News Article | May 19, 2017
ASL Celebrates Its 20th Listing Anniversary and Successful Acquisition of Grid Dynamics Provides Global Services as a Professional IT Service Partner Firmly Rooted in Hong Kong Automated Systems Holdings Limited ("ASL" or "the Group") (HKG: 771), a trustworthy and professional information technology ("IT") partner in the region, has held "Innovation Journey on Solid Foundation" celebrating ASL's 20th Listing Anniversary cum Joining of Grid Dynamics International, Inc. ("Grid Dynamics") at The Ritz Carlton in Hong Kong today. Guests from different sectors of society attended the event to witness this important historical moment. The Group has also taken this opportunity to express its gratitude to all business partners and different sectors of society for their long-term support while joining the celebration of the Group's outstanding achievements over the past two decades. The celebration event began with welcome speech presented by Mr. Leon Wang, Chief Executive Officer and Executive Director of ASL and concluded with the executive remarks delivered by Mr. Li Wei, Chairman and Non-executive Director of ASL. Then, the two joined the other officiating guests to host the lighting ceremony symbolizing the bright prospects of the Group. Apart from the event in Hong Kong, ASL's parent company Beijing Teamsun Technology Co., Ltd. has also arranged another celebration event in Beijing on 24 May. Mr. Leon Wang, Chief Executive Officer and Executive Director of Automated Systems Holdings Limited, said, "2017 is an important year for us to remember and celebrate. It's a milestone that the Group has been founded 44 years and listed on the Main Board of The Stock Exchange of Hong Kong Limited for 20 years. The Group has developed alongside and in close affinity with the IT industry in Hong Kong over the years. Despite many challenges encountered in the past few decades, the Group's core businesses have maintained a healthy development. We have always kept a close watch on changes in the market and actively reviewed and adjusted our development strategy accordingly to build a solid foundation for our business. ASL's success today is owed to the great support from different parties and no words could express the Group's gratitude to them. Taking this opportunity, I would like to thank all our business partners and friends who have worked closely with us all the time." ASL focuses on and continues to invest in five key solutions areas and services, namely Infrastructure, Security, Data Intelligence, Mobile and Cloud, so as to better grasp the opportunities in the ever-changing market and provide quality and comprehensive IT managed services and solutions to customers. In 2016, the Group expanded "Offshore Delivery Excellence Center" in Guangzhou and opened new "Service Center", further expanding and upgrading the capabilities of the Group. ASL has completed the acquisition of the U.S. cloud services company - Grid Dynamics in April 2017. As such and with firm roots in Hong Kong, the Group has become a global IT service provider with more than 2,000 professionals and an expansion of geographical coverage beyond Asia Pacific. Mr. Wang continued, "With new generation digital transformation technology emerging and gaining popularity quickly, businesses are having keen interest in pursuing digital transformation. The Group will continue to apply its core edges in seizing the vast opportunities and provide our customers with more comprehensive and highly efficient IT resource management services. The recent acquisition we made have not only expanded our service coverage worldwide, but have also transformed into strong synergies with our existing operations in terms of location, customer base and technology, allowing us to meet the demand of companies around the world. Looking ahead, the Group will continue to capitalize on its strengths and edges to consolidate its standing as an international, reliable and professional IT partner." About Automated Systems Holdings Limited Automated Systems (H.K.) Limited was founded in Hong Kong in 1973 and was listed on the Stock Exchange of Hong Kong Limited under the name of Automated Systems Holdings Limited (HKG: 771) in November 1997. ASL Group's ultimate controlling shareholder is Beijing Teamsun Technology Co., Ltd. ("Teamsun") whose shares are listed on the Shanghai Stock Exchange (Stock Code: 600410). The Company is a member of the Teamsun Group which recorded turnover of more than RMB5.0 billion and has more than 5,000 employees. The ASL Group, consisting of Automated Systems (H.K.) Limited, ELM Computer Technologies Limited, CSA Automated (Macau) Limited, Guangzhou Automated Systems Limited, ASL Automated (Thailand) Limited and the newly acquired company in April 2017 - Grid Dynamics International, Inc.. In addition, i-Sprint Innovations