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  • LianLian Global Co-CEO Tim Shen Discusses Advancements in Cross-Border Trade at Money20/20
    on April 26, 2024 at 3:02 pm

    BANGKOK, April 26, 2024 /PRNewswire/ — Money20/20, the world’s leading fintech exhibition, took place in Bangkok, Thailand, from 23-25 April, 2024, bringing together thousands of innovative thinkers from the payment, fintech, and broader financial services industries to explore the latest trends, technologies, and strategies that are shaping the future of fintech and financial services.Tim Shen, Co-CEO of LianLian Global, was a featured speaker, alongside notables such as Tessa Wijaya, Co-Founder and COO of Xendit, Ling Wu, Founder and CEO of TBCASoft, and Tracy Prandi-Yuen, Vice President of Global Partnerships at Boku. They engaged in a robust discussion on the intricacies of cross-border trade. Additionally, the head of Lianlian Hong Kong China and the head of International Financial Cooperation at LianLian Global contributed their views on the driving forces behind fintech innovations, emphasizing the enhancement of B2C and B2B multi-scenario payment and settlement solutions. Mr. Shen addressed the escalating challenges posed by global trade tensions and increased compliance scrutiny, emphasizing the critical role of compliance for cross-border businesses. He outlined the key benefits to customers of maintaining strict adherence to compliance rules: it serves as the cornerstone for ensuring transaction security, preventing the loss of individual assets, and shielding businesses from legal entanglements;it is crucial for establishing a good business reputation, which is helpful for obtaining the trust of customers and expanding business opportunities; andit provides a strong support for companies’ global expansion efforts and mitigates their risk of facing international sanctions due to non-compliance.As of 30 September 2023, Lianlian had established a robust global portfolio of 64 payment licenses and related qualifications, and has served approximately 3.2 million merchants and businesses across a variety of industries, including e-commerce, services and manufacturing, spanning more than 100 countries and regions. Mr. Shen reiterated that Lianlian has always prioritized “Compliance First” and aims to become a leading digital payment solution provider with strong risk management capabilities. Capitalizing on the new opportunities brought about by digital globalization, Lianlian remains committed to leveraging scientific and technological innovation as its primary driving force. The company will continue to optimize and enhance its cross-border trade services and compliance systems to better serve its customers worldwide in an increasingly complex global trade environment. This, in turn, will spur the development of new productive capacities and advance the quality of foreign trade.View original content:https://www.prnewswire.com/apac/news-releases/lianlian-global-co-ceo-tim-shen-discusses-advancements-in-cross-border-trade-at-money2020-302128773.html SOURCE Lianlian

  • United Imaging Healthcare Releases 2023 ESG Report, Advancing Mission of Equal Healthcare for All™
    on April 26, 2024 at 3:00 pm

    SHANGHAI, April 27, 2024 /PRNewswire/ — United Imaging Healthcare (SSE:688271) has published its 2023 Environment, Social, and Governance (ESG) Report, reaffirming its mission to bring Equal Healthcare for All. This report highlights the company’s advancements in corporate responsibility, internal governance, and sustainability.In pursuit of health equity, United Imaging Healthcare leverages technological innovation to create integrated solutions for disease management and smart healthcare connectivity. They aim to expand high-quality medical resources and promote equitable distribution. Through digital healthcare solutions, they contribute to enhancing global healthcare standards and promoting medical equality. By advancing innovative technologies, they empower healthcare professionals, drive stable medical services development, and foster a healthier, higher-quality, and more equitable healthcare environment. Innovation remains a central focus for United Imaging Healthcare’s development strategy. In 2023, the company has achieved 1,118 new patent applications and 886 newly granted patents, with a total of 4,134 granted patents. Additionally, United Imaging Healthcare is committed to excellence in product safety and quality by refining its quality control processes across the entire product lifecycle, including updating 45 quality management policies to align with international standards and regulations, formulating 61 internal control systems, and securing over 700 essential product registrations and certifications while maintaining a 100% audit pass rate. In the past year, United Imaging Healthcare has demonstrated its commitment to employees through its sustainable development strategy, not only expanding the number of global staff but also carrying out equity incentives for 1595 employees. The company reported a 2.1% increase in its global workforce, now totaling 7,440 employees, including 1,947 women and 2,956 R&D employees, accounting for 26.2% and 39.73% respectively. Notably, the retention rate of core and key technical talents was 97%.  Using 2023 as the baseline, United Imaging Healthcare aims to achieve a 50% reduction in the carbon emission intensity of both Scope 1 and Scope 2 by 2035. This commitment underscores their dedication to environmental stewardship and sustainability, as outlined in their Environmental, Social, and Governance (ESG) report. They continually strive to minimize their carbon footprint and contribute to a greener future. The management has emphasized United Imaging Healthcare’s dedication to leveraging technological innovation for broad medical applications, transcending economic and geographical barriers, to bring “Equal Healthcare for All.” About United Imaging Healthcare At United Imaging Healthcare, we develop and produce advanced medical products, digital healthcare solutions, and intelligent solutions that cover the entire process of imaging diagnosis and treatment. Founded in 2011, our company has subsidiaries and R&D centers across China, the United States, Poland, Dubai, and other parts of the world. With a cutting-edge digital portfolio and a mission of Equal Healthcare for All™, we help drive industry progress and bold change. To learn more, visit https://www.united-imaging.com SOURCE United Imaging Healthcare Co., Ltd.

