HKTDC Education & Careers Expo opens on 21 July ACN Newswire

HKTDC Education & Careers Expo opens on 21 July

July 12, 2022
HONG KONG, Jul 12, 2022 - (ACN Newswire via SEAPRWire.com) - Organised by the Hong Kong Trade Development Council (HKTDC), the 31st HKTDC Education & Careers Expo will be held from 21 to 24 July (Thursday to Sunday) at the Hong Kong Convention and Exhibition Centre (HKCEC). The expo will run in parallel with the HKTDC Hong Kong Book Fair, HKTDC Hong Kong Sports and Leisure Expo and HKTDC World of Snacks. Featuring two major sections, Education and Careers, the four-day expo is open to the public free of charge, hosting more than 90 inspiring events and providing comprehensive information on education and job opportunities available in Hong Kong and overseas.Jenny Koo, HKTDC Assistant Executive Director, said: "The Education & Careers Expo provides a one-stop platform with information on further studies and career development, and with events that equip people with the necessary hard and soft skills for the new future."Representatives from different organisations give details of the key expo events and offer the latest information on vocational education and pre-job and on-the-job training.The 31st edition of the HKTDC Education & Careers Expo runs from 21 to 24 July. The photo shows scenes from last year's event.Speaking at today's press conference to announce details of the expo, Jenny Koo, HKTDC Assistant Executive Director, said: "The Education & Careers Expo will host over 780 organisations from 18 countries and regions include educational institutions, professional associations, government departments, public organisations and private companies, offering more than 2,700 job openings. The expo provides a one-stop platform with information on further studies and career development, and with events that equip people with the necessary hard and soft skills for the new future. This year's event will see new exhibitors from countries such as the consulate general offices of Japan, Finland, Ireland and Switzerland, helping to offer a greater diversity of higher education options for students."Four career theme days, introducing the latest career trendsThere will be four theme days during the expo to highlight the latest career trends. For the Skilling for the Future: New Technology and New Talents theme day (21 July), co-organiser the Vocational Training Council (VTC) will introduce new technologies and skills such as geospatial data, Chinese medicine research and art technologies, highlighting more choices for further study. The Electrical & Mechanical Engineering theme day (22 July), co-organised by the Electrical and Mechanical Services Department and the Hong Kong Electrical and Mechanical Trade Promotion Working Group, will invite industry professionals to speak on the current and future prospects in areas such as railway engineering, car engineering and the electrical and mechanical engineering industry. On the third day of the expo, the brand-new Professional Development for the Future theme day (23 July), supported by The Hong Kong Federation of Youth Groups, will address hot topics such as gerontechnology application and digital marketing through a series of seminars. On the last day, the Exploring Construction Industry theme day (24 July), co-organised by the Hong Kong Institute of Construction (HKIC), will invite construction professionals to share on current industry prospects and help interested applicants get prepared in advance.Various zones cater to needs of students and jobseekersRecruitment Square will cooperate with various recruitment platforms, public organisations and private companies, including Cathay Pacific, QB house, Tai Hing Group and Asia Airfreight Terminal, to recruit on the spot. Over 2,700 job opportunities will be offered, and visitors can bring their CV along to the expo to apply for the posts they are interested in.Youth Square will be set up as a summer job and internship zone. Being the first youth career path planning service centre, Career Sparkle will arrange multiple working experience activities to help teenagers explore their personal interests and abilities.One exhibitor, the Y.Elites Association Limited, invited Qianhai International Liaison Services Limited to deliver seminars on preferential policies for Hong Kong people, covering housing, starting a business, financial support, innovation and technology backing, and household registration. Young people interested in working in Guangdong-Hong Kong-Macao Greater Bay Area centres, especially Qianhai, should not miss these seminars providing policy details.Three education-themed zones highlight local and overseas opportunitiesThree educational zones will be set up at this year's expo. The Local Education Zone features universities and community colleges such as Hong Kong Shue Yan University, the Hang Seng University of Hong Kong, as well as Chu Hai College of Higher Education, Caritas Institute of Higher Education and Caritas Bianchi College of Careers that provide educational support services.The Overseas & Mainland China Education Zone gathers consulate general offices and officially approved organisations from different countries and regions. The consulate general offices of Japan, Ireland, Finland and Switzerland will run booths at the expo for the first time, providing valuable consultation services. With further study in mainland universities becoming a growing trend in recent years, the Heung To College of professional studies will speak on the most popular majors among local students and give details of preferential policies offered to Hong Kong students by top-ranked universities in the mainland. In the Continuing Education Zone, the Hong Kong School of Commerce and Tak On Driving School will offer self-betterment programmes for visitors.The expo will feature four educational theme days, namely European Union (21 July), Japan (22 July), France (23 July) and Germany (24 July). Representatives from the consulate general offices of these countries will provide details about admission requirements, the preparation processes and campus life in their respective higher education institutions.In addition, various overseas studies centres will provide consultation service for preferred education destinations such as the United Kingdom, the United States, Australia and New Zealand. Meanwhile, the consulate general offices of countries such as Hungary, France and Germany will offer information on working holidays that are very popular among the younger generation.90+ inspiring events, famous speakers sharing their success storiesMore than 90 inspiring events will be held during the expo, with celebrities and education experts joining to share their success stories:- Kandy Lui, Executive Director of the Hong Kong Institute of Human Resource Management, will talk about the new normal in workplace under the pandemic and tips for enhancing personal capabilities.- Tsang Yip-kiu (Siu Mai), a contestant on television talent show King Maker IV, will share valuable experiences in the pursuit of her dream.- Wong Kim-fung, founder of threezero and Chairman of the Hong Kong Brand Toy Association, and two vice chairmen, Howard Chan (founder of Hot Toys) and Kenny Wong (designer of brand toy "Molly" and creative director of Kennyswork), will talk about how to turn hobbies into careers and offer tips on joining the toy industry.- Pinky and Tammy, members of the construction industry KOLs, "Dream Girls", will share their interesting working experiences and how they joined the construction industry.- Education expert and one of the Ten Outstanding Young Persons, Principal Chu Tsz-wing, will share on how he brought experiential learning to Hong Kong and offer advice on career planning for students.- Samuel Chan, an expert on British education, will introduce the British educational system and strategies for applying for schools in Britain.- Patrick Sir, TV host, actor and education centre/international kindergarten founder, will talk about his journey from the education field to the television industry, encouraging young people to further explore their potential in both their careers and personal lives.Enhanced on-site hygiene measures ensure participants' safetyThe safety of the public is a top priority for the HKTDC, and various measures will be implemented throughout the concurrent events to protect the health of participants. Following the HKSAR Government's COVID-19 protocols, all staff members, exhibitors and visitors will be required to wear masks in the venue and use the LeaveHomeSafe mobile app and show their COVID-19 vaccination record before entering the HKCEC. Except for designated food and beverage areas, no food, drinks or food tasting will be allowed inside the venue, including at the booths. Other safety measures include temperature-screening stations, the provision of hand sanitisers and disinfection items at multiple locations around the HKCEC, as well as enhanced cleaning and disinfection at the venue.Expo website: hkeducationexpo.hktdc.comActivity schedule: https://bit.ly/3uDQ8B3Photo download: https://bit.ly/3az7YyuAbout HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedInMedia enquiriesPlease contact Impact Communications Company:Kristi Yim, Tel: +852 9559 9651, Email: kristi.yim@impact-cc.comCindy Chung, Tel: +852 9166 0827, Email: cindy.chung@impact-cc.comHKTDC's Corporate Communication Department:Snowy Chan, Tel: +852 2584 4525, Email: snowy.sn.chan@hktdc.orgSam Ho, Tel: +852 2584 4569, Email: sam.sy.ho@hktdc.org Copyright 2022 ACN Newswire. All rights reserved. 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Imperial College London and Hitachi to launch a joint research centre for decarbonisation and natural climate solutions JCN Newswire

Imperial College London and Hitachi to launch a joint research centre for decarbonisation and natural climate solutions

