Month: December 2022

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FRSH FINAL DEADLINE NOTICE: ROSEN, SKILLED INVESTOR COUNSEL, Encourages Freshworks Inc. Investors with Losses Exceeding $100K to Secure Counsel Before Important January 3 Deadline in Securities Class Action – FRSH

NEW YORK, Dec. 31, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Freshworks Inc. (NASDAQ: FRSH) pursuant and/or traceable to the Company’s initial public offering conducted in September 2021 (the “IPO”), of the important January 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Freshworks securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Freshworks class action, go to https://rosenlegal.com/submit-form/?case_id=9546 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 3, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the registration statement and prospectus used to effectuate Freshworks’ IPO were false and misleading and omitted to state that, at the time of the offering, the Company’s business had encountered obstacles. As a result, Freshworks’ net dollar retention rate was plateauing, and its revenue growth rate and billings were decelerating. As the truth about Freshworks’ business reached the market, the value of its shares declined dramatically, causing Freshworks investors to suffer significant damages. Indeed, by the commencement of the action, Freshworks’ shares traded as low as $10.51 per share, representing a decline of over 70% from the IPO price.

To join the Freshworks class action, go to https://rosenlegal.com/submit-form/?case_id=9546 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————–

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8722030

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CGTN：How do emergency wards in China cope with increasing COVID patients?

BEIJING, Dec. 31, 2022 /PRNewswire/ — Ninety-year-old Qu Fucheng was waiting for his COVID-19 treatment in Wuhan Zhongnan Hospital when his son realized how crowded the emergency department was.

CGTN_Emergency_Ward

“My father was in very critical condition at home, ” the son told CGTN, frowning. “If something had happened to him because I didn’t handle the situation well, I don’t know how I would ever have been able to forgive myself.”

The deputy head of the department said they had seen “a significant increase” in the number of patients, while most of the severely ill were senior people with underlying diseases.

In a bid to leave no patient unattended, the emergency department converted the emergency observation room into a buffer zone to reduce waiting time.

And that’s where Qu Fucheng was transferred to.

“Seeing my father’s serious condition, the doctors immediately took him to one of the beds,” the son said. “I thought it wouldn’t have gone that smoothly when I was at home.”

To treat as many patients as possible, all medical personnel and equipment have worked around the clock with full “combat effectiveness.” After receiving first aid treatment, Qu’s condition soon saw some improvement.

Head nurse Tian Yu told CGTN that a buffer zone is not enough to smooth the workflow, adding that a good workflow is critical for the emergency department.

No “hospital run”

Such measures are being taken in many emergency wards across China, as the country saw an increase in COVID patients after lifting some of the COVID restrictions.

Some worried there will be too many patients for the hospitals to host, leading to a so-called “hospital run” like a bank run during an economic crisis. Luckily this didn’t happen thanks to timely adjustments in hospitals.

Cities like Beijing built more temporary fever clinics, while others like Chongqing expanded existing fever-treating department and reassigned doctors from other departments to support COVID treatment.

Online solution

The Chinese government also expanded online medical services for COVID-19 patients on December 12. Areas like Beijing, Zhejiang and Hunan have already put the new policy into practice.

“The online medical services can provide consultation and medication guidance for more patients who stay at home,” Jiao Yahui, head of the Bureau of Medical Administration under NHC, told China Media Group. “Prescriptions can be made online and drugs would be delivered offline, which can ease the pressure of visiting doctors offline, and avoid crowds in hospitals to reduce the risk of cross-infections.”

