TOKYO, Nov 4, 2022 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. announced today that its Thai sales subsidiary Eisai (Thailand) Marketing Co. Ltd. ("Eisai Thailand") made an agreement to collaborate in supporting access to treatments for dementia, including Alzheimer's disease, in Thailand with Thai Life Insurance Public Company Limited, a leading life insurance company in Thailand.In Thailand, the number of people suffering from dementia is expected to increase significantly from the current 600 thousand to 1.1 million by 2030 due to the rapid aging of the population(1), and the financial burden of the people suffering from dementia, including Alzheimer's disease, and their families due to care is also expected to increase.With this agreement, Eisai Thailand, together with Thai Life Insurance, which has expertise in the design and development of life and medical insurance products, will work together to design insurance products to cover dementia, including Alzheimer's disease raise awareness of the disease, and build a dementia ecosystem to secure access to next-generation Alzheimer's disease treatments in Thailand.Eisai believes that it is Eisai's mission to ensure that patients in need have access to its innovative medicines, and will continue to focus on activities for early consultation and diagnosis, as well as development of patient support programs that take into account the healthcare system and income level of each country.(1) Dementia in the Asia Pacific Region (Alzheimer's Disease International), www.alzint.org/u/Dementia-Asia-Pacific-2014.pdfMedia Inquiries:Public Relations DepartmentEisai Co., Ltd. +81-(0)3-3817-5120 Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
SHANGHAI, Jun 7, 2022 - (亚太商讯 via SEAPRWire.com) - 全球领先的资料分析提供商Verisk(纳斯达克代码:VRSK)荣幸宣布,医疗(再)保险服务商AXA Life & Health Reinsurance Solutions使用Verisk的健康风险评级工具,为其中国保险合作伙伴提供自动化核保能力,将患有既往症的人群纳入可保范围。Verisk的健康风险评级工具将被AXA命名为Intelligent Medical Acceptance Tool(IMPACT)推向市场,后者是AXA Life & Health Reinsurance Solutions的承保平台,旨在服务与公司合作的保险公司和经纪人。 IMPACT和Verisk健康风险评级工具会自动评估投保人已有的疾病情况,说明保险公司和经纪人即时做出承保决策,如附加保费和除外责任。总部位于上海的安盛天平(AXA Tianping)是第一家在北亚市场采用IMPACT的保险合作伙伴。AXA Life & Health Reinsurance Solutions首席执行官Laurent Pochat-Cottilloux表示:“为患有既往症的人群提供保险过去一直是一项挑战,因为需要借助繁琐的人工核保流程。通过IMPACT引入健康风险评级工具后,我们的保险合作伙伴能够为分销商和投保人提供全面的数位化客户旅程,在中国市场上做出更高效、更复杂的承保决策。”在IMPACT平台的说明下,保险客户将能够使用健康风险评级工具的动态问题集合阐明自身医疗状况的详细资讯,随后健康风险评级工具会利用先进演算法生成相对风险评分,更全面的反映客户的健康风险状况。这一评分基于超过十年医疗索赔和资料情况计算得出,并且根据治疗和技术的最新发展进行了重新校准。Verisk Life, Health and Travel全球副总裁Rachel Edwards表示:“许多(再)保险公司都认识到,目前医疗保险市场存在明显的缺口,不符合投保条件但风险可控的客户难以获得合适的产品与服务。这是我们在中国市场的一项重要里程碑。我们希望这一发展能够鼓励更多保险公司降低对于患有既往症人群获取医疗保险的门槛。”Verisk Life, Health and Travel Solutions 可以帮助保险公司自动评估非标体人群的健康风险,从而加快承保速度,扩大产品组合。这些解决方案已经融入了全球各地保险公司、经纪人和分销商的工作流程,能够即时分析投保过程中的健康告知资讯,并提供关键分析意见,帮助保险公司承保健康、旅行和宠物保险。健康风险评级工具提供多种语言版本,包括简体中文、繁体中文和越南语。欲了解更多资讯,请发送电子邮件至riskrating@verisk.com。关于AXA Life & Health Reinsurance Solutions我们可以为您打开获得安盛集团人寿与健康再保险能力的大门。我们专注全球中低收入市场,提供独特的“360°全方位再保险”,将再保险、咨询和服务融为一体。无论您是保险公司、授权承保代理/管理型总代理 (MGA/MGU)、保险科技公司还是这些公司的再保险经纪人,我们都可以为您提供合适的解决方案,说明您实现目标。AXA Life and Health Reinsurance Solutions Pte. Ltd.注册地为新加坡。我们的注册地址为新加坡马吉街138号世服宏图#10-01, 邮编048946 )。我们是注册再保险经纪人,受新加坡金融管理局监管。我们是安盛集团旗下成员,仅针对安盛集团再保险产品提供建议。如果您希望获得全市场产品建议,请指定一家独立再保险经纪人,我们可以向其提供安盛集团再保险产品的资讯。如有任何疑问,请发送电子邮件至Enquiries.ALHRS@axa.com。关于VeriskVerisk(纳斯达克代码:VRSK)为保险、能源和专业市场以及金融服务行业客户提供预测分析和决策支持解决方案。超过70%《财富》100强企业采用Verisk的先进技术管理风险、做出更优决策、提高运营效率。 Verisk的分析解决方案涉及保险承保和理赔、欺诈、合规、自然资源、灾难、经济预测、地缘政治风险,以及环境、社会和治理事宜。 Verisk已成立五十周年,公司始终致力创造更美好、更安全、更强健的世界,培养包容和多元的文化,帮助所有团队成员建立归属感。 Verisk在近35个国家拥有100多个办事处,已获得多个“卓越职场”认证。欲了解更多资讯,欢迎访问:www.Verisk.com。 Copyright 2022 亚太商讯. All rights reserved. (via SEAPRWire)
Core Concepts Helping people with pain experience life fully Singapore, April 8, 2022- (SEAPRWire) -Core Concepts is a physiotherapy clinic group that enables individuals with musculoskeletal conditions to experience life fully has introduced their brand-new look. The company couples deep expertise with a comprehensive range of services to holistically address their clients' different unique needs and maximise their potential. The team uphold integrity by not compromising on their quality of care and go beyond the external to emphasise on the structural integrity of their clients' bodies. Lastly, Core Concepts empowers each of their stakeholders to realise the true potential so they can live life to the fullest. Established in 2003, Core Concepts Physiotherapy Group offers accurate assessment, diagnosis, and treatment of musculoskeletal conditions. Being experts in body movement and function, they deliver personalised physiotherapy that effectively relieves pain, restores strength and mobility, while preventing further injuries. Core Concepts is thrilled to be introducing their brand new look in 2022. The updates showcase the evolution of Core Concepts since its founding in 2003. While this is a significant change to the outlook of the brand, clients still remain at the core of what they do - and providing them with the best quality of care runs through their DNA. Core Concepts' goal is still to help patients get better - however, the definition of better is not restricted to only getting them pain-free but to help them experience life fully. Over the past 12 months, they have poured their hearts and souls into creating a new image that would accurately depict who they are, at the core as a team. For those who have known us since 2003 - Core Concepts' previous logo depicts an apple core and their tagline has always been "Get Better Stay Better". Here at Core Concepts, they are about overcoming barriers and expanding human potential. They're about enriching the lives of clients and inspiring them to get back to the team's best. Over time, they have outgrown their previous motto of simply helping patients to get better and stay better. Core Concepts' new motto represents the consolidation of effort and changes over the years of doing more than helping clients recover and be pain-free. Core Concepts' goal is to help clients experience life fully - whether it is conquering a new personal fitness best, exploring new countries or simply being in physical shape to spend time with loved ones. Core Concepts have also adapted their logo to accurately reflect the 2 main elements of helping clients experience life fully. The green arched doorway represents the door of possibilities that we can help to achieve and the white pathway represents the recovery journey that they will be embarking on with patients to reach their end goal. In this new year, they urge those with musculoskeletal aches and pain to seek medical help. It is not necessary to live with constant pain - they are able to help users reduce pain levels and increase functional mobility so that users can also experience life fully. Social Links Instagram: https://instagram.com/coreconceptssg Facebook: https://facebook.com/coreconceptsphysiotherapy Media Contact Brand: Core Concepts Contact: Media team E-mail: victor.khoo@coreconcepts.com.sg Website: http://www.coreconcepts.com.sg/ SOURCE: Core Concepts The article is provided by a third-party content provider. SEAPRWIRE makes no warranties or representations in connection therewith. Any questions, please contact cs@SEAPRWIRE.com Sectors: Top Story, Daily News SEAPRWIRE (www.seaprwire.com) offers newswire service in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )
SINGAPORE, Feb 28, 2022 - (ACN Newswire via SEAPRWire.com) - Xplr Me (Explore Me) is a digital platform that connects students to tutors, life coaches, and mentors from anywhere in the world, while they are sitting in the comfort of their living room! Pick up a new hobby, learn a new skill, or just plain understand themselves better with the assortment of classes and courses on offer!Xplr Me goes beyond academics, and is for all age groups and life stages, putting students in touch with educators and coaches from all around the world, who will guide them to success. With life coaches teaching students how to set goals and meet them, to career coaches who will help nail the perfect resume, Xplr Me is not an average enrichment site! Be constantly enriched with continuous guidance and mentorship that will set students up for success!THE BIRTH OF XPLR MEFounded by founder Nirali Mehta in 2021, Xplr Me was born from the frustration of having to find teachers and mentors for herself and her two kids. Traditional classes and teachers were bound by distance and location, and by logistics, especially with the limitations brought by the global pandemic. There was always that feeling of compromise between the best teacher and mentor, and what was on offer and convenient.Xplr Me completely eradicated this pain point by bringing educational providers and professionals together on to one platform from across the globe. Now, with Xplr Me, anyone on the hunt for classes, mentorship or guidance can visit the website, find a course that best fits their needs, at a time slot that is convenient to them. Imagine, learning a whole new language from a native speaker to the basics of photography with a professional photographer.Nirali, Founder of Xplr Me says, "Learning has always been a passion of mine and it has always been a source of frustration when I am unable to sign up for the classes I want. When I became a mom to two kids, I also began to juggle their schedules with mine, and in finding classes that balanced their learning, between academics and life skills. This experience really opened my eyes to how it's really difficult to find the right person to teach you what you need to learn at your convenience. That was the starting point for Xplr Me. After all, learning should be part of our life's journey, but struggling to learn need not be."EXPLORE WITH EASEXplr Me features a wide variety of classes from academics to alternative healing, mentorship, counseling, photography, and anything else under the sun. Enthusiasts could pick from an Ayurveda course one day to a Crochet class the next.With the classes happening completely online, students and teachers don't even have to be in the same country! This gives students the opportunity to learn from people all around the world, and not have to settle with what is closest to them.On the tech front, Xplr Me uses virtual tools integrated within the platform, and a custom-built calendar and appointment function to empower students to pick and choose timings, class options and tutors. Students can also pick from pre-recorded sessions to live private one-on-one classes, and group classes.Nirali adds, "The emphasis on non-academic topics was a very mindful one. Life and social skills are just as important, and I wanted to offer that to enhance learning. Furthermore, for adults, especially, it is so difficult to pick up a new hobby with either the stressors of time, work or family coming into play. Xplr Me removes all that so adults can explore and get excited about learning new things, or picking up old hobbies again! Because Xplr Me is so flexible, there really is a whole world to explore and it all starts on Xplr Me!"Nirali's goal for Xplr Me is to be a platform that will empower not only students but everyone to be able to come home and learn a new hobby, a new experience or a new learning opportunity without feeling constrained by geographical locations.About Xplr MeFounded by Nirali X in Nov 2021, Xplr Me (Explore Me) is an unconventional online learning platform that brings a diverse range of academic and non-academic courses to anyone in the comfort of their own homes. Xplr Me goes beyond academics and is for all age groups and life stages, putting students in touch with educators and coaches from all around the world. With courses from life coaches, guitar players, tour guides, and counselors, Xplr Me is not an average enrichment site. https://xplrme.com/For more information, please contact:Danielle Chow +65 9727 7766 danielle@madhat.asiaKrisha Ramos +65 9181 8408 krisha@madhat.asia Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
