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ACN Newswire

TIME Interconnect’s Major Shareholder Increased the Shareholding

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HONG KONG, Sept 14, 2021 – (ACN Newswire) – TIME Interconnect Technology Limited (the “Company “, Stock Code: 1729, with its subsidiaries collectively referred to as the “Group”) is pleased to announce details of the increase in the shareholding in the Company by controlling shareholder, Mr. Lo Chung Wai Paul, a non-executive director of the Company and the Chairman of the board of directors of the Company.

On 10 September 2021, Mr. Paul Lo acquired the entire issued share capital of Datatech Investment Inc. (a substantial shareholder holding 204,930,000 shares (the “Shares”) of the Company) through Lacosta Harness Limited ( a company direct wholly and beneficially owned by Mr.Paul Lo) from Mr. Kwong Ping Man at a total cash consideration of HK$109,637,550.00 (the “Acquisition”). Immediately after the Acquisition, Mr. Paul Lo is deemed to increase his interest from 1,175,070,000 Shares to 1,380,000,000 Shares, which represents an increase from approximately 63.85% to approximately 74.98% of the total issued shares of the Company as of today. The increase in the shareholding recognises his confidence in the prospects and intrinsic value of the Company as well as his long-term commitment towards the Company.

Meanwhile, the Group has regularly reviewed its own business and strived to seize any business opportunities and made regular strategic deployments to expand its business in order to cope with the impact of global economic changes, pandemic and potential trade wars.

On August 31, 2021, Time Interconnect Investment Limited, a direct wholly-owned subsidiary of the Company, completed the acquisition of GPIM Group Marketing Limited and its subsidiary. (“GPIM Group”). The acquisition provides the Group with an attractive opportunity to expand and diversify the Group’s business and investment portfolio, and enhance its income sources and long-term development potential. Taking into account the vigorous development of the automotive and electric vehicle markets, the acquisition has helped the Group to enter new business areas. In the past few years, China has remained the world’s largest auto market and auto producer. As the Chinese government has launched certain industry plans that focus on technological improvements, fossil fuels are expected to be exhausted soon in the future. Large Chinese companies have announced their initiatives to develop electric vehicles and/or autonomous driving technologies. In October 2020, the State Council set a goal and stated that by 2025, the sales of new energy vehicles in China will reach 20% of the total sales of new vehicles. In view of this, the management noted that one of the major customers of the Group cooperated with automobile manufacturers to launch the first electric vehicle model named after the customer’s brand. The Group believes that the automotive wiring products can help the Group to provide this major customer with a broader product portfolio, and to step in new business sectors by enriching the Group’s business portfolio and broadening its unique customer base, which can capture opportunities brought by the booming electric vehicle market.

The Group also acquired Linkz Cables Limited. on June 30, 2020, which has created synergy by integrating the R&D resources of the Group and GPIM Group by utilizing rich knowledge and existing production facilities to deliver reliable and high-quality products to its customers. Since the autonomous driving technology of smart cars usually requires reliable and high-speed data transmission, the Group can produce new smart car products that can meet the highest standards and specifications with the technical support of Linkz Cables Limited. In addition, GPIM Group production facilities are close to the Group’s existing production facilities in Huizhou. As a result, the efficiency of GPIM Group ‘s management operations can be optimized through the local management of the Group.

Mr. Paul Lo, Chairman of the Company said,” The Group’s business has been continuously growing through a series of strategic acquisitions and deployments. We are very confident in the prospect of the Group. Shares have been trading at a level which significantly undervalues the Company’s performance and underlying value. This increase in holdings of the Group’s shares shows my long-term commitment to the company. I am full of confidence in the company’s prospects and intrinsic value. Looking ahead, the Group will continue to take proactive measures to expand its business and bring greater returns to shareholders and investors. We strongly believe that the performance will be reflected in the stock price in long run.”

About TIME Interconnect Technology Limited
TIME Interconnect Technology Limited is a well-established supplier of custom cable assemblies with around 30 years of experience in the cable assembly industry. The Group primarily manufactures and supplies a wide variety of copper and optical fibre cable assemblies which are produced in accordance with the specifications and designs of individual customer. The products of the Group are used by a number of established PRC and international customers in a variety of market sectors including 5G telecommunications, data centre, industrial and medical equipment.


Topic: Press release summary
Source: TIME Interconnect Technology Limited

Sectors: Telecoms, 5G, Electronics, Automotive
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ACN Newswire

Loh Boon Chye, CEO, Singapore Exchange (SGX): Strengthen market connectivity; support China’s internationalisation

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SINGAPORE / WUHAN, CHINA, Oct 18, 2021 – (ACN Newswire) – To achieve its Five-Year Plan, including its ‘dual circulation’ and ‘new development’ strategies, China has continued to promote innovation, digital trade, and sustainable development, making a significant difference in the global landscape. On 13 October, Loh Boon Chye, Vice Chairman of the World Federation of Exchanges (WEF) and CEO of the Singapore Exchange (SGX), delivered a video address at the “Digital Trade and Technology” thematic event during the 2021 Global Digital Trade Conference and the Wuhan (Hankoubei) Commodities Fair.

