Major Shareholder of China Power (2380.HK) Invests Over HK$280 Million to Increase Stakes by Over 100 Million Shares

In response to recent stock price fluctuations, State Power Investment Corporation Limited (SPIC), the major shareholder of China Power International Development Limited (2380.HK) (the “Company”), believing in the prospect and value of the Company, undertook a series of strategic purchases of the Company’s shares. Over the past three trading days, SPIC substantially increased its equity holding in the Company by a total of more than 100 million shares, involving a noteworthy investment amount exceeding HK$280 million. This demonstrates SPIC’s resolute commitment to stabilizing the Company’s share price and safeguarding the interests of shareholders as a whole, as well as its robust confidence in the Company’s future.

Recently, the Company has received favourable ratings from prominent financial institutions such as HSBC, Citibank, and Changjiang Securities. Market holds the view that SPIC has a strong desire to build its flagship listing platform. The series of capital transactions in the Company in fact reaffirms the Company’s stature as SPIC’s flagship stock. With outstanding results made in the first half of the year, the Company’s strategies were in place at such a fast rate surpassing market expectations. Therefore, market is highly optimistic about the Company’s value appreciation and investment opportunities during the “14th Five-Year Plan” period.


Topic: Press release summary

Sectors: Energy, Alternatives

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Food Fortification a Major Focus at the World Health Assembly

The crucial topics of micronutrient deficiencies and Large Scale Food Fortification (LSFF) will be discussed at a side event at the 76th World Health Assembly (WHA) in Geneva on Tuesday, 23 May 2023, hosted by the governments of Colombia, Ecuador and Malaysia. At the side event, The Global Alliance for Improved Nutrition and partners will help unpack the pivotal resolution that calls on WHA Member States to scale up food fortification programs globally, particularly in countries where micronutrient deficiencies are prevalent.
The public can follow the updates on the Food Fortification resolution here.

Half of all preschool-aged children and 2/3rds of all women of reproductive age worldwide suffer from at least one micronutrient deficiency, also known as “hidden hunger”. These deficiencies cause a range of health problems, from impaired cognitive development in children to increased risk of infections and conditions such as anemia and blindness.

Lawrence Haddad, executive director of the GAIN and a speaker at the event, said, “At GAIN, we have spent the past 20 years supporting food fortification in over 40 low and middle-income countries. Unfortunately, the prevalence of malnutrition is growing globally due to simultaneous climate and food crises exacerbated by the COVID-19 pandemic and Russia’s war on Ukraine. More investment in food fortification can help to provide an important nutrition safety net as we seek to build nutritious food systems that are more resilient in the face of global shocks.”

Food fortification has been identified as a cost-effective and sustainable strategy to combat hidden hunger and improve public health. According to the WHO, fortification of staple foods can improve micronutrient status in populations and reduce the incidence of associated diseases, particularly in low- and middle-income countries where access to diverse diets and supplements is limited. Eighty-four countries could benefit from establishing new mandatory fortification programs, and most existing programs must be strengthened to reach more people with adequately fortified food.

“Food fortification is among the solutions that we are urgently pursuing to combat rising levels of malnutrition in African Union countries,” said Ambassador Josefa Sacko, Commissioner for Rural Economy and Agriculture at the African Union and member of the Scaling Up Nutrition Movement’s Lead Group. “We welcome this important resolution of the World Health Assembly as food fortification is also on the front burner at the African Union.”

The proposed WHA resolution has united the health policy, disability rights, and nutrition sectors. Over 70 global, regional, and national organizations have endorsed the resolution and are actively working to support its passage. “The World Health Organization is pleased to stand alongside Member States of the WHA and the wide coalition of stakeholders that has come together to support accelerated action on food fortification to combat micronutrient deficiency and its impacts,” said Dr. Francesco Branca, Director of the Department of Nutrition and Food Safety at WHO. “Governments need to design effective food fortification programs aimed to reach all people in need and engage civil society and the private sector for effective implementation.”

