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CCBIS Opinion: "Winter" is Coming After Peak in 3Q 2018

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HONG KONG, Jul 10, 2018 - (ACN Newswire) - CCB International Securities Limited (CCBIS) released Asset Allocation Strategy for the second half of 2018 in late June.

The central feature of the Strategy is that trends that caused equity markets to stall in the first half of 2018 - weakening corporate earnings growth, gradually rising inflation and tightening global financial conditions - are set to intensify in the second half, creating an increasingly uncertain and volatile investment environment. Nevertheless, equity markets are likely to experience a relief rally in the third quarter amid rising interest rates. CCBIS advises investors to take advantage of this rally to reduce equity risk during the quarter and beyond.

As forecasted by CCBIS, by the end of this year, the HSI and HSCEI in Hong Kong will drop to 28,000 and 11,900 after peaking in the third quarter, representing a year-end price/earnings ratio of 10.5 and 7.9, respectively. At some stage, investors will begin to expect that the odds of below-trend growth in 2019 outweigh that of above-trend growth. When this shift occurs, equity markets will start to de-rate.

Taking all of the above into consideration, CCBIS "Overweight" the consumer discretionary, energy and information technology sectors, while consumer staples, financials, healthcare, materials and real estate sectors are rated "Neutral". The Telecom, utilities and industrials sectors are "Underweight". To lower risk, CCBIS prefers gold investment and takes construction and gas utilities as a defensive choice.

Taking into account market trends, CCBIS sector ratings are as follows:
CCBIS rating / Sector
Overweight / Consumer discretionary, energy, information technology
Neutral / Consumer staples, financials, healthcare, materials real estate
Underweight / Telecom, utilities, industrials

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Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

Eisai: Oral Presentation on Phase II Clinical Study Results of BAN2401 to be Presented at Alzheimer's Association International Conference (AAIC) 2018

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TOKYO, Jul 10, 2018 - (JCN Newswire) - Eisai Co., Ltd. announces today that the results of the Phase II clinical study (Study 201) of the anti-amyloid beta (Abeta) protofibril antibody BAN2401 will be presented in an oral session at the Alzheimer's Association International Conference (AAIC) 2018 held in Chicago from July 22 to 26, 2018. The topline results of this study were announced on July 6. This oral presentation is scheduled for July 25, 2018 at 15:30 as part of Session DT-01 "Recent Developments in Therapeutics" (14:00 to 16:00).

The slide presentation will be available concurrently with the AAIC presentation on the Investor section of the Eisai company website at www.eisai.com.

http://www.acnnewswire.com/topimg/Low_EisaiAAIC.jpg

About AAIC

The Alzheimer's Association International Conference (AAIC) is the largest and most influential international meeting dedicated to advancing dementia science. Each year, AAIC convenes the world's leading basic science and clinical researchers, next generation investigators, clinicians and the care research community to share research discoveries that will lead to methods of prevention and treatment, and improvements in diagnosis for Alzheimer's disease. AAIC 2018 will be held in Chicago, IL at McCormick Place July 22-26. For more information about AAIC, please visit www.alz.org/aaic.

About BAN2401

BAN2401 is a humanized monoclonal antibody for Alzheimer's disease that is the result of a strategic research alliance between Eisai and BioArctic. BAN2401 selectively binds to neutralize and eliminate soluble, toxic Abeta aggregates that are thought to contribute to the neurodegenerative process in Alzheimer's disease. As such, BAN2401 may have the potential to have an effect on disease pathology and to slow down the progression of the disease. Eisai obtained the global rights to study, develop, manufacture and market BAN2401 for the treatment of Alzheimer's disease pursuant to an agreement concluded with BioArctic in December 2007. In March 2014, Eisai and Biogen entered into a joint development and commercialization agreement for BAN2401 and the parties amended that agreement in October 2017.

This release discusses investigational uses of BAN2401 and is not intended to convey conclusions about efficacy or safety. BAN2401 has not been approved for marketing under any health authority approval.

About the Joint Development Agreement between Eisai and Biogen for Alzheimer's Disease

Eisai and Biogen are widely collaborating on the joint development and commercialization of Alzheimer's disease treatments. Eisai serves as the lead in the co-development of elenbecestat, a BACE inhibitor, and BAN2401, an anti-Abeta protofibril antibody, while Biogen serves as the lead for co-development of aducanumab, Biogen's investigational anti-Abeta antibody for patients with Alzheimer's disease, and the companies plan to pursue marketing authorizations for the three compounds worldwide. If approved, the companies will also co-promote the products in major markets, such as the United States, the European Union and Japan.

About Eisai

Eisai Co., Ltd. (TSE:4523; ADR:ESALY) is a research-based human health care (hhc) company that discovers, develops and markets products throughout the world. Eisai focuses its efforts in three therapeutic areas: integrative neuroscience, including neurology and psychiatric medicines; integrative oncology, which encompasses oncotherapy and supportive-care treatments; and vascular/immunological reaction. Through a global network of research facilities, manufacturing sites and marketing subsidiaries, Eisai actively participates in all aspects of the worldwide healthcare system. For more information about Eisai Co., Ltd., please visit www.eisai.com.

Contact:
Media Inquiries: Public Relations Department Eisai Co., Ltd. +81-(0)3-3817-5120

Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

TANAKA Expands FC Catalyst Production Capacity

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The new fuel cell catalyst materials center
Electrode catalyst for PEFC
This expansion has seven times the current production capacity. This enables TANAKA to meet rising future global demand for commercial fuel cell vehicles and industrial equipment. Center will provide fuel cell electrode catalyst materials enabling a hydrogen-based society

TOKYO, Jul 11, 2018 - (ACN Newswire) - TANAKA Holdings Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Representative Director and CEO: Akira Tanae) announced that TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director and CEO: Akira Tanae), which operates the TANAKA Precious Metals manufacturing business, established a new Fuel Cell Catalyst Development Center in Kanagawa Prefecture to develop and manufacture electrode catalysts used in fuel cells. TANAKA Kikinzoku Kogyo already boasts a worldleading share of the fuel cell catalyst market, and with the expansion of the center, production capacity will increase seven-fold.

The new building is located adjacent to the existing FC Catalyst Development Center at TANAKA Kikinzoku Kogyo's Shonan Plant. This new building has approximately 3,000 square meters. This development and production site expansion has been combined with the construction of a new shipping and warehouse facility. TANAKA's added production capacity will increase by seven times the current production capacity. As a result, TANAKA will be able to provide stable supplies of products in response to demand for precious metal electrode catalysts which is rising in recent years to facilitate the development of a hydrogen-based society as well as expansion of fuel cell markets. The new buildings are scheduled for completion on July 18, 2018, and full-scale operations will commence in January 2019.

China has recently announced it support of developing hydrogen energy and fuel cell vehicles as strategic industries. With the announcement by the city of Shanghai of a subsidy policy plan for purchasing fuel cell vehicles and the establishment of R&D facilities. The global move away from diesel vehicles is accelerating in Europe, and there are developments in new transportation areas including fuel cell trains, marine, and unmanned vehicles that run on hydrogen. As a result, responses to the growing worldwide demand for fuel cell electrode catalysts are needed.

TANAKA will achieve stable supplies of fuel cell electrode catalysts while focusing on research and development. As a leading company for fuel precious metal catalysts over the past five decades, TANAKA will contribute to the widespread adoption of fuel cells and the development of a hydrogen-based society.

Overview of the Fuel Cell Electrode Catalyst Plant
- Location: On the grounds of the TANAKA Kikinzoku Kogyo Shonan Plant in Kanagawa (Prefecture)
- Floor area: New buildings - approximately 3,000 square meters
The total floor area of the FC Catalyst Development Center is approximately 4,000 square meters
- Business activities: Research, development and manufacture of electrode catalysts for polymer electrolyte membrane fuel cells
- Reference information:
Construction completion ceremony to be held on July 18, 2018
Full-scale operations scheduled to begin in January 2019
Investment amount: Approximately 4.0 billion yen

TANAKA's Fuel Cell Electrode Catalysts
The FC Catalyst Development Center at the TANAKA Kikinzoku Kogyo Shonan Plant currently develops and manufactures electrode catalysts for polymer electrolyte membrane fuel cells (PEFC). PEFC are used in fuel cell vehicles (FCV), ENE-FARM household fuel cells, and other applications, and their use is expected to expand in the future to commercial vehicles such as FC buses and industrial machinery including FC forklifts. PEFC are compact and lightweight and exhibit high output, and are a new, earth-friendly energy technology that employs a chemical reaction between hydrogen and oxygen. TANAKA is consolidating the precious metal catalyst technologies and electrochemical technologies that it has accumulated over many years to develop highly active platinum catalysts for PEFC cathodes (air electrodes) and platinum alloy catalysts with superior carbon monoxide (CO) poisoning tolerance characteristics for anodes (fuel electrodes).