Pte Ltd is our associate company. We offer professional information technology services to corporate clients worldwide, particularly in the Greater China and Asia covering Hong Kong, Mainland China, Taiwan, Macau, Thailand, Singapore, Malaysia as well as North America and Europe, etc. After more than 40 years of success, the ASL Group has established its reputation as a trustworthy and professional global IT partner. With its strong commitment to quality services, the ASL Group has been winning well-known clients such as government agencies, prestigious universities, telecommunications giants, transportation enterprises, major financial institutions, and leading international corporations. For more information, please visit our web page at http://www.asl.com.hk. For Press Enquiries: Strategic Financial Relations Limited Vicky Lee, +852 2864 4834, Janet Fong, +852 2864 4817, janet.fong @sprg.com.hk Christina Cheuk, +852 2114 4979, Website: http://www.sprg.com.hk
News Article | May 22, 2017
BEIJING, May 22, 2017 /PRNewswire/ -- Beijing GeoEnviron Engineering & Technology（BGE）has stepped up efforts in international cooperation on urban mining and solid waste treatment as scientists and scholars are channeling their energies towards a waste-free world. In one of the latest efforts, BGE, a leading industry player in China, has co-organized an international symposium on urban mining, which was launched in Beijing's prestigious Tsinghua University on May 20. The symposium, one of the most important meetings hosted by International Waste Working Group (IWWG), aims to provide a platform for experts, scholars and industry players around the world to exchange views over the most advanced environmental protection technologies. The symposium, which was jointly organized by Tsinghua University and University of Padova, a premier university in Italy, will be held in China and Italy alternately. Zhao Baojiang, the former vice-minister of Housing and Urban-Rural Development of China and the vice president of All-China Environment Federation, said at the opening ceremony that a deep cooperation between China and other countries around the world could make significant contribution on solid waste treatment. BGE's executive director Ling Jinming, who delivered the opening remarks on Saturday, later told xinhuanet that the symposium would offer an opportunity for environmental protection companies to broaden vision of the company. As a pioneer in the industry, BGE has a leading role in the various areas, such as urban mineral resources development, eco-industrial park construction, sustainable landfill, hazardous waste treatment and soil remediation, and the company has been active in exploring overseas opportunities for international development, said Ling, who is also the vice chairman of China Association of Urban Environmental Sanitation and director of Industrial Solid Waste & Hazardous Waste Treatment Committee. With professionals participating in the symposium, the industry is expecting more accelerators in industry upgrade and innovation in solid waste treatment areas, he added. Raffaello Cossu, the founder of IWWG, and Qi Changqing, the chief engineer at BGE, delivered a special report and joined a round-table discussion with Dario Sciunnach, from environment protection bureau of Lombardy in Italy and Professor Wang Hongtao, director of environmental engineering department of Tsinghua University. Zhao Hualin, State-owned Assets Supervision and Administration Commission of the State Council, Yu Binyang, director of technology promotion center of Ministry of Housing and Urban-Rural Development (MOHURD) and Yang Haiying, deputy director of Urban Construction Department of MOHURD, as well as nearly 200 Chinese and international experts, local officials and business representatives, attended the first symposium on Saturday. Originally founded in in 1992, BGE, whose predecessor was Lining Engineering Department of the Institute of High Energy Physics of Chinese Academy of Science, has been committed in environment technology researches and providing solutions to pollution prevention and control. BGE was listed on the A-share (603588.SH) at Shanghai Stock Exchange on December 29th. 2014. It has about 1400 employees with a total assets of 4.4 billion Yuan. BGE's main businesses include environmental remediation, urban and industrial environments, such as the soil remediation, groundwater remediation, hazardous waste treatment, industrial solid waste treatment, industrial waste water treatment, sludge disposal as well as the power generation by waste incineration. It also provides project contracting, investment operations and technical services to government and business users. BGE has been a pioneer in exploring the international market with completing projects in Kazakhstan, Indonesia, Mongolia, Laos and Myanmar.
