Advancing the Belt and Road Initiative: The Kyrgyz Republic Ministry of Finance’s First Promotional Seminar and Non-Deal Roadshow Successfully Held ACN Newswire

Advancing the Belt and Road Initiative: The Kyrgyz Republic Ministry of Finance’s First Promotional Seminar and Non-Deal Roadshow Successfully Held

HONG KONG, Dec 3, 2024 - (ACN Newswire via SeaPRwire.com) - December 2, 2024, In the context of the Belt and Road Initiative, the first Belt and Road Golden Route Series Financial Promotion Event——the Kyrgyz Republic Ministry of Finance's promotional seminar and non-deal roadshow was successfully held today in Hong Kong. The event was jointly hosted by TF International Securities Group Limited ("TF International") and China CITIC Bank International Limited ("China CITIC Bank International"), attracting numerous international investors and financial industry leaders.The Kyrgyz Republic, as one of the earliest countries to support and engage in the Belt and Road Initiative, has seen increasingly close economic and trade relations with China. Recently, TF International signed a memorandum of understanding with the Kyrgyz Republic Ministry of Finance, becoming the first Hong Kong-based Chinese securities firm to establish an official partnership with the Kyrgyz Republic Ministry of Finance. The two parties work together to promote the RMB internationalization, support the real economy, facilitate high-quality development, and reinforce Hong Kong’s position as an international financial center. The event featured distinguished guests, including Mr. Amanbaev Umutzhan Mominovich, Deputy Minister of Finance of Kyrgyz Republic, Mr. Abdybapov Abdanbek Abdybapovich, Head of the Government Borrowing Department of Kyrgyz Republic, Mr. CHAN Ho Lim, Joseph, JP, Under Secretary for Financial Services and the Treasury of Hong Kong S.A.R., and Mr. ZOU Chuan, CEO of TF International, as well as Mr. Andy Siow, Senior Coverage Banker, DCM, at China CITIC Bank International. They shared insights into Kyrgyzstan’s development opportunities and investment prospects in the international financial market, discussing investment opportunities and key focus areas for mutually beneficial cooperation. In his opening speech, Mr. CHAN Ho Lim, Under Secretary for Financial Services and the Treasury of Hong Kong, remarked, "Hong Kong has firmly established itself as Asia’s leading international financial centre. Our core strengths include free flow of capital and information, a robust common law system, and a simple and low tax regime, and Hong Kong enjoys preferential access to Mainland China. All these position Hong Kong as the super-connector between China and international markets, which plays a key role in promoting RMB internationalization and advancing the Belt and Road Initiative. The Kyrgyz Republic is an important partner under the Belt and Road Initiative and is certainly Hong Kong’s important trading partner in Central Asia.” He also stated that, “I would like to express my gratitude to the Kyrgyz Republic Ministry of Finance and TF International and appreciate your commitment to fostering stronger ties between Central Asia and Hong Kong. We look forward to exploring potential future collaborations with the Kyrgyz Republic that will benefit our respective markets and promote partnerships among Belt and Road nations.” As of September 1, 2024, Renminbi (RMB) has been included in the list of official daily exchange rates published by Kyrgyzstan, alongside the US dollar, euro, Russian ruble, and Kazakh tenge. This move further strengthens economic and financial cooperation between the two countries. Mr. Amanbaev Umutzhan Mominovich, Deputy Minister of Finance of the Kyrgyz Republic, stated, "The inclusion of the RMB in the list of official daily exchange rates in Kyrgyzstan marks a new stage in the economic cooperation between the two countries. This not only provides greater convenience for international investors but also empowers the development of Kyrgyzstan's financial market. Through this promotional event, we hope to connect with more international investment institutions and jointly promote the sustainable development of the regional economy." Hong Kong, as the international financial center and the central city of the Guangdong-Hong Kong-Macao Greater Bay Area, plays an important bridging role in the Belt and Road Initiative, leveraging its diverse financing channels and close alignment with national strategies. Mr. ZOU Chuan, CEO of TF International, stated, "The Belt and Road Initiative offers significant opportunities for economic integration and development, enhancing trade across Asia, Europe, the Middle East, and beyond. As a gateway between China and the world, Hong Kong is a key hub for the internationalization of the Renminbi, facilitating its use in trade and investment, and supporting effective currency risk management for BRI projects. With ongoing economic expansion and the internationalization of the Renminbi, Hong Kong is well-positioned to emerge as the premier financing hub. As we explore upcoming opportunities, I encourage you to envision the transformative impact these initiatives can have on the Kyrgyz Republic’s development agenda and the broader economic landscape of Central Asia. Together, we can unlock new avenues for growth and collaboration." From December 3 to 6, 2024, TF International, in collaboration with China CITIC Bank International will join forces with the Kyrgyz Republic Ministry of Finance in hosting a series of non-deal roadshows in Shanghai and Beijing, further strengthening ties with the Chinese financial market. The success of today’s promotional seminar and non-deal roadshow in Hong Kong marks a new milestone in the economic cooperation between the two countries and injects fresh momentum into the high-quality development of the Belt and Road Initiative. Copyright 2024 ACN Newswire via SeaPRwire.com.
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#CTS24 Concluded Last Week, Advancing Net-Zero Goals and Sustainable Solutions ACN Newswire

#CTS24 Concluded Last Week, Advancing Net-Zero Goals and Sustainable Solutions

London, UK, Dec 2, 2024 - (ACN Newswire via SeaPRwire.com) - The 3rd edition of the London Climate Technology Show concluded last week, paving a vital roadmap towards fully decarbonising our planet through sustainable technologies. The event brought together policymakers, eco-technology leaders, industry professionals, and innovators, all unified in their call for an immediate shift to sustainable and green solutions to secure a better future for the planet.The two-day event opened on 27th November with an inspiring keynote by Felicity Burch, Executive Director of the Responsible Technology Adoption Unit at the Department for Science, Innovation, and Technology (DSIT), who spoke about AI Innovation in Clean Energy and the DSIT's Manchester Prize. Following her, Ing. Abigail Cutajar, CEO of the Climate Action Authority, talked about Pioneering the Surge Towards Climate and Energy Transitions.The conference unfolded over two dynamic days, featuring a packed agenda of insightful presentations and engaging panel discussions. It delved into actionable strategies for decarbonisation, advancements in AgriTech, the evolving carbon market, eco-funds, energy, CCS, built environment and other groundbreaking innovations in climate technology.Notable discussions highlighted the need for farmers to balance carbon stewardship with food production over the next few decades, the importance of consistent government policies to enable businesses to plan and innovate effectively, and the urgency of addressing digital and engineering skill shortages to ensure a successful green energy transition. Industry experts also called for common sustainability metrics to measure corporate efforts fairly, emphasized the value of collaboration over competition to accelerate the green transition, and underscored the need for farmers to access landscape-level data to enhance biodiversity.The exhibition hall featured groundbreaking innovations and solutions in sustainability and climate technology, including carbon capture and storage (CCS) from companies like CGI and Terra CO2 Technology, carbon management and accounting solutions by Greenly and Gaia Carbon Accounting, and emerging climate technologies from innovators such as Nabla Flow and Luna 9. Other exhibitors showcased AI-driven solutions, sustainable energy systems, and innovative carbon reduction technologies, presenting a comprehensive snapshot of the future of climate tech.#CTS24 also hosted interactive side events, including startup acceleration programs and hands-on workshops, providing participants with opportunities for learning, networking, and collaboration. These sessions empowered attendees to adopt transformative technologies and take decisive climate action.Attendee ExperiencesThe event received overwhelming positive feedback:Mark Haley, Co-founder of Cero3, shared, "We’re so proud to have unveiled our sustainable travel planner. The feedback and interest exceeded our expectations."Satyajit Mohanan, Projects and Business Development Coordinator at Cambridge Cleantech, remarked, "It was a pleasure to be part of this event. I met amazing people and look forward to the next edition."Dennis Chacko, Senior Sales Manager at the British Board of Agreement, shared his excitement over a unique sustainable pen: "Once used, you can plant it to grow something new—a powerful reminder of how everyday items can contribute to a greener future."As this successful edition concludes, the organisers are already planning for a bigger, more impactful 4th Edition, with expanded content and greater opportunities to drive meaningful change toward a sustainable future.For further information, please reach out to us at press@valiantandcompany.com. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Honda Introduces AI-powered Social Robot, Haru, to University Hospital in Spain JCN Newswire

