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OneHypernet extends wholesale FX rates to SMEs

SINGAPORE – Media OutReach – 22 March 2023 – OneHypernet, a money transfer network that connects financial institutions for foreign exchange (FX) payments, has announced that small and medium-sized enterprises (SMEs) can now access wholesale FX rates for their money transfers / remittances. In addition, SMEs receive cashback on their transactions. OneHypernet offers price matching via WhatsApp, ensuring that SMEs get the best possible rates.

SMEs are often misled by money transfer pricing
Comparing the cost of money transfers can be tricky because providers present their FX rates and fees differently. Some charge variable fees, some charge fixed fees, and some simply present an FX rate that includes a mark-up.

This makes a like-for-like comparison of FX rates and fees difficult. Instead of comparing fees or FX rates, SMEs should consider the foreign currency amount that needs to be transferred, then compare the final payment in their local currency (net of any fees and cashback).

For example, for a Singapore based SME that is making a payment of MYR 150,000 to Malaysia, the comparison should be made between the final cost in SGD of executing this payment via the different providers.

SMEs save 1-2% on average with OneHypernet
SMEs save 1-2% on average with OneHypernet

The interbank / mid-market or “Google” rate may not be the best rate
Many providers claim to offer transparent pricing by charging a variable fee on top of the interbank rate. However, SMEs should be mindful that this can also be misleading.

For example, if the provider offers a mark-up of 0.50% over the interbank rate, the SME may believe that their “cost” is only 0.50%, because interbank rates are mistakenly used as a proxy for the best possible FX rate.

This is not always the case because money transfer rates can often be better than interbank rates, sometimes by as much as 3%. In this example, if the SME had used a platform with a better FX rate, they could have saved 3.5% on their money transfer, or S$1,575 for a typical SME remittance of SGD 45,000.

Save more with OneHypernet
OneHypernet conducted a comparison of the cost of sending MYR 150,000 on 21 Mar 2023 from popular providers in Singapore. The results showed that SMEs using OneHypernet for their remittances can save up to S$745 for this transaction.

Signing up for a OneHypernet account is free and takes less than a minute via Myinfo / Singpass. For more information, please visit www.onehypernet.com
Hashtag: #OneHypernet #FX #moneytransfer #remittance #SME #MYR #inflation

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

OneHypernet

OneHypernet connects the world’s foreign exchange markets on a unified ecosystem powered by enterprise blockchain technology, and has been awarded the Monetary Authority of Singapore (MAS)’s Financial Sector Technology and Innovation (FSTI) Proof of Concept (POC) grant.

Graphisoft’s Archicad Collaborate makes leading BIM technology more accessible through new subscription offering

With Archicad Collaborate, architects now have easy, affordable access to powerful BIM technology for design and cloud collaboration.

BUDAPEST, HUNGARY – Media OutReach – 22 March 2023 – Graphisoft, the leading Building Information Modeling (BIM) software solutions developer for architecture and engineering, today introduces Archicad Collaborate. This subscription-based offer combines award-winning Archicad for architectural design with BIMcloud SaaS for fast, efficient, secure access to shared projects in real-time — all at an affordable price point.

Unlike other BIM software providers that charge additional fees for cloud services, Archicad Collaborate lowers the barrier to entry by offering award-winning BIMcloud SaaS as part of the Archicad subscription price in the user-friendly online Graphisoft Store. “Customers demand powerful solutions that are easy to acquire, learn, and use,” said Márton Kiss, Vice President of Product Success at Graphisoft. “Archicad Collaborate allows practices to acquire both Archicad and BIMcloud SaaS at a price even smaller firms can afford.”

Archicad Collaborate includes:

  • Archicad— a robust design solution with a world-renowned user-friendly interface that makes it the most efficient and intuitive BIM software on the market.
  • BIMcloud Software as a Service — users access their data via a secure cloud solution for fast, flexible, secure access to shared projects in real-time.
  • Exclusive data and collaboration services that maximize the value of the subscription, including access to Graphisoft Learn courses and training materials; emergency licenses and technical support; Redshift by Maxon, a high-end rendering tool; PARAM-O, a parametric object design tool; the Library Part Maker add-on for creating detailed Library objects; and Python API for customized and automated Archicad workflows.

When asked about the benefits of using Archicad with BIMcloud SaaS, Peter Snellman, Partner and Design Director at Tillberg Design said, “Working on the same Archicad model from different countries, we have fewer problems.”

