Otis China opened on July 29 its new escalator factory in Zhejiang, which meets Industry 4.0 standards. The opening of the Otis escalator manufacturing base is another major investment for Otis to continuously expand and develop in the Chinese market in the past 36 years.
The new manufacturing facility that meets Industrial 4.0 standards will integrate intelligent solutions of the entire industry chain in the production link, so that Otis will bring more high quality experiences to customers and passengers.
Relocated from South China to East China near Shanghai, the new manufacturing base follows Otis’ global quality standards and the latest digital technologies such as 3D modelling, custom engineering and real-time quality management that enhance product quality and operational efficiency.
“Otis escalators and moving walkways help define how people experience urban spaces and have been crucial to China’s ongoing urbanization. Otis will continue to develop intelligent solutions that support customers to enhance passenger experience and maximize their return on investment.” said Chen Kang, president of Otis Elevator (China) Co., Ltd.
EY announced on July 29 that nominations for the 15th EY Entrepreneur Of The Year China (“EOY China”) Awards were open.
The theme of the EOY China Awards program this year “Know Your Challenge. Go Far and Beyond” particularly focuses on recognizing outstanding Chinese entrepreneurs who aspire to upgrade their skills, relentlessly improve themselves and innovate, and play a key role in society and shoulder social responsibility during the COVID-19 outbreak.
The EY Entrepreneur Of The Year (“EOY”) program is one of the world’s most prestigious business accolades for entrepreneurs as it honors those who inspire others with their outstanding vision, leadership and achievement.
The EOY China Awards program, launched in 2006, is recognized for honoring entrepreneurs in China who achieve success by combining ability with opportunity.
This year, the EOY China Awards Program mainly takes place at Shenzhen. During the webcast opening ceremony held on the same day, past winners of EOY China Awards, judges, senior executives of the platinum sponsor, Credit Suisse and EY discussed the economic impact and entrepreneurs’ response under the threat of COVID-19.
According to SAP Q2 earnings announcement, SAP resilient amid COVID-19 crisis and sharp increases in operating and free cash flow.
Strong Current Cloud Backlog of €6.65 Billion, Up 21% At Constant Currencies. Operating Cash Flow Up 41%, Free Cash Flow Up 59% in First Six Months.
More than ever, the pandemic has proven that digitalization is no longer an option but a must-have to withstand challenging times and to achieve desired business outcomes.
二季度主要新签单中国客户是：新城控股集团、大全集团、 恒顺集团、天邦食品、 建华建材集团、老娘舅、扬杰电子、 麦吉丽生物和齐心集团。
2020 Q2 new win customers in China: Seazen Holding，Daqo Group，Hengshun Group, TECH-BANK，Jianhua Construction Materials Group，Lao Niangjiu，Yangjie Technology，Mageline and Comix.
SAP CEO 柯睿安表示：“本季度再次充分印证，我们的‘智慧企业’战略已经引起了全球客户的共鸣。
“This quarter demonstrated that our Intelligent Enterprise strategy clearly resonates with customers around the world. ” said Christian Klein, SAP CEO.
“We will continue to invest in innovative offerings for our customers to drive business transformations and run complex business processes. We also aim to expand the ecosystem on our business technology platform to complement our solutions and foster growth. ”
Kodak stock soared Tuesday morning after it won a $765 million US government loan to help produce pharmaceutical ingredients .
Shares of Kodak, the onetime photography leader that now produces advanced material and chemicals, jumped 300% after the news of the loan was reported by The Wall Street Journal.
The loan is the first of its kind under the Defense Production Act, according to the Journal.