Loh Boon Chye, Vice Chairman of WEF and CEO of SGX delivering his speech at the 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities Fair thematic event “Digital Trade and Technology”

As an international multi-asset exchange, SGX is a strong supporter of China’s internationalisation efforts across equities, fixed income, currencies, and commodities, and ultimately its economic growth, as capital flows and trade flows are inseparably linked. Loh says that the defining trends of our time, whether in digitalisation or sustainability, are borderless, and collaboration is essential to harness their fullest benefits.

At the same time, SGX continues to look for ways to strengthen market connectivity between Singapore and China, and Southeast Asia. SGX’s Loh feels that Southeast Asia is fast leapfrogging in digitalisation, as reflected in an increasing number of technology unicorns. Technology is another means to enhance greater connectivity across borders and across multiple asset classes. “Digitalisation has the potential to transform the efficiency of capital markets and advance Asia’s capital markets infrastructure,” says Loh.

Loh Boon Chye said that Singapore has recently announced a range of initiatives to serve as Asia’s leading enterprise financing hub, including establishing an investment fund, a Growth IPO Fund, and enhancing its Grant for Equity Market Singapore (GEMS) scheme. “We are continuing to build a more conducive ecosystem that enables growth capital for companies across their different stages of development, supporting Chinese enterprises as they expand globally.”

With the unique position at the centre of the market ecosystem, Exchanges play an important role in their countries’ economic development and sustainable society. In closing, Loh reiterated SGX’s commitment to support China in its internationalisation journey and look forward to greater collaboration opportunities and mutual success.

The 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities Fair in Wuhan, Hubei Province, China runs through October 26, 2021. The event has attracted representatives from 100+ countries as well as over 10,000 merchants. At the opening, 15 well-known enterprises and institutions from across the country signed a proposal to support the construction of a national trade logistics center in Wuhan. (en.hubei.gov.cn)

Contact: ZALL Smart Commerce Group, http://en.zallcn.com, e: [email protected]


Topic: Press release summary
Source: ZALL Smart Commerce Group Ltd

Sectors: Transport & Logistics, Daily Finance, Daily News, Digitalization, ASEAN, Local Biz
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ACN Newswire

UpBots Launches Version 2.0 of its Crypto Trading Platform

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NEW YORK, Oct 16, 2021 – (ACN Newswire) – UpBots has launched Version 2.0 of its crypto trading platform, and will be giving away 50,000 UBXT and an exclusive one of a kind NFT to celebrate the launch of its Version 2.0 platform interface, where users can use free accounts to trade manually or with trading bots in a lightning fast, non-custodial, safe, and user friendly environment for retail investors.

UpBots, an FTX backed project, will launch Version 2 of their commercial platform to the public in the coming days during two weeks of celebrations, contests, airdrops and giveaways.

UpBots is the first trading platform to bring institutional-grade automated trading bots, social copy trading, and other advanced trading tools, built on the blockchain, to the retail investor.

With more than 10,000 accounts on the beta platform prior to launch and an FTX IEO that was over-sold in just 90 seconds, the market is responding.

In addition to providing cutting edge trading and investment tools UpBots leverages the blockchain to create an ecosystem where success is incentivized at every level throughout the platform to all stakeholders.

The ethos of “everyone wins or nobody does” is not simply a catchphrase but rather something that is hardcoded into the software of the UpBots platform. When trading bots close a trade in profit, the user pays a commission in UBXT, the native utility token, to the algorithm developer and to UpBots, as well as to the staking pool and the token burn program.

This means unless users close does not trade in profit, neither the algorithm developer of the trading bot, nor UpBots make any income. Instead the user gets a virtual credit for the amount of UBXT they should have had to pay had the trade closed in profit.

So when a trading bot closes in loss, both UpBots and the Algorithm Developer, miss out on a performance fees for that lost trade but also the for next one that closes in profit as the virtual credit from the users account is applied to pay future performance fees.

This is the revolutionary, completely fair, blockchain-based Performance Fees system UpBots has built so that quite literally everyone wins or nobody does.

Accounts are completely free because the well-established team of crypto evangelists behind UpBots want to help crypto adoption and recognize there still exists a large barrier to entry for most.

Trading is hard, so it is the goal of the team to combine a user-friendly interface with zero knowledge tools so that anyone can take their first step into crypto in a more safe way, with well-managed risk in an environment where everyone is financially incentivized to see them profit.

To celebrate this major product release UpBots is running a giveaway draw where one person will win 50,000 UBXT and another will win an exclusive NFT.