July 12, 2022
LONDON, Jul 12, 2022 - (JCN Newswire via SEAPRWire.com) - Imperial College London (Imperial), Hitachi, Ltd. and Hitachi Europe Ltd. (Hitachi) today announced that they have signed an agreement to establish a joint research centre for decarbonisation and natural climate solutions. Together, they will collaborate in fundamental and applied research, addressing key challenges in decarbonisation and climate repair in order to achieve a Net Zero future.The new Centre, named the "Hitachi-Imperial Centre for Decarbonisation and Natural Climate Solutions" will enable a fundamental and applied research programme to be established where Imperial and Hitachi will collaborate on selected research projects, reports and white papers on the challenges and technologies in reaching net zero, as well as potential scenarios that could arise when the world reaches net zero. The Centre will also help train the next generation of scientists and engineers in the field.Initial research projects will focus on carbon management, the decarbonisation of energy and transport, carbon dioxide removal and biodiversity, with a focus on new technologies and nature-based solutions. The Centre will be a platform to bring together researchers from different faculties and disciplines, to build a truly multidisciplinary, holistic programme, taking a systems-thinking approach to embed both technical and socio-economic/policy aspects to deliver transformative and translatable solutions.Imperial is committed to helping societies become more sustainable through bold initiatives that find meaningful solutions to climate change. Imperial's Transition to Zero Pollution initiative aims to build new partnerships between research, industry and government - from fundamental science and engineering, systems thinking, human health, new business models, and policymaking - to realise its vision of a sustainable zero pollution future.Hitachi's Environmental Vision is to realise a decarbonised and resource-efficient society in harmony with Nature, and thereby contribute to a sustainable society flourishing within planetary boundaries and enhancing human well-being. To underline its commitment to a net zero society and become a Climate Change Innovator, Hitachi joined the United Nations Race to Zero Campaign in 2020, was a principal partner of COP26, and has been advocating a holistic approach to combating climate change together with stakeholders. Building on its strong presence in the mobility and energy sectors in Europe, Hitachi will leverage the global footprint and green products portfolio of the Hitachi group to deploy economically viable impactful end-to-end green solutions.Projects under this collaboration will be steered jointly by senior representatives from both Imperial and Hitachi, including Professor Mary Ryan from Imperial's Faculty of Engineering, and Dr Kazuyuki Sugimura, CTO of Hitachi Europe Ltd.Professor Ryan, who also leads the Transition to Zero Pollution initiative, said: "There is greater urgency than ever before to tackle global pollution, of which CO2 is one of the biggest sources. This joint research centre will bring together world-leading scientists and innovators in decarbonisation and climate repair to develop new technology and solutions to the climate emergency. Imperial and Hitachi will work closely together to make significant advances in developing cleaner energy and this new centre will accelerate our work towards a zero pollution future." Dr David Green, collaboration centre lead for Hitachi and Head of the Sustainability Laboratory in the European R&D Centre of Hitachi Europe Ltd. said: "Limiting greenhouse gas emissions and reaching Net Zero is crucial. Yet even in a net zero world we will still face serious societal and environmental challenges caused by high residual levels of carbon dioxide in the atmosphere. We are excited to open our new centre with Imperial which builds on previous collaborations and harnesses their expertise in scientific research, business and policy."About Imperial College LondonImperial College London is one of the world's leading universities. The College's 22,000 students and 8,000 staff are working to solve the biggest challenges in science, medicine, engineering and business.Imperial is University of the Year 2022 in the Times and Sunday Times Good University Guide. It is the world's fifth most international university, according to Times Higher Education, with academic ties to more than 150 countries. Reuters named the College as the UK's most innovative university because of its exceptional entrepreneurial culture and ties to industry. Imperial has a greater proportion of world-leading research than any other UK university, according to the Research Excellence Framework (REF). Imperial ranks first in the UK for research outputs, first in the UK for research environment, and first for research impact among Russell Group universities.About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company's consolidated revenues for fiscal year 2021 (ended March 31, 2022) totalled 10,264.6 billion yen ($84,136 million USD), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.About Hitachi Europe Ltd.Hitachi Europe Ltd., a subsidiary of Hitachi, Ltd., is headquartered in Sefton Park, UK. The company is focused on its Social Innovation Business - delivering innovations that answer society's challenges. Hitachi Europe and its subsidiary companies offers a broad range of information & telecommunication systems; rail systems, power and industrial systems; industrial components & equipment; automotive systems, digital media & consumer products and others with operations and research & development Laboratories across EMEA. For more information, visit https://www.hitachi.eu/en.For more information, use the enquiry form below to contact the Research & Development Group, Hitachi, Ltd. Please make sure to include the title of the article. www8.hitachi.co.jp/inquiry/hqrd/news/en/form.jsp Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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13th Edition of Digital Transformation SEA Summit – Physical Conference on 14 July 2022 ACN Newswire

13th Edition of Digital Transformation SEA Summit – Physical Conference on 14 July 2022

July 11, 2022
Singapore, Jul 11, 2022 - (ACN Newswire via SEAPRWire.com) - After successful 13 editions of Digital Transformation Summit, Exito is all set to host another milestone event providing a platform to experience the latest insights in Decoding Barriers To Pave The Way For Singapore's Digital Future. With a vision to engage, empower and support an advanced economy that is proactive, customized, collaborative and secure,https://digitransformationsummit.com/asia/ is uniting both public and private sectors to form alliances and facilitate co-operation opportunities towards enhancing the digital transformation ecosystem. This summit serves as an ideal platform to connect, learn and network among like-minded peers.The event will be elated with insightful sessions by the qualified speakers hosting a vast experience in the Digital Transformation domain. an exclusive one-day closed door conference hosting 150+ pre-qualified C Level IT Decision Makers and IT leaders from enterprises in Singapore.Delegate Profiles Speakers like Steven SIM Kok Leong Chair, Executive Committee OT-ISAC Luis Carlos Cruz Huertas SVP Head Of Infrastructure And Automation, DBS Data Platform And Analytics , Miao Song Global CIO GLP, Haisheng Zhang Chief Technology Officer EZTracker , Zuellig Pharma Jacky Koh IT And Data Analytics Director KrisShop Pte. Ltd. Leonard Tan CEO Rolling Pastures Pte Ltd many others will be sharing their experiences and expertise at the Summit.Event registration has commenced for Delegates (bit.ly/3RsS3SP) and Sponsors:- The delegates will be exposed to In-depth, trend-forward sessions & workshops each tons of practical takeaways and ideas to keep you ahead in the digital economy.- The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.- Hundreds of seasoned marketers, strategists, designers, and more to mingle and connect with.Meet your customers, vendors, expert resources, friends and colleagues tomorrow.To know more about the event https://digitransformationsummit.com/asia/About ExitoWe are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries. We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection. For more information, visit www.exito-e.com. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Evolve Your Instinct with the Launch of Amazfit’s T-Rex 2 ACN Newswire

Evolve Your Instinct with the Launch of Amazfit’s T-Rex 2

July 7, 2022
KUALA LUMPUR, Jul 7, 2022 - (ACN Newswire via SEAPRWire.com) - Amazfit, a premium smart wearable hardware brand owned by Zepp Health Corporation, launched the T-Rex 2, in Malaysia today, an outdoor, tough and rugged smartwatch, with a demonstration of its durability and versatility by wall climbing professionals from Camp5, the climbing gym.Amazfit recently sent the rugged outdoor GPS smartwatch Amazfit T-Rex 2 into space on a quest to prove its strength in extreme environments. The space journey began in the city of Sheffield in the United Kingdom, where Amazfit T-Rex 2 was sent off on a lightweight spacecraft equipped with fully functional tracking and control systems, as well as an on-board camera to capture the most exciting highlights during the two and a half hour round-trip.The Amazfit T-Rex 2 has passed 15 military-grade tests and can remain functional in temperatures as low as -30 degrees Celsius through the ultra-low temperature operation feature. With a battery life that can stretch to 24 days, it comes with dual-band, 5-satellite positioning and route-import and real-time navigation for optimum outdoor use. Built for any terrain, the Amazfit T-Rex 2 can also resist heat up to 70 degrees Celsius, has a humidity resistance of 240h, 96h salt-spray resistance and shock-resistance.Wearers can create their own training templates for 11 different sports through the Zepp app, which is powered by the Zepp operating system and includes a rich ecosystem of over 10 mini apps for seamless interactions. The Amazfit T-Rex 2 also has a huge selection of over 150 sports modes including the toughness-testing triathlon mode, the professional lap-data recording track run mode, with smart trajectory correction, and the more leisurely golf swing mode.Mr. Benky Lin, Country Manager of Amazfit Malaysia, said, "There is no doubt that the Amazfit T-Rex 2 is one of the toughest smartwatches in the market. The military-grade tests ensures that it can withstand low and high pressure, extreme heat and cold, rain, salt, sand, dust, vibrations, shocks, acid and fungus. The Amazfit T-Rex 2 is built for durability and versatility and can be used for the great outdoors as well as for strength training in any condition.""We are happy to introduce the Amazfit T-Rex 2 here in Malaysia. This is a smartwatch that is ready to evolve your instinct anywhere in the world. We have pushed it to the limit, going all the way to space, subjecting it to the most extreme conditions we can reach and that includes the heat of Death Valley in California and depths of the Pacific. The Amazfit T-Rex 2 is a smartwatch you can wear with confidence in any terrain condition."The Amazfit T-Rex 2's look is inspired by the spirit of nature and comes in Astro Black & Gold, Ember Black, Wild Green and Desert Khaki. It is rugged in style with HD AMOLED display that enables the wearer to download dozens of watch faces with matching always-on displays or images unique to the wearer.The Amazfit T-Rex 2 comes with one-year warranty and retails at RM799 each. To commemorate the launch, Amazfit T-Rex 2 will be exclusive to Shopee Online Store with a store promotional price from 6 July to 8 July. At the promo, there are also one each of Powerbuds Pro, GTS 2 mini and Band 5 to be won. The first 100 buyers of the T-Rex 2 will get an Amazfit sport bottle and screen protector as a gift.To know more on the Amazfit T-Rex 2 series of smartwatches, please go to www.amazfit.com/en or to Amazfit's e-commerce partner platform http://bit.ly/Amazfit-MY-SHOPEE.Amazfit: www.amazfit.com/en Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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ASEAN’s most influential fintech event – WFIS, now ready to disrupt Philippines’ FSI market ACN Newswire

ASEAN’s most influential fintech event – WFIS, now ready to disrupt Philippines’ FSI market

