concepts of value and growth and in addition to identifying undervalued value companies, it also looks for growth companies to invest in. ACS uses both top-down and bottom-up methodologies; on one hand looking at policy and industry trends, on the other using valuation models to make sound, comprehensive and holistic investment decisions.

Asia Capital Strategy successfully promoted United Royale Holdings Corp to an OTCMARKETS listing in 2018. A modern enterprise with a royal background, and an established network in many countries and regions since its establishment in 2008, United Royale Holdings Corp is mainly engaged in agarwood plantations, perfectly combining the production, development and sales of high-end agarwood. United Royale Holdings Corp (OTCQB: URYL) has a current market capitalization of over $600 million, and is dedicated to building a comprehensive industrial chain, making it one of the most explosive stocks of the emerging markets.

Asia Capital Strategy SPC plans to invest heavily in the 'SPC Metaverse' brand in Southeast Asia and establish the first SPC Technology Park in 2023, covering the development of ecosystem applications, scenario construction, technology training, and other related industries in the Metaverse. By focusing on the development of Metaverse technologies such as blockchain, Internet of Things, 3D virtual, interactive games, and artificial intelligence, SBC hopes to become a global brand name in the Metaverse industrial ecosystem.

SPC's plans have been recognized and supported by digital investment bank GOLDEN HORSE Exchange. SPC tokens will be issued and traded by the GOLDEN HORSE Exchange. Derivatives products based on stable income will be created in the future, inviting users to board the high-speed Metaverse train, boosting the value of SPC tokens in global circulation, and making SPC tokens a basic fuel of the global Metaverse.

Leveraging the new Metaverse cluster industry and its tokens, SPC is expected to build a new value ecosystem ranging from industry to technology and finance, and from the physical to the virtual world. SPC is listed globally; linking SPC's investment map to the core Metaverse and "next-generation Internet" is the long-term value.

Media Contact
Asia Capital Strategy SPC
Joseph Yap, Marketing Manager
E: support@asiacapitalstrategy.com
U: https://www.asiacapitalstrategy.com


Copyright 2021 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/3tXPATt

"Carbon reduction" opportunities and Broad Homes' growth potential

HONG KONG, Dec 1, 2021 - (ACN Newswire) - The second round of land auction rules in 22 cities has been adjusted, and competitive quality has become a standard feature in the multi-city land auction market. An enterprise's vitality, product strength, innovation ability and product competitiveness are becoming the underlying logic to drive the industry into high-quality development.



Broad Homes (Ticker: 2163.HK) is the first company in the prefabricated construction industry to IPO on the HKEX. The Company has accumulated more than 20 years of technological and industrial capabilities. The industry believes that Broad Homes will help lead the construction industry towards resource integration and more environmental-friendly developments.

Opportunities under carbon reduction

This year, "carbon peak, carbon neutral" was formally written into the government work report, the "14th Five-Year Plan" included policies to accelerate the promotion of green and low-carbon development. Since the construction industry is a key contributor of carbon emissions, companies related to green buildings will usher in new development potential.

In fact, green building development is already on the rise. In June 2021, 15 departments including the Ministry of Housing and Urban-Rural Development issued the "Opinions on Strengthening Green and Low-Carbon Construction in County Towns" document, clarifying that the county will vigorously develop green buildings and building energy conservation, including the promotion and application of green building materials, the development of new construction methods such as prefabricated steel structures, and the full implementation green construction, etc.

Prefabricated buildings are highly energy-efficient and can reduce carbon emissions by more than 40% throughout its life cycle, according to CITIC Securities. From 2016 to 2020, the CAGR of newly started prefabricated buildings nationwide reached 53%, and the proportion of newly started prefabricated buildings reached 20.5% in 2020.

Broad Homes' path to carbon reduction

Facing positive market prospects, Broad Homes' strategy to grasp development opportunities is industrialized construction.

Tang Fen, Board Director and President of Broad Homes, commented: "Industrialized construction is the most effective technological path for the construction industry to achieve the dual-carbon goal." Broad Homes will continue to invest in technology and product R&D to consistently enhance product characteristics. "Simply put, construction industrialization is like building a house like a car. This methodology is currently in its early stages of development in China", Tang Fen added.

Compared with traditional engineering construction models, prefabricated buildings have the following two advantages: 1) prefabricated construction can effectively shorten the construction period and improve construction efficiency. During the early stage of construction, prefabricated buildings go through stages of detailed and standardized design, shortening the construction period by more than 1/3 compared to buildings built using traditional construction methods. 2) Prefabricated construction helps to achieve energy saving, environmental protection and low carbon emissions throughout the entire construction cycle, Ping An Securities' research report indicated.

As the industry leader for prefabricated construction, Broad Homes has greater development advantages. Firstly, Broad Homes is the first company in the industry to fully adopt the full-process digital information system. Secondly, Broad Homes is also the first company to obtain exclusive intellectual properties for the entire industry technology chain.

At present, Broad Homes has 8 generations of product systems, a leading national information system, an accumulation of experience in building 200 million square meters of construction projects, and a strategic factory layout in China. As of June 2021, Broad Homes has 15 wholly owned PC factories and 60 joint PC factories that are currently under operations.

Future growth is empowered by digitalization

When industrialized construction reaches productization, it is necessary to gradually move away from passively meeting customer needs to actively meeting them. Broad Homes believes digitalization should be adopted to improve efficiency and push for product innovation.

