SINGAPORE – Media OutReach – 6 September 2022 – Resorts World Sentosa (RWS) will present the Wine Pinnacle Awards again in a second edition from 28 October to 1 November2022.
HONG KONG SAR – Media OutReach – 6 September 2022 – BlueOnion, a leading global ESG modeling, and analytics platform is pleased to announce the appointment of Dr. George Lam as Non-Executive Chairman of the Board with immediate effect.
https://www.linkedin.com/company/blueonion/ Website – https://www.blueonion.today/
About Dr. George Lam, BBS, JP
Dr. George Lam has extensive international experience in general management, strategy consulting, corporate governance, direct investment, investment banking, and asset management.
Dr. Lam is a member of the Governance Committee of the Hong Kong Growth Portfolio and the Development Bureau Common Spatial Data Advisory Committee of the Hong Kong Special Administrative Region Government, a member of the Court of the City University of Hong Kong and the Belt and Road and Greater Bay Area Committee of the Hong Kong Trade and Development Council, Chair of the United Nations Economic and Social Commission for Asia and the Pacific Sustainable Business Network, Vice Chairman of Pacific Basin Economic Council, and Chairman of the Permanent Commission on Economic and Financial Issues of the World Union of Small and Medium Enterprises.
Dr. Lam holds a Doctor of Philosophy and a Master of Public Administration from the University of Hong Kong and advanced degrees in subjects including Mathematics, Science, Law, Business Administration, and Public Administration from the University of Ottawa and Carleton University in Canada, Manchester Metropolitan University and the University of Wolverhampton in the UK, and the City University of Hong Kong.
A former member of the Hong Kong Bar, Dr. Lam is a Solicitor of the High Court of Hong Kong. He received the Director of the Year Award in 2013 and 2019, respectively, from the Hong Kong Institute of Directors (he was then a director of Hong Kong Education City and Chairman of Hong Kong Cyberport). In 2019, Dr. Lam was awarded by the HKSAR Government a Bronze Bauhinia Star (BBS) for serving the public and was appointed a Justice of the Peace (JP) in 2022 by HKSAR Government.
LOS ANGELES, US – Media OutReach – 5 September 2022 –With the current crypto market volatility, new NFT Play to Earn games being released in Q4, 2022 are starting to slow down. However, even in a bear market there are always unique outstanding projects ready to rise, and as a result, you can often find highly innovative opportunities.
Experience More Excitement and Entertainment
Versailles Heroes is not just another NFT. It is a one-of-a-kind competitive Multiplayer Online Battle Arena (MOBA) game with outstanding GameFi and metaverse elements.
Created by an experienced team of developers and blockchain experts in Los Angeles USA and Singapore, this is a P2E game that combines crypto-economics with the gaming world, NFT art and blockchain to create a self-contained gaming ecosystem for players.
Versailles Heroes has both PVP and PVE battle mechanics in its matchmaking system, meaning players can battle against each other, go head-to-head or interact with the quests in the environment.
On their adventures, players can accumulate virtual assets, which can be integrated into the embeddable NFTs. However, players must first purchase an NFT Hero from the marketplace to participate, and the winner of each game is rewarded in tokens.
Versailles Heroes Unique Selling Points
Upgradable NFTs
Versailles Heroes has an innovative the NFT upgrade system, allowing the changeable NFT data to be recorded on the chain.
Unique DeFi Duo Token
Versailles Heroes provides a duo token model that guarantees the burning of the game token, as well as the extra benefit of a big boost in mining.
NFT Hero Development
The value of each player’s NFT can increase over time. All players have room for growth, through continuous battles and upgrades so NFTs become more valuable over time.
Embedded NFTs
Embedded NFTs give the player digital ownership of items and a unique experience obtaining valuable NFT collectibles and assets, earning more match rewards throughout gameplay.
Whitelisted members earn exclusive benefits including an NFT hero box, participation in a mystery box pre-sale giving you 30% of your hero’s max MOH rewards airdropped to your wallet, plus early beta testing access.
On Monday after the sudden eviction of Amaka, all housemates excluding the HOH, Dotun was placed for possible eviction.
Leaked voting results have surfaced online with Bryann, Phyna, and Bella topping the list.
