Economy of China

Global and Chinese Stainless Steel Bar Market (2021 to 2026) - Key Development Opportunities and Challenges - ResearchAndMarkets.com

Tuesday, March 2, 2021 - 1:08pm

The "Global and Chinese Stainless Steel Bar Industry, 2021 Market Research Report" has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global and Chinese Stainless Steel Bar Industry, 2021 Market Research Report" has been added to ResearchAndMarkets.com's offering.
  • This report is a professional and in-depth study on the current state of the global Stainless Steel Bar industry with a focus on the Chinese market.
  • Through statistical analysis, the report depicts the global and Chinese total market of Stainless Steel Bar industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.
  • Overall, the report provides an in-depth insight of the 2021 global and Chinese Stainless Steel Bar industry covering all important parameters.

Li Auto Inc. February 2021 Delivery Update

Tuesday, March 2, 2021 - 8:00am

BEIJING, China, March 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI), an innovator in Chinas new energy vehicle market, today announced that the Company delivered 2,300 Li ONEs in February 2021, representing a 755.0% year-over-year increase, which took cumulative Li ONE deliveries to 41,276.

Key Points: 
  • BEIJING, China, March 02, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI), an innovator in Chinas new energy vehicle market, today announced that the Company delivered 2,300 Li ONEs in February 2021, representing a 755.0% year-over-year increase, which took cumulative Li ONE deliveries to 41,276.
  • As of February 28, 2021, the Company had 60 retail stores covering 47 cities, and 125 servicing centers and Li Auto-authorized body and paint shops operating in 90 cities.
  • Li Auto Inc. is an innovator in Chinas new energy vehicle market.
  • All information provided in this press release is as of the date of this press release, and Li Auto does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

WesTech Engineering and Swire Close Transaction, Chart Course for Expansive Growth

Monday, March 1, 2021 - 6:30pm

The Board of WesTech Engineering (WesTech) is pleased to announce that John Swire & Sons Limited (Swire) has completed its purchase of all of WesTechs common stock.

Key Points: 
  • The Board of WesTech Engineering (WesTech) is pleased to announce that John Swire & Sons Limited (Swire) has completed its purchase of all of WesTechs common stock.
  • Swire is committed to the growth and development of WesTech.
  • In particular, there are significant opportunities from close co-operation between WesTech and another Swire subsidiary based in Salt Lake City, Purestream Services.
  • I know we have found the right partner in Swire and am excited by the opportunities this will bring for WesTech, said Ralph Cutler, CEO of WesTech Engineering.

Wanda Sports & Media (Hong Kong) Holding Co. Limited Completes Tender Offer to Acquire Class A Ordinary Shares and ADSs of Wanda Sports Group

Monday, March 1, 2021 - 2:00pm

HONG KONG, March 01, 2021 (GLOBE NEWSWIRE) -- Wanda Sports & Media (Hong Kong) Holding Co. Limited (the "Purchaser") today announced the completion of the subsequent offering period of the tender offer (the Offer).

Key Points: 
  • HONG KONG, March 01, 2021 (GLOBE NEWSWIRE) -- Wanda Sports & Media (Hong Kong) Holding Co. Limited (the "Purchaser") today announced the completion of the subsequent offering period of the tender offer (the Offer).
  • The Offer was launched on December 23, 2020, to acquire all of the issued and outstanding class A ordinary shares of Wanda Sports Group Company Limited (the "Company" or "Wanda Sports Group"), no par value (the "Class A Ordinary Shares"), including all Class A Ordinary Shares represented by American depositary shares of the Company ("ADSs," with every two ADSs representing three Class A Ordinary Shares).
  • The foregoing include a total of 18,678,348 ADSs tendered, representing approximately 94% of the outstanding ADSs, excluding the ADSs held by the Associates.
  • The Purchaser has accepted for payment, and has paid (or will pay) for, all such tendered Class A Ordinary Shares and ADSs.

Global and Chinese Alloy Steel Industry (2021 to 2026) - Key Development Opportunities and Challenges - ResearchAndMarkets.com

Friday, February 26, 2021 - 12:19pm

The "Global and Chinese Alloy Steel Industry, 2021 Market Research Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global and Chinese Alloy Steel Industry, 2021 Market Research Report" report has been added to ResearchAndMarkets.com's offering.
  • This report is a professional and in-depth study on the current state of the global Alloy Steel industry with a focus on the Chinese market.
  • Through statistical analysis, the report depicts the global and Chinese total market of Alloy Steel industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.
  • Overall, the report provides an in-depth insight of the 2021 global and Chinese Alloy Steel industry covering all important parameters.

X-Creator Challenge Opens for Global Submissions Centering on Intelligent Equipment Solutions for Emergency and Disaster Rescue

Friday, February 26, 2021 - 11:55am

Both categories of the X-Creator Challenge call for groundbreaking equipment design ideas to aid emergency and disaster relief/rescue missions after earthquakes, landslides, mudslides as well as production accidents, especially utilizing intelligent technologies to save life in urgent situations.