Link: https://news.cgtn.com/news/2022-12-30/How-do-emergency-wards-in-China-cope-with-increasing-COVID-patients–1gaC64zlYv6/index.html

Photo – https://mma.prnewswire.com/media/1975870/CGTN_Emergency_Ward.jpg

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EVA FINAL DEADLINE NOTICE: ROSEN, NATIONAL TRIAL ATTORNEYS, Encourages Enviva Inc. Investors with Losses Exceeding $100K to Secure Counsel Before Important January 3 Deadline in Securities Class Action – EVA

NEW YORK, Dec. 31, 2022 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Enviva Inc. (NYSE: EVA) between February 21, 2019 and October 11, 2022, both dates inclusive (the “Class Period”), of the important January 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased Enviva securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Enviva class action, go to https://rosenlegal.com/submit-form/?case_id=9162 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 3, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) Enviva had misrepresented the environmental sustainability of its wood pellet production and procurement; (2) Enviva had similarly overstated the true measure of cash flow generated by the Company’s platform; (3) accordingly, Enviva had misrepresented its business model and the Company’s ability to achieve the level of growth that defendants had represented to investors; and (4) as a result, the Company’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Enviva class action, go to https://rosenlegal.com/submit-form/?case_id=9162 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8722007

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South Africa mourns Boksburg tanker blast victims as death toll rises to 34

JOHANNESBURG, The number of deaths due to the gas tanker explosion has tripled since the incident happened on Christmas Eve.

 

Families and friends of victims of a gas tanker explosion in Johannesburg on Christmas Eve gathered on Friday morning for a memorial service, even as the death toll increased to 34 from an earlier estimate of 27, the provincial health department said.

 

Health Minister Joe Phaahla joined relatives of the victims to pay their respects by lighting candles at the Boksburg Civic Centre.

 

The blast tore the roof off the emergency department at the Tambo Memorial hospital in the city’s Boksburg suburb on Saturday. Many bystanders were also injured, while it destroyed houses and several cars.

 

The latest casualty numbers were announced in a statement on Friday by a spokesperson for the Gauteng Department of Health.

 

“The Department of Health can confirm that the death toll from the Boksburg Explosion incident has risen to 34 as of Friday, 30 December 2022,” it said.

 

The victims included 11 health workers and 23 members of the public, the spokesperson said, adding that the numbers were constantly being updated. The severe nature of the burns inflicted by the blast was expected to result in an increase in the number of deaths, authorities had earlier said.

 

The victims included children as young as nine, according to a message shared by the health department on social media commemorating a memorial for the victims.

 

Meanwhile, President Cyril Ramaphosa promised relief to the victims and said authorities were investigating the incident.

 

Source: NAM NEWS NETWORK

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Press Release President Barrow Receives ECOWAS Commission President, Outgoing ECOMIG Commander

State House, Banjul, 30th December 2022: In a series of engagements, President Adama Barrow, Friday, 30th December 2022, received the ECOWAS Commission President, H.E. Dr Omar Touray and the Outgoing ECOMIG Commander in The Gambia, Colonel Cheikh Omar Tamba, at the State House in Banjul.

 

In his audience with Dr Touray, the President expressed pride in having the first Gambian to assume such a position in the sub-regional body, adding it happened when the sub-region yearned for diplomacy and technical expertise to tackle the challenges confronting it. “You came at a time when the subregion is confronted with many challenges, but with your expertise and diplomatic skills, we will continue to support you,” President said.

 

Following his audience with the President, Dr Touray said he was on his first official mission since assuming office to express gratitude to the Gambian people through the President and Government of The Gambia for being selected in his current position. “I believe thousands of Gambians could have been selected for this position. Having this role assigned to me is a mark of confidence that I am very appreciative of.” He stated.

 

Dr Touray noted that it was also an opportunity to recommit and re-engage himself to work for what is best for the region and seek guidance from the President on the number of issues the region is facing. He remarked that the President’s ideas would be highly beneficial at the regional level.

 

He commented on the Commission’s aims, stating that peace and security are key strategic goals to strengthen the region’s response capabilities through early warning systems, deployment, and preventive diplomacy.

 

Given the region’s highly youthful population, he emphasized the importance of mainstreaming women and youth in development. He outlined trade and constitutionalism, amongst others, that need crucial attention. Dr Touray urged ECOWAS citizens to cherish and strengthen the community for future generations.

