Chaoyang District, Beijing

Ucommune Signs Cooperation Agreement for Asset-light Project at Beijing Asia Financial Center

Retrieved on: 
Friday, July 30, 2021

BEIJING, July 30, 2021 /PRNewswire/ -- Ucommune International Ltd. (NASDAQ: UK) ("Ucommune" or the "Company"), a leading agile office space manager and provider in China, today announced that it has signed a cooperation agreement with Beijing Investment Group Co., LTD ("Beijing Investment Group"), a wholly state-owned land developer affiliated to Beijing government, to develop an asset-light project (the "Project") at the Beijing Asia Financial Center, an upscale and well-known office building in the Chaoyang District of Beijing.

Key Points: 
  • BEIJING, July 30, 2021 /PRNewswire/ -- Ucommune International Ltd. (NASDAQ: UK) ("Ucommune" or the "Company"), a leading agile office space manager and provider in China, today announced that it has signed a cooperation agreement with Beijing Investment Group Co., LTD ("Beijing Investment Group"), a wholly state-owned land developer affiliated to Beijing government, to develop an asset-light project (the "Project") at the Beijing Asia Financial Center, an upscale and well-known office building in the Chaoyang District of Beijing.
  • The Project has an area of 6,141.98 square meters and 576 workstations and is one of Ucommune's flagship projects in Beijing.
  • Beijing Investment Group currently operates the Asia Financial Center and previously invested in the design and construction of the center.
  • General Manager of Asia Financial Center commented, "We plan to fully utilize Ucommune's professional marketing team, brand awareness, and operational capabilities through this cooperation.

Sinopec Closes First Bulk Agreement Transaction of China's National Carbon Market

Retrieved on: 
Thursday, July 22, 2021

BEIJING, July 22, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully closed the first bulk agreement transaction of China's national carbon market on July 21, purchasing 100,000 tons of carbon emission quota from China Resources Group.

Key Points: 
  • BEIJING, July 22, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully closed the first bulk agreement transaction of China's national carbon market on July 21, purchasing 100,000 tons of carbon emission quota from China Resources Group.
  • Per the official transaction data disclosed by the Shanghai Environment and Energy Exchange (SEEE), it was the first bulk agreement transaction since the official launch of China's national carbon market and the only bulk agreement transaction on the day.
  • A total of 17 Sinopec's subsidiaries have their self-supply power plants included in the national carbon market, among which four companies, namely Sinopec Shengli Oilfield, Sinopec Maoming Petrochemical, Sinopec Shanghai Petrochemical and ZTHC Energy, participated in the first day of carbon trading.
  • Sinopec's pilot companies have all fulfilled their carbon quota compliance tasks in full, and accumulated extensive experience for entering the national carbon market.

Sinopec Closes First Bulk Agreement Transaction of China's National Carbon Market

Retrieved on: 
Thursday, July 22, 2021

BEIJING, July 22, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully closed the first bulk agreement transaction of China's national carbon market on July 21, purchasing 100,000 tons of carbon emission quota from China Resources Group.

Key Points: 
  • BEIJING, July 22, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has successfully closed the first bulk agreement transaction of China's national carbon market on July 21, purchasing 100,000 tons of carbon emission quota from China Resources Group.
  • Per the official transaction data disclosed by the Shanghai Environment and Energy Exchange (SEEE), it was the first bulk agreement transaction since the official launch of China's national carbon market and the only bulk agreement transaction on the day.
  • A total of 17 Sinopec's subsidiaries have their self-supply power plants included in the national carbon market, among which four companies, namely Sinopec Shengli Oilfield, Sinopec Maoming Petrochemical, Sinopec Shanghai Petrochemical and ZTHC Energy, participated in the first day of carbon trading.
  • Sinopec's pilot companies have all fulfilled their carbon quota compliance tasks in full, and accumulated extensive experience for entering the national carbon market.

Sinopec Launches China's First Megaton Scale Carbon Capture Project

Retrieved on: 
Tuesday, July 6, 2021

BEIJING, July 6, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has initiated China's first megaton carbon capture, utilization and storage (CCUS) project, the Sinopec Qilu-Shengli Oilfield CCUS (the "Project").

Key Points: 
  • BEIJING, July 6, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has initiated China's first megaton carbon capture, utilization and storage (CCUS) project, the Sinopec Qilu-Shengli Oilfield CCUS (the "Project").
  • It is also of great significance to enhance China's carbon emissions reduction capabilities and build an "artificial carbon cycle" model as the country advances to reach peak carbon emissions by 2030 and carbon neutrality by 2060.
  • The megaton-scale Project launched by Sinopec consists of two parts Sinopec Qilu's carbon dioxide capture and Shengli Oilfield's carbon dioxide displacement and storage.
  • Sinopec Qilu captures the carbon dioxide and transports it to the Shengli Oilfield for further displacement and storage, achieving an integrated application of carbon capture, displacement and storage to seal the carbon dioxide underground.

Sinopec Launches China's First Megaton Scale Carbon Capture Project

Retrieved on: 
Tuesday, July 6, 2021

BEIJING, July 6, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has initiated China's first megaton carbon capture, utilization and storage (CCUS) project, the Sinopec Qilu-Shengli Oilfield CCUS (the "Project").

