Opening Ceremony of '2019 Chuncheon Mak-guksu&Dak-galbi Festival'
'2019 Chuncheon Mak-guksu(Buckwheat Noodle)&Dak-galbi(Spicy Stir-fried Chicken) Festival' hosted by Chuncheon City was started from June 11th. The major officials including Chuncheon City governments, members, and parliament members attended to officially announce the opening at 7 PM. At the opening ceremony, Hong-ja, Ji-won, Suk-haeng from the popular competition program 'Miss Trot', as well as the winner of the program, Song Ga-in, gave performances. During the festival, a variety of programs such as orchestra, fireworks shows, and fan signing event and concerts of the actor Jung Jun-ho, who is working as a public ambassador for Chuncheon City, are held. At this time, nighttime performances will be closely monitored to reduce the inconvenience of residents around the festival grounds. ▲ The opening ceremony of '2019 Chuncheon Mak-guksu&Dak-galbi Festival', which was prepared with an organizing committee system and is rising as Chuncheon's best festival, was held at 7 PM on June 11th. ▲ Hite Jinro participated as a main sponsor, and the order of revealing the sponsorships was preceded at the beginning of the event. ▲ The officials including the mayor, city assembly president, national assembly members, and representatives from organizing committee attended the event to celebrate the successful opening. ▲ With the opening ceremony, the six-day festival began in earnest.
CTO Moon-Ok Cho, “Hdac Will Boost the Korean Industry in the Era of Fourth Industrial Revolution with the Blockchain Technology”
The blockchain has been regarded as the core technology that will lead the fourth industrial revolution, but there is a sharp contrast between the conflicting views on the blockchain technology in Korea. Large companies such as Samsung, Kakao, and SKT have already made dedicated blockchain teams/departments and announced their own business models. However, there is still no government policy to encourage them. In the face of these domestic situations, there is an indigenous company that has entered the blockchain industry as a global player. Dae-Sun Chung, CEO of Hyundai BS&C, a third generation of Hyundai Group, founded Hyundai Pay, a Fintech company in December 2016, and established Hdac Technology, a blockchain technology company in Crypto Valley, Switzerland, in October of the following year to respond quickly to IT trends. Hdac, which unveiled its MainNet in May 2018, pursues a blockchain technology company that can pervade every aspect of markets and industries based on the technology development strategies prioritizing commercialization. For this, Hdac will provide services from blockchain-based B2C services, including a simple payment service or a smart home, which can be easily used by ordinary users to enterprise blockchain solutions that will bring innovation to the industrial field through convergence with innovative technologies such as IoT, AI, FinTech, and Big Data. Hdac said in the press conference in March that it plans to launch a blockchain-based simple payment service and P2P asset-trading service. In addition, the Hdac Enterprise Blockchain Solution can be applied to a wide range of industries including construction and real estate sectors such as smart home, manufacturing sectors such as electronic contracts, purchasing, and production history management, and financial and distribution sectors such as membership points and remittances. Moon-Ok Cho, CTO & CSO of Hdac, in charge of a helmsman as a strategic and technical supervisor in Hdac, which has begun to blow the blockchain innovation in various fields, emphasized the visions for blockchain ecosystem through the interview with ACROFAN. Q1. What do you think about the current status of the domestic blockchain industry? It is true that the domestic cryptocurrency market had been so hot that the so-called ‘Kim-P (abbreviation for ‘Kimchi Premium’, which means that the market price of the domestic cryptocurrency is higher than that of the foreign cryptocurrency) was coined. The abstruseness of the blockchain technology and coin economy brought scammers and speculative forces, and also various negative effects. Due to the speculative frenzy started before the blockchain proved its usefulness, the misunderstandings to view blockchain and cryptocurrency as the same concept, as well as negative publicity about cryptocurrency, have stiffened. Fortunately, domestic companies are doing well. The reason why the blockchain industry in the whole world is paying attention to the Korean market is not just about 'Kimchi Premium'. There have been companies that challenge entrepreneurship in an environment that is not friendly, and I believe that the efforts and intentions of these companies are the driving force for putting Korea in the position of a blockchain powerhouse. In recent years, large corporations in Korea have been making efforts to foster relevant businesses such as building a dedicated blockchain organization, which is a very encouraging phenomenon. Q2. What do you think about a lot of skepticism about the impact of blockchain? A blockchain is a technology that makes transaction information into data blocks and links them, and it prevents data from being forged or falsified through distributed computing method. Therefore, it is the best way to apply to finance or payment services for enjoying the technical characteristics of blockchain. However, these areas are closely related to the national economy and governance of governments, and as such, they are strictly controlled at the national level. That's also why the government takes time to prepare related laws and regulations. However, companies are limited to the development of related business until the institutional framework is established. In addition to financial and payment services, there are areas which can take advantage of the technical characteristics of the blockchain such as services managing important documents including copyrights, legal documents, and contracts, and industrial areas including logistics and trade. Especially, when blockchain is applied to supply chain management (SCM) area, it is expected that the effective value for all the supply chain participants will be very great. In the process of supply, from raw materials to manufacturers, wholesalers and finally end consumers, many processes exist and participants with various roles are involved. The only technology that guarantees the reliability, security, transparency, and scalability of the data generated here is blockchain. The cost reduction by simplifying unnecessary verification procedures and manual work is the main aspect, and the power of the blockchain, combined with technologies such as IoT, cloud, and AI, will be enormous. Q3. It has been quite a while since Hdac had collected substantial funds through ICO in 2017. Isn’t there any materialized business yet? The story of collecting 300 billion won in ICO follows us, but the price was based on the time when the Bitcoin price was over 20 million won. Now, since the bubble has burst, it is time to pay more attention to every step. As we avoid ‘showing off’ marketing activities that deceive people’s eyes and ears like some other blockchain projects, it might have seemed that there is no materialized content, but it is not true at all. Hdac is working diligently and steadfastly to be worthy of the title 'Hyundai Group' and is carefully executing budgets to avoid waste of the funds. As stated at the press conference held in March, Hdac has completed or is carrying out multiple POC projects for Hyundai group companies in various industries. In the public sector, discussions on the actualization of business are underway since the signing of MOU between Busan City and Hyundai Pay in February, and there are still many other things that have not been disclosed yet. I would like to take this opportunity to say that Hdac has worked with Hyundai Heavy Industries to complete the POC for applying the blockchain to the existing electronic contract system, and is currently negotiating the contract