 

In a separate engagement, President Barrow bade farewell to the outgoing Commander of the ECOMIG forces in the Gambia,  Cheikh Omar Tamba, who he described as a  professional, frank and trustworthy person. He commended Tamba and his predecessors for nobly serving The Gambia.

 

“ECOWAS wants to use The Gambia as a model, and I am grateful to all the Heads of State for their support. I believe in democracy, and we can entrench it in our country,” the President said, expressing optimism that the continued security sector reforms would strengthen its capacity-building component.

 

Commander Tamba, for his part, thanked the President for enabling them to do their work.

 

Source: Statehouse Gambia

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FIGS FINAL DEADLINE ALERT: ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages FIGS, Inc. Investors with Losses Exceeding $100K to Secure Counsel Before Important January 3 Deadline in Securities Class Action – FIGS

NEW YORK, Dec. 30, 2022 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the stock of FIGS, Inc. (NYSE: FIGS): (i) pursuant and/or traceable to the registration statement and related prospectus issued in connection with the Company’s 2021 initial public offering (the “IPO” or “Offering”); and/or (ii) between May 27, 2021 and May 12, 2022, both dates inclusive (the “Class Period”), of the important January 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased FIGS securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the FIGS class action, go to https://rosenlegal.com/submit-form/?case_id=9629 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 3, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the registration statement supporting the IPO and defendants’ statements throughout the Class Period were false and/or misleading and/or failed to disclose that defendants: (1) inflated FIGS’ true ability to successfully secure repeat customers; (2) failed to disclose FIGS’ increasing dependence on air freight; and (3) inflated the expected net revenues, gross margin, and adjusted EBITDA margin for 2022. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the FIGS class action, go to https://rosenlegal.com/submit-form/?case_id=9629 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8722004

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CGTN：Poems and New Year blessings preheat for CGTN’s multilingual integrated product

BEIJING, Dec. 31, 2022 /PRNewswire/ — In 2022, CGTN’s “Read a Poem” campaign launched several special events for the Qixi Festival in August, the Mid-Autumn Festival and International Day of Peace in September, and the upcoming new year.

Thirteen ambassadors and representatives from Guinea-Bissau, Sri Lanka, Guyana, Mexico, Uruguay, Algeria, Jordan, Ecuador, Malawi, Guinea, Egypt, United Nations Women, Russian Cultural Centre in Beijing and The United Nations Educational, Scientific and Cultural Organization (UNESCO) accepted CGTN’s invitation to read poems and send blessings for the upcoming new year.

Smriti Aryal, representative of UN Women in China, read “What I will,” written by Suheir Hammad, to share her stand, strength, courage, and resilience. “I will not forget where I come from. I will craft my own drum. Gather my beloved near, and our chanting will be dancing, our humming will be drumming,” she read.

António Serifo Embaló, ambassador of Guinea-Bissau to China, read “Sea, sea and sea” written by Eugénio de Andrade. “Sometimes the sea is a white figure glistening among the rocks. The sea becomes small and mine again perfect anemone, opening in my fingers.”

Hassane Rabehi, Algerian ambassador to China, read “My motherland, I love you beyond imagination,” and addressed the profound friendship of China and Algeria. “The friendship between Algeria and China will last forever, for the common interests of all mankind, the friendship of all countries in the world will last forever,” he said.

The global “Read a poem” online campaign is a central component of the second season of CGTN’s multilingual integrated product “Poetry Sans Frontiers,” which will be broadcast online on January 1, 2023.

“Poetry Sans Frontiers” is a cross-cultural exchange program launched by CGTN that breaks the language boundaries through the narration and poetry recitation of different countries and characters, employs poetry to tell the story of beautiful love, genuine friendship, fearless courage, love for life, praise for nature and a longing for peace.

In season two of “Poetry Sans Frontiers,” seven episodes will be presented to global audiences, namely friendship, peace, life, beginner’s mind, love and courage, return, and dream.

