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Ev Dynamics Welcomes Further Investment from International Investors

By
Laotian Times
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HONG KONG SAR – Media OutReach – 16 December 2021 – Ev Dynamics (Holdings) Limited (the “Company”, Stock Code: 476, together with its subsidiaries, collectively “Ev Dynamics” or the “Group”), a provider of new energy vehicles and integrated technology solutions, has received notice from Colombian entrepreneur Mr. Frank Kanayet Yepes that he has acquired an additional 150 million shares of the Company at a purchase price of HK$0.150 per share, adding to his first investment early this year.

 


Colombian entrepreneur Mr. Frank Kanayet Yepes has made a further investment in Ev Dynamics to support the Group to achieve its potential of innovative technologies and enlarged its market coverage.

Following this latest move, Mr. Kanayet Yepes holds a total of approximately 270 million shares; increasing his shareholding in the Company’s shares to 3%. Mr. Kanayet Yepes will pay a premium of approximately HK$9.6 million over the current share price.

 

Mr. Miguel Valldecabres Polop, CEO of Ev Dynamics, said, “We are pleased to see Mr. Kanayet Yepes’ enlarge his shareholding as it represents a further vote of confidence in Ev Dynamics. He has a successful investment track record in various industries and is a firm believer in the future of electric vehicles. We are thrilled that Mr. Kanayet Yepes recognizes the glowing prospects that electromobility possesses and how the combination of our technological advantages and development strategies can result in a sustainable and robust business.”

 

“Electric vehicles promise smooth operation and high safety, as well as zero emission which will improve air quality,” said Mr. Frank Kanayet Yepes. “Ev Dynamics has the potential to accelerate the adoption of electromobility across different markets by providing a strong value proposition to its customers. I am pleased to support the Group to achieve its potential of innovative technologies and enlarged its market coverage. I strongly believe that Ev Dynamics will become a global leader on electric buses and vans. The market is huge, and Ev Dynamics has a precious know-how and facilities to conquer it. Ev Dynamics can become the Tesla of public transportation.”

Mr. Frank Kanayet Yepes founded his own oil exploration company in Latin America. He owns an electromobility fund and was the first investor in the electric supercar maker Rimac Automobili (Croatia) – China Dynamics (the Company before the renaming) subsequently became the second investor in the company. In addition, Mr. Kanayet Yepes was one of the first investors into FIA Formula E and owns several other emobility investments worldwide.

About Ev Dynamics (Holdings) Limited (Stock Code: 476)

Ev Dynamics is a pioneer and prominent player in China’s new energy commercial vehicles market, as well as a whole-vehicle manufacturer of specialty vehicles and new energy passenger vehicles. It is an integrated driving and logistics solutions provider with a solid technological foundation in diverse areas including new energy platform power systems and their key components. It has a production base in Chongqing and has developed its sales network in China, Hong Kong, Asia Pacific and South America.

#EvDynamics

Replay Your Year with Facebook Year Together and Instagram Playback

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Advertorial Desk
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The year 2021 has been an era of transition for many people across the globe. We’ve all worked together to find new ways to reconnect, discover new communities and celebrate each triumph. Here’s how you can recap and replay your biggest moment on the Facebook app and Instagram:

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Novus Delivers Strong Growth in Oil and Gas Business

By
Laotian Times
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Completed Drilling of 33 Wells in 2021

Average Daily Production Volume Surged by 130% YoY

 

HONG KONG SAR – Media OutReach – 16 December 2021 – Yanchang Petroleum International Limited (“Yanchang Petroleum International” or the “Company”; Stock Code: 00346) is pleased to announce that its wholly-owned subsidiary, Novus Energy Inc. (“Novus”), which explores, develops and produces crude oil and natural gas in Saskatchewan and Alberta in Canada, delivered outperforming operational results in its Viking formation. The average daily production volume increased from 1,000 barrels/day in December 2020 to 2,300 barrels/day currently, representing a 130% year-on-year growth.

 

With the easing of the pandemic and the recovery of commodity prices in 2021, the Novus team has adopted a positive and aggressive well drilling plan in 2021. Amongst others, a total of CAD41 million has been invested in the development of the Viking properties to shorten the time between drilling and production and to maximize profitability. In 2021, Novus has drilled 33 wells in the Viking formation, four in Alberta and 29 in Saskatchewan, reaching a total length of 28.8km in its horizontal section and achieving an industry-leading drilling speed of 2.9 days/well. Completion of the Viking wells is also in progress.

 

In addition, Novus has successfully drilled a new well in the exploration area in Saskatchewan, which has been fracture completed and has started production.

