JAC Motors Broadens Reach In Africa, Expands Presence to 28 Countries In 2018
HEFEI, China, Feb. 21, 2019 /PR Newswire/ — Anhui Jianghuai Automobile Group Corp., Ltd. (JAC Motors), China’s leading automobile and commercial vehicle manufacturer, has announced the results of its expansion program in Africa in 2018, declaring that it has established a presence in 28 countries across the continent. Spurred on by China’s Belt and Road initiative (BRI), the country’s program to fund and build infrastructure projects around the world along the ancient Silk Road trade routes, JAC Motors has recorded exports of its SUVs, light-duty trucks, medium- & heavy-duty trucks, pickup trucks, vans, sedans, MPV and motor coaches to 28 African countries, including Algeria, Egypt, Nigeria, Kenya, Angola, South Africa, Ghana, Ivory Coast, Congo (Kinshasa), Mozambique, and more.
The gains that JAC Motors has made in the African market can be attributed to its emphasis on product quality and localization, as well as its after sales system. “We are proud of our accomplishments in Africa in 2018. JAC Motors has focused on localization while improving product development and quality,” said the head of overseas development at JAC Motors. “In addition, we have been working with local dealers and distributors to build up our after-sales service capabilities, including a five-year or 150,000-kilometre warranty. We’ve also sent technology specialists to give necessary support and training for the distributors’ after-sales staff. These strategies have helped JAC Motors create a positive association with our brand among African consumers.”
Since its entry into the Algerian market in 2002, JAC Motors has steadily grown its footprint in Africa. Over the following 16 years the company has exported nearly 85,000 units, expanding the scope of its sales during that time from light-duty trucks to include all of its passenger and commercial vehicles. Some of JAC Motor’s most significant achievements include:
- Rapid growth of pickup and light-duty trucks sales in Nigeria, making JAC Motors the second-largest Chinese automaker by export value in the country;
- JAC Motor’s light-duty truck continues to be the best seller in Algeria, Mozambique and Congo (Kinshasa);
- The company has sold 5,000 passenger vehicles in Egypt since 2015, making it the largest Chinese exporter of SUVs in the region;
- In 2018, the company introduced their pickup and light-duty range of trucks in the well-established South African market, marking a significant breakthrough.
Moreover, JAC has completed the first steps in its transition from a simple product exporter to a technology and capital exporter in African continent through the establishment of local plants and joint ventures. The company currently operates local manufacturing and assembling bases in Nigeria, Sudan and Angola. It has also established an East African joint venture with Aviation Industry in Kenya, besides JAC Motors and its partner to build Africa’s largest light truck SKD assembly base in Algeria.
Moving forward, JAC Motors remains committed to the development of the African auto market in and is currently preparing for the opening of its SKD assembly projects in South Africa and Egypt while actively seeking manufacturing, technical development, sales, service and auto finance partners in the region to further the company’s expansion.
About JAC Motors
Anhui
Jianghuai Automobile Group Corp., Ltd. (JAC Motors) is a comprehensive
automotive group covering the research and development, manufacturing,
sales and service of commercial vehicles, passenger vehicles, and power
trains, with the integration of advanced energy-saving vehicles, new
energy vehicles, and smart, connected vehicles. JAC ranked 50th among
the top 100 global automobile brands in 2018, and holds the leading
position among Chinese auto brands. For more information, please visit: http://jacen.jac.com.cn
Photo – https://mma.prnewswire.com/media/824970/JAC_Motors.jpg
Suntech reçoit le label « meilleure marque PV » en Europe décerné par EuPD Research
WUXI, Chine, 13 février 2019 /PRNewswire/ — EuPD Research a récemment annoncé que Suntech avait reçu le prix « meilleure marque PV » en Europe.
La concurrence de l’industrie photovoltaïque en Europe s’est accrue depuis l’expiration du « PMI » dans l’UE. Suntech a reçu le prix « meilleure marque PV », ce qui représente non seulement la reconnaissance des meilleures performances du marché en 2018, mais également la satisfaction ainsi que la fidélité à la marque en Europe.
EuPD Research joue un rôle important dans l’industrie photovoltaïque et la société est connue pour ses connaissances de marché autorisées dans l’industrie des énergies nouvelles. Par conséquent, de nombreuses entreprises de nouvelles énergies considèrent son analyse comme un bon baromètre du développement des affaires. Le lauréat du prix « meilleure marque PV » est choisi en deux étapes : premièrement, un processus d’enquêtes et d’analyse scientifique à plusieurs niveaux est mené entre les principaux installateurs et intermédiaires pour les centrales photovoltaïques ; et deuxièmement, les fabricants ayant une performance exceptionnelle dans plusieurs dimensions, y compris la satisfaction de la marque, la fidélité à la marque, la qualité du produit et la distribution, sont choisis.