News Article | April 28, 2017
HONG KONG, April 28, 2017 /PRNewswire/ -- Guangshen Railway Company Limited ("Guangshen Railway" or the "Company") (HKEx Share Code: 525; SSE Share Code: 601333; American Depositary Shares ("ADS") Ticket Symbol: GSH) announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2016 with the U.S. Securities and Exchange Commission on April 26, 2017. The annual report can be accessed on Guangshen Railway's investor relations website at http://www.gsrc.com/en/down_list.php?classid=001. The Company will provide hard copies of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Guangshen Railway Company Limited was established in March 1996. The H shares and ADS issued by the Company were listed on The Stock Exchange of Hong Kong Limited and the New York Stock Exchange in May 1996. In December 2006, the Company returned to the A share market and successfully listed its shares on the Shanghai Stock Exchange. The Company is currently the only PRC railway enterprise with its shares listed on the Shanghai, Hong Kong and New York stock exchanges. The Company is mainly engaged in railway passenger and freight transportation businesses, the Hong Kong Trough Train passenger services in cooperation with MTR Corporation Limited, and management services for commissioned transportation for other railway companies in PRC. As of December 31, 2016, there were 253 pairs of passenger trains in the operation area of the Company according to the then train schedule, including 102 pairs of intercity high-speed passenger trains between Guangzhou and Shenzhen (including 94 pairs of inter-city trains between Guangzhou East to Shenzhen (including 20 stand-by pairs), 8 pairs of Guangzhou East to the Chaozhou-Shantou cross-network EMU trains), 13 pairs of Hong Kong Through Trains (including 11 pairs of Canton-Kowloon Through Trains, 1 pair of Zhaoqing-Kowloon Through Trains and 1 pair of Beijing/Shanghai-Kowloon Through Trains) and 138 pairs of long-distance trains (including 10 pairs of Guangzhou-Foshan-Zhaoqing intercity trains, 3 pairs of Guangzhou to Guilin North, NaningEast and Guiyang North cross-network EMU trains) For more information, please visit Guangshen Railway at http://www.gsrc.com/en/index.php. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/guangshen-railway-filed-2016-annual-report-on-form-20-f-300448029.html
News Article | May 4, 2017
SHANGHAI, May 4, 2017 /PRNewswire/ -- The agreement to form a global automotive soft trim and acoustics joint venture announced Dec. 21, 2016 between International Automotive Components (IAC) and Shanghai Shenda Co. Ltd. (Shenda) is subject to certain regulatory approvals. IAC and Shenda have been notified that the National Development and Reform Commission of the People's Republic of China has accepted Shenda's regulatory filing and no further action is required. "This is a major milestone toward the completion of our transaction and the formation of a new global leader in the automotive soft trim and acoustics segment," said IAC President and CEO Robert ("Steve") Miller. "Shenda will acquire a 70 percent stake in the U.K.-based joint venture and IAC will maintain a 30 percent interest. The joint venture expands an existing, successful joint venture partnership between affiliates of IAC and Shenda spanning nearly two decades." "We are pleased by this first important regulatory approval and expect to continue making headway on remaining approvals," said Shenda Chairman Yao Ming Hua. "In the meantime, we will continue working diligently toward closing this transaction and launching the new organization, which is expected to occur during the third quarter of this fiscal year." International Automotive Components (IAC) is a leading global supplier of automotive components and systems, including interior and exterior trim. The company's 2016 sales were $6 billion. Headquartered in Luxembourg, IAC Group operates 77 manufacturing facilities in 18 countries. The company has approximately 100 total locations in 21 countries, including 28 design, technical and commercial centers, and employs more than 31,000 people globally. For more information, visit www.iacgroup.com. Shanghai Shenda Co., Ltd. is a stated-owned company listed on Shanghai Stock Exchange. It mainly engages in international trade of textile and manufacturing of automotive interior and other industrial textile. Since its establishment in 1986, the company has been keeping a steady pace forward, with around 3,000 staff and 50 subsidiaries devoted to the business. As the pillar business of Shenda, the automotive interior business division owns approximately 29 subsidiaries across China. Throughout the last two decades, Shenda has developed into one of China's largest automotive interior suppliers, providing soft trim and acoustics products to almost every global OEM. For more information, please visit http://www.cnshenda.com.cn/en/. This press release contains forward-looking statements, including statements relating to our business and products. Forward-looking statements are made based upon management's current expectations and beliefs concerning future developments and their potential effects on us. Such forward-looking statements are not guarantees of future performance. These forward-looking statements are subject to various risks and uncertainties, many of which are outside our control, that could affect our actual results and could cause such results to differ materially from estimates or expectations reflected in such forward-looking statements. All forward-looking statements made by us in this press release speak only as of the date on which we make them.
