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INVESTOR ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against AstraZeneca PLC and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

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Global In-vehicle Air Purifier Market Report 2021-2026: Standardization in Sedans and SUVs is Expected to Increase OEMs’ Market Share

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DUBLIN, April 19, 2021 /PRNewswire/ — The “In-vehicle Air Purifier – Global Outlook and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global in-vehicle air purifier market by revenue is expected to grow at a CAGR of approx. 11% during 2020-2026.

The global automotive air filter market is observing a shift from conventional purifiers to smart technology. The inclusion of prominent technologies – HEPA, active carbon systems, and photocatalytic is likely to increase vendors’ growth opportunities. Vendors are expected to incorporate features such as Bluetooth speaker, USB, lights, air conditioner to cool, fan to circulate air, dehumidifier to remove moisture to increase penetration. Hence, multifunctional in-vehicle air purifiers are expected to increase the market demand during the forecast period.

Further, the increased awareness of air filters among consumers has driven innovations in the industry. An increasing trend of multifunctional compact and simple designs of these devices is driving market adoption. Major vendors are investing in R&D activities to manufacture augmented products for the future. Innovations and feature-enrichment in-car air purifiers have evolved as a trend among the key players.

Global In-Vehicle Air Purifier Market Segmentation

The market is expected to be strong in the next six years. Also, vehicle production in this region is the highest globally, and it is estimated that the region would show promising growth. Moreover, countries such as Malaysia and Indonesia are taking initiatives to increase awareness of these technologies.

Although the hybrid in-vehicle air purifier market is currently at the introductory phase, the increased knowledge of these products is expected to increase during the forecast period. The increasing collaboration between manufacturers is likely to contribute to the global in-vehicle air purifier market growth.

Standardization of air purifiers in sedans and SUVs is expected to increase OEMs’ market share during the forecast period. High-end manufacturers in the US have started including built-in air filters and fragrance disseminators in their vehicles. Hence, the increase in air pollution and product standardization is expected to drive automobile manufacturers to provide in-built air purifiers as a standard accessory, thereby providing growth opportunities for OEMs.

A high percentage of passenger vehicles are equipped with in-vehicle air purifiers, which are likely to increase the market share. Several automobile manufacturers in China have shown interest in automotive air purifiers (AAP). Moreover, automotive air purifiers are becoming handy solutions against allergies and ensure sanitization. They are exported to the Americas and Europe. However, India is emerging as the most lucrative market for these products as the country is witnessing deterioration in air quality levels. The commercial in-vehicle air purifier market is expected to grow as several heavy vehicle manufacturers are expected to invest in this technology.

The demand for HEPA filters increases as they effectively remove small particles and pollutants; however, they require high maintenance. APAC accounts for maximum demand for HEPA filters on account of high air pollution levels in several countries. Strict government regulations to improve air quality and the increasing consumer spending are expected to drive the demand. The HEPA purifier market is fragmented due to several small and national vendors and is expected to be highly competitive with increased investments.

With the increase in e-commerce worldwide, manufacturers have shifted to online sale platforms. The online in-vehicle air purifier market is currently observing growth. However, the offline segment is expected to flourish during the forecast period as the B2C segment will gradually shift toward B2B with vendors’ partnerships with automotive manufacturers. In 2020, the online segment observed growth, particularly due to the COVID-19 virus. Moreover, online platforms are growing as they offer discounts and free-of-cost aftermarket service.

INSIGHTS BY VENDORS

The global in-vehicle air purifier market is in the growth stage, and it has achieved popularity and penetration in several countries such as China and the US. The market consists of several players, making it highly fragmented. Philips Ltd., 3M, and Honeywell are the major vendors capturing the largest market share. In APAC, Europe, and North America, major players account for more than 80% of the overall share. There are immense opportunities for vendors to expand their business in high pollution regions and densely populated areas. Since the entry barriers are low, the in-vehicle air purifier market is flexible. This increases the focus of mergers or acquisitions and is also expected to enable manufacturers to intensify product innovation and improve the customer experience.

