14 10 月, 2022

Fujitsu, Keio Research Institute at SFC lay foundation for a Trustable Internet

TOKYO, Oct 13, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu and the Keio Research Institute at SFC today published a white paper on the concept of a Trustable Internet, which enables verification of the authenticity of data on the Internet in a general-purpose manner by adding a new layer, the so-called "Endorsement Layer," between the existing Internet layer and the app/web layer. The white paper contains the results of research conducted at the "Trusted Internet Architecture Laboratory"(1).Figure: Endorsement Layer ImageTrustable Internet will enable users to confirm the credibility of various data on the Internet that has previously been difficult to verify based on additional information related to the generation and processing of the data, information on confirmation and evaluation by third parties that have viewed the data, and information on physical space related to the data (sensor data, etc.). This enables users to judge the credibility of data from a variety of perspectives to ultimately prevent the use of unverified data and the spread, unintentional or otherwise, of false and unverified information ("fake news").Moving forward, Fujitsu and the Keio Research Institute at SFC will promote the development of new technologies at the Trusted Internet Architecture Laboratory with the aim to contribute to the realization of a "Trustable Internet" by fiscal 2028 by implementing an "Endorsement Layer," apps and browser functions to verify the authenticity of data from users' devices.Fujitsu and the Keio Research Institute at SFC initially presented the "Trustable Internet" concept at the W3C (World Wide Web Consortium) annual meeting and the W3C TPAC 2022 meeting (September 12-16, 2022) and defined the concept based on the opinions of various experts.BackgroundThe intentional spread of false or unverifiable information and data on the internet represents a growing threat to society, and by some estimates so-called "fake news" costs the global economy at least $78 billion per year(2).Conventional methods to ensure the authenticity of data include data tracking systems such as document approval management systems and luggage delivery tracking systems that use individual methods to record data trails.However, the verification of large amounts of information on the Internet remains a difficult task, highlighting the need for a general-purpose method to prove the authenticity of data.To address these issues, Fujitsu and the Keio Research Institute at SFC published their white paper outlining the concept of a "Trustable Internet" as a result of the research at their joint research base, the Trusted Internet Architecture Laboratory, which was established in April 2022. Through their joint research, the two parties aim to promote R&D of technologies that enable the exchange of trusted data on the Internet by combining their knowledge and know-how to resolve issues related to data authenticity.The Keio Research Institute at SFC, the Japanese base of the W3C, has been promoting standardization of web technologies since the 1990s, and is at the forefront of the global standardization of the Internet through various activities. Fujitsu has been an active player in IT since the early stages of the Internet, and possesses various technologies and knowledge, including well-established security-related technologies as well as recently developed leading-edge technologies including a self-sovereign identity technology to interconnect different identity infrastructures.OutlineThe concept of a Trustable Internet represents a new approach to simplify the verification of the authenticity of data on the Internet. Within this approach, the originator or a third party can add background information as authenticity proof of the original data and verify data by adding an "Endorsement Layer" to the Internet layers that is shared with the users. This configuration can be implemented without impacting the existing Internet, and allows Internet users to use the Internet and applications as usual, and, if necessary, obtain necessary information to verify the authenticity of data and information.Additional information that can be used to verify the authenticity of data can be provided by people and devices at the time of data generation (information on the name, affiliation, and qualifications of the creator of the data [person or corporation] or used device, place, and date and time). Further, additional information including verifications and evaluations of third parties such as independent experts and information obtained from physical spaces including sensor measurements can be added after the data is generated. Users can search and check additional information necessary to verify the authenticity of data on the Internet in the Endorsement Layer, where information will be stored as graph data.In this way, users can evaluate data authenticity from a multifaceted perspective, which makes data-driven decisions more accurate and helps to prevent the spread of unverified data.Trustable Internet White Paper v 1.0 (PDF format) (bit.ly/3yyoKqo)Trustable Internet concept video (bit.ly/3CTJ1cm)Trusted Internet Architecture Laboratory Organization- Director: Professor Osamu Nakamura (Faculty of Environment and Information Studies, Keio University)- Associate Director: Professor Jun Murai (Keio University)- Associate Director: Project Professor Shigeya Suzuki (Graduate School of Media and Governance, Keio University)- Researchers from the Keio Research Institute at SFC and Fujitsu (approx. 20 members)(1) Trusted Internet Architecture Laboratory :The Trusted Internet Architecture Laboratory was established as a part of the activities of the Fujitsu Small Research Laboratory; Fujitsu researchers will work indefinitely or for extended periods of time at the Trusted Internet Architecture Laboratory, aiming to accelerate joint research, discover new themes, develop human resources, and build medium- to long-term relationships with the university.(2) Fake news imposes a cost on the global economy of at least $78 billion per year :The Economic Cost of Bad Actors on the Internet: Fake News | 2019About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.About the Keio Research Institute at SFCThe Keio Research Institute at SFC was established in 1996. In its capacity as an academic entity and research institute affiliated with the Graduate School of Media and Governance, Graduate School of Health Management, Faculty of Policy Management, Faculty of Environment and Information Studies, and Faculty of Nursing and Medical Care, the institute serves as a platform for promoting advanced research activities and collaborative initiatives involving the community and local regions. By 2021, the institute had more than 40 laboratories (transdisciplinary research groups with advanced research missions) and more than 30 SFC research consortiums (joint research deployed by the Keio Research Institute at SFC in conjunction with a number of external organizations), and together with approximately 500 senior and guest researchers from various industries, government, and academia, aims to develop unique research to create a vital society. In this manner, the Keio Research Institute at SFC has a wealth of experience and a proven track record in the creation of pioneering knowledge through collaborations among industry, government, and academia. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

15 7 月, 2022

MEXC Global Lists $MYST by Mysterium Network, a Cryptocurrency to Fight Growing Internet Censorship Worldwide

Switzerland, Jul 14, 2022 - (ACN Newswire via SEAPRWire.com) - Major cryptocurrency exchange MEXC Global has listed $MYST token by Mysterium Network (www.mysterium.network), the Swiss-based Web 3.0 company challenging the $30 billion VPN industry with its next-generation anonymity network. Trading of the MYST-USDT (www.mexc.com/exchange/MYST_USDT) pairs opens at 12:00 p.m. UTC on Thursday, July 14, 2022.The VPN market is estimated to reach more than $77 billion by 2026. With increasing censorship, shutdowns and surveillance online, over a quarter of the world's internet users depend on a VPN for daily internet access. Most recently in Sudan, authorities cut off access to the internet to disrupt anti-government protests being held nationwide. Internet disruptions also come at a great cost to the global economy. In 2022, a total of over 19,000 hours of downtime cost the worldwide economy more than $10 billion."These kinds of internet shutdowns are becoming common practice by governments around the world. Saldy, they are increasing in number, rather than slowing down. While there are some great initiatives and campaigns to call out these abuses of power, including from the UN High Commissioner for Human Rights, we need to focus on building internet infrastructure and tools that are resistant to shutdowns and censorship," says Donatas Grinkas, Head of Mysterium Network.Mysterium's open-source web infrastructure is making the internet borderless and accessible for all. The network is made up of tens of thousands of exit nodes spread across more than 130 countries. These nodes are run by everyday people using devices such as computers and Raspberry Pis to share their IP addresses to users and businesses around the world in exchange for MYST, a utility token native to the network. There are already thousands of nodes around the world earning passive income daily (https://mystnodes.com), providing a secure line of communication and access to the open internet. This peer-to-peer marketplace lays the groundwork for all kinds of services to be built, including the project's flagship product, the Mysterium VPN (www.mysteriumvpn.com), available for Android, Windows, Mac and Linux (iOS in 2022). Developers and entrepreneurs can build encrypted, censorship-resistant tools using the open APIs, while businesses can plug into the network via the B2B service, Lavafy. Launched in 2020, Lavafy is already being used by five VPN clients."Regular VPNs are just a band-aid fix for what is a deeply flawed infrastructural problem, which is why we're trying to build a solution that fixes things on the deeper protocol and networking level. Peer-to-peer networks like ours allow users everywhere to easily share web resources with each other, such as storage, computing power and now internet access. The goal is to ensure information flows around the web freely, without any unethical blocks from self-interested corporations and governments," says Grinkas.More information about Mysterium can be found at mysterium.networkDiscover the dVPN at MysteriumVPN.com or run a node and earn crypto with MystNodes.comAbout Mysterium NetworkMysterium Network is an open-source ecosystem of tools and infrastructure making the internet borderless and accessible for all. Founded in 2017 in Switzerland, Mysterium's protocol is designed to break virtual barriers, giving users equal access to information. Anyone can join the peer-to-peer marketplace to rent their unused bandwidth and IP address to a global community. The project's flagship product, Mysterium VPN, is available for Android, Windows, Mac and Linux.Mysterium held a successful token sale through which it raised $14 million CHF. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

