Fintech PR

BEA Marks the Inauguration of BEA Tower in Qianhai

Published

11 months ago

January 12, 2024

BEA Tower signifies the Bank’s dedication to supporting the development of the GBA

HONG KONG, Jan. 12, 2024 /PRNewswire/ — The Bank of East Asia, Limited (“BEA” or the “Bank”) today celebrated the inauguration of BEA Tower in Qianhai, its strategic hub in the Guangdong-Hong Kong-Macao Greater Bay Area (“GBA”). The occasion coincides with the Bank’s 105^th anniversary, marking a significant milestone in BEA’s century-long development on the Chinese Mainland and its dedication to the GBA’s development.

BEA Tower is located in the Qianhai Shenzhen-Hong Kong Cooperation Zone. The inauguration was officiated by Mr. Paul Chan Mo-po, Financial Secretary of the Government of the Hong Kong Special Administrative Region (“HKSAR”); Mr. Wang Qiang, Member of the Standing Committee of the Shenzhen Municipal Committee of the Communist Party of China (“CPC”), Director-General of the United Front Work Department of the Shenzhen Municipal Committee of the CPC; Mr. Lv Feng, Deputy Director-General of the Economic Affairs Department of the Liaison Office of the Central People’s Government in the HKSAR; Dr. Tong Shi-qing, Deputy Director General of the Guangdong Financial Supervisory Authority; Mr. Arthur Yuen, Deputy Chief Executive, Hong Kong Monetary Authority; Mr. Kuok Khoon-hua, Chairman and Chief Executive Officer of Kerry Properties Limited, the Bank’s joint-venture partner for the development of BEA Tower; Dr. David Li, Executive Chairman of BEA; Professor Arthur Li, Deputy Chairman of BEA; and Mr. Adrian Li and Mr. Brian Li, Co-Chief Executives of BEA. Also joining the inauguration were the board of directors and executives of the Bank and Bank of East Asia (China) Limited (“BEA China”), and officials of Qianhai Authority and other Chinese Mainland government bodies.

In a pre-recorded video message, Mr. John KC Lee, Chief Executive of the HKSAR, said, “The HKSAR Government attaches great importance to strengthening and leveraging Hong Kong’s competitive edge in financial services. Hong Kong’s internationalised market, product offerings and talent pool can make proactive contributions to the financial liberalisation and innovation of the GBA not only in such established sectors as securities, banking, insurance, and asset management, but also in the emerging fields of green finance and fintech. I encourage BEA to capitalise on the immense opportunities presented by the development of Qianhai to continue to play an active role in the development of the GBA and contribute to our nation’s high-standard opening up as a home-grown Hong Kong business.”

Mr. Paul Chan Mo-po, Financial Secretary of the HKSAR Government, said, “Qianhai is a major cooperation platform for the Guangdong-Hong Kong-Macao Greater Bay Area, holding a frontier position for national reform and opening up. It is an important national initiative to support Hong Kong’s economic and social development, enhance the level of cooperation between Guangdong, Hong Kong, and Macao, and construct a new layout of opening up. In this new era and journey of China’s modernisation for building a strong nation, Guangdong, Hong Kong, and Macao are strengthening their co-development and speeding up the formation of a new system for good-quality, highly efficient modern service industry.

Mr. Wang Qiang, Member of the Standing Committee of the Shenzhen Municipal Committee of the CPC, said, “This year marks the 75^th anniversary of the founding of the People’s Republic of China, and is also a crucial year for achieving the objectives and initiatives outlined in the 14^th Five-Year Plan. Shenzhen will focus on driving economic development and high-quality growth to spur the creation of an economic hub with greater global influence and a modern international metropolis. We hope BEA will continue to play an increasing role in the economic and social development of Shenzhen, fully leveraging the synergies of cross-boundary collaboration.”

Mr. Adrian Li, Co-Chief Executive of BEA, commented, “The official inauguration of BEA Tower represents a milestone for our business development in the region. This building will serve as our strategic hub for the GBA, facilitating closer collaboration between members of the BEA Group and enabling us to provide more seamless cross-boundary services to our customers.”

Mr. Brian Li, Co-Chief Executive of BEA, said, “BEA has always been a supporter of the continuous development of Qianhai. Among our key business segments in the GBA, we have established our presence in securities, investment, asset management, and fintech in Qianhai. BEA Tower demonstrates our unwavering confidence in the prospects of the economy and business in the Chinese Mainland.”

BEA Tower has 18 floors and 5 underground levels. It houses BEA China’s flagship Shenzhen Branch, a fintech innovation centre cum startup collaboration platform – BEAST (which stands for BEA + Startups), a Data Lab and other BEA subsidiaries.

With a recognised presence across all 9 GBA cities in the Mainland, BEA offers a comprehensive range of cross-boundary banking services by leveraging its onshore and offshore platforms to meet the needs of personal and corporate customers.

