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Huawei Accelerates Digital Transformation Throughout Malaysia’s Automotive Value Chain

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KUALA LUMPUR, Malaysia, Aug. 28, 2024 /PRNewswire/ — Malaysia’s accelerated efforts to integrate advanced digital technologies such as cloud computing and intelligent connected vehicles into the electric vehicle (EV) and smart manufacturing sectors took centre-stage at the Huawei Malaysia Automotive Industrial Executive Symposium, hosted by Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) recently.

In his welcome speech, Mr Andy Wei, Vice President of Huawei Cloud in Malaysia lauded the Malaysian Government’s policies which he said have been a major driver of the automotive industry in Malaysia, adding that they welcome the Government’s intention of installing 10,000 EV public charging points by next year, 2025.

“To meet these goals, there are several challenges we have to collectively face. The most important is a lack of infrastructure to support Malaysia’s advancement in new energy vehicles, such as the wide availability of charging stations. We also need to integrate cloud computing and IoT technologies and facilitate stronger collaboration within the automotive supply chain,” he added.

Mr Andy Wei said that as a leading global provider of information and communications technology, Huawei Malaysia will continue to leverage its extensive global portfolios and local experience to meet the new needs and challenges of Malaysia’s automotive sector.

“Huawei Malaysia is confident of making significant contributions to connectivity and digitalisation of the industry, with its mature technologies and solutions, and experience gained through partnerships with major local automotive players,” he said.

Huawei Malaysia addressed the infrastructure needed for smart manufacturing and showcased its advanced smart automotive industry solutions in two detailed sessions titled ‘Smart Connection on the Cloud: One Step Faster with Huawei Cloud‘ which was presented by Mr Shen Xianbo, General Manager of Smart Automotive Industry Solution, Huawei Cloud; and ‘HMS for Car: Global Automation Intelligent Solution’ by Mr Wubin, Vice President of Cloud Service Outbound Business and Solution, Huawei Consumer. Both sessions demonstrated how cloud services can drive innovation across the automotive industry.

In addition to speakers from Huawei, the symposium featured prominent speakers who covered diverse topics related to critical areas across the automotive value chain. The Federation of Motor & Credit Companies Association of Malaysia (FMCCAM) offered key insights into the resilience and prospects of the Malaysian automotive industry during its session, ‘Market Insight of Automotive Industry Malaysia’ while Geely Auto’s presentation, ‘Automotive High-Tech Valley (AHTV) near Kuala Lumpur,’ underscored Malaysia’s pivotal role in the global automotive supply chain.

ACO Tech, a Malaysian company specialising in Connected Cars applications and solutions, shared its vision for the future of mobility through intelligent connected vehicle solutions in its session ‘Driving the Future of Mobility’. Similarly, Yonyou Malaysia, a leading Enterprise Resource Planning (ERP) Software and Cloud Service Provider in Asia, focused on enhancing operational efficiency across critical automotive operations with its presentation, ‘Global Digital Solution for Automotive Industry’.

Meanwhile, Credence, Telekom Malaysia’s cloud and digital services company, underscored the crucial role of digital empowerment, starting from robust infrastructure development to turning data into actionable insights, in its session titled ‘Empower Your Digital Capabilities, From Infrastructure to Insights’.

The symposium also served as a platform to facilitate dialogue between Malaysian and Chinese automakers, aimed at addressing industry challenges, enabling collaboration, and fostering consensus within the industry, in support of the growth of Malaysia’s automotive sector.

Malaysia’s ambitious goals under the Low Carbon Mobility Blueprint (LCMB) and the National Energy Transition Roadmap (NETR) aim for EVs to represent 15% of the industry volume by 2030 and 80% by 2050. With Huawei Malaysia actively collaborating with local enterprises, the company remains steadfast in providing the essential digital backbone that supports the entire EV ecosystem value chain, from manufacturing to logistics and infrastructure, enabling Malaysia to achieve these targets while remaining competitive globally.

About Huawei

Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have 207,000 employees and we operate in more than 170 countries and regions, serving more than three billion people around the world.

