online – Asia Tab

ACN Newswire

HKIRA 9th IR Awards 2023 now open for nomination

7 2 月, 2023

HONG KONG, Feb 7, 2023 - (ACN Newswire via SEAPRWire.com) - Hong Kong Investor Relations Association (HKIRA) is pleased to announce that public nomination is now open for the HKIRA 9th IR Awards 2023 (the 'Awards'). This will be the ninth consecutive year of the Awards at which remarkable practices of good IR and corporate governance are recognized among Hong Kong listed companies. Mr Vincent Ching, Managing Director, Head of Intermediaries Business (Asia Pacific) of Value Partners Group, Professor Louis Cheng, Dr. S H Ho Professor of Banking and Finance and the Director of Research Centre for ESG, The Hang Seng University of Hong Kong, Chairman of the Judging Panel, Dr Eva Chan, Founding Chairman of HKIRA and Mr Kevin Leung, Investor Relations Director & Company Secretary of China Resources Beer (Holdings) Company Limited (From left to right).Dr Eva Chan, Founding Chairman of HKIRA, said, "Entering the post-COVID era, it is time for IR professionals to look deeper into how best to improve communications with different stakeholders. COVID has certainly brought about changes to the industry, with increasing focus on ESG, health-consciousness and wellness overall, as well as more effective use of technology in communications between relevant parties. We are glad to see the IR community adapting well to such changes in the market and we look forward to recognizing more listed companies with best practices at this year's Awards."Last year, 167 award entries were received from listed companies, over 790 eligible voters and over 290 voting institutions participated in the voting. 48 winners from various categories were recognized at the Awards. Among the winners, China Resources Beer (Holdings) Company Limited (stock code: 00291), Yue Yuen Industrial (Holdings) Limited (stock code: 00551), and Sa Sa International Holdings Limited (stock code: 00178) were awarded Overall Best IR Company by company size - Large Cap, Mid Cap, and Small Cap - respectively. The HKIRA 9th IR Awards 2023 is once again honoured to have Professor Louis Cheng, Dr. S H Ho Professor of Banking and Finance and the Director of Research Centre for ESG at, The Hang Seng University of Hong Kong, as the Chairman of the Judging Panel. Being an advocate and a researcher of best practice of IR, Professor Cheng has in recent years been promoting the idea of integrating ESG into investors' decisions. ESG-related awards have been added to the HKIRA IR Award categories since 2020. In addition, Professor Cheng has been working with HKIRA to continuously fine-tune the ESG award criteria to better reflect the latest development of ESG requirement in Hong Kong and Asia in order to recognize companies deserving such a recognition.Public nomination for the HKIRA 9th IR Awards 2023 is now open to Hong Kong-listed companies. Nominated individuals and companies will be placed on the online voting list upon confirmation of their participation. The investment community, including buy-side and sell-side analysts, and fund managers, are eligible to vote. Nominees with the highest votes (weighted) in each award category will be shortlisted and then undergo a final assessment by the judging panel. Finally, the Most Progress in IR, the Overall Best IR Company Awards and the Grand ESG Award will be selected by the judging panel. Facilitating a fair and balanced evaluation, the judging panel comprises academics, representatives from professional associations and the investment community.The HKIRA 9th IR Awards 2023 scheme has a total of 15 award categories honouring best IR practices of individuals and companies. Among these awards, 12 categories are open for nomination and voting, while the other 3 awards are selected by the judging panel. The award winners are to be announced at a ceremony to be held in Hong Kong in June 2023. For more information, please visit www.hkira.com/awards. Strategic Public Relations Group is once again proud to be the Official Public Relations Partner and the Diamond Sponsor for the HKIRA IR Awards this year. Please find key dates relating to the Awards with its categories and criteria for selection listed in the Appendix.About HKIRAHong Kong Investor Relations Association (HKIRA) is a non-profit professional association comprising investor relations practitioners and corporate officers responsible for communication between corporate management and the investment community. HKIRA advocates the setting of international standards in IR education, advances the best IR practices and meets the professional development needs of those interested in pursuing the investor relations profession.HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of its members. To date, HKIRA has over 1,200 members most of whom are working for companies primarily listed on the Stock Exchange of Hong Kong. About 64% of the Hang Seng Index Constituent Stock companies are currently members of HKIRA. HKIRA's members are from a wide spectrum of professions including IR, finance, accounting, company secretarial to corporate investment and hold positions at different corporate levels, including top executives responsible for IR and management of listed companies. For more information about HKIRA details, please visit our website http://www.hkira.com.About the IR AwardsThe HKIRA Investor Relations Awards (the "IR Awards") is an annual campaign that aims to encourage, recognize and reward the excellence in investor relations practices by individuals and companies listed in Hong Kong Stock Exchange. Since the launch in 2015, each year the Awards seeks out and highlights the incredible achievements of individuals and companies with high standards in investor relations through their role modelling to the investment community.The Awards ceremony, consisting of a conference in the morning and presentation in the afternoon, is a spectacular gathering of IR specialists and industry professionals that applauds and publicizes the year's achievements in investor relations. For details of the Awards and online nominations, please visit http://www.hkira.com/awards.Key DatesNomination period: 7 February to 13 MarchOnline voting period: 21 March to 27 April Judging Panel Meeting: May 2023Award Presentation: June 2023Award Categories / Recognition / Selection MethodBest IR Company / Company's Achievements / Open for nomination and online votingBest IR Team / Company's Achievements / Open for nomination and online votingBest ESG (E) / Company's Achievements / Open for nomination and online votingBest ESG (S) / Company's Achievements / Open for nomination and online votingBest ESG (G) / Company's Achievements / Open for nomination and online votingBest Investor Meeting / Company's Achievements / Open for nomination and online votingBest Investor Presentation Material / Company's Achievements / Open for nomination and online votingBest Annual Report / Company's Achievements / Open for nomination and online votingBest IR Company for an IPO* / Company's Achievements / Open for nomination and online votingBest IR by Chairman/CEO / Individual's Achievements / Open for nomination and online votingBest IR by CFO / Individual's Achievements / Open for nomination and online votingBest IRO (Investor Relations Officer) / Individual's Achievements / Open for nomination and online votingMost Progress in IR / Demonstration of the most progress in IR in the above areas during 2022 / Selected by Judging PanelOverall Best IR Company Awards / Outstanding and all-round excellence in the above areas / Selected by Judging PanelGrand ESG Award / Overall excellence in all the three areas across ESG / Selected by Judging Panel* Companies which were listed on the Stock Exchange of Hong Kong in 2021 and 2022 are eligible to be nominated for this award.Remarks: All awards will be further categorised by company market capitalisation into Large Cap, Mid Cap, and Small Cap, except Best IR Company for an IPO and Most Progress in IR Awards.Judging Panel (Arranged in alphabetical order of last name)Name / Title / Firms/OrganizationsProfessor Louis Cheng (Chairman of Judging Panel) / Dr. S H Ho Professor of Banking and Finance, Director of the Research Centre for ESG, Director of the Research Institute for Business / The Hang Seng University of Hong KongDato' Seri CHEAH Cheng Hye MAoF / Co-Chairman And Co-Chief Investment Officer / Value Partners GroupMrs Amy Donati / Executive Director and Chief Executive Officer / EDICO Holdings LimitedMs Ashley Khoo, CFA, CPA / Past President and Board Director / CFA Society Hong KongMr Stephen Law / Council Member / Hong Kong Institute of Certified Public AccountantsMr Andrew Look / Independent Non-Executive Director / CITIC Resources Holdings LimitedMs Victoria Mio, CFA, FRM / Head of Equity Research, Asia Pacific / Fidelity InternationalDr Maurice Ngai / General Committee and the Chairman of Membership Services of the Sub-Committees / Chamber of Hong Kong Listed Companies Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Infocus International Relaunches the Highly Recommended Offshore Wind Online Training

