Investment & Financing

NetEase Reports First Quarter 2018 Unaudited Financial Results

2018-05-17 07:00 335

BEIJING, May 16, 2018 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES) ("NetEase" or the "Company"), one ofChina's leading internet and online game services providers, today announced its unaudited financial results for the first quarter endedMarch 31, 2018. First Quarter 2018 Financial Highlights ...

China Distance Education Holdings Limited Reports Financial Results for Second Quarter Fiscal Year 2018

2018-05-17 05:00 318

- Second Quarter 2018 Net Revenue Up 36.1% Year-Over-Year to $29.7 Million, Exceeding High-End of Guidance Range - - Second Quarter 2018 Cash Receipts from Online Course Registration Up 25.4% Year -Over-Year to$43.9 Million - BEIJING, May 16, 2018 /PRNewswire/ -- China Distance Education Holding...

Union Bridge Holdings Signs MOU with Beijing Yi Du Bai Shan Enterprise Management Limited of China

2018-05-16 23:00 184

HONG KONG, May 16, 2018 /PRNewswire/ -- Union Bridge Holdings Limited (OTCQB: UGHL) ("Union Bridge" or the "Company"), through its subsidiary Phoenix Creation Global Limited ("Phoenix"), has signed a Memorandum of Understanding ("MOU") with Beijing Yi Du Bai Shan Management Limited ("Yi Du") rega...

Leading Blockchain Groups Partner to Establish a New Field of Life Data Economics

2018-05-16 21:29 702

Blockchain healthcare startup led by Harvard genomics professor George Church initiates a research collaboration with a leading blockchain and artificial intelligence healthcare company to establish the new fields of microdataeconomics and macrodataeconomics with a focus on life data. SAN FRANCI...

Ossen Innovation Announces Full Year 2017 Financial Results

2018-05-16 20:00 274

SHANGHAI, May 16, 2018 /PRNewswire/ -- Ossen Innovation Co., Ltd. ("Ossen Innovation" or the "Company") (Nasdaq: OSN), aChina-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced its financial results for the fiscal year ended D...

Tencent Announces 2018 First Quarter Results

2018-05-16 18:33 363

HONG KONG, May 16, 2018 /PRNewswire/ -- Tencent Holdings Limited ("Tencent" or the "Company", 00700.HK), a leading provider of Internet value added services in China, today announced the unaudited consolidated results for the first quarter of 2018 ("1Q2018"). 1Q2018 Key Highlights   Revenues: +4...

Venus Medtech Receives DCP Capital's Equity Investment to Accelerate Heart Valve Technology Development and International Commercialization

2018-05-16 10:05 731

HANGZHOU, China, May 16, 2018 /PRNewswire/ -- Venus Medtech announced that it has entered into a definitive investment agreement with DCP Capital. The investment will be used by Venus Medtech to accelerate the upgrading and internationalization of existing valve products, support the company to...

RYB Education, Inc. Reports First Quarter 2018 Financial Results

2018-05-16 09:22 383

BEIJING, May 15, 2018 /PRNewswire/ -- RYB Education, Inc. ("RYB" or the "Company") (NYSE: RYB), a leading early childhood education service provider in China, today announced its unaudited financial results for the first quarter endedMarch 31, 2018. First Quarter 2018 Operational and Financial Su...

Brookfield Partners With Schoeller Group

2018-05-16 06:38 455

MUNICH, May 16, 2018 /PRNewswire/ -- Schoeller Group announced today that it has completed the previously announced acquisition by Brookfield Business Partners L.P. together with institutional partners (collectively "Brookfield") of JP Morgan's shares in Schoeller Allibert.      (Photo: https...

China Internet Nationwide Financial Services Inc. Reports Financial Results for the Fourth Quarter and Full Year 2017

2018-05-16 04:15 310

BEIJING, May 15, 2018 /PRNewswire/ -- China Internet Nationwide Financial Services Inc. (NASDAQ: CIFS) ("CIFS" or the "Company"), a leading financial advisory services company, today announced its financial results for the three and twelve months endedDecember 31, 2017. Fourth Quarter of 2017 Fi...