21 4 月, 2022

Princeton Digital Group and The Indonesian Internet Service Provider Association announce a strategic partnership to boost Internet connectivity in Indonesia

JAKARTA, Apr 21, 2022 - (ACN Newswire via SEAPRWire.com) - Princeton Digital Group, Asia's leading data center provider, and The Indonesian Internet Service Provider Association (APJII) announced a collaboration to further elevate Indonesia's internet infrastructure.This strategic partnership will help APJII members in Jakarta, Bandung, Surabaya, and Pekanbaru to have easy access to the Indonesia Internet Exchange (IIX) and strengthen the internet connectivity infrastructure in Indonesia. This collaboration will also include PDG's 22MW Jakarta Cibitung 2 (JC2), a new greenfield development that PDG launched recently.APJII is a long-established association with over 700 internet providers and over 3,000 corporate members. The association provides members with several strategic services, including access to IIX, assistance, seminars and training, and industry-related insights. These services are provided to support its members in providing quality Internet services for Indonesians, in line with the Indonesian government's program to strive towards digital transformation through building the country's digital and internet infrastructure inclusion to expand connectivity across the archipelago.With an internet penetration rate of 73.7% in 2021, an increase from over 64.8% in 2018, and 95% of the population in the country accessing the internet via smartphones, Indonesia is poised to be a hyperscale market for data centers. According to Structure Research, the data center colocation market in Jakarta is expected to grow at a CAGR of 23.7% through 2020 to 2025, indicating massive growth ahead. Chairperson of APJII, Muhammad Arif, said, "As the Internet penetration rate continues to grow, APJII must anticipate the needs of the internet infrastructure, including internet xchange nodes and data center, in terms of capacity, reliability, and efficiency. APJII commits to support Indonesia's vision to become the largest digital economy power in the region and strengthen internet sovereignty." However, the Indonesian market is highly fragmented. Many Internet Service and Content Providers try to get access to IIX. With this partnership, PDG opens more options in terms of location. This will help by facilitating members of APJII to reach more digital content by leveraging PDG's expanded footprint in the market. The move will enable the content providers to collocate with PDG to garner easy access to IIX. At the same time, APJII is able to expand its community and provide broader Internet services for Indonesians. "To build a stronger digital infrastructure in Indonesia and contribute to the nation's upliftment at large is at the core of PDG. Being at the center of explosive economic growth and rapid digitalization by the government sector in Indonesia, PDG is well-poised to serve global cloud companies, domestic internet companies, and enterprises with unmatched scalability, connectivity, and reliability," said Stephanus Tumbelaka, Managing Director of Indonesia, Princeton Digital Group. About PDGPrinceton Digital Group (PDG) is a leading developer and operator of Internet infrastructure. Headquartered in Singapore with presence and operations in China, Singapore, India, Indonesia, and Japan, its portfolio of data centers powers the expansion of hyperscalers and enterprises in the fastest-growing digital economies across Asia. For more information, visit www.princetondg.com or follow us on LinkedIn.About APJIIThe Association of Indonesian Internet Service Providers, known as APJII, was formed at the First National Conference in Jakarta on May 15, 1996. APJII is a well-known association that supports Internet development in Indonesia. As the association that is the organization of internet service providers, APJII is also the "operator" of the Indonesia Internet Exchange (IIX). APJII is a society-based organization that regulates IIX on a non-profit basis to support an efficient interconnection amongst internet service providers who hold internet service operating licenses in Indonesia. The presence of IIX, which APJII owns and manages, has effectively increased the speed of internet access for the people of Indonesia.Media ContactsPrinceton Digital GroupGrace ChenPR@princetondg.comPRecious Communications for Princeton Digital GroupPDG@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

29 10 月, 2021

China’s New Regulation on Internet Healthcare Will Benefit Platforms like WeDoctor

HONG KONG, Oct 29, 2021 - (ACN Newswire via SEAPRWire.com) - On 27 October, China's National Health Commission (NHC), the authority responsible for the medical industry, issued a new policy that calls for the regulation of China's fast-growing internet healthcare industry. The policy is expected to push China's internet healthcare industry from the period of minimal regulatory constraints into the era of standardized development.According to the NHC, as of June 2021, the number of internet hospitals in China has exceeded 1,600, the internet hospital is the provider of online medical services such as online consultations. The first Internet hospital in China was established in 2015 in Wuzhen, Zhejiang province by digital medical service platform WeDoctor.This policy has generated widespread interest within the Chinese healthcare industry since its release, and the regulatory measures taken by Beijing on the education and training industry since the third quarter of this year have caused participants in various industries to be very concerned about the potential impact of the regulation. Unlike the education and training industry, the regulatory policy on online medical consultation has been well received within the industry, with the release of the policy seen as beneficial to the development of the internet healthcare industry, especially for some of large digital medical platforms that engage strictly online medical services.The document, titled "Rules on the Regulation of Online Medical Consultation (Draft for Comments)", states that physicians are required to authenticate their real identity before providing consultations to ensure that such online consultations are provided by the said doctor. Other people, AI software, etc. are not allowed to impersonate or replace the physicians themselves. As a result, some companies that focusing on using AI technology to provide consultation services may be negatively impacted.China does not allow internet healthcare platforms to use consultations as a tool for the sale of prescription drugs. The policy proposes that the occurrence of unified prescriptions and prescription refills is prohibited, that the personal income of healthcare workers must not be linked to income from drugs and medical examinations, and that doctors must not designate locations to purchase drugs and consumables.In a report published by the People's Daily, Liao Jieyuan, founder of China's largest digital medical service platform WeDoctor, believes that the policy has released a clear signal that online medical consultation should be of the same quality as that provided by physical institutions, reflecting China's determination to develop digital medical services, which is essential for the standardized development and market expansion of the Internet healthcare industry.The healthcare services and physical hospitals nowadays in China are unable to meet the huge demand of its 1.4 billion population. Platforms such as WeDoctor have leveraged technology to help alleviate the demand and supply imbalance in China's healthcare industry. According to a publicly released research report by CICC, with the regulatory policies for internet healthcare becoming more transparent and standardized, companies providing actual medical services with a sound regulatory compliance system are expected to benefit the most.(Source: Bloomberg Terminal) Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