Press release (PDF): http://www.acnnewswire.com/clientreports/598/180710_EN.pdf


TANAKA Holdings Co., Ltd. (Holding company of TANAKA Precious Metals)
Headquarters: 22F, Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo
Representative: Akira Tanae, Representative Director & CEO
Founded: 1885
Incorporated: 1918*
Capital: 500 million yen
Employees in consolidated group: 5,034 (FY2017)
Net sales of consolidated group: 976,613 million yen (FY2017)
Main businesses of the group: Strategic and efficient group management and management guidance to group companies as the holding company at the center of the TANAKA Precious Metals.
Website: http://www.tanaka.co.jp/english (TANAKA Precious Metals), http://pro.tanaka.co.jp/en (Industrial products)
*TANAKA Holdings adopted a holding company structure on April 1, 2010.

TANAKA Kikinzoku Kogyo K.K.
Headquarters: 22F, Tokyo Building, 2-7-3 Marunouchi, Chiyoda-ku, Tokyo
Representative: Akira Tanae, Representative Director & CEO
Founded: 1885
Incorporated: 1918
Capital: 500 million yen
Employees: 2,246 (as of March 31, 2018)
Sales: 827,040.201 million yen (FY2017)
Main businesses: Manufacture, sales, import and export of precious metals (platinum, gold, silver, and others) and various types of industrial precious metals products.
Website: http://pro.tanaka.co.jp/en

About the TANAKA Precious Metals
Since its foundation in 1885, the TANAKA Precious Metals group has built a diversified range of business activities focused on precious metals. TANAKA is a leader in Japan regarding the volumes of precious metals handled. Over the course of many years, TANAKA Precious Metals has not only manufactured and sold precious metal products for industry but also provided precious metals in such forms as jewelry and resources. As precious metals specialists, all Group companies within and outside Japan work together with unified cooperation between manufacturing, sales, and technological aspects to offer products and services. Besides, to make further progress in globalization, TANAKA Kikinzoku Kogyo welcomed Metalor Technologies International SA as a member of the Group in 2016.

As precious metal professionals, TANAKA Precious Metals will continue to contribute to the development of an enriching and prosperous society.

The five core companies in the TANAKA Precious Metals are as follows.
- TANAKA Holdings Co., Ltd. (pure holding company)
- TANAKA Kikinzoku Kogyo K.K.
- TANAKA Denshi Kogyo K.K.
- Electroplating Engineers of Japan, Limited
- TANAKA Kikinzoku Jewelry K.K.

Press inquiries
TANAKA Holdings Co., Ltd.
https://www.tanaka.co.jp/en/protanaka/inquiry/index.php

 
Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

BASARNAS, Continuing to Improve

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JAKARTA, INDONESIA, Jul 11, 2018 - (ACN Newswire) - Known as the world's largest archipelagic state, Indonesia has coastline reaching 99,095 KM, and is blessed with many unique resources and a beautiful natural wealth spanning phenomenal panoramas, god-given coral reefs, and long, exotic rivers, active volcanoes to vast oceans, abundantly covering the country from Sabang to Merauke.

Apart from being the world's largest archipelago state, Indonesia is also strategically located between two continents and two oceans, placing it on the cross-spot of the busiest flight and shipping routes. Even though the technological advances have fortified the transportation, it will always pose risks.

This challenge will continue to grow alongside the modes of transportation development which makes the mobility of people and goods increase over time. To cope with the accident risk getting higher, the National Search and Rescue Agency (BASARNAS) is committed to safeguarding Indonesia as a flight- and shipping-friendly country.

The Air Asia crash sometimes ago, the recent sinking of MV Sinar Bangun and MV Lestari Maju as well as other domestic accidents have opened up our eyes regarding how important and crucial the role of BASARNAS to minimize the accident fatalities.

With the ultimate responsibility for the safety of its citizens during times of natural disaster, the Government of Indonesia deploys and relies on BASARNAS. BASARNAS plays a critical role during all periods of disaster, conducting effective SAR operations efficiently, safely and securely, anytime and anywhere. BASARNAS will be at the forefront of any ongoing natural disaster, saving lives and preventing more loss.

The organization, which currently has 38 Offices as well as 77 Search and Rescue Stations nationwide, has made numerous achievements

Wall Street Journal (WSJ), a US-based media, praised Indonesia for having a foremost search and rescue abilities among other Asian countries. Greg Waldron, a foreign expert and the managing editor of Flight Global aviation magazine for Asia as quoted by WSJ said that the Basarnas ability is derived from its experience on the previous plane crash and ferry accidents.

The familiarity to the complexity of Indonesian geographical regions is one of the superior factors the Indonesian SAR team has. With the existing 18,000 islands, Greg continued, BASARNAS has a lot of experience in handling the plane and ship accidents and natural disasters. Based on his records, the Indonesian SAR team has been able to handle various ferry and plane accidents.

Meanwhile, the Head of the National Search and Rescue Agency (Basarnas) Air Marshal M. Syaugi, S.Sos., M.M. stated that the search and rescue operation success is not merely due to the BASARNAS competency alone, but is the embodiment of the.

The search and rescue operation success determined by three factors, namely speed, accuracy, and competencies or human resources. "These three factors are the mandatories for all personnel to be able to respond to the challenges of the search and rescue service quickly, accurately, safely," said M. Syaugi.

Given the growing challenges, BASARNAS must be able and ready at all times in providing search and rescue services to the needy communities by continuing to improve the human resources capabilities through continuous training. In addition, BASARNAS empowerment is also done by increasing the availability of SAR equipment. BASARNAS currently has various classes of rescue ships and dozens of rescue boats. In addition to rescue ships and rescue boats, BASARNAS' arsenal is also fitted with helicopters such as the Eurocopter AS-365 N3+ (Dauphin), which are the main means of initial operation based in Jakarta, Surabaya, and Tanjung Pinang.

The existing equipment is currently still inadequate to reach the vast territory of Indonesia. Therefore, SAR operations are still heavily dependent on the other SAR potentials both government and private institutions. With the increased responsibilities assumed by Basarnas, it is expected that the fulfillment of SAR facilities and infrastructure can be adequately implemented.

For further information, please contact the National Search and Rescue Agency (Basarnas). Email: humas.basarnas@yahoo.com and basarnas@gmail com


 
Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

China Property Outlook: A Long Last Dance

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HONG KONG, Jul 11, 2018 - (ACN Newswire) - CCB International Securities Limited (CCBIS) released an analyst report for the 2018 China property market outlook in early July.

According to the report, the boost in transaction volume in the primary market would be short-lived prosperity, and price performance in the secondary market is not likely to withstand as some tier-one cities such as Beijing and Shanghai are seeing diminishing purchasing power from high property prices, rising mortgage rates, and a lack of demand. Considering these reasons, CCBIS believes there is a high chance that tightening measures will soon arrive and contract volume and price growth in the secondary market, where home prices are rising rapidly.

Though a correction of the property market would be a nationwide movement, CCBIS expects a regional short revival will take place in the Pearl-River-Delta (PRD) region based on the expectation of an announcement of a detailed plan supporting Greater-Bay Area development. Due to the expectation that the government is less likely to tolerate any form of excessive property price growth, it may take action long before speculative buyers do.

Amid the prosperity lies a nationwide downtrend of home prices and volume. Home buyers are expecting potential policy loosening in the hope that the government supports the real estate sector to sustain overall economic growth, while once the tension between China and the U.S eases, the government will reiterate a tight property policy. At this point, CCBIS remains "Neutral" on the China property sector and recommends investors stay defensive and buy quality SOEs with strong balance sheets.

CCBIS' top picks are China Overseas Land (688.HK), China Resources Land (1109.HK), and Jinmao (817.HK).

CCBI was nominated in the 2018 Asiamoney Brokers Poll, and we cordially invite you to cast your valuable vote for CCBI!

Please click the link below to vote for CCBI.
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Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

"TRIBRID Project" Registered as a JCM Project in Indonesia

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Fig. 1: Exterior view of TRIBRID BTS (Tana Lout Regency, Kalimantan Prov., Indonesia)
Fig. 2: Official logo of The 60th Anniversary of Japan-Indonesia Diplomatic Relations
Fig. 3: A conceptual diagram of TRIBRID BTS.
Aiming for an 80% cut in base station carbon footprint

TOKYO, Jul 11, 2018 - (ACN Newswire) - "TRIBRID Project" in Indonesia by KDDI and NEDO was registered as an official project under the Joint Crediting Mechanism (JCM), which facilitates diffusion of leading low carbon technologies as well as implementation of mitigation actions, and contributes to sustainable development of Indonesia.

