BAODING, China, Sept. 24, 2020 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that the Company is advancing negotiation with one of its top 5 customers, based in Shandong Province for orders of the paper products. The customer is currently ranked among the top 5 customers of the Company during the past couple of years.

Based on the negotiation, the Company and the customer will further cooperate on products supply and purchase in the next quarters and definitive new contracts are expected to be signed by the end of the year. Based on its increasing clients' demand, the customer will continue to increase its purchase orders from the Company.

Mr. Zhenyong Liu, Chairman and Chief Executive Officer of IT Tech Packaging commented, "We are pleased with the negotiation with the customer for further partnership. As Chinese economy recovers from the COVID-19 epidemic with an amazing pace, our top clients such as companies focusing on printing and packaging are also receiving amount of orders and some even have backlog of orders, so they push forward the negotiations for raw materials and increase purchase volume of our products. We appreciate their confidence in our products as well as efficiency of delivery. We hope the stable partnership between us will continue contributing considerable revenue stream in the upcoming quarters."

About IT Tech Packaging, Inc.

Founded in 1996, IT Tech Packaging, Inc. is a leading manufacturer and distributor of diversified paper products in North China. Using recycled paper as its primary raw material (with the exception of its tissue paper products), ITP produces and distributes three categories of paper products: corrugating medium paper, offset printing paper and tissue paper products. With production based in Baoding and Xingtai in North China's Hebei Province, ITP is located strategically close to the Beijing and Tianjin region, home to a growing base of industrial and manufacturing activities and one of the largest markets for paper products consumption in the country. ITP has been listed on the NYSE American since December 2009.

Safe Harbor Statements

This press release may contain forward-looking statements. These forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks outlined in the Company's public filings with the Securities and Exchange Commission, including the Company's latest annual report on Form 10-K. All information provided in this press release speaks as of the date hereof. Except as otherwise required by law, the Company undertakes no obligation to update or revise its forward-looking statements.

For more information, please contact:

At the Company Email:
ir@itpackaging.cn
Tel: +86 0312 8698215

Investor Relations:
Janice Wang
+86-138-1176-8559
+1-908-510-2351
EverGreen Consulting Inc.
Email: ir@changqingconsulting.com

Related Links :

http://www.itpackaging.cn/

HONG KONG, Sept. 24, 2020 /PRNewswire/ -- Suncity Group Holdings Limited ("Suncity" or "the Group", Hong Kong Stock Exchange code: 1383) is pleased to announce that the Group has been endowed with three prestigious awards at the 6^th Investor Relations Awards organised by Hong Kong Investor Relations Association ("HKIRA") in the following categories in Awards presentation ceremony yesterday.

• Best IR Company - Mid Cap
• Best IR by Chairman / CEO - Andrew Lo - Mid Cap
• Best Investor Meeting - Mid Cap

Suncity Group has been awarded 1) Best IR Company - Mid Cap; 2) Best IR by Chairman / CEO - Andrew Lo - Mid Cap; 3) Best Investor Meeting - Mid Cap.

The Hong Kong Investor Relations Awards is organised by the HKIRA to recognize outstanding performance and best practices in investor relations among Hong Kong listed companies and related professionals. The Awards has been reviewed by a panel of judges composed of the academia, representatives of professional institutions, investment professionals, compliance and financial reporting professionals. There were 168 nominations for this year's awards in aggregate. More than 670 investment professionals voted and thus the Award is widely recognised in the Asian investment community. 

Mr. Chau Cheok Wa, Chairman of Suncity, said "I would like to show my appreciation to the investment community for their continuous support and trust in Suncity. Being recognised by the HKIRA Awards for the very first time empowered my colleagues and my team to perform even better. Each and every vote from the investment community is a seal of confidence dedicated to our improvement in corporate governance and investor relations programme, as well an approval on Suncity's integrated resort development strategy in Asia."

Mr. Andrew Lo Kai Bong, Executive Director of Suncity, expressed his delight "I am honoured to be recognised by the investment community on behalf of the Group. This is the very first time that Suncity attained three outstanding Awards through the poll arranged by the HKIRA. I am delighted to see that the market recognises the outstanding work by Suncity. In the future, we will continue to strengthen communications with investors to assist the capital market to grasp the full integrated resort growth picture in Asia by Suncity."