From the list, Giddyfia, Allysyn and Diana are likely to be evicted at tonight’s Saturday Live show.
The leaked list has divided the internet and caused fights among fans of the housemates.
beulah_ice: I don’t believe
p_aaalisha: I believe
big. brother.update1: Phyna before Bryan for sure although it’s gonna be tight
vivlaviv_: Hermes before everybody
j_ekyl: Fake how can eloswegbe have more fans than allysynw
__chinnyy1: I no believe
mayordgenius: Person go just sit type rubbish
Brand Spur Nigeria recalls reactions had trailed the post that leaked the alleged faces and names of some Big Brother Naija season 7, Levels Up housemates online.
Big Brother Naija season 7 premiered on Saturday, the 23rd of July, 2022, with the first batch of housemates making their grand entrance into the house.
Groovy, Beauty, Khalid, Ilebaye, Cyph, Amaka, Kess, Daniella, Pharmsam, Phyna, Bryann and Christy were the first 12 housemates to enter the Big Brother Naija season 7 level up house.
Following reports that the other sets of housemates will be unveiled on Sunday, the 24th of July, faces had surfaced on social media alleging that they were part of the housemates to be revealed.
According to a social media blog that shared the news online, the housemates to be unveiled included Dotun, Allysyn, Sheggz, Hermes and Bella.
The writer also shared the photos of some of the alleged housemates, but all will be confirmed tonight during the live show.
VICTORIA, SEYCHELLES – Media OutReach – 5 September 2022 – Bybit, the first crypto exchange in the market to offer USDC options trading, is expanding its range of crypto options to include Ether (ETH) and Solana (SOL) contracts. This comes after debuting its first-in-market, USDC-settled Bitcoin (BTC) contracts earlier this year.
By popular demand, Bybit’s new ETH and SOL options contracts represent an important step in developing more ways for Bybit users to level up their trading experience. To celebrate this launch, Bybit is offering up to 66% off trading fees for 30 days if a user registers before Oct. 4, 2022 10AM UTC.
Upon launch, Bybit users will be able to trade ETH, SOL, and BTC options and perpetuals through portfolio margin, which adopts a risk-based model for experienced traders, including market makers and institutional clients, for optimized capital efficiency.
As the first crypto exchange to build options contracts that are margined and settled in USDC, Bybit users can settle and trade with more certainty and ease without needing to own the underlying crypto asset. They are European-style cash-settled options, which can only be exercised when the contract expires.
There is no need for users to hedge the underlying collateral exposure as USDC is pegged to the value of USD, and is therefore not subject to the volatility often associated with other cryptocurrencies. All profits will also be calculated in USDC, making it easier for users to benchmark and calculate returns.
Options Trading in Crypto
With options contracts, Bybit users are able to speculate on the future price in USD of an underlying asset and settle their trades in USDC. Unlike a futures contract where the transaction is mandatory and has to be completed at the settlement date, options contracts are optional and will expire without a transaction if the price on the settlement date is deemed unfavorable. The risk of options trading is therefore relatively low for traders because the maximum risk is determined by the premium paid.
Maximize Opportunities and Capital Efficiency With Portfolio Margin
Bybit is now the one-stop gateway for USDC-settled options. Its market-beating liquidity is matched with features such as portfolio margin which lowers margin requirements on hedged positions, and unified accounts that accept BTC/ETH/USDT as collateral. The system uses a risk-based margin requirement that is aligned with the general risk of an entire portfolio. It increases capital efficiency by deploying profits from winning positions to offset the losses of losing positions in the same portfolio.
“Our users asked, and we answered,” said Ben Zhou, co-founder and CEO of Bybit. “After the inauguration of our first-in-market, USDC-settled options earlier this year, adding ETH and SOL contracts was the natural next step. Our options platform is already a major competitor in the crypto trading helped by Bybit’s deep on-screen liquidity, minimal slippage, and robust >100K TPS trading capacity/matching engine.”
Hashtag: #Bybit
About Bybit
Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR) and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.