Key Points: 
  • BEIJING, July 6, 2021 /PRNewswire/ -- China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") has initiated China's first megaton carbon capture, utilization and storage (CCUS) project, the Sinopec Qilu-Shengli Oilfield CCUS (the "Project").
  • It is also of great significance to enhance China's carbon emissions reduction capabilities and build an "artificial carbon cycle" model as the country advances to reach peak carbon emissions by 2030 and carbon neutrality by 2060.
  • The megaton-scale Project launched by Sinopec consists of two parts Sinopec Qilu's carbon dioxide capture and Shengli Oilfield's carbon dioxide displacement and storage.
  • Sinopec Qilu captures the carbon dioxide and transports it to the Shengli Oilfield for further displacement and storage, achieving an integrated application of carbon capture, displacement and storage to seal the carbon dioxide underground.

SHAREHOLDER ALERT: Rigrodsky Law, P.A. Announces Investigation of CITIC Capital Acquisition Corp. Merger

Retrieved on: 
Tuesday, June 29, 2021

WILMINGTON, Del., June 29, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A.

Key Points: 
  • WILMINGTON, Del., June 29, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A.
  • announces that it is investigating CITIC Capital Acquisition Corp. (CITIC) (NYSE: CCAC ) regarding possible breaches of fiduciary duties and other violations of law related to CITICs agreement to merge with Quanergy Systems, Inc.
    To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-citic-capital-acquisition-corp .
  • You may also contact Seth D. Rigrodsky or Gina M. Serra cost and obligation free at (888) 969-4242 or [email protected] .
  • Rigrodsky Law, P.A.

Momo to Hold an Extraordinary General Meeting on August 2, 2021

Retrieved on: 
Monday, June 28, 2021

BEIJING, June 28, 2021 /PRNewswire/ -- Momo Inc. (NASDAQ: MOMO) ("Momo" or the "Company"), a leading mobile social and entertainment platform in China, today announced it will hold an Extraordinary General Meeting of Shareholders (the "EGM") at 20th Floor, Block B, Tower 2, Wangjing SOHO, No.

Key Points: 
  • BEIJING, June 28, 2021 /PRNewswire/ -- Momo Inc. (NASDAQ: MOMO) ("Momo" or the "Company"), a leading mobile social and entertainment platform in China, today announced it will hold an Extraordinary General Meeting of Shareholders (the "EGM") at 20th Floor, Block B, Tower 2, Wangjing SOHO, No.
  • 1 Futongdong Street, Chaoyang District, Beijing 100102, People's Republic of China at 2:00 pm (Beijing Time) on August 2, 2021.
  • The notice of EGM and form of proxy for the EGM are available on the Company's website at http://ir.immomo.com .
  • Momo is a mobile application that connects people and facilitates social interactions based on location, interests and a variety of online recreational activities.

McDermott receives Conditional Letter of Award for EPCC Contract of Tilenga Project

Retrieved on: 
Wednesday, June 9, 2021

HOUSTON, June 9, 2021 /PRNewswire/ -- A consortium of a subsidiary of McDermott International, Ltd and Sinopec International Petroleum Service Corporation today announced it has received a conditional Letter of Award for the future contract valued at approximately $2 billion from Total for the Tilenga project.

Key Points: 
  • HOUSTON, June 9, 2021 /PRNewswire/ -- A consortium of a subsidiary of McDermott International, Ltd and Sinopec International Petroleum Service Corporation today announced it has received a conditional Letter of Award for the future contract valued at approximately $2 billion from Total for the Tilenga project.
  • Formal contract award remains subject to Tilenga Partners approval.
  • Tilenga includes six oil fields and will feature 426 oil wells at full production.
  • Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

Zhang Yuzhuo, Chairman of Sinopec: Accelerating the World-class Brand Build up to Better Lead the High-quality Development of Enterprise

Retrieved on: 
Tuesday, May 11, 2021

b'BEIJING, May 11, 2021 /PRNewswire/ -- The "2021 China Brand Value Evaluation Information" released on May 9 amid the Fifth China Brand Day celebration, China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") ranks No.1 across the energy and chemical industry in China with a brand value of 308.59 billion yuan ($48.01 billion), a 9.491 billion yuan ($1.48 billion) growth compare to 2020.

