Kun-Era Batteries, New Era for E-motorcycles

CHONGQING, China, Sept. 18, 2024 /PRNewswire/ — On September 13, Xiamen Ampace Technology Limited (hereinafter referred to as "Ampace") proudly unveiled its groundbreaking Kun-Era series of battery solutions at the 22nd China International Motorcycle Trade Exhibition. Tailored for every e-motorcycle adventure, these cutting-edge solutions boast ultimate performance, unleashing unparalleled power for e-motorcycles and ushering in a new dawn of battery technology for the e-motorcycling era.

Powered by Ampace’s Core Technologies, Kun-Era Series Products Empower Major E-motorcycle Travel Scenarios

Powered by Ampace’s 6 core technologies of the BP system: "ultimate safety, superb power, ultra-long cycle life, lightweight design, multi-pack parallel, and high adaptability", the Kun-Era series of products have been comprehensively upgraded in charge gradient, voltage platform, and adaptability to e-motorcycle models through innovation. This enables Kun-Era series to adapt to the diversified e-motorcycle travel scenarios.

Dr. Yuan Qingfeng, Chief Technology Officer of Ampace stated that Kun-Era series supports continuous discharge at 120A and pulse discharge at 150A, showcasing excellent power performance in stable high-speed driving, instantaneous acceleration, and slope climbing. Its cell life reaches up to 3000 cycles at normal temperatures and 2000 cycles at high temperatures. In addition, the multi-pack parallel technology allows riders to select the number of batteries based on actual endurance and power needs. Dual packs support up to 200 km of mileage," said Dr. Yuan.

With standard battery size and compatible interfaces, Kun-Era series covers a wide capacity range from 2 kWh to 4 kWh. Furthermore, BMS is compatible with multiple voltage platforms of 51V, 60V and 74V.

Kun-Era Series has strong adaptability to a variety of e-motorcycle types, such as pedal, straddle, and underbone e-motorcycles as well as e-tricycles. It meets users’ diverse travel needs in various scenarios such as urban commuting, food delivery, cargo transportation, and off-road racing, leading a new era of smart travels.

Ampace Further Enhances Kun Era’s Safety Through Innovation

Safety is always Ampace’s top priority. Taking the actual applications of Kun Era throughout its life cycle into full consideration, Ampace further enhances Kun Era’s safety through elaborate safety design, which has been proven by progressively rigorous testing. Dr. Yuan said, "We aim to bring users an unprecedented ultimate experience through Kun-Era Series".

Kun Era has undergone and passed multiple tests such as vibration, mechanical shock, temperature shock, salt spray and water immersion that simulated complex road conditions and extreme climates, proving its ultimate safety and reliability. In addition, its extraordinary safety performance has been further proven by extreme tests, including drop, force extrusion, and fire tests. Due to its innovative materials, exquisite process and stable structure, Kun-Era Series is free of open flames and explosions even in the extreme case of thermal runaway inside the pack, protecting the personal safety of users.

Kun-Era Batteries, New Era for E-motorcycles! Next, Ampace will continue to lead the battery technology field with the BP system and Kun-Era series of products, open a new era of smart and green travels, and work with industry partners to promote the high-quality development of the e-motorcycle industry.

Source : Ampace Unveils Revolutionary Kun-Era Series Products at CIMAMotor!

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LONDON, Sept. 18, 2024 /PRNewswire/ — Polus Capital Management ("Polus"), a leading investment management firm specialising in alternative credit strategies, today announces that it has secured a capital commitment for its Special Situations strategy from a wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA). Following the commitment, Polus’ Special Situations strategy has approximately $5 billion of assets under management[i].

Polus’ Special Situations strategy focuses primarily on secondary investments in bonds and loans as part of opportunistic, stressed or distressed situations arising from idiosyncratic or cyclically driven dislocations to corporate enterprise values or hard asset values. Polus’ Special Situations team has been working together for over ten years, during which time it has developed a differentiated and proven track record.

ADIA’s investment is a strong endorsement of the high quality and attractive characteristics of Polus’ Special Situations strategy and further adds to Polus’ predominantly institutional investor base which includes pension funds, insurance companies, endowments, foundations, sovereign wealth funds and family offices.

