RONN Motor Group, Inc. Executes Its First Significant Economic Development Partnership With Chinese Economic Development Officials To Support The New China Hydrogen Initiative To Advance Sustainable Hydrogen Technologies, Infrastructure And Fuel Cell Vehicles
RONN Motor Group, Inc.’s CEO, Ronn Ford, announced that, “In addition to our already executed bus development JV with another Chinese group, RONN Motor Group, Inc. has also executed its first co-development partnership with a major Chinese provincial Economic and Technological Development Zone (CEDZ) as part of the China’s new hydrogen initiative to begin advancing sustainable hydrogen technologies, infrastructure and fuel cell vehicles.”
Ronn Ford also stated that, “While most terms are still confidential, under our new substantial subsidy agreement, and based on the strength of our investors, government commitments could reach beyond one billion USD over time; the economic development agreements can provide capital, factories, land and purchase orders.”
Mr. Ford added, “Over the next two years our growth strategy’s first phase will be setting up an automotive R&D enter, introducing our lightweight fuel cell bus and the much-anticipated second-generation FCEV platform ‘Phoenix‘ in China. We have budgets prepared and are expecting to build a new super factory for our fuel cell automobiles and are in discussions with some Chinese OEMs as potential operation partners to combine our core design, technology, brand, and development strengths with the OEM’s strengths, such as existing mass production capabilities.”
Kevin Hong, founder and CEO of Arbor Lake Capital, the advisory group for RMG, added, “China is expected to become a leader and invest billions to accelerate the hydrogen infrastructure development, potentially even more than that invested for battery powered vehicles. Subsidies have been lowered for battery electric vehicles, however, subsidies for fuel cell vehicles are anticipated continue for the next six years.”
In the news:
CHINA IS MOVING TO LEAD THE WORLD IN HYDROGEN FUEL CELL TECHNOLOGIES
Ronn Ford CHAIRMAN/CEO Automotive Mission
In his 50+ years in the automotive industry, Ronn Ford has seen many changes and advancements in the automotive sector; and for the last 10 years, as the pioneer and proponent of Hydrogen as the fuel of the future – clearly demonstrated with his proof-of-concept Hydrogen Supercar, “Scorpion” — he is focused on Leading-Edge, Systems-Integrated, All-Electric, Hydrogen-Fuel-Cell, Zero-Emission, New Energy Vehicles (“NEVs”), including Stationary Hydrogen Fuel-Cell, Electric Power Generation.
As a pioneer in hydrogen technology, RONN Motor Group, Inc. is a leader in reducing the carbon footprint and greenhouse gas effects by creating sustainable energy that will take us into tomorrow through the development of all-electric, hydrogen fuel-cell. zero-emission, long-range automotive and transportation platform designs commonly called NEV’s Go to www.ronnmotorgroup.com for more information.
Forward-Looking Statements The Press Release or any Offering Materials May Contain Forward-Looking Statements and Information Relating To, Among Other Things, The Company, Its Business Plan and Strategy, And Its Industry. These Forward-Looking Statements Are Based on The Beliefs Of, Assumptions Made By, And Information Currently Available to The Company’s Management. When Used in The Offering Materials, The Words “Estimate,” “Project,” “Believe,” “Anticipate,” “Intend,” “Expect” And Similar Expressions Are Intended to Identify Forward-Looking Statements, Which Constitute Forward Looking Statements. These Statements Reflect Management’s Current Views with Respect to Future Events and Are Subject to Risks and Uncertainties That Could Cause the Company’s Actual Results to Differ Materially from Those Contained In The Forward-Looking Statements. Investors Are Cautioned Not to Place Undue Reliance on These Forward-Looking Statements, Which Speak Only as Of the Date On Which They Are Made. The Company Does Not Undertake Any Obligation to Revise or Update These Forward-Looking Statements to Reflect Events or Circumstances After Such Date or To Reflect the Occurrence of Unanticipated Events.
SOURCE RONN Motor Group, Inc.
CICC Upgrades Wealth Management Strategy and Officially Launches “CICC Wealth Management” Brand
China International Capital Corporation Limited (CICC and “the Company”, 3908.HK) has just held the CICC Wealth Management Strategy Upgrade Conference 2019 in Shenzhen today under the theme of “Building Our Future through Partnerships, Achieving Life Goals to the Fullest” and announced the official launch of its wealth management brand “CICC Wealth Management”. More than 700 guests were invited, including government officials, regulatory authorities, customer representatives, shareholder representatives and employee representatives.