Honda Introduces AI-powered Social Robot, Haru, to University Hospital in Spain

TOKYO, Dec 2, 2024 - (JCN Newswire via SeaPRwire.com) - Honda Research Institute Japan Co., Ltd. (HRI-JP), a Honda R&D subsidiary responsible for the research of cutting-edge technologies, has officially introduced its AI-powered social robot named “Haru” at the Virgen del Rocío University Hospital (HUVR) in Seville, Spain, to enhance the well-being of children while in the hospital.At the Annual Gala against Childhood Cancer, held on November 28 local time, at Casino de la Exposicion in Seville, Spain, the HUVR introduced Haru as one of the projects HUVR is implementing to improve the lives of children with cancer, who are in the hospital for long-term treatment.AI-powered social robot, HaruHRI-JP has been developing Haru, an AI-powered social robot, as a “tangible AI system” striving to realize a society where robots coexist as partners of people and to facilitate communications that create connections among people. Haru was designed to be a social robot that makes people smile through expressive communications and forms empathetic relationships with people. As a compact desk-top robot with a total height of 30cm (12 inches), Haru can be placed on a table to engage in communications with people.Haru obtains biometric information of the user, such as facial expressions and voice tones, through its built-in camera and microphones, then analyzes the information obtained to understand the user’s current state, and interacts with each user in accordance with the result of analysis, using empathetic expressions and emotionally supportive responses. Moreover, Haru can also be linked to a wristwatch-type wearable sensor worn by the user and analyze the user’s conditions in greater detail.Furthermore, as a robot, Haru does not have any human attributes such as gender, race or nationality, and is always capable of communicating from a neutral perspective, enabling Haru to effectively facilitate communication beyond generational and cultural differences, especially in group communication.HUVR had been conducting a demonstration experiment using Haru in the pediatric oncology ward of the hospital since 2021 for the purpose of enhancing both the clinical and emotional care of young patients. Since the results of the experiment have confirmed a certain level of positive effects on children with cancer, the official decision was made to advance the project with full-fledged utilization of Haru, introducing 10 units to be used in various situations in the children’s daily lives in the pediatric oncology unit.Key results of the demonstration experiment at the HUVR1. Assisting emotional and cognitive assessmentsHaru has been assisting the hospital’s neuropsychologists in conducting emotional and cognitive assessments. Using AI technology, Haru communicates with children; analyzes their biometric information, such as facial expressions and voice tones, obtained through its built-in cameras and microphones; and assist neuropsychologists in conducting emotional and cognitive assessments.Due to the amount of time the assessment takes, there is a limit to the number of assessments the neuropsychologists can conduct each year: the number had been limited to 510 per year including follow-up consultations until now. With the introduction of Haru, the number of assessments the hospital can conduct each year is expected to increase to as many as 4,500.2. Assisting rehabilitation activitiesHaru has been supporting intellectual and physical rehabilitation programs provided to young patients at the hospital. Haru learns the rehabilitation programs and can guide the children through the process while engaging them in conversation. The demonstration experiment showed that 95% of children were more actively engaged in rehabilitation while receiving guidance from Haru, compared to conventional human guides.3. Serving as a companion in playrooms and hospital roomsYoung patients who undergo long-term hospital stays for treatment spend a lot of time alone in their rooms. By communicating with the children, Haru can offer entertainment and cognitive stimulation, and help to soothe their feeling of loneliness, contributing to the enhancement of emotional care the hospital provides.4. Offering educational supportHaru connects the hospital rooms of the children who have not been able to attend school with the classrooms of their schools online, and facilitates the communication as an intermediary. This provides children at the hospital with opportunity to receive education together with children in the classroom and to interact with each other among children.Comments by the Virgen del Rocío University Hospital in Seville (HUVR)“We have been conducting joint research with HRI-JP for several years now, and gained wonderful results. We have identified that Haru holds great potential in bringing happiness to children. Typically, technologies used in hospitals focus on medical treatments or physical well-being. However, Haru has positive psychological effect of lightening the mood of our young patients and also contributes to the well-being of the hospital as a whole. The support that Haru provides, enabling children under hospital care to feel more happiness and connection with others, is unique only to Haru and offers valuable benefits not found in traditional medical care. We believe that Haru is a groundbreaking presence that creates an environment where young patients can enjoy their time here at our hospital.”Comments by Satoshi Shigemi, Honda Research Institute Japan Co., Ltd. (HRI-JP)“Based on the founding spirit of Honda, ‘using our technology to help people’ and ‘understanding people is the very essence of Honda monozukuri (art of making things),’ Honda Research Institute has been conducting research into cutting-edge technologies which have the potential to enhance positive psychological effects of people and the overall well-being of society. We are delighted by the result of our joint research with Virgen del Rocío University Hospital that shows Haru has been able to be a companion to the children at the hospital, lifting up their spirits, and bringing smiles to their faces. Moving forward, we will continue our efforts to further advance Haru as a robot which can co-exist with people 24/7 and be more helpful to young patients as well as all hospital staff to contribute to the well-being of the hospital a whole.”About Honda Research Institute (HRI)HRI was established in 2003 as a research operation which will go beyond the framework of the traditional business domain of the Honda Group and take on challenges to address issues facing humanity. Each of three HRI operations, located in Japan, the United States, and Germany, is engaged in “frontier research” with a focus on next-generation AI, including the exploration of new technologies such as quantum technology. By using Pasteur's Quadrant approach to research, which calls for the simultaneous pursuit of principles, or science, and real-world applications, HRI is striving to quickly give shape to new technologies and ideas, and create new value that can be useful to society. The research outcomes generated by HRI will lead toward the development of future Honda technologies in a wide range of technology fields, including but not limited to the areas of safety, the environment and next-generation mobility.Honda Research Institute Japan Co., Ltd. (HRI-JP), a Honda R&D subsidiary responsible for the research of cutting-edge technologies, has officially introduced its AI-powered social robot named “Haru” at the Virgen del Rocío University Hospital (HUVR) in Seville, Spain, to enhance the well-being of children while in the hospital.At the Annual Gala against Childhood Cancer, held on November 28 local time, at Casino de la Exposicion in Seville, Spain, the HUVR introduced Haru as one of the projects HUVR is implementing to improve the lives of children with cancer, who are in the hospital for long-term treatment.AI-powered social robot, HaruHRI-JP has been developing Haru, an AI-powered social robot, as a “tangible AI system” striving to realize a society where robots coexist as partners of people and to facilitate communications that create connections among people. Haru was designed to be a social robot that makes people smile through expressive communications and forms empathetic relationships with people. As a compact desk-top robot with a total height of 30cm (12 inches), Haru can be placed on a table to engage in communications with people.Haru obtains biometric information of the user, such as facial expressions and voice tones, through its built-in camera and microphones, then analyzes the information obtained to understand the user’s current state, and interacts with each user in accordance with the result of analysis, using empathetic expressions and emotionally supportive responses. Moreover, Haru can also be linked to a wristwatch-type wearable sensor worn by the user and analyze the user’s conditions in greater detail.Furthermore, as a robot, Haru does not have any human attributes such as gender, race or nationality, and is always capable of communicating from a neutral perspective, enabling Haru to effectively facilitate communication beyond generational and cultural differences, especially in group communication.HUVR had been conducting a demonstration experiment using Haru in the pediatric oncology ward of the hospital since 2021 for the purpose of enhancing both the clinical and emotional care of young patients. Since the results of the experiment have confirmed a certain level of positive effects on children with cancer, the official decision was made to advance the project with full-fledged utilization of Haru, introducing 10 units to be used in various situations in the children’s daily lives in the pediatric oncology unit.Key results of the demonstration experiment at the HUVR1. Assisting emotional and cognitive assessmentsHaru has been assisting the hospital’s neuropsychologists in conducting emotional and cognitive assessments. Using AI technology, Haru communicates with children; analyzes their biometric information, such as facial expressions and voice tones, obtained through its built-in cameras and microphones; and assist neuropsychologists in conducting emotional and cognitive assessments.Due to the amount of time the assessment takes, there is a limit to the number of assessments the neuropsychologists can conduct each year: the number had been limited to 510 per year including follow-up consultations until now. With the introduction of Haru, the number of assessments the hospital can conduct each year is expected to increase to as many as 4,500.2. Assisting rehabilitation activitiesHaru has been supporting intellectual and physical rehabilitation programs provided to young patients at the hospital. Haru learns the rehabilitation programs and can guide the children through the process while engaging them in conversation. The demonstration experiment showed that 95% of children were more actively engaged in rehabilitation while receiving guidance from Haru, compared to conventional human guides.3. Serving as a companion in playrooms and hospital roomsYoung patients who undergo long-term hospital stays for treatment spend a lot of time alone in their rooms. By communicating with the children, Haru can offer entertainment and cognitive stimulation, and help to soothe their feeling of loneliness, contributing to the enhancement of emotional care the hospital provides.4. Offering educational supportHaru connects the hospital rooms of the children who have not been able to attend school with the classrooms of their schools online, and facilitates the communication as an intermediary. This provides children at the hospital with opportunity to receive education together with children in the classroom and to interact with each other among children.Comments by the Virgen del Rocío University Hospital in Seville (HUVR)“We have been conducting joint research with HRI-JP for several years now, and gained wonderful results. We have identified that Haru holds great potential in bringing happiness to children. Typically, technologies used in hospitals focus on medical treatments or physical well-being. However, Haru has positive psychological effect of lightening the mood of our young patients and also contributes to the well-being of the hospital as a whole. The support that Haru provides, enabling children under hospital care to feel more happiness and connection with others, is unique only to Haru and offers valuable benefits not found in traditional medical care. We believe that Haru is a groundbreaking presence that creates an environment where young patients can enjoy their time here at our hospital.”Comments by Satoshi Shigemi, Honda Research Institute Japan Co., Ltd. (HRI-JP)“Based on the founding spirit of Honda, ‘using our technology to help people’ and ‘understanding people is the very essence of Honda monozukuri (art of making things),’ Honda Research Institute has been conducting research into cutting-edge technologies which have the potential to enhance positive psychological effects of people and the overall well-being of society. We are delighted by the result of our joint research with Virgen del Rocío University Hospital that shows Haru has been able to be a companion to the children at the hospital, lifting up their spirits, and bringing smiles to their faces. Moving forward, we will continue our efforts to further advance Haru as a robot which can co-exist with people 24/7 and be more helpful to young patients as well as all hospital staff to contribute to the well-being of the hospital a whole.”About Honda Research Institute (HRI)HRI was established in 2003 as a research operation which will go beyond the framework of the traditional business domain of the Honda Group and take on challenges to address issues facing humanity. Each of three HRI operations, located in Japan, the United States, and Germany, is engaged in “frontier research” with a focus on next-generation AI, including the exploration of new technologies such as quantum technology. By using Pasteur's Quadrant approach to research, which calls for the simultaneous pursuit of principles, or science, and real-world applications, HRI is striving to quickly give shape to new technologies and ideas, and create new value that can be useful to society. The research outcomes generated by HRI will lead toward the development of future Honda technologies in a wide range of technology fields, including but not limited to the areas of safety, the environment and next-generation mobility.HRI-JP has been developing Haru, an AI-powered social robot, as a “tangible AI system” striving to realize a society where robots coexist as partners of people and to facilitate communications that create connections among people. Haru was designed to be a social robot that makes people smile through expressive communications and forms empathetic relationships with people. As a compact desk-top robot with a total height of 30cm (12 inches), Haru can be placed on a table to engage in communications with people.Haru obtains biometric information of the user, such as facial expressions and voice tones, through its built-in camera and microphones, then analyzes the information obtained to understand the user’s current state, and interacts with each user in accordance with the result of analysis, using empathetic expressions and emotionally supportive responses. Moreover, Haru can also be linked to a wristwatch-type wearable sensor worn by the user and analyze the user’s conditions in greater detail.Furthermore, as a robot, Haru does not have any human attributes such as gender, race or nationality, and is always capable of communicating from a neutral perspective, enabling Haru to effectively facilitate communication beyond generational and cultural differences, especially in group communication.HUVR had been conducting a demonstration experiment using Haru in the pediatric oncology ward of the hospital since 2021 for the purpose of enhancing both the clinical and emotional care of young patients. Since the results of the experiment have confirmed a certain level of positive effects on children with cancer, the official decision was made to advance the project with full-fledged utilization of Haru, introducing 10 units to be used in various situations in the children’s daily lives in the pediatric oncology unit.Key results of the demonstration experiment at the HUVR1. Assisting emotional and cognitive assessmentsHaru has been assisting the hospital’s neuropsychologists in conducting emotional and cognitive assessments. Using AI technology, Haru communicates with children; analyzes their biometric information, such as facial expressions and voice tones, obtained through its built-in cameras and microphones; and assist neuropsychologists in conducting emotional and cognitive assessments.Due to the amount of time the assessment takes, there is a limit to the number of assessments the neuropsychologists can conduct each year: the number had been limited to 510 per year including follow-up consultations until now. With the introduction of Haru, the number of assessments the hospital can conduct each year is expected to increase to as many as 4,500.2. Assisting rehabilitation activitiesHaru has been supporting intellectual and physical rehabilitation programs provided to young patients at the hospital. Haru learns the rehabilitation programs and can guide the children through the process while engaging them in conversation. The demonstration experiment showed that 95% of children were more actively engaged in rehabilitation while receiving guidance from Haru, compared to conventional human guides.3. Serving as a companion in playrooms and hospital roomsYoung patients who undergo long-term hospital stays for treatment spend a lot of time alone in their rooms. By communicating with the children, Haru can offer entertainment and cognitive stimulation, and help to soothe their feeling of loneliness, contributing to the enhancement of emotional care the hospital provides.4. Offering educational supportHaru connects the hospital rooms of the children who have not been able to attend school with the classrooms of their schools online, and facilitates the communication as an intermediary. This provides children at the hospital with opportunity to receive education together with children in the classroom and to interact with each other among children.Comments by the Virgen del Rocío University Hospital in Seville (HUVR)“We have been conducting joint research with HRI-JP for several years now, and gained wonderful results. We have identified that Haru holds great potential in bringing happiness to children. Typically, technologies used in hospitals focus on medical treatments or physical well-being. However, Haru has positive psychological effect of lightening the mood of our young patients and also contributes to the well-being of the hospital as a whole. The support that Haru provides, enabling children under hospital care to feel more happiness and connection with others, is unique only to Haru and offers valuable benefits not found in traditional medical care. We believe that Haru is a groundbreaking presence that creates an environment where young patients can enjoy their time here at our hospital.”Comments by Satoshi Shigemi, Honda Research Institute Japan Co., Ltd. (HRI-JP)“Based on the founding spirit of Honda, ‘using our technology to help people’ and ‘understanding people is the very essence of Honda monozukuri (art of making things),’ Honda Research Institute has been conducting research into cutting-edge technologies which have the potential to enhance positive psychological effects of people and the overall well-being of society. We are delighted by the result of our joint research with Virgen del Rocío University Hospital that shows Haru has been able to be a companion to the children at the hospital, lifting up their spirits, and bringing smiles to their faces. Moving forward, we will continue our efforts to further advance Haru as a robot which can co-exist with people 24/7 and be more helpful to young patients as well as all hospital staff to contribute to the well-being of the hospital a whole.”About Honda Research Institute (HRI)HRI was established in 2003 as a research operation which will go beyond the framework of the traditional business domain of the Honda Group and take on challenges to address issues facing humanity. Each of three HRI operations, located in Japan, the United States, and Germany, is engaged in “frontier research” with a focus on next-generation AI, including the exploration of new technologies such as quantum technology. By using Pasteur's Quadrant approach to research, which calls for the simultaneous pursuit of principles, or science, and real-world applications, HRI is striving to quickly give shape to new technologies and ideas, and create new value that can be useful to society. The research outcomes generated by HRI will lead toward the development of future Honda technologies in a wide range of technology fields, including but not limited to the areas of safety, the environment and next-generation mobility. Copyright 2024 JCN Newswire via SeaPRwire.com.
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DENSO to Exhibit at “Automechanika Dubai 2024” JCN Newswire