Ces dernières années, Suntech a été récompensé par des labels « meilleure marque PV » au Royaume-Uni, en Allemagne et aux Pays-Bas. Au début de 2019, Suntech s’est vu attribuer à nouveau les labels « meilleure marque PV » en Suisse, en Italie, aux Pays-Bas, en France et en Australie. Tous les répondants au sondage sont des installateurs et des distributeurs de marchés matures, ce qui témoigne de la fiabilité des produits de Suntech et de sa solide réputation sur le marché.
En 2018, Suntech a réalisé de bonnes performances sur les marchés mondiaux, notamment en Inde, en Australie et au Mexique. En Europe orientale et en Asie occidentale, Suntech a également travaillé en étroite collaboration avec des partenaires locaux pour mettre en œuvre la stratégie de développement du marché « mondial et local » et a progressivement mis en place des systèmes de distribution locaux et obtenu de bonnes performances. Par rapport à 2017, les livraisons de Suntech à l’étranger en 2018 ont augmenté de 100 %. Sur la base des bonnes performances enregistrées sur les marchés étrangers en 2018, Suntech optimisera encore sa distribution à l’étranger et étendra ses marchés extérieurs en 2019.
Le prix « meilleure marque PV » compte beaucoup pour Suntech. Cela confirme non seulement les efforts continus de Suntech sur les marchés étrangers au cours des 18 dernières années, mais jette également les bases du développement futur de Suntech sur les marchés étrangers.
Xineoh Closes Additional US$500,000 Equity Financing
NOT FOR DISSEMINATION IN THE UNITED STATES OR RELEASE TO U.S. NEWSWIRE SERVICES
VANCOUVER, British Columbia, Feb. 12, 2019 (GLOBE NEWSWIRE) — Xineoh Technologies Inc. (“Xineoh” or the “Company”) is pleased to announce that it has closed an additional non-brokered private placement equity financing for aggregate gross proceeds of US$500,000 (the “Offering”). Together with December 2018 financing, the Company has raised aggregate gross proceeds of US$1.518 million.
Pursuant to the terms of the Offering, the Company has issued 3,333,333 units (each a “Unit”) at a price of US$0.15 per Unit. Each Unit consists of one common share and one half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant is exercisable to acquire one common share for a period of 36 months at an exercise price equal to US$0.30.
Xineoh has developed a platform for predicting consumer behavior with AI which can be implemented by clients, quickly, cheaply and with minimum complexity. Companies can use Xineoh’s platform to out-predict their competition, thereby maximizing business efficiency, margins and customer satisfaction. Specifically, the platform allows for matching people with products, matching inventory with business opportunities, matching prices with spending propensity and matching people with usage patterns. Xineoh has proven that the AI works in several different sectors, and, its test results demonstrate that it is significantly outperforming the competition.
Xineoh’s offering is well received by large multinational companies and has a strong pipeline of future sales. Several customers are in the process of doing a paid proof of concept with Xineoh.
The Company intends to use the net proceeds of the Offering to continue to develop and commercialize its market-leading AI platform. All securities issued in the Offering are subject to a statutory four-month hold period expiring on June 12, 2019.
This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.
About Xineoh Technologies Inc.
Founded in 2014, Xineoh offers a platform for predicting consumer behavior with AI. We pride ourselves in helping our clients out-predict their competition.
For more information on Xineoh, please visit our website at https://www.xineoh.com/.
ON BEHALF OF THE BOARD
“Mark J. Morabito”
Chairman
| Xineoh is part of the King & Bay group of companies. King & Bay is a merchant bank that specializes in identifying, funding, developing and supporting growth opportunities in the resource, aviation, and technology sectors. |
For more information, please contact:
Carlo Valente, Chief Financial Officer
604-681-8030
Cautionary Note Regarding Forward-Looking Information
This
news release discusses items that may constitute forward-looking
statements within the meaning of applicable securities laws and that
involve risks and uncertainties. Such statements include those with
respect to the use of proceeds of the Offering, future prospects and
strategy of the Company and the performance of its technology. Although
the Company believes in light of the experience of its officers and
directors, current conditions and expected future developments and other
factors that have been considered appropriate that the expectations
reflected in such forward-looking statements are based on reasonable
assumptions, they can give no assurances that those expectations will be
achieved, and actual results may differ materially from those
contemplated in the forward-looking statements and information. Such
assumptions, which may prove incorrect, include the following: (i) the
Company will succeed in obtaining any necessary future financing to fund
its ongoing operations, (ii) no material obstacles, technical or
otherwise, will hinder the Company’s operations, and (iii) the Company
will be able implement its business plans in a profitable manner.
