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HKSTP Elite Global Inno Day Showcasing Impactful Innovations from Future Unicorns


HONG KONG SAR – Media OutReach Newswire – 15 November 2024 – The Elite Programme of Hong Kong Science and Technology Parks Corporation (HKSTP) aims to nurture both local and international tech ventures with high growth potential. With 24 companies currently active in the programme, including 13 home-grown companies and 11 from overseas, the Elite companies span across different industries, including AI & robotics, life and health tech, e-commerce, and digital marketing. Together, these companies have a combined valuation of US$2.67 billion* with 11 companies now classified as centaurs#. HKSTP hosted the Elite Global Inno Day today, a high-profile event designed to highlight the achievements of the Elite companies and reveal their global expansion plan.

A group photo among Mr Eric Or, Acting Chief Corporate Development Officer of HKSTP (eighth from left) and HKSTP Elite Programme portfolio company representatives.
A group photo among Mr Eric Or, Acting Chief Corporate Development Officer of HKSTP (eighth from left) and HKSTP Elite Programme portfolio company representatives.

Launched in 2019, the HKSTP Elite programme has supported a total of 42 companies in expanding beyond Hong Kong, helping them become unicorns and public-listed companies.

Thanks to its strategic location, friendly business environment, competitive tax incentives, worldclass research and development capabilities, and strong intellectual property protection, Hong Kong has been an ideal launchpad for companies aiming for global expansion.

Leveraging these unique strengths, HKSTP has significantly increased its support for Park companies in recent years as they embark on their global expansion journeys. Through the programme, HKSTP provides comprehensive assistance to Elite companies, including first-class infrastructure, funding, business expansion, partnership, research and talent acquisition, all of which propel the success of Elite companies.

Mr Eric Or, Acting Chief Corporate Development Officer​ of HKSTP, said, “As the largest innovation and technology (I&T) ecosystem in Hong Kong, HKSTP continues to foster the success of innovation-driven tech ventures through our Elite Programme, helping them thrive, grow, and, ultimately, achieve their global ambitions, generate significant global impact, and attract international talent to Hong Kong. This also reinforces Hong Kong’s status as a global I&T and talent hub.”

The reach of the Elite companies now extends to 16 international markets across 6 continents, fostering international collaboration and pioneering innovations that are reshaping industries and improving lives worldwide.

Moreover, 12 Elite companies are led by multi-national management teams, and all Elite companies have committed to creating over 1,200 job opportunities in Hong Kong during the 3-year programme period.

Over 200 partners and investors joined today’s Elite Global Inno Day. The HKSTP team also highlighted the extensive support available to the portfolio companies. 17 of the Elite companies participated in the Elite Innovation Pitch, presenting their cutting-edge technological innovations and business strategies to corporate partners, potential investors and channel partners.

*Valuation is calculated when the company is admitted to the Elite Programme

#Centaurs — companies that reach US$100 million of annual recurring revenue.