Tang Fen commented: "How to return building construction to the essence of the product itself relies on realizing the values of industrialization and digitalization." Broad Homes began to actively engage in digitalization capabilities in 2014. Currently, the Company's operation is entirely driven by the data system. The front-end production and operation are driven by demand, and the influence of human factors in the entire production and operation process is reduced by 95%.

In March 2021, Broad Homes officially released the BOX Modul product. Since the trial production in July this year, a total of more than 100 million new orders have been contracted in three months, showing positive demand from the market. It is reported that the BOX Modul is built ready-to-live with a wide range of application scenarios including cultural tourism, homestays, public service spaces, etc. This product allows the realization of more innovative models of living and usage of land.

Take employee apartment as an example, in 2021, Broad Homes upgraded the settlement solution for employees. The multi-story employee apartment can be delivered in just 50 days, and high-rise employee apartment can be delivered in 150 days, which meets the differentiated market demand for rental housing in different cities.

Regarding the successful innovation of products, Hu Shengli, the Co-President of Broad Homes and CEO of Broad Box Technology Co., Ltd., commented: "The Company's independently developed whole-process digitalized information system, PC-CPS, integrates all parts of the industrial chain including design, manufacturing, and construction and at the same time offering flexible manufacturing. This system has set a good foundation to produce BOX-Modul products."

He also commented: "Through transformation and upgrades, the PC-CPS system can be implemented into BOX-Modul products. We hope in a year of continuous efforts, we can realize digitalization through the BOX-Modul's CPS system and with feedback from the client end, we hope to further enhance and upgrade our product."

In his view, in the near future, BOX-Modul products can be upgraded and iterated from hardware to software just like the iPhone. Digital technology provides this possibility for the BOX-Modul.



Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

source https://www.acnnewswire.com/press-release/english/71495/

DigiMax Releases Latest CryptoHawk Feature - ALTCOIN RADAR

LAS VEGAS, NV, Dec 1, 2021 - (ACN Newswire) - DIGIMAX GLOBAL INC. (the "Company" or "DigiMax") (CSE:DIGI) is excited to announce it is adding ALTCOIN RADAR to its CryptoHawk trading tools. This represents the third feature expansion for CryptoHawk in addition to LONG-SHORT INDICATORS for Bitcoin and Ethereum, and TREND WATCH for select high-value market cap coins.

The AI-driven ALTCOIN RADAR lists the top 100 Altcoins that meet two essential criteria:
1) The coin is available on a credible cryptocurrency trading platform; and,
2) The coin is monitored for attributes that give it some likelihood of a near-term significant price increase.

The top monitored coins are listed in order of their Coin Momentum Score. The Altcoin Radar separates the coins into two lists. One list showcases "blipping" coins on the radar, that Altcoin Radar indicates as having the highest likelihood of rising in the market. The other list is continuously being monitored for changes in coin momentum. When applying and testing our new AI feature, we detected the early rise of both Shiba Inu and Dogecoin.

The CryptoHawk AI engine adds a considerable level of additional social media and crypto industry data. By combining these data sources for Altcoin Radar, traders will gain higher confidence in our predictions.

Combining all three of CryptoHawk?s predictive tools makes CryptoHawk a very complete and powerful AI system compared to any similar tools available in the market today. It also allows traders to move through three different trading styles depending on their appetite. These include:
1) Long-Short Indicators - Day Trading
2) Trend Watch - Swing Trading
3) Altcoin Radar - Spot Trading

Altcoin Radar offers a radical departure from predictive AI models that require historical financial and seasonal Big Data. The CryptoHawk AI engine's ability to analyze real-time momentum and attitude allows more recent cryptocurrencies to be monitored. This breakthrough makes the CryptoHawk AI solution appealing to a broader audience seeking gains from sudden, or even unexpected, runs.

DigiMax is also a customer of its own AI services. DigiMax has invested Cdn $1 million into the DigiMax Growth Fund and it manages a similar amount in its own trading account. The goal in both of these investments is to use CryptoHawk tools to earn a targeted 10% or more per month while keeping overall volatility of the total investment low. To date, these goals have been sporadically achieved even though every trade is not a winner.

Where Do We Go From Here
- With the evolved suite of CryptoHawk predictive services, DigiMax can leverage more of its relationships with collaboration partners to broaden the CryptoHawk user base.
- With CryptoHawk offering a wider selection of trading insight options, crypto trader novices and enthusiasts will be empowered and incentivized to share their success, strategies and build communities that will further and organically grow our user base.
- The Company plans to introduce a "freemium" version of CryptoHawk when it launches the mobile app to allow users to experience the value of our predictive indicators while incentivizing conversion of freemium users to paid subscription services.
- The Company will get more involved in large gaming events as a sponsor and participant to increase awareness of its targeted user communities.
- The Commodity Fund and B2B Commodity App will be available at the beginning of next year.
- Throughout 2021 the Company has invested in research and growing its AI engineering and software development team to improve and maintain our suite of AI products. With our solutions reaching feature maturity, the Company can leverage its resources and apply them to new opportunities and new vertical markets seeking to augment their business and insight through AI.
- With a 2021 resource and solution ramp-up, the Company's 2022 roadmap includes an agile data science and AI engineering team dedicated to improving the AI engine performance and solutions of its existing products. Going forward, the Company?s distinctive and competitive AI approach is rooted in detecting and harnessing the evolution of emerging market opportunities that can be disrupted through early recognition and prediction of social patterns that point to superior and reliable gains.