“With Archicad Collaborate, you can start your project on BIMcloud SaaS, a secure cloud platform built for sharing and collaborating with your team — without additional hardware investments or IT experience,” Márton Kiss added. “Using Archicad‘s powerful and proven tools, you can design great buildings with your team and share them with customers and clients — anywhere in the world!”

Archicad Collaborate is now available in Asia Pacific except for China in the Graphisoft Store.

Visit Graphisoft website to learn more about upcoming virtual events.
Hashtag: #Graphisoft

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

About Graphisoft

® empowers teams to design great buildings through award-winning software solutions, learning programs, and professional services for the AEC industry. Our award-winning products and solutions support OPEN BIM for workflow transparency, longevity, and data accessibility for built assets. Archicad®, the architects’ BIM software of choice, offers a complete end-to-end design and documentation workflow for architectural and integrated architectural and engineering practices of any size. BIMx®, the most popular mobile and web BIM app, extends the BIM experience to include all stakeholders in the building design, delivery, and operations lifecycle. BIMcloud®, the AEC industry’s first and most advanced cloud-based team collaboration solution, makes real-time collaboration possible across the globe regardless of the size of the project and the speed or quality of the team members’ network connection. DDScad solutions support users with intelligent Mechanical, Electrical, and Plumbing (MEP) design tools, integrated calculations, and comprehensive documentation of all building system disciplines. DDScad Architect & Construction is developed for architects, building contractors, and industrialized timber frame housing manufacturers in Scandinavian markets. Graphisoft is part of the Nemetschek Group. To learn more, visit .

Infineon and Delta Electronics to collaborate on electromobility; Memorandum of Understanding extends long-term partnership from industrial to automotive applications

MUNICH, GERMANY AND TAIPEI, TAIWAN – Media OutReach – 21 March 2023 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), global leader in automotive semiconductors, and Delta Electronics, Inc., the world-leading power and energy management company based in Taiwan, are expanding their long-term cooperation from industrial to automotive applications.

Infineon and Delta signed a Memorandum of Understanding that will deepen their joint innovation activities to provide more efficient and higher-density solutions for the fast-growing market of electric vehicles (EV).

Infineon and Delta signed a Memorandum of Understanding that will deepen their joint innovation activities to provide more efficient and higher-density solutions for the fast-growing market of electric vehicles (EV).

Today, both companies signed a Memorandum of Understanding that will deepen their joint innovation activities to provide more efficient and higher-density solutions for the fast-growing market of electric vehicles (EV). The agreement covers a wide range of components such as high- voltage and low-voltage discretes and modules as well as microcontrollers to be used in EV drivetrain applications such as traction inverters, DC-DC converters and on-board chargers.

In addition, both parties agreed to set up a joint innovation lab for automotive applications. The Delta-Infineon Automotive Innovation Center will be co-managed by both companies. It is scheduled to be set up in Pingzhen, Taiwan in the second half of 2023.

“Infineon and Delta share the common goal of developing increasingly energy- efficient and CO2-saving solutions that support global decarbonization efforts,” said Peter Schiefer, President of Infineon’s Automotive division. “We want to further advance the energy efficiency of electromobility together by combining Infineon’s comprehensive automotive product portfolio and application know-how with Delta’s expertise in integration and system optimization. Ensuring the energy efficiency of automotive applications is of paramount importance in our time and we are committed to further improving it.”

“Infineon is a trusted partner of Delta. Over the past 25 years we have successfully collaborated in the area of industrial products. We are now looking forward to extending this partnership to electromobility,” said James Tang, Corporate Vice President of Delta Electronics. “We see a growing demand in the automotive industry for innovative, clean and energy-efficient solutions. Together with Infineon, we are committed to support the global transition to electromobility with our products and solutions and to bring electromobility to a whole new level.”