Appendix: 17 HKSTP Elite companies participated in the Elite Innovation Pitch

Company Introduction
1. Asia Top Loyalty Limited The company provides a multi-platform loyalty rewards, redemption, and exchange system targeting the retail industry.
2. b-ONE Ortho (Hong Kong) Limited b-ONE Ortho provides orthopedic solutions using its patented advanced materials, AI, and surgical robotics technology.
4. Buy&Ship Limited Buy&Ship provides international shipping services, delivering value for money through product sourcing and price comparison powered by AI and big data.
4. Cellomics Holdings Limited Cellomics focuses on developing and commercialising liquid biopsy products and services.
5. Fano Labs Limited Fano Labs offers multilingual AI-driven voice to text recognition, trained in various domains such as Reg Tech, customer service and investigations.
6. FJ Dynamics International Limited As a global leader in robotics and automation, FJ Dynamics delivers solutions for industries like agriculture, construction, and landscaping.
7. GetLinks Limited GetLinks offers a recruitment platform, along with Employer of Record (EOR) and Human Resources-as-a-service.
8. Great Bay Bio Limited Backed by self-developed AI algorithms, large data sets and strong computing power, Great Bay Bio provides an intelligent biotechnology platform for bioprocessing and innovative molecular design.
9. HRWork Limited HRWork focuses on EOR, HR-as-a-Service, and Enterprise Resources Planning (ERP) solutions, supporting the overseas expansion of mainland Chinese enterprises.
10. IKAS Industries HK Pte. Ltd. IKAS provides smart manufacturing tools for semi-conductor manufacturing management knowhow, digital representation, and AI-driven prediction / recommendation.
11. Immuno Cure Holding (HK) Limited Immuno Cure provides immunotherapies for cancers, inflammatory and infectious diseases using its patented PD-1-enhanced DNA vaccine and Anti-Δ42PD1 Antibody Immune Blocking technology platforms.
12. Jumppoint Group Limited Jumppoint offers a digital logistic platform that specialises in last-mile delivery and cold chain management, including route optimisation, fleet management, and cold chain warehouse management.
13. KSHER (Hong Kong) CO., LIMITED Ksher enables SMEs in emerging markets to trade, compete and succeed globally.
14. Leapstack International Ltd Leapstack specialises in InsurTech solutions and product initiatives for insurers and reinsurers, leveraging its expertise in insurance operations, risk management, distribution, AI and big data.
15. PressLogic Limited PressLogic offers an Ad-Tech ecosystem combining data, MarTech and content solutions via its own media channel, AI analytic tools, and campaign projects.
16. Radica Systems Limited Radica provides digital marketing automation platforms across omni-channels.
17. RHT Industries Limited RHT provides air purifiers appliances for home use and construction projects.

Hashtag: #HKSTP

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

Panasonic’s Win a Trip to Japan Campaign


SINGAPORE – Media OutReach Newswire – 15 November 2024 Panasonic announces its latest promotional campaign, a lucky draw with three pairs of Singapore Airlines business class air tickets to Japan up for grabs. The campaign runs from November 15, 2024, to February 9, 2025.

Panasonic’s Win a Trip to Japan Campaign
Panasonic’s Win a Trip to Japan Campaign

Upgrade Home Appliances and Win a Trip to Japan

This is an opportune time to upgrade by investing in a new refrigerator, washing machine, or aircon. Purchase Panasonic’s trusted range of appliances, and stand a chance to jet off to Japan in style. Don’t miss this chance to upgrade and potentially win a free trip!

How to Participate in the Lucky Draw

Shop Panasonic: Purchase any Panasonic products or appliances from the official Panasonic store and at retailers. Available in-store at locations islandwide or online.

Eligible Spend: For every $100 spent on Panasonic products during the campaign period (November 15, 2024 – January 5, 2025), receive one entry into the lucky draw. Entries are cumulative. Spend more for more chances to win.

Register Purchase: After making a purchase, register for the lucky draw by uploading a copy of the purchase receipt through the official online form. Only entries submitted through the online form will be considered for the lucky draw.

Grand Prize: Three pairs of business class air tickets to Japan

Lucky Draw Date

The Panasonic lucky draw to win a trip to Japan will take place on:

  • Date: 21 February, 2025
  • Time: 02:00 PM
  • Location: Panasonic Customer Care Centre (202 Bedok South Avenue 1, Singapore 469332)


Experience Japan with Panasonic

Panasonic’s Win a Trip to Japan campaign celebrates Japanese craftsmanship and innovation while offering customers a chance to fly to Japan and experience the country firsthand. With this lucky draw, Panasonic aims to introduce more customers to premium Japanese appliances and inspire more people to explore Japan as a premier travel destination.

For more information about Panasonic’s Win a Trip to Japan campaign, including detailed terms and conditions, please visit the official campaign page: https://www.panasonic.com/sg/events-and-promotions/events/win-a-trip-to-japan.html
Hashtag: #Panasonic

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

About the Panasonic Group

Founded in 1918, and today a global leader in developing innovative technologies and solutions for wide-ranging applications in the consumer electronics, housing, automotive, industry, communications, and energy sectors worldwide, the Panasonic Group switched to an operating company system on April 1, 2022 with Panasonic Holdings Corporation serving as a holding company and eight companies positioned under its umbrella. The Group reported consolidated net sales of 8,496.4 billion yen for the year ended March 31, 2024. To learn more about the Panasonic Group, please visit:

TDCX Recognized by Financial Times as one of the Best Employers in Asia-Pacific 2025


SINGAPORE – Media OutReach Newswire – 15 November 2024 – TDCX, an award-winning digital customer experience (CX) solutions provider for technology and blue-chip companies, has been honored by the Financial Times (FT) as one of the Best Employers in Asia-Pacific (APAC) 2025. This inaugural award, conducted in partnership with Statista, recognizes TDCX’s commitment to creating an exceptional work environment for its employees.