The only requirement to enter is to sign up for an UpBots account and connect at least one exchange account. UpBots is non-custodial so this connection to centralized exchanges is via API which is highly secure and does not permit the withdrawal of user funds.

Inside UpBots users will find a brand new, more beautiful, and lightning fast interface, designed by a former lead designer of Paypal, completely built from the ground up, and incorporating hundreds of community improvement suggestions.

Users can trade manually or algorithmically from UpBots on Binance, FTX, OKEx, Kucoin, Huobi and Bitmex with all other reputable exchanges being added in due course.

Media Contact
Company: UpBots GmbH
Contact: Neil Sisson
Twitter: @neilsisson | @upbotscom
Email: [email protected]
Website: https://upbots.com

SOURCE: UpBots GmbH


Topic: Press release summary
Source: UpBots GmbH


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Driving the Digital Economy – 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities Fair presented ‘Digital Trade and Technology’ thematic in Wuhan, Hubei

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SINGAPORE, Oct 15, 2021 – (ACN Newswire) – The 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities Fair held the “Digital Trade and Technology” thematic event in Wuhan, Hubei. More than 300 distinguished guests, including leading experts and scholars in digital trade and economy, entrepreneurs, and industry leaders attended the conference. They shared new insights into digital trade and technology under China’s new “dual circulation” development strategy and the future development of the global digital economy.

The Main Conference Hall, 2021 Global Digital Trade Conference and Wuhan (Hankoubei) Commodities Fair, for the thematic keynote “Digital Trade and Technology” in Wuhan, Heibei Provence, on October 13. Both continue on-/off-line through October 26.
Jiang Wei, Standing Committee-member Wuhan Municipal Party Committee and Vice-Mayor of Wuhan encouraging conference attendees to take advantage of digital trade development opportunities in Wuhan for new businesses and tech innovations.
Organizer/host Qi Zhiping, CEO, ZALL Smart Commerce Group, joins entrepreneurs Qian Xiaojun, CEO, Beijing United Information Technology; Mu Xiaohai, Vice President, JD Cloud Business Group; Sun Wei, CEO, Shenzhen Sinoagri; and Huang Jianwen, Chairman, pao400, for panel “Industrial Development in the Digital Economy Era”. [All images: ZALL Smartcom]

Ongoing industrial transformation, powered by informatization, digitization and intelligent connectivity, brings about digital trade, with a significant impact on the trading sector, fostering new business models and trading patterns among counterparties. This reshapes the global industrial chain, supply chain, value chain and innovation chain, becoming a revolutionary driving force for economic globalization. As a key highlight of the Global Digital Trade Conference, “Digital Trade and Technology” aims to become a leading platform, facilitating discussion, exchange and conversation around global digital trade.

Jiang Wei, Standing Committee member of the Wuhan Municipal Party Committee and Vice Mayor of Wuhan, delivered an address that shed light on Wuhan’s geographic location and transportation advantages, vibrant commercial hub, and quality modern logistics infrastructure laying the foundation to advance the development of Wuhan’s digital trade and economy. The largest city in Central China has introduced a series of policies to promote the development of the digital economy and has achieved much success. Jiang Wei welcomed attendees to take advantage of the digital trade development opportunities and invest in Wuhan with their new businesses and technological innovations.

Internationally renowned experts, including Dr Finn E. Kydland, Norwegian economist and winner of the 2004 Nobel Prize in Economics; Yoshinori Ogawa, Executive Director of Marubeni Corporation and Managing Director for Marubeni China; Wu Ying, Chairman of the Digital China Federation; Liang Rubo, CEO of Bytedance; Jiang Guofei, Vice President of Ant Group; Loh Boon Chye, Vice Chairman of the World Federation of Exchanges (WFE) and the CEO of SGX; and Tian Ning, Chairman of the Board, Panshi Group delivered addresses which shared new insights on development trends in the global digital economy, the integration of digital trade and technology, and industrial supply chain innovation and transformation.

Organizer & host Qi Zhiping, CEO, ZALL Smart Commerce Group, joined entrepreneurs Qian Xiaojun, CEO of Beijing United Information Technology; Mu Xiaohai, Vice President of JD Cloud Business Group; Sun Wei, CEO of Shenzhen Sinoagri; and Huang Jianwen, Chairman of pao400, for in-depth panel discussions around the development path and transformation of traditional industries in the digital economy era.

iResearch Consulting, China’s leading data research organization, introduced a white paper on Global Digital Trade. Li Chao, a Chief Analyst at iResearch and Executive Dean of iResearch Institute, presented the findings. The white paper highlights current developments in digital trade; existing digital infrastructure, policies, technologies and capital. It also analyzes how digital trade has redefined traditional trade across production, transaction and supply chain.

