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Year: 2020

Nokia enables China Mobile with enterprise IoT connectivity globally

Press ReleaseNokia enables China Mobile with enterprise IoT connectivity globallyNokia and China Mobile reached a strategic agreement to provide seamless IoT global connectivity services for both China and international customers based on Nokia’s Worldwide IoT Network Grid (WING) managed service, expanding the capability of OneLinkWING’s connectivity management platform delivers real-time visibility for IoT devices and services unfettered by traditional boundaries and limitations20 November 2020Espoo, Finland – Nokia today announced that it has been selected by China Mobile IoT (CMIoT), a wholly-owned subsidiary of the China Mobile Communications Corporation, to ensure delivery of IoT connectivity and services to CMIoT’s customers across China and globally.The partnership will enable CMIoT to expand its international OneLink IoT capabilities,...

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Københavns Kommune indfører F2 til brug for ledelsesbetjening

Fondsbørsmeddelelse nr. 22/2020Københavns Kommune indfører F2 til brug for ledelsesbetjeningKøbenhavn, 23. november 2020cBrain har indgået kontrakt med Københavns Kommune om at levere F2 til brug for ledelsesbetjening i kommunens forvaltninger. Dette omfatter eksempelvis processtyring af godkendelser og mødemateriale, med adgang fra både PC og Mobil. Det letter naturligvis ledelsesbetjeningen i en tid, hvor der arbejdes stadig mere virtuelt. F2 vil blive leveret som en cloud service.Med F2 har cBrain bevist det, som kun få troede var muligt. I tæt samarbejde med en række danske ministerier har cBrain designet og udviklet en fuldt integreret platform, der indeholder alle de funktioner, som myndigheden har brug for i forvaltningen. Klar til drift, uden behov for en masse konsulenttimer til brug for tilretning og specialprogrammering.F2...

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Ruhnn Announces Second Quarter of Fiscal Year 2021 Unaudited Financial Results

HANGZHOU, China, Nov. 23, 2020 (GLOBE NEWSWIRE) — Ruhnn Holding Limited (“ruhnn” or the “Company”) (NASDAQ: RUHN), a leading internet key opinion leader (“KOL”) facilitator in China, today announced its unaudited financial results for the second quarter of fiscal year 2021 ended September 30, 2020.“During the second quarter of fiscal year 2021, following the business transition, our services segment continued to achieve significant organic growth and demonstrated good profitability, as year-over-year services revenue increased 84%, amounting to a 48% contribution to our total net revenue compared to 24% in the same quarter of last fiscal year, and income from operations for services segment reached RMB12.0 million,” stated Mr. Lei Sun, founder, director and Chief Executive Officer of ruhnn. “Our signed KOLs have been further diversified...

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Closing of Ivo Nikkolo flagship store

Baltman OÜ, subsidiary of Baltika AS, has decided to close Ivo Nikkolo brand flagship store on Suur-Karja street.Monthly rent of the store is 10 020 euros and contract is valid till 31.12.2024. The market situation in Tallinn old town has dramatically changed after signing the contract, due to which paying more than twice above the market rate rental cost is no more acceptable. The decision to close the store is due to Baltika Group target to close all non-profitable stores by mid-2021.While as at the end of 2019 Baltika Group had 82 stores, then by the end of October this year it was 66. The expected number of offline stores by mid-2021 is below 40 with a strong focus on omni-channel strategy.Flavio PeriniMember of Management Board, CEOflavio.perini@baltikagroup.com 

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Ivo Nikkolo esinduspoe sulgemine

Baltman OÜ, Baltika AS tütarettevõte, otsustas sulgeda Ivo Nikkolo kaubamärgi esinduspoe Suur-Karja tänaval.      Poelepingu kuine tasu on 10 020 eurot ja lepingu tähtaeg on kuni 31.12.2024. Turusituatsioon on Tallinna vanalinnas lepingu sõlmimise järgselt muutunud, mille tõttu kordades turutingimustest kõrgema rendihinna tasumine ei ole võimalik. Otsus pood sulgeda on seotud Baltika Grupi eesmärgiga sulgeda kõik mitte kasumlikud poed 2021 aasta keskpaigaks.  Kui veel 2019. aasta lõpus oli Baltika Grupi poodide ja kauplusepindade arv 82, siis selle aasta oktoobri lõpu seisuga oli selleks 66. Eeldatavalt kahaneb mitte interneti ehk tavapoodide arv 2021. aasta keskpaigaks alla 40 ja fookus on tugeval omni-kanalite strateegial.Flavio PeriniJuhatuse liige, tegevjuhtflavio.perini@baltikagroup.com 

