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Co-Wealth Management Consultant Commercial Consulting Company Can Help Applying Technology Voucher Programme (TVP) for Other Companies Without Difficulty

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HONG KONG SAR – Media OutReach – 13 November 2020 – The government has launched the Technology Voucher Program (TVP) for some time, and the amount and conditions have been widened. But some companies still have difficulty in applying for TVP. The TVP scheme is a subsidy scheme set up using government public funds, and certain criteria are also set for approval to ensure that the scheme can be used appropriately. Therefore, from the beginning of the submission of the application documents to the successful receipt of the funding amount, one has to go through different levels which is a waste of time and energy for small and medium-sized enterprises!

There are three major difficulties in the application process:

1. Request a quotation

First, the application company needs to find at least 3 IT Vendor companies. Do not ever think it is easy to ensure that Vendor signs the “Integrity Clause” and the “Anti-Biddering Clause” when requesting quotations. In fact, they may consider that they are pacers without getting business successfully, so they are unwilling to provide quotations when the VENDOR service provider realizes the applicants are applying for TVP.

 

2. Submit the application form and required information

The government will require the TVP applicant company to provide company documents, such as Invoice, Audit Report, and other related documents. In addition, the government will require applicants to write a detailed report explaining what technological difficulties their company has in its operations, how technology can help their company, and so on.

 

3. Quality inspection

It is not easy to find a suitable supplier among many IT suppliers. Due to the uneven fees and supplier quality, if the applicant company lacks the expertise in IT, there is a high chance that the finished product will not be as expected and it is a waste of time and effort.

 

The professional business consultant/corporate consultant team of Co-Wealth Management Consultant Limited has more than 5 years of experience in applying for government funding schemes. It provides professional government funding advisory services for SME funding in Hong Kong. The TVP advisory services cover different types of government funding programs. As of mid-2019, Co-Wealth has assisted more than 300 Hong Kong enterprises and organizations to apply for various government funding funds to help them make good use of government resources and enhance the company’s market competitiveness.

 

Co-Wealth’s SME Funding consulting services include:

Technology Voucher Program (TVP)

Dedicated Fund on Branding, Upgrading and Domestic Sales (BUD) / BUD Enterprise Support Programme

BUD Fund Mainland Programme

BUD Fund FTA / ASEAN Programme

SME Export Marketing Fund (EMF)

Retail Technology Adoption Assistance Scheme / Retail Sector Subsidy Scheme (ReTAAS)

Distance Business Programme (D-Biz)

Independent Financial Advisor / Purchase of Insurance /Financial Advisory Company

Medical Insurance / Group Medical

Labour Insurance / Purchase of Labour Insurance

Set up Corporate MPF account

IT Services: Website Design, App Development, Open Online Shop

 

Business consultants/corporate consultants are designed to provide customers with breakthrough strategies. It is conceivable that the process is complicated, so they need to have good problem-solving skills and professional skills. In this era of strategic and technological integration, they work closely with the electronic technology team to provide customers with technology-driven transformation ideas.

 

In addition, the consultant team is supported by research and analysts. The research department is not only responsible for analyzing data and conducting on-site inspections, but also assisting in the development and testing of hypothetical models and analyzing industry trends. Execution is an important key to business success. Consultants not only create ideas. After all, the industry is very focused on results. They need to help clients continue to improve their performance and bring measurable productivity, cost and quality improvements, which involve business transformation and management execution optimization.

Finally, Co-Wealth’s partners have: 1. In addition to providing customers with online store opening services, i-Maker IT Limited also has other different professional services, such as Distance Business Programme (D-Biz)Technology Voucher Program (TVP), and Technology Voucher Suppliers(ReTASS) Retail Industry Subsidy ProgramBUD Special FundSME Export Marketing Fund (EMF) and Business Partner Program to help customers build online businesses. i-Maker is also a professional website design and web design company, web productionSEO search engine optimizationdigital marketingAPP developmentIT servicescompany registration (opening limited companiesopening unlimited companies), virtual Officeopening company account (commercial account), etc.


2. Flint Ideas Design Printing Limited uniform company, can also help customers provide printed shirtsprinted teetailor-made windbreakerstailor-made uniformsPolo shirtshoodiesbaseball jacketscardigansnurse uniformsapronscustom-made caps , sportswearjerseystote bagsgifts and other services.


3. Carol Interior Design can provide decoration designinterior designinterior decorationhome decorationdecoration constructioncommercial decorationoffice/office building cleaningpest control servicesformaldehyde removalmist disinfectionremoval of unauthorized construction and small construction etc.


