Industry News

Hello Group Inc. Announces Effectiveness of Name Change

BEIJING, Aug. 2, 2021 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) (the "Company"), a leading mobile social and entertainment platform inChina, today announced that it has changed its name from "Momo Inc." to "Hello Group Inc.," effectiveAugust 2, 2021. The American depositary shares of the Co...

2021-08-02 15:10 5610

LISCure Biosciences Announces Know-How License Agreement and Stock Purchase Agreement with Mayo Clinic

SEOUL, South Korea, Aug. 1, 2021 /PRNewswire/ -- LISCure Biosciences, Inc. ("LISCure") has entered into a know-how license and development collaboration agreement, and stock purchase agreement with Mayo Clinic to advance LISCure's microbiome therapeutics in non-alcoholic steatohepatitis (NASH). ...

2021-08-02 11:11 1949

BEST Inc. Partners with Cainiao to Launch Cross-border Logistics Services from China to Thailand, Vietnam and Cambodia

HANGZHOU, China, Aug. 1, 2021 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina, today launched its full-chain, direct logistics service to ship parcels fromChina to Thailand, Vietnam and Cam...

2021-08-02 10:30 6241

Ever-Glory Announces $5 Million Stock Repurchase Program

NANJING, China, Aug.1, 2021 /PRNewswire/ -- Ever-Glory International Group, Inc. (the "Company" or "Ever-Glory") (NASDAQ: EVK), a retailer of branded fashion apparel and a leading global apparel supply chain solution provider, today announced that its Board of Directors has authorized a stock rep...

2021-08-02 10:00 5811

MissFresh Launches in Ningbo, Adding 17th City as National Expansion Gains Pace

NINGBO, China, July 31, 2021 /PRNewswire/ -- MissFresh Limited ("MissFresh" or the "Company") (NASDAQ: MF), an innovator and leader inChina's neighborhood retail industry, has launched its Distributed Mini Warehouse-supported fast home delivery operations inNingbo, off...

2021-08-01 11:00 7775

LG Energy Solution gets ambitious with ESG vision

* LG Energy Solution aims to achieve carbon neutral by 2050; convert to 100% renewable energy in its global business operations by 2030. * Leading battery manufacturer boasts efforts to lead sustainable future and declares ESG vision "We CHARGE toward a better future." * "ESG management is a...

2021-08-01 08:00 3236

TAL Education Group Cancels Scheduled Earnings Release and Earnings Call

BEIJING, July 30, 2021 /PRNewswire/ -- TAL Education Group ("TAL" or the "Company") (NYSE: TAL), a leading K-12 after-school tutoring services provider inChina, today announced that in light of the recent regulatory developments, it will cancel the earning release for the first quarter of fisc...

2021-07-31 06:00 16917

New Oriental Education & Technology Group Inc. Cancels Scheduled Earnings Release and Earnings Call

BEIJING, July 30, 2021 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), the largest provider of private educational services inChina, today announced that in light of the recent regulatory developments, it will cancel the...

2021-07-31 06:00 17401

Sparrow introduces Sparrow Cloud, the new application security & quality testing as a service at "Black Hat USA 2021"

LAS VEGAS, July 30, 2021 /PRNewswire/ -- Sparrow Co., Ltd, the leader in application security testing, announced onJuly 29 its participation in "Black HatUSA 2021." Sparrow hosts its virtual booth to introduce its new solutions between August 4 and 5. This year, Black Hat, one of the world's lar...

2021-07-31 05:04 4020

Japanese Alternative meat venture Next Meats will be constructing its own eco-friendly factory, dedicated to alternative protein products

TOKYO, July 30, 2021 /PRNewswire/ -- Next Meats Co, the alternative meat venture company fromTokyo, is known for commercializing the world's first vegan Japanese barbecue meat analogues—the NEXT Yakiniku series, as well as the NEXT Gyudon, which is a vegan simulation of the traditional Japanese b...

2021-07-31 00:21 11368

Senmiao Technology Announces Signing of Framework Agreement with BYD's Biggest Dealer in China for Leasing of 6,000 Automobiles

CHENGDU, China, July 30, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry inChina as well as an operator of its own online ride-hailing platform, today announced the sig...