News Article | April 28, 2017
Guangshen Railway Company Limited was established in March 1996. The H shares and ADS issued by the Company were listed on The Stock Exchange of Hong Kong Limited and the New York Stock Exchange in May 1996. In December 2006, the Company returned to the A share market and successfully listed its shares on the Shanghai Stock Exchange. The Company is currently the only PRC railway enterprise with its shares listed on the Shanghai, Hong Kong and New York stock exchanges. The Company is mainly engaged in railway passenger and freight transportation businesses, the Hong Kong Trough Train passenger services in cooperation with MTR Corporation Limited, and management services for commissioned transportation for other railway companies in PRC. As of December 31, 2016, there were 253 pairs of passenger trains in the operation area of the Company according to the then train schedule, including 102 pairs of intercity high-speed passenger trains between Guangzhou and Shenzhen (including 94 pairs of inter-city trains between Guangzhou East to Shenzhen (including 20 stand-by pairs), 8 pairs of Guangzhou East to the Chaozhou-Shantou cross-network EMU trains), 13 pairs of Hong Kong Through Trains (including 11 pairs of Canton-Kowloon Through Trains, 1 pair of Zhaoqing-Kowloon Through Trains and 1 pair of Beijing/Shanghai-Kowloon Through Trains) and 138 pairs of long-distance trains (including 10 pairs of Guangzhou-Foshan-Zhaoqing intercity trains, 3 pairs of Guangzhou to Guilin North, NaningEast and Guiyang North cross-network EMU trains) For more information, please visit Guangshen Railway at http://www.gsrc.com/en/index.php. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/guangshen-railway-filed-2016-annual-report-on-form-20-f-300448029.html
News Article | April 20, 2017
Annual Report on Form 20-F for Fiscal Year 2016 of Aluminum Corporation of China Limited Now Available Aluminum Corporation of China Limited (the "Company"; NYSE "ACH"; SEHK "2600"; SSE "601600") announces that the Company's annual report for the 2016 fiscal year filed with the SEC on April 18, 2017 can be accessed via the following link: http://tinyurl.com/l2m4cq8 A paper copy of the Company's complete annual report will be provided to any shareholder without charge upon written request to Aluminum Corporation of China Limited at No. 62 North Xizhimen Street, Haidian District, Beijing, PRC 100082. Background information: Aluminum Corporation of China Limited is a leading enterprise in non-ferrous metal industry in China. The scope of business of the Company primarily includes bauxite and coal mining, alumina refining, primary aluminum smelting, trading of alumina, primary aluminum, other non-ferrous metal products, coal products and raw and ancillary materials in bulk and power generation. The Company was established as a joint stock limited company incorporated in the People's Republic of China. The Company's American Depository Shares and H Shares are listed on the New York Stock Exchange, Inc. and the Stock Exchange of Hong Kong Limited respectively. The Company's A Shares are listed on the Shanghai Stock Exchange. For further queries, please visit http://www.chalco.com.cn
News Article | April 27, 2017
SHANGHAI, April 27, 2017 /PRNewswire/ -- China Eastern Airlines Corporation Limited (the "Company") (NYSE: CEA; HKSE: 0670; SSE: 600115) announces that the Company's annual report for the 2016 fiscal year filed with the Securities and Exchange Commission on April 27, 2017 can be accessed via the following link: https://www.sec.gov/Archives/edgar/data/1030475/000114420417022414/v464319_20f.htm on SEC website or http://en.ceair.com/about/dqbg_ny_2016/t2017427_30703.html on Company's website A paper copy of the Company's complete audited annual report will be provided to any shareholder without charge, upon written request to Investor Relations, Secretary Office of the Board of Directors, China Eastern Airlines Corporation Limited at Kong Gang San Road, Number 92, Shanghai 200335, the People's Republic of China. China Eastern Airlines Corporation Limited is one of the three largest airline companies in China. The Company was established as a joint stock limited company incorporated in the People's Republic of China on April 4, 1995. The Company successfully offered its American Depositary Shares ("ADSs") and H Shares in New York and Hong Kong, respectively, and its ADSs and H Shares were listed on the New York Stock Exchange, Inc. and The Stock Exchange of Hong Kong Limited on February 4, 1997 and February 5, 1997, respectively. The Company's A shares were listed on the Shanghai Stock Exchange on November 5, 1997. For further information, please visit the Company website: http://www.ceair.com. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/annual-report-on-form-20-f-for-fiscal-year-2016-of-china-eastern-airlines-corporation-limited-available-300447153.html
