Taiwan Excellence Debuts at ATxSG 2023 with Award-Winning Tech Solutions

SINGAPORE, May 24, 2023 – (ACN Newswire) – Taiwan Excellence, an award-winning entity established by the Bureau of Foreign Trade and the Taiwan External Trade Development Council (TAITRA), makes its debut at this year's Asia Tech x Singapore (ATxSG) Conference 2023. It will be showcasing over 30 innovative products ranging from smart home solutions and artificial intelligence (AI) tools to Industrial Internet of Things (IIoT) and Smart City applications from 15 leading Taiwanese technology companies.

All products and technologies at the Taiwan Excellence Pavilion have been distinguished with the Taiwan Excellence Award, the highest accolade bestowed upon Taiwan-originated products based on their excellence in design, quality, marketing, Taiwanese R&D, and manufacturing. Through this showcase, Taiwan Excellence hopes to bridge up the bilateral ICT communities and foster more collaborations and partnerships with Singapore and other countries in the region.

Said Wu Yi-Ling, Director of Taiwan Trade Centre, Singapore, "We are delighted to be here at Asia Tech x Singapore. As Asia's flagship technology event, it is the ideal platform for us to show visitors from across the globe Taiwan's technological advancements and prowess, and the tremendous value that we can bring to any potential collaborations. We also look forward to fostering knowledge exchange and deeper partnerships with customers, fellow innovators, and members of the larger Information and communication technologies industry."

Taiwan is currently the sixth largest economy in Asia and currently ranks seventh in global competitiveness and 13th globally in innovation. It has been an indispensable player in the world's high technology sector, dominating the global semiconductor market for the past three decades. The country produces over 60% of the world's integrated circuits and electronic components and accounts for a considerable share of the global computer hardware, and mobile phones. Taiwan is forging its path from being a manufacturing efficiency-focused to an intellectual property- and innovation-driven economy.

The Taiwan Excellence Pavilion is located at Singapore Expo, Hall 3, Booth 3L2-03, and can be visited during the Asia Tech x Singapore Conference 2023 from 7th to 9th June.

Key brands and innovations on show at the Pavilion include:

E-Ink
E Ink Prism is a unique and dynamic material for design which incorporates both black and white, and color changing electronic ink technology. Manufacturers and designers now have the ability to integrate innovative films with surfaces and design to dynamically change colors, patterns, and habitats. Programmable patterns and shapes can be integrated to create designs or functions.

MSI
MSI FUNTORO develops a smart and complete solution with a cloud management platform for electric buses. By integration of CANBUS and various sensors, the vehicle and driving data are collected and transmitted to backend platform to allow real-time fleet management and remote monitoring on system devices, driver behaviors, on-duty time, and battery efficiency to enhance fleet safety and operation efficiency.

Nilvana
Nilvana's Vision Studio is positioned as an intuitive zero-code AI model development tool to assist industries entering the AI field without any technical barriers and thresholds. Nilvana provides multi-person real-time collaborative labeling, and auto-labeling to accelerate AI development and assist customers and partners in boosting their corporate output value and facilitating the integration of AI applications and IoT edge devices.

WebComm
WebComm's OETH Cloud Identity Solution allows enterprises to easily implement passwordless verification, improving the single sign-on (SSO) experience. Featuring information security based on International FIDO standards, it enables on-demand payments which reduce the cost of maintenance and building, and allows for easy enablement and fast implementation for enterprises, passwordless SSO with access to VPN, VDI, and various enterprise systems.

About Taiwan Excellence Awards

The Taiwan Excellence Awards were established by the Ministry of Economic Affairs in 1993. Every year, eligible candidates are subjected to a rigorous and stringent selection system that covers four major aspects of "R&D", "Design", "Quality" and "Marketing" to identify outstanding products that offer "Innovative Value" while satisfying the key criterion of being "made in Taiwan". Products that have been selected for the Taiwan Excellence Awards would serve as examples of the domestic industries and be promoted by the government in the international market to shape the creative image of Taiwanese businesses.

The organizers of Taiwan Excellence

– The Bureau of Foreign Trade (BOFT), which was established by the Ministry of Economic Affairs (MOEA) on January 1, 1969, is responsible for formulating Taiwan's international trade policies, promoting trade, and managing trade-related activities.

