CNY

Tongwei Group Made its Debut on Fortune Global 500 List

Retrieved on: 
Friday, August 4, 2023

CHENGDU, China, Aug. 4, 2023 /PRNewswire/ -- On August 2, the 2023 Fortune Global 500 list was officially released.

Key Points: 
  • CHENGDU, China, Aug. 4, 2023 /PRNewswire/ -- On August 2, the 2023 Fortune Global 500 list was officially released.
  • Tongwei Group made its debut on the list with a revenue of CNY 2148.82 billion and ranked 476th, becoming the first photovoltaic company in the world to enter the Fortune Global 500.
  • The inclusion of Tongwei Group in the Fortune Global 500 marks its formal entry into the "club" of global giant enterprises and signifies the firm commitment to comprehensive internationalization.
  • As a global leader in high-purity polysilicon and solar cells, Tongwei Group currently holds the largest global market share in high-purity polysilicon production and sales.

Tradeweb Reports Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, July 27, 2023

Credit – Revenues of $84.0 million in the second quarter of 2023 increased 0.1% compared to prior year period (the same percentage increase on a constant currency basis).

Key Points: 
  • Credit – Revenues of $84.0 million in the second quarter of 2023 increased 0.1% compared to prior year period (the same percentage increase on a constant currency basis).
  • Equities – Revenues of $22.1 million in the second quarter of 2023 decreased 2.3% compared to prior year period (2.9% decrease on a constant currency basis).
  • See “Non-GAAP Financial Measures” for additional information
    During the second quarter of 2023, as part of its share repurchase program, Tradeweb purchased 107,365 shares of Class A common stock, at an average price of $70.81, for purchases totaling $7.6 million.
  • Tradeweb Markets will hold a conference call to discuss second quarter 2023 results starting at 9:30 AM EDT today, July 27, 2023.

Kyriba’s Quarterly Currency Impact Report: Multinationals’ FX Headwinds Wipe Out $22B in Revenue

Retrieved on: 
Tuesday, July 18, 2023

Total quantified currency impacts plummeted $9B since the last quarter, and for the first time since 2021, the average negative impact to corporations also dropped.

Key Points: 
  • Total quantified currency impacts plummeted $9B since the last quarter, and for the first time since 2021, the average negative impact to corporations also dropped.
  • “This quarter’s report shows EPS impact reported by North American companies was $0.06, six times greater than the industry standard MBO of less than $0.01 EPS impact.
  • The average earnings per share (EPS) impact reported by publicly traded North American companies in Q1 2023 was $0.06.
  • To learn more about FX impacts to specific industries and which currencies were most impactful to multinationals, download the July 2023 Kyriba Currency Impact Report here .

South Korea projected to sell over 3 Million Digital Locks by 2027: Ken Research

Retrieved on: 
Tuesday, July 11, 2023

The quantity of personal information and transaction data that all Chinese firms have on hand is growing.

Key Points: 
  • The quantity of personal information and transaction data that all Chinese firms have on hand is growing.
  • Sensitive data is frequently exposed due to organizational system weaknesses, making these firms the prime targets of cyberattacks.
  • Thus, these devices could be prime targets for hackers to obtain usernames and passwords and access other confidential information.
  • Philippines' electronic security market is expected to witness phenomenal growth across all industry verticals driven by the growing awareness among the domestic population.

South Korea projected to sell over 3 Million Digital Locks by 2027: Ken Research

Retrieved on: 
Tuesday, July 11, 2023

The quantity of personal information and transaction data that all Chinese firms have on hand is growing.

Key Points: 
  • The quantity of personal information and transaction data that all Chinese firms have on hand is growing.
  • Sensitive data is frequently exposed due to organizational system weaknesses, making these firms the prime targets of cyberattacks.
  • Thus, these devices could be prime targets for hackers to obtain usernames and passwords and access other confidential information.
  • Philippines' electronic security market is expected to witness phenomenal growth across all industry verticals driven by the growing awareness among the domestic population.

Queclink Boosts Production Capacity by 30% with New Manufacturing Facility

Retrieved on: 
Thursday, July 6, 2023

SHANGHAI, July 6, 2023 /PRNewswire/ -- Queclink, the world's leading IoT device manufacturer and solution provider, is rapidly ramming up its manufacturing capacity as its partner-owned factory upgrades their facility for additional production lines in Vietnam.