DENSO to Exhibit at “Automechanika Dubai 2024”

KARIYA, JAPAN, Dec 2, 2024 - (JCN Newswire via SeaPRwire.com) - DENSO Sales Middle East & North Africa (DSMN), a group company of DENSO Corporation, will participate in “Automechanika Dubai 2024,” held at the Dubai World Trade Centre from December 10 to 12, 2024.Established in 2010 in Dubai, DSMN serves the Middle East and North Africa regions by offering aftermarket products and services. In these regions, motorization is advancing, and vehicles tend to have longer operational lifespans. DSMN strives to provide customers and users with peace of mind and trust through high-quality products and services, contributing to the realization of a sustainable mobility society.Automechanika Dubai is the largest automotive aftermarket trade show in the Middle East and Africa. This year, over 2,200 exhibitors are expected to participate. Many visitors are businesses seeking to establish partnerships with exhibitors, and attendance is anticipated to exceed last year’s 52,469 visitors from 161 countries. The event offers an excellent opportunity to expand business possibilities, not only in the Middle East and Africa but also in regions such as West Asia and Central Asia.Through this exhibition, DSMN aims to showcase aftermarket solutions and explore opportunities for advanced technology-based products and services. Additionally, DSMN will deepen interactions with customers and partner companies, identifying new needs and pursuing tailored solutions to address regional challenges.Booth ImageDSMN Website: https://denso.ae/Please see here for more details on DSMN’s booth: https://denso.ae/events/join-us-at-automechanika-dubai-2024-celebrating-75-years-of-innovation Copyright 2024 JCN Newswire via SeaPRwire.com.
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Fujitsu expands global strategic collaboration agreement with AWS to promote customer digital transformation across industries JCN Newswire

Fujitsu expands global strategic collaboration agreement with AWS to promote customer digital transformation across industries

KAWASAKI, Japan, Dec 2, 2024 - (JCN Newswire via SeaPRwire.com) - Fujitsu today announced that it has signed a three-year global strategic collaboration agreement (SCA) with Amazon Web Services (AWS) (1). This collaboration, officially concluded on November 29, expands the existing agreements in the mobility, finance, and retail sectors to a broader range of industries .Through this collaboration, Fujitsu will combine its expertise in systems integration and its Fujitsu Uvance offering to solve societal issues with AWS’s cloud services and cloud-native architecture to accelerate customers' digital transformation (DX) and address business challenges.Additionally, with AWS’s skills training, Fujitsu aims to strengthen its delivery system by increasing the number of Fujitsu engineers who have AWS certifications from approximately 7,000 to 12,000 over the next three years and double the number of customer deals to over 800 compared to the past 3-year SCA period.BackgroundWith the target year of 2030 for achieving the United Nations Sustainable Development Goals (SDGs) approaching, Fujitsu is promoting Fujitsu Uvance, its business model that aims to increase business growth and solve societal issues.Fujitsu Uvance leverages Fujitsu's extensive technology and industry expertise to seamlessly integrate fragmented processes and data, with the aim of creating new solutions and insights for customers. To achieve this, it is crucial to move away from legacy systems and strategically utilize cloud computing with partners. By expanding strategic collaboration with AWS, the world’s most comprehensive and broadly adopted cloud, and creating a combined solution that address customers business challenges and opportunities, Fujitsu will drive digital transformation across industries.Overview of the Initiatives1. Strengthening Fujitsu’s AWS cloud migration support servicesIn addition to having customers core systems run on their mainframes and UNIX servers, which was a strategic target of the legacy modernization collaboration announced in March 2024, the two companies will strengthen migration support services for broader on-premise systems to move onto AWS. Fujitsu will provide a comprehensive set of cloud-native system integration and operation support services through Fujitsu Cloud Transformation Service and Fujitsu Cloud Managed Service (2), with technical support from AWS.2. Enhancing added value through the service integration of Fujitsu Uvance offerings and AWSFujitsu aims to enhance added value and expand the global provision of Fujitsu Uvance offerings focusing on the two pillars of Trusted Society for a prosperous and sustainable society and Digital Shifts to support customers' data-driven strategies. As part of this effort, Fujitsu has started linking the Digital Shifts offering with its Fujitsu Kozuchi AI service and Amazon Bedrock, AWS's generative AI service. For example, Fujitsu Data Intelligence Premium, an operation platform that utilizes data and AI, analyzes production line data from factories, uses AI to detect risk signs and propose countermeasures based on past cases, and converts past inspection reports into reusable structured data to visualize and share accumulated know-how in facility maintenance work within organizations. By combining business knowledge cultivated over many years with the latest technologies such as generative AI, Fujitsu will help customers improve the efficiency and the uptime of their production processes. Demonstrations of these use cases will be showcased at the Fujitsu booth during AWS re:Invent 2024 starting today in Las Vegas, US.(3)3. Reinforcing Fujitsu’s system development and delivery capabilities by increasing the number of AWS certification holdersFujitsu aims to increase the number of Fujitsu engineers who hold AWS certifications from approximately 7,000 to 12,000 over the next three years, through AWS skills training. By increasing the number of professionals who have a deep understanding of AWS cloud services, Fujitsu will accelerate the delivery of systems that realize customers' DX, doubling the number of customer deals to over 800 compared to past 3-year SCA period.Role of Fujitsu and AWS- FujitsuLeverage its customer base and system development expertise in various industries to reach enterprise and mid-market customers.Through offerings such as legacy system modernization, cloud migration and operational support, and Fujitsu Uvance, Fujitsu will support customers' DX.- AWSAWS will strengthen its technical support for Fujitsu with its solution architects and provide advisories on the use of latest AWS services such as generative AI and cloud-native architectures for diverse use cases. AWS will also provide development environments to review latest AWS services, while also offering funds for joint sales and marketing, and AWS training and certifications for Fujitsu engineers.Yoshinami Takahashi, Vice President and COO for Uvance, Fujitsu Limited comments:“We are pleased to have concluded this global strategic collaboration with AWS. By extending our strategic collaboration to a broader range of industries, we will contribute to the digital transformation of customers across industries through legacy modernization, cloud lift and shift, and the utilization of technology and data offerings from Fujitsu Uvance together with AWS."Jaime Vallés, Vice President, Asia Pacific and Japan, Amazon Web Services comments:"Since 2012, AWS and Fujitsu have supported the digital transformation of customers in the mobility, finance, and retail sectors in Japan and worldwide. Today, we are delighted to expand our strategic collaboration with Fujitsu. Together we will broaden our Digital Transformation Experience to enable a wider range of industries and leverage our shared culture of innovation to jointly address some of the world’s biggest challenges."(1) Amazon Web Services: Headquartered in Seattle, Washington, USA, CEO Matt Garman. The collaboration was concluded with Amazon Web Services Japan GK (Head Office: Shinagawa-ku, Tokyo; President: Akihiko Shirahata).(2) Fujitsu Cloud Transformation Service and Fujitsu Cloud Managed Service: Based on Fujitsu's system design, construction, and operation know-how cultivated mainly in the enterprise domain, these services realize standardization and automation of architecture patterns, ensuring high quality while achieving cost-optimized and rapid delivery. Fujitsu adopts the "AWS Well-Architected Framework" in its delivery services, which is optimized for AWS, and has obtained the "AWS Managed Service Provider (MSP)" certification, proving the soundness and high technical capability of its AWS business.(3) AWS re:Invent: AWS’s annual global conference that starts from December 2, 2024 in Las Vegas. For more information on AWS re:Invent, please visit: https://reinvent.awsevents.com/About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.Press ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2024 JCN Newswire via SeaPRwire.com.
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MeAI Sees Strong Support from Top Launchpad CEOs Following Sold-Out IDO SeaPRwire

