Fintech PR
Remarkable Announcement on Significant Fluctuation of the UTime’s Share Price
SHENZHEN, China, Aug. 29, 2024 /PRNewswire/ —
Dear Investors, Analysts and Media:
Recently, UTime Ltd (“UTime”) has experienced a period of unusual share price volatility in the capital markets. As a responsible company, we understand the concerns of market participants about such situations and believe that it is necessary to provide the public with transparent and formalized information in this regard.
First of all, the Board of Directors and management of the Company are highly concerned about the recent unusual volatility in the share price. We are working closely with the relevant authorities to ensure that all disclosures comply with regulatory requirements and to protect the interests of investors. Currently, the Company is operating normally and there has not been any event affecting the Company’s fundamentals. And we have recently announced that we have formally entered the medical industry, entered into cooperation with renowned medical expert Dr. Ehud Baron and authoritative trial organizations, and plan to acquire a laboratory focusing on the development of monkeypox vaccine.
Secondly, we have noticed various speculations and rumors about the Company in the market, and would like to solemnly declare that, unless released through official channels, please do not believe in unconfirmed news. The Company will remain committed to creating value for shareholders and maintaining stable business growth.
In response to this share price volatility, the Company has initiated an internal investigation process to determine whether there is any leakage of undisclosed information or other factors that may affect the share price, and may engage lawyers to initiate a short-selling investigation process as necessary. Meanwhile, we will strengthen communication with investors to ensure the fairness and transparency of the market.
Finally, the Company calls on all investors to remain rational and not to be swayed by short-term market sentiment. We promise that once there is any new progress or information to be announced, we will notify you at the first time through formal channels.
Thank you for your understanding and support. The Company will continue to monitor the situation and provide updated information as necessary. Please stay tuned to our official announcement.
About UTime Limited
UTime Limited, established in 2008, provides cost-effective mobile devices to consumers globally and helps low-income individuals from established markets, including the United States, and emerging markets, such as India and countries in South Asia and Africa, have better access to updated mobile technology. Since 2024, UTime has been committed to transforming health and wellness through innovative medical wearable technologies. By leveraging cutting-edge research and strategic partnerships, UTime aims to provide effective solutions for disease prevention and health management on a global scale. For more information, visit the Company’s website at http://www.utimeworld.com/.
Forward-Looking Statements
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors discussed in the “Risk Factors” section of the Company’ annual report on Form 20-F filed with the U.S. Securities and Exchange Commission on July 30, 2024. Any forward-looking statements contained in this press release speak only as of the date hereof, and the Company specifically disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information, please contact:
Eaky Tan
[email protected]
View original content:https://www.prnewswire.co.uk/news-releases/remarkable-announcement-on-significant-fluctuation-of-the-utimes-share-price-302234287.html
Fintech PR
Promoting Taiwan’s Higher Education: Delegation Participates in the 2024 EAIE Conference in France
TAIPEI, Sept. 18, 2024 /PRNewswire/ — The European Association for International Education (EAIE) held its 2024 annual conference in Toulouse, France from September 17 to 20. Dr. Cheng-Chih Wu, chairperson of the Foundation for International Cooperation in Higher Education of Taiwan (FICHET), led a delegation of more than 50 participants from 21 universities to participate in the conference. Mei-Chen Lu, Education Division Director of the Taipei Representative Office in France, along with Lih-Tien Hsu, secretary of the Education Division, welcomed the delegation and discussed opportunities for research and education cooperation in France.
Wu stated that this year marked the 34th anniversary of the EAIE Conference and Exhibition, a quintessential higher education event in Europe. This year’s theme was “En route!” (French for “Go!”), a powerful call to educators from all over the world. The conference saw more than 6,500 representatives from universities and research institutions participating in more than 240 events.
According to Wu, Taiwan is a key partner of the European Union in Asia, with close cooperation in the areas of human rights, gender equality, social issues, climate change, education, and cultural events. In 2023, Taiwan’s Ministry of Education (MOE) launched a program that aims to boost enrollment and retention of international students, with a five-year budget of USD160 million. Under this program, the University Academic Alliance in Taiwan, formed by 12 Taiwanese universities, will seek to strengthen partnerships with five university alliances in Europe, the U.S., and Japan. Through the Horizon Europe initiative and the Jean Monnet Project, Taiwan and the EU forge strong partnerships for international research.
MOE statistics shows nearly 7,300 European students are studying in Taiwan in 2024, with more than 80% of them coming from EU member states, and more than 10,000 Taiwanese students studying in Europe, with most of them also in EU member states. This shows that the education exchanges and talent mobility between Taiwan and the EU have been robust and will continue to flourish.
To strengthen education partnership between Taiwan and France, the two countries have adopted a multi-faceted approach that includes the annual Taiwan-France Educational Cooperation Meeting, the Taiwan-France Higher Education Leaders Forum, the Taiwan Studies Project, as well as inking more cooperation agreements and implementing language teaching assistants exchange program, and these programs have yielded remarkable results. This year (2024), France is the European country that has the most students studying in Taiwan, with more than 1,700 students in Mandarin language programs and exchange programs.
During the conference, FICHET organized a Taiwan Night networking event at Hotel NH Toulouse Airport on the evening of September 18. Representatives of the 21 Taiwanese universities and their partner universities attended the dinner, amounting to about 100 attendees. Discussion was lively at the event and revolved around forming multilateral partnerships and strengthening educational cooperation.
