EAST WINDSOR, N.J., Dec. 12, 2023 /PRNewswire/ — Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced that its CEO, Raymond Wang, will participate in a fireside chat with Water Tower Research Analyst, Graham Mattison, on Thursday, December 14, 2023, at 2:00 p.m. Eastern Time.
To view the fireside chat with Raymond Wang, Chief Executive Officer of Greenland, please register by clicking here.
CEO Fireside topics are expected to include:
An update on key strategic initiatives, including the Company’s recent winning Port of Baltimore bid and potential for additional awards both in Baltimore and at other ports; Expanded opportunities for the recently announced HEVI Energy to support the growth of the all-electric-powered HEVI equipment and drive incremental revenues; HEVI’s sales & marketing efforts, including recent demonstration programs with equipment rental companies and municipalities; Details on the Company’s newly launched HEVI approved Service Provider Network Program; and Margin expansion at the Company’s transmission products business and the new products that are supporting the improving outlook.
About Water Tower Research (WTR) Water Tower Research helps companies and investors connect by creating expert information flow and strategies that are the foundation of a successful modern investor relations platform. WTR’s analysts and capital markets professionals bring decades of unrivaled Wall Street experience and insight to a new digital world of investor communications and engagement. WTR’s research and investor content are distributed across traditional research aggregators like Bloomberg, FactSet, etc., proprietary direct distribution lists, social media, search engines, and WTR’s website. As a result, every institutional and retail investor has equal access to WTR’s high-quality company research.
About Greenland Technologies Holding Corporation Greenland Technologies Holding Corporation (NASDAQ: GTEC) is a developer and a manufacturer of drivetrain systems for material handling machineries and electric vehicles, as well as electric industrial vehicles. Information on the Company’s clean industrial heavy equipment division can be found at HEVI Corp.
Safe Harbor Statement This press release contains statements that may constitute "forward-looking statements." Such statements reflect Greenland’s current views with respect to future events and are subject to such risks and uncertainties, many of which are beyond the control of Greenland, including those set forth in the Risk Factors section of Greenland’s Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC"). Copies are available on the SEC’s website, www.sec.gov. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Greenland’s expectations with respect to future performance. In addition, there is uncertainty about the further spread of the COVID-19 virus or the occurrence of another wave of cases and the impact it may have on the Company’s operations, the demand for the Company’s products, global supply chains and economic activity in general. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated or expected. Statements contained in this news release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. Greenland does not intend and does not assume any obligation to update these forward-looking statements, other than as required by law.
This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network
BEIJING, Dec. 12, 2023 /PRNewswire/ — Full Truck Alliance (NYSE: YMM), a leading digital freight platform in China, published the Industrial Clusters Report of Digital Logistics on December 7, sharing its insights on the evolution of logistics industry from the perspective of digital logistics for the first time.
The report aims to help SMEs discover more business opportunities, as well as provide industry insights on cargo trends to drivers, enabling them to more efficiently take orders and serve consignors.
The report highlights that China’s digital logistics penetration rate has seen double-digit growth annually in recent years, with inland areas witnessing a 27% and more developed coastal regions a 15% growth rate over the past year. Overall, the development of industrial clusters of digital logistics in China features stair-stepped growth patterns, and industry clusters in different provinces show different characteristics.
The report also notes a 4% reduction in the average transportation distance for digital logistics orders nationwide during the past year, while within most industrial clusters, this distance has shortened by up to 10%, signaling faster regional economic integration.
Meanwhile, the report uncovers economic shifts within regions, such as the replacement of eight of the top ten consignors in Qingdao’s top industries, transitioning mostly from agriculture to manufacturing within a year.
At the report release conference held in Beijing, Full Truck Alliance also held panel discussions together with executives and experts from the logistics industry, to explore how to comprehensively improve the efficiency of logistics to benefit the broader society, better serve the logistic needs for various industries and support the development of economy.
At the conference, Wang Yuchen, General Manager of Cold-Chain Logistics at Full Truck Alliance, noted that digitalized methods can better track the fluctuation of supply and demand of cargos and trucks dynamically, better balance the fluctuation, and significantly reduce transportation costs. In addition, with its disintermediation nature, digital logistics platform can reduce repeated price increases in traditional logistics chains, improve the transparency of business operation, and help businesses reduce their comprehensive logistic costs by as much as more than 10%.