Nicholas Chalmers, Chief Executive Officer of Polus Capital Management, said, "ADIA’s capital commitment reflects the growing strength and success of Polus’ diversified alternative credit platform. We look forward to the ongoing development of our business while continuing to prioritise the delivery of compelling risk-adjusted returns as we navigate opportunities in credit markets throughout the cycle."

Robert Dafforn, Chief Investment Officer of Opportunistic Credit at Polus Capital Management, said, "We are delighted to welcome ADIA’s subsidiary as an investor and are increasingly excited about the opportunity set for our Special Situations strategy. We believe the coming years will prove especially favourable for our differentiated investment approach and rewarding for our investors."

Hamad Shahwan Aldhaheri, Executive Director of the Private Equities Department at ADIA, said, "Polus is one of the leading alternative credit managers in Europe with a large, experienced team, a differentiated strategy and a strong track record. We look forward to capitalising on a growing market opportunity through our capital commitment in Polus, which has built deep expertise in providing bespoke, innovative solutions in a range of situations."

About Polus Capital Management

Polus Capital Management ("Polus") is an investment management firm specialising in alternative credit strategies. Following the commitment, Polus has approximately $11 billion in assets under management[ii] and invests across the capital structure and liquidity spectrum, focusing on three complementary strategies: Leveraged Credit, Special Situations and Structured Credit. Polus has offices in London and New York.

For more information: www.poluscapital.com 

About Abu Dhabi Investment Authority 

Established in 1976, ADIA is a globally diversified investment institution that prudently invests funds on behalf of the Government of Abu Dhabi through a strategy focused on long-term value creation.

For more information: www.adia.ae 

Media Enquiries 

Greenbrook – Rob White / Ksenia Galouchko
[email protected]
Tel: +44 (0) 20 7952-2000  

[i] AUM refers to assets under management and advice and includes committed but uncalled capital across various vehicles. AUM figures as at 18 Sep 2024 and are subject to rounding and FX fluctuations.

[ii] AUM refers to assets under management and advice and includes CLO vehicles managed by Cairn Loan Investments LLP ("CLI I") and Cairn Loan Investments II LLP ("CLI II"). CLI I and CLI II are not affiliates of each other nor of Polus, but Polus established them and provides them with seconded portfolio managers and support services. AUM includes committed but uncalled capital across various vehicles. AUM figures as at 18 Sep 2024 and are subject to rounding and FX fluctuations.

Source : Polus Capital Management Secures ADIA Commitment for Special Situations Strategy

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LOS ANGELES, Sept. 18, 2024 /PRNewswire/ — PrintKK, a leading provider of print-on-demand solutions for e-commerce, recently announced an expanded integration with Shopify. This allows Shopify merchants to effortlessly create more unique print on demand products and leverage PrintKK’s exclusive logistics channels to quickly deliver goods to end consumers. This integration provides Shopify merchants with a more efficient print-on-demand solution.

Print-on-demand merchants do not stock items until they are purchased. This makes the fulfillment of orders highly dependent on reliable suppliers. A change of suppliers will significantly impact a merchant’s ability to fulfill orders on time while maintaining product quality. That, in turn, affects the store’s overall revenue, as well as its reputation and customer satisfaction.

As one of Shopify’s most trusted partners, PrintKK has engaged in comprehensive and professional discussions with Shopify to build a solid integration to serve multiple e-commerce print-on-demand business scenarios.

"We’re excited to partner with Shopify to enhance the eCommerce infrastructure," said Vicky Dai, COO of PrintKK. "By connecting merchants directly to a comprehensive supplier hub, we enable them to expand their product offerings and help new businesses establish themselves by accessing high-quality print-on-demand services. 

This seamless integration empowers merchants to creatively customize a wide range of products. By staying ahead of the trends and designing popular items, merchants can significantly enhance the impact of their stores. With this native solution, merchants can significantly scale their businesses, and we are committed to helping them maximize their store footprint, all within the Shopify platform."

PrintKK’s seamless integration with Shopify enables merchants to effectively navigate multiple business scenarios across the supply chain. With our Shopify integration, merchants can easily access PrintKK’s unique and exclusive print-on-demand offerings, which face minimal competition and offer superior profit margins.

