Auto & Transportation
CARAVELLE INTERNATIONAL GROUP SIGNS $25 MILLION SUPPLY AGREEMENT TO DELIVER 50,000 CUBIC METERS OF WOOD TO SOUTH AFRICA
SINGAPORE, May 25, 2023 /PR Newswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced it has signed a supply agreement with South African company Best Polystyrene. Over the next two years, Caravelle will supply 50,000 cubic meters of wood from i...
Hyundai Mobis Develops Groundbreaking Headlamps that Prevent Nighttime Accidents
* Displays real-time driving information on the road for drivers, and guides pedestrians to cross roads safely with a virtual crosswalk. * The system integrates with the camera sensor and GPS navigation to show various information and help drivers drive safely at night. * HD Lighting syste...
ForwardX Robotics Releases Lynx AMR for the Automotive Industry at AUTOMATE 2023
DETROIT, May 25, 2023 /PRNewswire/ -- ForwardX Robotics, a global autonomous mobile robot (AMR) and warehouse and manufacturing solutions provider, introduces its latest AMR: Lynx. Lynx is making its North American debut at AUTOMATE 2023 inDetroit where attendees will be among the first to get ha...
Greenland Technologies Announces Share Purchase by Chief Executive Officer, Raymond Wang
EAST WINDSOR, N.J., May 24, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland Technologies" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, to...
TuanChe Limited Announces the Appointment of Independent Director of the Board
BEIJING, May 24, 2023 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ: TC), a leading integrated automotive marketplace in China, today announced a change in its board of directors (the "Board"). Mr. Fei Han tendered to the Board his resignation as an independent director of...
BEST Inc. Announces Changes to its Board of Directors
HANGZHOU, China, May 24, 2023 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina and Southeast Asia, today announced that Mr. Lin Wan has resigned from his position as a director of the Compan...
China-Indonesia "Two Countries, Twin Parks" Economic and Trade Cooperation & Exchange Fair Held
FUQING, China, May 24, 2023 /PRNewswire/ -- On May 19, China-Indonesia "Two Countries, Twin Parks" Economic and Trade Cooperation & Exchange Fair was held in Fuqing City, and attended by experts and scholars, enterprise representatives, industry elites, according to Fuqing Media Convergence Cente...
IPLUSMOBOT Showcases Intelligent Mobile Robot Products at Automate 2023
DETROIT, May 23, 2023 /PRNewswire/ -- May 22-25, IPLUSMOBOT, one of the leading high-tech companies specializing in autonomous intelligent mobile robots, unveiled its series of intelligent mobile robot products and solutions designed for smart manufacturing factories at the Automate 2023 exhibiti...
NWTN and CMEC Middle East Seek to Forge Strategic Partnership to Advance UAE's Green Hydrogen Roadmap and Net Zero Target
DUBAI, UAE, May 22, 2023 /PRNewswire/ -- NWTN Inc. (Nasdaq: NWTN), an eco-conscious technology company specializing in sustainable mobility solutions ("NWTN"), and CMEC Middle East Fze ("CMEC ME"), a subsidiary of China Machinery Engineering Corporation, a renowned global engineering company, are...
Hesai Technology and CRATUS Technology Announce Strategic Partnership to Develop Autonomous Warehouse Solutions Using Safety Rated 3D Lidar
PALO ALTO, Calif., May 22, 2023 /PRNewswire/ -- Hesai Technology (Nasdaq: HSAI), a global leader in lidar solutions, and CRATUS, a software solution integrator for lidar systems, today announced a strategic alliance to develop autonomous warehouse solutions using Hesai's groundbreaking safety-rat...
Highway Holdings Declares $0.10 Cash Dividend per Share
HONG KONG, May 22, 2023 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, "the Company" or "Highway Holdings") today announced the Company's Board of Directors declared a cash dividend of$0.10 per common share. The dividend will be paid onJuly 12, 2023 to shareholders of record on June 26, ...
Full Truck Alliance Co. Ltd. Announces First Quarter 2023 Unaudited Financial Results
GUIYANG, China, May 22, 2023 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced its unaudited financial results for the first quarter endedMarch 31, 2023. First Quarter 2023 Financial and Operational Highlights ...
Mini-sized, Mega Performance: Introducing New VIOFO A119 MINI 2 Dash Cam with Sony STARVIS 2
SHENZHEN, China, May 20, 2023 /PRNewswire/ -- VIOFO
China Eastern Airlines shines at China Brand Day events
SHANGHAI, May 19, 2023 /PRNewswire/ -- The China Brand Day events kicked off at
the Shanghai World Expo Exhibition and Convention Center in mid-May, joined by
over 1,000 Chinese brands.
Greenland Technologies Reports First Quarter 2023 Unaudited Financial Results
- 1Q23 Gross Margin Improves 320 Basis Points Year-over-Year - Cash and Cash Equivalents Rises 125% Year-over-Year to $15.4 Million EAST WINDSOR, N.J., May 19, 2023 /PRNewswire/ -- Greenland Technologies Holding Corporation (NASDAQ: GTEC) ("Greenland" or the "Company"), a technology developer a...
Ambilight Inc Unveils World's First Black-Gray EC Dimming Product for Vehicles at Shanghai Auto Expo
SHANGHAI, May 18, 2023 /PRNewswire/ -- Ambilight Inc, a pioneer in flexible electrochromic technology, recently unveiled the world's first black-gray EC dimming product for Vehicles at the 20th Shanghai International Automobile Industry Exhibition. This revolutionary product provides a comprehens...
Samsung Electro-Mechanics develops the world's highest capacity MLCC for electric vehicles
* Development of two types of MLCCs applied to electric vehicles...Realization of the industry's highest capacity among MLCCs with a rated voltage in the 250·100V class * Rated voltage: The maximum voltage that can be withstood without being damaged by the voltage. - Used in electric systems ...
BEST Inc. to Announce First Quarter 2023 Financial Results on May 30, 2023
HANGZHOU, China, May 17, 2023 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider inChina and Southeast Asia, today announced that it will release its unaudited financial results for the first quarter ...
Caravelle International Group Announces Receipt of Nasdaq Deficiency Notice
SINGAPORE, May 17, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that it received a notice from The Nasdaq Stock Market LLC (Nasdaq) indicating that, as a result of not having timely filed its Annual Report on Form 20-F for t...
Hollysys Automation Technologies Reports Unaudited Financial Results for the Third Quarter and the First Nine Months Ended March 31, 2023
First Nine Months of Fiscal Year 2023 Financial Highlights * Total revenues were $582.4 million, an increase of 10.9% compared to the comparable prior year period. * Gross margin was 33.4%, compared to 33.9% for the comparable prior year period.Non-GAAP gross margin was 33.6%, compared to 34....
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