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String Metaverse Ltd (Biogreen Papers Ltd, BSE 534535) Posts Q2 FY25 Consolidated Revenue of Rs 87.8 Crores and EBITDA of Rs 7.91 Crores

String Metaverse Ltd (Biogreen Papers Ltd, BSE 534535) Posts Q2 FY25 Consolidated Revenue of Rs 87.8 Crores and EBITDA of Rs 7.91 Crores

Hyderabad (Telangana) [India], November 13: String Metaverse Limited (formerly Biogreen Papers Ltd, BSE 534535) has announced its Q2 FY25 financial results, reporting a consolidated revenue of Rs87.8 crores and an **EBITDA of Rs7.91 crores.

String Metaverse Limited (Bio Green Papers Ltd, BSE 534535) has reported impressive revenue of Rs137.82 crores and a profit after tax (PAT) of Rs12.13 crores for the first half of FY25. The PAT figure includes a one-time expense of Rs2.45 crores related to merger stamp duty and authorized capital fees. These results reflect the company’s successful pivot to cutting-edge domains such as Web3 gaming, artificial intelligence (AI), and blockchain technology.

Key Highlights:

* Revenue: Rs137.82 crores in six months.

* Profit After Tax: Rs12.13 crores (includes one-time costs).

* Global User Base: Over 2 million active users across gaming platforms.

* Attention Economy: Captured 126 billion seconds of engagement in six months (Source: Google Analytics).

Building digital communities through String Metaverse’s Ecosystem for the attention economy, which is valued at an estimated $7 trillion.

Through its UAE subsidiary, String Metaverse, the company has secured strategic licenses, including an AI license, blockchain node license, digital asset trading license, and e-sports license in RAK DAO. These licenses position String Metaverse as a formidable player in the blockchain-enabled gaming and digital commerce space.

Innovation with Project MidEarth

The company is advancing Project MidEarth, a revolutionary initiative to create an “Army of AI Agents” that integrates blockchain technology for AI monetization.

These AI agents are designed to perform roles such as:

– Managing digital assets

– Facilitating payments between agents and humans

– Providing liquidity as a service

– Enhancing digital asset security

– Driving data-driven decision-making in trading

The project aims to pioneer the AI agent economy, enabling real-time settlements and fostering trustless, truth-based systems through blockchain integration.

Future Outlook:

Santosh Althuru, CEO of String Metaverse, stated, “We are building an agent economy that will grow alongside the human economy, enabling commerce and monetization across multiple blockchains. We anticipate achieving a CAGR of 70% to 100% over the next three years, driven by innovations in AI and blockchain commerce.”

With its focus on technological advancements and strategic global partnerships, String Metaverse Limited is set to redefine the future of AI-driven commerce and blockchain gaming.

Chery PHEVs’ 1700+ KM Challenging Test Tour Global KOCs Praise the Power and Range

Chery PHEVs’ 1700+ KM Challenging Test Tour Global KOCs Praise the Power and Range

From October 14th to October 16th, Chery’s two PHEV models embarked on a 1,700+ KM journey, starting from a tour of Guangzhou’s Hua’e Lou, followed by the driving challenge at Mount Longhu, and concluding with the ecological protection experience at Poyang Lake, before arriving at Chery’s headquarters in Wuhu, China. With their impressive power, extended range, and efficient charging technologies, the vehicles garnered unanimous praise from invited KOCs.

During the driving challenge at Mount Longhu, the Tiggo 9 PHEV and Arrizo 8 PHEV became the center of attention thanks to their remarkable power performance and intelligent control systems. Faced with the winding roads of Mount Longhu, the Tiggo 9 PHEV’s 1.5T engine paired with the third-generation DHT hybrid transmission proved its prowess. The 4WD version boasted an output power of up to 450 kW and a peak torque of 915 N·m, effortlessly handling steep slopes and complex terrain, allowing drivers to experience the thrill of driving fully.

The Arrizo 8 PHEV has an advanced 1.5TGDI fifth-generation hybrid engine, a market highlight due to its ultra-low fuel consumption and high performance. The engine demonstrates outstanding energy utilization with a thermal efficiency of up to 44.5%. It also delivers a maximum power of 115 kW and a peak torque of 220 N·m, ensuring a powerful and smooth driving experience.

The intelligent control systems of both models played a crucial role in the driving challenge. The Tiggo 9 PHEV features an all-dimensional intelligent driving safety system equipped with 30 active safety configurations, including L2.9-level ADAS, highway navigation, and memory parking, offering comprehensive safety for drivers. Meanwhile, the Arrizo 8 PHEV, with its advanced intelligent control system, provides real-time vehicle monitoring and precise adjustments, allowing drivers to enjoy driving fun while feeling secure.

