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Shanghai Electric Named One of China’s 500 Most Valuable Brands by World Brand Lab

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SHANGHAI, June 27, 2023 /PRNewswire/ — Shanghai Electric (SEHK:2727, SSE:601727) (“the Company”) has been recognized as one of China’s 500 Most Valuable Brands, according to an annual list published by World Brand Lab, a world’s leading research institute specializing in digital marketing and brand valuation. The 2023 edition of the report, which gauges companies’ brand status based on their financial data, brand strength, and consumer behavior, shows that Shanghai Electric holds the 48th position with a brand value of RMB 172.58 billion (USD 23.99 billion), marking the seventh consecutive year that the Company made it to the Top 50.

“The ranking once again attests to Shanghai Electric’s commitment to technological innovation as the cornerstone of the Company. We view innovation as the driving force behind our rapid development, strengthening our competitiveness as a green-focused company while exploring technological breakthroughs to empower China and beyond to achieve low-carbon targets. Meanwhile, we also place openness and win-win cooperation at the core of our business strategy as we endeavor to bring more value to our partners and accelerate global industrial development,” said Liu Ping, President of Shanghai Electric.

“As we strive to catalyze the innovation of China’s high-end equipment industry, Shanghai Electric has established itself as a key player on the global stage. Over the past few years, we have participated in over 100 power engineering products under the Belt and Road initiative, exploring effective and efficient construction and management models and experience that refine our expertise and equip us with industry-leading solutions,” he added.

Leveraging Green Innovation to Decarbonize Industries

Taking the forefront in driving sustainable growth for the energy and industrial sectors, Shanghai Electric is committed to advancing the development of new power systems and zero-carbon industrial park solutions with the aim to help its customers and partners in reducing carbon emissions. Moreover, Shanghai Electric is actively expanding and diversifying its solution portfolios, facilitating partners in their transition towards greener power sources.

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In partnership with the municipal government of Nantong City, Shanghai Electric has established Hengxi Photovoltaic Technology Co., Ltd as a springboard to propel Nantong’s new energy industry to greater heights. The new company will be instrumental in forming a photovoltaic industry cluster and strengthening the synergy of the solar sector of the city, with the initial phase of the project set to have a production capacity of 4.8 GW for high-efficiency heterojunction (HJT) solar cells and modules.

Armed with seventy years of experience in industrial design, the Shanghai Institute of Mechanical & Electrical Engineering (SIMEE) plays a pivotal role in driving low-carbon development by delivering solutions that help its partners and customers trim down their carbon emissions. The institute, which has clinched over 300 national and provincial awards, holds over 110 patents and invests RMB 100 million in its R&D initiatives for upgrading manufacturing processes, equipment development, and the formulation of new design standards. Volkswagen’s Changsha factory designed by the institute has been granted China’s Green Building Label Certificate for achieving the highest green standards and adopting BIM design management for the entire process.

As the fourth industrial revolution fuels innovations in IoT, big data, robotics, and AI to drive low-carbon production, Shanghai Electrics also harnesses its technological prowess in these fields to provide intelligent manufacturing automation solutions for industries such as lithium batteries, aerospace, automobiles, and security. Shanghai Electric’s lithium battery production line achieves 30% energy savings and a 60% cost reduction, while its aviation automation solutions, which encompass industry-leading lithium battery production equipment, industrial robots, and aerospace automation systems, provide one-stop services for building smart factories.

Pushing for Power Revolution with Win-Win Cooperation

For decades, Shanghai Electric is pioneering global energy innovation to drive green development for the power sector, bringing both economic and social benefits for users worldwide with its solutions that unlock new possibilities.

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2023 marks a new milestone as the Company has completed a 168-hour trial operation of the 660 MW coal-fired power station unit 2 in the Yanghuopan coal-electricity integration project. Designed by Shanghai Electric–SPX Engineering & Technologies Co., Ltd., the project is the first of its kind powered by natural ventilation direct cooling (NDC) system which delivers exceptionally better performance in terms of energy efficiency, emissions reduction, noise reduction, frost resistance, and operational flexibility compared with mechanical ventilation direct cooling (ACC) and natural ventilation indirect cooling (ISC) systems.