The products will be distributed globally on all CGTN platforms, CMG new media platforms, and international platforms as global poetry collection activities and poetry-related documentaries, among other concepts, to promote emotional person-to-person exchanges among nations.

https://news.cgtn.com/news/2022-12-29/Poems-and-New-Year-blessings-preheat-for-CGTN-s-cultural-product-1g9VGSDd5zG/index.html

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‫تسجل شركة Sinopec رقماً قياسياً جديداً لعمق البئر العمودي يبلغ 8866 متراً في حوض سيتشوان، الصين

بكين، 30 ديسمبر 2022 / PRNewswire / — شركة البترول والكيماويات الصينية ( HKG : 0386، “ Sinopec “) أعلنت أن بئر Yuanshen-1 لاستكشاف المخاطر في حوض سيشوان قد أكمل بنجاح الحفر على عمق 8866 مترًا، متجاوزًا الرقم القياسي السابق الأعمق في حوض Sichuan الذي سجله بئر Rentan-1 .

Sinopec Sets A New Vertical Well Depth Record of 8,866 Meters in the Sichuan Basin, China.

اختراق كبير لـ “مشروع الأرض العميقة” لـ Sinopec ، وصل بئر Yuanshen-1 إلى أعمق تكوين للنفط والغاز في عمق الدفن في حوض سيشوان ويظهر كذلك الإمكانات الكبيرة لصخور الكربونات القديمة العميقة في المنطقة.

وفي اليوم نفسه، كشفت شركة Sinopec رسميًا النقاب عن “مشروع الأرض العميقة – قاعدة الغاز الطبيعي في سيشوان وتشونغتشينغ”، بالتعاون مع شركة Sinopec للاستكشاف، وشركة Sinopec للنفط والغاز في الجنوب الغربي، وشركة Sinopec زونغيوان لحقول النفط، وشركة Sinopec جيانغان لحقول النفط، وشركة Sinopec شرق الصين للنفط والغاز. هذه هي قاعدة Sinopec الثالثة “مشروع الأرض العميقة” بعد قواعد Shunbei Oilfield و Jiyang Shale Oil .

حتى الآن، بلغت موارد الغاز الطبيعي العميقة في Sinopec في حوض سيشوان في المناطق التي تتمتع بحقوق التعدين 15 تريليون متر مكعب، وهو ما يحمل وزنًا ثقيلًا لاحتياطيات الغاز الطبيعي ونمو الإنتاج في الصين.

وصل بئر Yuanshen-1 إلى أعمق خزان للهيدروكربونات في حوض سيشوان – مجمع التلال الضحلة للسحنات الهامشية للمنصة في تكوين دنجي. أثناء الاستكشاف، لا تزال صخور الكربونات شديدة العمق، المدفونة على عمق يزيد عن 8700 متر، تظهر أدلة هيدروكربونية إيجابية في الخزان المسامي.

الحفر على عمق أكثر من 8000 متر يمكن أن يجلب العديد من التحديات للاعبين الصناعيين العالميين. يزن الغلاف العلوي كبير الحجم 517 طنًا على مستوى الأرض، وهو ما يمثل تحديًا لقدرات الرفع والتغليف الخاصة بمنصة الحفر. كما تشتمل درجة الحرارة الفائقة الارتفاع في الأرض العميقة على متطلبات عالية لاستقرار مائع الحفر وقدرته على مكافحة التلوث، ويكون التجويف عند هذه الأعماق صعبًا ومستهلكًا للوقت. ولمكافحة هذه التحديات، طورت Sinopec خمس تقنيات رئيسية للحفر العميق للغاية لدعم التنقيب عن النفط والغاز في خزانات الكربونات العميقة والعميقة للغاية.

واصلت Sinopec التقدم في استكشاف الهيدروكربونات العميقة في حوض سيشوان، بما في ذلك الغاز التقليدي في صخور الكربونات البحرية العميقة وغاز الصخر الزيتي العميق. وقد اكتشفت حقول الغاز في بوغوانغ ويوانبا وشوانكسي، وحتى الآن، تجاوزت قدرة Sinopec على إنتاج الغاز التقليدي السنوي من خزانات الكربونات البحرية العميقة 12 مليار متر مكعب.