During the Poyang Lake ecological protection experience, the Tiggo 9 PHEV and Arrizo 8 PHEV showcased their long-range capabilities, low energy consumption, and external power supply functions. The vehicles’ range capabilities were fully displayed against Poyang Lake’s expansive waters and surrounding natural scenery. The Tiggo 9 PHEV, depending on configuration, offers an all-electric range of 100/170 km, with a total range exceeding 1,400 km. The Arrizo 8 PHEV also provides a total range of over 1,400 km when fully charged, with an all-electric range exceeding 127 km. This range capability allows drivers to enjoy the natural beauty while handling long-distance travel needs easily.

In the Poyang Lake ecological protection experience, both models’ external power supply functions were also put to good use. Whether for outdoor camping or other power-requiring scenarios, the vehicles’ external power supply functions provide stable electricity for various devices, allowing drivers to enjoy the natural surroundings with practical and convenient power solutions.

Through these immersive activities, the Tiggo 9 PHEV and Arrizo 8 PHEV once again demonstrated Chery’s leading position in PHEV technology with their excellent power performance, intelligent control systems, long-range capabilities, low energy consumption, and external power functions. Looking ahead, Chery will continue to uphold its brand values of green mobility, technological innovation, and family companionship, delivering more premium and eco-friendly automotive products to consumers.

Company: Chery Automobile Co., Ltd.

Contact Person: Chery Automobile

Email: cherybrand@mychery.com

Website: https://www.cheryinternational.com/

Country: China

City: AnHui

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Inauguration of BPL MedTech’s Second Manufacturing Facility in Bengaluru: A New Era in Medical Technology

Inauguration of BPL MedTech’s Second Manufacturing Facility in Bengaluru: A New Era in Medical Technology

In a significant move that reinforces India’s commitment to ‘Make in India’ and ‘Atmanirbhar Bharat’ in the healthcare industry, the Prime Minister of India, Narendra Modi, virtually inaugurated the second manufacturing plant of BPL Medical Technologies Pvt. Ltd. in Bengaluru on October 29th, 2024. Under the Indian government’s Production Linked Incentive (PLI) scheme aimed at boosting domestic manufacturing and reduce the country’s dependency on imports, this momentous occasion marked a new chapter in India’s journey towards self-reliance and innovation in the MedTech sector, and in the company’s leap towards growth & excellence.

The virtual inaugural event, led by Narendra Modi, was held in the presence of several key dignitaries who were all assembled at the ‘All India Institute of Ayurveda’ (AIIA), New Delhi. Union Minister of Health and Family Welfare, Jagat Prakash Nadda; Union Minister of Labour and Employment, Dr Mansukh Mandaviya; Union Minister of State (Independent Charge) for AYUSH and Union MoS for Health and Family Welfare, Prataprao Jadhav; Union Minister of State for Health and Family Welfare, Anupriya Patel; Union Minister of State for Labour and Employment, Shobha Karandlaje and Ramvir Singh Bidhuri, South Delhi MP (Lok Sabha) were also present on the occasion.

The virtual inaugural ceremony commenced with a warm welcome to the guests, followed by a few words from each of them. In closing, the prime minister shared his views and addressed the medical devices & pharma industry. On the other hand, BPL MedTech’s senior leadership such as their CEO & MD, Sunil Khurana along with the other team members, graced the occasion from their new manufacturing facility. A virtual call between the guests and the BPL team facilitated the seamless inauguration of the facility.

About the Manufacturing Facility

Spread across a total of about two acres in the Jigani industrial area in Bengaluru, the company’s new facility is equipped with world-class industrial equipment, quality check systems and a dedicated warehouse to manufacture, store and timely supply a wide-range of essential medical devices such as X-ray & surgical C-arm machines, patient monitors, ECG machines, anaesthesia workstations, and much more. This initiative represents a strategic investment by BPL Medical Technologies towards meeting domestic demand and boosting exports to global markets.

Speaking on the occasion, Sunil Khurana, CEO & MD of BPL Medical Technologies, expressed his gratitude and highlighted the company’s commitment to achieve self-reliance. “This milestone is a testament to our dedication to innovation, quality, and self-reliance. We are committed to empowering healthcare professionals with best-in-class medical devices and contributing to the nation’s growth,” he stated.