In addition, BEA is committed to advancing innovation and supporting a vibrant fintech ecosystem in the region. BEAST, BEA’s fintech platform that was first established in Hong Kong in September 2022, has expanded its reach to Qianhai. Launched in October 2023, Qianhai BEAST enables the Bank to connect with the wealth of talent and expertise in Shenzhen’s thriving fintech community. BEAST Qianhai benefits BEA and its customers with co-created solutions, while also facilitating broader regional collaboration.

BEA continues to strengthen its capabilities with innovative solutions. Its refreshed brand identity reflects the sustainable, digital-led and customer-centric bank that BEA is today and its commitment to empowering its customers to manage their financial well-being.

About The Bank of East Asia, Limited

Incorporated in 1918, The Bank of East Asia, Limited (“BEA”) is a leading Hong Kong– based financial services group listed on The Stock Exchange of Hong Kong, with total consolidated assets of HK$872.1 billion (US$111.3 billion) as of 30^th June, 2023.

BEA provides a comprehensive range of corporate banking, personal banking, wealth management, and investment services to customers through an extensive network of about 150 outlets covering Hong Kong, the rest of Greater China, Southeast Asia, the United Kingdom, and the United States. For more information, please visit www.hkbea.com.

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Fintech PR

OIVE and ViniPortugal celebrate closing of joint campaign that reached 100 million consumers

Published

16 minutes ago

November 22, 2024

CISION (PR Newswire)

MADRID and PORTO, Portugal, Nov. 22, 2024 /PRNewswire/ — For three years, A Shared Passion showed European consumers the quality and unparalleled versatility of Iberian wines. The program reached over 100 million consumers with advertising in airports, train stations, press trips, digital content, and other actions with opinion leaders.

The wine interprofessionals of Spain (OIVE) and Portugal (ViniPortugal) celebrated the closing of their ambitious joint campaign A Shared Passion with flagship events in Madrid and Porto. The closing event in Spain took place in Madrid’s iconic Calle Alcalá, while in Portugal, the World of Wine (WOW) in Porto was the perfect setting to present the achievements of the international collaboration. Both ceremonies were very well received by the press and the wine sector, highlighting the impact of the promotional actions that reached more than 79.2 million travelers in key transport infrastructures.

The campaign included 22 study trips, taking 150 specialized journalists to explore the world of wine in both countries and generating publications that reached nearly 15 million European consumers.

On social media, the A Shared Passion profile on Instagram exceeded 15,000 followers, consolidating its presence in the digital sphere. In addition, exclusive activities such as workshops and VIP dinners contributed significantly to this initiative’s global impact.

The final events were honored by the presence of opinion leaders, such as Masters of Wine Pedro Ballesteros and Dirceu Vianna Júnior, who moderated round tables with the presidents of OIVE, Fernando Ezquerro, and ViniPortugal, Frederico Falcão. The conference concluded with masterclasses that highlighted Spain and Portugal’s extraordinary oenological diversity, reinforcing the relevance of the sector in the economic, social, and environmental sustainability of both countries.

With funding from the European Union, A Shared Passion highlighted not only the quality and authenticity of Iberian wines but also their strategic role in the sustainable development of numerous municipalities. This initiative underlines the passion with which Spanish and Portuguese wines are made, reflecting their rich traditions and commitment to the future.

For more information: www.asharedpassion.com

Video: https://mma.prnewswire.com/media/2565600/ViniPortugal_and_OIVE.mp4

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Fintech PR

Alkira Ranked 25th Fastest-Growing Company in North America and 6th in the Bay Area on the 2024 Deloitte Technology Fast 500™

Published

2 hours ago

November 22, 2024

CISION (PR Newswire)

alkira-ranked-25th-fastest-growing-company-in-north-america-and-6th-in-the-bay-area-on-the-2024-deloitte-technology-fast-500™

Alkira attributes its 7,194% revenue growth to consistent innovation, enabling enterprises to overcome mounting network complexity in the cloud and AI era

SAN JOSE, Calif., Nov. 22, 2024 /PRNewswire/ — Alkira® Inc., the leader in Network Infrastructure as a Service, today announced that it ranked as the 6th fastest-growing technology company in the Bay Area and the 25th fastest-growing company in North America on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. Now in its 30th year, the list recognized Alkira for achieving a growth rate of 7,194% during this period.

“Being recognized as one of North America’s fastest-growing companies by Deloitte is a tremendous honor. This achievement reflects Alkira’s unwavering commitment to equipping frontline networking teams with solutions that dramatically simplify enterprise networking amidst escalating complexity,” said Amir Khan, CEO at Alkira. “Today’s enterprises are racing to support cloud, AI and machine learning workloads, but their existing networks weren’t built for this dynamic environment. Alkira’s network infrastructure as-a-service platform enables organizations to connect any cloud, on-premise location, and remote user with a unified, secure, and highly scalable network fabric that reduces deployment times from months to minutes.”

