Quantum Solutions Co., Ltd. shifts to focus on the EV business for its core development and its EV development plans in China

According to the “Notice Regarding the Memorandum of Understanding for Capital and Business Alliance with Shanghai LingKang Consulting Co., Ltd.” dated 21 June 2021, Quantum Solutions Co., Ltd. (hereinafter referred to as the “Company”) signed a Memorandum of understanding with Shanghai LingKang Consulting Co., Ltd (hereinafter referred to as “Lingkang”) in relation a business alliance including capital investment in the electric vehicle (hereinafter referred to as “EV”) sector. In addition, according to “Notice Regarding the Start of New Business and Capital and Business Alliance with FOMM Corporation” dated 12 July 2021, the Company announced that subject to approval by the board of directors of FOMM Corporation (hereinafter referred to as “FOMM”), a Japanese company, the Company would forge a business alliance including capital investment with FOMM in the EV business. The Company considers that embarking on business in the EV sector is within the business direction of 5G communications and AI.

The Company is still discussing with Lingkang and FOMM the details of the respective capital and business alliances. The Company has not at this stage yet confirmed whether to cooperate with Lingkang or FOMM in any such alliance. However, it is the Company’s intention to develop and focus on the EV sector as the core business in China. The reasons shift include: (1) Development of EV is a significant global trend. Take-up of EVs is expected to gradually replace the oil era of the past century plus and become mainstream in the next 30 to 50 years; (2) Japan’s EV industry has been developing at a slow pace lagging behind that of China, the United States and Europe for nearly two-to-three years. However, the Company believes that Japan’s EV industry will catch up with those countries in the next few years; (3) There is currently no influential listed electric vehicle company in Japan’s capital market in stark contrast to the US’ and China’s capital markets. Tesla from the US and BYD from China have market capitalisations of more than US$100 million and US$150 billion respectively. In addition, there are many other listed EV companies in the US and China, and their market capitalisations have already reached very high levels. In the future, as the awareness of the EV market increases, the EV business is expected to become an important highlight in the Japanese capital market; (4) From the perspective of rapid emergence EVs and autonomous driving, the trend of intelligent EV Internet and the overall development of the EV industry, the demand for EVs is expected to be very high; (5) While FOMM is a Japanese electric vehicle brand, the current Japanese electric vehicle market is not mature. Therefore, at this stage of development, it is more practical to quickly enter a mature market to grow the Company within a short period. Therefore, the short-term development strategy is to enter the Chinese electric vehicle market.

Generally regarded as “The World’s Factory” with the world’s most compete industrial supply chain to produce automobiles, more than 50% of global auto parts manufacturing is related to China. In addition, most of the world’s major auto parts companies have invested in China. Therefore, considering the stable auto parts supply and obvious cost reduction through elimination of import transportation fees and tariffs, it is beneficial to set up production facilities in China. In addition, apart from the advantages stated above, the Chinese government has implemented favourable policies for the EV business, and China is the largest market in the world. When mass production starts in China, the EVs can be exported to other countries. From the perspective of revenue generation, setting up production facilities in China offers considerable benefits.

In summary, the Company plans to focus on EV development and its production in China. The Company’s EV business will be developed in the general direction outlined below.

(1) Short-term strategy
Through mass production in China, the Company aims to reduce the selling price to less than 60% of current prices.

(2) Mid-term strategy
Focusing on “Japanese branded, made in China” small electric vehicles for small towns and rural areas of China.

(3) Long-term strategy
Many large Internet companies in China have announced plans to enter the EV market. The EV market in China is expected to be completely Internet-enabled within a few years. Therefore, the Company will actively look for cooperation opportunities with Internet companies to leverage the Internetisation of EVs.

Quantum Solutions Co.,Ltd. Company Summary
Company name: Quantum Solutions Co.,Ltd. (Second section of the Tokyo Stock Exchange Stock code: 2338)
Address: 102-0073. Kudan VIGAS Bldg. 3F, 1-10-9 Kudan Kita, Chiyoda-ku, Tokyo, Japan
Representative: SHAO YUN, Chairman of the board
Capital: 2,559 million yen
Businesses: Content development and distribution Software development
Company URL: https://www.quantum-s.co.jp/

For media enquiries:
Quantum Solutions Co.,Ltd.
Sylvia Chan
Email: info@quantum-s.co.jp


Topic: Press release summary

Quantum Works in Collaboration with One Pixel Brush

Glasgow, Scotland, 3 June 2021, ZEXPRWIRE, Quantum Works, a studio blending AAA gaming and cryptocurrencies, has partnered with One Pixel Brush creating a truly dynamic alliance. With Shaddy at the helm, the experience and artistic expertise of his team will no doubt see this project create one of a kind game play. One Pixel Brush is noted for their immersive track record creating worlds that are visually stunning and stay with you long after you have finished playing.  With previous clients such as Ubisoft, Infinity Ward, Naughty Dog, and Respawn. It’s no wonder we are expecting to see great things. 

Quantum Works have brought on Pixel’s founder Shaddy Safadi, as consulting art director for the project he brings along a wealth of knowledge and experience in AAA games. You will no doubt recognise some of his previous works which include award winning titles like The Last Of Us, Call Of Duty, Uncharted 4 and many others. 

Quantum Works, creating Project Quantum.

