Month: March 2022

BAODING, China, March 31, 2022 /PRNewswire/ — Recently, GWM has released an Expert Interview Video of HAVAL DARGO globally, which reveals some interesting stories behind the vehicle.

In this video, three experts, specialized in design, engine and chassis, interpreted the product philosophy of HAVAL DARGO—”DARE TO GO” and how to realize this philosophy through these aspects.

According to GWM, “DARE TO GO” embodies a life philosophy. As Wang Qingtao, Deputy Director of Design, GWM, said, “‘DARE TO GO’ implies a sense of safety and power, which can inspire customers to experience a new life and expand their life radius.” Based on his interpretation, the core of design lies in the presentation of a sense of strength and safety, for which the design team has gone through over 20 schemes. They have adjusted the proportion of the black devices to further increase the visual height of the vehicle. Additionally, the undulating profile of the front, rear fender trims and its full and large side body profile could make the vehicle more sizable and powerful.

The engine and chassis of the HAVAL DARGO have also undergone several rounds of testings and tunings to ensure the customer’s confidence of “DARE TO GO”, so that customers can obtain a reliable and comfortable experience in both urban and off-road driving.

To reach “DARE TO GO” places, customers will face various road conditions along the way. Therefore, the engine will be tested many times to ensure its reliability and durability in various environments. Paul Andrew Dudek, Technical Consultant & Validation Expert of GWM, said that during the engine testing, for testing main systems such as the cooling system, lubrication system and ventilation system, extreme weather should also be taken into account. “You do winter testing to very cold temperatures or you go to the deserts where you have a lot of dust and a lot of heat and to make sure this engine works under all conditions,” Paul said.

The tuning of the suspension is also very important in order to cope with the various road conditions during the “DARE TO GO” journey. Kawabe Yoshihiro, Chief Engineer of the Chassis R&D Department of GWM, said, “The resilient and smooth suspension and sufficient ground clearance can enhance the vehicle’s capabilities of traveling smoothly under difficult driving conditions.” During the four-year development, engineers have prioritized the basic performance potential of the suspension by regulating the hardpoints of the suspension and optimizing the design of the bushing. Driving comfort was also ensured through the adjustment of tires, springs and shock absorbers.

Currently, HAVAL DARGO has been launched in some regions, such as Saudi Arabia and Iraq, and will be launched in more markets to accompany more users to broaden the boundaries of their lives with “DARE TO GO”.

Video – https://mma.prnewswire.com/media/1777698/GWM_Launches_an_Expert_Interview_Video_Globally_R_D_Process_of_HAVAL_DARGO_Unveiled.mp4

BEIJING, March 31, 2022 /PRNewswire/ — China Petroleum & Chemical Corporation (HKG: 0386, “Sinopec” or “the Company”) hosted its 2021 annual performance conference on March 28 in Beijing via webinar. Per International Financial Reporting Standards, Sinopec’s 2021 turnover and other operating income was CNY2.74 trillion (USD431.50billion), with profit attributable to shareholders of the company reaching CNY71.975 billion (USD11.33 billion), a 115.2 percent growth year-on-year. This has been Sinopec’s best operating performance in the past decade.

A dividend of CNY0.47 per share was distributed throughout the year, with a dividend payout ratio of 80 percent. Based on the weighted average share price in 2021, the dividend yield of A shares and H shares reached 10.8 percent and 14.3 percent, respectively.

In light of the COVID-19 pandemic and a complex macroenvironment, Sinopec focused on advancing high-quality production and operations, transformative development, technological innovation, management reform, risk prevention and control among other aspects in 2021 to achieve a solid start in line with China’s “14th Five-Year Plan.” Overall, Sinopec’s various business sectors have been growing positively, with remarkable achievements in:

• Increasing upstream oil and gas reserves;
• Expanding refining scale and competitive advantages;
• Continuous increase of the sales and operation scale of refined oil;
• Giving full play to leading with innovative and technological support.

In the meantime, Sinopec also focused on environmental, social and corporate governance (ESG) development with the board of directors coming from more diverse backgrounds and the Company is actively responding to climate change challenges, vigorously saving energy and reducing pollution and carbon emissions, as well as supporting the 2022 Beijing Winter Olympics and Paralympics.

Mr. Ma Yongsheng, president of Sinopec noted, Sinopec will give full play to its advantages in the integration of marketing, brand, technology and talent to unswervingly move towards the goal of becoming a world-leading clean energy and chemical company, creating greater value for shareholders and society.

“Looking to the future, Sinopec will actively and constructively embrace energy transformation and the transformation of the industry as a whole, extensively implementing a world-leading development strategy and continuously optimizing the 14th Five-Year Plan and long-term 2035 goal to achieve high-quality, sustainable development,” said Ma.