of the further project. Q4. It seems that the government still has not decided responses to blockchain. What do you think about it? As long as the blockchain provides the ability to issue a cryptocurrency, it is, in fact, desirable for the government to be cautious about this. It is true that the negative effect of the speculative frenzy of cryptocurrency was considerably big, but the time given to a player in the IT competition is very short. Because the whole world is competing in real time without the border and day and night, it is likely to miss the 'Golden Time'. I think a cautious decision does not necessarily to be long. The operating system installed in most smartphones around the world is Android which was developed by Google and first launched in 2008, or Apple's iOS first announced with iPhone in 2007. Now, even if an outstanding operating system is developed by a Korean company, I think it is almost impossible to go through between them. No one will want to use an operating system that does not have an available app, and no developer will develop an app for an operating system without a user. The similar situation can occur in the blockchain. A major global IT company, Oracle's vice president of the blockchain development group, said in a recent media interview that more than half of the world's enterprises will use blockchain technology in three years. If we cannot avoid blockchain as it is the current of time that cannot be defeated, it may be better to prevent the side effects by putting it in the system. Furthermore, I believe that 'post-Android' could be a blockchain platform developed by a Korean company if the government provides a promotional policy for Korean companies to lead the global market in the long period. Q5. How do you foresee the trends of blockchain market for the next five years? While international standards are important, 'De Facto standards' are more important in the IT field. There are a number of international standards organizations such as IEEE, W3C, GSMA, and ISO, but now, the technologies and services created by open-source projects and companies based on them, Google or Amazon for example, becomes the standards. In other words, when people use it a lot in the real market, it becomes the standard, and we must be able to lead this de facto standard. At present, I think that Etherium is the closest to the de facto standard. Various technology standards starting with ERC become projects, and many developers voluntarily gather here to create a strong ecosystem based on spontaneity. It may be due to the technical superiority of Etherium, but the advantages of 'what people use most' are great. The more users there are, the easier it is to get relevant information. Also, a lot of information will make it easier for new users to come in. It is difficult for such an ecosystem to form in a short time. From this point of view, the future of the blockchain market is likely to become a battle for hegemony. However, it is not easy for followers to take the lead in platform competition, because it depends on how many people use it, rather than how well a particular blockchain is technologically superior. As such, long-term and aggressive promotion policy of the government is urgent. I went to MWC held in Barcelona this year. Although IoT, AI, 5G were the mains, it was not difficult to find companies preparing blockchain technology everywhere. I thought that the blockchain would be in the overall IT industry with IoT and AI at a point in the near future. Blockchain somehow got the spotlight a little early, but it is starting now. Ju-yung Chung, the founder of the Hyundai Group, always said, "Hey, have you ever tried to do it?" I think it is a spirit of the times that we all have to remind ourselves of. ### Moon-Ok Cho, CTO & CSO of Hdac, in charge of a strategic and technical supervisor in Hdac Technology and Hyundai Pay, is a representative FinTech specialist in Korea, who was responsible for ‘T Pay,' the mobile payment service of SK Telecom. In early 2010, he was attracted to the potential of a service model that combines blockchain and FinTech by encountering the blockchain technology for the first time through Hoh Peter In, a professor at Korea University’s Blockchain Research Institute. Moon-Ok Cho is the first-generation architect who introduced SOA(Service Oriented Architecture) to Korea at the time of working at Samsung SDS. Taking the first step into the IT industry as a developer, he has a higher level of understanding and experience than anyone else in both IT and finance, the core attributes of blockchain technology. Recently, he has written a book on Hyperledger development which is to be published.
Hdac Technology Develops New Protocol, Strengthens Enterprise Solution, and “EXPANDS” into FinTech Business
Hdac Technology, a technology company of hybrid blockchain project 'Hdac', announced its business strategy and technology development roadmap at Grand Intercontinental Seoul Parnas Hotel in Seoul, Korea, on March 13. It was announced that Hdac Technology is designed as an enterprise architecture where a hybrid blockchain project 'Hdac' can reflect the needs of diverse industries. It will also revitalize DApp ecosystem with enterprise blockchain service and develop the FinTech business led by HyundaiPay. In the first quarter of 2019, Hdac Technology plans to complete the SDK(Software Development Kit) and API (Application Program Interface) development to establish an enterprise solution development environment and secure a framework. Particularly, by aiming at DevOps, the firm will support rapid and easy development, deployment, testing, and distribution of Hdac-based blockchain infrastructure. In addition, it will actively explore DApp with growth value and act as an accelerator, thereby realizing the increasing value of Hdac and building a platform that can fully cover the ecosystem. The goal is to provide a Blockchain-as-a-Service (BasS) solution that can easily and conveniently build and operate infrastructure and services based on blockchain, even if the company is not a blockchain specialist. Hdac Enterprise Blockchain Solution can be used in a variety of fields ranging from construction and real estate areas, such as smart home and P2P transactions, manufacturing areas including electronic contracts, purchases, process emergency detection, and production history management to finance and distribution areas using membership points or prepaid cards. ▲ Michael Yoon, CEO of Hdac Technology and HyundaiPay (Photo by Hdac Technology) ▲ Moon-Ok Cho, CTO of Hdac Technology (Photo by Hdac Technology) Moon-Ok Cho, CTO of Hdac Technology introduced the plans of Enterprise Blockchain Solution. “In about March or April, Bridge Node, which connects mainnet and a DApp partner’s mainnet, will be released so that DApp partners can develop smart contracts. In the mid to long term, we will evolve mainnet itself to a scalable platform for attracting more DApp partners. What’s more, we are looking into cooperation with global cloud providers to provide the best enterprise blockchain for enterprise customers and to secure global market competitiveness.” In addition, he added, “With the aim of properly packaging blockchain solutions on a framework unit to combine legacy systems that have been maintained and blockchain, we are at the stage of conducting private block chain testing and POC(Proof of Concept) in the industry domain of Hyundai. We are preparing a BasS(Blockchain-as-a-Service) solution that combines blockchain technology with global cloud providers such as Amazon and Microsoft. We expect 2019 to be the first year to lay the foundations for advancing both domestic and global business.” Smart Factory enables application and implementation of various new IT technologies such as AI, IoT, cloud, and blockchain by converting data generated at the manufacturing site into big data. Currently, the firm is in the stage of executing POC with Hyundai-affiliated manufacturing-based companies and considering Smart Factory business that controls various factory facilities and