20 8 月, 2021

Why Tencent (HKSE:0700.HK) chose the development path of social common wealth

Hong Kong / TickerInsider / August 20, 2021 / Tencent announced a $50 billion investment to launch the “Common Wealth Special Program” 3 days ago. The money will be invested in the basic livelihood areas of Chinese society. Just four months ago, Tencent proposed its “Sustainable Social Value Innovation” strategy, with the first $50 billion invested in basic science, carbon neutrality and other cutting-edge fields. Two $50 billion investments, one for the future and one for the present. Tencent, 0700.HK, 700HK —Tencent Holdings Limited (HKSE:0700.HK)Trade Date: 2021-08-19Open: $448.00, Close: $421.20, Low: $419.20, High: $450.80, Change: $-26.80Country: CN, Currency: HKD, Industry: Internet Content & Information, SectorCommunication Services——- As the core force of China’s Internet industry, what is Tencent doing this for? 11 years ago, Tencent was forced to adopt an open-door policy On November 20, 2010, China’s Ministry of Industry and Information Technology issued a circular criticizing the malicious competition between two companies, Tencent and 360. On the same day, Zhang Xiaolong led a small team of six or seven people to start developing a software called “Weixin” in a small corner of Guangzhou. This was the beginning of the most shining product in the history of the Chinese Internet. In the next 10 years, Tencent began to transform itself. Ma Huateng said, “We will try to inject more elements of openness and sharing into the future development of Tencent. We will more actively promote platform openness and pay attention to the harmony of the industrial chain, because Tencent’s dream is not to make itself the strongest and largest company, but the most respected company.” After six months of brewing, on June 15, 2011, Tencent held its first “Partner Conference” and announced its “Open Strategy”, proposing to “recreate a Tencent” outside of Tencent. “. Tencent began to export its capabilities to the outside world: to share the wealth and create together, ten years later. Eleven years later, Tencent has driven the common wealth effect of China’s InternetOver the past decade, whenever Tencent’s financial reports are released, calculating the annual salaries of Tencent employees based on them has become a “routine” hotspot for some media reports. Today, this latest figure climbs to 940,000 yuan. Although this calculation is not scientific, Tencent’s generosity and high benefits for its employees, and its status as the core target of the “King of Shares”, are already the consensus of the industry. Tencent has not only enabled more than 90,000 employees and investors to receive high returns, but this “common wealth” also extends to its open platform partners. Ma Huateng mentioned a vision in his public speech. He said Tencent “hopes to make the world free of buried talents.” In September 2016, more than five years after the implementation of Tencent’s open strategy, the cumulative revenue distributed to entrepreneurs on Tencent’s open platform exceeded RMB 10 billion. If you count the individuals at the top of the list, by 2015, 50 billionaires had been born on Tencent’s open platform and 20 listed companies had grown. Today, Tencent has driven employment opportunities to nearly 30 million through the WeChat ecology, which is jointly composed of public numbers, small programs, WeChat Pay, and enterprise WeChat. A large number of creators and entrepreneurs have achieved success in the WeChat ecology. Tencent’s open strategy has also enriched the Internet startups and employees invested by Tencent. As of January 2020, Tencent has invested in more than 800 companies, of which more than 70 have gone public and more than 160 have become unicorns with a market capitalization or valuation of more than $1 billion. A large number of entrepreneurs have realized their personal value and become rich with the help of Tencent. In turn, the companies founded by these entrepreneurs have directly driven millions of employees to work in the Internet industry. This is the “common wealth” of Tencent and the entire Chinese Internet. Common Wealth and Co-creation In the evolution of Tencent’s open strategy, Tencent has repositioned itself as a “connector” in the Internet industry, becoming a provider of Internet infrastructure and capabilities, connecting with outstanding companies in the industry, helping them launch innovative products and succeed together. The letter sincerely stated that Tencent recognizes that no matter how big a company is, its capabilities are limited, and that many industries are deeply specialized, and that only through open collaboration can we create a win-win future. Tencent began to invest and help more small and medium-sized entrepreneurs. The model of “common wealth and common creation” has accelerated the progress of China’s Internet ecosystem. Since 2011, Tencent’s open strategy has made it a leader in the “common wealth” of the Chinese Internet, and Tencent has become a respected company in the Internet industry. Today, more than one billion users in China use WeChat every day, and the color of culture is life. WeChat has been deeply integrated into Chinese people’s lives and blended with Chinese culture. Rather than saying that WeChat is changing the lives of Chinese people, we should say that Chinese culture is quietly changing WeChat. From QQ to WeChat, Tencent’s corporate culture has also changed as a result. While Chinese culture has changed WeChat, it has also profoundly influenced Tencent. Along with this, Tencent’s cultural consciousness in revitalizing traditional culture has led it to make pioneering works: the heroes of “Glory of Kings” are mostly taken from Chinese history, and it has created digital cultural and cultural windows such as “Yunyou Dunhuang” and “Digital Forbidden City”, allowing traditional cultural IPs to enter games, comics and movies…. …Tencent has advocated “new culture and creativity” in recent years, striving to create traditional Chinese cultural symbols with global influence, showing its ambition to commit to traditional Chinese culture. Traditional Chinese culture has changed Tencent’s products and quietly changed Tencent’s values and business practices. Technology-oriented goodness As a commercial company, Tencent operates in accordance with a modern company, while at the same time Tencent proposes an open strategy, willingly acting as an industry assistant and helper and sharing benefits with its partners. Tencent Public Welfare Charity Foundation is the first public welfare foundation initiated by an Internet company in China. By the end of 2020, the total amount of donations raised was 11.58 billion yuan, and Tencent’s accumulated donations were 6.4 billion yuan. Now, the “common wealth and co-creation” model is recognized by more and more entrepreneurs. Letting advanced companies invest in themselves and empower themselves has become a preferable option for Internet entrepreneurs. Tencent has helped startups to “share the wealth and create together”, while also reaping lucrative commercial rewards. Of the more than 800 companies Tencent has invested in, 15 have generated a return of more than $1 billion, benefiting both people and the company. Ma Huateng once concluded that this “decentralized” open strategy has turned “a big tree” into “a forest”. This is also an important reason why Tencent has grown so big. The premise of “common wealth and common creation” is that we must first have the ability and resources to help others. Faced with the capacity crisis brought by the “open strategy”, Tencent did not choose to retreat. On September 30, 2018, Tencent made one of the largest structural adjustments in its history. Tencent integrated most of its consumer Internet businesses into the Platform and Content Group (PCG), focusing on improving its technical capabilities, vigorously carrying out “industrialization” construction, and reconstructing its content power. At the same time, Tencent has newly established the Cloud and Smart Industry Group (CSIG) for the industrial Internet. This is Tencent’s new judgment: industry trends are changing, and the consumer Internet is shifting to the industrial Internet. Tencent will systematically export its accumulated experience and capabilities to be a “digital assistant” for the upgrading of China’s traditional industries. A community of destiny for Chinese society In April 2021, Tencent embarked on its fourth strategic upgrade and put forward its “Sustainable Social Value Innovation” strategy. Tencent’s open strategy further extends to the entire society. The broader context is that, with the rapid development of the Internet industry, the relationship between large Internet companies, represented by Tencent and Ali, and Chinese society is changing. On the one hand, Internet majors and Chinese society have formed a community of destiny. Whereas in the previous two decades, Chinese Internet companies were fundamentally able to grow rapidly by virtue of China’s demographic dividend and by benefiting from the infrastructure provided by society, they have now become integrated with Chinese society. Tencent’s users cover the vast majority of China’s population; some of Tencent’s products, such as WeChat Pay, have become something like an “infrastructure”. On the other hand, the big Internet companies have also reached a new stage of giving back to society. Internet companies have accumulated a huge amount of digital energy, where will they go in the future, for good or for evil? What is their role in the governance structure of the state and society, and how can they contribute to the development of society rather than vice versa? In April 2021, Tencent proposed its “Sustainable Social Value Innovation” strategy to put this statement into practice: basic science, education innovation, rural revitalization, carbon neutrality, FEW (Food, Energy and Water), public emergency response, elderly technology, and digitalization of public welfare…… The areas in which the first $50 billion in funding will be invested may not seem relevant to Tencent, but they are closely related to the Chinese society in which Tencent has its roots. Tencent has chosen to take the initiative to become a “servant of society”. On August 18, Tencent pushed this strategy deeper. The new 50 billion yuan “Common Wealth Special Program” will focus on people’s livelihoods today, with continued investment in areas such as increasing income for low-income earners, helping to improve medical assistance, promoting economic efficiency in rural areas, and funding inclusive education sharing. Over the past two decades, Tencent, like other leading Internet companies, has grown into a new type of technology company that serves almost the entire population. As a commercial company, it is not an easy choice to control its own desire for unlimited expansion and help others to progress together. In the past decade, through its open strategy, Tencent has taken on the responsibility of being the “first to get rich and advanced” in the industry, helping China’s Internet and traditional industries to progress together. Today, after becoming “bigger”, Tencent intends to explore a unique development path for Chinese Internet companies: Since energy comes from society, it will also go to society. Tencent is a unique business approach rich in traditional Chinese culture. It is also the natural choice of a business company that is rooted in Chinese society and imbued with traditional Chinese culture. SOURCE: https://tickerinsider.com/technologies/tencent-0700hk-social-common-wealth/ PRESS CONTACTJason QuinteroIndustry Insights DeptTickerInsider News NetworkEmail: industry.insights@tickerinsider.com