Order fulfillment is critical for Shopify merchants as it not only ensures that goods are delivered on time but also improves customer satisfaction. By connecting their Shopify store to PrintKK, sellers can easily access a wide range of high-quality print-on-demand products exclusive to PrintKK, ensuring minimal competition and high profitability.

PrintKK has also introduced a revolutionary bulk order feature: With just a few clicks, sellers can place more than 100 orders simultaneously in seconds. This innovation not only improves the business efficiency of sellers but also simplifies the entire ordering process. This integration not only streamlines order fulfillment but also allows merchants to maintain a diverse and unique product lineup, ultimately enhancing their business efficiency and customer satisfaction.

PrintKK’s integration with Shopify not only benefits merchants but also ensures an exceptional customer experience that enhances customer retention. Shopify automatically sends orders and shipping confirmation emails to customers, enabling them to stay updated on their order status. Any special instructions or notes from customers are instantly communicated to merchants, enabling them to address specific needs promptly. Merchants can promptly forward this information to PrintKK to ensure that the order is shipped as requested by the customer. This seamless communication and order management process helps maintain high levels of customer satisfaction and loyalty. For more information, please visit www.printkk.com.

About PrintKK
PrintKK is a premier global Print on Demand (POD) platform, renowned for its extensive network of warehouses and production centers worldwide. This setup ensures rapid product fulfillment, positioning PrintKK as an ideal choice for e-commerce entrepreneurs eager to expand their offerings and boost profits. Specializing in unique POD products, PrintKK integrates seamlessly with platforms like Shopify and Etsy, offering high-quality, customizable options that meet diverse market needs.

CONTACT: Eve Smith, [email protected] 

Source : PrintKK and Shopify Integrate for Broader Print on Demand E-commerce Solutions

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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

The Highest Award for Exceptional Technology, Engineering, and Science Contributions 
Given by World’s Largest Technical Professional Organization Now Ranks 
Among the Largest Monetary Prizes Globally

For the First Time, Recipient of IEEE 2025 Medal of Honor Award to be Announced at a Press Conference Live-Streamed From New York City Early Next Year

PISCATAWAY, N.J., Sept. 18, 2024 /PRNewswire/ — In a momentous move to recognize the world-changing impact that technology, engineering, and science innovators have on society globally, IEEE, the world’s largest technical professional organization, today announced that starting in 2025, the IEEE Medal of Honor monetary prize will be increased to $2 million. In addition, for the first time, the 2025 IEEE Medal of Honor laureate will be announced at a dedicated press conference in New York City early next year. To help raise visibility for the vast importance of the work that will be honored, the press conference will be live-streamed. Visit https://engage.ieee.org/medal-of-honor to register for the press conference live stream.

"By significantly increasing the IEEE Medal of Honor monetary prize to $2 million we are elevating our recognition of extraordinary individuals and the work they have done to benefit humanity to its rightful place as one of the world’s most prestigious technology-focused prizes and awards," said 2024 IEEE President and CEO Thomas M. Coughlin. "It is a move that also underscores IEEE’s role as a public charity whose mission is to advance technology for the benefit of humanity."

K. J. Ray Liu, Chair of the Ad Hoc Committee on Raising the Prestige of IEEE Awards and 2022 IEEE President and CEO added, "IEEE Medal of Honor laureates dare to envision the new and revolutionary, and make possible what was previously considered impossible. Their seismic accomplishments and positive impact on our world inspires today’s technologists, who stand on their shoulders to continue advancing technology to make the world a better place."

Recipients of the IEEE Medal of Honor Have Advanced Technology and Our World in Revolutionary Ways

Established in 1917, the IEEE Medal of Honor is the highest IEEE award, bestowed for remarkable, society-changing achievements such as the creation of the internet; development of life-saving medical device technologies including the CAT scan, MRI, Ultrasound and Pacemaker; as well as transistors and semiconductors, technologies at the heart of modern electronics and computing. The 2025 IEEE Medal of Honor, as well as additional high-profile IEEE awards, will be presented to recipients at the 2025 IEEE Honors Ceremony, which will for the first time be held in Tokyo, Japan, in April 2025. 

