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CPA Australia Survey: Mainland Chinese small businesses see biggest increase in new job creation plans since pandemic


BEIJING, CHINA – Media OutReach Newswire – 8 May 2024 – The number of Mainland Chinese small businesses that expect to grow and hire new employees this year is on the rise, reflecting an improving business environment, according to a new survey by one of the world’s largest professional accounting organisations, CPA Australia.

CPA Australia Asia-Pacific Small Business Survey 2023-24 - Mainland China results
CPA Australia Asia-Pacific Small Business Survey 2023-24 – Mainland China results

CPA Australia’s annual Asia-Pacific Small Business Survey reveals that 59 per cent of Mainland Chinese small businesses expect to grow in 2024, beating the results from the previous two surveys. Forty-three per cent anticipate their company will increase their number of employees, the best result since our 2020 survey.

CPA Australia’s North China Committee President Mr Lloyd Peng said: “It’s a positive sign that the number of Mainland Chinese small businesses that expect to recruit staff is gradually returning towards pre-pandemic levels. This indicates improving confidence, as typically small business only add to their headcount when they are confident in their prospects.

“Reflecting the improved expectations, Mainland Chinese small businesses are taking actions to transform and enhance their value creation for sustainable growth. Almost 30 per cent of survey respondents reported that their businesses benefited from improved business management in 2023 and 86 per cent will or may innovate through the introduction of new products and services this year. This upgrading of capacity and strong focus on innovation helps to explain why small businesses expect to create more positions

“It’s important that stimulus policies to support private enterprises be continuously and consistently implemented this year. This should further ease the financial burden on small businesses, encourage further innovation and support overseas expansion amidst global uncertainties. For example, the targeted tax incentives such as “Six Taxes and Two Fees” reduction and exemption policies, improving market access, boosting intellectual property protections and supporting domestic consumption.”

Increasing costs, increasing competition and rising interest rates are identified as major barriers for Mainland Chinese small businesses, the survey found. Most other Asia-Pacific markets surveyed experienced the same challenges.

In response, Mainland Chinese small businesses increasingly embrace and invest into cutting-edge technologies to improve efficiency and reduce costs.

Survey results show that last year, Mainland Chinese small businesses led the Asia-Pacific in investments into advanced technologies like artificial intelligence (AI) (30 per cent), enterprise resource planning (ERP) software (29 per cent) and business intelligence software (27 per cent).

CPA Australia’s East and Central China Committee President Mr Raymond Zhu said: “Supportive policies, along with mature technology solutions in the market such as Artificial intelligence-as-a-Service (AIaaS) and leading digital infrastructure like 3.64 million 5G base stations in Mainland China, provide a strong foundation for small businesses to digitalise. Relying on these AI tools and solutions, they can make business decisions, develop data-driven strategies, reduce costs, and even revolutionise the traditional operational models.

“We recommend that Mainland Chinese small businesses enhance their cyber security and compliance management as part of their embracing of the AI era.”

Mr Zhu also recommended: “Our survey also shows that technology uptake, including e-commerce has notably increased across ASEAN markets in the past five years. We recommend that Mainland Chinese small businesses study this changing customer behaviour and introduce new products or services to cater to emerging demand. These small businesses can use leading cross-border e-commerce platforms to expand into new markets including ASEAN and Belt and Road markets.”

To support the remarkably high levels of technology adoption and innovation by Mainland Chinese small businesses, 90 per cent expect to seek external funds this year. Over half (52 per cent) reported their main reason for seeking such funds is for growth, six per cent higher than last year.

CPA Australia’s South China Committee Member Mr William Huang said: “The survey shows that Mainland Chinese small businesses found improved financing conditions last year. Forty-nine per cent said that accessing finance was easy or very easy in 2023, 10 percentage points higher than the result in 2022. Banks were the most popular source of finance, with 37 per cent saying it was their main source of finance, in 2023, up from 29 per cent in 2022.

“The State Council has recently introduced guidelines on using a national financing credit service platform to help remove credit barriers for small businessess. We believe financial institutions can play a more active role in supporting small businesses to grow.

“To improve access to green and sustainable finance opportunities, we recommend small businesses start setting their low-carbon transition strategy and spend more time and resources on sustainability.”