TDCX Recognized by Financial Times as one of the Best Employers in Asia-Pacific 2025

TDCX’s strong workplace practices have received various industry recognition, with more than 550 awards to-date. Some of these include the Great Place To Work® certification and the Employee Experience Award (EXA) from Human Resources Online.

Ms. Angie Tay, Group Chief Operating Officer and EVP, said, “Employee engagement has always been a key thrust in our operations at TDCX. We firmly believe in creating a positive, uplifting and welcoming culture where people feel at home and motivated to do their best every day. This award from the Financial Times award reaffirms our commitment to fostering a deeply engaging employee culture that is characterized by open communication and structured career development pathways. My heartfelt thanks go to all our TDCX colleagues for their trust and support as we continue to drive new breakthroughs for employees.”

TDCX prioritizes employee well-being, professional growth, and career development in its employee value proposition. Some of the range of initiatives offered by TDCX include mentoring sessions, leadership development, and career coaching.

The company’s early investments in technology have also enabled it to create an empowering and productive culture. An example is TDCX’s proprietary, AI-powered FLASH suite. Through the human capital and experience management suite, TDCX has ongoing insights on employee sentiment, enabling it to better understand and address the needs of employees.

These initiatives have contributed to TDCX enjoying high employee engagement levels. The company achieved scores above 75 per cent in its internal employee sentiment survey, known as FLASH Pulse, among its APAC employees over the last two years.

The selection process for the Best Employers in Asia-Pacific 2025 involved surveying company employees who were asked if they would recommend their company to others and to rate it based on various criteria, including salary, talent development, and working conditions. The evaluation process consists of two stages: first, FT readers nominate companies for inclusion, which are then reviewed for eligibility. In the second stage, employees from nominated companies complete an independent survey, rating their own and other companies based on their experiences.

For more information about TDCX’s recognition and to access the full list of Best Employers in Asia-Pacific 2025, please visit Financial Times.

Hashtag: #tdcx




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

TDCX

Singapore-headquartered TDCX provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, to build customer loyalty and to protect their online communities.

TDCX helps clients achieve their customer experience aspirations by harnessing technology, human intelligence, and its global footprint. It serves clients in fintech, gaming, technology, travel and hospitality, digital advertising and social media, streaming and e-commerce. TDCX’s expertise and strong footprint in Asia has made it a trusted partner for clients, particularly high-growth, new economy companies, looking to tap the region’s growth potential.

TDCX’s commitment to delivering positive outcomes for our clients extends to its role as a responsible corporate citizen. Its Corporate Social Responsibility program focuses on positively transforming the lives of its people, its communities, and the environment.

TDCX employs more than 17,800 employees across 30 campuses globally, specifically in Brazil, Colombia, Hong Kong, India, Japan, Malaysia, Mainland China, Philippines, Türkiye, Singapore, South Korea, Spain, Thailand, Türkiye, and Vietnam. For more information, please visit www.tdcx.com.

Woh Hup Celebrates 88 Years of Bringing Asian Flavours to the World


SINGAPORE – Media OutReach Newswire – 15 November 2024 – Woh Hup, an esteemed name in the world of Asian sauces, proudly marks its 88th anniversary this year. Known for its delicious sauces, concentrated stocks, and instant noodles, Woh Hup has embarked on a remarkable journey fueled by a passion for crafting recipes that have stood the test of time, beloved by both professional chefs and homemakers. Founded in 1936 in Singapore, Woh Hup embarked on a culinary mission fueled by a passion for Asian flavours: to curate a collection of Asia’s most revered sauces and condiments. Their goal is to transform these time-honoured flavours into modern classics, elevating everyday meals in every home.