10 5 月, 2021

Global Internet of People Inc. Posts Robust 2020 Business Growth

SHANGHAI, May 7, 2021 - (ACN Newswire) - Global Internet of People, Inc. (NASDAQ:SDH), an operator of a knowledge sharing and enterprise service platform via mobile application and through local centers in China, is one of the few knowledge-sharing platform companies that has reported robust business performance in the past year. The company has posted strong growth and generated $23.18 million revenue in 2020, representing a 29.28% increase from the same period of 2019. Its net income was $11.96 million in 2020, also growing by 27.51% from the same period of 2019. These were all driven by strong corporate client demand for gaining an insight into how to deal with such a "black swan" event as the COVID-19 pandemic.SDH worked hard in developing digitalization-related services in 2020 to support enterprise clients seeking a recovery via industrial innovations during the pandemic period. The company invited experienced entrepreneurs, investors and scientists to share their counter COVID-19 strategies in marketing, service and digital innovations and jointly held global capital market summit to help establish a platform for dialogue so that enterprise clients were able to inter-communicate and seek potential cooperation in projects and investments through a digitalized connection. SDH is able to therefore report a 446% growth in online services during the fiscal year 2020.The company also enhanced its customized in-depth consultation services in investment and fundraising, IPO listing guidance, financing resources sharing, strategic planning, and in business operation and incubation as it continues to build an ecosystem that possesses the know-how of supporting corporate clients' innovative business growth with the most needed knowledge and resources. As a result, SDH generated $13.35 million revenue from providing customized services, which attributed 58% sales to the total revenue generated during fiscal year 2020 and also represented a 132.78% increase year over year from the same period of 2019."The more pressure that faces entrepreneurs, the more they need intellectual empowerment and help. Sharing wisdom and arming the vast number of small and medium-sized entrepreneurs with this wisdom of industry experts is the best way to promote high-quality economic development, achieve scientific entrepreneurship and boost the overall efficiency of our society," said Mr. Haiping Hu, Chairman of the Board and Chief Executive Officer of SDH. "In today's new economic era, change will become the norm, and it is all the more necessary for entrepreneurs to enhance their wisdom, spontaneously respond to the changing trends and lead their ways in innovation. SDH is willing to join hands with more regions and enterprises to achieve this goal of smart industrial development."Media ContactCompany: Global Internet of People, Inc.Email: IR@sdh365.comContact: Shousheng GuoTelephone: +86-13681593245Website: http://www.sdh365.com/SOURCE: Global Internet of People, Inc.

29 3 月, 2021

WANKA ONLINE INC. (1762.HK) Recorded a Total Revenue of RMB1,726.75 million in 2020, Android Ecological Construction Has Achieved Remarkable Results

HONG KONG, Mar 29, 2021 - (ACN Newswire via SEAPRWire.com) - WANKA ONLINE INC. (Stock Code: 1762.HK) announced the consolidated annual results for the year ended 31 December 2020 (the "Reporting Period") on 26 March. Despite the harsh environment affected by the COVID-19 epidemic, WANKA ONLINE stand with the participants of Android ecology, the Company is concerned about the health of the Android ecological environment all the time, and through constant investment in research and development to improve and enhance the professional ability and level, so that the Company can maintain a level of commitment. During the reporting period, WANKA ONLIE recorded a revenue of RMB1,726.75 million. The gross profit, operating profit and profit for the year attributable to owners of the parent of WANKA ONLINE were RMB242.75 million, RMB95.12 million and RMB66.81million respectively.In 2020, WANKA ONLINE strengthened its relationship with Chinese mobile phone manufacturers and mobile distribution channel providers by actively deepening and diversifying its cooperation, which in turn provided them with quality mobile internet contents on a continuous basis. While deepening its existing partnerships, the Company also continued to explore new partnership opportunities by leveraging its excellent placement efficiency. In respect of industrial customers, the Company strengthened its risk control management in response to the pandemic impacts by adopting a much more prudent approach to screen potential quality customers, tracking the promotion scale and repayment conditions of small and medium-sized new customers, and maintaining ongoing communication with existing customers so as to ensure the safety and stability of its main business operation. Due to the pandemic impact, customers across a spectrum of industries generally reduced their marketing budgets, and the demand for mobile distribution slowed down, which has led to a year-on-year decrease in the Company's mobile distribution. During 2020, revenue from its mobile advertising service amounted to RMB1,663.6 million, representing a decrease of 26.9%, while revenue from its online-video distribution services and game co-publishing services in 2020 amounted to RMB55.4 million and RMB7.8 million, respectively. As at 31 December 2020, WANKA ONLINE had co-published 26 mobile games in China. In line with the stabilizing pandemic conditions and improving economic conditions in 2021, however, the Company expect the demand for mobile distribution and placement will grow, resulting in an upward trend of the mobile distribution industry. In addition, based on the close relationship with mobile phone manufacturers, WANKA ONLINE continues to help mobile phone manufacturers to build value-added mobile Internet services, help developers to realize monetization, and expand new sources of traffic channels. In order to comply with the trend of video, WANKA ONLINE has built video business around mobile phone manufacturers. With the popularity of 5G mobile phones, the business of this sector is expected to accelerate growth.The DAPG platform represents its key instrument to connect with a wide range of Android mobile internet participants with efficient placement services. Despite the challenging environment, the Company will be committed to its continued investments in the research and development on the DAPG platform for the purposes of continuous update at any moment, and as a result of which it is expect to continue to develop new technologies, which will enable the Company to remain as the leader of the fast-moving mobile internet market and provide more accurate placement services. During the Reporting Period, the research and development expenses increased by 61.9% to RMB73.5 million. In light of the accumulated data and experience derived from the DAPG platform's outstanding placement efficiency, the DAPG platform has multi-dimensional scalability, providing customized distribution services to different presentation methods in more industry sectors. In 2020, WANKA ONLINE developed functional modules that support innovative forms of placements such as interactive videos and interactive games, and the Company will expand the DAPG platform to cover more areas based on partnership requirements and market opportunities.WANKA ONLINE have provided various support and carried out layout around the Quick App ecosystem. In order to capitalize on the opportunities presented by the widely use of 5G technology. In 2020, Quick App has been launched in more than 170 countries and regions around the world, with more than 500 million monthly active users and more than 4 billion monthly users. Based on the Quick App technology, the Company promoted the cooperation in the area of Internet of Vehicles and launched the SaaS products in a timely manner, which provided a starting point for its strategic layout in the 5G era and allowed the Company to gain valuable experience. WANKA ONLINE believe that Quick App, as an excellent connection medium, can enable more traditional industries to become participants in the Android ecosystem.Despite the impact of the pandemic and the international situation, the Company continued to explore and lay out its network in overseas markets. In 2020, WANKA ONLINE accumulated extensive experience in the distribution and operation of mobile games overseas through the distribution of its self-developed mobile games in Hong Kong, Macau, Taiwan and overseas countries. The Company's mobile games also attracted positive response. In the future, with less uncertainties on and the gradual popularization of 5G technology, Chinese mobile phones and Quick Apps around the world, the Company will carry out more business cooperation overseas.Gao Dinan, the Chairman of WANKA ONLINE said, "Although the pandemic remains one of the factors of instability in 2021, we are confident that we will gradually get the business back on track in the coming year with the experience accumulated in 2020 and our robust business chain as a result of enhanced management as well as the recovery and continued growth of mobile distribution market. We will also continue to deepen our cooperative relationship with the upstream and downstream partners of the business chain. While ensuring the stable development of our existing business, we will endeavor to explore new businesses in synergy with our principal business, give full play to the scalability of the DAPG platform and expand more new markets with the potential of mobile Internet. Focusing on 'connectivity', in the field of Quick App, we will place emphasis on the traffic, development and user development. We will also continue to explore potential cooperation opportunities to make Quick App an important medium of artificial intelligence and Internet of Things in the 5G era." Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