July 5, 2022
MANILA, Jul 5, 2022 - (ACN Newswire via SEAPRWire.com) - The launch of 'Digital Payments Transformation Roadmap 2020-2023' by the Central bank of the Philippines (BSP) has been driving major fintech investments in the country. To give an estimate, the first half of 2021 witnessed a total funding of $342 million garnered by the country's fintech firms, more than double of what was raised throughout 2020.To provide a common networking and intelligence sharing platform to Philippines' burgeoning FSI community, Tradepass is hosting World Financial Innovation Series (WFIS) for the first time in the Philippines at Sofitel Philippine Plaza in Manila on 16-17 August 2022. The event will attract 600+ technology and business heads from the leading Banks, Insurance & Micro-Finance institutions across the Philippines.In a statement issued, following her participation announcement as a speaker, Dr. Adrienne Heinrich (Vice President & Head of AI Center of Excellence, Union Bank of the Philippines) explained the pivotal nature of AI in her organisation, "AI is a major driver of the Aboitiz Group's Great Transformation into being the Philippines' first techglomerate. At Union Bank of the Philippines, an Aboitiz-led universal bank, we leverage technologies like AI to deliver innovative models and solutions allowing us to provide tailor-fit recommendations on products and services that truly address our customers' needs. AI also enables us to unlock new potential and opportunities across industries in the Group including banking and financial services, power, manufacturing, and beyond."WFIS 2022 - Philippines, will host the top 30+ thought leaders and experts from the industry who will shed light on the most pressing FSI topics focused on the latest tech innovations. The two-day event will also feature live showcase of the best FSI solutions from the leading organizations and a lot more.One of the confirmed speakers, Lito Villanueva (Executive Vice President and Chief Innovation & Inclusion Officer, Rizal Commercial Banking Corporation) while taking about the event expressed, "The bridge between the now and the future can only be built by disrupting the current conversation on technology and finance. These conversations spark limitless collaboration between leaders and trailblazers that create boundless innovation. The event is an opportunity to create not only innovation and disruption, but 'disrup-innovation'."Roy Joseph Roberto (Assistant Vice President (AVP) for Digital Transformation, Citibank Philippines) while appreciating the WFIS platform to address crucial CX challenges mentioned, "CX has now become the key differentiator while choosing a financial service platform. Realizing its inseparable nature with data science and AI, the financial services industry is gearing up with bigger investments in AI-enabled solutions. In that regard, World Financial Innovation Series serves as an ideal avenue for business and tech leaders to address the most pressing CX challenges and share how disruptive tech like AI can help bridge these gaps and transform DCX as we know it."Organizer and CEO of Tradepass, Sudhir Jena, expressed, "With the Philippines witnessing record high investments in fintech and the Filipinos becoming more and more savvy with digitization, WFIS 2022 - Philippines will be the perfect opportunity for the fintech providers to collaborate with the traditional financial institutions and other seeking organizations that want to incorporate fintech into their core infrastructure."Some of the confirmed speakers from the event include: DR. ADRIENNE HEINRICH, Vice President and Head of AI Center of Excellence, Union Bank of the Philippines; DHARMESH PATEL, Chief Data and Analytics Officer, East West Bank; LITO VILLANUEVA, EVP and Chief Innovation & Inclusion Officer, Rizal Commercial Banking Corporation; RONALDO BATISAN, Vice President - Customer Experience, Union Bank of the Philippines; ARIVUVEL RAMU, Group Chief Technology Officer, Tonik (Digital Bank); CARLOS TENGKIAT, Chief Information Security Officer, Rizal Commercial Banking Corporation and many others.About Tradepass:Providing access to the global emerging markets, Tradepass brings together people, products and solutions to power events for unparalleled business and networking opportunities. Being the most accredited event company, it helps organizations: enter new markets, grow sales pipeline, close prospects, raise capital and identify the right solution-providers. As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.For more information about the event, log on to:https://philippines.worldfis.com/Media contact:Riya JPR & Communication Lead, Tradepassriyaj@tradepassglobal.com+(91) 80 6166 4401Mohammed RaiyanTradepass Global+91 79964 11687 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Mitsubishi Power Receives Serial Contracts from Taiwan Power for Large-Scale Modification of GTCC at the Datan Power Plant JCN Newswire

Mitsubishi Power Receives Serial Contracts from Taiwan Power for Large-Scale Modification of GTCC at the Datan Power Plant

July 5, 2022
TOKYO, Jul 5, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received a series of contracts from Taiwan's state-owned Taiwan Power Company (TPC) for a large-scale renovation project of power generation equipment at the Datan Power Plant in the city of Taoyuan, on the outskirts of the capital city of Taipei. The contract covers a total of four unit of gas turbine combined cycle (GTCC) power plant (Unit 3 to Unit 6), comprising a total of eight gas turbines. The aim of the renovation project is to reduce emissions of nitrogen oxide (NOx) while maintaining generating capacity, allowing the plant to comply with increasingly tight environmental regulations, as well as to enhance operating flexibility by improving the operations and maintenance (O&M). Completion is scheduled for 2025.Datan Power PlantThe Datan Power Plant is a natural gas fired GTCC power plant located approximately 50km west of Taipei. It has a total of 20 gas turbines (including Units 8 and 9, currently under construction), and is one of the largest natural gas-fired power plants in Taiwan. Once all facilities are completed and operational, the plant will have a total combined output of approximately 7,000 megawatts (MW). Mitsubishi Power has supplied 14 of these gas turbines, for units 1-6. The six turbines for units 1-2 are M501F models, and the remaining eight are M501G models. This project covers the M501G models, with work conducted on each unit in succession.To reduce NOx emissions, the current combustors will be replaced with an air-cooled, premix combustors (systems in which fuel and air are mixed in advance), which lowers the local combustion temperature and curbs NOx generation, decreasing NOx emissions by around 60%. At the same time, Mitsubishi Power will utilize gas turbine components with proven, cutting-edge technology, along with the TOMONI suite of intelligent solution services, to maintain high generating capacity and operational flexibility. In addition, Mitsubishi Power will provide a full turnkey solution, handling the design, manufacture, installation, and testing of the auxiliary machinery.Taiwan continues to face a tight supply and demand situation for electric power, with producers unable to keep up with robust demand. The country needs to increase its capacity margin, which indicates the degree of surplus capacity, in order to cope with peak demand loads, and high expectations have long been placed on gas fired power generation. At the same time, calls are increasing for measures to reduce the environmental load. Taiwan has adopted an energy policy that includes abolishing nuclear power by 2025, setting a target for 30% of electricity to be derived from fossil fuels, 50% from GTCC power plants, and 20% from renewables. Needs have also risen for reductions in NOx emissions and greater efficiency from power plants. Under such circumstances, Mitsubishi Power's receipt of the contract for this project reflects a high regard for its low NOx combustor technologies, and high level of performance and reliability based on its record supplying the existing GTCC power plants.Going forward, encouraged by this contract from TPC, Mitsubishi Power will work to provide solutions to meet the needs of the entire Taiwan power industry, including independent power producers (IPPs), for reducing NOx emissions and enhancing performance. Further, by making a concerted effort as a corporate group to successfully complete this project, which is likely to become a touchstone for additional contracts, Mitsubishi Power will contribute to a stable power supply and lower environmental loads for Taiwan.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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AIIB Commits US$100 million in CEL Infrastructure Investment Fund II ACN Newswire

AIIB Commits US$100 million in CEL Infrastructure Investment Fund II

July 5, 2022
HONG KONG, Jul 5, 2022 - (ACN Newswire via SEAPRWire.com) - CEL Infrastructure Investment Fund II ("Fund II"), a private equity fund sponsored and managed by China Everbright Limited ("CEL", stock code: 165.HK) has made significant progress in fundraising. On June 29, 2022, Asian Infrastructure Investment Bank ("AIIB") approved to commit of US$100 million including up to US$25 million co-investment sleeve in Fund II. AIIB is a multilateral development bank with 105 members from all over the world. Its vision is to finance "Infrastructure for Tomorrow" with sustainability at its core. AIIB is committed to unlocking new capital and investing in green, technology-enabled and cross-border connectivity infrastructure to promote sustainable economic development and regional connectivity in Asia and around the world. This will be the first time funds managed by CEL have raised capital from a multilateral development bank, marking a new stage of internationalization, professionalization and marketization for CEL. Fund II will focus on climate finance and ESG investing, and will introduce ESG investment, management, assessment and evaluation policy with international standards in order to ensure that future investments will have real-world positive impacts on addressing climate change and improving the environment and society. Overseas Infrastructure Investment Fund team (the "Team") is one of the major teams under CEL pursuing overseas investment. Everbright Overseas Infrastructure Investment Fund L.P. ("Fund I"), established and managed by the Team, deployed more than US$450 million in infrastructure assets in Europe, Southeast Asia and Hong Kong SAR. Fund I, now at its harvest period, has achieved outstanding performance amongst its peers with distribution to paid-in capital over 1.0x. The Team is raising Fund II with a target size of US$600 million, focusing on green and low carbon themes. Fund II will primarily invest in renewable energy, new infrastructure and logistics projects in Southeast Asia and some other Asian countries. Fund II is expected to have its first closing within 2022. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Register for the Course! 5th Edition of Global CX Summit India Physical Conference on July 7 ACN Newswire

Register for the Course! 5th Edition of Global CX Summit India Physical Conference on July 7

