Companies of China

Huawei Canada Media Statement

Retrieved on: 
Wednesday, August 4, 2021
Canada–China relations, China–United States relations, Foreign relations, Telecommunications, Meng Wanzhou, Companies of China, Huawei, Meng, Arrest of Meng Wanzhou

VANCOUVER BC, Aug. 4, 2021 /CNW/ - Today, Meng Wanzhou returns to the British Columbia Supreme Court.

Key Points: 
  • VANCOUVER BC, Aug. 4, 2021 /CNW/ - Today, Meng Wanzhou returns to the British Columbia Supreme Court.
  • It follows that committal must be denied and Ms. Meng be allowed to return home.
  • Please see the following statement from Huawei Canada:
    "As the case enters its next phase, Huawei remains confident in Ms. Meng's innocence.
  • We will, as always, continue to support Ms. Meng's pursuit of justice and freedom."

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds DiDi Global (DIDI) Investors of Securities Fraud Lawsuit and Pending Deadline, Advises Investors with Losses to Contact Firm’s Attorneys

Retrieved on: 
Wednesday, August 4, 2021
Carsharing, DiDi, Uberisation, Steve Berman, Hagens, Transport, Companies of China, Service industries

SAN FRANCISCO, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges DiDi Global, Inc. (NYSE: DIDI) investors with significant losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Hagens Berman urges DiDi Global, Inc. (NYSE: DIDI) investors with significant losses to submit your losses now .
  • Within days of closing the IPO, investors began to learn the truth through a series of announcements.
  • Were focused on investors losses and proving DiDi failed to disclose known regulatory risks, said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys.

TIENS Group Is Poised to Become One of Main Global Participants in the Future Massive Health Industry

Retrieved on: 
Wednesday, August 4, 2021
Health, General Health, Li Jinyuan, Tiens Group, Economy of China, Companies of China, Cities in China, Tien, Tianjin, Twenty-One

As announced proudly by TIENS Groups Chairman Li Jinyuan in the Health Industry Development Forum of the Belt and Road in the Post-pandemic Era held in Tianjin, China, TIENS Group is poised to become one of main global participants in the future massive health industry.

Key Points: 
  • As announced proudly by TIENS Groups Chairman Li Jinyuan in the Health Industry Development Forum of the Belt and Road in the Post-pandemic Era held in Tianjin, China, TIENS Group is poised to become one of main global participants in the future massive health industry.
  • View the full release here: https://www.businesswire.com/news/home/20210804005776/en/
    TIENS Group is poisedto become one of main global participants in the future massive health industry (Photo: Business Wire)
    This forum provides an opportunity for China and TIENS Group to show themselves to a broad international audience.
  • So far, TIENS Group has established branches in more than 110 countries and built up business markets in 224 countries and regions.
  • TIENS will be further driven to fulfill its commitment of Healthy Mankind and Social Service through TIENS high-end experience stores project in the future.

BorgWarner Furthers Growth in China with Two Dual Inverter Projects

Retrieved on: 
Wednesday, August 4, 2021
Power inverter, Power electronics, Converter, Great Wall Motors, Companies of China, Companies, Industry economics), Photovoltaics

"These new contracts showcase the trust and confidence we have built in our electrified applications from these customers and will aid us in continuing to lead the dual inverter technology trend in China and beyond."

Key Points: 
  • "These new contracts showcase the trust and confidence we have built in our electrified applications from these customers and will aid us in continuing to lead the dual inverter technology trend in China and beyond."
  • Production for the GWM dual inverter is currently underway, with and without a DC/DC converter option, which was launched on several 2021 GWM models.
  • "Our project with GWM is a milestone achievement for both companies, as together we launched one of the first dual inverter projects and DHT hybrid powertrain systems in China.
  • By combining different power electronic technologies into one compact package, BorgWarner's dual inverter range is able to provide unrivalled functionality.

Tiens Group Held an International Health Industry Forum

Retrieved on: 
Wednesday, August 4, 2021
General Health, Supply chain management, Online Retail, Health, Retail, Tiens Group, Li Jinyuan, Economy of China, Companies of China, Chinese people, Tien

At the very beginning, the main products of Tiens Group included such healthy products as calcium products.

Key Points: 
  • At the very beginning, the main products of Tiens Group included such healthy products as calcium products.
  • View the full release here: https://www.businesswire.com/news/home/20210804005439/en/
    An international health industry development forum will be organized by Tiens Group on August 3, 2021 (China time) to discuss about the development of the global health industry.
  • Due to the great influence of Tiens Group worldwide, this forum has received a lot of media attention around the world.
  • Li Jinyuan, Chairman of Tiens Group, said that the Group would make continuous efforts for community of human health as a major participant in the global massive health industry.

Inceptio Technology completes US$270 million in financing, led by JD, Meituan, and PAG

Retrieved on: 
Tuesday, August 3, 2021
Meituan, Rail freight transport, Truck, Companies of China, Companies

SHANGHAI, Aug. 3, 2021 /PRNewswire/ -- Inceptio Technology, an autonomous driving truck technology and operating company, announced the closing of a US$270 million Series B equity financing.