MeAI Sees Strong Support from Top Launchpad CEOs Following Sold-Out IDO

New York, NY – December 02, 2024 – (SeaPRwire) – MeAI, a leading innovator in AI and DeSci, announces the listing of its native token, $MEAI, following a successful Initial Dex Offering (IDO). The first AI-powered Web3 lifestyle app that integrates GameFi, SocialFi, and DeSci has successfully completed its IDO, achieving record sell-outs on 6 major launchpads (Enjinstarter, Spores, Dappad, BullPerks, BRC Starter, and Vision Launch). MeAI is set to launch on the BNB chain, and recently announced the $MEAI listing on MEXC, a top tier CEX. Key Achievements: Sold-out IDO: $MEAI IDO sell-outs in record time raising over $650,000 Expansive Network: Over 60 top-tier web3 and AI partnerships Strong support: Over 100 Private and Angel Investors Strong foundations: 435,000+ followers across socials Active community: 250,000+ active users in the MeAI Mini-app 5-star rating: MeAI Mini is ranked in the Top 5 Telegram Mini Apps by BNB Chain’s DappBay The rapid success behind the completion of the MeAI IDO and token listing positions MeAI as an emerging leader in the AI and DeSci sector. Backed by industry leaders In a recent AMA hosted by MeAI, numerous launchpad CEOs came together to discuss the $MEAI IDO and their views on the project outlook. The panel unanimously agreed that MeAI is well-positioned for success, and effectively capitalizes on the rising trends in DeSci and AI in order to become a key player in the rapidly growing market. Eran Elhanani, CEO of BullPerks, a top decentralized VC and multichain launchpad, signalled his confidence in the project, highlighting the rapid sold-out performance on BullPerks as a testament to MeAI’s strong potential and long-term viability. Market demand and investor confidence was clearly present. Mustafa Guler, CEO of Vision Launch, shared his view that MeAI was ‘one to watch’ describing it as a project with immense potential. With innovative approaches and solid foundations, MeAI was described as being poised for significant growth, with traction and momentum clearly growing behind the project. A Strong vision is set MeAI has outlined its ambitious plans for the future, detailing clear goals for scaling the project. Key to its strategy will be expanding into new markets and integrating with major blockchains, both of which are essential for driving mass adoption and growing its user base. The development and release of the main MeAI app for iOS and Android is coming soon, with an MVP launch set for Q1 2025. The team has set a target of 100k+ users for the MVP and 1M users by the end of 2025. The full MeAI app, which will feature all four modules, is expected to be completed by the end of 2025. About MeAI MeAI is the first AI-powered Web3 lifestyle app that combines fun with GameFi, SocialFi, and DeSci, to enhance both your health and wealth. Turn daily routines into exciting challenges with your unique avatar, and immerse yourself in a gamified experience. Progress through quests, achieve milestones, and level up your in-app character to earn rewards through MeAI’s integrated rewards model. MeDiet – Snap pictures of your meals, let AI analyze your plate, stay healthy, and earn rewards. MeExplore – Explore the world, complete quests solo or in teams, stay active, and get rewarded. MeSocial – Connect with other players, share experiences, challenge friends, socialize, and grow together. MeGrowth – Develop yourself, expand your career, and let AI guide you towards a better life. White Paper https://meai.gitbook.io/meai-litepaper Trade $MEAI https://www.mexc.com/exchange/MEAI_USDT Social Links X: https://x.com/meai_app Discord: https://discord.com/invite/meai-903228536867946568 Telegram: https://t.me/meai_app LinkedIn: https://www.linkedin.com/company/meai-app/ YouTube: https://www.youtube.com/@meai_app Instagram: https://www.instagram.com/meai_app/ Medium: https://medium.com/@meai_app Media contact Brand: MeAI Contact: Media team Email: support@meai.app Website: https://www.meai.app/ The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Sectors: Top Story, Corporate News SeaPRwire provides real time press release distribution for companies and organizations to 6,500+ media outlets & 3.5 million professional desktops in 90 regions. It distributes press releases in different languages, including: IndonesiaFolk, IndoNewswire, SEATribune, IDNewsZone, LiveBerita, DailyBerita, TaiwanPR, SinchewBusiness, AsiaEase, BuzzHongKong, SingapuraNow, TIHongKong, TaipeiCool, TWZip, AsiaFeatured, dePresseNow, THNewson, KULPR, VNFeatured, MENAEntry, HunaTimes, DubaiLite, ArabicDir, BeritaDaring, TekanAsia, JamKopi ...
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Kerjasama Menang-Menang dan Maju Bersama: Acara Pertukaran Promosi Budaya dan Pelancongan 'Yunnan Berwarna-warni · Malaysia Menawan' Berjaya Diadakan di Kuala Lumpur SeaPRwire

Kerjasama Menang-Menang dan Maju Bersama: Acara Pertukaran Promosi Budaya dan Pelancongan 'Yunnan Berwarna-warni · Malaysia Menawan' Berjaya Diadakan di Kuala Lumpur

Untuk memperkukuh pertukaran antara Yunnan dan pasaran Asia Tenggara serta mempromosikan industri pelancongan di Yunnan dan Malaysia, Jabatan Kebudayaan dan Pelancongan Wilayah Yunnan telah berjaya mengadakan Acara Pertukaran Promosi Budaya dan Pelancongan "Yunnan Berwarna-warni · Malaysia Menawan" di Kuala Lumpur pada 28 November 2024. Acara ini bertepatan dengan ulang tahun ke-50 hubungan diplomatik antara China dan Malaysia, bertujuan memperluaskan pasaran pelancongan masuk Malaysia, mempercepat pemulihan pelancongan masuk Yunnan, dan membuka lembaran baharu dalam pelancongan dua hala. Wakil-wakil daripada agensi pelancongan masuk Yunnan, ahli-ahli Persatuan Pelancongan Cina Malaysia, Persatuan Ejen Pelancongan dan Pengembaraan Malaysia, Persatuan Pelancongan Masuk Cina Malaysia, serta lebih daripada 40 agensi pelancongan terkenal di Malaysia turut dijemput untuk menghadiri acara ini. Acara ini menampilkan pelbagai aktiviti menarik seperti pembentangan budaya dan pelancongan, pengedaran bahan promosi, tayangan video promosi budaya dan pelancongan Yunnan, kuiz berhadiah, pameran foto, paparan budaya etnik minoriti, dan persidangan B2B. Aktiviti-aktiviti ini sepenuhnya memaparkan kekayaan sumber pelancongan budaya Yunnan, membantu para peserta memahami daya tarikan unik Yunnan serta merasai "Yunnan: Kehidupan Penuh Warna". Acara ini juga memperkukuh pemahaman bersama antara Yunnan dan Kuala Lumpur, serta mendorong pertukaran dan kerjasama dalam bidang budaya dan pelancongan. Dengan memanfaatkan dasar tanpa visa dan pasaran ASEAN, Yunnan akan bekerjasama dengan industri pelancongan Malaysia untuk membangunkan jenama pelancongan rentas sempadan dan mempromosikan kemakmuran pasaran. Usaha bersama kedua-dua pihak dalam membangunkan pelancongan budaya di Yunnan dan Malaysia diharapkan membawa hasil yang menguntungkan. Media Contact Company Name: Yunnan Provincial Department of Culture and Tourism Contact: Li Ziwei Email: lzwsijj@163.com Website: www.visityunnanchina.com
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Win-Win Cooperation and Moving Forward Together: The 'Colorful Yunnan · Charming Malaysia' Cultural and Tourism Promotion Exchange Event Held Successfully in Kuala Lumpur SeaPRwire

Win-Win Cooperation and Moving Forward Together: The 'Colorful Yunnan · Charming Malaysia' Cultural and Tourism Promotion Exchange Event Held Successfully in Kuala Lumpur

To strengthen exchanges between Yunnan and Southeast Asian markets to promote the tourism industries of Yunnan and Malaysia deeper. The Yunnan Provincial Department of Culture and Tourism successfully held the "Colorful Yunnan · Charming Malaysia" Cultural and Tourism Promotion Exchange Event in Kuala Lumpur on November 28, 2024. This event joined with the 50th anniversary of diplomatic relations between China and Malaysia, aiming further expansions on Malaysia's inbound tourism market, accelerating the recovery of Yunnan's inbound tourism and a grand-opening on the new chapter in bilateral tourism. Representatives from Yunnan's inbound travel agencies, members of the Malaysian Chinese Tourism Association, the Malaysian Association of Tour & Travel Agents, the Malaysia Inbound Chinese Association, and over 40 well-known travel agencies from Malaysia were all invited to the event. The event featured a series of activities, including cultural and tourism presentations, distributions of promotional materials, screenings of Yunnan cultural and tourism promotional videos, quizzes with prizes, photo exhibitions, displays of ethnic minority cultures, and a B2B conference. These activities fully showcased Yunnan's rich cultural tourism resources, helping attendees with a better understanding on the unique charm of Yunnan and experience the "Yunnan: A Many-Splendored Life". This event further strengthens mutual understanding between Yunnan and Kuala Lumpur, promoting the exchange and cooperation on culture and tourism. Leveraging visa-free policies and the ASEAN market, Yunnan will work with the Malaysian tourism industry to build cross-border tourism brands and promote market prosperity. With both sides pushing efforts on the development of cultural tourism in Yunnan and Malaysia will yield to delightful results. Media Contact Company Name: Yunnan Provincial Department of Culture and Tourism Contact: Li Ziwei Email: lzwsijj@163.com Website: www.visityunnanchina.com
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MHI Receives Order to Supply 24 MOX Fuel Assemblies for Unit 3 of Ikata Nuclear Power Station, Shikoku Electric Power Co. Inc. JCN Newswire

MHI Receives Order to Supply 24 MOX Fuel Assemblies for Unit 3 of Ikata Nuclear Power Station, Shikoku Electric Power Co. Inc.