6 2 月, 2023

Singapore, Feb 6, 2023 - (ACN Newswire via SEAPRWire.com) - Infocus International Group has announced the new date for Offshore Wind training and it will be commencing live on the 7th of March 2023. A comprehensive online course to one of renewable energy's fastest-growing sectors.A business-focused training designed to provide business developers and investors with an accessible, concise, and comprehensive understanding of the processes and risks involved in creating these capital-intensive and lengthy projects.This course leads attendees through the processes, technologies and financial return and risk considerations for those involved in offshore wind project development. Explanations are provided in clear, business-friendly language accessible to non-engineers. Trends and emerging disruptive technologies, such as floating turbines and integrations with other clean energy solutions, are introduced and placed into context.This online course provides the perfect learning opportunity for those who need a valuable, up-to-the-minute and independent introduction to the fast-growing offshore wind sectorPast attendee from SN Power commented, "Overall this was a very informative masterclass that gave participants an overview of the offshore wind development cycle. The additional material shared by the trainer during and after the session was a nice bonus."Course Sessions1. Developing offshore wind projects2. Constructing offshore wind projects3. Operating & innovating with offshore windAmong the key points to be addressed- Essential offshore wind farm development processes- How are offshore wind projects constructed?- Key delivery risks at various stages in a project?s life- Challenges to consider in operating an offshore wind farm- Key drivers of financing and financial risk & return in offshore wind projects- Essential policy, technology and market trends to consider in forward planning - Status of floating wind, and how it will impact the industry- Other disruptive technology and energy integration trends- Which markets and geographies offer the greatest growth potential?Want to learn more?Simply email to esther@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of event brochure. For more information, please visit www.infocusinternational.com/offshore-wind .About Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services for diverse business communities. We recognise clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights. For more information: www.infocusinternational.com. Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

