China Brilliant Global Limited (“CBG”, and together with its subsidiaries, the “Group”; HKEx Stock Code: 8026.HK) has been informed that its controlling shareholder Mr. Zhang Chunhua (“Mr. Zhang”) has purchased 8,518,000 shares of the Group through Brilliant Chapter Limited from December 2 to December 12, at an average price of HKD0.721 per share, making his total shares of the Group to reach 832,601,294 shares, account for 57.38% of the Group’s total shares.
The Group has always been devoted to diversifying its business among jewelry trading and retailing, lending business as well as pharmaceutical and healthcare products business. Recently, the Group is planning to form a joint venture with a third party, to engage in banking business and provide multi-dimension banking services in Kazakhstan. The business is expected to commence in mid-2020. This plan is an extension of Group’s well-established lending business, so as to magnify the Group’s service offerings to its clients and remarkably elevate its market positioning.
The share purchase made by the Group’s controlling shareholder Mr. Zhang has fully demonstrated his trust and support for the Group’s strategy of diversifying its business development, and he believes that the strategic business restructure of the Group can broaden the diversity of its income base and benefit its long-term development, which will ultimately bring maximum benefits to the Group’s shareholders.
About China Brilliant Global Limited China Brilliant Global Limited (“CBG”) was incorporated in the Cayman Islands in 1999 and listed on the Growth Enterprise Market of the Hong Kong Stock Exchange in March 2000. Since 2018, CBG is devoted to pursuing its business restructure and diversifying its revenue base to jewelry trading and retailing, lending business as well as pharmaceutical and healthcare products business.
EuroEyes International Eye Clinic Limited (“EuroEyes” or the “Company”, stock code: 1846) held the ground-breaking ceremony of its new clinic in Chongqing today, marked as its 7th clinic in China. The Company enters Southwestern China officially, and will bring high-quality vision correction services to the mountain city. As told, EuroEyes Chongqing clinic is estimated to invests 30 to 40 million yuan. EuroEyes and its Chongqing partner will invest 60% and 30% respectively through joint ventures (10% by other institutional investors). Chongqing clinic is scheduled to open in the third quarter next year.
EuroEyes was established in 1993 and is one of Europe’s leading brands in the vision correction industry, headquartered in Hamburg, Germany. EuroEyes is operated by famous German doctor Dr. Jorn Slot Jorgensen, and was awarded with many Ophthalmology prize. EuroEyes has a far-reaching geographical coverage of 27 eye clinics and consultation centers in Germany, Denmark and the PRC. According to the report of BOCI, EuroEyes was awarded with World Champion – Most Trifocal Lens Implants, European Champion – Most ICL Implants and German Champion – Most ReLEx SMILE Procedures in 2018. EuroEyes is a market leader in advanced lens exchange surgery and refractive surgery (excluding PRK / LASEK) in Germany and Denmark. In 2018, EuroEyes’ market share in Germany and Denmark was 13.2% and 10.8% respectively.
According to statistics, there are approximately 1.4 billion people with myopia around the world, of which nearly half are in China. By 2020, China’s myopia population will reach approximately 700 million. At the same time, uncorrected presbyopia is common among middle-aged and elderly people, and the number of uncorrected presbyopia is around 371 million in the population aged over 40. In addition, the incidence of cataracts is about 80% in China’s population aged 60-89, and more than 90% aged over 90. With the increasing incidence of myopia and the aging trend in China, the gap in the demand for eye health-care and vision correction is widening.
In Europe, the market and technology in vison correction surgery is more mature, however, in China, the market is in the ascendant, and the penetration rate is comparatively low. According to Frost & Sullivan, the population ages 18-45 with myopia in Germany in 2018, 1,424 people per million received ReLEx SMILE surgery treatment, compared with only 669 people per million in China, or 1.1 times higher of receiving the medical treatment than in China; Elsewhere, the number of ICL operations in Germany is 4.3 times higher in comparison to China; the age 45 or above with presbyopia who accepted an ICL surgery in Germany is also 4.3 times higher than the number in China.
Since entering China in 2013, EuroEyes aims at providing world standard German technology and 100% German services to patients in China with myopia, hyperopia, presbyopia and cataracts, allowing them to enjoy a clear vision. According to Financial Report of EuroEyes, the revenue of China region in 2018 is approximately 94 million yuan, accounts for 28.2% of the overall revenue worldwide. From 2016 to 2018, the CAGR of revenue and gross profit in China region is 85.1% and 633.7% respectively
Benefiting from China’s huge customer market, as well as the Company’s established brand foundation and good reputation in the first tier cities, such as Beijing, Shanghai, Guangzhou and Shenzhen, it is perfect time for EuroEyes to further develop into the fast-growing super second tier and second tier cities in China. EuroEyes plans to strategically expand the layout in the second tier cities of China and accelerate its growth at the pace of opening 1-2 clinics every year.
Dr. Jorn Slot Jorgensen, the Founder, Chairman of the board and CEO of EuroEyes said that Chongqing is a major Southwestern city with the largest population in China. EuroEyes is privileged to work with local partners in Chongqing to establish its first flagship clinic in the Southwest China.
Ms. Chen Lixuan, the Chinese partner of EuroEyes Chongqing Clinic, said that her cooperation with EuroEyes was due to her mother’s receiving a trifocal lens exchange surgery at EuroEyes Shanghai Clinic in 2017, experiencing the professional service and amazing postoperative results as a genuine patient. And leveraging the rich capital and network resources accumulated from her business in service and real estate industry, Ms. Chen introduced this high-quality German brand to her hometown, benefiting more people in Chongqing.