DUBAI, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - Aditya Birla Sun Life AMC Limited's (ABSLAMC) offshore subsidiary has appointed Mr. Sarath Sathkumara to lead investments for its international business.Aditya Birla Sun Life AMC Limited is the fourth largest asset manager in India with total assets under management of close to $42 billion. The publicly listed company has its presence in over 280 locations pan-India and present in international markets such as Dubai, Singapore, and Mauritius. It also operates via UCIT to cater to European markets. The company recently received approval from International Financial Services Centres Authority (IFSCA) to carry out Portfolio Management Services from GIFT City in India that will help to expand its reach and service to global clients. Aditya Birla Sun Life AMC Limited's offshore subsidiaries manage money to the extent of USD 1.32 billion. ABSLAMC is a subsidiary of Aditya Birla Capital Limited (a non-bank financial services conglomerate), and investment manager to Aditya Birla Sun Life Mutual Fund (ABSLMF).Commenting on his appointment, Mr. A. Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC Limited said, "We are delighted to have Sarath Sathkumara come on board. He is a seasoned global emerging markets investor with over 30 years of experience in international capital markets and investing. His rich experience, illustrious background and in-depth knowledge of global markets will be an instrument in capitalizing overseas opportunities and launching investment solutions that cater to the needs of international investors. This further strengthens our overseas presence and aligns with our strategy of expanding our offshore business. Sarath will initially focus on launching ESG centered products, along with relevant solutions to cater to GIFT City and overseas clients".In his current role with ABSLAMC's offshore arm, Sarath has joined as CIO International. Most recently, Sarath was the Managing Director/Portfolio Manager for Taiyo Pacific Partner's India engagement investing business, starting the business 10 years ago and building it ground up. Prior to that, he has worked as a Chief Investment Officer of SBI Venture Capital in Singapore. From 2002 to 2008, Sarath was a Senior Portfolio Manager with the State Street Global Advisors' Active Emerging Markets Group (AUM $12bn), focusing on Asia and MENA regions. Before that Sarath spent 7 years with Capital International in Singapore as part of Capital International's Emerging Markets team (AUM $24bn). He was instrumental in building and running Capital's India business from 1993, the year India opened for foreign investment and witnessed India's capital market transformation. Before that he was with HSBC Group for 10 years in investment and corporate banking in Dubai, San Francisco and New York.About Aditya Birla Sun Life AMC LimitedEstablished in 1994, Aditya Birla Sun Life AMC Limited (ABSLAMC) is a joint venture between the Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. ABSLAMC also operates multiple alternate strategies including Portfolio Management Services, Real Estate Investments and Alternative Investment Funds. ABSLAMC is one of the leading asset managers in India, with a pan India presence across 280 plus locations and a total AUM of over Rs. 3,109 billion under its suite of mutual fund (excluding our domestic FoFs), portfolio management services, offshore and real estate offerings and 7.6 million investor folios for the quarter ending December 31, 2021.For any media queries, please contact: Amrita Panja Email: Amrita.Panja@adityabirlacapital.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Nov 1, 2021 - (ACN Newswire via SEAPRWire.com) - In the advent of its first listing anniversary, Shimao Services Holdings Limited ("Shimao Services" or the "Company"; HKEX Stock Code: 873.HK) has been very active - setting up its second headquarters in Chengdu, cooperating with Lang Chao Infrastructure, undertaken overall operation and maintenance of the Westlake University Yungu Campus in Hangzhou, Zhejiang, among others. In the first half of this year, Shimao Services achieved operating revenue of RMB4,234 million, a 171% surge year-on-year. Its net profit attributable to the parent was RMB578 million, up 136% year-on-year. According to its 2020 results announcement, Shimao Services achieved a five-fold growth in both revenue and business scale in the past three years, and will strive for another five-fold growth in the next three years.On 29 October, in Shanghai, Shimao Services held an appreciation banquet to celebrate its first listing anniversary and the launch of its city services business. Ye Mingjie, Executive Director and President of Shimao Services Holdings, said he is optimistic about the development prospects of the property industry and Shimao Services will seize opportunities to speed up development. Shimao Services also, for the first time, announced the strategy of its city services business, positioning itself as a "City Services Manager" focusing on four main business areas - environment management, space management, renewal management and smart city management, to help it achieve the strategic goal of making it among leaders in the property service industry by 2023. The 2021 interim results of the Company shows that the newly added city services, with revenue reaching RMB134 million.In recent years, favorable national policies have presented conditions for property enterprises to standardize operation and conducive to the long-term positive development of the industry. Shimao Group, the parent company of Shimao Services, is also confident of the prospect of the property industry hence will put its weight behind Shimao Services in striving for continuous rapid growth. Mr. Jason Hui, Vice Chairman and President of Shimao Group and Chairman of the Board of Shimao Services, stressed that, for Shimao Group, Shimao Services has always been one of the two wings in its "Big Plane Strategy" and it believes the property service industry has a promising outlook. Hence, in the future, it will keep providing resources as well as different business opportunities to Shimao Services.Currently, although city services still have to the appropriate operation model, with the country encouraging property enterprises to partake in city services, Shimao Services sees opportunities for its business. On 14 October, Shimao Services announced that its second national headquarters has been set up in Wenjiang District, Chengdu, making it the first listed property management company to have dual headquarters to back the development of city services business, helping improve the scientific, precision and intelligence levels of city management.In fact, since May this year, Shimao Services has forged partnership with Shenzhen Shenxiong Environment Co., Ltd. ("Shenxiong Environment") and Wuxi Jinshatian Technology Co., Ltd. ("Jinshatian Technology"), respectively, to help with mapping out its reach in two key regions, namely the Greater Bay Area and the Yangtze River Delta, and build its core and comprehensive city service capabilities. Shenxiong Environment is a top 10 environmental sanitation company in the Greater Bay Area, which also scored first in the Shenzhen Environmental Assessment Index Ranking 13 times in a row. As for Jinshatian Technology, which ranked sixth in the municipal environmental sanitation industry in China, has had it eye on growing the Yangtze River Delta market. Furthermore, in collaboration with local governments, Shimao Services has secured service projects in 15 cities, including Sucheng District of Suqian City and the Acheng District of Harbin City, five projects have commenced operation.All signs and moves considered, Shimao Services is clearly positive about the prospect of city services and is sparing no effort to grow the business. In its plan, the business shall be guided by the "City Services Manager" positioning, with coverage extended from residents previously to "residents + citizens", from inside to "inside + outside" and from property services to "all scenario services". The manager will focus on four main areas - environment management, space management, renewal management and smart city management, aiming to raise the scientific, precision and intelligence levels of city management. For example, in space management, transportation, culture and leisure activities will be the emphases and, drawing on its advantages in resources, and operational and lean management capability, the company will take part in operating and managing transportation networks, pubic venues and parks, helping create beautiful and harmonious city space for people."Those at the top rule" is true as ever. Thus, Shimao Services has never stopped striving for a place among leaders in the industry. Apart from scaling up business, it also sees value-added service business as a new engine for sustainable growth in the medium and long term. In the first half of this year, community value-added services brought in revenue of RMB1.393 billion, a 233.9% leap year-on-year. Certain "property services + life services" policies and measures introduced by ministries and state commissions have presented huge development opportunities to the value-added service sector. Looking ahead, Shimao Services will push to tap segments with strong potential, broaden its value-added service offerings, attain professional operational capabilities and hone its strength. For instance, Shimao Services' subsidiary SUNIT has built a 0-2KM core community social life circle, with a good number of stores opened in regions including Shanghai and Nanjing. In October this year, joining hands with MYFARM, it also opened its first self-operated farm at Shimao Riviera Garden in Shanghai.In the one year since listing, the Group's businesses, such as comprehensive property management service, community value-added services and smart city services, all performed well, with business indicators improving across the board. The Group has realized quality growth and prides a more solid and healthy operational foundation now. Shimao Services is expected to maintain brilliant performances going forward and be able to deliver on its promises to customers, cooperative partners and the capital market.About Shimao Services Holdings Limited (Stock code: 873)Established in 2005, Shimao Services is China's leading provider of integrated property management and community life services. It is also one of the important wings of Shimao Group's "big aircraft" strategy. Shimao Services takes the "Smart Maker of Good Life" as its brand concept and implements the "iBlue Strategy", focusing on the four core high-energy city clusters in the Yangtze River Delta Region, Central and Western China, Southern China and Bohai Economic Rim. As of June 2021, the company had more than 530 properties under management, 239 million square meters of contract area, covering residential, schools, government and public facilities, health care centers and hospitals, VIP lounges in waiting rooms, etc, and provided comprehensive property management, community life services and non-owner value-added services for nearly 3.2 million owners and users.For more information, please visit Shimao Services' website: https://www.shimaofuwu.com/For further information, please contact:Strategic Financial Relations LimitedSharon Lau / Cherry ChenTel: (852) 2864 4852 / (852) 2114 4903Email: sprg_shimao@sprg.com.hkFax: (852) 2527 1196 Copyright 2021 ACN Newswire. All rights reserved. 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Singaporeans are living longer and healthier. Many of us now see retirement as a new life stage where we can spend more time on our passions and hobbies. The pandemic has made many of us realise the importance of retirement planning. Mr Oliveiro turns 55 in two months. Now that his children are older, the engineer has found time for a new passion: volunteering at a charity for underprivileged children. As he envisions volunteering being a big part of his golden years, he wants to find out how he can achieve his retirement goal. If he were to switch to working part-time, would he have enough savings to live comfortably during retirement? As a first step, he looks at his CPF savings. Worry less with CPF LIFE Every Singaporean has CPF, which is the basic building block of a retirement plan. From the time you start work, you have already started saving for your future. The CPF savings you have accumulated will be used to join CPF LIFE, a national longevity insurance annuity scheme that gives you peace of mind to pursue your life’s purpose. 1. Payouts for life Most private retirement income products pay out only for a fixed number of years. But with CPF LIFE, monthly payouts are guaranteed for the rest of your life. 2. Safe product with high returns CPF LIFE savings enjoy high risk-free returns of up to 6 per cent per year*. On the other hand, returns from private sector products vary depending on market conditions. 3. More affordable As CPF LIFE is a national scheme, the costs and risks are spread out among a larger member pool. You don’t pay for any advertising or agent commissions as the scheme is administered by the CPF Board. *This includes the extra 2 per cent per annum on the first $30,000 and extra 1 per cent per annum on the next $30,000 of CPF savings for those age 55 and above. **These figures are based on a member setting aside the 2021 Basic Retirement Sum, Full Retirement Sum and Enhanced Retirement Sum at age 55 without additional CPF contribution. ***Figures are estimates based on the CPF LIFE Standard Plan, for members who turn 65 in 2031, computed as of 2021. Disclaimer: Mr Oliveiro is a fictional character created for illustrative purposes only. For more information, visit cpf.gov.sg