About Suncity Group Holdings Limited (HKEx stock code: 1383)

Suncity Group Holdings Limited ("Suncity" or the "Group") is en-route to become a leading integrated resort operator in Asia. Originated from Macau, Suncity develops, operates and manages integrated resorts across Asia, including Vietnam, the Philippines, Russia, and Japan.

Hoiana is the first flagship integrated resort that Suncity jointly develops with our investment partners. Located in Central Vietnam, Hoiana is only 35 minutes away from the Danang International Airport and is located near to top tourist attractions in Danang and Hoi An. Hoiana is a world-class integrated resort with branded hotels, state-of-the-art gaming floors, multiple F&B restaurants, award-winning golf course and long pristine beaches.

Suncity is the single largest shareholder of Summit Ascent Holdings Limited (HKEx: 102), and participates in the development of future phases of Tigre de Cristal Resort in Vladivostok, Russia. Suncity is also the controlling shareholder of Suntrust Home Developers, Inc. (PSE: SUN), who is going to co-develop Westside City Integrated Resort in the heart of Entertainment City in Manila, the Philippines. The Group also offers consultancy services to large scale integrated resorts in Asia. In addition, the Group operates in the travel related product and services segment and the property segment.

Adhering to the spirit of "Innovating With Diversity, Striving For Success", Suncity Group spared no effort to develop entertainment and integrated resort products. Originated from Macau, Suncity Group actively explores integrated resort opportunities around the world.

For more information about the Group, please visit http://www.suncitygroup.com.hk/?lang=en

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Related Links :

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SYDNEY, Sept. 24, 2020 /PRNewswire/ -- FP Markets is delighted to announce that it has been awarded the Best Global Value Forex Broker for 2020. The Global Forex Awards 2020 awarded excellence in the financial industry in areas such as cutting-edge technology, low-cost trading and customer service.

FP Markets has been awarded the Best Global Value Forex Broker

This is the second consecutive year that FP Markets has been voted as the Best Global Value Forex Broker and highlights its commitment to providing a superior trading destination for its clients. It is also a reflection of the company's desire to constantly enhance its product. 

These thoughts were echoed by Managing Director Matt Murphie who said "Being voted Best Global Value Forex Broker for the second consecutive year feels even more gratifying than our award in 2019. Being recognised in this way demonstrates that we are the best destination for clients for overall trading experience given our market leading tight spreads and fast execution. We have continued to strive for success and look for ways to continuously improve the products and services we provide. When people trade with FP Markets, they can confidently say that they are trading with the #1 Global Value Forex Broker.*"

"It is a great way to celebrate the company's 15 year anniversary and is just reward to the entire organisation during what has been a challenging year for all globally."

FP Markets offers over 10,000 trading instruments offering traders access to CFDs across Forex, Indices, Commodities, Stocks and Cryptocurrencies, making it one of the largest offerings in the industry. With a total of 8 platforms to choose from including MT4, MT5 & Iress, traders are able to find the optimal trading conditions for their strategy. Over the past 15 years, FP Markets has learnt that the combination of consistently tight spreads and fast execution, coupled with cutting-edge platforms, a wide product range and first-rate customer support are the key ingredients that give serious traders the confidence to trade.

FP Markets was founded in May 2005 and pioneered the Direct Market Access (DMA) Contracts for Difference (CFD) model in Australia which promotes fair and transparent pricing and focuses on the optimum order execution for clients.  FP Markets is still committed to providing DMA pricing for products where a centralized exchange is present. For products such as Forex where there is no centralized exchange, FP Markets provide tight Raw Spreads using Electronic Communication Network (ECN) pricing.

Notes to Editors

About FP Markets:

• FP Markets is an Australian Regulated global CFD and Forex provider with more than 15 years of industry experience.
• The company's vision has always been to deliver the ultimate trading destination for clients by combining the best trading conditions, technology, product range, pricing and client services available to those wanting to trade the markets.
• FP Markets offers highly competitive interbank Forex spreads available from 0.0 pips and leverage up to 500:1.
• Clients can also trade on-the-go from their mobile devices across several powerful online platforms like MetaTrader 4, MetaTrader 5, WebTrader and IRESS.
• The company's outstanding 24/5 multilingual service has been recognised by Investment Trends as home to some of the most content clients in the industry, having been awarded 'The Highest Overall Client Satisfaction Award,' five years running from Investment Trends.

