HANGZHOU, China, Dec. 1, 2023 /PRNewswire/ — Nano Labs Ltd (Nasdaq: NA) ("we," "the Company," or "Nano Labs"), a leading fabless integrated circuit design company and product solution provider in China, announced today the results of the Company’s 2023 Annual General Meeting of Shareholders ("2023 AGM") held on December 1, 2023, at 10:00 a.m. China Standard Time in Beijing, China. The proposal submitted for shareholder approval at the 2023 AGM has been approved. Specifically, the shareholders have passed resolution approving the ratification of the appointment of MaloneBailey, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023.

About Nano Labs Ltd

Nano Labs Ltd is a leading fabless integrated circuit ("IC") design company and product solution provider in China. Nano Labs is committed to the development of high throughput computing ("HTC") chips, high performance computing ("HPC") chips, distributed computing and storage solutions, smart network interface cards ("NICs") vision computing chips and distributed rendering. Nano Labs has built a comprehensive flow processing unit ("FPU") architecture which offers solution that integrates the features of both HTC and HPC. Nano Lab’s Cuckoo series are one of the first near-memory HTC chips available in the market with a maximum bandwidth of approximately 2.27 Tbps, as well as one of the first movers of the ASIC-based Grin mining market *. For more information, please visit the Company’s website at: https://ir.nano.cn/.

*According to an industry report prepared by Frost & Sullivan.

For investor inquiries, please contact:

Nano Labs Ltd
[email protected] 

Ascent Investor Relations LLC
Ms. Tina Xiao
Tel: +1-646-932-7242
Email: [email protected] 

Source : Nano Labs Announces Results of Annual General Meeting of Shareholders

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SOUTH SAN FRANCISCO, Calif., Dec. 1, 2023 /PRNewswire/ — 280Bio, Inc., a clinical stage biotechnology company focused on the development of precision oncology medicines, today announced that the first patient was treated with TEB-17231 (YL-17231), a small molecule inhibitor of RAS signaling. 280Bio is a wholly owned subsidiary of Shanghai Yingli Pharmaceuticals, Inc. (Yingli Pharma) of Shanghai, China.  KRAS, NRAS and HRAS genes are frequently mutated in many tumor indications causally associated with promoting tumor cell growth. TEB-17231 demonstrated potent inhibition of tumor cell proliferation in vitro and in vivo in preclinical research, exhibiting activity with different KRAS, NRAS and HRAS alterations, including tumors that have become resistant to KRAS G12C inhibitors.

"We are gratified that the first patient has been dosed with our novel pan-RAS inhibitor, marking a major step in TEB-17231’s clinical development, and introducing new medicines for the patients we hope to serve." said Michael Hui, Chief Executive Officer of 280Bio Inc., "This milestone highlights our commitment to addressing unmet needs in cancers through precision oncology approaches. We look forward to continued enrollment and dosing of patients in this trial."

This first US patient was enrolled at The University of Texas MD Anderson Cancer Center, Houston, Texas, by David Hong, MD, Deputy Chair of Investigational Cancer Therapeutics and lead investigator on the trial.

Reflecting on the high unmet need for new cancer agents, Dr. Zusheng Xu, Head of Research and Development of Yingli Pharma, said "TEB-17231 was developed to have a broader activity against the oncogenic RAS signaling pathways, than is currently demonstrated for many of the KRAS inhibitors. With its excellent pharmacologic and in vivo anti-tumor properties, we are hopeful that TEB-17231 will also be determined to be safe and efficacious by continuous oral dosing in patients."

