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China Showcases Innovative Practices at INC-5, Vary Tech Signs with South Korean Company to Promote Global Plastic Pollution Treatment

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BUSAN, South Korea, Dec. 5, 2024 /PRNewswire/ — The fifth session of the Intergovernmental Negotiating Committee on Plastic Pollution (INC-5) was held in Busan, South Korea. During the conference, Hunan Vary Tech Co., Ltd., a leading enterprise in the field of solid waste resource utilization in China, was invited to participate in the INC-5 side event. There, the company showcased China’s innovative practices and technological breakthroughs in the field of waste plastic recycling and utilization to the international community.

Vice General Manager of Vary Tech, Che Tao, highlighted the company’s technological innovation and practices in the field of chemical recycling of waste plastics.

The oxygen-free pyrolysis technology and equipment independently developed by Vary Tech can efficiently process all kinds of mixed waste plastics and turn them into valuable oil, gas and carbon resources. Since 2009, the company has shown forward-looking vision, laying the foundation for technological innovation through international exchanges in the United States, Russia, Japan, Germany, etc. In 2013, the company made a major breakthrough in waste plastics pyrolysis technology, and completed the project of recycling 60 tonnes of waste plastics from domestic waste per day, which verified the feasibility of the technology. After 2016, the company entered into the period of rapid development, and the scope of technological application was expanded to 30. In 2018, the company achieved a qualitative leap, building a project of 600 tonnes per day of domestic waste plastics recycling, and the daily processing capacity of the core pyrolysis equipment was increased to 150 tonnes per day. The capacity breakthrough stems from the conquest of the core technology of pyrolysis equipment, including continuous feeding and discharging, flexible combination sealing, self-cleaning coke, heat carrier recycling, and thermal energy gradient utilisation, etc. The technology has been iterated and upgraded to the 6th generation, which achieves the perfect oil and gas sealing performance, effectively prevents any leakage, and significantly improves the safety and environmental friendliness. So far, the project has been running stably for 5 years. 2023, the electromagnetic pyrolysis reactor independently developed by Vary Tech will run for the first time in South Korea for the treatment of waste plastics and waste tyres, marking that the company’s chemical recycling of waste plastics is heading towards international development and opening up new opportunities for the treatment of global plastic pollution.

Li Bin, deputy director of the GRPG office and a senior researcher and doctoral supervisor at Donghua University, stated that chemical recycling is the ultimate method for converting plastic waste into stable raw materials, and showcased the industrial application cases of Vary Tech’s core equipment for chemical recycling of waste plastics.

In addition to chemical recycling, Vary Tech has also achieved outstanding results in the field of physical recycling. The company innovatively introduced a combined process of “double-shaft shredding + vertical crushing,” leading the development of the waste home appliance recycling industry. After seven generations of technological iteration, this process has now achieved an exceptional capacity of processing up to 200 waste refrigerators per hour per unit, with a plastic sorting rate exceeding 97%. The company has further expanded the application of its technology, extending recycling services to the small home appliance sector. A single unit of equipment can process up to 3 tons of waste small home appliances per hour, with a plastic recycling rate of 99%. This advanced process has laid a solid foundation for the subsequent high-value application of waste plastics, strongly promoting the development of physical recycling technology, and providing key technical support for the efficient and high-quality recycling of waste home appliance plastics.

The company has also established an electronic waste resource recycling and disposal base, achieving coordinated development of technology research and operations. The annual processing capacity is as high as 8.3 million units, ensuring that waste electrical appliances are treated harmlessly and resources are recycled efficiently. In 2018, Vary Tech made a significant breakthrough in the high-value utilization of waste electrical appliance plastics. They developed advanced processes for shredding, cleaning, and melting, transforming waste appliance plastics into high-quality recycled pellets. The annual capacity for shredding and cleaning waste plastics reached 100,000 tons, with a granulation capacity of 50,000 tons. This innovative process has been certified with GRS 4.0, and the recycled materials produced are widely used in the manufacturing of small household appliances, computers, laptops, mice, and other products, achieving high-value circular utilization of waste plastics. Vary Tech has successfully established a complete physical recycling loop for the recycling and regeneration of waste electrical appliance plastics.