As a home-grown Indian brand, BPL Medical Technologies Pvt. Ltd. shares the vision of an ‘Atmanirbhar Bharat’ (self-reliant India) in the medical device sector through the Make-in-India initiative. This new plant in Bengaluru will enable them to enhance their operational efficiency, reduce production lead times, and bring innovative MedTech solutions faster to the Indian market – thereby meeting the growing demands of the Indian healthcare sector. The company aims to reduce India’s dependency on imports and ensure that critical medical devices are readily available within the country.

BPL Medical Technologies Pvt. Ltd.

BPL Medical Technologies Pvt Ltd is a leading Indian medical device manufacturing brand headquartered in Bengaluru, India. With a commitment to enhancing healthcare delivery through innovation and technology, the company has expanded its product portfolio to include a wide range of vital medical devices under categories like non-invasive cardiology, critical care & surgery, mother & child care, imaging, homecare as well as consumables & accessories. They have a large team of R&D that strides to design and develop medical devices as per the latest product features and offerings. Their products manufactured in ISO 13485:2016 certified facilities conform to global standards of quality assurance and best practices. With an extensive reach of sales and service partners, the company effectively caters to the needs of their customers pan India as well as globally.

For more details, visit www.bplmedicaltechnologies.com

Dharamkot Studio Announces 2nd Winter Residency Program for Artists and Creatives

Dharamkot Studio Announces 2nd Winter Residency Program for Artists and Creatives

Dharamkot Studio, nestled in the scenic Himalayan village of Dharamkot, invites applications for its Winter Artist Residency Program, designed to support and inspire artists across various disciplines. This residency offers a unique setting for creatives to explore and develop their practice in a serene, secluded environment.

This program provides a flexible stay of 1 to 3 weeks, giving participants the freedom to choose a duration that suits their artistic needs. Artists will benefit from dedicated time to focus on their craft while enjoying the breathtaking mountain landscape, ideal for sparking inspiration and personal growth.

Residency Program Highlights

  • Flexible Duration: Stay between 1 and 3 weeks.
  • Location: Dharamkot village, Dharamshala, Himachal Pradesh – an idyllic setting offering mountain views and quiet spaces for creative work.
  • Facilities: Includes private accommodation, meals, access to pottery and art spaces, and cozy common areas for interaction.

Residency Categories

1. Fully Funded Residency – Available for potters, ceramic artists, and art curators whose work aligns with the studio’s vision.

2. Self-Funded Residency – Open to artists across disciplines, with a daily rate of Rs 3,500 + 18% GST (includes private room, meals, and studio access). Self-funded categories cover a broad spectrum, including Visual Arts, Digital Arts, Performing Arts, Literary Arts, Applied Arts, and more.

Application Process

To apply, artists must submit:

  • Personal details, preferred dates, and stay duration.
  • Portfolio of recent work, an artist statement, and a project proposal.
  • CV and two professional references.

Applications will be reviewed by a panel of senior ceramic artists and Dharamkot Studio team members. Selection criteria focus on artistic quality, alignment with the residency’s goals, project feasibility, and engagement with the community.

Program Benefits

Residents will have the opportunity to:

  • Build Community: Engage with artists from diverse backgrounds, fostering new ideas and collaborations.
  • Focus on Creation: Dedicate uninterrupted time to their work, away from daily distractions.
  • Draw Inspiration from Nature: Work amidst serene mountain views and peaceful surroundings.
  • Gain Professional Exposure: Network with other creatives, expanding both personal and professional horizons.

How to Apply

Applications can be submitted via email to residency@dharamkotstudio.com. For more details, visit [Dharamkot Studio’s website](https://www.dharamkotstudio.com/).

About Dharamkot Studio

As India’s largest pottery and art space, Dharamkot Studio offers an inspiring environment for creative growth. Known for its workshops, courses, and residency programs, the studio provides artists with unique opportunities to deepen their craft and connect with a supportive community.

Location and Travel

Dharamkot Studio is easily accessible by air, bus, or train, with Dharamshala Airport just 20 km away. Though January and February can be cold, days are typically sunny, and travel remains uninterrupted even with snowfall.

Weather Conditions

January and February bring cold temperatures, ranging from 10°C during sunny days to -7°C at night. Snowfall is typical, but travel remains accessible.