The survey reveals 93 per cent of Mainland Chinese small businesses are actively undertaking activities linked to environmental, social, and governance (ESG), the second highest result for the Asia-Pacific. They are leading the Asia-Pacific in the adoption of green and sustainable finance opportunities.

“Given Mainland China’s commitment to reach carbon neutrality before 2060, there are likely to be an increasing number of green and sustainable finance opportunities in the market to support the green transition of businesses. These opportunities include but are not limited to government subsidies and grants, green loans and green guarantees. Small businesses should leverage such support to upgrade facilities or introduce new equipment as part of embedding sustainability into their operating model.”

CPA Australia collected 4,222 responses from small businesses in various industries across Mainland China, Hong Kong, Taiwan, Malaysia, Vietnam, India, Indonesia, Philippines, Singapore, Australia and New Zealand during November to December 2023 for the Asia-Pacific Small Business Survey. There were 753 respondents from Mainland China.

Hashtag: #CPAAustralia

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

CPA Australia

CPA Australia is one of the largest professional accounting bodies in the world, with more than 173,000 members in over 100 countries and regions, including more than 22,500 members in Greater China. We have offices in Beijing, Shanghai, Guangzhou and Hong Kong. CPA Australia provides thought leadership on local, national, and international issues affecting the accounting profession and the public interest. We advocate for policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at

The leverage power of VietOffice 2024 – International exhibition for smart office solutions, office equipment and stationery


HANOI, VIETNAM – Media OutReach Newswire – 8 May 2024 – For the first time in Vietnam, the international exhibition specializing in stationery will be held under the name International Exhibition for Smart Office Solutions, Office Equipment and Stationery (VietOffice 2024). This is an event organised by VINEXAD – Vietnam’s leading exhibition organizer in collaboration with Vietnam Office Machinery Association (VOMA), from May 22nd to May 24th, 2024 at Hanoi International Exhibition Center (ICE) – 91 Tran Hung Dao, Hoan Kiem District, City. Hanoi.

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VietOffice 2024 is not only a premise for long-standing, reputable stationery businesses to affirm their position, but also an opportunity for young brands to explore the market, expand cooperation and increase business connections.

Stationery – A familiar industry with lots of potential

Despite all the changes in social life, education is still a priority field for promotion. The number of students over the years remains stable and new educational establishments are increasing. Along with that, policies to attract investment and economic stimulus packages create conditions for businesses to develop the size of human resources and offices. These factors directly impact the importance of the stationery industry.

As a familiar field, stationery is shaped with products serving study and daily office work, for example: pens, notebooks, scissors, etc.

However, nowadays, the definition of stationery is changing and expanding to meet the actual needs of the market. In addition to traditional stationery items, medium to high-value machinery and equipment such as laser printers, photocopiers, projectors, plastic laminating machines… are widely being used in businesses and public agencies. The industry has become a pillar of strong growth in sales performance.

According to Vietdata’s report, the scale of the Vietnamese stationery market reached an estimated US$195.35 million in 2022. Forecasts from 2023 to 2029 predict the scale of the Vietnamese stationery and supply market is expected to have a compound annual growth rate (CAGR) of 8.37 per cent, reaching a value of $316.41 million by 2029.

Caption

This growth is directly proportional to the increase in the number of small and medium enterprises (SMEs) and the process of infrastructure development in Vietnam.

Based on positive signals from revenue and actual demand, the stationery industry still has much potential to make further breakthroughs. It is important to have fulcrums as a driving force, and one of them is trade promotion events such as the International Exhibition for Smart Office Solutions, Office Equipment and Stationery (VietOffice 2024).

With systematic investment from VINEXAD – Vietnam’s leading exhibition organiser, VietOffice 2024 will be a place to give wings to businesses for reaching out to the ocean and join the global supply chain.