About DigiMax

DigiMax is an Artificial Intelligence technology Company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM partner, and the Company's engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.

To learn more, visit our website: https://digimaxglobal.com/

Contact:
Thierry Hubert
Chief Technology Officer
214-713-8014
thubert@digimax-global.com

Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements
NEITHER THE CANADIAN SECURITIES EXCHANGE, NOR THEIR REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

This press release contains "forward-looking statements". Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements we make regarding the Company's future plans, expectations and objectives.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

source https://www.acnnewswire.com/press-release/english/71494/

SPC Announces the Launch of Its Platform based on the Metaverse

CAYMAN ISLANDS, Dec 1, 2021 - (ACN Newswire) - SPC, an Asia Capital Strategy (ACS) initiative, is a management protocol and cross-chain asset aggregation and revenue platform for creating stable, sustainable returns for users of the Metaverse ecosystem. SPC will evolve into a cross-chain asset aggregation and revenue marketplace, focused on developing innovative asset pools to create premiere offline metaverse eco-industrial parks, centered in Southeast Asia. Maximizing returns while ensuring that LP capital is as safe as possible, SPC creates a robust passive income platform to meet the needs of the Metaverse industry, further creating stable income-bearing derivatives products, such as risk-optimal return indices, as well as other derivative assets.


Experts in the industry generally believe that in the Internet era, the PC era was Internet 1.0, the mobile Internet was era 2.0, and the Metaverse will be era 3.0. In terms of time and space, the Metaverse is a digital world that is virtual in the physical dimension but real in the temporal dimension. In terms of authenticity, the Metaverse contains digital copies of the real world as well as creations of the virtual world. In terms of independence, the Metaverse is a parallel space that is closely connected to the external real world while being highly independent. In terms of connectivity, the Metaverse is an extensive and sustainable virtual reality system that encompasses networks, hardware terminals and users.

The basic features of the Metaverse include an immersive sensory experience; virtual clones with one or more virtual world identities; the ability to create virtual activities using the massive digital resources available; strong social attributes, with a more diverse and interactive social model than those found in the real world; and a stable, safe, and orderly virtual economic and social system. Metaverse is the future, and international groups such as Microsoft, Facebook, Amazon, Tencent, Alibaba and Toutiao, as well as Asia Capital Strategy SPC, have invested in the Metaverse industry.

ACS: advocating Value Concept, promoting Long-term Value Investment

Asia Capital Strategy (ACS) is a certified financial institution with a Cayman Islands Monetary Authority fund license issued to Asia Capital Strategy SPC. ACS is committed to promoting Venture Capital funds, market strategy of corporate bond issuance and the concept of long-term value investment. ACS adheres to the core concepts of value and growth and in addition to identifying undervalued value companies, it also looks for growth companies to invest in. ACS uses both top-down and bottom-up methodologies; on one hand looking at policy and industry trends, on the other using valuation models to make sound, comprehensive and holistic investment decisions.

Asia Capital Strategy successfully promoted United Royale Holdings Corp to an OTCMARKETS listing in 2018. A modern enterprise with a royal background, and an established network in many countries and regions since its establishment in 2008, United Royale Holdings Corp is mainly engaged in agarwood plantations, perfectly combining the production, development and sales of high-end agarwood. United Royale Holdings Corp (OTCQB: URYL) has a current market capitalization of over $600 million, and is dedicated to building a comprehensive industrial chain, making it one of the most explosive stocks of the emerging markets.

Asia Capital Strategy SPC plans to invest heavily in the 'SPC Metaverse' brand in Southeast Asia and establish the first SPC Technology Park in 2023, covering the development of ecosystem applications, scenario construction, technology training, and other related industries in the Metaverse. By focusing on the development of Metaverse technologies such as blockchain, Internet of Things, 3D virtual, interactive games, and artificial intelligence, SBC hopes to become a global brand name in the Metaverse industrial ecosystem.

SPC's plans have been recognized and supported by digital investment bank GOLDEN HORSE Exchange. SPC tokens will be issued and traded by the GOLDEN HORSE Exchange. Derivatives products based on stable income will be created in the future, inviting users to board the high-speed Metaverse train, boosting the value of SPC tokens in global circulation, and making SPC tokens a basic fuel of the global Metaverse.

Leveraging the new Metaverse cluster industry and its tokens, SPC is expected to build a new value ecosystem ranging from industry to technology and finance, and from the physical to the virtual world. SPC is listed globally; linking SPC's investment map to the core Metaverse and "next-generation Internet" is the long-term value.

Media Contact
Asia Capital Strategy SPC
Joseph Yap, Marketing Manager
E: support@asiacapitalstrategy.com
U: https://www.asiacapitalstrategy.com

Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

source https://www.acnnewswire.com/press-release/english/71491/

GlobalLogic社がCybereason社と提携し、先進的でインテリジェントなサイバー保護ソリューション群を開発

TOKYO, Dec 1, 2021 - (JCN Newswire) - 株式会社日立製作所(以下、日立)の米国子会社であるGlobalLogic Inc. *1(以下、GlobalLogic社)は、オペレーション中心の攻撃防御のリーダーであるCybereason社から、同社の次世代サイバーセキュリティプラットフォームおよびサービスの開発支援企業に選定されました。世界中の大企業、政府機関、主要クラウドプロバイダーに導入されているCybereason社の未来をみすえたサイバー攻撃に対する防御は、エンドポイントからエンタープライズシステム、クラウドまで、サイバー犯罪者と戦うすべての場所を網羅しています。今回の提携では、デバイスからクラウドまで、高度な人工知能(AI)の統合を含むセキュリティおよびデータ管理ソフトウェアに関するGlobalLogic社の広範かつ深い専門知識を活用します。