EuroEyes Chongqing Clinic will be the first flagship clinic after the successful IPO in Hong Kong. It represents EuroEyes’ strategic determination to take root in China and it also shows EuroEyes’ confidence in its further development in the market of Southwestern China. Along with the construction of Chongqing Clinic, EuroEyes will provide high-qualified glassless surgery for the patients around “Two Rivers and Four Banks” in Chongqing with the unique advantage of “German doctor and German quality”, and strive to improve the eye health-care level and life quality of residents in Southwest.
A few important policies have been released to support the ongoing development of the manufacturing industry. These, along with the deployment of policies in recent months by the People’s Bank of China, China Banking Regulatory Commission and other departments, help to guide the financial industry in increasing support for manufacturers. All signs show that these policies have somewhat favoured the overall profitability of the manufacturing industry. Among which, CIMC Vehicles (1839.HK), which has received much attention since its Initial Public Offering (“IPO”), has rallied much faster than many of its counterparts and continues to outperform the market.
Stronger Industry’s growth momentum, especially cold chain logistics
Looking at the segmented fields of the semi-trailer industry, we draw attention to the growth prospects of the cold chain logistics industry. Since 2014, China’s cold chain industry has experienced a period of rapid development. According to the China Cold Chain Logistics Development Report (2019), the growth rate of China’s cold chain logistics increased from 19% in 2014 to 20.3% in 2018. The annual growth rate of circulation services and related equipment introduced by cold chain logistics has exceeded 30%. With the improvement of China’s economy, the continued trend toward urbanization and the implementation of a series of promotional policies for consumption upgrades and domestic consumption expansion, it is expected that the total volume of China’s cold chain logistics will continue to increase.
The report also pointed out that the total amount of cold chain logistics in 2018 accounted for only 1.7% of total social logistics, which is still far off the numbers being registered in developed countries, suggesting that the industry is still in its early stages of development. With the development of cold chain logistics towards warehouse integration and logistics automation, the research and development (“R&D”) as well as production of cold cars and core components for cold car demand has ushered in huge new business opportunities.
CICC’s report released on 12 December 2019 stated that China currently has about 53,000 refrigerated trailers, and that it expects China’s long-term refrigerated trailers penetration to reach 1 million units and market volume to hit RMB 40 billion (excluding tractors). The report pointed out that, as the industry leader, CIMC Vehicles had a market share of 9% in China in 2018 and that its products have certain advantages in terms of light weight, thermal insulation capacity, durability, and order response speed. It found that with the enhancement of product standards, CIMC Vehicles is expected to ramp up its market scale on the basis of size and product strength. CICC believes that as the sales structure of domestic refrigerated trucks shifts towards refrigerated trailers, the average selling price (“ASP”) of CIMC Vehicle’s refrigerated trailer products will generally rise, echoed by increased downstream demand driving growth in related businesses.
According to Frost & Sullivan, the overall sales of North American refrigerated trailers in 2017 reached 44,200 units and is expected to increase to 54,600 units by 2022. The planned capacity of a new CIMC Vehicles assembly plant in the US is expected to help the company double its market share of refrigerated trailers in the North American market. As for the European market, it is expected that the overall sales of refrigerated trailers will increase from 31,500 in 2017 to 40,100 in 2022. Before listing, CIMC Vehicles did not produce or sell refrigerated trailers in Europe. This implies, upon the formulation and implementation of the capacity expansion plan, as well as the enhancement in the production and delivery capacity of refrigerated trailers, CIMC Vehicles will experience rapid growth in its refrigerated trailers in the European market. This is based on its “Global Operations with Local Wisdom” strategy, “smart” production and extensive experience accumulated from Industry 4.0. To summarize, CIMC Vehicles is expected to quickly exploit new opportunities in China and emerging markets, as well as other mature markets in North America and Europe.
CIMC Vehicles has been expanding its refrigerated-trailers business in North America since 2008. In 2018, CIMC Vehicles had a market share of 7% in the refrigerated-trailer market in North America. As of the first half of 2019, sales of refrigerated trailers in North America increased by 67% over the same period last year, while the market share of refrigerated semi-trailers in North America continued to rise. With the prosperous development of the domestic cold chain industry, CIMC Vehicles is positioned to quickly capture significant market share. Currently, the CIMC Vehicles cold chain sector owns Shandong CIMC (covering various types of refrigerated-trailers) and Qingdao CIMC (covering refrigerated-trailers) production bases, of which standardization and customization are the two major development directions.
In addition, CIMC Vehicles is expected to continue benefitting from changes in the market structure driven by economic transformation, industrial upgrades, and the gradual increase of industry concentration, to become the biggest beneficiary under current market conditions.
Gaining attention from capital markets
CICC’s two recent industry reports also focused on CIMC Vehicles. Together with earlier reports by Haitong and CMB, various signs have indicated CIMC Vehicles is gradually gaining the attention of investors, with its stock price outperforming the HSI. The stock price of CIMC Vehicles began its ascension in September 27, and has so far rallied by over 38% from its low. Compared with the HSI, which hit its low in early October and has so far rebounded by only 7.17%, CIMC Vehicles has clearly made a positive impact among investors.
The market has also shown signs of continuous acceptance of CIMC Vehicles’ fundamentals and policy expectations. The implementation of the new national second-generation semi-trailer standards and the Chinese government’s moves to further enforce overload regulations will provide further momentum for the development of CIMC Vehicles. The company proposes a “Trailer Pioneer” product that complies with the second-generation national standard in order to help consolidate its market share in China and further enhance the company’s bargaining and pricing power as a domestic industry leader.
