Fintech PR
SANY’s Commitment to Carbon Neutrality: Paving the Way for a Sustainable Future
SHANGHAI, Feb. 28, 2024 /PRNewswire/ — On January 26th, the first International Clean Energy Day, as proclaimed by the United Nations, was observed globally, highlighting the crucial role clean energy plays in fostering a sustainable energy transition. SANY Group (“SANY”) is actively participating in this drive by providing integrated solutions for clean energy operations and driving green industrial transformation.
SANY prioritizes the development of energy-saving technologies and offers highly efficient, low-energy consumption products, making notable progress in hybrid, electric, hydrogen fuel, wind power, and prefabricated construction:
- SANY operates 26 wind farms across 18 Chinese provinces.
- SANY’s 176 electrified products have reduced emissions by 4,150,489 tons.
- SANY’s hydrogen refueling stations use alkaline electrolysis with a maximum current density of 8000A/㎡, operating at 35Mpa pressure, and refueling at a speed of 5kg/min.
- SANY’s silicon energy division has produced a 5.5-meter monocrystalline silicon rod.
The total investment of the wind hydrogen storage business in the next three years is expected to be 5.1 billion USD, of which wind energy is 2.7 billion, photovoltaic 2.1 billion, hydrogen energy 90 million, energy storage, and lithium 210 million.
Each section plans sales of 11.3 billion USD per year and profits of 1 billion USD per year in the next three years.
SANY Renewable Energy: Committed to High-Quality Wind Power Equipment
In 2024, SANY will collaborate with customers to build 10 fault-free benchmark wind farms in China, integrating smart solutions for high-quality operations throughout the lifecycle.
For two consecutive years, SANY Renewable Energy’s SI-230100 wind turbine has been recognized as a top onshore wind turbine by Windpower Monthly, receiving the coveted gold prize.
Additionally, SANY Renewable Energy recently achieved another milestone by producing the SY1310A blade, measuring 131 meters, at its zero-carbon intelligent industrial park in Bayannur, Inner Mongolia, setting a new world record for the longest onshore wind turbine blade.
SANY Electrification: Leading the Way in Electric Construction Machinery
SANY’s electrified products have over 80% global market share, and it has also partnered with major port operators like PSA, APMT, Hutchison, and DPW to promote environmentally friendly port logistics.
“There is a growing environmental consciousness, and our company is committed to reducing energy consumption and production greenhouse gas emissions. This makes me passionate about these issues and motivates me to contribute to society,” said Ashley Law, an engineer at SANY’s R&D Center in Germany. “We aim to use innovation and technology to address various social issues in modern urban construction,” Law added.
Moreover, SANY Group participated in China’s first electrified highway project in Zhuzhou, Hunan. In 2023, their Mota 1165 electric tractor set a record by traveling over 800 km from Changsha to Shenzhen in just over 13 hours on a single charge.
SANY Hydrogen: Delivering Zero-Carbon Solutions through Integrated Hydrogen Refueling Stations and Equipment
In 2020, SANY produced the world’s first hydrogen fuel cell mixer truck and dump truck, marking a significant milestone in the hydrogen era.
In 2022, SANY established the first integrated hydrogen production and refueling station in Hunan, China, expanding its presence in the hydrogen energy supply chain.
In 2023, SANY Hydrogen signed a strategic cooperation agreement with Guangtai Hydrogen Energy Technology to build the first 2000kg-class hydrogen refueling station in Shanghai, representing the first commercial deployment of SANY’s integrated hydrogen refueling station solution.
Furthermore, SANY Hydrogen achieved breakthroughs with a 1.5GW production line for alkaline electrolyzers, enabling mass production of systems from 500 to 2000 standard cubic meters, and built a 20MW-scale electrolyzer test platform for product development.
SANY Silicon Energy: Driving Innovation and Industrialization in Photovoltaic Sector
SANY Group is rapidly developing the monocrystalline silicon photovoltaic industry, from silicon rods to cell production and photovoltaic module manufacturing, aiming to create a new industry hub in the central and western regions of China.
In 2023, SANY Silicon Energy achieved mass production of its first N-type TOPCon solar cells at its 5GW Zhuzhou facility, completing its integrated industry footprint. The project also saw the successful production of the first monocrystalline silicon rod at SANY Silicon Energy’s Shuozhou facility, providing a strong impetus for future industry-scale deployment.
