Media OutReach
XTransfer’s CSO Joins Roundtable Discussion in Rwanda
Aims to Empower African Foreign Trade SMEs
KIGALI, RWANDA – Media OutReach Newswire – 26 March 2026 – XTransfer, world’s leading B2B cross-border financial platform, was honoured to have its Chief Strategy Officer, Neil Ni, participate in the Remittances Roundtable: Policy and Partnerships Shaping the Next Generation of Cross-Border Flows at the Inclusive FinTech Forum 2026 in Rwanda, underscoring the company’s commitment to advancing faster, cheaper, and more transparent cross-border flows across Africa, especially for SMEs engaged in international trade.
During the session, Neil joined a roundtable featuring Bernard Rwisumbura Nsengiyumva of the National Bank of Rwanda, Dr Francis Lwanga of Zambia Electronic Clearing House Limited, Owureku Asare of the Bank of Ghana, Mike Truter of Swift, and other distinguished guests, moderated by Luca Antonio Ricci of the International Monetary Fund. The panellists explored what will practically move remittances and cross-border flows forward in 2026–2027, including interoperability, corridor liquidity and FX constraints, and proportionate compliance.
One theme that resonated strongly is that policy is starting to catch up with market needs. A timely example is the new cross-border payment access initiative by the central banks of Kenya and Rwanda (announced 11 March 2026), which introduces mutual recognition and a “fast-track” pathway for licensed payment providers operating between the two countries. Neil noted that reducing duplicative licensing steps, aligning core compliance expectations, and improving supervisory coordination can shorten expansion timelines, lower administrative costs, and ultimately support more reliable and affordable cross-border payments.
“As we look to the next phase of growth, what matters is not only innovation in rails, but alignment in rules and execution,” Neil said. “Interoperability, proportionate compliance, and corridor liquidity are levers that can make cross-border flows meaningfully faster, cheaper, and more transparent without compromising trust.”
Drawing on XTransfer’s experience supporting SMEs in global trade, Neil shared that a practical roadmap includes building on interoperable infrastructure, implementing robust and scalable compliance, and partnering with regulators and local ecosystems to strengthen transparency and unlock corridor liquidity. He added that this is a key reason XTransfer is building X-Net, the industry’s first Unified Global B2B Trade Settlement Network and Risk Control Platform, to connect ecosystem partners and support safer, more standardised information flows for cross-border trade and payments.
Hashtag: #XTransfer #Crossborder #Payment #SMEs #Africa
https://www.xtransfer.com
https://www.linkedin.com/company/xtransfer.cn
https://x.com/xtransferglobal
https://www.facebook.com/XTransferGlobal/
https://www.instagram.com/xtransfer.global
The issuer is solely responsible for the content of this announcement.
About XTransfer
XTransfer, world’s leading B2B Cross-Border Trade Payment Platform, is dedicated to providing small and medium-sized enterprises (SMEs) with secure, compliant, fast, convenient and low-cost foreign trade payment and fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, and Nigeria. XTransfer has obtained local payment licenses in the Chinese Mainland, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 800,000 enterprise clients worldwide.
By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centred on SMEs. XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.
XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The company has a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.
For more information, please visit:
https://www.xtransfer.com
Media OutReach
Bassoon & Baton — French May Arts Festival 2026
City Chamber Orchestra of Hong Kong
HONG KONG SAR – Media OutReach Newswire – 27 March 2026 – On 21 April 2026 at Hong Kong City Hall Concert Hall, 8:00pm, the City Chamber Orchestra of Hong Kong (CCOHK) presents Bassoon & Baton, a rare showcase of the bassoon’s lyrical voice and virtuosic brilliance. Held as part of the French May Arts Festival 2026, the programme features the Hong Kong debut of Sophie Dervaux, the internationally acclaimed French bassoonist and principal bassoonist of the Vienna Philharmonic Orchestra. She performs bassoon concertos by Vivaldi, Mozart and Hummel and takes up the baton to conduct orchestral works by French composers Lully, Guy Ropartz and Gossec, thereby highlighting her dual artistry as both soloist and conductor.