About 280Bio

280Bio, headquartered in the San Francisco Bay Area, is developing innovative precision small molecule inhibitors for the treatment of cancer. 280Bio is a wholly owned subsidiary of Shanghai Yingli Pharmaceutical Co., Ltd., Shanghai, China (Yingli Pharma), with an oncology pipeline that is leveraging the strong medicinal chemistry and pharmacology capabilities of the company. 280Bio focuses on oral agents directed against frequently mutated genetic changes and well-validated genetic instability features of many cancers. TEB-17231 is part of a strategic collaboration of 280Bio with The University of Texas MD Anderson Cancer Center, where further preclinical research of the investigational drug is continuing. The collaboration also is currently advancing clinical development in the U.S./E.U. of two other drugs, linpersilib (PI3Kδ inhibitor from Yingli Pharma, approved in China in 2022) in a T-cell lymphoma Phase 2 trial, and YL-13027 (TGFβR1 inhibitor from Yingli Pharma) in a Phase 1 dose escalation study.

Source : 280Bio doses first patient in Phase I clinical trial of TEB-17231, an oral pan-RAS inhibitor in patients with advanced cancers harboring mutations in KRAS, HRAS, or NRAS

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CHENGDU, China, Dec. 1, 2023 /PRNewswire/ — Antelope Enterprise Holdings Limited (NASDAQ Capital Market: AEHL) ("Antelope Enterprise" or the "Company"), which operates KylinCloud, a livestreaming ecommerce business in China with access to 400,000+ hosts and influencers, announced today that it has made changes to its Board of Directors. Effective December 1, 2023, its Board of Directors has appointed Mr. Junjie Dong as an executive director of the Company’s Board of Directors. Also, effective December 15, 2023, Mr. Boyu Zhang, an executive director of the Company’s Board, will resign from the Board.

"We welcome Mr. Dong to our Board and are confident that he will make a positive contribution to the Company," said Chairman and CEO Will Zhang of Antelope Enterprise. "We thank Mr. Zhang for his contributions to the Company and we wish him the best of success in all of his future endeavors."

Mr. Junjie Dong is currently the Chief Technology Officer of Antelope Holdings (Chengdu) Co., Ltd., a wholly owned subsidiary of the Company that is engaged in computer consulting and software development. Mr. Dong is responsible for its strategic direction and overseeing its technological advancements, and he has held this position since July 2023. From February 2018 to July 2023, Mr. Dong was the Chief Executive Officer ("CEO") of Shenzhen Hongtaiju Technology Development Co., Ltd., an information technology company, where he was mainly responsible for the company’s strategic planning and operational management. From August 2015 to December 2018, Mr. Dong was CEO of Shenzhen Weidai Yingxing Financial Services Co., Ltd, a company that provides financial services. From May 2013 to July 2015, he was the CEO of Shenzhen Hongtaiju Investment Consulting Co., Ltd., a company that provides financial services. Mr. Dong attended Hainan Vocational College of Science and Technology from March 2015 to December 2018, and received the junior college degree. 

In addition, effective December 15, 2023, Mr. Boyu Zhang, an executive director of the Company’s Board, will tender his resignation. Mr. Zhang’s resignation was for personal reasons and not due to any disagreements with the Company on any matter related to the operations, policies or practices of the Company.

About Antelope Enterprise Holdings Limited

Antelope Enterprise Holdings Limited holds a 51% ownership position in Hainan Kylin Cloud Services Technology Co., Ltd ("Kylin Cloud"), which operates a livestreaming ecommerce business in China with access to 400,000+ hosts and influencers. For more information, please visit our website at http://www.aehl-kylin.com/, or follow the Company on Twitter at https://twitter.com/aehl_ltd. To receive the Company’s public announcements, please email [email protected].

Safe Harbor Statement

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this press release include, without limitation, the continued stable macroeconomic environment in the PRC, the PRC technology sectors continuing to exhibit sound long-term fundamentals, and our ability to continue to grow our business management, information system consulting, and livestreaming ecommerce business. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2021 and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Source : Antelope Enterprise Announces Changes to its Board of Directors

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Be a brave first responder and save your loved ones’ lives.

