From Cuju to World Cup: One football dream
Datawords Group, a Multicultural Ingenuity™[1] expert, acquires Switching-Time with the support of Keensight Capital to empower international brands w
CGTN：China, EU aim to strengthen ties in the face of global challenges
YELL Bangkok and INNOCEAN signs MOU to accelerate K-invasion opportunities in Thailand
Bigo Live to livestream The Game Awards 2022 across more than 10 global markets
CDF Named Official Sponsor of 2nd International Red Sea Film Festival
Sony Music France Partner With KMS to Launch 'First-Ever' Fully Immersive IMAX-Certified Film of Iconic Rock Band Indochine's 'Cen
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Photozou Koukoku Co., Ltd. (Japan) a subsidiary of Photozou Holdings, Inc. (PTZH) has begun offering premium free pictures via Photozou Stock.
Xinhua Silk Road: Xinhua-Hechi Sericulture Industry High-quality Development Index unveiled in S.China's Guangxi
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SUNRISEMEDIUM Launches Asia Pacific Innovation Community
The New Community Will Further Boost Exchanges between Taiwan's and Japan's ESG Opinion Leaders TAIPEI, Dec. 1, 2022 /PRNewswire/ -- Following the outbreak of the COVID-19 pandemic, companies have started moving from the stage of developing sustainable strategies to implementing ESG operations. With the support of public sector's brand Startup Island TAIWAN, SUNRISEMEDIUM, a Taiwan-based digital media company, has launched the Asia-Pacific Innovation Community. The first phase of the community calls for in-depth dialogues between Taiwanese and Japanese innovation teams to explore sustainable practices from 2023 to 2030 in three major areas: technology, management, and leadership. SUNRISEMEDIUM has initiated Asia-Pacific Innovation Community Outcomes of the first phase of the Asia-Pacific Innovation Community include the first digital-version text salon, combined with the world's only sound map focusing on stories about innovative technologies: more than 30 Taiwanese and Japanese key influencers participated in the salon discussion. In addition, the salon discussion extended 14 sound journeys which connected ESG innovation strongholds among Taiwan's and Japan's cities. Sound map: https://soundof.sunrisemedium.com/soundmap/2/esg Text salon on environmental topics: https://sunrisemedium.com/p/184/esg-environmental#qna-184 SUNRISEMEDIUM is redefining the role of digital media as a technology initiative and resource connector. Moreover, SUNRISEMEDIUM will continue to inspire further mutually beneficial exchanges by doing cross-industrial connection. ANGHSUAN LEE, seanlee@sunrisemedium.com
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CGTN: How do China, Laos promote building of human community with shared future?
BEIJING, Dec. 1, 2022 /PRNewswire/ -- Since its launch in December 2021, the China-Laos Railway, a landmark project connecting Kunming in southwest China's Yunnan Province with the Lao capital Vientiane, has demonstrated its advantages and favorable effects in passenger and freight transportation. According to the Laos-China Railway Co., Ltd. (LCRC), a joint venture based in Vientiane and responsible for the operation of the railway's Lao section, so far, the Lao section of the China-Laos Railway has shipped a total of around 2 million tonnes of goods, most of which are cross-border goods, and has carried 1.26 million passengers. Meeting with visiting Thongloun Sisoulith, general secretary of the Lao People's Revolutionary Party Central Committee and Lao president, Chinese President Xi Jinping Wednesday said that with joint efforts, the two sides have made the China-Laos Railway a road of development, happiness and friendship for the people of the two countries. Xi said this not only brings great benefits to the people of the two countries, but also provides a model for the building of the Belt and Road Initiative (BRI) and promoting the building of a human community with a shared future. Mourning Comrade Jiang Zemin's death Xi began by telling Thongloun that Comrade Jiang Zemin passed away earlier in the day in Shanghai after all medical treatments had failed. Comrade Jiang was an outstanding leader enjoying high prestige acknowledged by the whole Party, the entire military and the Chinese people of all ethnic groups, a great Marxist, a great proletarian revolutionary, statesman, military strategist and diplomat, a long-tested communist fighter, and an outstanding leader of the great cause of socialism with Chinese characteristics. He was the core of the CPC's third generation of central collective leadership and the principal founder of the Theory of Three Represents, Xi stressed. Thongloun expressed his deep condolences on the death of Comrade Jiang, saying that this is a great loss for the CPC and Chinese people, and his Party and Lao people feel the same way. Calling Jiang a close friend to the Lao side, Thongloun said Jiang's visit to Laos in 2000 played an important leading role in the development of Lao-Chinese relations, as Jiang proposed the principle of long-term stability, good neighborliness, mutual trust and comprehensive cooperation. Xi and Thongloun Wednesday reiterated that the two sides firmly uphold this principle and vowed to uphold the spirit of being good neighbors, friends, comrades and partners. Win-win cooperation In April 2019, China and Laos signed an action plan to jointly build a community with a shared future. Since then fruitful cooperation results have been achieved and the China-Laos Railway is a vivid example. Xi told the Lao president that China will encourage more Chinese enterprises to invest in Laos, welcome more high-quality products from the Lao side to enter the Chinese market, and continue to provide assistance to the Lao side to alleviate the current difficulties it faces. He added the two sides should continue to expand exchanges and cooperation in science and technology, education, culture, tourism, health, youth and other fields as well as promote people-to-people bonds. Nowadays, China has become the second-largest trading partner and the country with the largest foreign direct investment in Laos. According to the Chinese Foreign Ministry, as of February 2022, China has invested a total of $13.27 billion in various types of investments in Laos. Within its capacity, China has provided assistance to Laos in the form of non-reimbursable assistance, interest-free loans or preferential loans in the fields of materials, complete project assistance, personnel training and technical support. China is the mainstay China is willing to deepen coordination and cooperation with the Lao side within the framework of Lancang-Mekong Cooperation and China-ASEAN cooperation, promote the common values of humanity and jointly maintain world peace, stability, development and prosperity, Xi noted. Thongloun said that under the complex changes the world is experiencing, China is the mainstay of maintaining world peace and stability and is committed to promoting common development and building a community with a shared future. https://news.cgtn.com/news/2022-11-30/Xi-holds-talks-with-Lao-president-1fnZjFTRH1K/index.html
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132nd Canton Fair Exhibitors Shine the World with Premium Made-in-China Quality Presented at the World Top Football Event in Qatar
GUANGZHOU, China, Dec. 1, 2022 /PRNewswire/ -- A large number of 132nd Canton Fair exhibitors appeared at the world top football event, kicked off ten days ago in Qatar, demonstrating the core strength of "Made in China" to the world and drawing worldwide attention. Among them, Hisense Group ("Hisense"), also the official sponsor of the 2022 Qatar World Cup, has launched a variety of officially designated products for the game in the categories of home appliances, includes TVs, refrigerators, air conditioners, and washing machines. U8H TV, which has been favored by buyers from all over the world at the 132nd Canton Fair, is equipped with a new generation of ULED X display platform that adopts the new 16-bit environmental light control technology to realize accurate perception of changes in the viewing environment, allowing viewers to obtain a comfortable viewing experience under any lighting conditions. 132nd Canton Fair Exhibitors Shine the World with Premium Made-in-China Quality Presented at the World Top Football Event in Qatar Shenzhen Absen Optoelectronic ("Absen"), another exhibitor of 132nd Canton Fair, selected as supplier of the event due to its strong R&D capability and technical innovation, provides a total area of nearly 2,000 square meters of LED stadium screens for 8 stadiums of the game. Absen's well-designed LED stadium screens ensure that fans around the world are able to experience the extraordinary charm of "Made in China" while enjoying the game with passion through the clear, smooth and stable display. In the field of LED stadium screens, Absen has specialized for many years, providing high quality LED display products and services for international football events such as the World Cup, European Cup, Bundesliga, and Serie A, including score boards, stadium LED screens, and sports fence screens. Gree Electric Appliances ("Gree"), also an exhibitor at 132nd Canton Fair, supplies over 40,000 central air conditioners to the Education City Stadium, Stadium 974, and other venues of the spectacle of football taking place in Qatar. A comfortable and pleasant temperature was provided by Gree to make sure fans could enjoy the ingenious quality of "Made in China". A large number of high-end companies and products at the Canton Fair pose as a platform to promote "Chinese wisdom" and "Made in China". To learn more high-quality products of Canton Fair, please register via https://www.cantonfair.org.cn/en-US/register/index?utm_source=rwyx#/foreign-email or contact caiyiyi@cantonfair.org.cn.