20 1 月, 2021

Messaging apps Regain Control and Privacy with PunkPanda

LONDON, Jan 20, 2021 - (ACN Newswire) - PunkPanda, a UK-based technology startup, has launched a series of products to help Internet users and businesses reduce the risks of digitizing by providing military-grade encryption and all-around security. PunkPanda co-founder Matthew Connelly is creating a platform where people can communicate securely without worrying about privacy or security breaches. The company's ultimate goal is PunkPanda Universe, a communication ecosystem of commonly used tools to meet the needs of both personal and business users.PunkPanda's ecosystem includes PandaChat, PandaPost and PandaMeet, with PandaVault coming soon.Offering military-grade encryption to protect usersFor most Internet users, online communication services have been an essential part of our lives since the invention of the Internet and instant messaging. Now, they have become even more important to us, especially in the wake of outbreaks where physical interaction is a high-risk move for everyone.But online communication can be extremely risky. With any luck, people's data could end up being mined by large companies. But if unlucky, hackers could lock a user's passwords, banking information and sensitive files through the applications he or she uses, which is why Internet users should use communication services that are highly secure and respectful of privacy.If successful, it will be the first technology company in the world to create an all-in-one encrypted communications platform that offers a diverse range of services to meet the needs of individual and corporate users.PandaChat situates a solid foundation for the ecosystemInstant messaging services are the most commonly used online communication tool, which is why PunkPanda began developing PandaChat, a messaging application that connects all users. PandaChat is a privacy-centric messaging application built on the XMPP protocol and utilizes 256-bit encryption algorithms to protect users' privacy.Unlike some of the most popular social media or chat applications, PandaChat does not monitor user conversations or collect personal data because it uses end-to-end encryption to protect your information. Only the sender and the designated recipient have a digital key to decrypt the message, and not even PunkPanda has a key to decrypt the message. Even PunkPanda does not have the key to decrypt any messages sent by users.With PandaChat's ZAP and HIDE/UNHIDE features, users have the ultimate control over their messages. With the ZAP feature, users can erase their messages at any time and leave no trace of them. On the other hand, the HIDE/UNHIDE feature can hide and show messages at any time.Gaining worldwide traction from its launchRegarding the progress so far, co-founder Matthew Connelly revealed that the app has received 5,000 downloads in more than 25 countries. Since its launch in October 2020, the app has received 10 major updates to improve the user experience and new features."In everything, PunkPanda implements cutting-edge, military-grade encryption. There are so many ways to communicate with friends and colleagues these days, from online chats, video conferencing, audio calls, video calls, email and file transfers, that it is important for PunkPanda to understand how important privacy and security are in communication. the ultimate goal of PunkPanda is to raise the bar for data security on the internet," Matthew added.One step away from completing the ecosystemSince the launch of PandaChat three months ago, its development team has been working to release further products under the PunkPanda ecosystem.PandaPost, the essential email client, is protected by a high level of security. It allows users to send emails to anyone, even to non-PunkPanda users. Emails sent through PandaPost can only be viewed on PandaPost, giving users full privacy control over their content. PunkPanda's EMA file encryption and compression tools are also available together on PandaPost, as users can send EMA encrypted files on their email client.PandaMeet, a video conferencing and webinar tool built with the highest security standards, but designed to be very user-friendly. Launched last month, it allows everyone to understand what they are doing the moment they enter the meeting room. It's worth mentioning that the PunkPanda team hosted a Christmas celebration on the PandaMeet platform last year.Completing the final piece of their ecosystem is PandaVault, currently in development, a secure cloud storage platform that will provide basic free storage for all PunkPanda users, with additional storage available in the future at competitive prices. With the official debut of all services, PunkPanda hopes that all users will look forward to their new services and continue to provide them with positive input on how they can build better applications in the future.PunkPanda is available today on Google Play and the App Store, or the company's website: punkpanda.io.Media contact:Afshin Rifat, PUNKPANDAE:: support@punkpanda.ioT: +34 60 592 0633U: https://punkpanda.io Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

