CAAS

CAAS, EDB AND SUPERNAL INK STRATEGIC PARTNERSHIPS TO DEVELOP ADVANCED AIR MOBILITY IN ASIA-PACIFIC REGION

Retrieved on: 
Tuesday, February 20, 2024

EDB and Supernal will also share knowledge and resources to support the development of AAM operational strategies.

Key Points: 
  • EDB and Supernal will also share knowledge and resources to support the development of AAM operational strategies.
  • This includes conducting market analyses and viability studies to assess the feasibility of AAM in Singapore and focuses on identifying unique applications in Singapore and the Asia-Pacific region.
  • 5          "Working with EDB and CAAS exemplifies how collaboration between government and industry can help make AAM a reality," said Shin.
  • In November last year, CAAS convened the first-ever meeting of Asia-Pacific regulators and engagement with industry for this purpose.

Global Drone Logistics and Transportation Industry Analysis Report 2023-2030: Close-Range Drones Dominate the Market, Ideal for Urban Deliveries, Freight Drones Show Highest Growth Potential

Retrieved on: 
Friday, January 19, 2024

Growing involvement of commercial aviation enterprises and government investments in infrastructure are stimulating competition and innovation of drone logistics and transport market.

Key Points: 
  • Growing involvement of commercial aviation enterprises and government investments in infrastructure are stimulating competition and innovation of drone logistics and transport market.
  • The Asia Pacific region is estimated to account for the largest share of 37.7% of the drone logistics and transportation market in 2023.
  • Based on platform, the DLT market is segmented into freight drones, passenger drones, and air ambulance drones.
  • Based on application, the drone logistics and transportation market has been segmented into logistics and transportation.

Liberty Cannabis Somerville Now Open for Adult-Use

Retrieved on: 
Monday, December 18, 2023

SOMERVILLE, Mass., Dec. 18, 2023 /PRNewswire/ -- Liberty Cannabis, the retail arm of Holistic Industries, today announced its Somerville store is now officially open for adult-use. Liberty Cannabis Somerville is located at 304 Somerville Ave and store hours are Monday-Saturday 10 AM-8 PM and Sunday 11 AM-5 PM.

Key Points: 
  • SOMERVILLE, Mass., Dec. 18, 2023 /PRNewswire/ -- Liberty Cannabis , the retail arm of Holistic Industries , today announced its Somerville store is now officially open for adult-use.
  • Liberty Cannabis Somerville is located at 304 Somerville Ave and store hours are Monday-Saturday 10 AM-8 PM and Sunday 11 AM-5 PM.
  • Liberty Somerville is the go-to destination for cannabis enthusiasts, the canna-curious and even for first-time patients and customers in the Somerville area.
  • At Liberty Cannabis, it is believed that cannabis can cultivate better health, prosperity, and communities.

China Automotive Systems Reports a 29.2% Increase in Diluted Earnings Per Share Growth in the Third Quarter of 2023

Retrieved on: 
Friday, November 10, 2023

Sales of both   traditional hydraulic and EPS steering products were stable in the third quarter of 2023.

Key Points: 
  • Sales of both   traditional hydraulic and EPS steering products were stable in the third quarter of 2023.
  • In the third quarter of 2023, net sales increased slightly to $137.5 million, compared to $137.2 million in the same quarter of 2022.
  • Selling expenses represented 2.8% of net sales in the third quarter of 2023, compared to 2.9% in the third quarter of 2022.
  • Diluted income per share increased by 29.2% to $0.31 in the third quarter of 2023, compared to diluted income per share of $0.24 in the third quarter of 2022.

China Automotive Systems to Announce Unaudited 2023 Third Quarter Financial Results on November 10, 2023

Retrieved on: 
Friday, November 3, 2023

WUHAN, China, Nov. 3, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the third quarter ended September 30, 2023 on Friday, November 10, 2023, before the market opens.

Key Points: 
  • WUHAN, China, Nov. 3, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the third quarter ended September 30, 2023 on Friday, November 10, 2023, before the market opens.
  • Management will conduct a conference call on November 10th at 8:00 A.M. EST/9:00 P.M. Beijing Time to discuss these results.
  • A question and answer session will follow management's presentation.
  • To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference call with pin 235512:
    A replay of the call will be available on the Company's website in the investor relations section.

Trintech and Whitley Penn Announce Strategic Partnership to Transform and Automate Finance and Accounting Processes

Retrieved on: 
Wednesday, October 11, 2023

DALLAS, Oct. 11, 2023 /PRNewswire/ -- Trintech, a leading global provider of cloud-based financial close solutions for the Office of the CFO, today announced a strategic partnership with Whitley Penn, a full-service public accounting and consulting firm. The partnership enables Whitley Penn to offer and implement Trintech's market-leading cloud-based finance and accounting solutions to businesses in the US. Companies looking to transform and automate their reconciliation and financial close processes by streamlining work, improving accuracy, and reducing risk, will benefit from the combination of services and solutions Whitley Penn and Trintech can provide.