"After fully embracing digital logistics, our logistics costs have decreased by 30%, and efficiency has increased by 60%," echoed Jiang Hao, General Manager of Shanghai Yihuang Wood Industry Co., Ltd. "Additionally, our warehousing turnover has improved by 20%, contributing to a 10% cost reduction."
He Zhilin, founder of Guangdong Chuanwei Dongpin, believes that digitalization can effectively improve turnover efficiency and reduce operating costs of logistics. "Chuanwei has started its digital transformation in business management, operation and logistics since 2020. Thanks to the digitalization, Chuanwei’s CAGR for its earnings has grown by 100%, with its revenue reaching a record of 6 billion in 2023."
As industry leaders emphasize, digital logistics platforms are more than just technological advancements; they are a catalyst for cost savings and increased efficiency across various sectors. According to Zhou Zhicheng, director of the research institute of China Federation of Logistics and Purchasing and secretary-general of its Sub Committee of Freight Industry, digital freight platforms are able to explore more industrial use cases, and provide digital tools and solutions to help businesses reduce costs and increase efficiency.
With over a decade of innovation, Full Truck Alliance now services over 300 cities and more than 100,000 logistic routes, links 3.79 million active drivers with over 2 million consignors monthly, and enhances logistics efficiency through intelligent cargo-truck matching and streamlined online transactions. This not only helps businesses reach freight capacities easily and brings SMEs flexible and diverse shipping solutions, but also allows businesses to integrate and manage complex transport resources including trucks and drivers, so as to improve the efficiency of various industries and expand their business operations.
This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network
Veteran leader, Matt Gresge, to serve as the new Chief Executive Officer alongside two new members of the Board of Directors
LOUISVILLE, Ky., Dec. 12, 2023 /PRNewswire/ — SGS & Co ("SGS"), a leading global provider of technology-enabled brand design, digital marketing, and packaging artwork services, announces that its Board of Directors has appointed Matt Gresge as CEO, effective immediately. The decision from the Board comes as part of SGS’s commitment to reinvestment in the business.
Matt has replaced Piyush Chaudhari, who has served as CEO since 2019 and announced earlier this month that he was stepping down to focus his time on new endeavors. This leadership transition is aimed at reinvigorating the business, growth initiatives and strategic service offerings.
As a veteran executive with over 25 years of experience in senior leadership roles, Matt is well-positioned to lead SGS through transformative change. He has deep experience successfully turning around organizations, spearheading growth and creating more profitable businesses with high-performing teams. Most recently, Matt was the Executive Chairman, CEO, and President at Archway Marketing Services.
"I’m thrilled to join the SGS family with its long, rich history of exceptional service and look forward to helping lead the company to new heights. By fostering a culture of innovation, continuing service excellence and spearheading growth through talent development and fresh ideas, I’m committed to guiding SGS into its next phase of success," said Matt Gresge, CEO of SGS & Co.
In addition to Matt, SGS also welcomes two new Board members who will provide strategic oversight of the business and share their unique areas of expertise. Joining SGS’s Board of Directors is Mary Lee Schneider, former President & Chief Executive Officer of SG360°, former President & Chief Executive of Follett Corporation, and former Chief Technology Officer and President, Digital Solutions at RR Donnelley; and Brian Hansberry, former CEO of Nonni’s Foods LLC and current Executive Chairman of the Board for Turkey Hill. Mary Lee and Brian join Greg Delaney, financial leader and currently Operating Partner for AEA Middle Market Private Equity, who joined the Board in April 2023.
The leadership change with Matt at the helm also underscores the company’s commitment to positive transformation that will benefit employees, clients and stakeholders in the near future.
About SGS & Co SGS & Co is a global brand agency comprising nearly 4,800 associates across 30+ countries that deliver speed and quality brand work through technology and teams for our world-class clients. We are comprised of two teams, Marks (Creative) and SGS (Production) to deliver end-to-end in design, digital marketing, graphic services, production, technology, and process optimization. We foster a client-first culture to exceed client expectations and help them win. We are deeply committed to diversity, equity, and inclusion and a more sustainable future.
