Guangdong

EHang Joins European Union’s AMU-LED Project to Demonstrate Urban Air Mobility

Thursday, January 21, 2021 - 3:20pm

GUANGZHOU, China, Jan. 21, 2021 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (EHang or the Company), the world's leading autonomous aerial vehicle (AAV) technology platform company with about 10,000 incident-free flights, today announced membership in the Air Mobility Urban - Large Experimental Demonstration ( AMU-LED ) project, one of the largest European demonstrations of Urban Air Mobility (UAM).

Key Points: 
  • GUANGZHOU, China, Jan. 21, 2021 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (EHang or the Company), the world's leading autonomous aerial vehicle (AAV) technology platform company with about 10,000 incident-free flights, today announced membership in the Air Mobility Urban - Large Experimental Demonstration ( AMU-LED ) project, one of the largest European demonstrations of Urban Air Mobility (UAM).
  • The AMU-LED project was initiated by the European Union, and the consortium executing the project includes 17 prominent companies and institutions globally, including EHang and industry giants such as Airbus and Boeing.
  • Through the AMU-LED program, EHang will increase its interaction with European regulatory bodies including EASA (European Aviation Safety Agency) and EUROCONTROL.
  • Participation in the AMU-LED project will enable EHang to demonstrate the benefits of its leading AAV products and technology platform solutions.

ATIF Holdings Limited Announces Entry of Sale and Purchase Agreement Regarding Issued Shares of Leaping Group Co., Ltd

Tuesday, January 19, 2021 - 10:30pm

The management of the Company believes that the Company no longer has synergy with Leaping with its cinema advertising and cinema operation business.

Key Points: 
  • The management of the Company believes that the Company no longer has synergy with Leaping with its cinema advertising and cinema operation business.
  • The Company and the management of Leaping also have different view of Leapings future business direction.
  • On January 14, 2021, the Company entered into the Sale and Purchase Agreement Regarding Issued Shares of Leaping Group Co., Ltd. (the "Agreement) with the substantial shareholders of Leaping, Jiang Bo, Jiang Tao and Wang Di (collectively the Buyer).
  • After completion of the transaction, the Company shall no longer hold any shares of Leaping and Leaping shall no longer be subsidiary of ATIF.

Meten EdtechX Establishes TikTok Multi-Channel Network to Address Digital Education Market

Tuesday, January 19, 2021 - 1:30pm

SHENZHEN, China, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (MetenEdtechX or the Company), a leading omnichannel English language training (ELT) service provider in China, today announced that it has established the TikTok multi-channel network (MCN) to address the digital education market.

Key Points: 
  • SHENZHEN, China, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Meten EdtechX Education Group Ltd. (Nasdaq: METX) (MetenEdtechX or the Company), a leading omnichannel English language training (ELT) service provider in China, today announced that it has established the TikTok multi-channel network (MCN) to address the digital education market.
  • TikToks large and growing monthly active user base (MAU) is likely to provide Likeshuo with additional opportunities for brand exposure.
  • Meten EdtechX is a leading ELT service provider in China, delivering English language and future skills training for Chinese students and professionals.
  • Through a sophisticated digital platform and nationwide network of learning centers, the Company provides its services under three industry-leading brands: Meten (adult and junior ELT services), ABC (primarily junior ELT services) and Likeshuo (online ELT).

LIZHI INC. Launches LIZHI PODCAST Mini-Program on WeChat and Continues Expanding Exclusive Podcast Content Offering

Wednesday, January 13, 2021 - 12:00pm

Mr. Jinnan (Marco) Lai, Founder and Chief Executive Officer of LIZHI, commented, Were pleased to see the WeChat mini-program of LIZHI PODCAST has been launched, which is designed to enable users to share podcast content at their fingertips in the WeChat community and appeal to a broad user base.

Key Points: 
  • Mr. Jinnan (Marco) Lai, Founder and Chief Executive Officer of LIZHI, commented, Were pleased to see the WeChat mini-program of LIZHI PODCAST has been launched, which is designed to enable users to share podcast content at their fingertips in the WeChat community and appeal to a broad user base.
  • All the terminals on which LIZHI PODCAST operates will be fully compatible with users LIZHI accounts which may help us continue enriching user experiences by leveraging our AI capabilities.
  • LIZHI INC. is a leading online UGC audio community and interactive audio entertainment platform in China, with a mission to enable everyone to showcase vocal talent.
  • Since the launch of itsLIZHI App in 2013, LIZHI has cultivated a vibrant and growing community encouraging audio content creation and sharing.

EHang to Provide UAM Services in Hengqin New Area in Zhuhai, China

Tuesday, January 12, 2021 - 3:23pm

During a signing ceremony held on January 8, a fleet of EH216 AAVs made passenger-carrying flights in Tianqin Park on Hengqin New Area.

Key Points: 
  • During a signing ceremony held on January 8, a fleet of EH216 AAVs made passenger-carrying flights in Tianqin Park on Hengqin New Area.
  • Through this event, EHang fully demonstrated its leading-edge technology for the centralized management of simultaneous flights of multiple AAVs in distributed operations under the command-and-control systems.
  • Li Weihui, Deputy Secretary of the Hengqin New Area, said, We warmly welcome the arrival of EHang passenger-grade AAVs to Hengqin.
  • We believe this new style of intelligent air mobility will have more and better uses and will flourish in our beautiful Hengqin New Area.