IEEE Medal of Honor laureates include IEEE Life Fellows:

ROBERT E. KAHN — Awarded the 2024 IEEE Medal of Honor for pioneering technical and leadership contributions in packet communication technologies and foundations of the internet. Kahn is President and CEO of the Corporation for National Research Initiatives. While working as a program manager in the U.S. Defense Advanced Research Projects Agency’s information processing techniques office in 1973, Kahn, along with Vinton (Vint) Cerf, designed the Transmission Control Protocol (TCP) and the Internet Protocol (IP). The TCP manages data packets sent over the internet, ensuring they don’t get lost, are received in the proper order, and are reassembled at their destination correctly. The IP manages the addressing and forwarding of data to and from its proper destinations. Together they make up the internet’s core architecture and enable computers to connect and exchange information.

VINTON (Vint) G. CERF – Awarded the 2023 IEEE Medal of Honor for co-creating the internet architecture and providing sustained leadership in its phenomenal growth in becoming society’s critical infrastructure. Cerf is Vice President and Chief Internet Evangelist at Google. He is known as one of the "Fathers of the Internet." With Robert Kahn, he conceived the Transmission Control Protocol/Internet Protocol (TCP/IP) suite, the key technical innovation that permitted the transformation of the original ARPANET into today’s internet. He also formed the Internet Configuration Control Board, which evolved into the Internet Architecture Board, the body responsible today for technical oversight of the internet architecture and standards process.

ASAD M. MADNI – Awarded the 2022 IEEE Medal of Honor for pioneering contributions to the development and commercialization of innovative sensing and systems technologies, and for distinguished research leadership. Madni led the development and commercialization of the GyroChip®, an inexpensive inertial-measurement sensor that was the first such device to be incorporated into automobiles, enabling electronic stability-control (ESC) systems to detect skidding and operate the brakes to prevent rollover accidents. In the five-year period spanning 2011 to 2015, with ESCs being built into all new cars, the systems saved 7,000 lives in the United States alone (U.S. National Highway Traffic Safety Administration). The device went on to serve as the heart of stability-control systems in commercial and private aircraft, U.S. missile guidance systems and traveled to Mars as part of the Pathfinder Sojourner rover.

MILDRED DRESSELHAUS – Awarded the 2015 IEEE Medal of Honor for leadership and contributions across many fields of science and engineering. Emerita professor of physics and materials science at the Massachusetts Institute of Technology (MIT), Dresselhaus was known as the "Queen of Carbon Science" whose research into carbon structures paved the way for the rise of nanotechnology, transforming computing and boosting battery-storage capabilities. Researchers have used these technologies to demonstrate paper-thin batteries, unbreakable touch screens, and terabit-speed wireless communications. Combinations of these carbon structures could yield body armor stronger than Kevlar, ultrathin membranes to filter salt from seawater, and even bionic implants for those with spinal-cord or organ damage. Used as electrodes in batteries or capacitors, graphene and nanotubes in energy storage applications, their charge capacities would exceed traditional batteries. When Dresselhaus began her nearly half-century career at MIT, women were just four percent of the undergraduate student population. Through her leadership, MIT adopted an equal and joint admission process for women and men, and promoted women in science, technology, engineering, and math – now known as STEM.

The IEEE Medal of Honor may be given to an individual or team of up to three who have made exceptional contributions or had extraordinary careers in technology, engineering, and science. Criteria for IEEE Medal of Honor consideration include the significance of the achievement, originality, impact on society, impact on the profession, publications, and patents relating to the achievement.

Learn more about the history of the IEEE Medal of Honor at https://www.ieee.org/ns/periodicals/IEEEMedalofHonor/eBook/index.html

About IEEE Awards

For more than a century, the IEEE Awards Program has served as the world’s top peer-recognition program, acknowledging preeminent leaders and visionaries in science, technology, and engineering advancement. Through the program, IEEE advances its members’ interests by recognizing pivotal contributions in fields of interest to IEEE and to the benefit of society.

The IEEE Awards Board administers the top-level Awards Program, encompassing IEEE Medals, Technical Field Awards, and Recognitions. IEEE’s highest Medals and Recognitions are presented at the IEEE Honors Ceremony. For more information, please visit, or follow IEEE Awards on X|Twitter, Facebook, and LinkedIn.