 

Mr. Feng Yinguo, Chairman of Yanchang Petroleum International, said, “We are pleased with the operational results of Novus this year. The production ramp-up program launched by Novus is proven to be successful. The Novus team has strived to ensure the normal and safe operation of the formation during the pandemic, and aimed to improve the efficiency of well drilling and completion. With the global economy reviving, it is expected that demand will drive up the oil price steadily. The Company will continue to seize favorable opportunities, improve the quality and efficiency, and keep optimizing the oil and gas business of Novus, thereby maximizing the benefits of the shareholders of the Company.”

 

About Yanchang Petroleum International (Stock Code: 00346)

Yanchang Petroleum International is principally engaged in the following activities (i) exploration, exploitation and operation of oil and gas; and (ii) fuel oil trading and distribution. In its upstream operations, Yanchang Petroleum International possesses operating oilfields in Saskatchewan and Alberta, Canada, through its wholly owned subsidiary Novus Energy Inc., a Canadian enterprise. Novus engages in the business of acquiring, exploring for, developing and producing crude oil and natural gas. In its downstream operations, Yanchang Petroleum International is principally engaged in wholesale, retail, storage and transportation of oil products through its 70% owned subsidiary, Henan Yanchang Petroleum Sales Co., Limited, and which has been granted valid licenses for distribution and sales of oil products in China. The Group also established oil products trading companies in Zhoushan, Zhejiang and Shenzhen, China, respectively, for expanding its oil products trading business which will become a new profit driver.

For details, please refer to http://www.yanchanginternational.com

#YanchangPetroleumInternational

The issuer is solely responsible for the content of this announcement.

Hong Kong Design Centre Urges the Public to Vote in December 19 LegCo Election

By
Laotian Times
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HONG KONG SAR – Media OutReach – 16 December 2021 – Hong Kong Design Centre, the Hong Kong SAR Government’s strategic partner in promoting the wide and strategic use of design and design thinking, encourages members of the public to support the seventh-term Legislative Council Election by casting their vote on 19 December.

 

With a public mission of establishing Hong Kong as an international centre of design excellence in Asia and beyond, Hong Kong Design Centre welcomes the recent policy initiatives for promoting Hong Kong’s creative and cultural industries. In the Chief Executive’s Policy Address in October, it was proposed that a Culture, Sports and Tourism Bureau be set up to oversee the development of the creative industries, complementing the 14th Five-Year Plan to position Hong Kong as Asia’s city of culture and creativity by taking advantage of its East-meets-West creative atmosphere.

 

Hong Kong Design Centre’s Chairman, Prof. Eric Yim said, “A thriving creative and design ecosystem has vast potential to create value across disciplines and enhance our city’s wellbeing. With the Government’s clear direction for advancing the creative industries, it is important that we elect a capable team that can reflect the interests of different groups, while harnessing Hong Kong’s creative talent and assets to build a better future for our city.”

 

Hong Kong Design Centre appeals to all eligible voters to participate actively in the LegCo Election on 19 December.

About Hong Kong Design Centre

Hong Kong Design Centre (HKDC) is a non-governmental organisation, and was founded in 2001 as a strategic partner of the HKSAR Government in establishing Hong Kong as an international centre of design excellence in Asia. Our public mission is to promote wider and strategic use of design and design thinking to create business value and improve societal well-being, with the aim of advancing Hong Kong as an international design centre in Asia. Learn more about us at www.hkdesigncentre.org

#HongKongDesignCentre

The issuer is solely responsible for the content of this announcement.

Thai PM Tells Residents to Raise Chickens to Overcome Poverty

By
Laotian Times
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Thai PM Prayut in Yala Province.
Thai PM Prayut in Yala Province (Photo: National News Bureau of Thailand).


The Prime Minister of Thailand, Gen. Prayut Chan-o-cha, has advised residents of his country to raise two chickens per family to help them save on the cost of living.

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Sino Jet reelected as World’s Leading Private Jet Company at World Travel Awards 2021

By
Laotian Times
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HONG KONG SAR – Media OutReach – 16 December 2021 – On December 16, 2021, the 28th World Travel Awards (“WTA”) has unveiled its Global 2021 list of winner, Chinese business jet company Sino Jet among the top private jet companies worldwide, took the highest honour of the “World’s Leading Business Jet Company Award” for the second consecutive year. Sino Jet believes that operation at the highest safety standards, service excellence and information integration are the keys to its success. This recognition will undoubtedly strengthen the market positions and influences by Chinese business jet companies on the global industry.

 

Sino Jet has been awarded as World’ s Leading Private Jet Company at World Travel Awards 2021.