For full details of our wide-ranging offering, please visit https://www.fpmarkets.com 

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MELBOURNE, Australia, Sept. 24, 2020 /PRNewswire/ -- InfraRisk Pty Ltd. (InfraRisk), a leading fintech solutions provider specializing in digital lending solutions, today announced that it has partnered with Janko Loans Pty Ltd. (Janko) to launch a new-generation online lending platform. The platform leverages InfraRisk's end-to-end and modularized digital lending capabilities to offer unsecured loans quickly and efficiently in Australia.

Janko is an Australian Credit License holder based in Brisbane that aims to serve primarily the underbanked population with advanced technologies and boost financial inclusion in Australia.

Statistics show there are around 3 million people in Australia who do not have access to credit products from traditional financial institutions. These people are unserved or underserved because traditional lenders find their credit needs for small amounts unattractive due to the high origination or servicing costs.

With a streamlined process and integrations to automate KYC, bank statement analysis, and real-time payments, Janko's newly launched platform helps deliver loans efficiently, easily, and instantly, while staying compliant to regulations.

Nicholas Davies, founder and CEO of InfraRisk, said, "We are looking forward to the application of our digital lending platform in Australia and applying the world's best practice in automation and AI-driven risk models to create a fair and effective lending solution for this segment of the market."

The technology platform itself can also be used to power Buy Now Pay Later products. In September 2019, Roy Morgan found 1.95 million Aussies (or one in 10) had used at least one BNPL service – such as Afterpay or Zip, up 41.3% from a year ago. "The platform technology from InfraRisk used by Janko is prime to help financial institutions set up similar service capabilities and join this increasing consumer trend," Nic continued.

The complete functionality in InfraRisk's digital lending solution enables a highly automated lending process that delivers the world's best operational efficiency. With the introduction of Open Banking in Australia, the company's extensive experience in applying big data analytics, artificial intelligence, machine learning, and anti-fraud algorithms ensures InfraRisk's lending solutions are able to determine an applicant's credit quality and disburse loans within seconds while meeting strict regulatory guidelines and applying responsible lending practices.

InfraRisk enables Janko to manage the whole life cycle of lending, from loan origination to loan collection, to be fully automated and delivered through digital channels, which significantly improves the efficiency and effectiveness of the lender's online businesses.

"The Consumer Data Right Act has served as the foundation for open banking in Australia," said Mr. Davies. "With user's authorization, we can now obtain bank transaction data relating to credit and debit cards, deposit accounts and transaction accounts, which is critical for credit assessment and risk management in real-time digital lending."

Incorporated in November 2008 and headquartered in Melbourne, InfraRisk has over 10 years of experience in providing financial technologies to banks and financial institutions in Australia, Europe, China and across the Asia Pacific.

About InfraRisk

InfraRisk is a leading fintech specializing in digital lending solutions. Incorporated in 2008 and headquartered in Melbourne, InfraRisk has over 10 years of experience in providing financial technologies to banks and financial institutions in Australia, Europe, China and across the Asia Pacific. Leveraging its scalable and reliable technology infrastructure and deep industry insights, the Company offers its partners a full suite of customized end-to-end solutions, ranging from payday loans, buy now pay later, SME loans, corporate & commercial loans, and wealth management. For more information, please visit www.infrarisk.com.

Related Links :

http://www.infrarisk.com

PUNE, India, Sept. 24, 2020 /PRNewswire/ -- Panchshil Realty today announced that it has achieved strong sales growth and seen excellent demand for its flagship residential project Panchshil Towers, located in Pune's eastern IT corridor.

Panchshil Towers Clubhouse Render

To view the Multimedia News Release, please click:  https://www.multivu.com/players/uk/8769551-panchshil-realty-sales-at-panchshil-towers/

Over the last year, sales at Panchshil Towers have seen encouraging double-digit growth in the domestic market and sales to NRIs have tripled. The sales momentum has in fact picked up post the onset of the pandemic as discerning home buyers are now seeking spacious and well planned homes.

Panchshil Towers' proximity to Kharadi is one of the many key drivers of sales growth. Over the next 3 to 5 years the total office stock at Kharadi is expected to reach 24 Million Sq Ft with 3,50,000 people expected to work there.

