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Shandong Heavy Industry – Weichai Power’s 2024 CEO Gathering: A Look Back at Two Decades of Shaping Global Industries

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WEIFANG, China, Feb. 4, 2024 /PRNewswire/ — On February 4th, leaders from across the globe gathered in Weifang, China, for the fifth Shandong Heavy Industry – Weichai Power Global CEO Conference, an event that drew 58 C-suite and top management executives from the Shandong Heavy Industry Group’s (subsequently referred to as the “Group”) operations across 13 countries and regions. The meeting provided a platform for these international leaders, together with their counterparts from the Group’s domestic brands, charting the future direction of conglomerate and explore strategies for achieving cohesive growth across world’s industries.

Tan Xuguang, the chairman of both Shandong Heavy Industry Group and Weichai Power, chaired the event and presented a keynote speech entitled “Earning Respect of Global Customers Through Strength”. In his remarks, Mr. Tan reflected on the Group’s impressive journey over past 20 years, a period characterized by its expansion on a global scale through strategic reorganizations and the integration of diverse corporate cultures, leading to effective collaboration and shared successes among its varied business sectors. “The aspiration to create a world-class corporation and ensure the well-being of our 150,000 employees globally is dream binding us together,” Mr. Tan declared. 

In a strategic move that set the stage for substantial sector-wide transformation, Weichai Power’s acquisition of Zhuzhou Torch Spark Plug in 2005 marked the beginning of Shandong Heavy Industry Group’s pivotal journey towards global industrial integration and advancement. Originating as a specialist in engine manufacturing, the Group swiftly evolved, raising the bar with introduction of the world’s first gold-standard powertrain assembly. This evolution catalyzed expansion into diverse sectors, including commercial vehicles, agricultural machinery, construction equipment, smart logistics, and marine transportation gear. The deliberate diversification has not only fortified Shandong Heavy Industry’s standing as a vanguard in the industrial equipment domain but also cemented its stature a leading multinational conglomerate in China with a formidable international footprint. The Group’s annual operating revenue has soared to US$72 billion, with its transnational index exemplifying its global reach at 48.57%.

Shandong Heavy Industry Group has been at the forefront of fostering open collaboration, systematically broadening its alliance of strategic brands. The conglomerate’s portfolio now includes recognized names such as Weichai Power, China National Heavy Duty Truck, Shaanxi Heavy Duty Automobile, Weichai Lovol Intelligent Agricultural Technology, Shantui Construction Machinery Co., Ltd., and Zhongtong Bus. Beyond domestic achievements, the Group boasts significant holdings in notable global firms : Italy’s Ferretti, Germany’s KION Group and Linde Hydraulics, the US’s Dematic and PSI, and France’s Moteurs Baudouin. With technological innovation centers established in over 10 countries, Shandong Heavy Industry delivers product and service solutions across more than 150 countries and regions. The group leads the global market in heavy engines, heavy-duty transmissions, and heavy trucks sales, while its industrial forklifts and luxury yachts are celebrated as top-tier international brands. In 2023, the Group reported an unprecedented 33% year-on-year surge in operating revenue and a doubling in profit, marking the most successful financial performance as now.

Looking to future, Mr. Tan underscored the critical importance of assembling an elite cadre of CEOs to elevate the organization to global prominence. He advocated for a comprehensive transformation, it means to serve as a CEO, urging them to become technologically adept entrepreneurs who also embody the roles of visionary thinkers, skilled engineers, persistent performers, and cultural envoys. By adopting a global outlook, strategic orientation, and systematic approach, these leaders are tasked with generating enhanced value for customers and positioning the firm as a globally respected powerhouse in the industrial equipment sector, Mr. Tan elaborated.

View original content:https://www.prnewswire.co.uk/news-releases/shandong-heavy-industry—weichai-powers-2024-ceo-gathering-a-look-back-at-two-decades-of-shaping-global-industries-302052651.html

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Board the TOKEN2049 Treasure Express With Bybit and Dive Into an $80,000 Prize Pool

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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, set out to make the community’s TOKEN2049 journey more rewarding. Gearing up for the most anticipated blockchain and Web3 event in the region, Bybit is thrilled to announce three bonus events to enable both attendees and remote fans to both be part of the experience.

The winning opportunities are open to both attendees of TOKEN2049 and followers from afar. Through trading and offline events, participants stand to get free tickets, a share of the $80,000 prize pool in airdrops and coupons, and Bybit merchandise.

Event 1: TOKEN2049 Treasure Express 

From now to Sep. 26, 2024, Bybit users may register for the event and complete tasks by depositing and trading assets to earn lucky draw tickets. The wheel of fortune will turn to one of the three prizes:

1. A pair of tickets to TOKEN2049;
2. A share of the airdrop prize pool valued at $50,000 featuring the hottest tokens, including DOGS, PEPE, SOL, XRP, TON and USDT; or
3. Up to 50 USDT in spot coupons.

Even more rewards await in referrals and social media giveaways. For details, visit: TOKEN2049 Treasure Express

Event 2: Share and Unlock

From now to Sep. 30, 2024, unleash your social media magic for a chance to win a 10 USDT spot trading coupon. Share a Bybit blog link and your thoughts on Bybit and Web3. Remember to tag @Bybit_Official and use the hashtag #UnlockWeb3Future and submit the form with us here: #UnlockWeb3Future at TOKEN2049 with Bybit

Event 3: Meet us offline at TOKEN2049

Spot our logo at TOKEN2049 and capture a photo at the Bybit booth (M50) to win Bybit merchandise. Remember to share to your social media channels and use the right hashtag. For details, visit: #UnlockWeb3Future at TOKEN2049 with Bybit

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An advocate for a sustainable Web3 ecosystem, Bybit will be featured prominently at TOKEN2049 on a series of keynote panels, thought leadership and community events, and booth M50.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Bybit Expands Global Reach, Receives Formal Consent for Full Authorization in Kazakhstan

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DUBAI, UAE, Sept. 6, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce it’s among the first to be granted consent to a full authorization by the Astana Financial Service Authority (AFSA). This milestone brings Bybit closer to becoming a fully regulated Digital Asset Trading Facility (DATF).