This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network
STUTTGART, Germany, Dec. 12, 2023 /PRNewswire/ — INTAMSYS, at the forefront of industrial 3D printing innovation, has officially signed a global partnership agreement with WorldSkills International, becoming its first official Global Partner for 3D printers. Now as a WorldSkills Global Industry Partner, INTAMSYS will extend its support to WorldSkills Lyon 2024.
WorldSkills fosters confidence, empowers communities, and contributes to economic growth. Acknowledged as the world championship of skills for its profound impact, WorldSkills Competitions stand as the gold standard of skills excellence.
Over the years, INTAMSYS has been an active partner of WorldSkills in National events, activities, projects and the ongoing development of competitive disciplines. This aligns with INTAMSYS’s dedication to enhancing vocational education and training on a global scale by supplying competition equipment, as well as training and learning solutions.
At the WorldSkills Lyon 2024, INTAMSYS will support the Mechanical Engineering CAD (Skill 05) and Additive Manufacturing (Skill 57) categories. With its portfolio incorporates a broad range of 3D printers, from professional machines to industrial equipment, INTAMSYS is capable of delivering high productivity, making it a valuable and versatile partner.
"We are excited to be the WorldSkills Global Industry Partner," expressed Charles Han, CEO and Founder of INTAMSYS, "Through our technical support and training initiatives, we are committed to bridging the gap between industry practices and vocational education, ensuring that young talents receive adequate training for real-world applications. Our goal is to inspire young people for technology and to strengthen industry and prosperity in society."
Chris Humphries, Chair of WorldSkills stated, "We look forward to benefiting from INTAMSYS cutting-edge expertise and impressive resources and capabilities. You are a world-leader and a pioneer in industrial 3D printing and additive manufacturing. Like our talented competitors, we can see how highly you regard performance, precision and quality."
David Hoey, CEO of WorldSkills International, added, "This partnership comes at a very exciting time. Globally, we are witnessing a rapid growth in the use of 3D printing and additive manufacturing. We can already see how much we will learn from your experience working in multiple sectors, across international markets, and with customers of all sizes and scales."
INTAMSYS’s partnership with WorldSkills International signifies a joint commitment to empowering a broader audience of young professionals with its state-of-the-art 3D printing technology for a bright future.
For more information about INTAMSYS, please visit www.intamsys.com
This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network
HANOI, VIETNAM – Media OutReach Newswire – 12 December 2023 – From December 11 to 14, 2023, the International Festival of Vietnam Rice Industry – Hau Giang 2023 takes place in Vi Thanh city, Hau Giang, featuring a series of events and conferences dedicated to the rice industry, all under the overarching theme ‘Green Rice for Life.’
World Bank Country Director (left) and Minister of Vietnam Agriculture and Rural Development signed the commitments to implement the Program on 1 million ha of high-quality and low-carbon rice in the Mekong Delta during the International Rice Festival.
Cleaner rice for life
The festivities kick off with the opening ceremony of the “Vietnam Rice Road” Exhibition on the morning of December 11.
The rice road, stretching along Xang Xa No Canal and Tran Hung Dao Street, serves as an exhibition space showcasing the thousand-year journey of Vietnamese rice, from its early stages to a period of prosperity and continuous development.
The subsequent program features a demonstration of mechanized sowing and a circular agriculture model from straw. This event takes place at Hamlet 12, Vi Trung commune, Vi Thuy district, Hau Giang province on the morning of December 12, 2023.
In this same location, the festival organizers will launch the implementation of the Project “Sustainable Development of One Million Hectares Specializing in High-Quality Rice Cultivation and Low Emissions, Associated with Green Growth in the Mekong Delta until 2030.”
Vietnam Ministry of Agriculture and Rural Development Minister Le Minh Hoan emphasized that the program “Sustainable Development of One Million Hectares Specializing in High-Quality Rice Cultivation and Low Emissions Associated with Green Growth in the Mekong Delta by the year 2030,” will be implemented. The program aims to establish one million hectares of high-quality, low-emission rice cultivation areas by reorganizing the production system along the value chain and implementing innovative processes. The goal of sustainable farming is to enhance value, promote the sustainable development of the rice industry, boost production and business efficiency, increase the income and quality of life for rice growers, safeguard the environment, adapt to climate change, and reduce greenhouse gas emissions. This initiative aligns with Vietnam’s international commitments.