VietOffice 2024 – The one and only exhibition for famous stationery brands

To prepare for VietOffice 2024, the organiser has spent a lot of time researching and planning professionally to welcome participating businesses. The success and scale of VietOffice 2024 is expressed through talking numbers: 150 booths, 100 businesses from 09 countries and territories (India, Korea, Hong Kong, Poland, USA, Japan, China, Singapore and Vietnam). The exhibition is expected to attract more than 10,000 visitors. For space design, VietOffice 2024 aims to modern ‘concept’, booths are specialised to honour the characteristics – and superiority of each product, such as:

  • Stationery
  • Office Machines and Equipment
  • Smart Office Solutions
  • Office Furniture
  • Office Accessories and Decor

Each company has their own best quality products, affirming the position in the market, such as: Linc India, Sworld, Hyperwork, Phu Son, Bonsen Vietnam, Song Hy, Ergolife, Thanh Chuong, HP Vietnam, VPS Group, Silicom, Fujifilm Vietnam, Zoho,…

Gathering famous brands helps the exhibition receive the attention from many companies in the industry looking for cooperation and investment opportunities. Understanding this, VietOffice 2024 offer the direct B2B program at booths with attractive privileges:

  • Welcome at a separate counter for B2B guests
  • Arrange private 1:1 meeting upon request
  • Priority for attending side events
  • Valuable gifts from organizer
  • Official Exhibition Catalogue

These privileges will contribute to promoting the cooperation decisions of B2B customers into reality, and affirming the connecting role of VIETOFFICE 2024.

VIETOFFICE 2024 – The perfect destination to explore and experience

VIETOFFICE 2024 will be not only stopping at expanding trade between businesses, the event is expected to attract thousands of visitors thanks to the variety of booths and product display. Featured within the framework of the exhibition is a specialised seminar with the topic: “Risk of business data loss and How to prevent” from 1:30 p.m. to 4:00 p.m. on May 22nd, 2024 organised by VINEXAD in collaboration with VCCI. The seminar will bring useful information to businesses in the industry. In particular, the National Digital Transformation & Business Development Conference – Honour Ceremony: Bright Star Awards/ Prestigious Brands – Quality Products – Trusted Services will take place from 8am to 2pm, on May 23, 2024 on the 2nd Floor of the Vietnam-Soviet Cultural Palace organised by the Vietnam Office Machinery Association (VOMA) in collaboration with VINEXAD and broadcast live on VTC6 and VTC.

With the desire of many impressions from visitors, VIETOFFICE 2024 offers many attractive activities such as: Seminars, Tote bag decoration, Check-in to receive gifts,… Visitors will have guidance from experts, all for the best and memorable experience.

With bright spots in organising ideas, VIETOFFICE 2024 truly becomes an ideal destination for everyone. The value from VIETOFFICE 2024 is calculated by the results of meetings and negotiations between businesses, creating a community of sustainable and long-term development.

It is expected that VIETOFFICE 2024 will contribute to the outstanding growth of stationery industry, as well as promoting the global supply chain.

VietOffice 2024 will take place from May 22 to May 24, 2024 at Hanoi International Exhibition Centre (ICE) – 91 Tran Hung Dao, Hoan Kiem District, Hanoi City. For more information, please visit: https://vietofficexpo.com.vn/.

For detailed information, please contact:

For detailed information, please contact:
Mr. Minh Ngo – Project Director (HP: +84 90 349 8285 – minhngo@vinexad.com.vn)

Ms. Thien Trang – Communication Manager (HP: +84 902 120 694 – tranght@vinexad.com.vn)

Hashtag: #VINEXAD #VietOffice2024

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

VinFast starts accepting deposits for mini-SUV VF 3 in Vietnam


HANOI, VIETNAM – Media OutReach Newswire – 7 May 2024 – VinFast Auto (Nasdaq: VFS) today announced it is accepting early deposits for the VF 3 mini e-SUV in the Vietnamese market. VinFast focuses on accessibility with a price for the VF 3 starting from just over $9,200, along with attractive features and services.

Photo of the mini e-SUV VF3 at CES 2024
Photo of the mini e-SUV VF3 at CES 2024

At the 2024 National VinFast Electric Car Distributor Conference in Hanoi, Vingroup Chairman and VinFast CEO Pham Nhat Vuong said the Company will begin accepting deposits for the VF 3 in Vietnam from May 13th to 15th, 2024. Deposits can be placed on the VinFast website or directly at VinFast showrooms and authorized dealers nationwide.

