GUANGDONG

EHang Announces Appointment of Co-Chief Operating Officer

Retrieved on: 
Tuesday, April 9, 2024

Mr. Wang will be in charge of EHang’s business operations, with a focus on business development, product sales, marketing, commercial operations for UAM services.

Key Points: 
  • Mr. Wang will be in charge of EHang’s business operations, with a focus on business development, product sales, marketing, commercial operations for UAM services.
  • He will report to Mr. Huazhi Hu, the Founder, Chairman and CEO of EHang.
  • Prior to joining EHang, Mr. Wang worked for Antaeus Group, a Chinese group enterprise with cross-industry services in resort, film and art, as the Chief Executive Officer (“CEO”) of Mangrove Tree Technology Group from June 2020 to March 2024.
  • We look forward to working closely with Mr. Wang in accelerating our growth into a new stage.”
    Mr. Zhao Wang, Co-COO of EHang, commented, “I am delighted to join EHang as the Co-COO.

EHang Secures Production Certificate from CAAC, Clearing Path for Mass Production of EH216-S Pilotless eVTOL Aircraft

Retrieved on: 
Sunday, April 7, 2024

Following the groundbreaking obtaining of the Type Certificate (“TC”) and the Standard Airworthiness Certificate (“AC”) for the EH216-S, this remarkable achievement is another significant leap towards mass production for the eVTOL aircraft and the following commercial operations.

Key Points: 
  • Following the groundbreaking obtaining of the Type Certificate (“TC”) and the Standard Airworthiness Certificate (“AC”) for the EH216-S, this remarkable achievement is another significant leap towards mass production for the eVTOL aircraft and the following commercial operations.
  • The PC is a critical certificate issued by the national aviation authority, the CAAC, to the aircraft manufacturer.
  • Securing this certificate indicates that EHang has established a mass production quality management system that meets the CAAC’s airworthiness regulatory requirements, and the Company has been authorized for continued mass production.
  • The mass production quality management system for the EH216-S encompasses raw materials, supplier management, production organization, production quality control, aircraft pre-delivery test, after-sales repair and maintenance, etc.

HPH Announces Change of Independent Auditor

Retrieved on: 
Tuesday, April 2, 2024

GUANGZHOU, China, April 02, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ: HPH) (“HPH” or the “Company”), today announced that with approval from the audit committee and the board of directors (the “Board”) of the Company, it has changed its independent auditor from Marcum Asia CPAs LLP (“Marcum Asia” or the “Former Auditor”) to Deloitte Touche Tohmatsu Certified Public Accountants LLP (“Deloitte” or the “Successor Auditor”) effective March 29, 2024.

Key Points: 
  • GUANGZHOU, China, April 02, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ: HPH) (“HPH” or the “Company”), today announced that with approval from the audit committee and the board of directors (the “Board”) of the Company, it has changed its independent auditor from Marcum Asia CPAs LLP (“Marcum Asia” or the “Former Auditor”) to Deloitte Touche Tohmatsu Certified Public Accountants LLP (“Deloitte” or the “Successor Auditor”) effective March 29, 2024.
  • None of “reportable events”, as that term is described in Item 16F(a)(1)(v) of Form 20-F, occurred within the two fiscal years of the Company ended June 30, 2022 and 2023 and subsequently up to the date of dismissal.
  • The Board would like to express its sincere gratitude to Marcum for its professionalism and quality of services rendered to the Company over the past years.
  • The Company is working closely with Deloitte and Marcum to ensure a seamless transition.

Aurora Mobile Partners with Moonshot AI to Provide Messaging Services and Verification Services for Kimi App

Retrieved on: 
Monday, April 1, 2024

SHENZHEN, China, April 01, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced that it has signed a strategic agreement with Beijing Moonshot AI Technology Co., Ltd. (“Moonshot AI”), a leading artificial general intelligence (AGI) company in China, to provide intelligent messaging services and verification services for Moonshot AI’s smart assistant app Kimi.

Key Points: 
  • SHENZHEN, China, April 01, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced that it has signed a strategic agreement with Beijing Moonshot AI Technology Co., Ltd. (“Moonshot AI”), a leading artificial general intelligence (AGI) company in China, to provide intelligent messaging services and verification services for Moonshot AI’s smart assistant app Kimi.
  • The partnership reflects Moonshot AI's high recognition of Aurora Mobile's robust and highly reliable technical capabilities and services.
  • Both companies have high expectations and strong confidence that this cooperation will create further opportunities in the field of AGI.

Burning Rock Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 28, 2024

Precision oncology diagnostics product supports advancement in late-stage breast cancer treatment, with results published in the New England Journal of Medicine in June 2023.

Key Points: 
  • Precision oncology diagnostics product supports advancement in late-stage breast cancer treatment, with results published in the New England Journal of Medicine in June 2023.
  • Total value of new contracts entered into during 2023 amounted to RMB310 million, representing a 24% increase from 2022.
  • Revenues were RMB121.1 million (US$17.1 million) for the three months ended December 31, 2023, representing a 14.9% decrease from RMB142.2 million for the same period in 2022.
  • Burning Rock will host a conference call to discuss the fourth quarter and full year 2023 financial results at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Hong Kong time) on March 29, 2024.