TOKYO, Dec 2, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Shikoku Electric Power Co. Inc. (Shikoku) to supply 24 MOX(1) fuel assemblies for Unit 3 of the Ikata Nuclear Power Station, subsequent to the order received in October from Kyushu Electric Power Co. Inc. for Unit 3 of the Genkai Nuclear Power Station. Under this contract, MHI will perform design of MOX fuel, and have components such as cladding tubes manufactured by Mitsubishi Nuclear Fuel Co., Ltd. (MHI Group) provided to Orano, who will fabricate MOX fuel assemblies at its MELOX plant in France.MHI has previously supplied 57 MOX fuel assemblies to Japanese utilities, and will supply high-quality MOX fuel by leveraging its past experience and technical capability. MOX fuel will enable Shikoku to utilize plutonium extracted by reprocessing spent fuel, and MHI will contribute to steady promotion of Shikoku's "Plu-Thermal" plan(2) through the supply of MOX fuel.(1) MOX (Mixed Oxide Fuel) is nuclear fuel made of plutonium extracted by reprocessing of spent fuel, and uranium.(2) The "Plu-Thermal" plan is to utilize MOX fuel in light water reactors.Tags: nuclear power generation,MOX fuel assemblyAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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MHI Receives Order from Taiwan High Speed Rail Corporation for Trackwork and Core System for New Rolling Stock Inspection Shop in Zuoying Depot JCN Newswire

MHI Receives Order from Taiwan High Speed Rail Corporation for Trackwork and Core System for New Rolling Stock Inspection Shop in Zuoying Depot

TOKYO, Dec 2, 2024 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Taiwan High Speed Rail Corporation to install new equipment and modify existing equipment for the expansion of the existing maintenance shop at Taiwan High Speed Rail's (THSR) Zuoying depot in southern Taiwan. MHI will design, supply and install trackwork, overhead catenary system, power supply system, and signaling system.THSR plays a key role in Taiwan's transportation infrastructure. Its annual ridership has increased from around 15 million passengers during its inaugural year in 2007, to nearly 73 million in 2023, with the cumulative ridership to date now exceeding 800 million. To better serve this increasing demand, THSR is boosting its capacity by adding 12-car train sets and expanding the associated inspection and maintenance facilities which MHI will undertake. These upgrades will enable an increase in train car operations, which will further enhance transportation convenience across Taiwan and support its economic growth.The THSR project was initially awarded to a consortium of seven Japanese companies, including MHI, in 2000. Operations were inaugurated in January 2007. MHI's involvement continued with the Nangang Extension Project(Note) and subsequent system upgrade work, and the latest contract was awarded to MHI in recognition of these and other ongoing contributions to THSR's development.Going forward, MHI will continue contributing to the THSR's development through its expertise in transportation systems and project management capabilities, further enhancing Taiwan's transportation infrastructure.For details concerning the Nangang Extension Project, refer to the following news release: www.mhi.com/news/130624en.htmlAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2024 JCN Newswire via SeaPRwire.com.
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ULVAC Launches New Deposition System for Semiconductor Applications: Model “ENTRON-EXX” JCN Newswire

ULVAC Launches New Deposition System for Semiconductor Applications: Model “ENTRON-EXX”

Chigasaki, Japan, Dec 2, 2024 - (JCN Newswire via SeaPRwire.com) - ULVAC, Inc. (HQ: Chigasaki, Kanagawa) has started accepting orders for the ENTRON-EXX, a new multi-chamber deposition system for semiconductor applications. The ENTRON-EXX builds on the proven productivity and flexibility of its predecessor, the ENTRON-EX W300, while offering enhanced data intelligence and expandability.After building on the proven productivity and flexibility of the widely adopted predecessor model that was first released in 2005, we developed the ENTRON-EXX. The ENTRON-EXX is a cutting-edge platform designed to meet the evolving needs of increasingly advanced and complex semiconductor manufacturing processes. This next-generation system takes performance to new heights. With its flexibility, enhanced data collection and analysis capabilities and a highly scalable design, the ENTRON-EXX empowers the future of semiconductor innovation.Key Features of ENTRON-EXX:1. Maximizing Factory Space Efficiency:Maximizing factory space efficiency is the key to boosting productivity, and flexibility is the solution. The ENTRON-EXX offers two versatile platform options, Single and Tandem[1], enabling customers to select the best platform to fit their factory spaces, thereby achieving maximum productivity per unit of space.2. Enhanced Data Collection and Analysis Capabilities:To meet the demands of increasingly complex semiconductor manufacturing, the ENTRON-EXX significantly enhances its data collection and analysis capabilities. With real-time processing of large data volumes, it empowers customers to improve yields, optimize preventative maintenance, and enhance overall operational efficiency.3. Highly Expandable System Design:The ENTRON-EXX features a highly expandable design, enabling quick module additions and swapping. This system can seamlessly adapt to evolving needs, providing customers with an optimized environment for both development and mass production.ULVAC, as a "Field of Potentiality for the Future[2],” is committed to pioneering advances in the semiconductor industry through its innovative application of vacuum technology.[1] A Single platform features a single transfer chamber (Core), offering a simple and space-efficient design. A Tandem platform features two transfer chambers (Cores) arranged in sequence, selected for complex process requiring higher productivity.[2] Field of Potentiality for the futureULVAC formulated its "Vision 2032", envisaging an ideal configuration of the ULVAC Group in 2032, while continuing to be a "Field of Potentiality" for the future. This concept is inspired by the physical potentiality that occurs in a vacuum field: changes in energy and matter. It is also the potentiality of change in the individual, which can lead to the potential to change in the spirit animating society. The ULVAC Group is committed to advancing core vacuum and peripheral technologies and understanding the needs of its customers while addressing social challenges, and continuously creating valuable products and technologies.About ULVAC, Inc. Since its founding in 1952, ULVAC, Inc. has been a comprehensive vacuum equipment manufacturer, providing manufacturing equipment, components, analytical instruments, materials, and services based on its core technology - vacuum technology. Working with customers across a wide range of industries, including semiconductors, electronic components, displays, automotive, and pharmaceuticals, ULVAC is committed to driving cutting-edge innovation and creating new value. For the fiscal year ending June 2024, the ULVAC Group recorded consolidated sales of 261.1 billion yen and has approximately 6,200 employees. For more information, please visit our official website at https://www.ulvac.co.jp/en/For more information:ULVAC, Inc. Strategic Planning DepartmentTEL: +81-467-89-2023Inquiry Form: https://www.ulvac.co.jp/en/contact/general.html Copyright 2024 JCN Newswire via SeaPRwire.com.
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Genetec maintains stable and profitable performance on a lower Q1FY2025 revenue ACN Newswire

Genetec maintains stable and profitable performance on a lower Q1FY2025 revenue

Key Financial Performance Highlights for Q1FY2025:Group’s total revenue for the quarter is RM40.2 million, contributed primarily by key clients in the e-mobility and energy storage segment, supplemented by the electronics segment.Recorded PAT of RM4.1million for the quarter under review.GP, PBT, PAT, and PATAMI margins remain in the double-digit levels at 18.2%, 10.9%, 10.2% and 11.9%, respectively due to continued cost discipline.BANGI, Malaysia, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - Technology leader in providing turnkey, intelligent manufacturing automation solutions, GENETEC TECHNOLOGY BERHAD (“Genetec” or the “Company”), announced its financial results for the first quarter of its new financial year (“Q1FY2025). Despite the lower Year-on-Year (“YoY”) revenue, Genetec showcases its resilience with the continued profitability and high-double digit margins.The Company recorded revenue of RM40.2 million and gross profit (“GP”) of RM7.3 million for its Q1FY2025 ending 30 September 2024. It also reported profit before tax (“PBT”) of RM4.4 million, profit after tax (“PAT”) of RM4.1 million and profit after tax and minority interest (PATAMI) of RM4.8 million. Genetec continues to maintain double-digit margins for its GP, PBT, PAT and PATAMI of 18.2%, 10.9%, 10.2% and 11.9%, respectively.Genetec acknowledged that the last quarter has been challenging for the business which it believes was mainly attributed to policy uncertainties from the client’s operating markets. With the conclusion of the U.S. Presidential election and European policy developments, particularly on inflation, import tariffs, and decarbonisation, there is a sense of relief and clarity, and companies are moving forward with their capital expenditure with greater certainty.The Company, leveraging its expertise in customised automation technology and project execution, continue to work closely with its clients to deliver tailored solutions aimed at enhancing manufacturing automation, improving efficiency and increasing production yield for its clients. With its strong track record, Genetec is confident in its ability to continue to build trust and secure recurring business from its clients. Its high client retention rate stands as a testament to its exceptional performance and has been a key factor in the Company’s success. This strong foundation enables the Company to broaden its scope and product offerings with other divisions within the organisation of its existing clients to grow revenue over the long-term. At the same time, the Company’s business development team continue to explore new opportunities in new markets and industries, leveraging on its extensive experience and proven success working with leading international and reputable clients.Genetec’s Battery Energy Storage System (“BESS”) business is slowly gaining traction as it executes smaller-scale but strategically significant projects in both domestic and international markets. The Company remains confident that its execution capabilities and international track record will position Genetec favourably. Market developments such as the government’s recently announced Corporate Renewable Energy Supply Scheme (CRESS) through interest in pairing BESS technology with solar projects, will also support demand for BESS moving forward, and is a step in achieving 70 percent renewable energy in the capacity mix by 2050[1].Moving forward, Genetec remains committed to its strategy and focus on operational efficiency, strict cost management. With its low gearing levels and recent sale of subsidiary CLT Engineering Sdn Bhd to add to its already strong cash position, Genetec is positioning itself to ramp up operations in the coming months.About Genetec Technology BerhadGenetec Technology Berhad is a technology leader in providing customised full turnkey smart factory automation manufacturing lines. It is a public company listed on the Main Market of Bursa Malaysia Securities Berhad (Stock code: 0104). Its principal business focus is in the provision of high-quality, responsive and cost-effective designs, as well as the manufacturing of automated industrial systems, equipment and value-added services for its global customers in the Electric Vehicle (EV), Energy Storage, Automotive, Hard Disk Drive (HDD), Consumer Goods and Healthcare sectors.For more information please visit: https://genetec.net/.Issued by: Narro Communications on behalf of Genetec Technology Berhad[1] Source: Suruhanjaya Tenaga – Guidelines for CRESS Copyright 2024 ACN Newswire via SeaPRwire.com.
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Deposit Emas Terbesar di Dunia Bernilai $83 Bilion Ditemui di China Berita

Deposit Emas Terbesar di Dunia Bernilai $83 Bilion Ditemui di China

(SeaPRwire) - Apa yang digelar sebagai deposit emas terbesar di dunia telah ditemui, menurut agensi berita Xinhua.Simpanan emas itu bernilai 600 bilion yuan, menurut Reuters, bersamaan dengan $83 bilion AS.Penemuan itu telah dibuat oleh ahli geologi dari Institut Geologi Wilayah Hunan kira-kira 12 batu di bawah permukaan di daerah Pingjiang, negara Asia itu, lapor Xinhua.Kawasan penemuan 40 urat bijih emas dengan jumlah keseluruhan 300.2 tan sumber emas dikenali sebagai Akademi Geologi Hunan meramalkan bahawa terdapat lebih daripada 1,000 tan simpanan emas pada kedalaman lebih 3,000 meter, menurut Xinhua.China merupakan pengeluar emas terbesar di dunia, menyumbang kira-kira 10% daripada pengeluaran global pada tahun 2023, data daripada Majlis Emas Sedunia menunjukkan.Sebelum penemuan ini, gelaran rizab emas terbesar di dunia diberikan kepada lombong emas South Deep di Wilayah Gauteng, Afrika Selatan, menurut Post. Ia mempunyai kira-kira 930 tan metrik emas.Pada bulan Oktober, harga niaga hadapan emas telah meningkat lebih 32% tahun ke tahun dan lebih 38% dalam setahun yang lalu, menetapkan beberapa paras tertinggi sepanjang zaman dalam proses itu.Satu auns emas kini dijual pada hampir $2,674.Pelabur telah beralih kepada emas sebagai tempat perlindungan yang selamat daripada pelbagai risiko geopolitik dalam setahun yang lalu, termasuk konflik yang berterusan di Timur Tengah dan Ukraine. Ketidakpastian mengenai hala tuju dasar ekonomi AS selepas pilihan raya, serta pelan pengurangan kadar Fed dan trajektori jangka panjang juga telah meningkatkan pelaburan dalam emas.FOX Business' Eric Revell dan Reuters menyumbang kepada laporan ini.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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PM Georgia Puji Tindakan Keras terhadap Bantahan Walaupun Dikecam AS “`