لمزيد من المعلومات، يُرجى زيارة  Sinopec .

Logo

الصورة –  https://mma.prnewswire.com/media/1975720/image_1.jpg

الشعار – https://mma.prnewswire.com/media/960416/SINOPEC_Logo.jpg

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‫يشهد توسع UnionPay International المستمر لشبكتها العالمية إصدار أكثر من 200 مليون بطاقة خارج البر الرئيسي الصيني

10 سنوات من تقديم خدمات الدفع العالمية المبتكرة

شنغهاي، 30 ديسمبر 2022 / PRNewswire / — مع إصدار بطاقات UnionPay التي تتجاوز 200 مليون خارج البر الصيني،   UnionPay International (UPI) تدخل عقدًا جديدًا من تقديم خدمات دفع عالية الجودة وفعالة من حيث التكلفة وآمنة عبر الحدود إلى أكبر قاعدة لحاملي البطاقات في العالم. وقد توسع شركاء UPI من 60 عضوا أوليًا منذ إنشائها في عام 2012 إلى 2500 مؤسسة على الصعيد الدولي مع شبكة قبول تغطي حاليا 181 بلدًا ومنطقة، يُصدر 78 منها حاليا بطاقات UnionPay ، مما يضمن تقديم خدمات محلية ملائمة لعدد متزايد باستمرار من حاملي بطاقات UnionPay العالمية والتجار.

تعمل شركة UnionPay International على تحسين تجربة الدفع عبر الحدود بشكل كبير لحاملي البطاقات المحليين

على مدى العقد الماضي، طورت UPI بلا توقف تقنية الدفع المتطورة لمشاركة تجربة دفع جديدة عبر الحدود مع حاملي بطاقات UnionPay في كل ركن من أركان العالم. في الوقت الحالي، خارج البر الرئيسي الصيني، يقبل 38 مليون تاجر عالمي بطاقات UnionPay ، بزيادة أربعة أضعاف منذ عام 2012، مع إضافة أربعة ملايين تاجر جديد في عام 2022 وحده. بلغت معدلات قبول بطاقة UnionPay في APAC وأوروبا وأمريكا الشمالية 95% و 80% و 80% على التوالي، في حين يستخدم 22 مليون تاجر عبر الإنترنت في 200 دولة ومنطقة الآن UnionPay للمدفوعات.

خلال هذه السنوات العشر، تطور التحول الرقمي لصناعة المدفوعات العالمية بسرعة، وعجلت UPI بتكرار المنتجات وترقيات الخدمة لتلبية عادات الدفع المتغيرة باستمرار للعملاء الدوليين. بالتعاون الوثيق مع البنوك المركزية وشبكات التحويل الوطنية وتحالفات الدفع، شاركت UPI بنيتها التحتية المالية المبتكرة ومعاييره الفنية في بلدان مثل تايلاند والفلبين وأصبح معيارًا موحدًا عبر الحدود لشبكة الدفع الآسيوية.

يعكس التوسع العالمي لشركة UPI ابتكارها التكنولوجي والرقمي المثير للإعجاب

في السنوات الأخيرة، تم إطلاق تطبيق UnionPay الموحد للصناعة المصرفية التي تدعم UnionPay بدون تلامس، ورمز الاستجابة السريعة والمدفوعات في آسيا والمحيط الهادئ، مما يعزز إلى حد كبير تجارب الدفع عبر الهاتف المحمول لحاملي البطاقات. بما في ذلك تطبيق UnionPay ، تم إطلاق أكثر من 170 محفظة إلكترونية قياسية من UnionPay خارج البر الرئيسي للصين، ويمكن لأكثر من 16 مليون تاجر دولي تجربة الراحة التي توفرها مدفوعات رمز الاستجابة السريعة أو “التمرير السريع”.

