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Global Times: Dam benefits communities in Xinjiang, paving way for a secure ecological future for region

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BEIJING, Oct. 31, 2024 /PRNewswire/ — In the past, the Yarkand River in Xinjiang would flood annually during the rainy season, causing destruction to infrastructure, submerging farmland, and engulfing homes and villages. Bubishare, a Uygur resident who grew up in a village upstream of the river, still vividly recalls the cries of helplessness from those affected by the devastating floods before the construction of the Aratax water conservation project. Thanks to the project, these nightmares are now a thing of the past for local residents.

Located in the Karakorum Mountain Valley, the Aratax water conservation project, known as the “Xinjiang’s Three Gorges” project for its grandeur and construction challenges, was constructed to control the Yarkant River. The 1,289-km-long Yarkant River in the Tarim Basin is Xinjiang’s most flood-prone river, and the towering dam can withstand the turbulent floodwaters in a reservoir with a storage capacity of 2.2 billion cubic meters. 

Today, this dam is gushing with clean water sources, stable power, and also gushing with hope for the minority groups on the desert.

In August 2023, President Xi Jinping urged firmly grasping the strategic positioning of Xinjiang in the overall national situation and better building a beautiful Xinjiang in the process of pursuing Chinese modernization, the Xinhua News Agency reported. 

Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, demanded thorough, meticulous, concrete and sustained efforts to develop a beautiful Xinjiang that is united, harmonious, prosperous, and culturally advanced, with healthy ecosystems and people living and working in contentment, in the process of pursuing Chinese modernization.

The building of a beautiful Xinjiang extends from a dam to a relocated ethnic minority community. The relocation of villagers to new homes with improved living conditions, as a result of the dam project, has brought green energy, green fields, and a green dream of prosperity to the villagers.

Path to build new hope

After a challenging 6-hour journey along the rugged Tasha Ancient Road, the Global Times reporter finally laid eyes on the Aratax dam nestled in the mountainside deep within the Karakorum Mountain. Without firsthand experience of this journey, it is difficult to fathom the obstacles encountered during the entire process of researching, designing, and constructing the dam – no roads on the ground, barren mountains devoid of trees, transportation primarily by feet, and communication mainly through shouting. Accidents like overturning were frequent due to the rugged environment.

The Xinhua Hydropower Generation Co, Ltd, a subsidiary of the China National Nuclear Corporation, began construction on the water conservation project in 2011, with a total investment of 10.98 billion yuan ($1.5 billion). The Aratax project has played a crucial role in flood control, irrigation, and power generation. The river plain, with a population of 4 million and an irrigated area of over 6.5 million mu (433,333 hectares), is the largest irrigated area in Xinjiang and the fourth-largest in China, benefiting 2.4 million people in the region.

Zhang Yibo, a frontline employee at the developer, told the media, “Over a decade ago, this place was even more desolate and rarely visited, and our water conservancy experts achieved a remarkable feat here.” Confronted by the harsh natural surroundings, the builders traversed mountains, camped under the open sky, drank from rivers when thirsty, and rested in tents outdoor, with a firm passion for building a sustainable dam for locals.

From July 18 to August 17, 2021, the Aratax water conservancy project successfully connected four units to the grid in just one month, a rare accomplishment in the history of global hydropower development. This hydropower station significantly alleviated the power shortage in the four southern prefectures in Xinjiang. The project’s designed annual power generation is 21.86 billion kilowatt-hours, saving 883,100 tons of standard coal annually while reducing smoke and dust emissions by 175,300 tons, and enabling the residents of southern Xinjiang to access cleaner energy.

The dam’s incorporation of advanced technology, such as unmanned compaction technology using the Beidou satellite, improved digital visualization of the construction progress, and magnetic induction devices to assist in fish migration, have been notable features of its intelligent design. 

“Following the completion of this project, it has greatly supported our irrigation efforts. Economic crops like sea buckthorn and apples are now extensively cultivated in the desert, leading to significant improvements in both economic and ecological benefits,” Fan Kexing, Party secretary of Tong’an township, Kashi, Xinjiang, told the Global Times. “Previously, the area was plagued by strong winds and sandstorms, with sand and gravel striking house windows with a loud thud, but this phenomenon has now been alleviated,” Fan noted.

Path to enjoy better life

Over the last six years, the residents of the remote Karakorum Mountains in Xinjiang have experienced incredible changes. Having previously lived in the vast desert with only three mu of arable land per person a decade ago, they had to trek seven kilometers to the mountains for drinking water, which needed to be purified before consumption. Power outages lasting for days at a time were a common occurrence. However, these challenges are now a thing of the past. 