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"humy with Charlie Puth" -- Subscription-based Communication Service to Debut December 2
TOKYO, Dec. 1, 2022 /PRNewswire/ -- MIXI, Inc. is proud to announce the launch of humy, a subscription-based platform specializing in communications between artists and fans, on December 2, 2022. Logo of humy: https://kyodonewsprwire.jp/prwfile/release/M102029/202211250405/_prw_PI2fl_82m4YWqc.jpg MIXI is a Japanese tech company in Tokyo. With the purpose of enriching communications and inspiring moments of joy, the company is committed to providing enjoyable global communication services for friends and families, including mixi, MONSTER STRIKE, FamilyAlbum, and TIPSTAR. Deploying expertise gained from these communication services, the company has developed a new business in the music industry to create new and meaningful connections between fans and artists. MIXI is not alone in its vision of humy and pursuit of innovation. It is MIXI's honor to announce a global partnership with Charlie Puth, the GRAMMY-nominated and multi-platinum singer, songwriter and producer, as the first artist on humy. The official fan communication service "humy with Charlie Puth" will be launched simultaneously around the world on December 2. (Not available in some countries and regions.) Official site: https://charlieputh.humy.me/ Photo of humy with Charlie Puth: https://kyodonewsprwire.jp/prwfile/release/M102029/202211250405/_prw_PI1fl_650jsFk1.jpg humy is a platform where users pay an annual fee to become Premium subscribers of their favorite artist's official fan communication service. Premium subscribers not only can view content that gives a window into the artist's work and private life, but also take part in subscriber-only online concerts and fan events. Subscriber perks include access to an exclusive social network where fans can communicate directly with the artist and view posts that can only be enjoyed here. Subscribers also receive digital greeting cards for events and can enter draws for concert tickets before they go on sale. Service Overview- Name: humy with Charlie Puth- Website: https://charlieputh.humy.me/- Subscriber-only Content:1) Online Concerts (one or more per year)2) Online Fan Meetings (one or more per year)3) Priority Access to Ticket Sale Draws*4) Exclusive Social Network5) Special Videos6) Digital Membership Card7) Digital Greeting Cards *Does not apply to all Charlie Puth performances. Eligible performances will be announced on the official website once dates are confirmed. - Plan: Premium plan: $100.00 (USD) per year- Payment Methods: Credit card, PayPal- Planned Release Date and Time:December 1, 2022: Mexico 9:00 PM (CST)December 2, 2022: Brazil 12:00 AM (BRT), South Africa 5:00 AM (SAST), Saudi Arabia 6:00 AM (AST), India 8:30 AM (IST), Indonesia 10:00 AM (WIB), Japan 12:00 PM (JST), Australia 2:00 PM (AEDT) (Some countries may be omitted.) Message from Charlie Puth"I'm so excited to be partnering with MIXI as the first artist to be featured on humy! It's no secret that I love letting fans in on my creative process and day to day life, but I couldn't be more thrilled to have another platform to connect with people around the world." About Charlie PuthCharlie Puth has proven to be one of the music industry's most consistent hitmakers and sought-after collaborators. Puth has garnered eight multi-platinum singles, four GRAMMY nominations, three Billboard Music Awards, a Critic's Choice Award, and a Golden Globe nomination. His 2018 GRAMMY-nominated LP, Voicenotes, was certified Gold by the Recording Industry Association of America (RIAA) only four days after its release and has logged over 5.6 billion streams worldwide. Puth's 2020 collaboration with Gabby Barrett on their "I Hope" remix earned him his fourth top 10 track on the Billboard Hot 100, hit number one on the Billboard "Adult Pop Songs" chart, and won a 2021 Billboard Music Award for "Top Collaboration." Puth also co-wrote and produced The Kid Laroi and Justin Bieber's record-breaking single, "STAY," which quickly became one of the biggest songs of 2021 and holds the title for the longest-reigning No. 1 on the Billboard Global 200 chart and the first to lead it for double-digits -- spending a total of 11 weeks at the top of the chart. Puth recently released his highly anticipated third studio album CHARLIE via Atlantic Records. Featuring hit singles "Left and Right (feat. Jung Kook of BTS)," "That's Hilarious" and "Light Switch," the "expertly crafted collection" (from Rolling Stone magazine) has surpassed 1 billion global streams and received critical praise. Puth recently set out for his "One Night Only" tour, welcoming fans around the world up close and personal as shares his latest album and greatest hits.For more information and upcoming tour dates, visit:https://www.charlieputh.com/tour/ About MIXI, Inc.With the purpose of enriching communications and inspiring moments of joy, MIXI is committed to providing enjoyable communication services for friends and families, including mixi, MONSTER STRIKE, FamilyAlbum, and TIPSTAR. The company places "User Surprise First" at its core and focuses on promoting deep and meaningful connections rather than simply increasing the quantity and frequency of communication. Through this endeavor, the company believes it inspires deeper and richer communication in the world. MIXI's Official website: https://mixi.co.jp/en/
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"humy with Charlie Puth" -- Subscription-based Communication Service to Debut December 2
TOKYO, Dec. 1, 2022 /PRNewswire/ -- MIXI, Inc. is proud to announce the launch of humy, a subscription-based platform specializing in communications between artists and fans, on December 2, 2022. Logo of humy: https://kyodonewsprwire.jp/prwfile/release/M102029/202211250405/_prw_PI2fl_82m4YWqc.jpg MIXI is a Japanese tech company in Tokyo. With the purpose of enriching communications and inspiring moments of joy, the company is committed to providing enjoyable global communication services for friends and families, including mixi, MONSTER STRIKE, FamilyAlbum, and TIPSTAR. Deploying expertise gained from these communication services, the company has developed a new business in the music industry to create new and meaningful connections between fans and artists. MIXI is not alone in its vision of humy and pursuit of innovation. It is MIXI's honor to announce a global partnership with Charlie Puth, the GRAMMY-nominated and multi-platinum singer, songwriter and producer, as the first artist on humy. The official fan communication service "humy with Charlie Puth" will be launched simultaneously around the world on December 2. (Not available in some countries and regions.) Official site: https://charlieputh.humy.me/ Photo of humy with Charlie Puth: https://kyodonewsprwire.jp/prwfile/release/M102029/202211250405/_prw_PI1fl_650jsFk1.jpg humy is a platform where users pay an annual fee to become Premium subscribers of their favorite artist's official fan communication service. Premium subscribers not only can view content that gives a window into the artist's work and private life, but also take part in subscriber-only online concerts and fan events. Subscriber perks include access to an exclusive social network where fans can communicate directly with the artist and view posts that can only be enjoyed here. Subscribers also receive digital greeting cards for events and can enter draws for concert tickets before they go on sale. Service Overview - Name: humy with Charlie Puth - Website: https://charlieputh.humy.me/ - Subscriber-only Content: 1) Online Concerts (one or more per year) 2) Online Fan Meetings (one or more per year) 3) Priority Access to Ticket Sale Draws* 4) Exclusive Social Network 5) Special Videos 6) Digital Membership Card 7) Digital Greeting Cards *Does not apply to all Charlie Puth performances. Eligible performances will be announced on the official website once dates are confirmed. - Plan: Premium plan: $100.00 (USD) per year - Payment Methods: Credit card, PayPal - Planned Release Date and Time: December 1, 2022: Mexico 9:00 PM (CST) December 2, 2022: Brazil 12:00 AM (BRT), South Africa 5:00 AM (SAST), Saudi Arabia 6:00 AM (AST), India 8:30 AM (IST), Indonesia 10:00 AM (WIB), Japan 12:00 PM (JST), Australia 2:00 PM (AEDT) (Some countries may be omitted.) Message from Charlie Puth "I'm so excited to be partnering with MIXI as the first artist to be featured on humy! It's no secret that I love letting fans in on my creative process and day to day life, but I couldn't be more thrilled to have another platform to connect with people around the world." About