Panchshil Towers is a premium residential destination comprising 9 towers spread over 14 acres with 60% open spaces.  3.5 and 4.5 bedroom-hall-kitchen (BHK) residences are available here with typical apartments ranging in size from 1900 square feet to 2200 square feet (all areas are RERA carpet areas). (MahaRERA No. P52100002528)

Towers A, B, D & E are ready-to-move-in. Apartments at Panchshil Towers (Towers A, B, D & E) start at INR 2.45* Cr. while apartments in the other towers start at INR 1.93 Cr.

Sharing his insights on the sales trends of Panchshil Towers, Mr. Sagar Chordia, Director, Panchshil Realty said, "There has been an increase in demand for larger homes and families want spacious homes to be safe and comfortable post the pandemic. Besides, buyers are increasingly choosing ready-to-move-in homes to fulfill their aspirations for better living in a community setting."

To know more about Panchshil Towers, please click here

Panchshil Realty's total completed real estate portfolio is around 23 million square feet with another 20 million square feet under development. Panchshil Realty's three main business verticals are Residential, Commercial and Hospitality. A significant chunk of Panchshil Realty's office portfolio is anchored by Blackstone Real Estate Private Equity Fund, sponsored and managed by Blackstone Group LP.For more information about Panchshil Realty, please visit www.panchshil.com

For sales enquires related to Panchshil Towers, Pune, please contact Himanshu Rathore on +91-99230-55555 or via email at Himanshu.rathore@panchshil.com

For more detailed disclaimers about Panchshil Towers, please click here.

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ADVANTAGE KHARADI

KEY DRIVERS Influencing buyers' preference for Panchshil Towers.

Highlight of Sales Trends at PANCHSHIL TOWERS

Related Links :

http://www.panchshil.com/

NEW DELHI, Sept. 24, 2020 /PRNewswire/ -- Forrester (NASDAQ: FORR) today announced its India Financial Services Webcast Week 2020, featuring five complimentary webcasts held from 5–9 October to help firms reimagine their digital efforts. Accelerating digital capabilities is critical to Indian financial services firms' success, especially as they need to adapt to changing customer expectations and navigate through the global pandemic and economic stresses.

According to Forrester's "Indian Banks: Deliver Better Experiences Or Risk Losing Customers report," 55% of Indian customers are more digitally engaged and using digital means to interact with financial services providers.

The webcast series curated for the Indian financial services industry will feature Forrester analysts and industry speakers and focus on topics including reimagining digital operations and experiences, managing platform ecosystems, and driving innovation. These experts will discuss the future of financial services in India, identify key drivers for growth, and share actionable insights to help firms embark on their digital transformation journeys.

"The Indian financial services business landscape is more dynamic than ever, and 2020 has added new dimensions to it," said Ashutosh Sharma, vice president and research director at Forrester. "COVID-19 has accelerated the need for digital transformation, and there is a need to act now. From open banking to business continuity and recovery strategies to maintaining resilience and planning for the long term, this webinar series will help financial services institutions be more agile and customer-centric."

Full agenda:

Resources:

• Register to attend the India Financial Services Webcast Series 2020.
• View the full agenda and speakers.
• Members of the press interested in attending and covering this webcast series may contact press@forrester.com.
• Join Forrester's live broadcast on LinkedIn to learn more about the future of financial services in India.

About Forrester

Forrester (NASDAQ: FORR) is one of the most influential research and advisory firms in the world. We help organizations grow through customer obsession. Forrester's unique insights are grounded in annual surveys of more than 690,000 consumers and business leaders worldwide, rigorous and objective methodologies, and the shared wisdom of our most innovative clients. Through proprietary research, data and analytics, custom consulting, exclusive peer groups, certifications, and events, we are revolutionizing how businesses grow in the age of the customer; learn more at forrester.com.

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Related Links :

https://www.forrester.com/

• The New Development Bank's (NDB) latest issue in the international capital markets represents another strong step forward in developing its yield curve.
• The USD-denominated 5-year COVID Response Bond is yet another demonstration of NDB's commitment to fighting the coronavirus outbreak in its member-countries.
• This transaction continues to broaden NDB's high-quality investor base, with continued strong participation from central banks and official institutions, allowing for 3 basis points spread tightening.