As part of a rigorous process, Bybit Kazakhstan has passed a full AML check, business conduct audit, and detailed compliance inspections. This is part of Bybit’s focus on securing new user opportunities in Kazakhstan and the broader Commonwealth of Independent States (CIS) region.

Kazakhstan has become a key player in the global crypto ecosystem, and we are thrilled to be expanding our services in such a dynamic market,” said Ben Zhou, co-founder and CEO of Bybit. “We are committed to bringing our cutting-edge technology, security, and transparency to crypto traders in Kazakhstan, ensuring they can access the best possible tools and services to thrive in this fast-growing industry.”

Once the full license is in place, Bybit Kazakhstan will offer various digital assets related products and services. The expansion into Kazakhstan aligns with Bybit’s mission to provide reliable and transparent services, catering to the unique needs of crypto traders and investors in the region.

This development follows Bybit’s receipt of its initial operating and custody licenses from AFSA in June 2023, reinforcing its commitment to local regulatory requirements. Bybit’s ongoing efforts to strengthen its presence in Kazakhstan underscore its belief in responsible growth and ensuring a compliant and secure trading environment.

Kazakhstan has quickly emerged as a hub for crypto innovation, and Bybit is proud to play a leading role in fostering this development. For example, Bybit hosted a “Foundations of Blockchain, Web3 and Crypto Exchange Activities” course for Banks of Kazakhstan in 2024. This event was part of Bybit’s drive to make blockchain education more accessible in the CIS region.

By securing this full authorization, Bybit is poised to enhance crypto adoption, provide institutional-grade security, and offer advanced trading features to its growing regional user base.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 40 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Logo – https://mma.prnewswire.com/media/2267288/Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/bybit-expands-global-reach-receives-formal-consent-for-full-authorization-in-kazakhstan-302240634.html

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Integrum ESG and CSRHub enable fund managers to monitor both long-term trends and short-term movements in ESG ratings for companies, across a 10-year time series

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LONDON, Sept. 6, 2024 /PRNewswire/ — Integrum ESG, the leading alternative ESG data provider, has today announced the launch of their Consensus ESG Ratings module.

Just as investors monitor movements in consensus earnings estimates or credit ratings, investors now are aware of the demand for the ability to monitor long-term trends and short-term movements in consensus ESG ratings.

This new feature enables Integrum ESG’s asset manager clients to now see the consensus ESG score for any company, either as an absolute rating or a relative percentile ranking, across a 10-year time series.

These scores will indicate to any investor what the capital markets have ‘priced in’ for a company’s ESG performance, allowing users to quickly understand the market’s view on a company and easily conduct relative ESG analysis on the positions they hold within their Portfolio.

This regularly updated data is provided by CSRHub, the world’s leading provider of consensus ESG ratings. CSRHub has spent years aggregating and normalising a vast range of licensed sources – from large ESG ratings firms such as MSCI, ISS, S&P Global, and Sustainalytics to specialists such as CDP and Better World Companies.

Shai Hill, Founder and CEO of Integrum ESG, commented: “Many investors have told us they want a sense of ‘what is priced in’ in terms of a company’s ESG performance, so they can compare this to what anyone ESG ratings firm is saying. CSRHub is the only firm to have credibly achieved this, thanks to a model refined over years and a vast data lake – so we are delighted to be partnering with them.”

Bahar Gidwani, Co-Founder of CSRHub, added: “Investors need to fine tune their ESG-related investment strategies to improve their returns and better match the preferences of their clients. Combining CSRHub’s expert outside-in, consensus view of ESG with Integrum ESG’s detailed real-time data stream provides a strong solution for these needs.”

About Integrum ESG

Integrum ESG is the leading alternative ESG data and ratings platform for investors, blending human analysis and award-winning artificial intelligence models to capture, verify and display granular and relevant ESG data for analysis and assessment. Their Platform allows clients to dissect ESG scores, real-time sentiment, and more with a variety of unique-to-market features, empowering industry professionals and investors and giving them complete oversight of ESG risk across their portfolio.

For more information, visit www.integrumesg.com

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About CSRHub

CSRHub offers the most comprehensive global set of Consensus ESG (Environmental, Social, and Governance) ratings, information, and tools. CSRHub’s business intelligence system measures the ESG business impact that drives corporate and investor sustainability decisions. Founded in 2007, CSRHub covers 56,545 public and private companies, and provides ESG performance scores on over 37,899 companies from 135 industries in 210 countries. Our Big Data platform uses algorithms to aggregate, normalize and weight ESG metrics from 957 sources to produce a strong consensus signal on corporate sustainability performance.

For more information, visit www.csrhub.com

Media Contact
Harish Karunalingam
Integrum ESG
[email protected] 

View original content:https://www.prnewswire.co.uk/news-releases/integrum-esg-and-csrhub-enable-fund-managers-to-monitor-both-long-term-trends-and-short-term-movements-in-esg-ratings-for-companies-across-a-10-year-time-series-302240581.html

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