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  • Sweet Expands NFT Marketplace to Shopify Ecosystem

    Sweet Expands NFT Marketplace to Shopify Ecosystem

    Sweet, the leading enterprise NFT solutions provider, announced the integration of its NFT distribution platform into the Shopify marketplace, empowering brands, shop owners, and IP holders to sell NFTs through existing online store-fronts. The addition of Sweet into the Shopify platform enables global retail and entertainment brands to capitalize on the growing demand for NFTs while keeping consumers in their own branded checkout experience.

    According to Tom Mizzone, CEO and founder of Sweet, “To date, NFTs have been primarily sold through third-party crypto marketplaces, forcing brands to make the hard choice of directing consumers to an off-brand experience.

    “Additionally, broader consumer bases want to buy and own NFTs but are confused by complex and intimidating blockchain wallet setup, and don’t know how to get started. Now anyone can get into the NFT game through the familiar Shopify checkout experience, furthering Sweet’s commitment to brand partners by prioritizing the consumer experience.”

    Sweet’s scalable NFT platform is democratizing NFTs and creating broader ways for retail and consumer brands to offer digital collectables to their users. The ability to sell and distribute through Shopify’s e-commerce platform not only enables direct NFT sales but also enables gamified, bundled, “gift with purchase” NFT experiences with physical merchandise.

    “Imagine randomizing and bundling digital assets with t-shirts, vinyl albums, sneaker drops, and more,” said Ken Ellis, CTO of Sweet. “Now imagine gamifying the merch store by hiding Willy-Wonka style golden ticket NFTs in the bundles, surprising and delighting consumers with one-of-a-kind experiences.

    “Not only can brands use Sweet’s technology to create engaging consumer experiences, drive sales, and drive profit margins, but the NFT can serve as a cryptographically secure digital certificate of authenticity. The NFTs are publicly verifiable and can’t be counterfeited, and packaging them with physical goods also ensures the authenticity of those goods.”

    Sweet’s blockchain-agnostic, eco-friendly NFT solution is bringing digital collectables to the masses by offering retailers flexible distribution options and the ability to mint cost-effective branded NFTs across multiple blockchains. Sweet’s magic is in making these unique digital assets easy for consumers to acquire and receive with no crypto knowledge or expertise needed.

    The integration of Sweet’s NFT platform into the Shopify marketplace means that retail brands of all shapes and sizes can now offer NFTs to their consumers in use-cases that are specific and unique to their brand’s aesthetic and personality. According to CNBC, NFT sales in the first quarter of 2021 eclipsed $2 billion. Brands leveraging Sweet’s consumer-first solution are poised to capture a large percentage of sales as NFTs extend into the lives of everyday consumers.

    About Sweet

    Sweet is the broad-scale enterprise NFT solution taking a user-friendly, consumer-first, eco-conscious approach to digital collectables. Sweet’s blockchain agnostic platform leverages multiple chains, each for the right use-case, allowing Sweet’s enterprise clients to create holistic, long-term NFT strategies that attract both high-end crypto enthusiasts as well as everyday loyal fans. Please visit www.Sweet.io.

    Media Contact:

    Peter Keiser, EVP of Marketing, Sweet
    E: press@sweet.io, Web: https://sweet.io

    Distributed for Sweet by Bitcoin PR Buzz (https://bitcoinprbuzz.com).

  • 3D Lotto Result Today May 20, 2021 Thursday Based on 2PM, 5PM, 9PM PCSO Draws

    3D Lotto Result Today May 20, 2021 Thursday Based on 2PM, 5PM, 9PM PCSO Draws

    METRO MANILA – Here is the official 3D Lotto Result today, Thursday, May 20, 2021 from the Philippine Charity Sweepstakes Office (PCSO) based on 2PM, 5PM, and 9PM live draws online.

    3D also known as Swertres is one of the most popular digit games in the Philippines. The PCSO releases official 3D result / Swertres result for 20 May 2021 at 2pm, 5pm and 9pm. Refresh this page after the scheduled draw time to see the latest results.