TOKYO, Oct 6, 2021 - (JCN Newswire via SEAPRWire.com) - Fujitsu today kicked-off its internal "Work Life Shift 2.0" campaign in Japan, marking the beginning of the second phase of its efforts to realize a new way of working for the post-COVID era. With this campaign, Fujitsu aims to establish a true hybrid working model and allow its employees to balance their personal and work aspirations, further improving their wellbeing.In July 2020, Fujitsu first announced the "Work Life Shift" campaign for its employees in Japan, unveiling its vision for a new working paradigm addressing the challenges and opportunities of the "New Normal." Work Life Shift encouraged Fujitsu's Japan-based employees to independently decide the most appropriate place and time to work, while offering tools and support so that they can be more productive and creative, wherever they choose to work.In addition, Fujitsu will integrate the "Work Life Shift 2.0" campaign and the company-wide DX project "FUJITRA" in order to focus on the following three areas: "Practicing Hybrid Work and Collaboration Hubs", "Evolution of the Way of Working as a DX Company", and "Balancing Work and Life". Through these efforts, Fujitsu aims to create a highly talented, resilient and adaptive workforce, ready to support the challenges we face as a society.Overview of the internal "Work Life Shift 2.0" program1. Practicing Hybrid Work and Collaboration HubsLooking ahead to the post-COVID era, Fujitsu will promote a true Hybrid Work model that combines the "Real and Virtual" by transforming its office from a traditional site for working into an "Collaboration Hubs" a workplace that offers employees the opportunity to experience things that they couldn't elsewhere. This initiative will focus on the following individual measures.- Changing the visual experience of the office and opening the satellite office to the outsideFujitsu will substantially reduce the number of in-house training facilities and conduct various training programs including new employee training, workshops and town hall meetings on the office floor. In addition, Fujitsu will create a new visual experience in the office by making it "a place where diverse employees gather, work, learn, and interact" (planned to be implemented in November 2021) and open some of its F3rd satellite offices (1) to the outside in an effort to create more locations for collaborative creation and networking. (Planned to be implemented in December 2021)- Creating opportunities to experience cutting-edge technology in the officeFujitsu deployed its FUJITSU Intelligent Office demonstration site in the JR Kawasaki Tower which it moved into in July 2021 and installed technologies from inside and outside the company, such as biometric authentication technology and the Secure Internet Gateway (2) for its internal network. This enables Fujitsu's employees to practice and experience the latest technologies on their own. In addition, Fujitsu will promote collaboration in the office by combining its event-linked matching service "Buddyup! (3)" with location information utilization infrastructure "Location Platform EXBOARD for Office (4)". (Implemented since September 2021)2. Evolution of the way of working as a DX companyUsing data to visualize the various benefits employees gain through the experience of Hybrid Work, Fujitsu will pursue ways of working that enhance creativity in addition to improving productivity. In addition, Fujitsu will also contribute to the resolution of issues facing customers and society by further accelerating cooperation with partners and local governments that share the same understanding of the concept of "Work Life Shift". This initiative will include the following specific measures.- Collaborating with startups to solve challenges arising during the "Work Life Shift" campaignFujitsu will utilize the "FUJITSU ACCELERATOR (5)" program to promote collaboration with startups based on the theme of "Work Life Shift." With this program, Fujitsu has launched internal practices with startups to solve the challenges of promoting remote work such as communicating with team members, understanding stress situations and teamwork between departments. (Started July 2021)- Cooperation with local governments for regional revitalizationFujitsu has started a partnership with Oita Prefecture in March 2021 and will conclude collaborative agreements with other prefectural and municipal governments. It will also work with local companies and communities to identify and support the resolution of local issues through in-house training and pro-bono activities. In addition, by enabling its employees to gain new knowledge through local activities in cooperation with local governments, Fujitsu will further deepen business production skills essential to a DX company and contribute to the creation of new local communities and the revitalization of local economies.3. Balancing Work and LifeBy supporting employees to balancing their work and life aspirations Fujitsu will enable its employees in Japan to deliver the best value to its customers and society, while boosting engagement and employees' personal wellbeing. This will consist of the following measures.- Promoting 100% Paternal Childcare ParticipationAs a measure to support employees starting new families in balancing work and home life, which represents an important social issues, as well as to actively promote the participation of men in childcare, Fujitsu has provided up to two months of full-paid paternal leave for male employees after the birth of their child by increasing the number of days of paternity and childcare leave and also using accumulated leave (multi-purpose leave). (Implemented since July 2021)Also, in order to fully support employees who work while raising children, Fujitsu will implement activities such as encouraging managers and colleagues to make "Declaration of Support for Childcare" and working to control unconscious prejudice (6), prevent so-called "Paternity Harassment" (7), and raise awareness of the role of partners in raising children. (To be implemented in the second half of 2021)- Promoting "workcation" and side jobsThrough the combination of taking holidays, flextime system and telework, employees can refresh their mind and body, and work and rest in a proactive manner. Fujitsu will recommend active practice of "workcations" and side work that will lead to new awareness and knowledge acquisition, improvement of creativity, and building of new relationships.WorkcationBy utilizing approximately one to three weeks of telework, Fujitsu Group employees in Japan can work while staying in private in surroundings that are different from usual, and can extend their stay during business trips by taking holidays before and after their working obligations. (Fujitsu Group companies in Japan will pay for the round trip: implemented since July 2021) In addition, Fujitsu will form "Fujitsu workcation partnerships" with local governments, and in cooperation with the local communities, plans employment plans and holds workshops on regional issues. (Planned to be implemented from November 2021)Active encouragement of side jobsFujitsu has also actively encouraged side jobs as an option for its employees to improve their abilities and experience through social contribution activities and external activities.At Fujitsu, more than 300 employees have been active in a variety of fields, and it will consider matching employees who actively seek practical opportunities with those who need know-how and skills in the future.(1) F3rd:Fujitsu's satellite offices, the "Third Workplace" after "office" and "Home". They have been in operation since 2016 and are currently in operation at 23 locations throughout Japan.(2) Secure Internet Gateway:An innovative cloud security solution that verifies the safety of destinations by making requests over the Internet from any device of users in any location, and provides front-line protection from threats such as malware, ransomware, and phishing sites.(3) "Buddyup!":A system developed by Fujitsu that enables the person to connect encounters with others to the next action by obtaining keywords that express personal interests and interests of all people that are exchanged in a communication setting.(4) "Location Platform EXBOARD for Office":A system platform developed by Fujitsu that uses location information to visualize the movement of people and objects using IoT technology. To visualize the location of employees in an office in real time.(5) FUJITSU ACCELERATOR:A program that aims to create new business opportunities by matching business units of Fujitsu, which has a rich customer base, with partners in the startup space. The Fujitsu Group has created joint businesses with more than 100 startups to provide new value to the world by combining innovative startup technologies and products with its products and solution services.(6) Unconscious bias:A distortion or bias in the way one views or perceives something that one is not aware of.(7) Paternity Harassment:A common English phrase in Japan that describes the situation in which a male employee that wishes to take paternity leave or uses a system such as childcare leave or reduced work hours for childcare is harassed or prevented from doing so by other employees such as co-workers or superiors.Fujitsu's Commitment to the Sustainable Development Goals (SDGs)The Sustainable Development Goals (SDGs) adopted by the United Nations in 2015 represent a set of common goals to be achieved worldwide by 2030. Fujitsu's purpose -- "to make the world more sustainable by building trust in society through innovation"--is a promise to contribute to the vision of a better future empowered by the SDGs.About FujitsuFujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 126,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$34 billion) for the fiscal year ended March 31, 2021. For more information, please see www.fujitsu.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
