Cities in China

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

Retrieved on: 
Friday, July 30, 2021
Administrative divisions of China, Chaoyang District, Beijing, Beijing, Administrative divisions, Cities in China

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.

JDDJ Application's Aging-Friendly Updates Was Included in Official Guidance

Retrieved on: 
Friday, July 30, 2021
Musical groups, Musicians, Cities in China, Remixers, Avant-garde art, DaDa, Nonsense, Shanghai, Joint Declaration on the Doctrine of Justification

SHANGHAI, July 29, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada"), China's leading local on-demand delivery and retail platform, actively strengthened its efforts on aging-friendly and barrier-free updates of JDDJ's application, which is included in Shanghai's official guidance for elderly people.

Key Points: 
  • SHANGHAI, July 29, 2021 /PRNewswire/ -- Dada Group (Nasdaq: DADA) ("Dada"), China's leading local on-demand delivery and retail platform, actively strengthened its efforts on aging-friendly and barrier-free updates of JDDJ's application, which is included in Shanghai's official guidance for elderly people.
  • The updates of JDDJ's application was included in the official guidance to teach the elderly how to use Internet services, such as buying medicine and grocery online.
  • JDDJ will apply to the China Academy of Information and Communications Technology for testing by the end of August.
  • With the feedbacks from the blind experience officers, JDDJ's barrier-free updates made the application more practical for better user experience.

Quhuo Announces Joint Partnerships with Shougang Real Estate and Hakone Group to Boost Operations of the Beijing-Tianjin-New-City Development

Retrieved on: 
Thursday, July 29, 2021
Municipalities of China, North China Plain, Administrative divisions, Cities in China, Shougang Group, Beijing Shougang Co., Ltd., Beijing, Tianjin

BEIJING, July 29, 2021 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH ) ("Quhuo" or the "Company"), a leading gig economy platformfromChina, today announced its recent partnerships with Shougang Real Estate ("Shougang") and Hakone Group ("Hakone") to jointly boost operations in the Beijing-Tianjin-New-City development project ("Beijing-Tianjin-New-City"), a luxury resort town about 90 kilometers from Beijing.

Key Points: 
  • BEIJING, July 29, 2021 /PRNewswire/ -- Quhuo Limited (NASDAQ: QH ) ("Quhuo" or the "Company"), a leading gig economy platformfromChina, today announced its recent partnerships with Shougang Real Estate ("Shougang") and Hakone Group ("Hakone") to jointly boost operations in the Beijing-Tianjin-New-City development project ("Beijing-Tianjin-New-City"), a luxury resort town about 90 kilometers from Beijing.
  • Chengtu, one of China's biggest homestay operators and a sub-division of Quhuo, officially launched the joint partnerships with Tianjin Subsidiary of Shougang and Hakone on July 10, 2021.
  • The timely partnership opens more opportunities as China's domestic tourism market continues to gather momentum and recover at a fast pace.
  • Established in 1998 and headquartered in Beijing, Shougang Real Estate is a real estate investment and development group integrating real estate investment, development, and asset operation.

Recon Announces FGS Cooperation with G7 IOT to Empower the Logistics Industry with Digital Operation of Fleet Fuel Management

Retrieved on: 
Wednesday, July 28, 2021
Articles, Cities in China, Science and technology, Ambient intelligence, Digital technology, Internet of things, Technology assessment, Dalian, Logistics

Huitong Dalian is a wholly owned subsidiary of Beijing Hui Tong Tian Xia IOT Technology CO. Ltd ("G7 IOT").

Key Points: 
  • Huitong Dalian is a wholly owned subsidiary of Beijing Hui Tong Tian Xia IOT Technology CO. Ltd ("G7 IOT").
  • According to the Agreement, FGS will provide customized development and maintenance services to Huitong Dalian regarding the fleet fuel management-based Platform according to the requirement of G7 IOT.
  • We hope to empower the data-based management of fuel consumption of large customers in logistics industry.
  • Mr. Song Yang added, "Partnership with G7 IOT marks the expansion of FGS' service scope from car owner consumption market to the logistics industry.

Lynx Global Adds Highly Respected China Based Business and Technology Leader to its Strategic Advisory Board

Retrieved on: 
Wednesday, July 28, 2021
Sub-provincial cities in the People's Republic of China, Jiangnan, Yangtze River Delta, Cities in China, Geography of China, Hangzhou, Shenzhen, Suzhou

Vancouver, British Columbia--(Newsfile Corp. - July 28, 2021) - Lynx Global Digital Finance Corporation (CSE: LYNX) (OTC Pink: CNONF) (FSE: 3CT0) ("Lynx" or the "Company") is pleased to announce the addition of Mr. Qin Wang to its Strategic Advisory Board.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 28, 2021) - Lynx Global Digital Finance Corporation (CSE: LYNX) (OTC Pink: CNONF) (FSE: 3CT0) ("Lynx" or the "Company") is pleased to announce the addition of Mr. Qin Wang to its Strategic Advisory Board.
  • Through this experience, he has accumulated practical knowledge of business analysis, corporate finance, and management implementation, as well as a strong business network.
  • NewMargin remains at the forefront of VC management companies in China as referenced by Zerop2ipo, China Venture & Forbes magazines.
  • Headquartered in Shanghai NewMargin has primary offices and funds across China in Beijing, Shenzhen, Hangzhou, Suzhou, Urumqi, and Hong Kong.