Woh Hup's Shiitake Mushroom Vegetarian Oyster Flavoured Sauce: A pantry favourite, packed with savoury mushroom goodness
Woh Hup’s Shiitake Mushroom Vegetarian Oyster Flavoured Sauce: A pantry favourite, packed with savoury mushroom goodness

Leong Chee Kang, Chief Executive Officer, Woh Hup Singapore shared his excitement about this milestone: “Celebrating 88 years is a remarkable achievement for Woh Hup. Our journey from a noodle maker in Chinatown, Singapore has evolved into creating a recognised brand known for oyster sauce and convenient sauces. This transformation is a testament to our dedication, innovation, and passion for delivering the highest quality products. We are proud of our heritage and committed to continuing our legacy of excellence, bringing the classic flavours of Asian cuisine to kitchens around the world.”

A Legacy of Quality and Innovation

Woh Hup initially focused on crafting delectable food sauces that captured the rich and diverse flavours of Asian cuisine. By the 1980s, Woh Hup had established itself as the leading producer of oyster sauce in Singapore, a testament to its dedication and expertise. Today, Woh Hup sauces are enjoyed in over 20 countries across continents, including India, Europe, America, Australia, and the Middle East.

Recognition of Heritage and Excellence

Woh Hup’s legacy was further solidified when its Oyster Sauce and Dried Noodles were featured at the prestigious “50 Made in Singapore Products” exhibition in 2015, organised by the National Heritage Board (NHB). This national showcase celebrated Singapore’s manufacturing achievements in its 50th anniversary year, highlighting Woh Hup’s significant contribution to Singapore’s culinary heritage. Woh Hup was also awarded the Top Influential Brand in Singapore in 2018 and 2023 in the Sauces category. This prestigious accolade underscores the brand’s status as a key player in the market and a trusted name among consumers.

Looking Ahead: Woh Hup innovates while preserving traditions

Woh Hup is dedicated to developing new products that align with emerging market trends and modern consumer demands. Homemakers and professional chefs increasingly prefer healthier yet delicious options and seek easy ingredients that allow them to prepare traditional recipes while simplifying their cooking process.

For instance, Woh Hup non-fried instant noodle is a favourite of many and is a healthier option without compromising on flavour, enabling you to enjoy your favourite noodles guilt-free. Catering to diverse palates, Woh Hup offers a variety of vegetarian-friendly options, including Shiitake Mushroom Vegetarian Oyster Flavoured Sauce, regional-inspired soup stocks, convenient sauces, chilli sauces and cooking ingredients.

Woh Hup maintains an unwavering commitment to quality, strictly adhering to international food safety regulations and standards to ensure all products meet global market requirements. Having already expanded globally, Woh Hup’s widespread acceptance and success demonstrate its ability to enrich lives and satisfy diverse palates worldwide.

Hashtag: #WohHup #HeritageFoods

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

About Heritage Foods

WINNING OVER THE WORLD ON HERITAGE
As a global corporate citizen, Heritage Foods Group shares the responsibility to identify and respect what the world demands in terms of taste and flavour.

Our products have gone beyond their home shores and are now used in kitchens around the world from the UK to Australia and from Singapore to Scandinavia.

About Woh Hup

Since 1936, Woh Hup has pioneered the crafting of high-quality Asian sauces, bringing the classic flavours of Asian cuisine to kitchens worldwide. With a legacy of dedication and a passion for delicious food, Woh Hup remains a trusted name in culinary excellence.

Specialising in Asian classic sauces, Woh Hup Food offers a signature range that includes traditional Southeast Asian favourites such as Shiitake Mushroom Vegetarian Oyster Flavoured Sauce, Oyster Sauce, Hainanese Chicken Rice Paste and Dried Chilli Shrimp Instant Noodles. These localised products empower both home cooks and professional chefs to prepare familiar classics or explore new culinary creations with ease.

OneConnect Releases Q3 2024 Results with Net Profit attributable to Parent Company Reaching RMB110 million


HONG KONG SAR – Media OutReach Newswire – 14 November 2024 – OneConnect Financial Technology Co., Ltd (“OneConnect” or the “Company”, NYSE: OCFT, HKSE: 6638), a business technology service provider for financial institutions, announced its results for the first three quarters ending September 30, 2024.