City Chamber Orchestra of Hong Kong
Bassoon & Baton — French May Arts Festival 2026
Sophie Dervaux bassoon/guest conductor
21 APR 2026 (Tue)
Hong Kong City Hall Concert Hall, 8:00pm
PROGRAMME
Lully I Marche pour la Cérémonie des Turcs, LWV43
VivaldiI Concerto for Bassoon in G major, RV493
Guy Ropartz I Serenade for Strings
Mozart I Concerto for Bassoon in B-flat major, K.191
GossecI Symphony in C minor Op. 6 No. 3, RH24
Hummel I Grand Concerto in F major, S.63, WoO.23
Sophie Dervaux will also contribute to community activities in Hong Kong by holding two Bassoon masterclasses open to the public. On 18 April 2026, 10:30am–1:00pm, at Sing Music Academy, Room 901, On Lok Yuen Building 25-27A Des Voeux Road, Central, Hong Kong, and on 19 April 2026, 2:30pm–5:00pm, at CR2, 7/F Hong Kong Cultural Centre Concert Hall Backstage.
Sophie Dervaux’s outstanding career as a solo bassoonist, orchestral musician, conductor and recording artist includes her engagements with the Vienna Philharmonic Orchestra (since 2015), the Vienna State Opera Orchestra and the Berlin Philharmonic Orchestra. She is a prize-winner of the prestigious ARD International Music Competition Munich (2013) and the Beethoven Ring Bonn (2014). Born in France, Sophie Dervaux studied at the Music Conservatory of Versailles, the Conservatoire de Paris in Lyon, the Hanns Eisler Academy of Music in Berlin and at the Karajan Academy. She has performed at the Philharmonie de Paris, Berlin Philharmonie, Suntory Hall Tokyo, New York’s Carnegie Hall and the Royal Albert Hall in London. Her solo engagements include the Konzerthausorchester Berlin, the Bavarian Radio Orchestra and the Vienna Philharmonic Orchestra. On CD she has collaborated with Daniel Barenboim and Emmanuel Pahud. In 2021 she received the German Record Critics’ Award for her debut solo album on the Berlin Classics label. She is currently working on a project to record all 39 of Vivaldi’s bassoon concertos with La Folia Barockorchester. In addition to performing, Sophie Dervaux works internationally as a guest conductor and has appeared with the Mozarteumorchester Salzburg, the Vienna Chamber Orchestra, the Ensemble Kanazawa, the Prague Philharmonic Orchestra and the KBS Symphony Orchestra in Seoul. She teaches bassoon at the Music and Arts University of The City of Vienna and plays on a Püchner bassoon.
Tickets priced at $450, $300 and $220 (with50% off for full-time students, senior citizens, Comprehensive Social Security Assistance (CSSA) recipients, people with disabilities and their accompanying minder), are available from all URBTIX outlets. For internet booking, visit www.urbtix.hk; for programme or other enquiries, call 2864 2156 or email in**@***hk.com.
BASSOON MASTERCLASS by SOPHIE DERVAUX
18 Apr (Sat) 10:30am-1:00pm, Sing Music Academy, Room 901, On Lok Yuen Building, 25-27A Des Voeux Road, Central, Hong Kong
19 Apr (Sun) 2:30pm-5:00pm, CR2, 7/F Hong Kong Cultural Centre Concert Hall Backstage
The masterclasses are open to observers at $100 per person.
Register Now (in**@***hk.com/2864 2156)
PHOTOS Link to: Sophie Dervaux
MEDIA ENQUIRIES (including artist interviews/photos): in**@***hk.com/2864 2154
WEBSITE:www.ccohk.com
Hashtag: #CityChamberOrchestraofHongKong #Bassoon&Baton
The issuer is solely responsible for the content of this announcement.