(SeaPRwire) - Menghadapi kecaman daripada dan penentangan daripada presidennya sendiri, Perdana Menteri Georgia, Irakli Kobakhidze, memuji polis pada Ahad kerana tindakan tegas terhadap penunjuk perasaan yang menurutnya bertindak atas arahan asing untuk menjejaskan negara.Georgia, sebuah negara dengan 3.7 juta penduduk yang pernah menjadi sebahagian daripada Kesatuan Soviet, telah dilanda krisis sejak parti pemerintah Georgian Dream mengumumkan pada Khamis bahawa ia menangguhkan rundingan penyertaan Kesatuan Eropah selama empat tahun akan datang. dan Amerika Syarikat bimbang dengan apa yang mereka lihat sebagai peralihan Georgia daripada laluan pro-Barat dan kembali ke orbit Rusia. Bantahan besar-besaran anti-kerajaan telah berlaku di ibu negara Tbilisi selama tiga malam terakhir, dan polis telah melepaskan meriam air dan gas pemedih mata ke arah orang ramai.Lebih banyak protes dirancang di Tbilisi pada Ahad malam, dan media tempatan melaporkan demonstrasi sedang berlangsung di bandar-bandar di seluruh negara.Pegawai keselamatan Rusia Dmitry Medvedev berkata pada Ahad bahawa percubaan revolusi sedang berlaku di Georgia. Bekas presiden Rusia itu berkata di Telegram bahawa Georgia "bergerak pantas di sepanjang laluan Ukraine, ke dalam jurang gelap. Biasanya perkara seperti ini berakhir dengan sangat buruk".Medvedev, yang pernah dianggap sebagai pembaharu yang memodenkan, telah mengubah dirinya sebagai helang agresif sejak pencerobohan besar-besaran Rusia ke atas Ukraine, sering melancarkan amaran yang dahsyat kepada Kyiv dan penyokong Baratnya.Kremlin belum mengulas mengenai peristiwa terkini di Georgia, tetapi ia telah lama menuduh Barat menghasut revolusi di negara-negara pasca-Soviet yang masih dianggap Moscow sebagai sebahagian daripada lingkungan pengaruhnya.Perdana Menteri Georgia Kobakhidze menolak kritikan daripada Amerika Syarikat, yang telah mengutuk penggunaan "keganasan berlebihan" terhadap penunjuk perasaan."Walaupun keganasan sistematik yang paling berat digunakan semalam oleh kumpulan ganas dan pengajar asing mereka, polis bertindak pada tahap yang lebih tinggi daripada Amerika dan Eropah dan berjaya melindungi negara daripada satu lagi percubaan untuk melanggar perintah perlembagaan," katanya pada sidang akhbar, tanpa memberikan bukti penglibatan asing.Kobakhidze juga menolak pengumuman Washington pada Sabtu bahawa ia menangguhkan perkongsian strategiknya dengan Georgia. Beliau berkata ini adalah "peristiwa sementara", dan Georgia akan bercakap dengan pentadbiran baharu apabila ia mengambil alih pada Januari.Menenangkan krisis perlembagaan di negara itu, Presiden yang sedang memegang jawatan Salome Zourabichvili - pengkritik kerajaan dan penyokong kuat keahlian Georgia dalam EU - berkata pada Sabtu bahawa beliau akan enggan meletak jawatan apabila penggalnya berakhir pada akhir bulan ini.Zourabichvili berkata beliau akan kekal di pejabat kerana parlimen baharu - yang dipilih pada Oktober dalam pilihan raya yang dikatakan pembangkang telah dicurangi - adalah tidak sah dan tidak mempunyai kuasa untuk menamakan penggantinya.Kobakhidze berkata beliau memahami "keadaan emosi" Zourabichvili."Tetapi sudah tentu pada 29 Disember beliau perlu meninggalkan kediamannya dan menyerahkan bangunan ini kepada presiden yang dipilih secara sah," katanya.Georgian Dream telah mencalonkan Mikheil Kavelashvili, bekas bintang bola sepak dengan rekod kenyataan garis keras dan anti-Barat, sebagai calonnya untuk presiden. Ketua negara akan dipilih pada 14 Dis oleh kolej pilihan raya yang terdiri daripada ahli parlimen dan wakil kerajaan tempatan.Untuk sebahagian besar tempoh sejak keruntuhan Kesatuan Soviet pada tahun 1991, Georgia telah condong kuat ke arah Barat dan cuba melonggarkan pengaruh Rusia, yang mana ia kalah dalam perang singkat pada tahun 2008. Ia telah dijanjikan akhirnya, dan menjadi calon rasmi untuk penyertaan EU tahun lepas.Tetapi lawan domestik dan kerajaan Barat telah bimbang dengan apa yang mereka lihat sebagai kecenderungan semakin autoritarian dan pro-Rusia oleh kerajaan Georgian Dream.Pada bulan Jun, ia telah meluluskan undang-undang yang mewajibkan NGO untuk mendaftar sebagai "agen asing" jika mereka menerima lebih daripada 20% pembiayaan mereka dari luar negara. Pada bulan September, parlimen meluluskan undang-undang yang mengekang hak LGBT.Kerajaan berkata ia bertindak untuk melindungi negara daripada campur tangan asing dan mengelakkan daripada mengalami nasib Ukraine dengan diseret ke dalam perang baru.Ketua dasar luar EU yang baharu Kaja Kallas menyuarakan solidariti pada Ahad dengan penunjuk perasaan."Kami bersama rakyat Georgia dan pilihan mereka untuk masa depan Eropah," katanya di X."Kami mengutuk keganasan terhadap penunjuk perasaan & menyesali isyarat daripada parti pemerintah untuk tidak meneruskan laluan Georgia ke EU dan kemunduran demokratik negara ini. Ini akan mempunyai akibat langsung dari pihak EU."Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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China jatuhkan hukuman penjara terhadap wartawan atas tuduhan pengintipan selepas beliau ditahan ketika makan bersama diplomat Jepun Berita

China jatuhkan hukuman penjara terhadap wartawan atas tuduhan pengintipan selepas beliau ditahan ketika makan bersama diplomat Jepun

(SeaPRwire) - Seorang wartawan China yang terkenal telah dijatuhi hukuman penjara tujuh tahun atas tuduhan pengintipan, menurut keluarganya.Dong Yuyu, seorang pengulas dan editor, telah ditahan polis pada Februari 2022 ketika beliau bertemu dengan seorang diplomat Jepun di sebuah restoran, dan telah ditahan polis sejak itu.Keputusan pada hari Jumaat menamakan bekas duta Jepun Hideo Tarumi dan ketua diplomat yang berpangkalan di Shanghai Masaru Okada sebagai ejen yang tergolong dalam organisasi pengintipan, kata keluarga Dong.Dong pernah berkhidmat sebagai timbalan ketua jabatan editorial di Guangming Daily, sebuah akhbar milik kerajaan di China. Beliau juga menyumbang kepada edisi Cina akhbar New York Times.Karya terbitannya termasuk sokongan beliau terhadap demokrasi berpelembagaan dan pembaharuan politik, yang kemudiannya dianggap menentang kedudukan Parti Komunis China.Dong mempunyai hubungan dengan diplomat asing, sarjana dan individu lain melalui kerjaya beliau selama beberapa dekad sebagai wartawan. Beliau juga menganggap Tarumi sebagai seorang kawan.Keluarganya berkata beliau tahu bahawa beliau sentiasa diawasi oleh keselamatan negara, jadi beliau mahu bersikap terbuka seboleh mungkin semasa bertemu dengan kenalan Jepun atau Amerika beliau."Dengan sabitan Yuyu, setiap rakyat China, apabila berurusan dengan kedutaan Jepun — atau mungkin mana-mana kedutaan dan diplomat asing lain — akan dijangka tahu bahawa kerajaan China mungkin menganggap kedutaan tersebut sebagai 'organisasi pengintipan'," kata keluarga itu dalam satu kenyataan. "Setiap rakyat China yang waras patut merasa ngeri dengan alasan ini."Duta Besar AS ke China, Nicholas Burns, mengkritik "Menghukum Dong kerana menggunakan kebebasan bersuara dan akhbarnya, yang dijamin oleh perlembagaan RRC untuk semua rakyatnya, adalah tidak adil," kata Burns.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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Rumah Putih balas video tebusan Edan Alexander yang membimbangkan, mengecam Hamas: ‘Pengingat kejam’ “`