The Unified Brand “CICC Wealth Management” Officially Launched
Providing wealth management service for individuals is one of the important strategies of CICC. In 2007, CICC took the lead in providing wealth management services under the international standards. In 2016, CICC announced the restructuring with China Investment Securities Company Limited (CISC), which became an important starting point for the transformation and upgrading of CICC’s wealth management business. This restructuring has resulted in the further upgrade of CICC’s wealth management and retail brokerage business platform. By merging CISC’s extensive customer base and nationwide branch network, CICC’s strength in brand, research, products and prime brokerage business have been brought into full play.
This time, CICC has integrated the former “CICC Wealth Management” brand, with CISC’s wealth management and brokerage sub-brands, such as “CISC Gold” and “CISC Mobile” to launch the new unified brand “CICC Wealth Management”. It marks the comprehensive integration of the two platforms, and it is another milestone of the strategic transformation of CICC’s wealth management business.
With 12 years experience, CICC Wealth Management has become a leading wealth management institution in domestic market and has obtained many prizes from media. By taking advantage of the reform in Shenzhen and the restructuring of China Southern Securities, CISC has accumulated abundant experiences in the retail brokerage industry through more than 20 years, and has acquired strong industry position and impact.
After the brand integration, with its high-quality and professional wealth advisor team, its ability to provide solutions under international standards, its close interaction with other business divisions such as Investment Banking, Asset Management, Research and its strong technological platforms, CICC Wealth Management will provide its clients with a full-chain, one-stop and multidimensional platform, which offers more efficient, globalized and integrated trading, investment management, financing services, as well as a set of comprehensive solutions with the cooperation between wealth management and other business segments of CICC such as Investment Banking.
CICC Wealth Management will adhere to its faith of always putting its clients as priorities, persist on the model of wealth management from the buy-side perspective and dedicate itself to thoroughly understanding its clients’ needs and wants, helping its clients with professional investment advices, executing and keeping track of those investment plans religiously and trying to establish long-term trusting relationships with its clients. During this strategy upgrade conference, CICC launched “CICC Wealth Planning”, “CICC Wealth Management China Top 50 Private Account Service” and “CICC Global Family Office” which are close to advanced international market solutions. With leading professional standards, profound understanding of market policies and global visions, CICC provides life-long wealth planning for its clients, as well as asset allocation products and solutions.
Besides, CICC Wealth Management has been actively embracing the digital transformation and has made it step into the FinTech industry. Recently, CICC announced that the Company entered into a shareholders’ agreement with Tencent Digital (Shenzhen) Limited, an indirect wholly-owned subsidiary of Tencent Holdings Limited, pursuant to which the parties agreed to establish a technological joint venture. The technological joint venture is proposed to, through providing technological platform development and digitalized operational support services, facilitate the company’s wealth management, retail brokerage and other businesses to provide more convenient, intelligent and differentiated wealth management solutions, enhance the service efficiency of investment advisor, optimize precision marketing and strengthen compliance and risk control. The technological joint venture is expected to drive the accelerated transformation and scalable development of the Company’s wealth management business with digital and FinTech capabilities.
With sufficient experience in the Chinese market and always evaluating itself with global standards, CICC Wealth Management aims to build up a platform to satisfy its clients’ needs in their businesses, families and personal development comprehensively. By launching its official brand “CICC Wealth management”, imposing on its strategy upgrade and getting involved in the FinTech industry, CICC has implemented its best practices within the recent couple years to strengthen its wealth management service.
Looking into the Future
In the future, as the unified platform of CICC’s wealth management and retail brokerage business, CICC Wealth Management will continue to follow its core values of “Clients First”, “Integrity as Foundation” and “Chinese Roots and International Reach.” Adhering to our buy-side thinking and putting our clients’ interests as our priorities, we will keep on providing professional wealth management solutions to our clients under global standards and with the high quality resources from CICC’s investment banking, private equity, asset management, research and other business.
SOURCE China International Capital Corporation Limited
IWFCIM & IBVM – championing efforts to incorporate sustainable business practices among entrepreneurs and promoting blockchain tech for supply chains
International Women’s Federation of Commerce and Industry Malaysia (IWFCIM) and Infinity Blockchain Ventures (IBV) has jointly organised the Blockchain and Fashion (BCF): Growing Local Industry Through Sustainable Fashion at the Black Box, Publika on October 15th, 2019 in conjunction with the Malaysia Fashion Week.
With the theme of Growing Local Industry Through Sustainable Fashion, BCF brings together iconic people from the sustainable fashion market and technology providers to showcase how blockchain’s transparency and traceability functions.
Dato’ Elaine Teh, President, IWFCIM, expressed her excitement on the opportunities available for entrepreneurs today: “The advent of technology enables companies to seamlessly integrate complex capabilities that can trace the whole journey of their products from farm to garment. That represents a whole new meaning to sustainability as consumers can now make smart choices on their purchases based on the information available.”