For the first 72 hours after deposits open, VinFast offers a special introductory price of 235 million VND (approximately $9,248) for the VF 3, excluding battery, and 315 million VND (approximately $12,390), including battery. After this period, VinFast will sell the VF 3 at 240 million VND (approximately $9,445) and 322 million VND (approximately $12,670), respectively.

Customers choosing to purchase the car without a battery can opt for VinFast’s flexible battery subscription plan. This plan offers three tiers with monthly costs tailored to driving needs. For those driving under 1,500 km per month, the cost is 900,000 VND (approximately $35). For those driving between 1,500 and 2,500 km, the cost is 1,200,000 VND (approximately $47) per month. Finally, for those exceeding 2,500 km monthly, the cost is 2,000,000 VND (approximately $78).

Like other VinFast electric cars, the VF 3 boasts the market’s leading warranty: 7 years or 160,000 km (whichever comes first) for the vehicle and an impressive 8 years with unlimited kilometers for the battery.

The first buyers who place a deposit of 15 million VND (approximately $590) between May 13th and 15th, 2024, will enjoy the special prices mentioned above and receive a complimentary high-end exterior color upgrade (valued at 8 million VND, approximately $314). This upgrade provides a choice of five color options in addition to the vehicle’s four standard colors.

Building on the VF 3’s ambition to be a smart, personal, and dynamic car for all needs, VinFast also allows customers to choose custom paint colors and exterior design motifs to suit their preferences, with a customization cost of 15 million VND.

A mini-SUV with impressive dimensions, the VinFast VF 3 measures 3,190 mm long, 1,679 mm wide, and 1,622 mm tall. Its 2,075 mm wheelbase and up-to-16-inch alloy wheels contribute to a significant 191 mm of ground clearance, making it adept at handling various terrains.

The VinFast VF 3’s interior reflects a youthful vibe with a stylish color scheme. Modern amenities create a comfortable driving experience, highlighted by a large, driver-centric 10-inch touchscreen entertainment system. The optimally designed cabin comfortably seats four passengers, with folding rear seats that expand cargo space to a generous 285 liters.

Powering the VF 3 is a 32 kW electric motor delivering a healthy 110 Nm of torque. This rear-wheel drive (RWD) setup allows the car to zip from 0 to 50 km/h in a brisk 5.3 seconds. The 18.64 kWh lithium-ion battery offers a driving range of up to 210 km on a single charge (based on NEDC standards). Furthermore, fast charging from 10% to 70% takes only 36 minutes. These impressive figures, particularly for a mini-SUV, cater to diverse driving needs. The VF 3 promises to be a game-changer, accelerating VinFast’s mission of bringing electric vehicles to everyone.

The 2024 National VinFast Electric Car Distributor Conference also saw VinFast CEO Pham Nhat Vuong recognize distributors in Vietnam for a strong Q1 and April 2024 performance. He further outlined VinFast’s ambitious development plan and goals for the year. Notably, VinFast aims to become the leading car manufacturer in Vietnam, taking on established gasoline car brands. To achieve this, VinFast plans to further expand its national network of showrooms and authorized dealers to at least 120 by year’s end.

“Vietnamese people are capable of achieving extraordinary things. Vingroup is willing to make sacrifices and overcome challenges to build a successful Vietnamese brand of international standing,” affirmed VinFast CEO Pham Nhat Vuong.

VinFast CEO Pham Nhat Vuong highlighted four key advantages of VinFast electric cars over gasoline competitors in the same class: lower total cost of ownership, cheaper energy costs per kilometer, reduced maintenance and repair expenses, and superior after-sales service and policies.

Combined with a customer-centric approach, the ongoing nationwide expansion of charging stations, and growing consumer awareness of electric car benefits, these strengths position VinFast to become a dominant market force in the near future.

Hashtag: #VinFast

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

About VinFast

VinFast – a member of Vingroup – envisions driving the advancement of the global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability that boasts up to 90 percent automation in Hai Phong, Vietnam.

Strongly committed to the mission of a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at:

Alps System Integration Co., Ltd. Introduces InterSafe: A Revolutionary Threat Intelligence Platform Set to Transform Global Cybersecurity


TOKYO, JAPAN – Media OutReach Newswire – 7 May 2024 – Alps System Integration Co., Ltd. (ALSI), Japan’s leading web-filtering service company, today announced the global release of its proprietary threat-intelligence data via the InterSafe Threat Intelligence Platform.

