GWP

Huize Holding Limited Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, April 10, 2024
Research, Risk management, Independent, FYP, Acquisition, Insurance, Life, Ecosystem, LTV, Independent financial adviser, Share repurchase, Marketing, Advertising, GWP

SHENZHEN, China, March 20, 2024 (GLOBE NEWSWIRE) – Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • SHENZHEN, China, March 20, 2024 (GLOBE NEWSWIRE) – Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.
  • Mr. Cunjun Ma, Founder and CEO of Huize, said, “We are very pleased to report our fifth consecutive quarter of profitability, with net profit of RMB18.0 million and non-GAAP net profit of RMB16.4 million in the fourth quarter of 2023.
  • Net profit in the fourth quarter of 2023 was RMB18.0 million (US$2.5 million), up 120.1% from RMB8.2 million in the same period of 2022.
  • Net profit in 2023 was RMB70.2 million (US$9.9 million), compared to a net loss of RMB31.2 million in 2022.

Data Center World’s Expo Hall to Feature Hundreds of Innovative Products and Services Data Center Facilities and IT Professionals Need to Know to Plan, Manage and Optimize Data Centers

Retrieved on: 
Monday, April 8, 2024
Networks, Internet, Data Management, Technology, Software, Transfer, LTD, Transport, Carbon, HVAC, Starline, HTF, Cavitation, Virginia Transformer Corporation, Network throughput, Vertiv, MVA, Exhibition, Safety, DCIM, Fiber, Electricity, Control, Server Technology, DLC, GIGABYTE, PEAK, AI, Fluid mechanics, Network, Expo Hall, Gesellschaft mit beschränkter Haftung, Energy, GWP, Mining, Immersion, Corrosion engineering, Temperature, CPI, Hybrid, Recycling, HPC, Corrosion, Data center, DDC, Peak (automotive products), Business analyst, Dell

Data Center World , the leading global conference for data center facilities and IT professionals, will feature hundreds of innovative products and services in the Expo Hall.

Key Points: 
  • Data Center World , the leading global conference for data center facilities and IT professionals, will feature hundreds of innovative products and services in the Expo Hall.
  • The technologies will provide data center facilities and IT professionals with all the information they need to plan, manage and optimize their data centers.
  • Data Center World is AFCOM’s annual gathering of IT and data center professionals.
  • Future-proof your data center with hybrid liquid-air cooling, intelligent power handling, and enterprise environment controls by DDC’s DCIM monitoring software.

FANHUA Reports Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, March 20, 2024
Open Platform, MDRT, Conference call, Conference, Growth, H.10, RMB, Intelligence, Education, Specialization, Digitalization, FYP, Travel, City, Policy, ADS, Insurance, Translation, Open platform, Investment, Depreciation, Share repurchase, Total, GWP, Video game

Operating margin was 2.7% for the fourth quarter of 2023, compared to 11.1% for the corresponding period in 2022.

Key Points: 
  • Operating margin was 2.7% for the fourth quarter of 2023, compared to 11.1% for the corresponding period in 2022.
  • Net margin was -4.5% for the fourth quarter of 2023, as compared to 9.2% for the corresponding period in 2022.
  • Adjusted EBITDA margin3 was 6.7% for the fourth quarter of 2023, as compared to 10.0% for the corresponding period in 2022.
  • The Company will host a conference call to discuss its fourth quarter and fiscal year 2023 financial results as per the following details.

Huize Holding Limited Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, March 20, 2024
Research, PIN, Risk management, Independent, FYP, Acquisition, Insurance, Life, Ecosystem, LTV, Independent financial adviser, Share repurchase, Marketing, Advertising, GWP

SHENZHEN, China, March 20, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • SHENZHEN, China, March 20, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.
  • Mr. Cunjun Ma, Founder and CEO of Huize, said, “We are very pleased to report our fifth consecutive quarter of profitability, with net profit of RMB18.0 million and non-GAAP net profit of RMB16.4 million in the fourth quarter of 2023.
  • Operating revenue was RMB236.0 million (US$33.2 million) in the fourth quarter of 2023, a decrease of 8.7% from RMB258.4 million in the same period of 2022.
  • Net profit in the fourth quarter of 2023 was RMB18.0 million (US$2.5 million), up 120.1% from RMB8.2 million in the same period of 2022.

EFI Expands Portfolio of Innovation for Sign and Display Graphics at FESPA with New VUTEk Q3h XP and EFI Pro 33r Printers

Retrieved on: 
Tuesday, March 19, 2024
Fire, Ricoh, Worldwide, Growth, Nozomi, Printing, CMYK, DFE, LCA, RAI, Convention center, Blockout, Electronics, Life-cycle assessment, Reggiani, POP, XP, EFI, OCC, RSVP, Exhibition, Paper, LED, ISO, GWP, 3D printing

“With a comprehensive portfolio of production printers with the most advanced technology and innovative inks and coatings for the sign and display.

Key Points: 
  • “With a comprehensive portfolio of production printers with the most advanced technology and innovative inks and coatings for the sign and display.
  • The new, 3.3-metre-wide VUTEk Q3h XP hybrid flatbed/roll-fed LED printer, making its worldwide debut, is designed to provide high-quality imaging and production-level printing for faster turnarounds.
  • The printer is available with four (CMYK) or six (CMYK, lc, lk) colours and optional white and clear inks.
  • EFI is also exhibiting the 3.5-metre-wide EFI VUTEk Q3r roll-to-roll LED printer that provides a complete print-to-finished graphic workflow, from RIP to finished product.