July 4, 2022
INDIA, Jul 4, 2022 - (ACN Newswire via SEAPRWire.com) - After successful 4 editions of Global CX Summit, Exito (www.exito-e.com/) is all set to host another milestone event - which serves as an ideal platform to enhance the experience to latest insights in "Orchestrating a Holistic CX Strategy". The agenda is carefully curated to address challenges faced along multiple touch points, helping you overcome various silos. Through engaging panel discussions, insightful keynotes and immersive networking sessions, the event is sure to incite both thought and action at your organization. 5th Edition GCX India (https://globalcxsummit.com) is meticulously curated in alignment with the above initiatives. The summit provides an ideal opportunity to connect, learn and network with like-minded peers from various enterprises of India.The event will be elated with insightful sessions by the qualified speakers hosting a vast experience in the customer experience domain. An exclusive one-day closed door conference hosting 120+ CX Heads, CMOs, CDOs, Contact Center heads, etc to discuss the best practices on customer experience from various enterprises of India.Speakers like Zeenat Mongal, VP & Head Of CX, ICICI Lombard, Hari Shankar Mishra, Sr Vice President - Customer Experience, Future Generali India Insurance Co. Ltd, Dharmarajan K, Chief Business Officer - Beauty, Tata CliQ, Ankit Goenka, Senior VP, Bajaj Allianz General Insurance Co. Ltd, Mayank Jain, Group Digital Customer Initiatives, Aditya Birla Capital, among many others will be sharing their experiences and expertise at the Summit.Event registration has commenced for Delegates (bit.ly/3acaN8x) and Sponsors.- The delegates will be exposed to in-depth, trend-forward sessions & workshops - practical takeaways and ideas to keep you ahead in the digital economy.- The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.- Hundreds of seasoned marketers, strategists, designers, and more to network and connect with. Meet your customers, vendors, expert resources, friends and colleagues on the 7th of July 2022.Register Today to engage at this grand event as the slots are filling up fast.To know more about the event, https://globalcxsummit.com/. About ExitoWe are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries. We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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SEAPRWire Releases Report on ‘How Blockchain Improving the Efficiency of AI and Machine Learning’ SeaPRwire

SEAPRWire Releases Report on ‘How Blockchain Improving the Efficiency of AI and Machine Learning’

July 4, 2022
Hong Kong – SEAPRWire, one of the leading press release distribution and market research companies, has released a report on ‘How Blockchain Improving the Efficiency of AI and Machine Learning’. AI, Machine Learning, and Blockchain technologies have boosted the all sectors. The main aim of the financial sector has been to provide customer-centric solutions. User experience is a critical parameter, and for the new generation of customers, speed and ease of access without compromising security are essential. This generation loathes going to the bank, filling out documents, printing, and signing them. The main aim will be entirely automating the financial processes and getting rid of manual processes completely. They have enabled companies to process a huge amount of data set and reach conclusions due to their ability to analyze real-time patterns, helping with quick decision-making. They are improving the effectiveness and at the same time working efficiently. This has made different processes in banking time saving and also cost-effective. New technologies increase employee productivity by 40~50% in many industries. Blockchain is frequently used in connection to cryptocurrencies. However, the banking industry is also implementing it for the improvement of workflow dynamics. Blockchain technology will provide a highly secure transaction on both ends. This will be greatly helpful to prevent fraud and help in easy compliance of audits and regulatory requirements. With the help of blockchain & defi transfers, payments and investments can become faster and error-free. It is said that blockchain will impact the packaging sector with the highest intensity in the year 2022. Needless to say, blockchain and the security it provides are here to stay. According to SEAPRWire‘s view, new technologies have reduced human defaults and made transactions safer, all for a better customer experience. By 2030, financial agencies will be able to reduce costs by 20~30% saving trillions. Many Fin-Tech firms are continuously researching the areas of AI that will be helpful for banks and their fraud detection processes, customer service, credit service and loan decisions. In addition, the e-shopping market has substantially increased in the last two years; there is a high demand for hassle-free digital payment options. Therefore, a majority of the e-shopping players have collaborated with Fin-Tech firms to create custom gateways and portals to ensure that the customers do not leave the site due to payment options. The smooth check-out process has become a crucial part of e-shopping sales as methods for a swift and effective payment process are essential to enhance conversion rates. According to a recent study, there is an increase of 5% in the global cross-border payment flow. Because of e-shopping, international transactions offer enormous growth potential for even small businesses as most people expect easy and simple payment solutions. About SEAPRWire SEAPRWire offers marketing research reports on industry trends, especially in AI, Cloud Computing, AR/VR, Big Data, NFT, Cryptocurrency, and DeFi fields. It offers customers with real-time visibility, transparency, and traceable through the tracking of the project’s database throughout the complete lifecycle of a researching project all on an immutable ledger with continuous insights. The customers served by SEAPRWire are mainly technology and financial enterprises in East Asia, Southeast Asia and Greater China (Mainland China, Hong Kong, Taiwan). SEAPRWire’s PR distribution and Market Reports support multiple languages, including: English, Simplified Chinese, Traditional Chinese, Japanese, Korean, Vietnamese, Thai, Malaysian, Indonesian, and Filipino. Media Contact Brand: SEAPRWire Contact: Media team Email: cs@seaprwire.com Website: https://www.SEAPRWire.com SOURCE: SEAPRWire
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Mitsubishi Corporation: Seven-Member Partnership Commits to Warehouse DX Initiative JCN Newswire

Mitsubishi Corporation: Seven-Member Partnership Commits to Warehouse DX Initiative

July 1, 2022
TOKYO, Jul 1, 2022 - (JCN Newswire via SEAPRWire.com) - We are pleased to announce that a partnership of seven entities has today agreed to undertake a joint initiative to promote digital transformations (DX) in Japan's warehousing industry. The partnership members are Mitsubishi Corporation (MC), Mitsubishi Corporation LT, Inc. (MCLOGI), UTokyo Innovation Platform Co., Ltd. (UTokyo IPC), Prologis, Mitsui Fudosan Co., Ltd.,* Mitsubishi HC Capital Inc., and Mitsubishi Estate Co., Ltd. Today MC also transferred its own warehouse DX operations to its newly established subsidiary Gaussy Inc. (Gaussy), in which each of the partnership's other six members has acquired a capital interest. The businesses to be undertaken by Gaussy include provision of the warehouse robot subscription service "Roboware," which was launched by MC in 2020, and the warehouse sharing service "WareX." The new subsidiary's aim will be to develop platforms to connect warehouse users and providers in ways that will improve logistics and fulfillment processes across different industries. *Mitsui Fudosan's investment comes via its own venture capital fund, 31 Ventures Global Innovation Fund II. Challenges in the Warehousing Industry Supply chains connecting producers and consumers are made possible through effective combinations of storage- and transportation-based logistics capabilities. Japan's domestic warehousing market is central to those supply chains and worth approximately seven trillion yen; various negative pressures including labor shortages, dependencies on specific individuals for certain jobs and lease agreements have resulted in inflexible inventory capacities, which has in turn contributed to wasteful, inconsistent and burdensome fulfillment practices throughout numerous industries. Other countries, such as the US and China, are facing similar challenges, which has prompted innovators to develop new business models such as self-driving warehouse robots and schemes that allow users to share vacant warehouse spaces. Gaussy's Warehouse DX Services Considering that the "Roboware" subscription service allows anyone, regardless of their background or skills, to use robots to easily manage their warehouse facilities, it presents a viable solution to the labor-shortage and overreliance problems mentioned above. "WareX" is a similarly straightforward system that anyone can use to share available warehouse space, thus addressing the problems of limited or excess capacities. Gaussy will offer customers both of these services, the former (Roboware) of which employs five types of warehouse robots and has already been rolled out in 14 facilities across Japan, and the latter (WareX) of which has more than 1,000 facilities registered on its nationwide system. Large, medium and small enterprises alike have all been taking advantage of "WareX," as it provides them with an efficient way to lease vacant warehouse spaces on a pay-as-you-go basis. Driven by its vision to create new opportunities in logistics, Gaussy is committed to developing flexible mechanisms that will adapt to evolving warehousing needs and cargo volumes. All of its partners look forward to offering fulfillment customers with new and unprecedented options for their businesses.Roboware: https://roboware.ai/WareX: https://warex.ai/ Our Partnership Today, coinciding with MC's transfer of its warehouse DX operations to Gaussy, each of the six other members in our partnership acquired a capital interest in the new company, five through third-party share allotments (UTokyo IPC, Prologis, Mitsui Fudosan, Mitsubishi HC Capital, and Mitsubishi Estate) and one (MCLOGI) through a transfer of Gaussy shares owned by MC. Through this cross-industrial and cross-business partnership between industry and academia, each of our seven entities shall endeavor to create its own solutions to the problems impacting the warehousing sector by bringing to the table its unique assets, including digital technologies, know-how and networks in logistics properties, financial expertise and so on. Partner Comments UTokyo IPCLogistics continues to have an increased impact on business and society, while the logistics industry continues to face various issues, e.g., a surge of just-in-time transport and the labor shortage, to name a few. We are delighted and honored to take part in the cross-sector partnership under which Gaussy, the leading partner with visions and expertise, will address these issues. We look forward to working together for Gaussy's success as well as the acceleration of social transformation through collaboration between multiple stakeholders, including academia. PrologisAs the global leader in logistics real estate, Prologis develops, owns and manages nearly 4,700 logistics facilities in 19 countries around the world. In light of the increasing challenges that our customers are facing, Prologis endeavors to provide solutions beyond the logistics real estate. Through this partnership, we strive to provide further efficiencies by taking advantage of unused warehouse space in addition to providing labor solutions. Moreover, we hope to leverage our global scale to support Gaussy's future global expansion. Mitsui FudosanUnder its Mitsui Fudosan Logistics Park (MFLP) brand, Mitsui Fudosan has been engaged in the logistics property business for roughly a decade since its launch in 2012. This partnership will enable us to promote logistics-oriented DX in ways that should help the industry adapt to an evolving society. As a partner to all of our tenants, we look forward to taking on new roles in value creation that connects goods, labor and services in our properties. Mitsubishi HC CapitalMitsubishi HC Capital has been working on solving issues surrounding the logistics sector such as the workforce shortage, and growing environmental impact, with our partners, to create sustainable societies and improve people's quality of life. Mitsubishi HC Capital intends to leverage this partnership to offer Gaussy a set of diverse functions built up through many years of experience, which include both financing and ownership and management of asset. By doing so, we aim to be a valued partner in the new company's aim to meet customer needs with efficient and user-friendly services. Mitsubishi EstateMitsubishi Estate has been working on its own brand of logistics facilities developments called Logicross, which services customers across a wide array of businesses. We are keen to partake in this partnership, not only to construct the facilities, but also to enhance our services' customer-satisfaction rates and work in step with the other members to help identify new logistics solutions. MCLOGIAs a logistics-solutions provider, MCLOGI's business is to optimize its customers' storage-and-distribution operations. This partnership allows us to extend the full breadth of our logistics know-how and planning-and-design functions to Gaussy, which should raise its corporate value and help to develop the solutions needed to enrich society and stimulate economic growth. MCHere at MC, we are proud to have forged value chains in many different industries. In recent years, we have also been pursuing DX projects designed to help address challenges in warehousing, as that sector will be key to enhancing the sustainability of those value chains. Societal challenges cannot be met by one entity acting alone, but the partnership we have entered into today will make those solutions possible and help us to co-create expansive value. This value will also have the potential to boost Gaussy's corporate value, and ultimately help to realize a more affluent and prosperous society. Inquiry Recipient:Mitsubishi CorporationTelephone:+81-3-3210-2171Facsimile:+81-3-5252-7705 Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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The Most Expensive Physical Crypto Artworks SeaPRwire