ALSI provides proprietary categorized URL databases. This is used by Japan’s major mobile carriers, the Japanese government, and Japan’s top corporations. Furthermore, hundreds of our partners include leading security companies, service providers and gateway appliance vendors, and other tech companies provide our URL database by OEM all over the world.

New threat-intelligence data platform, “InterSafe Threat Intelligence Platform” delivers more than seven billion unique data points curated from proprietary sources.

The basic service consists of the Basic Threat-Intelligence package, which can immediately bolster the security of existing services, while the Advanced Threat-Intelligence package is ideal for analysis and reporting.

The competitive advantage of this service derives from its unique data sources (which enable the provision of a combination of public and proprietary data), its data-collection technology, and its dynamic-analysis approach, which always delivers the latest threat information.

Alps System Integration Co., Ltd. Introduces InterSafe: A Revolutionary Threat Intelligence Platform Set to Transform Global Cybersecurity

This service can be easily integrated with others, allowing administrators to strengthen multiple security solutions of various descriptions—even over the course of a single day.

Caption

Hashtag: #AlpsSystemIntegration

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

About ALSI (Alps System Integration Co., Ltd. )

ALSI was established in 1990 as a group company of Alps Alpine Co., Ltd., a comprehensive manufacturer that handles electronic components to system solutions. Based on the manufacturing philosophy cultivated in the manufacturing industry, we provide “digital solutions,” “security solutions,” “firmware solutions,” and “AI/IoT solutions.” ALSI is one of the largest global providers of OEM website categorization technology and intelligence. ALSI will continue to respond quickly and flexibly to changes in the IT environment and contribute to strengthening the competitiveness and business reform of our customers.

URL:

Children from Wuzhishan, Hainan Sings on the Seine in Paris during the opening performance of the Sino-French Gourmet Carnival


PARIS, FRANCE – Media OutReach Newswire – 7 May 2024 – On 4th May, the Chinese-French Cultural Exchange Delegation of Wuzhishan City, Hainan Province, together with the Wuzhishan City Li & Miao Children’s Choir, sang “Wuzhishan resounds through France” through a bilingual Chinese-French rendition, bringing wishes from China into Paris, France.

PressReleaseTMPlRDoke.jpg

During the event, surrounded by flowers, nice food and the flowing river, the choir’s melodious singing floated over the Seine. “The fire under the snowy mountains, is as shining as the sunshine in the rainforest. The fine wine of Bordeaux, and the tea soup of Wuzhishan, are mutually appreciating their enchanting fragrance…” The children’s lively and innocent posture and beautiful and wonderful singing, won the warm applause of the French audience.

Caption

The Li & Miao Children’s Choir from Shuiman Town, Wuzhishan City, Hainan Province, is consisted of 7-11-year-old Li and Miao primary school students. The children of the choir were very happy to participate in the opening performance of the Sino-French Gourmet Carnival.

Wang Zijun, a young Li ethnic actor, said: “I hope our songs can make more French friends feel the charm of China and love my hometown Hainan.”

According to Liu Min, the composer of “Wuzhishan resounds through France”, the song was inspired by the French song “Si j’allais en Chine”, which glorifies the continuous progress of cultural integration between China and France.

Earlier this year, the MV “Wuzhishan resounds through France” recorded by Wuzhishan City Li & Miao Children’s Choir was selected by the Ministry of Foreign Affairs and promoted by the Information Center of Xinhua News Agency in the important event held in Paris to celebrate the 60th anniversary of the establishment of diplomatic relations between China and France – “Hello! China, Sunshine Hainan” International Image Exhibition and Hainan Tourism and Cultural Promotion Event.

Lyazid Benhami, viceoresident of the Paris Association of French-Chinese Friendship, highlighted, “The mountain sung by the children is a symbol of the two cultures of China and France looking at each other. It’s two civilisations getting to know each other through a child’s perspective, and it touched us deeply.”

Victoria Bocquillon, a commercial director for a company in Paris, was invited to attend the event. “I hope they like Paris,” she said, “The children’s songs were very touching and the fact that they sang in French made it even more of an honour for us. We French should also go to China to interact with the new generation.”