2024 is a pivotal year for OneConnect as it advanced the second phase of its strategy, focusing on “product upgrades, deepening customer relationships, and overseas expansion.” OneConnect continued to accelerate the output of Ping An’s technology and its own product development, concentrating resources to create high-value, high-barrier products. In the meantime, the Company has been actively expanding in overseas markets, tailoring products to address local market demands and institutional pain points while exploring innovative collaboration models to meet the increasingly diverse needs of the global digital finance landscape.

Net Profit attributable to the Parent Company reached RMB110 Million in First Nine Months

Throughout this year, OneConnect’s profitability has further improved, and its overseas business has maintained robust growth.

In the third quarter of 2024, OneConnect’s continuing operations (excluding the virtual banking business) generated revenue of RMB417 million. The net loss attributable to the parent company improved to RMB30 million, compared to RMB51 million in the same period last year, representing a 41.9% year-over-year reduction. Gross margin and adjusted gross margin reached 32.7% and 35.6%, respectively. For the first nine months of 2024, OneConnect’s continuing and discontinued operations achieved a net profit attributable to the parent company of RMB110 million, a 138.9% year-over-year increase, with a net profit margin of 6.0%, up 16.7 percentage points. Furthermore, revenue from third-party overseas customers grew by 23.4% year-over-year during the first nine months.

Mr. Shen Chongfeng, OneConnect’s Chairman of the Board and CEO, stated that since 2024, the Company’s overseas business has maintained strong growth momentum, and profitability has further improved. These achievements are attributed to the Company’s active adjustment of its product portfolio, deepening customer relationships, expansion in domestic and overseas markets, and continued to implement strict cost control, which laid a solid foundation for mid-term profitability.

“In the future, OneConnect will focus on increasing product standardization rates and deliver more high-value products to further enhance gross margin levels. The Company will continue to optimize its cost structure, engage in overseas business expansion, invest in targeted and strategic R&D for high-value products, and deepen collaborations with high-quality customers. We believe these measures will fuel OneConnect’s high-quality growth and create more value for customers and shareholders” Lin Rubo, OneConnect’s CFO, said.

Overseas Business as a Strong Growth Engine

In the first three quarters of 2024, OneConnect’s third-party overseas customers revenue rose 23.4% year-on-year, with its share in total revenue increased to 22.8% (excluding virtual banking business), up by seven percentage points year-on-year.

In the third quarter, OneConnect successfully launched the upgraded SLP (Smart Loan Platform) project, which empowered overseas customers to enhance their business expansion capabilities and improved their operational efficiency. The SLP project showcases OneConnect’s technological strength and product value, which received high recognition from multiple institutions. Currently, the Company’s products have materialized applications across a wide range of sectors overseas, including regional banks, digital banks, and financial companies. Moving forward, OneConnect aims to expand its presence in six ASEAN countries—Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Brunei—leveraging its product capabilities and technological prowess to further enhance its overseas influence.

As of the end of the third quarter, OneConnect’s business has spanned over 20 countries and regions, including South Africa, Singapore, Thailand, Malaysia, Indonesia, the UAE, the Philippines, and Vietnam, serving a total of 192 overseas financial institutions, including the top three regional banks in Southeast Asia and two of the top ten global insurance companies.

Shen Chongfeng pointed out that, OneConnect’s smart credit solution is well-received among overseas bank customers, which reflected the increasing recognition of its products and services. This is the result of the Company’s commitment to product integration and upgrades, deepening customer relationships, and innovative partnership models. Looking ahead, OneConnect will continue to leverage artificial intelligence (AI) to enhance product competitiveness and capitalize on opportunities in overseas markets.

In the third quarter of 2024, OneConnect received several awards from third-party institutions and authoritative media, including the “IDC China Top 50 Emerging FinTech”, “Forbes China Top 50 FinTech Influential Enterprises,” “Forbes China Top 10 FinTech ESG Practice Enterprises,” and the “4th NIFD-DCITS FinTech Innovation Case” by the National Institution for Finance & Development, accumulating a total of 318 awards to date. These accolades underscore the recognition from the industry and the society, regarding the technological prowess of OneConnect’s products and its industry influence.

