Technology

SANY Heavy Industry and Shenglong Metallurgical Establish Strategic Partnership to Drive Green Transformation in Steel Industry

Published

1 year ago

May 19, 2023

CHANGSHA, China, May 18, 2023 /PRNewswire/ — SANY Heavy Industry (“SANY”, SSE: 600031), a leading global heavy machinery manufacturer, recently held a signing ceremony during which the company reached a strategic partnership with Guangxi Shenglong Metallurgical Co Ltd (Shenglong Metallurgical). Liang Linhe, Chairman of SANY Heavy Truck, and Lin Nengjing, CEO of Shenglong Metallurgy, signed the strategic cooperation agreement on behalf of their respective companies.

Shenglong Metallurgical CEO Lin Nengjing and Sany Heavy Truck Business Group Chairman Liang Linhe attended and jointly signed a strategic cooperation agreement. Heralding a new phase of the pair’s cooperation, the event also marked the completion of an RMB 90-million (USD 12 million) procurement deal which saw SANY deliver thirty-five EV550 electric tractors, fifty electric dump trucks, and a battery swapping station to Shenglong Metallurgical – a milestone that propelled their collaboration to unprecedented heights.

As one of the largest iron and steel manufacturers, Shenglong Metallurgy is one of China’s Top 500 enterprises and the world’s Top 50 steelmakers, with its annual crude steel production ranking 35th around the globe. In recent years, the company is accelerating its green initiative to facilitate China’s push towards its carbon neutrality and peak target, placing a stronger emphasis on sustainability and low-carbon development as it is beefing up its green logistics capacity.

The delivery of SANY’s electric equipment greatly bolstered Shenglong Metallurgy’s endeavor to decarbonize its logistical network, which hit a new record as the largest procurement deal for electric logistics vehicles that Guangxing’s steel industry has ever seen.

Speaking of his excitement for the deepened collaboration with SANY, Ke Xueli, Chairman of Shenglong Metallurgy, highlighted the shared goal of the two companies to further electrify the logical scene of Fangchenggang City, the hometown of the steel giant, jointly empowering the city’s and national steel industry to drive towards green transformation while achieving high-quality development.

Chairman Xiang Wenbo of SANY stressed the significance of this cooperation in aligning with China’s decarbonization targets, as well as its role in promoting green manufacturing and sustainable development. This came after SANY was honored by Forbes China as one of the “Top 50 Sustainable Industrial Enterprises 2022” and recognized as a green development pioneer by the industry for its remarkable sustainable efforts.

SANY’s latest achievements in green production, product innovation, low-carbon manufacturing, supply chain sustainability, and employee and community empowerment are also featured in 2023 ESG Inspiration Cases of Forbes China, a corporate ESG listing that give accolades to companies that made exceptional accomplishments in environmental stewardship, social responsibility, and corporate governance.

SANY Heavy Industry’s factory in Changsha has also been named one of the Lighthouse factories by the World Economic Forum (WEF), making it the second heavy industry facility owned by SANY to receive this prestigious title. In response to the market headwinds, the factory adopts an automated production model powered by AI technological and Industrial IoTs in an effort to achieve intelligent manufacturing (IM) transformation. The new model allows the company to establish a digitized manufacturing system for heavy equipment that increases its labor productivity by almost 100 percent. The result is a 123 percent boost in production capacity and a 29 percent reduction in manufacturing cost per unit.

For more information about SANY Group, please visit www.sanyglobal.com or follow us on Facebook or YouTube to learn more.

About SANY

SANY Group’s core businesses are design, manufacturing, sales, and support of heavy-duty engineering equipment. SANY Heavy Industry is China’s largest and the world’s 3rd-largest engineering machinery manufacturer, the efforts to add a new electric product portfolio makes SANY stand out in today’s digital world and is also part of its sustainable solutions.

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SOURCE SANY Group

Technology

Gentoo Media – Mandatory notification of trade

Published

41 minutes ago

November 14, 2024

ST JULIANS, Malta, Nov. 14, 2024 /PRNewswire/ — MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, Board Member and primary insider of Gentoo Media Inc. (Gentoo) has today acquired 115,604 shares in Gentoo at a price of SEK 24,996 per share. After this transaction, close associates of Mateusz Juroszek hold 24,027,766 shares in Gentoo.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

For further information, contact:
Tore Formo, Group CFO, tore.formo@g2m.com, +47 91668678

About Gentoo Media

Gentoo Media is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry. Gentoo Media offers an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through our prominent industry sites including AskGamblers, Time2Play, CasinoTopsOnline, WSN and Casinomeister. In 2024, Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal split separating the Media and Platform and Sportsbook business in Gaming Innovation Group (GiG) into two independently listed companies. Gentoo Media Inc. is dual listed on the Oslo Stock Exchange (ticker “G2MNO”) and Nasdaq Stockholm (ticker “G2M”). www.gentoomedia.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/gentoo-media-inc/r/gentoo-media—mandatory-notification-of-trade,c4066199