Yu Qian, Minister of Publicity Department of Wuzhishan Municipal Committee of Hainan Province, noted that Wuzhishan City is located in the south-central part of Hainan Island and is the center of Li and Miao culture in Hainan. It is endowed with pristine tropical rainforests, unique natural scenery and profound Li and Miao cultural heritage.

She said, as a member of the Chinese family, Wuzhishan City will continue to promote traditional Chinese culture, strengthen foreign cultural exchanges and communication, and make positive contributions to the promotion of Sino-French friendship and the cultural diversity of the world.

Lyazid BENHAMI used two “very” to express his appreciation for the children. “They are very, very energetic. They are the new generation that carries the friendship between France and China.”

The “Sino-French Gourmet Carnival” is hosted by Xinhua News Agency and organised by its Information Center. As one of the Projets marquants sur les échanges humains en France et en Chine en 2024 the carnival is supported by the Chinese Embassy in France and the World Federation of Chinese Catering Industry, with more than 80 important guests from the Chinese and French governments, cultural and gastronomic circles, witnessing this gastronomic and cultural gala.

Hashtag: #Wuzhishan

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

Vietnam Celebrates 70 Years Since Dien Bien Phu Battle That Ended French Colonial Rule

Soldiers participate in a parade commemorating the victory of the Bien Bien Phu battle in Dien Bien Phu, Vietnam on 7 May 2024. (Photo: AP)

DIEN BIEN PHU, Vietnam (AP) — Vietnam on 7 May celebrated the 70th anniversary of the battle of Dien Bien Phu in which the French colonial army was defeated by Vietnamese troops, marking the end of the French occupation of Indochina.

NETGEAR Brings WiFi 7 to its Flagship Orbi Family, Unleashing Elite Connectivity

NETGEAR Orbi 970 Series boasts elegant, new design, high-performance antennas and groundbreaking Enhanced Dedicated Backhaul


HONG KONG SAR – Media OutReach Newswire – 7 May 2024 – NETGEAR®, Inc. (NASDAQ: NTGR), the leading provider of award-winning connected products designed to simplify and improve people’s lives, today took its award-winning Orbi line to new heights with a powerful new antenna design and exclusive, patented technology that enhance the benefits of WiFi 7. Born of over 25 years of NETGEAR pioneering WiFi expertise, the Orbi 970 Series delivers unparalleled performance, speeds of up to 27 Gbps1, a slim, elegant design and high performance antennas for 360-degree coverage across just about any home, no matter the layout.

NETGEAR Brings WiFi 7 to its Flagship Orbi Family, Unleashing Elite Connectivity

With the rise of faster multi-gig internet speeds now available to more households, the growing number of connected devices per family and the ever-increasing growth of bandwidth-intensive applications such as 4K/8K video streaming, HD Zoom calls, graphics focused work, highly interactive real-time gaming and immersive AR/VR entertainment, the need for faster WiFi speeds, lower latency and more capacity becomes imperative. Enter WiFi 7.

While WiFi 6E opened the 6GHz band as a superhighway for the latest, fastest devices, WiFi 7 builds on that promise by expanding the channels to 320 MHz and unleashing unprecedented speeds and performance. The Orbi 970 Series maximizes the potential of the new standard with innovative, new technology that ensures the benefits are delivered throughout the home, from the front door to the backyard, across all devices simultaneously.

Unmatched speeds, ready for the future

Orbi’s exclusive, patented Quad-Band technology and unique Enhanced Dedicated Backhaul ensure WiFi stays fast across all devices. Setting Orbi apart from competitors, NETGEAR configures multi-link operation (MLO), a feature of WiFi 7, to create Enhanced Dedicated Backhaul which combines a dedicated 5 GHz band with a 6 GHz band to double the connection speed between the router and satellites and achieve 10 Gig wireless backhaul for reduced latency, and data delivery with maximum speed. The system’s Smart Connect feature also intelligently selects the fastest WiFi band for each connected device.

The router features a 10 Gig internet port as well as one 10 Gig and four 2.5Gig Ethernet ports, to achieve the fastest speeds available today.