2021-07-30 21:30 11288

SVOLT Energy Closes 10.28 Billion RMB B Round Financing in Less Than 5 Months

BEIJING, July 30, 2021 /PRNewswire/ -- SVOLT Energy Technology Co., Ltd. ("SVOLT"), a leading EV battery manufacturer, held a B Round Financing Transaction Ceremony inChangzhou, Jiangsu on July 28, 2021. Following the completion of A Round Financing ofRMB 3.5 billion ($US 538 million) at the end ...

2021-07-30 21:27 3577

Appendix 4C - Q4 FY21 Quarterly Cash Flow Report

Highlights: * Positive Guidance from European Medicines Agency for ATH434 Phase 2 Clinical Trial * Publication in Movement Disorders demonstrates that ATH434 reduces α–synuclein related neurodegeneration in MSA animal model * Presents to MST Access Australian Micro & Small Caps Conference ...

2021-07-30 21:05 15770

GigaMedia Announces Second-Quarter 2021 Financial Results

TAIPEI, July 30, 2021 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced its second-quarter 2021 unaudited financial results. Comments from Management In the second quarter of 2021, GigaMedia reported revenues of $1.23 million, with a gross profit$0.63 million, an operating loss of...

2021-07-30 21:00 16217

iWeb Inc, OTC Markets QB, IWBB, announced it will acquire Tingo Mobile Plc. from Tingo International Holdings, Inc, in a deal valuing the Tingo Mobile Plc at $3.7 Billion USD

LOS ANGELES, July 30, 2021 /PRNewswire/ -- Transaction was negotiated for IWEB by their Business Development Partners Global Fintech Trading Limited Led by Craig Marshak an experienced Fintech Specialist investment banker who formerly ran a Nomura bank Venture Technology fund inLondon with cons...

2021-07-30 21:00 15981

China Jo-Jo Drugstores Completes Redomiciliation Merger

HANGZHOU, China, July 30, 2021 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (NASDAQ: CJJD) ("Jo-Jo Drugstores" or the "Company"), a leading online and offline retailer, wholesale distributor of pharmaceutical and other healthcare products and healthcare provider in China, today announced  that th...

2021-07-30 21:00 15694

Zhihu Inc. to Report Second Quarter 2021 Unaudited Financial Results on August 16, 2021

BEIJING, July 30, 2021 /PRNewswire/ -- Zhihu Inc. ("Zhihu" or the "Company") (NYSE: ZH), the operator of Zhihu, a leading online content community inChina, today announced that it will report its unaudited financial results for the second quarter endedJune 30, 2021, before the open of the U.S. ma...

2021-07-30 20:01 14927

I-Mab Announces IND Approval by FDA to Initiate Phase 1 Study for Protollin for the Treatment of Alzheimer's Disease

* Planning underway for a Phase 1 Trial to assess new immunotherapy aimed at stimulating the innate immune system to clear beta amyloid protein plaques in Alzheimer's Disease SHANGHAI and GAITHERSBURG, Md., July 30, 2021 /PRNewswire/ -- I-Mab (the "Company") (Nasdaq: IMAB), a clinical-stage bio...

2021-07-30 20:00 9368

Ucommune Signs Cooperation Agreement for Asset-light Project at Beijing Asia Financial Center

BEIJING, July 30, 2021 /PRNewswire/ -- Ucommune International Ltd. (NASDAQ: UK) ("Ucommune" or the "Company"), a leading agile office space manager and provider inChina, today announced that it has signed a cooperation agreement with Beijing Investment Group Co., LTD ("Beijing Investment Group"),...

2021-07-30 19:30 9288

First High-School Education Group Provides Updates on its Gaokao Tutoring Business

BEIJING, July 30, 2021 /PRNewswire/ -- First High-School Education Group Co., Ltd. ("First High-School Education Group" or the "Company") (NYSE: FHS), today announced that all its existing tutorial schools for Gaokao repeaters have begun instruction. Among the seven provinces where the Company...

2021-07-30 19:10 8715