RMB

RLX Technology Upgraded to 'A' by MSCI ESG Rating, Ahead of Its Global Peers

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Thursday, November 24, 2022

BEIJING, Nov. 23, 2022 /PRNewswire/ -- RLX Technology (NYSE: RLX), known for its RELX-branded e-vapor products, announced today that it has been upgrated to 'A' by MSCI ESG Rating, taking a dramatic leap from CCC last year, ranking ahead of global e-vapor peers.

Key Points: 
  • BEIJING, Nov. 23, 2022 /PRNewswire/ -- RLX Technology (NYSE: RLX), known for its RELX-branded e-vapor products, announced today that it has been upgrated to 'A' by MSCI ESG Rating, taking a dramatic leap from CCC last year, ranking ahead of global e-vapor peers.
  • In addition to MSCI, RLX has recently achieved excellent results from a number of the world's leading ESG rating agencies.
  • RLX was also ranked first among its global e-vapor peers in the latest annual S&P Global Corporate Sustainability Assessment.
  • RLX Technology Inc. sells its products through an integrated offline distribution and retail model tailored to China's e-vapor market.

Chengdu Unleashes More Opportunities for Manufacturing Industry

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Tuesday, November 22, 2022

CHENGDU, China, Nov. 22, 2022 /PRNewswire/ -- The Conference on Promoting the Construction of a Strong Manufacturing City was held in Chengdu city on November 18.

Key Points: 
  • CHENGDU, China, Nov. 22, 2022 /PRNewswire/ -- The Conference on Promoting the Construction of a Strong Manufacturing City was held in Chengdu city on November 18.
  • Based in Chengdu, the Chengdu CRP Robot Technology Co., Ltd. gears its target towards the new track of the industry, and strives to achieve the goal of becoming the "Chinese robot pioneer".
  • The solid manufacturing foundation in Chengdu increasingly attracts leading enterprises and industrial resources to converge on the city, fueling the transformation from "Made in Chengdu" to "Made intelligently in Chengdu".
  • The only national-level ultra-high-definition video manufacturing innovation center was established in Chengdu on November 7, because the city boasts China's most comprehensive UHD video industry chain foundation.

iQIYI Announces Third Quarter 2022 Financial Results

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Tuesday, November 22, 2022

[3] The average daily number of total subscribing members for a quarter is calculated by averaging the number of total subscribing members in each day of such quarter.

Key Points: 
  • [3] The average daily number of total subscribing members for a quarter is calculated by averaging the number of total subscribing members in each day of such quarter.
  • [5]The monthly ARM for the quarter is calculated by dividing our total revenues from membership services during a given quarter by the average daily number of total subscribing members for that quarter and the number of months in the quarter.
  • Diluted net loss attributable to iQIYI per ADS was RMB0.46 (US$0.06) for the third quarter of 2022, compared to diluted net loss attributable to iQIYI per ADS of RMB2.17 in the same period of 2021.
  • It will automatically direct you to the registration page of "iQIYI Third Quarter 2022 Earnings Conference Call", where you may fill in your details for RSVP.

Dongpo Pickle, Chinese Delicacy Shared by the World

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Monday, November 21, 2022

As the largest and highest-level pickle food professional exhibition in China, the Pickle Food Expo has been successfully held for 12 sessions in Dongpo District, Meishan City, which is known as the "Hometown of Chinese Pickle".

Key Points: 
  • As the largest and highest-level pickle food professional exhibition in China, the Pickle Food Expo has been successfully held for 12 sessions in Dongpo District, Meishan City, which is known as the "Hometown of Chinese Pickle".
  • Dongpo District, Meishan is located in the Chengdu Plain in southwest China, where pickle owns a history of more than 2,000 years.
  • Dongpo Pickle is named after Su Dongpo, a great writer in ancient China.
  • Dongpo Pickle enterprises, such as Jixiangju, Chuannan and Liji, become China's first pickle enterprises with self-operated import and export trade.

Qudian Inc. Reports Third Quarter 2022 Unaudited Financial Results

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Monday, November 21, 2022

XIAMEN, China, Nov. 21, 2022 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company inChina, today announced its unaudited financial results for the quarter ended September 30, 2022.

Key Points: 
  • XIAMEN, China, Nov. 21, 2022 /PRNewswire/ -- Qudian Inc. ("Qudian" or "the Company" or "We") (NYSE: QD), a consumer-oriented technology company inChina, today announced its unaudited financial results for the quarter ended September 30, 2022.
  • Total operating costs and expenses increased to RMB410.6 million (US$57.7 million) from RMB273.2 million for the third quarter of 2021.
  • Impairment loss from long-lived assets was RMB5.9 million(US$0.8 million) for the third quarter of 2022, as a result of thestreamlining in QD Food operations.
  • We use adjusted net income/loss, a Non-GAAP financial measure, in evaluating our operating results and for financial and operational decision-making purposes.

COP27 Press Conference on Sustainable Energy and Low Carbon Transition Successfully Held

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Thursday, November 17, 2022

BEIJING, Nov. 17, 2022 /PRNewswire/ --November 15th marks the Energy Day of the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27).