Starring Spackman Media Group artist Wi Ha-jun, LITTLE WOMEN, which premiered over the weekend, ranked #1 for the same timeslot with an average viewership of 7.7% with a maximum of 9.0% nationwide
Filmed in Korea and Singapore, LITTLE WOMEN,headlined by Wi Ha-jun of Spackman Media Group, airs on tvN and Netflix
Previously, Wi Ha-jun starred in the original Korean series, SQUID GAME (2021), the #1 show across over 90 countries, including the US and Korea on Netflix
SINGAPORE – Media OutReach – 5 September 2022–Spackman Entertainment Group Limited (the “Group“), one of Korea’s leading entertainment production groups founded in 2011 by media & technology investor Charles Spackman, wishes to announce that LITTLE WOMEN, headlined by Wi Ha-jun of of MSteam Entertainment Co., Ltd. (“MSteam“), a wholly-owned subsidiary of the Group’s associated company, Spackman Media Group Limited (“Spackman Media Group“), premieres #1 in viewership ratings.
LITTLE WOMEN,which was released over the weekend, ranked #1 for the same timeslot with an average viewership of 7.7% with a maximum of 9.0% nationwide according to Nielson Korea, an audience rating research company.
Filmed in Korea and Singapore, LITTLE WOMEN, starring Wi Ha-jun of Spackman Media Group, airs on tvN and Netflix. It is based on the 1868 novel of the same name by Louisa May Alcott and tells the story of three poor sisters who encounter an elite-educated financial consultant (played by Wi Ha-jun of Spackman Media Group) and their face-off against one of Korea’s wealthiest and most powerful families. Kim Go-eun of THE KING: ETERNAL MONARCH (2020), THE LONELY SHINING GOD – GOBLIN (2016-2017) and CHEESE IN THE TRAP (2016) plays the other lead in the K- drama.
LITTLE WOMEN features iconic landmarks in Singapore such as Marina Bay Sands and The Fullerton Hotel. The tvN K-drama is directed by Kim Hee-won and produced by Studio Dragon.
In February 2022, Wi Ha-jun of Spackman Media Group was selected as the South Korea ambassador for Swiss luxury watchmaker, TAG Heuer, and in January 2022, he was appointed as the ambassador for his hometown, Wando-gun of South Korea. Wi Ha-jun was selected as the brand ambassador for the American premium casual brand BEENTRILL and released a beauty pictorial with YSL beauty in December 2021.
Previously, Wi Ha-jun starred in the original Korean series, SQUID GAME (2021), the #1 show across over 90 countries, including the US and Korea on Netflix. Through his role as Hwang Jun-ho, a policeman in SQUID GAME (2021), Wi Ha-jun has emerged as an internationally recognized actor.
Wi Ha-jun also starred in highly popular K-drama BAD AND CRAZY (2021), which reached first place in viewership ratings for its timeslot for consecutive weekends after its release on 17 December 2021. Moreover, he headlined the Korean crime thriller film MIDNIGHT (2021), which received the Best Feature Award at the 13th UK Grimmfest Film Festival.
In addition to Wi Ha-jun, MSteam also represents iconic Korean actress Son Ye-jin, who starred in hit romance drama CRASH LANDING ON YOU (2020), and top actress Lee Min-jung, who won the Top Excellence Award at the 2020 APAN Star Awards.
Hashtag: #SpackmanEntertainmentGroup
About Spackman Entertainment Group Limited
Spackman Entertainment Group Limited (“SEGL” or the “Company“), and together with its subsidiaries, (the “Group“), is one of Korea’s leading entertainment production groups. SEGL is primarily engaged in the independent development, production, presentation, and financing of theatrical motion pictures in Korea.
The Company was founded in 2011 by renowned media and technology investor Charles Spackman who served as the Company’s Executive Chairman until 2017. For the past two decades, Mr. Charles Spackman has been a powerhouse in the Korean entertainment industry starting in the early 2000’s with the pioneering success of Sidus Pictures, the largest movie production company at the time and the first to be listed in Korea. Mr. Spackman is also the Founder, Chairman and Chief Executive Officer of the global investment firm, Spackman Group. For more information, please visit http://www.charlesspackman.com and https://spackman-group.com/charles-spackman.