machines and collects data through combination with AI and IoT technology based on blockchain. ▲ Hdac Enterprise Blockchain Solution can be applied across a wide range of industries. ▲ Wallet Service provides a two-sided (user and biz partner) integrated service as a platform for various FinTech services. FinTech business, which is headed by HyundaiPay, is based on offering a payment service that can use cryptocurrency conveniently in daily life. Unlike Switzerland-based Hdac Technology, HyundaiPay is operated as a domestic corporation, so Michael Yoon and Moon-Ok Cho, CEO and CTO of Hdac Technology, are also CEO and CSO and HyundaiPay at the same time, respectively. As for FinTech business based on blockchain, the firm will first expand its business centered on the killer services including Prepaid Point Payment Service and Real Estate P2P Service and secure customers at the same time. After that, it will create a user-friendly Wallet Service platform for actively targeting FinTech market. Prepaid Point Payment Service, which is the core, can be used for simple remittance, on/offline merchant payment, smart home service, and simple payment after issuing a prepaid point, “H point (tentative name)”, with Hdac Coin. The “H point” will be evolved as a stable coin in the future. The charging means includes not only Hdac Coin but also various cryptocurrencies, affiliate points, and account cash transfer. By the fourth quarter of this year, the firm plans to provide gift card purchase services such as department store gift cards and Gifticon, and QR code payment service in retail stores. Moreover, by the first quarter of next year, it plans to expand its use by providing simple payment service at mobile/online shopping malls and payment service of electricity and gas bills at the luxury apartment brand, 'HERIOT', of Hyundai BS&C. Real Estate P2P (Peer-To-Peer) Service will provide profits to investors by selecting real asset products such as real estate. It is composed of investment product guide, product evaluation, credit evaluation of business operator, education, consulting, etc. It prepares FinTech product based on real assets to guarantee stable profit rate to users. In particular, it is planned to provide a blockchain-based P2P platform that enables easy management of real assets and reinvestment into various types of assets in connection with the Prepaid Point Payment Service. In the future, it will be expanded to P2P financial services based on various assets. Furthermore, Hdac Technology will showcase Wallet Service, which will be an upgraded version of the existing Hdac Wallet as a FinTech service platform for end-users and business partners. As any complicated authentication procedure has removed, it is to provide an easy and convenient blockchain-based integration service that allows the general users who do not know the blockchain to quickly register by using only their phone numbers. Wallet Service will provide multi-chain wallet, simple remittance, simple payment, point charging function including two-sided (user and biz partner) integrated service as a platform of various FinTech service as well as user's simple and friendly user experience. It will be conducted in a form of portal service that supports Prepaid Point Payment Service and Real Estate P2P Service. When the environment is created, personalization services will be prepared through AI or data analysis. On the other hand, it was announced that Prepaid Point Payment Service, Real Estate P2P Service, and Wallet Service are all in the process of launching businesses within the year. ▲ Hdac is a hybrid blockchain platform that integrates public and private blockchains. Hdac is a hybrid blockchain platform that integrates public and private blockchain and is designed as an enterprise architecture that combines blockchain and IoT to reflect the needs of various industries. Hdac blockchain core framework includes elements such as consensus algorithm, blockchain, cryptocurrency, P2P transaction, security, VM, and smart contract. Based on this, the functions for B2C business service including Wallet, Explorer, node, mining, ePOW in the mainnet, which is a public blockchain service area. In a private blockchain area, the functions for B2B business such as access and management of channels, DevOps environment for development and operation at the same time, off-chain environment linking the existing legacy data or heterogeneous systems, user membership function with access to blockchain, and operational governance function. Hdac Technology also announced that the Bridge Node, which can compose a separate side chain for the enhancement of DApp ecosystem, will be released by the end of March after finishing its development, inner integrated testing, and verification work. Bridge Node provides off-chain scaling by connecting the mainnet’s core and the side chain core of DApp partner’s mainnet and adding a layer that deals with the contract. It also includes a private key that identifies the individual, allowing the owner of the contract, which occurs on Hdac blockchain, to be clearly seen on the mainnet. This enables audit trail of contracts to ensure reliability and scalability. With the application of Bridge Node, Hdac mainnet will be able to provide three services: Token Service, Contract Service, and Scalability. Token Service can issue tokens through Bridge Node or interchange with Hdac, and record the result of the operation through the contract to Hdac mainnet while maintaining the consensus algorithm defined in each blockchain. Contract Service enables issuance and management of new tokens and provides contract functions as well as Scalability that can design various multi-chains based on Hdac mainnet into an independent governance and chain economy by using bridge node. ▲ An architecture diagram of Bridge Node-based DApp Ecosystem ▲ The private blockchain sector is also negotiating a partnership for BaaS business. Hdac Technology stated that it started the R&D of a new protocol ‘HPOS (tentative name)’ to upgrade existing ePoW, Hdac’s consensus algorithm, to PoS(Proof of Stake)-based consensus algorithm for effective network operation of Hdac mainnet. PoS is a category of consensus algorithm of public blockchain based on the economic stake of the inspectors in the network. It has an advantage of improving energy efficiency compared to a consensus algorithm with mining method, which is a consumptive competition method. In addition, because a certain punishment is possible for actions against the utility and accuracy of the network and disturbances of networks, it becomes possible to freely design about network attacks and to maintain the economically safe-network security. In order to develop this new protocol, the development team of Hdac Technology is communicating globally through the meeting with Joseph Lubin, the Co-Founder of Ethereum, as well as development team of Ethereum POS protocol. The team will pursue a comprehensive partnership such as joint R&D and business collaboration. Hdac also initiated research into issuance technology of security token according to the token specification based on the ERC-1404 standard, and announced that it is studying smart contract on token issuance, transaction, and white labeling processing under legal restrictions . “We will provide a Blockchain-as-a-Service (BaaS) solution that can easily and conveniently build and operate infrastructure and services based on blockchain, even if it is not a blockchain specialist. What’s more, we are looking into cooperation with global cloud providers to provide the best enterprise blockchain for enterprise customers and to secure global market competitiveness” said, Moon-Ok Cho, CTO of Hdac. He added, “We are currently developing a private blockchain framework based on the Enterprise Ethereal Alliance (EEA). In addition to the round-robin method, we will review and develop various consensus algorithms such as PBFT (Practical Byzantine Fault Tolerance), expand DevOps tools, and release a private framework including SDK in the first half of this year.”