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View original content:https://www.prnewswire.co.uk/news-releases/promoting-taiwans-higher-education-delegation-participates-in-the-2024-eaie-conference-in-france-302251711.html
Fintech PR
Indonesian Handcrafted Textiles/WASTRA Are Once Again Making a Global Impact Through Refined Modest Fashion
PARIS, Sept. 18, 2024 /PRNewswire/ — Bank Indonesia continues to support inclusive and sustainable economic growth through various Islamic Economic and Financial Development Programs (EKSYAR). This notion is a part of Indonesia’s efforts to become the world’s modest fashion Mecca, in line with Indonesia’s vision of becoming the world’s leading halal producer center as stated in the Indonesia Halal Industry Masterplan (MPIHI).
Bank Indonesia noted that the export value of modest fashion commodities during the period January to July 2024 reached USD632.76 million, or an annual increase of 3.38%. Supporting these efforts, Bank Indonesia is synergizing with the Indonesian Ministry of Cooperatives and SMEs, the Indonesia Fashion Chamber (IFC) and the Embassy of the Republic of Indonesia in Paris at the Indonesia International Modest Fashion Festival (IN2MF).
The IN2MF is integrated with the global trade fair Who’s Next on September 8-10, 2024 at the Porte de Versailles, Paris. This event features wastra-based fashion with sustainable principles and manners competing in the global market.
Deputy Governor of Bank Indonesia, Juda Agung, expressed as fashion with a polite appearance is not only a trend, but a global movement that reflects elegance, dignity, and cultural pride which in harmony with Indonesian values. Deputy Governor Juda advices the contribution of the modest fashion industry is needed to be strengthened in supporting the economy in the global market. Indonesia’s achievement has been ranked third in the modest fashion industry in the State of the Global Islamic Economy 2023 report. Going forward, Bank Indonesia together with strategic partners will continue to support IN2MF in penetrating the global market and promote Indonesian wastra.
On the same occasion, a breakthrough promotion of Indonesia’s modest fashion products in the global scale was made through the signing of a cooperation agreement between the IKRA Council and Printemps Paris. This collaboration will strengthen the exposure of IKRA’s fostered products sold at the Printemps shopping center in Paris.
IN2MF Paris is a series to the peak of IN2MF on October 30 – November 3, 2024 in Jakarta in conjunction with the 11th Indonesia Sharia Economic Festival (ISEF) in 2024. This year, IN2MF has been held in several cities around the world, namely Kuala Lumpur, Dubai, and Istanbul. IN2MF Paris also displayed well-known Indonesia designers including Itang Yunaz, Wignyo, and Dian Pelangi.
IN2MF Paris Fashion Show Photos and Video 2024
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View original content:https://www.prnewswire.co.uk/news-releases/indonesian-handcrafted-textileswastra-are-once-again-making-a-global-impact-through-refined-modest-fashion-302251710.html
VILNIUS, Lithuania, Sept. 18, 2024 /PRNewswire/ — BingX Charity, the philanthropic arm of the global leading cryptocurrency exchange BingX, has donated 400 million VND to aid recovery efforts in northern Vietnam following Typhoon Yagi. This typhoon is the strongest to hit the country in three decades, causing widespread destruction and leaving hundreds dead or missing and thousands displaced.
In the immediate aftermath of the disaster, BingX launched a donation campaign on September 12, 2024, committing 400,000,000 VND to the Vietnam Fatherland Front Central Committee. This donation was aimed at providing crucial aid to those affected by the typhoon and subsequent floods and landslides. BingX’s donation campaign, together with the generous contributions from the public, has been vital in providing immediate relief to those affected by the catastrophe. The funds will help rebuild communities, restore infrastructure, and deliver essential supplies to families who have lost their homes and livelihoods.
As part of BingX’s commitment to helping the victims of Typhoon Yagi, the exchange also introduced a donation-matching initiative. For every 1,000 VND donated by the public to the Vietnam Fatherland Front Central Committee, BingX matched the amount. This initiative, which concluded on September 17, significantly increased total financial support, bringing the combined contribution to 1 billion VND. This includes 600 million VND raised through the matching program and 400 million VND from BingX’s initial donation.
In addition to those efforts, BingX will also organize a charity program on September 18 in the spirit of solidarity and sharing. The event will take place in Nam Khap Ngoai village and Trung Do village, Bao Nhai commune, Bac Ha district, Lao Cai province, where 230 charity gifts will be distributed to the people of the region. This area, still facing numerous challenges after Typhoon Yagi, is difficult to access due to its rugged terrain, limiting relief efforts. The charity gifts, including essential necessities, are prepared based on the recommendations of the local government to ensure they meet the actual needs of the community. BingX hopes that this program will provide not just material support, but also foster faith and hope, encouraging the local people to overcome their current difficulties. This aims to spread the spirit of mutual love and light the flame of humanity in these trying times.
Reflecting on these, Vivien Lin, Chief Product Officer at BingX, stated, “We were deeply moved by the overwhelming response from our community during this campaign. At BingX, we believe in leveraging our platform to bring about positive change, and this initiative allowed us to stand alongside the people of northern Vietnam in their time of need. We hope our contributions, combined with those from generous donors, will have a lasting impact on recovery efforts.”
BingX remains committed to supporting global communities in times of crisis, and the company extends its gratitude to all those who participated in this vital campaign. The cryptocurrency exchange believes that through collective efforts, we can continue to build resilience in vulnerable regions and stand ready to offer assistance wherever and whenever it’s needed most.
About BingX
Founded in 2018, BingX is a leading cryptocurrency exchange serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became Chelsea FC’s principal partner, marking an exciting debut in the world of sports.
For more information please visit: https://bingx.com/
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View original content:https://www.prnewswire.co.uk/news-releases/bingx-provides-1-billion-vnd-aid-to-support-vietnam-from-impacts-of-typhoon-yagi-302251706.html
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