TRIBRID System can reduce electric power consumption of Base Transceiver Stations (BTSs) by selecting most efficient power source depending on time of day and weather conditions among three sources: commercial-use electric power service, solar panel electricity generation and battery charging with late-night power service. In this demonstration project, TRIBRID System is installed to 20 conventional mobile communication's BTSs in Indonesia to demonstrate that the overall greenhouse gas emission of BTSs can be reduced by up to 80%.

This demonstration project has been also designated as a commemorative project on The 60th Anniversary of Japan-Indonesia Diplomatic Relations.

1. Overview

In Indonesia, while BTSs are proliferating as mobile phones come rapidly into widespread use, many BTSs lack access to commercial-use power service and are subject to power outages. Diesel electric power generators installed to ensure stable power supply consume fuel and impact the environment.

In January 2015, KDDI began introducing TRIBRID BTSs in Indonesia as part of an initiative of the Ministry of Economy, Trade and Industry (METI)*1. By January 2018, a NEDO program*2 had completed the adoption of TRIBRID System at 20 BTSs in Indonesia and was moving forward with the Demonstration Project. TRIBRID BTSs make efficient use of power by alternating commercial-use power, solar power and late-night battery charging, depending on time of day and weather conditions. KDDI built the first TRIBRID BTS in Japan in December 2009. Since then, the number of TRIBRID BTSs has expanded to 100 nationwide.

On July 10th, 2018, "TRIBRID Project" run by NEDO and KDDI in Indonesia was approved and registered as an official project by the Japan-Indonesia JCM*3 Joint Committee.

This demonstration project are designed to verify electric load control at BTSs, which involves managing the power generated by solar panels, power stored in lithium ion batteries, commercial-use power service and power supplied by diesel generators at TRIBRID BTSs set up in Indonesia. While making it possible to reduce greenhouse gas emissions and cut diesel fuel consumption, TRIBRID Technologies also make it possible to ensure long-term stability in the telecommunications environment. Since all of the parts necessary for TRIBRID System are procured within Indonesia, TRIBRID Project also contributes to Indonesia's industrial development. This project will verify the effectiveness of TRIBRID System at BTSs in tropical rainforest locations and through the monsoon season. As progress is made in optimizing the system for a wide range of environments, the project aims to have demonstrated by its conclusion in February 2019 the energy conservation equivalent of a cut of up to 80% in greenhouse gas emissions.

Moving forward, NEDO and KDDI will cooperate with the Indonesian Ministry of Industry to further spread the use within Indonesia of patented TRIBRID technologies used in Japan. By converting 5% to 10% of the base stations in Indonesia that lack commercial-use power sources or are otherwise susceptible to power supply instability, they aim to improve energy conservation by the equivalent of approximately 70,000 tons of greenhouse gas emissions per year.

On June 21, 2018, this demonstration project has been recognized as a commemorative project on The 60th Anniversary of Japan-Indonesia Diplomatic Relations*4.

Notes:
*1 See the KDDI news release issued on Jan. 14, 2015: "KDDI tackles global warming with international TRIBRID base stations"
English: http://news.kddi.com/kddi/corporate/english/newsrelease/2015/01/14/885.html
Japanese: http://news.kddi.com/kddi/corporate/newsrelease/2015/01/14/864.html
*2 NEDO program
Original program name: JCM Feasibility Studies and Demonstration Projects
Project period: FY2011-FY2022
Budget: 1.3 billion yen (FY2018)
Visit the following URL for a program overview
http://www.nedo.go.jp/english/other_20161111.html?from=key
Since 2018, the program has been referred to as the "Program to Facilitate Private-Sector-Led Promotion of Low-carbon Technology Overseas"
*3 Joint Credit Mechanism system (JCM)
In cooperation with the partner countries, JCM works to reduce emissions of greenhouse gases, and to split the benefits between the two countries. For more information, visit the URL below:
https://www.carbon-markets.go.jp/jcm/index.html
*4 Projects marking the commemoration of the 60th anniversary of the establishment of Japan-Indonesian diplomatic relations
For more information, visit the URL below:
https://www.60jpid.com/

2. For more information, please contact:

For inquiries about the content of this news release:
NEDO International Affairs Department, Global Environment Technology Promotion Division
Contact parsons: Kobayashi, Ishida, Kisanuki,
TEL: +81-44-520-5185

*This release is an abridged translation of the full announcement:
http://news.kddi.com/kddi/corporate/newsrelease/2018/07/11/3261.html

 
Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

Teledyne e2v announces first military grade qualified commercial processors from NXP's T-Series

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Teledyne e2v has qualified two members of NXP's latest generation of QorIQ(R) Processors based on Power(R) Architecture Technology, the T2080 and T2081, for Aerospace and Defense applications.

Grenoble, FRANCE, Jul 11, 2018 - (ACN Newswire) - Teledyne e2v, an aerospace qualified manufacturer of advanced semiconductors, has qualified and released the first two upscreened versions of NXP's T-Series processors to operate at -55 degrees Celsius to 125 degrees Celsius. The T-Series is the latest generation of QorIQ Power PC processors from NXP offering multi-threaded CPU performance and a mature suite of software and tools for a wide range of designs. The T2080 and T2081 deliver optimal performance and power efficiency via eight highly efficient, virtual e6500 Power Architecture(R) cores and feature integrated security and pattern matching accelerators.

Designers of Aerospace and Defense systems seeking to reduce overall power consumption, without sacrificing computing performance, will welcome the addition of the T2080 and T2081 to Teledyne e2v's portfolio. The military grade qualification guarantees the two devices will be fully functional between -55 degrees Celsius and 125 degrees Celsius and available in both RoHS and leaded packages. The T-Series offers improved computing performance and reduced power consumption versus the previous generation of QorIQ(R) PowerPC processors, known as the P-Series, which Teledyne e2v has already qualified for Aerospace and Defense applications.

"Teledyne e2v has been a valued partner with NXP in bringing our commercial processors to High-Reliability applications for decades," commented Altaf Hussain, Marketing Manager for NXP. "We're pleased that Teledyne e2v will be offering the T2080 and T2081 with a military grade qualification and believe the Aerospace and Defense industry will benefit from the advanced computing performance and low power consumption of these high performance devices."

Teledyne's e2v's military grade versions of these devices are qualified by Teledyne e2v to be fully functional in Aerospace and Defense applications. In addition, as part of Teledyne e2v's Semiconductor Lifecycle Management program, SLiM(TM), the lifetime of these solutions can be supported for 15+ years, avoiding common and costly obsolescence issues.

Thomas Guillemain, Marketing and Business Development Manager of Digital Processing Solutions at Teledyne e2v, said "The T-Series offers the opportunity to improve computing performance and reduce power consumption, two very important design factors for our customers. Following the popularity of the P3, P4 and P5 devices from NXP's P-Series family, it was a natural choice to qualify the T2080/81 as they are great options for those wishing to improve system performance or reduce power demands."

The T2080 and T2081 mark the first military versions of the second generation of QorIQ(R) PowerPC processors, with Teledyne e2v planning to have the entire T-series military qualified later this year. Samples of different variations and specifications are available to order now via Teledyne e2v's website.

For more information, visit e2v.com/T2080.

Notes to Editors:
About Teledyne e2v
Teledyne e2v's innovations lead developments in healthcare, life sciences, space, transportation, defence and security and industrial markets. Teledyne e2v's unique approach involves listening to the market and application challenges of customers and partnering with them to provide innovative standard, semi-custom or fully-custom solutions, bringing increased value to their systems.

Teledyne e2v is a world leader in re-engineering and up-screening commercial technologies and has held a strategic partnership with NXP for over 30 years to develop space, military and industrial grade versions of NXP's commercial processors. With access to original test vectors, Teledyne e2v offer guaranteed extended reliability versions of a broad line of the QorIQ(R) PowerPC portfolio and is developing an offering for the NXP Layerscape(R) portfolio.

For media enquiries, please contact:
Teledyne e2v: yuki.chan@teledyne-e2v.com | + 852 3679 3652

 
Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

MHI Thermal Systems to Establish European Sales and Servicing Company in Germany for Truck/Trailer Reefers

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- Agreement Concluded on Forming Joint Venture with German Partner -

- New company to launch in September with MHI Thermal Systems holding majority stake
- Target set on expanding business into Western and Central European markets
- Product offerings to be revealed at IAA Commercial Vehicles show in Hannover

TOKYO, Jul 11, 2018 - (JCN Newswire) - Mitsubishi Heavy Industries Thermal Systems, Ltd., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI), has concluded an agreement with HEIFO Ruterbories GmbH & Co. KG (HEIFO), a German company handling air-conditioning and refrigeration systems, to establish a joint venture (JV) to provide sales and servicing of truck/trailer reefers in Europe. The JV, to be launched in September, will be known as Mitsubishi Heavy Industries Thermal Transport Europe GmbH. Its establishment is aimed at enhancing quick-response sales capability, reinforcing support functions in technical solutions and maintenance, and expanding business within Europe. Operations will initially focus on the German and Northern European markets, with further expansion eyed in Western and Central Europe as well.