As the market continues to pay attention to Sino-U.S. Trade negotiations, the actual impact of these talks on CIMC Vehicles is under company’s control. CIMC Vehicles sells three models in North America, of which the van trailers are produced and assembled locally in the United States, and some parts of the refrigerated trailers are purchased in North America, meaning that trade friction has limited impact on these two models. Chassis trailer, which are produced in China but assembled in the United States, have limited exposure in the short term. However, the company’s post-IPO expansion plan includes increasing the capacity of refrigerated trailers in North America. The company’s recent announcement states that, in addition to retaining the new refrigerated trailer project in Monon, it is also setting up a refrigerated trailer assembly plant in Canada. The company will flexibly adjust the supply chain of chassis trailer in accordance with the latest trade situation in order to better deal with the impact of tariffs. Market expects that CIMC Vehicles is making its best efforts to reduce the negative impacts of tariff adjustments. As these uncertainties are gradually lifted, the market will naturally return the investment value of our shares.
Unique investment concept
CIMC Vehicles is one of the few representatives of smart and high-end manufacturing in the Hong Kong stock market. It is also a global leader in segmented fields, occupying a leading position within the industry. As an advanced manufacturing company with a unique investment concept, CIMC Vehicles currently has “low valuations and high dividend returns” for investors.
Prior to listing, the company implemented a high dividend payout policy, with dividend payout ratios ranging from 20 to 30% over the past three years. Dividend payout ratio was adjusted to 40 to 60% after listing. CIMC Vehicles disclosed in its financial report for 1H2019 its operating cash flow was RMB 855 million, which provided capital reserves and a satisfactory buffer to continue implementing its historical high dividend payout policy, and to achieve high dividend returns.
Compared with other high-end manufacturing shares in other Hong Kong stocks, such as Weichai Power (PE ratio 10.45x) and Sinotruk (PE ratio 8.12x) etc., CIMC Vehicles was rather undervalued with PE ratio around 6.94x. As the market becomes more familiar with CIMC Vehicles, the company’s valuation is expected to rise sharply.
Low profile listing for a bright start
As a leading state-owned company in a segmented industry, CIMC Vehicles landed quietly in the Hong Kong capital market and is gradually becoming recognized by the market. CIMC Vehicles is indeed at the forefront of industry development, it is certain to benefit from the opportunities brought by the increase in industry concentration, comprehensive industrial upgrades, and product enhancements. Under the influence of favourable policies, investment highlights of low valuations and high dividends are gradually being recognized by investors. CIMC Vehicles, having unique investment value and being a relatively stealthy target in the Hong Kong stock market, is expected to continue to attract investors’ attention.
THAILAND, Dec 16, 2019 – (ACN Newswire) – The Roads &
Traffic Expo Thailand, Thailand’s largest event dedicated to road
transportation and infrastructure, will take place in BITEC, Bangkok on 12-13
February 2020.
One of the key highlights of the event is access to more
than 120 sessions across seven (7) free conference tracks, covering topics such
as Smart Cities & Smart Mobility, Infrastructure Development, Urban
Transportation, Traffic Management, Electric Vehicles, Road Safety &
Monitoring and Parking.
Attendees will also have the opportunity to learn from more
than 120 expert speakers, including senior representatives from the Ministry of
Transport, Digital Economy Promotion Agency, Expressway Authority of Thailand,
Electricity Generating Authority of Thailand, Mass Rapid Transit Authority of
Thailand, Royal Thai Police, Department of Rural Roads, Department of Highways,
and many more, about the latest developments in Thailand’s road transportation
and infrastructure industry and landscape.
Roads & Traffic Expo Thailand provides a platform to meet and network with over 2,000 road transportation & infrastructure authorities, operators, owners, investors, decision-makers and EPCs from across Thailand and beyond.The free-to-attend conference and exhibition will provide first-hand experience on the latest solutions and services from companies including AIS Business, Kapsch, Aimsun (Siemens), FLIR, Citilabs (Bentley), AP Sensing, Metrocount, Hog Technologies, Hofmann Markings, MTE, Reflomax, Tolltech, ETI, Ching Yuang, Cad Solar, Wistron, Yaham, TopSafe, Lianyi, Jenkonglai, MNTech, and many more.
To get your free conference and exhibition pass visit
https://bit.ly/2YT2B33.
– Introducing: RAMP-UP: RICOH Apparel Manufacturer’s Partnership by Universal Platform – ShanghaiTex 2019, November 25-28, Shanghai New International Expo Center (SNIEC)
Koji Miyao, Chairman and General Manager of Ricoh China, said Ricoh aims to expand its China business into a core market, as in Europe and the Americas.Tetsuya Morita, GM of Industrial Printing, announced that Digital Micro Factory, an important concept to the Group, and RAMP-UP the apparel consortium had officially launched.Morita, Miyao and others of the Ricoh Group cut a unified presence through out the launch ceremony and conference.
RICOH unveiled its Digital Micro Factory (DMF) concept workflow at the 19h International Textile Industry Exhibition (ShanghaiTex 2019), held November 25-28 in Shanghai Expo Center. RAMP-UP: RICOH Apparel Manufacturer’s Partnership by Universal Platform was officially launched at the M2 Conference Hall on Nov 26 with a ceremony and press conference marking the new alliance and its fashion manufacturers. Tetsuya Morita, Corporate Vice President of Ricoh Co Ltd and General Manager of Industrial Printing, Koji Miyao, Chairman and General Manager of Ricoh China Co Ltd, and others of the Ricoh Group maintained a unified presence throughout the exhibition and conference.
In the opening speech of the ceremony, Koji Miyao said Ricoh aims to expand its China business into a core market, as Europe and the Americas, following impetus from this year’s China International Import Expo and 83 years of comprehensive market deployment. The Ricoh Group would continue to develop technologies and experience in Commercial Printing, but incorporating sustainable development and opening greater possibilities in Industrial Printing, with comprehensive and new, innovative technologies.