Charlie Puth Charlie Puth has proven to be one of the music industry's most consistent hitmakers and sought-after collaborators. Puth has garnered eight multi-platinum singles, four GRAMMY nominations, three Billboard Music Awards, a Critic's Choice Award, and a Golden Globe nomination. His 2018 GRAMMY-nominated LP, Voicenotes, was certified Gold by the Recording Industry Association of America (RIAA) only four days after its release and has logged over 5.6 billion streams worldwide. Puth's 2020 collaboration with Gabby Barrett on their "I Hope" remix earned him his fourth top 10 track on the Billboard Hot 100, hit number one on the Billboard "Adult Pop Songs" chart, and won a 2021 Billboard Music Award for "Top Collaboration." Puth also co-wrote and produced The Kid Laroi and Justin Bieber's record-breaking single, "STAY," which quickly became one of the biggest songs of 2021 and holds the title for the longest-reigning No. 1 on the Billboard Global 200 chart and the first to lead it for double-digits -- spending a total of 11 weeks at the top of the chart. Puth recently released his highly anticipated third studio album CHARLIE via Atlantic Records. Featuring hit singles "Left and Right (feat. Jung Kook of BTS)," "That's Hilarious" and "Light Switch," the "expertly crafted collection" (from Rolling Stone magazine) has surpassed 1 billion global streams and received critical praise. Puth recently set out for his "One Night Only" tour, welcoming fans around the world up close and personal as shares his latest album and greatest hits. For more information and upcoming tour dates, visit: https://www.charlieputh.com/tour/ About MIXI, Inc. With the purpose of enriching communications and inspiring moments of joy, MIXI is committed to providing enjoyable communication services for friends and families, including mixi, MONSTER STRIKE, FamilyAlbum, and TIPSTAR. The company places "User Surprise First" at its core and focuses on promoting deep and meaningful connections rather than simply increasing the quantity and frequency of communication. Through this endeavor, the company believes it inspires deeper and richer communication in the world. MIXI's Official website: https://mixi.co.jp/en/
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SpeakIn raises pre-series A round, welcomes top tech doyen as investor
SINGAPORE and NEW DELHI, Dec. 1, 2022 /PRNewswire/ -- SpeakIn, Asia's largest digital platform for 1:1 coaching and group learning sessions, has announced a fresh infusion of capital to accelerate its SaaS platform and global expansion. The company recently moved its headquarters to Singapore to effectively address the increasing demand for professional learning in the Asia Pacific region. Having grown 5x YoY in revenues, the company aims to be the preferred choice for 1:1 coaching and group learning sessions for professionals and businesses across APAC. Its new investors include Kulmeet Bawa, President and Managing Director, SAP Indian subcontinent. Deepshikha Kumar, the Founder and CEO of SpeakIn, described the fresh investment as another milestone in the company's product growth story. "Kulmeet is one of the most respected names in technology leadership in APAC. This comes at a time when we are taking giant steps towards expanding SpeakIn in APAC, having moved our operations to Singapore, and with the launch of GROW - our mobile SaaS platform." "I am excited to be a part of the SpeakIn journey as they build the learning and development ecosystem across Asia and beyond. Having been coached and now coaching and mentoring the next of leaders, I understand how this can be a game changer both on the professional and personal front. SpeakIn is a clear leader in this space helping address the larger global learning need. Whether it is their web platform or the intuitive mobile application, the ability to provide 1:1 coaching and 1-to-many sessions with the world's best leaders, is truly impressive." Kulmeet joins SpeakIn investors including Vinod K. Dasari, former Managing Director of Ashok Leyland; Aditya Ghosh, Co-Founder of Akasa Air and former President of Indigo Airlines; Richard Rekhy, former CEO of KPMG India; and Aarti Gupta, one of India's top women investors and the FICCI FLO Chairperson for Startups. SpeakIn's mission is to transform the landscape of executive education and professional learning by connecting the world's best coaches and mentors with learners. The company boasts a network of over 18,000 experts and thought leaders who provide 1-on-1 coaching and 1-to-many group learning sessions to enterprise clients, their leaders and their teams. Already established in the Indian sub-continent SpeakIn's strategy is to expand across the Asia Pacific region becoming the go-to digital professional learning and coaching platform. "We have seen strong growth over the last year and we are poised to make the transition from a service-based model to a subscription-based model, available on mobile and web platform," said Kumar. "SpeakIn now offers professional learning via our SaaS platform SpeakIn GROW™ to enterprise clients who wish to develop their leaders and teams. Now everyone will be able to learn 1:1 from the best of leaders and practitioners." The company has a representation of experts from 47 countries. With this new infusion of capital, the company is targeting expansion to North America in the next 12 months and to build a deeper engagement with 400+ enterprise existing clients across APAC. About SpeakIn Headquartered in Singapore, SpeakIn delivers learning on over 500 topics taught by over 18,000 global experts. Over 400 enterprise clients and 1.5 million professional learners across eight countries have learnt on the SpeakIn platform through 1-on-1 coaching, group speaker sessions and self-paced videos, blogs and podcasts - all delivered by SpeakIn experts. With marquee clients like Accenture, SAP, Shell, VISA, Omron, BCG and more, SpeakIn is scaling quickly backed by a deep-tech SaaS mobile and web platform. SpeakIn is led by a pedigreed team of ISB and Wharton Alumni founders, run by woman leaders with years of leadership experience across education and consulting at McGraw Hill, Accenture and EY. The company continues to build intuitive learning technologies to improve the professional learning experience, expand internationally and strengthen the brand across Asia Pacific and beyond.
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Amorepacific and BTS collaborate to release limited-edition set featuring NEW "Butter" Lip Sleeping Mask flavor
Amorepacific launches limited edition BTS | Amorepacific Lip Sleeping Mask Lip & Pop Edition This second partnership celebrates 3 of BTS' most popular releases: "Butter," "Permission to Dance," and "Dynamite" paired with 3 LANEIGE Lip Sleeping Mask flavors. SEOUL, South Korea, Dec. 1, 2022 /PRNewswire/ -- Amorepacific today announces a second collaboration with 21st century pop icons BTS, presenting together the limited-edition 3-piece BTS | Amorepacific Lip Sleeping Mask Lip & Pop Edition Set. This partnership follows on the heels of a successful limited-edition release last year. Once again featuring the iconic LANEIGE Lip Sleeping Mask formula, this new set comes with three flavors, including a never-seen-before "Butter" flavor and the return of the fan-favorite Peach Iced Tea. Amorepacific and BTS collaborate to release limited-edition set featuring NEW “Butter” Lip Sleeping Mask flavor The theme for this highly anticipated collaboration is 'Love Your Lips, Feels Like POP!', which takes its inspiration from several of BTS' record-breaking hits including "Butter," "Permission to Dance," and "Dynamite." The Lip Sleeping Mask Lip & Pop Edition packaging features an image of a turntable, and the Lip Sleeping Mask jars are a nod to artwork from BTS album jackets, making them highly coveted collectibles. The set includes three delicious scents inspired by BTS' most popular songs: "Butter" - a brand new flavor that smells just like buttered popcorn and is inspired by their namesake hit record; Peach Iced Tea - a back-from-the-vault flavor that flew off shelves and is inspired by "Permission to Dance"; and the best-selling Sweet Candy to represent "Dynamite." Lip Sleeping Mask, LANEIGE's global best-seller, keeps lips supple and hydrated overnight for a smoother, plumper look. Amorepacific will continue to develop dynamic new products, and the Lip Sleeping Mask Lip & Pop Edition promises to deliver on that promise once again to customers. The BTS | Amorepacific Lip Sleeping Mask Lip & Pop Edition Set will be available in Australia and New Zealand starting today, December 1 at Sephora and Adore Beauty.
