Mitsubishi Chemical:Has developed new electrolyte for Tesla. The solvents and solute are supplied from Shida Shenghua

HONG KONG, Sep 20, 2020 – (ACN Newswire) – A Mitsubishi Chemical (MTLHY) technical expert revealed that the important innovations of Tesla's new battery are the positive and negative electrodes and the new electrolyte. Mitsubishi Chemical has perfectly matched the electrolyte technology for the new battery. This electrolyte mainly uses new solutes and functional additives, which can greatly improve battery performance. The technical expert said that the solvent in the new electrolyte is still supplied by the Chinese company Shida Shenghua, and the amount of DMC in the solvent will be greatly increased. Beginning in 2017, Mitsubishi and Shida Shenghua have jointly developed a new type of solute. This product will soon be mass-produced, which can effectively increase battery cycle times and energy density.


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

JP Morgan, DBS and Others Recommend “Buy” Rating for Central China New Life as its Interim Results Exceed Market Expectations

HONG KONG, Sep 17, 2020 – (ACN Newswire) – Central China New Life Limited (stock code: 9983) recently released it interim results, which revealed substantial growth in net profit driven by the expansion of its business scale. Moreover, the ongoing growth of third-party properties under its management and rapid growth of the company's "Jianye+" platform have provided a sound foundation for further development of its business going forward. The strong performance which exceeded market expectation has subsequently earned "Buy" or "Overweight" ratings from various security houses, among which DBS has also significantly increased its target price, which was originally set at HK$10.40, to HK$12.56. Details are as follows:

Recommendation Target Price
DBS Buy HK$12.56 (Original Target: HK$10.40)
JP Morgan Overweight HK$13 (Maintain)
Haitong Outperform HK$15.9
CCBI Outperform HK$13.8 (Maintain)
BNP Paribas Buy HK$13.2
AMTD Buy HK$13.56
Guosheng Maintain Buy HK$14.3

Central China New Life's business consists of three major segments, namely, 1) property management and value-added services; 2) lifestyle services; and 3) commercial property management and consultation services. Despite the impact of the COVID-19 epidemic, the company's business growth has remained rapid. Furthermore, its income structure has been continuously optimized and its operating efficiency has been enhanced during the first half of 2020. During the period, the company's revenue increased by 56.1% to RMB1,061.2 million, as compared with the corresponding period of 2019. Profit attributable to shareholders of the company surged by 70.3% year-on-year to RMB183.8 million. Basic earnings per share amounted to RMB0.1870. To date, Bloomberg shows 11 out of 12 security houses covering Central China New Life give "buy" or equivalent ratings.

During the period, revenue from property management and value-added services jumped by 59.3% year-on-year to RMB843.8 million. The increase was mainly attributable to the growth in property management revenue resulting from an enlarged GFA under management. In addition, stronger business was seen in value-added services, such as sales agency and intelligent community which were able to generate greater revenue.

In the first half of 2020, the company implemented the "Large Regional Market Expansion" strategy. Correspondingly, its business focused on Henan and radiated to adjacent provinces. At the same time, it also expanded to include quality projects in other provinces in China, thereby steadily scaling upward its business. As at 30 June 2020, the GFA under management and contracted GFA reached 70.1 million sq. m. and 144.4 million sq. m. respectively, representing respective growth of 23.1% and 25.9% as compared with the end of 2019. During the period, new contracted GFA relating to Central China Real Estate increased by 16% H/H, while new contracted GFA from third parties increased by 41% H/H, which reflected the company's ability to obtain third-party contracts.

During the period, lifestyle services of Central China New Life have expanded rapidly and the coverage of the "Jianye+" platform has continued to grow. The company's revenue from lifestyle services grew by 51.6% year-on-year to RMB172.8 million. The upsurge was mainly attributable to the significant increase in registered users of its "Jianye+" platform, from approximately 1,547,700 as at the end of last year to approximately 2,805,500 as at the end of June this year, as well as a rise in consumption among registered users. The rapid growth of the "Jianye+" platform will provide further room for future development of the company's lifestyle services.

The company's commercial property management and consultation services consist of hotel management, commercial asset management and cultural tourism complex management. Revenue from this business segment has increased by 22.2% year-on-year to RMB44.6 million. The company's commercial property management business was launched in March 2019. Affected by the epidemic, the growth of cultural tourism businesses that are involved in such operations as hotels, tourism, commercial management and specially themed small towns have all faced relatively great pressure in general. Nevertheless, with the synergy achieved by leveraging the "Jianye+" platform, the company has still managed to develop new growth and profit drivers in this business segment.

Central China New Life will strengthen efforts to expand its property management business in the second half year by focusing on mergers and acquisitions. It will also focus on increasing investment in intelligent properties and integrating organizational management to reduce costs and increase efficiency. Since the company went public in May to raise funds, it has ample cash on hand, which will be conducive for executing its future merger and acquisition plans.