Biji-biji, one of the leading sustainable fashion players, showcased its product, the Merak Banner tote bag. Using the solution from WowTrace, it enables consumers to check and validate the origin of the product, what it is made of, when it is made — at every stage of the supply chain.
Malaysia’s leading technology visionary, Datuk Yasmin Mahmood, CEO, FutureReady Consulting Sdn Bhd says that, “The ABCD technology is embedded in our social fabric today. Specifically, with blockchain, we have arrived at an exciting time, where two-pronged goals are met. Firstly, we can have local industries and communities thrive as their artisan work, culture, heritage and rights can be protected. Secondly, it helps industries and SMEs immensely in integrating the Sustainable Development Goal as part of their strategic focus.”
“Sustainability is crucial in order to preserve the future. Through new technologies like blockchain, it can further enhance product traceability and can bring a whole new meaning to the term ‘ethically sourced‘“, cite Cris D. Tran, Regional Head, Infinity Blockchain Ventures.
IBV has a full suite of blockchain solution offerings to support the local entrepreneurs by providing opportunities to learn more about blockchain technology. IBV believes that Malaysia has the potential of having successful blockchain technology implementations due to its diverse market and strong infrastructure. They are also currently working with local players to train more Malaysian blockchain developers to further support the growth of blockchain technology within the market.
SOURCE Infinity Blockchain Ventures
Kakao’s Klaytn Welcomes 8 New Blockchain Application Partners
Klaytn, the leading blockchain project led by the South Korean Internet giant Kakao, today announced that 8 new blockchain projects have joined Klaytn as service partners to further developments in bringing mass blockchain adoption globally.
Dedicated to building readily usable blockchain-powered services, Klaytn is partnering with promising blockchain projects in various industry domains with massive global user base. More than a dozen of its partners that earlier joined Klaytn have already launched blockchain services, while others are set to open until early next year.
Operated by Korea’s art promotion initiative ‘ARTWA Platform,’ ‘STARTnet’ is a social commerce-based art platform committed to fostering new artists and innovating the art industry. It seeks to create a transparent art market by equipping the artists with the right to protect their own artworks. It also provides friendly art services and curations that anybody can enjoy.
Developed by Korea’s big data-based social media platform ‘0.8L,’ ‘LITER’ will also be operated through Klaytn. By applying the blockchain-powered incentive mechanism to its over 600,000 existing global users, LITER will offer fair rewards for reviews of the products and services.
‘GoodMorning’ is a marketing and data distribution platform that adds commercial value and creates trust index to various information and social networks owned by individual users.
A blockchain-based logistics service, ‘Dkargo’ has also released its plan to collaborate with Klaytn. By incorporating new mobility services beyond the existing freight transport, Dkargo seeks to create an efficient network and expand the entire logistics industry.
Other notable industry partners include ‘LOON,’ the blockchain-based healthcare service focused on women’s physiological health; ‘Monopoly,’ the platform that provides investment information for collectibles market including art, wine, and jewelry; ‘Spl.yt,’ the decentralized e-commerce protocol for global inventory and affiliate marketing system across marketplaces; and, ‘TUNE Token,’ the smart contract design service for the U.S.-based award winning music platform ‘Cre8tor.app,’ which rewards all stakeholders in the creation and distribution of music while providing a transparent royalty system.
“Klaytn is partnering with successful firms that have developed and operated services accruing millions of users, and the collaboration will contribute to building a user-friendly blockchain service,” said Jason Han, the CEO of Ground X, heading the development and operation of Klaytn. He added, “Together with service partners, Klaytn will take the blockchain industry to the next level by focusing on creating meaningful real use-cases, which stands as the next key challenge in our industry.”
Blockchain7 months ago
XWallet crosses 100,000 registered users
Blockchain6 months ago
Australian Fintech Nauticus Targets $25 Million in Equity Raise
Blockchain4 months ago
Cannabis World Congress New York Presented New Symposium on “Clinical & Therapeutic Applications of Medical Cannabis” for Healthcare Professionals
Latest News7 months ago
INOX Opens its Third Multiplex in Chennai at OMR
Latest News3 months ago
Mininglamp Technology Listed in TR50 by the “MIT Technology Review”
Latest News3 months ago
AWS Announces Cloud Innovation Center at the University of British Columbia
Blockchain5 months ago
RACE-CAP™ Launches RACE-PAY™, the First of Its Digital Money Apps for Everyone
Latest News6 months ago
Amazon listed as Visionary Leader by 360Quadrants in AI in Fintech