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China Daily: Gen Z sees historic congress shaping the future
BEIJING, Nov. 30, 2022 /PRNewswire/ -- The sixth episode of the second season of the China Daily broadcast Youth Power, titled "How Gen Z sees historic congress shaping the future", aired on Nov 30. In this episode of Youth Power, Chinese youth were invited to take a journey back in time through time capsules to look at what the spirit of the 20th Communist Party of China National Congress, held in Beijing recently, entails and to consider the journey the Party has traveled since it was founded 101 years ago. The first time capsule was a street interview from the 1990s in which Gen Zers saw how Chinese people of the day envisioned their country's future. Twenty to 30 years later many of these visions have become reality and China has embarked on a new path of modernization. The Chinese Gen Zers who took part in the program said that the success of the Chinese path to modernization offered a new model for other countries to distinguish themselves from the traditional Western way. Li Zesen, a student at Tsinghua University in Beijing who hails from Hong Kong special autonomous region, said the Chinese development path has shown the world that every country can have its own theory and path to modernization. "Each country can have their own sort of method, their own ways, their own concrete paths towards modernization, and there is not one sort of textbook example. All countries in their own unique context have their own way. What works for us is that we put the people in the first place." The next time capsule opened with a "green train" ticket for Spring Festival in 1996. Green trains, a traditional nickname for Chinese old-style passenger trains, are something burnished in the minds of many people. And today, with high-speed rail becoming one of China's four new great inventions, Gen Zers have witnessed the rapid development of the country's infrastructure. Chen Shihua, a student at Peking University, said infrastructure was also the symbol of a country's modernity. "They're actually the road that could link hearts and minds. They are giving kids opportunities to seek better education to give youngsters opportunities to seek their dreams, pursuing their personal development and giving people a way to see the outside world. And that is the reason why we build this infrastructure: for the prosperity of the nation." Infrastructure development is an important way for China to achieve common prosperity for its people, the Youth Power guests said. Taking the railway between China and Laos as an example, the host Zhong Yutong suggested that under the Belt and Road Initiative, China has helped neighboring countries with their infrastructure development. Huang Yunwei, a student at Shanghai International Studies University, said that "we not only create a bridge that is unobstructed but also a bridge of communication with other countries". The topic of China's reunification also produced lively debate in this episode of Youth Power. Zheng Yaling, a Gen Zer from Taiwan province, a student at Hunan University, opened the time capsule of the book Gaoshan People by Tian Fuda, the only representative of the Gaoshan People at the age of 20 who witnessed the founding ceremony of New China in 1949. Zheng said a poem in the book reminded her of the Wenchuan, Sichuan, earthquake of 2008, when Zheng, then 8, took her piggy bank to school, and, to her surprise, all her classmates did as well. In fact many Taiwan residents offered help in the aftermath of the quake, in which at least 69,000 people died, she said. They always believed that people on both sides of the Taiwan Straits are family, and that "blood is thicker than water." Chen Simo, who is also from Taiwan, talked of her identity, saying: "We can love the hometown that my father comes from and the hometown that my mother comes from. We can just love our Chinese mainland and love our Taiwan province at the same time. And this is not a two-for-one, multiple choice." She also expressed her willingness to become a messenger of peace to build a bridge of communication between the two sides of the Taiwan Straits. The time capsule opened by Shakeerjiang of Xinjiang Uygur autonomous region was a set of tapes with the song Where Are You Going, Uncle Kurban?, a beautiful melody that has passed down from generation to generation among the people of all ethnic groups throughout China. Suo Langji, a Gen Zer from Tibet, said: "At Renmin University of China I was able to experience the unity and harmony of all nationalities. We have helped each other and encouraged each other and become lifelong friends." Suo said that if the young thrive, the nation and its regions will prosper and become stronger. Young Tibetans and youths all over China have the same desire, "to dedicate ourselves to the prosperity of our country", she said. After opening the time capsules the Gen Zers expressed their wishes for the future for themselves, as well as for China and for the rest of the world, by making a new time capsule together. Inspired by the CPC National Congress, the Gen Zers said they would answer the call of their times, live to the full, meet the expectations of the Party and the people, and strive to be brilliant Chinese youth. Youth Power, organized by China Daily and first broadcast in June last year, aims to build a global platform for communication and exchange focusing on the interests and ideas of Generation Z. The program comes in the form of interviews, forums and speeches, with topics related to anything of current interest in the world.
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iClick Interactive Regains Compliance with Nasdaq's Minimum Bid Price Requirement
HONG KONG, Nov. 30, 2022 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), a leading enterprise and marketing cloud platform in China that empowers worldwide brands with full-stack consumer lifecycle solutions, today announced that it received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") dated November 29, 2022, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5450(a)(1) (the "Minimum Bid Price Requirement"). As previously announced, the Company received a notification letter from the Nasdaq dated June 14, 2022 indicating that the closing bid price of the Company's American depositary shares (the "ADSs") was below the minimum bid price of $1.00 required for continued listing under the Nasdaq Listing Rule 5450(a)(1) for 30 consecutive business days. In order to regain compliance with the Minimum Bid Price Requirement, the Company changed the ratio of its ADSs representing its Class A ordinary shares from one (1) ADS representing one-half (1/2) of one Class A ordinary share to one (1) ADS representing five (5) Class A ordinary shares. The change became effective on November 14, 2022. According to the Compliance Notice, the closing bid price of the Company's ADSs has been at $1.00 per ADS or greater for 10 consecutive business days from November 14 through November 28, 2022, and the Company has regained compliance with the Minimum Bid Price Requirement and the matter is closed. About iClick Interactive Asia Group Limited Founded in 2009, iClick Interactive Asia Group Limited (NASDAQ: ICLK) is a leading enterprise and marketing cloud platform in China. iClick's mission is to empower worldwide brands to unlock the enormous market potential of smart retail. With its leading proprietary technologies, iClick's full suite of data-driven solutions helps brands drive significant business growth and profitability throughout the full consumer lifecycle. Headquartered in Hong Kong, iClick currently operates in eleven locations across Asia and Europe. For more information, please visit https://ir.i-click.com. For investor and media inquiries, please contact: In China: In the United States: iClick Interactive Asia Group Limited Core IR Lisa Li Tom Caden Phone: +86-21-3230-3931 #866 Tel: +1-516-222-2560 E-mail: ir@i-click.com E-mail: tomc@coreir.com
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HINEWS: The 2022 Hainan Beach Sports Carnival Concludes
The success of the event shows how the integration of sports and tourism is a winning business model HAIKOU, China, Nov. 30, 2022 /PRNewswire/ -- On November 27, the 2022 Hainan Beach Sports Carnival came to a successful conclusion in the town of Wanning. This year, the event, which contained an exciting mix of sports tourism, culture, music, and entertainment, drew on what Hainan does best: the sun, the sand, and the sea, plus the rich mix of beach sports and coastal tourism resources available in the island's cities and towns. The offerings included a diverse mix of sports and tourism options that were created by integrating and optimizing the island's beach sports portfolio, in combination with local resources specialized in sports, local culture, technology, education, and tourism, creating a new sports + tourism model that adds further vitality to the elements that have been drawing visitors to the island for decades. The 2022 Hainan Beach Sports Carnival Concludes The island's beaches serve as a platform from which to capitalize on the integration of sports and tourism Hainan boasts rich beach resources, with 68 bays and over 1,944.35 kilometers of some of the world's most alluring and diverse coastline, providing an unbeatable foundation from which to promote beach sports and the integration of sports and tourism as the business model. What is unique about the Carnival is that it is China's only beach sports event with the participation of multiple cities and the iconic IP of the island as part of its sports and tourism integration strategy. Five towns along Hainan's colorful coastline stand out for their identification with beach sports The 2022 Hainan Beach Sports Carnival traveled to five cities and towns between November 11 and November 27: Haikou, Sanya, Danzhou, Wanning, and Wenchang, each with a distinctive theme that gave participants, residents, and tourists the opportunity to partake in the thrill of beach sports. WenchangThemed Heat Wave Beach Volleyball, the beachfront community launched a series of activities, including the 2022 Hainan Wenchang National Women's Beach Volleyball Invitational Tournament, Six-Person Beach Volleyball Tournament, Beach Rugby Invitational Tournament, "Child Stars Hit the Earth" Music Party and Space Dream Beach Volleyball Park, in an initiative to transform the city into a national production and sales hub for volleyball sports and tourism offerings, as well as a promotion platform for Hainan's volleyball culture. HaikouThe city, which is also the capital of the province, hosted the Haikou Beach Football Tournament, Beach Beer Party, and the interactive activities of Weilan Football World. Themed Vibrant Beach Football, the series of activities gives tourists and locals an opportunity to participate in the excitement of the sport. By choosing and focusing on such a popular activity, the city expects the effort to add to the allure of Hainan as a destination of choice for travellers, while also expanding the city's sports industry chain. Sanya In an effort to establish this town as a beach leisure sports and tourism destination for athletes, tourists, and locals who will be drawn to the distinctiveness of Sanya's tourism culture, the city hosted the Asian Beach Games, a series of events that are representative of the various beach-related activities that are available at the seaside resort. Further highlighting the draw of this town, already synonymous with "sun, sand and sea" for anyone residing or having travelled in Asia, is the availability of fitness-oriented sports, fun things to do for a family on vacation and a host of other tourism offerings. Danzhou The town has created the Beach and Sea-crossing Heroes project around the theme of beach running and sea swimming, making full use of the unique coastal landscape and beach resources of Ocean Flower Island to create two events, the Beach Sports Fun Carnival, and the Sea Swim, to support its integrated development as well as that of neighboring Yangpu. Danzhou's municipal government expects that the project will transform the town, and by extension, the whole of Hainan, into a destination of choice for holiday travel, beach sports, and leisure. Wanning The 2022 Hainan Wanning X-LOONGROAD Beach Obstacle Course and the X-LOONGROAD Beach Music Party were launched by the seaside community as part of the 2022 Hainan Beach Sports Carnival Wanning Beach E-Games to promote what the town has coined Beach Extreme, intending to create an outdoor extreme sports experience platform and a popular gathering place for outdoor sports enthusiasts. Looking ahead, Hainan plans to continue adding to the number of sports options as different business models for staging sports events are explored and integrated into the "product lineup". The plan includes the introduction of more high-end sports, as well as activities that align with the national beach fitness movement, with the ultimate goal of achieving a successful integration of Hainan's sports and tourism industries.