  • Green Energy Expo 2024: Sungrow Unveils its Innovative Solar-Plus-Storage Solutions to Facilitate South Korea’s Energy Transition
    on April 26, 2024 at 2:39 pm

    DAEGU, South Korea, April 26, 2024 /PRNewswire/ — Sungrow, the global leading PV inverter and energy storage system provider, showcased its cutting-edge solar-plus-storage solutions in the Green Energy Expo 2024. The solutions are designed to cater to the growing demand for sustainable energy sources. The company’s innovative products and solutions have been receiving significant attention from attendees. The South Korean Ministry of Trade, Industry, and Energy has declared its commitment to reduce greenhouse gas emissions by 44% by 2030, compared to 2018 levels, and to achieve carbon neutrality by 2050. Additionally, the Ministry aims to increase the share of renewable energy to 21.6% by 2030. As the demand for clean energy solutions continues to grow, Sungrow remains committed to developing advanced technologies and promoting the adoption of solar-plus-storage systems in South Korea. New generation of utility renewable energy solutions During the expo, Sungrow showcased the solar-plus-storage solutions including “1+X” modular inverter, SG350HX string inverter and the new generation of PowerTitan liquid-cooled energy storage system (ESS). The “1+X” modular inverter boasts a minimum capacity of 1.1 MW for a single unit, with the potential to scale up to a maximum of 8.8 MW by seamlessly integrating eight units. Customers can customize their capacity needs from 1.1 MW to 8.8 MW, tailored to meet the demands of utility-scale PV plants. The SG320HX offers reduced LCOE, superior protection, and robust grid support. As the latest addition to Sungrow’s liquid-cooled energy storage system line, PowerTitan2.0 goes beyond traditional all-in-one solutions. It seamlessly integrates an innovative AC storage design, an embedded PCS, and a standard 20-foot, 5MWh fully liquid-cooled energy storage system, which can be effortlessly expanded up to 10MWh. Throughout its lifespan, the string PCS enables independent charging and discharging of battery racks, resulting in a remarkable increase of over 8% in the system’s discharged energy capacity. Innovative and lucrative products tailored for the expanding C&I market In particular, it can be said that the exhibition features various solutions suitable for the Korean system situation beyond the inverter function. In the ‘Rooftop Safety’ zone, you can see the ‘Safety’ functions emphasized by introducing the optimizer-compatible MLPE and RSD solutions as well as the AFCI functions of the P2 series. In addition, you can see the global market trend that is one step ahead by introducing VPP and Zero Export solutions compatible with the P2 series. Residential solar systems enable the utilization of green energy in households. Sungrow’s SG20RT PV inverter, a three-phase solution with a capacity of 20kW, is ideal for household use, fulfilling the needs of families. It features two Multiple Power Point Trackers (MPPT), enabling connections to two independent solar arrays of panels facing diverse directions. Compact and weighing just 18kg, this model is the perfect choice for residential systems. Hoseob Kim, Country Manager of Sungrow Korea, highlighted, “It’s time to share our latest products and technologies with you once again every year. Sungrow is honored to meet clients again at this exhibition. Sungrow has been actively expanding its presence in the Korean market, focusing on offering high-quality products and exceptional customer service. For instance, we has partnered with Samsung C&T Corporation for the 814MWac solar project in Qatar, and we are looking forward a greener future with our partners.” About Sungrow Sungrow Power Supply Co., Ltd. (“Sungrow”) is a global leading PV inverter and ESS provider with over 515 GW of power electronic converters installed worldwide as of December 2023. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and ESS for utility-scale, commercial & industrial, and residential applications, as well as internationally recognized floating PV plant solutions, NEV driving solutions, EV charging solutions and renewable hydrogen production systems. With a strong 27-year track record in the PV space, Sungrow products power over 170 countries worldwide. For more information about Sungrow, visit: www.sungrowpower.com.View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/green-energy-expo-2024-sungrow-unveils-its-innovative-solar-plus-storage-solutions-to-facilitate-south-koreas-energy-transition-302128750.html SOURCE Sungrow Power Supply Co., Ltd.