6 1 月, 2021

Mediwelcome: Key Player in the Gold Track, is Forming a Head Leading Advantage

HONG KONG, Jan 6, 2021 - (ACN Newswire) - In recent years, with the improvement of the economic level and the development of the aging population, as well as the unhealthy living habits of adolescents and other factors, the incidence of cardiovascular and cerebrovascular diseases has shown an obvious trend of increase. According to the report, there are about 391 million patients with cardiovascular and cerebrovascular diseases in China in 2019, accounting for about 26.8 percent of the national total population. The number of patients with cardiovascular and cerebrovascular diseases in China is expected to further increase to about 429 million in 2024.In this huge market space, Mediwelcome, a Beijing-based provider of comprehensive medical marketing solutions for cardiovascular and cerebrovascular diseases, faces excellent development opportunities. Its Hong Kong shares (02159.HK) will list on January 19, so further exploration of the company's quality and reputation follows.1. Business support from three segments, leading the industry in medical track segmentationFounded in 2000, Mediwelcome is China's largest provider with comprehensive medical marketing solutions for cardiovascular and cerebrovascular diseases. At present, its business layout mainly involves three areas: comprehensive medical marketing solutions, Internet hospitals and CRO services. The new businesses of the latter two are still in the early growth stage, while the comprehensive medical marketing solution is the advantageous business segment formed by the long-term operation, including medical conference service, patient management service, marketing strategy and consulting service.In the long-term deep industrial cultivation process, Mediwelcome has formed a head leading advantage. According to the prospectus, its medical conference services generated revenue with 282 million yuan in 2019, accounting for 4.9% of the market share, which ranking the first place. However, the top five participants in the industry only accounted for 6.7% of the market share, which implies the dispersion of the track market structure where Mediwelcome is located.From the perspective of its long-term opportunities on the track, on the one hand, it is due to the improvement of industrial concentration. As a head enterprise, Mediwelcome has a high probability of achieving continuous start by virtue of its leading edge. On the other hand, from the business's core value viewpoint, the high-quality doctor resources that Mediwelcome has accumulated, the huge patient groups that it has contacted behind it, as well as all kinds of world-renowned drugs and national medical organizations, it will also have the opportunity to further transfer to other business sectors, which is the strength of Internet hospitals and CRO services together with other advantages.According to the prospectus, Mediwelcome has maintained long-term and stable business relations with world-renowned pharmaceutical companies and national medical organizations. Five of the world's top 10 pharmaceutical companies are its customers based on the revenue in 2019. In addition, as of June 30th, 2020, Mediwelcome had developed a network of about 24,000 cardiovascular and cerebrovascular disease doctors, more than 70% of whom work in Chinese tertiary hospitals. At the same time, it also has a medical advisory committee composed of domestic and foreign top cardio-cerebrovascular disease experts as well as a medical team with 32 professionals.With its advantageous resources, Mediwelcome prospects are predictably good.2. The industry has a broad development prospect, and the business collaborates in building core competition barriersFrom the perspective of the business layout in Mediwelcome, its three business segments have built an aggregation platform based on the long-term accumulated advantageous resources. Also it formed a nice synergistic effect internally, finally, a complete service closed loop around the ecological chain of cardiovascular and cerebrovascular diseases is constructed. In this mode, it can not only deeply explore the industrial value chain to seek value-added service opportunities, but also build core competition barriers. On the basis of continuous empowerment and upgrading of the platform ecology, a strong siphon effect is formed, meanwhile more advantageous resources and customer groups are linked together to form a leading trend in the industry.Disassemble each business segment, it can be found that the fields of Mediwelcome's layout are located on the golden track, facing perfect market opportunities.Firstly, the integrated medical marketing solutions industry.This area is focused on improving the efficiency of the healthcare industry, optimizing the healthcare industry, and enhancing access to healthcare services by narrowing the gap between the healthcare industry's key stakeholders (i.e., physicians, patients, pharmaceutical companies, medical organizations, and hospitals).Mediwelcome is specifically in the field of comprehensive medical marketing solutions for cardiovascular and cerebrovascular diseases. Due to the increasing prevalence of cardiovascular and cerebrovascular diseases, the growth momentum of this field shows a satisfactory trend. In terms of revenue, the CAGR of Chinese comprehensive marketing solutions for cardiovascular and cerebrovascular diseases reached 11.1% from 2015 to 2019. It is estimated that the annual revenue in 2024 will increase from 5.6 billion yuan in 2019 to 8.7 billion yuan, while the compound annual growth rate in 2019-2024 will reach 9.2%.Considering that Mediwelcome is in the leading position in this segment, with a strong doctor resource network, long-term customer relationship and professional knowledge team. In recent years, the state has been committed to reducing the burden of cardiovascular and cerebrovascular diseases, raising disease awareness, improving diagnosis and treatment rates, also in particular promoting the preference of high-quality medical resources to grass-roots level. All of them are helpful to promote the further expansion of the whole market. Mediwelcome is faced with huge market opportunities and policy dividends.In addition, the Internet hospital, its main business involves online consultation and diagnosis, electronic prescription and patient follow-up. Nowadays, Internet hospitals have boomed, giving birth to a number of industrial unicorns. According to relevant data, there were about 342 internet-based hospitals in operation in China in 2019, and the number is expected to grow to more than 500 by 2020. In terms of the Chinese market for Internet hospital services under cardiovascular and cerebrovascular diseases, the revenue is expected to increase from 16.8 billion yuan in 2019 to 80.4 billion yuan in 2024, with a compound annual growth rate of 36.7%.From the perspective of Mediwelcome advantages in entering into the track of Internet hospitals, on the one hand, it focuses on the management of chronic diseases such as cardiovascular and cerebrovascular diseases, which naturally has the advantages of online docking. At the same time, the huge resources of doctors and patients accumulated offline can be more easily accessed to the Internet medical platform. Long-term accumulated nice public praise and professional advantages are also more likely to get the close support from the affected groups. Compared with some large and complete