Tetsuya Morita, GM of Industrial Printing, announced that digital micro factory DMF, a very important concept to the Group, and RAMP-UP the apparel consortium had officially launched, answering to social issues in the future such as environmentalism and safety within the apparel ecosystem. Ricoh would strive to create an open global business environment, so as to push forward social problems such as water pollution, electricity consumption and excess inventory, maintaining a comfortable and safe living environment, a common issue for all human beings.
Morita discussed the proof of concept and the positive steps to be taken in testing from the first and second quarter 2020, with details on the company’s website. His next remarks were given to the Ricoh Group’s unremitting contribution to achieving sustainable development goals (SDGs) advocated by the United Nations, and to the role the DMF digital micro factory so vigorously launched will play in solving various social problems and providing new customer value to more and more people in garment and related markets.
Attendees at the ceremony already having joined the consortium were Dong YunLi, Deputy General Manager, Nantong Shenghe Industrial Co Ltd; Li Qun, Chairman, and Long Weiping, General Manager of Hangzhou 1949 Commune Cultural and Creative Co Ltd; and Kimio Uehara, Deputy General Manager, Brother Machinery Shanghai Ltd. Three additional companies including Hangzhou Dianshi Clothing Co Ltd had also confirmed joining the consortium, while many companies were in the process of joining the consortium as well.
Morita then spent an hour with the press, furthering understanding of the DMF concept. He acknowledged the highly developed nature of the Chinese apparel industry, but suggested the DMF concept was for the world market, including China. Ricoh hopes to expand sales of DMF workflow cloud solutions and textile printers, with a goal of JPY10 billion in revenue by the year 2025. DMF will produce significant social benefits using the advantages of industrial inkjet technology, such as diversity, customization, differentiation, multi-type small lot production and leading the industry trend.
Stepping up efforts to deploy the DMF concept itself, Ricoh entered a collaboration with Sweden’s Coloreel (March 2019) to develop an on-demand thread dye and inkjet printer. Ricoh also acquired LAC Corporation (2018, renamed Ricoh Digital Painting Company, Ltd.) and ColorGate Digital Output Solutions GmbH, (2018) a leading software provider with strength in color management. The ColorGate acquisition marked an important first step in active capital cooperation, eliminating self-efficiency, and permitting Ricoh to RAMP-UP its partnership programs.
China is the world’s garment factory, Tetsuya Morita said in closing. That is to say, China is ahead of other markets in terms of productivity and cost. Of course, the ‘digital micro factory’ is not suitable for mass production with this design. However, Ricoh was proposing its concept of DMF in today’s most efficient market today, aiming to bring China’s environmental protection system to bare, thereby achieving real sustainable development. We at the Ricoh Group believe this is huge. China is not only the garment factory of the world, it is the largest consumer and buyer of clothing in the world.
At present, Ricoh brings an environmental protection system and business model that conforms to trends of domestic production and domestic consumption. Ricoh, as the largest manufacturer of industrial print heads, has been providing print head services to garment manufacturers for many, many years. Today, we’re here as the manufacturer of print heads, the manufacturer of ink, and the manufacturer of complete systems. Therefore, we can work together with our partners towards providing an environmental protection system.
RAMP-UP: RICOH Apparel Manufacturer’s Partnership by Universal Platform: – RICOH’s Digital Micro Factory, https://bit.ly/2P8171x, Nov 26, 2019 – RICOH’s Industrial Printing Business, https://bit.ly/36oZxOj, Apr 11, 2019
The Ricoh Group exhibited at a 96 sq.m booth in the Digital Printing Machinery Zone at ShanghaiTex 2019. The booth was sectioned by DMF Zone, Component Zone and DTG Zone, introducing the DMF concept, component print heads & inks, and DTG printers.
Formulation makes water soluble cannabidiol (CBD) oil up to 40 times better absorbed
Taste masking technology increases acceptance in oral pharma and food formulations
Project Leader is Dr Roscoe Moore Jr – retired United States Assistant Surgeon General – an advocate of evidenced based CBD
Technology could apply to most fat-soluble medications and foods, including curcumin and Vitamin D
Commercialisation by licensing begins in North America in 2020
Holista CollTech (ASX: HCT, Holista) today announced that it has filed its 100%-owned global patent for platform technology that will deliver many fat-soluble medications by creating a water-soluble delivery system. This patented process can apply to a whole range of molecules including the Cannabidiol (CBD) oil industry.
The commercial benefits for the CBD producers include making their CBD formulation up to 40 times more potent (allowing them to reduce their dosages significantly) as well as making their product palatable for the young and the elderly.
Fat-soluble molecules have poor bioavailability as they don’t dissolve well and reach the bloodstream. As such, a higher dosage needs to be ingested. This is both wasteful and costly. The platform technology will particularly benefit the Cannabidiol (CBD) oil industry where the active material is scarce, costly and poorly water-soluble.
In a statement released this week, by our Project Leader and head of Holista’s Technical Advisory Panel, Dr Roscoe Moore Jr stated “Working on developing this technology is exciting. Most medicine consumed orally is wasted due to its poor absorption by the body. This is especially true for CBD, which is also expensive. More important, the integrity of the final molecule is preserved exactly as it is found in nature and hence, there is no apparent need for any lengthy approvals process anywhere in the world. We only use materials certified as ‘Generally Regarded as Safe’ (GRAS) by the FDA[1].”
Dr Moore is the retired Assistant Surgeon General of the United States. He currently sits on several Company boards linked to CBD in the United States and Canada.
