HAMBURG, GERMANY – Media OutReach Newswire – 3 September 2024– RobotPlusPlus, an engineering-led company that develops working-at-height robots, launched its HighMate C20 Cargo Hold Cleaning Robot this week with live demonstrations at the SMM 2024 conference in Hamburg, Germany. The robot cleaner enhances cargo hold cleaning by ensuring reliable and efficient operations in most sea conditions, reaching up to 95% of the hold’s surface. It offers a more consistent and powerful system, protecting seafarers from the dangers of manual cleaning at heights.
At SMM 2024, RobotPlusPlus is displaying the HighMate C20 to tens of thousand visitors at the maritime industry’s leading global trade fair. From booth B8-128, RobotPlusPlus is demonstrating how the HighMate C20’s versatile design provides unique solutions for all types of ships, along with other offerings for the shipbuilding and repair industry. Moreover, RobotPlusPlus’s strategic partner from Germany MontiPower (B5-323) will be presenting the co-developed robotic HighMate Prepper solution for the welding, inspection and bristle blasting.
The HighMate C20’s five powerful 500-bar high-pressure nozzles clean at 1-meter width with 95% coverage. Its maximum working pressure is equal to 100 times the pressure of a traditional fire hose and can clean up to 500㎡per hour.
The robot is remarkably easy to operate; most seafarers can learn basic functions of the HighMate C20 in 10 minutes or less. In launching the HighMate C20 at SMM, RobotPlusPlus hopes to attract like-minded companies that contribute to improving maritime shipping worldwide.
“We’re incredibly excited to launch the C20 at SMM, in front of global leaders from the maritime industry,” said Hua-yang Xu, founder and CEO at RobotPlusPlus. “We relish the opportunity at this distinguished trade conference to also develop new partners from across the world. At RobotPlusPlus, we’ve always been committed to innovation in the maritime industry and enjoy collaborating with like-minded partners in this space.”
Global distributors interested in partnering with RobotPlusPlus can email sales@robotplusplus.com for more information.
The issuer is solely responsible for the content of this announcement.
About RobotPlusPlus
RobotPlusPlus is an engineering-led company developing working-at-height robots to provide efficient and environmentally friendly solutions while guaranteeing a safer workplace. We combine robotics, AI, and RaaS to develop autonomous products.
RobotPlusPlus robots have cleaned approximately 1 million square meters, making us the marine industry’s largest global provider of working at-height robots.
New server offering solidifies ASUS leadership in AI, with first deal secured
SINGAPORE – Media OutReach Newswire – 3 September 2024 – ASUS today announced the latest marvel in the groundbreaking lineup of ASUS AI servers ― ESC N8-E11, featuring the intensely powerful NVIDIA® HGX™ H200 platform. With this AI titan, ASUS has secured its first industry deal, showcasing the exceptional performance, reliability and desirability of ESC N8-E11 with HGX H200, as well as the ability of ASUS to move first and fast in creating strong, beneficial partnerships with forward-thinking organizations seeking the world’s most powerful AI solutions.
NVIDIA HGX H200 Solutions
Shipments of the ESC N8-E11 with NVIDIA HGX™ H200 are scheduled to begin in early Q4 2024, marking a new milestone in the ongoing ASUS commitment to excellence. ASUS has been actively supporting clients by assisting in the development of cooling solutions to optimize overall PUE, guaranteeing that every ESC N8-E11 unit delivers top-tier efficiency and performance – ready to power the new era of AI.
ESC N8-E11: The best choice for heavy AI workloads Powered by dual 5th Gen Intel® Xeon® Scalable processors and eight NVIDIA H200 Tensor Core GPUs, ASUS ESC N8-E11 with NVIDIA HGX™ architecture provides support for up to 10+1 PCI Express® (PCIe®) slots, 32 DIMM, 10 NVMe® and dual 10G LAN, offering flexibility and expandability for diverse computing needs.
ESC N8-E11 is specifically engineered with advanced GPU-to-GPU interconnect via NVLink technology. This dedicated one-GPU-to-one-NIC topology ensures high throughput for data-intensive tasks such as AI, machine learning, and HPC applications.
As the expert in AI supercomputing, ASUS has placed a strong emphasis on power efficiency and optimized thermal design within ESC N8-E11. This powerful AI server supports both air-cooling and D2C (direct-to-chip) liquid-cooling solutions, coupled with dedicated CPU and GPU airflow tunnels, allowing heat to be expelled into the surrounding ambient air ― resulting in greater energy efficiency and overall system power savings. This ensures that the server operates at peak performance, even under the most demanding conditions.
