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Largest IMAX in the World Set to Open in Germany with Lochmann Filmtheaterbetriebe

Monday, September 27, 2021 - 4:00pm

NEW YORK and LEONBERG, Germany, Sept. 27, 2021 /PRNewswire/ --IMAX Corporation (NYSE: IMAX) and Lochmann Filmtheaterbetriebe today announced that the largest IMAX screen in the world is scheduled to open to the public on September 30 at the Traumpalast Multiplex in Leonberg, Germany.

Key Points: 
  • NEW YORK and LEONBERG, Germany, Sept. 27, 2021 /PRNewswire/ --IMAX Corporation (NYSE: IMAX) and Lochmann Filmtheaterbetriebe today announced that the largest IMAX screen in the world is scheduled to open to the public on September 30 at the Traumpalast Multiplex in Leonberg, Germany.
  • "The IMAX at Traumpalast redefines the 'big screen'," said Rich Gelfond, CEO of IMAX.
  • "With Lochmann Filmtheaterbetriebe, we've created an unforgettable moviegoing experience where fans can truly immersive themselves in the world's biggest blockbusters on the world's largest screen.
  • The addition of IMAX at Traumpalast marks the eighth theatre for IMAX in Germany.

Researchers Present Key Research Results on Diabetes Remission of Dorzagliatin

Sunday, September 26, 2021 - 12:00pm

The SEED study is a Phase III registered clinical study of dorzagliatin monotherapy in drug-naive Type 2 diabetes patients to observe its long-term efficacy and safety.

Key Points: 
  • The SEED study is a Phase III registered clinical study of dorzagliatin monotherapy in drug-naive Type 2 diabetes patients to observe its long-term efficacy and safety.
  • The researchers comprehensively evaluated the subjects and set their individual HbA1c control goals, and the results of the research showed that the subjects had a 52-week glucose remission rate of 65.2% (95% CI, 53.4%, 77.0%) [1] during the research period.
  • The DREAM study explores the possibility of oral dosing in diabetes remission and is of great significance in expanding the treatment options for Type 2 diabetes."
  • Dorzagliatin is an investigational first-in-class, dual-acting glucokinase activator, designed to control the progressive, degenerative nature of diabetes by restoring glucose homeostasis in patients with Type 2 diabetes.

Joy Spreader Group Signs Strategic Agreement with Poly Film Investment Corporation to Further Explore Coordinated Development in Technology and Creative Industries

Saturday, September 25, 2021 - 5:25pm

BEIJING, Sept. 25, 2021 /PRNewswire/ --China's leading marketing technology company, Joy Spreader Group Inc (06988.HK) ("Joy Spreader"), signed a comprehensive strategic cooperation agreement with Poly Film Investment Co., Ltd ("Poly Film") at the 11th Beijing International Film Festival.

Key Points: 
  • BEIJING, Sept. 25, 2021 /PRNewswire/ --China's leading marketing technology company, Joy Spreader Group Inc (06988.HK) ("Joy Spreader"), signed a comprehensive strategic cooperation agreement with Poly Film Investment Co., Ltd ("Poly Film") at the 11th Beijing International Film Festival.
  • The agreement details in-depth coordination in many areas across the creative industries, from content production, online publicity, marketing, and industry consulting.
  • Poly Film is a state-backed specialist company covering the comprehensive industrial chains of film, television, and entertainment under the umbrella of China Poly Group Corporation and Poly Culture Group Corporation Limited.
  • The agreement will contribute to the long-term and coordinated development of the creative and the new Internet media industry.

Joy Spreader Group Signs Strategic Agreement with Poly Film Investment Corporation to Further Explore Coordinated Development in Technology and Creative Industries

Saturday, September 25, 2021 - 5:05pm

BEIJING, Sept. 25, 2021 /PRNewswire/ --China's leading marketing technology company, Joy Spreader Group Inc (06988.HK) ("Joy Spreader"), signed a comprehensive strategic cooperation agreement with Poly Film Investment Co., Ltd ("Poly Film") at the 11th Beijing International Film Festival.

Key Points: 
  • BEIJING, Sept. 25, 2021 /PRNewswire/ --China's leading marketing technology company, Joy Spreader Group Inc (06988.HK) ("Joy Spreader"), signed a comprehensive strategic cooperation agreement with Poly Film Investment Co., Ltd ("Poly Film") at the 11th Beijing International Film Festival.
  • The agreement details in-depth coordination in many areas across the creative industries, from content production, online publicity, marketing, and industry consulting.
  • Poly Film is a state-backed specialist company covering the comprehensive industrial chains of film, television, and entertainment under the umbrella of China Poly Group Corporation and Poly Culture Group Corporation Limited.
  • The agreement will contribute to the long-term and coordinated development of the creative and the new Internet media industry.

51job, Inc. Reports Second Quarter 2021 Financial Results

Friday, September 24, 2021 - 11:00am

Operating expenses for the second quarter of 2021 increased 45.3% to RMB569.5 million (US$88.2 million) from RMB391.9 million for the same quarter in 2020.

Key Points: 
  • Operating expenses for the second quarter of 2021 increased 45.3% to RMB569.5 million (US$88.2 million) from RMB391.9 million for the same quarter in 2020.
  • Income from operations for the second quarter of 2021 was RMB109.3 million (US$16.9 million) compared with RMB165.5 million for the second quarter of 2020.
  • Other income in the second quarter of 2021 included local government financial subsidies of RMB85.2 million (US$13.2 million) compared with RMB144.9 million in the second quarter of 2020.
  • In the second quarter of 2021, total share-based compensation expense was RMB49.3 million (US$7.6 million) compared with RMB38.1 million in the second quarter of 2020.