CBD Oil has an earthy, musky and lingering bitter taste due to the high concentration of organic compounds that make it very unpalatable. This makes formulating CBD for oral consumption difficult. The taste masking technology linked to this patented formulation used GRAS botanicals to allow wider applications in pharmaceutical and food with oral dosing.
“Holista drew from parallel work done on the turmeric molecule which is also very fat soluble” said Dr Swanand Malode, leader the teams in Europe and Asia that worked on this technology for more than five years.
“We note that there is growing consensus in the medical community that CBD can be used to improve patient outcomes for conditions such as seizure, inflammation, pain, psychosis or mental disorders, inflammatory bowel disease, nausea, migraines, depression, anxiety” said Dr Rajen Manicka, CEO of Holista.
Holista is focused on fat-soluble substances such as CBD, curcumin and Vitamin D, targeting initially the food and nutraceutical markets in Australia and North America.
According to a new estimate from cannabis industry analysts the Brightfield Group[2], the hemp-CBD market alone could hit $22 billion by 2022. The prospects for Australia are also increasing. According to a 2016 University of Sydney report[3], “Medicinal Cannabis in Australia: Science, Regulation & Industry”, found that the Australian medicinal cannabis market, if it emulates cannabis regulations in Netherlands and Canada, may produce demand for as much as 8,000 kg of product. Australia approved medical cannabis in 2016 and is working towards liberalising this space further.
CBD, a non-psychoactive cannabinoid found in cannabis, has had a surge in popularity. Unlike Tetrahydrocannabinol (THC) the chemical compound that gives cannabis its psychoactive effects, CBD has been shown to help patients with Post Traumatic Stress Disorder (PTSD), anxiety, Multiple Sclerosis and epilepsy – without having the harmful effects.
The patent was registered in the USA and filed for a global coverage, as US Filing No: 16/694,197 (the patent may be viewed on the Holista website). Holista has instructed its patenting firm to secure all global strategic markets world-wide.
With the patent filing completed, Holista has commenced negotiations with companies involved in CBD processing in North America and expect these negotiations to complete in 2020, leveraging the expertise and network of Dr Moore Jr.
The commercial model will seek to charge an industry-standard formulation fee for non-exclusive access and then a quarterly licensing fee and royalty based on wholesale pricing of the licensee product.
[1] FDA – Food and Drug Administration, USA [2] For more information on the Brightfield Group, refer to www.brightfieldgroup.com [3] Details of the study can be found at mgcpharma.com.au/wp-content/uploads/2016/03/mgc_whitepaper_final-sml.pdf
Australia 283 Rokeby Road Subiaco WA 6008 P: +61 8 6141 3500 ; F: +61 8 6141 3599
Malaysia 12th Floor, Amcorp Trade Centre, PJ Tower No. 18, Persiaran Barat off Jalan Timur 46000, Petaling Jaya, Malaysia P: +603 7965 2828 ; F: +603 7965 2777
Media and Investor Relations Enquiries WeR1 Consultants Pte Ltd 3 Phillip Street #12-01 Singapore 048693 E: holista@wer1.net; P: +65 67374844
About Holista CollTech Ltd (Holista)
Holista is a research-driven biotech company, the result of a merger between Holista Biotech Sdn Bhd and CollTech Australia Ltd. Headquartered in Perth and with extensive operations in Malaysia, the company is dedicated to delivering first-class natural ingredients and wellness products globally. Holista is a leader in the research of herbs and ingredients for the making of healthier food.
Listed on the Australian Securities Exchange (ASX), Holista researches, develops, manufactures and markets “health-style” products to address the unmet and evolving needs of natural medicine. Holista’s suite of ingredients, among other things, includes low-GI baked products, reduced-sodium salts, low-fat fried foods and low calories sugar without compromising taste, odour and mouthfeel. Holista remains the only company to produce sheep (ovine) collagen using patented extraction methods. For more information, please refer to http://www.holistaco.com
The 7th China Social Investment Forum (China SIF), a platform for discussing Socially Responsible Investment (SRI) in China, was held at the Grand Hyatt Beijing on Dec 3rd, with the theme of ‘Opening-Up and ESG Investing’. Zengtao Wu, CMO of Southern Asset Management, spoke to the Forum on ‘Integrating ESG’ and his company’s experiences in developing ESG-based products.
According to the International Organization for Sustainable Development, ESG investment across the world’s five major regions reached US$ 30 trillion in 2018. However, in mature markets around the world, the return on ESG investment is only the same as MSCI index, while the return from emerging markets exceeds the MSCI market index by 60%.
ESG is an investment approach with a set of standards evaluating companies’ environmental, social and governance practices. As one of the leading local fund companies in asset management in China, Southern Asset Management has integrated ESG principles across its business operations and the entire investment process.
1. Implement ESG in corporate management and practice. With a steadfast commitment to social responsibilities, Southern Asset Management has been active in environmental protection and charity programs, while following green office practices such as electronic statements and paperless solutions in day-to-day operations.
2. Optimize ESG in corporate governance. Southern Asset Management instituted an employee stock ownership program in July 2019, with employees holding 8.53% of the company’s shares. A clear ownership structure will be conducive to the long-term development of the company.
3. Extend ESG principles for clients. Southern Asset Management engages in long-term, value-adding and responsible investment, searching for those valuable listed companies for sustained and steady returns for clients.
4. Develop active/passive ESG continuously. Southern Asset Management’s ESG investment philosophy integrates traditional financial analysis principles and provides customers with better investment returns while implementing ESG philosophy.
5. Share ESG practices. Southern Asset Management became a signatory to United Nations Principles for Responsible Investment (UNPRI) in June 2018, sharing experience, knowledge and resources through UNPRI with global institutional investors practicing ESG, and making ESG investment an instrument for sound natural environment and healthy development of economy and society.