SHANGHAI, Sept. 24, 2020 /PRNewswire/ -- On September 22, 2020, the New Development Bank (NDB) priced its USD 2 billion, 5-year COVID Response Bond in the international capital markets, following its inaugural issuance on June 16, 2020. This is the NDB's largest-ever USD benchmark bond to date.

The net proceeds of the bond issuance will be used to finance sustainable development activities in the Bank's member countries, including COVID-related emergency assistance programs. NDB is targeting to provide up to USD 10 billion in crisis-related assistance, including financing healthcare and social safety-related expenditures, as well as supporting economic recovery efforts. NDB has approved USD 4 billion of COVID-19 related emergency assistance projects to date.

The transaction marks NDB's second foray into the international capital markets following a highly successful inaugural benchmark issuance. The transaction garnered notable demand from a geographically diverse investor base, and substantial participation from central banks and official institutions, which accounted for 66% of final allocations. The geographic distribution of investors of the final bond book was: Asia – 57%, EMEA – 34%, Americas – 9%.

The 5-year benchmark bond was issued at a spread of 37 bps over mid-swaps and pays a fixed annual coupon of 0.625%. Bank of China, Barclays, Citi, Goldman Sachs International and Standard Chartered Bank are acting as lead managers of the bond issuance.

"We are grateful for the enthusiastic response from investors to our second benchmark transaction which supports NDB's fight against the COVID-19 outbreak in our member countries. The transaction resonated well with investors and led to an extremely high-quality book, which saw a significant contribution from central banks and official institutions," said Mr. Leslie Maasdorp, NDB Vice President and Chief Financial Officer. "I would like to express my appreciation to investors for their continued support for NDB and our sustainable development mandate. It allows us to work together with our member countries to respond to the adverse public health and economic challenges caused by the pandemic."

Qiu Wei, Deputy General Manager, Investment Banking & Asset Management Department at Bank of China said: "The successful pricing of the USD bond not only demonstrates NDB's market impact and JLMs' expertise, but also strengthens the ties between NDB and its member countries. Furthermore, this issuance will help push forward NDB's efforts to help member countries in fighting the challenges brought by the COVID-19 epidemic."

Harry Koppel, Managing Director, SSAR Origination at Barclays said: "Huge congratulations to the New Development Bank for this remarkable result on their second-ever USD benchmark transaction in the international capital markets. NDB took another large step forward, issuing both a larger size and at a longer tenor than its debut issue. And indeed, this was all achieved with a minimum new issue concession vs. estimated fair value. It has been a privilege to work with the NDB team on this transaction, beginning all the way back in July with virtual marketing, and this outcome is a testament to all the work and dedication by the team."

Philip Brown, Head of Public Sector Debt Origination at Citi said: "This was a terrific second Dollar Benchmark for the NDB, who is seeing the benefit of their considerable and continuous program of investor relations. Building on the successful debut 3-year benchmark in June, we've now gone longer, larger and tighter. Congratulations to the NDB Treasury team, it's been our privilege to travel on this exciting journey with them as NDB builds out its capital markets presence so successfully."

Maud Le Moine, Head of SSA DCM at Goldman Sachs International at Goldman Sachs International said: "NDB's second COVID-response USD benchmark comes at a critical time when the COVID-19 pandemic continues to affect many countries globally. Building on the success and performance of their debut USD issuance before the summer, today's USD transaction extends the NDB curve with a new $2bn 5yr, priced 1bp inside of their inaugural issue. The deal achieved an orderbook of $2.4bn and 66% participation from official institutions, a testament to NDB's continuous marketing effort globally. It has been an honour to be a part of NDB's story this year and we congratulate the team on another incredible milestone."

Annemarie Ganatra, Managing Director, Capital Markets at Standard Chartered Bank said: "Standard Chartered is honoured to support New Development Bank's highly successful second USD benchmark bond issuance.  The 5yr issue, NDB's largest to date, achieved a flat yield and spread to the outstanding 3yr USD benchmark, and attracted a diverse and high-quality order book; a testament to the borrower's strong profile in the international SSA markets."

Bond Summary Terms

Background information

In December 2019, the NDB registered its inaugural USD 50 billion Euro Medium Term Note Programme in the international capital markets. The Programme has been rated 'AA+' by Fitch and has been assigned 'AA+' long-term and 'A-1+' short-term issue ratings by S&P. The Base Prospectus, each supplement thereto and any Final Terms published in relation to any series of Notes is or will be available for viewing at here.

