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Month: May 2021

Li Auto Inc. Announces Unaudited First Quarter 2021 Financial Results

Quarterly total revenues reached RMB3.58 billion (US$545.7 million)1Quarterly deliveries were 12,579 vehiclesQuarterly gross margin reached 17.3% BEIJING, May 26, 2021 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced its unaudited financial results for the first quarter ended March 31, 2021. Operating Highlights for the First Quarter of 2021Deliveries of Li ONEs were 12,579 vehicles in the first quarter of 2021, representing a 334.4% year-over-year increase.    2020 Q1   2020 Q2   2020 Q3   2020 Q4   2021 Q1                           Deliveries   2,896   6,604   8,660   14,464   12,579As of March 31, 2021, the Company had 65 retail stores covering 49 cities and 135 servicing centers and Li Auto-authorized body and paint...

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Wendel extends its bond debt maturities

PRESS RELEASE – 05/26/2021 Wendel extends its bond debt maturitiesLaunch of a €300 million 10-year bond issue Subsequent redemption of the bond maturing in April 2023 with outstanding principal of €300 millionWendel is launching today a €300 million issue of 10-year bonds (the “Bond Issue”). Subject to the successful completion of the Bond Issue, Wendel will fully exercise the make-whole redemption provision, at a price determined in accordance with the terms and conditions of the bonds, on the bond bearing interest at 1.000% and maturing in April 2023, with outstanding principal amount: €300 million (ISIN FR0013213709). The 2023 bond is traded, and the new 2031 bond will be traded, on the regulated market of Euronext Paris. These two transactions will enable Wendel to extend its debt maturity profile. Results...

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Proactive news headlines including Walkabout Resources, Antipa Minerals, Creso Pharma and SenSen Networks

Sydney, May 26, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Animoca Brands, through its acquisition of Helix Accelerator, has entered into an agreement with Hedera Hashgraph to develop two distributed ledger-based gaming projects. Click here Walkabout Resources Ltd (ASX:WKT) (FRA:N6D) has been accepted into the European Raw Materials Alliance (ERMA), a membership, which aligns with the company’s commitment to improve the resilience of critical supply chains and energy security. Click here Venture Minerals Limited (ASX:VMS) (OTCMKTS:VTMLF) has commenced drilling at Mount Lindsay on the high priority tin target delineated along strike to the high-grade Renison Bell Tin Mine, one of the world’s largest and highest...

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Company Announcement 9/2021

May 26, 2021 NORDIC SHIPHOLDING A/SCompany Announcement: 09/2021 Published via NASDAQ OMX on May 26, 2021Q1 Result 2021SummaryThe comparison figures for the period ended 31 March 2020 are stated in parenthesis. The first quarter of this year saw the Group performed poorly as the Time Charter Equivalent (“TCE”) rates were largely depressed due to low tonnage demand caused by the COVID-19 pandemic coupled with excessive tonnage in the market. As a result, the average daily TCE rate earned in Q1 2021 by the five vessels was 61% lower than the average daily TCE rate earned in Q1 2020. For the 3 months ended 31 March 2021, the Group incurred a loss after tax of USD 1.5 million (including a one-off impairment loss of USD 0.2 million on the vessels), compared to a profit after tax of USD 3.6 million for the same period last year. The significant...

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Reliq Health Technologies, Inc. Announces that it has Resumed Onboarding at Remote Health Clinics and Federally Qualified Health Centers as US COVID Cases Drop

HAMILTON, Ontario, May 26, 2021 (GLOBE NEWSWIRE) — Reliq Health Technologies Inc. (TSXV:RHT or OTC:RQHTF or WKN:A2AJTB) (“Reliq” or the “Company”), a rapidly growing global telemedicine company that develops innovative Virtual Care solutions for the multi-billion dollar Healthcare market, today announced that it has resumed onboarding with Rural Health Clinics and Federally Qualified Health Centers thanks to the significantly reduced COVID numbers in the US. “Remote Health Clinics (RHCs) and Federally Qualified Health Centers (FQHCs) were on the front lines during the pandemic, providing COVID testing, treatment, and more recently serving as COVID vaccination sites for local communities,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies. “There are over 4,500 RHCs and FQHCs across the US. Remote Health Clinics provide primary...

