Fintech PR
CHINT GLOBAL OPENS STATE-OF-THE-ART SMART METER MANUFACTURING FACTORY IN NAIROBI
NAIROBI, Kenya, Aug. 13, 2024 /PRNewswire/ — CHINT Global, a leading global provider of smart energy solutions, have proudly announced the grand opening of its cutting-edge smart meter manufacturing factory at Graylands Industrial Park, Athi River, Machakos, Kenya. This new facility represents a significant milestone in CHINT’s commitment to expanding into the East African market.
The CHINT Kenya Meter Factory is the 10th overseas factory of the CHINT Group and the second CHINT Meters facility in Africa. Specializing in advanced smart meters such as the CHD130 Single Phase DIN-Rail Meter, CHS120 Single Phase Smart Meter, and CHS320 Three Phase Smart Meter, the factory is designed to meet the diverse needs of residential and commercial customers. These meters boast advanced anti-tamper features, flexible installation options, and secure communication protocols.
With a maximum production capacity of 400,000 meters per year and a highly efficient quick assembly line, the factory is poised to become a key player in the region’s energy sector. Initially employing 40 people—90% of whom are local staff—this facility reflects CHINT’s strong commitment to localization and job creation in Kenya. The factory is expected to achieve a localization rate of 30%-40% for its products, with plans to increase this rate as the facility grows.
“Today marks a significant step forward in CHINT’s global strategy and our commitment to East Africa. Our new factory in Kenya is not just a manufacturing site; it is a beacon of innovation, sustainability, and economic growth for the region,” said Lily Zhang, President of CHINT Global. “We are confident that this facility will become a shining star among our global factories, illuminating the path towards a more sustainable and electrified future for East Africa.”
During the event, Ms. Esther Ngari of KEBS presented the official factory certification to Ms. Amy Fan, underscoring the factory’s compliance with the highest standards of quality and safety.
Speaking during the opening ceremony, Dr. Juma Mukhwana, the Chief Guest, expressed his appreciation to CHINT for investing in Kenya. “The Kenyan government has introduced various incentives to attract investors, including EPZ and SEZA. CHINT’s presence here will significantly address the challenges we’ve faced in industrialization, especially in terms of supplying large amounts of power while lacking necessary factories. CHINT’s investment is a welcome addition that will support our industrialization agenda.”
Joy Brenda Masinde, Chairman of KPLC, highlighted the significance of CHINT’s smart meters to Kenya’s energy sector. “The introduction of CHINT’s advanced metering solutions is a game-changer for KPLC. These meters will enable us to provide our customers with accurate billing, reduce losses, and improve the overall efficiency of our energy distribution. “
CHINT’s new factory is more than just a production facility; it represents a transformative force in Kenya’s energy landscape. The smart meters produced here will empower consumers with real-time data on their energy consumption, enabling them to make smarter choices and save money. By communicating with the power grid, these meters will also contribute to a stronger, more reliable energy infrastructure, reducing the likelihood of blackouts and ensuring a steady flow of electricity to homes and businesses.
The 4,000 square meter factory will primarily serve the local Kenyan market but is strategically positioned to supply products to the broader East African Community, including Uganda, Tanzania, Rwanda, Burundi, South Sudan, Congo (DRC), and Somalia. This expansion aligns with CHINT’s goal of becoming a leading power solution provider in the region, with ambitions to capture a top-three market share within three years and the top position within five years.
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DUBAI, UAE, Nov. 15, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, opens up the November arena for the Bybit Crypto Titans trading competition. Available for users in select regions, a prize pool of 55,000 USDT will be available for a limited time only.
From now to Nov. 30, eligible traders can level up their trading strategies and amplify their winning chances by inviting friends to share two prize pools in two simple steps: register for the event at the Grand Arena, and invite friends and trade.
Battlefields: Once in the Arena, users can pick their battlefields. Up to 30,000 USDT are up for grabs in the Team Battlefield ranked by total trading volume, while another 15,000 USDT is reserved for traders in the Solo Battlefield competing by PnL(%).
More perks: Additionally, top traders and leaders will receive extra perks. Participants will receive a bonus 5 USDT for every new qualified referee, and the first 50 Team Leaders whose team exceeds a threshold amount in trading volume will be entitled to a 100 USDT bonus.
“As trading volumes overall are climbing, we are seeing so many talented traders in our community with a knack for navigating fast-moving markets. This event gives some of them an incentive to share their passion with their friends, and there is room for rewards for the solo trading pros to shine as well,” said Joan Han, Sales and Marketing Director of Bybit.
Market sentiment and activities have been trending up in recent weeks globally, and the enthusiasm is shared among users in niche markets. While traders rush to capture opportunities in a heated market, the Crypto Titans competition encourages users to bring out the best trading game and hone their trading skills for healthier returns.
