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Day: April 2, 2021

Li Auto Inc. March 2021 Delivery Update

BEIJING, China, April 02, 2021 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that the Company delivered 4,900 Li ONEs in March 2021, representing a 238.6 % year-over-year increase. This brought deliveries for the first quarter of 2021 to 12,579, up 334.4 % year over year. As of March 31, 2021, the Company had 65 retail stores covering 49 cities, and 135 servicing centers and Li Auto-authorized body and paint shops operating in 98 cities. In response to robust demand for Li ONEs and in anticipation of new model launches in 2022 and beyond, Li Auto plans to further bolster its direct sales and servicing network. About Li Auto Inc. Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures,...

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Franklin Wireless Investigating Battery Issues

SAN DIEGO, April 01, 2021 (GLOBE NEWSWIRE) — Franklin Wireless Corp. (NASDAQ: FKWL), a market leader in broadband data communications, has been notified of reports of battery issues in some of its wireless hotspot devices. The company is working with its battery and device manufacturing partners and carrier customer to determine the cause and extent of the problem. About Franklin Franklin Wireless Corp. (FKWL) is a leader in innovative hardware and software products that support smart tracking and the Internet of Things (IoT), as well as intelligent wireless broadband solutions including mobile hotspots, routers and modems. For more information, please visit www.franklinwireless.com. Safe Harbor Statement: Certain statements in this press release constitute “forward-looking statements” within the meaning of Section 27A of the Securities...

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SEB Reports Results for Fiscal Year 2020

MISSISSAUGA, Ontario, April 01, 2021 (GLOBE NEWSWIRE) — Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) today reports its financial results for the fourth quarter and fiscal year ending November 30, 2020. States John McKimm, President/CEO/CIO of Smart Employee Benefits Inc.:“Adjusted EBITDA and EBITDA improved significantly for the fourth quarter and fiscal, 2020 over the comparable period the previous year. Consolidated gross margin percentage improved by 1.1% from fiscal, 2019. Operating costs including professional fees reduction initiatives led to the year over year improvement in cost structure of approximately $5.125M year over year, 2020 compared to 2019.These savings are expected to be permanent. The fourth quarter was the third straight quarter of positive EBITDA and Adjusted EBITDA. This continued positive...

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