في عام 2018، تم إطلاق نسخة منطقة هونغ كونغ وماكاو الإدارية الخاصة من تطبيق UnionPay وفي غضون أربع سنوات، أصبحت واحدة من أشهر منتجات الدفع عبر الهاتف المحمول للمقيمين. يشمل الوصول إلى خدمات الدفع عبر الهاتف المحمول من UnionPay خدمة Singapore’s PayLah! ، و Malaysia’s Boost , و Thailand’s K Plus ، فضلًا عن العديد من المنتجات الرائدة الأخرى. تكمن وراء هذه الإنجازات منصات الخدمة الفنية التابعة لـ UPI ، بما في ذلك المطور، وإصدار البطاقة السحابية، ومنصات خدمة السيناريوهات، والتي تقلل من الصعوبات الفنية والتكاليف للشركاء للوصول إلى خدمات الجوال UnionPay ، ودعم المزيد من المؤسسات المالية. كما انضمت شركات الاتصالات والتجزئة وغيرها من الشركات إلى النظام البيئي للدفع عبر الهاتف المحمول في UnionPay لتعزيز تجربة الدفع عبر الهاتف المحمول لحاملي البطاقات الدوليين.

تواصل UnionPay انتشارها العالمي على قدم وساق وستتوسع أكثر في العقد المقبل

توسيع نطاقها العالمي، والابتكار المستمر، وسهولة الاستخدام لحاملي البطاقات في جميع أنحاء العالم، وهو الإصدار الأول الذي  بطاقات UnionPay في زامبيا  تم إطلاقه في وقت سابق من هذا العام حيث أصبحوا بسرعة تفضيلًا جديدًا للدفع. تم إصدار أكثر من 20 مليون بطاقة UnionPay دوليًا منذ بداية هذا العام، مع تجاوز معدلات المعاملات مستويات ما قبل الوباء. في APAC ، واحدة من كل أربع بطاقات مصرفية صادرة حديثًا من UnionPay التي تمثل الآن 95% من بطاقات الخصم في منطقة هونغ كونغ وماكاو الإدارية الخاصة. تم Nilson Report تصنيف حجم معاملات UnionPay في المرتبة الأولى بين كبار مصدري البطاقات الدوليين في منطقة آسيا والمحيط الهادئ لعام 2021.

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NWTN Delivers First Batch of Electric Vehicles to Client in the UAE

DUBAI, UAE, Dec. 30, 2022 /PRNewswire/ — NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN”), today announced that it delivered 20 range-extended electric vehicles (“R-EEVs”) to M93 CAR RENTAL L.L.C (“M93 CAR RENTAL”) at its newly constructed facility in the Khalifa Economic Zones Abu Dhabi (“KEZAD”). The delivery kicks off NWTN’s plan to provide the UAE market with a range of innovative products and solutions to promote the region’s transformation to sustainable energy.

The R-EEVs were the perfect choice for M93 CAR RENTAL and are uniquely suited to the UAE market.  The vehicle’s range-extended technology overcomes the problems of limited charging facilities in the UAE and the long distances often travelled in the country. The 20 R-EEVs were the first batch of vehicles to be delivered to local clients within coming months.

“This is the first time we adopt new energy vehicles into our operation fleet, we are so excited about it.  This is in line with the green energy transformation initiatives of our country, and we are very proud to be an active part of it,” said Shahram Parvizi, Chairman & CEO of M93 CAR RENTAL.  “I would like to thank NWTN for providing these advanced products and technology to us.  We look forward to rolling out additional new energy mobility technologies and solutions from NWTN in the future.”

Alan Wu, Chairman and CEO of NWTN said at the delivery ceremony: “We are thrilled to see our products and solutions start contributing to the UAE’s Zero Emission Initiative. This is the beginning of our long-term commitment to the UAE and the Middle East market.  We will continue to promote green mobility lifestyles and bring world leading sustainable technologies to the UAE to help support the country’s ‘Net-Zero 2050’ strategic initiative and energy transformation blueprint.”