SINGAPORE, Sep 24, 2021 - (ACN Newswire via SEAPRWire.com) - ACROMEC Limited (ACROMEC; SGX: 43F), a specialist engineering services provider, announced that subsidiary ACROMEC Engineers Pte Ltd (ACROMEC Engineers) through joint-venture associate Life Science Incubator Pte Ltd, has launched the first Life Science Incubator co-working laboratory space, with a ceremony on location at the German Centre, International Business Plaza, Singapore.The ceremony was attended by Mr Alvin Tan, Minister of State, Ministry of Culture, Community and Youth and Ministry of Trade & Industry and others from the Economic Development Board, Enterprise Singapore, SGInnovate, A*STAR, NTUitiv and NUS accelerator. Members of Life Science Incubator's current network of some 20 industry partners, including Merck, also attended the event.Serving early-stage bio and pharma start-ups, companies and entrepreneurs in the MedTech, Biotech, Biopharma and FoodTech sectors, Life Science Incubator will provide flexible co-working laboratory spaces for research and development. With access to communal state-of-the-art technologies and facilities, start-ups will be able to fully focus on innovation and talent in science without having to think about hefty infrastructure capital.Said Niamh Madden, General Manager of Life Science Incubator, "Today marks the start of our exciting journey at the Life Science Incubator. We look forward to supporting science and technology start-ups and being an integral launchpad for their endeavours. With our strong network of partner companies, we are confident that the incubator will become a vibrant centre of entrepreneurship, technology and science."Said Mr Lim Say Chin, Executive Chairman and Managing Director of ACROMEC, "The successful completion and launch of the Life Science Incubator attests to ACROMEC's track record and success as a specialist engineering provider for controlled environments. We are excited to be a part of this vibrant ecosystem and will continue to serve companies and start-ups in the life science, biotech, healthcare, and research sectors."In July, the Group announced that wholly-owned subsidiary ACROMEC Engineers had entered into a joint-venture agreement with strategic partner Tako Ventures to build, own, and operate JVCo and co-working laboratory facilities. JVCo is 30% owned by the Group through ACROMEC Engineers, while Tako Ventures holds the remaining 70% stake, managing JVCo and the Life Science Incubator. ACROMEC Engineers undertook the design, construction, and fitting-out works for the 600 square meter Life Science Incubator's co-working lab facilities, which includes 8 suites, 51 lab benches, and 1 operating theatre.About ACROMEC LimitedSGX Catalyst-listed ACROMEC (SGX: 43F) is an established specialist engineering services provider with more than 20 years of acquiring expertise in the design and construction of facilities requiring controlled environments, such as laboratories, medical and sterile facilities and cleanrooms. Amongst its customers, ACROMEC counts hospitals & medical centres, government agencies, educational institutions, research & development companies and multinational units, pharmaceutical, semiconductor manufacturing and engineering companies. For more information, visit www.acromec.com.ACROMEC share information through SGX (43F), Bloomberg (ACRO.SG) and ThomsonReuters (ACRO.SI).Analyst & Media contact:ACROMEC LimitedMr Jerry Tan, CFOE: jerry.tan@acromec.comWaterbrooks Consultants Pte LtdMr Wayne Koo / Ms RaihanaT: +65 6958 8002 / +65 9338 8166E: wayne.koo@waterbrooks.com.sg / raihana@waterbrooks.com.sg Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Sep 15, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) announced today an initiative to create healthcare and life science business that utilizes AI and other digital technologies as part of the "creation of future growth businesses" set forth in the 2025 Mid-term Management Plan. NEC will focus on the three areas of Medical Care, Lifestyle Support, and Life Science, aiming for a business value of 500 billion yen (approximately 4.5 billion USD) in 2030. Three Areas of Focus and Future VisionCurrently, in the field of healthcare, in addition to the spread of new types of coronavirus, the growing number of people with lifestyle-related illnesses, such as certain forms of cancer, is now a common challenge worldwide. NEC has contributed to the efficiency and sophistication of medical services through the provision of reception systems(1) and electronic medical record systems for more than 50 years. Furthermore, NEC began full-scale entry into the drug discovery business in 2019 (2), with the aim of promoting innovative next-generation medical care based on the results of research activities to date. This new initiative aims to accelerate and expand the healthcare-related business more than ever before and to grow the business toward the creation of social value. Specifically, NEC will expand business in the following three areas by taking advantage of its leading-edge biometrics technologies, "Bio-Idiom"(3), featuring the world's No. 1 face recognition accuracy(4), as well as its portfolio of leading artificial intelligence technologies, "NEC the WISE"(5), including video analytics and graph-based relationship learning developed by NEC laboratories. The first area is the "Medical Care" business, featuring digital support for medical care; the second is "Lifestyle Support" business, which helps individuals in their daily lives; and the third is "Life Science" business, which supports personalized medical care with technology. Through these three areas of business, NEC aims to create a world in which individuals may live more freely and comfortably.In addition, NEC will promote R&D with an eye toward 2030 and the needs of hospitals, nursing care, rehabilitation, and other situations. NEC will also launch the Healthcare and Life Sciences Project Management Office (PMO) to support the acceleration of business development across the NEC Group. Furthermore, NEC will create new value in the healthcare and life sciences fields through co-creation with a wide range of external partners. In November, for example, NEC will launch NEC Expert Committee on Healthcare and Life Sciences, aiming to implement a future image of society with experts from a variety of positions and perspectives. NEC aims to support society and the healthcare sciences field through the provision of services and products tailored to individuals, including both consumers and healthcare professionals.(1) Reception system: System for preparing medical fee statements(2) NEC's AI Drug Development Business https://www.nec.com/en/global/solutions/ai-drug/index.html(3) About Bio-IDiomhttps://www.nec.com/en/global/ad/bio-idiom/(4) Since 2009, NEC has repeatedly been ranked first in the face recognition accuracy evaluation by the National Institute of Standards and Technology (NIST).https://www.nec.com/en/global/solutions/biometrics/face/index.html(5) NEC announces new AI technology brand, "NEC the WISE"https://www.nec.com/en/press/201607/global_20160719_01.htmlAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Sep 8, 2021 - (亚太商讯 via SEAPRWire.com) - 田中控股株式会社旗下从事田中贵金属集团制造事业的田中贵金属工业株式会社(总公司:东京都千代田区、执行总裁:田中 浩一朗)宣布,对美国风险投资公司Ambix Venture Management, LLC(“Ambix Ventures”)管理的医疗器械风险基金“Ambix Life Science Fund I, L.P.,”进行了出资。田中贵金属工业通过此次的出资,不仅对日本国内,也进一步加强了在海外的拓展,并将对安全放心的医疗行业的发展作出贡献。出资的背景和目的田中贵金属工业正面向医疗器械厂商供应贵金属部件材料及参与开发项目,为医疗领域的发展提供协助并作出贡献。而且除此以外,还对多个医疗器械风险基金进行了出资,此次为了比以往对医疗行业的发展作出更大贡献,决定对以医疗器械创新中心地区之一的硅谷为网点开展活动的风险基金Ambix Ventures进行出资。我们希望通过对医疗行业较为著名的创业者Aaron Berez医学博士和Peter N. Townshend先生管理的该基金进行出资,以进一步加强与美国医疗行业的联系,并在医疗领域内有效利用贵金属部件材料,为先端医疗的进步作出贡献。Ambix Ventures的Berez博士对于此次股权出资发表了以下讲话,“随着COVID-19冠状病毒大流行的出现,世界发生了巨大的变化。然而,它也让我们深刻地认识到全球医疗基础设施及挑战的重要性。我们Ambix很高兴能成为面对这个持续性挑战的一份子,对我们而言让医疗更加高效将是我们永远的使命。我们欢迎田中贵金属工业加入到我们团队中来。”对于目前田中贵金属工业在医疗领域内的计划举措田中贵金属工业集团是贵金属专家,拥有的多个产品,例如用于半导体的bonding wire及燃料电池用催化剂等,占全球市场份额都比较大。通过从采购到产品开发、回收的循环型事业,稳定供应作为宝贵资源的贵金属。田中贵金属工业将医疗领域作为在充分发挥贵金属特性的同时,能为社会作出贡献的领域进行持续关注,并开展使用金胶体的体外诊断套组的受托制造,以及面向日本国内外医疗器械厂商提供贵金属部件材料。使用白金及金等的贵金属部件材料多用于球囊导管及导丝栓塞线圈、支架等血管内治疗用装置。白金及金等贵金属除了具有生物相容性之外,与其他金属相比具有比重较大,X射线可透过性较低的特点。因此,利用其具有的优势,可在将球囊导管等医疗器械插入血管内时,通过识别貴金属部分,确认在血管内的位置,同时进行手术。关于Ambix Life Science Fund和Aaron Berez医学博士Ambix Life Science Fund I, L.P.是美国的风险投资公司Ambix Venture Management, LLC管理的医疗器械风险基金。从2020年5月开始运营。Ambix Venture Management的两位经营者之一的Aaron Berez医学博士是Alembic LLC的创始人兼CEO,是脑血管内治疗领域的具有代表性的连续创业者。他以开发PiPeline栓塞器械 (PED) 而闻名,这是 Chestnut Medical Technologies, Inc.首个获得 FDA 批准的血流导向装置。他合作过的其他医疗器械公司还包括 Cathera、SMaRT Therapeutics, Inc.、Endovasix、C2 Therapeutics和Sapheon。Ambix Venture Management的另一位经营者Peter Townshend是一名律师、商业顾问,也是风险企业、天使投资及风险投资、商业交易及并购方面的权威。自1996年以来,Peter一直为生命科学风险企业提供咨询服务。他于2017年创立了Townshend Venture Advisors, LLP,此前曾长期担任硅谷和圣地亚哥的多家技术律师事务所的高级合伙人(最近是 Perkins Coie LLP)。Peter在职业生涯中曾与多家生命科学公司合作,包括Atrionix(已被强生公司收购)、Apriva Medical(已被ev3公司收购)、Adeza Biomedical(IPO)、Abunda Nutrition(已被 Evolva公司收购)、MitraLife(已被ev3公司收购)、Chestnut Medical(已被ev3公司收购)、ConforMIS(IPO)、Cathera(已被美敦力公司收购)、Companion Medical(已被美敦力公司收购)和现有的风险企业Avails、ThrombX Medical、Alembic 以及包括Palmera在内的所有Alembic的投资组合公司,并担任Alembic Syndicate对ABK投资的首席投资者法律顾问。Peter已协助其客户筹集了超过20亿美元的私人及公共融资。Ambix Life Science Fund I, L.P.概要基金名:Ambix Life Science Fund I, L.P.(特拉华州有限合伙企业)设立时间:2020年5月该基金是一个基于长期存在的医疗器械投资者财团创建的相对较新的基金。 该基金旨在通过投资医疗保健类风险企业,为全球尖端医疗保健的发展做出贡献。新闻稿: https://www.acnnewswire.com/pdf/files/20210908_CH.pdf田中控股株式会社(统筹田中贵金属集团之控股公司)总公司:东京都千代田区丸之内2-7-3 东京大楼22F代表:执行总裁 田中 浩一朗创业:1885年设立:1918年※资本额:5亿日元集团连结员工数:5,193名(2020年度)集团连结营业额:1兆4,256亿1,700万日元(2020年度)主要事业内容:作为田中金属集团的核心持股公司,从事战略性及效率性的集团运营及集团各企业的经营指导网址: https://www.tanaka.co.jp ※2010年4月1日转换到以田中控股株式会社为控股公司的体制。田中贵金属工业株式会社总公司:东京都千代田区丸之内2-7-3 东京大楼22F代表:执行总裁 田中 浩一朗创业:1885年设立:1918年注册资金:5亿日元员工人数:2,453名(2021年3月31日) 销售额:1兆2,510亿6,689万7,000日元(2020年度)经营内容:制造、销售、进口及出口贵金属 (白金、金、银及其他)和各种产业用贵金属产品网址: https://tanaka-preciousmetals.com 关于田中贵金属集团田中贵金属集团自1885 年(明治18年)创业以来,营业范围以贵金属为中心,并以此展开广泛活动。在日本国内,以最高水准的贵金属交易量为傲,长年以来不遗余力地进行产业用贵金属制品的制造和销售,以及提供作为宝石饰品及资产的贵金属商品。并且,作为贵金属相关的专家集团,国内外的各集团公司进行制造、销售以及技术一体化,携手合作提供产品及服务。此外,为了不断地推进全球化,在2016年还将Metalor Technologies International SA纳入了集团企业当中。田中贵金属集团今后也将作为贵金属的专家,通过事业的发展,为宽裕丰富的生活贡献一己之力。田中贵金属集团核心5家公司如下所示 :- 田中控股株式会社,纯粹控股公司 - 田中贵金属工业株式会社- 田中电子工业株式会社- 日本电镀工程株式会社- 田中贵金属珠宝株式会社报导相关咨询处田中控股株式会社 https://tanaka-preciousmetals.com/en/inquiries-for-media/ Copyright 2021 亚太商讯. All rights reserved. (via SEAPRWire)
HONG KONG, Aug 20, 2021 - (ACN Newswire via SEAPRWire.com) - Yincheng Life Service CO., Ltd. ("Yincheng Life Service" or "the Company", together with its subsidiaries, "the Group") (Stock code: 1922) announced its interim results for the six months ended 30 June 2021 (the "Period").From left to right: Executive Director, Deputy Director and CFO, Huang Xuemei, Chairman and Non-executive Director, Xie Chenguang, Executive Director and President, Li Chunling, Director of the Center of Capital Market, Xu ZanResults performance has risen steadily with revenue and profit increasing over 40%During the Period, the Group's revenue increased by approximately 41.0% period-on-period from approximately RMB416.9 million to approximately RMB587.7 million. The revenue from the property management services reached RMB461.8 million, representing an increase of 37.3% period-on-period and accounting for 78.6% of total revenue. The revenue from community value-added services increased by 56.3% period-on-period to RMB125.7 million, accounting for 21.4% of total revenue.As compared with the corresponding period in 2020, Profit for the Period increased by 47.2% period-on-period to RMB44.0 million and profits attributable to owners of the Company amounted to approximately RMB40.2 million, representing an increase of approximately 36.1% period-on-period. The net profit margin was 7.5%, up 0.3 percentage points period-on-period. The gross profit increased by 20.1% period-on-period to RMB97.8 million. Gross profit margin was approximately 16.6%.Adopted a two-pronged strategy, further expanded the market presenceYincheng Life Service is stabilising its inventory meanwhile actively expanding its contract volume, to ensure a stable and orderly development of its business. In terms of stabilising inventory, the renewal rate of the Group's existing customers has maintained a high level of 92.9% for its