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Year: 2023

LIZHI INC. to Report Third Quarter 2023 Financial Results on Wednesday, November 29, 2023

– Earnings Call Scheduled for 8:00 p.m. ET on November 29, 2023 – GUANGZHOU, China, Nov. 21, 2023 (GLOBE NEWSWIRE) — LIZHI INC. (“LIZHI” or the “Company”) (NASDAQ: LIZI), an audio-based social and entertainment platform, today announced that it will report its third quarter 2023 unaudited financial results on Wednesday, November 29, 2023, after the close of U.S. markets. The Company’s management will host an earnings conference call at 8:00 p.m. U.S. Eastern Time on November 29, 2023 (9:00 a.m. Beijing/Hong Kong Time on November 30, 2023). For participants who wish to join the call, please access the link provided below to complete online registration 20 minutes prior to the scheduled call start time. Upon registration, participants will receive details for the conference call, including dial-in numbers, a personal...

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NIO Inc. to Report Third Quarter 2023 Financial Results on Tuesday, December 5, 2023

SHANGHAI, China, Nov. 21, 2023 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its third quarter 2023 unaudited financial results on Tuesday, December 5, 2023, before the open of the U.S. markets. The Company’s management will host an earnings conference call at 7:00 AM U.S. Eastern Time on December 5, 2023 (8:00 PM Beijing/Hong Kong/Singapore Time on December 5, 2023). A live and archived webcast of the conference call will be available on the Company’s investor relations website at https://ir.nio.com/news-events/events. For participants who wish to join the conference using dial-in numbers, please register in advance using the link provided below and dial in 10 minutes prior...

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iQIYI Announces Third Quarter 2023 Financial Results

BEIJING, Nov. 21, 2023 (GLOBE NEWSWIRE) — iQIYI, Inc. (Nasdaq: IQ) (“iQIYI” or the “Company”), a leading provider of online entertainment video services in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 HighlightsTotal revenues were RMB8.0 billion (US$1.1 billion1), increasing 7% year over year. Operating income was RMB746.7 million (US$102.4 million) and operating income margin was 9%, compared to operating income of RMB309.7 million and operating income margin of 4% in the same period in 2022. Non-GAAP operating income2 was RMB894.9 million (US$122.7 million) and non-GAAP operating income margin was 11%, compared to non-GAAP operating income of RMB524.3 million and non-GAAP operating income margin of 7% in the same period in 2022. Net...

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InterDigital’s Alain Mourad Elected Chair of New ETSI Industry Specification Group on Integrated Sensing and Communications (ISAC)

The ETSI group comprised of industry, government, and academia will perform research and standards readiness for ISAC, an early 6G technology WILMINGTON, Del., Nov. 21, 2023 (GLOBE NEWSWIRE) — InterDigital, Inc. (Nasdaq: IDCC), a mobile and video technology research and development company, today announced that Dr. Alain Mourad, Head of InterDigital’s Wireless Lab Europe, has been elected Chair of the ETSI’s newly developed Industry Specification Group (ISG) on Integrated Sensing and Communication (ISAC). The election was held at the inaugural ETSI ISAC ISG meeting on November 17, which also saw the election of vice chairs Dr. Ayman Naguib from Apple, Dr. Richard Stirling Gallacher from Huawei, and Prof. Henk Wymeersch from Chalmers University. More than 80 representatives from across industry and academia participated in the kickoff...

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Multitude presents an update on future strategy and targets for profitable growth until 2026

Multitude presents an update on future strategy and targets for profitable growth until 2026Expansion of market positions through consistent use of FinTech megatrends such as big data, artificial intelligence and machine learning   Multitude’s FinTech platform to be expanded further, new ‘Corporate Banking’ tribe launched  Net profit to increase 2.5-fold to EUR 30 million by 2026Helsinki, 21 November 2023 – Multitude SE, a fully regulated international growth platform for financial technology (ISIN: FI4000106299, WKN: A1W9NS), has defined its targets for continued profitable growth until 2026. Accordingly, the company plans to expand its market position through the consistent use of FinTech megatrends such as big data, artificial intelligence and machine learning. The Multitude FinTech platform is to be expanded further...