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

The sole supplier of solvents and additives in Tesla’s new battery is Chinese company Shi Dashenghua

HONG KONG, Sep 17, 2020 – (ACN Newswire) – A Tesla battery expert said that a large amount of the solvent DMC dimethyl carbonate will be used in the electrolyte of the new battery produced by itself, and the addition ratio is as high as 70%, which is 6 times higher than before. At the same time, the new battery will use a variety of new electrolyte additives. The exclusive supplier of DMC and additives is a Chinese manufacturer named Shi Dashenghua.



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Dynasty Announces Strategic Plan for New Brandy Products on its 40th Anniversary

HONG KONG, Sep 14, 2020 – (ACN Newswire) – To celebrate its 40th anniversary and mark a milestone for the Group, Dynasty Fine Wines Group Limited (Stock Code: 828), a premier winemaker in China, has hosted a press conference unveiling its strategic plan for its brandy business and the launch of 3 new brandy products. The introduction of new products not only enriches the product matrix and culture elements of Dynasty's brandy, but also enhances its overall brand positioning. The new products are expected to become new growth drivers for Dynasty's brandy business.





The three new products, namely Dynasty V.S.O.P. Brandy Aged 8 Years, Dynasty V.S.O.P. Brandy Aged 10 Years and Dynasty X.O. 18 Years Old Brandy, are priced at different levels in the market. These products are made with the traditional brandy winemaking technique of France and made from Ugni Blanc harvested in the plantation area in Tianjin. Besides, they are produced by adopting the world's most famous Charentais Distillation and matured in French Limousin oak brandy barrels. They feature rich aroma, elegant and refined, strong but not dry. The products have been widely recognised by the industry experts.

Dynasty has set 2019 as "a reform year in sales and marketing", thus implementing a series of new market strategies which encompassed 1) promoting two upgrades, namely product upgrade and brand upgrade, 2) forming the third-tier markets, namely the core market, key market and potential market and 3) taking the four management measures and 4) the marketing campaign that showcasing in 10,000 shops, hosting 1,000 wine tasting events and organizing 100 plant visits. In 2020, Dynasty further pushed forward its business reform and focused on the implementation of "5+4+N product strategy", among which "5" refers to the five key series of products namely, air dry series, seven-year reserve series, merlot series, classic series and best-selling series, to achieve the goal of full coverage for all mainstream price segments; "4" refers to the four advantageous categories i.e. dry red wines, dry white wines, brandy and sparkling wines, to vertically increase market share; and "N" refers to developing various customised products to meet the diverse needs of Chinese consumers.

To align with its "5+4+N product strategy", the Group launched a new high-end product, Dynasty Chinese Zodiac Commemorative Dry Red Wine for the Geng Zi Year of the Rat, which integrates the high quality with the Chinese zodiac culture and leads the rise of Chinese-style fashion products during the first half of the year. The Group also launched Dynasty Jiuxiang Rose Liqueur series early this year. Moreover, the second generation of Dynasty Merlot Dry Red Wine series, which is the blockbuster product of the Group, made its debut on the market in May, targeting business banquets. Meanwhile, the Group released Dynasty Seven-Year Reserve Dry Red Wine series, positioning the high-end market with national banquet quality. The current new brandy product strategic plan also plays a key role in the implementation of its "5+4+N product strategy".

Established in 1980, Dynasty was the second Sino-foreign joint venture in China and the first-of-the-kind in Tianjin, with Tianjin Food Group Co. Ltd. and Remy Cointreau, a grape wine and brandy leader from France, as its major shareholders. In 1982, Dynasty started making brandy with French winemaking techniques. Marrying world renowned techniques and Chinese style, the Group has produced premium products showcasing top technical and quality features. The new products that hit the market this time have fully reflected the Group's determination to expand in the brandy market.

Dynasty said that the Company believes its brand can attract more consumers with its effective product strategy and a quality and comprehensive product mix. Stepping into the 40th anniversary, it will stay true to its original ideals, taking quality as the top priority in operations, and continuing to produce more premium wines in China, so as to make Dynasty the synonymy of top Chinese wine. Looking ahead, the Company will continue to adjust its product strategy, enhance its sales and marketing reform, carry on the past successes while making new achievements, thus paving the way for building a century-old brand.



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Xinyi Energy Places New Shares to Raise Approximately HK$893 Million, Introduces Renowned Institutional Investors China Life Insurance and Hillhouse Capital to Become Shareholders

HONG KONG, Sep 14, 2020 – (ACN Newswire) – Xinyi Energy Holdings Limited ("Xinyi Energy" or the "Group"; stock code: 03868), a leading solar farm operator in the PRC has today announced that the Group will issue and allot 357,520,000 Placing Shares at the placing price of HK$2.50 per share to China Life Insurance (Group) Co. ("China Life Insurance") and Hillhouse Capital Advisors, Ltd. ("Hillhouse Capital"). China International Capital Corporation Hong Kong Securities Limited ("CICC") is the sole placing agent for the Placing.

