National Equities Exchange and Quotations

UCLOUDLINK GROUP INC. Announces Strategic Equity Investment Listing on China's Over-the-counter Market

Retrieved on: 
Friday, January 13, 2023

Huaxianglianxin is a mobile virtual network operator ("MVNO") that has a virtual operator license compliant with guidance and regulations issued by the Ministry of Industry and Information Technology of the People's Republic of China.

Key Points: 
  • Huaxianglianxin is a mobile virtual network operator ("MVNO") that has a virtual operator license compliant with guidance and regulations issued by the Ministry of Industry and Information Technology of the People's Republic of China.
  • UCLOUDLINK holds 6,000,000 shares of Huaxianglianxin and the two companies cooperate in multiple fields, including Internet of Things business.
  • "We congratulate Huaxianglianxin on its NEEQ listing, which we believe will add momentum to its business prospects.
  • We expect it will also benefit UCLOUDLINK as we plan to continue expanding our local business in mainland China.

ESG China Awards Gala celebrates best ESG practices in China

Retrieved on: 
Friday, October 28, 2022

SHANGHAI, Oct. 28, 2022 /PRNewswire/ -- On 27 October, the winners of the inaugural ESG China Awards were announced in Shanghai. Organised by the British Chamber of Commerce Shanghai, the Awards is a programme recognising and promoting excellence from businesses and organisations that have made a positive ESG impact in China. Shanghai United Assets and Equity Exchange, AustCham Shanghai, CanCham Shanghai and Impact Hub Shanghai support this year Awards.

Key Points: 
  • SHANGHAI, Oct. 28, 2022 /PRNewswire/ --On 27 October, the winners of the inaugural ESG China Awards were announced in Shanghai.
  • "The rapid development & adoption of ESG across the global community has been heartening to see.
  • Through peer support and sharing of experience, knowledge and expertise, we aim to help develop an eco-system for ESG best practices in China and the global market."
  • ESG China Awards Chair, Board Member of Global Reporting Initiative, Dr Jianzhong Lusaid,
    "Although the Awards is a new & young programme set up in this challenging time, we have received 115 qualified applications from all over the country.

2022 China Baoding Capital Conference Has Concluded

Retrieved on: 
Tuesday, August 23, 2022

BAODING, China, Aug. 23, 2022 /PRNewswire/ -- 2022 China Baoding Capital Conference came to a close on the afternoon, August 18.

Key Points: 
  • BAODING, China, Aug. 23, 2022 /PRNewswire/ -- 2022 China Baoding Capital Conference came to a close on the afternoon, August 18.
  • The conference aims to utilize capital to boost innovation and break the bottleneck to Baoding's growth with innovation so as to drive Baoding's development in a innovative, green and high-quality way.
  • As the first capital-themed conference in Hebei Province, it saw 13 major projects signed with a total investment of 18.138 billion yuan.
  • Meanwhile, three sub-forums have been held during the conference, based on the economic development plan of Baoding, specialized and sophisticated enterprises that produce new and unique products, as well as the goal of building Baoding into a "Capital of the Carbon Neutral Industry".

China's stock market offers growing support to the real economy: PHBS Think Tank report

Retrieved on: 
Friday, April 15, 2022

SHENZHEN, China, April 15, 2022 /PRNewswire/ -- The capability of China's stock market to serve the real economy was improved last year with the implementation of the registration-based initial public offering (IPO) system, according to a report recently released by Peking University, HSBC Business School (PHBS) Think Tank.

Key Points: 
  • SHENZHEN, China, April 15, 2022 /PRNewswire/ -- The capability of China's stock market to serve the real economy was improved last year with the implementation of the registration-based initial public offering (IPO) system, according to a report recently released by Peking University, HSBC Business School (PHBS) Think Tank.
  • The report studies characteristics of initial public offering(IPO) and refinancing, and the relevant policies and systems of the Chinese equity market, as well as the remaining problems in 2021.
  • All of these imply growing support in the capital market to serve China's real economy.
  • In addition, the newly-established Beijing Stock Exchange (BSE) marks a key step in China's efforts to deepen capital market reform, according to the report.

CLPS Incorporation Announces Chairman's Letter to the Company's Shareholders

Retrieved on: 
Friday, January 28, 2022

HONG KONG, Jan. 28, 2022 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today released a letter to shareholders from the Chairman of the Company's Board of Directors (the "Board"), the full text of which is provided below.

Key Points: 
  • HONG KONG, Jan. 28, 2022 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today released a letter to shareholders from the Chairman of the Company's Board of Directors (the "Board"), the full text of which is provided below.
  • All CLPS shareholders are encouraged to read it.
  • Our operating income was $126 million, a year-over-year increase of 41%; and net income attributable to CLPS shareholders of $6.8 million, a year-over-year increase of 132%.
  • I would like to express my gratitude to our employees, partners and shareholders for the continued trust as we take CLPS to the next level going forward.