– Taiwan External Trade Development Council (TAITRA)
Founded in 1970, TAITRA is Taiwan's foremost nonprofit trade promoting organization. Sponsored by the government and industry organizations, TAITRA assists enterprises to expand their global reach. Together with Taipei World Trade Center (TWTC) and Taiwan Trade Center (TTC), TAITRA has formed a global network dedicated to promoting world trade.

For Media Enquiries
PRecious Communications for TAITRA
Tel: +65 6303 0567
Email: taitra2023@preciouscomms.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Machine intelligence for designing molecules and reaction pathways

TSUKUBA, Japan, May 24, 2023 – (ACN Newswire) – Researchers in Japan have developed a machine learning process that simultaneously designs new molecules and suggests the chemical reactions to make them. The team, at the Institute of Statistical Mathematics (ISM) in Tokyo, published their results in the journal Science and Technology of Advanced Materials: Methods.

Designing the network of bonds linking atoms into molecules and suggesting chemical routes
to make the molecules can now be done simultaneously.

Many research groups are making significant progress in using artificial intelligence (AI) and machine learning methods to design feasible molecular structures with desired properties, but progress in putting the design concepts into practice has been slow. The greatest impediment has been the technical difficulties in finding chemical reactions that can make the designed molecules with efficiencies and costs that could be practicable for real-world uses.

"Our novel machine learning algorithm and associated software system can design molecules with any desired properties and suggest synthetic routes for making them from an extensive list of commercially available compounds," says statistical mathematician Ryo Yoshida, leader of the research group.

The process uses a statistical approach called Bayesian inference which works with a vast set of data about different options for starting materials and reaction pathways. The possible starting materials are all combinations of the millions of compounds that can be readily purchased. The computer algorithm assesses the huge range of feasible reactions and reaction networks to discover a synthetic route towards a compound with the properties it has been instructed to aim for. Expert chemists can then review the results to test and refine what the AI proposes. AI makes the suggestions while humans decide which is best.

"In a case study for designing drug-like molecules, the method showed overwhelming performance," says Yoshida. It also designed routes towards industrially useful lubricant molecules.

"We hope that our work will accelerate the process of data-driven discovery of a wide range of new materials," Yoshida concludes. In support of this aim, the ISM team has made the software implementing their machine learning system available to all researchers on the GitHub website.

The current success focused only on the design of small molecules. The team now plan to investigate adapting the procedure to design polymers. Many of the most important industrial and biological compounds are polymers, but it has proved difficult to make new versions proposed by machine learning due to challenges in finding reactions to build the designs. The simultaneous design and reaction discovery options offered by this new technology might break through that barrier.

Further information
Ryo Yoshida
The Institute of Statistical Mathematics
Email: yoshidar@ism.ac.jp

Paper: https://doi.org/10.1080/27660400.2023.2204994

About Science and Technology of Advanced Materials: Methods (STAM-M)

STAM Methods is an open access sister journal of Science and Technology of Advanced Materials (STAM), and focuses on emergent methods and tools for improving and/or accelerating materials developments, such as methodology, apparatus, instrumentation, modeling, high-through put data collection, materials/process informatics, databases, and programming. https://www.tandfonline.com/STAM-M

Dr Yasufumi Nakamichi
STAM Publishing Director
Email: NAKAMICHI.Yasufumi@nims.go.jp

Press release distributed by Asia Research News for Science and Technology of Advanced Materials.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

OCTO, new FinOps solution from Alphaus, to help businesses maximize ROI on their cloud usage

KUALA LUMPUR, May 24, 2023 – (ACN Newswire) – Alphaus Inc. (https://alphaus.cloud/en/), the market leader in cloud financial management (CFM) solutions in Japan with a growing regional presence in Southeast Asia, is extending its suite of SaaS solutions to cater to SMEs and large enterprises running on cloud infrastructure.

Having successfully delivered huge cost savings to companies in Japan and Southeast Asia through its proven solutions for managed service providers (MSP), the company is now globally introducing OCTO, a SaaS-based FinOps platform for any business that uses cloud infrastructure for its operations. Beyond cost savings, OCTO enables finance, FinOps and DevOps teams to work together effectively to achieve the best outcomes for the business. Moreover, OCTO integrates effectively with a multitude of third-party solutions, acting as the connecting hub that brings them all together. This seamless integration enhances user experience, solidifying OCTO as an essential tool for end-users.