4. Dr Pest Control Expert, a pest control company, has a professional pest control team that is committed to providing customers with different pest control services. The purpose is to ensure that the environment in which customers live or work is properly protected. Many pest control services include major industrial and commercial institutions, Government departments, restaurants, manufacturers and residences. Dr Pest Control Expert’s pest control service team has received professional training and is familiar with the characteristics of pests, so that they can play the effect of pest control. They have years of practical work experience and professional knowledge in pest control. Maintaining good service quality is an important cornerstone of the pest control company. Pest control services include mosquito controlant controlcockroach controlrat controltermite control, and bed bug control. In addition, formaldehyde removal servicenano-natural disinfection service (atomization disinfection company) and post-renovation cleaning are also provided.

Co-Wealth Management Consultant Limited

The professional business consultant/corporate consultant team of Co-Wealth Management Consultant Limited has more than 5 years of experience in applying for government funding schemes. It provides professional government funding advisory services for SME funding in Hong Kong. The TVP advisory services cover different types of government funding programs. As of mid-2019, Co-Wealth has assisted more than 300 Hong Kong enterprises and organizations to apply for various government funding funds to help them make good use of government resources and enhance the company’s market competitiveness.

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TRAC Intermodal Releases Case Study on Port of NY/NJ Chassis Pool Model Success During Record Port Growth

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PRINCETON, N.J., Dec. 4, 2020 /PRNewswire/ — As local economies reopen and imports surge at many U.S. ports, ensuring the timely flow of cargo through these ports takes on added urgency. TRAC Intermodal has developed a detailed case study on how the chassis pool model at the Port of NY/NJ has supported significant increases in container cargo volumes over the past few years. TRAC's Metro Pool is the largest chassis pool in the region, with 17,000 chassis supporting this market.

One of the nation's busiest ports, the Port of NY/NJ recently reported its best month ever for import volume. The Port has invested heavily in infrastructure improvements such as raising the Bayonne Bridge, deepening harbors and upgrading roadways to and from terminals, all to help accommodate larger TEU ships and the cargo volumes they bring. As a direct result of these efforts, between 2017 and 2019, container cargo volumes at the Port of NY-NJ increased 11.3%. Despite this volume increase, compounded by sudden spikes in demand during the 2019 U.S.-China trade war and a record container volume rebound in the summer and fall of 2020, the chassis system was able to maintain a smooth cargo flow, with little to no disruptions.

“The TRAC case study identifies ways in which the Port's chassis provisioning model along with our quality fleet care programs have enabled port growth and offer motor carriers ready access to safe, high-quality equipment, operational efficiencies and equipment choices to meet their needs,” says Daniel Walsh, CEO at TRAC Intermodal.

A copy of the case study, “Port of NY/NJ Chassis Pool Model Success in the Face of Record Cargo Growth,” is available for download here or by visiting https://www.tracintermodal.com/case-study-port-nynj.

About TRAC Intermodal
TRAC Intermodal (www.tracintermodal.com) is North America's leading marine chassis pool manager and equipment provider, with 11 pools under management across the U.S. TRAC has the largest fleet of marine and specialty chassis in North America and operates an extensive network of facilities. TRAC's subsidiaries offer emergency fleet roadside assistance through FYX, and maintenance and repair services and other depot solutions through TRAC Services.

For more information, contact:                        

Rick Leonard
RCL Communications
203.434.7734
[email protected]

 

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SOURCE TRAC Intermodal

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KanKan AI Announces the Release of its Smart Customer Retail Platform for the Banking Industry

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LAS VEGAS, Dec. 4, 2020 /PRNewswire/ — Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence (“AI”) solutions and digital media properties, today announced that several large banks in China, including the Bank of China, have installed the Smart Customer Retail Platform created by Remark's KanKan AI business to act as a centralized, interactive hub for the marketing and sale of the banks' products and services. For the Bank of China, the installation of the Smart Customer Retail Platform represents the first in a series of systematic upgrades planned by the bank. The initial installations are expected to generate approximately $1.5 million in revenue during Remark's fourth quarter.

Smart Customer Banking Platform

“The banking industry has gradually transformed from the traditional method of bank employees providing services at the counter to highly personalized AI-driven interactive services. Bank of China's implementation of Remark AI's system reflects the initial capture of the Chinese banking industry's estimated $2 billion annual budget upgrade opportunity as 20,000 branches of major banks are scheduled to be upgraded each year,” noted Kai-Shing Tao, Chairman and Chief Executive Officer of Remark Holdings. “The Smart Customer Retail Platform, which integrates Kankan AI platform, can be customized to meet each branch's marketing goals by personalizing services for each customer.”

Several large banks in China, including the Bank of China have installed the Smart Customer Retail Platform.

KanKan AI's computer vision technology identifies customers, allowing the banks to know whom they are interacting with and also providing targeted and personalized marketing information. Customers can use the platform to complete transactions such as the purchase of investment products and the completion of credit card applications. In addition, Kankan AI provides valuable feedback to bank managers by analyzing customers' interactions on a real-time basis.

Given the initial success, KanKan AI is targeting sales to an additional 500 branches of the banks that participated in the recent pilot rollouts of the Smart Customer Retail Platform.