Since its founding, SEGL had produced more than 30 major motion pictures including a number of the highest grossing and award-winning films in Korea, namely #ALIVE (2020), CRAZY ROMANCE (2019), DEFAULT (2018), MASTER (2016), THE PRIESTS (2015), SNOWPIERCER (2013), COLD EYES (2013) and ALL ABOUT MY WIFE (2012).
Our films are theatrically distributed and released in Korea and overseas markets, as well as for subsequent post-theatrical worldwide release in other forms of media, including online streaming, cable TV, broadcast TV, IPTV, video-on-demand, and home video/DVD, etc. Generally, we release our motion pictures into wide-theatrical exhibition initially in Korea, and then in overseas and ancillary markets.
The Group also invests into and produces Korean television dramas. In addition to our content business, we also own equity stakes in entertainment-related companies and film funds that can financially and strategically complement our existing core operations. SEGL is listed on the Catalist of the Singapore Exchange Securities Trading Limited under the ticker 40E.
Production Labels
SEGL owns Novus Mediacorp Co., Ltd. (“Novus Mediacorp“), an investor, presenter, and/or post-theatrical distributor for a total of 79 films (58 Korean and 21 foreign) including ROSE OF BETRAYAL, THE OUTLAWS and SECRETLY, GREATLY, which was one of the biggest box office hits of 2013 starring Kim Soo-hyun of MY LOVE FROM THE STARS, as well as FRIEND 2: THE GREAT LEGACY. In 2012, Novus Mediacorp was also the post-theatrical rights distributor of ALL ABOUT MY WIFE, a top-grossing romantic comedy produced by Zip Cinema. In 2018, THE OUTLAWS, co-presented by Novus Mediacorp broke the all-time highest Video On Demand (“VOD“) sales records in Korea. For more information, please visit http://novusmediacorp.com
The Company owns a 100% equity interest in Simplex Films Limited (“Simplex Films“) which is an early stage film production firm. The maiden film of Simplex Films, JESTERS: THE GAME CHANGERS (2019), was released in Korea on 21 August 2019. Simplex Films has several line-up of films including HURRICANE BROTHERS (working title).
The Company owns a 100% equity interest in Take Pictures Pte. Ltd. (“Take Pictures“) which produced STONE SKIPPING (2020) and THE BOX (2021), and shall release THE GUEST in 2022 tentatively, and A MAN OF REASON, with the previous working title GUARDIAN, in the fourth quarter of 2022 or first quarter of 2023 in Korea.
The Company owns a 100% equity interest in Greenlight Content Limited (“Greenlight Content“) which is mainly involved in the business of investing into dramas and movies, as well as providing consulting services for the production of Korean content. Through the acquisition of Greenlight Content, the Group’s first co-produced drama, MY SECRET TERRIUS, starring top Korean star, So Ji Sub, achieved #1 in drama viewership ratings for its time slot and recorded double digits for its highest viewership ratings. Greenlight Content was one of the main investors of MY SECRET TERRIUS.
The Company owns a 20% equity interest in The Makers Studio Co. Ltd., which plans to produce and release four upcoming films, the first of which will be THE ISLAND OF THE GHOST’S WAIL, a comedy horror film.
Talent Representation
The Company holds an effective shareholding interest of 43.88% in Spackman Media Group Limited (“SMGL“). SMGL, a company incorporated in Hong Kong, together with its subsidiaries, is collectively one of the largest entertainment talent agencies in Korea in terms of the number of artists under management, including some of the top names in the Korean entertainment industry. SMGL operates its talent management business through renowned agencies such as MSteam Entertainment Co., Ltd. (Son Ye-jin, Wi Ha-jun, Lee Min-jung, Ko Sung-hee), SBD Entertainment Inc. (Son Suk-ku, Han Ji-hyun, Lee Cho-hee, Park Keun-rok), UAA&CO Inc. (Kim Sang-kyung, Kim Hye-ri, Kim Ji-young, Wang Ji-won), Play Content Co., Ltd. (Kang Min-ji, Hwang-hwi) and Kook Entertainment Co., Ltd. (Baek Si-won, Shin Ji-woong). Through these full-service talent agencies in Korea, SMGL represents and guides the professional careers of a leading roster of award-winning actors/actresses in the practice areas of motion pictures, television, commercial endorsements, and branded entertainment. SMGL leverages its unparalleled portfolio of artists as a platform to develop, produce, finance and own the highest quality of entertainment content projects, including theatrical motion pictures, variety shows and TV dramas. This platform also creates and derives opportunities for SMGL to make strategic investments in development stage businesses that can collaborate with SMGL artists. SMGL is an associated company of the Company. For more information, please visit http://www.spackmanmediagroup.com
The Company owns a 100% equity interest in Constellation Agency Pte. Ltd. (“Constellation Agency“). Constellation Agency, which owns The P Factory Co., Ltd. (“The P Factory“) and Platform Media Group Co., Ltd. (“PMG“), is primarily involved in the business of overseas agency for Korean artists venturing into the overseas market. The P Factory is an innovative marketing solutions provider specializing in event and branded content production. PMG is a talent management agency which represents and manages the careers of major artists in film, television, commercial endorsements and branded entertainment.