Companies interested in minimizing wasted cloud spend, saving costs and maximizing their ROI are now invited to sign up for the waitlist to experience the many benefits of OCTO.

OCTO enables cost aggregation by account, service, or tags with centralized account management for AWS, Azure, and Google Cloud Platform (GCP). Smart visualization through project-specific dashboards provides a clear view and understanding of all cloud costs. With advanced tag management, OCTO then intelligently distributes project costs and allocates credits and savings through its optimization capabilities. It helps businesses with a comprehensive cost optimization cycle covering numerous daily operations and enabling auto-pilot cost optimization, together with detailed metrics for gauging success of plans and actions.

"Due to the growing complexity of cloud technologies, most businesses find it a significant challenge to track cloud usage and associated costs across the organization. This lack of clear visibility and understanding of cloud costs negates the potential benefits and savings for companies by using the cloud," said Hajime Hirose, CEO of Alphaus. "We aim to solve this problem at scale with a versatile, comprehensive, and user-centric solution like OCTO, and help any business- whether it is a SME or a large-enterprise- to fully realize the benefits of using the cloud. Beyond understanding cloud spend, we want to empower businesses to seamlessly manage and optimize that spend with appropriate allocation, generate savings, and make a tangible impact on their bottom line."

Don't miss out on the opportunity to save on cloud costs and maximize your ROI. Sign up for the waitlist today and be among the first to experience the many benefits of OCTO. Visit: https://lp.alphaus.cloud/

About Alphaus Inc.

Alphaus (https://alphaus.cloud/en/), a VC-backed tech start-up on a mission to simplify cloud computing for everyone, specializes in Cloud Financial Management (CFM) solutions. The company enables cloud services partners and other businesses to understand, manage and optimize complicated cloud spend, billings and resource allocation for maximizing ROI on their investments in the cloud. Alphaus provides a suite of Software-as-a-Service (SaaS) solutions for multi-cloud management supporting AWS, Microsoft Azure, and Google Cloud.

Founded in 2015, Alphaus Inc. is backed by reputed investors like DNX Ventures, NTT DoCoMo Ventures, Mitsubishi UFJ Capital, Archetype Ventures, Accord Ventures, and 500 Global. The company's roster of clients includes NTT Data, Nomura Research Institute (NRI), and ISI-Dentsu. Headquartered in Japan, Alphaus has a rapidly growing Global Delivery Centre and Regional Headquarter in Kuala Lumpur Malaysia to support its rapid expansion in the Asia Pacific and Oceania regions.

Media Contact:
Hajime Hirose, CEO
Tel: +81.70.3173.7354
E-mail: Hajime.hirose@alphaus.cloud

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Talon Esports, IMG, Warner Music Singapore, MOONTON Games amongst first wave of ESI Singapore 2023 speakers

ESI Singapore tickets are still available here.

Singapore, May 24, 2023 – (ACN Newswire) – The leading B2B esports events and media company, Esports Insider, and Singapore-based esports marketing agency, Redd+E, are proud to announce the first wave of esteemed speakers for the upcoming ESI Singapore esports industry conference. Set to take place on 20-21 June at the Asian Civilisations Museum, ESI Singapore is set to provide attendees with valuable insights, networking opportunities, and thought-provoking discussions on the future of esports and beyond.

Among the prominent speakers who will grace the stage at ESI Singapore 2023 are:

Joe Jenkins – Head of Esports, IMG Media
Timo Krueger – Commercial Director Esports & Gaming, Nielsen
Gerald Ang – Managing Director, Warner Music Singapore
Ray Ng – Head of Esports Ecosystem, MOONTON Games
Jarrold Tham – Co-Founder, Talon Esports
Gary Ongko Putera – CEO, BOOM Esports
Debora Imanuella – Senior Vice President, UniPin Global
Oh Teck Wee – CFO, Affyn
Charlie Hanley-Nickolls – Chief Product Officer, GRID
Benedikt Becker – Director of Sales and Marketing, Shikenso Analytics
Gerald Solomon – Founder & Executive Director, NASEF
Mervyn Lai – Managing Director, Playbook Academy
Abdiqani Ahmed – Founder, Lionscreed Esports

These industry leaders, along with many more yet to be announced, will share their expertise, discuss emerging trends, and provide valuable insights into the ever-evolving world of esports, video games and Web3.