Hashtag: #Infineon #semiconductor #Delta #automotive


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

About Infineon

Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 56,200 employees worldwide and generated revenue of about €14.2 billion in the 2022 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).
Infineon is at the core of the transformation of the automotive industry towards sustainable mobility. Further information on Infineon’s mobility solutions is available at www.infineon.com/mobility

About Delta

Delta, founded in 1971, is a global leader in switching power supplies and thermal management products with a thriving portfolio of smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, “To provide innovative, clean and energy-efficient solutions for a better tomorrow,” Delta leverages its core competence in high-efficiency power electronics and its ESG- embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents.
Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to ESG.
Since 2011, Delta has been listed on the DJSI World Index of Dow Jones Sustainability™ Indices for 12 consecutive years. In 2022, Delta was also recognized by CDP with double A List for its substantial contribution to climate change and water security issues and named Supplier Engagement Leader for its continuous development of a sustainable value chain.
For detailed information about Delta, please visit: www.deltaww.com

Youth Aspirations Lighting up the curiosity of “Generation Z” around the world

The Chinese Association for Radio, Film & TV Exchanges, together with Yoywow Communications presents outstanding “Chinese Generation Z” content creators to the world, aiming to connect and communicate with teenagers all over the world.

BEIJING, CHINA – Media OutReach – 21 March 2023 – In March 2023, the Chinese Association for Radio, Film & TV Exchanges launched a campaign “Youth Aspirations” together with Chinese and foreign scientists, artists, and “Chinese Generation Z” content creators to convey the power of contemporary “Chinese Generation Z” role models.

The event aims to show the talents of exceptional content creators from Generation Z in China to young people all over the world. The Chinese Association for Radio, Film & TV Exchanges, Yoywow Communications will share the stories of advanced and outstanding peers of Chinese Generation Z in the online space to the whole world, and promote cultural exchange and mutual learning among Chinese and other civilizations. The Chinese Association for Radio, Film & TV Exchanges, Yoywow Communications have put forward a proposal for the global Generation Z: Pay attention to the works of outstanding Chinese teenagers and share Chinese teenagers positive stories that can guide and inspire all young people towards a healthy and meaningful future. The Chinese Association for Radio, Film & TV Exchanges, Yoywow Communications believe that the accomplishments of these young individuals represent the new power of China’s future.

The event was officially launched in China in October 2022, as role model education is an essential aspect of everyone’s development, particularly for young people’s socialization and growth. The Chinese Association for Radio, Film & TV Exchanges, Yoywow Communications want to encourage more young people to ignite their curiosity and thirst for knowledge about the world.

At this event, people all over the world will witness the remarkable talents of Chinese teenagers with their unique skills, who will share their inspiring stories of growth and personal development with their peers. The Chinese teenagers will engage in conversations with scientists, artists, and various big shots from all walks of life. The Chinese teenagers will visit villages across China, and immerse in local traditional culture and intangible cultural heritage projects to appreciate the beauty of Chinese culture.

This event will show the young generation of China to the world, listen to international voices, create diverse cultural exchange scenes, respect differences, understand the importance of individuality, and jointly support the healthy growth and development of young people. The Chinese Association for Radio, Film & TV Exchanges, Yoywow Communications believe that everyone’s sharing will have a profound and lasting impact on the growth and well-being of young people worldwide through this collaboration.

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

New Research Reveals That Employees with All Levels of Digital Skills Boost Hong Kong’s Annual GDP by US $47.5 billion

73% say digital skills will be very important or extremely important to their business over the next five years, but 72% of organizations are facing hiring issues

AWS has trained over 100,000 individuals in Hong Kong with cloud skills since 2014

HONG KONG SAR – Media OutReach – 21 March 2023 – Amazon Web Services (AWS), an Amazon.com company, today released new research that shows that employees with basic through to advanced digital skill levels in Hong Kong increases the city’s annual gross domestic product (GDP) by US $47.5 billion. Employees who use advanced digital skills – including cloud architecture or software development – contribute an estimated US $5.4 billion to Hong Kong’s GDP. This is attributed to the 58% higher salaries that these employees earn compared to those with a similar education who do not use digital skills at work.

The “AWS Hong Kong Digital Skills Study: The Economic Benefits of a Tech-Savvy Workforce,” commissioned by AWS and conducted by Gallup, examined how building a technology-enabled workforce has significant benefits for employees, organizations, and economies. More than 300 employers were surveyed in Hong Kong from a variety of public and private sector organizations and industries. The study classifies basic digital skills as the ability to use email, word processors, other office productivity software, and social media. Intermediate digital skills include drag-and-drop website design, troubleshooting applications, and data analysis. Advanced digital skills include cloud architecture or maintenance, software or application development, artificial intelligence (AI), and machine learning.