The NDB established Emergency Assistance Facility to meet the emergency needs of its member countries. Emergency loans to the member countries could be used to finance direct expenses related to the fight against the COVID-19 outbreak or provide support to governmental measures contributing to economic recovery. The NDB targets to provide up to USD 10 billion in crisis-related assistance. As at September 22, 2020, the Bank has provided RMB 7 billion Emergency Assistant Program Loan to the Government of China, USD 1 billion Emergency Assistance Program Loan to the Government of India, USD 1 billion Emergency Assistance Program Loan to the Government of the republic of South Africa and USD 1 billion Emergency Assistance Program Loan to the Government of Federative Republic Brazil.

The NDB was established by Brazil, Russia, India, China and South Africa to mobilize resources for infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries, complementing the existing efforts of multilateral and regional financial institutions for global growth and development. The NDB received 'AA+' long-term issuer credit ratings from S&P and Fitch and 'AAA' foreign currency long-term issuer rating from Japan Credit Rating Agency (JCR) and Analytical Credit Rating Agency (ACRA).

VALLETTA, Malta, Sept. 24, 2020 /PRNewswire/ -- OKEx (www.okex.com), a world-leading cryptocurrency spot and derivatives exchange, is steaming ahead with its popular OKEx Jumpstart Mining initiative, launching two more promising DeFi projects this week. Mining of its third project, decentralized synthetic asset issuance protocol MixTrust, will begin at 6:00 am UTC on Sept. 24, while Flamingo, an interoperable, full-stack decentralized finance protocol built on the Neo blockchain, starts at 1:00 pm UTC on Sept. 25. 

Holders of OKB, OKEx's adopted global utility token, can stake OKB to mine MXT tokens for a 14-day period with no lockup required. For FLM, the mining period begins on Sept. 25 and runs until Oct. 10. Spot trading of MXT will be available from 6:00 am UTC on Sept. 24, while spot trading of FLM will be available from Sept. 28. For both projects, the individual staking limit is 2,000 OKB and KYC level 2 certification is required. Staking rewards in MXT and FLM are calculated in real time and can be withdrawn at any time.

The MixTrust protocol is based on Ethereum, and provides a decentralized cross-chain trading platform for synthetic assets, as well as seamless asset synthesis, decentralized cross-chain transactions and cross-chain mortgage lending. Users can also benefit from liquidity mining on the platform by pledging their synthetic assets to receive benefits in MXT's product ecosystem.

Among some of MixTrust's most distinguishing features is the fact that the protocol supports different types of DeFi products for cross-chain collaborative interaction, as well as supporting blockchain developers to complete the development of different business systems with an open DeFi underlying protocol network. MixTrust also enables open basic modules in various distributed financial scenarios to meet various business application requirements.

Flamingo, on the other hand, is a decentralized financial protocol built on the Neo blockchain, comprising five main components. These include Wrapper, a cross-chain asset gateway; Swap, an on-chain liquidity provider; Vault, a one-stop asset manager; Perp, an AMM-based perpetual contract trading platform; and DAO, a decentralized governance mechanism. 

The Flamingo project has been incubated by Neo Global Development, underscoring Neo's vision to build the Smart Economy, of which decentralized finance is a crucial component. NGD will facilitate the early stage development of the Flamingo project, and the governance mechanism will gradually transition from proof-of-authority to DAO, making Flamingo eventually run by the community.

"We are delighted to see so much continued innovation coming out of the DeFi space and development forging ahead in this sector. MixTrust is really raising the bar for DeFi projects with a high focus on interoperability and cross-chain transactions, and Flamingo, as a full-stack protocol incubated by Neo, highlights the need for comprehensive DeFi projects that cater to more users' needs. We're thrilled to offer such high-quality, cutting-edge products on OKEx Jumpstart and look forward to watching their progress in the space," said OKEx CEO Jay Hao, adding:

"We continue to support the DeFi economy as well as the needs of our customers, offering them access to the best projects as well as the chance to earn rewards through OKEx Jumpstart Mining. So far, our flexible initiative that allows users to stake and unstake at any time has proven very popular, and we continue to have high expectations for this."