(SeaPRwire) - White House mengecam video tebusan yang menyayat hati yang dikeluarkan pada hari Sabtu, dengan menyebutnya sebagai "peringatan kejam tentang keganasan Hamas."Rakaman tebusan yang mengganggu itu menunjukkan lelaki berusia 20 tahun itu menutup mukanya dan menangis. Alexander, yang merupakan warga negara Amerika-Israel, berkhidmat di (IDF) ketika dia diculik oleh pengganas Hamas semasa serangan 7 Oktober.Dalam rakaman itu, Alexander kelihatan kurus dan pucat. Tebusan itu menjelaskan bahawa dia telah menjadi tawanan selama lebih 420 hari dan menyampaikan mesej paksaan kepada Perdana Menteri Israel Benjamin Netanyahu dan Presiden terpilih Trump.Pada hari Sabtu, jurucakap Majlis Keselamatan Negara (NSC) Sean Savett berkata bahawa White House telah mengetahui rakaman itu dan sedang berhubung dengan keluarga Alexander. "Video tebusan yang dikeluarkan hari ini bagi warga Amerika-Israel Edan Alexander adalah peringatan kejam tentang keganasan Hamas terhadap warga negara pelbagai negara, termasuk negara kita sendiri," katanya."Perang di Gaza akan berhenti esok dan penderitaan penduduk Gaza akan berakhir dengan serta-merta — dan sudah berakhir beberapa bulan yang lalu — jika Hamas bersetuju untuk membebaskan tebusan," tambah Savette. "Ia telah enggan berbuat demikian, tetapi seperti yang dinyatakan oleh Presiden minggu lalu, kita mempunyai peluang penting untuk menyelesaikan perjanjian untuk membebaskan tebusan, menghentikan perang, dan meningkatkan bantuan kemanusiaan ke Gaza." Savett juga berjanji bahawa Presiden Biden "akan terus bekerja tanpa henti" untuk memastikan pembebasan tebusan di Gaza. Pelepasan rakaman itu dibuat beberapa hari selepas IDF dan Hezbollah, kumpulan pengganas yang disokong Iran, bersetuju dengan di Lubnan. Semasa mengumumkan perjanjian itu pada hari Selasa, Biden mengakui keengganan Hamas untuk membebaskan tebusannya."Terlalu ramai orang awam di Gaza telah menderita terlalu banyak," kata presiden itu dari Rose Garden White House. "Dan Hamas telah enggan, selama berbulan-bulan, untuk merundingkan gencatan senjata dan perjanjian tebusan dengan niat baik."Ibu bapa Alexander, Yael dan Adi Alexander, muncul di "Fox & Friends" bulan lepas untuk bercakap tentang anak lelaki mereka. Semasa temu bual itu, penduduk New Jersey itu menggambarkan pertemuan mereka dengan Presiden terpilih Trump."Saya hanya memberitahu [Trump] tentang Edan, apa jenis budak Jersey dia," kata Yael. "Saya memberitahu presiden bahawa orang yang diselamatkan pada pertengahan November, melihat Edan di dalam terowong, dan mereka memberitahu saya bahawa dia bercakap dengan mereka, memberitahu semua orang bahawa dia adalah seorang warganegara Amerika.""Dia cuba menenangkan semua orang dan berkata, 'Dengar, anda semua adalah orang awam. Anda akan keluar tidak lama lagi, dengan cepat. Jangan risau tentangnya.' Ia memberi kita banyak kekuatan untuk mengetahui bahawa Edan kuat pada 7 Oktober, dan dia menghiburkan orang lain," tambahnya. Reuters and Digital's Bailee Hill menyumbang kepada laporan ini.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. Sektor: Top Story, Berita Harian SeaPRwire menyampaikan edaran siaran akhbar secara masa nyata untuk syarikat dan institusi, mencapai lebih daripada 6,500 kedai media, 86,000 penyunting dan wartawan, dan 3.5 juta desktop profesional di seluruh 90 negara. SeaPRwire menyokong pengedaran siaran akhbar dalam bahasa Inggeris, Korea, Jepun, Arab, Cina Ringkas, Cina Tradisional, Vietnam, Thai, Indonesia, Melayu, Jerman, Rusia, Perancis, Sepanyol, Portugis dan bahasa-bahasa lain.
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Military Metals Completes Claim Staking Around the Last Chance Antimony-Gold Property in Nevada ACN Newswire

Military Metals Completes Claim Staking Around the Last Chance Antimony-Gold Property in Nevada

Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - November 28, 2024) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "MILI") is pleased to report that it has completed additional staking of claims surrounding the Last Chance antimony-gold property, located in Nye County, Nevada, just over 70km north of the town of Tonapah and 12km due west of Kinross' Round Mountain gold mine. The Company recently entered into a letter of intent to acquire the Last Chance antimony-gold property. Please refer to the Company's news release dated November 14, 2024, for additional details about the Last Chance property.Scott Eldridge, Chief Executive Officer of the Company, commented, "Antimony prices have now risen to $38,000 USD per tonne, making antimony the top performing commodity thus far for 2024. China's export restriction that came into play September 15, 2024, has created a supply crunch that has magnified the need for domestic development of defense sector metals. This additional staking solidifies complete coverage of what we believe is the entire mineralized system surrounding the Last Chance antimony-gold property."Location map, Last Chance PropertyTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10818/231755_11f4bf32b4999b42_001full.jpgHistorical antimony-gold occurrences and a solitary shaft where limited historical production is recorded occur within a sequence of Paleozoic carbonates and Lower Mesozoic metamorphosed shales and carbonates; A series of ultramafic dykes as well as younger felsic intrusives and extrusives cut this sequence at several locations. Mineralization is structurally controlled, with folding, faulting and quartz veining seen throughout the metamorphosed sedimentary sequence at several locations across the property.A fence of claims was staked surrounding the Last Chance property to ensure that additional ground considered potentially prospective remains available to the Company when it begins its first field campaign scheduled for Q2/2025.The technical contents of this release were reviewed and approved by Avrom E. Howard, MSc, PGeo, geological consultant to Military Metals and a qualified person as defined by NI 43-101.About Military Metals Corp. The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony.ON BEHALF OF THE BOARD of DIRECTORSFor more information, please contact:Scott EldridgeCEO and Directorscott@militarymetalscorp.comFor enquiries, please call 604-722-5381 or 604-537-7556This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-Looking information in this news release includes statements related to the completion of a binding agreement and closing of the acquisition of the Last Chance Gold Property, as well as future plans for exploration activities, and assumptions related to the continuation of the global demand for antimony. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. These include meeting the conditions to close the acquisition of the Last Chance Gold Property, geopolitical developments related to the supply of antimony, the continued use of antimony and availability of alternatives, availability of capital and labour in respect of the properties that are the subjects of this news release, the results of any future exploration activities, which cannot be guaranteed, and such other factors as may impact both and any future activities in respect of the properties. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca. Forward-Looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward looking statements if circumstances, management's estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/231755 Copyright 2024 ACN Newswire via SeaPRwire.com.
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Hua Medicine Announces Successful U.S. Phase I Results on Its 2nd Generation GKA Candidate ACN Newswire

Hua Medicine Announces Successful U.S. Phase I Results on Its 2nd Generation GKA Candidate

SHANGHAI, Nov 30, 2024 - (ACN Newswire via SeaPRwire.com) - Hua Medicine (the “Company”, HKEx stock code: 2552) announced today that the Company has successfully completed a Phase I clinical trial on its 2nd generation GKA candidate in U.S. at the 9th China BioMed Innovation and Investment Conference (CBIIC).The Phase Ia clinical trial of the second-generation GKA (HM-002-1005) was conducted in the United States in 40 subjects with Type 2 diabetes (T2D). This trial was randomized, double-blind, placebo-controlled, single-dose, focusing on safety, tolerability, and pharmacokinetics. The second-generation GKA is a novel molecular entity with optimized physicochemical properties, holding new patents, and serving as the prodrug of dorzagliatin (HMS5552). This study designed for once-daily oral administration. Its aim is to extend the drug's action duration in the body through sustained-release technology, enhance patient compliance, and prolong the stimulation of GLP-1 secretion in the intestines.The Single Ascending Dose (SAD) study demonstrates that HM-002-1005 tablets can be rapidly converted to HMS5552 in the human body, with minimal exposure level of prodrug in both blood and urine. The t1/2 (biological half-life) after a single dose of HM-002-1005 tablets was prolonged compared to dorzagliatin tablets. The Cmax of HMS5552 in plasma after a 184.5mg single dose is comparable to the plasma concentration of HMS5552 after a 75mg single dose of dorzagliatin tablet; likewise, the daily AUC of HMS5552 in plasma after a single dose of HM-002-1005 tablets is comparable to the exposure level of HMS5552 after a 75mg BID dose of dorzagliatin tablets. The research indicates that HM-002-1005 tablets are near-completely converted to HMS5552 in human, and its pharmacokinetic characteristics support for once-daily oral administration. The development of HM-002-1005 tablets not only contributes to enhancing patient medication adherence and effectively control blood glucose levels within 24 hours; meanwhile, it also offers the opportunity to explore the Maximum Tolerated Dose above 150mg daily to achieve better efficacy. The 75 mg BID dose regiment was developed under the concept of Minimum Therapeutic Effective Dose in Chinese T2D patients who suffered from an impairment of insulin secretion and significant reduction of early phase insulin. The different disease characters of T2D with obesity in western patient population would benefit dorzagliatin from its effects on GLP-1 secretion and improvement of insulin sensitivity.With the confirmation that the exposure level of HM-002-1005 tablets at 184.5mg is comparable to dorzagliatin tablets at 75mg (BID), we will further optimize the dosage form followed by a Multiple Ascending Dose (MAD) clinical development of the 2nd generation GKA in China and the United States.Dr. Li CHEN, founder and CEO of Hua Medicine, stated, “Hua Medicine has always been committed to treating Type 2 diabetes at its root cause by restoring patients’ ability to autonomously regulate blood glucose levels. Over the course of a decade, the Company has selected dosing and clinical research protocols that are safe and effective for the majority of Chinese diabetes patients, leading to the successful development of GKA and the clinical application of dorzagliatin. Building on this foundation, the Company will undergo a strategic upgrade by further exploring the therapeutic potential of GKA, enriching its product pipeline and seeking partners both domestically and internationally, in order to benefit a broader range of patients, expand into global markets, and effectively establish the brand identity of GKA medications while maximizing the commercial potential of our global first-in-class drugs.”About Hua MedicineHua Medicine (The “Company”) is an innovative drug development and commercialization company based in Shanghai, China, with companies in the United States and Hong Kong. Hua Medicine focuses on developing novel therapies for patients with unmet medical needs worldwide. Based on global resources, Hua Medicine teams up with global high-calibre people to develop breakthrough technologies and products, which contribute to innovation in diabetes care. Hua Medicine's cornerstone product HuaTangNing (Dorzagliatin tablets), targets the glucose sensor glucokinase, restores glucose sensitivity in T2D patients, and stabilizes imbalances in blood glucose levels in patients. HuaTangNing was approved by the National Medical Products Administration (NMPA) of China on September 30th, 2022. It can be used alone or in combination with metformin for adult T2D patients. For patients with chronic kidney disease (CKD), no dose adjustment is required. It is an oral hypoglycemic drug that can be used for patients with Type 2 diabetes with renal function impairment.For more informationHua MedicineWebsite: www.huamedicine.comInvestorsE-mail: ir@huamedicine.comMediaE-mail: pr@huamedicine.com Copyright 2024 ACN Newswire via SeaPRwire.com.
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Hua Medicine Announces Successful H.K. SENSITIZE Study Results at the CBIIC ACN Newswire