Today, the residents have an average annual income exceeding 10,000 yuan, live in beautifully decorated homes with their ethnicity characteristics, and enjoy access to closer schools, more job opportunities, and reliable water and electricity services. 

Thanks to the construction of the dam, in August 2018, 4,243 individuals from over 1,000 households in Kusilafu township, Aketao county were resettled in Tong’an township, over 100 kilometers away. This diverse community, made up of Uygurs, Kyrgyz, Tajiks, and other ethnic groups, have embraced their new beginning. 

Zhou Jingfang, an expert at the Xinhua Hydropower Generation Co who led the relocation work, still remembers the days of tirelessly conducting site surveys, clearing land, mobilizing villagers to relocate, planning and designing new sites, building resettlement houses, greening rural areas, reclaiming farmland, introducing livestock, and setting up factories, schools, clinics, and markets. 

He told the Global Times that the dedicated team members worked long hours in harsh conditions, and navigated countless checkpoints and roads in the vast desert and rugged mountains without complaint. Nowadays, the villagers are no longer facing the endless desert of despair as they did in the past.

When discussing stories of relocation, 25-year-old Bubishare said, “Our village now has schools, factories, and employment opportunities. The village has supported us to find more diverse ways to make a living.” 

“We have 20,000 acres of farmland, where we not only grow food but also operate cash crops cooperatives. This area is a seabuckthorn forest, and our village recently constructed a seabuckthorn fruit processing plant. Our seabuckthorn beer will soon hit the market. With ample water supply, we are confident in our farming endeavors.” Fan shared proudly while standing amid the seabuckthorn forest. 

In a local farmer’s backyard sheep pen, the Global Times reporter observed over 20 Dolan sheep, known as “living banks.” Zhou explained that by raising two Dolan sheep, a farmer can become prosperous within two years due to their high reproductive rate. In Tong’an, many villagers raise Dolan sheep in this manner and enjoy prosperity. 

Tong’an township has also collaborated with local businesses to establish factories, providing employment for local women to produce items made from Xinjiang cotton, such as down jackets and socks for overseas export, ensuring female workers earn at least 2,000-3,000 yuan per month. “The factory is conveniently located, allowing women to balance family responsibilities while earning an income,” Fan informed the Global Times. 

In one factory, a wall in the workshop reads, “Happiness is achieved through hard work.” These words have accurately described how local women in Xinjiang have embarked on the path to modernization through their own hands.

Along the Yarkand River, beyond the Karakorum Mountain, the villagers of Tong’an are employing their diligence and unwavering efforts to write their own happy stories in the desert. They have left behind isolation and poverty, embracing hope and prosperity within short years. In this vibrant land, a new life of perseverance and success is blossoming with vibrant hues.

https://www.globaltimes.cn/page/202408/1318454.shtml

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SOURCE Global Times

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River Associates Completes Third Platform Investment for 2024 with ID Label, Inc.

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CHATTANOOGA, Tenn., Nov. 22, 2024 /PRNewswire/ — River Associates Investments, L.P. (“River Associates”), a longstanding lower middle market private equity firm based in Chattanooga, TN, is pleased to announce the successful acquisition of ID Label, Inc. (“ID Label” or the “Company”). The transaction closed on November 15, 2024.

Founded in 1994 and based in Lake Villa, IL, ID Label is an industry-leading manufacturer of variable information barcode labels and warehouse signage for 3PLs and multi-site manufacturers. The Company provides design engineering, production, signage and nationwide installation services for warehousing, supply chain, manufacturing, electronics, calibration, medical, laboratory, lumber and library end markets. ID Label’s solutions are used by thousands of global organizations to keep businesses moving with efficiency, speed and accuracy.

“Throughout the process, River Associates consistently emerged as our top choice,” said Neil Johnston, Founder of ID Label. “I’m thrilled they saw ID Label’s value and growth potential. We will expand our capabilities and market reach, allowing us to better serve our customers. Most importantly, we will maintain our strong ID Label brand, preserving the quality and reputation we’ve built over the past 30 years.”

“We are excited to welcome ID Label to our portfolio,” said Ken Trent, Principal at River Associates. “ID Label is an excellent platform for River’s fund VIII. ID Label comes with a strong existing management team, an industry leading brand, and a pristine facility with ample capacity to achieve solid growth for the foreseeable future. We look forward to partnering with the management team and supporting the company as it continues to build on its impressive track record of success.”