HONG KONG, Dec. 1, 2023 /PRNewswire/ — SADS HK Foundation (SADS HK) has commissioned the Department of Rehabilitation Sciences of The Hong Kong Polytechnic University (PolyU) to conduct research on the "Out-of-Hospital Cardiac Arrest (OHCA) Survival Rate for Individuals Aged 40 or Below", in collaboration with the Hong Kong Fire Services Department. Based on nearly 30,000 OHCA cases from January 2020 to May 2023, the research team analyzed the incidence, locations, and public utilization of cardiopulmonary resuscitation (CPR) and automated external defibrillator (AED) for individuals aged 40 or below. The aim is to comprehensively identify factors that can improve the survival rate of this specific group, contributing to the formulation of relevant public cardiac health strategies in Hong Kong.

3 cases of young OHCA occurring at home every week

The PolyU research team analyzed 29,985 OHCA cases in Hong Kong from January 2020 to May 2023 and found 1,395 cases of OHCA in individuals aged 40 or below. Dr. Richard Xu, Assistant Professor of the Department of Rehabilitation Sciences of PolyU, stated, "The study found that OHCA cases in individuals aged 40 or below accounted for 4.65% of the total, which reflected an increase in this group compared to similar studies conducted between 2017 and 2020."

It was generally believed that OHCA cases mostly occurred in public places, such as sports grounds. However, Prof. Amy Fu, Peter Hung Professor in Pain Management, Associate Head and Professor of the Department of Rehabilitation Sciences of PolyU, stated, "The study found that nearly half of the young OHCA cases occur at home, with an average of 3 cases every week." Prof. Amy Fu added, "Among these cases, the survival rate of those admitted to the hospital and aged 40 or below was only 9.3%, with less than 40% of them receiving CPR before admission, and less than 10% receiving AED." There is only a short time window to save OHCA individuals, and the survival rate significantly decreases with time.

Improving AED availability and encouraging public participation in Cardiac Arrest First Aid

Performing CPR or delivering an AED shock to individuals experiencing OHCA can significantly increase the overall success rate of cardiac arrest resuscitation. However, according to a subsequent survey conducted by the research team, about 70% of respondents who had completed CPR and AED training were not necessarily inclined to perform AED first aid in emergency situations. The main reason cited was the perceived shortage of AED. Increasing the number of AED and enhancing public awareness and knowledge of AED locations would be able to encourage citizens to engage in AED first aid.

Three essential points to improve survival rates

Dr. Siu Yuet-chung, Axel, Specialist in Emergency Medicine and Advisory Member of SADS HK, expressed concern about the limited public awareness of CPR and AED in Hong Kong compared to other developed countries or regions. For example, in Shenzhen, the ratio of AED to the population is 1 : 405, while in Hong Kong, the ratio is only 1 : 1,498, which is significantly lower than that of Shenzhen. After an OHCA occurs, the golden window for saving a’s life is only five minutes. For every minute of delay in receiving treatment, the survival rate decreases by 7-10%. Immediate first aid is crucial for improving survival rates.

To enhance OHCA survival rates, Dr. Siu proposed three essential recommendations. First, he suggested popularizing and diversifying cardiac arrest first aid education, extending the training to primary schools to cultivate public awareness of first aid from an early age, and moving towards universal first aid proficiency. Second, he recommended increasing access to AED for those in need, emphasizing the acquisition of AED in residential areas. Third, he advocated for the integration of technology to enhance the chances of patient recovery, encouraging the use of innovative technologies and big data to assist the public in performing first aid.

Additionally, Dr. Siu encouraged institutions and residential complexes with installed AED to participate in the "AED Anywhere for Anyone" Programme initiated by the Hong Kong Fire Services Department. This programme ensures that citizens can easily find the locations of publicly accessible AED across Hong Kong.

SADS patient calls for early diagnosis to prevent OHCA

Yin, a Sudden Arrhythmia Death Syndromes (SADS) patient who has experienced OHCA, shared her story: "I was going to work as usual. While I was about to answer a phone call from my colleague, I suddenly collapsed and lost consciousness." At that time, Yin was unaware that she was a "Long QT Syndrome" patient, a particular type of SADS. Unaware of her SADS condition, she took medication that triggered the arrhythmia problem, leading to cardiac arrest. Now, she knows to avoid using drugs that prolong the QT interval and refers to the "drug to avoid list" provided on the SADS HK’s website.