Pursuant to the Placing Agreement with CICC, China Life Insurance and Hillhouse Capital will subscribe for 125,020,000 Placing Shares and 232,500,000 Placing Shares respectively. The total number of 357,520,000 Placing Shares represent approximately 5.29% of the existing issued share capital and approximately 5.03% of the enlarged issued share capital of the Group. The placing price represents a discount of approximately 8% to the closing price of HK$2.72 per Xinyi Energy share on 11 September 2020, being the last trading day prior to signing of the Placing Agreement. The Placing is expected to be completed no later than 2 November 2020. After deducting all relevant costs and expenses, the net proceeds will be approximately HK$893.2 million which the Group intends to use for general working capital.

Mr. LEE Shing Put, B.B.S., Chairman and Executive Director of Xinyi Energy, said, "We are delighted to introduce renowned institutional investors, China Life Insurance and Hillhouse Capital, to join us as shareholders. Their investment serves as evidence of the investors' confidence in our business strategies and prospects. Xinyi Energy believes that the Placing will further expand our shareholder base and strengthen our financial position in order to get well prepared for future business development and deliver continuous and stable returns for shareholders."

About Xinyi Energy Holdings Limited (Stock Code: 03868)
Xinyi Energy, a leading solar farm operator in the PRC, mainly generates revenue from solar power electricity generation and sales of electricity to local subsidiaries of the State Grid, as well as receives management fees through the provision of operating and managing services of solar farms. All utility-scale solar farm projects owned by the Group are located in provinces with strong demand of electricity, such as Anhui Province, Hubei Province, Henan Province, Fujian Province and Tianjin Municipality, with no power curtailment problem ever in the past operating period. Currently, Xinyi Energy is owning a total of 16 solar farm projects with the aggregate approved capacity of 1,514 MW. Xinyi Energy intends to maintain a high dividend payout ratio. It's the Board's intention to declare and distribute not less than 90% of the distributable income for each financial year. Its controlling shareholder is Xinyi Solar Holdings Limited (stock code: 00968), which holds 52.7% of the Group's shares in issue as at 30 June 2020.

For details, please visit www.xinyienergy.com


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HKTDC Export Index 3Q20: Exporter confidence rises for second consecutive quarter

HONG KONG, Sep 14, 2020 – (ACN Newswire) – The HKTDC Export Index has risen for the second consecutive quarter, indicating that exporter sentiment continues to improve. The Hong Kong Trade Development Council (HKTDC) announced the index for the third quarter of 2020 today with a reading of 25.1 – up 6.9 points from the previous quarter, and 9.1 points from the record low in the first quarter of this year. HKTDC Director of Research Nicholas Kwan noted that export indexes across all major industries remain in contractionary territory despite the recent rebound, stressing that times will remain tough for Hong Kong's exporters.



HKTDC Director of Research Nicholas Kwan (centre), Assistant Principal Economist (Greater China) Alice Tsang (L) and Economist Samantha Yim (R) announced in today's press conference that all HKTDC indexes rebounded in the third quarter of 2020.



As the initial shock of the Covid-19 pandemic begins to wane, the number of exporters having orders cancelled, payments deferred or logistics and distribution disrupted showed a significant drop compared with the previous quarter. Mr Kwan noted that 60.5% of respondents indicated that reduced orders from buyers was the biggest challenge they faced, up 3.5 percentage points from the second quarter of 2020. A number of exporters (23%, up 4.9 percentage points) said they had to downsize their companies and in some cases lay off workers.

"Fewer respondents (51.5%, down 13.1 percentage points) regarded the continuation of the pandemic as the biggest threat to their export performance over the next six months, with more of them concerned about softening global demand (21.5%, up 2.5 percentage points) and trade tensions between the United States and China (15%, up 4.2 percentage points)," Mr Kwan said.

Trade indexes pick up in third quarter

The HKTDC conducted its latest business confidence survey in August, interviewing 500 local traders from six major industry sectors including electronics, jewellery, timepieces, toys, clothing and machinery. The HKTDC Export Index reflects the prospects of the city's near-term export performance. Readings above and below 50 indicate an optimistic or pessimistic outlook respectively.

"Export indexes for all major sectors rose from their lowest readings in the first half of 2020, especially the machinery sector (29.0), toys (27.5) and electronics (25.3), followed by timepieces (21.6), clothing (21.0) and jewellery (20.1). Exporters' perception on the performance of major markets remained largely unchanged, with Japan (46.1) and Mainland China (42.9) regarded as the most promising markets for Hong Kong exports, followed by the United States (41.2), the Association of Southeast Asian Nations (ASEAN) bloc (41.0) and the European Union (36.0)," HKTDC Economist Samantha Yim said.

Ms Yim added that the Procurement Index, Offshore Trade Index and Trade Value Index all began to stabilise in the third quarter whereas the Employment Index dropped by 2.3 points to a four-year low of 39.8. "Compared with other industries, recruitment intentions in toys (38.0) and timepieces (35.6) were notably downbeat, suggesting the probability of headcount losses within these sectors."