The Most Expensive Physical Crypto Artworks

July 1, 2022
New York, NY, July 01, 2022 – (SEAPRWire) – Wei Art Collections believes that now and over time the top 100 contemporary art galleries and museums around the world will begin to showcase and exhibit crypto-related works, such as Gagosian Gallery, Hauser & Wirth, Pace Gallery, White Cube, Lisson Gallery, the Guggenheim, and eventually perhaps, even the Lourve in Paris! Wei Art Collections has expanded and is at the forefront of the creation of the most expensive physical crypto-related works of art. Wei Art Collections releases the most expensive physical artworks with commerative Bitcoin Innovation Series 21 and Ethereum creations 4’ by 8’ in size and weighing approximately 130 pounds each. These actual physical art creations dominate the crypto/blockchain contemporary art sector. When asked, Jean Marquette stated that physical art and NFTs have continued to increase in value even through resessionary times – which this new contemporary crypto-art genre will most likely also achieve. It is remarkable that the new NFT digital art sector has been able to receive multi-millions in acquisitons from high-tech platform founders and other finance world whales and visionaries investing in this new field of expression. As an example, Beeple’s recent 69 million dollar recent sales success titled “5,000 Days” (being the most expensive NFT work sold to date) came from a fan of Beeple, a crypto-tech billionaire investor/buyer named Vignesh Sundaresan (also known as Metakovan) who first had his vision that he needed an NFT to support his own vision for the metaverse. When the buyer Metakovan saw that Beeple was going to be featured on Christie’s Auction House, he was determined to win the auction to acquire a work as part of his metaverse vision and venture as he mentioned in several interviews. It becomes apparent that new artists are not required to demonstrate extensive sales or a history of shows or exhibits prior to selling on these new NFT platforms. The buyer was confident that through the reputation of this work being acquired through Christie’s Auction House which would bring notoriety to the sector which provided the credibility he needed for serving his venture’s goals. This purchase served as mutual support to all three parties involved. In questioning Jean Marquette regarding what some of the inspirations were for his vision for bringing the Wei Art Collections Innovation Series 21 to fruition, Jean Marquette recalled that when Andy Warhol was asked about his paintings, he replied that he simply paints what’s popular. Wei Art Collections, the most expensive physical crypto-art, features works that celebrate the bourgeoning field of Cryptography through the new world technology of blockchain digital assets. Owning an exclusive work from the WEI Art Collections Series will also serve as an investment that will go down in history and appreciate over time. For more information about the WEI Art Collections and how to be a part of this art world innovation please visit https:/weiartcollections.art/Read: Blockchain Art Gets Rave Reviews from Cryptocurrency ExecutivesRead: WEIartCollections.art Debuts Its Exclusive NFT CryptoArt Series at $238M Jean Marquette Wei Art Collections +971 4 311 6101 info@weiartcollections.art 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)
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Galaxy Survivor, a new 3D NFT Game, aims to foster the next blockchain gaming generation SeaPRwire

Galaxy Survivor, a new 3D NFT Game, aims to foster the next blockchain gaming generation

June 30, 2022
Hanoi, Vietnam, June 30, 2022 – (SEAPRWire) – Virtual Game Studio, one of the renowned game studios in the billion-dollar industry, has introduced a highly anticipated NFT game, Galaxy Survivor. Galaxy Survivor is a real-time strategy game that combines the competitive play-to-earn [P2E] model, well-thought-out role-playing, and NFT gaming technology. Leveraging blockchain technology, Galaxy Survivor allows gamers to enjoy an immersive, truly satisfying, and competitive game while completing missions, joining battles, and after that, receiving colossal and tradeable rewards. Galaxy Survivor aims to introduce a stable NFT gaming economy. Many NFT games are unsustainable and shallow – excess supply of tokens, unrealistic mint ratios, and the current fad of pumping and dumping tokens. Galaxy Survivor hopes to solve these sticking points and NFT devaluation by creating a brand-new NFT system called NFTism Balancing system includes NFT Recycle System, Rental Mechanism and NFT Quantity Limit System with DAO voting. Galaxy Survivor NFT Game Integrating a unique theme bordering galaxies and warships, all Galaxy Survivor NFTs are designed by strong in-house team from sketch to finish. The team’s decision to undertake this task aligns with Galaxy Survivor’s greater goal to showcase creativity and enthusiasm. One standout feature of the Galaxy Survivor NFT is the well-crafted, smooth 3D designs that deliver an unreal viewing experience for players. Galaxy Survivor employs different cinematic angles, giving players an unprecedented visual experience. Augmented Reality [AR] technology enhances the game visuals, allowing players to interact with game characters and artifacts, indirectly increasing NFT value. To curb the ongoing devaluation of NFTs, Galaxy Survivor presents NFT rental, voting, and recycling mechanisms. Galaxy Survivor NFT Types Galaxy Survivor integrates a divergent NFT system. There are 78 unique models of warships and over 300 models of wargears and gems. These idiosyncratic ranges of NFTs enable players to equip warships seamlessly. The varying NFTs in the Galaxy Survivor universe are – NFT Blueprints, NFT Warships, NFT Wargear, and NFT Legacy Gems. The NFT Warships are specifically for building the strongest team. This NFT type will have five unique rarity levels; Normal, Rare, Super-rare (SR), Super SR, and Ultra rare. NFT Blueprints will comprise a mysterious box containing a variety of NFT Warships that players can either buy or win by participating in several events. NFT Wargears are tiny parts of warships. Each will have individual stats and skill sets capable of boosting the power of the warships. The Wargear NFT type has three levels of uniqueness – Iron, Silver, and Gold. The NFT Legacy Gems, on the other hand, will have a direct attachment to warships. Gamers can utilize Legacy Gems to equip and strengthen their warships, dispelling the need to buy a new Warship NFT. The distinctive nature of the Galaxy Survivor NFT allows gamers to customize NFT holdings conveniently. By personalizing the Warship NFTs, these tokens will have more real value besides the obvious one – in-game character. Galaxy Survivor Solutions to prevent NFT devaluation As part of its long-term plans to address NFT devaluation, Galaxy Survivor incorporates an NFT recycling system, voting mechanism, NFT quantity limit, and a rental mechanism. In the Galaxy Survivor Universe, all NFTs such as Warships, Wargears and Legacy Gem will have a fixed-durability stat which will be burn down when being used. Along with that, each NFT also has a maximum number of times to be repaired (Warships, Wargears) or recharged (Legacy Gems). When those resources are used up, NFTs will be converted into “Broken NFTs” which only have collectible value and can no longer be used in the Game, except in NFT Recycle System. The NFT recycling system is where players can combine broken NFTs into a new NFT with a higher rarity and strength than the old NFT. This Gacha mechanism will attract many players to buy broken NFTs to try their luck and the marketplace will become more vibrant and create liquidity for broken NFTs. Galaxy Survivor aims to build a thrilling gaming universe where players can enjoy genuinely satisfying gameplay in a balanced game economy. To improve the game quality and the experience of gamers, the team constantly releases new versions and attracts thousands of registered accounts. Players can play the game HERE. That’s not all: Galaxy Survivor has launched strategic marketing campaigns that will keep gamers engaged with the project as well as share more about their diverse NFT system and innovative methods that make them one of the leading projects for the new generation of blockchain games. To fully experience the features and the well-designed NFT items, Galaxy Survivor will soon announce INO rounds in which the community can purchase their favorite NFTs for a strong formation when taking part in the battles. If you want to sign up for early participation, go to Galaxy Survivor Marketplace and purchase Ticket Sale to reserve whitelist slots and get discounts for the INO rounds with many other rewards: Special NFT items valued $2000, various kinds of NFT and in-game items, Oculus VR Headset, stable coins, and so on. About Galaxy Survivor Galaxy Survivor is the brainchild of Virtual Game Studio. It was designed to provide a fantastic gaming experience where players can enjoy exciting, strategic P2E-based, competitive battles and embark on adventurous missions. Employing advanced technology, Galaxy Survivor introduces a new concept capable of abating NFT devaluation in the P2E gaming industry. Social Links Twitter: https://twitter.com/galaxy_survivor Telegram: https://t.me/galaxysurvivor Discord: https://discord.com/invite/7UsmnVDE3d Facebook: https://www.facebook.com/GalaxySurvivor Medium: https://medium.com/@GalaxySurvivor Youtube: https://www.youtube.com/channel/UCOzf2JolnIcLX6EP_gBlLDQ Media Contact Brand: Galaxy Survivor Contact: Giang, CEO Email: admin@galaxysurvivor.io Website: https://www.galaxysurvivor.io/ SOURCE: Galaxy Survivor 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)
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CortDAO Racing W Series Team Launches NFT Initiative To Supercharge Women’s Participation In Motorsports ACN Newswire