About IEEE

IEEE is the world’s largest technical professional organization dedicated to advancing technology for the benefit of humanity. Through its highly cited publications, conferences, technology standards, and professional and educational activities, IEEE is the trusted voice in a wide variety of areas ranging from aerospace systems, computers, and telecommunications to biomedical engineering, electric power, and consumer electronics. Learn more at https://www.ieee.org.

Contact:
Monika Stickel
+1 732 562 6027
[email protected]

Francine Tardo
+1 732 465 5865
[email protected]

Source : PRESTIGIOUS IEEE MEDAL OF HONOR PRIZE IS INCREASED TO $2 MILLION

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Annual family office survey highlights that family offices in Asia Pacific expect stronger portfolios gains in 2025  Asia Pacific leads the way in family office best practices and leadership transition readiness 

SINGAPORE, Sept. 18, 2024 /PRNewswire/ — Citi Private Bank’s Global Family Office Group today released the results of its 2024 Family Office Survey, unveiling trends among family offices in Asia Pacific and globally. Results show that family offices in Asia Pacific are leading the way in deploying more capital into public equity and increasing direct investing.

The annual study provides a rare glimpse into the thinking and behaviors of family office clients, some of the most sophisticated investors. In its fifth edition, the survey captures the investment sentiment, portfolio positioning, family governance and best practices of family office clients in 2024. It received a record number of respondents this year, making it the most global and comprehensive survey of its kind, with 21% of respondents from Asia Pacific.

"We are thrilled to share this year’s survey findings, which offer an inside look into the investments and priorities of some of the world’s most diverse and sophisticated family offices," says Hannes Hofmann, Head of the Global Family Office Group at Citi Private Bank. "In the last two years, we have seen the number of respondents grow from 126 to 338 across the globe, indicating an increased need for the unique insights into the top challenges and opportunities family offices face today. The wide-ranging questions cover the most topical global issues, revealing important shifts in the concerns and interests of respondents. We look forward to continuing our close partnership with family offices to provide access to all areas of Citi that support the ambitious goals and needs of the world’s most global and sophisticated investors."

ASIA PACIFIC HIGHLIGHTS

In addition to global themes and discoveries, several key findings emerged from Asia Pacific:

Investment activity, sentiments and preference across Asia Pacific

68% of family offices reported increased allocation into public equity – the highest percent relative to other regions. Family offices said they were positive on the outlook for global developed equities (48%), direct private equity (49%) and private equity funds (48%). Direct investing activity was highest in Asia Pacific, with 69% of respondents reporting increased and significantly increased activity. Results show an interest in a broad range of activities across the M&A spectrum: strategic acquisitions (20%), joint ventures (23%), divestitures (9%) and mergers (14%). 63% of respondents expect their portfolios to increase by 10% or more in the coming year, the highest percent relative to other regions.

Family office focus areas and challenges across Asia Pacific

Family offices are leading in best practices such as separating the family office from the family business (75%) and having a leadership succession plan (51%).  74% of respondents said they were well or very well prepared for leadership transitions. Cost (45%) and regulatory compliance (48%) are seen as the main challenges for family offices in Asia Pacific, which may be because the family office industry is relatively new and developing rapidly in the region. There is also more outsourcing to external service providers in the region.

"The family office industry in Asia continues to grow and evolve rapidly – becoming ever more complex with time," says Bernard Wai, Asia Pacific Head, Global Family Office Group, Citi Private Bank. "Citi’s global footprint and connectivity across the family office network can help Asian family offices learn and adopt best practices faster to achieve their financial and family office goals in the long run."

The 2024 Global Family Office Survey Insights Report also revealed a shift in portfolio allocations. Public equities and fixed income saw their weightings rise from 22% to 28% and 16% to 18%, respectively. Private equity also dipped from 22% to 17%, which may have been accentuated by valuations taking longer to adjust upward compared to those of public equities. 

"Our family office clients are increasingly becoming more global as they seek to create and preserve wealth amidst new market challenges and opportunities," says Ida Liu, Head of Citi Private Bank. "As interest rates evolve and geopolitical challenges persist, ultra-high net worth investors and their families are putting cash to work and shifting their portfolios toward public and private equity. Family offices are focused on the future as they navigate evolving markets worldwide."

