Highlights Summary: Pernod Ricard Emeishan Whisky Distillery officially unveiled. L'Occitane acquires an indirect stake in the U.S. care brand for about 83 percent. Oracle College launches a global career center. Digital Technology completed a Series C financing of 376 million yuan. WuXi Biologics expanded base in Philadelphia, USA, into operation. Shanghai United Family Healthcare and Tobo E-sports Club officially signed a contract. Aodong built the first city-level power exchange network in the extremely cold season frozen area in China. ZTO announces the appointment of a new independent director.
Corporate headlines
Pernod Ricard Emeishan Whisky Distillery was officially inaugurated
Pernod Ricard announced the official opening of its Diechuan Malt Whisky Distillery in Mount Emei, Sichuan Province, marking the official opening of the first Malt Whisky Distillery invested and built by the International Spirits & Wine Group in China, which will further consolidate Pernod Ricard's industry leadership in the Chinese whisky market. Pernod Ricard plans to invest RMB 1 billion in Diechuan Malt Whisky Distillery over a decade. The visitor center located in the factory area will also be officially opened in 2023, which is expected to attract about 2 million tourists within ten years, further helping to enhance Sichuan's cultural influence and promote local economic development.
L'Occitane acquires an indirect stake in U.S. care brand Sol de Janeiro for approximately 83 percent
French skincare brand L'OCCITANE announced that it has agreed to acquire an indirect stake of about 83 percent in American care brand Sol de Janeiro. L'Occitane said the deal was in line with the group's strategy to build a leading portfolio of quality beauty brands. Sol de Janeiro is strategically suited to the Group in terms of brand identity and identity, product quality, management capabilities and prospects for growth, profitability and cash generation. Sol de Janeiro's online presence and solid body care business in the US complement the Group's balanced geographical strategy of building a strong brand portfolio in all major regions, which is conducive to the Group's future global growth and profitability. Sol de Janeiro is an American skincare brand that sells body care, fragrance and hair care products directly to consumers through its website.
Oracle College launches a global career center
Oracle Corporation announces the launch of the Oracle Academy Career Center, a virtual center where students and educators receive free access to vocational training, technical certifications, academic qualifications, and experiential learning resources inside and outside the curriculum. The Oracle College Career Center is dedicated to higher education and offers pathways to a range of professional learning, including engineering and development, human resources, finance, and sales.
Digital Technology completed a Series C financing of 376 million yuan
On November 15, 2021, Digital Technology officially announced the completion of a Series C financing of 376 million yuan, led by Sequoia China, followed by Linear Capital, Blue Lake Capital and GSR Venture Capital. As early as March this year, Digital Technology has completed a B round of financing of 100 million yuan. After this round of financing, Digital Technology will increase investment in new product research and development, service upgrades, overseas expansion and team building. The next stop for Digital Technologies is to build a new data infrastructure for global games. Since its inception, Digital Technology has made steady progress in the domestic game market, successfully occupying the "leader" position in the field of game big data analysis, and planning the demand for games going abroad into product design.
Shanghai United Family Healthcare and Tobo E-sports Club officially signed a contract
Shanghai United Family Medical and Tobo E-sports Club officially signed an official medical cooperation agreement for 2021-2022 to better promote healthy life and escort e-sports events. The two sides agreed that Shanghai United Family Healthcare would provide medical protection for the League of Legends branch of Tombo E-sports Club and provide personalized health management programs for players, including multidisciplinary health protection such as annual health management, orthopedics, ophthalmology, otolaryngology, sleep center, weight loss clinic and so on.
Aodong built the first city-level power exchange network in the extremely cold season frozen area in China
On November 11, the commissioning ceremony of The Hongqi E-QM5 replacement model was held at the headquarters of FAW Group Corporation, and the Hongqi E-QM5 replacement version of the model officially entered the market. With the release of the third batch of substation construction plans, the responsible persons of FAW Travel and FAW Service Trade delivered the keys of Hongqi new energy trams to representatives of the taxi industry, and 100 Hongqi new energy trams were delivered. As of the end of November, 2,000 Hongqi new energy trams will be put into operation in Changchun. On the same day that the first batch of Hongqi replacement taxis were officially launched, Aodong New Energy was officially launched in the first batch of 22 substations in Changchun, providing a strong impetus for the construction of green Jilin and Changchun to build a city-level power exchange service network that has begun to take shape. At present, after the completion of the first batch of 22 substations in Changchun, the second phase is planned to build 44 and the third phase is planned to build 54 substations, which will also be completed.
WuXi Biologics expanded base in Philadelphia, USA, into operation
WuXi AppTec's CTDMO, which focuses on cell and gene therapies, recently announced that a new high-end testing laboratory expanded at the navy yard site in Philadelphia has officially entered operation. The 13,000-square-meter lab will triple the company's high-end testing capacity when commissioned, better meeting the growing global customer demand for cell and gene therapy products. The new laboratory is part of the expansion of Wuxi Biotech's Navy Yard base in Philadelphia, USA, which will greatly enhance the company's existing analytical development and high-end detection capabilities and scale, and further enhance the capabilities of WuXi biology's integrated CTDMO platform for cell and gene therapy.
ZTO announces the appointment of a new independent director
Zhongtong Express (Cayman) Limited announces that Ms. Xie Fang has been appointed as an independent director of the Board of Directors of the Company with immediate effect. After the appointment takes effect, the Board of Directors will consist of ten members, six of whom will be independent directors. Ms Tse Fong will also serve as a member of ZTO's Environmental, Social and Governance Committee. Heather Xie has been a director and fund manager of Seres Capital since May 2021. Ms. Xie has provided management consulting and leadership training services to startups and investment management companies since July 2018.