The World Travel Awards was established in 1993 to acknowledge, reward and celebrate excellence in travel, tourism and hospitality. World Travel Awards programme comprehensively covers various areas including customer satisfaction, service quality, overall business performance, product innovation, employee development, corporate social responsibility, contribution to local communities, adherence to sustainability policies, and progress of the organisation’s long-term vision. WTA is renowned as the most prestigious industry award and it is often called the “Oscar of the Travel Industry.”

 

The award winner Sino Jet was established in 2011. Its service scope includes business jet management, flight charter, luxurious travel and ground handling services. Committed to provide comprehensive service solution to manage the full life cycle of business jets, Sino Jet has established operating bases and branches in 20 cities worldwide. Not only Sino Jet’s fleet size is ranked first in the Asia-Pacific region, it is also the only business jet fleet in the region that sustains growth for recent years. Sino Jet’s outstanding achievements have positively staged an overall advancement of business aviation on the global front.

 

Over the past ten years, Sino Jet’s meticulous care for the diverse needs of business jet customers has contributed to Sino Jet’s comprehensive set of hard-earned operation and maintenance qualifications issued by China, the United States, Europe, Cayman, Aruba, Bermuda, Isle of Man, Guernsey, San Marino, etc. These licenses give Sino Jet a unique set of capabilities to handle the widest range of aircraft registrations that are most popular within the Greater China region. Sino Jet is now the most capable business jet company domestically in China, in terms of the number of operation and maintenance qualifications. Sino Jet Group’s strong global network undeniably adds extra warrant to schedule flexibility, smooth operations, maximized convenience and the highest quality of services of every flight.

 

The global pandemic has brought on severe impact and challenges to the entire aviation industry for the past two years. Even business aviation, ‘The Jewel in The Crown’ faces no exception and experienced a market downturn. Fortunately, demand for business jet travel rebounds relatively quickly, thanks to the businessmen’s strong desires to promptly resume businesses and productions. Facing restrictive border controls and ever-changing quarantine requirements, Sino Jet has innovatively reformed its aircraft delivery procedures from aircraft manufacturers in the United States and Canada without compromising safety. Since the reform, Sino Jet has successfully introduced a number of large business jets, making its Gulfstream G650 fleet and Bombardier Global 6500 fleet the largest in China.

 

Sino Jet Fleet

Committing to growing with the industry, Sino Jet actively participates in international business aviation exchange activities, openly shares its successful safety management and operational experiences. Additionally, its subsidiary Sino Jet Aviation Academy regularly trains and develops talents for the industry, bearing a heavy load of the industry responsibility. The World’s Leading Business Jet Company award is more than just a recognition for Sino Jet’s outstanding achievements. It is, more importantly, an evidential acknowledgement for the growing influence of business jet companies from China in the global aviation market.

About Sino Jet

Sino Jet, founded in 2011, is a business aviation operator, management and charter company and provider of bespoke travel services. Sino Jet manages and operates approximately 50 business jets in Greater China and around the world. It was awarded as the World’s Leading Private Jet Company 2020 & 2021 in World Travel Awards.

Sino Jet’s approach to safety is continually re-evaluated and developed with the industry’s leading safety and training experts. It is the fastest growing business aviation management company in Greater China, characterized by its industry leading one-stop business jet-travel suite of solutions. Sino Jet has dual headquarters in Beijing and Hong Kong. The company is also rapidly expanding in Mainland China with bases in Shanghai, Hangzhou, Shenzhen, Guangzhou, Xiamen, Zhuhai, Chengdu and Singapore etc.

#SinoJet #businessjet #BusinessJetOperatorAsia #jetmanagement

The issuer is solely responsible for the content of this announcement.

Three Cyberport start-ups’ mobile games win Best Indies of the Year from Google Play Hong Kong

By
Laotian Times
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HONG KONG SAR – Media OutReach – 16 December 2021 – Three mobile games developed by Cyberport start-ups, “Gate of Mobius” by Goblin Gamer Company Limited, “Tiny Fantasy: Epic Action Adventure RPG game” by Minidragon Limited, and “Working Hero 2: Clash of Legends” by Add Mission Workshop Limited, were awarded the Best Indies of the Year by Google Play Hong Kong. In addition, “Gate of Mobius” and “Tiny Fantasy: Epic Action Adventure RPG game” won the Best Indies of the Year from Google Play Taiwan.

Three mobile games developed by Cyberport start-ups, “Gate of Mobius” by Goblin Gamer Company Limited, “Tiny Fantasy: Epic Action Adventure RPG game” by Minidragon Limited, and “Working Hero 2: Clash of Legends” by Add Mission Workshop Limited, are awarded the Best Indies of the Year by Google Play Hong Kong.