As a key step in the global plastic pollution governance negotiations hosted by the United Nations Environment Programme (UNEP), this conference aims to establish a legally binding global agreement on plastic pollution. During the INC-5 meeting, Vary Tech signed a contract with a well-known Korean waste plastic recycling company to cooperate on chemical recycling technology for waste plastics. Che Tao stated, “This cooperation is a concrete action in response to the global initiative on plastic pollution governance. We will leverage our respective strengths to contribute to the implementation of the upcoming global agreement on plastic pollution.”

Kim Dong-myung, CEO of the Korean environmental protection company, stated, “Against the backdrop of the growing urgency of global plastic pollution management, the innovative capabilities of leading technology companies like Vary Tech will be the key force driving the industry’s development. We look forward to developing more environmentally friendly and cost-effective solutions by integrating the professional knowledge and technological advantages of both parties.”

The cooperation between Chinese and South Korean companies will bring new solutions to global plastic pollution management, not only helping to promote the formulation and implementation of global plastic pollution governance laws, but also indicating a broader trend of international cooperation in the environmental protection industry. With the gradual implementation of global plastic pollution governance agreements, plastic pollution management will become a new growth point for the environmental protection industry, providing strong technical support for global plastic pollution management.

For further information, please visit https://solidwastepyrolysis.com or http://en.varygroup.com
Linkedin: www.linkedin.com/company/103059726/admin/dashboard/
Youtube: www.youtube.com/@VARYTECH-pi5hf 

 

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SOURCE Vary Tech

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Neusoft Education officially renamed as ” Neutech Group Limited “, accelerating the advancement of the “education-healthcare-wellness and mind tour” strategy in a new stage

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HONG KONG, Jan. 11, 2025 /PRNewswire/ — On 9 January, Neusoft Education (09616.HK) announced that the Company’s English name will change from “Neusoft Education Technology Co. Limited” to “Neutech Group Limited”. The name change will take effect on the same day.

According to the announcement, the Company’s renaming to “Neutech Group Limited” better reflects its strategic transformation and upgrade, and more accurately demonstrates its five-in-one industry layout of “education-healthcare-wellness and mind tour”. This will establish a new corporate brand image and highlight the Company’s comprehensive strength in technological innovation and integrated development. Starting with the name change, the Company will focus on education and adapt to the aging economy, promoting the parallel development of academic education, continuing education, senior education, and resource output. This will create a business model of “education-assisted healthcare, education-assisted wellness, medical-care conversion, medical-education assistance, care-supported medicine, and care-education assistance”. Driven by technology and platform research and development, the company will achieve integrated development of education, medicine, care, health, and tourism, as well as efficient use of human, financial, and material resources. This will build a harmonious and inclusive “education + technology + medical care + health + tourism” prosperous ecosystem. It is expected to further enhance the Company’s brand reputation and industry influence, and support its sustainable development.

Neutech Group, as a pioneer in the “education-healthcare-wellness and mind tour” ecosystem in China, successfully listed on the Main Board of the Hong Kong Stock Exchange on 29 September 2020, becoming the “first stock of IT higher education” (stock code: 9616.HK). With the broad market opportunities brought by the aging population and the positive support of policies for the development of the elderly care industry, the Company leverages its innovative research and development capabilities in “education + technology + medical care” to build a new ecosystem of integrated development of ” education-healthcare-wellness and mind tour”.

In the education technology business sector, the Company will retain the main body of ” Neusoft Education Group” and continue to operate academic education, continuing education, and resource output businesses. Based on IT innovation education, the Company will further develop the “digital media” and “medical care” fields, build an integrated ecosystem of “education-healthcare-wellness”, and consolidate the core competitiveness of education technology in the future. The Company will also establish a characteristic product and service system based on the 4S model, providing first-class platforms, resources, models, and management services to governments, universities, hospitals, and health care institutions, continuously empowering partners’ reform and development.