SANY is committed to the energy transition in mining and construction, recognizing no one-size-fits-all solutions. It tailors approaches, empowering customers with confidence on their journeys towards a low-carbon future.
Visit SANY on LinkedIn: https://www.linkedin.com/company/sany-heavy-industry
Facebook: https://www.facebook.com/sanyglobal/
YouTube: https://www.youtube.com/channel/UCMV8vy8fng3im3sptsb4IFQ
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View original content:https://www.prnewswire.co.uk/news-releases/sanys-commitment-to-carbon-neutrality-paving-the-way-for-a-sustainable-future-302074159.html
Lending revenue dips against backdrop of record-high indices
NEW YORK, Jan. 2, 2025 /PRNewswire/ — The global securities finance industry generated $9.64 billion in revenue for lenders in 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 10.3% decrease from the $10.74 billion generated in 2023.
Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, totaled an additional $2.57 billion in revenue for 2024, a 9.9% decrease from 2023.
Equity lending revenues fell 13% globally, with North America revenue declining 15% and EMEA revenue dropping 24%. In North America, the cause for the revenue decline was a 19% decrease in average fees, while in EMEA, fees and balances decreased 16% and 11%, respectively. Equity lending revenues in APAC were largely flat year-over-year.
Global sovereign debt revenue increased by 8% over 2023, with U.S. treasuries making up the lion’s share of the gains. Treasuries were up 16% year-over-year, driven by a 14% growth in balances.
In corporate debt lending, global revenue declined by 21% as a regression from a record 2023 continued. Fees were the main culprit, with a steep 29% decrease driving the year-over-year decline in revenue.
The top five earning securities in 2024 were Sirius XM Holdings (SIRI US), Lucid Group (LCID US), Beyond Meat Inc. (BYND US), Tempus AI Inc. (TEM US) and Trump Media & Technology Group (DJT US). The five securities in total generated $644 million for lenders over the course of 2024, a significant dip from the $1.11 billion generated by 2023’s top five earners.
Bloomberg Terminal users can subscribe to EquiLend’s exclusive Orbisa securities lending data by entering terminal shortcut APPS ORBISA About DataLend About EquiLend Logo – https://mma.prnewswire.com/media/1060364/EquiLend_Logo.jpg
DataLend, the market data service within EquiLend’s Data & Analytics Solutions group, tracks daily market movements across more than 200,000 securities, covering $35 trillion in lendable assets and $2.6 trillion in on-loan assets for the securities finance market. www.datalend.com
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. EquiLend has offices in North America, EMEA and Asia-Pacific and is regulated in jurisdictions around the globe. www.equilend.com
View original content:https://www.prnewswire.co.uk/news-releases/datalend-2024-securities-lending-revenue-down-10-yoy-to-9-64-billion-302341418.html
NEW YORK, Jan. 2, 2025 /PRNewswire/ — In a dynamic and increasingly complex business environment, small businesses across the USA are experiencing a growing need for expert financial management solutions. Bookkeeping in USA, a critical yet often overlooked business function, is proving essential for companies striving to stay competitive, compliant, and efficient.
Recent studies highlight the importance of tailored bookkeeping solutions to address challenges such as fluctuating tax laws, rising operational costs, and stringent compliance requirements. The demand for professional bookkeeping services in USA has surged, showcasing their role in fostering small business resilience and growth.
Click here: Get 50% Off and Simplify Your Bookkeeping USA
The Role of Bookkeeping in Small Business Success
Bookkeeping in USA offers small business owners’ clarity and control over their financial health. As the business landscape evolves, it is becoming a strategic necessity rather than just a support function. Challenges like tax compliance, cash flow management, and accurate financial reporting require dedicated expertise, which many small business owners find daunting to handle independently.
Insights from Industry Experts
“Small businesses are the backbone of our economy, and they deserve tools that empower them to succeed,” says Ajay Mehta, CEO of IBN Technologies. “Bookkeeping services enable entrepreneurs to focus on their strengths while ensuring their financial bases are secure.”
IBN Technologies has positioned itself as a leader in this space, offering streamlined bookkeeping services that align with industry standards and leverage cutting-edge technology. The company’s solutions are designed to help businesses avoid costly financial missteps, manage cash flow effectively, and maintain compliance with ever-changing regulations.
