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Auros Launches Venture Capital Arm, Appoints Julien Auchecorne as Head of Auros Ventures

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Auros has unveiled the launch of Auros Ventures, with seasoned digital assets expert Julien Auchecorne at the helm.Auros Ventures’ focus on investment will be on driving innovation within the dynamic digital assets and Web3 sector while bolstering ecosystem growth.

HONG KONG and NEW YORK, July 8, 2024 /PRNewswire/ — Auros, a leading global market-making and algorithmic trading firm, today announced the launch of its new investment arm, Auros Ventures. This strategic addition will harness the firm’s extensive expertise in digital assets to foster ecosystem innovation and drive substantial value creation for all market participants.

Auros Ventures will leverage the risk management capabilities and liquidity provision expertise of Auros to invest in the full project life cycle, from early-stage primary investments to liquid secondary opportunities. In addition to capital, Auros will provide market-leading advice and support to its entire portfolio, particularly where it pertains to their expertise in both on-chain and off-chain liquidity, market microstructure and exchange product design. This strategic approach reflects the firm’s commitment to active involvement in the operational and strategic development of its portfolio companies and it forms a core component of Auros Ventures’ value proposition as a partner. Since Q3 2023, Auros Ventures has deployed over $15 million and plans to invest in excess of $50 million over the next two years.

As of April 2024, Auros Ventures has recorded a total of 14 investments in its portfolio. This includes the firm’s participation in the launches of high-profile projects such as oracle network Pyth and high-performance Layer-1 Berachain, among others. Spearheading Auros Ventures is Julien Auchecorne, a seasoned traditional finance and digital assets expert who has previously held investment, operating and advisory roles at firms such as XBTO, J.P. Morgan and Brevan Howard. As the Head of Auros Ventures, Julien will collaborate closely with Auros’s Founder and Chief Investment Officer, Ben Roth, to guide the venture capital arm in the deployment of capital as the firm doubles down on ecosystem development and its role as a champion of innovative startups in the digital assets and Web3 sector.

Founder and CIO of Auros, Ben Roth, said: “Auros has seen tremendous growth since its inception in 2019. The launch of Auros Ventures is a reaffirmation of our expansion strategy and a commitment to continue growing our role as a trusted industry steward that fosters sustainable ecosystem growth. We are thrilled to welcome Julien to our team, having witnessed his impressive track record in investments and business scaling. His expertise and deep understanding of the digital assets market puts him in a strong position to lead Auros Ventures as we embark on a shared journey to discover the next wave of Web3 innovations and deliver outsized value, not only for the firm but for the collective ecosystem also.”

“This marks a significant milestone, for both Auros and the broader digital assets community,” Head of Auros Ventures, Julien Auchecorne shared. “Auros has made substantial strides in expanding its market presence in the past 18 months. I am excited to be working with Ben and the exceptional team at Auros to support groundbreaking projects that push the boundaries of innovation in our industry.”

For more information about Auros Ventures and the innovative work being done at Auros, please contact ventures@auros.global.

About Auros

Auros, a market-making and algorithmic trading firm, was established by experienced derivatives traders and trading system designers with over two decades of expertise. The firm generates daily notional turnover in the billions of dollars. Auros’ technological foundation fuses advanced pricing models with cutting-edge execution capabilities, ensuring reliable and consistent trading performance. Their distinctive, partnership-oriented strategy to providing external liquidity has quickly positioned them as the preferred market maker for many token projects and ecosystems. Additionally, Auros possesses in-depth knowledge in trading structured products, optimizing DeFi, and investing in liquidity-driven ventures. For more information about the company, please visit http://auros.global.

About Julien Auchecorne

Julien brings extensive experience in C-suite positions within the digital asset space. After a successful career in investment banking and asset management, Julien transitioned to the digital asset industry in 2017 and has since helped various early-stage companies navigate the challenges of this rapidly evolving industry, including fundraising, product and token go-to-market strategies, and compliance with evolving regulations.

Julien also played an instrumental role in establishing WebN, a Brevan Howard incubator that supports projects across various verticals, including staking and zero-knowledge (zk) scaling technologies.

About Ben Roth

Ben Roth is the CIO and Founder at Auros, one of the crypto industry’s leading algorithmic trading and market making firms. With over two decades of experience in trading and portfolio management at leading TradFi firms such as Optiver, First New York and Hudson Bay Capital, Ben founded Auros in January 2019 with the specific goal to build the market’s leading High-Frequency Trading and Market Making firm. As of April 2024, Auros trades on more than 40 centralised and decentralised exchanges and regularly accounts for as much as 5% of all crypto trading volume. With a staunch belief in the power of liquidity to drive value creation, Ben and the Auros team are dedicated to assisting projects, exchanges and foundations in navigating the complexities of the market and helping them to understand the impact that deep, reliable and consistent liquidity can have for the value of their business.

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

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December 27, 2024

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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

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SOURCE Fangzhou Inc.

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

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December 27, 2024

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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

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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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2 hours ago

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December 27, 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

 

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SOURCE Stora Enso Oyj

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