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AM Best to Sponsor and Exhibit at the 2020 SIR Virtual Annual Conference

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AM Best is a gold sponsor of the 2020 SIR Virtual Annual Conference, Oct. 1 and Oct. 20“22, 2020, and will be virtually meeting with attendees through an online booth.

Mark Kuhlman, senior account manager, and Jennifer Rudy, account manager, will be able to provide more information or answer any questions about AM Best’s products. To contact them, email [email protected] and [email protected].

Visitors to the online booth can learn about the resources AM Best offers to insurance professionals, including:

  • Bests Insurance Reports: comprehensive reports and analytical tools for understanding insurers and reinsurers financial strength and credit risk;
  • Bests Financial Suite: a family of databases that provide timely, detailed financial statement data and credit ratings for thousands of insurers worldwide;
  • Bests State Rate Filings: a resource offering millions of complete rate, rule and form filings for property/casualty lines; and
  • Bests Insurance News & Analysis, a streamlined portal for access to global insurance news, critical analysis and thought leadership.

More information about the conference is available at https://bit.ly/3i8gUs9.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in New York, London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright 2020 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

Christopher Sharkey

Manager, Public Relations

+1 908 439 2200, ext. 5159

[email protected]

Jim Peavy

Director, Public Relations

+1 908 439 2200, ext. 5644

[email protected]

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YOFC Presents at China International Information and Communications Exhibition 2020

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BEIJING, Oct. 20, 2020 /PRNewswire/ — Along with its product lineup and solutions designed to empower the deployment of 5G Internet, leading edge and intelligent applications in the future, Yangtze Optical Fibre and Cable Joint Stock Limited Company ("YOFC" or "the Company") (601869.SH, 06869.HK), a global leading optical fibre and cable provider, attended the China International Information and Communications Exhibition (PT Expo) 2020 organized by the Ministry of Industry and Information Technology of China.

YOFC's Exhibition Booth at China International Information and Communications Exhibition 2020
YOFC’s Exhibition Booth at China International Information and Communications Exhibition 2020

At the YOFC booth, the Company’s Space Division Multiplexing (SDM) solution for next-generation data centres took central stage. The solution was created based on new multi-core fibre technology, suitable for 800Gb and beyond systems, addressing the urgent demands of data centres for bigger capacity, longer transmission distance, high-density connections and low energy consumption. Also sharing the spotlight was the Company’s latest innovations in optical communications and materials.

New Products and Solutions Helping to Develop New Infrastructure Powered by Next-Gen Information Networks and 5G

YOFC’s robust industrial expertise and over 30-year exploration in ICT have enabled the Company to flesh out a product and solution roadmap that empowers the development of a new type of infrastructure enabled by next-gen information networks. With a global rollout of 5G on the horizon, YOFC showcased innovations covering five main categories to meet with pressing new infrastructure needs in the 5G era, which are 5G Series Products and Solutions, Power Grid Communication, Industrial Internet, Big Data Centers and Rail Transportation.

Building a robust 5G ecosystem requires new fibre, cable and optical modules with excellent quality and high efficiency. YOFC has developed solutions for various intelligent applications that will help accelerate a transition to 5G and the Internet of Everything. As part of the product lineup and solutions for 5G facilities, YOFC showcased MWDM Front-haul Solution,Cable Solution for Carrier Network and Optical Transceiver for 5G.

For the sophisticated and complex networks of ultra-high-voltage electricity transmission (UHV), To address these challenges, YOFC presented its latest products designed for a cleaner, safer, and more efficient modern energy system. Amongst these offerings, the G.654.E fibre features ultra-low attenuation with a large effective area, high-fibre-count OPGW cables, and icing monitoring system.

Green, flexible, fast and intelligent, these are some of the key features that define the future of big data centres. YOFC has developed integrated cabling solutions for data centres that feature high density, high performance, reliability and scalability. Products such as optical transceivers and all-in-one cabinets using edge-computing-integrated infrastructure, achieve more effective connectivity and reliable security for network transmission and information processing for data centres.

For rail transportation, YOFC has been leveraging its strength in cable manufacturing to develop numerous technologies for urban rail transit that achieve full bands, wide coverage and low attenuation, including 5G broadband radiation-mode leaky coaxial cable, distributed temperature system and distributed vibration monitoring system. These technologies accommodate the demands of urban rail systems for communication and promote the application of digital technologies in urban rail transportation.

Smart Ocean and Home Solutions

YOFC offers diversified products and solutions for smart tourism, smart communities, and smart education that provide a wide range of smart services, focuses on F5G all-optical network and transforming from "Fibre to the Home (FTTH)" to "Fibre to Everywhere" by expanding the application of the optical technology to all service scenarios. At the exhibition, YOFC presented its key technologies for the ocean and home.

  • Smart Ocean Solutions: YOFC showcased submarine optical cables to be used in various transoceanic communication systems applicable for both deep and shallow sea. The solution also features alternating (direct) current submarine (photoelectric composite) cables for power transmission;
  • Smart Home Solutions: including YOFC’s original BendRobust™ speciality bend-resistant fibre and self-developed high-efficiency photoelectric conversion chip which can maintain high performance and stability across various complex environments.

As information and communication technology (ICT) continues to revolutionize people’s way of life, YOFC continues its commitment to the core mission of establishing a smart link to create a better life, and serving global customers with innovation-led, high-performance and high-quality products; joining efforts with global partners to build a brighter future.