The study found that advanced digital employees in Hong Kong are benefitting from more than just a boost in their income. The average employees with advanced digital skills earn 58% more than similar employees who do not use digital skills which translates into individual gains of USD $19,699. 50% employees in Hong Kong who use advanced digital skills express higher job satisfaction, compared to 26% with intermediate skills and 36% with basic digital skills.

Similarly, employers that rely heavily on advanced digitally-skilled employees, digital technology, and cloud technology reap higher business growth and innovation. The study found that 65% of digitally advanced organizations in Hong Kong introduced new, innovative products in the last two years, compared to 51% of their less digital counterparts. 57% of Hong Kong organizations that run most of their business on the cloud report steady annual revenue growth of 10% or more, compared to 30% of those that use the cloud for some of its business. The study also shows that companies in Hong Kong running most of their business on the cloud boast innovation rates 35 percentage points higher than companies that use the cloud for some of its business or do not use it at all (84% vs. 49%).

With many organizations now preparing for the challenges of a digital future, the Gallup study looked at 10 emerging technologies including AI, edge and quantum computing, blockchain, and cryptocurrency. 58% of employers in Hong Kong say at least one of these technologies is likely to become a standard part of their future business operations, with 5G and Artificial Intelligence ranking the highest at 36% and 28%.

“People in Hong Kong are increasingly going digital, from the way they work to the way they live. This research shows that digital skills provide immense economic value to Hong Kong at the individual, organizational, and macroeconomic level,” said Gallup Principal Economist, Dr. Jonathan Rothwell. “As more organizations move their IT to the cloud over the next decade and new technologies emerge, digitization is going to fuel a vast number of new jobs. The opportunity for Hong Kong to be competitive in the digital economy depends on having a robust and highly skilled workforce to support current and future innovations.”

With the digital transformation of businesses and government agencies accelerating around the world, demand for digital workers will remain strong in the coming years. 77% of Hong Kong employers surveyed reported they were seeking to fill openings that require digital skills, but 72% said it is challenging to find the talent they need. A possible barrier is that 31% of Hong Kong organizations prefer a bachelor’s degree, even for entry-level IT staff. However, many are starting to recognize that accepting industry certifications can ease their hiring challenges. 69% of employers say that digital certifications or training courses are acceptable substitutes for a bachelor’s degree.

“AWS is committed to supporting digital talent cultivation and organizations’ digital transformation in Hong Kong, as we believe that a strong pipeline of digital talent will bring immense economic benefits and is essential for Hong Kong to remain competitive in the global economy. We have trained over 100,000 people with cloud skills in Hong Kong. As we see more and more organizations and corporations working with AWS to upskill and reskill their employees to bridge the digital skills gap, we will continue to expand our digital skills training programs for workers and employers in the region,” said Robert Wang, Managing Director, Hong Kong and Taiwan, AWS.

To help employees develop their digital skills, PCCW Global, a leading international communications service provider, has worked with AWS to help its employees develop digital skills with AWS Skills Guild and Digital Innovation (DI) Program. The company has leveraged AWS Skills Guild to create an enablement program called Cityverse, which has trained hundreds of employees, and will also facilitate colleagues seeking AWS certification in 2023. AWS Skills Guild is a comprehensive skills enablement program that helps organizations accelerate cloud outcomes by creating excitement, increasing employee engagement, and nurturing a culture of learning. PCCW Global also leveraged the AWS Digital Innovation (DI) Program to learn about Amazon’s customer-centric approach to innovation and working backwards mechanisms which accelerate companies’ journeys to adopting the cloud and creating customer-centric products for their customers.

“At PCCW Global, we are committed to drive innovation and upskill digital talent. Through our relationship with AWS, we have been able to comprehensively enhance our impactful skills enablement program. We are confident that a mindset aimed at innovation and transformation will help us remain competitive,” Marc Halbfinger, CEO, PCCW Global said.

Since Amazon’s global commitment to invest hundreds of millions of dollars to provide free cloud computing skills training to 29 million people around the world by 2025, AWS has trained more than 13 million people in digital skills. For more information about our free cloud skills training commitment, visit AboutAmazon.com/29million. Early this year, AWS also announced Team Subscription on Skill Builder, the AWS online learning center in Hong Kong, to help organizations to create a scalable and flexible learning solution by offering self-paced digital training lab, team challenges and expert-led learning plans. The Team Subscription also provides administrative capabilities to assign and track training for teams.

Download the “AWS Hong Kong Digital Skills Study: The Economic Benefits of a Tech-Savvy Workforce“.