quality services and good operational strength. The integrated collection rate of residential properties' customers reached 64.9% (the proportion of the amount paid to the property management fees receivable for the year) during the Period. The Group is confident to maintain a collection rate of more than 90% and a prepayment rate of about 40% throughout the year, as it enters the peak period of collection during 2H2021. For expanding contract volume, the Group secured a net addition of 267 new residential properties projects during the Period through multiple channels, including direct engagement by customers, acquisition and winning public tenders. Yincheng Life Service has been adhering to the strategy of further developing the market in Yangtze River Delta Megalopolis and bringing the advantage of its centralised regional development strategy into full play, and the Group has been expanding its business coverage with the strategy of "increasing the presence in Nanjing, expanding the market in the southern part of the Jiangsu Province and exploring the market in Huaihai district". As of 30 June 2021, the Group's contracted GFA and GFA under management were approximately 50.9 million sq.m. and approximately 49.0 million sq.m., representing a period-on-period increase of 36.5% and 45.4% respectively. The Group's business covered 19 cities in China and managed 636 properties, including 385 residential properties and 251 non-residential properties, serving over 450,000households which covers over 1.4 million customers.External expansion scale was better than expected and further enhanced the proportion of third-partyLeveraging its advantages in business model, quality services and reputation, as well as strong market expansion capabilities, the Group further consolidated its position as a regional leader in the industry. During the Period, GFA under management of the Group increased by approximately 10 million sq.m.. Among which, the proportion of GFA under management secured from third-party property developers further increased to a high level of 84.2% (1H2020: 81.8%). As an expert in the operation of Second-hand Projects, most of the Group's new expansion projects have quickly converted from contracted projects to GFA under management a few months after engaged from property owners' associations, and starts to contribute revenue within the year.It is worth mentioning that Yincheng Life Service has stepped up its efforts in expanding its business in regions other than Nanjing since last year, and has achieved remarkable results. Currently, the Group's GFA under management in regions other than Nanjing has exceeded 18 million sq.m., representing a significant period-on-period increase of 75.6%, and has further increased its proportion to the total GFA under management to 37.4% (1H2020: 31.0%), showing that the Group was able to replicate its success in Nanjing to other regions.Intensive cultivation of competitive products in non-residential properties, achieving good results in subdivisionsNon-residential projects with higher gross profit margin have become the focus segment of the Group in recent years. As of 30 June 2021, non-residential GFA under management of the Group amounted to 10.6 million sq.m., representing a period-on-period increase of 52.1% to 251 projects, and the total annualized contract value amounted to approximately RMB470.0 million. During the Period, the contribution from non-residential properties recorded a revenue of approximately RMB218.8 million, almost reached 5:5 in comparison to the revenue contribution from residential properties, with a more outstanding growth rate of 41.3% The Group's non-residential projects cover 11 types of properties, and has intensively cultivated leading products such as hospitals, financial institutions, government facilities, and landmark buildings to build benchmark projects, striving to become an expert in these subdivisions and gain a considerable market share in the high-quality non-residential market. The Group successfully acquired Huiren HengAn last year, which secured new engagements from five hospital institutions during the Period, hence further consolidated the Group's leading position in hospital property management market. The Group has also won the property management projects for various landmarks, such as the Nanjing City Wall and Jinling Museum, which will help to enhance the Group's reputation and brand image. In February this year, the Group also established a joint venture company to tap into the property management market of large shopping malls and commercial streets, the Group expects to accumulate experience from these projects which can help acquire more customers of similar type in the future and expand source of revenue.Diversified community value-added services have great growth potentialIn terms of community value-added services, the main purpose of which is to maintain customer satisfaction, so the Group is determined to provide value-added services only where there is a strong demand, of which successful examples include fitness training, pick-up lockers, electric vehicle charging, home renovation, group catering and other services. During the first half of 2021, Yincheng Life Service launched live-in elderly care services in response to the favourable "property + elderly care" policy and the needs of property owners, and has become a pilot entity in Nanjing. At the same time, benefiting from the presence of its projects in Nanjing, the Group's electric scooter battery swap services launched at the end of 2020 developed rapidly during the first half of the year. At present, the Group has built more than 270 smart battery swapping stations in Nanjing, with more than 2,700 registered active riders, which the Group believe this business can start generating considerable profit after one to two years of implementation period.In recent years, as the social value and contribution of the property management industry have been highly recognised by the whole society, the property management industry is in a golden period of rapid growth and development, with its prospects being highly recognised. The Group is highly recognised in society for its significant growth in management scale, industry-leading service quality, excellent customer reputation and business development, and was ranked 18th among the top 100 property service enterprises in China in 2021 and topped the 2020 Nanjing Property Credit List.XIE Chenguang, Chairman of Yincheng Life Service CO., Ltd., said: "Looking ahead to the second half of the year, we will strive to achieve the annual performance target in accordance with the established strategy. In terms of business development, the Group will continue to focus on market expansion and identify high-quality merger and acquisition targets that can bring along real synergies for expanding our business scale; we will strive to acquire more projects outside Nanjing and quickly develop economy of scale and brand impact in the local areas; incorporate more residential projects into our community value-added services to enhance the residents' well-being, while different types of 'Industry +' services are sought to be offered to customers of non-residential projects in order to provide protection for non-residential customers, allowing them to realise greater business value. We believe that, by adhering to the concept of 'reputation comes first, operation is the key', establishing presence in Yangtze River Delta Megalopolis to give full play to the strategic advantages of regional centralisation, and adopting the multi-pronged management approach, the Group will be able to seize the favourable policy and market opportunities. As such, the Group can expand its scale, maintain long-term sustainable development, improve profitability and deliver greater returns to the shareholders of the Company."About Yincheng Life Service CO., Ltd.Yincheng Life Service CO., Ltd is an established property management service provider in China, with over 20 years' industry experience for the provision of diversified property management services and community value-added services. Through the high-quality property management services provided by the Company, Yincheng Life Service successfully translated into one of the leading property management service providers in Nanjing and Jiangsu Province, the PRC from a local property management service provider in Nanjing. The Company ranked the 18th among the top 100 property service enterprises in China in 2021. The business scope of Yincheng Life Service covers a wide spectrum of properties, including residential properties and non-residential properties covering government facilities, financial institutions, property sales offices, hospitals, commercial complex, parks, highway service area, industrial parks, mixed-use properties, schools and office buildings. As at 30 June 2021, the Group provided property management services in 19 cities of the Yangtze River Delta, which has approximately 50.9 million sq.m. contracted GFA and GFA under management were approximately 49.0 million sq.m., and more than 636 properties under managed.For more information about the Company: www.yinchenglife.hk Issued by Porda Havas International Finance Communications Group for and on behalf of Yincheng Life Service CO., Ltd. For further information, please contact:Porda Havas International Finance Communications GroupMr. Bunny Lee +852 3150 6707 bunny.lee@pordahavas.comMs. Mandy Chen +852 3150 6721 mandy.chen@pordahavas.comMs. Cecilia Chen +852 3150 6769 cecilia.chen@pordahavas.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
KUALA LUMPUR, Jul 23, 2021 - (ACN Newswire via SEAPRWire.com) - Dynafront Holdings Berhad ("DynaFront" or the "Company"), an insurance technology specialist, made a successful debut on the LEAP Market of Bursa Securities Malaysia Berhad ("Bursa Securities") today at 23 sen per share, which was 2 sen or 9.6% higher than its offer price of 21 sen per share.L-R: DynaFront Non Independent Non Executive Director Mr. Chan Choong Wai; DynaFront Executive Director/Group Chief Operating Officer Ms. Gan Hui Ping; DynaFront Managing Director/Group Chief Executive Officer Mr. Chan Eng LimThe Company and its subsidiaries ("Group") specialises in developing and providing proprietary and customised enterprise information technology ("IT") solutions for a broad range of life insurance companies, including conventional life insurers, Takaful operators, independent corporate life insurance agencies and group assurance operations. DynaFront's solutions, offered either as proprietary software products or managed services, have been successfully deployed to markets in Malaysia, Indonesia, Singapore, Philippines, Taiwan and Hong Kong.The Group offers a comprehensive suite of software solutions extending from front-end sales automation systems to back-end individual and group life administration systems including PrecentiaCMS for front-end sales automation system, PrecentiaLife for back-end individual life administration system as well as PrecentiaGroup, a suite of back-end group life administration systems for employee benefits. DynaFront also offers PrecentiaTakaful supporting the Wakalah, Mudharabah and hybrid concepts and can be integrated into various Takaful models.Mr. Chan Eng Lim, Managing Director and Group Chief Executive Officer of DynaFront said during the Listing Ceremony today, "We pride ourselves with the fact that many of our key management staff were formerly from the life insurance industry. Our extensive industry background and in-depth domain knowledge, coupled with our broad IT expertise, have been instrumental not only in the design and engineering of our software solutions, but also to our Group's success over the years.""Moving forward, our Group will continue to expand and evolve our solution offerings by adopting microservices based architecture to deliver consistent, high-quality services with security, reliability and agility in all our solutions to our customers. With this adoption of microservices architecture, we expect our next generation of software solutions to be lightweight with modern technology stacks and AI driven, in our quest to create a smarter insurance ecosystem.DynaFront is also moving into the virtual insurance space, with the Group's research and development team focusing on the development and implementation of new mobile applications in wearable technologies, including web-enabled smart devices that use embedded systems, such as processors, sensors and communication hardware, to collect, send and act on data acquired from their environments such as temperature screenings and, movement detections to smart watches and wearable health devices. Real-time syncing and processing of data between wearables and our platform microservices as well as real-time health monitoring will enable life insurance companies to structure insurance products which are more customised and suited for the policy holders.Hong Leong Investment Bank Berhad is the Approved Adviser, Placement Agent and Continuing Adviser for the listing exercise.For more information, please contact Hakim J. Munif at +60 12-318 5410 or h.juraimi@swanconsultancy.biz. