Chaoyang District, Beijing

360 Finance Among First Wave of Companies to Register its Financial Services App with China's NIFA

Wednesday, June 3, 2020 - 8:39am

As a financial services app with an extensive user base, 360 Jietiao capitalizes on the expertise gained through Qihoo 360's decades of technology development in the internet security sector.

Key Points: 
  • As a financial services app with an extensive user base, 360 Jietiao capitalizes on the expertise gained through Qihoo 360's decades of technology development in the internet security sector.
  • 360 Finance has established a strict code of conduct within its privacy policy to protect systems against data theft.
  • NIFA has required traditional financial institutions and fintech companies to submit self-inspection reports on their financial services apps and approved a list of apps which are in full compliance with the law.
  • 360 Finance, Inc.(NASDAQ: QFIN) ("360 Finance" or the "Company") is a leading digital consumer finance platform and the finance partner of the 360 Group.

Binhai Investment introduces Sinopec Great Wall Gas as a strategic investor, which holds 29.99% equity and will become the second largest shareholder

Wednesday, April 29, 2020 - 8:30am

HONG KONG, Apr 29, 2020 - (ACN Newswire) - Binhai Investment Company Limited ("Binhai Investment" or the "Company", stock code: 2886.HK) is pleased to announce that Company (as issuer) entered into the Subscription Agreement with Sinopec Great Wall Gas Investment Co., Ltd ("Great Wall Gas", as subscriber).

Key Points: 
  • HONG KONG, Apr 29, 2020 - (ACN Newswire) - Binhai Investment Company Limited ("Binhai Investment" or the "Company", stock code: 2886.HK) is pleased to announce that Company (as issuer) entered into the Subscription Agreement with Sinopec Great Wall Gas Investment Co., Ltd ("Great Wall Gas", as subscriber).
  • Immediately after completion of the Subscription and the Disposal, TEDA HK, a controlling shareholder of the Company, holds 35.43% equity and Great Wall Gas holds 29.99% equity as second largest shareholder.
  • Great Wall Gas is the only platform and wholly-owned subsidiary of Sinopec Corporation, which is engaged in natural gas terminal utilization investment.
  • Therefore, it is expected that by introducing Great Wall Gas as a strategic investor of the Company, both sides will achieve supply chain synergy.

Sinopec Ranks First in Brand Value in China's Energy and Chemical Industry

Monday, May 11, 2020 - 12:08pm

Sinopec is valued at RMB 299.1 billion, making it the second-most valuable brand in China

Key Points: 
  • Sinopec is valued at RMB 299.1 billion, making it the second-most valuable brand in China
    BEIJING, May 11, 2020 /PRNewswire/ --China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec"), China's leading energy and chemical company, was named the number one brand in China's energy and chemical industry in terms of brand value at China Brand Day 2020, held on May 10.
  • Easy Joy's brand value reached RMB 16.1 billion, up by RMB 4.6 billion, while Great Wall Lubricant's brand value reached RMB 7.7 billion, up by RMB 600 million.
  • In the end, the brand value of 564 brands were announced on China Brand Day, totaling RMB 7.3563 trillion in value.
  • For the last 37 years, Sinopec has been committed to forging cleaner energy and chemical products through respondible, practical action.

Sinopec Ranks First in Brand Value in China's Energy and Chemical Industry

Monday, May 11, 2020 - 10:59am

BEIJING, May 11, 2020 /PRNewswire/ --China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec"), China's leading energy and chemical company, was named the number one brand in China's energy and chemical industry in terms of brand value at China Brand Day 2020, held on May 10.

Key Points: 
  • BEIJING, May 11, 2020 /PRNewswire/ --China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec"), China's leading energy and chemical company, was named the number one brand in China's energy and chemical industry in terms of brand value at China Brand Day 2020, held on May 10.
  • Easy Joy's brand value reached RMB 16.1 billion, up by RMB 4.6 billion, while Great Wall Lubricant's brand value reached RMB 7.7 billion, up by RMB 600 million.
  • In the end, the brand value of 564 brands were announced on China Brand Day, totaling RMB 7.3563 trillion in value.
  • For the last 37 years, Sinopec has been committed to forging cleaner energy and chemical products through respondible, practical action.

Sinopec Puts China's Largest Petrochemical Port into Operation

Saturday, May 9, 2020 - 6:29am

ZHANJIANG, China, May 9, 2020 /PRNewswire/ --Sinopec Corp (HKG: 0386), China's leading energy and chemical company, has put China's largest petrochemical port into operation with the successful docking and unloading of the New Renown, Crude Oil Tanker (VLCC) from the Middle East.