Edvantage Group (0382.HK) announced successful college conversion, Renamed as Guangzhou Huashang College

Monday, January 11, 2021 - 6:50am

HONG KONG, Jan 11, 2021 - (ACN Newswire) - Edvantage Group Holdings Limited ("Edvantage Group" or the "Group", stock code: 0382.HK), the largest private higher education group in the Guangdong-Hong Kong-Macao Greater Bay Area ("GBA"), is pleased to announce that the conversion of Huashang College Guangdong University of Finance and Economics ("Huashang College") into a private higher education institution has been approved and the college was renamed as Guangzhou Huashang College.

Key Points: 
  • HONG KONG, Jan 11, 2021 - (ACN Newswire) - Edvantage Group Holdings Limited ("Edvantage Group" or the "Group", stock code: 0382.HK), the largest private higher education group in the Guangdong-Hong Kong-Macao Greater Bay Area ("GBA"), is pleased to announce that the conversion of Huashang College Guangdong University of Finance and Economics ("Huashang College") into a private higher education institution has been approved and the college was renamed as Guangzhou Huashang College.
  • Huashang College, in its new name of Guangzhou Huashang College, will inherit and promote the distinguished brand of "Huashang" in another dimension, maintaining a steady and healthy development of its reputation.
  • Guangzhou Huashang College will merely be responsible for management fees in regard to bachelor's students at Huashang College Guangdong University of Finance and Economics.
  • In China, the Group currently operates two Chinese private higher education institutions in Guangdong Province, namely, the undergraduate college, Guangdong University of Finance and Economics Huashang College (now renamed as "Guangzhou Huashang College") and a junior college, the Guangzhou Huashang Vocational College with the strategic focus of major business, major health and IT as the main curriculum.

Meten EdtechX Announces Completion of its Offer to Exercise Warrants at a Reduced Price

Friday, January 8, 2021 - 9:01pm

Meten EdtechX raised $6,192,286.80 in gross proceeds from the cash exercise of 4,423,062 Warrants as part of the tender offer.

Key Points: 
  • Meten EdtechX raised $6,192,286.80 in gross proceeds from the cash exercise of 4,423,062 Warrants as part of the tender offer.
  • In addition, 2,629,812 Warrants to purchase Ordinary Shares were validly tendered for cashless exercise, resulting in the issuance of 1,364,512 Ordinary Shares.
  • Meten EdtechX offered its existing loyal Warrant holders the opportunity to exercise their Warrants at $1.40 from the initial Warrant exercise price at $11.50.
  • We further believe that our remaining warrant holders will be benefited by the continued reduced exercise price for the Warrants until the Companys share price is increased.

Meten EdtechX Announces Change of Auditor

Wednesday, January 6, 2021 - 9:30pm

Meten EdtechX is a leading ELT service provider in China, delivering English language and future skills training for Chinese students and professionals.

Key Points: 
  • Meten EdtechX is a leading ELT service provider in China, delivering English language and future skills training for Chinese students and professionals.
  • Through a sophisticated digital platform and nationwide network of learning centers, the Company provides its services under three industry-leading brands: Meten (adult and junior ELT services), ABC (primarily junior ELT services) and Likeshuo (online ELT).
  • The Company is committed to improving the overall English language competence and competitiveness of the Chinese population to keep abreast of the rapid development of globalization.
  • For more information about Meten EdtechX, please visit: https://investor.metenedu-edtechx.com/.

ATIF Holdings Limited Regains Compliance with NASDAQ Periodic Filing Requirement

Wednesday, January 6, 2021 - 10:30pm

LOS ANGELES, Jan. 06, 2021 (GLOBE NEWSWIRE) -- ATIF Holdings Limited (Nasdaq: ATIF, the Company), a company providing business consulting and media services in Asia and North America, today announced that it received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market (Nasdaq) that the Company has regained compliance with the Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of periodic reports with the U.S. Securities and Exchange Commission (SEC).

Key Points: 
  • LOS ANGELES, Jan. 06, 2021 (GLOBE NEWSWIRE) -- ATIF Holdings Limited (Nasdaq: ATIF, the Company), a company providing business consulting and media services in Asia and North America, today announced that it received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market (Nasdaq) that the Company has regained compliance with the Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of periodic reports with the U.S. Securities and Exchange Commission (SEC).
  • Accordingly, the Company received a close-out letter from Nasdaq on January 5, 2021, which alerted the Company that it had regained compliance under Nasdaq Listing 5250(c)(1).
  • Headquartered in Los Angeles, California, ATIF Holdings Limited ("ATIF") is a holding group with asset management, investment holding and media sectors and provide business consulting services to small and medium-sized enterprises in Asia and North America, including going public consulting services, international business planning and consulting services, and financial media services.
  • ATIF has advised several enterprises in China in their plans to become publicly listed in the U.S. For more information, please visit https://ir.atifchina.com/ .

LIZHI INC. Launches “LIZHI PODCAST” App with High-Quality Curated Podcast Content

Wednesday, January 6, 2021 - 11:00am

GUANGZHOU, China, Jan. 06, 2021 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or "the Company") (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, today announced it has launched a new podcast application, LIZHI PODCAST (the App), to engage users with high-quality curated podcast content.

Key Points: 
  • GUANGZHOU, China, Jan. 06, 2021 (GLOBE NEWSWIRE) -- LIZHI INC. ("LIZHI" or "the Company") (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, today announced it has launched a new podcast application, LIZHI PODCAST (the App), to engage users with high-quality curated podcast content.
  • The App features premium curated content drawn from LIZHIs extensive library built over the years as well as new podcasts from selected content creators.
  • We believe the launch of LIZHI PODCAST will further optimize in-car audio experiences and provide more personalized content services to our users.
  • Since the launch of its Lizhi app in 2013, LIZHI has cultivated a vibrant and growing community encouraging audio content creation and sharing.