[COMPUTEX 2019] Computex 2019 International Press Conference & AMD’s Lisa Su Keynote
COMPUTEX 2019, co-hosted by Taiwan External Trade Development Council (TAITRA) and Taipei Computer Association (TCA), will be held at Taipei Nangang Exhibition Center (TaiNEX), International Convention Center (TICC), and World Trade Center (TWTC) from May 28 to June 1. It will present the latest technology trends with five key themes: Artificial Intelligence (AI) and Internet of Objects (IoT), 5G, Blockchain, Innovation and Startup, and Gaming and Extended Reality (XR). Various events including the exhibitions such as SmarTEX and InnoVEX and the forums such as Computex Forum and 5G Summit will be prepared. On 27th, the day before the opening of Computex 2019, the ‘International Press Conference & CEO Keynote’ was held. At the CEO Keynote, which was first added from this year, AMD President and CEO Dr. Lisa Su attended and introduced the new products: the 2nd generation AMD EPYC datacenter processor ‘ROME’, the first lineup of Radeon RX 5000-series Navi graphics cards ‘RX5700’, and the 3rd generation AMD Ryzen desktop processors family including 12-core Ryzen 9 3900X processor. At the International Press Conference, Walter Yeh, President and CEO of TAITRA, introduced about COMPUTEX 2019. “Computex targets to create a synergy of global and local resources to provide a comprehensive platform for technical exchange and collaboration, innovative thinking, and resource integration. This year, in addition to expanding the scope of InnoVEX, TAITRA will contribute to innovation by forging a stronger connection between Taiwan’s industry and global resources. With its global partners in the ICT industry, Computex will transform the world,” said Walter Yeh. ▲ Computex 2019 International Press Conference and CEO Keynote was held. ▲ President and CEO of TAITRA, Walter Yeh ▲ Computex 2019 has increased about 10% from last year, and it presents innovative standard of ICT every year. Walter Yeh first introduced about the events and exhibitions of ‘Computex 2019’. A total of 1,685 exhibitors showcase their technologies in 5,508 booths, which is a near 10% growth from last year. On the opening day, Intel Senior Vice President and General Manager of the Client Computing Group Gregory M. Bryant will discover how the company is transforming intelligent computing for data-centric world. On the second day, the Microsoft Keynote Forum will offer a look into new intelligent cloud and intelligent edge advancements by Microsoft Corporate Vice president Nick Parker. In addition, the much anticipated Computex Forum and InnoVEX Forum will respectively focus on “Pervasive Intelligence” and “Connecting Global Startups with Taiwan’s Advantage”. The Taipei 5G Summit on 30th will give an in-depth perspective on the latest technology and industry trends. Also, to help its international partners expand business opportunities, the summit will lead discussions in 5G market development opportunities, technology, and innovative applications. As for the exhibition, a Cyber Security & Video Surveillance exhibition area is newly created to display the latest computer vision technology and market opportunities. InnoVEX, with 20% more exhibitors this year, is relocated to TWTC Hall 1 to provide more room for displays, pitches, and matchmaking. Also for the first time, a charity esports event, ZOTAC CUP Fight for Charity LOL Tournament, will be held at Computex. ▲ AMD President and CEO Dr. Lisa Su ▲ More than twice the performance difference was shown at the first public demo of the 2nd EPYC Processor ‘ROME’. Next, at the CEO Keynote, Dr. Lisa Su presented and demonstrated a variety of 7nm computing and graphics products. Through this new product, AMD will deliver new levels of performance, features and experience to PC gamers, enthusiasts and content creators. The first product to be released is the 2nd generation AMD EPYC datacenter processor ‘ROME’. Until now, since 2017 when EPYC processor was launched, more than 60 EPYC platforms have been produced on the strength of the features adequate to datacenters and cost-effectiveness. It is also emphasized that more than 50 EPYC processor-based cloud instances were produced to create a huge cloud environment in the datacenter business. Dr. Lisa Su introduced ‘Frontier’, an exascale supercomputer featuring AMD EPYC CPU and Radeon Instinct GPU, which is expected to be the world's fastest supercomputer with speeds of up to 1.5 exaFLOPS. At the event, a public competition demonstration of the 2nd generation AMD EPYC server platform was conducted, and the 2nd generation AMD EPYC processor-based prototype server performed more than twice as well as the competitor. It is expected to deliver more than twice the performance per socket and four times more floating point per socket compared to the previous generation. It will be available in the third quarter of this year. ▲ Gaming architecture RDNA is based on a compute unit design to increase efficiency, provide pleasant gaming performance, low latency and low power. ▲ Detailed information on Radeon RX 5700 can be found at AMD E3 live streaming on June 10 at 3PM PDT. Moreover, AMD unveiled a new gaming architecture RDNA for future PC gaming, consoles and the cloud. Based on the new compute unit design, RDNA will deliver improved performance, power and memory efficiency compared to the previous generation of Graphics Core Next (GCN). It provides 1.25 times better performance per clock to GCN and up to 1.5 times better performance per watt, giving gamers the benefits of more pleasant gaming performance, lower latency and lower power. This 7nm RDNA is a basis of ‘Navi’ chipset, and AMD’s new Radeon RX 5000 GPUs feature ‘Navi’. At the keynote, Dr. Lisa Su introduced RX 5700 series, which is the first lineup of RX 5000. Through the game ‘Strange Brigade’, the demonstration of Radeon RX 5700 series GPU that supports high-speed GDDR6 memory and a PCIe 4.0 interface showed that it has much higher performance than the competitive product. The AMD Radeon RX 5700 Series graphics card will be available in July 2019, and its detailed information will be revealed on AMD E3 Live Streaming on June 10 at 3 PM PDT. What’s more, Dr. Lisa Su discussed AMD high-performance computing and graphics ecosystem with industry leaders including Roanne Sones, GM of OS Platforms at Microsoft, Joe Hsieh, Global VP of Asus, and Jerry Kao, VP of Acer. She emphasized, “We have continued our strategic investment in the next generation core chiplets and are providing 7nm products to high-performance computing ecosystems with improved process technology. Also, AMD is excited to be working with industry partners to showcase the next generation of the Ryzen desktops, EPYC server processors and Radeon RX gaming card at Computex 2019.” ▲ The 12-core, 24-thread processor, ‘Ryzen9 3900X’, offers higher performance at lower power than the competing product. ▲ Specifications and Pricing of 3rd Generation AMD Ryzen Processor Family Finally, Dr. Lisa Su released a third-generation AMD Ryzen desktop processor that delivers breakthrough performance for gaming, productivity and content creation applications. The third-generation AMD Ryzen desktop processor, based on the new ‘Zen 2’ core architecture and AMD’s chiplet design, has improved performance in all applications by 15 percent more IPCs (Instructions Per Cycle). More than twice the size of the cache reduces the memory latency to provide a pleasant gaming experience. It also delivers the fastest speed with more than double the floating point performance. Besides, all third-generation Ryzen desktop processors support the world's first PCIe 4.0, providing the latest motherboard, graphics and storage technologies to PCs. The third-generation AMD Ryzen desktop processor family consists of 6-core Ryzen5 models (3600, 3600X), 8-core Ryzen7 models (3700X, 3800X) and a 12-core Ryzen9 model (3900X). The 8-core, 16-thread Ryzen7 3700X operates at up to 4.4GHz with thermal design power (TDP) of only 65W, the 3800X operates up to 4.5GHz and consumes 105W. The 3800X is introduced to show 34% better performance than the previous generation, 2700X. A flagship Ryzen9 3900X, which is the first personal desktop processor to have 12-core and 24-thread, operates at up to 4.6 GHz and consumes 105W, equivalent to 3800X. Dr. Lisa Su stressed that the 3900X has a single core speed of 14% faster, multi-core speed of 6% faster, and a power consumption of 60W less than the competing product. The price of Ryzen9 3900X is $499, Ryzen7 3800X is $399, 3700X is $329, Ryzen5 3600X is $249 and 3600 is $199. The official launch will be July 7, 2019. ▲ After the presentation, Dr. Lisa Su and the officials from AMD's partner companies gathered together to take a commemorative photo.