The whitepaper looks at five major industries: agriculture, steel, plastics, wholesale and cross-border trade, along with the business models of renowned Chinese and global digital trading companies. It analyzes the profound changes digital technologies and supply chain services bring to the global trade industry, highlighting the growth momentum of digital trading companies and their financial market prospects. The paper suggests that with continued industry upgrading and business segmentation, there will be opportunities for digital trade services and ecosystem-based platforms to create new industrial supply-demand relationships and ecological synergies.

Themed “Intelligent Connectivity . Global Trading”, the 2021 Global Digital Trade Conference is organised by the Hubei Provincial People’s Government; supported by the All-China Federation of Industry and Commerce; co-organised by the Wuhan Municipal People’s Government and the Department of Commerce of Hubei Province; and executed by the Wuhan Huangpi District Government, Wuhan Municipal Bureau of Commerce, ZALL Smart Commerce Group and Hankoubei Group. The Wuhan (Hankoubei) Commodities Fair is organized concurrently and features hundreds of procurement networks and thousands of live-stream activities, pushing global industrial and supply chains towards digitalization and intelligent connectivity, and promoting high-quality development of economic activities and global trade.


Topic: Press release summary
Source: Zall Smart Commerce Group Ltd

Sectors: Transport & Logistics, Retail & eCommerce, Daily News, Blockchain, PE, VC & Alternatives, Digitalization, ASEAN, Local Biz


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StrongNode Partners with Blockpass for KYC Provision

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HONG KONG, Oct 15, 2021 – (ACN Newswire) – Blockpass and StrongNode are proud to reveal a collaboration that will see StrongNode employ Blockpass’ KYC services to ensure customer compliance.

StrongNode has positioned itself to be the next generation of edge computing by leveraging blockchain to create a global Infrastructure-as-a-Service (IaaS) distributed Edge Network. The StrongNode mission is to leverage people’s personal devices directly or through their incubated gaming, entertainment, lifestyle, and social impact platforms, and reward users for powering and scaling up real-world industries in a cheaper, faster, and more secure way. To be green and reduce e-waste, especially with chip shortages, StrongNode uses your devices to their fullest extent – phones, tablets, computers, and other devices can provide compute resources instead of filling up landfills. StrongNode IDO is coming up in a little less than two weeks and they are excited to have the BlockPass community and cryptosphere come along on the journey.

Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and onboarding users.

“We’re always excited to partner with people who recognise the importance of regulatory compliance and the cutting-edge compliance solutions Blockpass provides,” said Adam Vaziri, Blockpass CEO. “We were particularly delighted when StrongNode approached us as we saw the huge security, scaling, and efficiency opportunities that the Node Infrastructure-as-a-Service model and StrongNode Edge Technology herald for the ecosystem.”

“Compliance and data privacy are two of the pillars of our technology at StrongNode,” said Daniel Saito, StrongNode CEO and Co-founder. “We have found a strong and reliable partner with Blockpass for our KYC requirements. They have been responsive to our standards and flexible with our needs. As we work to become blockchain-agnostic, launching on Polygon and looking at Ethereum, Solana, Cardano, Binance Smart Chain, and other chains, the partnership with Blockpass proves to be well-aligned with and strategic to our business and growth goals.”

Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be regulatory compliant and the recent integrations have led to a surge in interest for Blockpass’ On-chain KYC(TM) solution which promises to change the way blockchains enable compliance. Its recent integration with TrustSwap expands Blockpass’ services to a whole new raft of businesses and solutions.

About Blockpass

Blockpass, the pioneer of On-chain KYC(TM), is a fast, fully comprehensive KYC & AML screening software-as-a-service for blockchains, Crypto, Defi, and other regulated industries. With Blockpass, you get an unmatched set of benefits for any compliance service that includes pay-as-you-go, no setup cost, no integration necessary, free testing, immediate launch and at the lowest cost. Blockpass’ KYC Connect(TM) platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly. By integrating with Chainlink Network – a decentralized oracle solution – in early January, Blockpass introduced the first On-chain KYC(TM) solution that will service many blockchains in the years to come. The Blockpass App is available from the App Store and Google Play.

For more information and updates, please visit and sign up for the following:
Promotional video: https://youtu.be/SvO2cw3e-SI
Website: http://www.blockpass.org
Email: [email protected]

About StrongNode

StrongNode.io is an Infrastructure-as-a-Service technology company and innovation lab that powers companies globally through its next generation of edge networking by uniquely harvesting a trifecta of idle compute resources and leveraging new blockchain technologies. We are delivering an on-demand, secure, and scalable node technology that will fundamentally reshape the future of how increasingly valuable compute resources are accessed and monetized. We are pioneering a new paradigm in digital connectivity. For more information, visit: https://strongnode.io/


Topic: Press release summary
Source: Blockpass IDN

Sectors: CryptoCurrency, Blockchain


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