Highest Performances Announces Acquisition of an AI Humanoid Robot Hardware Manufacturer

Retrieved on: 
Thursday, March 28, 2024

Pursuant to the Supplementary Agreement II, the Company will acquire 77.5% of the equity interests in Singapore White Lingjun Pte.

Key Points: 
  • Pursuant to the Supplementary Agreement II, the Company will acquire 77.5% of the equity interests in Singapore White Lingjun Pte.
  • In exchange, the Company will issue an aggregate of 20,758,929 American Depositary Shares (“ADSs”), equivalent to 31,138,394 ordinary shares of the Company, to White Group.
  • Ltd. has been dedicated to developing and manufacturing world-class quality, affordable artificial intelligence (“AI”) Humanoid hardware products with proprietary technology since 2014.
  • Singapore Lingjun’s Al Humanoid are crafted using advanced medical procedures, such as skin texture simulation technology, to provide hyper-realistic touch and feel.

XPENG announces ASEAN partnerships in Thailand and Featured at the 45th Bangkok International Motor Show

Retrieved on: 
Monday, March 25, 2024

As part of XPENG's international expansion plans, a growing list of new partners from XPENG's strategic markets have joined XPENG in bringing the brand’s latest smart EVs to local consumers, including Premium Automobiles from Singapore, and Bermaz Auto from Malaysia.

Key Points: 
  • As part of XPENG's international expansion plans, a growing list of new partners from XPENG's strategic markets have joined XPENG in bringing the brand’s latest smart EVs to local consumers, including Premium Automobiles from Singapore, and Bermaz Auto from Malaysia.
  • The XPENG global market strategy focuses on establishing partnerships with local importers/dealers to create a first-class distribution, sales, and service network in various regions.
  • XPENG will offer the G6 SUV in Thailand, Singapore, and Malaysia, and start delivering from Q3 2024.
  • Developed for global markets, the G6 is underpinned by XPENG’s evolutionary Smart Electric Platform Architecture (SEPA) 2.0 platform, which sets the foundation for future production models while shortening development cycles and reducing manufacturing costs.

Aurora Mobile’s GPTBots.AI to Team up with Moonshot AI

Retrieved on: 
Monday, March 25, 2024

SHENZHEN, China, March 25, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced it has plans to use Moonshot AI large language model (“LLM”) in its AI bot creation platform, GPTBots.AI.

Key Points: 
  • SHENZHEN, China, March 25, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced it has plans to use Moonshot AI large language model (“LLM”) in its AI bot creation platform, GPTBots.AI.
  • Mr. Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile, commented, “We are thrilled to witness the great achievements and advanced capabilities made by Moonshot AI team.
  • Our GPTBots.AI team is currently exploring the possibility of making Moonshot AI LLM available as part of the LLMs options on the GPTBots.AI platform.
  • I believe this will provide greater access of different LLMs to our global users and will no doubt improve GPTBots.AI new users acquisition and higher usage in the near future.”

EHang Announces Japan's First UAM Center in Tsukuba

Retrieved on: 
Friday, March 22, 2024

GUANGZHOU, China, March 22, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced today that Japan's first UAM Center has been established in Tsukuba City, Ibaraki Prefecture.

Key Points: 
  • GUANGZHOU, China, March 22, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading urban air mobility (“UAM”) technology platform company, announced today that Japan's first UAM Center has been established in Tsukuba City, Ibaraki Prefecture.
  • This UAM center is a milestone in Japan's advanced air mobility industry.
  • (During the inauguration ceremony of UAM Center, EH216-S completed its debut flight in the Kanto region in Japan.)
  • The establishment of the UAM Center is the result of a strategic partnership between EHang and AirX Inc. (“AirX”), a leading Japanese air mobility digital platform company.

Huize Holding Limited Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results

Retrieved on: 
Wednesday, March 20, 2024

SHENZHEN, China, March 20, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • SHENZHEN, China, March 20, 2024 (GLOBE NEWSWIRE) -- Huize Holding Limited (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading insurance technology platform connecting consumers, insurance carriers and distribution partners digitally through data-driven and AI-powered solutions in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023.
  • Mr. Cunjun Ma, Founder and CEO of Huize, said, “We are very pleased to report our fifth consecutive quarter of profitability, with net profit of RMB18.0 million and non-GAAP net profit of RMB16.4 million in the fourth quarter of 2023.
  • Operating revenue was RMB236.0 million (US$33.2 million) in the fourth quarter of 2023, a decrease of 8.7% from RMB258.4 million in the same period of 2022.
  • Net profit in the fourth quarter of 2023 was RMB18.0 million (US$2.5 million), up 120.1% from RMB8.2 million in the same period of 2022.