EFI Completes Life Cycle Assessment for Nozomi Digital Direct-to-Corrugated Printer

Retrieved on: 
Thursday, March 14, 2024
GM, EPR, Printing, Carbon accounting, Partnership, Global warming potential, Building material, History, Carbon footprint, LCA, JIT, Life, Electronics, Volatile organic compound, CO2, EFI, OCC, Water, Paper, ISO, LED, Organic compound, GWP, 3D printing

LONDONDERRY, N.H., March 14, 2024 (GLOBE NEWSWIRE) -- Electronics For Imaging, Inc ., today reported it has completed a life cycle assessment (LCA) of Nozomi single-pass digital print technology in partnership with award-winning sustainability consulting firm Clean Agency .

Key Points: 
  • LONDONDERRY, N.H., March 14, 2024 (GLOBE NEWSWIRE) -- Electronics For Imaging, Inc ., today reported it has completed a life cycle assessment (LCA) of Nozomi single-pass digital print technology in partnership with award-winning sustainability consulting firm Clean Agency .
  • According to the LCA, printing corrugated materials on an EFI Nozomi digital press reduces global warming potential (GWP) by approximately 50% when compared to analog printing technologies.
  • Because of their Nozomi investment in EFI digital printing, in 2023, Caps Cases avoided approximately 300,000 kilograms of CO2e when compared to analog methods.
  • EFI Nozomi LED inks emit virtually no volatile organic compounds (VOCs), meeting the GREENGUARD Gold standard and requiring no vapor recovery.

Data Center Dielectric Fluid Markets, 2028: Opportunities Emerging with Collaborative Innovations in Immersion Cooling for Cryptocurrency Miners - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 27, 2024
Technology, Hardware, Data Management, Fluorocarbon, Growth, Internet of things, Internet, Research, Thermal conductivity, Artificial intelligence, AI, Water resources, Insurance, Cloud computing, Water, Region, Telecommunications, BFSI, GWP, Printed circuit board

In addition, the surge in demand for liquid cooling systems is also boosting the demand for dielectric fluids in the data center dielectric fluid market.

Key Points: 
  • In addition, the surge in demand for liquid cooling systems is also boosting the demand for dielectric fluids in the data center dielectric fluid market.
  • As a cumulative effect, these factors are projected to drive the increased adoption of dielectric coolants in data center dielectric fluid market.
  • These eco-friendly dielectric fluids empower data center operators to optimize resources and enhance cooling systems and overall data center performance.
  • The global data center dielectric fluid market is a highly competitive and emerging industry, with many players competing for market share.

The Fidelis Partnership Spearheads New Lloyd’s Syndicate

Retrieved on: 
Thursday, March 28, 2024
Professional Services, Insurance, Finance, Climate change, Partnership, Active, LLP, Aviation, Willkie Farr & Gallagher, Syndicate, GWP

The Fidelis Partnership today announced that Lloyd’s has granted “in principle” approval for the launch of Syndicate 3123 in collaboration with Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group”), a global specialty insurer, and Hampden Agencies, the largest provider of private capital to Lloyd’s.

Key Points: 
  • The Fidelis Partnership today announced that Lloyd’s has granted “in principle” approval for the launch of Syndicate 3123 in collaboration with Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group”), a global specialty insurer, and Hampden Agencies, the largest provider of private capital to Lloyd’s.
  • The sponsorship of Syndicate 3123 by The Fidelis Partnership marks the return of its Founder and Chief Executive Officer, Richard Brindle, to the Lloyd’s market after 26 years.
  • Richard Brindle, CEO of The Fidelis Partnership, said: “Our new syndicate will bring underwriting leadership, innovation, and flexibility.
  • We look forward to supporting Syndicate 3123 as it aims to achieve accretive and strong underwriting results to the Lloyd’s market.”
    The Fidelis Partnership and Fidelis Insurance Group are being advised on the transaction by Asta and Willkie Farr & Gallagher (UK) LLP.

Trane Technologies Announces Completely New Residential HVAC Product Portfolio

Retrieved on: 
Tuesday, March 26, 2024
Residential Building & Real Estate, Alternative Energy, Construction & Property, Energy, Climate Change, Sustainability, Manufacturing, Environment, Environmental Issues, Environmental Health, Interior Design, Other Energy, HVAC, Utilities, Architecture, Other Construction & Property, Generator, Smart system, Science Based Targets initiative, Heat, Science, Carbon, Trane Technologies, Cold climate, Safety, Gigaton, Inflation, Engineering, GWP

Trane Technologies (NYSE: TT), a global climate innovator, today announced its new residential product portfolio with innovative design upgrades to its highly efficient heat pumps and air conditioners, including next-generation refrigerant with 78% less global warming potential (GWP).

Key Points: 
  • Trane Technologies (NYSE: TT), a global climate innovator, today announced its new residential product portfolio with innovative design upgrades to its highly efficient heat pumps and air conditioners, including next-generation refrigerant with 78% less global warming potential (GWP).
  • “As a global climate innovator, we’re continually on the leading edge of new, sustainable technologies, and have proudly led the industry in the transition to next-generation refrigerants,” said Dwayne Cowan, president, Residential HVAC, Trane Technologies.
  • We are proud to continue driving bold climate action – doing the right thing for our industry, our customers, and the planet.”
    “At Trane Technologies, we believe that improving efficiency is foundational for a decarbonized future,” said Katie Davis, vice president of engineering and technology, Residential HVAC, Trane Technologies.
  • Trane Technologies has been a leader in the transition to next-generation refrigerants.

AM Best Affirms Credit Ratings of CICA-RE

Retrieved on: 
Friday, March 22, 2024
Insurance, Professional Services, ALL, News, CICA, Credit, AM Best, CIMA, Good, Geography, GWP

The outlook of these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.