CNY

The XTransfer App globally launches for Android and iOS, download and sign in now

Retrieved on: 
Wednesday, March 13, 2024

said Bill Deng, Founder and CEO of XTransfer, sharing this exciting news during the Web Summit Qatar.

Key Points: 
  • said Bill Deng, Founder and CEO of XTransfer, sharing this exciting news during the Web Summit Qatar.
  • Based on customers' needs, XTransfer App addresses several key pain points.
  • Actually, if both the seller and the buyer parties are XTransfer users, they can transfer funds between accounts with zero remittance fees.
  • The app is free and now available for all new and existing XTransfer users, click here to download on Google Play or App Store .

XPENG Announces Vehicle Delivery Results for February 2024

Retrieved on: 
Friday, March 1, 2024

GUANGZHOU, China, March 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for February 2024.

Key Points: 
  • GUANGZHOU, China, March 01, 2024 (GLOBE NEWSWIRE) -- XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for February 2024.
  • In February 2024, XPENG delivered 4,545 Smart EVs.
  • On February 29, 2024, XPENG announced the rollout of unlimited XNGP ADAS function for its experienced ADAS users in China.
  • During the period from January 26 to February 26, XPENG owners’ total smart driving mileage hit 69,777,180 kilometers.

SF Intra-city Delivery Orders of Beverages Skyrocket over 5 times During Chinese New Year Festivities

Retrieved on: 
Thursday, February 22, 2024

The delivery orders from supermarkets and chain convenience stores increased by 130% year-on-year ("YoY"), delivery orders of beverages increased by 5.3 times YoY.

Key Points: 
  • The delivery orders from supermarkets and chain convenience stores increased by 130% year-on-year ("YoY"), delivery orders of beverages increased by 5.3 times YoY.
  • This highlights the Group's role as a third-party on-demand delivery service platform, capable of processing orders across all channels, thereby demonstrating its unique value.
  • As consumers increasingly value the experience of holiday rituals, many chose to order gifts online, relying on services like SF Intracity for prompt and reliable delivery.
  • SF Intracity's innovative initiatives extended to efficiently fulfilling orders during the combined Chinese New Year and Valentine's Day celebrations.

SI GROUP ANNOUNCES STRATEGIC PARTNERSHIP WITH LIAONING DINGJIDE PETROCHEMICAL CO., LTD. FOR CERTAIN PRODUCTS IN CHINA

Retrieved on: 
Thursday, February 22, 2024

THE WOODLANDS, Texas, Feb. 21, 2024 /PRNewswire/ -- SI Group, a leading global developer and manufacturer of performance additives, process solutions, pharmaceuticals and chemical intermediates, announced today a long-term supply partnership with Liaoning Dingjide Petrochemical Co., Ltd. (Dingjide) 603255:CHShanghai (CNY), a Chinese-based manufacturer of additives and other specialty chemicals. Through this partnership, Dingjide will manufacture certain SI Group products in China as a co-producer. As a result of the supply agreement, SI Group will cease manufacturing operations at its Jinshan, China manufacturing facility and list the property and associated legal entity for sale.

Key Points: 
  • Through this partnership, Dingjide will manufacture certain SI Group products in China as a co-producer.
  • As a result of the supply agreement, SI Group will cease manufacturing operations at its Jinshan, China manufacturing facility and list the property and associated legal entity for sale.
  • Under terms of the agreement, SI Group will continue to offer these products to customers in China and will distribute and sell these materials outside of China.
  • SI Group will seek to relocate its research and development facilities currently located in Jinshan and will continue to operate its remaining offices and manufacturing facility in China.

SI GROUP ANNOUNCES STRATEGIC PARTNERSHIP WITH LIAONING DINGJIDE PETROCHEMICAL CO., LTD. FOR CERTAIN PRODUCTS IN CHINA

Retrieved on: 
Thursday, February 22, 2024

THE WOODLANDS, Texas, Feb. 22, 2024 /PRNewswire/ -- SI Group, a leading global developer and manufacturer of performance additives, process solutions, pharmaceuticals and chemical intermediates, announced today a long-term supply partnership with Liaoning Dingjide Petrochemical Co., Ltd. (Dingjide) 603255:CHShanghai (CNY), a Chinese-based manufacturer of additives and other specialty chemicals. Through this partnership, Dingjide will manufacture certain SI Group products in China as a co-producer. As a result of the supply agreement, SI Group will cease manufacturing operations at its Jinshan, China manufacturing facility and list the property and associated legal entity for sale.

Key Points: 
  • Through this partnership, Dingjide will manufacture certain SI Group products in China as a co-producer.
  • As a result of the supply agreement, SI Group will cease manufacturing operations at its Jinshan, China manufacturing facility and list the property and associated legal entity for sale.
  • Under terms of the agreement, SI Group will continue to offer these products to customers in China and will distribute and sell these materials outside of China.
  • SI Group will seek to relocate its research and development facilities currently located in Jinshan and will continue to operate its remaining offices and manufacturing facility in China.

iQIYI Reports Booming Viewing Time Across Diverse Content, AI Search Usage Skyrockets by 470%

Retrieved on: 
Monday, February 19, 2024

BEIJING, Feb. 19, 2024 /PRNewswire/ -- On February 19, iQIYI, an innovative market-leading online entertainment service in China, has released its report detailing the performance during the Chinese New Year (CNY) holiday period (Feb. 9 - Feb. 15), marking a period of remarkable growth and success. The data highlights a 175% increase in variety shows viewing time during the holiday compared to the pre-holiday period, and a nearly 400% viewing time surge of the hit drama Always on the Move, along with a 470% increase in AI search usage.