The Studio was developed in 2021 by Fraser Gordon, he noticed a niche and the market, an opportunity to create a AAA gaming Studio and title funded by its BEP20 token QBIT.  Integrated onto the Binance blockchain Quantum’s digital currency funded the seed money needed to open the studio through its presale alone, raising over $1 million in less than a second. Their first AAA title known as Project Quantum will be developed over the next 3 years. 

Quantum Works hopes to build a fair in-game system that uses its cryptocurrency as a real-world asset and makes in-game purchases and trades flow seamlessly from player to avatar. Users can earn by crafting items to trade for QBIT that they can then take out of the game and spend in real life. Quantum will also have high stakes PVP tournaments where participants can expect to find, win and steal high cash prizes, on a scale that is truly out of this world!

Project Quantum’s seemingly simple plot with have players look for artifacts and alien technology to reveal unknown secrets. Every item is valuable and everything you gain can be lost meaning you must choose your team carefully if you want to reap the massive in game rewards.

The native token, which has a total minted amount of 1 trillion, will be represented by the ticker QBIT. We believe this game will coin a new generation of “crypto gamers” eager to prove they have what it takes to survive.

Bonus Rewards for New Users

The first 5,000 users to sign up on the website and purchase its token have the chance to acquire one of a kind gaming items and early access to the beta version of the game.

  •          A random legendary item for the first 1000 people
  •          Diamond Hand Cosmetic enhancements for the first 200 users.
  •         A Diamond armor emblem for the first 4000 people
  •         Early Beta Access for the first 2,000 people
  •          A Diamond Weapon Detail for the first 3000 users

Quantum Works is a company we will be watching closely over the coming months. 

CFX Quantum Churns Out Its Innovative Neobank

London, UK, 29 May 2021, ZEXPRWIRE, With the advancements that are overtaking the finance world such as blockchain technology, there is the need for an innovative Neobank to handle the financial needs of people effortlessly. CFX Quantum is creating a Neobank, which operates exclusively online, taking out the need for brick and mortar offices. The Neobank realm is a new one with the potential to grow massively, especially with the growth of internet banking, blockchain technology, Decentralized Finance and other revolutionary financial functionalities. CFX Quantum has begun its Neobank 01QUANTUM project in Europe, with plans to expand to other parts of the world as time elapses. The expansion rate will be based on some financial and operational factors. Its Neobank regime begins in Spain and Italy, with plans of expanding to every corner of the European Union market within a year. The Neobank will function effectively with a seamless mobile banking interface and the Optherium’s issued prepaid card. To ensure that CFX’s Neobank is efficient, it is partnering with one of the best in the digital finance realm, Optherium.

CFX Partners With Optherium Labs

CFX partners with only the best in whatever niche it finds itself in, and Optherium Labs possesses the necessary experience in blockchain technology. Under its belt, Optherium Labs has an intriguing financial provider partner network. The partnership allows users of CFX’s Neobank to enjoy a league of financial products and services that is unseen anywhere else, which is powered by innovative underlying blockchain technology. Safe, affordable and digital banking is feasible with the Neobank.

CFX’s Neobank Functionalities

CFX’s Neobank is designed to offer digital banking features that solve the issues that are common with the traditional banking world. It has a white label web and mobile digital banking app that works with the underlying Optherium blockchain, AI and Smart-contracts technology.

• IBAN / ACH

IBAN is the acronym for the International Bank Account Number, and it is the peculiar identifier of different bank accounts, whereby users can carry out international transactions easily. A typical IBAN possesses every needed detail of the bank account’s owner like the account number, country, bank and so on. The length of IBAN may not be uniform, but it does not exceed thirty-four characters. The individual accounts in CFX’s Neobank have IBANs, which makes it easy for users to carry out transactions. CFX’s validation system ensures that the details of the IBAN are validated automatically.

CFX’s Neobank is connected to the ACH, Automated Clearing House, an electronic funds transfer network that permits the inter-bank clearing of credit and debit transactions. With the ACH, CFX can exchange information with other banks and financial ecosystems.

• Virtual And Plastic Multicurrency Debit Card

CFX partnership with Optherium will ensure that its Neobank’s users will have access to a virtual and plastic multicurrency debit card. It is opting for a Mastercard, permitting users to carry out seamless transactions globally. With the CFX’s Neobank debit card, its holders can purchase items and services globally, pay bills and carry out other seamless transactions. The virtual and plastic debit card is multicurrency, meaning that it is denominated in major fiat and cryptocurrencies.

• The Neobank will offer international and domestic transfers.

Everyone craves for a banking system that allows them to easily transfer within their locality and to people living globally within the twinkling of an eye. The international transaction can be nerve-wracking to many because of the intense red tapes that they have to scale through before the transaction is done. CFX’s Neobank solves this effortlessly. With the innovative app, users can easily carry out transactions.

• Card To Card Transfers is feasible with CFX’s Neobank.

Imagine a world, where people can easily make card-to-card transfers without stressing themselves. With CFX’s Neobank, this is feasible. All a user needs to do is use the app, and before they can utter, ‘Jack Robinson’, the transaction is completed.

• Seamless User Interface

The application of CFX’s Neobank has a seamless user interface, which makes the entire process worthwhile. User interface on the app is designed to make the navigation easy for everyone, even a kid. It is interactive and designed to make users feel at home. The app also possesses a payment gateway with numerous methods, from cryptocurrencies down to fiat currencies. Mobile payment is now an easy activity with CFX’s Neobank.