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ASTRI and Ecosystem Partners Present Advanced 5G Technologies at MWC Barcelona 2024

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HONG KONG, Feb. 27, 2024 /PRNewswire/ — The Hong Kong Applied Science and Technology Research Institute (ASTRI) and its ecosystem partners are participating in Mobile World Congress Barcelona (MWC Barcelona) 2024 from 26 to 29 February to showcase the latest 5G technologies and award-winning innovations to global industry players.

MWC Barcelona is recognised as the world’s largest and most influential marketplace for information and communication technology. ASTRI collaborates closely with its ecosystem partners, including Anktion (Fujian) Technology Co., Ltd (Anktion), Baicells Technologies Co. Limited, Giant Technologies Company Limited (Giant Technologies), and Simbury Ltd (Simbury) to develop state-of-the-art 5G technologies and applications that meet market demands and support global digital transformation, such as Industry 4.0.

Dr Denis Yip, Chief Executive Officer of ASTRI, was delighted about the Institute’s participation in MWC Barcelona once again. “ASTRI, as the largest R&D centre in Hong Kong, focuses on 5G technology research and collaborates with partners to develop numerous innovative solutions. We appreciate that the congress provides a platform for driving innovation and connectivity through technology commercialisation. We also have the opportunity to explore new partnership with industry leaders for building a faster, smarter, and more interconnected future.”

Technologies showcased by ASTRI at MWC Barcelona include:

TSN-enabled 5G solution (Hall 2 Stand 2C44): ASTRI’s TSN-enabled 5G solution provides ultra-low latency, highly reliable and deterministic communications, enabling manufacturing, transportation, and energy industries and more to embrace the potential of Industry 4.0 and Industrial IoT. By combining Time-Sensitive Networking (TSN) capabilities with the power of 5G technology, the solution is revolutionising the way critical and time-sensitive applications are supported in industrial settings. TSN ensures precise synchronisation and coordination of devices and systems, guaranteeing real-time control and seamless integration of mission-critical applications. The integration of TSN with 5G technology further enhances the scalability, flexibility, and mobility of industrial networks, enabling seamless connectivity across factories, warehouses, and remote locations.

5G-enabled Cloud Robotics (Hall 2 Stand 2C44): The solution combines the power of 5G connectivity with the capabilities of cloud computing to enable real-time data transmission and seamless remote control of robots. Robots can communicate with high bandwidth and ultra-reliable low latency. With multi-sensor fusion perception and precise positioning technology, robots can operate reliably in dynamic and complex industrial settings, supporting businesses in executing a variety of special tasks. Through cloud and edge computing technology, the robot’s “brain” is migrated to the cloud, making robots more affordable, energy-efficient, easy to deploy and maintain. This technology opens up new possibilities for sectors like manufacturing, healthcare, and logistics, leading to enhanced automation, efficiency, and productivity.

5G Private Network Solutions (Hall 5 Stand 5H3): ASTRI, together with Anktion has developed 5G private network solutions to empower enterprises with high performance network connectivity and full control over their network infrastructure. Features include dedicated, ultra-fast, low-latency connectivity and edge computing for real-time Insights, decision-making, enhanced privacy and security. This empowers businesses to optimise operations, enhance productivity, and unlock new opportunities.

UWB for Spatial Computing (Hall 6 Stand 2A64MR): ASTRI joins hands with Simbury and Giant Technologies to present a range of innovative applications utilising Giant Technologies’ UWB chip. The transformative power of UWB technology, integrated with Simbury’s solutions such as GPS-like indoor navigation, Wired-like audio quality and Race-optimised radio control, offers unparalleled user experiences. By leveraging Simbury’s expertise in spatial computing and artificial intelligence, businesses can streamline operations, enhance user engagement, and boost overall efficiency with UWB’s centimetre-level accuracy and ultra-low latency. The cross collaboration between UWB and 5G opens up fresh business prospect with an extraordinary fusion positioning solution.

About ASTRI

Hong Kong Applied Science and Technology Research Institute (ASTRI) was founded by the Government of the Hong Kong Special Administrative Region in 2000 with the mission of enhancing Hong Kong’s competitiveness through applied research. ASTRI’s core R&D competence in various areas is grouped under five Technology Divisions: Advanced Electronic Components and Systems; Artificial Intelligence and Trust Technologies; Communications Technologies; Innovative Mind, and IoT Sensing and AI Technologies. It is applied across six core areas which are Smart City, Financial Technologies, New-Industrialisation and Intelligent Manufacturing, Digital Health, Application Specific Integrated Circuits and Metaverse.

Over the years, ASTRI has nurtured a pool of research, I&T talents and received numerous international awards for its pioneering innovations as well as outstanding business and community contributions. ASTRI has transferred more than 1,400 technologies to the industry and has been granted over 1,050 patents in the Mainland, the United States, and other countries. For further information, please visit www.astri.org

About ASTRI’s Ecosystem Partners

Anktion (http://www.anktion.com/) specialises in the design and development of communication products, manufacturing and support services.