On December 12, Deputy Prime Minister of Vietnam Tran Luu Quang hosted a courtesy call for Ministers, Deputy Ministers, Ambassadors of countries, and Chief Representatives of international organizations attending the International Festival of Vietnam’s rice industry.
Distinguished guests included the Ministers of Agriculture from Nepal and Venezuela and Deputy Ministers from Cambodia, Indonesia, Laos, Nigeria, the Philippines, and Sierra Leone. Additionally, Ambassadors from Australia, Canada, Denmark, and Singapore were present.
Tran Luu Quang said that rice is a significant part of Vietnam’s traditional and vital production industry, providing livelihoods for tens of millions of farmers nationwide.
Vietnam has achieved remarkable success in rice production in recent years, making a substantial contribution to ensuring national food security and maintaining its position as one of the world’s leading rice exporters, with constant growth in export turnover.
The International Rice Festival provides an opportunity for exchanging information, sharing experiences, and coordinating policies to promote trade and investment in the rice industry, fostering global food security, prosperity, and sustainable development.
World Bank (WB), United Nations Development Programme (UNDP), United States Agency for International Development (USAID), German Corporation for International Cooperation (GIZ), World Economic Forum (WEF), Grow Asia, International Rice Research Institute (IRRI), International Center for Tropical Agriculture (CIAT), International Potato Center (CIP), OneCGIAR, Centre de Coopération Internationale en Recherche Agronomique pour le Développement (CIRAD); SNV, Oxfam, World Wide Fund for Nature (WWF), and International Union for Conservation of Nature (IUCN) will participate in the festival.
Vietnam is committed to sustainable development, climate change response, and fulfilling international responsibilities, and needs assistance from international organizations in implementing the Program to develop 1 million hectares of high-quality, low-emission rice.
The opening program of the International Rice Industry Festival of Vietnam – Hau Giang 2023 commenced at 8:00 p.m. Vietnam time. During the opening ceremony, the Vietnam Prime Minister underscored Vietnam’s rich history as a country with a longstanding wet rice civilization. Rice plants and grains are deeply intertwined with generations of culture, consistently nurtured, cherished, and developed by the Vietnamese.
The Prime Minister reflected, “From a country that struggled to feed its population and had to import millions of tons of food, Vietnam now exports over 6 million tons of rice annually, solidifying its position as one of the world’s leading rice-exporting nations.”
Emphasizing prospects, the Vietnam Prime Minister expressed hope that with the implementation of the project to develop one million hectares of high-quality, low-emission rice, Vietnam’s rice industry will ascend to new heights of sustainability and efficiency.
“The journey of specializing in high-quality, low-emission rice cultivation, associated with green growth, is a determined and persistent path for Vietnam. Tomorrow starts from today. The collaborative effort aims to cultivate green rice for a beautiful future, fostering a cleaner rice industry and contributing to a greener Earth.” he said.
In the Mekong Delta, an expansive, specialized rice-growing area is set to take shape, incorporating the advancements of the Fourth Industrial Revolution. This initiative aims to be highly efficient and environmentally friendly and contribute to the global net-zero goal. Considered a novel and groundbreaking direction, this approach seeks to boost the income of rice growers, enhance quality and efficiency, and establish a green brand for Vietnamese rice.
Four major workshops
This year, the festival encompasses four major conferences. The first is the Vietnam-Africa Policy Dialogue Workshop: South-South Cooperation for Food System Transformation, scheduled for the afternoon of December 12. This workshop is a significant component of the International Festival of Vietnam Rice Industry – Hau Giang 2023.
The Workshop aims to foster dialogue regarding the scale, methods, and effectiveness of technical cooperation between Vietnam and several African countries. The focus is on sharing experiences related to South-South cooperation in rice trade development, connecting agricultural food value chains, and addressing global food security.
On the morning of December 13, two parallel workshops will unfold: the International Workshop on Science, Technology, and Innovation in Rice and the Global Rice Market and Trends Workshop.
The Vietnam Rice Value Chain Development Workshop will concentrate on the development direction of Vietnam’s rice industry up to 2030 and the Sustainable Development Project of 1 million hectares specializing in high-quality rice cultivation with low emissions associated with green growth in the Mekong Delta until 2030.