In the elderly education and elderly care technology business sector, following the concept of “Elderly care starts with prevention, education drives elderly care, and technology empowers elderly care”, the Company has deeply developed elderly education through Neuedu Phoenix Academy and created a unique “LIFECARES” model of integrated elderly education with “leisure, care, medical services, education, and integration”. Using top-notch medical and care services and platform services to empower the elderly to live a happy life, the Company is building a dream university for active seniors. In addition, the Company will strengthen the training of elderly care service personnel by creating a one-stop industry chain of “university training + training + intern + human resource services”. On the other hand, the Company will build a medical and care technology operation service model, create an elderly care solution industrial ecosystem through the output of overall smart elderly care solutions and elderly care technology products and services, and achieve mutually beneficial cooperation with ecological partners.

In the medical and health care service sector, the Company integrates customer management service systems to provide intelligent medical and elderly care information solutions, and create a “medical care and elderly care” integrated development system with treatment-based medical institutions, rehabilitation-based nursing institutions, and care-based elderly care institutions. Its subsidiaries, Ruikang Cardiovascular Hospital, Dalian Ruikang Zhuomei Stomatology Hospital Co., Ltd., and Wecare Family Nursing Home, have been put into operation.

In the wellness tourism sector, targeting energetic seniors, the Company integrates tourism, education, and elderly care into one, with a focus on “leisure learning, slow travel, and peaceful living”. Through the concept of “study-travel-care”, seniors can experience a variety of dimensions of “learning-travel-care” in their travel and learning process, creating a comprehensive elderly education model that provides opportunities for art experiences, promotes physical and mental relaxation, enhances cultural literacy, and expands social interaction.

In addition, the Company expands its industrial management and service sector, with the vision of building a better life and using technology to empower intelligent logistics. It explores diverse, characteristic, and value-added service models to meet the diverse needs of internal and external customers, continuously expanding its brand reputation and social influence.

With its keen market insight and deep accumulation of industry and education resources, Neutech Group Limited actively embraces the development of the silver-haired economy, timely enters new tracks, and improves its position in the industrial ecosystem. Now, the Group’s new layout of “education-healthcare-wellness and mind tour ” has been formed, which not only helps to create a new growth curve but also continuously expands new development margins, moving towards becoming a leader in the development of the “education-healthcare-wellness and mind tour” ecosystem.

CONTACT: Lin Wei, weilin@neuedu.com

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SOURCE Neutech Group Limited

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RoboSense and Coco Robotics Forge Strategic Partnership to Revolutionize Autonomous Last-Mile Delivery

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LAS VEGAS, Jan. 12, 2025 /PRNewswire/ — RoboSense (2498.HK), a global leader in AI-driven robotics technology, and Coco Robotics, an innovator in delivery robots, have announced a strategic partnership to transform last-mile logistics. By combining RoboSense’s advanced sensor technology with Coco Robotics’s delivery solutions, the collaboration aims to enhance safety, efficiency, and sustainability in urban networks.

Coco Robotics bridges the gap between local businesses and customers through advanced navigation and real-time tracking, prioritizing sustainability by reducing carbon emissions and delivery costs. Since its launch in 2020, the company has expanded operations to major U.S. and European cities, forming partnerships with food delivery leaders like Uber Eats and DoorDash to meet the growing demands of modern logistics and support a greener future.

This partnership addresses key challenges in autonomous last-mile delivery by integrating RoboSense’s perception solutions into Coco Robotics’s fleet to enhance navigation and obstacle detection. Together, the companies are accelerating the deployment of delivery robots to optimize efficiency and scale operations.

“We’re thrilled to collaborate with RoboSense to push the boundaries of what’s possible in last-mile delivery,” said Zach Rash, Co-founder and CEO of Coco Robotics. “This partnership strengthens our ability to provide safe, reliable, and sustainable delivery solutions at scale, helping us better serve businesses and communities.”

Mark Qiu, CEO of RoboSense, said, “The successful collaboration with Coco Robotics is one of the key milestones in RoboSense’s global strategy. By combining our visual sensor technology with Coco Robotics’ innovative robotics solutions, we aim to redefine what’s possible in autonomous last-mile delivery. RoboSense will continue to innovate, providing superior incremental components and solutions to our global robotics customers. Partnering with Coco Robotics, we will create safer, smarter robotic delivery services and expand into global markets.”  