Key Points: 
  • b'BEIJING, May 11, 2021 /PRNewswire/ -- The "2021 China Brand Value Evaluation Information" released on May 9 amid the Fifth China Brand Day celebration, China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") ranks No.1 across the energy and chemical industry in China with a brand value of 308.59 billion yuan ($48.01 billion), a 9.491 billion yuan ($1.48 billion) growth compare to 2020.
  • Brands value of its Easy Joy, Epec.com, Sinopec Lubricant Company, and Sinopec Donghai Asphalt raised significantly.\nAt the forum on China Corporate Brand Building held on May 10, Mr. Zhang Yuzhuo\'s keynote speech solemnly stated that Sinopec will accelerate to build a world-class independent brand to better lead the high-quality development of the enterprise.\nManufacturing capacity in China continues to grow and develop, showing vigorous vitality and creativity with increased number of Chinese brands going abroad.\nFor 38 years, Sinopec has emphasized on strengthening brand building and committed to bring the society cleaner, higher-end and more diverse energy and chemical products.
  • Fulfilled its brand promises with actions and responsibilities, Sinopec will continue to meet people\'s needs for better life and promote the company\'s brand value, reputation and influence.\n"Sinopec will step up in building a world-class brand, adhering to the brand value proposition of \'Innovation leads the future of the industry, creating better life with responsibility," as well as making the brand slogan of \'Cleaner Energy, Better Life\' deeply rooted in customers\' hearts, entering thousands upon thousands of households as a responsible international enterprise," said Zhang Yuzhuo, chairman of Sinopec.\nIn the future, Sinopec will Implement the brand strategy vigorously and firmly establish the concept of "quality is always one step ahead" and "every drop of oil is a promise" to highlight Sinopec\'s commitment to quality first, speeding up the promotion of brand vitality.
  • Its principal operations include the exploration and production, pipeline transportation and sale of petroleum and natural gas; the sale, storage and transportation of petroleum products, petrochemical products, coal chemical products, synthetic fiber, fertilizer and other chemical products; the import and export, including an import and export agency business, of petroleum, natural gas, petroleum products, petrochemical and chemical products, and other commodities and technologies; and research, development and application of technologies and information.\nSinopec sets \'fueling beautiful life\' as its corporate mission, puts \'people, responsibility, integrity, precision, innovation and win-win\' as its corporate core values, pursues strategies of value-orientation, innovation-driven development, integrated resource allocation, open cooperation, and green and low-carbon growth, and strives to achieve its corporate vision of building a world leading energy and chemical company.\n'

Zhang Yuzhuo, Chairman of Sinopec: Accelerating the World-class Brand Build up to Better Lead the High-quality Development of Enterprise

Retrieved on: 
Tuesday, May 11, 2021

b'BEIJING, May 11, 2021 /PRNewswire/ -- The "2021 China Brand Value Evaluation Information" released on May 9 amid the Fifth China Brand Day celebration, China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") ranks No.1 across the energy and chemical industry in China with a brand value of 308.59 billion yuan ($48.01 billion), a 9.491 billion yuan ($1.48 billion) growth compare to 2020.

Key Points: 
  • b'BEIJING, May 11, 2021 /PRNewswire/ -- The "2021 China Brand Value Evaluation Information" released on May 9 amid the Fifth China Brand Day celebration, China Petroleum & Chemical Corporation (HKG: 0386, "Sinopec") ranks No.1 across the energy and chemical industry in China with a brand value of 308.59 billion yuan ($48.01 billion), a 9.491 billion yuan ($1.48 billion) growth compare to 2020.
  • Brands value of its Easy Joy, Epec.com, Sinopec Lubricant Company, and Sinopec Donghai Asphalt raised significantly.\nAt the forum on China Corporate Brand Building held on May 10, Mr. Zhang Yuzhuo\'s keynote speech solemnly stated that Sinopec will accelerate to build a world-class independent brand to better lead the high-quality development of the enterprise.\nManufacturing capacity in China continues to grow and develop, showing vigorous vitality and creativity with increased number of Chinese brands going abroad.\nFor 38 years, Sinopec has emphasized on strengthening brand building and committed to bring the society cleaner, higher-end and more diverse energy and chemical products.
  • Fulfilled its brand promises with actions and responsibilities, Sinopec will continue to meet people\'s needs for better life and promote the company\'s brand value, reputation and influence.\n"Sinopec will step up in building a world-class brand, adhering to the brand value proposition of \'Innovation leads the future of the industry, creating better life with responsibility," as well as making the brand slogan of \'Cleaner Energy, Better Life\' deeply rooted in customers\' hearts, entering thousands upon thousands of households as a responsible international enterprise," said Zhang Yuzhuo, chairman of Sinopec.\nIn the future, Sinopec will Implement the brand strategy vigorously and firmly establish the concept of "quality is always one step ahead" and "every drop of oil is a promise" to highlight Sinopec\'s commitment to quality first, speeding up the promotion of brand vitality.
  • Its principal operations include the exploration and production, pipeline transportation and sale of petroleum and natural gas; the sale, storage and transportation of petroleum products, petrochemical products, coal chemical products, synthetic fiber, fertilizer and other chemical products; the import and export, including an import and export agency business, of petroleum, natural gas, petroleum products, petrochemical and chemical products, and other commodities and technologies; and research, development and application of technologies and information.\nSinopec sets \'fueling beautiful life\' as its corporate mission, puts \'people, responsibility, integrity, precision, innovation and win-win\' as its corporate core values, pursues strategies of value-orientation, innovation-driven development, integrated resource allocation, open cooperation, and green and low-carbon growth, and strives to achieve its corporate vision of building a world leading energy and chemical company.\nView original content to download multimedia: http://www.prnewswire.com/news-releases/zhang-yuzhuo-chairman-of-sinopec...\n'