Up to now, HEIFO has handled sales and maintenance of Mitsubishi brand truck/trailer reefers in Germany. The company is based in Osnabruck, in the state of Lower Saxony (Niedersachsen), an area with strong affiliations to the auto industry. The newly forming company will be located here, capitalized at 6 million euros (approx. 800 million yen), with MHI Thermal Systems contributing 60%. Initially, products will be supplied from Japan and China.

Around 2005, limited range of MHI brand truck/trailer reefers have been adopted European standards and supplied mainly to Germany and Sweden, countries home to many leading truck manufacturers. Now, because these products have won considerable acclaim and support in those markets, MHI Thermal Systems has taken the decision to secure a directly managed regional sales base and commence development of its own sales and servicing routes. In particular, after Germany and Northern Europe, promising markets are eyed in the UK, France, Italy and Spain, and based on the marketing results to be achieved by the new company, plans call for development of products specifically engineered for the European markets.

The specific product models to be launched by the new company into the European markets, along with sales strategies, etc., will be revealed at this year's IAA (Internationale Automobil-Ausstellung) Commercial Vehicles show taking place in Hannover, Germany, starting September 20.

The establishment by MHI Thermal Systems of a regional base for truck/trailer reefers in Europe follows the founding of a similar JV, RCC Asia Co., Ltd., in Thailand focused on the Asian markets, and both jointly constitute a part of the company's drive to expand business in the global market for truck/trailer reefers.

Going forward MHI Thermal Systems, as a specialist providing innovative thermal solutions, will continue to expand its lineup of truck/trailer reefers supporting land transportation of refrigerated cargoes, and to focus its resources into developing optimal production and sales structures both in Japan and overseas. In these ways the company looks to secure a position of competitive superiority within the global market while simultaneously contributing to protection of the global environment.

About Mitsubishi Heavy Industries, Ltd.

Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, is one of the world's leading industrial firms with 80,000 group employees and annual consolidated revenues of around 38 billion U.S. dollars. For more than 130 years, the company has channeled big thinking into innovative and integrated solutions that move the world forward. MHI owns a unique business portfolio covering land, sea, sky and even space. MHI delivers innovative and integrated solutions across a wide range of industries from commercial aviation and transportation to power plants and gas turbines, and from machinery and infrastructure to integrated defense and space systems.
For more information, please visit the MHI Group website: http://www.mhi-global.com.
For Technology, Trends and Tangents, visit MHI's new online media SPECTRA: http://spectra.mhi.com.

Contact:
Joseph Hood, PR Manager Mitsubishi Heavy Industries, Ltd. Email: mhi-pr@mhi.co.jp Tel: +81-(0)3-6716-2168 Fax: +81-(0)3-6716-5860

Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

Toyota Launches Car Share Service in Honolulu Through Servco Pacific Inc.

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Hui Car Share Service
- Innovative car-share program features range of well-appointed Toyota and Lexus vehicles at 25 easily accessible stations throughout Honolulu
- Easy-to-use mobile app developed by Toyota Connected helps Hui deliver convenient mobility solutions

TOKYO, Jul 11, 2018 - (JCN Newswire) - A jaunt to the beach, a quick errand or the drive to work. These activities just became more manageable for residents of Honolulu and visitors alike with today's launch of a creative new mobility solution called Hui--a round-trip, station-based car share service. Operated by Servco Pacific (Servco), Toyota's distributor in Hawaii, the Hui service utilizes Toyota's proprietary global Mobility Service Platform (MSPF) and a consumer facing app developed by Toyota Connected North America (TCNA), the global technology strategy business unit for Toyota.

Seventy Toyota and Lexus vehicles are available for reservation through the Hui mobile app (for iOS and Android devices) by the hour or day at 25 easily accessible locations throughout Honolulu. The vehicles initially in the program include the Toyota Prius, Prius Prime, Camry XSE, as well as Lexus RX350 and RX F Sport vehicles. Hui vehicles are parked in marked, reserved stalls for easy pick-up and drop-off.

The app supports a range of fleet management tools, as well as driver identification, authentication and payment management. In addition, Hui vehicles are equipped with Toyota's Smart Key Box, which generates a digital key that allows users to lock and unlock, as well as start vehicles via their smartphone.

http://www.acnnewswire.com/topimg/Low_HuiCarShareService.jpg
Hui Car Share Service

"We're really excited about Hui because it's a game changing way to offer car sharing," said Zack Hicks, chief executive officer and president of TCNA, and chief digital officer of Toyota Motor North America. "The program is simple to use and more convenient than a traditional car rental service--plus typical add-ons like gas and insurance are included in the reservation cost. And thanks to Servco's strong relationships with consumers and extensive knowledge of this market, Hui will be the most accessible car share service in Honolulu by far."

TCNA and Servco developed the service together as one of the first public applications of MSPF, the core ecosystem for leveraging the potential of connected vehicle systems to support the development of new mobility businesses--such as car-sharing, ride-sharing and remote delivery. The platform gives fleet operators the capability to launch their own car share programs, capitalizing on the strength of their local expertise, while supporting leading-edge mobility use cases as they arise.

"Hui is the most innovative car share service to hit the Hawaii market and marks a significant milestone for both Servco and Toyota," said Mark Fukunaga, chief executive officer of Servco. "Hui provides a new option for Honolulu residents and visitors looking for vehicle access while complementing other existing mobility services such as bike share, ride share and public transportation, and we are excited for consumers to utilize the technology."

For more information on pricing, station locations and terms of service, please visit www.drivehui.com.

About Toyota Connected North America, Inc.

Based in Plano, Texas, Toyota Connected North America (TCNA) was established in 2016 to drive Toyota's global efforts for an intelligent mobile society. With big data collected from vehicles and analyzed on a cloud platform, TCNA humanizes the driving experience by freeing customers from the tyranny of technology via seamless and contextual services, elevating the customer experience while benefitting dealers, distributors, and partners. Analyzing traffic patterns, driver behavior and connecting drivers with infrastructure and other information is only part of TCNA's work that will open new services and products to keep the car as a beloved companion.

About Hui

Developed by Toyota Connected North America and Servco, Hui is a round-trip, station-based service that is available to users 24/7. It is a global pilot program for Toyota's shared mobility service platform. Hui vehicles can be reserved by the hour or day as the program is designed to replace or supplement vehicle ownership. To utilize Hui, a user must have a valid driver's license and meet a driving record standard. Once available to the public, qualified users will be able to download the app onto their mobile phone, register as a member, then search for the nearest vehicle and reserve a date and time. Gas, insurance, parking at the station, 24-hour roadside assistance, and a 24-hour call center are all included in the hourly rate of the vehicle.

About Toyota

Toyota Motor Corporation (TMC) is the global mobility company that introduced the Prius hybrid-electric car in 1997 and the first mass-produced fuel cell sedan, Mirai, in 2014. Headquartered in Toyota City, Japan, Toyota has been making cars since 1937. Today, Toyota proudly employs 370,000 employees in communities around the world. Together, they build around 10 million vehicles per year in 29 countries, from mainstream cars and premium vehicles to mini-vehicles and commercial trucks, and sell them in more than 170 countries under the brands Toyota, Lexus, Daihatsu and Hino. For more information, please visit www.toyota-global.com.

Contact:
Public Affairs Division Global Communications Department Toyota Motor Corporation Tel: +81-3-3817-9926

Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

Eisai: Oral Antifungal Agent Nailin Capsules 100mg to be Launched in Japan

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TOKYO, Jul 11, 2018 - (JCN Newswire) - Sato Pharmaceutical Co., Ltd. and Eisai Co., Ltd. will launch the oral antifungal agent NAILIN Capsules 100mg in Japan on July 27, 2018.

Sato Pharmaceutical obtained marketing and manufacturing approval for NAILIN Capsules 100mg as an oral treatment for onychomycosis. This product is the first new treatment for the disease in approximately 20 years. NAILIN Capsules 100mg contains the active ingredient fosravuconazole L-lysine ethanolate which was discovered by Eisai and has improved bioavailability compared to ravuconazole.

Caused by the invasion of the nails by the Trichophyton fungus via the skin of the hands and feet, onychomycosis is a fungal infection that induces symptoms such as the clouding and thickening of nails as well as hyperkeratosis in the area surrounding the nail. Onychomycosis affects 1 in every 10 Japanese people with an estimated approximately 11 million sufferers in Japan, and incidence rises with age. Although it is an easy disease to leave untreated as it is not associated with pain or itchiness, if the disease progresses, various symptoms may occur such as pain from misshapen nails, difficulty in putting on shoes and pain upon walking, and many patients are concerned about reduction in QOL (quality of life). Furthermore, it is possible for Trichophyton to infect other people by sharing slippers, bathmats and other mediums.