Capturing new opportunities in the Greater Bay Area

As a highly open and internationalised city in the Guangdong-Hong Kong-Macao Greater Bay Area, as well as a hub for international finance, logistics and transportation, professional services, trade and aviation, Hong Kong plays an important role in the region under the "one country, two systems" principle. A recent survey showed that senior business executives generally recognise Hong Kong's advantages as an international business hub for the Greater Bay Area, including its robust legal regime, open business environment, free-market economy, robust infrastructure and transportation systems as well as its quality pool of international talent.

The survey was commissioned by the HKTDC and conducted by PricewaterhouseCoopers (PwC) to get detailed insights into Hong Kong's role in the Greater Bay Area. PwC conducted in-depth interviews and questionnaire surveys of close to 500 senior executives from the area to gauge their views on how six major industries, including financial services, logistics and transportation, trade services, manufacturing, legal and dispute resolution and innovation technology, can leverage Hong Kong's advantages in business operations. The consultancy firm also made suggestions on how to reinforce the city's position as an international business hub in the Greater Bay Area, assessing the potential opportunities and likely challenges.

The survey showed respondents as believing that the five trends most important to Hong Kong in the next five years are: increasing application of emerging technology; integration of Hong Kong with the Greater Bay Area, including capital connectivity; increasing cross-boundary transactions due to the Belt and Road Initiative; extending global value chains out of the Greater Bay Area; and industrial upgrading and transformation in the area.

Respondents believed that to further enhance Hong Kong's position as the international business hub for the Greater Bay Area, the five most important measures the city has to take are: facilitate the free flow of capital within the area; improve data privacy protection; improve the research and development (R&D) capability of Hong Kong by encouraging R&D activities and the adoption of emerging technologies; promote tax simplification/harmonisation in the Greater Bay Area; and promote regulatory transparency in the area.

New measures to enhance Hong Kong's key roles

HKTDC Assistant Principal Economist (Greater China) Alice Tsang said that, according to the findings of the PwC report, Hong Kong should implement a range of measures to reinforce the city's key roles as an international financial centre, legal and dispute resolution centre, logistics and transportation hub, trading centre, innovation and technology centre, and location for business headquarters.

"For the sake of the financial sector, Hong Kong should facilitate cross-border capital flow, take the lead in reforming its financial regulatory system and financial products and services, and develop sustainable and green finance," Ms Tsang said, citing the report. "In the area of professional services, those who have completed professional training programmes should be allowed to practise in specific areas within the Greater Bay Area. Hong Kong should also enhance its position as an international arbitration centre and establish itself as a protection base and trading platform for intellectual property in the area."

Ms Tsang added that to reinforce Hong Kong's position as a logistics, transportation and trading hub, the city should facilitate the flow of people and goods to and from other cities in the Greater Bay Area. "Hong Kong should also establish a unified product quality certification mechanism with other cities in the area for innovative services and products yet to gain international certification. This could reinforce the city's position as a centre for testing and certification," she said.

Suggestions were also made for capitalising on Hong Kong's advantages as an innovation and technology centre by supporting the industry's development, creating an ecosystem in which Greater Bay Area cities' relative advantages can complement each other and develop in concert, and attracting venture capital institutions to the city. Hong Kong should also extend preferential policies for setting up businesses in the city to further attract Greater Bay Area enterprises to expand their business. This would help to make Hong Kong more attractive as a location for business headquarters.

References
– HKTDC Research website: http://research.hktdc.com/
– Hong Kong Export Index 3Q20: Exporter Confidence Rallies Moderately While Spectre of Covid-19 Still Looms Large: https://bit.ly/2GKKiYx
– Hong Kong as the International Business Hub for the Greater Bay Area (Executive Summary): https://bit.ly/2Rm1ky9
– Photo download: https://bit.ly/3htY1Q4

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: http://www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Contact:
Leslie Ng, Tel: +852 2584 4239, Email: leslie.ss.ng@hktdc.org Beatrice Lam, Tel: +852 2584 4049, Email: beatrice.hy.lam@hktdc.org



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Edvantage Group (0382) Announced Positive Profit Alert for the Third Time Since its Listing

HONG KONG, Sep 10, 2020 – (ACN Newswire) – Edvantage Group Holdings Limited ("Edvantage Group" or the "Group", stock code: 0382.HK), the largest private higher education group in Guangdong-Hong Kong-Macau Greater Bay Area (the "Greater Bay Area"), is pleased to announce positive profit alert for FY2020, expecting to record an increase of no less than 30% YoY in the core net profit of the Group for the 12 months ended 31 August 2020 (the "Period under Review"). This is the third time that the Group has released a positive profit alert after its listing.