SeaPRwire

GobizKOREA Releases a Virtual Exhibition Platform – Gobiz Town

2 12 月, 2022

Exhibition of Prospective Products and Provision of Virtual Consultation with Online Virtual Exhibition Hall Seoul, Korea, December 02, 2022 – (SEAPRWire) – GobizKOREA announced the release of ‘Gobiz Town’, a Virtual Exhibition Platform to present domestic small and medium enterprise products to overseas buyers. Gobiz Town View [virtual space designed with digital twin technology, and its scenery changes by four seasons] Gobiz Town is designed to provide a convenient experience to all without the restriction of time and space. It implies the ‘Go-Biz community’ with the exchange of domestic export companies and overseas buyers. With just a simple operation, users can look around the space as if users are strolling along the park. Various virtual halls are prepared for users to visit, such as: Institution Introduction HallExport Products Exhibition HallMetaverse Conference Hall, and Event Hall. Gobiz Town Exhibition Booth & Product Information [Product Details View, Inquiry Sending, and Sample Purchase are all available on a single screen] Overseas buyers can explore the online exhibition full of items like cosmetics and food as if they are at the actual exhibition without any inconvenience of screen transition and loading time. Single click can take buyers to the booth they want by using functions like search companies, maps, and aerial views. Furthermore, once overseas buyers click on the exhibited product in the company booth, they can check various product images, product details, and price. English brochure and video manual are also arranged which enable buyers to send inquiries, request consultations, and purchase a sample product. Gobiz Town can also support 2 types of metaverse conference halls. One is for online consultation between seller and buyer. And the other is for small-scale webinars, which is perfect for the corporate PR & investment attractions. Along with programs like “Follow-up management with trade experts”, “Online export training”, and “Mentoring”, Gobiz will provide users totally new experience in “Trade”. The GobizKOREA project manager stated, ” Based on the user feedback, we will continue to make efforts to share better digital-based exhibition/trade service.” She added, “Starting this online exhibition project, with the infinite potential of Gobiz Town, we will plan, expand, and present various online exhibition contents in cooperation with the local government & institutions moving forward.” Gobiz Town is not only limited to an online virtual space, but also it becomes the opportunity to expand channel from Online to Offline (O2O) for actual exhibitions, supporting for effectiveness in online exports. Media Contact Brand: GobizKOREA Contact: Tahee Kim E-mail: Tahee@Gobizkorea.com Website: https://www.Gobizkorea.com/ Phone: +82-70-4771-5882 SOURCE: GobizKOREA The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