For media inquiries, please contact:

Dharamkot Studio Press Team

Email: residency@dharamkotstudio.com

Phone: +91 98160 96575

Satra Nexus, A Story of Transformed Lives from Streets to Stability

Satra Nexus, A Story of Transformed Lives from Streets to Stability

In the bustling lanes of Meghwadi, Sher-e-Punjab, Andheri East, lies a property that was once the heart and soul of 80 families, each building their lives around a shared space. The residents had created memories, celebrated milestones, and weathered hardships in that old building. But over time, cracks began to appear, and the walls grew weaker. The BMC deemed the structure unsafe, forcing it to be demolished in 2018. The families were left without a place to call their own. What was once home now lay in ruins.

To make matters worse, the original builder, who had promised to redevelop the property, abandoned the project. There was no compensation, no rental support — just uncertainty and the heartbreak of displacement. Months turned into years, and what was left of their old home stood as a painful reminder of broken promises.

Then, in 2023, a glimmer of hope arrived. One of the building’s longstanding residents, who served as the Secretary, had heard about Satra Corp, a real estate developer with a different story. Known for their commitment to people, Satra Corp had a reputation for keeping promises, finishing projects on time without depending on institutional loans or market borrowings. Their projects were debt-free, self-funded, and built with the dedication to fulfill every commitment made to the people who put their trust in them. Inspired by this dedication, the few Committee Members of the Society reached out to Satra Corp with a heartfelt plea: “Could you help us find our way back home?”

Rushabh and Vrutika Satra, a Promoters at Satra Corp, listened carefully to their story. He heard about the sleepless nights, the missed festivals, and the countless struggles these families endured after being displaced. More than a business opportunity, he saw this as a chance to restore faith — in real estate and in the idea of home itself.

For Satra Corp, taking on the Satra Nexus project wasn’t about financial gain. It was a promise they wanted to keep for the people who had been let down for so long. Rushabh made a decision that Satra Corp would not only rebuild the structure but also take full responsibility for supporting these families until they could return. In a move rare in real estate, Satra Corp committed to paying for each tenant’s rent until they could move back into their new homes. It was a bold, compassionate step, driven by a desire to rebuild lives and not just a building.

With no reliance on institutional loans, Satra Nexus has become a project that is truly debt-free. Satra Corp funded it themselves, choosing the slower but more sincere path of self-financing, as they had done in the past. This approach allowed them to remain free of external pressures, keeping their focus entirely on the families they had pledged to support. They could work at their own pace, prioritizing quality and the unique needs of the residents over profits. Each brick laid down, every floor constructed, was a testament to the commitment that Satra Corp made to those families who once called this land home.

As construction began, the tenants watched in amazement. What had once been a haunting sight of demolition turned into a symbol of hope. Families, especially the elderly, would visit the site, some with tears in their eyes. They saw not just walls going up but also a promise taking shape — a promise that, after years of waiting, they would finally have a place to return to.

Among them was an elderly gentleman in his 80s, a man who had seen this community evolve over the decades. He once thought he would not live to see the day he would have a home again there. Watching the structure of Satra Nexus grow each day, he shared his feelings with Rushabh: “I thought I’d never see the day we’d live in our new home. Today, it feels like God answered our prayers and sent us angels.”, Rajan Rewendkar, Chairman of existing Society.

For Satra Corp, his words meant everything. They reminded them why they chose this debt-free path, why they invested in communities without shortcuts or compromises. They didn’t just want to complete a project; they wanted to create homes that would stand for generations, buildings that held a story of resilience, community, and trust.

As New Year has approached, the excitement builds among the families. Each one eagerly anticipates the day they will walk through the doors of Satra Nexus, a place they can once again call their own. What makes Satra Nexus truly unique isn’t just the architecture or location — it’s the spirit with which it is built. It stands as a testament to a company’s belief that business isn’t just about buildings; it’s about people, their dreams, and their right to a place they can call home.

With Satra Nexus, Satra Corp has shown that real estate can have a heart, that it can be rooted in principles of integrity and empathy. It’s a story that will inspire not only those who move into Satra Nexus but also others in the industry, reminding them that while blueprints and budgets are part of building, the true foundation of any project is the trust of the people it serves.

“There is no profit in this project. For us giving them their homes back is a priority.”, says Vrutika Satra, Promoter.

When the doors finally open, it won’t just be the culmination of years of hard work and investment; it will be the fulfilment of a dream deferred but not forgotten, a homecoming long overdue, and a beautiful new chapter for families who never stopped believing in the promise of home.

