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Global Times: Traditional Chinese brand vies for global expansion through finance digitalization

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SHANGHAI, Aug. 13, 2024 /PRNewswire/ — China’s social retail sales surpassed 23 trillion yuan ($3.18 trillion) from January to June, a 3.7 percent increase year-on-year, the National Bureau of Statistics revealed in mid-July. Social consumption is gaining increasing prominence in driving the recovery of the national economy.

In 2023, consumption was a major engine for nation’s economic growth with the contribution rate of final consumption expenditure to economic growth reaching 82.5 percent, a remarkable increase of 43.1 percentage points compared with 2022, official data showed.

As a national cosmetic brand with over 100 years of history, Shanghai Jahwa United Co, Ltd (Shanghai Jahwa) owns multiple well-known brands such as Liushen, Dr. Yu, Herborist and Maxam. Additionally, it undertakes the responsibility of promoting traditional Chinese culture as well as social consumption.

In 2017, Shanghai Jahwa acquired Tommee Tippee, a leading maternal and infant brand in the UK, officially becoming a Shanghai-based multinational company, further enhancing its competitiveness in the global market.

In the face of challenges and responsibilities, the data integration-oriented digitalization transformation launched by Shanghai Jahwa offers solutions for the company’s diversifying operation demand.

Empowered by the analytical capabilities of its digitalized management system, Shanghai Jahwa showed comprehensive advantages in its overseas business operations, becoming a leading cosmetics enterprise based in China and radiating throughout the world.

Enterprises’ digital transformation is a crucial part for building a modern industrial system and the nation’s high-quality development of the economy, said Han Min, a deputy general manager, CFO and board secretary of Shanghai Jahwa, adding that it is also a process full of hope and pain.

During a thorough transformation campaign, Shanghai Jahwa prioritized digitalization in its finance sector to lead the company’s overall digitalized upgrade. The company took sales expenses as a breakthrough by adopting financial management systems targeting distributors and marketing expenses, which effectively resolved relevant expense control issues.

Through the application of a digitalized management system across the financial sector, Shanghai Jahwa has achieved whole-process management to form an operation model with business-finance integration and compliance.

The system connects and simplifies various procedures from pre-approval to post-reconciliation. Notably, it removes unnecessary manual operations, achieving refined, controllable and data-integrated management, according to the company.

Han pointed out that compared with multinational giants such as Procter & Gamble and L’Oréal, Shanghai Jahwa started relatively late in digitalization, but is making efforts to close the gap, including building a digitalized central platform and driving the digital integration of online and offline channels.

“Our company should integrate digital and intelligent transformation into management processes, combining it with traditional elements to create new quality productive forces. This will facilitate international engagement, attract global resources and drive the internationalization of the company,” Han noted.

In 2023, the total retail sales of cosmetics in China amounted to 414.2 billion yuan, representing a year-on-year growth of 5.1 percent. Notably, China’s cosmetics exports reached $6.51 billion, surging by 16.7 percent year-on-year, official data showed.

Benefiting from its digitalization strategy, Shanghai Jahwa recorded a 5.93 percent annual revenue increase in 2023 from the previous year, while net profit of the company’s domestic business saw a significant year-on-year growth of 75 percent, effectively countering external market headwinds such as terminal store suspensions and regulation adjustment.

As an industry leader, Shanghai Jahwa has actively promoted digital and intelligent transformation across the industry, further releasing consumption potential to boost the nation’s economic recovery.

View original content:https://www.prnewswire.com/news-releases/global-times-traditional-chinese-brand-vies-for-global-expansion-through-finance-digitalization-302221746.html

SOURCE Global Times

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AU NOMO Credit Card: A Smart Way to Leverage Fixed Deposits

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AHMEDABAD, India, Dec. 26, 2024 /PRNewswire/ — AU Small Finance Bank (AU SFB) has unveiled its latest offering, the AU NOMO Credit Card, a groundbreaking financial product that allows individuals to access credit while still growing their savings. This innovative credit card leverages the power of Fixed Deposits (FDs) as collateral, providing cardholders with enhanced purchasing power without compromising their long-term savings goals.

The AU NOMO Credit Card enables users to use their fixed deposits to secure a credit limit, offering a unique opportunity for first-time credit card applicants or individuals wanting to build their credit scores responsibly. This solution particularly benefits those with limited documentation or a lack of traditional credit history.