Continued Product Integration to Serve Core Customers

Shen Chongfeng said that OneConnect is now in the crucial phase of its 2.0 strategy of “deepening customer relationships.” The Company will continue to focus on financial institution customers by integrating and optimizing products and services, prioritizing three core business segments: Digital Banking, Digital Insurance, and the Gamma Platform. This approach will enhance product capabilities, empowering financial institutions to improve efficiency and achieve successful digital transformation.

For the retail segment of digital banking, OneConnect continued to promote digital transformation by focusing on comprehensive customer management, precise product recommendations, and smart channel operations; to assist the retail segment of digital banking to implement smart operations.

For the credit segment, OneConnect has established a lightweight smart credit management system and an inclusive finance platform to build smart credit management capabilities and enable financial institutions to advance in inclusive finance. The Company has also formed partnerships with several foreign banks in digital lending, including a longstanding collaboration with Commerce International Merchant Bank (CIMB), which focused on co-developing customized products to enhance the customer experience.

For digital insurance, OneConnect has implemented several end-to-end SaaS deployment benchmarks, including a project with a major state-owned property insurance company that addresses pain points in claims, underwriting, and service processes; helping customers to enhance risk control in claims and improve underwriting quality. In the Hong Kong market, OneConnect has fully implemented an ePOS platform for a medium-sized Hong Kong insurance company, it has been widely adopted by over 100 brokerage firms and over 1,000 agents, which has significantly expanded its market reach and drove effective growth. That ePOS platform now has an average usage rate of over 80% across all channels.

In addition, OneConnect leveraged the smart solutions of the Gamma Platform to continue to focus on the financial, government, and large corporate customers while aggressively expanding in overseas markets to empower digital decision-making, operations, and management. For instance, its upgraded smart visual risk control platform integrated advanced AI technologies such as fingerprint recognition and micro-expression analysis, which enhanced fraud prevention capabilities. Furthermore, OneConnect launched an HKID eKYC solution in Hong Kong, reducing user operating time by 50% by optimizing user workflows.

Shen Chongfeng stated that financial institutions are facing numerous challenges in view of the digitalization trend. OneConnect will closely follow policy developments and market changes, leverages its unique “technology + business” advantage to continue enhancing its capabilities across digital banking, digital insurance, and Gamma Platform business segments, empowering financial institutions and enterprises to transform digitally and driving the development of new quality of productive forces in the financial sector.
Hashtag: #OneConnect

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

OneConnect Financial Technology Co., Ltd.

OneConnect Financial Technology Co., Ltd. is a Technology-as-a-Service (TaaS) provider for financial institutions and a national high-tech enterprise in China. As an associate of Ping An Insurance (Group) Company of China, Ltd. (Ping An Group), OneConnect leverages Ping An Group’s over 30 years of extensive experience in financial services and its own research capabilities to provide clients with integrated products featuring “horizontal integration and vertical full coverage”—including Digital Banking, Digital Insurance, and Gamma Platform, a digital financial infrastructure platform. With our unique “technology + business” competency, we help clients improve efficiency, enhance services, reduce costs and risks, and achieve digital transformation.

· OneConnect listed on the New York Stock Exchange (NYSE) in December 2019.

· According to CIC, OneConnect ranked second among listed TaaS providers in China in terms of 2020 financial software and services revenue.

· In September 2021, the Company put forward the upgraded “Unite the Core, Empower the Wings” strategy, focusing on serving the digital transformation of financial institutions as the core, while simultaneously expanding its ecosystem and overseas presence as the “wings” to actively promote the overall digital transformation of the financial services ecosystem.

· OneConnect listed on the Hong Kong Stock Exchange (HKEX) in July 2022.

OneConnect possesses strong capabilities in cutting-edge technologies such as Artificial Intelligence, Big Data, and Blockchain. The Company has been included in KPMG’s “China Leading Fintech 50” list for six consecutive years (2018-2023) and the IDC FinTech Rankings Top 100 list (rising to 59th in 2021). OneConnect has garnered the prestigious Wu Wen Jun AI Science and Technology Progress Award, the 2023 National May Day Labor Certificate, and 78 other international professional awards, and has also obtained CMMI5 international certification.