During her hospital stay, Yin experienced numerous critical situations throughout the day, such as over 20 times of cardiac arrests. Fortunately, she was resuscitated with the use of AED shocks. She said, "I can’t imagine if these 20 incidents had occurred at home without anyone using an AED on me. I might not be sitting here today sharing my story with everyone." She hopes that the public will be aware of the locations of AED in residential areas and communities, and encourages CPR and AED training to provide an additional layer of protection for the people around them.

Since SADS is a genetic issue, Yin expressed concern about her family’s situation. "Some of my family members have been diagnosed with SADS condition, but luckily with low risk. It relieved my worries." She hopes that the public will not hesitate to seek medical advice. If they discover that their family members have SADS, they should undergo early diagnosis and understand their own conditions to prevent OHCA from occurring.

SADS HK Foundation promotes understanding of cardiac warning signs

There are many causes of OHCA, and sudden cardiac death can occur in seemingly healthy young individuals who have not been diagnosed, with Sudden Arrhythmia Death Syndromes (SADS) as one possible cause. Prevention is better than cure. SADS HK has established the "SADS Clinical Subsidy" program and the "SADS Genetic Testing Subsidy" program to provide subsidies for immediate family members of patients who have suffered sudden cardiac death due to SADS or unknown causes. They can undergo their first specialized cardiology clinical examination and genetic testing related to SADS, encouraging early testing for family members to reduce cases of sudden death due to SADS. SADS HK urges the public to pay attention to cardiac warning signs and understand their family medical history. If they experience any cardiac warning signs, seeking prompt assistance from a specialized cardiologist can reduce the risk.

Source : The highest incidence of OHCA is at home, with 3 cases of young OHCA occurring at home every week.

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SHANGHAI, Dec. 1, 2023 /PRNewswire/ — From December 5th to 6th, 2023 World Top-Performing Incubator Forum will be held in Lingang, Shanghai. With the theme of "Innovation Incubates the Future", the forum will gather more than 100 representatives from international top-tier incubators, and investment institutions, as well as industry experts, leading experts in science and technology projects, and innovative leading talents to jointly discuss the upgrading and development strategies of global incubators, explore the cutting-edge trends of science and technology, inspire the power of innovation, and join hands to create a new pattern of innovation incubation in the future.

Professional: Diversification and integration to promote high-quality technology to drive the future

World Top-Performing Incubator Forum will focus on the goal of developing Shanghai into an international science and technology innovation center and building Lingang New Area into a growth highland for scientific innovation enterprises, take the construction of high-quality incubators as the guide, connect the world’s top scientific innovation resources, cultivate strong technology-based enterprises and develop future industries. The forum covers five activities: visit, thematic forum, roundtable discussion, matchmaking for cooperation, and interactive exhibition. The "1+1+1+1+3" series of activities cover the whole link of services available to incubate technological innovation enterprises, including the opening ceremony of the "2023 World Top-Performing Incubator Forum", Seminar on Innovation Model for Global Incubators, Exhibition for International Incubator Innovation Models, and the group visit to high-quality incubators as well as three sub-forums on "New Model for Advanced Incubation", "Capital Empowers Incubation for Life Science Industry" and "Innovation Incubation and Investment by Large Enterprises", meanwhile, we will promote all-round, multi-level, and comprehensive synergy for international innovation and organize a grand meeting to discuss cutting-edge scientific and technological development, international cooperation mode, and super incubation platform.

This forum will bring together the world’s top intellectual resources for scientific innovation and incubation. Xu Tian, Vice President and Professor of Genetics from Westlake University, Mohamad Sawan, Fellow of Canadian Academy of Engineering, Chair Professor of Westlake University, IEEE Fellow, Hanson Gifford, Managing Partner of The Foundry, Frederico Lourenco, Vice President of Portfolio Strategy and Operation from Flagship Pioneering, and other industry pioneers will deliver keynote speeches to talk about the forefront of technological innovation at home and abroad, high-quality scientific innovation ecosystem, training of incubation talents and integration of resource factors, acceleration of the application of cutting-edge achievements, cultivation of future industries, and help Shanghai build a science and technology innovation center with global influence.

