Kunlun Mountains

Opera Declares Upcoming Cash Dividend of $0.40 per ADS Under its Recurring Dividend Program

Retrieved on: 
Tuesday, December 12, 2023

Opera's next semi-annual dividend under its recurring dividend program, which was announced in June 2023, will be $0.40 per ADS.

Key Points: 
  • Opera's next semi-annual dividend under its recurring dividend program, which was announced in June 2023, will be $0.40 per ADS.
  • The aggregate amount of this initial dividend is approximately $35 million, based on a total of 87.5 million ADS equivalents outstanding as of November 30, 2023.
  • Opera's cash expense will, however, be limited to approximately $9.9 million, which relates to holders of ADSs only.
  • Future dividend payments on Kunlun's ordinary shares in Opera will also be offset until the StarX receivable with interest is fully satisfied.

Ampace unveils Kunlun series energy storage solutions with groundbreaking 15,000 life cycle at RE+

Retrieved on: 
Friday, September 15, 2023

This accomplishment also doubles the lifespan of lithium batteries in energy storage systems, aligning with the 20-year lifespan of photovoltaic equipment.

Key Points: 
  • This accomplishment also doubles the lifespan of lithium batteries in energy storage systems, aligning with the 20-year lifespan of photovoltaic equipment.
  • The company introduced a range of accompanying battery cabinets and modules based on the15,000-cycle long life cycle technology.
  • Zhu Yansong, the President of Ampace Energy Storage System Division, stated: "Ampace has been deeply involved in the global energy storage market for many years.
  • In the North American region, Ampace has already established a strong presence in multiple application scenarios including commercial & industrial energy storage, residential energy storage, UPS, and telecom energy storage systems. "

Ampace unveils Kunlun series energy storage solutions with groundbreaking 15,000 life cycle at RE+

Retrieved on: 
Friday, September 15, 2023

The Kunlun series batteries offer more than double the throughput of conventional cells, boasting a cycle life that exceeds 15,000 cycles, while maintaining over 80% SOH after 15,000 cycles and over 70% SOH after 20,000 cycles.

Key Points: 
  • The Kunlun series batteries offer more than double the throughput of conventional cells, boasting a cycle life that exceeds 15,000 cycles, while maintaining over 80% SOH after 15,000 cycles and over 70% SOH after 20,000 cycles.
  • This accomplishment also doubles the lifespan of lithium batteries in energy storage systems, aligning with the 20-year lifespan of photovoltaic equipment.
  • Zhu Yansong, the President of Ampace Energy Storage System Division, stated: "Ampace has been deeply involved in the global energy storage market for many years.
  • In the North American region, Ampace has already established a strong presence in multiple application scenarios including commercial & industrial energy storage, residential energy storage, UPS, and telecom energy storage systems. "

Ampace will showcase new energy storage products at North America's premier solar power exhibition RE+, ushering in a new era of global energy storage batteries with "long-cycle" capabilities

Retrieved on: 
Monday, September 4, 2023

This endeavor aligns seamlessly with the global trend towards zero-carbon targets and the advancements in Virtual Power Plants (VPPs).

Key Points: 
  • This endeavor aligns seamlessly with the global trend towards zero-carbon targets and the advancements in Virtual Power Plants (VPPs).
  • Ultimately, this event will mark the dawn of a new era for worldwide energy storage systems, underscoring the significance of "long-cycle".
  • This achievement marks a pioneering advancement in battery lifespan, surpassing the 20-year mark for commercial & industrial energy storage applications, as well as residential energy storage batteries.
  • Within the North American realm, Ampace has forged an extensive array of application scenarios, spanning from commercial & industrial energy storage to residential energy storage, UPS, and telecom energy storage system solutions.

Ampace will showcase new energy storage products at North America's premier solar power exhibition RE+, ushering in a new era of global energy storage batteries with "long-cycle" capabilities

Retrieved on: 
Monday, September 4, 2023

This endeavor aligns seamlessly with the global trend towards zero-carbon targets and the advancements in Virtual Power Plants (VPPs).

Key Points: 
  • This endeavor aligns seamlessly with the global trend towards zero-carbon targets and the advancements in Virtual Power Plants (VPPs).
  • Ultimately, this event will mark the dawn of a new era for worldwide energy storage systems, underscoring the significance of "long-cycle".
  • This achievement marks a pioneering advancement in battery lifespan, surpassing the 20-year mark for commercial & industrial energy storage applications, as well as residential energy storage batteries.
  • Within the North American realm, Ampace has forged an extensive array of application scenarios, spanning from commercial & industrial energy storage to residential energy storage, UPS, and telecom energy storage system solutions.