CortDAO Racing W Series Team Launches NFT Initiative To Supercharge Women’s Participation In Motorsports

June 30, 2022
Hopes to raise GBP1million with initial release; proceeds go to team sponsorship and CortDAO's W Series investment LONDON, June 30, 2022 - (ACN Newswire via SEAPRWire.com) - Women have been historically underrepresented in motorsport due to the lack of funding and opportunity. CortDAO, in partnership with W Series, is looking to change that dynamic. By appealing to the Web3 community and a growing women's motorsports fanbase, CortDAO is launching its first-ever series of NFTs, with its proceeds to be invested in W Series. CortDAO was founded by Michael Livingston with the mission to build a community-led platform that could authentically promote female racers and further women in motorsports. The first step of its mission was to launch a team in W Series, the world's first free-to-enter single-seater motor racing championship for women. Unveiled in March, the CortDAO Racing W Series Team now competes in the 2022 season of W Series and is preparing for the upcoming round at Silverstone, UK, alongside the F1 Lenovo British Grand Prix this weekend. CortDAO is looking at new ways to involve the Web3 community in its crowdfunding ventures, as well as engage with corporate sponsors who believe in its mission. With W Series Round 4 around the corner, the focus is now on releasing CortDAO's first-ever NFTs (non-fungible tokens) to secure additional investment. Launching on 30 June - a total of 10,000 NFTs depicting two bespoke CortDAO Racing assets (5,000 NFTs of each design with a unique identifier from 1 to 5,000) will be issued. The two designs, created by Team Quantum Punks, will be 3D virtual depictions of the limited-edition racing helmets of team drivers Marta Garcia (21, ESP) and Fabienne Wohlwend (24, LIE). One-third of the proceeds from the sale of CortDAO NFTs will go towards sponsorship of the team, and two-thirds of the proceeds will go towards CortDAO's investment in W Series Limited at the last traded price. CortDAO is looking to raise GBP1milion in this initial release, and in time, CortDAO will offer purchasers the opportunity to convert each NFT into a token. Michael Livingston (Founder CortDAO) "We have had many people wanting to assist in growing W Series and women's racing and have tried to price our NFTs as affordable as possible to our fanbase. Our NFTs will bring fans closer to the action and allow them to feel a sense of pride as their money will go towards supporting women struggling to succeed in a male-dominated sport. CortDAO will not receive any profits from the sale of its NFTs, so our intentions are genuine. The proceeds after costs will flow to W Series so that purchasers will be helping not only CortDAO and our brilliant drivers, Fabienne Wohlwend and Marta Garcia, but also the whole W Series." Follow: Instagram // Discord // TikTok // Twitter // OpenSea // Contact: Email: contact@cortdao.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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China Wantian Announces its Annual Results ACN Newswire

China Wantian Announces its Annual Results

June 28, 2022
HONG KONG, Jun 28, 2022 - (ACN Newswire via SEAPRWire.com) - China Wantian Holdings Limited ("China Wantian" or the "Group"; stock code: 01854.HK) is pleased to announce its audited annual results for the year ended 31 March 2022 (the "financial year" or the "year under review"). Mr. HOOY Kok Wai (left), Chairman of the Board and Executive Director; and Mr. ZHONG Xueyong (right), Chief Executive Officer and Executive Director of China Wantian host the opening and unveiling ceremony of the Group's Zhongshan Branch.During the year under review, China Wantian continued to operate its business in Hong Kong. The Group is principally engaged in sourcing, processing and supplying food ingredients, with a focus on the provision of vegetables and fruit to food service operators in Hong Kong. It currently supplies in excess of 1,300 food ingredients to more than 480 customers. Leveraging the relaxation of social distancing measures and 2021 Consumption Voucher Scheme by Hong Kong government, the local consumer sentiment and operating environment in the catering industry gradually improved. Benefitting from an increase in orders with signs of revival in the food and beverage sector, the revenue of the Group recorded remarkable growth prior to the outbreak of the fifth wave of COVID-19 in Hong Kong. Total revenue of the year increased by approximately 19.7% year-on-year to approximately HK$127.7 million, with gross profit and gross profit margin of approximately HK$18.7 million (Year ended 31 March 2021: HK$13.2 million) and 14.6% (Year ended 31 March 2021: 12.4%) respectively. However, in support of its business development and expansion, higher operating expenses were incurred during the year under review, among which were legal and professional fees accrued in relation to the general offer. A provision for expected credit losses of approximately HK$5.4 million was recognised following the assessment of the credit history of its customers and market conditions during the year under review, loss for the year of approximately HK$11.0 million was subsequently recorded. The Board does not recommend the payment of a final dividend for the financial year (Year ended 31 March 2021: Nil).In May 2022, the Group established its Greater Bay Area headquarters in Shenzhen's Nanshan district, marking its official debut in the high-potential Greater Bay Area market. At the same time, the Group announced that it will double its effort to develop three main businesses including fresh food supply, retail and catering, as well as environmental protection and technology, grasping opportunities and actively enhancing its brand recognition in the Greater Bay Area, in order to expand its customer base and market share while enhancing diversity in business and maintaining its competitiveness.With regards to fresh food supply business, the Group will capitalise on its advantages in Hong Kong supply chain business, exercising superior task management in respect of procurement, orders, inventory, receipt and delivery, boosting efficiency to deliver fresh ingredients to customers in a safe, efficient and cost-effective manner. At the same time, the Group plans to replicate its successful experience in the local market in the Greater Bay Area market and also identify potential business partners and explore opportunities in this new market to expedite its development, by working with leading partners and efficiently sharing resources, in hopes of grasping the huge demand of the Greater Bay Area market and expanding income source.In addition, the Group will actively grow its downstream business, including retail- and catering- related business. The Group strives to seize the business opportunities of the retail and catering industry in the Greater Bay Area, further expanding its restaurant network to other cities and its catering business territory in the Greater Bay Area. Leveraging its advantages of the having a whole-industry supply chain that includes upstream, midstream and downstream businesses, the Group will open more restaurants featuring fresh ingredients and gradually establish its food and beverage brand "Wantian Catering". Recently, the Group has strategically opened two restaurants named "Hong Kong Style Seafood Hot Pot Restaurant" and "Korean Seafood BBQ Restaurant" featuring fresh ingredients in Zhongshan city, Guangdong Province. The Group will actively enhance its brand recognition in the Greater Bay Area to expand its customer base and market share.In environmental protection and technology business, the Group actively supports the national development approach of "modern agricultural technology and environmental protection", integrating agricultural technology and green environmental protection, utilising available rooftop for farming and increasing the urban green area. This enables the Group to promote the idea of green city with the supplies of "safe vegetables", and also promote the concept of green education to enterprises and schools in the Greater Bay Area, thus supporting the region's sustainable development.The Group will continue to adopt its multi-pronged approach to accelerate the business development in the Greater Bay Area. Subsequent to the establishment of its headquarters in the Greater Bay Area, the Group officially opened its Zhongshan Branch this month. On 23 June 2022, a grand opening and unveiling ceremony was held in its Zhongshan Branch with the presence of Mr. HOOY Kok Wai, Chairman of the Board and Executive Director; and Mr. ZHONG Xueyong, Chief Executive Officer and Executive Director of China Wantian. The establishment of Zhongshan Branch signifies that Zhongshan, Guangdong province will become the Group's regional headquarters in the Zhuhai-Zhongshan-Jiangmen Economic Circle. The Group is also optimistic about the business prospects of Zhongshan, Guangdong Province, striving to embark its three main businesses from Zhongshan, Guangdong Province and gradually expand its businesses to the Greater Bay Area market.Looking ahead, following the phased easing of social gathering restrictions by Hong Kong government, the catering business environment has improved significantly. The Group expects its business in the city to develop steadily. At the same time, the role of Group's Hong Kong headquarters as a financial centre can provide full support as a strong backing to its Shenzhen headquarters. As the Chinese economy is expected to recover rapidly in the post-pandemic era, the Group's Greater Bay Area business will become increasingly important. In the long run, the business in the Greater Bay Area is expected to bring stable and sustainable income to the Group and poised to become the key growth engine for the Group's business. The Group officially changed its Chinese and English name respectively to "China Wantian Holdings Limited" in December 2021, manifesting its adjustment in business strategies and proactive rejuvenation of corporate image, which fosters the future business development of the Group.The Group's management expressed that the Greater Bay Area, being one of China's most open and economically vital regions, is of great importance for the nation's continued development. With its huge market, unique regional advantages, open trade environment and dynamic industry structure, the Greater Bay Area will create unprecedented development opportunities for the Group. The establishment of the Group's Shenzhen headquarters is the first part of its business development strategy for the Greater Bay Area. In the future, the Group will focus on developing three main businesses in this market, including fresh food supply, retail and catering, as well as environmental protection and technology. The Group will establish a whole-industry supply chain that includes upstream, midstream and downstream businesses in the Greater Bay Area, and boost its market share by leveraging its unique competitive advantages. The management believe that the three main business initiatives, with their strong synergies, will open up unique opportunities and facilitate the establishment of a leading green brand in the Greater Bay Area.About China Wantian Holdings LimitedChina Wantian (1854.HK) is principally engaged in sourcing, processing and supplying food ingredients, with a focus on the provision of vegetables and fruit to food service operators in Hong Kong. It supplies in excess of 1,300 food ingredients to more than 480 customers. In May 2022, China Wantian established its Greater Bay Area headquarters in Shenzhen, marking its official debut in the Greater Bay Area market. The Group will focus on developing three main businesses in this market, including fresh food supply, retail and catering, as well as environmental protection and technology and actively establish a leading green brand in the Greater Bay Area to provide customers with fresh, healthy and safe food.For more details, please visit: chinawantian.etnet.com.hk Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Panthera Growth to Raise US$250 Million Second Fund to Back Tech Companies ACN Newswire