Global: Open up frontiers of collaborative innovation chains for new convergence

The 2023 World Top-Performing Incubator Forum will be held to share Shanghai’s experience and achievements in the rapid development of incubators as China’s science and technology innovation center. At the same time, many international incubators entering China for the first time will bring more international experience to Shanghai. Start-Up Chile, known for its innovative incubation projects and multinational vision, has successfully nurtured an internationally competitive entrepreneurial team by providing financial support, customized mentorship, and industry resources. The Foundry, the UK’s top incubator, has accumulated a large number of successful cases in the commercial transformation of technology research findings…Several international incubators will share their insights in Shanghai for the first time. The experience of ITU ARI Teknokent and Bilgiyi Ticarilestirme Merkezi, the Turkish incubators, in scientific and technological innovation, industrial connection, and internationalization is worth learning from. More representatives of international incubators from the United States, Europe, South America, and Asia will also share their in-depth experience in innovation models, development of innovation vehicles, technological applications, and industry frontiers, bringing about the brainstorming of incubation ideas at all levels in various industries.

Lingang, a port by the sea for sailing afar.

As one of the hosts of this forum, Lingang New Area is playing the leading role in scientific and technological innovation and industrial development. Its establishment and vigorous development demonstrate China’s comprehensively expanded in-depth and successful reform and opening-up practices, as well as China’s determination and achievements in opening up to the world.

Globally, with the rapid development of artificial intelligence, quantum computing, biotechnology, and other industries, high-quality incubation in cutting-edge science and technology fields has become increasingly important. Incubators begin to attach more importance to innovation in frontier technologies. Through the 2023 World Top-Performing Incubator Forum, Shanghai will continue to connect global innovation incubation resources in the future and broaden more prospects for international scientific and technological innovation collaboration.

We look forward to joining hands with you for a splendid and ambitious dream and witnessing a new milestone for the transformation of global technology incubation.

Link for official forum website and registration: 2023wtiforum.linker2.com/#/index

Source : Integrating Global Wisdom with a Blueprint for Scientific Innovation Incubation 2023 World Top-Performing Incubator Forum invites you for a journey together.

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SUPCON Celebrates 30th Anniversary

HANGZHOU, China, Dec. 1, 2023 /PRNewswire/ — November 23rd, SUPCON (688777.SH, SUPCON.SW) held the 30th Anniversary celebration event themed "Embracing the New Horizon, Towards the Shared Future" at the Hangzhou Olympic Sports Center. The event witnessed the gathering of over 6,000 SUPCON group members sharing the joy of three decades of remarkable achievements. More than 100,000 global spectators participated in the online livestream.

The opening ceremony featured Congratulatory Speeches from distinguished guests, including Mr. Gao Chong, Deputy District Mayor of Binjiang High-tech District in Hangzhou, Mr. Wang Zizong, Vice Chief Engineer and General Manager of Information and Digital Transformation Management Department at SINOPEC, and Mr. Gu Jiandang, General Manager of Phoenix Contact China. Founder of SUPCON, Mr. Chu Jian, delivered the keynote speech titled "Moving Forward, Achieving Excellence", extending gratitude to all friends who have supported SUPCON over the 30 years. "Looking ahead, the future is full of uncertainty," he said, "however, I hope SUPCON would make certain to persist in five key aspects: Create value for customers and society. Do the right and tough things. Stay focused and be reliable. Keep passionate and pursuit excellence. Maintain open and foster cooperation ecosystem."