Internet medical giants, its more detailed and professional services will have more market affinity.Then finally, CRO services, which are outsourcing research services to pharmaceutical or biotech companies. As the upstream of pharmaceutical R&D, the market size of this industry has a strong positive correlation with the R&D investment. In recent years, Chinese pharmaceutical R&D investment continues to show high growth, which brings huge development space for CRO service market. From the perspective of market size, the market size of CRO service has increased from 2.8 billion yuan in 2015 to 6 billion yuan in 2019, and is expected to further increase to 14.2 billion yuan in 2024. At present, the competition pattern of CRO services in China is relatively dispersed. In terms of revenue in recent years, the top five CRO service providers account for about 20% to 25% of the total market share.Mediwelcome's entry into CRO service is mainly based on its long-term and stable relationship with pharmaceutical companies. Meanwhile, the huge patient group brought by the doctor network, as well as the accumulation of professional knowledge in the industry. By virtue of these advantages, it is also expected to further open the room for growth by capturing business opportunities in drug development.3. Accelerate the landing of strategy and enjoy certain growth opportunitiesFrom past performance, the overall growth momentum of Mediwelcome is strong. In 2017-2019 and the first half of 2020, the revenue was 259 million yuan, 299 million yuan, 427 million yuan and 139 million yuan respectively, and the net profit was 30.216 million yuan, 39.677 million yuan, 22.02 million yuan and -4.007 million yuan respectively. Under the impact of the epidemic in the first half of this year, its profits are under pressure in the short term. However, in terms of the long-term trend, its existing advantageous businesses will probably maintain the momentum of steady growth. At the same time, with the continuous landing of the Internet hospital and CRO service business layout, its performance is expected to move to a higher level.It is worth mentioning that the development trend of CRO service and Internet hospital service business has begun to emerge. In the first half of this year, it has started to contribute to the revenue one after another, and the future growth will gradually being released.At present, Mediwelcome is actively making continuous efforts towards the three business segments. It has built a number of technical platforms to improve comprehensive medical marketing solutions. As a user of the conference management system focusing on on-site medical seminar organization platform, medical association +App, for example, is able to make medical organizations and pharmaceutical companies submit on-site meeting requests as well as supervise meetings, which greatly facilitates users. So far, over 22,000 seminars have been held on the platform. The Giraffe platform serves users of the online medical seminar platform, covering all 36 provincial hospitals in all 31 provinces and autonomous regions in China. In addition, the online meeting assistant and online education official account could serve the doctors and patients at the same time. The mobile platform has also been able to provide online consultation and electronic prescription services under the Internet hospital branch.With the creation of a series of technology platforms, Mediwelcome has gathered huge data resources. In terms of the current policy environment, the government highly supports the healthy development of medical big data, smart medicine, telemedicine and other industries. While it also brings great imagination space for the layout of Mediwelcome in this field.As early as 2019, Mediwelcome launched online medical consultation and issue electronic prescriptions. In 2020, its Internet medical platform, in partnership with Shiyao Group, launched the "Standardized out-of-hospital management Project for Stroke Patients". This project is committed to providing one-stop out-of-hospital management plan for post-discharge consultation, follow-up, examination and medicine delivery to stroke patients in China, so as to meet the needs from continuous professional diagnosis and treatment from stroke patients with "medication + follow-up + examination". The partnership is also notable for the fact that Mr. Chen Chuan, the spouse of Mr. Zhang Yitao, a non-executive director and controlling shareholder of Mediwelcome, is an independent non-executive director in Shiyao Group. At the same time, he is also a director of many listed pharmaceutical companies in China. He has a wide social network in the industry. It is not difficult to imagine that with the successful implementation of the cooperation project with Shiyao Group, Mediwelcome will take advantage of its shareholders' vast resource ecology to further expand cooperation opportunities with leading pharmaceutical enterprises such as Shiyao Group, thus bringing opportunities for the growth of the business sector.Finally, from the perspective of CRO service, an important point of Mediwelcome in the future, this business is a natural extension of patient management services. It provides CRO services to pharmaceutical companies and medical organizations mainly by assisting customers to collect and record patient data from customer clinical trials, monitoring the precision and accuracy of recorded data, reviewing and collating data records, as well as making follow-up visits to patients. This business segment has always been the place where big stocks emerge, and the market expects the industry scale to be over 100 billion. Considering the low concentration of the whole domestic CRO industry, the industry maintains a high growth trend. This will also mean that by virtue of its own strong resource endowment, Mediwelcome will still have a lot to do, so that enjoying the certainty of growth opportunities.4. ConclusionIn general, the cardio-cerebrovascular disease subdivision track based on Mediwelcome has a leading scarcity. At the same time, the Internet medical and CRO service sectors, which are under development, have high growth expectations, and the market of these two areas often gives relatively high valuations. Earlier, the market value of JD Health (06618.HK) briefly exceeded HK $600 billion, reflecting the market capital's pursuit of Internet medical treatment. In addition, from the perspective of CRO services, according to Futuo, the overall price-earnings ratio of Hong Kong pharmaceutical outsourcing concept sector is 279 times. Among them, Wuxi APP Tec (02359.HK) will increase by 120% in 2020, with its total market value reaching 380 billion yuan, and the market value of Hong Kong shares reaching 48 billion yuan. Pharmaron (03759.HK) will increase by 200% in 2020, with its total market value exceeding 100 billion yuan, indicating that the market is optimistic about CRO sector.Focusing on the listing of Mediwelcome (02159.HK), its market value is only 800 million yuan at the ceiling of the listing price, which means it faces the situation of undervaluation. We believe in the current hot Hong Kong new stock market environment, it also leaves an excellent window for investors, so the listed performance is worth the wait.Visit Mediwelcome Healthcare Management & Technology Inc. at https://www.mediwelcome.com.Media contact:Heidi He, PeanutmediaE: meiyu.he@hstong.com, www.peanutmedia.com Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