The KEZAD assembly facility is NWTN’s first facility in the UAE.  The facility will enable NWTN to conduct semi-knockdown production with a greater proportion of software and hardware localization and upgrades to meet the local market needs. The KEZAD assembly facility is currently in the final phase of installing equipment and conducting trial operations, and is expected to be fully operational in the first quarter of 2023.

ABOUT NWTN

NWTN is a pioneering green technology company with a mission to bring premium passenger-centric mobility and green energy solutions to the world. Headquartered in Dubai and with its manufacturing facilities in Abu Dhabi, UAE, NWTN aims to integrate avant-garde design, life-style personalization, IoT connectivity, autonomous driving technology, and green energy eco-systems to its future mobility solutions. Its core technology includes modular pure electric platforms, battery packing and management technology, a digital on-board connectivity system, continuously upgraded electric and electronic architecture as well as autonomous driving technology.

NWTN focuses on growth and development in the entire value chain of clean energy applications in the UAE and intends to expand to the Middle East, North Africa, and other Southeast Asian and European territories.

For further information, please visit: https://www.nwtnmotors.com.

FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements are characterized by future or conditional verbs such as “may,” “will,” “expect,” “intend,” “anticipate,” believe,” “estimate” and “continue” or similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which contain projections of future results of operations or financial condition or state other forward-looking information.

Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to the risks factors contained in NWTN’s filings with the Securities and Exchange Commission, which are available for review at www.sec.gov. Forward-looking statements speak only as of the date they are made. New risks and uncertainties arise over time, and it is not possible NWTN to predict those events or how they may affect NWTN. If a change to the events and circumstances reflected in NWTN’s forward-looking statements occurs, NWTN’s business, financial condition and operating results may vary materially from those expressed in NWTN’s forward-looking statements.

Readers are cautioned not to put undue reliance on forward-looking statements, and NWTN assumes no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

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Sinopec Sets A New Vertical Well Depth Record of 8,866 Meters in the Sichuan Basin, China

BEIJING, Dec. 30, 2022 /PRNewswire/ — China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec”) announced that its Yuanshen-1 risk exploration well in the Sichuan Basin had successfully completed the drilling at a depth of 8,866 meters, beating the previous deepest record in the Sichuan Basin set by its Rentan-1 well.

Sinopec Sets A New Vertical Well Depth Record of 8,866 Meters in the Sichuan Basin, China.

A major breakthrough of Sinopec’s “Project Deep Earth,” the Yuanshen-1 well has reached the deepest oil and gas formation in burial depth in the Sichuan Basin and further shows the great potential of deep ancient carbonate rocks in the region.

On the same day, Sinopec officially unveiled the “Project Deep Earth – Natural Gas Base in Sichuan and Chongqing”, in collaboration with Sinopec Exploration Company, Sinopec Southwest Oil & Gas Company, Sinopec Zhongyuan Oilfield Company, Sinopec Jianghan Oilfield Company and Sinopec East China Oil & Gas Company. This is Sinopec’s third “Project Deep Earth” base after the Shunbei Oilfield and Jiyang Shale Oil bases.

To date, Sinopec’s deep natural gas resources in the Sichuan Basin in areas with mineral rights have reached 15 trillion cubic meters, which holds a heavy weight for China’s natural gas reserves and production growth.

The Yuanshen-1 well has reached the deepest hydrocarbon reservoir in the Sichuan basin – the mound-shoal complex of the platform marginal facies in Dengying Formation. During the exploration, the ultra-deep carbonate rock, buried at a depth of over 8,700 meters, still showed positive hydrocarbon evidence in the porous reservoir.

Drilling to a depth of over 8,000 meters can bring many challenges for global industrial players. The large-size upper casing weighs 517 tonnes at ground level, which is a challenge to the rig’s lifting and casing capabilities. The ultra-high temperature in the deep earth also has high requirements for the drilling fluid’s stability and anti-pollution capability, and coring at such depths is difficult and time-consuming. To combat these challenges, Sinopec has developed five key technologies for ultra-deep drilling to support the oil and gas exploration in deep and ultra-deep carbonate reservoirs.