Southern Asset Management is dedicated to developing ESG-based products, taking into account not only financial performance, but also the fulfillment of social responsibilities. As a UNPRI signatory and member of the council of China ESG Leaders Association, Southern Asset Management seeks to develop ways for the Chinese market to embrace ESG, and joins hands with others in the constant pursuit of a better future.
HANGZHOU, CHINA, Dec 11, 2019 – (ACN Newswire) – Bityuan is
a simple blockchain network, but the first public chain in the world to realize
parallel chain (parachain) technology. Parachain stands for ‘parallel public
chain’, an independent public chain that shares the Bityuan consensus network,
with a decentralized operating system that is fair, shared, free. Bityuan team
implemented parachain architecture 3.0 in 2018, having started 5 years earlier,
and aim in future to create a public chain alliance, with nearly 6,000 shared
consensus nodes around the world and still growing, with higher performance,
making blockchain a type of cloud service.
Li Bin, an original architect of Bityuan, worked on applied
chain projects of HNA Group, Midea Finance and JD Finance. In the Midea
project, Mr. Li identified key problems in inter-connectivity. He found that
there were obstacles among different chains, leading him to research that would
become parachain architecture. Li Bin and his team actively began this research
during the process of projects for Midea Finance, HNA Group and JD Finance.
According to Li, an early prototype of Parachain is called
flexible blockchain architecture, based on work by the Ethereum foundation. The
original idea is to separate the smart contract and virtual machine from the
main chain. Li Bin and team adapted a Chain33 framework and soon offered Midea
solutions with parachain. On May 17, 2018, Bityuan 3.0 launched on the mainnet,
with BTY mapping later that year. Bityuan’s parachain solution is implemented
in more than 50 projects.
Li Bin says, “Cosmos and Polkadot are the major
alternatives to Bityuan. Cosmos emphasizes inclusiveness and decentralization,
but doesn’t pay enough attention to security. Polkadot focuses on security, but
lacks flexibility. Bityuan focuses on balancing both security and
flexibility.” Li Bin and his team are further committed to the following infrastructure:
ShoppingToGo : the blockchain e-commerce platform.
SourceChain : the blockchain evidence preservation platform.
B-Wallet : wallet for mainstream currencies, as BTC, ETH and
BTY.
Due to their work for Midea Finance, Li Bin and his team
maintain credibility in the industry. But turnover in company technical
personnel was high at the beginning. “We are growing with these
experiences,” Li Bin said. “The reasons that Bityuan keeps moving
forward are not only the patents and technology that we have, but the trust and
support of the team and the community.”
KABN (Gibraltar) PLC (“KABN” or the “Company”) is pleased to announce that it has created its KABN Equity Token using the Polymath Token Studio and will make its Equity Token available for sale through a public Equity Crowdfunding sale via UK based Tokenise, which is fully compliant with the UK FCA regulatory framework. The Company’s Token Offering information site can be found at www.kabntoken.com.
Unlike a network or utility token, each KABN Equity Token
will represent a KABN (Gibraltar) PLC Preference Share as equity or ownership
in the Company.
After spending well over 2 years to develop, test and launch
its active business platform, KABN believes that ownership of identity is a
basic human right and that individuals should be the primary beneficiary of any
use of that identity data. To that end, KABN has developed a continuous, Always
On, verified identity solution for commercial clients and consumers that allows
individuals to manage both their private and public data, restricting the
sharing and use of that data while benefiting the user. KABN also has a
platform that will help users maximize value of their data through qualified
offers from 3rd parties, including KABN’s Financial Services program KABN KASH
and its Pegasus Flyte digital currency linked VISA card program.
The KABN Equity Token is a new generation of Security Token
Offerings created with the Polymath Token Studio, allowing qualified private
and public investors to purchase KABN Preference Shares, or Equity in the
Company, represented by tokens on the Ethereum Blockchain. The KABN token can
be viewed by visiting:
https://bit.ly/2YyDu5q
KABN has designed its Equity Token Offering to be a true
investment in the Company, allowing Preference Share and Token Holders to
participate in the potential growth and long-term value appreciation of the
Company. KABN Preference Share / Equity Token Holders will receive first
priority of dividend distribution and in the event that KABN has a liquidity
event, all KABN Equity Token holders will be included in the event, allowing
KABN Equity Tokens holders to truly benefit in the Enterprise, or overall value
of the Company.
Equity Token Offering
Under the terms of its agreement with Tokenise, KABN will be
raising a maximum of 8 Million Euros through the sale of up to 39 Million KABN
Preference Shares through the Company’s Equity Crowdfunding Offering. Each KABN
Equity Token will represent one (1) KABN Preference Share and the KABN Equity
Token will be entitled to all the benefits of KABN Preference Share ownership.
The Offering is expected to begin in early December 2019 and close no later
than February 28, 2020. For further information, please refer to the Document
Download section of KABN’s Token site.
Additional Private Sale rounds will be available to
qualified investor groups and registered capital firms at the sole discretion
of the Company.
KABN Token.com
KABN has launched its Token site to provide potential
investors with a comprehensive overview of KABN, its Equity Token Offering and
all its supporting documentation. For further information, please visit
www.kabntoken.com
All potential investors will be required to comply with
qualification testing, KYC / AML review and to complete a subscription
agreement as the KABN Preference Share Offering and KABN Equity Token is being
offered through Tokenise in compliance with UK Equity Crowdfunding regulations
and the FCA regulatory framework.
Participation in the KABN Equity Token Offering
For those interested in participating in the KABN Equity
Token Offering, please join the KABN Whitelist at
https://www.kabntoken.com/whitelist-fp/ KABN will potentially be offering early
participants additional value offerings.