With its unparalleled capabilities, ESC N8-E11 is the first choice for cultivating AI advancement for enterprise applications ― enabling organizations to unlock the full potential of AI and transform the way that businesses operate.
Availability & Pricing
ASUS servers and services are available worldwide. Please visit the ASUS ESC N8-E11 product page or contact your local ASUS representative for further information. Hashtag: #ASUS
The issuer is solely responsible for the content of this announcement.
About ASUS
ASUS is a global technology leader that provides the world’s most innovative and intuitive devices, components, and solutions to deliver incredible experiences that enhance the lives of people everywhere. With its team of 5,000 in-house R&D experts, the company is world-renowned for continuously reimagining today’s technologies. Consistently ranked as one of Fortune’s World’s Most Admired Companies, ASUS is also committed to sustaining an incredible future. The goal is to create a net zero enterprise that helps drive the shift towards a circular economy, with a responsible supply chain creating shared value for every one of us.
Vientiane Capital is getting a makeover starting 23 August. The Department of Industry and Commerce is rolling out new rules to clean up and organize the city. This includes revamping streets and relocating local stalls to improve safety and order.
HONG KONG SAR – Media OutReach Newswire – 3 September 2024 – Following the release of Fosun International’s (00656.HK) 2024 interim results, Nomura Orient International Securities (“Nomura”) and Kaiyuan Securities both issued research reports, reaffirming their “overweight” and “buy” ratings respectively. They believe that Fosun International’s strategic focus on its core businesses has yielded significant results, with revenue demonstrating resilience, increasingly healthy financial indicators, and stable growth driven by innovation, asset-light operations, and globalization.
In the first half of 2024, Fosun’s revenue continued to grow, reaching RMB97.84 billion. Industrial operation profit maintained growth, reaching RMB3.47 billion, and profit attributable to owners of the parent was RMB720 million. In addition, Fosun continued to optimize its asset portfolio, reduce leverage, and maintain ample cash reserves, resulting in a sound financial position. As of the end of the reporting period, the Group’s adjusted total debt-to-capital ratio was 50.2%, maintaining a downward trend since 2020. In June 2024, the international rating agency S&P fully recognized the effectiveness of Fosun’s financial strategy and affirmed its rating outlook as “stable”.
Nomura believes that Fosun’s interim results were in line with expectations, and the decline in profit attributable to owner of the parent was mainly due to one-off losses from the disposal of non-core assets, which also reflects the company’s efforts to pursue healthier development. Both Nomura and Kaiyuan Securities are optimistic about the firm execution of Fosun’s strategy of focusing on its core businesses. In the first half of the year, the four core subsidiaries, namely Yuyuan, Fosun Pharma, Fosun Insurance Portugal, and Fosun Tourism Group, achieved a total revenue of RMB72.17 billion, maintaining year-on-year growth and accounting for 74% of the Group’s total revenue.
Furthermore, Nomura praised Fosun’s steady decline in leverage, while Kaiyuan Securities pointed out that Fosun’s balance sheet demonstrated balanced development and increasingly healthy financial indicators. Based on their analysis, Nomura raised its target price for Fosun International to HK$5.64, maintaining its “overweight” rating, while Kaiyuan Securities also maintained its “buy” rating.
It is worth noting that Fosun’s management clearly stated the company’s future financial strategy at the 2024 interim results presentation. On the one hand, Fosun will steadfastly focus on its core businesses and concentrate resources on developing companies with potential to become industry leaders. On the other hand, it will continue to promote asset-light operations and further divest from asset-heavy projects that lack funding advantages. Management stated that in the next few years, Fosun will continue to steadily increase the proportion of overseas revenue, reduce interest-bearing debt to approximately RMB60 billion, boost industrial operation profit to over RMB10 billion, gradually increase the dividend payout ratio, and continuously improve credit rating to “investment grade”.
Analysts believe that Fosun’s clear financial strategic goals align closely with its business strategy that has been continuously promoted in recent years, providing effective guidance for investors. As these goals are gradually realized, Fosun’s valuation and performance in the secondary market are expected to see a strong recovery and return to a reasonable level.
Data shows that as of 30 June 2024, Fosun International’s adjusted NAV was HK$17.4 per share, indicating a significant undervaluation compared to its current share price in the Hong Kong stock market.