Rostec to finance civil aviation projects with over $600 million
Novikombank, part of Russia’s State Corporation Rostec, concluded a number of agreements during the XXIII St. Petersburg International Economic Forum (SPIEF-2019) to finance the holdings of the Corporation's aviation cluster, namely United Engine Corporation (UEC) and Russian Helicopters. Among key target projects were the modern PD-14 and VK-2500 aircraft engines and a number of civilian helicopters, such as the Ansat and Ka-226. The key objective of the agreements is to provide funding for production of civilian products by the UEC and Russian Helicopters. Novikombank's total amount of loans to UEC enterprises will reach 35 billion rubles (about $540 million). The agreements provide comprehensive financial support for important projects such as the production of PD-14 and SaM146 aircraft engines, TV3-117 and VK-2500 helicopter engines, as well as gas turbine energy units and other equipment. The strategic partnership agreement between Novikombank and Russian Helicopters covers the delivery, repair and service support of helicopters such as Ka-62, Ka-32, Ka-226, Ansat, Mi-171А2, Mi-171, Mi-38 and other products of the civilian sector. The parties also signed a loan agreement that covers financing to the holding for 5 billion rubles (over $75 million). “The development of civil aviation, helicopter engineering, engine building is one of the key priorities of Rostec. Products such as the PD-14 and VK-2500 engines, Ka-226 and Ansat helicopters, are not only strategically important for our country, but have high potential and interest in foreign markets. This is confirmed by numerous concluded agreements with China, countries of Southeast Asia, the Middle East and others”, pointed out the Industrial Director of Rostec’s Aviation Cluster, Anatoly Serdyukov. “Naturally, successful implementation of our projects requires loans and investments. Today's agreements will contribute to the continuous development of our aviation enterprises. ” Rostec continues to implement the extensive development of its aviation cluster in accordance with the approved Strategy, the main objectives of which are the development of civilian products, improvement of operational efficiency and gaining access to global markets until 2025.
IATA: Solidarity Airport is a strategic project... Airline consultation will start in July
The International Air Transport Association (IATA) is working with key stakeholders in Poland to establish an Airport Consultative Committee to facilitate consultation with global airline community on the development of the Solidarity Transport Hub Poland, a new airport planned in Central Europe. The first meeting will take place in Warsaw on July 18. The Committee created by the IATA in cooperation with Solidarity Transport Hub Poland (STH) management, will serve as an important forum to exchange ideas and better inform decision-making. The Airport Consultative Committee (ACC) will essentially serve as an airline technical body to review strategic options, assess the cost and benefits, and consider the operational impacts on airlines and their passengers. IATA will extend invitations for ACC membership to all passenger and cargo airlines (including non-IATA members) that have an interest in operating from STH. This will include current operators at Chopin Airport as well as those that may have future plans to enter the Polish market when Solidarity Airport opens. Participants will be expected to have the seniority or expertise to represent their organization’s views and make a contribution to the proceedings. "Our operation is carefully thought out. It is impossible to plan the airport well, without asking for the opinion of those who will use it. We are consistently building a knowledge base that will help us prepare the master plan of the Solidarity Airport" says Mikołaj Wild, Government Plenipotentiary for Solidarity Transport Hub Poland. The inaugural ACC meeting, scheduled to take place in Warsaw on July 18, will be the first of many that will be held throughout the STH development process. The initial activities will include verifying that the conceptual assumptions of the STH are aligned with the needs of carriers and whether any possible improvements need to be made. The overall goal is to ensure that infrastructure solutions are consistent with the expectations and needs of carriers: technical, operational and financial. "We highly value the knowledge and experience of IATA experts, which is why we want to conduct the widest possible consultations with the airline industry. The result is to be a new airport between Warsaw and Lodz, which takes into account the needs of all its customers: carriers, companies operating in the airport and providing services to it, and above all passengers” says Dariusz Sawicki, STH board member for the airport investment part. IATA brings experience gained on global airport projects to Poland and has incorporated the lessons learned into the ACC’s terms of reference which describe its objectives, activities, membership and structure. The ACC will have two co-chairs with one chosen from the airline community and the other drawn from STH. “On behalf of IATA, we are very pleased to be working closely on this key project for transport in Europe. With European demand for travel set to grow by around 50% by 2037, it is vital that the right infrastructure be built now to be ready for this increased. Air passengers are counting on us and IATA is proud to be part of the solution” says Rafael Schvartzman, IATA’s Regional Vice President for Europe. The ACC is the next step in the comprehensive consultation process with STH stakeholders which started in mid-April with a meeting attended by over 60 representatives of various entities, e.g. Polish Aviation Group, Board of Airline Representatives in Poland, Polish Air Navigation Services Agency, Poczta Polska, Orlen, LOTOS, PERN, LOT AMS, LS Airport Services, Polish Hotel Holding, FedEx, DHL, UPS, TNT Express. STH familiarized the partners with the planned stages of the investment, presented a working block diagram of the project implementation as well as terms of reference regarding the structure and scope of consultation. By the end of May, STH received over 400 comments and proposals on a wide range of topics concerning the infrastructure of the planned airport, from aircraft, passenger, and baggage handling to cargo and technical support. This year STH plans to engage a strategic and technical advisor, an international entity with investment experience in the design, construction and management of interchanges. This year STH will also commission a master plan. It will include, among others: air traffic forecasts, dimensioning of planned infrastructure and initial plan of its location, construction stage and detailed business model of the planned airport.
