Day: April 15, 2022

BAODING, China, April 15, 2022 /PRNewswire/ — On March 29, GWM officially released the 2021 Annual Report, highlighting that the recent investment on research and development reached CNY 9.07 billion, marking another major R&D investment milestone of the company.

Compared with 2020, GWM’s investment in research and development has increased by 76.05% year-on-year, accounting for 6.65% of operating revenue.

Lv Wenbin, General Manager of Technology of GWM HAVAL, said that facing competition in the global market, GWM has always insisted on the concept of “excessive investment and precise R&D” to fulfill the diversified personalized needs of global users.

Over the past years, GWM has continued to carry out precise investments in both new energy and intelligent sectors and keep launching various advanced technologies to the markets.

In the new energy sector, GWM officially unveiled the L.E.M.O.N. DHT. As a highly integrated and high-efficient hybrid system, this technology is compatible with and can be equipped in both HEV and PHEV power architectures. Among them, the overall powertrain efficiency of models equipped with HEV power architectures can be improved by more than 50%. In the on-site testing, the fuel-saving rate of these models can achieve 35% to 50% compared to other fuel models.

Take HAVAL JOLION HEV as an example. Supported by the L.E.M.O.N. DHT, its fuel consumption can be automatically adjusted to maximize fuel efficiency in different driving modes such as standard, sports and ECO. This function can meet users’ needs in various scenarios, including urban roads, express ways and other driving conditions.

In the intelligence sector, GWM launched Coffee Intelligence 2.0 and grandly unveiled a new electronic and electrical architecture and intelligent drive-by-wire chassis last year. Based on all these technological improvements, the development of Coffee Intelligence 2.0 also focuses on upgrading the intelligent driving technology and developed the NOH (Navigation On HIPilot) intelligence-assisted driving navigation system.

When the system turns on, the vehicle can automatically assist the driver in lane changing, overtaking and other actions in the driving process. It can also monitor whether the driver is fatigued, unable to concentrate or in other conditions, reflecting the user-oriented design of the system.

Science and technology make it possible for more users to enjoy a more comfortable driving experience. On the 8th Technology Festival held by the company, GWM announced that it would continue to expand the global research and development staff to 30,000 and the total investment in the next five years would reach CNY 100 billion.

In addition to the research and development sector, GWM is also actively building a low-carbon auto industrial chain connecting the whole world. It has proposed to build its first zero-carbon factory by 2023 to provide a more intelligent, safer and more environmentally friendly driving experience for global users.

Photo – https://mma.prnewswire.com/media/1797940/image1.jpg

GUANGZHOU, China, April 15, 2022 /PRNewswire/ — The China Import and Export Fair (Canton Fair), themed “Connecting Domestic and International Dual Circulations,” opens its 131^st session online today. This year’s Canton Fair has received a record-high amount of products of more than 2.9 million, including more than 900,000 new products and 480,000 green and low-carbon exhibits.

Xu Bing, Spokesperson of Canton Fair and Deputy Director General of China Foreign Trade Centre, noted that the hosting of the 131^st Canton Fair reflects the ongoing effort and confidence of China to continue its opening-up and international cooperation, and contributes to supporting the stability of industrial and supply chains, as well as to international trade cooperation and world economic recovery.

The ten-day event will gather around 25,500 exhibitors from home and abroad to participate in 50 exhibition areas across 16 categories free of charge, including 402 international businesses from 32 countries and regions to join the International Pavilion.

The 131^st Canton Fair focuses on improving the buyer experience from every perspective through targeted measures. The Fair has updated its official website system to optimize configuration of global network acceleration in order to improve the speed of cross-border access and search accuracy. The Fair has also upgraded exhibitors and exhibits, adding tags for specialized, high-tech or time-honored Chinese brands and green or intelligent products for easy recognition.

Buyers will have access to business opportunities through a range of events. More than 100 launch events will introduce new products, technologies, brands and services that represents the latest innovation from Chinese manufacturers. Buyers can also join ten themed online sharing forums on trending topics such as dual circulation, RCEP, and “dual carbon” to help companies further understand market insights. Along with the upgrading of Canton Fair’s flagship award, Canton Fair Design Awards, visitors will have the opportunity to customize their buying experience.

In addition, the Fair, through 170 cooperating global partners, including 14 new partnerships with industrial and commercial institutions from Belt and Road Initiative (BRI) and RCEP member countries such as Vietnam, Laos, Kuwait and Iraq, has launched a serious of matchmaking and promotional events by sector.

Please register https://www.cantonfair.org.cn/en-US/register/index#/foreign-email for more business opportunities.