ACN Newswire

Upcoming Event – Hebei (ASEAN) Export Commodities Online Fair 2022

25 11 月, 2022

Beijing, China, Nov 25, 2022 - (ACN Newswire via SEAPRWire.com) - Hebei (ASEAN) Export Commodities Online Fair will be held from 21 Nov.2022 to 30 June 2023 via Global Business Matching Online Platform www.gbmof.com. The Online Fair is hosted by Hebei Provincial Department of Commerce and organized by CMEC International Exhibition Co., Ltd. Hundreds of high-quality Hebei enterprises showcase their products via platform to establish a directly link with the potential buyers from ASEAN who register on the platform and find sales leads for their business. The displaying products are covering the whole category of export products of Hebei Province, such as hardware, building materials, furniture, sanitary ware, transportation equipment and accessories, food and agriculture, consumer products, bio-medicine & medical Devices, etc. Dozens of Hebei enterprises and related industry potential buyers from ASEAN will achieve accurate one on one matchmaking meetings through platform and internet cloud video conference technology.Ms. Pei Shixin, Fist-Level Inspector of Hebei Provincial Department of Commerce delivered a speech for Hebei Export Commodities Online FairAs an economically strong province, Hebei has increasingly closed economic and trade relations with ASEAN. In the first three quarters of 2022, Hebei province's foreign trade with the Association of Southeast Asian Nations gained 32.3 percent year-on-year to approximately 52.9 billion yuan, customs statistics showed. The main commodities that Hebei exports to ASEAN are electro-mechanical products, high-tech products, steel, textile yarns, fabrics and agricultural products, etc. As RCEP takes effect, China-ASEAN trade relations take a new level. Chinese enterprises benefitted a fair deal from membership to the RCEP and the RCEP may boost China's efforts to stabilize foreign trade and investment, promote industrial upgrading, and help the country set up economic and trade rules that are compatible with international standards. High-end demand from overseas markets will also motivate Chinese enterprises to optimize products and services to eventually propel overall industrial upgrades in China. China will spare no effort to roll out measures, including professional online and offline trade matching, to facilitate cooperation with ASEAN.This is the second time that Hebei Provincial Department of Commerce host Hebei (ASEAN) Export Commodities Online Fair to spur trade between Hebei China and ASEAN, in an attempt to minimize the impact of the pandemic on the foreign trade.There are three benefits of attending the online fair:Connect and network with high-quality suppliers and industry potential buyers in real time.Free access to the online fair, but get value.Easy registration and tracking.We hope the event will bring a positive business relationship between Hebei and ASEAN. Anyone who gets ready to join the online fair contact:CMEC International Exhibition Co., Ltd.Email: zhangjq@cmecexpo.comM:0086-15810085600Company: CMEC International Exhibition Co.,Ltd.Contact: Ms. Emera ZhangEmail: zhangjq@cmecexpo.comWebsite: www.gbmof.comTelephone: +8615810085600City: Beijing Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Corinium presents: CISO Healthcare APAC Online

19 9 月, 2022

Singapore, Sep 19, 2022 - (ACN Newswire via SEAPRWire.com) - Exclusively designed for today's healthcare InfoSec leaders to compare their strategies and to learn, network with forward-thinking peers, to discuss how the healthcare industry can use information security to reform and revolutionise the patient experience.Taking place across two days, this online event delivers the content you cannot find anywhere else. Are you ready to accelerate your data and analytics journey?The conference will cover a range of cutting-edge case studies and issues tackled will include data governance, data privacy and consent!CISO Healthcare Online APAC provides the unique opportunity to connect, learn, and do more business, effectively, safely and with confidence.Join us, 22-23 November, for over two action-packed days and the event will bring together infosec leaders from key healthcare providers across the region!2022 Key Themes: - Threats to Healthcare Information Exploring the vulnerabilities of information system in healthcare through case studies and what was done in the past to mitigate risks- Digitalisation of Healthcare Exploring the risks and benefits of digitalisation and virtual care services, and how to deploy them securely- Cybersecurity as a Shared Responsibility Supporting and educating healthcare workers on ways to keep information safe and steps to respond to an attack- Building a Resilience Healthcare Information System Preparing your security plan, process, and governance by taking into account new risks and threats and implementing different strategies to safeguard vulnerabilitiesClaim your FREE place today! We cannot wait to host you online during the event for two days of learning, sharing, and networking!For Further details regarding this event, visit our websitehttps://cisohealthcare.coriniumintelligence.com/ You can contact us at: info@coriniumintel.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

Jefferies maintains Buy rating on Yeahka(09923.HK)

2 9 月, 2022

HONG KONG, Sep 2, 2022 - (ACN Newswire via SEAPRWire.com) - Yeahka, the leading payment-based technology platform in China announced its 2022 interim results in late August. During the period, total revenue climbed 17.1% to RMB1,641.8 million, gross profit rose 52.1% to RMB529.3 million, and gross margin increased from 24.8% to 32.2%."Yeahka's 1H revenue and adjusted EBITDA beat our estimates. Management highlighted multi-channels strategies to embrace in-store e-commerce opportunities and reaffirmed full-year GMV guidance. We expect it to maintain fast growth trend in 2023 due to the huge addressable market ahead. We revise our payment volume assumptions in 2H due to the recent resurgence of the pandemic and estimate take-rate to be better than expected for the full year." Jefferies says in its newly released research report.Jefferies emphasizes that Yeahka is one of the 16 payment service providers with a national bank card acquiring license and mobile phone payment license from the PBOC, which currently has 7.3m active payment service merchants. The payment business provides traffic, merchants and data insights to Yeahka, in particular payment and online marketing services. Backed by its merchants and consumer networks in payment, Yeahka adds value to merchants through SaaS products in digitization, online marketing through DSP platform and fintech services.According to the report, Jefferies maintains its Buy rating with PT of HKD21 on Yeahka based on PEG. It applies a 10% discount to PEG due to uncertainties of macro headwinds and pandemic outbreak, factoring in the recent business developments with a focus on GPV and customer growth, while the support to merchants and investments in new initiatives are important for the long term. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Interactive Energy Storage Online Workshop is Back by Popular Demand