CLPS Incorporation Announces IPO Plan of its Majority-Owned Subsidiary at the Beijing Stock Exchange

Retrieved on: 
Tuesday, November 23, 2021

HONG KONG, Nov. 23, 2021 /PRNewswire/ --CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), announced today that its Board of Directors has approved the plan of its majority-owned subsidiary, JAJI (Shanghai) Co., Ltd.("JAJI"), to apply for listing on the National Equities Exchange and Quotations ("NEEQ") and directing towards public offering at the Beijing Stock Exchange ("BSE") upon acceptance.

Key Points: 
  • HONG KONG, Nov. 23, 2021 /PRNewswire/ --CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), announced today that its Board of Directors has approved the plan of its majority-owned subsidiary, JAJI (Shanghai) Co., Ltd.("JAJI"), to apply for listing on the National Equities Exchange and Quotations ("NEEQ") and directing towards public offering at the Beijing Stock Exchange ("BSE") upon acceptance.
  • The number of shares to be offered and the price range for the proposed offering is yet to be determined.
  • JAJI's revenue accounted for approximately 5.4% of the total revenue of CLPS in the fiscal year 2021.
  • Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov .

Senmiao Technology Announces Signing of Cooperation Agreement with Xintianjie Culture Media Co., Ltd

Retrieved on: 
Tuesday, October 12, 2021

Senmiao will be responsible for providing ride-hailing vehicles and the related platforms to Xintianjie.

Key Points: 
  • Senmiao will be responsible for providing ride-hailing vehicles and the related platforms to Xintianjie.
  • Senmiao will receive an initial set-up fee from Xintianjie, in addition to ongoing distributed payments from various advertising services Xintianjie provides to its customers.
  • Xi Wen, Chairman, Chief Executive Officer and President of Senmiao, stated, "We are pleased to begin this partnership with Xintianjie, a well-known, comprehensive advertising platform in China.
  • Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances.

Xinhua Silk Road: China's int'l services trade fair brings hope and confidence to global economy

Retrieved on: 
Tuesday, September 7, 2021

BEIJING, Sept. 7, 2021 /PRNewswire/ -- The ongoing 2021 China International Fair for Trade in Services (CIFTIS), highlighting China's determination and action to open up at a higher level, has brought hope and confidence to global economy.

Key Points: 
  • BEIJING, Sept. 7, 2021 /PRNewswire/ -- The ongoing 2021 China International Fair for Trade in Services (CIFTIS), highlighting China's determination and action to open up at a higher level, has brought hope and confidence to global economy.
  • With wider reach, the trade fair has attracted more than 10,000 enterprises from 153 countries and regions, five more countries compared to last year's event, with more Fortune 500 companies involved.
  • China has been the world's second-largest country in services trade for seven years, building services trade relations with nearly 240 countries and regions.
  • Using peace, development and win-win cooperation as the "golden key", China will work with other countries to boost the services trade as well as the world economy.

CGTN: China vows to improve regulation for cross-border trade, voices support for small- and medium-sized enterprises

Retrieved on: 
Thursday, September 2, 2021

The idea was first introduced this July in China's southern Hainan Province the country's only pilot free trade port and specifies management measures in 11 categories.

Key Points: 
  • The idea was first introduced this July in China's southern Hainan Province the country's only pilot free trade port and specifies management measures in 11 categories.
  • In his speech, Xi also voiced support for innovation-driven small and medium-sized enterprises (SMEs).
  • Launched in 2013, the board aims to offer small and medium-sized enterprises a new financing channel with low costs and simple listing procedures.
  • It will target state-owned enterprises and respect their expanding trend to improve its inclusiveness and targeting accuracy, the statement added.

CGTN: China vows to improve regulation for cross-border trade, voices support for small- and medium-sized enterprises

Retrieved on: 
Thursday, September 2, 2021

The idea was first introduced this July in China's southern Hainan Province the country's only pilot free trade port and specifies management measures in 11 categories.

Key Points: 
  • The idea was first introduced this July in China's southern Hainan Province the country's only pilot free trade port and specifies management measures in 11 categories.
  • In his speech, Xi also voiced support for innovation-driven small and medium-sized enterprises (SMEs).
  • Launched in 2013, the board aims to offer small and medium-sized enterprises a new financing channel with low costs and simple listing procedures.
  • It will target state-owned enterprises and respect their expanding trend to improve its inclusiveness and targeting accuracy, the statement added.