In addition, the popularity of high-dividend investment strategies has continued to rise this year, making Fosun International’s dividends particularly noteworthy. According to statistics, Fosun International has distributed a cumulative dividend of HK$25.6 billion since its listing 17 years ago, and its dividend payout ratio has gradually increased to over 20% in the past five years. Management has clearly stated it will continue to increase the dividend payout ratio, enhancing Fosun’s appeal to investors with its long-term stable dividend advantage.
Analysts pointed out that overall, the interim results revealed that Fosun’s businesses are more focused and its financial indicators are more healthy, suggesting a more stable outlook for future profits. Globalization, innovation, and the recently highlighted asset-light operation capabilities will jointly drive a new round of growth for Fosun. As such, both Nomura and Kaiyuan Securities gave positive evaluations in their reports.
Hashtag: #Fosun #復星國際
The issuer is solely responsible for the content of this announcement.
Starting 1 October, all organizations and companies in Laos that define salaries in foreign currencies and pay their employees in Lao kip are advised to adopt a fair exchange rate, according to a new directive from the Ministry of Labor and Social Welfare.
This move is in accordance with a Prime Minister’s Order on foreign currency management issued on 24 January and aligns with the Labor Law regarding salary payments.
The directive requires that wages, defined in foreign currencies, be converted to kip based on the exchange rate issued by a commercial bank within three business days prior to payment.
The National Labor Committee, along with provincial and district Labor Committees, Labor and Social Welfare Offices, and the Labor Inspection Office, will oversee compliance with these regulations. Companies must amend employment contracts and operational guidelines to meet the new requirements. Employers who pay wages at a rate lower than the bank rate will receive a written warning and must correct the issue.
The Lao Federation of Trade Unions has expressed concerns that fluctuations in exchange rates could pose financial challenges for some companies. Additionally, the Ministry of Labor and Social Welfare has noted that high inflation and rising living costs are driving many Lao workers to seek employment abroad for foreign currency earnings.
This directive is part of a broader effort to bolster the nation’s currency amid ongoing economic challenges.
HANOI, VIETNAM – Media OutReach Newswire – 3 September 2024 – HeeSay, the LGBTQ+ online community, made a debut at White Party Vietnam 2024 as the ‘community’ concept materialized in its booth and sparked a buzz of excitement among local attendees.
The “Mini-Community” orchestrated by HeeSay featured several interactive games that mirrored online social scenarios within the app.
The “YAY!” game, inspired by the tacit agreement challenge, allows three people to spell out “HeeSay” using hand-held boards. Without being able to see the front of their boards, they had to discuss and coordinate their positions and the order of the boards to form the correct word.
According to the Market Head of HeeSay Vietnam, about 2,000 people have come to play games and experience actual HeeSay functions through face-to-face interactions. “‘Mini-Community’ has made it easier for them to grasp what HeeSay truly is and how it connects LGBTQ+ people beyond dating scenarios.”
White Party Vietnam, a premier DJ music event licensed by White Party Bangkok, was the perfect stage for HeeSay to showcase its brand. “As the sole social app partner for White Party Vietnam 2024, the ‘Mini-Community’ aimed to enhance local brand recognition by recreating the social scenarios our app is known for,” stated the Head.
Apart from the meticulously planned creatives, HeeSay extended its engagement virtually through social media. Participants were invited to snap photos with HeeSay’s outdoor billboards or share moments from HeeSay’s booth for a chance to win VIP or SVIP membership in the app.
Through various offline events, HeeSay has fostered global connections, and Vietnam, as one of HeeSay’s key markets, has made efforts to strengthen such ties via meaningful cooperation.
In June, HeeSay Vietnam partnered with a local HIV prevention and treatment service to help educate the LGBTQ+ community about HIV prevention via an offline workshop, aiming to create more positive and profound social impacts.
“Fostering a ‘Community’ has always been our goal at HeeSay. We aim to provide a platform offering recognition, inclusivity, and valuable health knowledge beyond just interactive entertainment,” the Head explained.
This June, HeeSay introduced its ‘community’ feature, enabling users to discover nearby offline events and join group chats for updates. The Head emphasized, “We plan to host more diverse offline events to create a positive social impact while strengthening our brand image.”
Hashtag: #HeeSay
The issuer is solely responsible for the content of this announcement.
