Fintech PR
Zoomlion 2023 Annual Report Marks Record 79.2% YoY Increase in International Revenue to Reach 17.005 Billion Chinese Yuan
CHANGSHA, China, April 2, 2024 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”, 1157.HK), a leading Chinese construction machinery and equipment manufacturer, released its 2023 annual report on the evening of March 28. The company achieved an annual revenue of RMB 47.075 billion, a year-on-year increase of 13.08%, with a net profit of 3.771 billion yuan, a year-on-year increase of 58.13%. The company’s international revenue, which further increased to a record high of 38.04% of total revenue, was 17.905 billion yuan, a year-on-year increase of 79.2%.
Zoomlion’s market position in traditional sectors has been steadily increasing, with:
- Hoisting machinery revenue climbed to 19.29 billion yuan, a year-on-year increase of 1.6%;
- Concrete machinery revenue achieved 8.6 billion yuan, a year-on-year increase of 1.6%;
- The market position in emerging sectors such as earthmoving machinery, aerial machinery, and mining machinery has significantly improved. Among them, earth-moving machinery revenue was 6.65 billion yuan, a year-on-year increase of 89.3%, with aerial machinery revenue at 5.71 billion yuan, a year-on-year increase of 24.2%.
As of the end of 2023, Zoomlion has built over 30 first-level business hubs and more than 350 second-level outlets around the world, with construction spreading from regional centers to higher-tier cities. The total number of employees outside of China exceeds 3000, and the company’s products cover more than 140 countries and regions. Gross profit margins in China and internationally, as well as gross profit margins in each business segment, increased in 2023, with gross profit margins reaching 27.54%, a year-on-year increase of 5.7%.
Zoomlion has harnessed the global village idea, utilizing the end-to-end, direct business approach, along with the digital twin platform, and has steadfastly expanded its international presence via top-tier R&D centers, modern manufacturing units, and expansive sales networks. The company has placed a strong emphasis on advancing the capabilities of its service teams, significantly improving the international customer experience and brand perception.
Zoomlion prioritizes digitization, intelligence, and green as its development focus, aiming to establish an ecological framework of intelligent R&D, scientific management, and advanced manufacturing. Productivity has been enhanced through breakthroughs in core technologies such as 5G, industrial internet, cloud computing, big data, and artificial intelligence. Zoomlion leads the industry in patent applications for digital innovations such as big data and cloud computing, reflecting its commitment to a technologically driven international business approach.
Leveraging intelligent manufacturing, Zoomlion has gained a competitive edge. The focal point, Zoomlion Smart Industrial City, anchors 23 leading smart factories, and by deeply integrating AI, smart manufacturing tech, and equipment, it crafts intelligent, flexible, and eco-friendly production lines. Innovative control algorithms and digital systems swiftly translate research into efficient, collaborative smart factories. This transformation boosts production, efficiency, and delivery metrics significantly, achieving a perfect product qualification rate, a 25% cut in costs, and 52% shorter delivery times.
View original content:https://www.prnewswire.co.uk/news-releases/zoomlion-2023-annual-report-marks-record-79-2-yoy-increase-in-international-revenue-to-reach-17-005-billion-chinese-yuan-302105428.html
Fintech PR
Trillium Surveyor and Kaiko Announce Strategic Partnership to Enhance Crypto Trade Surveillance
Partnership Addresses Growing Demand for Institutional-Grade Crypto Trade Surveillance Solutions
NEW YORK and PARIS, Dec. 19, 2024 /PRNewswire/ — Trillium Surveyor, a leading provider of trade surveillance and best execution software, and Kaiko, the leading cryptocurrency market data provider, today announced a strategic partnership to deliver best-in-class solutions for financial institutions and exchanges engaged in cryptocurrency trading. This partnership comes at a pivotal moment as the cryptocurrency market faces impending regulatory changes and increased institutional adoption.
Through this collaboration, Trillium Surveyor and Kaiko will provide an integrated solution that combines Trillium’s state-of-the-art trade surveillance platform with Kaiko’s high-quality crypto market data. Together, these tools empower financial institutions to detect and prevent nefarious trading activities quickly, accurately, and effectively.
“High-quality market data is the foundation of effective trade surveillance, and by combining our deep expertise with Kaiko’s market intelligence, we’re setting a new standard for depth and precision in digital asset monitoring,” said Lisa B. Saacks, President of Trillium Surveyor. “Our partnership ensures clients have access to comprehensive market coverage and best-in-class algorithmic detection filters, while our industry knowledge identifies emerging behaviors ahead of regulatory action as the market evolves.”
Kaiko’s CEO, Ambre Soubiran, echoed the importance of adaptability in the current regulatory climate. “A robust, easily configurable trade surveillance tool is essential to support institutions as they navigate the rapidly changing crypto regulatory environment,” said Soubiran. “This partnership with Trillium Surveyor underscores our commitment to providing the critical data needed for transparency and trust in the crypto ecosystem.”
About Trillium Surveyor
Trillium Surveyor provides powerful, easy-to-use solutions for trade surveillance and best execution, providing actionable insights across equities, derivatives, fixed income, and crypto markets. With patented technology, full depth-of-book market data, and diligent client service, Surveyor empowers clients to build efficient, cost-effective compliance programs. Learn more at trilliumsurveyor.com
About Kaiko
Founded in 2014, Kaiko is the leading provider of cryptocurrency market data, analytics and indices, offering businesses institutional-grade, regulatory-compliant solutions. Kaiko empowers market participants with global connectivity to real-time and historical data feeds across the world’s leading exchanges, driving the development of innovative indices and benchmarks for the digital assets industry.