Shanghai Electric Power Engineering Company has been selected as the general contractor for Phase I and Phase II projects of the renewable energy power station in Selangor, Malaysia. A key project commissioned by the state’s government to boost the local economy while enhancing the well-being of residents, the station is capable of processing 2,900 tons of waste per day, as well as helping decontaminate and reuse half of the solid waste generated within the state.

In the UK, the 20.8 MW Low Farm project, the seventh installment among a series of eight photovoltaic projects in the country constructed by Shanghai Electric, has been connected to the grid, contributing to the UK’s renewable energy capacity and supporting the country’s efforts in transitioning towards a greener and more sustainable future. The official operation of the project reinforces Shanghai Electric’s position as a leader in the global new energy market and showcases its capability in building large-scale photovoltaic projects in the Western markets that uphold high standards of quality for infrastructure construction.

About Shanghai Electric

Shanghai Electric Group Company Limited (SEHK:2727, SSE:601727), a leading global supplier of industrial-grade eco-friendly smart system solutions with a presence around the world, is dedicated to smart energy, intelligent manufacturing, and the integration of digital intelligence. With the focus on low-carbon development and digital transformation by opening up new arenas and promoting new growth drivers, Shanghai Electric will strive to be a leader in the pursuit of peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060, new energy equipment production, and high-end equipment localization, utilizing the boundless opportunities in an innovative industrial ecosystem along with global partners.

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For more information, please visit https://www.shanghai-electric.com/group_en/

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Blockchain Press Releases

Opportunities in Volatility: Navigate Crypto Market Trends with KuCoin Trading Bots

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VICTORIA, Seychelles, March 14, 2025 /PRNewswire/ — KuCoin, a global leading cryptocurrency exchange, is excited to announce the release of its latest market trend and trading bot strategies report for March 2025. This detailed production is designed to empower traders by enhancing their understanding of the crypto market and refining their trading techniques.

This new report is set to support both novice and experienced traders by providing them with a detailed historical analysis of Bitcoin’s performance over the past 13 years, diving into the long-term trends and cyclicality of the market, enabling traders to enhance their understanding of the market landscape.

To help everyone to better keep up with the dynamics of the market, the report features a calendar of key events in March that are expected to impact the crypto markets. This report serves as learning materials with the purpose of information sharing, users are welcome to leverage the detailed information provided in the report  to personalize their own analysis and develop trading strategies that align with their individual trading habits and risk appetite.

This is a testament to KuCoin’s ongoing commitment to education and excellence in the crypto trading space. New users are also welcomed to join the latest Trading Bot Carnival to stand a chance of getting various types of rewards. Users are encouraged to read through risk warnings before proceeding to investing.

For a full report and access to the educational resources provided by KuCoin, please visit KuCoin Official Website.

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About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 40 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.

Disclaimer:  This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions or any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances.

(PRNewsfoto/KuCoin)

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Blockchain Press Releases

Bybit Introduces Zero Fees on Indices Trading for MT5 Users

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DUBAI, UAE, March 14, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a new perk for MT5 users on Bybit in a zero-fee trading event, Indices Unleashed.

From today until April 12, 2025, Bybit traders can execute transactions on 18 prominent indice pairs without incurring trading fees. The offer applies automatically to derivatives linked to indices including the Dow Jones Index Cash CFD (DJ30), NAS100 Cash (NAS100), Hang Seng Index Cash CFD (HK50), S&P Index Cash CFD (SP500), GER40 Cash (GER40), US SMALL CAP 2000 – CASH (US2000), France 40 Index (FRA40), Nikkei Index Cash CFD (Nikkei225), UK 100 Cash (UK100), EUSTX50 Cash (EU50), ES35 Index Cash (ES35), Hang Seng Tech Index Case CFD (HKTECH), Bovespa Cash CFD (BVSPX), South Africa 40 – CASH (SA40), S&P/ASX 200 Index Cash CFD (SPI200), Singapore 20 Index Cash CFD (SGP20), and the Taiwan RIC Index Cash CFD (TWINDEX), all available on the Bybit Gold & Forex Trading platform.