Simultaneously, the Conference on Global Rice Market and Future Trends will delve into the global rice market situation and anticipated trends in the future and recommend suitable solutions to ensure the sustainable development of the rice industry.
The fourth and final conference of the Festival is the International Conference on Science, Technology, and Innovation on Rice. The conference aims to facilitate the sharing of information, scientific research results, innovations, and technology transfers in rice, both in Vietnam and globally, encompassing various crucial issues.
These include optimal farming systems to adapt and mitigate climate change, development of new varieties resistant to pests, drought, and salinity, improvements in productivity and quality, low emissions, and responsiveness to market demands. Additionally, advanced farming processes that adapt to climate change, reduce greenhouse gas emissions, and minimize input materials will be discussed and explored.
Moreover, the workshops include presentations on mechanization in production, emphasizing a synchronous approach that aligns with the value chain. The discussions will cover strategies to minimize losses during harvest and post-harvest stages, technologies for creating value-added products from rice, using straw by-products, input products, and circular agriculture methods that enhance value, sustainability, and the production of environmentally friendly goods.
An additional objective of these workshops is to foster the widespread adoption of technological solutions across the rice production chain. This initiative aims to significantly contribute to achieving the objectives of green, sustainable development, low emissions, and increased income for farmers – the ultimate goal of the agricultural industry.
The concluding events of the International Festival of Vietnam Rice Industry – Hau Giang 2023 include the outdoor Gala dinner held on the evening of December 13.
3 National Records
Three Vietnamese records are set to be established at the International Festival of Vietnam Rice Industry – Hau Giang 2023, from December 11 to 14, 2023.
The exhibition Space and Rice Road Installation will set a record for the “Longest Journey of Vietnamese Rice”; the Vietnam Map Model assembled from the most specialty rice varieties of various provinces and cities; and the Event of Processing and Performing the Most Cakes will involve making 200 dishes from rice and sticky rice in Vietnam.
Series of events and main content of the International Festival of Vietnam Rice Industry – Hau Giang 2023:
No.
Time
Event
Location
1
9:00 December 1, 2023
Press conference to announce the International Festival of Vietnam Rice Industry – Hau Giang 2023
Ho Chi Minh City
2
20:00 December 12, 2023
Opening ceremony of the International Festival of Vietnam Rice Industry – Hau Giang 2023, broadcast live on VTV1
Hoa Binh Square, Ward V, Vi Thanh City
3
December 11, 2023 – December 14, 2023
Vietnam Rice Road Exhibition Area
Xa No canal embankment
Exhibition area of socio-economic achievements and OCOP products of provinces and cities nationwide
Thong Nhat Street, Provincial People’s Committee Administrative Area
Rice industry value chain exhibition area
Xo Viet Nghe Tinh Street, Provincial People’s Committee Administrative Area
Exhibition area of socio-economic achievements and Hau Giang products
Hoa Binh Street, Provincial People’s Committee Administrative Area
4
8:00 December 12, 2023
Exhibition area of socio-economic achievements and Hau Giang and Launching the implementation of the Project “Sustainable development of one million hectares specializing in high-quality rice cultivation and low emissions associated with green growth in the Mekong Delta until 2030.”
Hamlet 12, Vi Trung commune, Vi Thuy district, Hau Giang province
5
14:00 December 12, 2023
Vietnam-Africa policy dialogue: South-South cooperation for food system transformation
Hall 1, Hau Giang Provincial Convention Center
6
8:00 December 13, 2023
Developing the responsible and sustainable Vietnam rice Value chain workshop
Hall 1, Hau Giang Provincial Convention Center
7
8:00 December 13, 2023
Global rice market and trends workshop
Hall 2, Hau Giang Provincial Convention Center
8
14:00 December 13, 2023
International workshop on science, technology and innovation in rice
Hall 1, Hau Giang Provincial Convention Center
9
15:00 December 13, 2023
Record-setting organization
Festival food court
10
19:00 – 22:00, December 13, 2023
Gala dinner
Festival food court
The issuer is solely responsible for the content of this announcement.
This content was prepared by Media OutReach. The opinions expressed in this article are the author's own and do not reflect the view of Siam News Network.