15 7 月, 2022

Singapore, Jul 15, 2022 - (ACN Newswire via SEAPRWire.com) - Infocus International Group has announced the new dates for Energy Storage online workshop which will commence live on 4th October and 12nd December 2022. Energy storage differs from other energy technologies in the breadth and complexity of its addressable market and revenue opportunities. This training course provides a comprehensive, business-focused analysis of these opportunities, allowing attendees to analyse, understand and segment them. While naturally focusing on battery storage, this course also covers the variety of competing storage technologies and describes the wide variety of problems energy storage seeks to solve, at a wide range of deployment sizes and timescales, including key issues around practical project delivery.This course is ideal for those from the investment community and professionals who are working within the power sector in a commercial or business development role. It provides an independent perspective on the competing options, the economic environment in which storage projects operate, and the operational and revenue risks which are important to them.The 4-days training programme provides a clear understanding of why and where storage markets are growing, what could limit this growth and what the future trends will be. So, if attendees are thinking of investing in or developing an energy storage business case, it provides attendees essential grounding in the core issues.Past attendee from Tuas Power Generation shared that, "The course has been informative, very practical and covers a wide range of energy storage technology. It is a good introduction to ESS.""An excellent course. I will without a doubt recommend it to anyone interested in the interplay between energy storage systems, electricity networks and energy markets, policies, procurement and regulations. Trainer's knowledge and group interaction makes the course not only highly informative, but also engaging and fun as we learn how to successfully transition to more environmentally sustainable energy systems," said the past attendee from Department of Energy.Gain a business-focused assessment of energy storage opportunities, competing solutions and project delivery essentials by signing up at www.infocusinternational.com/energystorage-online. Course Sessions1. Battery storage2. Utility-scale applications for power system optimisation3. Decentralization (energy storage at the network edge)4. Long-duration and alternative storage solutionsBenefits of Attending- Gain a clear understanding of energy storage market opportunities & deployment considerations- A core focus on batteries, including clear explanations of the technologies and performance considerations (in language accessible to non-technical people)- Discuss the key project delivery issues for battery storage projects- Review up-to-date examples from around the world and the lessons from them- Understand the competitive playing field and the economic variables that impact energy storage business cases- Stay ahead of trends and emerging solutions, including growth opportunities for longer-duration storage solutionsWant to learn more?Simply email emilia@infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of the event brochure. For more information, please visit www.infocusinternational.com/energystorage-onlineAbout Infocus International GroupInfocus International is a global business intelligence provider of strategic information and professional services for diverse business communities.Infocus International recognises clients' needs and responds with innovative and result oriented programmes. All products are founded on high value content in diverse subject areas, and the highest level of quality is ensured through intensive and in-depth market research from local and international insights.Emilia MokTel: +65 6325 0210 Email: emilia@infocusevent.comWebsite: www.infocusinternational.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

EQS-News: 51Talk releases first quarter results, announcing spin-off with listed company targeting overseas market