The new, elegant, cylindrical bodies of the routers and satellites are purposefully designed for optimal performance, while gracing the home with their slim profile and smaller overall footprint to fit unobtrusively on a desk, entertainment unit or shelf. They feature 12 high-performance internal antennas with high-powered amplifiers for 360-degree, wall to wall, front to back coverage.

“The Orbi 970 Series is another major milestone in delivering the extraordinary power of our patented Quad Band technology across the whole home – from the wine cellar to the game room to the backyard grill – with speeds up to 2.4x faster than WiFi 6,” said David Henry, president & general manager of Connected Home Products and Services at NETGEAR. “We’ve combined our extensive RF (radio frequency) expertise and new patented technology with the features of WiFi 7 to provide the fastest WiFi speeds, ensuring anything and everything connected to the Orbi 970 system operates at optimal performance even across the most demanding smart homes.”

Valuable Services

The kit comes with one year of NETGEAR Armor™ Powered by Bitdefender®2, providing an automatic shield of security for connected devices. Unlike traditional endpoint antivirus products, Armor is built into the router as an all-in-one security solution to monitor activity going to and from the internet, protecting computers, security cameras, baby monitors and other IoT devices on the network and flagging external threats and nefarious outbound activities from IoT devices while eliminating the need for multiple security subscriptions or software.

The NETGEAR Orbi app also enables convenient setup of the router and satellites, and access to the router features for network management from anywhere – at home or afar.

Need more coverage, look no further

The new Orbi 970 Series mesh system (3 pack) covers up to 10,000 square feet and supports up to 200 devices. To extend coverage, extra satellite(s) can be added. Each add-on satellite increases the coverage of an existing Orbi 970 system by up to 3,000 square feet (about the area of a tennis court) and each has one 10 Gig and two 2.5 Gig Ethernet ports to unlock unbeatable speed and reliability on more wired devices, making true multi-gig WiFi a reality.

Technical Specifications:

  • 320MHz high-capacity channels – New, ultrawide bandwidth means up to 2.4x the speed to connected devices and is fully backward compatible with older WiFi devices. WiFi 7 smartphones and laptops can get up to 5Gbps.
  • 4K QAM – Increases speeds for users by more efficient usage of the available bandwidth.
  • Preamble Puncturing – Enables a wider channel than would otherwise be available in areas of high interference.
  • Multi-link Operation – Uses multiple WiFi bands at once, for both backhaul and fronthaul to improve network reliability, reduce latency, and ensure data is delivered with maximum speed.
  • Enhanced Dedicated Backhaul – Leverages multi-link operation (MLO), to combine dedicated 5Ghz with a 6GHz band to get 10 Gig wireless backhaul speed between router and satellites.
  • Multi-Gig Speeds with 10GbE Internet Port – Use the 10 Gig internet port for cable and fiber plans up to 10Gbps. Compatible with any internet service provider.
  • 10GbE LAN Ports – Option to use 10Gig wired connection between the router and satellites.
  • More Capacity for Data-Intense Activities – Connect up to 200 devices, such as security cameras, smart home devices, and speakers, while enjoying smooth 4K/8K video streaming, ultra-responsive online gaming, AR/VR entertainment, and uninterrupted UHD video conferencing.
  • More Multi-gig Wired ports on Router and Satellites – Plug in wired devices to improve performance via a 10Gbps and four 2.5Gbps Ethernet ports.
  • Wi-Fi 7® Networking Pro Series platform – Delivers uncompromising WiFi 7 performance for today’s hyper-connected homes.

Availability
The NETGEAR Orbi 970 Series® is available now in classic white on NETGEAR.com/hk-en exclusively for 2 weeks. csl is NETGEAR’s exclusive internet, mobile service provider partner in the Orbi 970 Series® launch. Orbi 970 Series® will be available exclusively in csl’s retail shops and online store until 21 May 2024.

Orbi 970 Series® will be available at other major retailers subsequently.

  • RBE973S: Router and 2 Satellites – 3 pack, HKD 18,900 manufacturers suggested retail price (MSRP)
  • RBE972S: Router and 1 Satellite – 2 pack, HKD 13,900 MSRP [stock will arrive in June]
  • RBE971S: Router, HKD 7,680 MSRP
  • RBE970: Satellite, HKD 6,980 MSRP

——-

1 Maximum wireless signal rate derived from IEEE® 802.11specifications. Actual data throughput and wireless coverage will vary and be lowered by network and environmental conditions, including network traffic volume, device limitations, and building construction. NETGEAR makes no representations or warranties about this product’s compatibility with future standards. To achieve maximum wireless/wired speed requires devices that use the latest wireless/wired standards and support maximum speeds.