River Associates funded the transaction with equity from its eighth investment fund (River VIII, L.P.). Blake Lewis and Ken Trent, Principals, led the process for River Associates. Mesirow Financial, Inc. served as the exclusive sell-side banker for the transaction. Financing was provided by NXT Capital. River Associates was advised by Holland & Knight, LLP. ID Label was advised by Kilpatrick Townsend & Stockton, LLP.

As with all platform company investments, River Associates and the ID Label management team will seek complementary strategic add-on acquisitions. For more information or to suggest potential add-on ideas, please reach out to Mark Jones.

About River Associates:

River Associates is a private equity firm based in Chattanooga, TN, which has focused exclusively on investing in the lower middle market for 35 years. Target businesses can be privately held, private equity-backed, or divestitures from larger companies. River Associates is opportunistic as to industry and has invested in numerous niche manufacturers, high margin distributors, industrial service providers and business service companies. River targets U.S. & Canadian companies, typically with EBITDA in the $3-12 million range. Since its founding in 1989, River Associates has completed more than 120 transactions. River is currently investing its eighth investment fund, which has $345 million of committed capital. For more information, visit www.riverassociates.com.

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SOURCE River Associates Investments

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Findings from IXPE Data Reveal Key Insights on Corona Around Black Holes

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WASHINGTON, Nov. 22, 2024 /PRNewswire/ — Groundbreaking research using data from NASA’s Imaging X-ray Polarimetry Explorer (IXPE) mission has revealed new insights into the shape and properties of a black hole’s corona, a key structure surrounding black holes. Led by Universities Space Research Association’s (USRA) postdoctoral researcher, Lynnie Saade, at USRA’s Science and Technology Institute, these findings were recently published in The Astrophysical Journal and represent a significant advance in our understanding of black hole environments. The work was conducted at NASA’s Marshall Space Flight Center in Huntsville, Alabama.

Many black holes are encircled by accretion disks —turbulent whirlpools of gas and debris, —and they also feature superheated coronas. These coronas are dynamic regions of plasma that are responsible for most X-ray emissions from black holes though scientists have only theoretical insights into their behavior. This latest discovery offers the first glimpse into the shape of these coronas, potentially deepening our understanding of how they help to generate the energy released when the black holes absorb materials.

“Scientists have long speculated on the makeup and geometry of the corona,” said Lynnie Saade. “Is it a sphere above and below the black hole, or an atmosphere generated by the accretion disk, or perhaps plasma located at the base of the jets?”

Results from the IXPE, which specializes in X-ray polarization, help map the shape and structure of coronas. IXPE observes X-rays, and studies objects that are not just small, but also very distant. X-ray polarization is needed “to determine the geometry of these objects which are too small and distant to image.”

According to Lynnie Saade, “IXPE provides the means to study the black hole’s accretion geometry, or the shape and structure of its accretion disk and related structures, including the corona.”

IXPE demonstrated that, among all black holes for which coronal properties could be directly measured via polarization, the corona was found to be extended in the same direction as the accretion disk – providing, for the first time, clues to the corona’s shape and clear evidence of its relationship to the accretion disk. The results rule out the possibility that the corona is a compact region above and below the black hole or at the base of a relativistic jet.

This research has significant implications. With the increasing availability of data on the shape of the corona, scientists can refine their models and develop a deeper understanding of its nature and behavior.

IXPE has not observed all black holes. This research has only studied 12 black holes, among them Cygnus X-1 and Cygnus X-3, stellar-mass binary black hole systems about 7,000 and 37,000 light-years from Earth, respectively, and LMC X-1 and LMC X-3, stellar-mass black holes in the Large Magellanic Cloud more than 165,000 light-years away.

Stellar mass black holes typically have a mass roughly 10 to 30 times that of Earth’s Sun, whereas supermassive black holes may have a mass that is millions to tens of billions of times larger. Despite these vast differences in scale, IXPE data suggests both types of black holes create accretion disks of similar geometry. Future research is needed to explore more black holes and advance our understanding of the corona.

About IXPE

IXPE, which continues to provide unprecedented data enabling groundbreaking discoveries about celestial objects across the universe, is a joint NASA and Italian Space Agency mission with partners and science collaborators in 12 countries. IXPE is led by Marshall Space Fight Center; Ball Aerospace, headquartered in Broomfield, Colorado, manages spacecraft operations together with the University of Colorado’s Laboratory for Atmospheric and Space Physics in Boulder. https://www.nasa.gov/ixpe

About USRA

Founded in 1969, under the auspices of the National Academy of Sciences at the request of the U.S. Government, the Universities Space Research Association (USRA) is a nonprofit corporation chartered to advance space-related science, technology, and engineering. USRA operates scientific institutes and facilities and conducts other major research and educational programs. An association of 121 university members, it engages the broader university community, employs in-house scientific talent, and offers innovative research, development, and project management expertise. More information about USRA is available at https://www.usra.edu.

Media Contact:
Suraiya Farukhi
sfarukhi@usra.edu
443-812-6945

 

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SOURCE Universities Space Research Association

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Tucker Hill’s Strategic Leap into Pest Control: A Blueprint for Growth

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What happens when two powerhouse leaders join forces to reshape an industry? The answer lies in the groundbreaking collaboration between Jeremy Prevost, CEO of Tucker Hill Air, Plumbing, and Electric, and Michael Leobold, Co-Founder of GreenWave Pest Solutions. Together, they have proved that achieving operational excellence and improving profitability can be more than just boardroom ambitions—it can be a reality. They have successfully built and sold one of the top pest control companies in the Southwest

LAS VEGAS, Nov. 22, 2024 /PRNewswire-PRWeb/ — What happens when two powerhouse leaders join forces to reshape an industry? The answer lies in the groundbreaking collaboration between Jeremy Prevost, CEO of Tucker Hill Air, Plumbing, and Electric, and Michael Leobold, Co-Founder of GreenWave Pest Solutions.

Together, they have proved that achieving operational excellence and improving profitability can be more than just boardroom ambitions—it can be a reality. They have successfully built and sold one of the top pest control companies in the Southwest. For investors curious about up-and-coming business models, Tucker Hill’s crossover is a case study in balancing agility, strategy, and execution to conquer industry challenges. Here’s how they did it—and what it means for your investment strategy.

The Industry Challenges Redefined Transitioning into a new vertical comes with its own set of challenges, and pest control is no exception. Despite its potential for scaling revenue, the industry constantly grapples with three major hurdles. Tucker Hill’s strategic moves address these head-on, offering key insights for investors. 1. High Lead Costs Marketing and generating quality leads in pest control can be prohibitively expensive, burning through capital for uncertain returns.

Tucker Hill’s approach was intentional and data-driven. By leveraging the trusted GreenWave Pest Solutions brand and aligning marketing efforts with pre-established segments, they minimized entry costs. Their innovative focus on improving close rates meant every marketing dollar worked harder. Result: Gross margin increased by 20%. Tucker Hill proved that controlling lead costs isn’t just about securing volume—it’s about enhancing quality through targeted strategies. 2. Skilled Labor vs. Unskilled Labor The pest control business demands a delicate mix of trained professionals and efficient teams. The ability to attract skilled staff is a challenge that plagues the industry (pun intended). Tucker Hill and GreenWave relied on strong operational frameworks to streamline training and integration.

The collaboration prioritized equipping the workforce with both technical expertise and customer-first service habits, breaking away from the typical low-bar training regiment seen in the sector. Insight for Investors: Teams aligned with clear expectations and KPI-focused training programs provide both scalability and a service quality edge—critical components for long-term growth. 3. Benchmarks and KPIs Every smart investor asks the same question—how do you measure success?

For Tucker Hill, the key to success lies in transparent and actionable KPIs. Together with GreenWave Pest Solutions, they developed key operational benchmarks, tracking everything from average revenue per customer to team efficiency. Actual Impact: EBITDA saw a remarkable 10% lift, a clear indicator that their targeted metrics weren’t just aspirational—they were actionable. Collaboration Shapes Success This strategic partnership wasn’t a matter of chance; it was the result of two strong leaders aligning their visions. Jeremy Prevost, known for his expertise in managing diversified services, worked seamlessly with Michael Leobold, leveraging his deep pest control experience. Their mutual respect and focus on execution ensured that Tucker Hill’s new pest control division hit the ground running. Investors take note—partnerships like these serve as valuable blueprints for successfully scaling in multi-service industries.