Modernizing Bookkeeping with Technology
The adoption of cloud-based bookkeeping solutions marks a transformative step forward for small businesses. Real-time access to financial data, enhanced security, and seamless collaboration between business owners and financial experts have made these tools indispensable. IBN Technologies integrates state-of-the-art technology into its services, ensuring clients can monitor their finances anytime, anywhere.
Addressing Tax Compliance and Financial Challenges
One of the most significant challenges for small businesses in the USA is navigating the complex web of federal and state tax laws. IBN Technologies specializes in offering tax-ready to serve bookkeeping in USA that not only mitigate the risk of audits but also identify potential tax savings. This dual approach has enabled many businesses to achieve better financial outcomes while reducing stress.
About IBN Technologies
IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive efficiency and growth.
Contact Details:
Pradip
[email protected]
+1 – 844 – 644 – 8440
USA:
IBN Technologies LLC
66 West Flagler Street Suite 900 Miami, FL 33130
India: Global Delivery Centre
IBN Technologies Limited
Kohinoor House, 2nd floor,
691/A/1B, Plot no. 7,
Bibwewadi Road, Pune-411037
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View original content:https://www.prnewswire.co.uk/news-releases/bookkeeping-in-usa-empower-business-growth-and-success-with-ibn-technologies-302341224.html
Fintech PR
CUBE COMPLETES ACQUISITION OF THOMSON REUTERS REGULATORY INTELLIGENCE AND ODEN BUSINESSES
- Acquisition delivers an expanded customer base with a deep global subject matter expertise network that further powers CUBE’s RegBrain AI across its industry proven SaaS RegPlatform™
- CUBE continues to see strong organic customer growth in its well-established enterprise sector whilst also accelerating growth across the mid-market sector
- 2024 was a year of strategic milestones for CUBE including the partnership with Hg, expanding its global footprint across six main hubs, the acquisition of Reg-Room and Thomson Reuters Regulatory Intelligence and Oden businesses, together with pivotal board and executive appointments
LONDON, Jan. 2, 2025 /PRNewswire/ — CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has today formally announced the completion of its acquisition of the Thomson Reuters Regulatory Intelligence and Oden businesses on 31 December 2024.
The acquisition of these global businesses is another step forward in CUBE’s growth plans as a leader in regulatory intelligence. It will supplement and enhance CUBE’s ability to deliver significant scale across many of the world’s leading and systemically important financial institutions. CUBE’s global customer base will expand to total approximately 1,000 customers in banking, insurance, asset and investment management, payments and adjacent regulated industries.
CUBE’s Founder and CEO, Ben Richmond, said: “The completion of this acquisition is a major milestone for CUBE in a year that has seen many important milestones including our strategic partnership with Hg, the acquisition of Reg-Room, and the acquisition of Thomson Reuters Regulatory Intelligence and Oden businesses.”
“Thomson Reuters is best known in the industry for providing regulatory analysis and subject matter expertise combined with world-leading journalism and news,” said Ben Richmond. “The powerful combination of CUBE’s AI and the years of human generated content curated by Thomson Reuters Regulatory Intelligence and Oden subject matter experts sets us apart in the industry. This new dimension at CUBE will accelerate innovation and drive further growth and opportunity in 2025 and beyond.”
Following the announcement of its strategic partnership with Hg in March 2024, CUBE has now completed two transformational US-based acquisitions across three businesses whilst continuing to assemble a highly experienced executive team. CUBE’s continued impressive growth saw its presence in the enterprise sector surpassing 200 customers and now represents around 40% of Tier 1 financial institutions globally. In the mid-market sector, serving small and medium sized enterprises, CUBE now has near 800 customers.
With this growth CUBE solidified its global footprint by establishing offices across its six main hubs focused on customer support and implementation; with the number of employees at CUBE doubling to near 700 and a comparable increase in the number of countries where CUBE’s employees are located, which now totals 15 countries.
Ben Richmond said: “We are excited to welcome all of our new colleagues to CUBE – 2025 promises to be yet another significant year for the business as we continue to deliver further innovation focused on automating regulatory compliance and risk management for our customers.”
The definitive agreement was originally announced in May 2024 and terms were not disclosed.
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View original content:https://www.prnewswire.co.uk/news-releases/cube-completes-acquisition-of-thomson-reuters-regulatory-intelligence-and-oden-businesses-302341226.html
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