Opera Provides Certain Clarifications in Connection with its Form F-3 Filing

Retrieved on: 
Monday, July 17, 2023

Opera observed reactions to the Shelf Filing, and wishes to make certain clarifications.

Key Points: 
  • Opera observed reactions to the Shelf Filing, and wishes to make certain clarifications.
  • A Shelf Filing does not constitute an actual sale or issuance of Opera stock.
  • The current Shelf Filing replaces Opera's expired prior Shelf Filing, which was filed in September 2019.
  • Opera has received the letter attached hereto as Exhibit A from its shareholder Kunlun Tech Limited ("Kunlun") relating to its considerations in connection with the Shelf Filing.

Opera Announces Adoption of a Recurring Cash Dividend Program and Initial Semi-Annual Dividend of $0.40 per ADS

Retrieved on: 
Wednesday, June 14, 2023

Lin Song, Co-CEO, commented: "Opera has a proven track record of driving profitable growth, and we remain disciplined in generating healthy cash flows.

Key Points: 
  • Lin Song, Co-CEO, commented: "Opera has a proven track record of driving profitable growth, and we remain disciplined in generating healthy cash flows.
  • Establishing a regular, recurring dividend enables Opera to continue sharing the benefits of a scaling business with its shareholders."
  • Opera's first semi-annual dividend under the program will be $0.40 per ADS.
  • The aggregate amount of this initial dividend is approximately $36 million, based on a total of 89.9 million ADS equivalents outstanding as of May 31, 2023.

Kunlun Opened a New Chapter for Ampace to Fully Seize the Opportunity in the Era of Energy Storage

Retrieved on: 
Wednesday, May 31, 2023

Meanwhile, the demand for energy storage is increasing, and the era of PV power and energy storage collaboration is also accelerating.

Key Points: 
  • Meanwhile, the demand for energy storage is increasing, and the era of PV power and energy storage collaboration is also accelerating.
  • At the new product launch event theming "Intelligent Energy Storage, Gather in Ampace", Ampace introduced the Kunlun Series Super Long-cycling Lithium Cells (15,000 Cycles), which have revolutionized lithium battery industry by redefining standards for the lifespan of energy storage battery.
  • In particular, as one of the key markets Ampace stresses, it takes up over 30% of global market share in residential energy storage.
  • Ampace is committed to building itself into the core driving force to advance the upgrade in the experience of energy storage products.

iQIYI North America Presents Second Annual Content Showcase to Highlight Original C-Content

Retrieved on: 
Thursday, August 11, 2022

BEIJING, Aug. 11, 2022 /PRNewswire/ -- iQIYI, an innovative market-leading online entertainment service in China, hosted its second North America Annual Content Showcase on Aug. 10, an event which serves to highlight the company's commitment to providing more high-quality, original C-Content (Chinese-language content) to viewers.

Key Points: 
  • BEIJING, Aug. 11, 2022 /PRNewswire/ --iQIYI, an innovative market-leading online entertainment service in China, hosted its second North America Annual Content Showcase on Aug. 10, an event which serves to highlight the company's commitment to providing more high-quality, original C-Content (Chinese-language content) to viewers.
  • As a result, over the next two years, iQIYI will invest in the production of over 200 original Chinese-language content to meet the diverse demands of its global audience."
  • iQIYI is well-known amongst Generation Z in North America, and continues to introduce content suiting the interest of young adult and teen audiences.
  • Content on iQIYI International comes with subtitles in more than ten languages, a testament to iQIYI's longstanding commitment to promoting Asian content globally.

iQIYI Releases 213 New Titles, Providing Users with Inspirational Content

Retrieved on: 
Friday, May 20, 2022

iQIYI believes that integrating content with innovation will drive the future of the entertainment industry.

Key Points: 
  • iQIYI believes that integrating content with innovation will drive the future of the entertainment industry.
  • iQIYI remains dedicated to creating high-quality content that grows with the viewers.
  • In addition, the wide range of genres that the new content delivers will enable iQIYI to meet the increasingly diverse preferences of audiences.
  • Going forward, iQIYI will continue to invest its resources in producing original content and meeting the diverse needs of its audiences by providing a wide selection of content that span different genres.