    3D Lotto Result Today May 20, 2021 from PCSO (Swertres):

    [table id=4 /]

    (View latest 3D Lotto Result here)

    Congratulations to all the winners. if you did not make it in today’s draws, don’t worry, there are still more draws to come. 3D Swertres tickets are still at P20 each. Please check this post regularly for the latest 3D Swertres Lotto results from the Philippine Charity Sweepstakes Office (PCSO).

    Only persons aged 18 and above are allowed to play Swertres Lotto. Players are responsible for checking the accuracy of the data printed in their tickets.

    Other Results: 2D | 3D | 6/58 | 6/55 | 6/49 | 6/45 | 6/42 | STL




    https://youtu.be/S5v9s6wdR3Y

    [table id=2 /]

    How to play Swertres Lotto / 3D Lotto

    • Select your Swertres number combination by marking one (1) number out of numbers 0 to 9 in each of the three columns.
    • Mark LP (Lucky Pick) if you want the terminal to choose the number combination for you.
    • Select your play amount.
    • Mark Rambolito if you want to play Rambolito 3D Lotto System Bet.
    • For Advance Plays, mark the number of consecutive draws in the Draw panel.

    Where to Claim 3D Lotto Prize/s

    For P10,001.00 and up, excluding the Jackpot Prize, prizes can be claimed in PCSO Branch Offices in your area or at the PCSO Head Office.

    For P24 up to P10,000, prizes can be claimed at the Lotto outlet where you bought your ticket or at the PCSO Branch Offices in your are.

    Lotto New Schedule of Games

    [table id=5 /]

    Please ensure that you check your numbers at the official PCSO website. BusinessNews.ph cannot be held responsible for any misprints, typos or inaccuracies that lead to any financial loss or failure to claim winnings.

  • USFDA recognized Antrodia cinnamomea mycelia (NDIN No.1170)

    USFDA recognized Antrodia cinnamomea mycelia (NDIN No.1170)

    USFDA NDI notification of Antromax “Antrodia cinnamomea mycelia”

    The history of Antrodia cinnamomea consumption by indigenous tribes in Taiwan dates back two hundred years ago, while people in the Western world know little about this ingredient.

    The USFDA NDI acknowledgement without objection to Greenyn’s Antromax was the 1st notification after numerous attempts in the past 14 years. We are honored to establish a stepping-stone for the A. cinnamomea to the US health markets estimated at 10 billion US dollars.

    Dr. Kao Shung-te (middle) of China Medical University Hospital and Dr. Houng Jer-yiing (left) of I-Shou University Medical School presented the study results of the randomized double-blind clinical trial and the bioavailability of Antromax in different dosages forms, respectively.
    Antromax(R)– dripping pills, mycelia powder, emulsion powder (left to right).
    Manufacturing site of Greenyn Biotechnology in Taichung
    Health food of Antromax(R) in livercare in Taiwan (left) and Antromax(R) complex beverage (right).

    USFDA acknowledged Antrodia cinnamomea as new dietary ingredients
    On April 12th, Greenyn Biotechnology Corporation hosted a seminar – “The international development of Taiwan’s Antrodia cinnamomea and its clinical application,” and announced Antromax’s acknowledgement without objection by USFDA NDI. It was a great feat for Greenyn, and will certainly boost the morale of the Antrodia industry to devote more resources in the US market.

    A. cinnamomea is an edible fungus grows on the endangered Cinnamomum kanehirae tree which is found only in Taiwan. This indigenous fungus is traditionally used to ameliorate liver disorders, hangovers, fatigue, and enhance immunity. “Ruby of Taiwan” was given to this miracle fungus.

    “We are surprised that this time we have obtained the USFDA NDI No. 1170 notification without objection for Antromax for marketing in the United States,” pointed by Luo Hsuan, CEO of Greenyn. Over the past years, it was difficult to obtain such notification because A. cinnamomea is unknown to the western world; its’ safety data, eating and application history is very limited. “It is a significant milestone and a good timing for us to step into the global market. We do hope that Taiwan’s A. cinnamomea industry may take this opportunity to march into the global arena,” Luo Hsuan added.