Sam Cooke, Managing Director of Esports Insider commented, “We are thrilled to unveil such an exceptional lineup of speakers for ESI Singapore 2023. Each speaker brings a unique perspective and extensive experience in their respective fields, ensuring that attendees will gain valuable knowledge and insights.”

ESI Singapore 2023 will offer a diverse range of topics across key tracks such as Commercialisation, Revenues & Investment; Web3; Community and Education. Attendees can look forward to engaging panel discussions and unparalleled networking opportunities, including an evening social at the exclusive ParkRoyal Collection Pickering hotel.

Co-host of #ESISG – Redd+E’s Managing Director & Co-founder, Yip Ren Kai added, “The esports and gaming community in APAC is rapidly evolving. With a whole new slate of partners such as Warner Music, Krafton and MOONTON Games, the developers of highly popular PUBG and Mobile Legends Bang Bang (MLBB) respectively, we are excited for expanding the range of topics that we can cover in esports – expanding our horizons to include explorations into new areas such as music and education.”

The event is supported by Singapore Exhibition & Convention Bureau and its partners including: Main Stage Sponsor GRID; Official AV Partner The Gym Esportscentre, Travel Partner Westpoint Transit; Event Partner Shikenso Analytics, Official Hotel Partner PARKROYAL COLLECTION Pickering, and media partners ACN Newswire, 80LV and Mailman Group. ESI Singapore is set to welcome over 400 attendees, with over 40+ speakers across more than 10 live sessions.

Full Passes, group and student tickets are still available here. To register or to learn more about the event, please visit https://esportsinsider.com/esi-singapore-2023/ . For special hotel rate for #ESISG attendees at PARKROYAL COLLECTION Pickering, Singapore, please book here.

About Esports Insider

Based in London and founded in 2016, Esports Insider is an industry-focused esports news platform, B2B agency, media and events company.

ESI runs a world-leading and international esports industry news site, operates The Esports Journal magazine and has run more industry events than any other company globally, from London to Los Angeles. Other arms of the company include ESI Media, as well as ESI Connect, its agency arm which offers services across Brokerage, Consultancy and Campaign Activation.

Website // Twitter // Facebook // Linkedin // Instagram // YouTube // Discord

About Redd+E

Redd+E, through its parent company Reddentes Sports, is a marketing agency that delivers smart and impactful solutions in the areas of esports.

Our services include media rights consulting, commercialisation development, event consulting, project management, organisational consultancy for sports associations, athlete management and marketing consultancy. Our goal is to provide services and value to transform organisations, businesses and communities by achieving their objectives through esports.

Facebook // Linkedin // Instagram // Website

Contacts:
General Enquiries:-info@esportsinsider.com
Event Enquiries: events@esportsinsider.com
PRs & pitches:- news@esportsinsider.com

Photonis Expands Market-Leading Mass Spectrometry Detection Technology

STURBRIDGE, MA, May 24, 2023 – (ACN Newswire) – Photonis has announced that the company will be exhibiting at the 71st American Society for Mass Spectrometry (ASMS) Conference on Mass Spectrometry and Allied Topics, taking place June 4 – June 8, 2023, at the George R. Brown Convention Center in Houston, TX.

ASMS

Photonis can be found at booth 407 in the exhibitor hall. Attendees are encouraged to meet and speak to the company's diverse team of technical experts and learn more about how their industry-leading MS Detection Technology will benefit new applications in Mass Spectrometry due to unprecedented performance levels.

At this occasion, Photonis, the leaders in Time-of-Flight (TOF) detection technologies, will showcase their latest advancements in TOF detection with additions to their existing detector platforms – the APTOF and BPTOF Series.

Photonis presents the APTOF A300, a capacitively-coupled, compact assembly detector designed for small footprint and/or benchtop TOF systems. The APTOF A300 integral AC-coupled high voltage isolation prevents damage to the digitizer and provides MS Instrument manufacturers with significant cost savings.

In parallel, the company will introduce the BPTOF B380, an optically coupled Bi-Polar TOF detector with never-before-seen lifetime benefits, based on a patented technology from Photonis.