Baicells (https://baicells.com/)  offers competitively priced and technically innovative 4G LTE and 5G NR Access Solutions,connecting more than 50 countries across the globe.

Giant Technologies (http://giantechnologies.com/) designs, manufactures and sells wireless IoT chips, millimeter wave chips and 5G communication chips. 

Simbury (https://www.simbury.com/) provides innovative fabless semiconductor solutions to make the world a better place.

View original content:https://www.prnewswire.com/apac/news-releases/astri-and-ecosystem-partners-present-advanced-5g-technologies-at-mwc-barcelona-2024-302072437.html

SOURCE Hong Kong Applied Science and Technology Research Institute (ASTRI)

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Fangzhou Inc. Honored as an “Outstanding Innovation Firm” by Yangcheng Evening News

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GUANGZHOU, China, Dec. 27, 2024 /PRNewswire/ — Fangzhou Inc. (“Fangzhou” or the “Company”) (06086.HK), a leader in Internet healthcare solutions, was honored as an “Outstanding Innovation Firm” at the “Precision Engineering: 2024 Technology Pioneers Gala” held by Yangcheng Evening News on December 13th. Fangzhou garnered recognition for its significant milestones in 2024, including a successful listing on the Main Board of the Hong Kong Stock Exchange, and its role in spearheading the ongoing digital transformation of China’s healthcare sector.

Dr. Xie Fangmin, founder, chairman, and CEO of Fangzhou, remarked, “We are thrilled to receive this award from Yangcheng Evening News as an ‘Outstanding Innovation Firm’. Adhering to our corporate mission of ‘Better Health for All’, we will continue to cultivate a bold vision for the future of the Internet healthcare sector.”

2024 has been a significant year in Fangzhou’s development journey. Following its IPO in July 2024, the Company received commendation from the Guangzhou Municipal People’s Government for its contributions in advancing the digital transformation of the healthcare industry and enhancing public health. In October, Fangzhou was featured on the 2024 Guangdong “AI Catalyst” Enterprise Billboard at the 2024 Guangdong-Hong Kong-Macao Greater Bay Area Artificial Intelligence Industry Conference. More recently, the Company launched its ” AI Agent Solution” in November 2024 in partnership with Tencent Healthcare and Baidu Health, providing more efficient access to healthcare information and analysis for both consumers and healthcare professionals.

About Fangzhou Inc.

Fangzhou Inc. (06086.HK) is China’s leading online chronic disease management platform. With 45.6 million registered users and 217,000 registered doctors on its platform (as of June 30, 2024), the Company provides tailored medical care and precision medicine for a growing population of chronic disease patients. For more details, visit https://investors.jianke.com.

About Yangcheng Evening News

Yangcheng Evening News, first published in October 1957, was among the first broadly distributed evening newspapers established after the founding of People’s Republic of China. Produced in Guangzhou as the flagship publication of the Yangcheng Evening News Group, the newspaper has built a strong reputation for its critical and independent perspective, delivering engaging news coverage on a variety of topics that resonate with people’s daily lives.

Media Contact

For further inquiries or interviews, please reach out to:
Xingwei Zhao Associate Director of Public Relations Email: pr@jianke.com 

Disclaimer: This press release contains forward-looking statements. Actual results may differ materially from those anticipated due to various factors. Readers are cautioned not to place undue reliance on these statements

View original content to download multimedia:https://www.prnewswire.com/news-releases/fangzhou-inc-honored-as-an-outstanding-innovation-firm-by-yangcheng-evening-news-302339558.html

SOURCE Fangzhou Inc.

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XCMG Launches Used Equipment Certification to Drive Sustainable Development in Construction Machinery

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XUZHOU, China, Dec. 27, 2024 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE: 000425) has officially launched the XCMG Certified Used Equipment brand, marking a significant milestone in the development of its circular business. This initiative reflects XCMG’s commitment to addressing industry challenges, promoting green circular economy principles, and accelerating the transition toward sustainable development and carbon neutrality.

In recent years, China’s construction machinery industry has made remarkable strides. Leveraging its deep technological expertise, extensive manufacturing experience, and well-established brand influence, XCMG has established its official certified used equipment brand. This initiative aims to empower industry transformation, enhance the lifecycle value of signature equipment, and offer customers comprehensive quality and service guarantees across the value chain.

At the recent bauma China Exhibition, XCMG and Ritchie Bros. co-hosted a used equipment auction, showcasing over 300 fully inspected and refurbished units from 16 XCMG product categories, including cranes, excavators, mining equipment, compactors, loaders, concrete machinery, and piling equipment. These units were launched on the Ritchie Bros. website, symbolizing a new chapter in the used equipment market.