The Masters of Ceremony for the side event are Saskia Osendarp, Executive Director of the Micronutrient Forum, and Gail Rosseau, George Washington School of Medicine & Health Sciences and G4 Alliance. In addition to Lawrence Haddad, speakers will include representatives from supportive member states, food fortification experts and representatives from the disability rights, child rights, and health policy communities.

Registration for the event is open here. https://pr.report/F6yaLNnj

Contact Information:
Edwin Shankar
Media Relations
edwin.shankar@leidar.com


Topic: Press release summary

The First Major Boxing Game in a Decade Launches Into Steam Early Access on January 31st

The authentic boxing experience will feature an awesome roster of licensed fighters including Tyson Fury, Canelo Alvarez and Katie Taylor

Sheffield, UK. – WEBWIRE

Steel City Interactive (SCI) is proud to announce the Early Access start for Undisputed, the first major boxing title in a decade. Undisputed aims to be the most authentic boxing experience to date and will enter the Early Access phase on Steam on January 31st, 2023.

Undisputed packs a punch with stunning visuals, a revolutionary footwork system and deep strategy. With over 60 different punches, voiceovers from legendary referees and commentators and support from the world of boxing, Undisputed intends to live up to its name and become the king of boxing games.

For the Early Access phase, the game will feature a roster of over 50 playable characters including Tyson Fury, Canelo Alvarez, Deontay Wilder, Katie Taylor and a fully-fledged womens division across 6 unique fight locations, including a large arena, and Coldwells gym. Players can enjoy Undisputed offline against friends or AI opponents or they can go online to compete for a place on the leaderboards.

To ensure true authenticity of Undisputed, Sheffield-based developer Steel City Interactive is partnering with all the heavy-weight brands in boxing, including the World Boxing Council, the British Boxing Board of Control, Empire and many more.

Key Features:

  • Revolutionary footwork mechanics, including a Loose Movement modifier to help players move around the ring with ease.
  • More than 60 individual punches. Players can punch from multiple angles, feint to set up a trap and counter.
  • All the tools needed to be a defensive wizard. Players can slip punches, weave, dodge and block.
  • Physics-driven interactions punches can sometimes go around or even through the guard.
  • Up close and personal inside fighting like never before.

Players wanting to step into the ring can do so by signing up for the Early Access via the Undisputed Steam page: https://store.steampowered.com/app/1451190/Undisputed/

​For more information about Undisputed, please visit press.plaion.com or https://playundisputed.com/

And follow:

Facebook:https://www.facebook.com/PlayUndisputed
Twitter:https://twitter.com/PlayUndisputed
Instagram:https://www.instagram.com/Undisputed_SCI
YouTube:https://www.youtube.com/channel/UC4Kr4OiJRVKQMLL4v0DLxfA
TikTok:https://www.tiktok.com/@playundisputed
Steam:https://store.steampowered.com/app/1451190/
Discord: https://discord.gg/3enHywe8Er

#BecomeUndisputed

About Steel City InteractiveSheffield-based Steel City Interactive (SCI) was founded in 2020 by Ash Habib, along with his brothers Asif and Asad. Formed around the idea of creating the first major, new boxing game in over a decade. The rapidly growing studio now employs 34 people and has partnerships with the world of boxings leading companies including the WBC, Ring Magazine, CompuBox, BoxRec and many other prestigious boxing organisations. During development SCI has created innovative, proprietary technology to bring the world of boxing to life like never before.About PLAIONPLAION is a leading independent developer and producer of games and entertainment products, with nine development studios and five publishing units based all over the world. Founded in 1994 as Koch Media, PLAION offers a unique breadth of services and solutions, dynamically growing its business to push ourselves and our partners to the forefront in all the segments we operate in.

PLAION runs a multi-label strategy, with fully owned publishing units, such as Deep Silver, Prime Matter, Milestone, Vertigo Games and Ravenscourt, publishing games for consoles, PC and VR platforms across all physical and digital channels.