    According to Dr. Hsu Pang-kuei, the R&D director of Geeenyn, A. cinnamomea is rare and grows very slowly in the wild. For medicinal purposes, you need to wait three years until it is fully grown and it is impossible to increase production/cultivate indoor as the tree Cinnamomum kanehirae is protected under the plant conservation laws. Fortunately, with Greenyn’s solid-state fermentation technology, we are able to cultivate Antromax “A. cinnamomea mycelia” with active ingredients similar to the fully grown in just 3 months. This patented fermentation process will not only maintain the conservation of the tree, but will also lower the production cost, so the public may enjoy this natural healthy food at a reasonable price.

    Clinical trials indicate Antrodia cinnamomea is effective as adjuvant treatment
    During the seminar, Dr. Kao Shung-te, Attending Physician of China Medical University Hospital, shared the findings of Antromax in the clinical adjuvant treatment for hepatitis B. “Through medical trials, it is discovered that Antromax has an adjuvant treatment effect combined with the hepatitis B medicine. The liver function indexes are improved, and there are no adverse effect on the biochemical values in blood and urine.”

    In addition, Dr. Houng Jer-yiing, Associate Dean of the I-Shou University Medical School, shared that the bioavailability of Antromax in different dosage forms have similar adjuvant effects – lowering liver function indexes, liver fat accumulation and alcohol-related liver injuries, as well as enhancing activities of antioxidant enzymes.

    Greenyn’s facility is built to the international standards in the Central Taiwan Science Park with capacity of up-to 12 metric tons annually, which is sufficient for the global markets. Dr. Hsu says, “At present, we will focus on the US and Europe markets, and next we might start to promote in Asia such as Korea, Southeast Asian countries and Australia.” In view of the US herbal supplements market worth USD 9.6 billion, Greenyn is honored to lead Taiwan’s biotech industry to promote A. cinnamomea in the US markets. It is foreseeable that the health benefits of A. cinnamomea to the world during covid-19 will create another pride for Taiwan.

    https://youtu.be/T1f84y2vzeY

    Media Contact
    Greenyn Biotechnology Co. Ltd.
    Phone: +886-968-199-656
    Contact: Nick Chen
    Email: info@greenyn.com.tw
    Website: http://en.greenynbio.com/index.php

  • 6/49 Super Lotto Result Today, May 20, 2021 Thursday from PCSO

    6/49 Super Lotto Result Today, May 20, 2021 Thursday from PCSO

    METRO MANILA – The Philippine Charity Sweepstakes Office (PSCO) is releasing the official 6/49 Super Lotto Result at 9PM today, Thursday, May 20, 2021. Check your tickets now.

    6/49 Super Lotto is one of the most popular jackpot-bearing lottery games in the Philippines. It is drawn every Tuesday, Thursday, and Sunday, with an initial jackpot prize of 20.8 million.




    6/49 Super Lotto Result Today, May 20, 2021:
    [ 35-22-04-38-46-34 ]

    (View latest and past 6/49 Super Lotto results here)

    Jackpot can be won if you get the six winning numbers in any order. Please refresh this page after the 9PM draw for the latest result.

    How To Play 6/49 Super Lotto:

    Mark the selected six numbers from 1 to 49 on a playslip using blue or black ink or a pencil. Or you may play for a Lucky Pick (LP) if you want to have your selections picked randomly. You may play up to 6 advance draws by simply marking the preferred number of draws in the DRAW panel.

    SuperLotto 6/49 ticket costs 20.00 per standard play.




    Other Results: 2D | 3D | 6/58 | 6/55 | 6/49 | 6/45 | 6/42 | STL

    You may increase your chances of winning by playing the SYSTEM. You may opt to play Roll 5, Sys 7 up to Sys 12.