Key Features of the AU NOMO Credit Card

Contactless Payments: Enjoy secure and seamless tap-and-pay transactions for daily purchases.Card Liability Protection: Safeguards user against unauthorized transactions, card skimming, and online fraud with comprehensive liability coverage.Reward Points Program: User can earn reward points on retail, utility, and insurance transactions to maximize the value of their spending.Milestone Rewards: Unlock additional rewards for meeting specific quarterly spending goals.Lounge Access Benefits: Get complimentary access to domestic airport and railway lounges, subject to meeting spending criteria.Fuel Surcharge Waiver: Save on fuel transactions within a specified range with a surcharge waiver.

Eligibility Criteria

Here’s what one must know for eligibility criteria for AU NOMO credit card: 

Age: 18 to 75 yearsCitizenship: Indian ResidentFixed Deposit: Creation and maintenance of a fixed deposit with AU Small Finance Bank

The AU NOMO Credit Card (Credit Card against FD) offers an easy and seamless application process with a digital interface, making it accessible to anyone looking to leverage their savings for immediate spending power. The card promises to meet the needs of those starting their credit journey and those seeking additional flexibility in their financial dealings.

The AU NOMO Credit Card redefines the traditional approach to credit by allowing users to continue earning interest on their Fixed Deposits while enjoying the purchasing power that comes with a credit card. Whether for essential daily expenses or significant purchases, the AU NOMO Credit Card perfectly balances saving and spending, empowering individuals to achieve their financial goals without compromise.

For more information on the AU NOMO Credit Card, visit https://www.aubank.in/personal-banking/credit-cards/nomo-credit-card

About AU Small Finance Bank

AU Small Finance Bank, one of India’s leading small finance banks, is committed to transforming banking by focusing on customer-centric services and a deep understanding of the Indian market. More details on AU Small Finance Bank and its financial products like credit cards can be found online.

Logo: https://mma.prnewswire.com/media/2556252/5023474/AU_Small_Finance_Bank_Logo.jpg

 

View original content:https://www.prnewswire.com/in/news-releases/au-nomo-credit-card-a-smart-way-to-leverage-fixed-deposits-302338324.html

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Treat Yourself to a New Christmas Experience by Self-Gifting viaim’s AI Recording Earbuds, Perfect for a More Pleasant and Efficient Workplace

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SINGAPORE, Dec. 26, 2024 /PRNewswire/ — As Christmas approaches, the concept of self-gifting has become more popular with top business executives to help them get into the holiday mood. Especially designed for the office, a gift of AI recording true wireless earbuds launched by viaim, an AI technology hardware company deeply rooted in the smart office sector, can improve work efficiency, thereby lifting the spirits and improving quality of life for busy workplace elites ahead of the busy and stressful holiday period.

The person who understands themselves best is themselves. It is in this spirit that viaim is encouraging people to give themselves some extra love and care during this holiday season because they deserve it. The Christmas self-gifting trend that has been gaining popularity in recent years sees people pay more and more attention to creating a higher quality life for themselves in their busy work lives. Especially towards the end of the year, consumers are choosing to treat themselves with practical and pleasant gifts for Christmas. Earbuds have become a solid choice for self-gifting because of their usefulness in multiple scenarios, allowing users to enjoy a quality listening experience during work meetings and holiday relaxation time.

The amazing features of the Viaim Nano+ and Viaim Air open-ear AI recording true wireless earbuds make them the perfect choice for self-gifting this Christmas

13 language transcription and real-time translation: During the Christmas holidays, many business professionals travel internationally with friends or spend the holidays with family in countries that don’t speak their native language. viaim headphones allow users to communicate with local people around the world, jumping the language barrier and making cross-border communication smoother and the journey more interactive, fun, and memorable.VIAIM AI Smart Assistant: Generate Summaries and To-Do Lists with one click to help quickly complete an annual report or New Year’s business plan, allowing the festive atmosphere to be enjoyed without missing any key points.Flash Record function: Whether it is to conceive new ideas for next year’s project or suddenly think of a perfect Christmas gift list, inspiration during the holidays is often fleeting. Long press the viaim earbuds for one-click flash recording to capture ideas as soon as the spark of inspiration comes to mind.Noise reduction and a comfortable wearing experience: High-quality 45db noise reduction can provide users with a moment of quietness at Christmas parties, and the comfortable and lightweight design is suitable for long-term wear, meaning a quiet and enjoyable listening atmosphere can be enjoyed during the holidays.

Cecile from VIAIM shared: “Christmas is the time of year to relax and be grateful. It is of course a time to give gifts and be generous to others, but we also must remember to be kind to the person that knows us best – ourselves. Through our brand vision of “work smarter, not harder,” we hope to help people find their own special holiday moments in their busy work life by using our super-efficient office earbuds, so that everyone can enjoy a more productive and enjoyable life experience. I would like to personally wish all our customers, both new and old, a peaceful, relaxing, and happy Christmas.”