Media Contact
Trillium Surveyor
Forefront Communications
[email protected]
Kaiko
[email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/trillium-surveyor-and-kaiko-announce-strategic-partnership-to-enhance-crypto-trade-surveillance-302335309.html
DALLAS and LONDON, Dec. 19, 2024 /PRNewswire/ — Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, proudly announces its recognition as a top-performing provider in G2‘s Winter 2025 Report. Trintech earned 12 prestigious badges, including Leader status in 11 categories, and its Adra Platform was ranked #1 on four G2 grids for financial close software in Europe and EMEA.
This achievement underscores Trintech’s commitment to delivering innovative and scalable financial close solutions that meet the diverse needs of organizations worldwide.
Winter 2025 G2 Badges for Trintech include:
Adra Platform:
- #1 Leader: EMEA Grid® for Financial Close Software
- #1 Leader: Europe Grid® for Financial Close Software
- #1 Leader: Mid-Market EMEA Grid® for Financial Close Software
- #1 Leader: Mid-Market Europe Grid® for Financial Close Software
- Leader: Grid® for Financial Close Software
- Leader: Enterprise Europe Grid® for Financial Close Software
- Leader: Enterprise EMEA Grid® for Financial Close Software
- Leader: Enterprise Implementation Index Grid® for Financial Reconciliation
Cadency Platform:
- Leader: Enterprise Grid® for Financial Close Software
- Leader: Enterprise Europe Grid® for Financial Close Software
- Leader: Enterprise Implementation Index Grid® for Financial Reconciliation
Additionally, Trintech earned the coveted “Users Love Us” badge, reflecting strong customer satisfaction across its platforms.
G2 Customer Testimonials Showcase Impact of Trintech’s Platforms:
- “Cadency has the ability to handle huge amounts of data. At HPE, we are currently reconciling approximately 25,000 balance sheet accounts amounting to $1.5B USD each month and Cadency can handle this volume of data each month and provides a seamless user experience.”
- “I would highly suggest looking into automating your account recon process with Adra, a more affordable software product than Blackline and appears to provide similar capabilities. It was easy and quick to implement within a month or two.”
- “We used to have an entire person reconciling as a full-time job. We are now able to reconcile in less than 30 minutes, freeing us up to focus on other high-value tasks.”
- “Cadency keeps all users organized by providing one platform for all close tasks and reconciliations. In addition, it sends reminders for upcoming items and past-due items. Great reporting options and very customizable. Love that it can be integrated with our ERP.”
- “Cadency reduces manual work, automates our close processes, provides critical insights with its customizable reporting, and provides visibility to our overall financial standing.”
- “A very good reconciliation software with high flexibility and modern technology.”
“Our consistent recognition as a #1 leader by G2 reflects the trust our customers place in Trintech to deliver exceptional solutions tailored to their unique needs,” said Darren Heffernan, CEO of Trintech. “With Adra for mid-market organizations and Cadency for enterprises, we offer innovative, efficient platforms that drive measurable value. We’re honored to lead the industry and remain focused on empowering finance teams globally.”
“Rankings on G2 reports are based on data provided to us by real software buyers,” said Sara Rossio, Chief Product Officer at G2. “Potential buyers know they can trust these insights when researching and selecting software because they’re rooted in vetted, verified, and authentic reviews.”
To learn more about how Trintech’s financial close solutions can help you close your books faster, visit trintech.com.
About Trintech
Trintech gives people time back for what matters most. Our cloud–based platform and solutions enable thousands of clients worldwide to lead productivity transformation across their finance and accounting organizations — driving efficiencies, ensuring accuracy to mitigate risk, and empowering strategic decision-making. Make time count with Trintech.
As the leader in Financial Close Management, Trintech is headquartered in Plano, Texas with offices and strategic resellers across United States, Europe, Australia, South America, Africa, and Asia Pacific. With a strong partner ecosystem, Trintech collaborates with over 100 companies to create a network of interconnected businesses. To learn more about Trintech, visit www.trintech.com.
Media Contact:
Kelli Shoevlin
Director, Global Corporate Marketing & Communications
[email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/trintech-ranked-1-on-four-grids-for-financial-close-software-in-g2s-winter-2025-report-302335931.html
Leading global payments platform SPAYZ.io has confirmed it will be attending iFX EXPO Dubai 2025 on 14 to 16 January. Exhibiting at Stand 64 at Trade Centre Dubai, SPAYZ.io’s team of professionals will be on hand providing live demonstrations of its renowned payment services for payment providers. Attendees will also receive exclusive insight into SPAYZ.io’s plans for 2025 alongside early early access to its upcoming plans for the new year.
SPAYZ.io delivers a host of payment solutions that leverage the latest technological innovations and open access to the fastest growing emerging markets across Africa, Europe and Asia. Over the past year, there has been huge demand for its Open Banking and local payment method services, alongside bank transfers, mass payouts, online banking and e-wallets.
Yana Thakurta, Head of Business Development at SPAYZ.io commented: “We look forward to once again participating at iFX Dubai to expand our network of partners and clients. It’s a fantastic way to kick off the year, connecting with thousands of industry leaders from FOREX platforms to trading companies, and everything in between.
“Our key goal for iFX Dubai EXPO 2025 is to expand our portfolio of solutions and geographies. We’re using this as an opportunity to partner with like-minded entities who share our ambition to provide payment solutions that are truly global.”
Come meet SPAYZ.io’s team at the Trade Centre Dubai at Stand 64. You can also book a meeting slot with a member of a team.
The post SPAYZ.io prepares for iFX EXPO Dubai 2025 appeared first on News, Events, Advertising Options.
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