Strategic Businesses
The Company also operates a café-restaurant, Upper West, in the Gangnam district of Seoul and own a professional photography studio, noon pictures Co., Ltd.
HONG KONG SAR – Media OutReach – 5 September 2022 – Prudential plc (“Prudential”) today announced that Prudential’s shares (HKEX Stock Code: 2378), which trade on the Stock Exchange of Hong Kong, have been included for trading in the Shenzhen-Hong Kong Stock Connect programme, with immediate effect. This is according to an announcement issued by the Shenzhen Stock Exchange today.
https://www.prudentialplc.com/
Forward-looking statements
This document may contain ‘forward-looking statements’ with respect to certain of Prudential’s (and its wholly and jointly owned businesses’) plans and its goals and expectations relating to its future financial condition, performance, results, strategy and objectives. Statements that are not historical facts, including statements about Prudential’s (and its wholly and jointly owned businesses’) beliefs and expectations and including, without limitation, statements containing the words ‘may’, ‘will’, ‘should’, ‘continue’, ‘aims’, ‘estimates’, ‘projects’, ‘believes’, ‘intends’, ‘expects’, ‘plans’, ‘seeks’ and ‘anticipates’, and words of similar meaning, are forward-looking statements. These statements are based on plans, estimates and projections as at the time they are made, and therefore undue reliance should not be placed on them. By their nature, all forward-looking statements involve risk and uncertainty.
A number of important factors could cause Prudential’s actual future financial condition or performance or other indicated results of the entity referred to in any forward-looking statement to differ materially from those indicated in such forward-looking statement. Such factors include, but are not limited to, current and future market conditions including fluctuations in interest rates and exchange rates, inflation (including interest rate rises as a response), sustained high or low interest rate environments, the performance of financial and credit markets generally and the impact of economic uncertainty, slowdown or contraction, (including as a result of the Russia-Ukraine conflict and related or other geopolitical tensions and conflicts) which may also impact policyholder behaviour and reduce product affordability, asset valuation impacts from the transition to a lower carbon economy, derivative instruments not effectively mitigating any exposures; global political uncertainties, including the potential for increased friction in cross-border trade and the exercise of laws, regulations and executive powers to restrict trade, financial transactions, capital movements and/or investment; the impact of Covid-19 outbreaks, including adverse financial market and liquidity impacts, responses and actions taken by governments, regulators and supervisors, the impact on sales, claims and assumptions and increased product lapses, disruption to Prudential’s operations (and those of its suppliers and partners), risks associated with new sales processes and technological and information security risks; the policies and actions of regulatory authorities, including, in particular, the policies and actions of the Hong Kong Insurance Authority, as Prudential’s Group-wide supervisor, as well as the degree and pace of regulatory changes and new government initiatives generally; given its designation as an Internationally Active Insurance Group, the impact on Prudential of systemic risk and other group supervision policy standards adopted by the International Association of Insurance Supervisors; the physical, social and financial impacts of climate change and global health crises on Prudential’s business and operations; the impact of not adequately responding to environmental, social and governance issues (including not properly considering the interests of Prudential’s stakeholders or failing to maintain high standards of corporate governance); the impact of competition and fast-paced technological change; the effect on Prudential’s business and results from, in particular, mortality and morbidity trends, lapse rates and policy renewal rates; the timing, impact and other uncertainties of future acquisitions or combinations within relevant industries; the impact of internal transformation projects and other strategic actions failing to meet their objectives or adversely impacting the Group’s employees; the availability and effectiveness of reinsurance for Prudential’s businesses; the risk that Prudential’s operational resilience (or that of its suppliers and partners) may prove to be inadequate, including in relation to operational disruption due to external events; disruption to the availability, confidentiality or integrity of Prudential’s information technology, digital systems and data (or those of its suppliers and partners) including the Pulse platform; any ongoing impact on Prudential of the demerger of Jackson Financial Inc.; the increased operational and financial risks and uncertainties associated with operating joint ventures with independent partners, particularly where joint ventures are not controlled by Prudential; the impact of changes in capital, solvency standards, accounting standards or relevant regulatory frameworks, and tax and other legislation and regulations in the jurisdictions in which Prudential and its affiliates operate; and the impact of legal and regulatory actions, investigations and disputes.
