CWNewsBreaks Archive - ChineseWire

WednesdayApr 17, 2024 3:45 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Agreements to Add Charging Terminal Access for Users of Growing Da Ge App

FingerMotion (NASDAQ: FNGR), a mobile services and data company, through its contractually controlled entity, Shanghai JiuGe Information Technology Co. Ltd., is facilitating the expanded use of the Da Ge app. According to the announcement, the company is entering into arrangements with certain electric vehicle ("EV") charging station providers in China that will allow owners of electric vehicles who have subscribed to the Da Ge app to locate and charge their cars. The arrangements are with Jiangsu YKC and Shanghai Anyo Charging Technology Co. Ltd, which operates more than 400,000 charging terminals for electric vehicles. According to the announcement, the Da…

WednesdayApr 17, 2024 3:32 pm

ChineseNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Paving Way for Safer, More Efficient Autonomous Vehicles in Japan

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision solutions, today announced its receipt of a notice of allowance from the Japan Patent Office for its patent application, number 2020-557022, for the company’s “multi-spectral vehicular system for providing pre-collision alerts.” The patented technology combines data from pairs of stereoscopic infrared sensors and stereoscopic visible-light sensors through an advanced fusion module that enables precise obstacle detection and distance estimation. “We believe that the patent approval in Japan is a significant advancement for Foresight, paving the way for safer and more efficient autonomous vehicles in a country known for…

ThursdayApr 04, 2024 2:37 pm

ChineseNewsBreaks – Zhibao Technology Inc. (NASDAQ: ZBAO) Closes on $6M Initial Public Offering

Zhibao Technology (NASDAQ: ZBAO), a leading and high-growth InsurTech company primarily providing digital insurance brokerage services through its operating entities in China, recently announced the closing of its initial public offering. The offering consisted of 1,500,000 Class A ordinary shares, each at $4.00, for aggregate gross proceeds of $6,000,000 before deductions. According to the announcement, the company has granted the underwriters a 45-day option to purchase up to an additional 225,000 Class A ordinary shares to cover the over-allotment at the public offering price, less underwriting discounts and commissions. The Class A ordinary shares began trading on the Nasdaq Capital…

WednesdayApr 03, 2024 1:04 pm

ChineseNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), Partner Installing Breakthrough Tech in Leading Defense Customer

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, is partnering with Elbit Systems Ltd. to commercially deploy FRSX’s cutting-edge software solution to a key customer in the defense industry; plans call for the technology to be installed in fully autonomous defense vehicles. According to the announcement, this agreement is the first time Foresight’s 3D image processing software will be commercially licensed to one of Elbit's end customers. The Israeli Ministry of Defense has recognized Foresight’s proprietary software as a breakthrough technology. The company noted that its solution will be available to Elbit’s end customers as…

MondayMar 25, 2024 3:32 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Issues Capybara Research Litigation Update

FingerMotion (NASDAQ: FNGR), on Oct. 19, 2023, announced that it filed a federal lawsuit in the United States District Court for the Southern District of New York, FingerMotion, Inc., v. Capybara Research et. al. The case was against defendant Capybara Research, alleging claims for securities fraud, tortious interference with prospective business expectancy and defamation in connection with a defamatory article maliciously published to its website and X account in a premeditated attempt to decrease FingerMotion’s share price and financially benefit from its previously disclosed short position. On Jan. 16, 2024, the company amended its complaint to add claims against Accretive…

ThursdayMar 21, 2024 1:49 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR), CEO Recognized at FiNext Conference with Excellence in Finance Awards

FingerMotion (NASDAQ: FNGR), a mobile services and data company, and CEO Martin J. Shen, received recognition at the recent FiNext Conference. At the conference, which was held in Dubai on Feb. 28–29, 2024, FingerMotion and Shen both received awards. Shen was awarded the Excellence in Finance — Leaders Award, and the company was awarded the Excellence in Finance — Companies Award. The Excellence in Finance — Companies Award recognizes organizations that have demonstrated exceptional performance, innovation and impact within the finance and fintech sector, while the Excellence in Finance — Leaders Award spotlights individuals who have exhibited exemplary leadership, vision…

WednesdayFeb 21, 2024 12:13 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Reports on Actions, Approvals of Annual Shareholder Meeting

FingerMotion (NASDAQ: FNGR), a mobile services and data company, is reporting on the results of its recent annual meeting of shareholders. According to the report, the meeting was held on Feb. 17. During the meeting, shareholders voted on several issues, including the election of Martin J. Shen, Hsien Loong Wong, Yew Poh Leong, Michael Chan and Eng Ho Ng as members of the company’s board of directors. Other issues that were approved by shareholders during the meeting was the appointment of Centurion ZD CPA & Co. as FingerMotion’s independent registered public accounting firm as well as executive compensation. In addition,…

ThursdayFeb 15, 2024 1:50 pm

ChineseNewsBreaks – Datasea Inc. (NASDAQ: DTSS) Collaborates to Bring Unique Platform to New Customers

Datasea (NASDAQ: DTSS) is a Nevada incorporated digital technology corporation engaged in innovative business segments for intelligent acoustics and 5G multimodal communication technology in China. The company has announced that on Feb. 2, 2024, Guozhong Times (Beijing) Technology Ltd., a subsidiary of the Chinese operating company contractually controlled by Datasea, has entered into a cooperation agreement with Hangzhou Chongda Technology Co., Ltd. (“Chongda”) to increase the sales of 5G multimodal communication services in China. “We are pleased to enter into this new collaboration as it will help to identify potential customers that need our 5G multimodal communication delivery services and…

FridayJan 26, 2024 11:04 am

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) to Present at Upcoming Microcap Conference

FingerMotion (NASDAQ: FNGR), a mobile services and data company, has announced that it will be participating at the Microcap Conference; the conference is scheduled for Jan. 30–Feb. 1, 2024, in Atlantic City, New Jersey. FingerMotion CEO Martin J. Shen will be presenting at the conference; his presentation is scheduled to begin at 12:30 p.m. ET on Jan. 31. In addition, members of the FingerMotion management team will be available for one-on-one meetings during the three-day event. The Microcap Conference is hosted by DealFlow Events and features presentations from publicly traded microcap companies and qualified private companies across an array of sectors,…

WednesdayJan 24, 2024 12:10 pm

ChineseNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Announces Preliminary Approval of Dividend Warrant

FingerMotion (NASDAQ: FNGR), a mobile services and data company, announced that its board of directors has preliminarily approved a dividend in kind of warrants (each, a “dividend warrant”) to purchase shares of the company's common stock to holders of the company’s common stock. According to the announcement, the terms of the dividend warrants, as well as the record and payment dates for the dividend, will be fixed by further resolution of the board. The dividend warrants are anticipated to be created and allotted per a warrant agreement to be entered into between FingerMotion and a suitably qualified institutional warrant agent.…

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