Xinyuan Real Estate Co., Ltd. Announces Changes to Board of Directors

2018-05-15 19:00 362

BEIJING, May 15, 2018 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN), an NYSE-listed real estate developer and property manager primarily inChina and in other countries, today announced changes to its Board of Directors of the Company (the "Board"). The Bo...

Lifeng Liu delivered a speech on Peking University 120th Anniversary

2018-05-15 18:32 235

HONG KONG, May 15, 2018 /PRNewswire/ -- As the alumnus of Peking University, LifengLiu, Chairman and CEO of Ipsos China, was invited to Peking University 120th Anniversary and made a speech on the salon of School of New Media. Lifeng liu, Chai...

Sharing Economy International Reports First Quarter 2018 Results

2018-05-15 18:30 283

WUXI, China, May 15, 2018 /PRNewswire/ -- Sharing Economy International Inc. ("SEII" or "the Company") (SEII), a clean technology and sharing economy company that designs, manufactures and distributes of proprietary high and low temperature dyeing and finishing machinery to the textile industry, ...

Agritrade Resources Takes Second Longwall System for Its Merge Mine

2018-05-15 18:22 744

Production Capacity Will Reach 3.5 Million Tonnes at Designated Site HONG KONG, May 15, 2018 /PRNewswire/ -- Agritrade Resources Limited (" Agritrade Resources" or the "Company", stock code: 1131.HK, or together with its subsidiaries collectively referred to as the "Group") today is pleased to an...

PPDAI Group Inc. Reports First Quarter 2018 Unaudited Financial Results

2018-05-15 18:14 190

SHANGHAI, May 15, 2018 /PRNewswire/ -- PPDAI Group Inc. ("PPDAI," "Paipaidai," or the "Company") (NYSE: PPDF), a leading online consumer finance marketplace in China, today announced its unaudited financial results for the first quarter endedMarch 31, 2018.   As of March 31, 2017 December 3...

SORL Auto Parts Reports a 44.1% Sales Increase in the First Quarter of 2018

2018-05-15 18:00 260

ZHEJIANG, China, May 15, 2018 /PRNewswire/ -- SORL Auto Parts, Inc. (NASDAQ: SORL) ("SORL" or the "Company"), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts inChina , announced today its unaudited financial results for the first qu...

GreenTree Hospitality Group Ltd. Reports First Quarter 2018 Financial Results

2018-05-15 14:30 312

* A total of 2,354 hotels with 195,552 hotel rooms were in operation as of March 31, 2018, as compared to 2,289 hotels and 190,807 hotel rooms as of December 31, 2017 * Total revenues increased 23.3% year-over-year from RMB166.3 million for the first quarter of 2017 toRMB204.9 million (US$32....

OMRON Corp. and Taiwan's Collaborative Robot Company Techman Robot Inc. Form Strategic Alliance on Collaborative Robots

2018-05-15 14:00 242

- Alliance Will Contribute to Realizing Harmonization of Humans and Machines in Manufacturing Industry - KYOTO, Japan, May 15, 2018 /PRNewswire/ -- OMRON Corp., based in Kyoto, and Techman Robot Inc. of Taoyuan,Taiwan, a globally leading company for collaborative arm robots that work together w...

SnapShot GmbH Announces S. Carson Booth as new CEO to Lead the Company into its Next Stage of Growth

2018-05-15 09:00 496

BEIJING, May 15, 2018 /PRNewswire/ -- SnapShot GmbH announces Mr. S. Carson Booth has joined as CEO to lead the company into its next stage of growth. Booth brings over 25 years of hospitality technology experience and is the former global vice president of property technology at Starwood Hotels ...

Hollysys Automation Technologies Reports Unaudited Financial Results for the First Nine Months and the Third Quarter Ended March 31, 2018

2018-05-15 05:00 187

First Nine months of Fiscal Year 2018 Financial Highlights * Non-GAAP net income attributable to Hollysys was $80.3 million, an increase of 69.1% compared to the comparable prior year period. * Total revenues were $393.5 million, an increase of 33.9% compared to the comparable prior year peri...

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