The NUS Postgraduate by Coursework Fair 2024 returns with a renewed emphasis on future-focused education, the fair features a hybrid format that connects prospective students with NUS experts. Attendees will discover advanced programmes designed to shape successful careers in a rapidly evolving world.
SINGAPORE – Media OutReach Newswire – 3 September 2024 – The National University of Singapore Postgraduate by Coursework Fair 2024 (NUS PGCF 2024) returns on 28 September 2024, offering prospective students an unparalleled opportunity to explore NUS advanced academic programmes. Focused on the theme “Shaping Your Future”, the fair showcases how NUS continues to equip future leaders with the skills needed to succeed in a rapidly changing world.
Under the leadership of Lawrence Lee, Associate Director at the NUS Academic Programme Business Unit, who has overseen the development of the event since its inception in 2022, the fair will take on a hybrid format, combining in-person sessions at Marina Bay Sands with global virtual participation. This approach ensures that both local and international attendees can engage with NUS experts and explore various postgraduate opportunities.
Shifting to a Comprehensive Hybrid Format The inaugural NUS PGCF in 2022 was held entirely online due to the COVID-19 pandemic, spanning several days. Despite the challenges posed by the pandemic, the event successfully attracted nearly 5,000 participants from over 70 countries. In contrast, the 2024 edition will take place as a one-day event, with both in-person and online sessions designed to provide more personalised interactions.
Participants can look forward to 12 live information sessions, which will be held at Marina Bay Sands and streamed online. Virtual attendees can join from anywhere in the world, while in-person participants will enjoy face-to-face consultations with programme representatives at consultation booths. Additionally, this year introduces the NUS PGCF 2024 Round-Table sessions, a new feature offering selected attendees small-group discussions with NUS faculty and programme consultants. Participants keen on joining these exclusive sessions can submit their CVs during the event registration process for a chance to be invited.
Growth in Scope and Impact Since its inception, the NUS PGCF has grown considerably in both scope and impact. The 2024 event will feature 12 information sessions, 12 physical booths, 17 speakers and presenters, and a series of Round-Table discussions. “This expansion demonstrates NUS’ dedication to providing a comprehensive platform for prospective students to explore postgraduate education options tailored to their career aspirations,” Lawrence explains.
Addressing Key Challenges in Postgraduate Education One of the primary challenges for individuals considering postgraduate education is finding a programme that matches their specific needs. While brochures and online materials provide basic information, they often fall short in offering personalised insights. The NUS PGCF addresses this by allowing attendees to engage directly with NUS faculty members and admissions officers, allowing attendees to ask targeted questions and receive personalised guidance. This year’s hybrid format enables both virtual and in-person attendees to benefit from these personalised interactions.
Innovation Driving the Programmes at NUS As industries evolve, so must the programmes offered by educational institutions. NUS remains at the forefront of innovation, constantly adapting its offerings to meet the demands of the professional world. For instance, artificial intelligence (AI) is a significant driver of innovation today, and NUS has responded by launching the NUS AI Institute in March 2024. Alongside this initiative, the University will introduce several new Master’s programmes focused on AI by 2025, ensuring that graduates are equipped with the skills necessary for the future of work.
Exciting Highlights for Attendees This year’s fair will feature a wide range of postgraduate programmes spanning disciplines such as business, law, technology, and healthcare, as well as multidisciplinary courses designed to develop skills across multiple fields. Attendees will also learn more about initiatives that make NUS education more accessible, such as the 40 per cent tuition fee rebate for Singapore citizens and permanent residents for over 80 Master’s degree programmes. As an added incentive, attendees will have the opportunity to win Amazon vouchers by providing feedback on their event experience on the event webpage.
Looking Ahead: The Future of NUS Postgraduate Fair The NUS PGCF will continue to serve as a pivotal event for the university, showcasing its postgraduate offerings and providing prospective students with the tools to shape their future. Lawrence shares that he and his team are committed to expanding the event in the coming years, enhancing the value it offers to both local and international students.
Event Details Postgraduate by Coursework Fair 2024 Date: 28 September 2024, Saturday Time: 10:30am to 6:30pm Venue: Marina Bay Sands, Singapore
The issuer is solely responsible for the content of this announcement.
National University of Singapore
National University of Singapore (NUS) is Asia’s leading global university, renowned for excellence in education, research, and innovation. Established in 1905, NUS offers a diverse range of programmes across disciplines, blending rigorous academic theory with practical application. Our inclusive community fosters a rich exchange of ideas, preparing students for global challenges. NUS is a hub for cutting-edge research, addressing key issues from health to sustainability. Committed to holistic education and social responsibility, we empower students to become well-rounded leaders who contribute meaningfully to society.
