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Month: September 2023

Ranking Top 10% Globally, Linklogis Receives Low Risk ESG Rating from Sustainalytics

Beijing, China, Sept. 15, 2023 (GLOBE NEWSWIRE) — Recently, Linklogis received a “low risk” ESG rating with a score of 14.4 from Sustainalytics, an international authoritative ESG rating agency under Morningstar, ranking in the top 5% within the global software and service industry and the top 10% among global companies. Among 15491 companies rated by Sustainalytics worldwide, Linklogis ranks 1372nd, with a significant improvement in the global and industry rankings compared to the previous year. Morningstar is an authoritative rating agency with independent investment research on global capital markets and funds. Sustainalytics, a subsidiary of Morningstar, is a leading ESG research, ratings and data firm. Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry-specific material ESG risks and how effectively...

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CTS Corporation to Participate in Sidoti Virtual Investor Conference

LISLE, Ill., Sept. 15, 2023 (GLOBE NEWSWIRE) — CTS Corporation (NYSE: CTS) announced today that Kieran O’Sullivan, President and Chief Executive Officer, will be participating at the Sidoti Virtual Small Cap Investor Conference on September 20, 2023, at 2:30 p.m. (EDT). You may access a live webcast of the event using this link or from the Investors section of the CTS Corporation website at www.ctscorp.com. The webcast will also be available for replay on this website for 90 days following the presentation. About CTS CTS Corporation (NYSE: CTS) is a leading designer and manufacturer of products that Sense, Connect and Move. CTS manufactures sensors, actuators and electronic components in North America, Europe and Asia, and provides engineered products to customers in the aerospace/defense, industrial, medical and transportation...

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UTime Ltd. Announces Strategic Partnership Agreement to Supply up to 10,000 Smart Electric Vehicle (EV) Chargers to Subsidiary of Jiuzi Holdings Inc. (NASDAQ: JZXN)

SHENZHEN, China, Sept. 15, 2023 (GLOBE NEWSWIRE) — United Time Technology Co. Ltd, an entity controlled via contractual agreement by UTime Ltd. (NASDAQ:WTO; the “Company” or “WTO”) signed a strategic partnership agreement on September 12, 2023 to design, assemble and supply up to 10,000 new smart EV chargers to Shenzhen Jiuzi XinNeng Holding Group Co., Ltd. (“Jiuzi”), an indirect subsidiary of Jiuzi Holdings, Inc. (NASDAQ: JZXN) from 2024 to 2027. The parties aim to deploy the chargers to provide more convenient and efficient charging solutions for electric vehicle users in third and fourth-tier cities in China. This cooperation is expected to leverage the advantages of both parties in technology, service and marketing to inject new impetus into the sustainable development of the electric vehicle industry chain and...

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EPOW Announces Its Partner Company Graphite One Awarded $37.5m From US Government

ZIBO, China, Sept. 15, 2023 (GLOBE NEWSWIRE) —  Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that  Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (“Graphite One”), a partner of Sunrise, was awarded $37.5 million from US government. Sunrise and Graphite One has started cooperation since April 2022, when Graphite One plans to build a supply chain of graphite materials in the U.S., which is proposed to consist of a manufacturing facility producing anode and other graphite-based products using natural graphite from a graphite deposit site near Nome, Alaska, and Sunrise is invited to assist in the design, construction and operation of the proposed manufacturing facility. In April 2022, both parties signed a memorandum of understanding (“MOU”) to share expertise...

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Constellation Software’s Perseus Group Completes Acquisition of Black Knight’s Empower and Optimal Blue Businesses

TORONTO, Sept. 15, 2023 (GLOBE NEWSWIRE) — Constellation Software Inc. (“Constellation”) (TSX: CSU) announced today that its Perseus operating group (“Perseus”) completed the acquisition of the Optimal Blue business and the Empower loan origination system (LOS) business from Intercontinental Exchange, Inc. (NYSE: ICE) and Black Knight, Inc. “We have been looking forward to this day to announce that the Empower and Optimal Blue businesses are joining our group,” said Scott Smith, Co-President of the Romulus Group of Perseus. “We are excited for the opportunity to work with Rich Gagliano and his entire team as they join us to lead the Empower business and with Kevin McMahon and his entire team as they join us to lead the Optimal Blue business.   These teams have a proven track record of delivering innovation and leadership with their...