GlobalLogic社にとって、本プログラムはサイバーセキュリティの分野でこれまでに受注した中で最大級のものです。数百人の専門エンジニアを迅速にスケールし、今後1年間のCybereason社の開発ロードマップを支援します。また本プログラムは、クラウドの利用やネットワークの拡大、テクノロジーの利用が増加傾向にあり、新型コロナウイルスによるパンデミック時にも急増したことを受けて、より強固で優れたサイバーセキュリティを求める市場のニーズを反映したものです。

GlobalLogic社の Chief Revenue OfficerであるRajaram Radhakrishnanは「近年、サイバー攻撃は非常に頻繁かつ巧妙になっています。そして、従来のセキュリティソリューションでは十分に保護できなかったネットワークやクラウドといった分野では、危険なほど脆弱な状態になっています。サイバーセキュリティの分野で10年以上活動してきたGlobalLogic社は、複雑な要件にうまく対応することに長けています。Cybereason社は、従来の常識を覆す革新的なセキュリティソリューションを構築し、政府レベルのセキュリティ保護のあり方を再定義する重要なイノベーターです。私たちは、彼らのチームの一員になれることを光栄に思います。」と述べています。

Cybereason社は、今日、市場で利用可能な最も包括的なサイバー保護ソリューションを提供しており、週に23兆件以上と、他のソリューションの5倍もの量のセキュリティ関連イベントを分析しています。特許取得済みの、MalOps(TM)(悪意のある一連の攻撃)エンジンを活用することで、あらゆるデバイスや、ユーザー ID、アプリケーション、クラウドへの実装にわたるまで、攻撃の全貌を明らかにします。この機能を提供するCybereason社の主要なソリューションの1つが、同社のXDR(Extended Detection and Response)ソリューション*2で、全てのITスタックにわたって悪意のある操作を阻止する統合された検知・応答ツールです。なおXDRは、GlobalLogic社のチームがパートナーシップを通じて開発・強化を支援するCybereason社の先進技術の1つです。

Cybereason社の Chief Security OfficerであるSam Curryは「Cybereason社のオペレーション中心のセキュリティアプローチは、サイバー攻撃の防御者が組織への高度で絶え間ない脅威に対抗することを支援します。他の企業が、アラートを追いかけるのみで、貴重な洞察を提供しないセキュリティアナリストを抱えている一方で、Cybereason社は、世界中の企業が、日々受賞歴のある当社の技術を活用することで、攻撃者を凌駕することを支援しています。GlobalLogic社の実績に加え、研究開発への対応と協力的なアプローチが、我々の決断の大きな要因となりました。私たちはともに次世代のサイバー防衛ソリューションを提供し、テクノロジーユーザーがどこにいようとも機密データや業務をよりよくコントロールできるようにしていきます。」と述べています。

本リリースの詳細は下記URLをご参照ください。
https://www.hitachi.co.jp/New/cnews/month/2021/12/1201.html

日立製作所について

日立は、データとテクノロジーで社会インフラを革新する社会イノベーション事業を通じて、人々が幸せで豊かに暮らすことができる持続可能な社会の実現に貢献します。「環境(地球環境の保全)」 「レジリエンス(企業の事業継続性や社会インフラの強靭さ)」 「安心・安全(一人ひとりの健康で快適な生活)」に注力しています。IT・エネルギー・インダストリー・モビリティ・ライフ・オートモティブシステムの6分野で、OT、ITおよびプロダクトを活用するLumadaソリューションを提供し、お客さまや社会の課題を解決します。2020年度(2021年3月期)の連結売上収益は8兆7,291億円、2021年3月末時点で連結子会社は871社、全世界で約35万人の従業員を擁しています。


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CCMGT Awarded the "New Listed Enterprises 2021" By Bloomberg Businessweek/Chinese Edition

HONG KONG, Dec 1, 2021 - (ACN Newswire) - CENTRAL CHINA MANAGEMENT COMPANY LIMITED ("CCMGT" or the "Company", stock code: 9982.HK), a leading property project management company in China, announces that the company recently won the "New Listed Enterprises 2021" award at the 6th "Listed Enterprises of the Year 2021" campaign held by Bloomberg Businessweek/Chinese Edition to commend the company's business strength, corporate development strategy, sustainable development and corporate social responsibility have been recognized by the industry.


Ms. Wu Wallis (Alias Li Hua)- Non-Executive Director of CCMGT

The "Listed Enterprises of the Year 2021" award is organized by the internationally renowned business media "Bloomberg Business Weekly/Chinese Edition", aiming to commend listed companies with outstanding performance in various industries and their contributions to social and economic stability. The award selection conducts a comprehensive analysis, selection and scoring of the participating companies from eight categories including performance, corporate governance, investor relations, corporate strategy, corporate social responsibility, sustainable development, innovation and change, and risk management. The two companies with the highest scores in various industries were awarded the "Annual Listed Enterprises Awards". The awards are highly credible and representative. The strength and development potential of the winning companies have been widely recognized by the industry and investors.

