Fifth

Net Profit of Kingworld Medicines Increased By 55.8%

Retrieved on: 
Monday, August 28, 2023

Profit for the period increased by 35.9% to approximately RMB48 million.

Key Points: 
  • Profit for the period increased by 35.9% to approximately RMB48 million.
  • Profit attributable to owners of the Company increased by 55.8% to approximately RMB38 million.
  • However, through active marketing and promotion, the market share of the major products increased significantly year-on-year with an increase in gross profit margin.
  • Mr. Zhao Lisheng, Chairman of Kingworld Medicines Group, concludes: "2023 is the second year for our strategies of the Fifth Five-Year Plan.

Net Profit of Kingworld Increased By 35.9% YoY

Retrieved on: 
Monday, August 28, 2023

Gross profit increased by 15.7% to approximately RMB155 million.

Key Points: 
  • Gross profit increased by 15.7% to approximately RMB155 million.
  • Profit for the period increased by 35.9% to approximately RMB48 million.
  • Profit attributable to owners of the Company increased by 55.8% to approximately RMB38 million.
  • However, through active marketing and promotion, the market share of the major products increased significantly year-on-year with an increase in gross profit margin.

ACE HARDWARE OPENS OVER 100 STORES IN 2023 ON TRACK TO OPEN MORE THAN 170 STORES THIS YEAR

Retrieved on: 
Tuesday, August 22, 2023

OAK BROOK, Ill., Aug. 22, 2023 /PRNewswire/ -- Ace Hardware, the largest retailer-owned hardware cooperative in the world, has already opened over 100 new stores in 2023, and is planning to open more than 170 by the end of the year.

Key Points: 
  • OAK BROOK, Ill., Aug. 22, 2023 /PRNewswire/ -- Ace Hardware, the largest retailer-owned hardware cooperative in the world, has already opened over 100 new stores in 2023, and is planning to open more than 170 by the end of the year.
  • Ace operates more than 5,800 locally owned hardware stores in all 50 states and 60 countries, with global sales topping $22 billion.
  • Ace's new store growth has been fueled by existing retailers opening additional locations, competitor stores converting to Ace and New Investors opening their first Ace Hardware store.
  • Interest in owning and operating a local Ace Hardware store continues to be at historically high levels.

In NCLA Amicus Win, Fifth Circuit Blocks CFTC’s Abusive Policy Reversal Against PredictIt Market

Retrieved on: 
Monday, July 24, 2023

NCLA celebrates this ruling, having filed an amicus curiae brief asking the Fifth Circuit to stop CFTC’s unjust treatment of PredictIt.

Key Points: 
  • NCLA celebrates this ruling, having filed an amicus curiae brief asking the Fifth Circuit to stop CFTC’s unjust treatment of PredictIt.
  • PredictIt provides a platform for investors to trade contracts predicting the likely outcomes of major political events like elections.
  • However, eight years later, in August 2022, CFTC abruptly rescinded its no-action letter permitting this arrangement for PredictIt.
  • NCLA is deeply gratified by the Fifth Circuit’s confirmation that agencies not only must explicitly consider reliance interests before reversing prior policy positions, but also must articulate a reasoned explanation for overriding those interests or not reasonably accommodating them.”

Astra Protocol Responds to AMLD5, Reinventing Compliance for Crypto Exchanges and Wallets

Retrieved on: 
Tuesday, July 4, 2023

Astra Protocol, an industry-leading provider of comprehensive legal layer solutions for DeFi platforms, has taken a proactive stance on this challenge.

Key Points: 
  • Astra Protocol, an industry-leading provider of comprehensive legal layer solutions for DeFi platforms, has taken a proactive stance on this challenge.
  • Created by a team of professionals spanning financial services, legal, and compliance fields, Astra Protocol offers a globally patented technology, which can seamlessly integrate with DeFi platforms, crypto exchanges, and wallets.
  • While the introduction of AMLD5 has presented challenges for crypto businesses, Astra Protocol views this as an opportunity.
  • By providing seamless integration of regulatory compliance into DeFi operations, Astra Protocol is shaping a future where blockchain technology and traditional finance coexist harmoniously.

Astra Protocol Responds to AMLD5, Reinventing Compliance for Crypto Exchanges and Wallets

Retrieved on: 
Tuesday, July 4, 2023

Astra Protocol, an industry-leading provider of comprehensive legal layer solutions for DeFi platforms, has taken a proactive stance on this challenge.