Market Dynamics

Market Opportunities & Trends

  • Increasing Technological Advancements
  • Increasing Use Of Multi-Functional In-Vehicle Air Purifiers

Market Growth Enablers

  • Growing Urbanization
  • Increasing Health Problems Due To Air Pollution
  • Growth In Automotive Sector

Market Restraints

  • In-Built Filters In Air Conditioning Systems
  • Emission Of Pollutants From Smart Air Purifiers

Prominent Vendors

  • Philips Ltd.
  • 3M
  • Honeywell

Other Prominent Vendors

  • Sharp
  • Blueair
  • Blaupunkt
  • Amway
  • Airlabs
  • Boneco
  • Coway
  • Eureka Forbes
  • IQAir
  • GreenTech Environmental
  • Pure Enrichment
  • Ansio
  • Kent RO
  • Livpure
  • Nebelr
  • Olansi Healthcare
  • Purafil
  • Purita
  • Vantro
  • Xiaomi

For more information about this report visit https://www.researchandmarkets.com/r/yxhwo8

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]   

For E.S.T Office Hours Call +1-917-300-0470
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SOURCE Research and Markets

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Hello Pal Signs Definitive Purchase Agreement to Acquire Interest in Dogecoin/Litecoin Mining Assets

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VANCOUVER, BC, April 19, 2021 /PRNewswire/ — Hello Pal International Inc. (“Hello Pal” or the “Company”) (CSE: HP) (Frankfurt: 27H) (OTC: HLLPF), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce that it has entered into a definitive purchase agreement (the “Agreement”) with a company controlled by Shanghai Yitang Data Technology Co. Ltd. (“Yitang”) to acquire an initial 51% interest in 12,500 mining rigs dedicated to mining Dogecoin (DOGE) and Litecoin (LTC) (the “Mining Assets”), with an option to increase such interest to 100% (the “Transaction”). The Mining Assets provide a combined hash rate of 6.25 TH/s, which amounts to 2.1% of the entire current LTC network hash rate.

The transaction previously announced by the Company on March 8, 2021 has been amended such that the Company will no longer acquire an interest in a single cryptocurrency mining facility, but rather has entered into a guaranteed services agreement (the “Guaranteed Services Agreement”) with Yitang to ensure that its Mining Assets are hosted across multiple locations so as to ensure diversification of risk against potential future local governmental regulations that may adversely affect cryptocurrency mining, as well as to take advantage of variations in electricity costs in different geographical areas according to seasonal weather patterns. Pursuant to the Guaranteed Services Agreement, Yitang will guarantee the hosting of the Mining Assets as well as power supply and will provide management and hosting services.

The consideration for the Transaction is C$1,500,000 payable in cash and 1,800,000 units of the Company (the “Consideration Units”) valued at C$2,250,000. Each Consideration Unit will have a deemed value of C$1.25 and consist of one common share of the Company (each, a “Common Share”) and one-half of one common share purchase warrant of the Company (each whole common share purchase warrant, a “Consideration Warrant”). Each Consideration Warrant will entitle the holder thereof to acquire one Common Share at an exercise price of C$2.00 for a period of two years from the date of issue.

For a period of two years following the completion of the Transaction, the Company will have the option to acquire a further 49% interest in the Mining Assets (for a total interest of 100%) for an additional payment, as to half in cash and half in Common Shares (the number of Common Shares to be determined in the context of the market), where the valuation of the Mining Assets is dependent on their net profit over a 12-month period immediately preceding the date on which this option is exercised, multiplied by a formulated multiplier.

“With the signing of the definitive agreement with Yitang, we have taken the next step towards having cryptocurrency as an integral part of Hello Pal,” said KL Wong, Founder and Chairman of the Company.

Completion of the Transaction is expected to occur before the end of April 2021 and is subject to certain conditions, including but not limited to: (a) completion of a due diligence report by a “Big Four” accounting firm on the Mining Assets in a form satisfactory to the Company; (b) the receipt of all necessary approvals from the Company’s board of directors; (c) the receipt of all required consents and approvals, including without limitation, approval by the Canadian Securities Exchange; and (d) satisfaction of the escrow release conditions in connection with the previously announced private placement of subscription receipts.

“We are also ecstatic that our choice of cryptocurrencies to mine seems to have been validated especially by the recent incredible surge in market interest and activity of Dogecoin. As far as we are aware, upon completion of this transaction, we shall be the only publicly listed company with primary exposure to Dogecoin,” added Mr. Wong.

The previously announced ‘commercially reasonably efforts’ private placement of subscription receipts led by Canaccord Genuity Corp. is now expected to close on or around April 22, 2021 or such other date as Canaccord and the Company may agree. See news release dated March 8, 2021 for further details regarding the private placement.

About Yitang

Yitang, a leading provider of digital wallet services with over US$70 million in crypto-assets under management, is also helping the Company to revamp and reintroduce its digital wallet as well as its own digital token called “Palto”. Upon completion of the revamp, the Company’s current virtual tokens used on its livestreaming platform is expected to be fully enhanced and backed by blockchain technology, with Palto and popular cryptocurrency such as Bitcoin, Ethereum, Litecoin and Dogecoin accepted throughout the platform. First launched in 2018 (see news release of the Company dated October 9th, 2018), Palto (PLT) is a utility token that will be used across the entire Hello Pal suite of apps in order to allow for the borderless transfer of value between Hello Pal users across the world.