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Investment in Shenzhen's Luohu hits new high
BEIJING, Nov. 30, 2022 /PRNewswire/ -- This is a report from China.org.cn. The 2022 Luohu Investment Promotion Conference opening ceremony in Luohu district, Shenzhen, Nov. 24, 2022. The 2022 Luohu Investment Promotion Conference kicked off on Nov. 24 in Luohu district, south China's Shenzhen, the country's first special economic zone which was established in 1980. Twelve of the world's top 500 enterprises and 10 foreign businesses attended the conference. Themed "New Luohu, Towards the Future," the conference aimed to invite enterprises from around the world to unleash the tremendous industrial potential of Luohu. 102.4 billion yuan investment attracted At the conference, investment deals worth 102.4 billion yuan ($14 billion) among 60 projects were inked, involving cooperation with global top-500 companies including Hengli Petrochemical Co., Ltd., industry leaders like Vanguard, and unicorn companies. Twenty project representatives attended and signed deals at the conference. This year, Luohu held nearly 100 investment promotion events and its officials conducted more than 500 visits to enterprises outside Shenzhen. It has engaged in 161 new projects and successfully settled 43 new projects from outside the city, with the two figures ranking first among all districts in Shenzhen. Luohu awarded licenses to 16 investment partners, including the Internet Professional Association and Dah Sing Bank (China), to create competitive advantages and foster a new industrial driving force. In the future, the investment partners will seek common development with Luohu and jointly create a new model of targeted investment promotion. Hendrick Sin, president of the Internet Professional Association, said that the association decided to become one of Luohu's investment partners due to the district's beneficial business environment and solid foundation in finance and other advantageous industries. The association will leverage its resources in Hong Kong and the advantages of Shenzhen-Hong Kong synergy to build Luohu into an ideal place for Hong Kong enterprises to invest in the Chinese mainland. In addition, the conference was the first to utilize naked-eye 5D holographic extended reality technology in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). Business environment constantly improved Over the past 40 years since China's reform and opening-up, Luohu has broken records in Shenzhen and persevered in exploring the path toward high-quality and sustainable industrial development. With a solid economic foundation and a continuously improving business environment, Luohu constitutes a fertile ground for innovation and entrepreneurship. Luohu has allocated 1 billion yuan and offered a "1+3+N" industrial policy package to facilitate the development of enterprises settling and investing in the district. More specifically, "1" indicates one overall special fund management method for industrial development; "3" refers to the three implementation rules in investment attraction, high-quality development and sci-tech innovation; and "N" points to many special policies supporting competitive industries. "Talent and enterprises are gathering in Luohu, making the district's value as a center in Shenzhen increasingly prominent," noted Fan Defan, the head of Luohu district. Enterprises and institutions in the finance, trade, business service and strategic emerging industries in Luohu will benefit from local subsidy policies, with some receiving a maximum subsidy of 100 million yuan. For leading talents, the district will offer an award of up to 800,000 yuan alongside housing concessions. Luohu has launched a mini program connected to the "Luohu Enterprise Service Platform" (you may click https://lhqf.szlh.org.cn/server to know more about the platform) to help enterprises access relevant information to clarify specific policies. Land is the material basis for high-quality economic growth. At the conference, it was stated that Luohu has set aside about 50 hectares of land and 2 million square meters of high-quality industrial space for industrial development. Supporting policies regarding land usage, housing purchases, and rentals have also been implemented. In the future, Luohu will provide more than 6 million square meters of high-quality industrial space through urban renovation, land preparation, and improvements to the quality and efficiency of industrial parks. The land will be used for specific purposes. For example, the Qingshuihe base will house a platform and other forms of companies, while the Sungang base will host enterprises in such industries as home items and automobiles. Meanwhile, the Shenzhen-Hong Kong zone for deep-integrated development will expand the cross-border economy and promote in-depth cooperation between Shenzhen and Hong Kong in areas including commerce and consumption, special finance and sci-tech services. The zone will improve modern business and trade. A refreshed Luohu exudes new vitality Luohu is booming with new vitality on its new journey. As a transportation hub, the district boasts the most land ports and the largest customs clearance volume in Shenzhen, with its Luohu Port, Wenjindu Port and Liantang Port particularly renowned. It also has railways and a high-density subway network, thereby making the district a hub for people, logistics, capital and information flows between Shenzhen and Hong Kong. With large flows comes high consumption needs. In Luohu, the wholesale, retail, accommodation, catering and related sectors account for a quarter of the district's GDP. Its night economy also ranked No. 8 among the top 100 counties and cities in China in 2021, the only district in Shenzhen to enter the top 10 list. Currently, Luohu is contributing to accelerating the integration between Shenzhen and Hong Kong and building a "one-hour traffic circle" in the GBA. It is the first district in Shenzhen to introduce policies to support professionals from Hong Kong and Macao to start businesses and find employment. In addition, it has established four Guangdong-Hong Kong-Macao talent partnership bases. Furthermore, Luohu is vigorously developing five distinct consumption blocks serving fashion consumption, international high-end consumption, culture-based consumption, and other consumption models. Moreover, Luohu continues to consolidate its advantages in terms of a favorable business environment, a high quality of life, and an effective ecological protection system. Luohu sincerely invites global enterprises to invest in the district for common development. You may click http://www.szlh.gov.cn/English/ to know more about Luohu. Investment in Shenzhen's Luohu hits new high http://www.china.org.cn/business/2022-11/30/content_78545273.htm
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Frost & Sullivan Best Practices Awards Honors Disruptive Organizations in the Region
21 Awards are set to be presented at Frost & Sullivan's 11th Virtual Awards Ceremony, which will be broadcasted live on YouTube at 1730 hours (GMT +8), 7 December 2022. SINGAPORE, Nov. 30, 2022 /PRNewswire/ -- For over 20 years, Frost & Sullivan's Best Practices Awards have recognized leading companies that have accomplished innovative or disruptive breakthroughs while continually demonstrating tremendous achievements in their respective industries. Please tune in to YouTube @FrostSullivanAsiaPacific on 7th December 2022 for Frost & Sullivan’s Asia-Pacific Best Practices Virtual Awards Ceremony. This marks the 11th virtual awards ceremony in Asia-Pacific since transitioning from in-person banquets as a response to the pandemic. These virtual award ceremonies have played host to award recipients and presenters from across the globe — an opportunity otherwise non-viable under normal circumstances. Congratulating the awardees on their best-in-class performance, Darrell Huntsman, Chief Executive Officer at Frost & Sullivan, commends the recipients for their accomplishments. "It gives me great pleasure to recognize all our award recipients, to share their outstanding achievements, celebrate their ongoing success, and join in on the excitement of their future. No doubt this is an opportunity for all of us to take stock and build forward." The award recipients were identified using Frost & Sullivan's proprietary, measurement-based methodology derived from extensive primary and secondary research, in-depth interviews, analysis, and industry benchmarking. Numerous award categories were carefully reviewed and evaluated to reflect the current market landscape and highlight emerging trends in Asia. A detailed study was further conducted on each of the nominated companies, focusing on real-time performance indicators like market share, revenue growth, customer acquisitions, product/service value, and technology innovation. The companies that emerged represent outstanding leaders that are driving positive trends in the Asia-Pacific economy. Alam Flora Environmental Solutions Sdn Bhd - 2022 Malaysia Integrated Environmental Solutions Company of the Year Award Alam Flora Sdn Bhd - 2022 Malaysia Waste Management Company of the Year Award Amway - 2022 Asia-Pacific Home Water Treatment Competitive Strategy Leadership Award Avance Clinical Pty Ltd - 2022 Asia-Pacific CRO Customer Value Leadership Award Axiata Group Berhad - 2022 Asia-Pacific Telecommunications Group Company of the Year Award CHT Security Co., Ltd. - 2022 Taiwan Cybersecurity Services Company of the Year Award Chunghwa Telecom - 2022 Taiwan Data Center Services Company of the Year Award CrowdStrike - 2022 Asia-Pacific Managed Detection and Response Company of the Year Award CUCKOO - 2022 Malaysia Home Water Purifier Company of the Year Award CUCKOO International (MAL) Sdn Bhd - 2022 Southeast Asia Home Wellness Solutions Company of the Year Award edotco Group Sdn Bhd - 2022 Asia-Pacific Telecoms Tower Company of the Year Award Equinix - 2022 Asia-Pacific Data Center Services Company of the Year Award FGV Holdings Berhad - 2022 Malaysia Sustainable Palm Oil Developments