ACROFAN Starts Joint Business with PR Newswire Korea
ACROFAN supplies PRNewswire solutions to consumers on the best terms. With collaboration of ACROFAN and PR Newswire Korea, globalization of content publishing is achieved. SEOUL, South Korea, May 17, 2019 /PRNewswire/ -- ACROFAN starts a joint business with Korean branch of PR Newswire, a leading global Newswire. ACROFAN has gained trust both at home and abroad as a news service syndicator that conveys the news of the partners, including PR Newswire, as well as its exclusive contents, to the readers of its multilingual services. Based on the accumulated trust, ACROFAN has strengthened its collaboration with PR Newswire Korea, and from this year, it will provide a reasonable number of overseas business support solutions and services to corporations and institutions that promote global branding. PR Newswire is a global newswire company headquartered in New York, USA. It was founded in 1954 and boasts the longest history in the industry. Since Teleprinter era, it has presented its solutions optimized for various technologies and has established itself as a market leader. In December 2015, when Cision Inc. acquired the company, PR Newswire became a subsidiary of Cision, offering services that are combined with data science around the world. In 2019, it established branches in Korea and is providing services based on innovative technologies. ACROFAN has developed its business capability for many years by leading various measures and experiments to secure legal stability such as copyrights. It has sponsored contents through the Knowledge Sharing Project, demonstrated the public use of ACROFAN content, and maintained a business model that does not outsource copyright crackdown. Various experimental measures and the settlement for many years of solidarity and cooperation with the outside have become the basis for realizing this international cooperation. Jae-Yong Ryu, Founder & CEO of ACROFAN, claimed, "Global News Services Syndicator ACROFAN started to work with PRNewswire Korea to present a new horizon of the content publishing business based on data science. With services optimized with innovative technologies and international laws and regulations compliance, ACROFAN could provide an all-in-one platform that delivers the highest level of effect to partners and customers. Moreover, we have realized efficient business support measures in various fields from distribution of press releases to premium content publishing and outdoor advertising. ACROFAN will try to get practical benefits for companies and institutions." About ACROFAN ACROFAN is the content and news agency platform that compiles scientific and technological knowledge contributing to industry and economy, and indexes and archives the latest information on a regular basis. It is showing content that has the public confidence and expertise targeting various languages and countries. In addition, ACROFAN has developed optimized services for the founding purpose of contributing to the cultivation of human culture and opened to the world. ACROFAN USA https://us.acrofan.com ACROFAN Japan https://jp.acrofan.com ACROFAN South Korea https://kr.acrofan.com ACROFAN China https://www.acrofan.cn ACROFAN Chinese Taipei https://www.acrofan.tw Contact email@example.com Related Links : https://us.acrofan.com
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Antalya Homes: The Number of Pakistani Visitors to Turkey Has Grown by 50% to Reach 100 Thousand
ISTANBUL, June 14, 2019 /PRNewswire/ -- Despite their geographical distance, Turkey and Pakistan have been building on their long-lasting friendship and brotherhood with cooperation in many fields. Boosted by Pakistan Prime Minister Amir Khan's visit to Turkey at the beginning of the year, increased number of flights, reduced ticket prices and the chance to travel visa-free to Turkey, the number of Pakistani visitors to Turkey increased by 50% in 2018. Last year, a total of 100 thousand Pakistanis, including 1.500 immigrants apart from tourists, visited Turkey. Pakistanis find Turkey attractive because the relation between people of the two countries is termed as "brotherhood". Turkey to become more attractive for Pakistanis (PRNewsfoto/Antalya Homes) In recent years, Pakistanis prefer Turkey when purchasing properties. Turkey offers the chance of citizenship to foreigners and their families who purchase properties or lands with a total value of 250 thousand dollars and makes a strong impression with the money's worth houses and improved health and education facilities. Turkey also presents higher quality buildings for prices similar to that of Pakistan and comes up with attractive opportunities for real estate investors. It is possible to buy 30% larger and higher quality houses in Turkey than in Europe and the USA Known for its significant construction projects at global scale and its quality of construction, Turkey is where houses at least 30% larger than those in countries such as England, Canada and Australia can be purchased, thanks to affordable prices. Built with quality materials, the apartments have many benefits ranging from special ceramics to built-in products. Turkey competes with the comfortable mansions in Europe with its large and spacious apartments constructed using special materials. Saying that they have sold homes to thousands of people from 74 countries so far, Bayram Tekce, Chairman of Turkey's leading real estate company Antalya Homes continues, "In the last 6 months, we helped 172 Pakistan citizens purchase homes and smoothly obtain citizenship in Turkey. Upon the decision to purchase a real estate, Antalya Homes completes the citizenship procedure of the landowners in 30 days only by means of a power of attorney. Detailed information about the process steps can be found in our website." Photo - https://mma.prnewswire.com/media/902061/Antalya_Homes.jpg Related Links :http://www.antalyahomes.com
Hanergy Announces "Three-Step" Roadmap for Returning to China's A-Shares Market
BEIJING, June 14, 2019 /PRNewswire/ -- The multinational clean energy company, Hanergy Mobile Energy Holding Group, on June 12th, held the shareholders' meeting to officially announce the "three-step" roadmap for returning to China's A-share market. The company revealed that it's estimated to complete asset restructuring and introduce strategic investors within this year. At the meeting that was followed by dinner, the first batch of Hanergy's independent shareholders were issued special purpose vehicle (SPV) shares. Three of Hanergy's independent shareholder representatives receive SPV shares at the meeting. Nearly 500 guests from different aspects, including the All-China Federation of Industry & Commerce, local governments, dozens of financial institutions, investment institutions, industry associations, business partners and shareholder representatives attended the meeting and witnessed this major moment in Hanergy's development. The meeting concluded that the 230-day privatization work was successfully completed, and Hanergy is in full speed in returning to A-share market. Expressing his gratitude to the shareholders for their unremitting support and confidence in the company over the last few years, Mr. Li Hejun, Founder of Hanergy, said, "I want to express the gratitude for the trust and support from shareholders, business partners, customers, governments, the media and the society in the past few years. I should thank all the difficult times which make us constantly do self-reflection to identify our own problems, and try to overcome the challenges we faced with." Li added, "The environment in China currently is very conducive to the company's growth, with the country's focus on supporting the development of private enterprises and aiding high-tech enterprises to return to A-share market." Yuan Yabin, President of Hanergy Mobile Energy Holding Group, said, "Dozens of financial investment institutions are optimistic about Hanergy returning to A-share market. At present, our A-listing advisory body has kicked off its work. After the completion of business restructuring and share reform, it will attract some enterprises to be our strategic shareholders, including enterprises having synergy with Hanergy's businesses and large financial