Key Points: 
  • SHANGHAI, July 6, 2023 /PRNewswire/ -- Queclink, the world's leading IoT device manufacturer and solution provider, is rapidly ramming up its manufacturing capacity as its partner-owned factory upgrades their facility for additional production lines in Vietnam.
  • Fulfilling the qualifications for the three major international standards: ISO9001, ISO14001, and IATF16949, the factory is to provide Queclink with quality manufacturing.
  • The addition of new production lines in Vietnam offers Queclink greater flexibility by reducing reliance on concentrated production locations.
  • By increasing its scale of production, Queclink remains at the forefront of the IoT industry, secures additional capacity for its future growth, and advances its mission of driving a smart, connected world.

Queclink Boosts Production Capacity by 30% with New Manufacturing Facility

Retrieved on: 
Thursday, July 6, 2023

SHANGHAI, July 6, 2023 /PRNewswire/ -- Queclink, the world's leading IoT device manufacturer and solution provider, is rapidly ramming up its manufacturing capacity as its partner-owned factory upgrades their facility for additional production lines in Vietnam.

Key Points: 
  • SHANGHAI, July 6, 2023 /PRNewswire/ -- Queclink, the world's leading IoT device manufacturer and solution provider, is rapidly ramming up its manufacturing capacity as its partner-owned factory upgrades their facility for additional production lines in Vietnam.
  • Fulfilling the qualifications for the three major international standards: ISO9001, ISO14001, and IATF16949, the factory is to provide Queclink with quality manufacturing.
  • With the partner's new facility established in Vietnam, Queclink is able to effectively enhance its production capacity, outpace the rising demand, and take advantage of the growing market, so as to take a leap ahead.
  • The addition of new production lines in Vietnam offers Queclink greater flexibility by reducing reliance on concentrated production locations.

NaaS Completed SPO, from Investors Including Dr. Adrian Cheng and CST Group

Retrieved on: 
Thursday, June 1, 2023

The transaction involved notable investors such as Dr. Adrian Cheng and CST Group (0985.HK), a well-established HK-listed company.

Key Points: 
  • The transaction involved notable investors such as Dr. Adrian Cheng and CST Group (0985.HK), a well-established HK-listed company.
  • This personal investment by Dr. Adrian Cheng is a rare move, indicating his preference for the new energy sector and the company.
  • The current major shareholders of CST Group include Chiu Tao and Cheung Chung Kiu.
  • Overall, NaaS' successful completion of the SPO transaction and the involvement of notable investors such as Dr. Adrian Cheng and CST Group highlights the growing importance of the new energy sector and the potential for exponential growth in the industry.

Yiwugo's Christmas Decorations Sales Boom Amid Hot Summer

Retrieved on: 
Thursday, June 1, 2023

As the summer heat blazes on, savvy buyers in the foreign trade and wholesale industries are already looking ahead to the holiday season.

Key Points: 
  • As the summer heat blazes on, savvy buyers in the foreign trade and wholesale industries are already looking ahead to the holiday season.
  • The index of Yiwugo, a market-oriented platform, shows that the export of Christmas decorations is currently at its peak.
  • Yu Qiaofang, a veteran with 17 years of experience exporting Christmas products, suggested that her company's sales have surpassed last year's by over 110%.
  • Currently, the company's factory in Guangdong is fully dedicated to fulfilling orders for this year's Christmas season.

Clean Energy Technologies Inc. Signs Framework Agreement with A “Top 500 Enterprises of China”

Retrieved on: 
Wednesday, May 24, 2023

COSTA MESA, CA., May 24, 2023 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq CETY) (“CETY” or the “Company”), a clean energy manufacturing and services company, offering eco-friendly green energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia today announced that Clean Energy Technologies (H.K.)

Key Points: 
  • COSTA MESA, CA., May 24, 2023 (GLOBE NEWSWIRE) -- Clean Energy Technologies, Inc. (Nasdaq CETY) (“CETY” or the “Company”), a clean energy manufacturing and services company, offering eco-friendly green energy solutions, clean energy fuels, and alternative electric power for small and mid-sized projects in North America, Europe, and Asia today announced that Clean Energy Technologies (H.K.)
  • Limited (CETY HK), a wholly owned subsidiary and its other subsidiaries signed a framework agreement with SCEI Distributed Energy Systems Co., Ltd. (SDES), a subsidiary of Sichuan Energy Investment Group Co., Ltd. (SCEI), a Top 500 Enterprises in China.
  • Its mission is to accelerate the construction of energy infrastructure projects in Sichuan Province, China.
  • SDES recognizes that CETY’s zero emissions Waste Heat Recovery product, which can improve the energy utilization rate of natural gas distributed energy projects.