4 7 月, 2022

EQS-News / 04/07/2022 / 11:20 UTC+8 51Talk releases first quarter results, announcing spin-off with listed company targeting overseas market On 24 June 2022, 51Talk(COE.US) announced its first quarter 2022 financial results. The report indicates 51Talk has restructured its mainland and overseas business and completed operational restructuring. By spinning off its mainland business from the listed company, 51Talk will focus on developing its overseas English services for children and becoming a listed international online education company. After divesting its mainland business, the negative net assets position of USD 137 million at the end of the quarter shifted to a positive position. In March 2022, revenue from overseas business achieved a positive cash flow in a single month for the first time, showing a strong business performance. Spin-off and Restructuring to Focus on Overseas Markets After the announcement of the "double reduction" policy early in July 2021, 51Talk initiated global expansion efforts in response to regulations on off-campus tutoring. Prior to the release of the 2021 Annual Report, 51Talk CEO Huang Jiajia had also indicated that internal measures would be taken to restructure the company's businesses. Now, 51Talk releases a positive signal through the spin-off as all revenue will be generated from overseas markets, hence achieving positive owners' equity. 51Talk shall focus further on the overseas business of online one-on-one English tuition for children and speed up the implementation of its global strategy, and lower costs and increase efficiency so as to optimize organizational efficiency. The reason for targeting overseas market was that overseas tuition was a market yet to be developed. According to the Grand View Research report, the global market scale of online education in 2021 was USD 107.3 billion and the estimated CAGR of 2028 is 19.9%. Learning English is still a rigid demand for overseas training, especially in southeast Asia, and along with impacts of the recent pandemic, online education is more and more popular among overseas users. As such, 51Talk initiated its global expansion strategy in southeast Asia and will continue its advancement in markets including Middle East, Asia, Europe and America. As an international key player of online education, 51Talk will accelerate the implementation of its global strategy, rely on quality teachers, premium service and product experience, and create enduring innovative growth mechanisms so as to create a leading online global English brand and provide more value to users around the world. 51Talk have grown to cover more than 50 countries and regions, providing English tuition services to users around the world. Overseas profit model acknowledged as cash flow turns positive 51Talk CFO Xu Min said, "An education company needs to undergo three phases before realizing profit. First, achieve a positive operating cash flow. Second, achieve positive inflow of cash contribution. Third, achieve profit in terms of accounting." According to our financial statements, as of the first quarter ended 2022, 51Talk's overseas business have only operated for 8 months and the cash flow has already turned positive in March 2022. This marks 51Talk's first step of making profit. According to the financial statements, the net cash inflow reached USD 5.30 million, increasing 79.9% quarter on quarter, displaying strong business performance. Industry insiders said that the rapid global development of 51Talk was due to a healthy business mode and the core advantage of the combination "Teachers + Product + Technology + Brand". 51Talk is one of the earliest internet education companies in China and dedicated to providing online English tuition for children. 51Talk is also the first online education company in China to be publicly listed in the US. Built on the strong foundation of decades of online teaching experience, 51Talk has a healthy business model and is the first online English education enterprise to make a profit in China. Moreover, 51Talk has a global supply chain of quality native-speaking English teachers and in terms of research and development, 51Talk has independently developed AirClass to provide customized learning solutions for each student to ensure learning results. 51Talk CEO Huang Jiajia said, "The rapid growth of our overseas business confirmed the demand of overseas market and showed its business model is similar to that of mainland business. The success achieved in the Chinese market is a sample that we learnt from and has helped to solve many solutions while entering in global markets. We believe our overseas business may achieve healthy and rapid growth just as our mainland business." In the future, 51Talk shall continue to grow global education business, accelerate its globalization and build its global competitiveness while maintaining rapid growth and creating more value, so as to enable students around the world to enjoy quality English education resources and to communicate with the world. Brand Name: 51Talk Web site:https://tw.51talk.com/global/course File: 51Talk releases first quarter results, announcing spin-off with listed company targeting overseas market 04/07/2022 Dissemination of a Financial Press Release, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Media archive at www.todayir.com

51Talk releases first quarter results, announcing spin-off with listed company targeting overseas market