Key Points: 
  • Both categories of the X-Creator Challenge call for groundbreaking equipment design ideas to aid emergency and disaster relief/rescue missions after earthquakes, landslides, mudslides as well as production accidents, especially utilizing intelligent technologies to save life in urgent situations.
  • Modification suggestions under the two categories are also encouraged to submit for prize winning.
  • "In 2020 alone, natural disasters affected approximately 138 million people in China so quickly finding solutions to bottleneck problems in disaster relief and rescue is of the utmost importance.
  • New technologies such as 5G, modularized multi-functional emergency rescue equipment, quick disassembly/assembly of equipment as well as remote control are undoubtedly the key to further development," said Xiaodong Xu, Deputy GM of XCMG Fire-fighting Safety Equipment.

X-Creator Challenge Opens for Global Submissions Centering on Intelligent Equipment Solutions for Emergency and Disaster Rescue

Friday, February 26, 2021 - 11:14am

Both categories of the X-Creator Challenge call for groundbreaking equipment design ideas to aid emergency and disaster relief/rescue missions after earthquakes, landslides, mudslides as well as production accidents, especially utilizing intelligent technologies to save life in urgent situations.

Key Points: 
  • Both categories of the X-Creator Challenge call for groundbreaking equipment design ideas to aid emergency and disaster relief/rescue missions after earthquakes, landslides, mudslides as well as production accidents, especially utilizing intelligent technologies to save life in urgent situations.
  • "In 2020 alone, natural disasters affected approximately 138 million people in China so quickly finding solutions to bottleneck problems in disaster relief and rescue is of the utmost importance.
  • New technologies such as 5G, modularized multi-functional emergency rescue equipment, quick disassembly/assembly of equipment as well as remote control are undoubtedly the key to further development," said Xiaodong Xu, Deputy GM of XCMG Fire-fighting Safety Equipment.
  • For more information about X-Creator Challenge, please visit: https://www.xcmgapprentice.com/
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Inspur Information Releases 2020 Global Computing Index Report

Friday, February 26, 2021 - 8:07am

Inspur Information, a leading IT infrastructure solutions provider, has sponsored an International Data Corporation (IDC) white paper on the 2020 Global Computing Index (henceforth referred to as The Report).

Key Points: 
  • Inspur Information, a leading IT infrastructure solutions provider, has sponsored an International Data Corporation (IDC) white paper on the 2020 Global Computing Index (henceforth referred to as The Report).
  • As the worlds first index report on computing, The Report unveils the relationship between computing power and economic development and serves as a reference for the outlook of the global digital economy.
  • The Global Computing Index represents a year-long joint effort by Inspur Information and IDC.
  • Zhang Dong, vice president of Inspur Information, noted that "the application of emerging technologies, especially AI, will be driving the advancement of computing.

Technology and Art of Light in the Spotlight: Artists from around the World Gather at Shenzhen International Light Art Forum

Friday, February 26, 2021 - 6:41am

SHENZHEN, China, Feb. 26, 2021 /PRNewswire/ -- The 1st Shenzhen International Light Art Forum, one of the most important events of GLOW SHENZHEN 2020, was successfully held on February 24, 2021.

Key Points: 
  • SHENZHEN, China, Feb. 26, 2021 /PRNewswire/ -- The 1st Shenzhen International Light Art Forum, one of the most important events of GLOW SHENZHEN 2020, was successfully held on February 24, 2021.
  • Jian Zheng, Deputy Director of the Commerce Bureau of Shenzhen Municipality; Zhou Yaowei, Official of the Shenzhen Urban Administration and Law Enforcement Bureau; and Zhu Dongfang, President of IDG ASIA, addressed the forum respectively.
  • With an array of keynote speeches and roundtable discussions, the forum academically explored the art of light and shadow covering topics of empowering future cities, boosting night economy, and back-feeding cities' soft power.
  • This forum received strategic support form Shenzhen International Investment & Promotion Association (SZIIPA), a non-profit organization initiated by the Shenzhen Investment Holdings Co., Ltd. and other institutions.

Inspur Information Releases 2020 Global Computing Index Report

Thursday, February 25, 2021 - 2:07pm

Inspur Information, a leading IT infrastructure solutions provider, has sponsored an International Data Corporation (IDC) white paper on the 2020 Global Computing Index (henceforth referred to as The Report).

Key Points: 
  • Inspur Information, a leading IT infrastructure solutions provider, has sponsored an International Data Corporation (IDC) white paper on the 2020 Global Computing Index (henceforth referred to as The Report).
  • As the worlds first index report on computing, The Report unveils the relationship between computing power and economic development and serves as a reference for the outlook of the global digital economy.
  • The Global Computing Index represents a year-long joint effort by Inspur Information and IDC.
  • Zhang Dong, vice president of Inspur Information, noted that "the application of emerging technologies, especially AI, will be driving the advancement of computing.