Related Stocks:
HongKong: 06869  
Shanghai: 601869 

Related Links:
https://en.yofc.com/

Related Links :

http://www.yofc.com

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IT Tech Packaging, Inc. Participated the ALL IN PRINT CHINA Exhibition

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BAODING, China, Oct. 20, 2020 /PRNewswire/ — IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced its CEO Mr. Zhenyong Liu together with its marketing team participated The 8th All In Print China Exhibition held in Shanghai City, the first comprehensive exhibition in printing and packaging business after the COVID-19 epidemic outbreak. The roaring trade released a strong signal of the positive recovery of the printing and packaging industry.

ITP partivipated The All In Print China
ITP partivipated The All In Print China

Mr. Zhenyong Liu, the CEO and Chairman of the Company commented: "the printing and packaging industry is improving as the domestic economy continues recovering, and so is the company. The two-day visit gave us a deep understanding about the latest materials, techniques and products. We will follow the industry trend and strive for a better performance with more advanced producing technology and product quality."

About IT Tech Packaging, Inc.

Founded in 1996, IT Tech Packaging, Inc. is a leading manufacturer and distributor of diversified paper products in North China. Using recycled paper as its primary raw material (with the exception of its tissue paper products), ITP produces and distributes three categories of paper products: corrugating medium paper, offset printing paper and tissue paper products. With production based in Baoding and Xingtai in North China’s Hebei Province, ITP is located strategically close to the Beijing and Tianjin region, home to a growing base of industrial and manufacturing activities and one of the largest markets for paper products consumption in the country. ITP has been listed on the NYSE MKT since December 2009.

Safe Harbor Statements

This press release may contain forward-looking statements. These forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks outlined in the Company’s public filings with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K. All information provided in this press release speaks as of the date hereof. Except as otherwise required by law, the Company undertakes no obligation to update or revise its forward-looking statements.

For more information, please contact:

At the Company Email:
[email protected]
Tel: +86 0312 8698215

Related Links :

http://www.itpackaging.cn/

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Senmiao Technology Announces Signing of Framework Agreement with BYD to Purchase and Jointly Promote Electric Vehicles for Ride-Sharing

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CHENGDU, China, Oct. 20, 2020 /PRNewswire/ — Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China, today announced the signing of a Framework Agreement with BYD Auto Sales Co., Ltd., a wholly owned subsidiary of BYD Company Limited ("BYD",(HK:1211)), for the sale of BYD manufactured electric vehicles ("EVs") to Senmiao and joint promotion of EV vehicles for utilization in China’s ride-sharing or ride-hailing market.

Under the agreement, Senmiao has agreed to promote and give priority to BYD’s EVs for its leasing customers utilizing the vehicles for the purposes of ride-sharing, while BYD will provide favorable pricing, financial support, charging station priority, marketing, and after-sales service. As part of the agreement, Senmiao will provide an initial deposit and expects to purchase at least 5,000 vehicles from 2020 to 2021 to support expected ride-sharing growth.

Senmiao currently ranks first in the ride sharing market in large Chinese cities Chengdu (based in Sichuan Province with a population over 16 million) and Changsha (based in Hunan province with a population over 8 million).  Senmiao has focused on growing its leading position in its core markets, and believes this agreement will help to accelerate its growth given the high demand for EVs and energy efficient automobiles.

In April 2020, China announced a Three-Year-Blue-Sky-Action Plan to accelerate the adoption of EVs. In addition, following the impact of the COVID-19 pandemic, China extended monetary incentives and prolonged purchase-tax exemptions of new EVs through 2022.

BYD is one of the largest manufacturers of automobiles, battery-powered bicycles, buses, trucks, forklifts, solar panels, rechargeable batteries, and most notably mobile-phone batteries.

Xi Wen, Senmiao’s Chairman and Chief Executive Officer stated, "We are delighted to enter into this framework agreement with such a well-regarded company as BYD as we continue to promote the use of EVs in public transportation. We feel that the combination of our position in the ride-sharing markets where we operate along with the demand for EVs in China generally will be an exceptional fit for our customers. Our goal is to provide a wide range of financing and leasing options as we build out Senmiao’s network throughout China, and agreements such as this are instrumental to achieving appropriate scale."

Weiming Zhang, the vice general manager of BYD Auto Sales Co., Ltd. noted, "We are pleased to partner with Senmiao and look forward to supporting the expansion of EV automobiles in the ride-sharing market."

The framework agreement sets out the general terms of the parties intentions for their collaboration, with the goal reaching a more definitive agreement as the collaboration matures.

About Senmiao Technology Limited

Headquartered in Chengdu, Sichuan Province, Senmiao provides automobile transaction and related services including sales of automobiles, facilitation and services for automobile purchase and financing, management, operating lease, guarantee and other automobile transaction services aimed principally at the growing ride-sharing market in Senmiao’s areas of operation in China. For more information about Senmiao, please visit: http://www.senmiaotech.com.

Cautionary Note Regarding Forward-Looking Statements 

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements also are subject to risks, uncertainties and assumptions, including those detailed from time to time in the Senmiao’s filings with the SEC, and represent Senmiao’s views only as of the date they are made and should not be relied upon as representing Senmiao’s views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances. 

For more information, please contact:

At the Company:
Yiye Zhou
Email: [email protected]
Phone: +86 28 6155 4399

Investor Relations:

The Equity Group Inc. 
Adam Prior, Senior Vice President 
(212) 836-9606  
[email protected] 

In China
Lucy Ma, Associate
+86 10 5661 7012
[email protected]

© 2020 Senmiao Technology Ltd.  All rights reserved.

 

Related Links :

http://www.senmiaotech.com

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