News Article | May 4, 2017
NEW YORK--(BUSINESS WIRE)--Symbiont, the market-leading smart contracts platform for institutional applications of distributed ledger technology, today announced a strategic partnership with Chinese software giant Hundsun Technologies Inc, which includes an investment by a division of Hundsun in Symbiont’s Series A-1 round. The investment is Hundsun’s first in both the United States and in distributed ledger technology. Symbiont’s board of directors granted Hundsun a board observer seat. Hundsun is the dominant financial technology company serving China’s institutional securities, banking and insurance industries. Publicly traded on the Shanghai Stock Exchange, its market capitalization is approximately CNY 24 billion. The strategic partnership brings Symbiont’s market-leading smart contracts software to Hundsun’s extensive customer base in China and Hong Kong, where the parties intend to streamline business processes in both public and private securities markets. “We selected Symbiont because of its superior, mature and highly differentiated DLT stack. Its data layer is protected by market-leading security and privacy solutions, and its smart contracts have a proven ability to automate complex business logic, such as highly tailored employee compensation waterfalls for private companies,” said Guan Xiaolan, executive president of Hundsun. “We are very pleased to have the backing of such a strong partner in Asia, and we look forward to working together on near-term opportunities,” said Mark Smith, CEO of Symbiont. “To have the support of such a prominent and respected partner is a clear vote of confidence for Symbiont.” Symbiont is the market-leading smart contracts platform for institutional applications of distributed ledger technology. Disclosed users of its platform include nineteen financial institutions for Smart Loans™, arranged by Credit Suisse and executed via Synaps, its syndicated loans joint venture with Ipreo; the State of Delaware for Smart Records™; a major European insurance company for Smart Swaps™ in the catastrophe insurance market; and Orebits, a provider of asset digitization services. For more information about Symbiont: www.symbiont.io
News Article | February 21, 2017
SHENZHEN--(BUSINESS WIRE)--Goodix, the world leader in human interface and biometric technologies, announced today that it will unveil another world’s first technology patented with independent intellectual properties at Mobile World Congress (MWC) 2017 in Barcelona, Spain. Goodix will debut its new technologies at stand 1F40, Hall 1 from 27 February - 2 March. The new innovations will once again demonstrate Goodix’s superior ability to accurately anticipate market trends and address people’s needs through technology. Its fingerprint authentication solutions already protect hundreds of millions of mobile phones, tablets and smart wearables. “We’re proud to return to MWC in 2017 with such an impressive new innovation,” said David Zhang, founder and CEO of Goodix. “From stand 1F40, we will demonstrate to our customers why we continue to lead the global IC design industry.” At stand 1F40, Goodix will showcase different smart phones equipped with the CES award-winning technologies including Live Finger DetectionTM and IFSTM. This time, Goodix’s announcement at MWC follows many successful new partnerships and innovations. For 15 years, Goodix has led its industry through an unrivalled commitment to investing in research and development, service support and talent. As the world leader in human interface and biometric technologies, the new Goodix innovations will go to market after their debut at MWC, enriching the lives of people with enhanced security and more convenience around the world. Goodix, a premier developer and provider of fingerprint and touchscreen solutions for mobile phones, tablets and wearables, currently holds a diversified portfolio of fingerprint authentication solutions that provides excellent flexibility to suit the varying preferences from consumers and partners such as Live Finger DetectionTM , Invisible Fingerprint Sensor (IFSTM), Glass-covered and Coating button sensors. In addition, Goodix has been actively involved in assisting Alipay and China UnionPay with reviewing industry standards for fingerprint authentication. As an increasing number of top-tier handset manufacturers adopting fingerprints solutions from the company, Goodix will continue expanding its partner network to lead innovation in the biometrics authentication market. On October 17, 2016, Goodix was listed on the Shanghai Stock Exchange, the stock code is 603160.