CCMGT is the leading and fast-growing project management company for property development projects in China. It focuses in greater central China regions as its strategic development, focusing on commercial project management, and continues to expand the fields of government project management, capital project management, and special management consulting services. In recent years, CCMGT has made outstanding achievements in performance, reputation and scale, and all core business have maintained steady growth. As of October 31, 2021, there are a total of 258 projects under management with a total contracted GFA of 30.75 million square meters. From January to October this year, the newly contracted GFA has exceeded the new contracted GFA for the whole year of 2020. The expansion of outside Henan province has achieved another great achievement. The number of newly signed contract projects increased by 66.7% year-on-year, and the newly signed contracted GFA increased by 72.1% year-on-year.

Mr. Ma Xiaoteng, Executive Director of CCMGT said, "I am delighted that the company and our team have been recognized and encouraged in the Hong Kong capital market. In the era of real estate management dividends, CCMGT's mature and efficient asset-light management model and rich experience in refined management has won the recognition of more and more partners. I believe that the company will achieve better development in the era of management dividends. "

Looking forward, CCMGT is committed to seizing the opportunity for the continuous release of the development potential of the project management industry. Under the guidance of the Great Central China strategy, while consolidating the absolute leading position in the market in Henan Province, it will continue to enhance its core competitiveness and vigorously expand the scale of business outside the province. Increase the market share in the national project management market. "Keeping promises, being responsible, taking the right path, and doing business righteously", CCMGT will continue to focus on products and services, continue to steadily promote the refined management system of the whole process of the project, consolidate corporate governance, continuously improve and standardize the company's management structure, and enhance comprehensive risk management system to create value for shareholders.

About CENTRAL CHINA MANAGEMENT COMPANY LIMITED
CENTRAL CHINA MANAGEMENT COMPANY LIMITED ("CCMGT" or "Company", Stock code: 9982.HK) is a leading project management company in China with a strategic focus on Great Central China. Relying on the well-known "Jianye" brand, unique asset-light business model, professional project management services, a comprehensive network of high-quality contractors and suppliers, and a set of standardized, high-quality, and continuously optimized and updated "Jianye" standards. As a solid foundation for its business, CCMGT continues to help projects create higher value and further consolidate its position as a leading project management company in China.


Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

source https://www.acnnewswire.com/press-release/english/71478/

NextPlay's NextFin Division Receives Conditional License Approval for Insurance and Re-insurance Offerings

SUNRISE, FL, Dec 1, 2021 - (JCN Newswire) - NextPlay Technologies, Inc. (NASDAQ: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, announced that its NextFin Division has received conditional approval of its general insurance and re-insurance license application from the Labuan Financial Services Authority (Labuan FSA), a growing jurisdiction of choice by insurers and insurance intermediaries around the world.

The licensing enables NextPlay's fintech division to establish primary insurance operations, NextShield LTD, that looks to initially offer products in the form of block-chained parametric comprehensive travel insurance and bank deposit insurance. These products can be offered directly to businesses globally, as well as further enhance the offerings of NextPlay's other operating units, such as NextBank International, where it could help attract more sizeable deposits due to the licensed insurance coverage.

The re-insurance license enables the company to establish re-insurance operations, NextShield Re, which can offer to investors tokenized fully compliant insurance-linked securities (ILS). The company is expected to begin selling insurance policies in 2022.

Todd Bonner, head of NextPlay's fintech division, will be leading the new insurance initiatives. He brings to the program significant experience in the insurance industry, including co-founding Pacific Century Insurance with Richard Li in Hong Kong which eventually exited in a $888 million transaction.

According to Bonner: "We are grateful to the Labuan FSA for working through the application process with us in a constructive manner and giving NextPlay the opportunity to push the boundaries of insurance and re-insurance innovation with a product portfolio that will be unique to the industry. We believe our initial products will offer clients a much-needed continuum of protection which has yet been unavailable to them under one policy. Of equal importance, we will offer easy and efficient onboarding. We are crypto-friendly, and NextBank and NextShield welcome partners globally."

For partnership inquiries, contact todd.bonner@nextplaytechnologies.com.

About NextPlay Technologies

NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology solutions company offering games, in-game advertising, crypto-banking, connected TV and travel booking services to consumers and corporations within a growing worldwide digital ecosystem. NextPlay's engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of its existing and acquired technologies. For more information about NextPlay Technologies, visit www.nextplaytechnologies.com and follow us on Twitter @NextPlayTech and LinkedIn.

Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of, and within the safe harbor provided by the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinions, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Factors that may cause such a difference include risks and uncertainties including, and not limited to, our need for additional capital which may not be available on commercially acceptable terms, if at all, which raises questions about our ability to continue as a going concern; the fact that the COVID-19 pandemic has had, and is expected to continue to have, a significant material adverse impact on the travel industry and our business, operating results and liquidity; amounts owed to us by third parties which may not be paid timely, if at all; certain amounts we owe under outstanding indebtedness which are secured by substantially all of our assets and penalties we may incur in connection therewith; the fact that we have significant indebtedness, which could adversely affect our business and financial condition; our revenues and results of operations being subject to the ability of our distributors and partners to integrate our alternative lodging rental (ALR) properties with their websites, and the timing of such integrations; uncertainty and illiquidity in credit and capital markets which may impair our ability to obtain credit and financing on acceptable terms and may adversely affect the financial strength of our business partners; the officers and directors of the Company have the ability to exercise significant influence over the Company; stockholders may be diluted significantly through our efforts to obtain financing, satisfy obligations and complete acquisitions through the issuance of additional shares of our common or preferred stock; if we are unable to adapt to changes in technology, our business could be harmed; our travel business depends substantially on property owners and managers renewing their listings; if we do not adequately protect our intellectual property, our ability to compete could be impaired; our long-term success depends, in part, on our ability to expand our property owner, manager and traveler bases outside of the United States and, as a result, our business is susceptible to risks associated with international operations; unfavorable changes in, or interpretations of, government regulations or taxation of the evolving ALR, Internet and e-commerce industries which could harm our operating results; risks associated with the operations of, the business of, and the regulation of, Longroot and NextBank International (formerly IFEB); the market in which we participate being highly competitive, and because of that we may be unable to compete successfully with our current or future competitors; our potential inability to adapt to changes in technology, which could harm our business; the volatility of our stock price; the fact that we may be subject to liability for the activities of our property owners and managers, which could harm our reputation and increase our operating costs; and that we have incurred significant losses to date and require additional capital which may not be available on commercially acceptable terms, if at all. More information about the risks and uncertainties faced by NextPlay are detailed from time to time in NextPlay's periodic reports filed with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings "Risk Factors". These reports are available at www.sec.gov. Other unknown or unpredictable factors also could have material adverse effects on the Company's future results and/or could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made only as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

SOURCE: NextPlay Technologies, Inc.

Company Contacts:
Richard Marshall
Director of Corporate Development
NextPlay Technologies, Inc.
Tel (954) 888-9779
Email: richard.marshall@nextplaytechnologies.com


Copyright 2021 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/3tXPATt

NextPlay's NextFin Division Receives Conditional License Approval for Insurance and Re-insurance Offerings

SUNRISE, FL, Dec 1, 2021 - (ACN Newswire) - NextPlay Technologies, Inc. (NASDAQ: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, announced that its NextFin Division has received conditional approval of its general insurance and re-insurance license application from the Labuan Financial Services Authority (Labuan FSA), a growing jurisdiction of choice by insurers and insurance intermediaries around the world.

The licensing enables NextPlay's fintech division to establish primary insurance operations, NextShield LTD, that looks to initially offer products in the form of block-chained parametric comprehensive travel insurance and bank deposit insurance. These products can be offered directly to businesses globally, as well as further enhance the offerings of NextPlay's other operating units, such as NextBank International, where it could help attract more sizeable deposits due to the licensed insurance coverage.

The re-insurance license enables the company to establish re-insurance operations, NextShield Re, which can offer to investors tokenized fully compliant insurance-linked securities (ILS). The company is expected to begin selling insurance policies in 2022.

Todd Bonner, head of NextPlay's fintech division, will be leading the new insurance initiatives. He brings to the program significant experience in the insurance industry, including co-founding Pacific Century Insurance with Richard Li in Hong Kong which eventually exited in a $888 million transaction.

According to Bonner: "We are grateful to the Labuan FSA for working through the application process with us in a constructive manner and giving NextPlay the opportunity to push the boundaries of insurance and re-insurance innovation with a product portfolio that will be unique to the industry. We believe our initial products will offer clients a much-needed continuum of protection which has yet been unavailable to them under one policy. Of equal importance, we will offer easy and efficient onboarding. We are crypto-friendly, and NextBank and NextShield welcome partners globally."

For partnership inquiries, contact todd.bonner@nextplaytechnologies.com.

About NextPlay Technologies

NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology solutions company offering games, in-game advertising, crypto-banking, connected TV and travel booking services to consumers and corporations within a growing worldwide digital ecosystem. NextPlay's engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of its existing and acquired technologies. For more information about NextPlay Technologies, visit www.nextplaytechnologies.com and follow us on Twitter @NextPlayTech and LinkedIn.

Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of, and within the safe harbor provided by the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements give our current expectations, opinions, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should," and certain of the other foregoing statements may be deemed forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Factors that may cause such a difference include risks and uncertainties including, and not limited to, our need for additional capital which may not be available on commercially acceptable terms, if at all, which raises questions about our ability to continue as a going concern; the fact that the COVID-19 pandemic has had, and is expected to continue to have, a significant material adverse impact on the travel industry and our business, operating results and liquidity; amounts owed to us by third parties which may not be paid timely, if at all; certain amounts we owe under outstanding indebtedness which are secured by substantially all of our assets and penalties we may incur in connection therewith; the fact that we have significant indebtedness, which could adversely affect our business and financial condition; our revenues and results of operations being subject to the ability of our distributors and partners to integrate our alternative lodging rental (ALR) properties with their websites, and the timing of such integrations; uncertainty and illiquidity in credit and capital markets which may impair our ability to obtain credit and financing on acceptable terms and may adversely affect the financial strength of our business partners; the officers and directors of the Company have the ability to exercise significant influence over the Company; stockholders may be diluted significantly through our efforts to obtain financing, satisfy obligations and complete acquisitions through the issuance of additional shares of our common or preferred stock; if we are unable to adapt to changes in technology, our business could be harmed; our travel business depends substantially on property owners and managers renewing their listings; if we do not adequately protect our intellectual property, our ability to compete could be impaired; our long-term success depends, in part, on our ability to expand our property owner, manager and traveler bases outside of the United States and, as a result, our business is susceptible to risks associated with international operations; unfavorable changes in, or interpretations of, government regulations or taxation of the evolving ALR, Internet and e-commerce industries which could harm our operating results; risks associated with the operations of, the business of, and the regulation of, Longroot and NextBank International (formerly IFEB); the market in which we participate being highly competitive, and because of that we may be unable to compete successfully with our current or future competitors; our potential inability to adapt to changes in technology, which could harm our business; the volatility of our stock price; the fact that we may be subject to liability for the activities of our property owners and managers, which could harm our reputation and increase our operating costs; and that we have incurred significant losses to date and require additional capital which may not be available on commercially acceptable terms, if at all. More information about the risks and uncertainties faced by NextPlay are detailed from time to time in NextPlay's periodic reports filed with the SEC, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, under the headings "Risk Factors". These reports are available at www.sec.gov. Other unknown or unpredictable factors also could have material adverse effects on the Company's future results and/or could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made only as of the date hereof. The Company takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by the Company. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