City Chamber Orchestra of Hong Kong
City Chamber Orchestra of Hong Kong (CCOHK) holds a unique position as one of Asia’s leading chamber orchestras. Founded by oboist Leanne Nicholls in 1999, CCOHK has performed with many of the world’s most celebrated artists and composers including Sir James Galway, Dame Evelyn Glennie, Dame Emma Kirkby, Sir Thomas Allen, Sir Neville Marriner, Michala Petri, Christian Lindberg, Sarah Chang, Julian Lloyd Webber, Barry Douglas, Edgar Meyer, Branford Marsalis, Sir Karl Jenkins, Ney Rosauro, Richard Galliano and Alma Deutscher. The orchestra has also collaborated with celebrities including Dame Edna Everage, Hayley Westenra, Richard Clayderman, Robin Gibb and Canto-pop stars Sandy Lam, Hacken Lee, Hins Cheung, Ivana Wong and Jacky Cheung. Additional highlights include concerts with the Vienna Boys’ Choir, the Warsaw Boys’ Choir, The American Boychoir, the Swedish Voices Chamber Choir, the King’s Singers and The Swingle Singers. CCOHK’s progressive programming has been internationally recognized with tour invitations to festivals in London, L’Aquila, Taipei, Beijing, Chengdu and Shanghai. At home CCOHK has performed for French May Arts Festival, Hong Kong Ballet, RTHK’s televised Christmas Concerts in the Park, the 2017 World Harp Congress, The Hong Kong Composers’ Guild and The Hong Kong International Piano Competition. Cinema and anime performances include Howard Blake’s The Snowman & The Bear, the Harry Potter series, Final Fantasy, Attack on Titan and One Piece Music Symphony. CCOHK is also a keen supporter of contemporary music and has commissioned works by Mao Yuan, Samson Young, Joyce Tang, Dobrinka Tabakova and Richard Harvey. The orchestra’s CDs include world premiere recordings on the NAXOS, Orchid Classics and OUR Recordings labels with Michala Petri, Dame Evelyn Glennie and bandoneón/piano duo Binelli-Ferman. CCOHK’s passion for building young audiences for music has inspired the creation of several award-winning productions and musicals. Credits include Magnificent Mozart, The Star Bach, The Bonn Man, Haydn & The Prince, Bug Symphony (winner of the Public Choice Award at the YAMawards in Portugal 2017), WILD (The Musical) (winner of the Public Choice Award at the YAMawards in Belgium 2022) and Shark Symphony. In 2023 CCOHK garnered five-star reviews for the London premiere of WILD (The Musical), and in the same year was voted into RTHK Radio 4’s Top Ten Music Headlines. Armenian French piano virtuoso Vahan Mardirossian serves as chief conductor (since 2019), succeeding French conductor Jean Thorel (2008 to 2016). CCOHK is currently a Venue Partner of Tsuen Wan Town Hall (since 2026) and the recipient of HKADC’s Eminent Arts Group Scheme (since 2024).
Media OutReach
Innomotics is market leader for turbine replacement technology
- Innomotics wins several orders to provide motor and drive technology for turbine replacement projects, totaling a volume in the higher double-digit million EUR range
- Environmental, operational and financial benefits for many industries and industrial applications
- Geographic diversity underlines market potential
NUREMBERG, GERMANY – Newsaktuell – 26 March 2026 – Innomotics, a globally leading supplier of electric motor and large drive systems, has won several major orders for turbine replacement projects on nearly every continent. The total volume for all orders is in the higher double-digit million EUR range.
With increased electrification of industrial applications, significant operational cost efficiency and CO₂ reduction can be gained by changing existing turbines with an electric drive system, the so-called Turbine Replacement Technology. This can be used for high-speed pump applications (centrifugal pumps) as well as for high-power compressor systems in refineries, petrochemicals, or oil and gas.
Especially the need for supplying large-scale turbine driven boiler feed pump applications in power plants with high voltage motors becomes increasingly important, as it significantly saves energy consumption, CO₂ and operational costs.
The transition to electric drive technology for rotating equipment is an important part of the overall plant electrification and decarbonization pathway, reducing the use of costly and environmentally harmful carbon fuels.
By sourcing the power from a renewable source such as wind, solar or hydro, CO₂ emissions can be practically eliminated. This is especially relevant for energy-intensive industries and industrial applications. Beyond ecological aspects, the use of high-speed motor systems offers significant benefits to customers, such as increasing efficiency, reducing operational costs and maintenance requirements as well as easy construction and start-up.