Sinopec has continually advanced deep hydrocarbon exploration in the Sichuan Basin, mainly including conventional gas in deep marine carbonate rocks and deep shale gas. It has discovered the Puguang, Yuanba and Chuanxi gas fields, and to date, Sinopec’s annual conventional gas production capacity from deep marine carbonate reservoirs has exceeded 12 billion cubic meters.

For more information, please visit Sinopec.

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UnionPay International’s continuous expansion of its global network sees over 200 million cards issued outside the Chinese Mainland

10 Years of Providing Innovative Global Payment Services

SHANGHAI, Dec. 30, 2022 /PRNewswire/ — With the issuance of UnionPay cards exceeding 200 million outside the Chinese Mainland, UnionPay International (UPI) is stepping into a new decade of providing high quality, cost effective and secure cross-border payment services to the world’s largest cardholder base. UPI’s partners have expanded from 60 initial members since establishment in 2012 to 2,500 institutions internationally with an acceptance network that currently spans 181 countries and regions, 78 of which now issue UnionPay cards, ensuring convenient local services to an ever-growing number of global UnionPay cardholders and merchants.

UnionPay International vastly improves the cross-border payment experience for local cardholders

Over the past decade, UPI has ceaselessly developed cutting-edge payment technology to share a brand-new cross-border payment experience with UnionPay cardholders in every corner of the globe. Presently, outside the Chinese Mainland, 38 million global merchants accept UnionPay cards, a four-fold increase since 2012, with four million new merchants added in 2022 alone. UnionPay card acceptance rates in APAC, Europe and North America have reached 95%, 80% and 80% respectively, while 22 million online merchants in 200 countries and regions now use UnionPay for payments.

During these ten years, the digital transformation of the global payments industry has developed rapidly, and UPI has accelerated product iterations and service upgrades to meet the ever-changing payment habits of international customers. Collaborating closely with central banks, national switch networks, and payment alliances, UPI has shared its innovative financial infrastructure and technical standards in countries such as Thailand, Philippines and has become the unified cross-border chip card standard of Asian Payment Network.

UPI’s global expansion reflects its impressive technological and digital innovation

In recent years, the unified UnionPay App was launched for the banking industry that supports UnionPay contactless, QR code and In-APP payments, largely enhancing mobile payment experiences for cardholders. Including the UnionPay App, more than 170 UnionPay standard e-wallets have been launched outside the Chinese mainland, and over 16 million international merchants can experience the convenience brought by QR code payments or the “swipe” QuickPass.

In 2018, the Hong Kong and Macau SAR version of UnionPay App was launched and in four years, has become one of the most popular mobile payment products for residents. Access to UnionPay mobile payment services includes Singapore’s PayLah!, Malaysia’s Boost, Thailand’s K Plus, as well as multiple other leading products. Behind these achievements lie of UPI’s technical service platforms, including developer, cloud card issuance, and scenario service platforms, which reduce technical difficulties and costs for partners to access UnionPay mobile services, supporting more financial institutions. Telecommunications, retail, and other enterprises have also joined the UnionPay mobile payment ecosystem to enhance the mobile payment experience of international cardholders.

UnionPay’s global reach continues apace and will expand further in the coming decade

Expanding its global reach, ongoing innovation, and ease-of-use for cardholders the world over, the first issuance of UnionPay cards in Zambia launched earlier this year where they are fast becoming a new payment preference. More than 20 million UnionPay cards have been issued internationally since the beginning of this year, with transaction rates exceeding pre-pandemic levels. In APAC, one-in-four newly issued bank cards is from UnionPay which now accounts for 95% of debit cards in Hong Kong and Macau SAR. The Nilson Report ranked UnionPay’s transaction volume first among major international card issuers in APAC for 2021.