4 7 月, 2022

On 24 June 2022, 51Talk(COE.US) announced its first quarter 2022 financial results. The report indicates 51Talk has restructured its mainland and overseas business and completed operational restructuring. By spinning off its mainland business from the listed company, 51Talk will focus on developing its overseas English services for children and becoming a listed international online education company. After divesting its mainland business, the negative net assets position of USD 137 million at the end of the quarter shifted to a positive position. In March 2022, revenue from overseas business achieved a positive cash flow in a single month for the first time, showing a strong business performance. Spin-off and Restructuring to Focus on Overseas Markets After the announcement of the "double reduction" policy early in July 2021, 51Talk initiated global expansion efforts in response to regulations on off-campus tutoring. Prior to the release of the 2021 Annual Report, 51Talk CEO Huang Jiajia had also indicated that internal measures would be taken to restructure the company's businesses. Now, 51Talk releases a positive signal through the spin-off as all revenue will be generated from overseas markets, hence achieving positive owners' equity. 51Talk shall focus further on the overseas business of online one-on-one English tuition for children and speed up the implementation of its global strategy, and lower costs and increase efficiency so as to optimize organizational efficiency. The reason for targeting overseas market was that overseas tuition was a market yet to be developed. According to the Grand View Research report, the global market scale of online education in 2021 was USD 107.3 billion and the estimated CAGR of 2028 is 19.9%. Learning English is still a rigid demand for overseas training, especially in southeast Asia, and along with impacts of the recent pandemic, online education is more and more popular among overseas users. As such, 51Talk initiated its global expansion strategy in southeast Asia and will continue its advancement in markets including Middle East, Asia, Europe and America. As an international key player of online education, 51Talk will accelerate the implementation of its global strategy, rely on quality teachers, premium service and product experience, and create enduring innovative growth mechanisms so as to create a leading online global English brand and provide more value to users around the world. 51Talk have grown to cover more than 50 countries and regions, providing English tuition services to users around the world. Overseas profit model acknowledged as cash flow turns positive 51Talk CFO Xu Min said, "An education company needs to undergo three phases before realizing profit. First, achieve a positive operating cash flow. Second, achieve positive inflow of cash contribution. Third, achieve profit in terms of accounting." According to our financial statements, as of the first quarter ended 2022, 51Talk's overseas business have only operated for 8 months and the cash flow has already turned positive in March 2022. This marks 51Talk's first step of making profit. According to the financial statements, the net cash inflow reached USD 5.30 million, increasing 79.9% quarter on quarter, displaying strong business performance. Industry insiders said that the rapid global development of 51Talk was due to a healthy business mode and the core advantage of the combination "Teachers + Product + Technology + Brand". 51Talk is one of the earliest internet education companies in China and dedicated to providing online English tuition for children. 51Talk is also the first online education company in China to be publicly listed in the US. Built on the strong foundation of decades of online teaching experience, 51Talk has a healthy business model and is the first online English education enterprise to make a profit in China. Moreover, 51Talk has a global supply chain of quality native-speaking English teachers and in terms of research and development, 51Talk has independently developed AirClass to provide customized learning solutions for each student to ensure learning results. 51Talk CEO Huang Jiajia said, "The rapid growth of our overseas business confirmed the demand of overseas market and showed its business model is similar to that of mainland business. The success achieved in the Chinese market is a sample that we learnt from and has helped to solve many solutions while entering in global markets. We believe our overseas business may achieve healthy and rapid growth just as our mainland business." In the future, 51Talk shall continue to grow global education business, accelerate its globalization and build its global competitiveness while maintaining rapid growth and creating more value, so as to enable students around the world to enjoy quality English education resources and to communicate with the world. Brand Name: 51Talk Web site:https://tw.51talk.com/global/course

ACN Newswire

2022 Shaoxing Famous Products International Online Exhibition Launch Ceremony and CCOIC Shaoxing Chamber of Commerce RCEP Forum Was Successfully Held