Bybit Gold & FX Trading marks a significant milestone for Bybit as the first cryptocurrency exchange to achieve seamless MT5 integration. This groundbreaking advancement provides users with access to a diverse range of financial instruments, including forex, gold, and other commodities, alongside traditional crypto offerings. With MT5’s sophisticated charting tools, automated trading capabilities, and intuitive interface, Bybit Gold & FX Trading enhances the trading experience for both seasoned professionals and those new to the markets, setting a new benchmark within the digital asset trading landscape.

“Whatever the market conditions, broader access and powerful, intelligent tools are a trader’s best friend. We’re offering free access to indices trading via MT5 on Bybit for a limited time to allow users to experience the platform and find their trading rhythm in a dynamic market,” said Joan Han, Sales and Marketing Director of Bybit.

To find out more about the event and its terms and conditions, users may visit: Bybit Indices Unleashed – Trade for Free

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About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

MEXC Lists AO (AO), Expanding Support for Decentralized Computing and AI Innovation with a 140,000 USDT Prize Pool

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VICTORIA, Seychelles, March 14, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency trading platform, announces the listing of AO (AO) on both spot and futures markets, scheduled for March 14, 2025, at 06:00 (UTC). To mark the occasion, MEXC is launching an Airdrop+ rewards event with a 140,000 USDT prize pool, providing users with multiple opportunities to engage with AO and explore its potential within the decentralized computing space.

Unleashing AO: MEXC Supports the Future of Decentralized Computing and AI Agents

AO is a decentralized ultra-parallel computing network that expands on-chain computation while ensuring all operations remain verifiable and permanently recorded. Built on Arweave’s permanent storage, AO features an actor-oriented architecture, where modular programs (actors) operate independently, select their own virtual machines (VMs), consensus mechanisms, and payment models, and communicate through a standardized messaging layer. With self-triggering execution and autonomous agent capabilities, AO enables efficient DeFi strategies, automated DEX trading, and AI-driven applications, unlocking a new era of decentralized computing.

By listing AO, MEXC reinforces its commitment to supporting cutting-edge innovations at the intersection of AI, blockchain infrastructure, and decentralized computing. As demand for on-chain processing and AI-powered applications grows, MEXC provides AO with critical market access, deep liquidity, and an engaged global user base to accelerate its adoption and utility. Beyond just a listing, MEXC plays a crucial role in fostering the adoption and development of innovative blockchain projects across AI and DePIN. With a strong trading community, strategic marketing initiatives, and a track record of launching high-potential assets, MEXC provides projects like AO with the tools to gain visibility and traction within the crypto ecosystem. Through this listing, MEXC continues to connect users with the latest blockchain advancements, ensuring accessibility to next-generation decentralized infrastructure.

Celebrate AO’s Listing with a 140,000 USDT Prize Pool

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MEXC, known for quickly listing trending tokens, expands its offerings with AO (AO). The AO/USDT trading market officially launched in the Innovation Zone on March 14, 2025, at 06:00 (UTC), followed by the introduction of the AO USDT perpetual futures at 06:10 (UTC), offering adjustable leverage from 1x to 50x with both cross and isolated margin modes.

To celebrate the listing of AO (AO) on MEXC Spot and Futures, MEXC is launching a series of exclusive events from March 13, 2025, at 12:00 (UTC) – March 23, 2025, at 10:00 (UTC), giving both new and existing users the opportunity to earn USDT bonuses and other rewards while engaging with the AO ecosystem.

  • Event 1: Deposit to Share 72,000 USDT (New User Exclusive)

New users who trade AO spot (≥ $100) or futures (≥ $500) can earn a 30 USDT bonus, with a total of 72,000 USDT up for grabs.

  • Event 2: Futures Challenge — Trade to Share 50,000 USDT in Futures Bonuses (Open to All Users)

Each user can receive up to 5,000 USDT in Futures bonuses.

  • Event 3: Invite New Users & Share 18,000 USDT (Open to All Users)
  • Event 4: Spread the Word and Win Rewards

Your Easiest Way to Trending Tokens

MEXC aims to become the go-to platform offering the widest range of valuable crypto assets. The platform has grown its user base to 34 million by offering a diverse selection of tokens, high-frequency airdrops, competitive fees, and comprehensive liquidity. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $136 million.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

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