    To win a prize, you need to match at least three winning numbers. The more numbers you match, the greater your prize. For matching six numbers you win the JACKPOT amount.

    https://youtu.be/S5v9s6wdR3Y

    In the event that there are no winners for the jackpot, the jackpot prize pool is carried forward to the next draw. Thus, the jackpot can get bigger. In case of multiple winners, jackpot prize will be divided equally.

    To know if have you won, watched the live Lotto draw broadcasted over PTV4 and streamed over pcso.gov.ph, PCSO Games Hub and Philippine Charity Sweepstakes Office Official Facebook page and PCSO Official YouTube Channel at 9:00PM.

    Reminders from PCSO:

    You must be at least 18 years old to buy 6/49 Super Lotto Tickets or claim your winnings. The 20.00 play amount is inclusive of 20% Documentary Stamp Tax (DST)

    Players have the sole responsibility for checking the accuracy of the data printed on your ticket(s) including bet type, bet amount, the draw date you want to enter and the numbers you want to play.

    Please ensure that you check your numbers at the official PCSO website. BusinessNews.ph cannot be held responsible for any misprints, typos, or inaccuracies that lead to any financial loss or failure to claim winnings.

  • 6/42 Lotto Result Today May 20, 2021, Thursday from PCSO

    6/42 Lotto Result Today May 20, 2021, Thursday from PCSO

    METRO MANILA – Looking for the official 6/42 Lotto Result? Here is the official 6/42 Lotto Result Today, Thursday, May 20, 2021, based on the official draw of the Philippine Charity Sweepstakes Office (PCSO). Please refresh this page after the 9PM draw to view tonight’s winning combination.

    6/42 Lotto is one of the most popular 6-digit game in the Philippines. It is the country’s first national lottery game where players get the chance to win at least P5,940,000 (initial jackpot prize). The jackpot prize keeps on growing based on nationwide sales until there is a jackpot winner.




    6/42 Lotto Result Today, May 20, 2021 (PCSO)
    [ 09-15-28-36-02-42 ]

    (View latest and past 6/42 Lotto Results here)

    Please refresh this page after the 9PM draw to view the latest result. Congratulations!

    How to Play 6/42 Lotto:

    • Each Lotto 6/42 ticket costs 20.00. You may select your own 6-number combination from 1 to 42 on each board or play Lucky Pick (LP) and let the computer choose your numbers.
    • To play with the same selected numbers for more than one draw, mark your preferred number of draws you want to play in DRAW panel.
    • SYSTEM play is also available for this game. Simply select the 5R, SYS 7 up to SYS 12 option in your playslip to play your preferred System game and pay the corresponding amount.

    https://youtu.be/BMOXHOXs4_c

    Live draws are broadcasted over PTV4 and livestreamed over pcso.gov.ph, PCSO Games Hub and Philippine Charity Sweepstakes Office Official Facebook page and PCSO Official YouTube Channel at 9:00PM every TUESDAY, THURSDAY and SATURDAY where the six (6) balls numbered 1 – 42 are selected.

    If the selected 6-number combination in your ticket matches the officially drawn 6-winning number combination you win the jackpot prize. However, if more than one player picks the same winning 6-number combination, the jackpot will be divided equally among the jackpot winners.

    Consolation or low tier prizes are also available for anyone who matched 5 out of 6 down to 3 out of 6 numbers.




    Reminders from PCSO:

      • You must be at least 18 years old to buy UltraLotto 6/42 Tickets or claim your winnings.
      • The 20.00 play amount is inclusive of 20% Documentary Stamp Tax (DST)
      • Players have the sole responsibility for checking the accuracy of the data printed on your ticket(s) including bet type, bet amount, the draw date you want to enter and the numbers you want to play.

    Please ensure that you check your numbers at the official PCSO website. BusinessNews.ph cannot be held responsible for any misprints, typos or inaccuracies that lead to any financial loss or failure to claim winnings.

  • 2D Lotto Result Today May 20, 2021 Thursday from official PCSO Draws

    2D Lotto Result Today May 20, 2021 Thursday from official PCSO Draws

    METRO MANILA – The Philippine Charity Sweepstakes Office (PCSO) is drawing the official 2D Lotto Result Today May 20, 2021, for 2PM, 5PM, and 9PM draws. Check your tickets here to find out if you won!