DHAHRAN, Saudi Arabia, Dec. 13, 2023 /PRNewswire/ — Aramco, one of the world’s leading integrated energy and chemicals companies, today signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd. ("GO").
GO, a diversified downstream fuels, lubricants and convenience stores operator, is one of the largest retail and storage companies in Pakistan. The transaction is subject to certain customary conditions, including regulatory approvals.
The planned acquisition is Aramco’s first entry into the Pakistani fuels retail market, advancing the Company’s strategy to strengthen its downstream value chain internationally.
This transaction would enable Aramco to secure additional outlets for its refined products and further provide new market opportunities for Valvoline-branded lubricants, following Aramco’s acquisition of the Valvoline Inc. global products business in February 2023.
Mohammed Y. Al Qahtani, Aramco Downstream President, said: "Our second planned retail acquisition this year aligns with Aramco’s downstream expansion strategy, with a clear path ahead for growing an integrated refining, marketing, lubricants, trading and chemicals portfolio worldwide. GO has a significant storage capacity, high-quality assets and growth potential, which will help launch the Aramco brand in Pakistan."
About Aramco
Aramco is a global integrated energy and chemicals company. We are driven by our core belief that energy is opportunity. From producing approximately one in every eight barrels of the world’s oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do. We focus on making our resources more dependable, more sustainable and more useful. This helps promote stability and long-term growth around the world. www.aramco.com
Disclaimer
The press release contains forward-looking statements. All statements other than statements relating to historical or current facts included in the press release are forward-looking statements. Forward-looking statements give the Company’s current expectations and projections relating to its capital expenditures and investments, major projects, upstream and downstream performance, including relative to peers. These statements may include, without limitation, any statements preceded by, followed by or including words such as "target," "believe," "expect," "aim," "intend," "may," "anticipate," "estimate," "plan," "project," "can have," "likely," "should," "could," and other words and terms of similar meaning or the negative thereof. Such forward looking statements involve known and unknown risks, uncertainties and other important factors beyond the Company’s control that could cause the Company’s actual results, performance or achievements to be materially different from the expected results, performance, or achievements expressed or implied by such forward looking statements, including the following factors: international crude oil supply and demand and the price at which it sells crude oil; the impact of pandemics or infectious diseases on business and economic conditions and on supply and demand for crude oil, gas and refined and petrochemical products; competitive pressure; climate change concerns and impacts; weather; cyclicity of gas, oil, refining and petrochemical sectors; terrorism and armed conflict; adverse economic or political developments; operational risks and hazards in the oil and gas, refining and petrochemicals industries; any significant deviation or changes in existing economic and operating conditions that could affect the estimated quantity and value of the Company’s proved reserves; losses from risks related to insufficient insurance; the Company’s ability to deliver on current and future projects; comparability amongst periods; the Company’s ability to realize benefits from recent and future acquisitions, including with respect to SABIC; risks related to operating in several countries; the Company’s dependence on its senior management and key personnel; the reliability and security of the Company’s IT systems; litigation to which the Company is or may be subject; risks related to oil, gas, environmental, health and safety and other regulations that impact the industries in which the Company operates; risks related to international operations, including sanctions and trade restrictions, anti-bribery and anti-corruption laws and other laws and regulations; risks stemming from requirements to obtain, maintain, and renew governmental licenses, permits, and approvals; risks stemming from existing and potential laws, regulations, and other requirements or expectations relating to environmental protection, health and safety laws and regulations, and sale and use of chemicals and plastics; potential changes in equalization compensation received in connection with domestic sales of hydrocarbons; potential impact on tax rates if the Company does not separate its downstream business in a timeframe set by the Government of Saudi Arabia; risks related to Government-directed projects and other Government requirements, including those related to Government-set maximum level of crude oil production and target Maximum Sustainable Capacity (MSC); as well as the importance of the hydrocarbon industry to the Government; political and social instability and unrest and actual or potential armed conflicts in the regions in which the Company operates and other areas; interest and exchange rate fluctuations; risks arising should the Government eliminate or change the pegging of SAR to the U.S. dollar; and other risks and uncertainties that could cause actual results to differ from the forward looking statements in this press release, as set forth in the Company’s latest periodic reports filed with the Saudi Stock Exchange. For additional information on the potential risks and uncertainties that could cause actual results to differ from the results predicted please see the Company’s latest periodic reports filed with the Saudi Stock Exchange. Such forward-looking statements are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which it will operate in the future. The information contained in the press release, including but not limited to forward-looking statements, applies only as of the date of this press release and is not intended to give any assurances as to future results. The Company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to the press release, including any financial data or forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law or regulation. No person should construe the press release as financial, tax or investment advice. Undue reliance should not be placed on the forward–looking statements.