Key Points: 
  • Whitley Penn to resell and implement Trintech's market-leading cloud-based finance and accounting solutions.
  • DALLAS, Oct. 11, 2023 /PRNewswire/ -- Trintech , a leading global provider of cloud-based financial close solutions for the Office of the CFO, today announced a strategic partnership with Whitley Penn , a full-service public accounting and consulting firm.
  • The partnership enables Whitley Penn to offer and implement Trintech's market-leading cloud-based finance and accounting solutions to businesses in the US.
  • Companies looking to transform and automate their reconciliation and financial close processes by streamlining work, improving accuracy, and reducing risk, will benefit from the combination of services and solutions Whitley Penn and Trintech can provide.

China Automotive Systems Announces Annual Meeting on August 30, 2023

Retrieved on: 
Tuesday, August 22, 2023

WUHAN, China , Aug. 22, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced the Annual Meeting of Stockholders of China Automotive Systems, Inc. will be held on Wednesday, August 30, 2023 at 9:00 AM local time at the Second Floor Meeting Room, D8 Henglong Building, Optics Valley Software Park, No. 1 Guanshan First Avenue, Wuhan City, Hubei Province, the People's Republic of China. The Company has also set up a conference room on August 29, 2023 at 9:00 PM at Henglong USA Corporation, 2546 Elliott Drive, Troy, Michigan, U.S., for the Company's shareholders to participate via a WebEx connection.

Key Points: 
  • CAAS announces the conference call and webcast information for the Annual Meeting of Stockholders to be held on Wednesday, August 30, 2023 at 9:00 AM local time, or 9:00 PM EDT on August 29, 2023
    WUHAN, China , Aug. 22, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced the Annual Meeting of Stockholders of China Automotive Systems, Inc. will be held on Wednesday, August 30, 2023 at 9:00 AM local time at the Second Floor Meeting Room, D8 Henglong Building, Optics Valley Software Park, No.
  • 1 Guanshan First Avenue, Wuhan City, Hubei Province, the People's Republic of China.
  • The Company has also set up a conference room on August 29, 2023 at 9:00 PM at Henglong USA Corporation, 2546 Elliott Drive, Troy, Michigan, U.S., for the Company's shareholders to participate via a WebEx connection.
  • Shareholders may access the annual meeting by dialing U.S./Canada 1-408-792-6300, pin number 2631 595 2301 and ask for the China Automotive Systems AGM conference call.

China Automotive Systems Reports 90.0% Increase in Net Income Per Share to $0.57 in the First Six Months of 2023

Retrieved on: 
Friday, August 11, 2023

Income from operations was $7.8 million, compared to income from operations of $7.2 million in the second quarter of 2022.

Key Points: 
  • Income from operations was $7.8 million, compared to income from operations of $7.2 million in the second quarter of 2022.
  • Cash and cash equivalents, and pledged cash were $125.5 million, or approximately $4.16 per share, as of June 30, 2023.
  • Other income, net was $2.0 million for the second quarter of 2023, compared to $2.8 million for the three months ended June 30, 2022.
  • Net financial income was $4.0 million in the second quarter of 2023, compared to net financial income of $2.5 million in the second quarter of 2022.

China Automotive Systems to Announce Unaudited 2023 Second Quarter Financial Results on August 11, 2023

Retrieved on: 
Thursday, August 3, 2023

WUHAN, China, Aug. 3, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2023 on Friday, August 11, 2023, before the market opens.

Key Points: 
  • WUHAN, China, Aug. 3, 2023 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2023 on Friday, August 11, 2023, before the market opens.
  • Management will conduct a conference call on August 11th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results.
  • A question and answer session will follow management's presentation.
  • To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the "China Automotive Systems" conference call with pin 235847:
    A replay of the call will be available on the Company's website in the investor relations section.

Woodard® Announces Todd Robinson as Director, Practice Engagement

Retrieved on: 
Thursday, July 27, 2023

ATLANTA,  July 27, 2023 /PRNewswire-PRWeb/ -- Woodard®, a leading provider of consulting and educational services for the accounting profession, is pleased to announce the appointment of Todd Robinson as Director of Practice Engagement. In this role, Todd will lead Woodard's efforts in positioning their consulting services for CAAS (Client Accounting and Advisory Services) practices, with an emphasis on supporting the top 300 largest firms in the U.S.

Key Points: 
  • Woodard®, a leading provider of consulting and educational services for the accounting profession, is pleased to announce the appointment of Todd Robinson as Director of Practice Engagement.
  • Throughout his career, Todd has worked for various technology innovators in this space and helped hundreds of CPA firms to implement technologies, modernize practice operations, and better support their clients.
  • Todd Robinson will be vital to helping Woodard® revolutionize the way Top 300 CPA firms in the U.S. approach client accounting and advisory services.
  • When asked about his new role, Todd stated, "I am honored to join Woodard® and looking forward to leading the Practice Engagement efforts of the CAAS Consulting Services team.