SOURCE: NextPlay Technologies, Inc.

Company Contacts:
Richard Marshall
Director of Corporate Development
NextPlay Technologies, Inc.
Tel (954) 888-9779
Email: richard.marshall@nextplaytechnologies.com

Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

source https://www.acnnewswire.com/press-release/english/71489/

IBO Technology Announces 2021 Interim Results

HONG KONG, Nov 30, 2021 - (ACN Newswire) - IBO Technology Company Limited ("IBO Technology", or the "Company", together with its subsidiaries, the "Group"; Stock Code: 2708.HK) is pleased to announce its unaudited interim results for the six months ended 30 September 2021 (the "Period").

During the Period, the Group achieved a successful turnaround, and recorded profit attributable to owners of the Company of approximately RMB4.37 million (six months ended 30 September 2020: loss attributable to owners of the Company of approximately RMB15.45 million). Revenue significantly increased from approximately RMB190.67 million of the same period last year to approximately RMB266.28 million. Attributable to the increase in number of customers, the Group had strong performance in multiple businesses, among which intelligent terminal products sales and software development businesses achieved approximately 22.4% and approximately 255.9% year-on-year increases in revenues respectively. The Group's gross profit increased by 50.0% to approximately RMB66.85 million for the Period (six months ended 30 September 2020: approximately RMB44.56 million). Gross profit margin was 25.1%, representing an increase of 1.7 percentage point as compared with 23.4% of the same period last year. The Board of Directors did not recommend the distribution of interim dividend.

Huge growth potential benefitted from favourable policies

At this critical time when the global industry is upgrading from industrialisation to digitalisation, PRC has clearly proposed a "Digital China" construction strategy to seize the technological pioneering advantage in the next era. The "14th Five-Year Plan" puts forward initiatives to strengthen the innovative application of key digital technologies, accelerate digital industrialisation, develop and expand emerging digital industries such as artificial intelligence, big data, block chain, cloud computing, network security, etc., and enhance the strength of other industries including communication equipment, core electronic components and key software, thus building 5G-based application scenarios and industrial ecology.

According to the Ministry of Industry and Information Technology of the PRC ("MIIT"), construction of 5G network for 10 key industries will be the focus to form 20 major and typical industrial application scenarios. Meanwhile, the central government also strives to facilitate the development of the 5G industry, and introduced multiple policies including the "5G Application "Sailing" Action Plan (2021-2023)" and the "Notice on Accelerating the Development of 5G", while 5G network construction and 5G industry application are expected to enter a golden period of growth. It is predicted in the "White Paper on 5G Development and Its Economic and Social Impacts" that the economic output directly attributable to 5G technology will reach RMB3.3 trillion in 2025.

Information technology application innovation ("ITAI") industry has been one of the key technological aspects in the construction of "Digital China". The vigorous promotion of the development of the ITAI industry facilitate the transformation of the PRC enterprises and the construction of more comprehensive information technology industry chain for partaking in international competition in the next few decades. The year 2020 was considered to be the first year for the development of the PRC's ITAI industry ,and ITAI projects across the country were widely rolled out, and a phenomenal trend was emerged in the ITAI industry. In the next three to five years, the ITAI industry will enter a golden period of growth. The PRC's IT industry will see an unprecedented wave of replacement by domestic production in the fields of basic hardware, basic software and industry application software. According to the data of Guan Yan Tian Xia, market size of the ITAI industry is expected to reach RMB1.3 trillion in 2025 in a steady pace.

Underpinned by favourable national policies, the demand for the Group's three business segments - 5G (communications equipment and private network solutions), ITAI IT (terminal products and industrial solutions) and Internet of Things (IoT) (products and solutions) have increased significantly. Leveraging the synergy among these three major business segments in terms of technologies, supply chains and markets, the Group integrated and innovated 5G, ITAI IT and IoT technologies, providing one-stop digital solutions for customers in different industries , so as to capitalise the opportunities offered by the national policies and market.

Promising revenue attributable to synergies from the Group's multiple business segments

Intelligent terminal products sales business remained as the main source of the Group's income, accounting for 77.5% of total revenue. During the Period, the Group was committed to developing, producing and selling customised IoT intelligent terminal products to customers. Benefitting from a rapid recovery in economic activity and favourable national policies, both domestic 5G and IoT industries experienced a rapid growth, driving the increasing demand for the Group's 5G pico base station series and sales of Radio Frequency Identification ("RFID") products. As number of customers increased, number of orders for 5G pico base station series products and RFID products increased sharply. Revenue of the Group's intelligent terminal products sales business was approximately RMB206.26 million during the Period, representing a year-on-year increase of approximately 22.4%

Based on analysis and assessment of customers' needs, the Group provides comprehensive and customised system solutions to its customers by applying IoT and related technologies, including overall system planning, development and design, procurement of system equipment, integration of software and hardware devices of the system, system implementation, trial operation and system management and maintenance, etc. Given that the revenue of the system integration business was derived from one-off projects and the revenue fluctuated as compared with that of other segments, revenue from the Group's system integration business was approximately RMB0.02 million (six months ended 30 September 2020: approximately RMB2.39 million).