Hashtag: #AmazonWebServices #AWS

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

About Amazon Web Services

Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud offering. AWS has been continually expanding its services to support virtually any cloud workload, and it now has more than 200 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 99 Availability Zones within 31 geographic regions, with announced plans for 15 more Availability Zones and five more AWS Regions in Canada, Israel, Malaysia, New Zealand, and Thailand. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit .

About AWS Training and Certification

AWS Training and Certification equips learners and organizations in more than 200 countries and territories with education resources to build and validate in-demand cloud computing skills. Learners of various skill levels, roles, and backgrounds can build knowledge and practical skills with 600+ free online courses in up to 14 languages on AWS Skill Builder, which is part of Amazon’s commitment to provide 29 million people around the world with free cloud computing skills training by 2025. Since 2020, we’ve helped over 13 million people get cloud skills training for free. Learners can deepen their skills and expertise with live classroom training, and earn AWS Certifications, which demonstrate cloud computing expertise with an industry-recognized credential. We also help cultivate the next generation of cloud professionals through our Education Programs, including AWS Academy, AWS Educate, and AWS re/Start, providing cloud skills training and AWS Certification opportunities to individuals of diverse backgrounds who want to learn cloud or seek a career change. We recently launched two paid digital subscriptions for our digital learning center, AWS Skill Builder: Individual and Team, to support customer learning with highly interactive, challenged-based learning and AWS Certification exam preparation. Learn more aws.amazon.com/training.

Missing Radioactive Capsule Recovered In Thailand

Radioactive Capsule In Thailand Found After It Went Missing
radioactive cylinder that had gone missing from a steam power plant in Thailand’s eastern province of Prachinburi. ( Photo : AP )

After a days-long search for a missing radioactive capsule, authorities in Thailand managed to find the device on Monday in Eastern Prachin Buri Province.

Tongcheng Travel Sailed Through Pandemic with Strong Base to Embrace Growth

Strong User Base, Diversified Service Offerings and Deepened Penetration to Secure Opportunities from China’s Travel Rebound

HONG KONG SAR – Media OutReach – 21 March 2023 – Tongcheng Travel Holdings Limited (“Tongcheng Travel” or the “Company”, together with its subsidiaries the “Group”, stock code: 0780.HK), an innovator and leader in China’s online travel industry, today announced its audited consolidated results for the year ended 31 December 2022 (the “period under review” or “FY2022”).

In FY2022, Tongcheng Travel recorded a total revenue of approximately RMB6,585 million. The adjusted net profit amounted to approximately RMB646 million, representing an adjusted net margin of 9.8%. In 2022, Tongcheng Travel’s number of average monthly active users (“MAUs”) and number of average monthly paying users (“MPUs”) reached 234 million and 29.7 million, respectively, with an increased paying ratio of 12.7%, while the number of annual paying users (“APUs”) was 188 million.

Mr. Ma Heping, Executive Director and CEO of Tongcheng Travel, said, “We are pleased to have sailed through the rough tides during the pandemic which lasted over three years, with last year being the toughest of all due to a myriad of travel restrictions that severely hindered the mobility of people and business. In the past three years, we have expanded our active and paying user base, broadened our service offerings, developed new revenue streams through organic growth and acquisitions, sharpened our technological edge and deepened our presence in lower-tier cities market. These have improved our fundamentals and enhanced our strengths, laying a solid foundation for the Company’s strong and sustainable growth going forward.”

During the three-year span of the pandemic, the user demands have diversified, and the demand for local and short-haul travel gradually increased. Tongcheng Travel captured opportunities and achieved growth in both business and user amount. Its accommodation reservation business has delivered consecutive year-on-year growth since 2020. In addition, the number of average MAUs and MPUs posted growth in FY2022 as compared to the pre-pandemic period, with paying ratio edging up from 12% to 12.7% over the last three years.

Effectively Acquired Users with Diversified Traffic Channels

Tongcheng Travel maintained stable and effective traffic channels from Weixin mini program through deepening its cooperation with Tencent. Apart from the mini program, Tongcheng Travel kept exploring various scenarios within the Tencent ecosystem during the year to better interact with users and improve brand awareness.

Tongcheng Travel continued to develop its online and offline user acquisition channels to expand user base and further penetrate lower-tier cities market in China. It strengthened the cooperation with various hotels and tourist attractions to enrich its products and services on short-video platforms to provide users with more travel options and convenience. It also teamed up with hotels to acquire users through QR code scanning at hotels and continued to cultivate alternative traffic channels by further exploring public transport options such as metro and intra-city buses.