Market Leadership Award Frasers Property Industrial (Thailand) Co., Ltd. - 2022 Thailand Sustainable Warehouse Development Company of the Year Award GoCar Mobility Sdn. Bhd. - 2022 Malaysia Car Sharing Company of the Year Award Lintasarta - 2022 Indonesia Cybersecurity Services Company of the Year Award MR D.I.Y. Group (M) Berhad - 2022 Malaysia Home Improvement Retail Company of the Year Award NEC Corporation - 2022 Southeast Asia AI in Retail Competitive Strategy Leadership Award Novotech Health Holdings - 2022 Asia-Pacific CRO Company of the Year Award One to One Contacts PLC. - 2022 Thailand Customer Experience Outsourcing Services Company of the Year Award PT Infomedia Nusantara - 2022 Indonesia Customer Experience Outsourcing Services Company of the Year Award PT. Prodia Diacro Laboratories - 2022 Indonesia CRO Company of the Year Award Renault Malaysia (TC Euro Cars Sdn Bhd) - 2022 Malaysia Car Subscription Company of the Year Award Singtel - 2022 Asia-Pacific 5G Enterprise Technology Innovation Leadership Award Singtel - 2022 Asia-Pacific 5G Enterprise Customer Value Leadership Award Smart Axiata Co., Ltd. - 2022 Cambodia Mobile Data Company of the Year Award Smart Axiata Co., Ltd. - 2022 Cambodia Mobile Services Company of the Year Award Smart Selangor Delivery Unit - 2022 Southeast Asia Smart City Governance Agency Company of the Year Award TM One - 2022 Malaysia Cybersecurity Services Company of the Year Award TMC Fertility & Women's Specialist Centre - 2022 Malaysia Fertility Treatment Services Enabling Technology Leadership Award Toku - 2022 Southeast Asia Cloud Contact Center Services Entrepreneurial Company of the Year Award Trustwave - 2022 Singapore Cybersecurity Services Company of the Year Award U Mobile - 2022 Malaysia Mobile Services Company of the Year Award UEM Edgenta Berhad - 2022 Malaysia Facility Management Company of the Year Award VinCSS - 2022 Southeast Asia Passwordless Authentication Enabling Technology Leadership Award WuXi AppTec - 2022 Global Contract Research, Development, and Manufacturing Organization Company of the Year Award Among the 36 awards listed above, 21 will be presented at Frost & Sullivan's 11th virtual awards ceremony. The one-hour event will be livestreamed on 7 December 2022 on YouTube. To learn more about the awards and partnership opportunities for the 2023 awards, please visit https://www.frost.com/about/best-practices-recognition/. To schedule an interaction with a Frost & Sullivan spokesperson, please email Kala Mani.S. at kala.manis@frost.com. About Frost & Sullivan For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Media Contact: Kala Mani. S.Email: kala.manis@frost.com Related Linkswww.frost.com
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Zhihu Inc. Reports Unaudited Third Quarter 2022 Financial Results
BEIJING, Nov. 30, 2022 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH; HKEX: 2390), the operator of Zhihu, a leading online content community in China, today announced its unaudited financial results for the quarter ended September 30, 2022. Third Quarter 2022 Highlights Total revenues were RMB911.7 million (US$128.2 million) for the third quarter of 2022, representing a 10.7% increase from the same period of 2021. Average monthly active users ("MAUs")[1] were 97.0 million for the third quarter of 2022, compared with 101.2 million for the same period of 2021. Average monthly paying members[2] reached 10.9 million for the third quarter of 2022, representing a 99.5% increase from the same period of 2021. "In the third quarter, we made further strides executing our 'community ecosystem first' strategy, shifting our focus to quality user growth and bolstering the strength and resilience of our content-centric business model," said Mr. Yuan Zhou, chairman of the board and chief executive officer of Zhihu. "We saw encouraging performance across an array of user growth metrics including user activeness and time spent. We were also delighted to see an increased number of content creators who received financial incentives and earned higher average income in the Zhihu community. Moving ahead, we are committed to further enhancing the vitality of the Zhihu community, expanding our competitiveness, and striving to create long-term value for all the stakeholders." Mr. Wei Sun, chief financial officer of Zhihu, added, "Despite the ongoing challenging macroeconomic conditions, our total revenues for the quarter recorded a double-digit year-over-year increase. Paid membership once again demonstrated robust growth potential with average monthly paying members reaching a new record high, and revenue from our vocational training business quadrupled year over year as we continued to expand offerings and address users' on-the-go needs. Meanwhile, our net loss for the quarter was significantly narrowed on a quarter-on-quarter basis. We firmly believe that Zhihu's resilient and innovative business model positions us well for continued investment for long-term growth while striving to achieve profitability." Third Quarter 2022 Financial Results Total revenues were RMB911.7 million (US$128.2 million) for the third quarter of 2022, representing a 10.7% increase from RMB823.5 million for the same period of 2021. Advertising revenue was RMB196.7 million (US$27.7 million) for the third quarter of 2022, compared with RMB321.1 million for the same period of 2021. The decrease primarily reflected the headwinds faced by the online advertising industry in China broadly affected by the challenging macroeconomic conditions and the pandemic's resurgence nationwide. Paid membership revenue was RMB335.4 million (US$47.2 million) for the third quarter of 2022, representing an 88.1% increase from RMB178.3 million for the same period of 2021. The increase was primarily due to the continued growth of our paying members, reflecting the attractiveness of our premium content and recognition of our paid membership value. Content-commerce solutions revenue was RMB265.2 million (US$37.3 million) for the third quarter of 2022, compared with RMB278.4 million for the same period of 2021.The decrease was primarily due to the challenging macroeconomic environment. Vocational Training revenue[3] was RMB78.0 million (US$11.0 million) for the third quarter of 2022, increasing from RMB14.0 million for the same period of 2021. The strong increase was primarily due to the growth of our paying members attracted to our growing and diverse course offerings. Other revenues were RMB36.3 million (US$5.1 million) for the third quarter of 2022, representing a 14.7% increase from RMB31.7 million for the same period of 2021. The increase was primarily due to the broadened offerings of our private label products and book series. Cost of revenues increased to RMB467.3 million (US$65.7 million) for the third quarter of 2022 from RMB398.6 million for the same period of 2021. The increase was primarily due to higher content-related costs and payment processing fees, as well as increased cloud services and bandwidth costs. Gross profit increased to RMB444.4 million (US$62.5 million) for the third quarter of 2022 from RMB424.8 million for the same period of 2021. Gross margin for the third quarter of 2022 was 48.7%, compared with 51.6% for the same period of 2021. Total operating expenses decreased to RMB723.0 million (US$101.6 million) for the third quarter of 2022 from RMB747.3 million for the same period of 2021. Selling and marketing expenses increased to RMB478.3 million (US$67.2 million) for the third quarter of 2022 from RMB374.7 million for the third quarter of 2021. The increase was primarily due to higher promotion and advertising expenses as we continued to strengthen Zhihu's brand and promote Zhihu's community culture. Research and development expenses decreased to RMB160.8 million (US$22.6 million) for the third quarter of 2022 from RMB184.7 million for the same period of 2021. The decrease was primarily due to a decline in personnel-related expenses. General and administrative expenses decreased to RMB83.9 million (US$11.8 million) for the third quarter of 2022 from RMB188.0 million for the same period of 2021. The decrease was primarily due to lower share-based compensation expenses. Loss from operations decreased to RMB278.6 million (US$39.2 million) for the third quarter of 2022 from RMB322.5 million for the same period of 2021. Other income/(expenses) is comprised of investment income, interest income, fair value change of financial instruments, exchange gains/(losses) and others, net. The year-over-year changes were mainly due to the following. Fair value change of financial instruments was a loss of RMB79.3 million (US$11.1 million) for the third quarter of 2022, compared to a gain of RMB11.1 million for the same period of 2021, primarily attributable to the fair value change of financial instruments related to currency exchange options and forward contracts due to the appreciation of U.S. dollars against Renminbi. Exchange gains were RMB28.3 million (US$4.0 million) for the third quarter of 2022, compared with RMB8.7 million for the same period of 2021, primarily due to the appreciation of U.S. dollars against Renminbi. Net loss was RMB297.6 million (US$41.8 million) for the third quarter of 2022, compared with RMB269.8 million for the same period of 2021. Adjusted net loss (non-GAAP)[4] was RMB250.6 million (US$35.2 million) for the third quarter of 2022, compared with RMB112.4 million for the same period of 2021. Basic and diluted net loss per ADS was RMB0.49 (US$0.07) for the third quarter of 2022, compared with RMB0.46 for the same period of 2021. Cash and cash equivalents, term deposits, and short-term investments As of September 30, 2022, the Company had cash and cash equivalents, term deposits, and short-term investments of RMB6.6 billion (US$0.9 billion), compared with RMB7.4 billion as of December 31, 2021. Share Repurchase Program In May 2022, the Company announced a share repurchase program under which the Company may repurchase up to US$100 million of Class A ordinary shares or ADSs for a 12-month period, subject to the shareholders' approval for