Key Points: 
  • SHANGHAI, Aug. 3, 2021 /PRNewswire/ -- Inceptio Technology, an autonomous driving truck technology and operating company, announced the closing of a US$270 million Series B equity financing.
  • This round of financing was jointly led by JD Logistics (02618.HK), Meituan (03690.HK), and PAG.
  • Since 2019, Inceptio Technology and China's leading OEMs have jointly developed a line of mass-produced, autonomous driving, heavy-duty trucks.
  • The autonomous driving freight network built by Inceptio Technology has been embraced by a number of top tier shippers and fleets in China.

Kingsoft Cloud Announces Major Strategic Move in Enterprise Cloud Services

Retrieved on: 
Monday, August 2, 2021
Cloud infrastructure, Computing, Antivirus software, Kingsoft, IT infrastructure, Companies of China, Cloud computing

BEIJING, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (Kingsoft Cloud or the Company) (NASDAQ: KC), a leading independent cloud service provider in China, announced that the Company made a major strategic move in its Enterprise Cloud Services (ECS) business by entering into a definitive agreement to acquire controlling interests in Camelot Employee Scheme Inc. (Camelot).

Key Points: 
  • BEIJING, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (Kingsoft Cloud or the Company) (NASDAQ: KC), a leading independent cloud service provider in China, announced that the Company made a major strategic move in its Enterprise Cloud Services (ECS) business by entering into a definitive agreement to acquire controlling interests in Camelot Employee Scheme Inc. (Camelot).
  • Among other things, the Business Outlook, and quotations from management in this announcement, as well as Kingsoft Clouds strategic and operational plans, contain forward-looking statements.
  • Kingsoft Cloud Holdings Limited (NASDAQ: KC) is a leading independent cloud service provider in China.
  • Kingsoft Cloud has built a comprehensive and reliable cloud platform consisting of extensive cloud infrastructure, cutting-edge cloud products and well-architected industry-specific solutions across public cloud and enterprise cloud.

Li Auto Inc. July 2021 Delivery Update

Retrieved on: 
Sunday, August 1, 2021
Li Auto, Companies of China, Companies, Economy of China

BEIJING, China, Aug. 01, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI), an innovator in Chinas new energy vehicle market, today announced that the Company delivered 8,589 Li ONEs in July 2021, crossing the 8,000-vehicle milestone for the first time while hitting a new record.

Key Points: 
  • BEIJING, China, Aug. 01, 2021 (GLOBE NEWSWIRE) -- Li Auto Inc. (Li Auto or the Company) (Nasdaq: LI), an innovator in Chinas new energy vehicle market, today announced that the Company delivered 8,589 Li ONEs in July 2021, crossing the 8,000-vehicle milestone for the first time while hitting a new record.
  • As of July 31, 2021, total deliveries in 2021 reached 38,743, bringing cumulative deliveries of Li ONE to 72,340 since its market debut.
  • Driven by outstanding product features and performance, the 2021 Li ONE set an all-time high in monthly deliveries once again.
  • The Company started volume production of Li ONE in November 2019 and released the 2021 Li ONE in May 2021.

BEST Inc. Partners with Cainiao to Launch Cross-border Logistics Services from China to Thailand, Vietnam and Cambodia

Retrieved on: 
Monday, August 2, 2021
Supply chain management, Alibaba Group, Cainiao, Companies of China, Business, Companies, Logistics, Supply chain

HANGZHOU, China, Aug. 1, 2021 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, today launched its full-chain, direct logistics service to ship parcels from China to Thailand, Vietnam and Cambodia.

Key Points: 
  • HANGZHOU, China, Aug. 1, 2021 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, today launched its full-chain, direct logistics service to ship parcels from China to Thailand, Vietnam and Cambodia.
  • The services will be operated in partnership with Cainiao Smart Logistics Network, ("Cainiao Network"), the logistics arm of Alibaba Group.
  • This news comes after BEST's partnership with Cainiao Network last year to launch cross-border logistics services linking China to Malaysia and Singapore.
  • BEST Inc. (NYSE: BEST) is a leading integrated smart supply chain solutions and logistics services provider in China.

Class Action Lawsuit Deadline: Kessler Topaz Meltzer & Check, LLP Reminds Investors of Securities Fraud Class Action Lawsuit Filed Against DiDi Global Inc.

Retrieved on: 
Saturday, July 31, 2021
Carsharing, DiDi, Uberisation, Transport, DiDi, Prospectus, Topaz, Companies of China, Service industries

For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.

Key Points: 
  • For additional information or to learn how to participate in this litigation please contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq.
  • DiDi was formerly known as Xiaoju Kuaizhi Inc. and changed its name to DiDi Global Inc. in June 2021.
  • On June 30, 2021, DiDi filed its prospectus on a Form 424B4, which forms part of the Registration Statement.
  • The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP.