Banking/Financial Service
Gaotu Techedu Provides Business Updates
BEIJING, Nov. 15, 2021 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a leading online large-class tutoring service provider inChina, today provided business updates following the recent regulatory developments relating to after-school tutoring services, including the...
VTech Announces 2021/2022 Interim Results
HONG KONG, Nov. 15, 2021 /PRNewswire/ -- * Global material shortages, supply chain disruptions and rising costs affected results * Group revenue decreased 0.8% to US$1,114.8 million * Gross profit margin fell from 31.8% to 27.4% * Profit attributable to shareholders of the Company decli...
Yiren Digital to Report Third Quarter 2021 Financial Results on November 24, 2021
BEIJING, Nov. 15, 2021 /PRNewswire/ -- Yiren Digital Ltd. (NYSE: YRD) ("Yiren Digital" or the "Company"), a leading digital personal financial management platform inChina, announced that it plans to release its unaudited financial results for the quarter endedSeptember 30, 2021 before U.S. market...
Virtual Reality Startup HIKKY Raises 6.5 Billion Yen In Series A Funding Round
TOKYO, Nov. 15, 2021 /PRNewswire/ -- Virtual reality (VR) startup and organizers of the largest VR event in the world HIKKY Co., Ltd. announced today that they have raised6.5 billion yen ($57 million) in an initial stage of their Series A funding round. They are considering an additional funding ...
Sohu.com Reports Third Quarter 2021 Unaudited Financial Results
BEIJING, Nov. 15, 2021 /PRNewswire/ -- Sohu.com Limited (NASDAQ: SOHU), China's leading online media, video, gaming business group, today reported unaudited financial results for the third quarter endedSeptember 30, 2021. Third Quarter Highlights * Total revenues were US$216 million[1], up 3...
CBC Group Partners with APG to Launch Healthcare Real Estate Platform and Announce US$500 Million First Close of China Life Science Venture
SHANGHAI, Nov. 14, 2021 /PRNewswire/ --CBC Group ("CBC"), Asia's largest healthcare-dedicated investment firm, announced today a partnership with APG Asset Management ("APG"), the largest pension provider inthe Netherlands, in a newAsia-Pacific healthcare platform, CBC Healthcare Infrastructure P...
TAL Education Group Provides Updates on Business Operations
BEIJING, Nov. 12, 2021 /PRNewswire/ -- TAL Education Group ("TAL" or the "Company") (NYSE: TAL), a leading K-12 after-school tutoring services provider inChina, today provided updates on the Company's business operations in response to the recent regulatory developments relating to after-school ...
China Pharma Holdings, Inc. Reports Third Quarter 2021 Financial Results
HAIKOU, China, Nov. 12, 2021 /PRNewswire/ -- China Pharma Holdings, Inc. (NYSE American: CPHI) ("China Pharma," the "Company" or "We"), an NYSE American-listed corporation with a fully-integrated specialty pharmaceuticals subsidiary based inChina, today announced the financial results for the qu...
Meten Holding Group Ltd. Closes $20 Million Registered Direct Offering of Ordinary Shares Priced At-the-Market Under Nasdaq Rules
SHENZHEN, China, Nov. 12, 2021 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding" or the "Company") (NASDAQ: METX), one of the leading omnichannel English language training ("ELT") service providers inChina, today announced it closed its previously announced registered direct offering. The...
IT Tech Packaging, Inc. Announces Results of 2021 Annual General Meeting of Stockholders
BAODING, China, Nov. 12, 2020 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American: ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products inNorth China, today announced the results of the Company's 2021 Annual General Meeting of Stockh...
TuanChe Announces Receipt of Withdrawal of Going Private Proposal
BEIJING, Nov. 12, 2021 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the " Company") (NASDAQ: TC), a leading integrated automotive marketplace in China, today announced that it has recently received a notice from its chairman and chief executive officer, Mr. Wei Wen ("Mr. Wen"), stating that in or...
China Automotive Systems Reports Unaudited 2021 Third Quarter Results
WUHAN, China, Nov. 12, 2021 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2021. ...
Sunlands Technology Group to Report Third Quarter 2021 Financial Results on Tuesday, November 23, 2021
BEIJING, Nov. 12, 2021 /PRNewswire/ -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader inChina's online post-secondary and professional education, today announced that it will report its third quarter 2021 unaudited financial results on Tuesday, November 23, 2021, be...
Leju to Hold Annual General Meeting on December 7, 2021
BEIJING, Nov. 12, 2021 /PRNewswire/ -- Leju Holdings Limited ("Leju" or the "Company") (NYSE: LEJU), a leading e-commerce and online media platform for real estate and home furnishing industries inChina, today announced that it will hold its annual general meeting of shareholders (the "AGM") at R...
CBAK Energy Reports Third Quarter 2021 Unaudited Financial Results
DALIAN, China, Nov. 12, 2021 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company") a leading lithium-ion battery manufacturer and electric energy solution provider inChina, today reported its unaudited financial results for the third quarter endedSeptember ...
Planet Innovation acquires BIT Group's North American operations, doubling its medtech manufacturing capacity
MELBOURNE, Australia, Nov. 11, 2021 /PRNewswire/ -- Planet Innovation (PI) has acquired the North American operations of global regulated medical device manufacturer, BIT Analytical Instruments GmbH. The acquisition solidifies PI's commitment to grow its US manufacturing capabilities to suppor...
Senmiao Technology Announces Closing of $5 Million Private Placement
CHENGDU, China, Nov. 11, 2021 /PRNewswire/ -- Senmiao Technology Limited ("Senmiao") (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry inChina as well as an operator of its own online ride-hailing platform, today announced that it has closed the previou...
Greenland Technologies Holding Corporation Reports Third Quarter 2021 Unaudited Financial Results
* Third Quarter Revenue of $23.1 million, up 39.7% year over year * Third Quarter Net Income of $1.3 million, up 172.5% year over year EAST WINDSOR, N.J., Nov. 11, 2021 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology devel...
Weibo Reports Third Quarter 2021 Unaudited Financial Results
BEIJING, Nov. 11, 2021 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB), a leading social media inChina, today announced its unaudited financial results for the third quarter endedSeptember 30, 2021. "We delivered another solid quarter, with sustained user growth and top ...
SOS Ltd. Announces Pricing of Approximately $90.1 Million Registered Direct Offering
QINGDAO, China, Nov. 10, 2021 /PRNewswire/ -- SOS Limited (NYSE: SOS) (the "Company" or "SOS"), an emerging blockchain-based and big data-driven marketing solution provider, announced today that it has entered into a securities purchase agreement with certain accredited investors to purchase appr...
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