In a Phase III clinical study conducted by Sato Pharmaceutical of NAILIN Capsules 100mg administered orally once daily for 12 weeks in patients with onychomycosis conducted in Japan, superior efficacy was confirmed for NAILIN Capsules 100mg compared to placebo.

Going forward, Sato Pharmaceutical will conduct marketing of NAILIN Capsules 100mg, while Sato Pharmaceutical and Eisai are jointly providing information on its proper use. By expanding the options for treating onychomycosis through NAILIN Capsules 100mg, the two companies are striving to further contribute to the treatment of onychomycosis patients.

About Sato Pharmaceutical Co., Ltd.

Sato Pharmaceutical Co., Ltd., operating under its corporate philosophy of "Healthcare Innovation", is a pharmaceutical company that provides effective, safe, and highquality products for practicing selfcare, while always keeping the health of its customers in mind. In addition to its main consumer healthcare business, Sato Pharmaceutical also develops and provides highly original products primarily in the field of dermatology.

Regarding ethical pharmaceuticals, through the marketing of NAILIN Capsules 100 mg in addition to the onychomycosis treatment LUCONAC Solution 5% launched on April 25, 2016, Sato Pharmaceutical is able to provide both externally and internally administered medicines as options for the treatment of onychomycosis. Going forward, Sato Pharmaceutical is expanding promotion aimed at establishing a brand with these products as two pillars of onychomycosis treatment, and is striving to continue growing as a leading company in the treatment of onychomycosis that is trusted by healthcare professionals.

About Eisai

Eisai Co., Ltd. (TSE:4523; ADR:ESALY) is a research-based human health care (hhc) company that discovers, develops and markets products throughout the world. Eisai focuses its efforts in three therapeutic areas: integrative neuroscience, including neurology and psychiatric medicines; integrative oncology, which encompasses oncotherapy and supportive-care treatments; and vascular/immunological reaction. Through a global network of research facilities, manufacturing sites and marketing subsidiaries, Eisai actively participates in all aspects of the worldwide healthcare system. For more information about Eisai Co., Ltd., please visit www.eisai.com.

Contact:
Sato Pharmaceutical Co., Ltd. Public Relations Department +81-(0)3-5412-7354 Eisai Co., Ltd. Public Relations Department +81-(0)3-3817-5120

Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

Showa Denko and Cinnamon to Develop AI-enabled Database System for Japanese Technical Documents

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Scheme for joint development
A sample of handwritten document
TOKYO, Jul 11, 2018 - (JCN Newswire) - Showa Denko K.K. (SDK; TSE:4004) and Cinnamon Inc. (Cinnamon) will jointly develop a database system equipped with artificial intelligence (AI) to register technical documents. This development program has been accredited as a project to be subsidized by the New Energy and Technology Development Organization (NEDO) as a part of NEDO's "Program to Support Joint Development of AI Systems*."

Technical documents accumulated by Japan's manufacturing industry contain a massive amount of knowledge. However, most of those documents are stored as data on paper. If we want to make the most of the technical knowledge of our forefathers and utilize them as a source of new value, we should convert "analog data" into "digital data" and store it on electronic databases.

It is difficult to manually convert massive amounts of paper-based data. Moreover, existing optical character reader (OCR) technology cannot read technical documents containing handwritten characters with enough accuracy. Thus it has been difficult for us to accurately convert technical documents accumulated as data on paper into digital data and store them on electronic databases.

SDK and Cinnamon have agreed to jointly grapple with the above problem and will promote the development of a database system with the object of utilizing technical documents. The system will be equipped with AI-based automatic OCR technology to accurately digitize data on paper containing handwritten characters and highly convenient data search function.

The two parties will aim to create an intensely practical database system through close cooperation between Cinnamon, which has deep expertise and programming technology on AI and image analysis, and SDK, which holds abundant real data (technical documents) that contain expertise in many fields including petrochemical, carbon, and aluminum products.

*For the detail of NEDO's "Program to Support Joint Development of AI Systems," please refer to the following URL: http://www.nedo.go.jp/koubo/CA2_100167.html

Outline of Showa Denko
Company name: Showa Denko K.K.
Address: 13-9, Shiba Daimon 1-chome, Minato-ku, Tokyo
Established: June 1939
Representative: Kohei Morikawa, President and CEO
Scope of business: Production and sale of organic/inorganic chemicals, ceramics, electronic materials, aluminum products, etc.
URL: http://www.sdk.co.jp/

Outline of Cinnamon
Company name: Cinnamon Inc.
Address: 6th floor, Higashi-azabu Building, 9-16, Higashi-azabu 1-chome, Minato-ku, Tokyo
Established: October 2016
Representative: Miku Hirano, CEO
Scope of business: Artificial intelligence products, Consulting on artificial intelligence
URL: http://www.cinnamon.is/

About Showa Denko K.K.

Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY), a major manufacturer of chemical products, serves a wide range of fields from heavy industry to electronics and computer industries. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, and the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory and graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high-bright LEDs and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.

Contact:
Showa Denko K.K. PR Office Phone: 81-3-5470-3235 Facsimile: 81-3-3431-6215 Cinnamon, Inc. PR Representative Phone: 81-3-6807-4091 Facsimile: 81-3-6807-4092 E-mail: contact@cinnamon.is

Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

Free Electrons: 28 Pilots Already Launched between Startups and Utilities

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Module 2 was hosted in San Francisco with Top 15 startups

TOKYO, Jul 11, 2018 - (JCN Newswire) - Free Electrons, the first global energy accelerator program that connects the world's most promising startups with leading utilities around the world, has wrapped up its second module with an impressive total of 28 running pilots with a final module in Berlin to go.

The program kicked off its 2018 edition with a successful Bootcamp in Lisbon, followed by module 1 in Sydney/Melbourne, where initial pilots were scoped between utilities and startups. Module 2 took place in Silicon Valley, the global tech hub, and focused on growth and learning.

In module 2, sessions where utilities and startups forwarded their on-going pilots were key in maximizing performance. The module was also an opportunity to develop new relationships and opportunities. In module 1 only one pilot per startup was recommended in order to insure focus and traction. In module 2 the learnings were shared and the playing field was open.

Free Electrons allows for utilities to cooperate with each other on pilots, which is unique, and effective for startups, as they only have to go through a learning curve with a utility once and allows for them to scale much faster. To date startups could only have one pilot, but from now they have the opportunity to work with multiple utilities.

One such example is between Verv, that created a clever home energy assistant, and ESB, that has already successfully completed a pilot with Sterblue, and is now preparing the next steps to apply their solution to monitoring wind farms. Another example is SOLshare, a blockchain platform that is doing a pilot with Innogy where a donor can choose individual users or a predefined group of users (like a village) to donate energy and a second pilot with Tokyo Electric Power Company (TEPCO) to develop a technology and implement for field-testing to enhance data access in DC microgrids.

"We wanted a safe, fast and accurate solution to inspect our wind turbines to minimize maintenance costs & generator downtime. Sterblue were super-accommodating of all our requirements. Sometimes we find it can actually be easier to work with startups than larger companies because they are more flexible, enthusiastic and listen intently to their customer's needs", says John McKiernan, Head of External Collaboration at ESB. "This program connects us with new companies that we might never otherwise find. It is a tremendous catalyst for accelerating change and innovation at ESB", adds John McKiernan.

Module 2 (San Francisco)

The first two days of the module were partially dedicated to sharing learnings derived from the first 15 pilots underway. This process is core to the program structure and allows startups and utilities to build on the experiences of each other.

The third day represented one of the module's high notes with the Level-Up Energy Innovation event, which presented the Free Electron participants to the Silicon Valley ecosystem. The 15 startups in the program were each given the opportunity to showcase their cutting-edge solutions to an audience comprised of investors and tech experts.

The module closed with the announcement of the new pilots which had been defined throughout the week, and an overview of the roadmap towards the final module in Berlin.

"Naming this program Free Electrons says a lot about the utilities' shared perspective and view regarding the evolution of power and energy industry and markets around the world. Electricity as a commodity will tend to lose value over time, so we need to develop new business models and new services to add value to our shareholders, and they will certainly revolve around digital, data and data management", says Luis Manuel, Executive Board Member at EDP Innovation.

The Free Electrons members are American Electric Power (USA), AusNet Services (Australia), CLP (Hong Kong), DEWA (Dubai), EDP (Portugal), ESB (Ireland), Innogy (Germany), Origin Energy (Australia), SP Group (Singapore) and TEPCO (Japan). The program is supported by Beta-i (Portugal).

In total, the program received 515 applications, from 65 different countries, a testament to the global reach of the initiative. After a selection process that culminated in the Bootcamp (that took place last April, in Lisbon, Portugal), 15 startups qualified for the acceleration phase. The final stage, that closes the program, will happen in Berlin, Germany, in October.