Additionally – as a global publishing partner – PLAION has formed long-term multinational publishing collaborations with numerous game publishers including Activision Blizzard, Bethesda, Capcom, Focus Multimedia, Giants Software, Koei Tecmo, Paradox, Sega, SNK, Square Enix, Techland, THQ Nordic, Tripwire, Warner Bros and many others.

With its parent company in Hfen, Austria – and the HQ in Munich, Germany – PLAION owns local publishing companies in Germany, UK, France, Spain, Italy, Sweden, the Netherlands, Austria, Switzerland, Poland, Australia, the United States as well as Japan and Hong Kong.

PLAION owns nine game development studios: Deep Silver Dambuster Studios (Nottingham, UK), Fishlabs (Hamburg, DE), Warhorse Studios (Prague, CZ), Milestone (Milan, IT), Voxler (Paris, FR) , DigixArt (Montpellier, FR), Flying Wild Hog (Warsaw, Krakw, Rzeszw, PL), Free Radical Design (Nottingham, UK) and Vertigo Games (Rotterdam, Amsterdam, NL). Additionally, PLAION collaborates with numerous independent development studios around the world.

Part of PLAION is also PLAION PICTURES, a leading independent film distributor in Europe with a library of more than 1.400 titles. Further business operations include Sola Media, a sales agency and production company for family entertainment, Spotfilm Networx, a multi-channel streaming network, and a sub-label dedicated to Japanese animation.

PLAION also owns the leading video game merchandise company DPI Merchandising (Denver, Roseburg, USA and Munich, DE) and a Quality Assurance Facility in Olomouc, CZ.

PLAION is an Embracer Group company.

Major safety boost for French airspace with increased automation

DSNA will deploy SITA’s data-driven Safety Cube solution for enhanced safety



Paris – WEBWIRE



French air navigation service provider, DSNA, has selected SITA’s safety and compliance management solution, SITA Safety Cube, to advance operational safety and promote a strong safety culture. The system will be deployed in French airspace spanning five air route traffic control centers, 70 airports in mainland France and six overseas airports.


The International Civil Aviation Organization (ICAO), responsible for setting standards concerning air transport, has stipulated that service providers must implement ‘safety management systems’ to manage safety proactively. Using SITA Safety Cube, DSNA aims to raise its safety management standards further.


SITA Safety Cube supports proactive safety management, which focuses on identifying and mitigating potential safety concerns before accidents or incidents happen compared to a more traditional, reactive approach when or after an incident occurs. Moreover, the solution uniquely empowers service providers to monitor the effectiveness of their risk controls by connecting operational safety data with safety risk analysis. It also enables more objective and reliable data-driven safety management decisions.


The user-friendly platform will allow all DSNA’s stakeholders, from operational staff to senior management, to actively participate in safety reporting, promoting a positive safety culture. With this centralized safety data, DSNA can then identify and monitor safety-related risks, such as runway conflicts, and implement the necessary controls to manage risks.


DSNA manages one of the largest and busiest airspaces in Europe – before the pandemic in 2019, the French air navigation service provider (ANSP) controlled over 3.2 million flights. In June of this year, air traffic in France reached 82.5% of pre-pandemic levels, and if this trend continues, this will equate to over 2.7 million flights by the end of 2022. With increasing airspace congestion, safety is a key strategic driver for DSNA’s airspace and air traffic management modernization.


Florian Guillermet, CEO, DSNA, said: “Flight safety is the primary mission of DSNA. Far from being a restriction, it is a driver of development. We have chosen SITA given their combined expertise in aviation safety and data management to help us improve our safety management system and implement the most proactive system possible. SITA Safety Cube allows us to put in place a strong collaborative and data-driven safety strategy where everyone can participate in making safety our top priority.”