Find out more about Bybit’s Crypto Titans: November Showdown, terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 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
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-crypto-titans-november-arena-boasts-55-000-usdt-in-rewards-302307028.html
Fintech PR
Healthcare leaders gather at House of Commons to discuss productivity-boosting tech with MyStaff app
LONDON, Nov. 15, 2024 /PRNewswire/ — Healthcare leaders from 16 NHS trusts gathered at the House of Commons this week to see how Mid and South Essex NHS Foundation Trust is using a groundbreaking new app that transforms staff access to information vital to their patients’ care.
The MyStaff app uses AI and automation to simplify the management of critical policies and procedures, reducing the time staff spend searching for information from almost 10 minutes to under 30 seconds. Over 12,000 of the Trust’s staff have signed up, and around 1,000 are using the app daily.
With £2bn pledged to help digitise the NHS and bring down waiting lists, such time-saving tech is high on healthcare’s agenda. Trust Chief Executive Matthew Hopkins introduced the session, which was hosted by David Burton-Sampson, MP for Southend West and Leigh, and saw technology strategists and users share their experiences of digitising vital healthcare operations.
Matthew said: “Our Trust is working to make the best use of digital technologies wherever this can help staff to provide the best possible care to our patients. MyStaff app is a versatile and easy-to-use tool that improves our governance processes and makes it easy for staff to access the vital clinical information they need when treating patients.”
The Trust developed MyStaff app with digital innovators Diligram, who have created a digital governance solution that helps ensure staff use the latest policies and guidance when delivering patient care. Document compliance rates have grown from 60% to 98%, whilst projections indicate the app could release 55,000 hours’ worth of staff capacity over 3 years, worth almost £4m in staff costs and giving staff more time on patient-facing care.
Diligram CEO Leslie Golding said: “We have worked closely with the Trust on developing groundbreaking technology that supports our healthcare heroes by simplifying access to essential information. We’re proud to be part of this brilliant example of positive digital change.”
Editor’s notes
- Contact: Rob Benson, 07815098560, [email protected]
- Further images, interviews, site visits available
About MyStaff app
The MyStaff app from digital transformation company Diligram is time-saving tech that offers a mobile-first digital corporate governance solution for healthcare providers.
Web: mystaffapp.io
About Mid and South Essex NHS Foundation Trust
MSE is one of the largest Trusts in the country, serving around 1.2million people. Our values are about delivering excellent, compassionate and respectful care.
Web: mse.nhs.uk
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BEIJING, Nov. 15, 2024 /PRNewswire/ — On November 14, 2024, ThunderSoft (Stock Code: 300496), a world leading OS and intelligent device products and technology provider, and HERE Technologies, the leading location data and technology platform, announced a strategic partnership to enhance collaboration in intelligent navigation and high-definition maps. The collaboration aims to support the efficient development of navigation systems, contributing to a more connected and intelligent mobility ecosystem.
The agreement will see both companies maximize their technical strengths and platform resources for comprehensive, multifaceted cooperation. ThunderSoft’s Aqua Drive OS will integrate HERE location data and services, including HERE SDK, HD Map and autonomous driving solutions. These AI-powered elements, create a foundation for developers worldwide to build intelligent system platforms. Additionally, the partnership will deliver tailored intelligent navigation solutions for international markets, addressing the diverse requirements of automotive manufacturers and consumers.
The companies will also collaborate to develop immersive and interactive 3D high-definition mapping solutions by combining HERE’s map data with ThunderSoft’s Kanzi Map engine, establishing a new benchmark in intelligent driving and navigation.
Deon Newman, Senior Vice President and General Manager of HERE Technologies said, “This strategic partnership with ThunderSoft represents a transformative step in delivering on the potential of AI and software-defined vehicles. By uniting our best-in-class location technology with ThunderSoft’s advanced system capabilities, we will together deliver greater insight and intelligence to every journey, empowering our clients to create richer, more personalized experiences for their customers worldwide.”
Hengshang Chang, Executive President and President of SmartVehicle Business Group of ThunderSoft, highlighted the strategic importance of the collaboration, “Our collaboration with HERE holds immense significance. By integrating HERE’s map data and location platform capabilities with ThunderSoft’s pioneering vehicle OS technology, we aim to develop more competitive, globally-oriented intelligent navigation systems for the automotive industry, enabling automakers to achieve accelerated growth.”
About HERE Technologies
HERE has been a pioneer in mapping and location technology for almost 40 years. Today, HERE’s location platform is recognized as the most complete in the industry, powering location-based products, services and custom maps for organizations and enterprises across the globe. Find out how HERE is moving the world forward at here.com.
About ThunderSoft
ThunderSoft, a well-known intelligent operating system products and technologies provider, has been continuously accumulating and innovating in the operating system field, with its business expanding gradually from smart phone to smart vehicle, AIOT and smart industries. Website: https://en.thundersoft.com
View original content:https://www.prnewswire.co.uk/news-releases/thundersoft-partners-with-here-technologies-to-enhance-intelligent-navigation-solutions-302307004.html
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