China based CMS joins BaseLaunch as latest partner

Wednesday, September 22, 2021 - 9:00am

CMS has a long history of successful partnership with a range of companies from biotechnology companies to global pharma, and has collaborations with AstraZeneca and a venture arm based in Cambridge UK.

Key Points: 
  • CMS has a long history of successful partnership with a range of companies from biotechnology companies to global pharma, and has collaborations with AstraZeneca and a venture arm based in Cambridge UK.
  • Stephan Emmerth, Director Business Development & Operations at BaseLaunch, added: "We are very excited to be further expanding our partnership into Asia Pacific with CMS.
  • This is the first Chinese company to partner with BaseLaunch and CMS's first partnership with an accelerator.
  • Recently, BaseLaunch has added two more companies to its portfolio with several more deals expected to close in the coming months.

China based CMS joins BaseLaunch as latest partner

Wednesday, September 22, 2021 - 9:00am

BASEL, Switzerland, Sept. 22, 2021 /PRNewswire/ -- BaseLaunch, the Basel Area-based biotech venture accelerator and incubator, today announces that China Medical System Holdings Limited ("CMS"), an innovation-driven specialty pharma with a focus on sales and marketing in China, has become a partner to further strengthen BaseLaunch`s industry ties fueling its company building activities.

Key Points: 
  • CMS has a long history of successful partnership with a range of companies from biotechnology companies to global pharma, and has collaborations with AstraZeneca and a venture arm based in Cambridge UK.
  • Stephan Emmerth, Director Business Development & Operations at BaseLaunch, added: "We are very excited to be further expanding our partnership into Asia Pacific with CMS.
  • This is the first Chinese company to partner with BaseLaunch and CMS's first partnership with an accelerator.
  • Recently, BaseLaunch has added two more companies to its portfolio with several more deals expected to close in the coming months.

Baidu and China Gas Collaborate to Accelerate Smart Energy Transformation

Tuesday, September 21, 2021 - 1:57pm

Under the first stage of their partnership, worth RMB 936 million yuan, Baidu will expedite China Gas' move to the cloud and harness its AI capabilities to build customized applications including smart monitoring, smart scheduling, gas usage prediction, and smart customer services.

Key Points: 
  • Under the first stage of their partnership, worth RMB 936 million yuan, Baidu will expedite China Gas' move to the cloud and harness its AI capabilities to build customized applications including smart monitoring, smart scheduling, gas usage prediction, and smart customer services.
  • "With over 40 million users, China Gas has its sights set beyond gas to new AI technologies and services for public benefit," said Yong Huang, executive president of China Gas.
  • Incorporate initiatives from Baidu into China Gas to train professionals and management specialized in digital transformation, including "AICA AI Chief Architect Development Program".
  • China Gas Holdings Limited ("China Gas", stock code: 384.HK) is one of the largest trans-regional comprehensive energy suppliers in China engaged in investment and construction, operation and management, warehousing and logistics, trading and distribution businesses of various gas and new energy projects.

Baidu-Backed DeepWay Unveils Smart New Energy Heavy-Duty Truck to Automate Road Freight

Friday, September 17, 2021 - 2:09pm

This new generation of vehicle is by no means just a modified truck it's a robot truck."

Key Points: 
  • This new generation of vehicle is by no means just a modified truck it's a robot truck."
  • In addition, DeepWay has also developed a quick-swap solution for the battery, which enables freight drivers to swap out their battery in 6 minutes.
  • In the near term, DeepWay will focus on R&D and manufacturing of smart new energy heavy-duty trucks and promote the commercialization of L4 autonomous driving technology in the China truck freight industry in the coming years.
  • DeepWay is a joint venture company created by Baidu and Lionbridge in 2020 to focus on the development and manufacturing of smart new energy heavy-duty trucks, offering intelligent driving solutions for the truck freight market.

HICOOL 2021 Global Entrepreneur Summit was held in Beijing

Thursday, September 16, 2021 - 10:29am

BEIJING, Sept. 16, 2021 /PRNewswire/ -- On September 11, the theme day of HICOOL 2021 Global Entrepreneur Summit was held in China International Exhibition Center (New Venue).

Key Points: 
  • BEIJING, Sept. 16, 2021 /PRNewswire/ -- On September 11, the theme day of HICOOL 2021 Global Entrepreneur Summit was held in China International Exhibition Center (New Venue).
  • With the theme of "Connect Startups Worldwide, Innovate Beijing Together" as the theme, centering on the construction of Beijing International Science and Technology Innovation Center, various activities were held at this Summit, including the award ceremony of HICOOL 2021 Global Entrepreneurship Competition, HICOOL Global Entrepreneur Summit Forum, on-site exhibition, venture capital connection in diversified forms such as competition, discussion, exhibition, investment and show.
  • At the award ceremony of HICOOL 2021 Global Entrepreneurship Competition held in the morning, several of the world's tycoons in venture capitalists jointly presented awards to the award-winning projects of HICOOL 2021 Global Entrepreneurship Competition and the winners of Bole Award.
  • HICOOL 2021 Global Entrepreneur Summit has become a vivid stage for the demonstration of these trends of venture capital.