This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network
TAIPEI, Dec. 12, 2023 /PRNewswire/ — Infortrend® Technology, Inc. (TWSE: 2495), the industry-leading enterprise storage provider, is celebrating its 30th anniversary of successfully delivering high-performance, reliable, scalable, and environmentally responsible data storage solutions to enterprises across the globe.
Since its founding in 1993, Infortrend has been developing and manufacturing enterprise storage solutions designed to empower businesses of all sizes to transform how they operate, innovate, and compete. The company provides a range of high-performance, reliable, and easy-to-use storage families, including EonStor GS scale-out unified storage, EonStor DS SAN solution, and EonStor CS scale-out NAS. Overall, Infortrend has deployed over 1 million redundant rack-mounted systems in more than 100 countries.
Over the years, Infortrend has had a journey marked by significant achievements and innovations. Among the recent milestones, the launch of EonStor GS U.2 NVMe hybrid flash unified storage series, EonStor GS G3 – the latest generation of the well-received SAS HDD unified storage series, and solutions featuring 100GbE connectivity stand out. Moreover, Infortrend is actively pursuing a comprehensive ESG (Environmental, Social, and Governance) strategy and established the Sustainable Development Department. Infortrend’s energy-efficient storage products are developed in compliance with ecodesign standards, showcasing the company’s dedication to sustainability.
"This anniversary marks a significant milestone, reflecting our unwavering commitment to product innovation and customer satisfaction, which led us to the forefront of delivering cutting-edge storage and server solutions to enterprises. Our storage solutions find extensive use in the Media and Entertainment industry, High Performance Computing, backup, virtualization, and database applications. We express our deep gratitude to our partners and customers for our success," said Frank Lee, Senior Director of Product Planning at Infortrend Technology.
Infortrend (TWSE: 2495) has been developing and manufacturing storage solutions since 1993. With a strong emphasis on in-house design, testing, and manufacturing, Infortrend storage delivers performance and scalability with the latest standards, user friendly data services, personal after-sales support, and unrivaled value. For more information, please visit www.infortrend.com
Infortrend® and EonStor® are trademarks or registered trademarks of Infortrend Technology, Inc.; other trademarks are the property of their respective owners.
This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network
SEONGNAM, South Korea, Dec. 13, 2023 /PRNewswire/ — SNOW Corporation (Founder and CEO Kim Chang-wook) announced that it has introduced the ‘AI Christmas’ feature through the AI photo editing app EPIK, which allows users to receive Christmas-themed images based on their input selfie images through generative AI technology.
This service was launched as an extension of the ‘AI Yearbook’, which became a global craze after its first release in September. It is reported that about 30,000 global users have used AI Christmas within a week of its release.
Just like AI Yearbook, users can receive 30 American-style Christmas photos by uploading 8-12 selfies they took themselves. It is currently being sold for $4.99, and EPIK subscribers can use it for $3.99.
‘AI Christmas’ images generated by EPIK
‘AI Christmas’ images generated by EPIK
How to Use AI Christmas
To use AI Christmas, simply open the EPIK app and select the "AI Christmas" tab. Then, upload 8-12 selfies of yourself. Once your selfies have been uploaded, AI Christmas will generate 30 different Christmas-themed photos for you. You can then save your favorite photos to your device or share them on social media.
SNOW’s CEO Kim Chang-wook said, "I’m excited that the millions of EPIK users who have seen incredible results by merging generative AI with their photos can now make the most of the Christmas season with this new feature. I’m committed to expanding EPIK as a platform to capture those extra special moments in our daily lives and to make exploring new technologies feel even more natural."
Meanwhile, just like AI Yearbook, the images uploaded by users are all deleted from the server as soon as the results are generated, and are not used for training the generative AI engine.
This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network