    2D Lotto is also known as Ez2 Lotto. It is one of the most popular digit games in the Philippines. The PCSO conducts live draws via social media for this game at 2PM, 5PM, and 9PM every day.




    2D Lotto Result Today May 20, 2021:
    2PM: 10-31
    5PM:     13-10
    9PM:     15-31

    (View latest 2D Lotto Results here)

    Congratulations for winning today’s lucky combinations! For P10,001.00 and up, excluding the Jackpot Prize, prizes can be claimed in PCSO Branch Offices in your area or at the PCSO Head Office.

    For P24 up to P10,000, prizes can be claimed at the Lotto outlet where you bought your ticket or at the PCSO Branch Offices in your are in.

    https://youtu.be/S5v9s6wdR3Y

    Other Results: 2D | 3D | 6/58 | 6/55 | 6/49 | 6/45 | 6/42 | STL




    How to Play 2D Lotto:

    Using the 2D Lotto playslip, select a set of two (2) numbers from a field of 1 to 3. You may also play the Lucky Pick (LP) if you do not have any number in mind. After marking your chosen numbers, mark the amount that you’re going to play for each combination. Play amount varies from PhP12.00 to PhP600.00 inclusive of 20% Documentary Stamp Tax (DST).

    You can also mark “Rambolito” if you want to play the 2D Lotto System bet. The minimum play amount is 12.00 per 2-number combination.

    In playing via Advance Draws, mark how many consecutive draws you want to play in the DRAW panel. You can play the same numbers and play type for six (6) consecutive draws.

    Pay 12.00 for each play per draw.

    You win 4,000.00 for every 12.00 play, if your selected 2-number combination match the winning 2-number combination in exact order. If you have selected the winning 2-number combination and have chosen the “Rambolito” game, you win 2,000.00 for every 12.00 play.

    Reminders from PCSO:

    • You must be 18 years old or older to buy 2D Lotto Tickets or claim your 2D Lotto winnings.
    • The 12.00 play amount is inclusive of 20% Documentary Stamp Tax (DST)
    • Players have the sole responsibility for checking the accuracy of the data printed on your ticket(s) including bet type, bet amount, the draw date you want to enter and the numbers you want to play.

    Please ensure that you check your numbers at the official PCSO website. BusinessNews.ph cannot be held responsible for any misprints, typos or inaccuracies that lead to any financial loss or failure to claim winnings.

  • The Impact of Cryptocurrency Adoption on Government

    The Impact of Cryptocurrency Adoption on Government

    Cryptocurrency use is growing exponentially, and governments may want to consider the benefits. Why are blockchain and cryptocurrency so popular right now? Why have business whales and finance execs invested large cash reserves into cryptocurrency? They hope to benefit from this colossal opportunity. Visual Capitalist, in an April 2021 article, remarks that Bitcoin, compared to other tech companies, is the fastest asset to reach a $1 Trillion market cap.

    In March of 2020, Bitcoin’s price was coming in at around $3K. As of May 11, 2021, Bitcoin was $56,551.44. Per coin. And Bitcoin is only one of over 4,000 cryptocurrencies according to Investopedia in a January 2021 article. This growing trend presents a new challenge for governments.

    Cryptocurrency sits on top of a technology called blockchain. Blockchain is a database network that supports the transfer of value in a digital format. It is an independent system not owned by any institution, individual, bank, or entity, (read, government). As more cash moves into this crypto arena, governments will lose visibility and control of their national currency. How will that affect them?

    The Government Blockchain Association, (GBA)?s Tax Working Group has written a Whitepaper entitled, ‘The Impact of Cryptocurrency Adoption on Government’. This 138-page document is the result of a full year’s worth of research and analysis, done by a team of authors with expertise in tax risk analysis, data, research analytics, cryptocurrency, digital assets, business, and blockchain. This report was not financed by any major corporation or interest group. The authors were all volunteers and were not influenced by a sponsor?s desired outcome. This paper was written to find an answer to a question.