To download Hello Pal please visit the IOS or Android store. For information with respect to the Company or the contents of this news release, please contact the Company at (604) 683-0911 or visit the website at hellopal.com. Email inquiries can be directed to: [email protected].

About the Hello Pal Platform

The Hello Pal Platform is a proprietary suite of mobile applications built on a user-friendly messaging interface that focus on social interaction, language learning and travel. Hello Pal, has been designed from the ground up to be easy to use and enables users’ the freedom to speak in their own language regardless of the other person’s language they are speaking to. Hello Pal’s overriding mission is to bring the world closer together through social interaction, language learning and travel. By creating a platform where it is easy to instantly interact with others around the world and giving them the tools to communicate with each other in a joyful and fun way, we hope to do our part (however small) in fostering understanding and tolerance between all citizens of the world.

Information set forth in this news release contains forward-looking statements, including expectations regarding completion of the Transaction and the private placement, including the anticipated closing date of the Transaction and the private placement. These statements reflect management’s current estimates, beliefs, intentions, and expectations; they are not guarantees of future performance. Hello Pal cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Hello Pal’s control. Such risks and uncertainties are described in Hello Pal’s annual and interim financial statements available on www.sedar.com. Although Hello Pal is currently generating revenues, Hello Pal remains in the growth stage and such revenues are yet to be profitable. Accordingly, actual, and future events, conditions and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Hello Pal undertakes no obligation to publicly update or revise forward-looking information.

THE CSE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

Hello Pal International
www.hellopal.com
p 604-683-0911

SOURCE Hello Pal International Inc.

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$65 million loan to Ukraine’s Datagroup to spur growth

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KYIV, Ukraine, April 19, 2021 /PRNewswire/ — Datagroup, a leading national fibre infrastructure and digital services provider in Ukraine, is purchasing Volia, the country’s leading pay-TV and cable broadband service provider in the retail segment, with the financial backing of the European Bank for Reconstruction and Development (EBRD).

The EBRD is providing a local currency loan equivalent to $65 million to Datagroup, which is majority owned by a fund managed by Horizon Capital. This will primarily finance the acquisition of Volia to help build a stronger, more competitive telecommunications operator with improved quality of service and an expanded product range.

Matteo Patrone, EBRD Managing Director, Eastern Europe and the Caucasus, said: “At the EBRD we believe in the power of technology to bring about change for the better. Ukraine’s increasing digitalisation requires large-scale investments to expand coverage, accelerate speed and improve quality. Soon Ukrainian consumers will reap the benefits of Datagroup and Volia joining forces. The merged entity will invest in better infrastructure, innovation and excellent customer service, making it easier for all to connect with each other.”

Lenna Koszarny, Horizon Capital’s Founding Partner and Chief Executive Officer, added “We are delighted that the EBRD is backing our vision of bringing Datagroup and Volia together. This merger will create a platform of sufficient scale to attract substantial capital investments to modernise Ukraine’s last-mile and national fibre infrastructure. The EBRD is a valued partner of Horizon Capital and its portfolio companies, providing expansion loans to increase production capacity, acquisition financing to grow businesses and fund commitments to attract private capital to the region. The success of Datagroup and Volia will serve to promote Ukraine’s investment attractiveness and ultimately bring more foreign direct investment to the country.”

Mikhail Shelemba, Datagroup Chief Executive Officer and shareholder, stated: “We are delighted to announce our cooperation with the EBRD resulting in the provision of $65million in financing. These funds will be invested in the business to support growth and development – the acquisition of Volia as well as full-scale network modernisation. This financing supports our development plans, ensuring our network is the most modern in the Ukrainian telecommunications market, bringing quality of services to a whole new level and ensuring we surpass customer expectations as their reliable partner. We believe this is just the beginning of a long-term collaboration with the EBRD and look forward to many opportunities and large-scale projects ahead.”

SOURCE Datagroup

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CGTN: Za górami: życie w Sinciangu

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Po dekadach rozwoju i interakcji ludność po obydwu stronach gór miała okazję wzajemnie się poznać. Góry są fizyczną granicą, której nie da się przekroczyć, jednak „uprzedzenia po części wynikają z barier powstających w naszych umysłach, które są niczym góry uniemożliwiające nam dostrzeżenie prawdy” – twierdzi Han Bin, reżyser filmu dokumentalnego „Za górami: życie w Sinciangu (Beyond the Mountains: Life in Xinjiang)”.