Yann Cabaret, CEO, SITA FOR AIRCRAFT, said: “We are honored to partner with DSNA to maximize safety benefits. Beyond the ability to address the operational complexities faced by ANSPs today, we are proud to provide DSNA with a cloud-based solution that meets the highest standards in digital security, confidentiality, and data sovereignty.”

Japan – Hitachi Rail wins major contract to deliver sustainable digital commuter railway in the Philippines

Hitachi Rail has been awarded a major contract worth around 114bn JPY(1) (around 814m USD) called CP04 by the Philippine Government’s Department of Transportation to deliver Electrical & Mechanical Systems and Track Works, including digital signalling for the new commuter railway from Solis to Malolos in the Philippines.


Guiguinto Station


The project will cover around 35.4km and nine stations on the North South Commuter Railway, a 147km commuter line from Calamba to Clark, and will be funded by the Japan International Cooperation Agency (JICA).

In a significant boost for sustainability in the Philippines, the project will reduce rail carbon emissions and encourage the use of environmentally friendly public transport over higher polluting cars.

Hitachi Rail will introduce its innovative European Train Control System (ETCS) Level 2 signalling on the North South Commuter Railway. ETCS signalling technology monitors the train’s movement and the speed limit on the track and will help reduce the energy footprint of the railway by enabling very efficient operation of the trains. The introduction of ETCS Level 2 signalling will also boost safety on the line by enabling automatic activation of train safety functions, including emergency braking in case of danger or if trains exceed the track’s maximum line speed.

Hitachi Rail is a global industry leader in digital signalling and was one of the pioneers to introduce ETCS technology in Europe – in the UK, Italy, Spain, Sweden and France – as well as in the highly competitive markets of China and India. Hitachi is now bringing its global digital

signalling expertise to the Philippines in a first for the country by delivering the complete turnkey E&M systems of signalling, electrification, telecommunications, depot equipment, fare collection and trackwork for the railway.

Takuya Yamakawa, Deputy Head of Japan Business, Head of Asia and Japan Initiatives (Sales and Projects), Railway Systems Business Unit, Hitachi, Ltd., said:

“We are proud to be awarded this contract to bring our digital signalling expertise to the Philippines, following our experiences pioneering the technology and successfully introducing it to countries across Europe and Asia. By delivering this project, Hitachi Rail will reduce a major commuter railway’s energy footprint, supporting greener travel.

“With ownership of cars and congestion in Manila projected to continue to increase rapidly, it is vital we support commuters to use more sustainable rail transport. Our state-of-the-art railway systems will do just that – encouraging rail travel by boosting safety, bringing huge benefits to passengers and driving down emissions in the Philippines.”

(1) Exchange rates as of 16th November, 2022 were used: 1 PHP=2.43 JPY,1 EURO=145.08 JPY, 1USD=139.80 JPY

About Hitachi, Ltd.

Hitachi drives Social Innovation Business, creating a sustainable society with data and technology. We will solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products, under the business structure of Digital Systems & Services, Green Energy & Mobility, Connective Industries and Automotive Systems. Driven by green, digital, and innovation, we aim for growth through collaboration with our customers. The company’s consolidated revenues for fiscal year 2021 (ended March 31, 2022) totaled 10,264.6 billions of yen (84,136 millions of U.S. dollars), with 853 consolidated subsidiaries and approximately 370,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

About Hitachi Rail

Hitachi Rail is a fully integrated, global provider of rail solutions across rolling stock, signalling, service & maintenance, digital technology and turnkey solutions. With a presence in 38 countries across six continents and over 12,000 employees, our mission is to contribute to society through the continuous development of superior rail transport solutions. We are proud of our global achievements, from our world famous “bullet trains”, to our signalling solutions and turnkey projects, state-of-the-art traffic management and digital solutions. Drawing on the wider Hitachi Group’s market-leading technology and research-and-development capabilities, we strive for industry leading innovations and solutions that can deliver value for customers and sustainable railway systems that benefit wider society. For information about Hitachi Rail, visit www.hitachirail.com.

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