Factors that could cause actual results to differ materially from
expectations include (i) the Company’s failure to make effective use of
its available funds, (ii) the failure of the Company’s commercialization
strategy for technical, logistical, labour-relations or other reasons,
(iii) an increase in the Company’s operating costs above what is
necessary to sustain its operations, (iv) cybersecurity issues, labour
disputes or the materialization of similar risks, (v) a deterioration in
capital market conditions that prevents the Company from raising the
funds that it requires on a timely basis, and (vi) generally, an
inability of the Company to develop and implement a successful business
plan for any reason. These factors and others are more fully discussed
in the Company’s filings with Canadian securities regulatory authorities
available at www.sedar.com.
Forward-looking statements are made based on management’s beliefs,
estimates and opinions on the date that statements are made and the
Company undertake no obligation to update forward-looking statements if
these beliefs, estimates and opinions or other circumstances should
change, except as required by applicable securities laws. Investors are
cautioned against attributing undue certainty to forward-looking
statements.
L’Ethiopian Skylight Hotel a été inauguré à Addis Ababa
SHENZHEN, Chine, 31 janvier 2019 /PRNewswire/ — Grand Skylight Hotel, une marque d’hôtellerie nationale réputée de Chine, a lancé avec succès son hôtel emblématique à Addis Ababa, la ville plateforme de l’Afrique de l’Est, avec la compagnie aérienne de renommée mondiale Ethiopian Airlines. Cette initiative marque la présence internationale de Grand Skylight en Afrique et est une étape affirmative de l’initiative « la Ceinture et la Route » de Chine qui renforce les liens entre la Chine et l’Afrique.
Le 27 janvier 2019, Ethiopian Airlines a dévoilé l’Ethiopian Skylight Hotel à Addis Ababa, en Ethiopie. Son Excellence le premier ministre Abiy Ahmed et le PDG d’Ethiopian Airlines M. Tewolde Gebre Mariam ont présidé la grande ouverture et prononcé un discours. Des représentants de premier rang du gouvernement éthiopien, des diplomates, des personnalités internationales et des représentants de médias internationaux étaient parmi les quelques 3 000 invités. M. Zhang Guochao, président de Shenzhen Grand Skylight Hotels Management Company (GSHM) a pris la parole devant une audience internationale visiblement impressionnée.
« L’ambiance de l’hôtel est excellente. Il est contemporain, lumineux, très spacieux et luxueux, comme il sied à un véritable projet phare en Afrique continentale », a déclaré S.E. le premier ministre Abiy Ahmed, s’attirant une profusion d’éloges.
Dans son élocution exaltée, le PDG d’Ethiopian Airlines, M. Tewolde Gebre Mariam, a exposé aux invités les vastes opportunités de croissance de l’hôtel face au potentiel excitant du tourisme local et du marché MICE. Il a félicité l’équipe pionnière de l’hôtel pour ses efforts diligents et présenté une lettre d’appréciation personnellement signée au groupe de travail GSHM.
« Nous sommes très heureux de collaborer avec Ethiopian Airlines, prélude du nouvel esprit africain. L’Ethiopian Skylight Hotel est un hôtel haut de gamme qui offre le plus grand nombre de chambres dans la localité, les aménagements les plus complets et la plus grande superficie de banquet. L’avenir nous attend et tout est possible », a ajouté M. Zhang Guochao, président de GSHM. « Shenzhen Grand Skylight Hotels Management Company est une marque célèbre de Chine, forte de plus de 33 ans d’expérience à l’international et avec 60 hôtels gérés et en cours de construction. En tant que membre de l’Aviation Industry Corporation of China (AVIC), qui figure dans la liste Fortune Top 500 pour l’aviation, GSHM n’a ménagé aucun effort pour ajouter à l’initiative « la Ceinture et la Route » de Chine. De même, c’est dans la plus grande urgence que nous avons renforcé l’équipe pionnière de l’Ethiopian Skylight Hotel avec ce qu’il fallait pour faire de la grande ouverture un succès retentissant. »
À propos de l’Ethiopian Skylight Hotel
L’hôtel est adjacent à l’aéroport international Bole d’Addis Ababa. Il occupe environ 40 000 mètres carrés et est appuyé par un investissement de 65 millions USD. Il a été construit par AVIC Engineering Corporation en tant qu’entrepreneur EPC, avec 373 chambres, trois restaurants (y compris le plus grand restaurant chinois d’Ethiopie à 900m2, un restaurant éthiopien traditionnel de 900m2), et trois salons bars. La grande salle de bal est conçue pour accueillir 2 000 invités à la fois, ce qui en fait la plus grande salle de bal d’Ethiopie. L’hôtel offre cinq salles de réception de capacités diverses, un centre de conditionnement physique, une piscine chauffée en extérieur, un terrain de pratique de mini-golf, un centre d’exposition de 600m2, une boutique ainsi qu’une billetterie et d’autres aménagements.