China Natural Resources To Acquire Precise Space-Time Technology

Retrieved on: 
Tuesday, July 27, 2021
Cities in China, Environmental engineering, Sanitation, Wastewater treatment, Water pollution, Shanghai, Administrative divisions

Precise Space-Time Technology, through its wholly owned subsidiaries, owns a 51% equity interest in Shanghai Onway Environmental Co., Ltd. ("Shanghai Onway").

Key Points: 
  • Precise Space-Time Technology, through its wholly owned subsidiaries, owns a 51% equity interest in Shanghai Onway Environmental Co., Ltd. ("Shanghai Onway").
  • Shanghai Onway is principally engaged in the provision of equipment for rural wastewater treatment and the provision of engineering, procurement and construction services in relation to wastewater treatment in China.
  • Mr. Wong Wah On Edward, Chairman of the Company, said, "The rural sewage treatment industry is undergoing a period of rapid development.
  • Mr. Wong continued, "We believe Precise Space-Time Technology's business is highly synergistic with our strategic business objectives in the mining and healthcare sectors.

The 4th China International Import Expo (CIIE) launched the 100-day countdown

Retrieved on: 
Tuesday, July 27, 2021
Economy of Shanghai, China International Import Expo, Cities in China, Shanghai, Administrative divisions, Hongqiao, Expo

SHANGHAI, July 27, 2021 /PRNewswire/ -- From Nov 5 to 10 the world's largest import-themed expo, the 4th China International Import Expo (CIIE), will be held in Shanghai, China.

Key Points: 
  • SHANGHAI, July 27, 2021 /PRNewswire/ -- From Nov 5 to 10 the world's largest import-themed expo, the 4th China International Import Expo (CIIE), will be held in Shanghai, China.
  • The organizers launched the 100-day countdown to the event during a briefing on July 26.
  • The 4th CIIE will consist of a business exhibition, a country exhibition, the Hongqiao International Economic Forum, and a host of other activities.
  • The official has also pledged to offer better services related to dining, expo entry, logistics, transportation and information sharing during the 4th CIIE.

Sungrow Opens Another R&D Center in China

Retrieved on: 
Tuesday, July 27, 2021
Cities in China, Jiangnan, Nanjing, Yangtze River Delta

Sungrow Nanjing R&D Center occupies 2,000 square meters of office area and it plans to employ 200 people by the end of 2021.

Key Points: 
  • Sungrow Nanjing R&D Center occupies 2,000 square meters of office area and it plans to employ 200 people by the end of 2021.
  • Upon the opening of the Nanjing R&D Center, Sungrow also initiates its talent development model combining industry, education and research.
  • At the opening ceremony, Jack Gu, Senior Vice President of Sungrow, said, "The establishment of the Nanjing R&D Center marks a significant step for Sungrow to further its technological innovation and enrich its talent pool."
  • Sungrow Power Supply Co., Ltd. ("Sungrow") is the world's most bankable inverter brand with over 182 GW installed worldwide as of June 2021.

Sungrow Opens Another R&D Center in China

Retrieved on: 
Tuesday, July 27, 2021
Cities in China, Jiangnan, Nanjing, Yangtze River Delta

Sungrow Nanjing R&D Center occupies 2,000 square meters of office area and it plans to employ 200 people by the end of 2021.

Key Points: 
  • Sungrow Nanjing R&D Center occupies 2,000 square meters of office area and it plans to employ 200 people by the end of 2021.
  • Upon the opening of the Nanjing R&D Center, Sungrow also initiates its talent development model combining industry, education and research.
  • At the opening ceremony, Jack Gu, Senior Vice President of Sungrow, said, "The establishment of the Nanjing R&D Center marks a significant step for Sungrow to further its technological innovation and enrich its talent pool."
  • Sungrow Power Supply Co., Ltd. ("Sungrow") is the world's most bankable inverter brand with over 182 GW installed worldwide as of June 2021.

MOGU Inc. Announces Entry into Definitive Agreements to Increase Ownership of Hangzhou Ruisha

Retrieved on: 
Monday, July 26, 2021
Fashion, Online Retail, Retail, Other Retail, Technology, Other Technology, Internet, Cities in China, Mogujie, Hangzhou

MOGU Inc. (NYSE: MOGU) (MOGU or the Company), a leading KOL-driven online fashion and lifestyle destination in China, today announced that Hangzhou Juangua Network Co., Ltd. (Hangzhou Juangua), a consolidated affiliated entity of the Company, has entered into definitive agreements with Hangzhou Ruisha Technology Co., Ltd. (Hangzhou Ruisha), Hangzhou Ruishas existing shareholder and Hangzhou Ruishas founder, to increase and obtain controlling equity interests in Hangzhou Ruisha.

Key Points: 
  • MOGU Inc. (NYSE: MOGU) (MOGU or the Company), a leading KOL-driven online fashion and lifestyle destination in China, today announced that Hangzhou Juangua Network Co., Ltd. (Hangzhou Juangua), a consolidated affiliated entity of the Company, has entered into definitive agreements with Hangzhou Ruisha Technology Co., Ltd. (Hangzhou Ruisha), Hangzhou Ruishas existing shareholder and Hangzhou Ruishas founder, to increase and obtain controlling equity interests in Hangzhou Ruisha.
  • Under the definitive agreements, Hangzhou Juangua will purchase equity interests from the existing shareholder of Hangzhou Ruisha and subscribe for additional equity interests in Hangzhou Ruisha, at an aggregate consideration of RMB50 million in cash.
  • MOGU will beneficially own 59.62% equity interests in Hangzhou Ruisha at the closing of the transactions.
  • Mr. Qi Chen, MOGUs chairman and chief executive officer, commented, The investment in Hangzhou Ruisha represents continuingly expanded and utilized capabilities of MOGU to provide services for business customers.