“Replacing existing gas and steam turbines with electrical motor and drive systems is a complex task. Thanks to our highly motivated and skilled team, Innomotics is thought leader and pace setter for turbine replacement technology for more than 25 years now and with more than 70 Turbine Replacement projects globally realized. Our outstanding portfolio sets standards: The reliability and availability of our advanced High-speed High Voltage Motor system technology is unrivaled in the field, due to our unique rotor design. Additionally, our Medium Voltage Drive technology includes extended redundancy measures such as cell by-pass systems for maximum uptime”, says Michael Reichle, CEO of Innomotics.
Operators of turbine-driven systems currently face high operational costs, which can be significantly reduced or even eliminated through turbine replacement technology. For example, in a project with Repsol in Spain, Innomotics helped avoid 68,000 tons of CO₂ emissions per year and reduce energy consumption by around 25 percent.
Recently awarded Turbine Replacement Projects
Electric Drive Upgrade for INA Refinery in Croatia:
INA is modernizing its refinery in Rijeka to improve efficiency and reduce emissions. As part of this transformation, steam turbines used to operate compressors are being replaced with electric drive systems. This reduces reliance on fossil fuels, lowers maintenance requirements, and increases overall energy efficiency.
To implement this upgrade within an operating refinery, INA partnered with Innomotics and Siemens Energy. The project includes four electric drive train systems, combining HV and HS-Modyn motors ranging from 1.8 MW to 6 MW with Innomotics Perfect Harmony GH180 variable frequency drives.
The solution ensures high reliability through redundant system design and enables fast installation on existing foundations with minimal construction effort. As a result, INA reduced significantly CO₂ emissions by 96,000 tons, reduced operating costs, total high-pressure steam production reduced by around 25%, and improved availability.
Turbine Replacement Technology for Repsol Industrial Complex in Spain:
Repsol has electrified a gas compressor at its Puertollano Industrial Complex by replacing a steam turbine with an electric motor solution from Innomotics. This upgrade improves energy efficiency by 25 percent and reduces CO₂ emissions by approximately 68,000 tons per year. The solution includes a High Voltage Motor combined with a Perfect Harmony GH180 Medium Voltage Drive, delivering 8.25 MW at 5,800 rpm. Designed for high reliability and continuous operation, the system enables maintenance intervals of up to five years. With this electrification project, Repsol strengthens its commitment to achieving net zero emissions by 2050 while significantly improving operational efficiency and system availability.
Turbine Replacement Technology for Chemicals Park in the Netherlands:
The owner and operator of a chemicals park in the Netherlands aims to accelerate the energy transition of the Dutch chemical industry. One of their three major goals is to achieve net zero emissions within ten years. Therefore, Innomotics was awarded for a turbine replacement project in a propylene plant. The order amounts a considerable value for Innomotics and includes a 25MW as well as an 8.6MW high-speed induction motor together with two Innomotics Medium Voltage GH150 drives. The order also includes comprehensive services.
Turbine Replacement Technology for Power Plants in Republic of Korea:
A Korean energy producer and provider awarded Innomotics an order to replace the previous turbine technology with a 12.5MW electric Innomotics High-speed High Voltage Motor and Medium Voltage Drives. With that replacement the company benefits from higher energy efficiency of at least 20 percent and the associated energy savings as well as reduced CO₂ emissions. The Innomotics solution therefore contributes directly to the customer’s net zero carbon strategy. The parallel operation of three Medium Voltage Drives ensures a particularly uninterrupted and stable power supply.
Turbine Replacement for a propane dehydrogenation (PDH) plant in Spain:
At the top of its agenda, a German chemicals and plastics giant, has placed the motto: “Net Zero Emissions by 2050”. One measure the company takes accordingly is replacing steam production at co-generation plants with heat pumps and e-driven compressors. Therefore, the Spanish site, has started a turbine replacement project in their propylene production at a propane dehydrogenation (PDH) plant. The order for Innomotics amounts to a double digit million Euros and includes a 23.3MW High-speed High Voltage induction motor, together with a Medium Voltage Drives and a converter transformer.
Turbine Replacement for Indian natural gas company:
Furthermore, Innomotics has won a pilot order to replace one out of eight installed gas turbines for a state-owned energy corporation in the state of Madhya Pradesh (India). This order creates a new benchmark in the gas turbine replacement market to the extent that the proposed solution will consist of an Innomotics High Voltage HV-M Motor, together with a gearbox and an Innomotics Medium Voltage Drive instead of a High-speed High Voltage Motor system.