29 6 月, 2022

Shaoxing, China, June 29, 2022 - (ACN Newswire via SEAPRWire.com) - On June 28, 2022 Shaoxing Famous Products International Online Exhibition Launch Ceremony and CCOIC Shaoxing Chamber of Commerce RCEP Forum was successfully held. This kicked off a series of 12 online cloud exhibitions for 6 months, targeting different industries and overseas markets.The event was held both online and offline with Mr. Shi Huifang, Mayor of Shaoxing City, Mr. Chen Zongyao, Chairman of CCPIT Zhejiang, Mr. Xia Wendi, Chairman of China National Machinery Industry International Co. (SINOMACHINT), Mr. Tao Guanfeng, Executive Vice Mayor of Shaoxing City and other relevant leaders of Shaoxing City present offline. Mr. Deny Wachyudi Kurnia, Consul General of Consulate General of Indonesia in Shanghai, Mr. Hussain Haider, Consul General of Consulate General of Pakistan in Shanghai, Ms. Tran Ha Trang, Consul of Consulate General of Vietnam in Shanghai, ASEAN China Chamber of Commerce and Industry, Association of Belt and Road Malaysia, India China Regional Exchanges and Trade Investment Center and other overseas guests and representatives of business associations attended the meeting online.Mr. Shi Huifang, Mayor of Shaoxing City, pointed out in his speech that Shaoxing is a traditional foreign trade city that plays an important role in promoting economic and social development. This year marks the first year of RCEP; Shaoxing should take this opportunity of RCEP to become a model city of RCEP. Through this event, we will effectively use the wisdom of experts to analyze the opportunities and challenges faced by Shaoxing in the context of RCEP, further expand economic and trade exchanges, deepen industrial cooperation, and promote the city's foreign trade to a broader field and deeper level.Mr. Chen Zongyao, Chairman of CCPIT Zhejiang, said the organization of "online exhibition" is an important measure to help enterprises stabilize foreign trade, expand the market and get orders. The Shaoxing Famous International Trade Cloud Exhibition and the RCEP Forum are essential to help enterprises understand more deeply the international economic and trade rules, avoid business risks, open their minds and broaden their horizons for participating in international economic and trade cooperation and developing international markets, taking RCEP's entry into force as an opportunity.Mr. Xia Wendi, Chairman of SINOMACHINT, said that SINOMACHINT, one of the largest central enterprises in China's exhibition industry with nearly 70 years of experience organizing and running exhibitions abroad, will give full play to its global overseas resources. It will optimize and innovate the online exhibition mode, focus on key countries, advantageous industries and special regions to build country exhibitions, professional exhibitions and special exhibitions, and help enterprises get more orders with online channels.Mr. Hussain Haider, Consul General of Consulate General of Pakistan in Shanghai, Mr. Deny Wachyudi Kurnia, Consul General of Consulate General of Indonesia in Shanghai, Ms. Tran Ha Trang, Consul of Consulate General of Vietnam in Shanghai are important to guest speakers. They have expressed their willingness to contribute to the stable growth of Shaoxing's foreign trade exports and to promote the mutual development of economic and trade cooperation under the covid-19 pandemic prevention and control.2022 Shaoxing Famous Products International Trade Online Exhibition was broadcast through the 12 cloud exhibition catalog video. The series of exhibitions involve equipment manufacturing, textile and clothing, textile new materials, health environment, consumer goods and gifts, pharmaceuticals, medical, integrated circuits and other industries. It focuses on the three traditional industries of textile, chemical and metal processing and develops four new industries of high-end equipment, electronic information, modern medicine and new materials to promote the development of Shaoxing's advantageous industries.At the scene, Shaoxing Municipal Commerce Bureau, CCPIT Shaoxing, CCOIC Shaoxing Chamber of Commerce and CMEC International Exhibition Co., Ltd., Association of Belt and Road Malaysia signed strategic cooperation agreements with 10 trade service organizations and overseas trade associations to further enhance cooperation and provide more practical services for enterprises in different countries.2022 Shaoxing Famous Products Textile Machinery Industry (Pakistan) International Online Exhibition, the first exhibition of the series, was also opened and launched at the same time. During the exhibition, more than 40 famous Shaoxing textile machinery enterprises such as Zhejiang Taitan, Zhejiang RIFA Textile Machinery, Zhejiang Jinggong Technology, etc. will have one-to-one online negotiations with 100 buyers from Pakistan and procure textile machinery, textile machinery auxiliary machines and accessories, textiles, textile raw materials and other textile industry chain products. The online trade fair will also be promoted through a number of domestic and international mainstream media and social media platforms to greatly enhance exhibitors' exposure and attract quality buyers to participate in the matchmaking negotiations.Contact:Ms. Xuejiao Li, CMEC International Exhibition Co.,Ltd.Email: lixj@cmecexpo.comWebsite: www.shaoxingyunzhan.comTelephone: +8613552313831 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Get Me Press Launches an Online PR Agency Focused on Startups and Founders

17 6 月, 2022

CHICAGO, IL, Jun 17, 2022 - (ACN Newswire via SEAPRWire.com) - Get Me Press' founders are excited to announce the launch of their online public relations agency, which will focus on startups and entrepreneurs.To learn more about Get Me Press and the services they offer visit www.getmepressnow.com.The company's mantra, according to a spokeswoman, is "We Tell Your Story Online." The team of experts collaborates closely with their clients, writing, editing, and publishing their story in prominent online journals and industry publications."We understand that entrepreneurs and company founders have ideas, and we have the infrastructure to help them turn those ideas into published contributions in prominent online journals.""We understand that entrepreneurs and company founders have ideas, and we have the infrastructure to help them turn those ideas into published contributions in leading online journals. This is why Get Me Press focuses on startups and founders," the spokesperson explained, adding that Get Me Press' writers have extensive expertise writing for major magazines and understand how to effectively communicate their clients' messages.According to the spokesperson, advice and profile pieces are one of the most successful ways to boost a Google Search ranking by driving hundreds of visitors to a website. Online content, on the other hand, tend to stay online longer than social media links, resulting in free organic traffic.Articles generate new SEO, which will aid in the development of a strong digital presence and a high search engine rank. These articles will generate free organic traffic while also providing backlinks and directing viewers to their clients' websites.According to the spokesperson, this publicity could provide a number of advantages, including the following:- Supercharged SEO - The entrepreneur's name on page one, two and three of the google-news search engine,- Increased brand visibility, credibility, and equity- Inbound traffic and leads to content and offers will improve.- Speaking engagements, capital investors, talent acquisition, and requests to be included in new online publications and podcasts are all exciting and unexpected prospects.Get Me PressAdrienne Greenwood and Michael Hall founded Get Me Press in 2022. They both have a diverse business expertise in strategic branding and communications, as well as creative digital marketing, and can advise their customers and brands on the best placements for their sector niche and budget. Please visit our website for additional information. Visit www.getmepressnow.com. Media ContactAdrienne Greenwoodinfo@getme.press Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)