VRAD Co. Launches Korean VR Simulators for Nursing & Trauma Training in Global Markets

VRAD Co. Launches Korean VR Simulators for Nursing & Trauma Training in Global Markets

VRAD Co., Ltd. is launching two widely recognized Korean-developed virtual reality-based simulators, NS_Core, a nursing skills education simulator, and IP_Trauma, a trauma patient care simulator, for international markets. These products support a broad range of languages, including Korean, English, Vietnamese, Thai, Indonesian, Chinese, Japanese, Kazakh, and German, with Spanish and French language support anticipated by the end of the year.

NS_Core is an immersive clinical simulation solution designed for nursing skill training using Meta’s virtual reality headset. It allows users to perform a variety of clinical exercises in a VR environment with simulated patients. This solution offers an innovative approach to addressing the challenges of hands-on medical training within nursing school curricula by providing a metaverse-based virtual training space.

Developed through a collaboration between general hospitals and university nursing departments, NS_Core enables intensive, repetitive practice on 20 essential nursing skills, significantly enhancing clinical performance among nursing students.

IP_Trauma offers a comprehensive VR training environment for medical personnel to acquire and refine essential trauma care skills. This includes learning various medical procedures, equipment handling, situational assessment, and decision-making, as well as fostering teamwork and real-time communication—areas traditionally challenging to practice effectively.

IP_Trauma is an immersive clinical simulation platform featuring reactive scenario simulations, where outcomes vary based on the user’s choices and actions. Developed in partnership with several prominent Korean universities and hospitals, it adheres to the globally recognized Advanced Trauma Life Support (ATLS) protocol standards.

Within the IP_Trauma simulator, multiple users can communicate in real time, practicing critical decision-making and trauma care techniques in a virtual environment. The simulation covers over 40 procedural steps, from pre-hospital preparation to patient transfer to the operating room. Simulation managers can utilize a control console to assign real-time scenarios, provide additional instructions, and directly guide participants, effectively managing the simulation’s progress.

Currently recognized as a leading VR medical technology provider in Korea, VRAD’s products are actively used in over 90 medical and educational institutions, both domestically and internationally.

Website: https://vrad.one/

Media Contact: VRAD in Gyeonggi-Do, South Korea

Media Inquiries Contact: wsheo@vrad.one

Phone: +82 2-869-4789

Email: info@vrad.one

B2B Channel Distribution Marketplace – Badho Hits ₹1000 Crore GMV, Signals Shift in FMCG Distribution Landscape

B2B Channel Distribution Marketplace – Badho Hits ₹1000 Crore GMV, Signals Shift in FMCG Distribution Landscape

Gurugram, Nov 2024: In a significant development for distribution in India’s FMCG sector, Badho – the B2B marketplace for channel distribution has crossed ₹1000 Crore in Gross Merchandise Value (GMV) with current ~₹100+ crore monthly GTV and with 22% user growth every month.

Founded in 2022 by IIT and ISB alumni, Badho’s HQ is based in Gurugram and the marketplace connects retailers with local distributors, enabling them to place orders without payment constraints and set business terms for payment, delivery, and returns on their terms. This flexibility allows brands to maintain sales momentum, even in regions where their field sales teams might not be active, while also generating leads for distributors to expand their networks.

The Badho App has seen rapid adoption across India’s Hindi Belt, with over 5 lakh retailers and 7,000 distributors now trading secondary orders of more than 1000+ Brands through its marketplace. Market observers attribute this as a sign of growing digitization in traditional Kirana Markets, which still account for over 73% of India’s retail distribution.

Rishi Singhal, CEO of Badho, sees this as just the beginning. “The real opportunity lies in making traditional channel distribution more efficient, not replacing it,” he told reporters. Industry veterans agree, pointing to the vast untapped potential in India’s 13 million+ kirana store network.

The opportunity is particularly notable for emerging brands. For example, Shark Tank India participant Zoff Foods leveraged Badho to establish its offline presence and connected with 6,000+ retailers and generated 250+ distributor leads. They scaled to an impressive ₹13-₹15 Lakhs monthly order volume within months of partnering up with Badho. Also, such brands report an increase in average order values and higher participation in trade schemes, indicating improved engagement with retailers.

The development comes as India’s FMCG sector shows strong growth potential, with increasing consumption in tier 2-3 cities driving market expansion. According to Invest India by GOI, the Indian retail market is estimated to reach $2 Tn by 2032, driven by socio-demographic and economic factors such as urbanization, income growth and rise in nuclear families

“What’s noteworthy is the platform’s approach to digitization,” says Saurabh Shivhare, MD & CEO at Kapila Krishi Udyog Ltd. “Unlike earlier attempts that tried to bypass traditional distribution networks, this model enhances existing distribution, making it more palatable for the industry.”