Key Points: 
  • ZHANJIANG, China, May 9, 2020 /PRNewswire/ --Sinopec Corp (HKG: 0386), China's leading energy and chemical company, has put China's largest petrochemical port into operation with the successful docking and unloading of the New Renown, Crude Oil Tanker (VLCC) from the Middle East.
  • The tanker was welcomed at the new 300,000-ton crude oil terminal of Sinopec Zhongke Refinery Port, which forms part of the company's industry-leading "front terminal, rear plant" production model.
  • Housed 1,100 meters from Sinopec's refinery plant, the petrochemical port features eight terminals including a 300,000-ton crude oil berth, 100,000-ton oil berth and supporting facilities providing a total capacity of 34 million tons per year.
  • Sinopec Corp. is one of the largest integrated energy and chemical companies inChina.

Sinopec Puts China's Largest Petrochemical Port into Operation

Saturday, May 9, 2020 - 5:30am

ZHANJIANG, China, May 9, 2020 /PRNewswire/ --Sinopec Corp (HKG: 0386), China's leading energy and chemical company, has put China's largest petrochemical port into operation with the successful docking and unloading of the New Renown, Crude Oil Tanker (VLCC) from the Middle East.

Key Points: 
  • ZHANJIANG, China, May 9, 2020 /PRNewswire/ --Sinopec Corp (HKG: 0386), China's leading energy and chemical company, has put China's largest petrochemical port into operation with the successful docking and unloading of the New Renown, Crude Oil Tanker (VLCC) from the Middle East.
  • The tanker was welcomed at the new 300,000-ton crude oil terminal of Sinopec Zhongke Refinery Port, which forms part of the company's industry-leading "front terminal, rear plant" production model.
  • Housed 1,100 meters from Sinopec's refinery plant, the petrochemical port features eight terminals including a 300,000-ton crude oil berth, 100,000-ton oil berth and supporting facilities providing a total capacity of 34 million tons per year.
  • To date, the 100,000-ton berth is the largest domestic refined oil terminal with a loading and unloading capacity of 5.61 million tons per year.

British Vlogger Stuart Releases Viral Video of Sinopec Yanshan Factory that Draws Million Views in Hours

Wednesday, April 22, 2020 - 11:25am

The video went viral with 1.5 million views in hours.

Key Points: 
  • The video went viral with 1.5 million views in hours.
  • Stuart followed the instructions of Xingqi Wang, the Manufacturing Director of Plasthetics in Sinopec Yanshan Factory, to help rolling the fabric to a cardboard and pack into mask-made preparation set.
  • To date, four meltblown non-woven fabric production lines of Sinopec Yanshan Factory have achieved mass production.
  • With a daily production capacity of 12 tons, Sinopec Yanshan Factory can provide key raw materials for 12 million medical masks on a daily basis.

British Vlogger Stuart Releases Viral Video of Sinopec Yanshan Factory that Draws Million Views in Hours

Wednesday, April 22, 2020 - 10:50am

The video went viral with 1.5 million views in hours.

Key Points: 
  • The video went viral with 1.5 million views in hours.
  • Stuart followed the instructions of Xingqi Wang, the Manufacturing Director of Plasthetics in Sinopec Yanshan Factory, to help rolling the fabric to a cardboard and pack into mask-made preparation set.
  • To date, four meltblown non-woven fabric production lines of Sinopec Yanshan Factory have achieved mass production.
  • With a daily production capacity of 12 tons, Sinopec Yanshan Factory can provide key raw materials for 12 million medical masks on a daily basis.

EdtechX Holdings (NASDAQ:EDTX) and Meten International Announce Successful Merger Closing and Capital Raise

Monday, March 30, 2020 - 8:25pm

The combined entity will operate as Meten EdtechX Education Group Ltd. (Meten EdtechX) and will continue to focus on providing English language and future skills training for Chinese students and professionals.

Key Points: 
  • The combined entity will operate as Meten EdtechX Education Group Ltd. (Meten EdtechX) and will continue to focus on providing English language and future skills training for Chinese students and professionals.
  • These investments add to the previous investments into Meten by China International Capital Corporation (CICC, 3908.HK) and private equity funds affiliated with Tsinghua University.
  • Graubard Miller LLP acted as legal counsel to EdtechX and Morgan, Lewis & Bockius and Conyers acted as legal counsels to Meten.
  • Citigate Dewe Rogerson and Inbound Capital acted as Investor Relation advisors for the merged entity Meten EdtechX.

China Visionary Group Appoints Cervantes Lee as Head of International Capital Markets

Thursday, March 19, 2020 - 7:00pm

BEIJING, March 19, 2020 /PRNewswire/ --China Visionary Group (CVG) today appoints Cervantes Lee as Head of International Capital Markets, based in Los Angeles.

Key Points: 
  • BEIJING, March 19, 2020 /PRNewswire/ --China Visionary Group (CVG) today appoints Cervantes Lee as Head of International Capital Markets, based in Los Angeles.
  • Mr. Lee will spearhead the international business development and investor partnerships outside China.
  • China Visionary Group, founded in Beijing in 2018, is committed to becoming a world-class asset management group.
  • For further information about China Visionary Group, please visit www.chinavisionary.com
    Address: 13F, Tower 2 of Poly International Plaza, Wangjing East Park, Chaoyang District, Beijing, China