The following program unfolded in three chapters: "Crossing Mountains and Seas", "Embracing High in Clouds" and "Dancing with the Stars", each corresponding to the momentous stages of SUPCON’s development. SUPCON’s growth mirrors the rapid ascent of Chinese industry and urbanization. Beginning 30 years ago, SUPCON aligned the company vision "make industry smarter, make life easier" with the national initiative to enhance industrial capabilities, and started the journey from small-to-medium-sized chemical projects to MAC projects for million-ton-ethylene plant and ten-million-ton refinery complexes, smart city megaprojects and national strategic projects. Today, SUPCON stands as a public and global entity, continuously embracing new challenges alongside industrial partners and nearly 30,000 process industry clients. The celebration featured a ceremony where representatives from prominent partners stamped the mark of SUPCON’s 30th Anniversary, symbolizing the opening of SUPCON’s next chapter towards a better shared future with global partners.

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Following the celebration on the 23rd, the IMPACTS Industry Conference & Exhibition themed "Intelligent, Green, Safe" was successfully held on November 24th under the guidance and support of the Economy and Information Technology Department of Zhejiang, the Department of Commerce of Zhejiang, Hangzhou Municipal government and relevant bureaus.

Mr. Zhang Dengfeng, Secretary of the Party Committee of Binjiang High-tech District and Mr. Li Min, Deputy Director of the Economy and Information Technology Department of Zhejiang delivered opening speeches, extending congratulations and expressing high expectations for SUPCON to seize the opportunities presented by the digital economy development, and contribute to achieving technological self-sufficiency and deepening digital transformation of the national manufacturing industry.

At the plenary session themed "Sustainable High-Quality Development in the Digital Era", Mr. Li Peigen, Academician of the Chinese Academy of Engineering and Professor at Huazhong University of Science and Technology delivered a report titled "Surpass the Advanced with AI Assistance". He emphasized the huge potential of applying generative AI in design, where AI will play a leading role, with only essential human guidance. He believes this shift is expected to bring more sense of order and optimization chances to manufacturing activities.

Mr. Qian Feng, Academician of the Chinese Academy of Engineering and Professor at East China University of Science and Technology delivered a report titled "Integration of Digital Reality to Facilitate Digital Transformation of Traditional Raw Materials Industry". He highlighted the significance of production chain, supply chain and value chain enhancing synergy with intelligent applications, involving AI decision-making assistance, autonomous operation, smart HSE management, etc. This will contribute to achieving green, low-carbon, high-quality and resources & energy effective production.

Mr. Bob Gill, General Manager of ARC Advisory Group Southeast Asia, delivered a speech under the title "Digital Transformation Trends in the Process Industries". He highlighted the significance of digital technologies in terms of building new business models and new capabilities, pointing out that the modern control systems can be enablers of the digital transformation. We should take the advantages of emerging technologies from both IT and OT, increase agility, flexibility and resilience to retain a competitive advantage.

Mr. George Cui Shan, Chairman and CEO of SUPCON Technology, presented the keynote speech "Exploration & Practice of Intelligent Plant in Process Industries". He emphasized the necessity of traditional enterprises to enhance automation, digitization and intelligent transformation, and introduced SUPCON "1+2+N" Smart Enterprise Architecture, representing 1 plant operating system, 2 automation (process automation and business automation), and N industrial Apps. The plant operating system serves as the "data base", integrating with the intelligent Operation Management & Control system (OMC) as the "control base," the Advanced Process Engineering eXpert (APEX) as the "model base," and Perception of all Readable Instruments, Devices and Equipment (PRIDE) as the "perception base", the plant wide interconnection is set. All assets and all data become one piece like the skin and the nerves system of the enterprise, enabling the production process and business operation to be measurable, controllable and predictable.

The whitepaper titled "Insights into Future Plant Trends in Process Industries" jointly authored by the China Institute of Electronic Technology Standardization, Petro-Cyber Works Information Technology and SUPCON Technology, was officially released at the conference. It is to address the core concerns of the process industries such as oil & gas, petrochemicals, chemical, power, non-ferrous metals, iron & steel, food & beverage, pharmaceuticals, etc. The whitepaper combs through the priorities and painpoints, summarizes typical approaches and practical implementation paths, provides insights into the evolving trends of future plant, and systematically outlines the implementation elements of Intelligent Plant Process Automation (PA)+Business Automation (BA).

