SINGAPORE, Oct. 28, 2024 /PRNewswire/ — Peak3, a leading InsurTech company headquartered in Singapore, has announced a strategic partnership with DJI, the global leader in drone manufacturing, to expand DJI’s Agricultural Drone Insurance program in Thailand. This collaboration marks a significant advancement in fostering smart farming technologies across the region.

Under this new partnership, DJI offers comprehensive drone hull insurance and cost-effective third-party liability insurance with the purchase of agriculture drones. Peak3 streamlines the customer journey through its SaaS technology platform and insurance expertise, working in tandem with DJI to reduce claims costs by 20% to 30% compared to industry standards. Bangkok Insurance underwrites the coverage, ensuring reliable protection for customers.

This initiative represents a major step forward in propelling smart farming innovations across the region while enhancing the financial resilience of farmers. Given the substantial upfront investment required for agricultural drones, embedding insurance for accidental damage helps mitigate financial risks and provides farmers with peace of mind.

Since the launch of its agriculture drones, DJI has sold hundreds of thousands of drones worldwide, including in Thailand, Brazil, the U.S., Mexico, Vietnam, and Indonesia. These drones empower farmers to improve efficiency, conserve resources, reduce emissions, and boost yields, contributing to more sustainable agriculture practices.

This partnership exemplifies the realization of environmental and social benefits through innovative technology and insurance solutions. As DJI continues its growth journey, Peak3 strives to leverage its extensive international network and advanced insurance technology to facilitate similar opportunities in other markets, while bolstering DJI’s expansion and leadership in the global agricultural drone business.

For more information on Peak3, please visit www.peak3.com.
For more information on DJI Agriculture, please visit www.ag.dji.com.

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SOURCE Peak3

NINGBO, China, Oct. 28, 2024 /PRNewswire/ — Risen Energy is pleased to announce that the company has achieved an ESG score of 65 from S&P Global, outperforming 95% of the global semiconductor industry. The achievement underscores the deep commitment to environmental stewardship, social responsibility, and governance excellence, establishing Risen Energy as a leader in the global photovoltaic market’s green transformation.

The ESG percentile ranking surged by 42% year-over-year, with a 41-point score improvement, representing a transformative improvement.

Risen Energy has upgraded its Environmental, Social, and Governance (ESG) management system and policy framework, enhancing strategic planning and decision-making at the C-suite level. The development marks a significant milestone in the company’s ongoing commitment to sustainable development governance, further building upon the foundation established by the creation of its Strategy and Sustainable Development Committee and Office. Additionally, the company has instituted three panel groups aimed at strengthening governance transparency and the effectiveness of systematic management practices.

The company has a proven track record of success in key performance indicators, including investments in environmental protection, use of renewable energies, and customer satisfaction, showcasing its successful implementation of a comprehensive sustainable development strategy.

As it looks to the future, Risen Energy is steadfast in its commitment to deepen its ESG initiatives and contribute to global sustainability efforts, striving for a balanced coexistence between humanity and the natural world.

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GUANGZHOU, China, Oct. 28, 2024 /PRNewswire/ — Recently, the National Bureau of Statistics of China announced that investment in high-tech industries continued to scale up in the first three quarters, of which the investment in high-tech manufacturing and high-tech services grew by 9.4% and 11.4% respectively. Since September 24th, a series of favorable policies, such as interest rate cuts, mortgage rate reductions, and new monetary tools have boosted China’s stock market sentiment. Interest in high-quality assets continues to rise, with broad-based ETFs gaining traction as an attractive investment option. It’s also observed that foreign capital is accelerating its inflow into Chinese assets.

EPFR data shows that US$57.6 billion flowed into A-shares between September 23rd and October 20th, making up more than 90% of total flows into emerging markets. As of October 24th, Bloomberg data shows that China-focused ETFs occupied five of the top 10 global ETF inflows, totaling US$19.2 billion for the past month. Global investors particularly favored technology industries, which accounted for a significant portion of these inflows.

Notably, E Fund ChiNext ETF (Code: 159915) and E Fund STAR 50 ETF (Code: 588080) provided by E Fund Management (“E Fund”), the largest mutual fund manager in China, are attracting attention. These ETFs focus on high-growth technology and innovation-driven industries, aligning with the increasing investor interest in China’s tech sectors. To be more specific, while the ChiNext index prioritizes sectors such as new energy and healthcare, the STAR 50 Index leans more towards semiconductor sector.

In addition, E Fund continues to innovate, expanding its ETF product line to meet growing market demand for diverse, sector-specific investment opportunities, including E Fund AI ETF (Code: 159819) and E Fund CSI Cloud Computing & Big Data ETF (Code:516510), which are available via ETF Connect to empower offshore investors.

About E Fund

Established in 2001, E Fund Management Co., Ltd. (“E Fund”) is a leading comprehensive mutual fund manager in China with over RMB 3.5 trillion (USD 505 billion) under management.* It offers investment solutions to onshore and offshore clients, helping clients achieve long-term sustainable investment performances. E Fund’s clients include both individuals and institutions, ranging from central banks, sovereign wealth funds, social security funds, pension funds, insurance and reinsurance companies, to corporates and banks. Long-term oriented, it has been focusing on the investment management business since inception and believes in the power of in-depth research and time in investing. It is a pioneer and leading practitioner in responsible investments in China and is widely recognized as one of the most trusted and outstanding Chinese asset managers.

Source: E Fund. AuM is preliminary and includes subsidiaries. Data as of Sep 30, 2024. FX rate is sourced from PBoC.

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SOURCE E Fund Management