News Article | February 27, 2017
BARCELONA, Spain--(BUSINESS WIRE)--Goodix (Shanghai Stock Exchange:603160), the premier developer of human interface and biometric solutions for mobile devices, announced today that Huawei P10 and P10 Plus, flagship smartphones of 2017 just launched at Mobile World Congress 2017, are using Invisible Fingerprint Sensor (IFS™) from Goodix. Huawei’s P10 and P10 Plus smartphones have stylish, integrated screen panel design. The Home key has IFS™ embedded under the screen panel, allowing fingerprint authentication through the glass. IFS™ from Goodix enables the elegant and slim design of P10 and P10 Plus while providing secure and easy-to-use fingerprint authentication. This safeguards the smartphone and secures mobile transactions. Traditionally, a button needs to be placed on the front or at the back of a smartphone in order to install a fingerprint sensor. This means manufacturers need to open a hole on the glass panel for the button. This occupies space, affects the overall phone design and increases the complexity of manufacturing process. Goodix’s IFS™ addresses these issues by seamlessly integrating the sensor right under the glass panel without the need to drill a hole and place a button. Goodix and Huawei share the same vision of innovating latest technologies to fulfill people’s desires and needs. The longstanding partnership between the two companies is a great success. Prior to the P10 and P10 Plus, a number of Huawei smartphones already use various Goodix’s fingerprint authentication and touchscreen controller solutions. The two companies will continue to innovate to provide safer, more convenient and intelligent technology to mobile users. IFS™ gives manufacturers more flexibility to develop stylish, slim phone designs. It also supports thick glass panels and improves the water and dust resistance. All this combines to deliver a better user experience and higher reliability. To authenticate fingerprints through glass panels poses many technical challenges and requires the redesign of circuits and the software algorithm. Goodix has been driving the development process from R&D to commercialization. Since IFS™ was launched in 2014, the company has worked closely with glass panel manufacturers and fingerprint module suppliers to ensure that the functionality, performance, reliability and supply of IFS can meet the various demands of mobile device manufacturers. The successful commercialization of IFS™ reinforces Goodix as a global leader in biometric technology. This leading position is well recognized by global mobile brands. As of January 2017, Goodix has applied for and received more than 900 patents. The strong R&D capability propels Goodix forward to continue to innovate for mobile users. IFS™ won a Consumer Electronics Show (CES) Innovation Award in 2016, and Goodix was the first Chinese integrated circuit (IC) company to ever win this honor. Goodix, a premier developer and provider of fingerprint and touchscreen solutions for mobile phones, tablets and wearables, currently holds a diversified portfolio of fingerprint authentication solutions that provides excellent flexibility to suit the varying preferences from consumers and partners such as Live Finger Detection™, Invisible Fingerprint Sensor (IFS™), Glass-covered and Coating button sensors. In addition, Goodix has been actively involved in assisting Alipay and China UnionPay with reviewing industry standards for fingerprint authentication. An increasing number of top-tier handset manufacturers adopting fingerprints and touch solutions from the company. On October 17, 2016, Goodix was listed on the Shanghai Stock Exchange, the stock code is 603160. Goodix™ and Invisible Fingerprint Sensor (IFS™) are trademarks of Goodix in China and other countries.