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US stock market wraps up lower; indexes records 3rd day on losing streak

So much data has been digested about the economic recovery going underway, as well as the price increase for consumers and producers. These further gave the investors the reason to stay away from growth stocks such as technology since they are the first ones to take the hit in case that inflation breaks out. Even cryptocurrencies are affected, as a sell off happened right after bitcoin (BTC-USD) sank to lower than $38,000 which is its lowest since February, along with ethereum (ETH-USD) sliding down to $3,800. Equity market leaders are trying find the balance between value and cyclical shares and tech stocks, as traders are considering the possibility of a strong rebound from the economic activities. Not only that, they also still fear the possibility that the surge in activity would generate unexpected inflation that would weigh down...

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Stocks still on a rollercoaster path; gains intraday lost and wrapped on declines

NASDAQ made gains on the early part of the session, only to lose them and join the other two, namely S&P 500 and Dow, on their journey south. The current drive for the market remains to be the fear for inflation, which makes investors to ease up on growth stocks such as technology, making its performance similar to a rollercoaster ride – steep gains and losses. Relatively speaking, the information technology sector has been going slow this year as it only increased by 3.4% year to date, compared to its performance last year where it was the leading sector out of the 11 sectors. Now it is coming out as the worst performer as of May of 2021, and traders are still expecting the tech stock to continue the current performance for the next 4-6 weeks as it is still stabilizing after being put under pressure by the inflation data. NASDAQ...

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Premium DeFi Protocol from RedFOX Labs Now Live on Binance Smart Chain

Singapore, May 25, 2021 — Following months of hard work from the team at RedFOX Labs the RFOX.Finance protocol has finally entered the BSC ecosystem, promising to revolutionize the way users interact with the project. Open for Business The launch on BSC means holders of $VFOX, the platform’s native token, will now be able to distribute the token quickly and easily, and that token holders can now participate in farming and staking the token, although this is not mandatory. All holders of $VFOX will be eligible for rewards generated from RedFOX Lab’s new RVOX VALT project. Binance Smart Chain ecosystem projects have exceeded a total value locked of over USD $50 billion. RedFOX Labs has recognized the growth potential in this ecosystem and has completed the launch of their own DeFi products. Security is a Priority To support the move...

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Enjoy Quick Approval for Unsecured Personal Loan

An unsecured personal loan is the first thing that comes to mind when we are in need of funds. Whether you need to pay for the home renovation, have medical bills or an emergency. You do not need to use the emergency fund and can apply for a loan instead. The loan is one of the most common forms of borrowing and is widely popular because it does not require hypothecation of any asset. You can apply for the loan even if you do not own an asset. Hero FinCorp is a renowned lender in the industry who offers the loan at low interest and flexible repayment terms. Hero FinCorp has built a strong presence across the length and breadth of the country and strives to help individuals in distress. The lender is one of the most trusted in the industry and helps individuals turn their dreams into a reality. To apply for an unsecured loan, you need to...

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Agricultural robotics company Ekobot selected Scanfil as an industrialisation partner

Erik Jonuks CEO Ekobot AB (publ)Erik Jonuks CEO Ekobot ABEkobot imageEkobot in a field.Scanfil plc                Press release        26 May 2021 at 10.00 a.m. Agricultural robotics company Ekobot selected Scanfil as an industrialisation partner Ekobot AB develops Autonomous Field Robots for Mechanical Weed Control. Ekobot robots significantly reduce the need for chemical control of weed with herbicides i.e., weed killers. It helps farmers to reduce the chemical load of the environment and manual workload. For the industrialisation of their flagship product, Ekobot Gen III, they selected Scanfil as their partner. ”We looked carefully into potential design and manufacturing partners and selected Scanfil Åtvidaberg due to their strong track-record in industrialisation processes,” says Erik Jonuks, CEO...

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