Panthera Growth to Raise US$250 Million Second Fund to Back Tech Companies

June 28, 2022
Singapore, Jun 28, 2022 - (ACN Newswire via SEAPRWire.com) - Panthera Growth Partners (PGP), a Singapore-based tech-focused growth investment firm, today announced the first close of its second Fund, having secured commitments for more than half of the target raise. The fund's target has been set at USD 250 million, and is expected to be reached by end of this fiscal year. The fund will offer up to 100% of fund commitments in co-investment opportunities.Shilpa Kulkarni, Founder and Managing Partner, Panthera Growth FundThe Fund's investment objective is to partner with next generation consumption and enterprise services businesses with vast growth potential. The Fund's capital will be invested in companies that have achieved product market fit and are seeking to accelerate market growth. The Fund will deploy approx. USD20 million on average in 10-12 individual portfolio companies across India and Southeast Asia.Backed by institutional investors from India, EU and USA, Fund II will seek to back entrepreneurs who typically employ market transformational ideas propelled by technology. Fund II has been formed to build upon the investment track record and philosophy of the firm by focusing upon investments in growth stage technology-enabled companies that are, or are poised to become, leaders in their respective markets.Panthera was founded in 2021 and its Fund I, which raised $84 M from global institutional investors, is largely deployed across sector leading companies such as BigBasket, Pepperfry, Zivame, OfBusiness, etc.Shilpa Kulkarni, Founder and Managing Partner, Panthera Growth Fund, said, "We are a growth equity investor focused on revenue-generating enterprises that are building scalable businesses having achieved product-market-fit. At Panthera, we believe that operating thought partners are as just as important as capital at this growth stage. With our teams' experience of investing and operating companies in the startup ecosystem since more than two decades, we look to support entrepreneurs and management teams as they embark on an ambitious growth journey."About Panthera Growth PartnersPanthera Growth Partners is a sector specialist investment firm investing exclusively in cutting edge technology leveraged businesses. We are differentiated by our sector specialization, deep network of operational resources and industry relationships, systematic value creation process, and strong execution capability.For more information, visit www.pantheragp.comMedia contacts:Mumbai: Snigdha Nair - Snigdha.nair@adfactorspr.comSingapore: Namrata Sharma - namrata.sharma@adfactorspr.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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Aretis Creces Protocol – DeFi 3.0 integrated DAO SeaPRwire

Aretis Creces Protocol – DeFi 3.0 integrated DAO

June 27, 2022
Aretis Creces Protocol, June 27, 2022 – (SEAPRWire) – DeFi 3.0 is a new financial protocol that makes staking easier and gives $ARIS token holders the highest fixed return in crypto with 266,968.29% APY. Extremely volatile market context The current market is witnessing a sharp decline; popular cryptocurrencies like BTC, ETH or BNB have really struggled in the last month. Moreover, a lot of negative information is causing confusion for the community. With the mission of bringing the divided community together, the development team has worked very hard to build and create a truly secure and reliable monetization protocol – Aretis Creces Protocol. So what are the outstanding advantages of Aretis Creces protocol? An exceptional, secured and transparent protocol Trading activities are potentially risky; when the market falls, even the leading funds face face the risk of bankruptcy. Aretis Creces Protocol simplifies all investor operations and minimizes all possible risks; all they need to do is buy tokens and hold them in their wallet. Buy-Hold-Earn How does Aretis Creces Auto-Staking work? When you buy $ARIS, your tokens are instantly staked and started getting rebase rewards transferred straight to your wallet every 10 minutes, 144 times per day. By using a Positive Rebase formula, Aretis Creces allows token distribution to be paid directly proportionate to epoch rebase rewards, worth 0.015012% of the entire $ARIS tokens stored in your wallet every 10 minute epoch period. The rebase rewards are distributed to all $ARIS holders at the end of each epoch (rebase period). With a continuous and entirely automated operating mechanism, this will be one of the advantages for Aretis Creces Protocol to be easily accessible and targeted to all investors, even those who are not proficient in using the system’s operations or do not have much time to check the market frequently. DAO-Referral Rewards The developers of the Aretis Creces Protocol have built a DAO-Referral Reward mechanism, which allows anyone to participate in the protocol development. Members can build small, decentralized ‘autonomous organizations’ working towards a common goal. 10% of trading fee is allocated to the Referral Rewards fund, which will be used to reward users who contribute to ACP. Connection binding is confirmed by $ARIS01 token, which is obtained through the Referral Rewards program. To get Referral Rewards, you must meet the following conditions: – Hold at least $1,000 ARIS tokens – Transfer at least 1 $ARIS01 token to a wallet address that does not have any $ARIS01 tokens Referral Bonus will be calculated and distributed as follows: When the friend you refer buys $ARIS tokens, 10% of the trading volume is shared by the last 10 referrers, which is 4 %, 2%, 0.5%, 0.5%, 0.5%, 0.5%, 0.5%, 0.5%, 0.5%, 0.5% Obviously, the DAO-Referral Rewards mechanism not only promotes community development, but also helps users, along with fixed APY, have the opportunity to earn a lot more $ARIS. The widely spread project will attract many new users, forming a strong community, and as a result, getting more profits. The investors themselves will be a “small-scale developer” of the project, and of course, their constructive activities will be well rewarded. The developers have figured out a means to build the DAO-Partner Program to exploit the gap – connect the market right in the IDO phase of the project. After staking 300 USDT, you will be able to apply for ACP-DAO partnership with a limitless number of partners and enjoy the following benefits: – After claiming 500 $ARIS01, you need to build your ACP-DAO team structure before $ARIS listing (the ACP-DAO binding relationship will be validated after you send at least 1 $ARIS01 to an address that has never received $ARIS01 before). – Once inviting at least 10 IDO participants, your staked 300 USDT will be refunded, and you will be eligible for an extra $ARIS IDO allocation of $200 USDT, as well as an ACP NFT (transferable to others), with which you will get ACP dividends. – If the task is not completed at the end of IDO Round, 300 USDT will not be refunded. – Dividend: 6% of all selling fees will become dividends distributed to all wallet addresses holding NFT. Have faith and overcome the downtrend It is difficult to predict that the market will get better in the near future; many experts believe that we will still have to experience new “shocks” from the Crypto Market. The tremendous development of Blockchain technology and the benefits it brings are obvious. However, for a protocol or project to survive and thrive, a really trustworthy smart contract, a multinational community that breaks down cultural barriers and expands people’s access to technology, are required. The Aretis Creces protocol takes advantage of the increased interest in the Cryptocurrency market. With easy, accessible operation, smart and transparent mechanism, the project is expected to grow significantly in the next few years. Aretis Creces Protocol will really be a new financial protocol for bringing wealth. Social Links Twitter: https://twitter.com/aretis_io Telegram: https://t.me/aretisgroup Discord: https://discord.gg/vap2dxg9Bx YouTube: https://youtube.com/c/aretiscreces Media Contact Brand: Aretis Creces Contact: Joe Stanley E-Mail: joe@aretis.io Website: https://aretis.io SOURCE: Aretis Creces 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)
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Zisre Tech Begins Crowdfunding to Develop Revolutionary Robotics to Support People with Physical Disabilities 