Key Points: 
  • BEIJING, Nov. 17, 2022 /PRNewswire/ --November 15th marks the Energy Day of the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27).
  • On that day, All-China Environment Federation (ACEF) held a on-site press conference on "Sustainable Energy and Low Carbon Transition" in Press Conference Room-Luxor .
  • Representatives from the Energy Research Institute of State Grid Corporation of China and China Liaoning Emission Exchange(CLEEX) shared their own practical cases.
  • In all regions where RMB is circulating, as long as mobile phones can log in to WeChat, carbon inclusion can be easily regulated, and carbon neutrality can be achieved.

PCBAI launching one-stop cloud manufacturing PCBA services on electronica 2022

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Tuesday, November 15, 2022

MUNICH, Germany, Nov. 15, 2022 /PRNewswire/ -- As an advanced one-stop PCBA manufacturing platform, PCBAI ( www.pcbai.com ) participated in electronica 2022, the world's leading trade fair and conference for electronics in Munich, Germany, from November 15 to 18, 2022.

Key Points: 
  • MUNICH, Germany, Nov. 15, 2022 /PRNewswire/ -- As an advanced one-stop PCBA manufacturing platform, PCBAI ( www.pcbai.com ) participated in electronica 2022, the world's leading trade fair and conference for electronics in Munich, Germany, from November 15 to 18, 2022.
  • It links resources by a flexible manufacturing system, and creates customized production with digital collaboration, providing global customers with whole process of manufacturing and supply chain services fromprototypetomassproduction with high cost-to-performance and high efficiency.
  • Driven by its robust long-term accumulated advantages in China's supply chain, PCBAI has innovatively built a cloud manufacturing network led by AIoT, helping customers reduce costs while ensuring efficient production.
  • As an advanced one-stop PCBA manufacturing platform, PCBAI links resources by a flexible manufacturing system, and creates customized production with digital collaboration, providing global customers with the whole process of manufacturing and supply chain services fromprototypetomassproduction.For more information about PCBAI please visit http://www.pcbai.com

Canaan Inc. Reports Unaudited Third Quarter 2022 Financial Results

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Monday, November 14, 2022

BEIJING, Nov. 14, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended September 30, 2022.

Key Points: 
  • BEIJING, Nov. 14, 2022 /PRNewswire/ -- Canaan Inc. (NASDAQ: CAN) ("Canaan" or the "Company"), a leading high-performance computing solutions provider, today announced its unaudited financial results for the three months ended September 30, 2022.
  • In the product revenue segment, AI revenue increased from RMB1.6 million in the second quarter of 2022 to RMB2.4 million (US$0.3 million) in the third quarter of 2022.
  • Impairment on cryptocurrencyin the third quarter of 2022 was RMB11.3million (US$1.6million), compared to RMB30.0 million in the second quarter of 2022 and nil in the same period of 2021.
  • Eastern Time on November 14, 2022 (or 8:00 P.M. Beijing Time on the same day) to discuss the financial results.

Legend Capital Portfolio Company Atour Successfully Lists on Nasdaq

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Sunday, November 13, 2022

HONG KONG, Nov 13, 2022 - (ACN Newswire) - On the evening of November 11, Beijing time, Legend Capital portfolio company Atour Lifestyle Holdings Limited ("Atour") was officially listed on the Nasdaq Stock Exchange in the United States.

Key Points: 
  • HONG KONG, Nov 13, 2022 - (ACN Newswire) - On the evening of November 11, Beijing time, Legend Capital portfolio company Atour Lifestyle Holdings Limited ("Atour") was officially listed on the Nasdaq Stock Exchange in the United States.
  • Founded in 2013, Atour is a leading hospitality and lifestyle company in China with a distinct portfolio of lifestyle hotel brands, such as A.T. HOUSE, Atour S, ZHOTEL, Atour Hotel, Atour X and Atour Light, as well as scenario-based retail brands, including Atour Market.
  • As an important institutional investor and close partner of Atour, Legend Capital led the investment in Atour in 2016, and continued to make additional investments in Atour's subsequent financing rounds in 2017 and 2021.
  • Legend Capital said: " The past nine years have witnessed Atour's continuous development since its first hotel opening in 2013.

Alibaba’s 2022 11.11 Global Shopping Festival Facilitates Quality Growth for Brands and Merchants

Retrieved on: 
Friday, November 11, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221111005492/en/
    Alibabas 2022 11.11 Global Shopping Festival facilitated quality growth for participating brands and merchants.
  • We thank all our participating merchants and partners of our ecosystem for working with us to deliver another 11.11 Global Shopping Festival that demonstrates a steady, promising growth trajectory.
  • The 11.11 Global Shopping Festival began in 2009 with participation from just 27 merchants as an event for merchants and consumers to raise awareness about the value of online shopping.
  • For the latest news and updates on the 2022 11.11 Global Shopping Festival, please visit: https://www.alizila.com/
    Alibaba Groups mission is to make it easy to do business anywhere.