About RoboSense

RoboSense (2498.HK), founded in 2014, is an AI-driven robotics technology company that supplies industry-leading incremental components and solutions for the robotics market. The company is committed to “Become the global leader in robotics technology platforms”, and its mission is “Safer world, Smarter life”. For more information about RoboSense, visit https://www.robosense.ai 

About Coco Robotics

Coco Robotics is the world’s largest urban robot delivery platform. Founded in 2020, Coco has completed over 500,000 zero-emission deliveries, serving customers in the US and Europe. Coco’s mission is to create a more sustainable, reliable, and affordable last-mile logistics solution in cities around the world. For more information about Coco, visit cocodelivery.com  

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SOURCE RoboSense Technology Co., Ltd.

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AI Wellness Launches SoCal Fire Relief Initiative to Support Families and First Responders in Southern California

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LOS ANGELES, Jan. 11, 2025 /PRNewswire/ — Demonstrating a commitment to both innovation and compassion, AI Wellness has officially launched the SoCal Fire Relief Initiative to provide aid to families and first responders affected by the devastating fires in Southern California. Unveiled during CES 2025, this initiative aims to deliver critical resources and long-term recovery solutions to the communities hardest hit by this tragedy.

 

Southern California is more than just where we operate—it’s our home,” said Dr. Gideon Kwok, Co-Founder of AI Wellness. “The fires have left countless families without homes, belongings, and hope. This initiative is our way of giving back and rebuilding the lives of our neighbors and the first responders who have worked tirelessly to protect them.”

Let’s Take Action Together

The SoCal Fire Relief Initiative brings together individuals, brands, and organizations to address the urgent and long-term needs of affected communities. In partnership with the Mission Community Hospital Foundation and the Santo Niño Health Center, AI Wellness is leading efforts to:

Provide essential supplies such as food, water, clothing, and medical care to displaced families.Deliver hydration and wellness resources to first responders working on the frontlines.Support long-term community recovery through wellness programs and innovative solutions.

“It is during a crisis that the best of humanity comes out,” said Bernard Hiller. “It’s important for those affected to know they are not alone. This is a huge undertaking that we cannot do without you. These are our friends, neighbors, and family. Please help us.”

How You Can Help

The initiative provides several ways to make a difference:

Donate to Relief Efforts:
Contributions directly fund essential resources for families and first responders.Send Water to Evacuation Centers:
Every purchase of AI Wellness Water helps ensure first responders and displaced families stay hydrated, while also funding continued production and donation efforts.Spread Awareness:
Share the SoCal Fire Relief Initiative with your networks to amplify its reach and inspire collective action.Wellness Bundles:
Wellness bundle purchases such as the Powersuit, Smart Ring, and Mindbody Matrix Water, help support relief efforts with proceeds contributing to recovery initiatives.

DONATE HERE

Real Impact in Action

Since the fires began, AI Wellness and its partners have made a significant impact:

Delivered over 10,000 water packs to evacuation centers and first responders.Distributed 500 wellness bundles to displaced families.Donated proceeds from the first 1,000 AI Wellness Powersuits and 5,000 Smart Rings to relief efforts.Raised $250,000 to support critical aid and recovery.

“This initiative is about more than providing relief,” said Abby Aboitiz Founder of AI Wellness. “It’s about restoring hope and rebuilding our community, together.”

Uniting Brands and Innovators

During CES 2025, AI Wellness called on brands and innovators to collaborate on this critical mission. Companies can contribute by donating resources, partnering on curated wellness bundles, or amplifying awareness for the initiative.

“We’re inspired by the innovation and generosity of the brands we’ve met here at CES,” said Dr. TK Huynh, Medical Innovator at AI Wellness. “Together, we can transform this tragedy into an opportunity to rebuild lives and strengthen our community.”

Join the SoCal Fire Relief Initiative

Support the SoCal Fire Relief Initiative by visiting aiwellness.ai or contacting AI Wellness directly:

Email: info@aiwellness.aiInstagram: @aiwellnesstv

About AI Wellness

AI Wellness is a pioneer in health, wellness, and philanthropy, combining cutting-edge AI technology with innovative solutions to address the most pressing challenges facing communities today. From digital avatars to precision education and curated wellness bundles, AI Wellness empowers individuals and brands to make a meaningful impact.

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SOURCE Assisted Intelligence Wellness, Inc.

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