Key Points: 
  • Astra Protocol, an industry-leading provider of comprehensive legal layer solutions for DeFi platforms, has taken a proactive stance on this challenge.
  • Created by a team of professionals spanning financial services, legal, and compliance fields, Astra Protocol offers a globally patented technology, which can seamlessly integrate with DeFi platforms, crypto exchanges, and wallets.
  • While the introduction of AMLD5 has presented challenges for crypto businesses, Astra Protocol views this as an opportunity.
  • By providing seamless integration of regulatory compliance into DeFi operations, Astra Protocol is shaping a future where blockchain technology and traditional finance coexist harmoniously.

Show me the Science! Gameshow Showcases Agri-Food Companies at Ag-West Bio’s Annual & Special Meeting

Retrieved on: 
Thursday, June 29, 2023

Ag-West Bio, Saskatchewan’s bioscience industry association is highlighting innovation in the bioscience (agri-food) industry with Show me the Science – a ‘gameshow mashup’ – on June 29, 2023, following the company’s 19th Annual and Special Meeting.

Key Points: 
  • Ag-West Bio, Saskatchewan’s bioscience industry association is highlighting innovation in the bioscience (agri-food) industry with Show me the Science – a ‘gameshow mashup’ – on June 29, 2023, following the company’s 19th Annual and Special Meeting.
  • Saskatchewan Agriculture Minister David Marit will be attending to bring greetings from the Province and to make an announcement.
  • HumaTerra: specializes in developing and manufacturing soil inoculants to restore biological health of soil.
  • The ‘contestants’ will pitch for their companies and explain how they use science – translated for non-scientists.

NCLA Endorses Request for U.S. Supreme Court to Rule on ATF’s Unilateral Bump Stock Ban

Retrieved on: 
Thursday, June 8, 2023

That petition asks the Court to hear NCLA’s challenge to the Bureau of Alcohol, Tobacco, Firearms and Explosives’ unilateral bump stock ban.

Key Points: 
  • That petition asks the Court to hear NCLA’s challenge to the Bureau of Alcohol, Tobacco, Firearms and Explosives’ unilateral bump stock ban.
  • That rule reversed ATF’s long-standing recognition that bump stock-equipped firearms are not illegal machineguns.
  • NCLA urges the Supreme Court to resolve this issue and safeguard Americans’ rights against administrative agency power grabs.
  • We agree it is high time for the High Court to weigh in on the lawfulness of ATF’s bump stock ban and reassert Congress’s primacy.”

Hopelessly Compromised SEC Dismisses Dozens of Cases Due to Widespread Agency Misconduct

Retrieved on: 
Monday, June 5, 2023

SEC publicly admitted in April 2022 to the existence of a so-called control deficiency within its administrative adjudication system.

Key Points: 
  • SEC publicly admitted in April 2022 to the existence of a so-called control deficiency within its administrative adjudication system.
  • Now it turns out agency personnel had done the same thing in dozens more cases.
  • SEC said it dismissed the cases to conserve agency resources, but it appears to be trying to avoid scrutiny of its misconduct.
  • NCLA released the following statements:
    “SEC’s unprecedented dismissal of dozens of enforcement cases is a cynical ploy by the agency to avoid scrutiny of two things.

NCLA Calls Out CPSC Commissioner Trumka’s Deliberate Efforts to Ban DockATot Infant Loungers

Retrieved on: 
Thursday, June 1, 2023

The letter states that Commissioner Trumka has taken deliberate actions and made specific statements that infringe Wildchild’s constitutional right to have a fair and impartial tribunal.

Key Points: 
  • The letter states that Commissioner Trumka has taken deliberate actions and made specific statements that infringe Wildchild’s constitutional right to have a fair and impartial tribunal.
  • CPSC issued a Notice of Violation in November 2022 declaring that Wildchild’s Deluxe+ docks manufactured or imported after June 23, 2022 allegedly violated the agency’s Safety Standard for Infant Sleep Products final rule.
  • Commissioner Trumka has since interfered with DockATot UK international foreign business relationships.
  • Since 2020 the Deluxe+ dock has only been marketed for multiple non-sleep uses, including lounging, playing, tummy time, and diaper changing.