The number of students and average tuition fee in the 2019/20 school year both have increased
The Group is benefited from the national policy to support the development of the Greater Bay Area and the pressing crave for business talents in the Greater Bay Area. At the same time, the Group's Huashang education brand and school-running capabilities have been recognized and sought after by the society. Given the popularity of international school-running models of its schools, during the Period under Review, the number of students and the average tuition fee of the two Chinese schools of the Group, Huashang College Guangdong University of Finance and Economics and Guangzhou Huashang Vocational College, increased compared with the same period last year. In addition, as the new Sihui and Xinhui campus have been put into use one after another, it is expected that the organic growth of the Group will become stronger day by day, thereby ensuring the continued improvement of the Group's performance.

Tuition fees for new students of the 2020/21 school year recorded impressive growth
The registration of freshmen for the 2020/21 school year has been delayed due to the COVID-19 epidemic. It is still in the admission stage and registration progress is expected to be announced in October. Regarding the tuition fees for new students in the 2020/21 school year, the range of tuition fees for the new students in the 2020/21 school year of the Group's institutions has increased considerably. The higher fees reflect the Group's continuous improvement in school quality. The tuition fees for new students taking undergraduate courses range from RMB 28,000~43,800, recording an increase of RMB 1,000~4,000 YoY; the tuition fee range for new students of junior college to bachelor's degree transfer programs is RMB 27,000~33,000, recording an increase of RMB 2,000~3,200 YoY; the tuition fee range for new students taking junior college courses is RMB 16,500~28,000, representing a general adjustment to increase by RMB 1,000 YoY. It is estimated that the Group's average tuition fee for undergraduates in the 2020/21 school year will be close to RMB 30,000, and the average tuition for junior colleges will be approximately RMB 17,000.

About Edvantage Group Holdings Limited
Edvantage Group Holdings Limited ("Edvantage Group" or the "Group", stock code: 0382.HK) is the largest private higher education group in the Greater Bay Area, and an early mover in education sector in pursuing international expansion. The total number of student enrolments of the Group were 35,444 and the Group owns 5 schools in both China and overseas as of 31 May 2020.

In China, the Group currently operates 2 private higher education institutions in Guangdong Province, namely undergraduate colleges Huashang College Guangdong University of Finance and Economics and Guangzhou Huashang Vocational College, featuring business courses (such as accounting, finance, economics and business English) as the strategic curriculum; In overseas, the Group operates a private vocational education institution named Global Business College of Australia ("GBCA") authorised by Australian Skills Quality Authority (ASQA) in Australia, offering vocational education courses and non-formal short-term courses. GBCA is the first Chinese international education institution approved by the Australian government. In December 2019, the Group has also acquired a private vocational education institution in Singapore, that is, Edvantage Institute (Singapore) ("EIS") (formerly known as NYU Language School), which has been accredited as EduTrust by the Education Department of Singapore. It is qualified to offer internationally-recognised courses and accept local and overseas students in Singapore. Moreover, the Group established a higher education institution Edvantage Institute Australia ("EIA"), which is granted by the Tertiary Education Quality and Standards Agency (TEQSA) in the first quarter of year 2020, and qualified to accept students, offer and award undergraduate and master degrees. It is expected to start students recruitment in the first quarter of year 2021.



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

AppsFlyer Launches Xpend to Provide Marketers Accurate Cost Data at Scale in One Holistic Platform

SINGAPORE, Sep 10, 2020 – (ACN Newswire) – AppsFlyer, the global attribution leader, today announced the launch of Xpend, the company's new cost aggregation product that supports complex schema and data mapping to help alleviate the pain points marketers face due to fragmented cost data. With the industry shifting towards a more aggregate way of measuring marketing efforts, the importance of having an accurate, complete, and actionable cost aggregation solution has become paramount. Xpend covers 100% of marketers' spend data from any source, and provides access to granular data enabling them to act fast on their spending goals, accurately optimize ad spend, and ultimately make smarter and more informed decisions.

"Over the past few years, we've worked with thousands of customers and partners measuring tens of billions of dollars in ad spend through our cost aggregation product. Everything we learned was used to create its next generation – Xpend," said Gal Brill, General Manager – ROI360, AppsFlyer. "We see this product as part of a holistic approach to help our advertisers and partners keep their marketing stack working seamlessly. "Providing aggregate cost data via APIs has become more important than ever before. Through years of experience working with performance marketers, we've built Xpend to solve the data aggregation and normalization challenges that marketers face today. AppsFlyer is well known for providing reliable and accurate attribution data; tying in cost is only a natural next step."

Marketers are familiar with the tedious setbacks associated with fragmented data such as manually entering in weekly spend reports for hundreds of channels and sources, pulling together endless spreadsheets, filling in missing gaps, and correcting wrong data. As marketers strive to keep up with growing scale and data complexity, Xpend allows them to access all of their data in one innovative in-house solution to accurately optimize their marketing spend.

With industry updates focused around privacy and security ahead, using cost data tied to attribution links alone may no longer be considered a reliable solution on its own. This is why combining privacy centric attribution with aggregating cost data directly through API integrations with partner networks is a critical solution for marketers.