granting a general mandate to the board of directors to repurchase shares or ADSs of the Company. This general mandate was obtained at the Company's annual general meeting held on June 10, 2022. As of September 30, 2022, approximately 4.9 million Class A ordinary shares (including Class A ordinary shares underlying the ADSs) had been repurchased on both the New York Stock Exchange and The Stock Exchange of Hong Kong Limited under the program for a total price of US$13.2 million. [1] MAUs refers to the sum of the number of mobile devices that launch our mobile app at least once in a given month, or mobile MAUs, and the number of logged-in users who visit our PC or mobile website at least once in a given month, after eliminating duplicates. [2] Average monthly paying members for a period is calculated by dividing the sum of monthly paying members for each month during the specified period by the number of months in such period. [3] Effective in the first quarter of 2022, the Company separately reported the revenue of its vocational training business, which was formerly included in "revenue - others," in light of the significant growth of the revenue contribution from vocational training to the Company's total revenues. For comparison purposes, the revenue of vocational training business and the revenue in "others" for each quarter of 2021 have been retrospectively re-classified. [4] Adjusted net loss is a non-GAAP financial measure. For more information on the non-GAAP financial measure, please see the section of "Use of Non-GAAP Financial Measure" and the table captioned "Unaudited Reconciliations of GAAP and Non-GAAP Results" set forth at the end of this press release. Conference Call The Company's management will host an earnings conference call at 7:00 a.m. U.S. Eastern Time on November 30, 2022 (8:00 p.m. Beijing/Hong Kong time on November 30, 2022). All participants must pre-register online using the link provided below. Once the pre-registration has been completed, participants will receive dial-in numbers, a passcode, and a unique registrant ID which can be used to join the conference call. Participants may pre-register at any time, including up to and after the call start time. PRE-REGISTER LINK: https://dpregister.com/sreg/10173450/f528d59af8 Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at https://ir.zhihu.com. A replay of the conference call will be accessible approximately one hour after the conclusion of the live call until December 7, 2022, by dialing the following telephone numbers: United States: +1-877-344-7529 International: +1-412-317-0088 Replay Access Code: 4752812 About Zhihu Inc. Zhihu Inc. (NYSE: ZH; HKEX: 2390), the operator of Zhihu, a leading online content community in China where people come to find solutions, make decisions, seek inspiration, and have fun. We have been dedicated to expanding our content and service offerings to enable our users to explore and enjoy "fulfilling content" (有获得感的內容) that broadens horizons, provides solutions, and resonates with minds. Since the initial launch in 2010, we have grown from a Q&A community into one of the top five comprehensive online content communities and the largest Q&A-inspired online content community in China, both in terms of average mobile MAUs and revenue in 2019, 2020, and 2021, according to CIC. For more information, please visit https://ir.zhihu.com. Use of Non-GAAP Financial Measure In evaluating the business, the Company considers and uses adjusted net loss, a non-GAAP financial measure, to supplement the review and assessment of its operating performance. The Company defines adjusted net loss as net loss adjusted for the impact of share-based compensation expenses, amortization of intangible assets resulting from business acquisitions and the tax effects of the non-GAAP adjustments, which are non-cash expenses. The Company believes that the non-GAAP measure facilitates comparisons of operating performance from period to period and company to company by adjusting for potential impacts of items, which the Company's management considers to be indicative of its operating performance. The Company believes that the non-GAAP financial measure provides useful information to investors and others in understanding and evaluating the Company's consolidated results of operations in the same manner as it helps the Company's management. The non-GAAP financial measure is not defined under U.S. GAAP and is not presented in accordance with U.S. GAAP. The presentation of the non-GAAP financial measure may not be comparable to similarly titled measure presented by other companies. The use of the non-GAAP measure has limitations as an analytical tool, and investors should not consider it in isolation from, or as a substitute for analysis of, our results of operations or financial condition as reported under U.S. GAAP. For more information on the non-GAAP financial measure, please see the tables captioned "Unaudited Reconciliations of GAAP and Non-GAAP Results" set forth at the end of this press release. Exchange Rate Information This announcement contains translations of certain Renminbi amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from Renminbi to U.S. dollars were made at a rate of RMB7.1135 to US$1.00, the exchange rate in effect as of September 30, 2022 as set forth in the H.10 statistical release of the Federal Reserve Board. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to," or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC and the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law. For investor and media inquiries, please contact: In China: Zhihu Inc.Email: ir@zhihu.com The Piacente Group, Inc.Helen WuTel: +86-10-6508-0677Email: zhihu@tpg-ir.com In the United States: The Piacente Group, Inc.Brandi PiacentePhone: +1-212-481-2050Email: zhihu@tpg-ir.com ZHIHU INC. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (All amounts in thousands, except share, ADS, per share data and per ADS data) For the Three Months Ended For the Nine Months Ended September 30, 2021 June 30, 2022 September 30, 2022 September 30, 2021 September 30, 2022 RMB RMB RMB US$ RMB RMB US$ Revenues: Advertising 321,072 237,597 196,689 27,650 783,074 651,603 91,601 Paid membership 178,307 271,168 335,435 47,155 459,751 828,273 116,437 Content-commerce solutions 278,415 240,454 265,249 37,288 606,691 732,490 102,972 Vocational Training 13,991 46,127 78,004 10,966 23,626 163,675 23,009 Others 31,681 40,670 36,334 5,108 66,962 114,913 16,154 Total revenues 823,466 836,016 911,711 128,167 1,940,104 2,490,954 350,173 Cost of revenues (398,617) (436,414) (467,327) (65,696) (866,031) (1,311,425) (184,357) Gross profit 424,849 399,602 444,384 62,471 1,074,073 1,179,529 165,816 Selling and marketing expenses (374,696) (532,375) (478,279) (67,235) (1,164,558) (1,517,239) (213,290) Research and development expenses (184,657) (223,589) (160,760) (22,599) (411,579) (550,867) (77,440) General and administrative expenses (187,972) (104,290) (83,944) (11,801) (513,411) (498,866) (70,129) Total operating expenses (747,325) (860,254) (722,983) (101,635) (2,089,548) (2,566,972) (360,859) Loss from operations (322,476) (460,652) (278,599) (39,164) (1,015,475) (1,387,443) (195,043) Other income/(expenses): Investment income 15,617 20,596 23,138 3,253 37,070 64,458 9,061 Interest income 9,850 10,480 14,598 2,052 21,428 34,433 4,841 Fair value change of financial instruments 11,136 (101,197) (79,322) (11,151) 21,746 (172,066) (24,189) Exchange gains 8,724 49,126 28,302 3,979 13,489 73,273 10,301 Others, net 7,640 1,001 (3,047) (428) 8,573 (116) (16) Loss before income tax (269,509) (480,646) (294,930) (41,459) (913,169) (1,387,461) (195,045) Income tax expense (303) (6,375) (2,655) (373) (2,420) (11,428) (1,607) Net loss (269,812) (487,021) (297,585) (41,832) (915,589) (1,398,889) (196,652) Net income attributable to noncontrolling interests - - (2,590)
CGTN: China's Vision into the Future on New CGTN Docuseries "China Aspirations"
BEIJING, Nov. 30, 2022 /PRNewswire/ -- After China's 20th National Congress, the country's roadmap for the future has been the main focus of the international community. China Aspirations offers a fresh interpretation of how China's change over the years is set to shape its vision for the future.   Presented by CGTN, the four-part docuseries premieres on November 24 globally. China Aspirations will take the audience on a journey across the world, from the birthplace of Chinese civilization to the cradle of China's quantum technology. From the ancient Hindu temples of Nepal to the great Savannah of Kenya. Following the lives of 24 groups of individuals, including nuclear fusion scientists, iron-armor craftsmen, elephant guardians, animators, policy makers and doctors etc., the docuseries uncovers clues behind the country's remarkable change in the past decade by documenting the lives of the individuals who have helped shape the current landscape of China. China Aspirations dismantles the conventional narrative of China by showcasing the vivid real-life characters that believe they should be different and can be different. How they can make the impossible possible and simply 'get things done', but more importantly, how they see themselves and their role as a global citizen. The four-part series – "NEW COOL", "MONEY STORIES", "MARK MY WORDS", and "INTO THE FUTURE", will cover topics on culture, economy, governance, and global affairs. Many say China has gone through a decade of growing confidence, which has been the cause of concern for many critics and politicians. But for the generations growing up in the past decade, this change is now an intrinsic part of their life and they take pride in rediscovering their heritage and reviving lost traditions. China Aspirations showcases the rippling effect brought by this new generation by taking a unique approach from the perspective of a romantic, heroic, and legendary poet in the Chinese history. Song Ci poem, a special form of China's musical poetry, has greatly influenced the Chinese people's spiritual world for over a thousand years. Working with a group of artists dedicated to bringing back the lost form of art, the docuseries, for the first time ever, has been able to re-create the lost tune of one of the most famous and influential Song Ci poems for the modern world to see. The series also unveils the secrets behind China's fastest-growing city, at a speed almost unheard of in most parts of the world. And how the world's first IPO quantum tech company operates after several rounds of U.S. sanctions. China Aspirations explores the new driving forces behind the world's second-largest economy on the transition to a high-quality development mode, while listening to the voice of a new generation embracing change to accomplish their dreams. CGTN will release China Aspirations in 15 languages, including English, Spanish, Arabic, Russian, French, Mongolian, Hebrew, Portuguese, Hindi, Persian, Vietnamese, Bengali, Myanmar, Indonesian and German. The full series and short clips will also be available on CGTN's official website, APP and social media handles after its premier on CGTN. https://www.cgtn.com/specials/2022/china-aspirations.html