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GENFIT Announces Final Terms For Proposed Renegotiation of 2022 OCEANE Convertible Bonds

Company proposes to the 2022 OCEANEs holders a partial buyback at €16.40 euros per bond, subject to a €50 million euros buyback amountConversion ratio adjustment from 1: 1 to 1: 5.5; andAdditional amendments of 2022 OCEANEs termsLille (France), Cambridge (Massachusetts, United States), November 23, 2020 – GENFIT (Nasdaq and Euronext: GNFT) a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and chronic liver diseases, today announced the final terms of the partial buyback of its convertible bonds maturing in October 2022 (“2022 OCEANEs” or “OCEANEs”) and the proposed amendment of the existing terms of the 2022 OCEANEs.Objectives for the Proposed Renegotiation of 2022 OCEANE TermsOn November 16, 2020, GENFIT announced its intention to propose a partial buyback of the 2022 OCEANEs, as well as...

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GENFIT : Annonce des termes définitifs du projet de renégociation des obligations convertibles (OCEANEs 2022)

La société propose aux porteurs de ses OCEANEs 2022 un rachat partiel au prix de 16,40 euros par obligation, dans la limite d’un montant de 50 millions d’eurosAjustement du ratio de conversion de 1:1 à 1:5,5Autres modifications des termes des OCEANEs 2022Lille (France), Cambridge (Massachusetts, États-Unis), le 23 novembre 2020 – GENFIT (Nasdaq et Euronext: GNFT), société biopharmaceutique de phase avancée engagée dans l’amélioration de la vie des patients atteints de maladies hépatiques et métaboliques, annonce aujourd’hui les modalités définitives du rachat partiel proposé aux porteurs de ses obligations convertibles en actions venant à échéance en octobre 2022 (« OCEANEs 2022 » ou « OCEANEs ») et de la proposition de modification des termes des OCEANEs 2022.Rappel du rationnel et des objectifs de l’opération proposéeLe 16 novembre 2020,...

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Niu Technologies Announces Third Quarter 2020 Financial Results

— Third Quarter Total volume of e-scooter sales up 67.9% year over year— Third Quarter Revenues of RMB 894.5 million, up 36.7% year over year— Third Quarter Net income of RMB 80.0 million, compared with RMB 66.4 million in the third quarter of last yearBEIJING, Nov. 23, 2020 (GLOBE NEWSWIRE) — Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its financial results for the third quarter 2020.Third Quarter 2020 Financial HighlightsRevenues were RMB 894.5 million, an increase of 36.7% year over yearGross margin was 20.9%, compared with 22.2% in the third quarter of last yearNet income was RMB 80.0 million, compared with RMB 66.4 million in the third quarter of last yearAdjusted net income (non-GAAP)1 was RMB 90.6 million, compared...

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Niu Technologies Announces Changes to Board and Committee Compositions

BEIJING, Nov. 23, 2020 (GLOBE NEWSWIRE) — Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced changes to its board of directors (the “Board”) and committees of the Board. Ms. Jenny Hong Wei Lee has resigned as an independent director from the Board and as the chairperson of the compensation committee of the Board. Ms. Jenny Hong Wei Lee’s resignation did not result from any disagreement with the Company.Mr. John Jinshu Zhang will join the compensation committee as the chairperson. After the changes, the Board will consist of six members, four of whom are independent directors, including Mr. Changqing Ye, Mr. Mei-Wei Cheng, Mr. Julian Juul Wolhardt and Mr. John Jinshu Zhang.About NIUAs the world’s leading provider of smart urban mobility solutions,...

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Danone: Reshaped ‘local-first’ organization: a key step to restore value creation in a COVID-world

  2020 Investor Update EventPress release – Paris, November 23, 2020Reshaped ‘local-first’ organization:a key step to restore value creation in a COVID-worldAll references in this press release to Like-for-like (LFL) changes, Recurring operating income and margin, free cash flow (FCF) correspond to financial indicators not defined in IFRS. Their definitions, as well as their reconciliation with financial statements, are included  in the press release dated 19 October 2020. Emmanuel Faber – Chairman and CEO statement:“The global pandemic has accelerated a number of the patterns of the food revolution and altered others. Among the aspects that are favorable to Danone: the increased perceived relationship between health and food and notably on immunity to which fermented proteins, and probiotics participate but also the accelerated...

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