In line with its vision to become the world’s premier service brand, XCMG also introduced the XCMG TrueCare (“TrueCare”) service brand. TrueCare embodies XCMG’s unrelenting pursuit of integrated solutions, aligning with the Solid to Succeed brand philosophy. The service brand is designed to deliver cutting-edge innovations, stringent quality control, and efficient services, empowering customers to maintain a competitive edge in global markets.

“This initiative will extend the value chain, foster innovation, and elevate XCMG to new heights as a globally recognized brand,” said Liu Jiansen, vice president of XCMG.

The five core missions of XCMG TrueCare are:

Swift: A global service network ensures rapid response to customer needs to minimize downtime.Optimal: Integration of XCMG’s five advanced digital management systems delivers tailored solutions to enhance operational efficiency.Long-term: TCO service models, including extended warranties and certified pre-owned programs, provide full lifecycle care and build lasting customer relationships.Intelligent: Comprehensive smart solutions address customer-specific requirements through the integration of R&D, production, supply, sales, and service.Dedicated: A global call center and a professional team provide 24/7 support, ensuring efficient equipment operation and 100% customer satisfaction.

With these strategic advancements, XCMG is poised to redefine industry standards, driving the adoption of sustainable practices and reinforcing its leadership in the global construction machinery market.

Photo – https://mma.prnewswire.com/media/2588046/XCMG_Launches_Used_Equipment_Certification_Drive_Sustainable_Development_Construction_Machinery.jpg

View original content:https://www.prnewswire.co.uk/news-releases/xcmg-launches-used-equipment-certification-to-drive-sustainable-development-in-construction-machinery-302339562.html

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Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (25 December 2024)

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STORA ENSO OYJ STOCK EXCHANGE RELEASE 27 December 2024 at 09:00 EET

HELSINKI, Dec. 27, 2024 /PRNewswire/ — Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the Securities Market Act from BlackRock, Inc on 27 December 2024.

On 25 December 2024, BlackRock’s holding in Stora Enso’s shares decreased below the 5 percent threshold.

% of shares and voting rights (total of 7.A)

% of shares and voting rights through financial instruments (total of 7.B)

Total of both in % (7.A + 7.B)

Resulting situation on the date on which threshold was crossed or reached

4.76% shares

Below 5% voting rights

0.27% shares

Below 5% voting rights

5.04% shares

Below 5% voting rights

Position of previous notification (if applicable)

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

 

A: Shares and voting rights

Class/type of shares

ISIN code (if possible)

Number of shares and voting rights

% of shares and voting rights

Direct

(SMA 9:5)

Indirect

(SMA 9:6 and 9:7)

Direct

(SMA 9:5)

Indirect

(SMA 9:6 and 9:7)

FI0009005961

37,609,170  shares

Below 5% voting rights

4.76% shares Below 5% voting rights

SUBTOTAL A

37,609,170 shares

Below 5% voting rights

4.76% shares

Below 5% voting rights

B: Financial Instruments according to SMA 9:6a

Type of financial instrument

Expiration date

Exercise/Conversion Period

Physical or cash settlement

Number of shares and voting rights

% of shares and voting rights

American Depositary Receipt (US86210M1062)

N/A

N/A

Physical

596,930 shares

Below 5% voting rights

0.07% shares

Below 5% voting rights

Securites lent

N7A

N/A

Physical

1,036,720 shares

Below 5% voting rights

0.13% shares

Below 5% voting rights

CFD

N/A

N/A

Cash

563,510 shares

Below 5% voting rights

0.07% shares

Below 5% voting rights

SUBTOTAL B

2,197,160 shares

Below 5% voting rights

0.27% shares

Below 5% voting rights

 

Stora Enso has two series of shares. Each A share and every ten R shares carry one vote. Stora Enso has 175,664,079 A shares and 612,955,908 R shares in issue. The Company does not hold its own shares. The total number of Stora Enso shares is 788,619,987 and the total number votes at least 236,959,669.

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691 

Stora Enso

Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We create value with our low-carbon and recyclable fiber-based products, through which we support our customers in meeting the demand for renewable sustainable products. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors

STORA ENSO OYJ

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691 

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

https://news.cision.com/stora-enso-oyj/r/stora-enso-oyj–notification-of-change-in-holdings-according-to-chapter-9–section-10-of-the-finnish,c4086606

The following files are available for download:

https://mb.cision.com/Main/13589/4086606/3189711.pdf

STORA ENSO Class R_2024-12-25_Issuer

 

View original content:https://www.prnewswire.com/news-releases/stora-enso-oyj-notification-of-change-in-holdings-according-to-chapter-9-section-10-of-the-finnish-securities-markets-act-25-december-2024-302339535.html

SOURCE Stora Enso Oyj

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