Additional Turbine Replacement materials:
Whitepaper on Turbine Replacement
Expert Video concerning Turbine Replacement
Operational savings calculator, reference projects and success stories
Podcast episode on Spotify
Explore the 3D visualization in our virtual world: Innomotics Electrosphere
For more information, visit https://www.innomotics.com/hub/en/applications/turbine-replacement
Follow us on LinkedIn: www.linkedin.com/company/innomotics
For more information, visit www.innomotics.com.
Hashtag: #Innomotics
The issuer is solely responsible for the content of this announcement.
Media OutReach
Bridging the Digital Divide: 5G Drives Rural Revitalization in Guangxi, China
Chongzuo is characterized by impressive karst landforms with peak clusters and peak forests. This breathtaking terrain presents huge challenges for communications network buildout. To overcome these geographic barriers, China Mobile and Huawei have collaborated on technological innovations in a bid to achieve comprehensive network coverage. Today, all administrative villages in Chongzuo have access to 5G networks, while 99% of its natural villages have 4G coverage and 94% have 5G coverage.
Buhua Village is within the jurisdiction of Chongzuo City. The village upgraded its networks from 4G to 5G as early as 2021, offering residents digital services on par with those seen in major cities. The deployment of advanced communications networks has catalyzed the growth of Buhua’s distinctive local industries.
In Xinhe Town, where the village is situated, a digital e-commerce ecosystem has been established, featuring 65 product stores on platforms like JD.com and Douyin, which are collectively owned by the village. Furthermore, a live-streaming incubation base has been established, nurturing 27 local live streamers. These stores secure over CNY300,000 in revenue each year by selling local specialties like Buhua brown sugar. This is a handcrafted product that is recognized as intangible cultural heritage, with a 150% price premium over normal brown sugar. It is sold to tier-1 cities in China, like Beijing, Shanghai, and Guangzhou, and is even exported overseas, including to Japan and South Korea.
Digital technology is also driving the upgrade of the local tourism industry. China Mobile has established an intelligent ticketing system at the Heishui River, which is Buhua Village’s most popular scenic spot where activities like rafting, boat tours, and paddleboarding are available for tourists. This system has reduced the average time for tourists to purchase tickets from 20 minutes to just 3 minutes, with online purchases now accounting for 30% of the total. Accommodation can also be booked through the system, which has increased the booking rate of local homestays by 30%.
Digitalization has further expanded to the ecological protection field. A safety monitoring and IT system project for modern irrigation engineering along the Heishui River has been launched, with investment totaling CNY100 million. Supported by the Bianjiang Zhizhou open AI platform, the digital monitoring system is set to cover 13 towns across four counties/districts in Chongzuo. Once up and running, it will enable the integrated, real-time monitoring of water quality and other ecological parameters of the Heishui River, and intelligently issue early warnings to guarantee safe water irrigation across 60,000 hectares of farmland in the river basin.
Digitalization has helped Buhua Village make the jump from poverty to prosperity. In 2025, the village’s annual collective economic income (generated from assets, land, or enterprises owned by the village community rather than individuals) exceeded CNY500,000. The average income of every household reached over CNY80,000, three times the average income from traditional sugarcane farming. The annual per capita income of villagers increased by CNY18,000. As a result, an increasing number of young people have chosen to return to the village and develop their careers.
Zhou Peng, General Manager of China Mobile Guangxi’s Chongzuo Branch, said, “By bridging the digital divide, we are helping remote villages like Buhua develop digital trade alongside traditional agriculture. This is transforming resources that were not fully used in the past due to geographical limitations into strong momentum for economic growth in the digital age.”
Tian Yongsheng, Deputy General Manager of Huawei Guangxi, noted, “Huawei is supporting China Mobile in building a solid digital foundation for Chongzuo with innovative solutions. We look forward to seeing technology overcome geographical limitations and enable more remote villages to achieve leapfrog development in the 5G and AI era.”
Hashtag: #Huawei
The issuer is solely responsible for the content of this announcement.
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