Sheffield Green Opens Offshore Wind Training Centre in Taiwan Chiayi


SINGAPORE – Media OutReach Newswire – 14 November 2024 – Singapore-headquartered and SGX-listed Sheffield Green held the inauguration ceremony for its first training centre under Wind Asia Training on October 23, 2024 in Machohou Industrial Park in Chiayi County, Taiwan. This marks a significant milestone for the company’s global training business. The training centre operates by leveraging on the synergy of funding, technology, and expertise from Singapore, the UK, and Taiwan, offering Global Wind Organisation- (GWO) certified wind power courses in Chinese, English, and Japanese. It plans to gradually introduce more advanced and customised training programmes to cultivate skilled professionals for the offshore wind power industry.

The inauguration ceremony attracted over a hundred guests, including government officials, industry professionals, developers, supply chain partners, and international investors. The event was graced by the presence of central government officials, such as Minister at Executive Yuan/Trade Representative at Office of Trade Negotiations, Mr Jen-ni Yang, and Director at Energy Administration, Mr Chung-Hsien Chen, along with several distinguished guests from the Chiayi County Government, who participated in the ribbon-cutting ceremony. The day’s activities included facility tours and demonstrations of high-altitude work courses, as well as the latest virtual reality (VR) training equipment from the UK for guests to experience, all of which received high praise.

Taiwan will have nearly 3GW of offshore wind power installed capacity by the end of 2024. According to the government’s renewable energy policy goals, this is expected to reach 20.5GW by 2035, creating a substantial number of job opportunities. Mr Kee Boo Chye, CEO of Sheffield Green, commented: “Sheffield Green has cultivated the Taiwan market for many years, and we look forward to assisting Taiwan in training more professionals for the wind power industry through this training centre. This is in line with our goal to promote the sustainable development of renewable energy.” Non-executive director Mr James Wu added, “We are pleased that Wind Asia Training’s first training centre is launching in Chiayi, the hometown of Director Chen and me. In addition to clients from Taiwan and abroad, we will actively collaborate with local schools and organisations to open doors and prepare young people in the Yunlin, Chiayi, and Tainan regions who aspire to join the international wind power industry.”

Looking ahead, Sheffield Green’s next step is to replicate Taiwan’s successful experience in neighbouring markets, including Japan, South Korea, and the Philippines, to support the global renewable energy industry’s demand for skilled professionals. Additionally, the company is in the process of acquiring a training facility in Gran Canaria, Spain, to expand its market presence in Europe. Mr Kee confidently declared: “The acquisition plan will enable us to meet growing demand for wind energy professionals in Europe, further enhancing our competitiveness in the global renewable energy market.”

The Asia Wind Training Centre in Chiayi will officially begin full commercial operations in January 2025, providing comprehensive GWO training courses for corporate organisations and individuals.

Hashtag: #SheffieldGreen

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

About Sheffield Green

Sheffield Green Ltd. is a human resource services provider for the renewable energy industry headquartered in Singapore, with subsidiaries incorporated in Singapore, Japan, Poland, South Korea and a branch office registered in Taiwan. The Group provides human resource services for Engineering, Procurement, Construction, and Installation (“EPCI“) works in the renewable energy industry, which includes onshore wind, offshore wind, solar and green hydrogen.

Most of the Group’s business consists of projects from the offshore wind sector, and the Group specialises in providing human resource services along the entire renewable energy value chain.

For more information on Sheffield Green, please visit:

Eude Technology Establishes Strategic AI Research Partnership with Nanyang Technological University

SINGAPORE – Media OutReach Newswire – 14 November 2024 – Eude Technology PTE. LTD. (Eude Technology) is proud to announce a strategic research partnership with Nanyang Technological University’s (NTU) College of Computing and Data Science, Division of Artificial Intelligence. This collaboration will focus on groundbreaking research in frontier AI technologies, with an emphasis on developing next-generation Large Language Models (LLMs).

The partnership brings together Eude Technology’s entrepreneurial vision and NTU’s academic excellence in AI research, aiming to pioneer advancements that push the boundaries of artificial intelligence. The collaborative effort seeks to not only advance the theoretical foundations of AI but also explore practical applications that can address industry challenges and opportunities across Asia and the U.S.