Google Play announces its “Best of the Year” list in accordance with market reactions to reveal the best apps and games in various regions each year. In addition to its “Game of the Year” award, Google Play awarded “Best Indies of the Year” to recognize popular games designed by independent game developers. The winning games are placed at the top of Google Play’s “Best of 2021” list and recommended to Google users.

Eric Chan, Chief Public Mission Officer of Cyberport, said, “Mobile gaming is an important part of the digital entertainment industry with huge market potential. Market research firm Newzoo has estimated that the global mobile gaming market will reach US$90.7 billion this year and will grow to US$116.4 billion in 2024. Three Cyberport start-ups’ mobile games are on the awards list of Google Play, the major digital distribution platform for mobile apps, which is great encouragement to our digital entertainment and esports community. It proves that their games are well-received by the market, and that they have the potential to expand into overseas markets as well. Cyberport will continue to support local game developers in seizing market opportunities and expanding their business through the Cyberport Incubation Programme and huge business network, therefore relevant employment and entrepreneurial opportunities will be created for our young people.”

Independent game developers: Innovation is the way out amid competition

“Gate of Mobius” is a real-time online shooting game with multiple players and different languages, including Chinese and English, designed by Goblin Gamer Company Limited. The game is inspired by classic fairy tales such as Snow White and Little Red Riding Hood, and is rendered in watercolor with a delicate painting style. It successfully attracts players from local and global markets such as Brazil, Indonesia, Taiwan, Thailand and the United States, with cumulative downloads reaching over 600,000. Ken Chan, Director of Goblin Gamer Company Limited, said, “As independent game developers have limited human resources, only a few companies in Hong Kong can introduce multiplayer online games. This award recognizes our effort and also enhances our company’s reputation, which will help us to reach investors more easily for further game development. We are also planning to launch VR shooting games under the growing VR game market.”

Launched in February of this year, the “Tiny Fantasy: Epic Action Adventure RPG game”, designed by Minidragon Limited, is a hack-and-slash game which targeted the Hong Kong, Japan, South Korea and Taiwan markets. The game has been downloaded more than 500,000 times. Hank Choi, Co-founder of Minidragon Limited, said, “Small-scale gaming companies have limited funds, so innovation is the way out amid competition. Our game integrates the traditional computer game element of a large number of enemies into mobile games, allowing players to experience the thrill of fighting against groups of enemies anytime and anywhere, and it has attracted many players.”

Hong Kong games successfully enter overseas markets

Following the success of the first episode, Cyberport start-up Add Mission Workshop Limited and Gamemiracle co-launched the incubation game “Working Hero 2: Clash of Legends”. With 1980s Hong Kong as the background and a Hong Kong comics and ink painting style, game players change into martial arts heroes with the appearance of ordinary workers. Silver Li, Game Producer at Add Mission Workshop Limited, said, “Our game is popular in the local market while 50% of the players come from Malaysia, Singapore and Taiwan. In the early stages of game development, gaming start-ups face challenges such as limited income. The Cyberport Incubation Programme provides start-ups with funding and free office support, so that they can focus on developing quality games. In addition, industry exchange meetings are held from time to time, which help stimulate creativity and promote mutual support within the community.”

There are around 150 digital entertainment and esports start-ups in the Cyberport community, covering game development, esports technology applications, game publishing and competition platforms. Cyberport supports start-ups through the “Cyberport Incubation Programme”, “Esports Industry Facilitation Scheme” and “Esports Internship Scheme”, and organises different types of events, such as the annual flagship “Digital Entertainment Leadership Forum” which was held successfully last week, to promote industry development and exchanges.

About Cyberport

Cyberport is an innovative digital community with around 800 on-site start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong SAR Government. With a vision to be the hub for digital technology, thereby creating a new economic driver for Hong Kong, Cyberport is committed to nurturing a vibrant tech ecosystem by cultivating talent, promoting entrepreneurship among youth, supporting start-ups, fostering industry development by promoting strategic collaboration with local and international partners, and integrating new and traditional economies by accelerating digital transformation in public and private sectors.

For more information, please visit http://www.cyberport.hk

#Cyberport

Thailand to Use Japanese Trains to Help Tourists Access Laos-China Railway

By
Laotian Times
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Thailand is to use its new trains to help tourists access Laos-China Railway
Thailand is to use its new trains to help tourists access Laos-China Railway.

Thailand has received a fleet of secondhand diesel trains from Japan that will be used across four routes, including trips from Udon Thani to Vientiane Capital.

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