"At the core of our customer-centric strategy is keeping our ear to the ground: listening and responding to the industry's pulse. We should know what marketers want and need before they even realize it," said Ronen Mense, APAC President & Managing Director, AppsFlyer.

The exponential expansion of data, coupled with the challenge of managing thousands of channels and networks, has become the number 1 pain point for every marketer. On top of this, the inclusion of currencies has also created an expensive and wasteful problem of information overload. From that point on, we knew we had to develop an industry-first solution.

With Xpend, all of these data points are being pulled into one place, seamlessly housing attribution and cost under one control center. This latest AppsFlyer product offering delivers an accurate, mobile-first compatible, and fully optimized cross-channel experience."

Xpend provides marketers a comprehensive way to access all cost data and streamline it into an ETL (Extract, Transform, Load) process, which aligns various schema of data into a single model that makes the data easy to aggregate, analyze, and optimize. Additionally, Xpend is integrated with 60+ APIs, including Facebook, Google, AppLovin, and recently added Twitter & Tencent Marketing Solutions.

For more information on Xpend, please visit https://www.appsflyer.com/cost-aggregation/.

About AppsFlyer

AppsFlyer, the global attribution leader, empowers marketers to grow their business and innovate with a suite of comprehensive measurement and analytics solutions. Built around privacy by design, AppsFlyer takes a customer-centric approach to help 12,000+ brands and 7,000+ technology partners make better business decisions every day. To learn more, visit www.appsflyer.com.

Media Contacts
Ishina Sakhrani
PRecious Communications on behalf of AppsFlyer
appsflyer@preciouscomms.com
+65 6303 0567

Press Contact For AppsFlyer in APAC
Nico Marco
nico.marco@appsflyer.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Zijin Mining held the Sixth Science and Technology Symposium to Comprehensively Build Technology-led Global Competitiveness

HONG KONG, Sep 10, 2020 – (ACN Newswire) – On 9th September 2020, Zijin Mining convened the Sixth Science and Technology Symposium successfully. Mr. Chen Jinghe, the Chairman of Zijin Mining, put forward the science and technology manifesto of "promoting the Company's global leaping development with scientific and technological innovation as the driving force", indicating that Zijin Mining will fully establish technology-led global competitiveness.

The symposium was attended by distinguished guests, including Mr. Peng Qiming, President of China Mining Association; academicians of Mr. Zhang Wenhai, Mr. Sun Chuanyao, Mr. Qiu Guanzhou, Mr. Cai Meifeng, Mr. Mao Jingwen, Mr. Lin Jun, Mr. Chai Liyuan and Mr. Xu Zhenghe; Mr. Zhang Yongtao, Vice President of China Gold Association; Mr. Zhou Shiju, Deputy Director of the Science and Technology Department of Fujian Province; municipal and county-level officials of Mr. Zhang Guowang, Mr. Xie Haibo, Mr. Fu Cangrong and Mr. Wang Bo; as well as representatives from Guidance Center for Mineral Exploration Technology of the Ministry of Natural Resources, Department of Natural Resources of Fujian Province, Fujian Association for Science and Technology, Fuzhou University, Jimei University, Kunming University of Science and Technology, Jiangxi University of Science and Technology, research and design institutions at home and abroad as well as cooperative units. Mr. Zou Laichang, President of Zijin Mining, presided the opening ceremony of the symposium. Mr. Jiang Kaixi, chief engineer of Zijin Mining, reported on the scientific and technological work.

Technology creates and recreates Zijin Mining. For more than 20 years, Zijin Mining has sticked to scientific and technological innovation as its primary driving force, becoming one of the few multinational mining companies around the globe equipped with autonomous system technology and engineering management capabilities, with relatively well-established scientific research system and practice platform. Zijin Mining pioneered the mining project management model of "integrating five ore treatment processes into one" and realised coordinated research and full process control on five procedures of geological prospecting, mining, processing, refining and environmental protection, achieving the maximisation of economic and social benefits and promoting the continuous implementation of management and technological innovation concepts. From learning to leading, Zijin Mining has formed the core competitiveness and comparative advantages of the enterprise, which have strongly supported the rapid development of various businessess of the Company.

Mr. Chen Jinghe, the chairman, delivered a speech at the opening ceremony. He highlighted that "scientific and technological innovation creates Zijin" is a lively depiction of Zijin Mining's development history in the past 20 years. Scientific and technological innovation has become a powerful driver for the Company's high-speed development, and scientific and technological workers are the pillars forming the Company's core competitiveness.

Looking ahead to the future, Mr. Chen Jinghe pointed out that uncertainty in the current global politics and economy increases. However, position of the mining industry, which is a fundamental industry, has not changed and still remains relatively stable. Furthermore, owing to substantial rise in investment costs and costs of obtaining mineral resources, the prices of mineral resources are likely to stand firm. Zijin Mining is determined to become a tier-one metal mining company with global competitiveness, which is the glorious mission and vision of the Company. The Company must speed up the conversion of advantage in resources into advantages in products and efficacy, which is the most crucial and core task at present.

