Day: January 20, 2023

NEW YORK, Jan. 20, 2023 /PRNewswire/ — Sex.com is officially up for sale. Previously sold at $13 million in 2013, the opening price today is a cool $20 million. “Sex.com is one of the most valuable and recognizable domain names in the world, and we’re thrilled to be able to offer it for sale to the highest bidder,” said Elnaz Gerami, CMO for Digital Nomad, in a statement.”After our recent relaunch as an innovative blend of popular social platforms, we have seen a large influx of new creators capitalizing on our 1.5 million unique visitors per day. As a result, prominent parties made an offer on the domain name. For this reason, we’ve decided to put it up for auction. We look forward to seeing who the next owner of the sex.com brand will be.”

This is a rare opportunity for any individual, business, or brand to own a piece of internet history. The iconic domain is the first platform to require personal identification for the onboarding of creators. This makes it one of the most secure and well-respected websites in the industry.

The bidding process is set to begin immediately and will be conducted through a private sealed bid auction. Interested parties can learn more at sex.com/auction or by emailing auction@sex.com

BAODING, China, Jan. 20, 2023 /PRNewswire/ — On January 16, a documentary featuring GWM went on air, depicting the advantages of GWM in hybrid, power batteries, intelligentization and its global strategic layout.

In 2022, GWM moved forward the globalization strategy steadily through the Forest Ecosystem even under the continuous impact of factors challenging the global automobile market, such as supply chain shortage and the epidemic.

The Forest Ecosystem, centered on the new energy and intelligence, has a unique systematic advantage. Mr. Jack Wei, Chairman of GWM, mentioned in the documentary that GWM upholds the R&D concept of “precise investment and continuous pursuit of leading technology”.  In 2022, GWM has continued to increase the investment of technology R&D in the Forest Ecosystem. The total investment in the first three quarters exceeded CNY 8.5 billion, up over 64% YoY.

The technology in this ecosystem that GWM accumulated for years has continued to bear fruit. GWM has built a product matrix of new energy products, including HEV, PHEV, and EV to meet the differentiated requirements of global markets. In 2022, HAVAL, a SUV brand of GWM, officially released the new energy strategy, and introduced Hybrid models in several markets, such as Australia, Chile, Pakistan, South Africa, Thailand, and Brazil, and has been highly recognized by the markets and consumers.

Furthermore, GWM has been expanding its layout in the luxury new energy vehicle market. GWM WEY, a high-end intelligent new energy brand, has launched Coffee 01 and Coffee 02 with a combination of luxury and advanced technology. These vehicles promoted GWM to develop the European new energy market. The WEY Coffee 01 equipped with the HPilot system, a cutting-edge smart driving assistance system, has won the five-star Euro NCAP safety rating. GWM TANK, the premium off-road SUV brand, has launched the TANK300 HEV and TANK500 HEV/PHEV, which lead the electrification transformation of the industry.

GWM also has gained a systematic advantage in hydrogen energy by leveraging forest ecosystem. It currently has established an integrated supply chain ecosystem, which includes hydrogen “production-storage-transportation-refueling-application”. As for the development of hydrogen energy, GWM has invested CNY 2.5 billion in total in hydrogen fuel battery vehicles to put it into mass production.

GWM boasts the most demanding criteria for the quality and technology of its products. It already has core technology reserves and supply chain capabilities in the new energy and intelligence fields, and has kept ahead through significant cutting-edge investments, Jack Wei mentioned.

He also said that the new energy and intelligent technology have brought enormous growth potential for GWM. With “ONE GWM” as the core strategy, the company will increase technology R&D investment in the future to accelerate the transformation into a global intelligent technology company.

Photo – https://mma.prnewswire.com/media/1985627/Global_Review_2022_GWM_Expands_Its_Global_Layout__Empowered_by_Forest_Ecosystem.jpg

RIYADH, Saudi Arabia, Jan. 20, 2023 /PRNewswire/ — Al Ghazala Energy Company (“Ghazala“), the Kingdom of Saudi Arabia-based subsidiary of Jinko Power Technology Co., Ltd (601778 SH), a global leader in renewable energy, has achieved financial close and commenced construction of its 300 MW Saad Solar PV Project (the “Project“) in the Kingdom.

Elsewedy Electric for Transmission and Distribution of Energy (“EET&D“), an Engineering and Construction subsidiary of the Egyptian multinational company Elsewedy Electric (EGX: SWDY.CA) has been selected as the EPC contractor for the Project. The scope of the full-wrap EPC Contract includes design, supply, construction, warranty, initial operation and maintenance of the Project.

A consortium of three leading lenders of the region is providing long-term, non-recourse project financing to Ghazala, the project company. The Project debt facilities comprise both Islamic and structured senior tranches.

With the achievement of financial close and approval from the off-taker, Saudi Power Procurement Company (“SPPC“), to commence construction, Ghazala has initiated the mobilization of its manpower and the EPC contractor on site.

President of Jinko Power International Business, Mr. Charles Bai, said “The financial closing of the Saad Project during tumultuous times for the world and the solar industry specifically is a testament of Jinko Power’s commitment to the renewable industry in the Kingdom of Saudi Arabia and Jinko Power’s capabilities to develop and execute projects with professionally experienced teams spanning across technical, supply chain, finance, legal and project management. We remain committed to the Kingdom and to successful completion and operation of the Project.”

Senior Managing Director of Jinko Power, Mr. Mothana Qteishat added: “A great start to the year 2023. The closing of the Saad Project underpins our commitment towards HRH Prince Mohammad Bin Salman and Saudi Arabia’s Vision 2030. This adds very well to our track record in the region with the world’s largest single-site solar plant under operation (1.2 GW Sweihan Project in Abu Dhabi), the world’s largest single-site plant under construction (2.1 GW Dhafra Project in Abu Dhabi). We are glad to have elected Elsewedy Electric as our partner / EPC Contractor for our first Project in the Kingdom, who brings their regional know-how.”

About the Project:

The project, located in the vicinity of the town Saad in the Kingdom of Saudi Arabia, is part of Category B projects under the third round of competitive tenders of the Kingdom’s National Renewable Energy Programme (NREP). The Power Purchase Agreement for a term of 25 years was signed in March 2022 with SPPC. The Project is scheduled for commissioning in Q4 2024.

About Jinko Power:

Founded in 2011, Jinko Power is a well-known global IPP that develops, builds, finances, owns and operates solar power plants. We strive to make solar the most sustainable and competitive source of energy worldwide.

As of Sep 2022, the company has owned and connected about 3.3 GW of solar IPP projects in China and about 3.6 GW of solar IPP projects developed, constructed and in operation outside China. The Company manages an international portfolio of assets including the world’s largest operational solar plant. The Company’s international business team is developing a global pipeline of GW scaled projects in our key markets including the Middle East, Europe, Latin America and Asia Pacific.