About VIAIM

VIAIM is an innovative technology company in the consumer-goods sector. With a focus on versatile, multimodal interactions, we strive to provide effective solutions that meet users’ specific needs. By harnessing state-of-the-art technology, we bring our visionary ideals to life, helping people embrace the incredible possibilities the Company offers.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/treat-yourself-to-a-new-christmas-experience-by-self-gifting-viaims-ai-recording-earbuds-perfect-for-a-more-pleasant-and-efficient-workplace-302339158.html

SOURCE VIAIM

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Lights Up Your Creativity from Online to Offline: Wondershare Filmora’s “A New Wonder to Share” Campaign Inspires Creators Everywhere

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TOKYO, Dec. 26, 2024 /PRNewswire/ — Video may have killed the radio star, but the rise of the internet did not make videos obsolete. Instead, we’ve reached a digital media landscape where video content reigns supreme. We’ve also reached a point where video content is incredibly saturated, and truly “light up” amidst the noise is increasingly challenging. The key often lies in the seemingly ordinary moments around us — moments that hold the potential for extraordinary stories. A beautifully prepared meal, a stunning view, or even a fleeting smile can become the spark for captivating content.

Wondershare Filmora’s latest campaign video, “A New Wonder to Share,” embraces this philosophy, captivating Japanese audiences within mere seconds. Powered by the advanced AI capabilities of Filmora 14 and paired with heartwarming visuals, the video is extending from online platforms to offline advertisements, resonating deeply with viewers and spreading a message of creativity and connection during this festive season.

Situated in the vibrant heart of Tokyo, the Shibuya district is globally renowned as a symbol of youth culture, creativity, and innovation. As part of Filmora’s “A New Wonder to Share” campaign, the district’s iconic screen now features the campaign’s latest video, complemented by ads across the Yamanote and Yokosuka · Sōbu Lines. Through vivid storytelling and captivating visuals, the video invites audiences to embrace moments of joy, growth, and discovery. This display in Shibuya underscores Filmora’s vision of celebrating individuality and lighting up creativity on a global stage, inspiring viewers to uncover life’s unexpected surprises and share their unique stories with the world.

As part of the “A New Wonder to Share” campaign, Filmora has also launched an online video challenge. Running from December 7 to December 31, participants are invited to create 20-second videos using the latest version, Filmora 14. By sharing their creations on designated social media platforms, they stand a chance to win exciting prizes, including an iPad, digital gift cards worth 20,000 yen, and Filmora memberships.

Wondershare Filmora is committed to empowering users with cutting-edge tools and creative resources. The latest release, Filmora 14, makes it effortless to transform everyday moments into extraordinary memories. Packed with over ten innovative AI features and professional editing functions, including Smart Short Clips, Smart Scene Cut, AI Color Palette, Multi-Camera Editing, and Planar Tracking, the software enables creators of all skill levels to streamline their video production process.

A highlight of the Filmora 14 update is the Smart Short Clips feature, which revolutionizes the way creators approach video content. This AI-powered tool intelligently analyzes your footage, pinpointing the most engaging highlights and turning it into eye-catching short clips, perfect for all social media platforms. With minimal manual effort, Smart Short Clips simplifies the editing process, automatically generating polished videos. The feature also adds subtitles and designs through customizable templates to enhance both visual appeal and accessibility.

As one of Wondershare’s flagship products, Filmora continues to strengthen its presence in the Japanese consumer market through collaborations with renowned brands and creators, including Japan’s leading anime and illustration community pixiv, NetEase’s survival horror game Identity V, and YouTuber 『 Kazuki no Tane 』. At the same time, Filmora actively hosts UGC competitions, inspiring more individuals across various fields in Japan to explore the exciting world of video creation, earning widespread acclaim and love from Japanese users.

About Wondershare

Wondershare is a globally recognized software company, known for its innovative solutions in creativity and productivity. Driven by the mission “Creativity Simplified,” Wondershare offers a range of tools, including Filmora and UniConverter for video creativity; PDFelement for document management; EdrawMax, EdrawMind for diagramming; and SelfyzAI, Pixpic for image editing. With over 1.5 billion users across 200+ countries and regions, Wondershare empowers the next generation of creators with intuitive software, trendy creative resources, and a dynamic ecosystem, continually expanding the possibilities of creativity worldwide.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/lights-up-your-creativity-from-online-to-offline-wondershare-filmoras-a-new-wonder-to-share-campaign-inspires-creators-everywhere-302339167.html

SOURCE Wondershare Technology

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