Ulrich Laupper, President and General Manager of Photonis' Ultimate Detection Business Unit: "We are excited to introduce the next generation of Time-of-Flight detection technology at this year's ASMS Conference. Photonis is committed to extensive investments into Research and Development activities in order to provide our industry partners market-leading detector solutions. The APTOF A300 and BPTOF B380 provide mass spectrometry instrument manufacturers an unmatched cost-of-ownership value proposition. In addition, it also enables them to offer new advanced applications to their end users. We are very proud to be part of the ASMS community and contribute to advance science and quality of life with our technologies."

Photonis' Time-of-Flight detectors support some of the world's most sensitive TOF-MS applications. Their patented technologies and distinct Microchannel Plates ensure optimum temporal resolution, excellent mass sensitivity, unmatched lifetime and superb dynamic range; enabling mass spectrometers to be optimized with the best detector on the market, no matter the analysis requirements. Photonis specializes in working in partnership with TOF-MS Instrument designers to understand the requirements needed in each instrument to provide the longest-lasting, accurate detectors specifically designed for each instrument.

About Photonis

Photonis is a market-leading provider of technologies used in the detection and amplification of photons, ions, electrons, and neutrons. We innovate and engineer the highest quality technology solutions for integration into a wide variety of applications, such as mass spectrometry, night vision optics, digital cameras, nuclear instrumentation, life-science and physics research, space exploration, and many others. With over 80 years of experience in partnering with our customers to provide the world's leading detection systems, Photonis has the experience to meet the specific challenges of the many markets we serve. For more information, please contact us or visit us at booth #407 during the conference.

Contact Information
Nicole Poirier
Marketing Manager
n.poirier@usa.photonis.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

PLN to Cooperate with CCCC, an EPC Company, Focusing on Development of Renewable Energy

BEIJING, May 23, 2023 – (ACN Newswire) – PT PLN (Persero) has signed a business agreement with China Communications Construction Co., Ltd. (CCCC)(HKEX:1800), an Engineering, Procurement & Construction (EPC) company, for the development of renewable energy (RE) in Indonesia. The agreement was signed during PLN President Director Darmawan Prasodjo's business visit to China on May 21st.

President Director of PLN, Darmawan Prasodjo (middle) posed after signing a business agreement
with Chinese Engineering, Procurement, Construction (EPC) company, China Communications
Construction Co., Ltd (CCCC) for the development of renewable energy (RE) in Indonesia.

Darmawan Prasodjo explained that his company is currently developing renewable energy power plants, including hydroelectric power plants, solar power plants, wind turbines and pumped storage power plants, in Indonesia. The agreement is a significant step forward for Indonesia's RE sector, as it will provide access to the latest technologies and expertise from CCCC.

As the largest construction company in China, CCCC is expected to accelerate the energy transition process from fossil energy to renewable energy in order to achieve the net zero emission (NZE) target by 2060. "The cooperation that has been built between PLN and CCCC is expected to accelerate the construction of renewable energy power plants. Thus, Indonesia will further accelerate the energy transition process," Darmawan said.

In addition to the official cooperation, Darmawan added, with a myriad of experiences owned by CCCC, PLN can absorb knowledge from the company to discuss and collaborate in the development of RE infrastructure, Liquid Natural Gas (LNG) and terminals for gasification.

CCCC itself is a company that has been involved in many major projects in China and abroad. Some of its biggest projects including the construction of the Hangzhou Bay bridge, the world's largest port located in Shanghai, as well as the construction of the Three Gorges Dam in China.

"This cooperation agreement can increase investor confidence. through solid cooperation between PLN and CCCC is also expected to strengthen economic relations between China and Indonesia," stated Darmawan.