Structure

Three international modules held across the globe are the cornerstones of Free Electrons. During the course of the program participants will work closely with local players, utilities, mentors and other resources in order to accelerate their company's growth.

The utilities backing Free Electrons are leading innovation in the energy sector. This project embodies their commitment to work with startups in building the future of the sector with clean, smart and widely accessible energy.

About TEPCO

Tokyo Electric Power Company Holdings, Inc. (TSE: 9501), headquartered in Tokyo, Japan, is the largest utility in Japan serving millions of homes and businesses. Worldwide the company has more than 34 subsidiaries and 32 affiliates in 8 countries and employs approximately 42,060 people. Consolidated revenue for the fiscal year ending March 31, 2017, totaled 5.3 trillion Japanese yen. The company was established in 1951 and is listed on the First Section of the Tokyo Stock Exchange. For more information visit http://www.tepco.co.jp/en/

About Free Electrons

The Free Electrons Program is the best opportunity for startups in the energy space to grow and develop their businesses. The energy market has seen rapid changes in recent years with the rise of renewables, decentralization of the energy system, regulatory uncertainties and disruptive new technologies. To stay ahead, there is a strong need for utilities to source more innovation externally and consider the 'beyond utilities' business models. http://www.freetheelectron.com/

 
Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

AAG Energy's Operations Remain Strong in 2018Q2

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HONG KONG, Jul 11, 2018 - (ACN Newswire) - AAG Energy Holdings Limited (HKEX stock code: 2686) is pleased to announce its operation update for the 2nd quarter of 2018, i.e. three months ended June 30, 2018 ("2018Q2").

Key Quarterly Highlights:

- AAG continues to outperform the HSE target with zero injury in 2018Q2.

- AAG's gross average daily production for 2018Q2 achieved 2.17 MMCM per day ("MMCMD") (Panzhuang 1.87 MMCMD, Mabi 0.31 MMCMD), a 6.4% increase compared to the gross average daily production of 2.04 MMCMD in 2018Q1 (Panzhuang 1.79 MMCMD, 4.5% increase; Mabi 0.25 MMCMD, 24.0% increase), and a 31.5% increase compared to the gross average daily production of 1.65 MMCMD in 2017Q2 (Panzhuang 1.50 MMCMD, 24.7% increase; Mabi 0.15 MMCMD, 106.7% increase).

- Panzhuang drilled 16 SLH wells and 5 PDW wells in 2018Q2, and 24 wells were put into production during the quarter.

- Mabi Gas Average Well-head Sales Price ("ASP") increased by 39.5% to 1.59 RMB per cubic meter ("rmb/m3") in 2018Q2 (inclusive of retrospective adjustment for 2018Q1) from 1.14 rmb/m3 in 2018Q1, and a 40.7% increase over Mabi's 2017Q2 ASP of 1.13 rmb/m3. This increase resulted from the finalization of discussion with PetroChina and approval by the Joint Management Committee of Mabi in 2018Q2 on pipeline sales price for 2018 and the upward pipeline gas price adjustment with effect from January 2018.

- Panzhuang ASP was 1.50 rmb/m3 in 2018Q2, a slight decrease of 4.5% (despite the end of the peak demand winter period in March 2018 and the start of the summer period in April 2018) over Panzhuang's 2018Q1 ASP 1.57 rmb/m3, but a 20.0% increase over Panzhuang's 2017Q2 ASP of 1.25 rmb/m3.

- Regarding Mabi Overall Development Plan Phase I ("ODP I") progress, AAG and PetroChina jointly decided to go through the requirements and procedures for approval process to obtain ODP approval ("NDRC Approval Process") given that Mabi has been waiting for the requirements and procedures for the filing process for ODP approval ("NDRC Filing Process") since early 2017 when the NDRC announced that the NDRC Approval Process will be changed to the NDRC Filing Process. In June 2018, PetroChina submitted Mabi ODP I to NDRC to commence the NDRC Approval Process. As a result of this change, we expect to obtain the NDRC approval for Mabi ODP I by end of 2018 and be able to start the scaled development of ODP I in 2019.

For details, please refer to the announcement:
http://www.hkexnews.hk/listedco/listconews/SEHK/2018/0711/LTN20180711852.pdf

and you can also find the document on the announcements page of our website:
http://www.aagenergy.com/en-US/file/files/2018-07-11/20292838453.pdf

About AAG Energy Holdings Limited (HKEX stock code: 2686)
AAG Energy Holdings Limited is an international energy company and the leader in China's CBM exploration and development sector. It focuses on developing and optimizing the value of unconventional gas resources to supply clean energy to the Chinese economy. AAG Energy's key operating assets, Panzhuang and Mabi concessions, are located in the Southwestern part of Qinshui Basin, which boasts the largest proved CBM geological reserves of any basin in China. AAG Energy's Panzhuang concession in partnership with China United Coalbed Methane Corporation Ltd., is the most commercially advanced Sino-foreign CBM asset in China and the first Sino-foreign CBM cooperative project to have entered full-scale commercial development and production. The Project has a designed annual production capacity of 500 million m3. AAG Energy's Mabi CBM Project in partnership with PetroChina received preliminary ODP Phase I approval from NDRC in November 2013. The designed production capacity of Mabi Phase I is 1 billion m3 per year. With proven ability to commercialize CBM and a highly-respected management team, the Group has attracted support from leading international and Chinese investors. For further details, please visit www.aagenergy.com.



 
Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

Eastman Schedules Second-Quarter 2018 Financial Results News Release and SEC Form 8-K Filing, Teleconference and Webcast

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KINGSPORT, Tenn., Jul 12, 2018 - (ACN Newswire) - Financial Results Release: Thursday, July 26, 2018, Approximately 4:30 p.m. Eastern Time, Via wire distribution and www.eastman.com, News Center and SEC Form 8-K filing.

Teleconference: Friday, July 27, 2018, 8:00 a.m. Eastern Time, Via listen-only live webcast and teleconference.

Live webcast: www.investors.eastman.com for link to the live webcast and to view the accompanying slides.

Teleconference: Dial-in number 719-457-1036, Passcode: 2085270

Replay: A webcast replay, as well as a replay in downloadable MP3 format, will be available at www.investors.eastman.com.

Telephone replay available continuously beginning at 11:00 a.m. Eastern Time, July 27, 2018 through 11:00 a.m. Eastern Time, Aug. 6, 2018 at 888-203-1112 or 719-457-0820, passcode 2085270.

Investor Contact: Greg Riddle, 212-835-1620, griddle@eastman.com
Media Contact: Tracy Kilgore Addington, 423-224-0498, tracy@eastman.com

###

This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Eastman Chemical Company via Globenewswire

 
Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

Blockpass taps Infinito Wallet for 2M PASS Token Airdrop ahead of Listing

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HONG KONG, June 12, 2018 - (ACN Newswire) - In the lead-up to PASS token’s listings on Lykke, HitBTC and Gatecoin exchanges, Blockpass (http://www.blockpass.org) is conducting an airdrop of 2 million PASS tokens, starting 12 July.

The airdrop is being implemented through Blockpass’ joint venture partner Infinito Wallet – a universal cryptocurrency wallet. Infinito will have an airdrop link on the wallet dashboard on 12 July. The wallet is available in both Android and iOS app stores.

Infinito Wallet natively supports the PASS token as well as a long list of leading cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, EOS, Litecoin, GAS, Dash, ETC, and Dogecoin. It also supports tokens of ETH ERC20 and NEO NEP-5 standards, with more planned on Infinito’s roadmap.

Blockpass is a KYC identity application for bringing the blockchain industry into compliance and mainstream. As a self-sovereign identity platform, Blockpass users can establish, verify, store and manage their identities, maintaining full control over all data involved. With an initial focus on human identity, Blockpass will provide a reliable and cost-effective Know-Your-Customer (“KYC”) and Anti-Money-Laundering (“AML”) service for regulated industries, blockchain merchants and service providers.

Available on iOS and Android, the Blockpass app is consumer-oriented and will enable users to create a new account (profile), submit documents for verification, submit their digital identity to service providers to pass KYC, log in to Blockpass-enabled services, sign crypto-asset transactions, and access third-party decentralized applications (“Dapps”).

Blockpass CEO Adam Vaziri noted that the PASS airdrop was unique opportunity for users to get rewarded for doing the KYC process. Vaziri said, ”Get paid to do your KYC. [This is a] once in a lifetime opportunity to be compensated as a user to get verified. Blockpass airdrop is to help you get verified and make your life easier every time you sign up with a service provider. One click and you are there!”

Verified users of Blockpass do not need to do KYC again to use any financial services and ICOs that may be on the Blockpass platform. Merchants and financial services that use Blockpass to verify their users KYC data at a significant discount. Blockpass does not keep any data of users of its platform

Blockpass began its token distribution event on 31 May 2018, and has just released the third version of its platform in Google Android and Apple iOS appstores.