Firstly, Zijin Mining will drive for scientific and technological innovation with a global vision and new mindset. The Company will pursue scientific and technological innovation from an even higher starting point, and strive for excellence above international standards. Its project management model of "five ore treatment processes into one"will be applied and promoted more extensively. Efforts will be made to further uncover super-large deposits of significant market value, and achieve technological breakthroughs in the use of deep shafts for efficient, cost-saving and safe mining. In addition, research and application of eco-friendly processing and refining technology will be focused on to realise the goal of green and eco-friendly development in both of the Company's domestic and overseas projects.

Secondly, Zijin Mining will emphatically develop a highly fitting, globalised mechanism for operation and management which is supported by science and technology. Treating science and technology as its most important support and guidance in the pursuit for globalisation, the Company will push for deeper reforms in a steady manner. It will accelerate informatisation and intellectualisation of mines, and drive for reforms in quality and efficiency. It will also remain committed to a new path for innovation which is created by its own and bears unique Zijin characteristics, as well as attaining breakthroughs in core and critical technology in shorter timeframe. To live up to its determination of creating an open environment for scientific and technological innovation, the Company will promote exchanges and cooperation with external parties and join forces with various sectors to achieve powerful scientific and technological developments. Furthermore, in order to expeditiously build a new talent base with technical expertise, the Company will reach out globally to explore for acquisition of, or cooperation with high-tech companies that have a strong talent powerhouse.

Thirdly, Zijin Mining will formulate globalised, pragmatic talent development policies with Zijin characteristics. The Company will introduce advanced, veteran and outstanding talents in the science and technology field and young elites from around the world. Leveraging on its various projects across the world, the Company will encourage talented employees to work at the "frontline of the battlefields" to achieve mutual growth with Zijin Mining and realise their personal value. Taking value creation and market standards as the criteria for assessment, it will accelerate the formulation of a global, value-creation focused talent development strategy.

Fourthly, a global Zijin culture will be developed with full efforts. Having strong faith in its own culture, the Company will seek integration with the excellent culture of the localities where its projects operate, weave Zijin Mining's excellent corporate culture and core values deeply into the fabrics of the enterprise, insist on the core value of mutual development, and, in the course of developing its business, allow its employees the opportunities to realise their personal strength as well as benefit the countries, communities and business partners that are relevant to the Company's operations.

Mr. Zhang Guowang, Vice Secretary to the municipal Party Committee and acting mayor of Longyan City, and Mr. Zhou Shiju, Deputy Director of the Science and Technology Department of Fujian Province, delivered warm and robust speeches at the symposium. They congratulated the successful convention of the symposium, fully recognised Zijin Mining's achievements in scientific and technological innovation, and provided invaluable advice and guidance on Zijin Mining's future implementation of scientific and technological innovation strategies, as well as the importance of scientific and technological innovation in leading future development.

At the symposium, commendations were given to Zijin Mining's outstanding leaders, team members, workers and collaborators who specialise in the field of science and technology, as well as the outstanding projects and their representatives. The symposium was broadcasted worldwide online.



Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HR Tech Festival Asia Online 2020 Unites the HR Community in Asia to Navigate the New Era of HR and People Management

SINGAPORE, Sep 9, 2020 – (ACN Newswire) – Covid-19 has become the accelerator for one of the biggest workplace transformations of our lifetime. Fundamentals have changed and the future is driven by smart technologies and leadership agility for organizational success. HR Tech Festival Asia Online 2020, organized by HRM Asia, is the platform to unite regional HR leaders and industry professionals across all sectors to rethink, reimagine and transform their navigation strategy to spur post recovery and cope with the new norm.

The dynamic three-day event expects 5000 C-suite and HR practitioners to convene online on 29 September – 1 October 2020 to learn from 70 thought leaders and explore the latest technology and solutions from international HR technology brands.

"Year 2020 is an exceptional year that herald in the new era of HR and the workplace. To show solidarity with the HR community, we have decided to offer complimentary access to our flagship event, HR Tech Festival Asia Online. Our event provides a conducive platform for business leaders and HR practitioners to engage in active discussions on building the workforce for the new norm." says Joanna Bush, Managing Director of HRM Asia.

Navigate the new era of HR and the workplace through knowledge exchange

With 70 thought leaders sharing their HR strategy and prediction on the future of work in the new era of HR, the conference addresses the pertinent trends and best practices around 8 topics – Technology, Communication, Leadership, Employee Experience, Learning & Development, Recruitment, Wellbeing, and Diversity and Inclusion. Attendees can also expect to glean insights on the macro development within the region from the ASEAN Future of Work conference track, where the Singapore Ministry of Manpower and tripartite partners will share their vision to build a future-ready workforce.

"Readying our businesses and workforce for the future of work is a crucial step to realising ASEAN's economic potential. The addition of a new conference track on the ASEAN Future of Work seeks to enhance Singapore's contribution to ASEAN's continued social dialogue and capability building to achieve inclusive and sustainable growth for our people," said Mrs Josephine Teo, Minister for Manpower and Second Minister for Home Affairs.