About PLN
PT PLN (Persero) is a state-owned electricity company that continues to be committed and innovative in carrying out a mission to illuminate and move the nation. With a vision to become the leading electricity company in Southeast Asia, PLN is moving towards becoming the number one choice for energy solutions. PLN is committed to transformation with aspirations of being Green, Lean, Innovative, and Customer Focused to provide electricity for a better life. PLN can be contacted through the PLN Mobile application available on PlayStore or AppStore. https://web.pln.co.id/

Contact:
Gregorius Adi Trianto
Executive Vice President, Corporate Communications & CSR, PLN
Tel. +62 21 7261122

PT. Perusahaan Listrik Negara (Persero) [IDX: PLN]
China Communications Construction Co., Ltd. (CCCC) [HKEX:1800]

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Source Intelligence Acquires ChainPoint

SAN DIEGO, CA, May 23, 2023 – (ACN Newswire) – Source Intelligence, an industry-leading software provider of supply chain compliance and ESG management solutions, announces its acquisition of ChainPoint, a software platform for monitoring and securing supply chains.

ChainPoint specializes in helping companies monitor supply chains by connecting systems and sharing information. The company's secure, cloud-based platform allows users to manage and share product, process, and supplier information from raw material to finished product. The flexibility and scalability of ChainPoint's software allow for applicability in any industry, commodity, and supply chain.

The acquisition of ChainPoint enables Source Intelligence to expand its European presence and allows the two companies to better serve their clients in managing and improving sustainable supply chains while reducing cost and risk.

"Joining forces with Source Intelligence will consolidate our position in international markets and further strengthen the innovation and quality of service our team brings to existing and new clients," says Johan Zandbergen, Founder and CEO of ChainPoint.

Together, ChainPoint and Source Intelligence will deliver a broader, more valuable solution to clients and stakeholders worldwide across a wider range of industries. The partnership also enhances Source Intelligence's robust solutions with traceability capabilities for raw materials such as cocoa beans, cotton, timber, palm oil, and many other commodities.

"The acquisition of ChainPoint allows us to trace more raw materials back to their source and expands our ability to serve clients in other industries, including food, apparel, and retail," comments Glenn Trout, CEO of Source Intelligence. "With a broader range of Supply Chain Compliance and Transparency solutions, we are better positioned to serve our rapidly growing global customer base."

About Source Intelligence: Source Intelligence delivers services and software that streamline the evolving complexities of product compliance and ESG management. The SaaS company, based out of San Diego, California, provides fully scalable solutions for Product Compliance, Responsible Sourcing, Sustainability, and Parts Obsolescence that can be configured for the unique needs of every enterprise. For more information, visit www.sourceintelligence.com.

About ChainPoint: ChainPoint was founded in 2003 by Johan Zandbergen. The company is headquartered in Arnhem, The Netherlands, with additional offices in Germany and France. ChainPoint is a specialized, global vendor of supply chain sustainability software for compliance, transparency, and ESG claim verification. The company facilitates customers worldwide to monitor and manage supply chains and enhance transparency towards customers and other stakeholders. ChainPoint's solutions are used by over 70,000 companies globally and are trusted by world-leading brands such as BCI, Tony's Chocolonely, and Next. For more information, visit www.chainpoint.com.

Contact Information:
Amanda Lindberg
Director of Marketing
amanda.lindberg@sourceintel.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

SNS to Collaborate on Penang’s Digital Library Programme

PENANG, Malaysia, May 23, 2023 – (ACN Newswire) – SNS Network (M) Sdn Bhd, a subsidiary of SNS Network Technology Berhad (Bursa: SNS, 0259), a leading provider of ICT systems and solutions, is pleased to announce a collaboration with Persatuan Kebajikan 88 Kapten Pulau Pinang (88 Captains) under the "5G Digital Library Programme" to equip schools in Penang with wireless 5G broadband connectivity.

Ko Yun Hung, Managing Director of SNS

YB Dato' Seri Dr. Ooi Eng Hock, Chairman of Penang 88 Captains

Yang Amat Berhormat Tuan Chow Kon Yeow, Penang Chief Minister; Irene Cheong Lai Keng,
Branch Manager of SNS; Yang Berhormat Prof. Dr. P.Ramasamy a/l Palanisamy,
Penang Deputy Chief Minister II [L-R]

As part of the collaboration, SNS will sponsor 264 units of JOI Classmate 10 totaling RM342,936 to 88 select schools in Penang as part of a pilot project enabling students to have better access to their school's Digital Library anytime and anywhere through provided high-speed, uninterrupted 5G broadband. Each of these school will receive a Content Access Server that can keep thousands of e-books, a modem with 5G broadband, and three units of laptops.