About Blockpass IDN

The goal of Blockpass IDN (http://www.blockpass.org) is global realization of identity for the Internet of Everything. Through the use of blockchain technology and smart contracts, Blockpass is a production ready Regtech platform offering shared regulatory and compliance services for humans, businesses, objects and devices. As this identity system supports verification of humans (KYC), objects (KYO) and connected devices (KYD), it will enable the development of new applications that rely on a trusted connection between human, corporate, and device identities. Registered in Hong Kong, Blockpass IDN is a joint venture of Infinity Blockchain Labs and Chain of Things. Blockpass IDN licenses its technology from the non-profit Blockpass Foundation, registered in the Isle of Man.

For more information and updates, please visit and sign up to the following:

Promotional video: https://youtu.be/SvO2cw3e-SI
Website:  http://www.blockpass.org
Medium: https://medium.com/@blockpass
Twitter: https://twitter.com/BlockpassOrg
Facebook: https://www.facebook.com/blockpassorg/
Telegram:  https://t.me/blockpass


Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

CCBIS Opinion: Stick With Market Leaders Amid Uncertainties

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HONG KONG, Jul 12, 2018 - (ACN Newswire) - CCB International Securities Limited (CCBIS) released an analyst report on the China technology market in early July.

According to the report, CCBIS' top picks within the PRC technology space are Sunny Optical (2382 HK), Kingdee (268 HK), and Hikvision (002415 CH).

The report stated that Trump's protectionist stance has been the ongoing drag impacting stock performance of PRC technology names in 1H18. CCBIS expects export-driven technology names to continue facing uncertainties, which will suppress sector valuation till a resolution between both parties is agreed upon. Despite the uncertainties, CCBIS suggests investors stick with names that have cutting edge technologies and less exposure to US markets.

CCBIS expects rapid spec upgrades for PRC smartphone brands to continue, such as 3D sensing and innovative camera solutions, which will support higher ASPs for key components. Thus, CCBIS believes these upgrades will benefit leading PRC smartphone component suppliers, and CCBIS favours Sunny Optical (2382 HK, Outperform) the most within the PRC smartphone supply chain.

In addition, 5G is expected to kick-start in 2019F, and surveillance player Hikvision (002415 CH, Outperform) will benefit from the much faster connected networks.

CCBIS also believes PRC enterprise solution players are well positioned for multi-year growth with IaaS/SaaS players taking the centerstage. Among the high-flying cloud players in China, CCBIS believes Alibaba is the clear leader in IaaS while Kingdee (268 HK, Outperform) is the front runner to capture opportunities in the fragmented SaaS areas.

In conclusion, CCBIS prefers Sunny Optical in the hardware space given its leading position in handset lenses and camera modules, Kingdee for its unique position within the SaaS cloud market and cloud sales revenue growth potential over the next few years, and leading video surveillance player Hikvision for its continuous investments in innovative technologies and overseas expansion.

CCBI was nominated in the 2018 Asiamoney Brokers Poll, and we cordially invite you to cast your valuable vote for CCBI!

Please click the link below to vote for CCBI.
https://surveys.euromoney.com/s3/Asiamoney-Brokers-Poll-2018
Please refer to Voting Instruction (http://ccbintl.com.hk/photo/bpdf/voteEN2018.pdf) / and Research Team Introduction (http://ccbintl.com.hk/photo/bpdf/CCBISEN2018.pdf) for more information.


 
Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

Mazda to Adjust Production on and After July 12 Following Record Rains in July 2018

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HIROSHIMA, Japan, Jul 12, 2018 - (JCN Newswire) - Mazda Motor Corporation wishes to convey its heartfelt sympathy and concern for all people affected by the recent record rains. We would like to express our sincere condolences to those affected, and we pray for a prompt recovery in all affected areas.

Mazda will restart operations at Hiroshima Plant and Hofu Plant, which have been suspended since the day-time shift on July 7 following the heavy rain. Starting from the morning of July 12, the Ujina Plant No. 1 and Ujina Plant No. 2 at the Hiroshima Plant will start operations on a single-shift basis, and the Hofu Plant will restart normal operations.

Mazda plans to continue operations as stated above until July 20 in consideration of safety and the logistics situation, but our highest priority is on supporting the recovery of the region. We will announce changes to the production system effective from July 21 separately.

As a company based in Hiroshima, Mazda is determined to provide necessities and physical support for those affected, working closely with local communities to contribute to a swift recovery from this disaster.

About Mazda

Mazda Motor Corporation (TSE: 7261) started manufacturing tools in 1929 and soon branched out into production of trucks for commercial use. In the early 1960s, Mazda launched its first passenger car models and began developing rotary engines. Still headquartered in Hiroshima in western Japan, Mazda today ranks as one of Japan's leading automakers, and exports cars to the United States and Europe for over 30 years. For more information, please visit www.mazda.com

Contact:
Corporate Communications Division Mazda Motor Corporation, Japan +81-3-3508-5056 [Tokyo] +81-82-282-5253 [Hiroshima] mailto: media@mazda.co.jp

Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

BSNL Selects NEC to Build Submarine Cable System between Chennai and the Andaman & Nicobar Islands

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Cable System Route
- NEC Technologies India awarded the Turnkey Contract -

TOKYO, Jul 12, 2018 - (JCN Newswire) - Bharat Sanchar Nigam Limited (BSNL), a Government of India Enterprise, and NEC Technologies India Pvt. Ltd. (NECTI) announced today that a purchase order has been placed by BSNL for NECTI to design, engineer, supply, install, test and implement an optical submarine cable system connecting Chennai and the Andaman & Nicobar Islands (A&N Islands). NEC Corporation (TSE: 6701), the parent company of NECTI, will manufacture the optical submarine cable and provide technical assistance during the turnkey implementation.

http://www.acnnewswire.com/topimg/Low_NECCableSystemRoute.jpg
Cable System Route

The contract is for a system that includes a segment with repeaters from Chennai to Port Blair and seven segments without repeaters between the islands of Havelock, Little Andaman (Hutbay), Car Nicobar, Kamorta, the Great Nicobar Islands, Long Island and Rangat. The total cable length will be approximately 2,300km and carry 100Gb/s optical waves.

The cable system will provide the A&N Islands with sufficient bandwidth for supporting voice and data connectivity that enable the implementation of e-Governance initiatives, such as the establishment of enterprises and e-commerce facilities. The system will also assist educational institutes in the sharing of knowledge and will play a significant role in driving the "Digital India" vision, a campaign launched by the Government of India to ensure that Government services are made available to citizens electronically.

"BSNL is pleased to select NEC for implementing this prestigious project. We trust NEC for the technological edge they hold in the domain and their commitment to adherence of timelines to ensure successful completion of the project. This project will enable much needed high capacity connectivity with the Andaman Islands and usher a new era of development for the region," said Mr. Anupam Shrivastava, Chairman and Managing Director BSNL.

"It is indeed a matter of great privilege and pride for NECTI to be given the opportunity for implementing this project of immense national importance. We are confident about successfully completing the project by leveraging the technological edge of NEC and long history of successful implementation of numerous complex projects in the region," said Takayuki Inaba, Managing Director of NECTI.

"Connecting the A&N Islands to the Indian subcontinent with an optical submarine cable has been a long-time aspiration. NEC is extremely proud of being chosen by BSNL to serve these islands with its cutting edge submarine cable solution, which promises to bring the A&N Islands much closer to the world," said Toru Kawauchi, General Manager, Submarine Network Division in NEC. "Together with NECTI, our local Indian affiliate, we intend to fully capitalize on our regional expertise and to ensure the successful completion of this project."

About Bharat Sanchar Nigam Limited

Bharat Sanchar Nigam Ltd. was incorporated on 15th September 2000. It took over the business of providing of telecom services and network management from the erstwhile Central Government Departments of Telecom Services (DTS) and Telecom Operations (DTO), with effect from 1st October 2000 on going concern basis. BSNL is one of the largest & leading public sector units providing comprehensive range of telecom services in India. BSNL is making focused efforts and planning initiatives to bridge the rural-urban digital divide in ICT sector.

About NEC Technologies India

NEC is a leader in the integration of IT and network technologies and brings more than 100 years of expertise in technological innovation to provide solutions for empowering people, businesses and society. Headquartered in Japan, NEC started operations in India in the 1950s, accelerating its growth through the expansion of business to global markets. NEC in India expanded its business from telecommunications to public safety, logistics, transportation, retail, finance, unified communication and IT platforms, serving across governments, businesses as well as individuals. With its Centre of Excellence for analytics platform solutions, big data, biometrics, mobile and retail, NEC in India offers innovative new services and solutions for India and global markets. NEC operates across India with offices in New Delhi (head office), Noida, Mumbai, Chennai, and Bengaluru. For further information please visit: in.nec.com.