Key Points: 
  • The data highlights a 175% increase in variety shows viewing time during the holiday compared to the pre-holiday period, and a nearly 400% viewing time surge of the hit drama Always on the Move, along with a 470% increase in AI search usage.
  • For the fifth consecutive year, iQIYI has dominated the CNY holiday season with its highly anticipated drama series.
  • The data shows a remarkable 470% increase in AI search usage during the holiday period.
  • This surge in cultural tourism activities has concurrently boosted the viewing time of original drama series, resulting in an 11.2% increase in viewing time on iQIYI.

China Outbound and Inbound Tourism Spending Rebounds on Ant Group's Cross-Border Merchant Networks During Chinese New Year Break

Retrieved on: 
Saturday, February 17, 2024

A global campaign has been in full swing on the Alipay+ merchant network since December 2023 to attract Chinese tourists.

Key Points: 
  • A global campaign has been in full swing on the Alipay+ merchant network since December 2023 to attract Chinese tourists.
  • While traditional Asia favorites keep their enthusiastic following, more distant destinations in Europe, ANZ, the Middle East and North America are also picking up in Chinese traveler spending.
  • Hong Kong SAR, Japan, Macao SAR, Thailand, Malaysia, Singapore, South Korea, France, Australia and Canada are the top destinations for Chinese travelers by their Alipay spending.
  • Chinese restaurants, tourist attractions and public transportation are the most popular use cases for international visitors traveling in China and experiencing the festival.

NIO Capital Completes the Second RMB Fund at Over 3 Billion Yuan

Retrieved on: 
Monday, February 5, 2024

SHANGHAI, Feb. 5, 2024 /PRNewswire/ -- NIO Capital has successfully completed its second Renminbi fund, raising over CNY 3 billion.

Key Points: 
  • SHANGHAI, Feb. 5, 2024 /PRNewswire/ -- NIO Capital has successfully completed its second Renminbi fund, raising over CNY 3 billion.
  • The Limited Partner (LP) investors participating in the fund comprise RMB guidance funds, national-level funds, family offices and listed companies.
  • Ian Zhu, Managing Partner at NIO Capital, said: "We are thrilled about the completion of RMB Fund II.
  • Established in 2016, NIO Capital has raised five funds, including three in US dollars and two in RMB, bringing the total Asset Under Management (AUM) to 15 billion RMB.

Frost & Sullivan Co-Published Recombinant Type XVII Collagen Whitepaper with Trautec

Retrieved on: 
Thursday, January 25, 2024

Shanghai, China--(Newsfile Corp. - January 25, 2024) -  Frost & Sullivan and Trautec has conducted extensive investigation across the recombinant type xvii collagen and recombinant type XVII collagen industry chain, and co-published Recombinant Type XVII Collagen Whitepaper, which focuses on the recombinant type xvii collagen and recombinant type XVII collagen industry in China as well as new growth opportunities.

Key Points: 
  • Shanghai, China--(Newsfile Corp. - January 25, 2024) -  Frost & Sullivan and Trautec has conducted extensive investigation across the recombinant type xvii collagen and recombinant type XVII collagen industry chain, and co-published Recombinant Type XVII Collagen Whitepaper, which focuses on the recombinant type xvii collagen and recombinant type XVII collagen industry in China as well as new growth opportunities.
  • (To read the Recombinant Type XVII Collagen Whitepaper, go here: https://hub.frost.com/recombinant-type-xvii-collagen/ .)
  • In the process of skin wound repair, type XVII collagen plays a vital role by influencing the migration, proliferation, and differentiation of stem cells.
  • Recombinant Type XVII Collagen Whitepaper highlights the following:
    Recombinant Type XVII Collagen's Biological Functionality(safety, cell adhesion, anti-wrinkle effect, anti-hair loss effect, etc.

Celebrate Chinese New Year in Hong Kong Like a Local: Experience Little-known Festive Traditions and Can’t-Miss Events

Retrieved on: 
Wednesday, January 17, 2024

For tourists looking to visit Hong Kong during the festivities, here are a few ways to celebrate Chinese New Year like a local.

Key Points: 
  • For tourists looking to visit Hong Kong during the festivities, here are a few ways to celebrate Chinese New Year like a local.
  • It has seen an explosion of popularity in recent years, especially during the Chinese New Year period.
  • With distinct customs attached to these walled villages, you can expect a fascinating glimpse into the authentic way villagers celebrate Chinese New Year!
  • Tourists can also easily purchase dried seafood products all in one place at major retail stores in Hong Kong.