investment institutions. These works are expected to be completed within this year. Then we will start the pre-listing tutoring and submit the listing application materials. We would consider both the Science and Technology Innovation Board (STIB) and the main board." According to Hanergy's privatization plan, one share of Hanergy Thin Film Power will be converted into one SPV share. Three of Hanergy's independent shareholder representatives, Mr. Lui Chi Wa, a Hong Kong shareholder; Mr. Wen Xiaolin, a shareholder through Shanghai-Hong Kong Stock Connect Program; and Mr. Li Xiao, a Hanergy staff shareholder, received SPV shares at the meeting. The Hong Kong shareholder Mr. Lui Chi Wa said, "I'm confident of Hanergy returning to A shares market. There are dozens of stocks suspended in Hong Kong stock market, but Hanergy is the only one that is reborn in a new way. I would like to express our gratitude on behalf of Hong Kong's shareholders." According to Hanergy, after being listed in China's A-share market, the independent shareholders will hold listed company shares through holding the SPV shares, by then they can choose to unfreeze their share values. "Hanergy will act to prove you make the right choice. We'll return shareholder's trust and support with better company revenues," said Li Hejun at the end of the meeting. View original content to download multimedia:http://www.prnewswire.com/news-releases/hanergy-announces-three-step-roadmap-for-returning-to-chinas-a-shares-market-300867699.html
Winona Leads Charge as Chinese Skincare Conquers the World
Winona sensitive skin care sparkled at World Congress of Dermatology MILAN--(BUSINESS WIRE)--On June 11, China’s leading sensitive skincare brand Winona was present for the opening of the World Congress of Dermatology (WCD) in Milan. The WCD represents the highest academic level of worldwide dermatology. Focusing on the demands of sensitive skin, Winona attracted attention and recognition from world’s top dermatology experts with its innovative targeted treatment therapies for sensitive skin, and its clinical results reflecting the most exacting international standards of evidence. Supported by sixty dermatologists from around the globe, Winona made this year’s WCD the moment that Chinese therapies for sensitive skin seized the international spotlight. At the Winona International Summit for Sensitive Skin on June 12, Philippe Humbert, a French authority in dermatology, delivered the speech. He described the findings of a controlled, double-blind, before-after trial carried out by the Research and Studies Center on the Integument (CERT) on Winona’s Anti-Sensitive Moisturizing Tolerance Extreme Cream. The outcome of the trial proves that this product causes significant improvement in skin sensitivity, and demonstrates that its active ingredients (Yunnan purslane, Prinsepia utilis Royle) deliver the three key outcomes of soothing, moisturizing, and repairing sensitive skin. The trial is clear evidence that Winona products offer proven levels of efficacy and safety, comparable to any major international brand. CERT is part of the Department of Dermatology’s Clinical Investigation Center located in Besançon University Hospital. It has been operating for over 20 years, and is a European and global authority on dermatological disease and cosmetic products. Winona’s research into sensitive skin has moved beyond the “bricks-and-mortar” of keratinocytes and intercellular lipids, into investigations of the causes of sensitive skin on the genomic and proteomic levels. The Winona R&D team introduced targeted treatment for sensitive skin using genomics, proteomics, and an in-depth understanding of the skin structure, which sparked strong interest among Chinese and international dermatologists, and has been widely welcomed by industry leaders. Winona makes effective use of the resources available. Inspired by the species diversity of Yunnan, Winona team sought out active ingredients from the plants of the high plateau. Bringing together experts in dermatology, botany, and biology, the company combines the latest advances in dermatological science with the wisdom of eastern skincare traditions. In China, Winona's intensive research into the mechanisms of skin sensitivity, and its consistent pursuit of excellence in product quality, have earned the company an excellent reputation among both skincare experts and consumers. The company is recognized as an authority in care for sensitive skin. The WCD has been an opportunity for Winona to lead other Chinese skincare brands into the international market. With its advanced skincare concepts and its international standards of evidence for efficacy and safety, Winona is building a global reputation for a Chinese skincare brand, and bringing health and beauty to ever more people. Contacts Yunnan Botanee Bio-technology Group Co., LtdYang Xifirstname.lastname@example.org
Vera's First Assignment: Volvo Trucks Presents an Autonomous Transport Between a Logistics Centre and Port
GOTHENBURG, Sweden, June 13, 2019 /PRNewswire/ -- Volvo Trucks' electric, connected and autonomous vehicle Vera will form part of an integrated solution to transport goods from a logistics centre to a port terminal in Gothenburg, Sweden. The assignment is a result of a new collaboration between Volvo Trucks and the ferry and logistics company, DFDS To view the Multimedia News Release, please click: https://www.multivu.com/players/uk/8556151-volvo-trucks-autonomous-transport/ The purpose of the collaboration is to implement Vera in a real application, enabling a connected system for a continuous flow of goods, from a DFDS' logistics centre to an APM terminal in the port, for distribution across the world. In 2018, Volvo Trucks presented its first electric, connected and autonomous solution, designed for repetitive assignments in logistics centres, factories and ports. Vera is suited for short distances, transporting large volumes of goods with high precision. "Now we have the opportunity to implement Vera in an ideal setting and further develop her potential for other similar operations," says Mikael Karlsson, Vice President Autonomous Solutions at Volvo Trucks. The aim is to implement a connected system consisting of several Vera vehicles monitored by a control tower. The purpose is to enable a seamless and constant flow responsive to demands on greater efficiency, flexibility and sustainability. The collaboration with DFDS is a first step towards implementing Vera in a real transport assignment on pre-defined public roads in an industrial area. "We want to be at the forefront of connected, autonomous transportation. This collaboration will help us develop an efficient, flexible and sustainable long-term solution for receiving autonomous vehicles arriving at our gates, benefitting our customers, the environment and our business," says Torben Carlsen, CEO of DFDS. The autonomous transport solution will be further developed in terms of technology, operations management and infrastructure adaptations, before it can be fully operational. Moreover, necessary safety precautions will be taken to meet societal requirements for a safe path towards autonomous transports. As Volvo Trucks gains more experience, Vera has the potential to be used in similar applications as a complement to today's transport solutions. "Autonomous transports with low noise levels and zero exhaust emissions have an important role to play in the future of logistics, and will benefit both business and society. We see this collaboration as an important start and want to drive progress in this area. Vera may have a speed limit, but we don't. Testing has already started and we intend to implement the solution within the coming years," adds Mikael Karlsson. Facts: The assignment is to move containers from the DFDS logistics centre in Gothenburg to an APM terminal in the port according to needed capacity. The autonomous system is monitored by an operator in a control tower who is also responsible for the transport. The solution is suited for repetitive flows with a maximum speed of 40 km/h. Infrastructure adaptations are part of the scope in the implementation of the total transport system, including automated gates at the terminals. Volvo Trucks and DFDS are main partners