View original content:https://www.prnewswire.co.uk/news-releases/gentoo-media—mandatory-notification-of-trade-302305030.html

Technology

Xinhua Silk Road: World IoT expo 2024 opens in E. China’s Wuxi to showcase future of smart connectivity

Published

41 minutes ago

November 14, 2024

BEIJING, Nov. 14, 2024 /PRNewswire/ — The World Internet of Things (IoT) Exposition 2024 kicked off on Monday in Wuxi City of east China’s Jiangsu Province, attracting industry leaders, representatives of enterprises and experts from across the globe to discuss industry trends and demonstrate innovative applications.

At the expo’s opening ceremony, Wuxi unveiled a national pilot project in intelligent connected vehicles, which aims to create a cohesive mode for car owners, vehicles and cities connection, contributing Wuxi’s expertise to smart vehicle initiatives.

Additionally, a new smart sensing chip engineering center was launched, representing an investment of over 1 billion yuan and focusing on high-density large-scale substrates and other advanced chip technologies to strengthen the city’s integrated circuit development.

The event also saw the release of several major IoT research achievements, including the 2024 IoT innovation development Taihu index and the 2024 white paper on advanced sensing technology and applications.

The three-day event features exhibitions, panel discussions, and thematic sessions that showcase the latest development in IoT innovations and applications. This year’s expo is poised to drive Wuxi’s high-quality growth in IoT while promoting global tech collaboration and knowledge sharing in the IoT field.

Wuxi has become a navigator of the IoT industry in China. The latest statistics show that in 2023, the scale of the IoT industrial cluster in Wuxi surpassed 450 billion yuan, taking the lead in Jiangsu Province.

Original link: https://en.imsilkroad.com/p/343117.html

SOURCE Xinhua Silk Road

Technology

Agoda Highlights Five Urban Hikes for Adventurous Travelers

Published

41 minutes ago

November 14, 2024

SINGAPORE, Nov. 14, 2024 /PRNewswire/ — Digital travel platform Agoda introduces five urban hikes across Asia, offering travelers a chance to experience the perfect blend of city life and nature. These hikes, ranging from family-friendly to more challenging trails, provide an unmatched perspective on some of Asia’s most dynamic cities.

Whether it’s Elephant Hill in Taipei, with its stunning views of the Taipei 101, or Hong Kong’s famous Dragon Back, active travelers are in for a treat when embarking on these city hike adventures.

Andrew Smith, Senior Vice President, Supply at Agoda said: “Asia is special to have so many incredible hike routes right in the heart of these popular cities. The five highlighted hikes are just a sample of the many breathtaking city trails the continent has to offer. Adventurous travelers will want to try them all and thankfully Agoda helps make travel affordable with great value deals on over 4.5 million properties globally.”

These are the five city hikes, ranked from easiest to most challenging:

Kuala Lumpur’s Bukit Nanas Forest Reserve offers a unique experience of trekking through a tropical rainforest right in the city center. The trail is relatively easy, with well-marked paths and informative signboards about the local flora and fauna, making it a great choice for families and nature enthusiasts.

Elephant Hill in Taipei offers a short but rewarding climb. The trail is well-maintained and provides stunning views of Taipei’s skyline, including the famous Taipei 101. It’s an ideal spot for those looking to enjoy a quick escape into nature without straying far from the city.

In Singapore, the Southern Ridges trail offers a moderate hike through a series of interconnected parks and gardens. Spanning 10 kilometers, this trail provides a lush green corridor amidst the urban environment, with highlights including the Henderson Waves bridge and panoramic views of the city.

Namsan in Seoul presents a slightly more challenging hike, leading to the N Seoul Tower. The trail is popular among locals and tourists alike, offering a mix of natural beauty and cultural landmarks, with several routes to choose from depending on the desired difficulty level.

Finally, Hong Kong’s Dragon’s Back is a favorite for its breathtaking views of the coastline and the South China Sea. This moderately challenging hike is known for its undulating ridges and scenic vistas, providing a rewarding experience for those willing to tackle its ups and downs.

In each of these city hike destinations, Agoda offers great value accommodation. In addition to holiday properties, Agoda’s 130,000 flight routes and 300,000 activities ensure the platform is the one-stop travel solution to help booking an entire trip. The latest Agoda deals can be found in the Agoda app or on agoda.com/deals.

— ENDS —

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SOURCE Agoda

Technology4 days ago

CloudOne Digital Appoints Packet Cofounder and Former Equinix Executive Zach Smith to Board of Directors to Drive Growth in Bare Metal and Hybrid-Cloud Solutions