Hua Medicine Announces Successful H.K. SENSITIZE Study Results at the CBIIC

SHANGHAI, Nov 30, 2024 - (ACN Newswire via SeaPRwire.com) - Hua Medicine (the “Company”, HKEx stock code: 2552) announced today that the Company has successfully completed its SENSITIZE study on the mechanism by which dorzagliatin improves the β-cell glucose sensitivity at the 9th China BioMed Innovation and Investment Conference (CBIIC).The SENSITIZE study was initiated by Professor Juliana Chan, an international endocrinology specialist at The Chinese University of Hong Kong, as the lead researcher. It is the first clinical study in Asian populations to evaluate the impact of GKA on β-cell glucose sensitivity in the populations with varying degrees of impaired glucose tolerance using the technology of hyperglycemic clamp. The study aims to explore the impairment of glucokinase (GK) function and clinical characteristics in different types of glucose dysregulation, providing new scientific evidence on the pathophysiology of Asian Type 2 diabetes and the central role of GK in blood glucose regulation.The SENSITIZE 2 study results announced at CBIIC demonstrate that a single dose of dorzagliatin restores GK enzyme activity, significantly improving the second-phase insulin secretion and β-cell glucose sensitivity in individuals with impaired glucose tolerance (IGT) in hyperglycemic clamp study. In addition, the SENSITIZE 1 study previously reported at the 2022 ADA annual meeting showed that dorzagliatin directly restores the activity of GK mutants, leading to significant improvements in the second-phase insulin secretion and β-cell glucose sensitivity in patients with glucokinase monogenic diabetes (GCK-MODY or MODY-2), and significantly enhance basal insulin secretion in newly diagnosed type 2 diabetes patients.Hua Medicine will continue to investigate β-cell glucose sensitivity improvement and incretin effect in response of repeated dose of dorzagliatin in individuals with intermediate hyperglycemia (IH) and Type 2 diabetes, in order to establish personalized intervention and treatment management plans for prediabetic and Type 2 diabetes patients.About Hua MedicineHua Medicine (The “Company”) is an innovative drug development and commercialization company based in Shanghai, China, with companies in the United States and Hong Kong. Hua Medicine focuses on developing novel therapies for patients with unmet medical needs worldwide. Based on global resources, Hua Medicine teams up with global high-calibre people to develop breakthrough technologies and products, which contribute to innovation in diabetes care. Hua Medicine's cornerstone product HuaTangNing (Dorzagliatin tablets), targets the glucose sensor glucokinase, restores glucose sensitivity in T2D patients, and stabilizes imbalances in blood glucose levels in patients. HuaTangNing was approved by the National Medical Products Administration (NMPA) of China on September 30th, 2022. It can be used alone or in combination with metformin for adult T2D patients. For patients with chronic kidney disease (CKD), no dose adjustment is required. It is an oral hypoglycemic drug that can be used for patients with Type 2 diabetes with renal function impairment.For more informationHua MedicineWebsite: www.huamedicine.comInvestorsE-mail: ir@huamedicine.comMediaE-mail: pr@huamedicine.com Copyright 2024 ACN Newswire via SeaPRwire.com.
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Pemberontak Islam di Syria mengejutkan rejim Assad, Putin, Iran dan memberi sakit kepala baharu kepada AS di Timur Tengah
“` Berita

Pemberontak Islam di Syria mengejutkan rejim Assad, Putin, Iran dan memberi sakit kepala baharu kepada AS di Timur Tengah “`

(SeaPRwire) - JERUSALEM—Pasukan militan Islam Syria telah merampas kawalan ke atas sebahagian besar Aleppo, bandar kedua terbesar di negara yang dilanda perang itu, menimbulkan persoalan baharu yang signifikan kepada kerajaan Amerika Syarikat mengenai dasar mereka di Republik Arab Syria yang amat tidak stabil."Saya rasa ia membimbangkan jika beberapa elemen daripada pasukan anti-Assad mendapat akses kepada tapak-tapak sensitif di Syria. Ada laporan yang menyatakan mereka telah merampas Pusat Pengajian dan Penyelidikan Saintifik Syria, iaitu tempat program senjata kimia Assad ditempatkan, di samping aset-aset ketenteraan lain," kata Jason Brodsky, pengarah dasar untuk United Against Nuclear Iran, kepada Digital.Beliau menyambung, "Memandangkan latar belakang sesetengah kumpulan ini yang sebelum ini bergabung dengan Al-Qaeda, ia menimbulkan persoalan serius dan mungkin ada implikasinya terhadap keselamatan negara Israel."Kerajaan Benjamin Netanyahu dilaporkan mengadakan mesyuarat pada malam Jumaat untuk membincangkan berita terkini dari Syria.Bekas Presiden Barack Obama telah menandatangani perjanjian yang dikritik hebat dengan diktator rejim Syria, Bashar Assad pada tahun 2013 untuk membuang senjata kimianya. Pegawai AS kemudiannya berkata bahawa Assad mungkin mengekalkan sebahagian daripada peralatan peperangan kimianya. Assad telah berulang kali menggunakan gas beracun terhadap penduduknya untuk membubarkan pemberontakan demokratik yang berlaku terhadap rejimnya pada tahun 2011.Pada masa kini terdapat kira-kira 900 askar Amerika di Syria sebagai sebahagian daripada misi untuk menewaskan Islamic State. Kehadiran tentera AS di Syria, menurut pakar Timur Tengah, juga membantu membendung usaha rejim Iran untuk menawan sebahagian daripada Syria.Pengambilalihan sebahagian besar bandar Aleppo yang berpenduduk dua juta orang itu merupakan satu tamparan hebat kepada Assad dan sekutunya, iaitu pergerakan pengganas yang tersenarai oleh AS, Hezbollah, Rusia, dan Republik Islam Iran.Namun, Brodsky memberi amaran bahawa Hayʼat Tahrir al-Sham (HTS), gabungan kumpulan-kumpulan Islam radikal yang mencapai kemenangan di Aleppo, juga merupakan organisasi yang sangat berbahaya bagi AS."Kita tidak boleh lupa bahawa salah satu daripada kumpulan ini, HTS telah diisytiharkan oleh AS sebagai organisasi pengganas asing. Saya rasa tindakan Israel yang melemahkan Hezbollah telah membangkitkan semangat pasukan anti-Assad kerana mereka mengesan kelemahan dengan serangan ini terhadap Aleppo. Ia bukan sahaja kerugian Hezbollah, tetapi juga kerugian IRGC [Kor Pengawal Revolusi Islam] yang sedang menguji struktur Pasukan Quds di Syria."Jangan lupa bahawa Israel telah menamatkan Jabatan 2000 Pasukan Quds IRGC, yang mengawasi operasi di Levant, sebanyak dua kali dalam setahun yang lalu sahaja, apatah lagi komander-komander utama lain di medan perang Syria. Itu adalah kehilangan hubungan, kemahiran dan rangkaian yang telah meletakkan IRGC pada kedudukan yang kurang menguntungkan, terutamanya apabila Hezbollah berada di bawah tekanan sedemikian," katanya.Kerajaan Amerika Syarikat telah mengisytiharkan kedua-dua rejim Iran dan Republik Arab Syria sebagai penaja keganasan negara.Phillip Smyth, seorang pakar kumpulan proksi rejim Iran dan Syria, yang bertugas di Atlantic Council, memberitahu Digital, "Jika anda berfikir Assad menghantar atau mempunyai apa-apa yang elit dan berfungsi untuk pasukan pejuang, ingat bahawa hampir setiap serangan yang berjaya untuk pihak pro-Assad telah dilaksanakan oleh Iran dan proksi Iran dan atau Rusia sejak 2013 dan 2015, masing-masing."Smyth berkata bahawa "HTS ialah kumpulan yang merupakan hasil daripada Al-Qaeda dan mempunyai hubungan dengan Turki. Matlamat akhir mereka adalah untuk mewujudkan masyarakat seperti Taliban dengan beberapa perubahan."Katanya, "Saya ragu-ragu AS akan berada dalam kedudukan untuk mengatakan kami bersetuju dengan ini. Mereka menyerang kami pada 9/11," merujuk kepada asal-usul Al-Qaeda HTS. Smyth, bagaimanapun, menyatakan bahawa Assad adalah sisi lain daripada duit syiling yang berbahaya untuk kepentingan AS. Beliau berkata mengenai Assad dan HTS, "Saya tidak fikir kedua-duanya adalah kes yang baik. Assad telah sangat anti-Amerika. Dia telah membenarkan Hezbollah Lubnan untuk berkembang dan menggunakan kumpulan-kumpulan Jihad Sunni" Smith menambah bahawa "Assad membenarkan Al-Qaeda pergi ke Iraq untuk membunuh orang Amerika."Kumpulan sekutu AS, gabungan pasukan Kurdish yang dipanggil Pasukan Demokratik Syria (SDF), juga berada di Aleppo. SDF memainkan peranan penting dalam menewaskan Islamic State di Syria.Wladimir van Wilgenburg, seorang pakar kajian Kurdish, membincangkan SDF dan pasukan Kurdish YPG (Unit Pertahanan Rakyat) dengan Digital. Katanya "Bandar Aleppo mempunyai dua kawasan yang dikuasai Kurdish di bawah kawalan SDF/YPG yang diketuai Kurdish dan sejumlah besar pelarian dari Afrin (yang berada di bawah kawalan Turki) yang tinggal di Til Rifaat di utara Aleppo. Tidak mungkin HTS akan menerima YPG mengawal lapangan terbang. Rusia, buat pertama kalinya, juga telah menjalankan serangan udara di Aleppo, membunuh beberapa orang awam dan pejuang pemberontak."Van Wilgenburg, pengarang bersama buku 2021 dengan Dr. Michael Knights mengenai perkongsian SDF-AS menentang Islamic State, menyambung bahawa "Pengaruh HTS yang semakin meningkat juga menimbulkan ancaman kepada kehadiran YPG di utara Aleppo. Khususnya, YPG/SDF menarik diri dari Nubl dan Zahra tanpa melawan, setelah berpindah masuk selepas rejim dan milisia yang disokong Iran sebelum ini mengambil alih kawalan bandar-bandar tersebut."Jeneral Hossein Daghighi, Penasihat kepada Panglima IRGC, berkata pada hari Sabtu, menurut Iran International, "Musuh tidak berupaya untuk mengambil sebarang tindakan berkesan, kerana rangkaian rintangan telah disusun secara sistematik. Percubaan mereka untuk campur tangan di Syria akan menyebabkan tangan mereka diputuskan secara tegas, meninggalkan tanda dalam sejarah yang tidak akan dilupakan."Pihak tentera rejim Syria mengumumkan "operasi penyusunan semula" mereka di Aleppo. "Bilangan pengganas yang ramai dan pelbagai medan pertempuran telah mendorong angkatan tentera kita untuk menjalankan operasi penyusunan semula yang bertujuan untuk mengukuhkan garisan pertahanan untuk menyerap serangan, memelihara nyawa orang awam dan askar, dan menyediakan diri untuk serangan balas," kata pihak tentera Syria.Menurut pihak tentera Syria, "Berpuluh-puluh lelaki dari angkatan tentera kita terbunuh dan yang lain cedera" kerana "organisasi pengganas berjaya memasuki sebahagian besar kejiranan bandar Aleppo."Rejim Assad telah membunuh lebih 500,000 orang di Syria sejak 2011. PBB telah berhenti menjejaki jumlah kematian di sana.Artikel ini disediakan oleh pembekal kandungan pihak ketiga. SeaPRwire (https://www.seaprwire.com/) tidak memberi sebarang waranti atau perwakilan berkaitan dengannya. 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