Listing on Exchanges and Digital Trading Platform
KABN is in discussions with a number of leading global
Exchanges and Digital Trading Platforms to list the KABN Equity Token for
trading on these Exchanges as a Security Token. The response to date has been
very favourable and KABN expects to release additional information on its
progress in the near future.
KABN Technology
KABN has developed a proprietary, patent pending platform
for its identity verification, validation and data management platform that
uses biometrics and the Blockchain to manage identity in compliance with
Europe’s GDPR protocols and other leading jurisdictional privacy policies. KABN
never puts Personally Identifiable Information (PII) on the Blockchain and
limits the sharing of any confidential data with 3rd parties.
KABN Strategic Growth Program
KABN has also embarked on a path to analyze and where
effective, enter value-based relationships in various geographic regions
globally. One such proposed opportunity has been announced for KABN Systems
North America Inc., whereby KABN will be a holder of shares in this
strategically positioned company in Canada, which, subject to regulatory
approval will be publicly trading in Canada, and that will represent the KABN product
suite in Canada and the United States. KABN believes that these types of
opportunities can enhance the value of the Company while potentially minimizing
the capital requirements necessary to open up its jurisdictional applications.
KABN as a Company will hold a minority position in the North American
enterprise and will be entitled to licensing fees for its proprietary
technology usage.
About KABN – www.kabn.com
KABN’s mission is to create a world-class suite of products
and services that support the decentralized market economy, globally enabling
consumers to manage their digital identity and other data to create value-based
relationships in the financial and loyalty services arena.
KABN believes that ownership of identity is a basic human
right and individuals should be the primary beneficiary of any use of their
identity.
At the heart of the KABN suite is KABN ID a global platform
that verifies, manages and monetizes online identity. KABN ID offers consumers,
‘One and Done’, ‘Always On’ and verified, blockchain and biometrically based,
validation and verification for identity. This patent-pending, GDPR compliant
process facilitates efficient and frictionless customer acquisition and
onboarding across single or multiple platforms.
As part of its integrated financial service platform
offering, KABN has received approval to launch its digital currency linked card
and banking wallet program in Europe and has announced its intention to also
launch this program in North America. Both programs will launch via KABN’s
Pegasus Flyte branded card program together with KABN KASH, an innovative
loyalty and engagement program for its customers.
KABN is continuing to engage with partners globally to
expand the Pegasus Flyte and KABN KASH program, as well as other new and
exciting programs for our clients and consumers.
For further information, please contact:
info@kabn.network
We seek Safe Harbor
Nothing in this Release shall be deemed to constitute a
prospectus of any sort or a solicitation for investment, nor does it in any way
pertain to an offering or a solicitation of an offer to buy any securities in
any jurisdiction. This Release is not composed in accordance with, and is not
subject to, laws or regulations of any jurisdiction which prohibits or in any
manner restricts transactions in respect of, or with use of, digital tokens.
The information set forth in this Release may not be
exhaustive and does not imply any elements of a contractual relationship. The
content of this Release is not binding on the Company and the Company reserves
the right to change, modify, add, or remove portions of this Release for any
reason at any time before, during and after the sale of tokens by updating an amended
Release. This Release does not constitute an investment, legal, tax,
regulatory, financial, accounting or other advice, and this Release is not
intended to provide the sole basis for any evaluation of a transaction on
acquiring of the tokens and is expressly not incorporated by reference into any
securities offering or similar Releases. Prior to acquiring the tokens, a
prospective purchaser should consult with his/her own legal, investment, tax,
accounting, and other advisors to determine the potential benefits, burdens,
and other consequences of such transaction. The Company is under no obligation
to update the Release or modify the Release for any inconsistencies or for
material changes to the information.
The token itself is not intended, unless otherwise
designated by a regulatory authority, to be a digital currency, security,
commodity, or any other kind of financial instrument and has not been
registered under the Securities Act of 1933, as amended, the securities laws of
any State of the United States of America or the securities laws of any other
country, including the securities laws of any jurisdiction in which a potential
token holder is a resident. The tokens are not being offered or distributed to,
as well as cannot be resold or otherwise alienated by their holders to,
citizens of, natural and legal persons, having their habitual residence,
location or their seat of incorporation in the country or territory where
transactions with tokens are prohibited or in any manner restricted by applicable
laws or regulations. If such restricted person purchases the tokens, such
restricted person has done so on an unlawful, unauthorized and fraudulent basis
and in this regard, shall bear negative consequences.
The Company neither offers or distributes the tokens nor
carries on a business (activity) in any regulated activity in the United
States, or in other countries and territories where transactions in respect of,
or with use of, tokens fall under the restrictive regulations or require from
the Company to be registered or licensed with any applicable governmental
authorities. Each purchaser of the tokens is reminded that this Release has
been presented to him/her on the basis that he/she is a person into whose
attention the Release may be lawfully presented in accordance with the laws of
the purchaser’s jurisdiction. It is the responsibility of each potential
purchaser of the tokens to determine if the purchaser can legally purchase the
tokens in the purchaser’s jurisdiction and whether the purchaser can then
resell the tokens to another purchaser in any given jurisdiction.
Certain statements, estimates and financial information
contained in this Release constitute forward-looking statements or information.
Such forward-looking statements or information involve known and unknown risks
and uncertainties which may cause actual events or results to differ materially
from the estimates or the results implied or expressed in such forward-looking
statements or information. The English language Release is the primary official
source of information about the project. The information contained in English
language Release may from time to time be translated into other languages. In
the course of such translation some of the information contained in the English
language Release may be lost, corrupted or misrepresented. The accuracy of such
alternative communications cannot be guaranteed. In the event of any conflicts
or inconsistencies between such translations and the official English language
Release, the provisions of the English language original Release shall prevail.