  • IBM, Government of Canada, Government of Quebec Sign Agreements to Strengthen Canada’s Semiconductor Industry
    on April 26, 2024 at 2:20 pm

    Up to $187M CAD to be invested to progress expansion of chip packaging capacity and capabilities and to strengthen R&D at IBM Canada’s Bromont plant BROMONT, QC, April 26, 2024 /PRNewswire/ — IBM (NYSE: IBM), the Government of Canada, and the Government of Quebec today announced agreements that will strengthen Canada’s semiconductor industry, and further develop the assembly, testing and packaging (ATP) capabilities for semiconductor modules to be used across a wide range of applications including telecommunications, high performance computing, automotive, aerospace & defence, computer networks, and generative AI, at IBM Canada’s plant in Bromont, Quebec. The agreements reflect a combined investment valued at approximately $187M CAD.“Today’s announcement is a massive win for Canada and our dynamic tech sector. It will create high-paying jobs, invest in innovation, strengthen supply chains, and help make sure the most advanced technologies are Canadian-made. Semiconductors power the world, and we’re putting Canada at the forefront of that opportunity,” said the Right Honourable Justin Trudeau, Prime Minister of Canada In addition to the advancement of packaging capabilities, IBM will be conducting R&D to develop methods for scalable manufacturing and other advanced assembly processes to support the packaging of different chip technologies, to further Canada’s role in the North American semiconductor supply chain and expand and anchor Canada’s capabilities in advanced packaging. The agreements also allow for collaborations with small and medium-sized Canadian-based enterprises with the intent of fostering the development of a semiconductor ecosystem, now and into the future. “IBM has long been a leader in semiconductor research and development, pioneering breakthroughs to meet tomorrow’s challenges. With the demand for compute surging in the age of AI, advanced packaging and chiplet technology is becoming critical for the acceleration of AI workloads,” said Darío Gil, IBM Senior Vice President and Director of Research. “As one of the largest chip assembly and testing facilities in North America, IBM’s Bromont facility will play a central role in this future. We are proud to be working with the governments of Canada and Quebec toward those goals and to build a stronger and more balanced semiconductor ecosystem in North America and beyond.” IBM Canada’s Bromont plant is one of North America’s largest chip assembly and testing facilities, having operated in the region for 52 years. Today, the facility transforms advanced semiconductor components into state-of-the-art microelectronic solutions, playing a key role in IBM’s semiconductor R&D leadership alongside IBM’s facilities at the Albany NanoTech Complex and throughout New York’s Hudson Valley. These agreements will help to further establish a corridor of semiconductor innovation from New York to Bromont.  “Advanced packaging is a crucial component of the semiconductor industry, and IBM Canada’s Bromont plant has led the world in this process for decades,” said Deb Pimentel, president of IBM Canada. “Building upon IBM’s 107-year legacy of technology innovation and R&D in Canada, the Canadian semiconductor industry will now become even stronger, allowing for robust supply chains and giving Canadians steady access to even more innovative technologies and products. This announcement represents just one more example of IBM’s leadership and commitment to the country’s technology and business landscape.” Chip packaging, the process of connecting integrated circuits on a chip or circuit board, has become more complex as electronic devices have shrunk and the components of chips themselves get smaller and smaller. IBM announced the world’s first 2 nanometer chip technology in 2021 and, as the semiconductor industry moves towards new methods of chip construction, advances in packaging will grow in importance.  “Semiconductors are part of our everyday life. They are in our phones, our cars, and our appliances. Through this investment, we are supporting Canadian innovators, creating good jobs, and solidifying Canada’s semiconductor industry to build a stronger economy. Canada is set to play a larger role in the global semiconductor industry thanks to projects like the one we are announcing today. Because, when we invest in semiconductor and quantum technologies, we invest in economic security.” — The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry “This investment by IBM in Bromont will ensure that Quebec continues to stand out in the field of microelectronics. An increase in production capacity will solidify Quebec’s position in the strategic microelectronics sector in North America.” — The Honourable Pierre Fitzgibbon, Minister of Economy, Innovation and Energy, Minister responsible for Regional Economic Development and Minister responsible for the Metropolis and the Montreal region About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in semiconductors, AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.  Media ContactLorraine BaldwinIBM Canadalorraine@ca.ibm.com  Willa HahnIBM ResearchWilla.Hahn@ibm.com   SOURCE IBM