    How will this monumental transfer of fiat money into cryptocurrency affect governments and their citizens? Be assured, it will affect them, and the governments that understand this change can better prepare for what is coming.

    The Impact of Cryptocurrency Adoption on Government whitepaper is available for download purchase.

    About The Government Blockchain Association GBA

    The Government Blockchain Association GBA is a non-profit business association with chapters in 120 cities around the world and over 50 Working Groups, where the public and private sectors can connect, communicate, and collaborate.

    Source: Plato Data Intelligence.

  • Blockchain Ireland 2021: Blockleaders’ founder Jillian Godsil to speak on ‘Why Blockchain needs Women’

    Blockchain Ireland 2021: Blockleaders’ founder Jillian Godsil to speak on ‘Why Blockchain needs Women’

    Now in its third year, Blockchain Ireland is hosting a week-long series of digital events to celebrate and educate the Irish audience on Blockchain, a truly transformational technology. This year the theme is: Blockchain: Foundation of Trust. Blockchain is most often recognised as the technology that underpins Bitcoin and other cryptocurrencies.

    Jillian Godsil, co-founder and editor in chief of Blockleaders says: “I frequently speak on a global basis on why Blockchain needs Women and I am delighted to address this issue on home soil. While blockchain and cryptocurrency are one of the most dynamic and exciting industries today, there is sadly a huge dearth of women represented in this sector. Blockchain is too important to be left to men alone.”

    The Blockchain Ireland week runs from May 24 until May 27 and will offer digital events across the country covering social impact and public services, sustainability, start-ups and innovation, enterprise, developers and more. There is an impressive array of some X Speakers drawn from the World Economic Forum, the European Commission, Irish government, industry, academia, entrepreneurs, and the indigenous technology sector.

    The line of up international speakers from Africa, Asia, Australia, and the United States will join speakers from Ireland to speak on use cases and experiences from craft brewing and bloodstock sales, to green energy and agri-food traceability.

    The event is organised by Blockchain Ireland which is a non-profit organisation of state agencies, corporates, academics, and industry professionals, is working to share insights and expertise and to promote blockchain technology in Ireland.

    For more information, please visit:
    Event Link: www.blockchainireland.ie/blockchain-ireland-week-2021/
    https://www.linkedin.com/company/35460107/
    https://twitter.com/blockchain_irl

    Source: Plato Data Intelligence

  • Ireland GBA Chapter Established

    Ireland GBA Chapter Established

    The Government Blockchain Association (GBA) is pleased to announce a new Ireland Chapter headed by Jillian Godsil (Chair) and Lisa Gibbons (Deputy Chapter Leader).

    Gerard Dache, executive director of GBA globally, welcomed the news: “Jillian has been a supporter of GBA for more than two years and we welcome her formal appointment as chapter lead with the support of Lisa Gibbons. Ireland is well known internationally as a hub for technology and it is great to see an active GBA chapter in-country.”

    Jillian is an award-winning journalist, broadcaster and author. She chairs and speaks at Blockchain conferences internationally and is frequently listed in the top people of Blockchain globally. She changed the law in Ireland to allow bankrupts to run for public service in 2014 and ran in the European Parliamentary Elections in the same year, earning 11,500 a year in votes: not enough to get elected but enough to make a difference.

    Lisa has more than 12 years’ experience in the marketing space. Lisa currently offers her expertise to niche businesses focused on technology, eCommerce and start-ups and manages all European partnerships for Spendabit.co. Previously she managed ecommerce for CaminoWays.com, managed the Canadian market for Taxback.com and developed business and sports tourism for Campus Life Services at the University of Limerick.

    Both Jillian and Lisa will take the lead in establishing meaningful engagement for individuals and organizations (government, private, and non-profit) who are interested in developing and implementing blockchain technology within Ireland.