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Essential Energy Services to be Acquired by Element Technical Services

CALGARY, Alberta, Sept. 15, 2023 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) announces that it has entered into a definitive amalgamation agreement (the “Amalgamation Agreement”) with Element Technical Services Inc. (“Element”) under which Element, through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Essential (each, an “Essential Share”) for a purchase price of $0.40 per Essential Share, payable in cash (the “Consideration”). Element is a privately held entity that has fracturing and coiled tubing operations in western Canada and the United States. Garnet Amundson, President and CEO of Essential commented, “We have successfully led Essential and its predecessor entities through almost two decades of turbulent oilfield service industry...

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Progressive Reports August 2023 Results

MAYFIELD VILLAGE, OHIO, Sept. 15, 2023 (GLOBE NEWSWIRE) —  The Progressive Corporation (NYSE:PGR) today reported the following results for August 2023:  August(millions, except per share amounts and ratios; unaudited) 2023   2022   ChangeNet premiums written $4,743.8   $4,081.1   16 %  Net premiums earned $4,599.2   $3,835.4   20 %  Net income $147.6   $119.7   23 %  Per share available to common shareholders $0.25   $0.20   23 %  Total pretax net realized gains (losses) on securities $(80.6)   $(175.4)   (54) %  Combined ratio 97.2   93.6   3.6 pts.Average diluted equivalent common shares 587.5   587.2   0 %     August(thousands; unaudited) 2023   2022   ChangePolicies in Force          Personal Lines          Agency – auto 8,377.0   7,606.0   10 %  Direct – auto 11,150.8   9,730.3   15...

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Vivoryon Therapeutics N.V. Extraordinary General Meeting Approved Appointment of New Executive Directors to the Board

Vivoryon Therapeutics N.V. Extraordinary General MeetingApproved Appointment of New Executive Directors to the BoardHalle (Saale) / Munich, Germany, September 15, 2023 – Vivoryon Therapeutics N.V. (Euronext Amsterdam: VVY; NL00150002Q7) (Vivoryon, or the Company), a clinical stage company focused on the discovery and development of small molecule medicines to modulate the activity and stability of pathologically altered proteins, held its Extraordinary General Meeting (EGM) today at 1:00 p.m. (CEST). The shareholders approved all items on the agenda of the meeting, including the appointment of Frank Weber, MD, and Anne Doering, CFA, to the Company’s Board as executive directors. All documents relating to the EGM are available on the Company’s website (https://www.vivoryon.com/2023-extraordinary-general-meeting/).###About Vivoryon...

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Aberdeen International Inc. (TSX: AAB, FR: A8H, OTC: AABVF) Reports Results for the Three and Six Months Ended July 31, 2023

Total investment loss of $3.0 million and $6.9 million for the three and six months ended July 31, 2023, comprised of realized losses on investments of $2.1 million and $2.4 million and unrealized loss on investments of $0.9 million and $4.5 million for the respective three and six month periods. As at July 31, 2023, Aberdeen’s shareholders’ equity was $20.9 million, or $0.14 per basic share Investments in clean energy inputs and technologies such as Ammpower Corp. and Consolidated Lithium Metals Inc. continue to be core to Aberdeen’s strategyTORONTO, Sept. 15, 2023 (GLOBE NEWSWIRE) — Aberdeen International Inc. (“Aberdeen” or the “Company”) (TSX: AAB, F: A8H, OTC: AABVF) is pleased to announce that it has released its financial results for the three and six months ended July 31, 2023. For the three and six months...

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BW Offshore: Sale of Abo FPSO for USD 20 million

Sale of Abo FPSO for USD 20 million BW Offshore has today closed the transaction for the sale of Abo FPSO to STAC Marine Offshore Limited, a member of the Nigerian Transport Group (STAC) for USD 20 million. As part of the transaction, BW Offshore has entered into a bareboat charter with STAC to allow for uninterrupted operations for the client during a transition period of maximum two months. Upon expiry of the bareboat charter, STAC will assume responsibility for operations of the unit. Originally recognised as the “Gray Warrior”, a Suezmax tanker constructed in 1976, the vessel underwent conversion at Keppel Shipyard before beginning its operations in April 2003. Abo FPSO has now reached a commendable milestone, having completed two decades of service on the Abo field. This achievement underscores its enduring contribution...

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