Innovation Center Invests RMB 9 Billion to Support Enterprises and Drive Technological Projects in Huishan
HONG KONG SAR – Media OutReach Newswire – 2 September 2024 – CashOn, Hong Kong’s first digital currency lending platform, announced today the signing of a strategic cooperation memorandum with the Wuxi Huishan (Shenzhen) Innovation Center. The cooperation aims to jointly explore digital currency lending matching services based on CashOn’s innovative fintech platform in the Greater Bay Area, striving to drive technological innovation and industrial growth in the digital economy.
Representative of Wuxi Huishan (Shenzhen) Innovation Center (Left) and representative of CashOn (Right)
Through this collaboration, CashOn will accelerate its international market expansion, further enhancing its competitive edge by providing practical financing solutions to customers. CashOn focused on fintech and Web3 applications, offering a platform that helps customers access cash liquidity by using digital currencies, finding and comparing quotes from multiple financial companies, and providing suitable lending solutions, enhancing the fluidity between digital currencies and fiat currencies.
Recently, CashOn was recommended by the GBA Youth Entrepreneurs Association to set up operations in the Wuxi Huishan (Shenzhen) Innovation Center. This opportunity will strengthen collaboration with the GBA Youth Entrepreneurs Association, deepen ties between Hong Kong and mainland enterprises, and create broader development opportunities for young entrepreneurs. Leveraging the rich resources and policy support of the Wuxi Huishan (Shenzhen) Innovation Center, CashOn will expand its business in the innovation and digital economy sectors.
Under the strategic cooperation memorandum, the Innovation Center will provide support in market expansion and resource integration, assisting CashOn in improving the layout of the international market. This collaboration will also effectively help CashOn seize potential opportunities arising from national development, quickly adapt to market changes, and establish deeper relationships with various enterprises.
Located in the core area of Shekou Prince Bay in Shenzhen, the Wuxi Huishan (Shenzhen) Innovation Center is a significant innovation incubation space under Wuxi Huishan Science and Technology Innovation Industry Group Co., Ltd, serves as a reverse accelerator connecting the technological and financial resources of Wuxi Huishan with the Greater Bay Area. Since June 2022, the center has signed agreements with 19 projects, totaling an investment of RMB 9 billion (HK$9.89 billion)[1]. The center will assist enterprises in settling in Wuxi Huishan by opening up scenarios and connecting resources in the future.
Recruiting Professional Talent in the Greater Bay Area to Drive Technological Innovation
Marvis Wong, Co-founder and CEO of CashOn, said, “We are deeply grateful for the collaboration with the Wuxi Huishan (Shenzhen) Innovation Center and the strong support from the GBA Youth Entrepreneurs Association. This partnership offers us the chance to engage with more international business leaders, exchange insights on blockchain and fintech development, and apply innovative thinking to our business growth, capitalizing on new opportunities in digital finance.”
Moreover, CashOn plans to recruit more Web3 and blockchain professionals in the Greater Bay Area to drive technological innovation and create job opportunities, injecting new vitality into the region’s economic growth. CashOn will fully utilize its technological and market advantages to provide more efficient digital currency lending services, thereby promoting innovation and development in the fintech industry.
Expanding into the ASEAN Market with Innovative Web3 E-Payment Solutions
ASEAN countries’ rapid economic development implies opportunities for more fintech solutions. Looking ahead, CashOn plans to expand into the ASEAN with innovative Web3 e-payment solutions, offering more financial service options to merchants and virtual asset holders. Marvis Wong stated, “CashOn will leverage its core strengths by introducing innovative lending solutions to meet the financing needs of local businesses and individuals, bringing advanced fintech technologies to the ‘Belt and Road’ countries, and supporting the collaborative development of the digital financial economy across regions.”
The issuer is solely responsible for the content of this announcement.
CashOn
Founded in 2022, CashOn is a technology finance company focused on fintech and Web3 applications. The company is committed to providing secure, transparent, and efficient financial services through blockchain and smart contract technology. CashOn’s digital currency lending matching platform utilizes big data analysis and AI technology to help customers find and compare quotes from multiple financial companies, securing the most suitable loan solutions. The company’s goal is to drive the development of the virtual asset market and create the most excellent value for its customers.