Le propriétaire du projet hôtelier est Ethiopian Airlines, la compagnie aérienne la plus importante, connaissant la plus forte croissance et la plus rentable d’Afrique, qui jouit d’une influence considérable et est renommée à l’international.
À propos de Grand Skylight Hotels Management Company (GSHM)
GSHM est une filiale en propriété exclusive d’AVIC dont le capital social s’élève à 298 millions de yuans. La société a commencé à exercer ses activités en 1985 en utilisant le Shenzhen Shanghai Hotel comme base et a plus de 30 ans d’expérience en planification d’hôtels, conseils en matière de construction et gestion des opérations.
La société cible le secteur hôtelier moyen à haut de gamme. La société compte aujourd’hui plus de 60 hôtels en Chine et à l’étranger et figure parmi les 30 premiers groupes de gestion hôtelière de Chine.
Photo – https://mma.prnewswire.com/
CNH Industrial presents results of 3-year Tunisian Water Management Project
The project was co-sponsored through the Company’s New Holland Agriculture brand together with several prestigious partners. The results were presented at a ceremony held at the Italian Ambassador to Tunisia’s Residence in the capital city of Tunis.
Tunis, January 31, 2019
CNH Industrial (NYSE: CNHI /MI: CNHI) hosted an event on the evening of January 30 to mark the successful conclusion of a joint water management project in southwest Tunisia. This activity was a sustainability initiative, which the Company co-sponsored through its New Holland Agriculture brand together with the Food and Agriculture Organization of the United Nations (FAO), The Tunisian Ministry of Agriculture, Water Resources and Fisheries and Tunisia’s Directorate General for Land Use Planning and Conservation (DG-ACTA).
The event was held at the Italian Ambassador to Tunisia’s Residence in Tunis where His Excellency Ambassador Lorenzo Fanara welcomed representatives from national and local government, program partners and the press, who came together to acknowledge the results of the program and address the future opportunities which have arisen as a direct consequence.
First established in 2015, the project focused on developing integrated water mobilization and irrigation systems in the country’s arid southwest region known as the Kebili Governorate. Kebili is the second largest of 24 governorates and counts some 250 small-scale rural farms.
The targets were aimed at improving food security, promoting fair and sufficient revenues for the concerned rural community, improving the resilience of rural farmers who face water scarcity in this arid climate and promoting sustainable ecosystems. With these targets in mind, the main activities saw the consolidation and strengthening of water mobilization efforts, planning for hydraulic and infrastructure facilities, the development of community initiatives for women and youth, specialized training for farmers and animal breeders and intensified efforts to promote plant and animal reproduction.
By the end of the project, the partners had contributed the following:
- Constructed dams for water and soil conservation, an electric charging station and a 50 square-meter premise to manager water activities;
- Purchased 1,000 different types of fruit trees to promote cultivation, 115 ewes for milk, 100 kilograms of fodder seeds, raw materials and equipment to produce artisanal products;
- Installed a compost heap allotment
New Holland Agriculture’s sponsorship contributed to the local building and repair of traditional water-collection systems, the training of local farmers on agricultural techniques, such as how to shepherd sheep and goats, and the building of orchards, wooded areas and vegetable gardens for families.
These combined efforts have reaped many positive results. The project has strengthened the capacity of these rural areas to adopt systems for water runoff and establish a network of communities that are now actively promoting sustainable agricultural practices in arid areas. These have paved the way for a long-term strategy for the adoption and prevalence of conservation agriculture and an investment plan to intensify the collection of rainwater.
CNH Industrial adheres to the United Nations’ Sustainable Development Goals (SDGs). This activity falls under SDG 6: Ensure availability and sustainable management of water and sanitation for all; SDG 8: Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all; SDG 10: Reduce inequality within and among countries; SDG 13: Take urgent action to combat climate change and its impacts; and SDG 15: Protect, restore, and promote sustainable use of terrestrial ecosystems; sustainably manage forests; combat desertification and halt and reverse land degradation; and halt biodiversity loss.
The Company has recently been recognized as a global leader in sustainable water management by being one of only 27 companies included in the CDP Water Security A-List. CDP is the international non-profit organization that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests.
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CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website: www.cnhindustrial.com
Media contacts:
Nan Nie
Corporate Communications Manager AMEA
Tel: +86 21 2082 2201
Alessia Domanico
Corporate Communications AMEA
Tel: +39 011 007 4002
E-mail: media.amea@cnhind.com
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