“For 30 years we’ve been celebrating companies that are actively driving innovation. The software industry continues to be a beacon of growth, and the fintech industry made a strong showing on this year’s list, surpassing life sciences for the first time,” said Steve Fineberg, vice chair, U.S. technology sector leader, Deloitte. “Significantly, we also saw a breakthrough in performance of private companies, with the highest number of private companies named to the list in our program’s history. This year’s winners have shown they have the vision and expertise to continue to perform at a high level, and that deserves to be celebrated.”

“Innovation, transformation and disruption of the status quo are at the forefront for this year’s Technology Fast 500 list, and there’s no better way to celebrate 30 years of program history,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s Audit & Assurance practice. “This year’s winning companies have demonstrated a continuous commitment to growth and remarkable consistency in driving forward progress. We extend our congratulations to all of this year’s winners — it’s an incredible time for innovation.”

Overall, 2024 Technology Fast 500 companies achieved revenue growth ranging from 201% to 186,373% over the three-year time frame, with an average growth rate of 2,097% and median growth rate of 458%.

Now in its 30^th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2020 to 2023.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

About Alkira
Alkira is the leader in Network Infrastructure on Demand. We unify any environments, sites, and users via an enterprise network built entirely in the cloud. The network is managed using the same controls, policies, and security systems network administrators know, is available as a service, and can instantly scale as needed. There is no new hardware to deploy, software to download, or architecture to learn. Alkira’s solution is trusted by Fortune 100 enterprises, leading system integrators, and global managed service providers. Learn more at alkira.com and follow us @alkiranet.

About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 460,000 people worldwide connect for impact at www.deloitte.com.

Media Contact:
Jelena Dopudj, Sr. Communications Manager, Alkira Marketing
[email protected]

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

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Fintech PR

EliTe Solar: Realizing Our Mission and Standing by Our Core Values

Published

2 hours ago

November 22, 2024

CISION (PR Newswire)

elite-solar:-realizing-our-mission-and-standing-by-our-core-values

Written by Arndt Lutz, CEO of EliTe Solar

SINGAPORE, Nov. 22, 2024 /PRNewswire/ — EliTe Solar is dedicated to advancing technology with a strong focus on quality, sustainability, and meaningful partnerships. For nearly two decades, EliTe Solar has led the solar industry by adapting to changing market demands and setting standards in customer service and quality as evidenced by third party reviews. The company’s comprehensive strategy starts with ingots and wafers to cells and modules, supported by a global supply chain. This vertical integration underscores EliTe Solar’s commitment to excellence.

EliTe Solar’s core principles of honesty and transparency drives the company’s growth and actions. By upholding these values, EliTe Solar consistently goes above and beyond for their clients. Open communication is central to their work, fostering trust and loyalty. EliTe Solar ensures their clients are informed every step of the way—from production to customs clearance, and final delivery.

EliTe Solar offers a diverse range of products tailored to different needs. The company’s goal is to optimize module performance and achieve a low Levelized Cost of Electricity (LCOE), delivering lasting value for customers while minimizing costs and environmental impact. This approach supports their partners’ energy goals and contributes to a broader sustainability mission.

EliTe Solar’s supply chain is meticulously designed to meet high standards and market demands. The company sources all materials outside China to ensure traceability from raw material to final product. With ingot and wafer production in Vietnam, cell and module production in Indonesia, and manufacturing in Egypt and soon, the U.S., EliTe Solar maintains compliance and uphold supply chain integrity.

EliTe Solar’s project management expertise sets them apart, especially in challenging environments. Currently, the company is transporting one million solar panels to a remote site in Utah with EV trucking from Hight Mobility, working closely with their client and partners to ensure timely delivery and smooth communication. This demonstrates EliTe Solar’s dedication to reliability and strong partnerships.

EliTe Solar prioritizes inland and ocean transportation management, timely customs clearance, and comprehensive post-sales support to deliver reliability and customer satisfaction.

The company’s commitment to sustainability extends beyond eco-friendly energy options. EliTe Solar actively engages with communities to foster positive social impact. For example, the company recently awarded $50K in scholarships with Utah universities to support future solar industry professionals. This investment in education strengthens the sector’s future and contributes to global sustainability.

In the coming months, EliTe Solar is preparing to expand in Egypt and establish solar cell production in the U.S., creating jobs and reinforcing a dependable supply chain. With a track record of reliable service and top-tier solar technology, the company is proud to have supplied over 10 GW of solar modules worldwide, playing a vital role in the shift to sustainable energy. As EliTe Solar continues to grow, the company’s principles of quality, transparency, and sustainability will guide every member, positioning EliTe Solar as a leader in the global solar industry.

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