When leadership prioritizes collaboration, supported by aligned goals and expertise, growth is inevitable. What Can Investors Learn? Tucker Hill’s story isn’t just about expansion; it’s about rewriting the playbook in a competitive market. Their ability to tackle high lead costs, foster a skilled workforce, and develop actionable KPIs resulted in measurable success that should have every investor paying attention. High Numbers Speak for Themselves: A 20% increase in gross margin and 10% growth in EBITDA within such a short timeline signal operational excellence. Partnerships Drive Innovation: The blending of GreenWave’s pest control expertise with Tucker Hill’s operational efficiencies shows that collaboration isn’t just beneficial—it’s necessary. KPIs Matter: Investors should always look for companies that prioritize transparency and measurable success, and Tucker Hill demonstrates that well. Explore Our Playbook for Success The path Tucker Hill and GreenWave have paved isn’t just inspiring—it’s repeatable. Interested in learning how Tucker Hill overcame these challenges and achieved measurable growth? See the strategies behind this success up close. Discover Tucker Hill’s Approach Today

For investors curious about up-and-coming business models, Tucker Hill’s crossover is a case study in balancing agility, strategy, and execution to conquer industry challenges. Here’s how they did it—and what it means for your investment strategy.

The Industry Challenges Redefined

Transitioning into a new vertical comes with its own set of challenges, and pest control is no exception. Despite its potential for scaling revenue, the industry constantly grapples with three major hurdles. Tucker Hill’s strategic moves address these head-on, offering key insights for investors.

1. High Lead Costs

Marketing and generating quality leads in pest control can be prohibitively expensive, burning through capital for uncertain returns. Tucker Hill’s approach was intentional and data-driven. By leveraging the trusted GreenWave Pest Solutions brand and aligning marketing efforts with pre-established segments, they minimized entry costs. Their innovative focus on improving close rates meant every marketing dollar worked harder.

Result: Gross margin increased by 20%. Tucker Hill proved that controlling lead costs isn’t just about securing volume—it’s about enhancing quality through targeted strategies.

2. Skilled Labor vs. Unskilled Labor

The pest control business demands a delicate mix of trained professionals and efficient teams. The ability to attract skilled staff is a challenge that plagues the industry (pun intended). Tucker Hill and GreenWave relied on strong operational frameworks to streamline training and integration. The collaboration prioritized equipping the workforce with both technical expertise and customer-first service habits, breaking away from the typical low-bar training regiment seen in the sector.

Insight for Investors: Teams aligned with clear expectations and KPI-focused training programs provide both scalability and a service quality edge—critical components for long-term growth.

3. Benchmarks and KPIs

Every smart investor asks the same question—how do you measure success? For Tucker Hill, the key to success lies in transparent and actionable KPIs. Together with GreenWave Pest Solutions, they developed key operational benchmarks, tracking everything from average revenue per customer to team efficiency.

Actual Impact: EBITDA saw a remarkable 10% lift, a clear indicator that their targeted metrics weren’t just aspirational—they were actionable.

Collaboration Shapes Success

This strategic partnership wasn’t a matter of chance; it was the result of two strong leaders aligning their visions. Jeremy Prevost, known for his expertise in managing diversified services, worked seamlessly with Michael Leobold, leveraging his deep pest control experience. Their mutual respect and focus on execution ensured that Tucker Hill’s new pest control division hit the ground running.

Investors take note—partnerships like these serve as valuable blueprints for successfully scaling in multi-service industries. When leadership prioritizes collaboration, supported by aligned goals and expertise, growth is inevitable.

What Can Investors Learn?

Tucker Hill’s story isn’t just about expansion; it’s about rewriting the playbook in a competitive market. Their ability to tackle high lead costs, foster a skilled workforce, and develop actionable KPIs resulted in measurable success that should have every investor paying attention.

High Numbers Speak for Themselves: A 20% increase in gross margin and 10% growth in EBITDA within such a short timeline signal operational excellence.

Partnerships Drive Innovation: The blending of GreenWave’s pest control expertise with Tucker Hill’s operational efficiencies shows that collaboration isn’t just beneficial—it’s necessary.

KPIs Matter: Investors should always look for companies that prioritize transparency and measurable success, and Tucker Hill demonstrates that well.

Explore Our Playbook for Success

The path Tucker Hill and GreenWave have paved isn’t just inspiring—it’s repeatable. Interested in learning how Tucker Hill overcame these challenges and achieved measurable growth? See the strategies behind this success up close.

Discover Tucker Hill’s Approach Today

Media Contact

Ian Williams, Tucker Hill, 1 6027148046, jprevost@tuckerhillaz.com, tuckerhillaz.com 

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SOURCE Tucker Hill

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