88 Captains is also aiming to expand the programme to all schools in the state and SNS is prepared to fully support its efforts in developing a thriving talent ecosystem in Penang. SNS believes that broadband speed is vital in today's education system while a Digital Library is important as a platform to house all the digital content for students and encourage collaboration among teachers through the Intel-based Content Access Server.

Managing Director of SNS, Ko Yun Hung said, "As a technology provider, our JOI(R) devices add value to education across the spectrum that makes the education journey more engaging, dynamic, richer, and fulfilling. We are always committed in driving positive changes in education transformation and we believe this initiative will be an effective educational foundation that will revolutionize the digital learning environment."

Chairman of Penang 88 Captains, YB Dato' Seri Dr. Ooi Eng Hock said, "Collaborations like these are the next logical step and comes on the heels of our previous cooperation with local universities to secure funding for deserving students in the state. The current 5G programme is a synthesis of the collective efforts of the respective bodies in bringing education in the state to the forefront of Industry 4.0. We are honoured to coordinate these efforts to fast-track 5G broadband connectivity in Penang's schools, and we appreciate top technology leaders such as Intel and YTL, collaborating with Penang Science Cluster, to create new and improved learning opportunities to accelerate digital transformation in education."

For more information on SNS Network and its offerings, please visit: https://www.sns.com.my/

SNS Network Technology: 0259 [BURSA: SNS], https://www.sns.com.my/

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Leon Fuat Shareholders Approve Dividend for FY2022

SHAH ALAM, Malaysia, May 23, 2023 – (ACN Newswire) – Leon Fuat Berhad, a manufacturer and trader of steel products specialising in rolled long and flat steel, would like to announce that shareholders have approved all resolutions at the Group's 16th AGM today.

Calvin Ooi Shang How, Executive Director of Leon Fuat

Shareholders approved a resolution to pay out a final single tier dividend of 1.5 sen per share for the financial year ended 31 December 2022 ("FY2022").

Resolutions to re-elect Mr. Ooi Seng Khong, Mr. Ooi Kong Tiong and Mr. Ng Kok Teong as directors were also approved as were resolutions to retain Mr. Chan Kee Loin, Mr. Tan Did Heng and Mr. Tan Sack Sen as independent directors.

Baker Tilly Monteiro Heng PLT was also re-appointed as the Group's auditors for FY2023, with shareholders also authorising the directors to fix its remuneration.

Calvin Ooi Shang How, Executive Director of Leon Fuat said, "We had a smooth physical AGM and would like to thank all who made this shareholders' meeting a success. The Group is cautiously optimistic of the outlook for FY2023 and will continue to seek opportunities to diversify products and services as well as the customer base to ensure earnings sustainability. We also will continue to monitor steel prices as well as related foreign currencies and take proactive measures such as through negotiating forward contracts and prudent inventory management to mitigate the risks to the business."

"We would like to thank our shareholders who attended our physical AGM which allows us to have an effective engagement and who have been with us through thick and thin. The Group appreciates their trust and confidence and will continue to work to create value despite the challenging macroeconomic outlook. We view positively the recent announcement of Malaysia's better-than-expected 5.6% year-on-year economic growth as this is a good indicator of the country's economic strength that we would want to leverage on."

Leon Fuat Berhad: [BURSA: LEFU] , https://www.leonfuat.com.my/

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Kingsoft Announces 2023 First Quarter Results

HONG KONG, May 23, 2023 – (ACN Newswire) – Kingsoft Corporation Limited ("Kingsoft" or the "Company"; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 31 March 2023 ("period under review").

During the period under review, the revenue of Kingsoft increased 6% year-over-year to RMB1,970.3 million. Revenue from the office software and services, and online games and others represented 53% and 47%, respectively, of total revenue. Gross profit increased 8% year-over-year to RMB1,625.4 million.

Mr. Jun LEI, Chairman of Kingsoft, commented, "We had a good start in the first quarter of 2023. Kingsoft Office Group actively explores and promotes the practical application of artificial intelligence ("AI") technology, invests in related R&D, and continues to empower the digital transformation of institutional and individual users. Online games business further enhances the value of original IPs and remains committed to the strategy of developing premium games."