Speaking on the collaboration, Professor Bo An, Head of NTU’s Division of Artificial Intelligence, shared his enthusiasm: “We are excited to partner with young AI entrepreneurs like Mr. Gong from Eude Technology. Although we cannot disclose our research theme yet, I can say we are doing some advanced AI topics that nobody has ever done before.” With a stellar track record in the field, Professor Bo An is renowned for his contributions to artificial intelligence, particularly in areas like reinforcement learning and multi-agent systems. NTU’s AI division has become a global hub for cutting-edge AI research.

Mr. Jian Gong, CEO of Eude Technology, expressed his confidence in the collaboration: “Professor Bo An’s team is one of the best in frontier AI research across Asia and the U.S. We look forward to developing new AI technologies and applying them to industry use cases in both markets. This partnership represents a significant milestone for Eude Technology as we work towards creating transformative solutions powered by advanced AI.”

The partnership underscores Eude Technology’s commitment to innovation and its role as a driving force in the AI landscape. By joining forces with NTU, a university consistently ranked among the top in the world for AI research, Eude Technology is poised to leverage academic insights and translate them into practical technologies with real-world impact.

The focus on next-generation LLMs positions the partnership at the heart of the AI revolution. Large Language Models, such as GPT and its successors, have transformed industries ranging from healthcare to finance, and this collaboration aims to take these capabilities to new heights. The research will explore uncharted territories of AI, addressing challenges like ethical AI development, multilingual capabilities, and domain-specific optimizations.

In addition to advancing AI research, the partnership highlights the importance of collaboration between academia and industry. By fostering such alliances, the initiative aims to bridge the gap between theoretical research and practical implementation, ensuring that innovations are not only groundbreaking but also widely accessible and impactful.

As the collaboration takes shape, both Eude Technology and NTU envision their joint efforts contributing significantly to the global AI ecosystem. With a shared commitment to excellence and innovation, the partnership is expected to deliver breakthroughs that will set new benchmarks in the field.

This announcement marks the beginning of what promises to be a transformative journey for both organizations. Together, Eude Technology and NTU are ready to chart new paths in artificial intelligence, paving the way for a future defined by intelligent, ethical, and impactful AI solutions.

Hashtag: #EudeTechnology #NanyangTechnologicalUniversity

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

Five Overseas Cities Win This Year’s Shanghai Award for Sustainability

SHANGHAI, CHINA – Media OutReach Newswire – 14 November 2024 – Morocco’s Agadir, India’s Trivandrum, Qatar’s Doha, Mexico’s Iztapalapa, and Australia’s Melbourne have won the 2024 Global Award for Sustainable Development in Cities, also known as the Shanghai Award, in recognition of their achievements in advancing sustainability.

Agadir was recognized for initiatives that enhance residents’ well-being through energy and water conservation, as well as an increase in green spaces per capita, according to a report released on World Cities Day, October 31.

The city in southern Morocco has introduced innovative programs, including a cultural participation initiative, smart city technology development, public engagement enhancements, and improved citizen services and living conditions.

Established in 2022, the Shanghai Award is a global initiative led by the United Nations Human Settlements Programme, also known as UN-Habitat, and the municipality of the eastern Chinese city. The award aims to advance the United Nations’ 2030 Agenda for Sustainable Development and promote the local implementation of the UN’s New Urban Agenda which envisions cities as engines of prosperity.

Trivandrum, the capital of Kerala in India, received recognition for its 2030 Development Plan which focuses on building a knowledge-driven economy. The city has created jobs, improved transport efficiency, provided safe housing, and implemented environmental information systems, becoming a model of sustainable development through public-private partnerships and renewable energy sources such as solar power.

Doha was awarded for its respect for cultural heritage and efforts to reduce environmental impact through green building practices, the Doha Metro, and economic diversification. The city has also made strides in healthcare and in fostering an inclusive, thriving community.

Iztapalapa, a borough of Mexico City, has launched a comprehensive strategy combining spatial innovations with social programs to foster transformational communities, with an emphasis on gender equality and youth empowerment to build a people-centered sustainable future.

Melbourne has reduced greenhouse gas emissions by 76 percent since 2016, developed renewable energy procurement models, increased biodiversity, revitalized central areas, and prioritized equity and inclusion in its sustainability initiatives.

Hashtag: #ShanghaiAwardforSustainability

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