June 27, 2022
Glasgow, Scottland, June 27, 2022 - (SEAPRWire) - Zisre Tech, a robotics company dedicated to creating affordable robotic technology for the average household, has begun the next phase of development in robotics designed to assist those living with physical disabilities. For Zisre to complete the next stage in development, a crowdfunding effort has been created to raise awareness for the development and research phase of the project and help bring in support to provide the funds they need to complete the work. The development, research, and advances made within the robotic industry are designed to enhance everyday life in the home and workplace. However, robotics technology is not an affordable option for many households worldwide. Zisre Tech lays out a roadmap over the next two years dedicated to help get robots in the homes of people who need them the most, those living with physical disabilities unable to complete daily tasks. The affordability of Zisre Tech’s enhanced robots and inventive use of materials will make this possible. Once they are ready to market, these advanced robots will be affordable for the average person. They are designed to be able to perform tasks that may be challenging for many people living with disabilities to complete on their own. Advanced robots can complete tasks such as cooking and cleaning to support the daily routine involved in running a home. For the research and development phase, Zisre Tech needs a total of 45% of the first round of funding to complete the research into the movements, AI tech, and materials required to make the robots. The funding will also allow them to develop advanced arms with the ability to complete the requested tasks. Thorough testing will be completed before licenses are requested to take the robots to the market for the general public. Once licenses are obtained, Zisre Tech will begin manufacturing the life-changing robots. People can support Zisre Tech's robotic technologies by making contributions through support contributions, donation contributions, zero-interest loan contributions, or reward contributions. People can make a simple contribution if they want to support the funding efforts without receiving their money back. People can also provide support through one of the many options that give their funds back after the company becomes profitable or after a specified time. Through the donation contributions, any amount donated plus an additional 15% will be donated to local charities once the company becomes profitable. For those participating in the reward contribution, Zisre Tech will give their contribution plus an additional 15% to them as spending rewards to use on products once their robots are ready to go to market. People can support by applying for a zero-interest loan where they will receive their funds back within 36-60 months. About Zisre Tech Zisre Tech, established in 2018, has put together a team of dedicated individuals committed to creating cost-effective robotics to help simplify life around the home for the average person and provide assistance for those that need it most. Zisre Tech's robotics are made possible through the support from the community and continuing contributions that make it possible to develop the future of robotics. Learn more about Zisre Tech by visiting https://www.zisretech.com/ Media Contact Brand: Zisre Tech Contact: Media team Email: HELLO@ZISRETECH.COM Website: https://zisretech.com/ SOURCE: Zisre Tech 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)
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Toyota and Suzuki to Deepen Collaboration in the Fields of Development and Production in India JCN Newswire

Toyota and Suzuki to Deepen Collaboration in the Fields of Development and Production in India

June 24, 2022
TOKYO, Jun 24, 2022 - (JCN Newswire via SEAPRWire.com) - Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) signed a memorandum of understanding for a business alliance in 2017. Since then, the two companies have been bringing together Toyota's strength in electrification technologies and Suzuki's strength in technologies for compact vehicles for joint collaboration in production and in the widespread popularization of electrified vehicles.Toyota and Suzuki are promoting mutual supply of vehicles globally, which is one of the collaborations in the business partnership, and the two companies will now start production of a new SUV model developed by Suzuki at Toyota Kirloskar Motor Pvt. Ltd. (TKM) from August. Maruti Suzuki India Limited and TKM will market the new model in India as Suzuki and Toyota models, respectively. Furthermore, the two companies are planning to export the new model to markets outside India including Africa.The powertrains of the new model to be on sale in India, will be equipped with mild hybrid developed by Suzuki and strong hybrid developed by Toyota. By bringing together strengths of both Toyota and Suzuki through the collaboration, the two companies will be able to provide a wide variety of vehicle electrification technologies to customers and contribute to the acceleration of electrification and the realization of a carbon-neutral society in India.Including investment in expansion of collaboration in India, Toyota and Suzuki will remain committed to the achievement of the "Make in India" initiative promoted by the Indian government, and contribute to sustainable economic growth and to the vision of achieving net zero GHG emissions by 2070.Toyota President Akio Toyoda said: "We are pleased to announce the new SUV with Suzuki, a company that has a long history of local involvement in the Indian business. Today, the automotive industry is facing various challenges such as electrification and carbon neutrality. By leveraging the respective strengths of Toyota and Suzuki to provide Indian customers with a variety of options, we hope to contribute to the reduction of CO2 emissions and realize a society where 'no-one is left behind' and 'everyone can move freely.'"Suzuki President Toshihiro Suzuki said: "Production of the new SUV at TKM is a project that can contribute to the growth of India through providing eco-friendly mobility needed by customers. We recognize that it is a big milestone toward further deepening our collaboration in the future. We appreciate the support from Toyota, and at the same time, will explore new synergy and business opportunities through continuous collaboration." Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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TOYOTA GAZOO Racing announces team setup for Nurburgring Endurance Series JCN Newswire

TOYOTA GAZOO Racing announces team setup for Nurburgring Endurance Series

June 23, 2022
TOKYO, Jun 23, 2022 - (JCN Newswire via SEAPRWire.com) - TOYOTA GAZOO Racing (TGR) will compete in Rounds 4 and 6 of the N?rburgring Endurance Series (NLS(1)). Although TGR has decided not to participate in this year?s 24 Hours of N?rburgring Endurance Race(2), it will refine people and cars, and continue its pursuit of making ever-better motorsports-bred cars through domestic testing and participation in the NLS with a view toward next year and beyond.N?rburgring is a demanding course that is 25km in length, has a maximum altitude difference of 300m, and features 172 corners. The N?rburgring 24 Hours Race, which TGR competed in from 2007 to 2021, with the aim of "refining people, refining cars," represents the roots of TGR. The mechanics and engineers, who are Toyota employees, aim to test the cars to their limits and learn how to make them better than ever by gaining experience under even harsher conditions than testing and evaluations conducted on regular test courses. This valuable experience is subsequently fed back into the development of all kinds of vehicles.NLS Round 4 (to be held on June 25) is a 4-hour endurance race and will feature drivers Tatsuya Kataoka, Hiroaki Ishiura, Masahiro Sasaki, and Takamitsu Matsui. NLS Round 6 (to be held on September 10-11) is a 6-hour endurance race held over two days for a total of 12 hours of racing(3).TGR will compete with the LEXUS LC and the new GR86. The LC will be refined through the investment of a significant amount of advanced technology that will be used in future production vehicles, centered around body rigidity, aerodynamic development, and suspension technology. The new GR86 is competing for the first time at N?rburgring. It is equipped with a 2.4-liter engine that is more powerful than the previous model and will take on the challenges of the world?s most demanding course.(1) Nurburgring Langstrecken Series(2) Event dates (May 28-29, 2022) conflict with major races in Japan, which would hinder the team preparation and setup(3) Drivers for NLS Round 6 will be decided at a later date(4) A member of Toyota Motor Corporation Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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MHI and Chugoku Electric Conclude Basic Agreement toward 100% Renewable Energy Usage at Mihara Machinery Works JCN Newswire

MHI and Chugoku Electric Conclude Basic Agreement toward 100% Renewable Energy Usage at Mihara Machinery Works

June 23, 2022
TOKYO, Jun 23, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) and The Chugoku Electric Power Co., Inc. (Chugoku Electric), which is based in Hiroshima, today concluded a basic agreement under which all electricity consumed at MHI's Mihara Machinery Works (Mihara, Hiroshima) will be replaced with green power, etc. derived from renewable energy sources by the end of fiscal 2023 (March 31, 2024).Under the agreement, Chugoku Electric will newly install 10-megawatt (MW) class photovoltaic (PV) facilities at the Mihara Machinery Works' Wadaoki Plant, and will supply green power, etc. to MHI under a combination of onsite and offsite power purchase agreements (PPAs)(1). The environmental value created by the PV facilities at the Wadaoki Plant will be applied to achieve full decarbonization throughout the Mihara Machinery Works, including its Itozaki and Kohama plants. When completed, the scheme - which is the first of its kind undertaken by either of the two project partners - will result in a near 10,000-ton annual reduction in the Mihara Machinery Works' carbon emissions.Under the project scheme, the power generated by the PV facilities at the Wadaoki Plant will initially be used in-house at the plant, through the PPA onsite as specified. Any excess power will be supplied through the power grid to the Itozaki and Kohama plants, under an offsite PPA.Additionally, any surplus power unused by the Mihara Machinery Works' three plants will be supplied to other MHI plants. The environmental value of the power supplied to other plants will be allocated to power supplied by Chugoku Electric(2) to meet the Mihara Machinery Works' nighttime demand, etc.(3) As a result, all power used at the Mihara Machinery Works will be replaced by green power, etc. making use of the environmental value derived from the Wadaoki Plant.Going forward, MHI and Chugoku Electric will each make use of the expertise acquired under this project, and they will also pursue further collaboration in developing and proposing new solutions for achieving carbon neutrality.(1) Under an onsite PPA, the PPA contractee has PV facilities installed on its premises, factory roof, etc. and the power produced is used within the site. Under an offsite PPA, the power generated on the PPA contractee's site is distributed to facilities at the company's other site or sites and supplied by retail power providers.(2) This power is generated by facilities other than the PV facilities at the Wadaoki Plant (renewable energy power plants owned by Chugoku Electric, etc.).(3) Nighttime and corresponding demand refers to power demand during time frames when PV facilities produce no power. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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