Mr. Tao ZOU, Chief Executive Officer of Kingsoft, added, "The Group's businesses remained steady in this quarter, with total revenue reaching RMB1,970.3 million, increasing by 6% year-on-year. Revenue from office software and services business reached RMB1,051.7 million, up 21% year-on-year. Both domestic individual office subscription and institutional subscription businesses experienced robust growth during this quarter, demonstrating the significant effect of the subscription transformation.

In face of the technological transformation brought about by generative AI and large language models, Kingsoft Office Group focuses on the AI field, collaborates with companies engaged in the large language models and concentrates on core businesses to excel in the application layer. Centering on the needs of organizational users, we continue to leverage the advantages of the digital office platform, actively promote the digital transformation and upgrading for organizations of all sizes, and empower their digital construction. In April 2023, we launched WPS 365, a comprehensive package of office software suitable for a wide range of institutional users, which includes powerful office software and collaboration management capabilities aiming to improve their work efficiency. In order to achieve high-quality development of individual office subscription business, we consistently enhanced the user experience of our products in cross-platform scenarios like cloud and collaboration and reconstructed the membership system in April.

Online games business made progress in iterating core IPs. Based on the high-quality expansion pack launched in the fourth quarter of 2022, our flagship JX Online III achieved an increase in new users, expanding the user base. At the same time, the number of daily active users and revenue of JX Online III increased year-on-year in the first quarter of 2023. At the end of February 2023, a new expansion pack of JX World III mobile game released, together with effective marketing and promotions, stimulated the game's vitality and improved user experience. At the end of March 2023, World of Sword Origin mobile game was initially launched in Vietnam. Upon its launch, it topped both the free and grossing charts in local iOS and Android stores. Our anime mobile games, Snowbreak: Containment Zone and The Other Shore, are scheduled for launch in the second half of 2023."

BUSINESS REVIEW
Office Software and Services
For the first quarter of 2023, revenue from the office software and services business increased 21% year on-year to RMB1,051.7 million. The year-on-year increase was mainly due to the robust growth of domestic individual office subscription business, and rapid growth of domestic institutional subscription business of Kingsoft Office Group, partially offset by the decrease in domestic institutional licensing business. The solid growth of domestic individual office subscription business was primarily attributed to the continuous optimization of cloud and collaboration user experience. The fast growth of domestic institutional subscription business was mainly driven by the continuous upgrades of digital office solutions and service quality, as well as the ongoing process of promoting cloud integration and collaborative office in government and enterprises. The decrease in domestic institutional licensing business was mainly due to the relatively high base in the first quarter of 2022 and reduction in new purchase orders on localization solutions in the current quarter.

Online Games and Others
Revenue from the online games and others business for the first quarter of 2023 decreased 6% year-on-year to RMB918.7 million. The slight year-on-year decrease was primarily due to a natural decline in revenue from the mobile games such as JX World III and JX I: Gui Lai, which had a relatively high revenue base in the first quarter of 2022. The decrease was partially offset by the revenue growth from JX Online III, which was attributed to our continuous efforts in enhancing user engagement and in-game consumption through game content updates and operations optimization.

Mr. Jun LEI concluded, "We adhere to technology-driven business. Looking forward, Kingsoft Office Group will continue to cultivate in AI, fully leveraging new technologies to drive the reconstruction and pattern innovation of office products and services. Online games business will continuously adjust and optimize products and services in response to player needs, improve games' reputation, introduce more unique gameplay and content, and further strengthen players' recognition and confidence in our core IPs. We are committed to creating long-term value for our shareholders by enhancing our core competencies."

About Kingsoft Corporation Limited
Kingsoft is a leading software and Internet services company based in China listed on the stock exchange of Hong Kong. It has three main subsidiaries including Kingsoft Office, Seasun and Kingsoft Shiyou. Following the implementation of its "mobile internet transformation" strategy, Kingsoft has completed the comprehensive transformation of its overall business and management models, and formed a strategic platform with office software and interactive entertainment as the pillars and cloud services and AI as the new directions. The Company has around 7,000 staff around the world and enjoys a large market share in China. For more information, please visit http://www.kingsoft.com.

Kingsoft Investor Relations:
Francie Lu Tel: (86) 10 6292 7777 Email: ir@kingsoft.com
For further queries, please contact Hill+Knowlton Strategies Asia:
Ovina Zhu Tel: (852) 2894 6315 Email: kingsoft@hkstrategies.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com