Detailed rules of MXT staking

• Token staked: OKB
• Token earned: MXT
• The total amount of mineable tokens: 250,000,000 MXT
• Mining period: 14 days
• Staking limit per person: 0–2,000 OKB
• Upper limit of total staking: None
• Staking rules: 6:00 am–10:00 am UTC Sept. 24 (4 hours)
• KYC requirement: KYC 2
• Time for opening the trading of the token mined: 6:00 am UTC on Sept. 25

For more information on the rules of MXT staking, please visit here.

Detailed rules of FLM staking

• Token staked: OKB
• Token earned: FLM
• The total amount of mineable tokens: 2,500,000 FLM
• Mining period: From 1:00 pm UTC on Sept. 25 to 1:00 pm UTC on Oct. 5
• Staking limit per person: 0–2,000 OKB
• Upper limit of total staking: None
• Staking rules: Stake and unstake at any time
• KYC requirement: KYC 2
• Time for opening the trading of the token mined: Sept. 28

For more information on the rules of FLM Staking, please visit here. 

About OKEx

A world-leading cryptocurrency spot and derivatives exchange, OKEx offers the most diverse marketplace where global crypto traders, miners and institutional investors come to manage crypto assets, enhance investment opportunities and hedge risks. We provide spot and derivatives trading - including futures, perpetual swap and options - of major cryptocurrencies, offering investors flexibility in formulating their strategies to maximize gains and mitigate risks.

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Related Links :

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Granting Ownership to all Employees Highlights Company Purpose "Lean on Us to Help You Make Life Better" and Core Value of "We Think and Act Like Owners"

SEOUL, South Korea, Sept. 24, 2020 /PRNewswire/ -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial solutions, celebrated its $150 million equity grant to nearly 16,000 employees worldwide with a virtual ringing of The Opening Bell^® at the New York Stock Exchange (NYSE) on September 21. 

"This is a $150 million investment in our employees," remarked Vicente Reynal, Chief Executive Officer. "We are not aware of any other industrial company our size having done something like this; it's a meaningful way to build an ownership culture where all employees can benefit from creating value as they all contribute to our success. Our employees have carried us through the beginning of a successful integration between Gardner Denver and the Ingersoll Rand Industrial segment, built a solid foundation and now position us to pivot to growth and achieve great things in the future. United by a common purpose and set of values, we believe our 16,000 employees around the world are unstoppable."

From an hourly assembly worker on the production line in Quincy, Illinois to a sales representative based in Shanghai, China, all eligible employees received a grant equal in value on the grant date to 20% of that employee's annual base cash compensation.*

The grant follows a similar approach Gardner Denver took a few years ago when it gave employees 'skin in the game' in the company through an equity grant. When Gardner Denver returned to the public markets in May 2017, CEO Reynal, along with Chairman Pete Stavros, KKR's Co-Head of Americas Private Equity and current Ingersoll Rand Board Chairman, announced a grant of more than $100 million in deferred stock units to all Gardner Denver employees worldwide. Employees who held on to that equity grant have seen 80% appreciation.** 

Over the last decade, Stavros and his team at KKR have pioneered this model of employee ownership in manufacturing companies by granting equity to employees in the industrials companies KKR acquires in the Americas, including Gardner Denver.

"Across our investments in the industrials sector, we have seen firsthand the positive results that occur when you make everyone an owner and afford them the opportunity to participate in the value they help to create," said Stavros. "It's an obvious but often overlooked point: employees are the single most important driver in building stronger companies. Today, we are thrilled to continue to invest in Ingersoll Rand's future by investing in and empowering Ingersoll Rand's employees."

Reynal continued, "If everybody thinks and acts like an owner, we all share in the benefits of any future value creation as the company continues its growth strategy and improves its profitability. Overall, we view this grant as a core strategy for increased employee engagement, an ownership mindset and sustainable long-term shareholder value enhancement." 

About Ingersoll Rand Inc.

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our portfolio of products consists of air compressors, pumps, blowers, and systems for fluid management, loading and material handling, power tools as well as the well-known Club Car brand of specialty vehicles. With over 16,000 employees globally, our team develops customers for life through their daily commitment to expertise, productivity and efficiency.  For more information, visit www.IRCO.com.