To view the source version of this press release, please
visit https://www.newsfilecorp.com/release/50582
Mr. Liu Dejian (first from front left), Founder and Chairman of NetDragon introduced Intelligent Classroom Solution developed by NetDragon, to His Excellency Abdel Fattah el-Sisi, President of Egypt (third from front left) Egyptian leaders met with NetDragon management team
NetDragon Websoft Holdings Limited (“NetDragon” or “the Company”, Hong Kong Stock Code: 777), a global leader in building internet communities, is pleased to announce that, the Company participated in the “Africa 2019” forum held in Cairo, Egypt on November 22-23, 2019. The theme of the forum was “Investment for Africa”.
NetDragon showcased its digital education products including Intelligent Classroom Solution, Virtual Laboratory and Promethean ActivPanel at the forum. His Excellency Abdel Fattah el-Sisi, President of Egypt, visited and experienced Intelligent Classrooms and Promethean ActivPanel, products that are well suited for education in Africa.
During the event, Egyptian leaders including President Sisi, Prime Minister Dr. Mostafa Madbouly, and Minister of Education Dr. Tarek Shawki met with NetDragon’s management team which included Founder and Chairman Mr. Liu Dejian, Vice Chairman Dr. Simon Leung, CEO Dr. Xiong Li, and Senior Vice President Mr. Chen Hong. Based on the experience of past cooperation, the two sides furthered their discussion about the future implementation of digital education in Egypt. Mr. Liu Dejian introduced NetDragon’s innovations in digital education to President Sisi, and expressed his gratitude to be part of Egypt’s education reform with achievements seen in 2019. NetDragon will uphold its vision in education, so that all teachers and students in Egypt can enjoy the knowledge dividends brought by cutting-edge educational technologies. In 2020, NetDragon will be providing the Intelligent Classroom Solution for Egypt, which can ease the problem of insufficient classroom capacity currently faced by many African countries.
As a country along the “Belt and Road”, Egypt has actively pursued partners on a global scale since the implementation of its five-year education reform program in 2018. Strengths of NetDragon’s such as global coverage, strong technical capabilities and innovative design proficiency provide a solid foundation for Egypt’s education reform. Although the infrastructure of African countries like Egypt is constantly improving, quality educational resources are yet to be ubiquitous, and education equality still faces challenges. The Intelligent Classroom Solution was designed and created precisely against this backdrop. Intelligent Classrooms are equipped with high-tech software and hardware such as Promethean ActivPanel, Mobile Device Management, and Edmodo Classroom. Featured with modular construction and design flexibility, Intelligent Classroom Solution enables easy transportation, quick deployment and high scalability, such that developing countries and regions can easily materialize and popularize quality education at low cost.
Earlier this year, the Egyptian Government and NetDragon signed a memorandum of understanding on cooperation. Egypt plans to complete the construction of 265,000 Intelligent Classrooms nationwide within three years and deploy NetDragon’s education technologies and equipment at the heart of the Intelligent Classrooms. In early 2020, the Company expects 100 Intelligent Classroom Solutions to be deployed in Egypt, and that it will cover more African countries in future. So far, 11,000 classrooms in Egypt are equipped with Promethean’s interactive panels, and 26,000 units will be deployed in the country next year.
In addition, NetDragon has launched in recent years “The Institute of Development and Education for Africa” (IDEA) under the “Belt and Road” initiative, and has received positive response from an increasing number of African countries. NetDragon is assisting Nigeria in building the “N-Power Project”. The Nigerian Government plans to purchase Intelligent Classroom Solution products from NetDragon, which are expected to cover 500,000 K-12 students in the country, and ultimately ease the problem of uneven distribution of educational resources in a fast, efficient and cost saving way, particular in remote areas. Meanwhile, NetDragon also assisted Kenya in developing digital education by building a public service platform for national education resources, a community network platform for national teaching, a training platform for national digital talent, and an experience center for national future education. In May of this year, NetDragon also signed a memorandum of understanding on digital education with the Government of Ghana, such that NetDragon will provide technical support for the development of future education in Ghana.
The “Belt and Road” initiative is unleashing enormous potential for China-Africa cooperation. Mr. Liu Dejian comments that NetDragon is willing to use “digital education” as the foundation to support Africa countries in achieving education innovation and upgrade. The Company will continue to seize market opportunities and deliver Chinese education technologies, products and services to more countries along the “Belt and Road”, in order to achieve its mission of “Building the World’s Largest Online Learning Community”.
About NetDragon Websoft Holdings Limited
NetDragon Websoft Holdings Limited (HKSE: 0777) is a global leader in building internet communities with a long track record of developing and scaling multiple internet and mobile platforms that impact hundreds of millions of users. These include China’s number one online gaming portal, 17173.com, and China’s most influential smartphone app store platform, 91 Wireless, which was sold to Baidu for US$1.9 billion in 2013 as the largest Internet M&A transaction in China.
Established in 1999, NetDragon is one of the most reputable and well-known online game developers in China with a history of successful game titles including Eudemons Online, Heroes Evolved and Conquer Online. In recent years, NetDragon has also started to scale its online education business on the back of management’s vision to create the largest global online learning community, and to bring the “classroom of the future” to every school around the world. For more information, please visit www.netdragon.com.
For investor enquiries, please contact:
NetDragon Websoft Holdings Limited
Ms. Maggie Zhou
Senior Director of Investor Relations
Tel.: +852 2850 7266 / +86 591 8390 2825
Email: maggie@nd.com.cn
Website: ir.netdragon.com