At the following panel discussion themed "Integrating Digital Technologies in Traditional Industries, Advancing Together in the New Era", influential figures including Mr. Zhu Sendi, Emeritus Director of Expert Committee of the China Machinery Industry Federation, Mr. Pang Guanglian, Vice Secretary General of the China Petroleum and Chemical Industry Federation, Mr. Wang Zizong, Vice Chief Engineer and General Manager of SINOPEC Information and Digital Transformation Management Department, Ms. Cai Lianchun, Global Vice President of SK geo centric, Mr. Hu Baishan, Vice Chairman and President of Zhejiang NHU, and Mr. George Cui Shan, Chairman and CEO of SUPCON Technology, shared their approaches and practices around China’s new-type industrialization thrust. They delved into the crucial topics such as the new-quality productivity, intelligent manufacturing, artificial intelligence, sustainable development, low-carbon practices, global business layouts, etc. The sparkling discussions provided in-depth analysis of the current industrial situation and prospected trends of the future development, calling for wide and deep collaboration towards high-quality sustainable development.

The afternoon featured 4 parallel sessions focusing on smart manufacturing, ecological co-construction, low-carbon buildings, and industrial control chips respectively. The distinguished guests included frontline experts, scholars and representatives from high-profile institutes, organizations and enterprises including MIIT, ITEI, Jiangsu Association of Automation, NAMUR, OPAF, CNPC, Tongkun Group, Daikin Fluorochemical, Luzhou Laojiao Group, Hobré Instruments, Petro-Cyber Works Information Technology, DMS Corporation, EPEC, Lenovo, ABB Measurement & Analytics China, Rockwell Automation China, Dahua Technology, Alibaba Group, ARC Advisory Group, TTWisdom, gongkong Data Technology, etc.

Concurrent with the conference, SUPCON and nearly 20 ecological partners showcased the products, solutions, technologies and success stories focusing on automation, digitization and intelligent plant at the exhibition.

https://static.prnasia.com/pro/fec/jwplayer-7.12.1/jwplayer.js jwplayer.key=”3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE=”   jwplayer(‘myplayer2’).setup({file: ‘https://mma.prnasia.com/media2/2290662/SUPCON_Nov_24_event.mp4’, image: ‘https://mma.prnasia.com/media2/2290662/SUPCON_Nov_24_event.mp4?p=medium’, autostart:’false’, stretching : ‘uniform’, width: ‘512’, height: ‘288’});

Reflecting on the vibrant hues of the past and casting a gaze into the light of the future, SUPCON is poised to ride the dynamic tides and set sail towards the next glory hand in hand with the esteemed global partners.

Media Enquiries: 

Meifang Wang
wangmeifang@supcon.com

Source : Embracing the New Horizon, Towards the Shared Future

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HesabPay showcased at the Algorand Impact Summit in New Delhi

NEW DELHI, Dec. 1, 2023 /PRNewswire/ — Algorand Foundation announces a strategic investment by Algorand Ventures in HesabPay on stage today at the Algorand Impact Summit in New Delhi, where business leaders, policymakers, NGOs, and developers convened to discuss how blockchain can be part of the solution to the world’s most intractable challenges.

Courtesy of HesabPay

HesabPay is the first and only interoperable digital payments platform in Afghanistan, utilizing the speed and reliability of the Algorand blockchain. Initially built as a solution to the humanitarian aid crisis, more than a dozen organizations, including the World Food Programme, have used the platform to send funds directly to beneficiaries in Afghanistan. HesabPay has since expanded its use cases and now allows users to buy airtime, pay electric bills, and send digital funds to other users.  HesabPay has facilitated 51,000 humanitarian cash transfers and has been used to pay over 1.3 million electricity bills.

HesabPay is a critical tool for Afghanistan, where 85% of the adult population is unbanked, according to the World Bank.  A recent study by the London School of Economics (LSE) trailed nearly 2,500 Afghan women receiving aid via HesabPay and found that "digital payments can be an effective and transparent way of helping those most in need." The study found that over 98% of the money transferred digitally was spent as local purchases in the first eight weeks, with the women surveyed reported skipping fewer meals and eating a more nutritionally diverse diet both while receiving the payments and for several weeks afterward.