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Form 8.5 (EPT/RI) – Velocys Plc

FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)        Name of exempt principal trader: Shore Capital Stockbrokers Ltd(b)        Name of offeror/offeree in relation to whose relevant securities this form relates:         Use a separate form for each offeror/offeree Velocys Plc(c)        Name of the party to the offer with which exempt principal trader is connected: Velocys Plc(d)        Date dealing undertaken: 20 November 2023(e)        Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? No2.        DEALINGS BY THE EXEMPT PRINCIPAL TRADER (a)        Purchases and salesClass of...

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Form 8.5 (EPT/RI) – musicMagpie Plc

FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)        Name of exempt principal trader: Shore Capital Stockbrokers Ltd(b)        Name of offeror/offeree in relation to whose relevant securities this form relates:         Use a separate form for each offeror/offeree musicMagpie Plc(c)        Name of the party to the offer with which exempt principal trader is connected: musicMagpie Plc(d)        Date dealing undertaken: 20 November 2023(e)        Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? No2.        DEALINGS BY THE EXEMPT PRINCIPAL TRADER (a)        Purchases and salesClass...

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INVL Renewable Energy Fund I signs EUR 25 million loan agreement with Kommunalkredit for construction of solar power plants in Romania

The INVL Renewable Energy Fund I, which is managed by INVL Asset Management and invests in renewable energy projects, signed an agreement with Kommunalkredit Austria AG (Kommunalkredit) on a loan of EUR 25 million. The proceeds of the loan will be used to finance the construction of solar power plants with 51 megawatts (MW) capacity in Romania. “We see Romania as a very rapidly emerging European Union (EU) market that is heavily focused on renewable energy projects. We believe the fund’s investments in more renewable electricity production capacity will contribute greatly to reducing emissions and increasing energy security in Romania,” says Liudas Liutkevičius, Managing Partner of the INVL Renewable Energy Fund I. Overall, the fund is investing in 8 projects for solar power plants in Romania with a combined capacity of 451 MW. The total...

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Alba Bank adopts nCino Cloud Banking Platform for SME lending

UK’s newest challenger bank dedicated to supporting SMEs to be powered by nCino’s single platform LONDON and GLASGOW, Nov. 21, 2023 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that Alba Bank (Alba) has made a significant step towards supporting the UK’s small- and medium-sized businesses (SMEs) by adopting the nCino Cloud Banking Platform. As a secure cloud-based solution, the nCino Cloud Banking Platform will help to ensure Alba has a streamlined end-to-end lending process from loan application to fund disbursement. As Alba grows and evolves, it will offer a scalable, cutting-edge SME lending framework which complements its commitment to providing quick lending decisions. Integrating with Alba’s core banking engine, the nCino platform will...

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First nine months 2023 interim report: all time high investments, start of construction of the largest onshore wind farm in the Baltics, and final investment decision taken for the largest solar portfolio in the Baltics

AB “Ignitis grupė” (hereinafter – the Group) publishes its first nine months 2023 interim report, which is attached to this notice, and announces that the Group’s Adjusted EBITDA amounted to EUR 345.3 million and decreased by 3.3% YoY, driven by lower captured electricity prices. Additionally, the Customers & Solutions segment’s result decreased due to lower supply volumes, which were driven by the decreased consumption. The Adjusted EBITDA decrease was partly offset by better result of the Reserve Capacities business segment, which was driven by a utilised option to earn additional return in the market on top of the regulated return by fixing positive forward clean spark spread, and better result of the Networks segment, which increased mainly due to higher RAB. The Green Generation segment remains the largest contributor to Adjusted...

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