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Jun 20, 2021 - (ACN Newswire via SEAPRWire.com) - Following the success of Pinduoduo, the market in lower-tier cities and counties can always tell a fascinating story in the capital market. In a competitive society where involution is becoming more and severe, exploring the market in lower-tier cities and counties, as a trend strategy originated in the e-commerce industry, also starts to prevail in other industries where people are seeking breakthroughs, such as the property management industry.Not long ago, in a live broadcast event, Felix Wang, Chairman, ED & CEO of Central China New Life (9983.HK), mentioned several future development directions of Central China New Life, which include the strategy of exploring the lower-tier markets.At present, Central China New Life is considered to be in low valuation. Can it break through involution by exploring lower-tier markets and other To-C businesses? Can this newly listed enterprise in HKEX realize its revaluation?With a steadily growing foundation, the property management sector becomes the highlight in HKEXSince last year, the capital market of Hong Kong stock market has paid more attention to the property management sector, where the share prices of many companies, including Poly Property Development Co., Ltd, have doubled. Central China New Life, which was listed in HKEX in May last year, also attracted lavishing attention recently due to the significant rise of its share price. Why does the property management sector become the focus of the capital market?As a matter of fact, due to the epidemic situation, the shortcomings of many industries have been exposed. It is the honed enterprises and industries that can survive the storm. From the perspective of the nature of the property management industry, property management enterprises have the advantages of predictable short-term performance growth, sufficient cash flow, charging before service, etc. At the same time, the industry has great potential and low concentration, so it is very likely that bull stocks will appear in the future.From the perspective of specific business, the most basic business of the property management company - property management, can basically achieve steady growth. It is the common sense that in general unless a property company performs too poorly, few owners will demand changing property management company. In other words, the renewal rate of property management companies is very high and stable.We can confirm this point through the data provided by China Index Academy: the renewal rate of top 100 property management companies in China is maintained stably over 98%.For example, the GFA under management of Country Garden Service is increasing year by year, from 122 million square meters in 2017 to 276 million square meters in 2019. In addition, according to the latest annual result of Central China New Life, at present, the GFA under management and contracted GFA of the company have reached 100 million square meters and 186 million square meters respectively, with an amazing increase of 75.5% and 62.2% respectively compared with the end of 2019.It is worthwhile to note that the ceiling maybe low if a property management enterprise only rely on property management business.In fact, the large number of property owners that property management companies owned is a treasurable resource envied by many Internet enterprises. The property management enterprises naturally have this flow advantage. If the property management enterprises can leverage the "user-centric thinking" of the Internet industry and think out of the box of traditional property management enterprises, treating every property owner as a separate network user rather than residents who pay management fees, the property management enterprises may achieve continuous breakthrough in its businesses.For example, the "Central China Consumers Club", ran by Central China New Life, "memberises" the property owners, builds a membership system around different owners and provides customized services. The development potential of such business is much broader than the sole property management business.Then, having shown strong ambition in the live broadcast activities, how will Central China New Life grow its "wealth" through To-C businesses?How to operate the To-C business with upgraded "Jianye+"?The news that Nice Tuan was fined caused a new round of panic in the community group purchase industry. Indeed, the group quickly captured a part of the market through price war, from Meituan Selected to Chengxinyouxuan of DiDi and Pinduoduo. It can be said that as a business that can approach the "last three kilometers" life circle of users, community group purchase business is bearing internet companies' dream of exploring market in lower-tier cities and counties.However, lacking offline resources, internet companies usually utilise a large number of third-party forces, such as community leaders and delivery workers, which will increase costs when facing the business that needs a strong supply chain.Compared with the internet enterprises, if property management companies enter O2O business, such as community group purchase, on the one hand, the property management companies can contact users face-to-face, and are "100 meters" away from users. They are closer physically and can serve the community users more intimately.On the other hand, compared with the internet enterprises which need to build another distribution system, property management companies play the role of the last distributor, saving a lot of distribution costs. The personnel system of property management companies is more mature. Taking Central China New Life as an example, its offline high-density layout can reduce the cost of local life services, which is its obvious advantage.It is understood that as a new and key business of Central China New Life, Jianye+ Platform has always been given high expectations and seen as facilitating transformation. Such a platform or APP can provide users with one-stop lifestyle services, including food, clothing, living and transportation. As of the end of 2020, the number of users of Jianye+ platform is about 3.6 million, and the GMV reached about 800 million RMB. It has great future potential.Why would users choose Jianye+?It's very simple. Unlike the ordinary property management platform, Jianye+ has a relatively unique business model. In addition to daily life payment, users can also shop at a low price on the platform.For example, if users buy a popular Huawei smartphone on Jianye+, they can buy without extra pay or rush. In this way, the users of Central China New Life are more willing to shop on Jianye+.Moreover, Central China New Life uses its own resources to obtain various membership benefit for platform users, such as movie town tickets, weekly car washing service, etc. The benefit is equivalent to an "88VIP" exclusive to Jianye+ members. Users can enjoy all kinds of joint benefit. And community group purchase is just one of its businesses.Then why are brands like Huawei willing to cooperate with Central China New Life?That is because these brands regard the high value of Jianye+as important. In addition, Central China New Life is operating its "Central China Consumers Club" membership system, which can provide high net worth users.Jianye+ provides convenience for users, while digging deep into user value. Through such a complete closed loop, on the one hand, the platform benefits users, on the other hand, users feed the platform back. Why not?Therefore, the positioning of Central China New Life seems to be very clear. Different from most property management companies, Central China New Life has a greater "ambition", which is to serve not only the residents of the community, but the entire society as well.Exploring property management service markets in both low tier cities and other provinces than Henan, when will Central China New Life realize its "ambition" for revaluation?Although Central China New Life has certain advantages in the lifestyle service sector, such as its offline high-density industrial layout which helps it reduce the cost of performance of contracts. Meanwhile, the business model of Jianye+ platform is relatively clear and can be replicated, which lays the foundation for its exploration in the markets in lower-tier cities and counties and the market outside the Province in the future.However, considering the entire market currently, the P/E ratio of Central China New Life is less than 12 times, which is still undervalued.Based on the current scale of Central China New Life, it is indeed possible to make some achievements: according to the research report of Guosen Securities, it is estimated that the company's revenue and net profit attributable to the parent from 2020 to 2022 will be 2.644 billion RMB, 3.993 billion RMB and 5.590 billion RMB respectively, and the net profit attributable to the parent will be 389 million RMB, 589 million RMB and 829 million RMB respectively.These data show that the performance of Central China New Life is relatively stable, and it maintains such stable performance while launching new business.However, the capital market wants to listen to more stories with higher growth potential.Guosheng Securities focuses on the layout outside the province in its research report, which may become a major growth point for Central China New Life in the future. The company has local advantage in Henan Province and is going to expand the "Grand Central Plains strategy", including the surrounding eight provinces, which is bound to bring influence.In addition, apart from the strategy of going out, prefecture-level cities are also uncultivated land for Central China New Life in terms of spatial layout. We learned from the live broadcast that Central China Real Estate has covered 122 counties and cities in the province in 2019, and will continue to expand its coverage in more cities in the future.In fact, it is a wise move for Central China New Life to explore the lower-tier market. After all, it has obvious advantages in such market.First of all, people are the key to the basic property management business. Labor cost in prefecture-level cities is lower. Central China New Life may operate its lifestyle service business while completing the basic property management business by managing and cultivating people. The same group of people can generate more output.In terms of the overall cost of industrial layout, compared with the first and second tier cities, the industrial layout of prefecture-level cities costs less, so the layout density can be higher. Once the industrial layout density is higher, it will be easier to expand its lifestyle service sector.In other words, the layout of the sinking market can bring higher ROI to Central China New Life.Of course, Central China New Life should improve the service level of property management in order to gain a firm foothold in these lower-tier markets in the province. At the same time, exploration in the lower-tier market can provide Central China New Life with 360 consumption experience as well as data and resources for its Jianye+ TO-C business.Therefore, Central China New Life is not only a traditional property management enterprise, but also a new platform with a whole set of internet service ecology.Nevertheless, the core competitiveness of property management enterprises lies in brand, service and operation capability. Therefore, besides expanding the boundaries, the company must improve the level of property management services. Both quality and quantity are crucial.ConclusionJudging from the current stock price, the market value of Central China New Life is 10 billion HKD, which may be at a low valuation, as the market said. Therefore, Guosheng Securities, Industrial Securities, Everbright Securities, etc. maintained the "BUY" rating. In the future, if Central China New Life can upgrade the business of Jianye+ platform and make a breakthrough in other provinces and markets in lower-tier cities and counties, its will be revalued soon.Media contact:Heidi He, PeanutmediaE: hemeiyu@czgmcn.comT: +86 18138870061W: Peanutmedia.