Industry luminaries and thought leaders to look out for include:

– Josephine Teo, Minister, Ministry of Manpower and Second Minister, Ministry of Home Affairs, Singapore
– Zaqy Mohamad, Senior Minister of State, Ministry of Defence and Ministry of Manpower, Singapore
– Dr Ha Thi Minh Duc, Deputy Director General, International Cooperation Department, Ministry of Labor, Invalids and Social Affairs, Viet Nam
– Chihoko Asada-Miyakawa, Regional Director for Asia and the Pacific, International Labour Organization
– Josh Bersin, Global Industry Analyst, Dean, Josh Bersin Academy
– Dave Ulrich, Professor at University of Michigan and Partner, RBL Group
– Brian Sommer, Founder and President, TechVentive Inc.
– Pambudi Sunarsihanto, Human Resources Director, Blue Bird Group
– Elisa Mallis, APAC Managing Director, Center for Creative Leadership (CCL)
– John Sumser, US-based Futurist & Technology, Commentator

Innovations and technologies to support organisations to rethink and transform HR strategies

Attendees can look forward to exploring more than 50 international exhibiting companies, the largest online gathering in Asia. These leading international brands will be showcasing their latest technologies and HR solutions that can help organisations chart their new course in navigating the change in people management and the new era of HR. Technologies and products on offer cover the entire spectrum of HR and attendees can engage "face-to-face" with the exhibitors for a live product demonstration via the event platform. Returning brands and new partners include ADP, Ascender HCM, Cornerstone OnDemand, First Advantage, Globalization Partners, Grab for Business, Pymetrics, SkillSoft, SumTotal, Qualtrics and Workforce Singapore.

The exhibition also features a Start-up Zone which offers attendees a glimpse into the future where innovative solutions and upcoming technology may emerge as the new norm of the future. Start-ups at the zone include ePaySlip, Haury Solutions, IoTalents, MindFi, Panalyt, Smart WFM and more.

Seminar sessions at PowerTalks offers an opportunity for attendees to enrich their learning through the case study and HR technology application sharing from the exhibitors.

Recognising HR excellence across Asia and fostering innovation

Celebrating the outstanding achievements of the region's top HR leaders, companies and teams, HR Fest Award 2020 (29 September) will see 33 finalists to vie for the top award in six different categories namely:

– Employer Of Choice
– HR Team Of The Year
– Best HR Leader (Individual award)
– Best Use Of Technology
– Best Workplace Culture And Engagement (<500 Employees)
– Best Workplace Culture And Engagement (>500 Employees)

Besides recognising HR excellence in Asia, HR Tech Festival Asia Online also serves as a platform that fosters innovation through the HR Tech PitchFest. This pitching competition offers emerging start-ups and entrepreneurs the opportunity to pitch their innovative and disruptive ideas to a multi- disciplinary panel of HR practitioners and business leaders. Attendees can join the excitement and look out for the most innovative 16 start-ups compete for the final 5 spots to pitch in front of a panel of four judges for a chance to win from a prize pool worth USD100,000.

"The HR Tech Festival Asia Online 2020 is the ideal platform for practitioners in human development to find out what's new across ASEAN. If you are in HR, consulting, L&D, CSR or in a career transition, you will find out how HR Tech Festival Asia event contributes to your success. ASEAN Human Development Organisation is looking forward to network and share ideas on the future of work, leadership, organisational change and how to meet ASEAN's human challenges." says Dr Bob Aubrey, Founder and Strategic Advisor of the ASEAN Human Development Organisation

HR Tech Festival Asia Online is proud to partner with ASEAN Human Development Organisation and its regional HR association members and organisations to curate the event to meet the needs of the HR profession and contribute to the development of the profession. Access to the event is complimentary for HR professional in Asia.

HR Tech Festival Asia Online 2020 will take place from 29 September-1 October 2020 from 10am-4pm (GMT +8) daily. For more information, visit www.hrtechfestivalasia.com.

About HRM Asia

HRM Asia is a multi-platform network helping to build and celebrate the professional HR community in Asia-Pacific. Across our dedicated print magazine, digital content, and world-class events, we provide an array of thought-leading HR discussion and information to HR professionals of all ranks in Singapore and across the region.

HRM Asia is proudly owned by LRP Publications. LRP Publications is a broad-based media company serving business and education professionals. Specialising in the fields of education administration, education law, education technology, federal employment, human resources, workers' compensation and disability, and ergonomics, the company publishes hundreds of books, pamphlets, newsletters, videos and online resources.

For more information, please contact:

Chua Yee Ling
Marketing Director, HRM Asia
+65 6423 4631, yeeling@hrmasia.com.sg

Elaine Lee
Marketing Manager, HRM Asia
+65 6423 4631, elaine@hrmasia.com.sg


Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com