Reinforced Market Position by Expanding Business Scale

During the period under review, Tongcheng Travel continued to diversify its businesses to build a stronger foothold in the travel industry. Tongcheng Travel reinforced its presence in lower-tier cities by deepening the strategic cooperation with urban and rural bus operators. At the same time, Tongcheng Travel strived to enhance the travel efficiency across different business segments by promoting cross-selling, and enriched its one-stop products and services to better satisfy users’ needs during their journeys and increase their stickiness to the Company’s platform.

Furthermore, Tongcheng Travel continued advancing its technological capability to transform from Online Travel Agency (“OTA”) to Intelligent Travel Assistant (“ITA”), aiming to obtain higher efficiency and contribute to the digitalization of the travel industry. Measures include introducing a self-developed AI system to more customer service scenarios, establishing strategic partnerships with various airports across China, as well as developing and applying comprehensive SaaS solutions, to help more individual, small and medium-sized chain hotels and alternative accommodations raise their operational efficiencies and monetization potential.

ESG Rating Upgraded to AA

With its strong commitment to good governance and social responsibility, Tongcheng Travel’s MSCI ESG rating was upgraded from “A” to “AA” in September 2022. In the past year, the Company cooperated with different local governments to promote cultural heritage tourism, and formulated initiatives to give back to the society, such as helping graduates in their job seeking by offering them preferential air tickets and providing privileges to students during the winter break peak season.

Following the relaxation of travel restrictions earlier in 2023, Tongcheng Travel is optimistic about the recovery and sustainable growth of China’s travel industry. On top of reinforcing its business fundamentals, it has also initiated a number of acquisitions and expansion to broaden its presence along the industry chain. Such efforts included the establishment of comprehensive accommodation industry platform which offering hotel management, information technology, trade and procurement services, and the acquisition of Tongcheng International Travel Service Co., Ltd. which focuses on leisure travel business, to further achieve greater economies of scale and solidify the market leading first-mover advantage of the Company.

Going forward, Tongcheng Travel will continue to develop its traffic channels with a strong focus on untapped markets such as lower-tier cities and leverage its innovation capabilities to optimize products and services and to capture the opportunities in the post-pandemic era. Tongcheng Travel will also focus on corporate governance, environmental protection, and social responsibility in business operations to generate long-term sustainable value.

Hashtag: #TongchengTravel

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

Tongcheng Travel Holdings Limited (HKSE Stock Code: 0780.HK)

Tongcheng Travel is a one-stop shop for users’ travel needs. With the mission “make travel easier and more joyful”, Tongcheng Travel offers a comprehensive and innovative selection of products and services covering nearly all aspects of travel, including transportation ticketing, accommodation reservation, tourist attraction ticketing, and products including package tour, self-guided tour and cruise, covering a wide array of transportation and leisure travel scenarios primarily through its online platforms, which comprise its Tencent-based platforms, its proprietary mobile apps, quick apps and other channels.

As a technology-driven company, Tongcheng Travel leverages big data and AI capabilities to better understand the preferences and behaviors of users, thereby offering users customized products and services. Tongcheng Travel has a strategic focus on lower-tier cities in China and seized opportunities there supported by its diversified traffic sources, product innovation capability and flexible operation strategies. Through the in-depth understanding of user experience and advanced technological capabilities, Tongcheng Travel has been revolutionizing what consumers expect from the online travel industry, making the entire travel process more convenient, personalized and enjoyable than ever. Tongcheng Travel aims to develop and apply its advanced technology to transform from an online travel agency to intelligent travel assistant.

For more information, please visit the Group’s website at

US and Laos Cooperate in Anti-Human Trafficking Learning Event

U.S. Office To Monitor And Combat Trafficking In Persons Meets With Anti-Human Trafficking Secretariat Of Laos For Trafficking In Persons Learning Event
(Front row) U.S. Embassy Vientiane Deputy Chief of Mission, Shannon Farrell, and Police Colonel Latsamy Xayakham, Director General of the Anti Human Trafficking Department, co-chaired a Trafficking in Persons (TIP) Learning Event in Vientiane.

Lao and US officials met in Vientiane on Friday to jointly undertake an anti-human trafficking learning event.