These and other important factors may, for example, result in changes to assumptions used for determining results of operations or re-estimations of reserves for future policy benefits. Further discussion of these and other important factors that could cause actual future financial condition or performance to differ, possibly materially, from those anticipated in Prudential’s forward-looking statements can be found under the ‘Risk Factors’ heading in Prudential’s 2021 Annual Report, the ‘Risk Factors’ heading in Prudential’s 2021 Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (“SEC”), the ‘Risk Factors’ heading in Prudential’s 2022 Half Year Financial Report and the ‘Risk Factors’ heading in Prudential’s 2022 Half Year Financial Report filed with the SEC on Form 6-K . Prudential’s 2021 Annual Report, and related Form 20-F, and 2022 Half Year Financial Report, and related Form 6-K, are available on its website at www.prudentialplc.com.
These factors are not exhaustive as Prudential operates in a continually changing business environment with new risks emerging from time to time that it may be unable to predict or that it currently does not expect to have a material adverse effect on its business. Any forward-looking statements contained in this document speak only as of the date on which they are made. Prudential expressly disclaims any obligation to update any of the forward-looking statements contained in this document or any other forward-looking statements it may make, whether as a result of future events, new information or otherwise except as required pursuant to the UK Prospectus Rules, the UK Listing Rules, the UK Disclosure Guidance and Transparency Rules, the Hong Kong Listing Rules, the SGX-ST Listing Rules or other applicable laws and regulations.
Cautionary statements
This document does not constitute or form part of any offer or invitation to purchase, acquire, subscribe for, sell, dispose of or issue, or any solicitation of any offer to purchase, acquire, subscribe for, sell or dispose of, any securities in any jurisdiction nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefor.
HONG KONG SAR – Media OutReach – 5 September 2022 – Qingdao Alnnovation Technology Group Co., Ltd. (“Alnnovation” or the “Company”, and together with its subsidiaries as “Group”; stock code: 2121.HK) is pleased to announce that the Company has been added to the list of eligible stocks for “Shenzhen-Hong Kong Stock Connect” under Stock Connect by Shenzhen Stock Exchange(SZSE) with effect from Monday, 5 September, 2022. At the same time, the Company was also included as a constituent stock of the “Hang Seng Composite Index”(HSCI) by Hang Seng Indexes Company Limited previously with effect on the same day from Monday, 5 September, 2022.
The “Shenzhen-Hong Kong Stock Connect” is an important stock trading and investment channel connecting mainland investors with the Hong Kong capital market. Being included in the list of eligible shares for “Shenzhen-Hong Kong Stock Connect” means that mainland investors can trade shares of the Company through the Stock Connect, which helps the Company reach a broader investor base in mainland China, introduce more diversified investors and support the Company’s long-term development.
For more than half a year after its listing in Hong Kong in January 2022, Alnnovation has been successfully included in important indicators such as the “Hang Seng Composite Index” and the “Shenzhen-Hong Kong Stock Connect”, which represents the recognition from the capital market on Company’s fundamentals and business performance, reflecting the investors’ confidence on the Company’s strategy and future prospects. The successful inclusion will further broaden the Company’s investor base and improve the liquidity of the shares and the recognition in the capital market.