6 1 月, 2021

Mediwelcome: Reasonable valuation with HK listing on track for January 19

HONG KONG, Jan 6, 2021 - (ACN Newswire) - With the improvement in China's economic level, the ageing population and the unhealthy living habits of adolescents, the incidence of cardiovascular and cerebrovascular disease is increasing. There were 391 million patients with cardiovascular and cerebrovascular diseases in China in 2019, or 26.8% of the population. The incidence of cardiovascular and cerebrovascular disease in China will increase to about 429 million in 2024.In this huge market space, Mediwelcome, a Beijing-based provider of comprehensive medical marketing solutions for cardiovascular and cerebrovascular diseases, faces excellent development opportunities. Its Hong Kong shares (02159.HK) will list on January 19, so further exploration of the company's quality and reputation follows.1. Business support from three segments, leading the industry in medical track segmentationFounded in 2000, Mediwelcome is China's largest provider with comprehensive medical marketing solutions for cardiovascular and cerebrovascular diseases. At present, its business layout mainly involves three areas: comprehensive medical marketing solutions, Internet hospitals and CRO services. The new businesses of the latter two are still in the early growth stage, while the comprehensive medical marketing solution is the advantageous business segment formed by the long-term operation, including medical conference service, patient management service, marketing strategy and consulting service.In the long-term deep industrial cultivation process, Mediwelcome has formed a head leading advantage. According to the prospectus, its medical conference services generated revenue with 282 million yuan in 2019, accounting for 4.9% of the market share, which ranking the first place. However, the top five participants in the industry only accounted for 6.7% of the market share, which implies the dispersion of the track market structure where Mediwelcome is located.From the perspective of its long-term opportunities on the track, on the one hand, it is due to the improvement of industrial concentration. As a head enterprise, Mediwelcome has a high probability of achieving continuous start by virtue of its leading edge. On the other hand, from the business's core value viewpoint, the high-quality doctor resources that Mediwelcome has accumulated, the huge patient groups that it has contacted behind it, as well as all kinds of world-renowned drugs and national medical organizations, it will also have the opportunity to further transfer to other business sectors, which is the strength of Internet hospitals and CRO services together with other advantages.According to the prospectus, Mediwelcome has maintained long-term and stable business relations with world-renowned pharmaceutical companies and national medical organizations. Five of the world's top 10 pharmaceutical companies are its customers based on the revenue in 2019. In addition, as of June 30th, 2020, Mediwelcome had developed a network of about 24,000 cardiovascular and cerebrovascular disease doctors, more than 70% of whom work in Chinese tertiary hospitals. At the same time, it also has a medical advisory committee composed of domestic and foreign top cardio-cerebrovascular disease experts as well as a medical team with 32 professionals.With its advantageous resources, Mediwelcome prospects are predictably good.2. The industry has a broad development prospect, and the business collaborates in building core competition barriersFrom the perspective of the business layout in Mediwelcome, its three business segments have built an aggregation platform based on the long-term accumulated advantageous resources. Also it formed a nice synergistic effect internally, finally, a complete service closed loop around the ecological chain of cardiovascular and cerebrovascular diseases is constructed. In this mode, it can not only deeply explore the industrial value chain to seek value-added service opportunities, but also build core competition barriers. On the basis of continuous empowerment and upgrading of the platform ecology, a strong siphon effect is formed, meanwhile more advantageous resources and customer groups are linked together to form a leading trend in the industry.Disassemble each business segment, it can be found that the fields of Mediwelcome's layout are located on the golden track, facing perfect market opportunities.Firstly, the integrated medical marketing solutions industry.This area is focused on improving the efficiency of the healthcare industry, optimizing the healthcare industry, and enhancing access to healthcare services by narrowing the gap between the healthcare industry's key stakeholders (i.e., physicians, patients, pharmaceutical companies, medical organizations, and hospitals).Mediwelcome is specifically in the field of comprehensive medical marketing solutions for cardiovascular and cerebrovascular diseases. Due to the increasing prevalence of cardiovascular and cerebrovascular diseases, the growth momentum of this field shows a satisfactory trend. In terms of revenue, the CAGR of Chinese comprehensive marketing solutions for cardiovascular and cerebrovascular diseases reached 11.1% from 2015 to 2019. It is estimated that the annual revenue in 2024 will increase from 5.6 billion yuan in 2019 to 8.7 billion yuan, while the compound annual growth rate in 2019-2024 will reach 9.2%.Considering that Mediwelcome is in the leading position in this segment, with a strong doctor resource network, long-term customer relationship and professional knowledge team. In recent years, the state has been committed to reducing the burden of cardiovascular and cerebrovascular diseases, raising disease awareness, improving diagnosis and treatment rates, also in particular promoting the preference of high-quality medical resources to grass-roots level. All of them are helpful to promote the further expansion of the whole market. Mediwelcome is faced with huge market opportunities and policy dividends.In addition, the Internet hospital, its main business involves online consultation and diagnosis, electronic prescription and patient follow-up. Nowadays, Internet hospitals have boomed, giving birth to a number of industrial unicorns. According to relevant data, there were about 342 internet-based hospitals in operation in China in 2019, and the number is expected to grow to more than 500 by 2020. In terms of the Chinese market for Internet hospital services under cardiovascular and cerebrovascular diseases, the revenue is expected to increase from 16.8 billion yuan in 2019 to 80.4 billion yuan in 2024, with a compound annual growth rate of 36.7%.From the perspective of Mediwelcome advantages in entering into the track of Internet hospitals, on the one hand, it focuses on the management of chronic diseases such as cardiovascular and cerebrovascular diseases, which naturally has the advantages of online docking. At the same time, the huge resources of doctors and patients accumulated offline can be more easily accessed to the Internet medical platform. Long-term accumulated nice public praise and professional advantages are also more likely to get the close support from the affected groups. Compared with some large and complete Internet medical giants, its more detailed and professional services will have more market affinity.Then finally, CRO services, which are outsourcing research services to pharmaceutical or biotech companies. As the upstream of pharmaceutical R&D, the market size of this industry has a strong positive correlation with the R&D investment. In recent years, Chinese pharmaceutical R&D investment continues to show high growth, which brings huge development space for CRO service market. From the perspective of market size, the market size of CRO service has increased from 2.8 billion yuan in 2015 to 6 billion yuan in 2019, and is expected to further increase to 14.2 billion yuan in 2024. At present, the competition pattern of CRO services in China is relatively dispersed. In terms of revenue in recent years, the top five CRO service providers account for about 20% to 25% of the total market share.Mediwelcome's entry into CRO service is mainly based on its long-term and stable relationship with pharmaceutical companies. Meanwhile, the huge patient group brought by the doctor network, as well as the accumulation of professional knowledge in the industry. By virtue of these advantages, it is also expected to further open the room for growth by capturing business opportunities in drug development.3. Accelerate the landing of strategy and enjoy certain growth opportunitiesFrom past performance, the overall growth momentum of Mediwelcome is strong. In 2017-2019 and the first half of 2020, the revenue was 259 million yuan, 299 million yuan, 427 million yuan and 139 million yuan respectively, and the net profit was 30.216 million yuan, 39.677 million yuan, 22.02 million yuan and -4.007 million yuan respectively. Under the impact of the epidemic in the first half of this year, its profits are under pressure in the short term. However, in terms of the long-term trend, its existing advantageous businesses will probably maintain the momentum of steady growth. At the same time, with the continuous landing of the Internet hospital and CRO service business layout, its performance is expected to move to a higher level.It is worth mentioning that the development trend of CRO service and Internet hospital service business has begun to emerge. In the first half of this year, it has started to contribute to the revenue one after another, and the future growth will gradually being released.At present, Mediwelcome is actively making continuous efforts towards the three business segments. It has built a number of technical platforms to improve comprehensive medical marketing solutions. As a user of the conference management system focusing on on-site medical seminar organization platform, medical association +App, for example, is able to make medical organizations and pharmaceutical companies submit on-site meeting requests as well as supervise meetings, which greatly facilitates users. So far, over 22,000 seminars have been held on the platform. The Giraffe platform serves users of the online medical seminar platform, covering all 36 provincial hospitals in all 31 provinces and autonomous regions in China. In addition, the online meeting assistant and online education official account could serve the doctors and patients at the same time. The mobile platform has also been able to provide online consultation and electronic prescription services under the Internet hospital branch.With the creation of a series of technology platforms, Mediwelcome has gathered huge data resources. In terms of the current policy environment, the government highly supports the healthy development of medical big data, smart medicine, telemedicine and other industries. While it also brings great imagination space for the layout of Mediwelcome in this field.As early as 2019, Mediwelcome launched online medical consultation and issue electronic prescriptions. In 2020, its Internet medical platform, in partnership with Shiyao Group, launched the "Standardized out-of-hospital management Project for Stroke Patients". This project is committed to providing one-stop out-of-hospital management plan for post-discharge consultation, follow-up, examination and medicine delivery to stroke patients in China, so as to meet the needs from continuous professional diagnosis and treatment from stroke patients with "medication + follow-up + examination". The partnership is also notable for the fact that Mr. Chen Chuan, the spouse of Mr. Zhang Yitao, a non-executive director and controlling shareholder of Mediwelcome, is an independent non-executive director in Shiyao Group. At the same time, he is also a director of many listed pharmaceutical companies in China. He has a wide social network in the industry. It is not difficult to imagine that with the successful implementation of the cooperation project with Shiyao Group, Mediwelcome will take advantage of its shareholders' vast resource ecology to further expand cooperation opportunities with leading pharmaceutical enterprises such as Shiyao Group, thus bringing opportunities for the growth of the business sector.Finally, from the perspective of CRO service, an important point of Mediwelcome in the future, this business is a natural extension of patient management services. It provides CRO services to pharmaceutical companies and medical organizations mainly by assisting customers to collect and record patient data from customer clinical trials, monitoring the precision and accuracy of recorded data, reviewing and collating data records, as well as making follow-up visits to patients. This business segment has always been the place where big stocks emerge, and the market expects the industry scale to be over 100 billion. Considering the low concentration of the whole domestic CRO industry, the industry maintains a high growth trend. This will also mean that by virtue of its own strong resource endowment, Mediwelcome will still have a lot to do, so that enjoying the certainty of growth opportunities.4. ConclusionIn general, the cardio-cerebrovascular disease subdivision track based on Mediwelcome has a leading scarcity. At the same time, the Internet medical and CRO service sectors, which are under development, have high growth expectations, and the market of these two areas often gives relatively high valuations. Earlier, the market value of JD Health (06618.HK) briefly exceeded HK $600 billion, reflecting the market capital's pursuit of Internet medical treatment. In addition, from the perspective of CRO services, according to Futuo, the overall price-earnings ratio of Hong Kong pharmaceutical outsourcing concept sector is 279 times. Among them, Wuxi APP Tec (02359.HK) will increase by 120% in 2020, with its total market value reaching 380 billion yuan, and the market value of Hong Kong shares reaching 48 billion yuan. Pharmaron (03759.HK) will increase by 200% in 2020, with its total market value exceeding 100 billion yuan, indicating that the market is optimistic about CRO sector.Focusing on the listing of Mediwelcome (02159.HK), its market value is only 800 million yuan at the ceiling of the listing price, which means it faces the situation of undervaluation. We believe in the current hot Hong Kong new stock market environment, it also leaves an excellent window for investors, so the listed performance is worth the wait.Visit Mediwelcome Healthcare Management & Technology Inc. at https://www.mediwelcome.com.Media contact:Heidi He, PeanutmediaE: meiyu.he@hstong.com, www.peanutmedia.com Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com