GLOBAL THEMES

Family offices are putting their cash to work by making significant portfolio shifts from liquid resources to fixed income, public and private equity. Continued optimism among family offices around the outlook for portfolio performance over the next twelve months, with 97% of respondents expecting positive returns. The future path of interest rates is the top concern followed by geopolitical issues – such as US-China relations and the conflict in the Middle East. Family offices are growing their portfolio exposure to artificial intelligence – which likely contributed to strong returns over the last year. However, the adoption of this technology into family office operations is lagging. Asset preservation and preparing the next generation for future responsibilities are families’ top concerns. Meeting family members’ expectations is regarded as family offices’ top challenge.

This year’s survey was initiated during Citi Private Bank’s ninth annual Family Office Leadership Program held in June 2024. The survey was subsequently released to Citi Private Bank’s global family office clients for input, with 50 questions aimed to capture the investment sentiment, portfolio positioning, family governance and best practices of family office clients. It drew responses from 338 participants who were included in this report.

About Citi
Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in more than 180 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

Additional information may be found at www.citigroup.com | X: @Citi | LinkedIn: www.linkedin.com/company/citi | YouTube: www.youtube.com/citi | Facebook: www.facebook.com/citi  

Source : Family Offices in Asia Pacific are Investing More in Public Equity and Fixed Income, Bullish on Private Equity: Citi Private Bank Survey

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SHENZHEN, China , Sept. 18, 2024 /PRNewswire/ — TerraMaster, a leading brand in home and enterprise storage solutions, has recently announced the launch of 9 new NAS models, all equipped with its latest TOS 6 operating system. This lineup includes two 8-bay all-flash NAS models specifically designed for high-performance needs. All new products were officially launched on September 19, 2024, on the TerraMaster official website and various global e-commerce platforms. 

TerraMaster 2024 Fall New Product Lineup

Comprehensive Range

The new TerraMaster product series covers a wide spectrum of users, from individual consumers and SMBs to high-end devices for business and enterprise sectors, fully addressing different needs.

8-Bay All-Flash NAS

The two 8-bay all-flash NAS models, F8 SSD and F8 SSD Plus, are designed specifically for creative and media professionals. The F8 SSD Plus features an Intel 8-core, 8-thread CPU, supports 4K hardware decoding, AES NI hardware encryption, and comes with 16GB DDR5 and a 10GbE Ethernet port. It is the most powerful compact 8-bay NAS in the industry.

New 10GbE NAS Series

The new 10GbE NAS series is tailored for home users and SMB (small and medium-sized business) environments, featuring Intel’s latest 12th-generation processor technology. The F4-424 Max and F6-424 Max models are equipped with a 12th-generation Intel Core i5 processor, offering a robust configuration of 10 cores and 12 threads.

4 Backup All-in-One Models

The new backup all-in-one models, designed specifically for enterprise backup needs, include two tower models—T9-500 Pro and T12-500 Pro—and two rackmount models—U8-500 Plus and U12-500 Plus. Each model is equipped with a 12th-generation Intel Core i7 processor with 10 cores and 12 threads, and 16GB of expandable DDR5 memory.

New TOS 6 System

TOS 6 features a completely redesigned user interaction model and introduces a comprehensive BBS commercial backup suite. It also includes a full upgrade of its security mechanisms, with innovative features such as TRAID+, SPC-Security Privacy Control, ACL-13 Permissions, OTP Two-Factor Authentication, HyperLock WORM, and system snapshot TFSS. Notably, TOS 6 offers full compatibility with Ubuntu root file systems, making the operating system more familiar and easier to maintain.

Time-Limited Offer

On September 19, 2024, the first 100 buyers will receive a $100/€100/£100 time-limited discount.

More information, please visit:

https://support.terra-master.com/2024_fall_newlineup/ 

Amazon Links: US, UK, CA, AU, DE, IT, RU, FR, ES,

TerraMaster Social Media: Facebook, Twitter, LinkedIn, YouTube, Tiktok

Source : TerraMaster Unveils 9 New NAS Models with TOS 6 System

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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