    The GBA is an international non-profit professional association with members located in 75+ countries. GBA’s focus is on cultivating professional workflows between technologists, public policymakers, application specialists, and those who want to learn about new and emerging digital currencies. Furthermore, GBA acts as a catalyst in creating a public dialogue around the creative, profitable, and positive use of blockchain technology at the intersection of government, finance, and the law.

    Membership is available to government employees along with student organizations, private sector professionals, and corporations. Membership fees are waived for government employees. https://www.gbaglobal.org/membership

    Source: Plato Data Intelligence

  • Hermitage Capital appoints Henry Zhang, former JPM investment banker as President and Managing Partner

    Hermitage Capital appoints Henry Zhang, former JPM investment banker as President and Managing Partner

    On May 18, Hermitage Capital announced that former J.P. Morgan investment banker Henry Zhang will be joining as the firm’s President and Managing Partner.

    Mr. Sean Xiang, Founder of Hermitage Capital and Mr. Henry Zhang, President of Hermitage Capital

    Henry Zhang has over a decade of investment banking experience and held various senior positions at bulge bracket investment banks including Executive Director of Investment Banking Division at J.P. Morgan, responsible for investment banking in China’s transportation, logistics and enterprise technology sectors; Vice President and Operating Officer of China Investment Banking at Morgan Stanley; and Associate Director of Asia-Pacific Investment Banking Department at UBS. He has successfully led and participated in over 60 transactions with aggregate transaction value of over USD60 billion. Some of his landmark transactions include Meituan Dianping’s USD4.2 billion Hong Kong IPO (the world’s largest community e-commerce IPO ever), ZTO Express’s USD1.4 billion U.S. IPO (the biggest U.S. IPO in 2016), and BOC Aviation’s USD1.1 billion Hong Kong IPO (the world’s biggest leasing IPO ever), and the RMB43.3 billion backdoor listing of S.F. Holding.

    Moreover, Henry Zhang has led many landmark cross-border M&As in China and played a key role in the important negotiations. Some of the selected transactions include the acquisition of 49% stake of 10 global ports under the CMA CGM on behalf of China Merchants Port, the acquisition of 51.8% stake of Kerry Logistics on behalf of S.F. Holding, the acquisition of Toulouse Airport in France on behalf of Shandong Expressway and FPI, the sale of Istanbul Kumport (Turkey’s third largest port) to a Chinese consortium comprised of China Merchants Group, COSCO and China Investment Corporation, the sale of a minority stake in Autostrade per l’Italia (Italy’s largest expressway operator) to Silk Road Fund.

    Sean Xiang, Founder, Chairman and CEO of Hermitage Capital stated, “Henry Zhang has over a decade of experience in China and global capital markets. We believe that with his unique industry insights and outstanding deal sourcing capability, he will play a key role in developing Hermitage Capital into a leading private equity fund in Asia. I am very much looking forward to working with Mr. Zhang closely to continue investing in the leading enterprises in China’s New Economy sectors, and to create excellent returns for our LPs.”

    Henry Zhang said: “Since its establishment in 2017, Hermitage Capital has become one of the fastest-growing private equity firms in Asia. The partners at Hermitage Capital all came from top-tier global financial institutions. I am thrilled to join this platform and looking forward to working with the best talent in the industry. ”

    About Hermitage Capital
    Established in 2017, Hermitage Capital focuses on investing in the leading enterprises in China’s New Economy sectors and has become one of the fastest-growing investment groups in Asia. It is headquartered in Hong Kong with an office in Shanghai. It has invested in 20 well-known private equity deals and the assets under management have exceeded USD1 billion. Four of its portfolio companies, namely Tencent Music (TME.US), Lufax (LU.US), 360 DigiTech (QFIN.US) and PINGAN OneConnect (OCFT.US) have been listed in the U.S. In addition it expects to have another five portfolio companies, including Ximalaya Inc. and WeDoctor Group, to be listed in Hong Kong or the U.S. by the end of 2021. Some of its other portfolio companies include Airwallex, Sensetime, Horizon Robotics, Medlinker, Ping An HealthKonnect, Haodf.com and VoxelCloud.