Photo – https://mma.prnewswire.com/media/1797846/image_1.jpg

• CBL joins hands with Indonesia’s ANTAM and IBI on the Indonesia EV Battery Integration Project
• With a joint investment of nearly 6 billion USD, the project focuses on nickel mining and processing, battery materials, battery manufacturing as well as battery recycling
• The partnership marks an important milestone for CATL’s global footprint expansion, and will promote the electric vehicle industry of Indonesia as well

NINGDE, China, April 15, 2022 /PRNewswire/ — On April 14, Ningbo Contemporary Brunp Lygend Co., Ltd. (CBL), a subsidiary of Guangdong Brunp Recycling Technology Co., Ltd (Brunp), signed a tri-party framework agreement with PT Aneka Tambang (ANTAM) and PT Industri Baterai Indonesia (IBI) to cooperate on the Indonesia EV Battery Integration Project, which includes nickel mining and processing, EV battery materials, EV battery manufacturing, and battery recycling. Brunp is a subsidiary of Contemporary Amperex Technology Co., Limited (CATL).

With a joint investment of 5.968 billion USD, the project is located in the FHT Industrial Park of East Halmahera of Indonesia’s North Maluku Province and other places in the country as well.

ANTAM is a member of the state-owned mining company MIND ID of Indonesia. IBI, or the Indonesia Battery Corporation, is a state-owned company engaged in the battery electric vehicle and EV ecosystem, and also a subsidiary of MIND ID and ANTAM.

The project will further enhance CATL’s footprint in the battery industry, ensure the supply of upstream raw materials and resources, lower manufacturing cost, and promote the development of the battery recycling business.

“The Indonesia project is an important milestone for CATL as we expand our global footprint, and it will become an emblem of the everlasting friendship between China and Indonesia,” said Robin Zeng, founder and chairman of CATL. “We are fully confident in the development of the project in the future.”

“The framework agreement we signed today is of significant importance to Indonesia as we strive to build out an EV ecosystem,” said Luhut Binsar Pandjaitan, Coordinating Minister for Maritime Affairs and Investments. “I believe with the concerted efforts from all parties, the project will be successfully implemented.”

QINGDAO, China, April 15, 2022 /PRNewswire/ — Hisense, a leading global home appliance and consumer electronics brand and Paris Saint-Germain step into their second year of partnership and join forces to launch their second commercial today.

Looking back on 2021, Hisense has released an impressive commercial featuring football stars such as Neymar Jr, Keylor Navas, Ángel Di Maria, Ander Herrera and Presnel Kimpembe to highlight the excellent quality of Hisense. The first commercial received extensive attention and was praised both online and offline.

Today, Hisense released its second collaborative commercial with Paris Saint-Germain. Ángel Di María and Presnel Kimpembe are back on the commercial while Leo Messi, Marquinhos, and Idrissa Gueye joined the crew for their first Hisense commercial. The advertisement showcases a variety of Hisense home appliances in a comfortable home environment and highlights the superiority technology of Hisense products through the lens of a footballer’s daily life. The continued partnership and high level of engagement from each player reflect Paris Saint-Germain’s support and recognition of Hisense and signifies that the Hisense brand is widely appreciated and supported worldwide.

Hisense Becomes “Perfect Partner” Through Exquisite Technology and High-Quality Products

The theme of this commercial is Perfect Partner, indicating Hisense and Paris Saint-Germain’s excellent partnership throughout these years; it also signifies that Hisense expects to become a Perfect Partner in football fans’ and consumers’ life thanks to its superb products and technology. The commercial features five Paris Saint-Germain stars living in the same building, capturing the interactions of the stars in their daily life while using Hisense products.

Over the years, Hisense has continued to deepen display technology through technological innovation to deliver perfect TV quality to consumers. In this commercial, players used Hisense TV and experienced the Sports Mode technology, an outstanding feature that enhances the smoothness of sports while watching fast-paced matches, which allowed him an ultimate and immersive game-watching experience.

Consistently, Hisense aims to deliver a more immersive and realistic game viewing experience to football fans and consumers through exquisite technology and perfect TV quality; benefiting from excellent technology and quality, Hisense Mid-to-High end TVs (A7/U6/U7/U8) are highly appreciated by many media and consumers. So, in 2021, global sales revenue of mid-to-high end TVs over 99% YoY, fully reflecting the high reputation and recognition of Hisense TVs worldwide.

Meanwhile, as a long-term partner of Paris Saint-Germain, Hisense won supports from global consumers through its strong endorsement of sporting events and exquisite technological products, both in terms of product and brand reputation. Following its sponsorship with Paris Saint-Germain and several international sporting events in 2021, Hisense boosted overseas sales revenue by 43%, overseas brand awareness increased by 5pps.

In the future, Hisense will continue to deepen sports marketing and build stronger connections with consumers; also provide outstanding technology and product to become a well-known and trustworthy brand globally.

Video – https://www.youtube.com/watch?v=tzdYDct4oWk
Photo – https://mma.prnewswire.com/media/1796399/Hisense_x_Paris_Saint_Germain_Players.jpg
Photo – https://mma.prnewswire.com/media/1796400/Hisense_x_Paris_Saint_Germain_Players.jpg