but several actors are involved in implementing Vera's first assignment. DFDS provides ferry and transport services in Europe and Turkey, generating annual revenues of around DKK 17bn. The 8.000 employees are located on ships and in offices across 20 countries. DFDS is headquartered in Copenhagen, and listed on NASDAQ Copenhagen. The initiative is carried out with support from the Swedish Innovation Agency Vinnova, the Swedish Transport Administration and the Swedish Energy Agency through the Strategic vehicle research and innovation programme FFI. Link to high-resolution images including high res video material for broadcasting (interview Mikael Karlsson and running footage) https://bit.ly/2WpzKjW Link to video on youtube: https://www.youtube.com/embed/CMREUiQZSIs Press images and films are available in the Volvo Trucks image and film gallery at http://images.volvotrucks.com Volvo Trucks provides complete transport solutions for professional and demanding customers, offering a full range of medium to heavy duty trucks. Customer support is secured via a global network of 2,100 dealers and workshops in more than 130 countries. Volvo trucks are assembled in 15 countries across the globe. In 2018, more than 127,000 Volvo trucks were delivered worldwide. Volvo Trucks is part of Volvo Group, one of the world's leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. Volvo Trucks´ work is based on the core values of quality, safety and environmental care. Photo - https://mma.prnewswire.com/media/901572/Volvo_Trucks.jpg Volvo Trucks’ autonomous and electric vehicle Vera is getting ready for a first assignment: the transportation of goods in a connected and repetitive flow from a DFDS’ logistics centre to a port terminal. The new collaboration is a first step towards implementing Vera in a real transport operation and develop her potential for other similar assignments. For further information, please contact: Sara Kuylenstierna, Communication Manager, phone +46-31-3224729, e-mail email@example.com
TANAKA PRECIOUS METALS Sponsors Tokyo Xtreme Walk 100
Participants walking jauntily in front of skyscrapersEmployee volunteers pouring drinks for participants at the aid stationParticipants raising their arms up in joy at the goalPromoting Project Kotsu-kotsu through volunteer and other activitiesTOKYO, Jun 13, 2019 - (ACN Newswire) - TANAKA HOLDINGS Co., Ltd. sponsored Tokyo Xtreme Walk 100 (organized by The Asahi Shimbun Company) held on June 1 and 2, 2019. As part of TANAKA PRECIOUS METALS's Project Kotsu-kotsu, a project based on TANAKA PRECIOUS METALS's communication keyword kotsu-kotsu-meaning "steadily" or "little by little" in Japanese - which seeks to support people who are working hard steadily, TANAKA PRECIOUS METALS set up corporate booths and conducted volunteer activities.Tokyo Xtreme Walk 100 is a walking event where participants walk through the night, little by little, as they challenge the limits of their physical and mental stamina to finish walking the distance of 100km from Odawara City in Kanagawa Prefecture to Tsukiji in Tokyo's Chuo-ku within the time limit of 26 hours. This was the first time the event was held. Opening for registration with 500 slots, there were approximately 2,000 applicants, and 525 applicants were selected by balloting to participate in the event. Amid the refreshing, fine weather of early summer, participants walked for 100km, going along the coast of the Shonan area to Yokohama - with its many landmarks - before crossing the Tamagawa River to the heart of Tokyo. At Tsukiji, the goal, there were people who threw their arms up in joy from a sense of accomplishment, and also those who were in tears from overwhelming emotions. With the successful completion of this trial event, the organizers are planning toward being able to hold this event again in autumn with a significant increase in the number of participants.In addition to cheering on the participants at the starting point, including putting up banners and streamers, and cheers from TANAKA PRECIOUS METALS employees, TANAKA PRECIOUS METALS also distributed drinks and onigiri rice balls to replenish the participants at the aid station at the 15km mark. An employee who took part as a volunteer said, "Seeing the participants up closely as they walked forward step by step gave me courage, and made me want to contribute by cheering them on." Those who completed the event were given silver spoons made by GINZA TANAKA unique to the event as a reward for reaching the goal. Regarding the recipients of these silver spoons, another employee said, "If the participants can remember how hard they worked when they see these spoons, that alone would make me happy."Since the first company was established in Japan in 1885, TANAKA PRECIOUS METALS has built a diversified range of business activities focused on precious metals as a professional in this field. Within Japan, TANAKA PRECIOUS METALS is a leader in terms of the amount of precious metals handled, and carries out the manufacturing and sales of precious metal products. In addition to business activities, TANAKA PRECIOUS METALS carries out a range of social contribution activities aimed at realizing a well-balanced and prosperous society. In the field of sports, besides sponsoring various sports events, TANAKA PRECIOUS METALS also promotes employees interacting and staying healthy through sports, such as health promotion events through employee participation. Going forward, TANAKA PRECIOUS METALS will continue to promote Project Kotsu-kotsu, and contribute to the rejuvenation, spread, and promotion of sports.Event overviewOfficial name: Tokyo Xtreme Walk 100Organizer: The Asahi Shimbun CompanyEvent dates: June 1 to 2, 2019Route: - Start: Square at Akagane-mon Gate, Odawara Castle Park- Goal: Tokyo Head Office, The Asahi Shimbun Company (Tsukiji, Chuo-ku)- Distance: Approximately 100km- Checkpoints: Three locations, at 34km, 53km, and 86km marksParticipants: 525Participant criteria: Age 20 and above Participation fee: 15,000 yenOfficial website: https://www.asahi.com/sports/events/tokyoxtremewalk100/ (Japanese only)Press release: http://www.acnnewswire.com/clientreports/598/190613_EN.pdfCompany name: TANAKA HOLDINGS Co., Ltd. (Holding company of TANAKA PRECIOUS METALS)Headquarters: 22F, Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, TokyoRepresentative: Akira Tanae, Representative Director & CEOFounded: 1885Incorporated: 1918*Capital: 500 million yenEmployees in consolidated group: 5,034 (FY2017)Net sales of consolidated group: 976,613 million yen (FY2017)Main businesses of the group: The holding company at the center of TANAKA PRECIOUS METALS responsible for strategic and efficient group management and management guidance to group companies.Website: https://www.tanaka.co.jp/english (TANAKA PRECIOUS METALS), https://pro.tanaka.co.jp/en (Industrial products)* Tanaka Holdings adopted a holding company structure on April 1, 2010.About the TANAKA PRECIOUS METALSSince its foundation in 1885, the TANAKA PRECIOUS METALS has built a diversified range of business activities focused on precious metals. TANAKA PRECIOUS METALS is a leader in Japan in terms of the volumes of precious metals handled. Over the course of many years, TANAKA PRECIOUS METAL has not only manufactured and sold precious metal products for industry, but also provided precious metals in such forms as jewelry and resources. As precious metals specialists, all Group companies within and outside Japan work together with unified cooperation between manufacturing, sales, and technological aspects to offer products and services. In addition, in order to make further progress in globalization, The TANAKA PRECIOUS METALS welcomed Metalor Technologies International SA as a member of the Group in 2016.As precious metal professionals, TANAKA PRECIOUS METALS will continue to contribute to the development of an enriching and prosperous society.The five core companies in TANAKA PRECIOUS METALS are:- TANAKA HOLDINGS Co., Ltd. (pure holding company)- TANAKA KIKINZOKU KOGYO K.K.- TANAKA DENSHI KOGYO K.K.- ELECTROPLATING ENGINEERS OF JAPAN, LIMITED- TANAKA KIKINZOKU JEWERLY K.KPress InquiriesTANAKA HOLDINGS Co., Ltd.E-mail: MEDIA-INFO@ml.tanaka.co.jp Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com