About NEC Corporation

NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. By providing a combination of products and solutions that cross utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society. For more information, visit NEC at http://www.nec.com.

Based on its Mid-term Management Plan 2015, the NEC Group globally provides "Solutions for Society" that promote the safety, security, efficiency and equality of society. Under the company's corporate message of "Orchestrating a brighter world," NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, please visit http://www.nec.com/en/global/about/solutionsforsociety/message.html.

Contact:
NEC Seiichiro Toda s-toda@cj.jp.nec.com +81-3-3798-6511

Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

Higgs and Ausvic Capital collaborate with Token Foundry, a subsidiary of ConsenSys, to hold a Blockchain Summer Showcase For promoting the development of blockchain industry

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HONG KONG, Jul 12, 2018 - (ACN Newswire) - Higgs, a leading financial technology company specializing in blockchain technology, collaborated with Ausvic Capital Limited ("Ausvic Capital") and Token Foundry to organize a summer showcase about blockchain industry. Ausvic Capital focuses on the investment on blockchain technology and cryptocurrency, while Token Foundry is a leading blockchain technology company in the industry. The companies join hands to make every effort to promote the connection between blockchain and each field in the real world in order to exert its infinite possibility and to build a more innovative, equal and efficient world.

Token Foundry is a company owned by ConsenSys, a leader in the blockchain industry in North America. The objective of ConsenSys is to develop decentralized applications for the blockchain ecosystem and provide supporting tools for developers and end users. The Token Foundry dedicated to allow everyone to build and participate in the future of digital monetization, provide new business opportunities, commodities and services in the global, fundamentally change the world and personal interaction.

Mr. Joseph Lubin, CEO of ConsenSys participated in the showcase and demonstrated a vivid speech. He mentioned that, "An excellent blockchain system mechanism is able to attract different participants to this ecosystem and standardize it. We work together to build a microeconomic or an ecological environment. This microeconomic encourages everyone to lend a hand, all of us can contribute to increase the value of token. Each of us gets paid and investors get involved, while tokens can be used and invested."

Driven by the new technology, blockchain has become the next ignition point of technology and will be an essential part to motivate the global economic growth. This summer showcase attracted the participation of frontier guests as the topic includes the latest development of blockchain. Also, Coinsuper, a professional digital asset trading platform, gave a speech in the showcase. The showcase enhanced the understanding and cooperation of all parties regarding the mining of cryptocurrency, blockchain projects and the underlying technology of blockchain, providing the above mentioned three leading companies an innovative idea.

As a hot topic in the financial sector, this showcase has discussed numerous topics and provided huge support for a healthy and orderly development of blockchain industry. Mr. Deng Ke, Chairman of Higgs, stated, "Blockchain could become a revolutionary technology following the Internet, Higgs will seize the opportunity for China's future development and continue to dig deep into the blockchain, hoping to take the lead in the future's innovative technology."

Mr. Chen Ping, Chairman of Ausvic Capital, stated, "Artificial intelligence and Internet of things are all for blockchain technology services. The success of blockchain technology is mainly due to the sound economic incentives. Blockchain technology can only be exerted since all assets are digitalized. The impact of blockchain technology on the economy has just begun, and there is still a long way to go. In the next two years, the block chain will mainly focus on solving the capacity and speed of the public chain. I believe there will be a miracle in two years or so."

Chairman Chen Ping, continued, "Blockchain enables users to make money. In the future's world, smart people should create a platform for free so that everyone can make money in their use. The world will have rapid change by the wise, the world will be peaceful only if everyone is equal in wealth. Only when all assets are digitalized will there be a globally recognized digital currency. Token must be a security and supervision will be strengthened in the future, any country will defend the financial defense."

About Higgs
Higgs was established in August 2017, headquartered in Singapore, which is a science and technology company with blockchain technology as its core. Higgs involves blockchain services such as heterogeneous blockchains and application solutions and blockchain integration solutions, aiming to create a more innovative, equal and highly efficient blockchain technology ecosystem with heterogeneous blockchain, "Higgs Chain" as its core, providing customers with comprehensive and integrated blockchain technology services. At present, Higgs has completed the business layout in numerous countries and regions, including Singapore, the United Kingdom, Japan, South Korea and Hong Kong.

About Ausvic Capital (Hong Kong)
Ausvic Capital (Hong Kong) manages 70 million US dollars and invests in blockchain technology and cryptocurrencies. We have invested in Circle, Dfinity, Skuchain, Coinsuper, Lino, and ten more companies and projects at early stage. Chen Ping, the founder of Ausvic Capital, started Blockchain Future Leader Foundation with Roger Ver, Jeremy Allaire, Zaki Manian, Tom Ding and Amino Capital. It aims to reward outstanding talents who have made significant contributions to the development of the blockchain industry. Each year, Ausvic Capital will recognize heroes from all over the world, screening blockchain future leaders and awarding the winners with cryptocurrency at the annual conference.



 
Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

Fujitsu Presents 'Digital Transformation of Banking Services' to Propose Future Banking Sector Business Models

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Report outlines new banking services and business opportunities enabled by digital transformation

TOKYO, Jul 12, 2018 - (JCN Newswire) - Fujitsu today presented an analysis of challenges and the impact of digital transformation in the banking sector, outlining new business models and opportunities. The 'Fujitsu Future Insights Digital Transformation of Banking Services' report lays out a vision of future banking services that have moved to digital, based on examples of successful digital transformation in the banking sector using cutting-edge technology. It also proposes business models aimed at expanding business for both existing banks and companies that are new to the industry. Fujitsu Future Insights is to provide deeper analysis of the current state and global trends in digital transformation, of issues raised by transformations in specific fields, and of the impact of technology, in order to deliver proposed strategies and future scenarios for various fields. Beginning with "Digital Transformation of Banking Services" and "Fujitsu Future Insights Global Digital Transformation Survey Report 2018," Fujitsu plans to continue publishing content under the "Fujitsu Future Insights" title, thereby enhancing its efforts as a partner to its customers in digital transformation.

Summary of the Report

1. Digital Transformation and the Banking Industry

According to the annual Global Digital Transformation Survey conducted by Fujitsu, the shift to digital in the financial sector is the most advanced compared to other industries, with approximately 90% of financial services companies which responded to the survey having started their digital transformations. About 30% of projects in such companies are already achieving results. In addition, alongside the development of digital technology, there has been an increasing trend of companies from a variety of industries-including startups with cutting-edge digital technology, retail and distribution companies, as well as communications companies-entering the banking business, providing functions that had been previously handled by banks, in an effort to create new value.

2. New Banking Services Created Through Digital Transformation

By analyzing the current state of the banking sector as laid out above, Fujitsu has identified five trends as part of its future vision of digital banking services.

(1) Engagement Banking
Adding banking services to the services people use in their daily lives and businesses
(2) Platform Banking
Providing flexible, low-cost banking functions to companies that provide front-end financial services
(3) Technology Banking
Significantly transforming the operational processes of banks through cutting-edge technology, mainly AI
(4) Social Banking
Supporting new economic activities directly connecting individuals in the sharing economy through the use of blockchain technology
(5) Inclusive Banking
Providing financial services to economically challenged people who have not had the opportunity to access financial services

3. Transformation of the Banking Business

For traditional banks, this offers an important opportunity to use digital technology to transform their business model. It is likely that banking business models will specialize into one of the following three types.

(1) A business model in which banks, without changing their existing business significantly, use digital technology to increase customer experience, value and convenience, providing more efficient services.
(2) A business model specializing in back-end services, providing the functionality and operational services essential for the banking business as a platform function through APIs.
(3) A business model specializing in providing front-end services in close connection with customers, utilizing digital channels and physical branches, while procuring back-end platform functions from other banks.

A flexible strategy will be important for companies newly entering the market, such as developing and delivering banking services focused on the company's areas of strength while procuring the necessary banking functions through an API platform from a bank specialized in providing back-end services.

To maximize business opportunities driven by digital transformation co-creation with a trusted partner is indispensable. Fujitsu is contributing to the co-creation of new banking services by providing an industry platform aimed at financial services through APIs, and by continually developing and deploying cutting-edge technologies such as AI, IoT, Security, and Blockchain.

About Fujitsu Ltd

Fujitsu is the leading Japanese information and communication technology (ICT) company, offering a full range of technology products, solutions, and services. Approximately 155,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.5 trillion yen (US$40 billion) for the fiscal year ended March 31, 2017. For more information, please see http://www.fujitsu.com.

* Please see this press release, with images, at:
http://www.fujitsu.com/global/about/resources/news/press-releases/

Contact:
Fujitsu Limited Public and Investor Relations Tel: +81-3-3215-5259 URL: www.fujitsu.com/global/news/contacts/

Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com
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