  • Offering Upgrading Products, Empowering the World with Green Energy! BatteroTech Taking Center Stage at Green Energy Expo 2024 Held in Korea
    on April 26, 2024 at 12:14 pm

    JIAXING, China, April 26, 2024 /PRNewswire/ — At the Green Energy Expo 2024 held at Daegu Exhibition Convention Center (EXCO) from April 24 to 26, BatteroTech showcased a full range of its energy storage solutions, including battery cells such as 50Ah, 53Ah, 65Ah, 72Ah, 115Ah, and 280Ah, and power storage systems such as 1P16S air cooling battery pack, 1P52S liquid cooling battery pack, and 1P416S BTL liquid cooling outdoor cabinet, which can meet the specific needs of residential, commercial, and industrial energy storage and other fields. In particular, the upgraded 314Ah cell with a prolonged cycle life and the 1500V BTL liquid cooling outdoor cabinet designed for industrial, commercial, and distributed energy storage have attracted wide attention.Many visitors stopped at BatteroTech’s booth for more details and thought highly of its products. BatteroTech’s next-generation 314Ah cell, which has made an impressive debut at the expo, is developed based on continuous optimization and upgrading features, has a further improvement in performance, boasts a cycle life of more than 12,000 times, and achieves a rate of capacity fade of 3% and less in the first year of use under typical working conditions. Its discharge capacity retention rate is more than 90% at -30℃, and its storage life is 20 years and beyond, with 80% of its capacity retained at the end of its life. 314Ah cell was officially unveiled last May featuring “precise nominal capacity and high cost performance”, and its off-line ceremony was held last September. The first batch of 314Ah cells were rolled off the production line in just 3 months. This product is currently in mass production.The 1500V BTL liquid cooling outdoor cabinet is an energy storage system product with independent industrialized design. Under the concept of super safety, ultra-high level of protection, and being highly intelligent, the product is designed to provide a comprehensive energy storage system solution. Below are its major advantages and features: High flexibility and integrationFeaturing integrated design from a combined mechanical, electrical and thermal perspective, the cabinet has a small footprint and is easy to transport, which applies to large, industrial and commercial scenarios. Real-time monitoring and all-round protectionWith a three-level architectural design for real-time data transfer, and an overall protection rating of IP55, the cabinet features a temperature difference of less than 5℃ inside, making it applicable to severe conditions. Safety pre-warning and intelligent fire protectionThe BMS real-time monitoring can fully ensure system safety. The level-3 intelligent fire protection system integrates pack-level fire-fighting measures including perfluorohexanone, aerosol, and water immersion, ensuring both active and passive fire protection. One-stop intelligent managementTogether with the smart AI system, the cloud-based intelligent control, which helps reduce human resource investment, enables remote monitoring and management, and supports expansion and upgrading, ensuring quality services to customers. For more information, please visit BatteroTech’s official website: https://en.batterotech.com/ BatteroTech Co., Ltd. is a lithium battery manufacturer dedicated in the new energy industry which is invested by Tsingshan Industry, one of the Fortune 500 companies. BatteroTech is mainly engaged in the research and development, production and marketing of lithium batteries, battery modules, battery systems, etc. and committed to providing world-class solutions and services for new energy vehicle manufacturers and electric power investors who aim to achieve the goal of “Carbon Peaking and Carbon Neutrality”. The company has set up R&D centers and manufacturing bases respectively located in Shanghai and Jiashan.View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/offering-upgrading-products-empowering-the-world-with-green-energy-batterotech-taking-center-stage-at-green-energy-expo-2024-held-in-korea-302128646.html SOURCE BatteroTech