Hashtag: #Alnnovation
About Qingdao Alnnovation Technology Group Co., Ltd.
Founded in February 2018, Qingdao Alnnovation Technology Group Co., Ltd. (“Alnnovation”, stock code: 2121.HK) is a fast-growing enterprise-level AI solutions provider, the largest AI technology-driven solution provider in China’s manufacturing AI solutions segment and the third largest enterprise-level AI solutions provider in China.With the mission of “Empower Businesses with AI Technology”, Alnnovation is committed to delivering AI-related products and customized business solutions leveraging the cutting-edge AI technology, empowering enterprises and business partners to improve efficiency and value, and realize digital transformation.
Alnnovation and its four subsidiaries have been recognized as Specialized and Innovative companies , deeply drives the digital transformation business of the manufacturing and financial service industries, and explores the implementation of AI applications in various scenarios in such sectors as energy & power, iron and steel, OLED panel, construction, automobile, 3C/high-tech, banking and insurance, etc. So far, Alnnovation has shaped a national layout stretching to a number of cities across the country and established four subsidiaries in manufacturing segment, including CISAI Tech., China Railway Qizhi, AInnovation ALP and Higher to take deep roots in the intelligent manufacturing industry.
Alnnovation has been widely recognized by the market. Alnnovation has been rated as Cool Vendor in AI for Computer Vision by Gartner, a leading global research institution, and given the recognition of Machine Learning Platform with the 4th largest market share in China and Computer vision application provider with the 4th largest market share in China by IDC. It was also awarded with the MIT Technology Review 50 Smartest Companies and the FT Most Innovative Companies in China, and many other prestigious honors.
In July, there were 208.6 million active subscriptions for telecommunications services across MTN, Airtel, Glo, and 9mobile’s mobile networks. This is according to the Nigerian Communications Commission’s most recent industry data (NCC).
According to the data, Glo was the driving force behind the increase, recording the highest gain of 2.1 million subscriptions in the month. In total, the four GSM operators increased subscriptions by 2.5 million in July, while the country’s active mobile subscription database stood at 206 million in June.
With the operator growth, the country’s teledensity, which measures the number of active telephone connections per 100 people living in a given area, increased from 108.15% in June to 109.47% in July 2022.
So far this year, mobile network operators have added 13.5 million new subscribers, a significant increase from last year, when they lost nearly 20 million as a result of the government’s ban on new SIM registration between December 2020 and April 2021. Active subscriptions across the four networks totaled 195.1 million as of December 2021.
It was reported yesterday that Chinese nationals are digging in Nigerian mines, stealing whatever Lithium deposits they can find and smuggling it back home to fuel their industries.
Given the metal’s high price on the international market and its importance in the production of batteries that will power the next generation of electric products, including electric cars, the government must intervene before it is too late.
Miners under the umbrella of the Miners Association of Nigeria had made an impassioned plea to the government to stop Chinese miners “scavenging” for Lithium, claiming that their activities would endanger the economy in the long run.
A look at the Lithium market eliminates the miners’ concerns and demands:
According to Fortune Business Insights, the global lithium market is worth $3.83 billion in 2021 and is expected to double to USD 6.62 billion by 2028 at an 8.1% CAGR. This is more than the more familiar metal, silver, which was valued at USD 182.1 billion in 2019 by Grand View Research and is expected to grow at a compound annual growth rate (CAGR) of 9.0% in terms of revenue from 2020 to 2027.
Given that exploitation of lithium has the potential to add to the economy, particularly when value addition is done, the government should act quickly to end total control of these mines, as well as mines for other minerals across the country. Licenses for exploitation should be accompanied by conditions, such as the requirement to process these raw metals into by-products in Nigeria and fully control the export of these products by local regulators.
The government is well aware of this; it was recently reported that the Minister of Mines and Steel Development, Olamilekan Adegbite, stated at a summit titled “Leveraging Future Minerals for Sustainable Development,” that a Tesla representative approached him at a summit in Saudi Arabia and expressed interest in obtaining lithium from Nigeria, but he declined.
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