Our vision and mission is to bring digital to every person, home and organisation for a fully connected, intelligent world. To this end, we will work towards ubiquitous connectivity and inclusive network access, laying the foundation for an intelligent world; providing diversified computing power where you need it, when you need it, to bring cloud and intelligence to all four corners of the earth; build digital platforms to help all industries and organisations become more agile, efficient, and dynamic; and redefine user experience with AI, making it smarter and more personalised for people in all aspects of their life, whether they’re at home, on the go, in the office, having fun, or working out. For more information, please visit Huawei online at www.huawei.com or follow us on:

http://www.linkedin.com/company/Huawei 

http://www.twitter.com/Huawei 

http://www.facebook.com/Huawei 

http://www.youtube.com/Huawei 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/huawei-accelerates-digital-transformation-throughout-malaysias-automotive-value-chain-302232455.html

SOURCE Huawei Technologies (Malaysia) Sdn Bhd

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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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56 minutes 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

 

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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Truecaller continues strong growth, surpasses 400 million Android users

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56 minutes ago

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December 27, 2024

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STOCKHOLM, Dec. 27, 2024 /PRNewswire/ — Truecaller, the leading global platform for verifying contacts and blocking unwanted communication, reached another important milestone on 24th of December, when the number of monthly active users (MAU) on the operating system Android surpassed 400 million. Truecaller continues to grow rapidly in many geographic markets and the total user base has grown with more than 57 million users during 2024 and has now surpassed 433 million users in total.

“Truecaller’s strong commitment to help businesses and individuals communicate better through both calls and messages, continues to grow. Our geographical footprint is growing each day, and the development in our targeted growth markets is strong. We’re thrilled at achieving this milestone and we look forward to serving the next 400 million Android users,” says Rishit Jhunjuhnwala, Chief Product Officer and incoming CEO of Truecaller.

The growth in India continues to be strong with a growth of approximately 37 million users in but the relative growth in other parts of the world is stronger with a growth of 20 million users during 2024.

Truecaller will continue to report the average number of monthly and daily users on a quarterly basis in connection with interim reports.

For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 29 08 00
andreas.frid@truecaller.com

About Truecaller:

Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 433 million active users. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information. please visit corporate.truecaller.com

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

https://news.cision.com/truecaller-ab/r/truecaller-continues-strong-growth–surpasses-400-million-android-users,c4086573

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SOURCE Truecaller AB

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Xinhua Silk Road: Conference on deepening financial openness and co-op in Northeast Asia held in NE. China’s Shenyang

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56 minutes ago

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December 27, 2024

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BEIJING, Dec. 27, 2024 /PRNewswire/ — The 2nd Northeast Asia Finance Conference and 2024 “Revitalizing Liaoning with Finance” Excellent Cases Release kicked off on Tuesday in Shenyang, capital of northeast China’s Liaoning Province, aiming to further deepen financial openness and cooperation in the Northeast Asian region and advance construction of a regional financial center.

The main forum held a series of activities, including an opening ceremony, two round-table dialogues on “finance + biomedical industry” and “finance + cultural industry”, a symposium for foreign financial institutions, a seminar on innovative development of financial clusters, a forum on development of technology and finance, a forum on industrial low-carbon transformation and financial innovation, as well as an enterprise project roadshow and industry-finance matchmaking event.

During the conference themed on “accelerating the construction of a regional financial center in Northeast Asia and creating a new highland for opening up”, excellent cases of revitalizing Liaoning through finance in 2024 were unveiled and the index for core areas of regional financial centers in northeast China was released.

The conference also held an unveiling ceremony for the upgrading of the Shenyang finance and trade development zone to a national-level development zone, and a launch ceremony of a platform for Shenyang industrial insights and decision analysis.

The conference was co-hosted by China Economic Information Service, Liaoning Branch of Xinhua News Agency, Shenhe District People’s Government, Shenyang local financial administration under guidance of Shenyang Municipal People’s Government and Liaoning local financial supervision and administration bureau.

Original link: https://en.imsilkroad.com/p/343777.html

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/xinhua-silk-road-conference-on-deepening-financial-openness-and-co-op-in-northeast-asia-held-in-ne-chinas-shenyang-302339540.html

SOURCE Xinhua Silk Road

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