Xinhua Silk Road: 111 deals involving RMB135.28 bln signed at new materials industry conference held in Bengbu, Anhui
BEIJING, Nov. 30, 2022 /PRNewswire/ -- A total of 111 project deals in the fields of new material industry were signed during the second International New Materials Industry Conference (INMIC), which kicked off in Bengbu City of east China's Anhui Province Saturday, with a total investment of 135.28 billion yuan. Photo shows signing ceremony of 2nd INMIC (Photo provided to Xinhua, taken by Chen Ang) Wang Qingxian, governor of Anhui Province, said that Anhui has attached great importance to the development of new material industry in recent years and included it in the top ten emerging industries of the province in the 14th Five-Year Plan period. Taking this conference as an opportunity, Anhui will further promote domestic and international cooperation in the new materials field, and promote vertical and horizontal coordination of the new material industry, as well as deeply integrate the innovation chain, industrial chain, capital chain and talent chain, according to Wang. Activities such as business promotions, achievement demonstrations and project signing ceremonies were held during the conference. A batch of innovation achievements and innovation needs in the field of new material industry in Anhui were displayed. Currently, the new material industry has become the main direction of transformation and upgrading of Bengbu City. The city is focusing on the application of new materials, vigorously developing silicon-based and bio-based new materials, as well as high-end equipment manufacturing. See the original link: https://en.imsilkroad.com/p/331384.html
Globalnewsonline: Jiang Mingcheng "Mingcheng College": The Biggest Pitfall of the Stock Market and Two Methods of Making Money
NEW YORK, Nov. 30, 2022 /PRNewswire/ -- The following is a report from Globalnewsonline: Mr. Jiang Mingcheng is renowned for his extensive experience in investment, and Mingcheng College set up by him has benefited many people. Mr. Jiang has analyzed the rise and fall of stocks more than once. First, stocks go up or down, and even a haphazard operation gives you half a chance to make money. Mr. Jiang says that this idea itself is correct, and so are the ideas of most people, but what goes wrong is that not every operation is haphazard. Factors that need to be analyzed range from the world situation, and one country's overall policy to one company's fundamentals, news, and K-line trend. Everything behind every operation needs to be analyzed. And therein lies the problem. There is a law in the stock market that any publicly available information is useless for predicting the price of a stock. Do not assume that clear news is good news, Mr. Jiang emphasizes. In March, global financial markets collapsed under the onslaught of the pandemic. After the pandemic, rough statistics ostensibly gave rise to a surge in global financial markets. Mr. Jiang points out that the chaotic stock market is a combination of human nature, business, finance and so on, and will not rise or fall all at once. Even then, some people will find some other reason to convince themselves. Mr. Jiang's view is that the short-term nature of the stock is subject to random change. That said, how can retail investors make money from the stock market? Mr. Jiang shares two methods in his class. The first one is a 50% chance of making money in one haphazard operation. Mr. Jiang says this method means increasing the average holding years and reducing the operation as much as possible. Over 100 years of stock market data tells us that if we hold it for more than three years, the chance of making money increases to 75%. But it is far from enough to just do that. We have to have a strict investment record. Because no one can guarantee that he will hold it every time. In long-term trading, an investment strategy must be executed with iron-like discipline. We must always be sensible and never believe in the "perfect escape from the fall" technique. Mr. Jiang underlies that this technique is the biggest pitfall in the stock market, and nothing can be perfectly avoided. This method can make money because people begin to accept the unpredictability of short-term stocks and focus on the long-term. However, it is extremely difficult for ordinary people to execute this method and to overcome instinctive emotions because they have never undergone professional training. So for ordinary people, Mr. Jiang recommends the second method, which is to buy stocks and hold them for a long time. Do not count your chickens before they are hatched. The long-term holding mentioned here may be a far cry from what we think of. Here Mr. Jiang shares a long-term holding of the index fund tracking the overall market. We should be careful to hold a few financial or semiconductor stocks because no stock can exist permanently, and the vast majority of the stocks will disappear from the market. However, the market continues to exist. There are two reasons accounting for the rise and fall of the market: one is the improved productivity of overall enterprises, and the other is the continuous progress of human civilization. It is safe to hold as long as the world meets the second condition. Company: GlobalnewsonlineContact Person: Luayy AlkilaniEmail: jan@globalnewsonline.infoWebsite: http://www.globalnewsonline.info/Telephone: 212998121City: New YorkAddress: 623 West End Avenue, Unit 4-ANew York, NY 10024
Shenzhen is Emerging as A Capital of Fashion with Eyewear, Gold Jewelry, Leather and Furniture Industry Clusters
SHENZHEN, China, Nov. 30, 2022 /PRNewswire/ -- A news report from People's Daily Online: A metropolis long known for its vitality, Shenzhen is now taking on a new moniker, the City of Fashion. The 25th Shenzhen International Exhibition for Clothing Supply Chain and the 10th Shenzhen Original Design Fashion Week came to an end at the Shenzhen World Exhibition & Convention Center on November 23. The exhibitions featured more than 50 events covering the entire fashion industry chain and brought together more than 800 selected exhibitors from all over the world to Shenzhen, the fastest-growing city in China, which is striving to become an icon in the global fashion industry and an international fashion capital offering cutting-edge products. Shenzhen's fashion industry, which began with processing and manufacturing some 40 years ago, has formed a modern fashion industry cluster designing and producing products ranging from garments to watches, eyewear, furniture, leather, gold, and jewelry. Nowadays, Shenzhen is an important fashion industry hub with the most comprehensive product categories, the highest concentration of original brands, the most established support facilities, and one of the fastest growing in China. Shenzhen is a focal point of the garment industry in China, with more than 2,500 brands, of which some 90% are privately held. Garment manufacturers in Shenzhen have a market share of over 60% in first-tier shopping malls in large- and medium-sized cities throughout China. In 2021, Shenzhen's garment industry accounted for 10% of the country's total sales. Shenzhen is known as the "Watch Capital of China." The city is home to seven of the top ten Chinese watchmakers, who collectively set the rigid standards for watchmaking across the country. Shenzhen currently produces 42% of the world's watches, making it the world's largest manufacturing base in the sector. Shenzhen-made eyewear is sold in more than 120 countries and regions. It accounts for a share of 70% in the all-important European market. Currently, 125 million pairs of eyeglasses are produced in Shenzhen annually, generating an annual output value exceeding 10 billion yuan (approx. US$1.4 billion). The industry accounts for about 50% of the world's total production of medium- and high-end glasses. Shenzhen is also China's leading furniture R&D, manufacturing, and export hub. The Shenzhen International Furniture Exhibition, now in its 24th year, is one of the largest exhibitions in its industry. Today, Shenzhen's furniture industry has an annual output value reaching nearly 500 billion yuan (approx. US$70 billion). China is the world's largest footwear producer, accounting for about half of the world's footwear production with an annual output of 13.5 billion pairs. At present, the leather industry in Shenzhen employs more than 200,000, generating sales of 50-60 billion yuan (US$7-8 billion) a year. Shenzhen is also a landmark of China's jewelry industry. It has the largest gold and jewelry cluster in China, with the highest level of development and the most complete industrial chain. The city is home to some 30 jewelry trading centers and wholesale markets of various sizes, more than 2,000 jewelry manufacturers employing over 200,000 workers, and occupying a 50% share of China's gold and jewelry wholesale market. A metropolis long known for its vitality, Shenzhen is now taking on a new moniker, the City of Fashion.
