Day: September 22, 2021

SHANGHAI, China, Sept. 22, 2021 (GLOBE NEWSWIRE) — Four teams with cross-disciplinary expertise in agronomy and computer algorithms were selected for the final round of Pinduoduo’s Smart Agriculture Competition after two days of judging by an international panel of experts. Hamato, TomaGrow, HortiAI and CyberTomato were chosen out of the 15 teams shortlisted for the initial round of presentations last week. The four teams, with 80% of members in their 20s, will now proceed to Pinduoduo’s tomato-growing greenhouse base in Yunnan to implement their respective horticultural proposals over the next six months. Contestants will take a multidisciplinary approach, applying nutrition science, precision farming and other relevant technology to cultivate tomatoes. The winners will be judged on yield, nutritional value, environmental sustainability...

Dongfeng Motor Group and Ambarella Partner on Driver Monitoring System for Yixuan Max Mass-Production VehicleDongfeng Motor Group selected Ambarella’s CV25 AI vision SoC for the Driver Monitoring System (DMS) in its new Dongfeng Fengshen Yixuan Max mass-production Vehicle.SANTA CLARA, Calif., Sept. 22, 2021 (GLOBE NEWSWIRE) — Ambarella, Inc. (NASDAQ: AMBA), an AI vision silicon company, today announced that it partnered with Dongfeng Fengshen (Aeolus), a mid-to-high-end brand of the Dongfeng Motor Group, to build a Driver Monitoring System (DMS) based on Ambarella’s CV25 AI vision SoC and development platform. The first mass-production application of this system is in the Dongfeng Fengshen Yixuan Max, which launched on September 1st. Dongfeng Fengshen is the flagship product from Dongfeng Passenger Vehicles....

Referring to media news about the blocked accounts of JSC Olainfarm, we would like to inform that at the moment this situation has been resolved and the company’s accounts are continuously active. The bank accounts were blocked twice due to, as far as JSC “Olainfarm” believes, unjustified actions of the bailiff, which could have been avoided if the bailiff would have impartially assessed the financial position of JSC Olainfarm. We draw attention to the fact that the actions taken by the previous members of the Supervisory Board of JSC Olainfarm H.Velmers and K.Krastiņš, demanding compensation for dismissal, which was based on the loss of confidence by the majority of shareholders, are fundamentally contrary to the Guidelines of the Ministry of Justice on Good Corporate Governance for Companies in Latvia, which do not support the...

BEIJING, Sept. 22, 2021 (GLOBE NEWSWIRE) — Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced that Mr. Hardy Peng Zhang has tendered his resignation as the Company’s chief financial officer due to personal reasons, effective September 30. The Company has initiated active search and a new chief financial officer will be on board soon. Mr. Zhang will continue to work closely with the Company for next three months as an advisor to facilitate a smooth transition. Dr. Yan Li, Chief Executive Officer of the Company, said, “We would like to thank Hardy for his contributions to the Company over the years. Hardy played a crucial role helping NIU to achieve various key milestones and drive for stronger financial management. We wish him the best with his...

EFECTE PLC — COMPANY ANNOUNCEMENT — 22 September 2021 at 11:00 am Efecte Plc: Information about a competitor’s appeal against the Social Insurance Institution of Finland’s procurement decision Efecte Plc has been informed, that Sofigate Services Oy has filed an appeal to the Finnish Market Court concerning the procurement decision by the Social Insurance Institution of Finland (Kela) to choose Efecte Finland Oy as its provider of service management solutions. Efecte released a stock exchange release concerning the procurement decision on the 7th of September 2021. Sofigate Services Oy has also filed a claim for rectification with the Social Insurance Institution of Finland. The offer made by Sofigate Services Oy came second in the tender. Under the Act on Public Procurement and Concession Contracts, a contracting...

European marketplaces are now worth a combined €685B Fintech-enabled marketplaces have EV/Sales of 6.7x, compared to 5.3x and 4.6x for other marketplaces and financial services, respectively Record investment in online marketplaces (€78B in 2021YTD) means that marketplaces have significant dry powder available to invest Online marketplaces sales now account for 19.5% of all consumer spending, compared to 13.6% in 2019Barcelona and London, 22 September 2021: As consumer spending continues to shift rapidly online, online marketplaces are increasingly integrating fintech solutions to make it easier for consumers to complete purchases online, and also developing new revenue streams, according to a new Adevinta report on fintech-enabled marketplaces in partnership with DealRoom and Speedinvest. Data from our Fintech-enabled Marketplaces...

Enables secure, on-demand remote access to OT applications and systems Delivers Zero Trust OT/IT security approach for office and production networks Improves plant uptime and efficiency with secure remote accessSAN JOSE, Calif., Sept. 22, 2021 (GLOBE NEWSWIRE) — Siemens and Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, are partnering to enable customers to securely access Operational Technology (OT) systems and applications in the production network from the workplace – whether in the office or working remote. These new capabilities enable users to remotely manage and control quality assurance or diagnoses issues. To ensure that the OT network is not exposed to any increased threat potential, Siemens and Zscaler have expanded the “Defense-in-Depth” OT concept secured by a Zero Trust Architecture. Based...