Ataki terrorystyczne nękające region od prawie trzech dekad wywołały szok i panikę u ludności miejscowej i spoza regionu. Wiele osób z innych prowincji i regionów Chin bezwiednie postrzegało Ujgurów w krzywym zwierciadle – zaznaczył Chen Ruijun, członek kierownictwa firmy budowlanej, który wspierał rozwój Sinciangu w 2008 i 2009 r., kiedy region opanowały ekstremistyczne zamieszki. Strach i uprzedzenia stopniowo osłabły dzięki większej wiedzy i szybszemu rozwojowi.

W ostatnich latach duża część doniesień medialnych z Zachodu dotyczących Chin miała negatywny wydźwięk z powodu braku informacji oraz braku zaufania. Region Sinciang, w którym zamieszkuje ponad 12 milionów Ujgurów, w większym stopniu doświadczył stygmatyzacji i wypaczeń. Zagraniczne doniesienia na temat regionu Sinciang koncentrowały się głównie na oskarżeniach o tak zwane „naruszenia praw człowieka przez rząd chiński”.

Sinciang zalała niekończąca się fala szokujących i sensacyjnych nagłówków o „obozach” i „przymusowej pracy” m.in. w przemyśle tekstylnym, produkcji pomidorów, a nawet w sektorze fotowoltaicznym. Taka przepojona uprzedzeniami retoryka w umysłach wielu ludzi urasta do ogromnych rozmiarów, stając się tym, czym góra nie do przebycia.

„Za górami: życie w Sinciangu” to 80-minutowy dokument, który stanowi zbiór indywidualnych historii, razem tworzących kronikę procesu zmian w regionie. Jest to również materiał o przełamywaniu stereotypów i wyjaśnianiu błędnych przekonań mieszkańców regionu i innych osób.

Film przedstawia wspaniały krajobraz tej rozległej krainy oraz współczesne życie codzienne jej mieszkańców z różnych grup etnicznych. Film składa się z czterech części: „Zmieniające się czasy (Changing times)”, „Podążając za pieniędzmi (Following the money)”, „Nowe pokolenia (New generations)” oraz „Człowiek i przyroda (Man and nature)”, które prezentują różne oblicza dzisiejszego Sinciangu i jego mieszkańców.

Sabyt Abukhadir mieszka w północnej części okręgu Zhaosu w regionie Sinciang, gdzie pokolenia mieszkańców utrzymują się dzięki bujnym, pofałdowanym łąkom wyżynnym. Jego wnuk Erjanat Nurkidir studiuje taniec na Uniwersytecie Ili Normal. Sabyt i jego wnuk pokłócili się, ponieważ Sabyt uważał, że taniec jest zajęciem wyłącznie dla dziewcząt. Sprzeczka jednak nie potrwała długo – do czasu, gdy Sabyt zobaczył Erjanata na scenie. „Mój wnuk był tak dobry, że się popłakałem” – powiedział.

W południowym Sinciangu taka zmiana mentalności jest dużo trudniejsza. Wiele kobiet w czterech prefekturach południowego Sinciangu nigdy nie było poza domem. Według tradycyjnych miejscowych przekonań kobiety, które chodzą do pracy, nie znajdą męża.

Jednak Zileyhan Eysa, rolniczka z okręgu Kuqa w Prefekturze Aksu, zdecydowała się opuścić północ regionu, aby pracować w fabryce tkanin w nadziei na zdobycie pieniędzy na leczenie poważnie chorej matki. „Gdybym tu nie przyjechała, mama już by nie żyła” – powiedziała.

Oprócz historii, które obrazują zmiany w Sinciangu dziejące się za sprawą młodych ludzi z wielką pasją działających na rzecz zmiany myślenia, dokument opowiada również o tych, którzy starają się chronić swoją ukochaną ziemię. Yang Zongzong ma dość szczególne hobby – odnajdywanie i katalogowanie każdego gatunku roślin. „Dla mnie jest to dostrzeżenie piękna w najzwyklejszych rzeczach” – powiedział Dotychczas zgromadził 10000-20000 gatunków oraz zbadał ich morfologię, genetykę i oznaczenie środowiskowe. Największy wpływ na wzrost roślin ma środowisko, więc wszelkie zmiany klimatyczne odnotowane podczas ich wzrostu oznaczają zmiany w klimacie i warunkach naturalnych.

Te historie poświęcenia i zrywania z tradycją nie oznaczają braku poszanowania dla przeszłości, ale są wyrazem oczekiwania bardziej postępowej przyszłości.

Link: https://news.cgtn.com/news/2021-04-16/Beyond-the-Mountains-Life-in-Xinjiang–Zui80BwyOc/index.html

Wideo – https://www.youtube.com/watch?v=oWyT3CLu3do

Zdjęcie – https://mma.prnewswire.com/media/1489929/CGTN_Beyond_the_Mountains_Life_in_Xinjiang.jpg

SOURCE CGTN

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