"In the case of HesabPay, it was apparent to us from the beginning that the solution they are offering was critical for some of the world’s most marginalized populations," says Matt Keller, head of impact and inclusion at Algorand Foundation. "It is only fitting that we announced this investment at the Algorand Impact Summit, demonstrating how blockchain can serve as an efficient, reliable, and transparent solution for the global unbanked."

Also at the Impact Summit, Algorand announced partnerships with Mann Deshi, Self-Employed Women’s Association (SEWA), and the United Nations Development Programme (UNDP).

For more information, please visit https://algorand.foundation.

About Algorand Foundation

The Algorand Foundation is dedicated to helping fulfill the global promise of the Algorand blockchain by taking responsibility for its sound monetary supply economics, decentralized governance, and healthy and prosperous open-source ecosystem. Designed by MIT professor and Turing Award winning cryptographer Silvio Micali, Algorand is uniquely capable of delivering on the promise of a borderless global economy. It achieves transaction throughputs at the speed of traditional finance, but with immediate finality, near zero transaction costs, and on a 24/7 basis. 

Source : Algorand Foundation Announces Strategic Investment in Digital Payment Platform, HesabPay

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HOUSTON, Dec. 1, 2023 /PRNewswire/ — Ascend Performance Materials has begun operating a new thermal reduction unit (TRU) that will eliminate over 98% of the greenhouse gas emissions tied to adipic acid production in Pensacola, Florida. This new equipment enhances improvements Ascend made in 2021 by adding a new control device and brings its total GHG reduction investments at the world’s largest integrated nylon site to greater than $50 million.

Ascend Performance Materials recently installed a greenhouse gas abatement equipment that will eliminate over 98% of the emissions from its adipic acid production.

Last year, Ascend increased its target to reduce its scope 1 emissions to 90% as part of its 2030 Vision.

"We have worked to ensure that the sustainability improvements we make are both meaningful and long-lasting," said Chris Johnson, Ascend’s senior director of sustainability. "Utilizing carbon financing, this additional project is a meaningful component of our voluntary scope 1 reductions defined as part of our sustainability goals."

The TRU project uses a technologically advanced, high-temperature reducing environment that permanently destroys N2O, a potent greenhouse gas. The project has robust monitoring, including calibrated flow meters and a continuous emission monitoring system (CEMS), and is third-party audited to ensure emission reductions are in compliance with internationally recognized protocols.

"We are extremely proud of reaching this milestone and recognize that our sustainability work does not end here. We will continue to focus on reducing not only our own emissions, but also encouraging our suppliers to reduce theirs," said Phil McDivitt, Ascend’s president and CEO. "Beyond emissions, we continue to tackle waste and water use, improve our safety performance, create careers that grow, and support our communities through our Ascend Cares Foundation."

In addition to investments in Pensacola, Ascend reduced its scope 1 and scope 2 emissions by installing cogeneration units at its facility in Decatur, Alabama, switching to 30% renewable energy at its facility in Chocolate Bayou, Texas, and making its global compounding operations carbon neutral through process improvements and purchases of renewable energy credits.

About Ascend Performance Materials
Ascend Performance Materials makes high-performance materials for everyday essentials and new technologies. Our focus is on improving quality of life and inspiring a better tomorrow through innovation. Based in Houston, Texas, and with regional offices in Shanghai, Brussels and Detroit, we are a fully integrated material solutions provider with global manufacturing facilities in North America, Europe and Asia. Our global workforce makes the engineered materials, fabrics, fibers and chemicals used to make safer vehicles, cleaner energy, better medical devices, smarter appliances and longer-lasting apparel and consumer goods. We are committed to safety, sustainability, inclusion and diversity, and to the success of our customers and our communities.

Learn more about Ascend at www.ascendmaterials.com.

Contact: Osama Khalifa, 832-963-1347
[email protected] 

Source : Ascend reaches GHG abatement milestone

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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