In line with the business and management requirements of customers, the Group plans and designs the software system framework and function list in order to provide customised software application development services. The software development business accounted for 20.6% of the Group's total revenue. In addition to maintaining long-term and strategic relationships with existing customers, the Group also actively explored new customers to expand its customer base and drive sales. During the Period, the Group's software development business continued to expand with revenue of approximately RMB54.92 million, representing a significant increase of approximately 255.9%, becoming the fastest-growing business of the Group during the Period.

For system maintenance services, the Group provides system maintenance services for both software and hardware of information systems encompassing maintenance and management for system devices, database maintenance, daily monitoring on the systems and system upgrades. The segment accounted for 1.9% of the Group's total revenue. During the Period, the Group's system maintenance services maintained a steady growth and recorded a revenue of approximately RMB5.08 million, representing a year-on-year increase of approximately 16.8%

Heading to a golden period of growth while capitalising on favourable policies and industrial development opportunities as well as optimising business strategic layout

While industrial digitalization and ITAI industry are both undergoing fast development, the Group makes good use of its shrewd market acumen and timely optimises its business strategic layout, and focuses on three major segments, including providing 5G communication equipment and private network solutions, ITAI IT terminal products and industrial solutions, IoT products and solutions, as well as industrial digital solutions. Developing the multiple businesses with synergies, the Group has seen satisfactory development progress. Benefitted from favourable policies and industry development opportunities, the three major businesses are expected to witness accelerated growth.

The 5G construction in the PRC is under rapid development, 5G small base stations and DAS system construction boom shall be seen during the second half of 2021 to 2025. The sales of 5G products (including pico base stations and DAS system) and 5G private network solution is expected to gain a substantial growth in the next two to three years, thanks to the strong market demand. The Group has obtained the telecommunications equipment network access license issued by the MIIT which covers the 5G frequency bands operated by the three major operators, namely China Mobile, China Telecom and China Unicom, making the Group as one of the few companies possessing 5G pico base station network access license and enjoying first-mover advantage.

The Group has built a 5G communication private network for the "5G Digitalised Factory" for a mega iron and steel corporation and gained experience in 5G+ industrial Internet project. Also, the Group successfully expanded the business of application of 5G+ technology into the culture, entertainment and sport sector by entering into a cooperation agreement concerning 5G technology application for e-sports stadiums under a famous e-sports brand with Shenzhen Alba Culture and Sports Development. Based on the successful experience in previous projects, the Group will widely partner with telecommunication operators, customers, integrators and suppliers in the industry to gather industry resources, so as to actively establish a highly cooperative 5G industrial application ecosystem, allowing the parties to create a win-win situation. It is the Group's goal to enlarge its market coverage and market share through enriching and deepening the integrated application of 5G with vertical industries, promoting the construction of private network in 5G industry, and extending the market for the sales of the Group's 5G product series.

The central government has incorporated the ITAI industry into the national development strategy and proposed the "TWO (the party and the government) + EIGHT (other eight industries such as finance and telecommunications) development system" approach. With the successful demonstration of the party and the central government in the market, important industries such as finance, telecom, electricity and transportation have gradually started the application of ITAI products and projects. Keeping up with times and riding on the current trend, the Group will give full play to its technological advantages, accelerate the development of IT basic hardware business such as domestically produced notebook computers and mobile terminals, focus on industries such as electricity, finance, communications and education where ITAI products and projects are applied in priority, step up efforts in marketing and strive for more market shares.

Being a leading digital solutions provider, the Group will continue to consolidate its market resources and continue to make efforts in the fields of 5G (communication equipment and private network solutions), ITAI IT (terminal products and industry solutions) and the IoT (products and solutions). In view of the close interconnection among the three major business segments in terms of underlying technologies, application technologies, supply chains, markets and business models, etc., the Group can promote collaborative and mutual development among the businesses. Besides, while solidifying its existing market and business in the PRC, the Group will actively identify suitable merger and acquisition targets which can create strong synergies with its existing principal businesses, making every effort to seize global market opportunities and actively exploring high-quality overseas projects, in hopes of enhancing its competitiveness and building a good image as a Chinese brand in the world.

About IBO Technology Company Limited
IBO Technology Company Limited (Stock code: 2708.HK), a leading digital solutions provider, is principally engaged in providing 5G communication equipment and private network solutions, ITAI terminal products and industry solutions, IoT products and solutions, as well as industrial digital solutions in the PRC. The Group's businesses mainly cover four areas, namely (i) intelligent terminal products sales; (ii) system integration; (iii) software development; and (iv) system maintenance services. With nearly 20 years penetration in the IoT industry, the Group serves customers from both the public and private sectors in the PRC, including government authorities, large-scale state-owned enterprises and private enterprises.

For more details, please visit: http://www.ibotech.hk/



Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

source https://www.acnnewswire.com/press-release/english/71486/