Forward-Looking Statements

This news release contains "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. All statements, other than historical facts, including, but not limited to, statements regarding the transaction between and integration of Gardner Denver Holdings Inc. and Ingersoll Rand Industrial Segment as well as the potential synergies therefrom and the performance of the combined business; future growth; and share performance, and any assumptions underlying any of the foregoing, are forward-looking statements. These forward-looking statements are based on Ingersoll Rand's current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Additional factors that could cause Ingersoll Rand's results to differ materially from those described in the forward-looking statements can be found under the section entitled "Risk Factors" in its most recent annual report on Form 10-K filed with the Securities and Exchange Commission ("SEC"), as updated in the Company's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2020, as such factors may be updated from time to time in its periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. The foregoing list of important factors is not exclusive.

Any forward-looking statements speak only as of the date of this release. Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or development, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

Related Links :

http://www.IRCO.com

Granting Ownership to all Employees Highlights Company Purpose "Lean on Us to Help You Make Life Better" and Core Value of "We Think and Act Like Owners"

MELBOURNE, Australia, Sept. 24, 2020 /PRNewswire/ -- Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and industrial solutions, celebrated its $150 million equity grant to nearly 16,000 employees worldwide with a virtual ringing of The Opening Bell^® at the New York Stock Exchange (NYSE) on September 21. 

"This is a $150 million investment in our employees," remarked Vicente Reynal, Chief Executive Officer. "We are not aware of any other industrial company our size having done something like this; it's a meaningful way to build an ownership culture where all employees can benefit from creating value as they all contribute to our success. Our employees have carried us through the beginning of a successful integration between Gardner Denver and the Ingersoll Rand Industrial segment, built a solid foundation and now position us to pivot to growth and achieve great things in the future. United by a common purpose and set of values, we believe our 16,000 employees around the world are unstoppable."

From an hourly assembly worker on the production line in Quincy, Illinois to a sales representative based in Shanghai, China, all eligible employees received a grant equal in value on the grant date to 20% of that employee's annual base cash compensation.*

The grant follows a similar approach Gardner Denver took a few years ago when it gave employees 'skin in the game' in the company through an equity grant. When Gardner Denver returned to the public markets in May 2017, CEO Reynal, along with Chairman Pete Stavros, KKR's Co-Head of Americas Private Equity and current Ingersoll Rand Board Chairman, announced a grant of more than $100 million in deferred stock units to all Gardner Denver employees worldwide. Employees who held on to that equity grant have seen 80% appreciation.** 

Over the last decade, Stavros and his team at KKR have pioneered this model of employee ownership in manufacturing companies by granting equity to employees in the industrials companies KKR acquires in the Americas, including Gardner Denver.

"Across our investments in the industrials sector, we have seen firsthand the positive results that occur when you make everyone an owner and afford them the opportunity to participate in the value they help to create," said Stavros. "It's an obvious but often overlooked point: employees are the single most important driver in building stronger companies. Today, we are thrilled to continue to invest in Ingersoll Rand's future by investing in and empowering Ingersoll Rand's employees."

Reynal continued, "If everybody thinks and acts like an owner, we all share in the benefits of any future value creation as the company continues its growth strategy and improves its profitability. Overall, we view this grant as a core strategy for increased employee engagement, an ownership mindset and sustainable long-term shareholder value enhancement." 

About Ingersoll Rand Inc.

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our portfolio of products consists of air compressors, pumps, blowers, and systems for fluid management, loading and material handling, power tools as well as the well-known Club Car brand of specialty vehicles. With over 16,000 employees globally, our team develops customers for life through their daily commitment to expertise, productivity and efficiency.  For more information, visit www.IRCO.com.

Forward-Looking Statements

This news release contains "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. All statements, other than historical facts, including, but not limited to, statements regarding the transaction between and integration of Gardner Denver Holdings Inc. and Ingersoll Rand Industrial Segment as well as the potential synergies therefrom and the performance of the combined business; future growth; and share performance, and any assumptions underlying any of the foregoing, are forward-looking statements. These forward-looking statements are based on Ingersoll Rand's current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Additional factors that could cause Ingersoll Rand's results to differ materially from those described in the forward-looking statements can be found under the section entitled "Risk Factors" in its most recent annual report on Form 10-K filed with the Securities and Exchange Commission ("SEC"), as updated in the Company's Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2020, as such factors may be updated from time to time in its periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. The foregoing list of important factors is not exclusive.

Any forward-looking statements speak only as of the date of this release. Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or development, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

Related Links :

http://www.IRCO.com