Additional information regarding KanKan AI and its other innovative solutions can be found on its website (www.remarkdip.com).

Remark Holdings, Inc. (PRNewsFoto/Remark Media, Inc.)

About Bank of China

Bank of China is one of the four biggest state-owned commercial banks in China. It was founded in 1912 by the Republican government to replace the Daqing Bank. It is the second oldest bank in mainland China still in existence (after the Bank of Communications, founded in 1908). From its establishment until 1942, it issued banknotes on behalf of the Government along with the “Big Four” banks of the period: the Farmers Bank of ChinaBank of Communications and Central Bank of the Republic of China. Its headquarters are in Xicheng DistrictBeijing. By the year end of 2019, the Bank of China had a total of 228,000 branches worldwide. As of August 2020, it was the fourth-largest bank in the world in terms of assets, ranked after the other three Chinese banks. Additional information regarding Bank of China can be found on its website (www.boc.cn/en).

About Remark Holdings, Inc.

Remark Holdings, Inc. (NASDAQ: MARK) delivers an integrated suite of AI solutions that enable businesses and organizations to solve problems, reduce risk and deliver positive outcomes. The company's easy-to-install AI products are being rolled out in a wide range of applications within the retail, financial, public safety and workplace arenas. The company also owns and operates an e-commerce digital media property focused on a luxury beach lifestyle. The company is headquartered in Las Vegas, Nevada, with additional operations in Los Angeles, California and in Beijing, Shanghai, Chengdu and Hangzhou, China. For more information, please visit the company's website (www.remarkholdings.com).

Forward-Looking Statements

This press release may contain forward-looking statements, including information relating to future events, future financial performance, strategies, expectations, competitive environment and regulation. Words such as “may,” “should,” “could,” “would,” “predicts,” “potential,” “continue,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar expressions, as well as statements in future tense, identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, including those discussed in Part I, Item 1A. Risk Factors in Remark Holdings' Annual Report on Form 10-K and Remark Holdings' other filings with the SEC. Any forward-looking statements reflect Remark Holdings' current views with respect to future events, are based on assumptions and are subject to risks and uncertainties. Given such uncertainties, you should not place undue reliance on any forward-looking statements, which represent Remark Holdings' estimates and assumptions only as of the date hereof. Except as required by law, Remark Holdings undertakes no obligation to update or revise publicly any forward-looking statements after the date hereof, whether as a result of new information, future events or otherwise.

Company Contacts

E. Brian Harvey
Senior Vice President of Capital Markets and Investor Relations
Remark Holdings, Inc.
[email protected]
702-701-9514

Fay Tian
Vice President of Investor Relations
[email protected]
(+1) 626-623-2000
(+86) 13702108000

 

 

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SOURCE Remark Holdings, Inc.

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Bit Digital, Inc. completed the acquisition of $13,902,742 worth of bitcoin miners with total hash rate of 1,003.5 Ph/s

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NEW YORK, Dec. 4, 2020 /PRNewswire/ — Bit Digital, Inc. (Nasdaq: BTBT), a Nasdaq listed Bitcoin mining company headquartered in New York announced that on December 3, 2020, it had completed the acquisition of $13,902,742 worth of bitcoin miners with total hash rate of 1,003.5 Ph/s with certain non-U.S. investors in exchange for an aggregate of 4,344,603 ordinary shares at the price of $3.20 per share, when the purchases were negotiated.

Company Logo (PRNewsfoto/Bit Digital, Inc.)

The closing of the acquisition represents the total hash rate of the Company increase by approximately 1,003.5 Ph/s from 1,250 Ph/s to 2,253.5 Ph/s. The total 17,996 miners acquired include 7,025 Antminer S17+, 9,110 Antminer T17, 195 Antminer S17E, 32 Antminer S17Pro, 105 Antminer S19Pro, 1,429 Whatsminer M20S, 100 Whatsminer M31S. The average energy efficiency of these miners is 47.45 (+/-5%) joules per terahash (J/TH). With these miners being deployed, the total energy efficiency will be decreased from 61.88 (+/-5%) J/TH to 55.33 (+/-5%) by 10.59%. These miners are distributed in Xinjiang, Sichuan and Inner Mongolia Provinces PRC and are expected to be fully installed before the end of December 2020.

“We are very pleased to announce the completion of the transaction and to issue our shares in exchange for bitcoin miners,” Erke Huang, the Chief Financial Officer of the Company said. “Also, with these miners installed, the utility cost will be further decreased and increase our profit margin.”

Safe Harbor Statement

This press release may contain certain “forward-looking statements” relating to the business of Bit Digital, Inc., and its subsidiary companies. All statements, other than statements of historical fact included herein are “forward-looking statements.” These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements. 

 

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SOURCE Bit Digital, Inc.

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