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Jun 8, 2021 - (ACN Newswire via SEAPRWire.com) - The MDRT Academy ( https://mdrtacademy.org/ ) - a new association helping financial professionals accelerate their careers - recently welcomed more than 670 advisors from Sun Life Asia to its membership ranks. The addition of 184 Sun Life advisors from Hong Kong and the rest of Asia including the Philippines, Indonesia, Vietnam and Malaysia will make Sun Life the MDRT Academy's largest membership company to date. The Academy will supplement Sun Life's Brighter Gen and Brighter Pro training and development program, and together support Sun Life's ambition to be a market leader in quality financial advice."Sun Life's goal is to have the most respected advisors in the industry, known for the quality of their advice and their professionalism," said Leo Grepin, Sun Life Asia President. "The MDRT Academy is a valuable addition to our Brighter Academy advisor development programs, which build the skills and capabilities to guide advisors along their career journey from rookie, to MDRT, and then leading agency manager. With access to the best training and experience, Sun Life advisors can achieve their career ambitions and deliver the best experience to our clients," Grepin said.Hong Kong is a key insurance hub in Asia and total gross premiums reached HK$608.4 billion in 2020, according to data released by the Insurance Authority of Hong Kong. The MDRT Academy was launched in 2017 to help financial services professionals in key markets including Hong Kong reach greater production levels and join MDRT. The MDRT Academy was designed to be a fully digital experience, allowing members to access the tools, resources and community anytime and anywhere through an intuitive website and mobile app. "We're excited to work with Sun Life, and there is no doubt that the MDRT Academy will help their advisors increase their production, improve their client service skills and learn best practices from experienced MDRT members," said MDRT President Ian Green, Dip PFS. "The tools for building a successful career in financial services are literally at their fingertips."The MDRT Academy features an assessment that helps members better understand and identify their strengths and growth areas - and personalizes content to a member's needs and areas of interest. It also offers goal setting and performance-tracking tools, monthly webcasts featuring MDRT members, Performance Guides, as well as hundreds of articles, videos and podcast episodes. MDRT Academy members also have the opportunity to attend MDRT's Annual Meeting. About Sun Life Sun Life is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2021, Sun Life had total assets under management of US$1,304 billion. For more information please visit www.sunlife.com. About MDRTMDRT, The Premier Association of Financial Professionals, is a global, independent association of the world's leading life insurance and financial services professionals from more than 500 companies in 70 nations and territories. MDRT members demonstrate exceptional professional knowledge, strict ethical conduct and outstanding client service. MDRT membership is recognized internationally as the standard of excellence in the life insurance and financial services business. For more information on the MDRT Academy, please visit mdrtacademy.org. For more information on MDRT, please visit mdrt.org. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
Good morning! Here are our top stories to kick-start your Tuesday, April 6. S'poreans who invested with crypto-trading platform Torque lose life savings Woman lost $2.5 million, including some $200,000 invested by her in-laws. READ MORE HERE MRT, bus commuters could be subject to frisk searches under proposed laws The checks can be conducted by police officers, whether or not they are in uniform, and "approved persons". READ MORE HERE New Bill will allow Govt to borrow up to $90b for long-term national infrastructure projects Safeguards will be in place so that the money borrowed is used sustainably and responsibly. READ MORE HERE More on this topic Related Story ST newsletters: Get alerts on the latest news Photos of suspect looking on after Taiwan train crashed trigger outrage He was watching as victims scrambled to safety, and apparently knew by then that his truck caused the tragedy that killed 50 people. READ MORE HERE Stingrays common around S'pore and are known to be docile unless disturbed: Experts Sentosa Development Corp has urged the public to be vigilant after two beachgoers get stung. READ MORE HERE ERP rates to go up by $1 at certain stretches of CTE, AYE from April 12 during peak hours The LTA had observed heavy traffic on these stretches from 7am to 10am with the easing of Covid-19 rules. READ MORE HERE Managing the nation's finances as one would a household To meet recurrent needs, Singapore must find recurrent revenues such as through the GST. But a sticking point is whether the need for the hike is overstated. READ MORE HERE Record $102m donated on Giving.sg in a year amid Covid-19 pandemic This was more than 2½ times the $39.5 million raised in the last financial year. READ MORE HERE Endless waiting a tough test for Olympic hopefuls The waiting for the qualifier is testing. These are children of the arena and what they do is not a work-from-home business. READ MORE HERE Outdoor life: More are going camping and hiking to be immersed in nature Visit East Coast Park on a Friday or Saturday night and there are a slew of tents lining the beachfront. READ MORE HERE
SINGAPORE - A fund has been set up as part of a new national movement to spur Singaporeans in embracing a digital lifestyle. The Digital for Life movement and fund was launched by President Halimah Yacob on Monday (Feb 8). It will have $2.5 million in seed funding, provided by the President's Challenge, and is targeted to grow to $10 million over the next three years. Madam Halimah, who is the patron for the movement, said the pandemic threatens to widen the digital divide, even as it has hastens digitalisation efforts with businesses moving online and more using digital solutions like e-payments or video-conferencing tools. Those who are unfamiliar with technological tools, or have no access to them, will face challenges in their "digitalisation journey", she added. People can also be endangered if they do not know how to identify or mitigate the risks present in the digital domain. "As the digital landscape changes rapidly, we need the entire community to come together to build and strengthen our digital resilience. "To do so, we need to understand and collectively address the digital needs of different segments of our society," said Madam Halimah, who announced the Digital for Life movement at the launch of this year's President's Challenge. The event was held at NTUC Health's Senior Activity Centre in Taman Jurong. The fund will support community-initiated projects which encourage people to adopt digital technology. It will also support activities that promote good digital habits, such as in the areas of cyber safety and media literacy. The Community Chest will help facilitate community contributions towards this fund, with the Government matching donations dollar for dollar. This year's President's Challenge will focus on building a digitally inclusive society, said Madam Halimah. It will also raise funds for a record total of 92 agencies, to help the vulnerable tide through the difficult times caused by the ongoing pandemic. The money will go towards programmes such as Touch Community Services' Digitally Ready Families, which supports the low-income in using digital technology effectively. More on this topic Related Story Firms to add $18.4b in value, 22,200 skilled jobs with Enterprise Singapore help last year Related Story More software programmes and tools to help SMEs in marketing, e-payment and working from home Touch Community Services is a not-for-profit organisation which helps individuals navigate family relationships. Other agencies which will receive support from this year's President's Challenge include Food from the heart, Lutheran Community Care Services, and Montford Care. In her speech, Madam Halimah warned that the year ahead will continue to be a challenging one, as the virus is still a threat globally and economic headwinds will likely persist in the near term. "As we forge ahead, let us not forget those who are most vulnerable amongst us." LISTEN TO THE BIG STORY PODCAST More on this topic Related Story Pilot programme at Geylang East Public Library helps seniors access public services Related Story Digital Divide: Language barrier, scam fears stop some from using tech
HONG KONG, Feb 8, 2021 - (ACN Newswire) - Central China New Life Limited (Stock Code: 9983.HK) issued earlier a positive profit alert on its 2020 annual results in which it forecast the company's net profit to increase by no less than 80%. The Company's strong performance, which exceeded market expectations, subsequently earned "Buy" or "Overweight" ratings from different securities houses. The price targets issued by securities houses ranged from HKD11.2 to HKD16.47, indicating potential upside of between 47% and 88% compared to the stock's closing price of HKD7.6 last Friday. Everbright Securities was the most upbeat among different securities houses as it significantly raised its target price originally set at HK$14.62 to HK$16.47. CCBI reiterated the company as the top pick among property management sector. Recommendation / Target PriceEverbright Securities Buy HK$16.47CCBI Outperform HK$13.8DBS Buy HK$12.51BNP Paribas Buy HK$13.2CMB International Buy (Initiation) HK$11.2Guosheng Maintain Buy HK$14Central China New Life has announced that its unaudited consolidated net profit attributable to shareholders for the year ended 31 December 2020 was expected to expand substantially by no less than 80% compared to the previous year's level. It attributed the huge increase mainly to (1) the significant increase in gross floor area under management and revenue growth from value-added services of the property management and value-added services; (2) increased revenue from lifestyle services resulting from the significant increase in the number of registered users of the Group's Jianye+ platform; and (3) the Group's implementation of quality improvement and efficiency enhancement measures, resulting in the continuous decline of the management expense ratio. The strong performance has subsequently earned upbeat recommendations from different securities houses.Everbright Securities: Benefits of deep penetration gradually unleashed; Issues "Buy" recommendation and raises target price to HKD16.47Everbright Securities said in a research report that after Central China Real Estate's expected successive delivery of projects, acquisition of new projects and expansion of existing projects, the density of its projects in Henan Province will further increase, and the benefits of its long-term deep penetration into the region will gradually materialize. As a result, it will enhance its cost control and rapid expansion capabilities, as well as the standard of its property management services. Moreover, the company's Jianye+ platform will take full advantages of the concentration of its users in the region, and it will benefit from the multiplier effect and user coverage expansion. Everbright Securities has maintained its "Buy" rating and raised its target price for the Company from HK$14.62 to HK$16.47.CCBI: Reiterates view that Central China New Life is top pick among property management companies; Maintains "Outperform" rating with target price of HKD13.8CCBI said in a research report that as of Dec 2020, non-residential properties accounted for 41% of Central China New Life's managed GFA, up from 30% in 2019, showcasing the management's efforts to diversify the company's management portfolio. CCBI expects Central China New Life's contracted GFA and managed GFA to grow by 40-50% in 2021, and it forecast the CAGR of the company's net profit to reach 53% in 2020-2022. CCBI has reiterated its view that Central China New Life is its top pick among property management companies, and it has maintained its "Outperform" rating on the Company with a target price of HKD13.8.DBS: Maintains "Buy" rating with target price of HK$12.51; Undervalued high-growth stock According to a DBS research report, Central China New Life has a well-established Jianye+ platform that is already operating under a well-proven membership model. It is well-positioned for future community monetization. As of the end of December 2020, the Company's contracted and managed GFA reached guidance of 186 million sq.m. and 100 million sq.m., respectively. Thanks to its regional focus in Henan, Central China New Life has the highest project density among its peers and it has ample room to enjoy gains in operational efficiency. DBS has raised its forecast FY2020-2022 earnings for Central China New Life by 5%-8% and maintained its "Buy" rating with a target price of HK$12.51.BNP: Strong growth likely over next three years; Maintains "Buy" rating with target price of HK$13.2BNP said in a research report that Central China New Life has issued a positive profit alert and has maintained strong growth across all segments. Central China Real Estate's delivery of projects and the new property management contracts awarded by third-party developers will drive the company's strong revenue growth over the next three years. In addition, the company's Jianye+ one-stop online-to-offline platform for products and services offers huge potential to scale up the number of its users. The platform will serve as the principal driver of its lifestyle services segment. BNP considers Central China New Life's current share price as undervalued and it has maintained its "Buy" rating for the company with a target price of HK$13.2.CMBI: Initiated a "Buy" rating on Central China New Life with target price at HK$11.2 on its prominent regional leadershipCMBI said that Central China New Life has established strong leadership in Henan. Its rapid growth can compensate for its lower property management fees as a regional property management company. As of December 2020, Central China New Life's reserved GFA stood at 87% of its total GFA under management, clearly demonstrating its highly visible expansion track. CMBI expects the company's total GFA under management to achieve a CAGR of 52% between 2019 and 2022. Its merger and acquisition activities in Henan will drive its growth further. CMBI considers that the company's regional leadership is currently underestimated and has initiated a "Buy" rating on the company with a target price of HK$11.2. Guosheng Securities: Maintains "Buy" rating on Central China New Life and raises target price to HK$14 as it accelerates business layout establishment beyond the province Guosheng Securities said in a research report that Central China New Life acquired 51.0% of Taihua Jinye for a consideration of RMB100 million at the end of last year. The acquisition not only solidifies further the company's business layout beyond the province, but it will also continue enhancing its project density in Hebei. In 2020, new registered users of the Jianye + platform rose 30.3% year-on-year to 1.49 million. The annual GMV was RMB780 million, an 83.9% spike year-on-year. With the continuous expansion of the company's user coverage, GMV of the Jianye + platform is expected to maintain its rapid growth going forward. Guosheng Securities has maintained its "Buy" rating for the company and raised its target price from HK10 to HK$14 (based on 25x PE in 2021(E)). Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com
TOKYO, Jan 26, 2021 - (JCN Newswire) - Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order from Kagoshima City for refurbishment of its Hokubu Waste-to-Energy (WtE) Plant. The order calls for renovation of the facility's stoker type incinerator, capable of processing 530 tonnes per day (tpd)(Note1), to extend the plant's service life and enhance its energy efficiency. The contract is valued at 6.75 billion Japanese yen, with completion scheduled for February 2026.Under the newly concluded contract, the service life of Kagoshima's Hokubu WtE Plant will be extended through refurbishment of main equipment: including the waste receiving hopper as well as all equipment handling combustion, combustion gas cooling, flue gas treatment, waste heat recovery, ventilation, ash treatment, water supply and electrical instrumentation. To increase energy efficiency, high-efficiency motors and inverters will be newly adopted throughout the facility. The introduction of a low-temperature catalyst in the plant's desulfurization equipment, a proprietary technology of MHIEC, will enhance the facility's heat recovery ratio, while a low-air-ratio combustion system will improve combustion and enhance boiler efficiency. By increasing the steam turbine output from 8,700 kilowatts (kW) to 10,005 kW, CO2 emissions will be annually reduced by more than 10%, helping to curb global warming.The Hokubu WtE Plant was originally designed and constructed by MHI. On completion in March 2007, the facility incorporated two stoker type incinerators each providing a processing capacity of 265 tpd, plus related equipment. It offered an electricity generation capacity of 8,700 kW. Today, renovation of WtE plants is increasing as operators seek to extend the service life of their facilities and reduce their environmental impact. The trend has accelerated further following establishment of a related subsidy program(Note2) by the Japanese national government in fiscal 2010.MHIEC succeeded to MHI's environmental protection business in 2008, taking over its accumulated technological development capabilities in environmental protection systems as well as its broad expertise in the construction and operation of waste management facilities both in Japan and overseas. Based on this strong track record, MHIEC is well positioned to propose and provide comprehensive solutions encompassing all aspects from plant construction to operation.Going forward, on the strength of this record and boosted by this latest contract, MHIEC will pursue additional refurbishment projects to enhance the energy efficiency and stable operation of existing waste treatment plants. It will also proactively propose solutions for lowering maintenance expenses and other lifecycle costs, in a robust quest to attract new orders.(1) A stoker furnace is the main type of WtE plant. Waste is combusted as it moves along on a fire grate made of heat-resistant castings.(2) This program, administered by Japan's Ministry of the Environment, centers on fostering improvements to existing facilities for more effective use, and as a measure to mitigate climate change in the waste management sector. Municipal governments seeking to extend the service life of their WtE facilities and implement climate change countermeasures are eligible for subsidies on projects that will reduce CO2 emissions (promoting the introduction of leading-edge facilities), or grants for establishing a sound material-cycle society, equivalent to one-half or one-third of project costs. Copyright 2021 JCN Newswire. All rights reserved. www.jcnnewswire.com
Guangzhou, China, Dec 23, 2020 - (ACN Newswire) - 'LeSoleil', a naturally active compound, was discovered as a therapeutic candidate for use against COVID-19. As the new coronavirus began to spread globally, Suntrap Life Technologies Ltd established a special research team. The project, "Research on Anti-New Coronavirus (COVID-19) Prevention Products", was launched in an emergency situation. Working from the naturally active compounds screening and discovery platform developed by the International Drug Discovery Network Unites (IDDNU)*, the Suntrap research team conducted high throughput virtual screening of all naturally active compounds in the library, aiming to isolate compounds with a potent antiviral activity while ensuring safety.Cell viability in COVID-19 sensitivity experiment - A: The cell control group, B: The virus control group, C: The drug test group *LeSoleil Concentration = 114.8 nM Consequently, 'LeSoleil', a potential therapeutic treatment was discovered. After further evaluation of its antiviral activity and safety, a sensitivity experiment with COVID-19 and 'LeSoleil' was scheduled in conjunction with Guangdong Provincial Center for Disease Control and Prevention and Guangdong Provincial Institute of Public Health. With core R&D progressing smoothly, the effective prevention, and treatment, of COVID-19 were coming into view.The sensitivity experiment was started in August, lasting one month. The results indicated 'LeSoleil' has a potent in vitro inhibitory effect on COVID-19, with great potential to become a drug candidate. The experimental details showed that the TC50 (Half Toxicity Concentration) of 'LeSoleil' is 71.16 nM, within which the highest inhibitory rate for COVID-19 reached 99.41%. In addition, 'LeSoleil' retained a high inhibitory effect against COVID-19 even at low concentration, which has been particularly prominent in several verification experiments. The images show the viability of cells at a concentration of 114.8 nM, with an unexpected inhibition rate up to 63.06%.Furthermore, the in vivo experiment showed LD50 of 'LeSoleil' is above 2000 mg/kg. As a naturally occurring compound, the plant-derived 'LeSoleil' has the advantages of low toxicity, good tolerance, and high accessibility, which provide a guarantee for the rapid development of multi-dose protective and therapeutic drug products. The research team completed the formulation of "ShengPu No.1" and "ShengPu No.2", which provide protection against COVID-19 in the nasal cavity and the oral cavity, respectively, in a spray dosage form. In these formulations, the antiviral effects of 'LeSoleil' remain the best while ensuring safety. At the same time, drugs and clinically therapeutic formulations for the treatment of COVID-19 are being further explored.Suntrap researchers hope to develop effective drugs for the prevention and treatment of the broad-spectrum coronavirus as soon as possible.*http://suntrap-centre.com/iddnu, http://www.suntrap.comContact:Suntrap Life Technologies Ltd.Zoe Zhou, Media SupervisorE: 2113@suntrap.comT: +86 18825197167The copyright in this article belongs to Suntrap Life Technologies Ltd.22 Longrong Road, Hualong Town, Panyu District, Guangzhou, China.Any reproduction must cite Suntrap Life Technologies Ltd, http://www.suntrap.com as the source. Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com


