2 NETGEAR Armor™ Powered by Bitdefender® requires a paid subscription after the initial 1-year free trial. Visit https://www.netgear.com/hk-en/home/services/armor/

Hashtag: #NETGEAR

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

About NETGEAR, Inc.

NETGEAR® (NASDAQ: NTGR) has pioneered advanced networking technologies for homes, businesses, and service providers around the world since 1996 and leads the industry with a broad range of award-winning products designed to simplify and improve people’s lives. By enabling people to collaborate and connect to a world of information and entertainment, NETGEAR is dedicated to delivering innovative and advanced connected solutions ranging from mobile and cloud-based services for enhanced control and security, to smart networking products, video over Ethernet for Pro AV applications, easy-to-use WiFi solutions and performance gaming routers to enhance online game play. The company is headquartered out of San Jose, Calif. with offices located around the globe. More information is available from the or by calling (408) 907-8000. Connect with NETGEAR: , , and the at .

©2024 NETGEAR, Inc. NETGEAR, the NETGEAR logo and Orbi are trademarks and/or registered trademarks of NETGEAR, Inc. and/or its affiliates in the United States and/or other countries. Other brand and product names are for identification purposes only and may be trademarks or registered trademarks of their respective holder(s). The information contained herein is subject to change without notice. NETGEAR shall not be liable for technical or editorial errors or omissions contained herein. All rights reserved.

Enjoy the taste of spring together and convey good wishes—— Wanglaoji showed up at the “Sino-French Food Carnival” and Launched the International Brand Identity WALOVI in Paris


PARIS FRANCE – Media OutReach Newswire – 7 May 2024 – On the occasion of the 60th anniversary of the establishment of diplomatic relations between China and France, a mobile food and cultural feast “Sino-French Food Carnival” was held on the Seine River in Paris, France on the evening of May 4th.

Wanglaoji showed up at the

A trendy Chinese herbal tea, known as “cold tea” among Chinese consumers, also attracted many guests. Representatives from Guangzhou Wanglaoji Pharmaceutical Company Limited, the owner of the Chinese herbal tea brand, introduced the attendees to the brand’s stories and its idea to combine healthcare with gastronomy. This is also the first time that Wanglaoji’s English brand identity, WALOVI, has been unveiled on the highly distinctive French landmark, Seine River, after its release in the United States, Italy, France, and Thailand.

Herbal tea originates in Southern China and is a healthy plant-based herbal beverage. Wanglaoji, the ancestor of herbal tea which was founded in 1828, has been listed as a national intangible cultural heritage in China.

In order to promote Ji culture to go abroad, Wanglaoji combines advanced AI technology and meta rendering technology builds to build Ji culture IP in the virtual world, which attracts more young and fashionable overseas consumers and leads the trend of healthy consumption. The on-site guests exclaimed, “They are like a window, letting us know for the first time that traditional Chinese medicine can be ingeniously combined with people’s clothing, food, housing, and transportation, integrating into all aspects of life. They are very oriental and fashionable.”

In recent years, Wanglaoji has accelerated its efforts to promote the brand overseas and sought new growth in overseas markets. Industry research and consulting organization Sullivan pointed out in the Global Beverage Market Development Report that natural plant-based beverages have become one of the rapidly growing tracks in the global beverage market, featuring broad prospects and huge potential. In recent years, Wanglaoji has deeply involved in overseas markets, entering many overseas platforms such as Amazon, Costco, Yamibuy, Wee, etc. Its sales network covers more than 150 countries and regions worldwide.

“We hope to use traditional Chinese herbal tea culture as a link to foster the dissemination and development of oriental health philosophy in Europe, inject new ideas into the exchange and mutual learning of civilizations between China and Europe, and promote ‘Wanglaoji’ to become a vivid carrier of Chinese auspicious culture.” Weng Shaoquan, Chairman of Guangzhou Wanglaoji Great Health Industry Co., said.

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