Sinopec has laid out five key focuses in implementing its new development strategy and strives to:

• Improve corporate governance: Sinopec will promote the integration of risk control, internal control and compliance management to strictly control risks in terms of safety, environmental protection, operation management and more. Sinopec will also further integrate ESG with production, operation and development to improve corporate governance efficiency.
• Execute an innovation-driven development strategy: Sinopec will create a cradle for original technologies to promote the development and application of advanced technologies for oil and gas resources, emphasize technological breakthroughs in oil refining, high-end chemicals and new materials, modern coal chemicals, new energy and more, and strengthen the development of the industry’s key technologies, common technologies and cutting-edge technologies.
• Enhance energy supply capacity: Sinopec is devoting greater efforts in the exploration and development of oil and gas, aiming to achieve major breakthroughs and discoveries of shale oil and gas, promote the coordinated development of natural gas production, supply, storage and sales, maintain domestic oil and gas reserves with steady growth in production, and actively and steadily lay out new energy businesses such as hydrogen energy. It will strengthen the support capability of international trade, improve global resource allocation capacity and explore the establishing a multi-energy complementary energy supply system.
• Promote the upgrade of refining and chemical businesses: Sinopec aims to optimize oil refining and expand and strengthen chemical engineering, speeding up the progress of “crude-to-chemicals” and “petroleum derivative products” to promote the mid- to high-end development of the chemical business and build a large-scale, integrated and intelligent world-class refining and chemical engineering base.
• Build green and low-carbon competitive advantages: Coordinating the relationship between development and emissions reduction, Sinopec continues the optimization of its industrial and energy use structures, improves energy efficiency to set industry benchmarks. Sinopec has also accelerated the R&D of green, low-carbon technologies using the Sinopec Qilu-Shengli Oilfield CCUS project as the foundation.

For more information, please visit Sinopec.

Photo – https://mma.prnewswire.com/media/1777708/image.jpg

Logo – https://mma.prnewswire.com/media/960416/SINOPEC_Logo.jpg

• “GovTech Prize” is an annual global award designed to motivate world government entities and startups to create and innovate Government Technology solutions that help solve common and pressing global challenges
• The categories included: Health and Wellbeing, Education & Remote Learning, Refugees, Climate Change, AI Powered Government Services, and Unique Breakthroughs.

DUBAI, UAE, March 31, 2022 /PRNewswire/ — The 7^th edition of the “GovTech Prize” winners have been named, with organizations from across the world being recognized and celebrated for their outstanding involvement across a range of categories. This is the world’s first government award where the digital twin of the Award has been embedded in the trophy as an NFT, digitally chronicling the winner and the award forever.

The GovTech Prize winners were announced on the 30th of March as part of the World Government Summit (WGS) 2022 at Expo 2020 Dubai. The Prize is an annual global award designed to motivate world government entities and startups to create and innovate government technology solutions that help solve common and pressing global challenges.

His Excellency Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs, Chairman of the World Government Summit Organization stated: “With over 250 case studies nominated from 65 countries, the winners of the GovTech awards reflect what the WGS mission is and how the prestigious award celebrates the outstanding humanitarian and government initiations from around the world. This year’s winners are an inspiration for others to continue creating and becoming pioneers in the government technology, which pushes the world forward.”

Winners of the six categories

The “Education & Remote Learning” category winner is ‘Eduq+’ in partnership with the Department of Education Brazil. ‘Eduq+’ is the world’s first nudgebot startup, using Artificial Intelligence to motivate over 2M students with fully personalized messages boosting academic performance during the Covid-19 reducing grade repetition by 33% and preventing student drop out by 50%.

The “Health & Wellbeing” category winner is ‘Sleepio & Daylight’ in partnership with NHS Scotland. Scotland is the 1st country in the world to make digital therapeutics for anxiety and insomnia available nationally to 5M people at no cost, using non-drug alternatives “Sleepio & Daylight”, evidenced-based cognitive behavioral therapy apps that resulted in 70% improvement in anxiety symptoms and improved sleep by an average of 7 additional hours per week.

The “Refugees” category winner is ‘TYKN’s Ana’ in partnership with the Turkish Ministry of Foreign Affairs. An award-winning startup, TYKN is a digital identity platform used to optimize the process of issuing Work Permit related documents for refugees leveraging blockchain – improving the opportunity for the 3M refugees in the country to have access to healthcare, education, and banking.

The “Climate Change” category winner is ‘Flash Forest’ in partnership with Emissions Reduction Alberta. Flash Forest startup have combined forces adopting an innovative solution, leveraging Artificial Intelligence and Drones to plant up to 20,000 tree seeds per day and bringing down cost by a 4x factor. The joint initiative is targeting to plant 1 billon trees in the next few years.

The “AI Powered Government Services” winner is ‘Bürokratt’, Estonia. The Ministry of Economic Affairs and Communications launched “the Siri of digital public services” the world’s first public service AI-based virtual assistant, revolutionizing the way citizens have access to Government services allowing 1.3 million Estonians to access all public services.

The “Unique Breakthroughs” winner is ‘Visolis’ in partnership with the US Department of Energy, USA. ‘Visolis’ is one of the 50 next companies to disrupt the world, created carbon-eating microbes that reduce CO2 emissions by more than 90%, using biomass instead of petroleum to produces carbon negative material at a faction of the material production cost & potentially disrupting material industries valued at more than trillion dollars

The World Government Summit (WGS), launched under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, in 2013, itis a global platform that brings together world leaders, ministers, senior officials, and policymakers to share experiences and ideas that contribute to the development of future governments and discuss the latest trends and innovative solutions for global challenges. The WGS 2022 convened this year and welcomed up to 4000 participants and 500 speakers, who are shaping the next generation of governments.

Contact:

Joann Joseph
Joann.Joseph@instinctif.com
+971 58 257 5490

Photo: https://mma.prnewswire.com/media/1777746/World_Government_Summit.jpg