Gyanendra Bharti, Co-founder of Badho, also emphasizes the platform’s role in preserving traditional business relationships: “By digitizing order processes while maintaining existing distributor-retailer relationships, we’re helping the industry evolve naturally.”

The development also signals growing investor interest in B2B retail tech. While Badho has been bootstrapped so far, industry sources suggest strong investor interest. Also, the platform’s ability to reduce market entry costs to under ₹50,000 has made it particularly attractive for brands looking to expand in the Hindi Belt. This cost efficiency, combined with rapid retailer connectivity, addresses a crucial gap in traditional channel distribution models.

For more information about how Badho is transforming channel distribution while preserving traditional networks, visit www.badho.in.

About Badho:

Badho is India’s leading B2B marketplace for channel distribution, optimizing costs and efficiency for FMCG brands while enhancing traditional distribution networks through innovative technology. The platform connects 5 lakhs retailers with 7,000+ distributors across the Hindi Belt, processing orders worth ₹1000+ crore GMV.

Alt DRX Blockchain Technology Makes Real Estate Investable for Everyone

Alt DRX Blockchain Technology Makes Real Estate Investable for Everyone

Bangalore (Karnataka) [India], November 7: In the past, real estate investing was an exclusive domain, accessible only to those with significant capital and the right connections. However, with the rise of innovative platforms like Alt DRX and the power of blockchain technology, this barrier is being dismantled. Alt DRX is revolutionizing the real estate market by making property investments accessible to everyone, regardless of their financial standing, through fractional ownership and blockchain-backed transparency.

The Power of Blockchain in Real Estate

Blockchain technology is the driving force behind Alt DRX mission to democratize real estate investments. Blockchain, known for its decentralized and secure nature, offers transparency, efficiency, and security in transactions. This technology ensures that all real estate investment transactions are recorded on an immutable ledger, removing the need for intermediaries and reducing costs and time delays associated with traditional property investments.

Alt DRX leverages blockchain to provide a platform where individuals can buy fractional ownership of properties. This means that instead of purchasing an entire property, investors can own a percentage, making it affordable and accessible to a wider audience. Blockchain guarantees that these ownership records are secure and tamper-proof, ensuring a level of trust and security that was previously hard to achieve in the real estate sector.

Fractional Ownership: Lowering Barriers to Entry

The concept of fractional ownership is not new, but blockchain technology has supercharged its potential. Through Alt DRX, investors can purchase shares in high-value properties without the need for large upfront capital. This allows individuals to invest in real estate with smaller amounts of money, providing an opportunity to diversify their portfolios and tap into a historically lucrative asset class.

For example, instead of needing millions to invest in a prime commercial property, Alt DRX allows investors to buy fractional shares, making it possible for anyone with a modest budget to participate. This opens up the real estate market to a broader demographic, enabling people from all financial backgrounds to build wealth through property investments.

Transparency and Trust: Key Benefits of Blockchain

One of the biggest challenges in real estate investing has always been transparency. Traditional property transactions often involve numerous intermediaries, unclear ownership records, and lengthy processes, all of which can lead to a lack of trust between buyers and sellers. Blockchain technology, as utilized by Alt DRX, solves this problem by offering complete transparency in every transaction.

Each property listed on the Altdrx.com platform has its ownership data, transaction history, and legal documents stored on the blockchain. This decentralized ledger is accessible to all investors, ensuring that there is no ambiguity about the property’s status, ownership, or financial health. Investors can confidently engage in real estate deals, knowing that the system is transparent and secure.

Liquidity in Real Estate Investments

A major issue with traditional real estate investment has always been the lack of liquidity. Once you invest in a property, it often takes months or even years to sell and realize returns. With AltDRX’s blockchain-backed platform, investors can trade their fractional ownership stakes in a secondary market, providing a level of liquidity that has been missing from real estate investments.

This feature allows investors to buy, sell, or trade their property shares more easily, giving them flexibility and quicker access to returns on their investments. The blockchain’s smart contracts automate and facilitate these trades, making the process seamless and efficient.

Real Estate for Everyone: The Future of Investing

Alt DRX is breaking down the barriers to real estate investing, allowing individuals to access high-value properties without the traditional hurdles. By combining fractional ownership with the transparency, security, and efficiency of blockchain technology, Alt DRX is making real estate an investable asset for everyone.

Whether you’re a seasoned investor looking to diversify or someone new to the world of real estate, Alt DRX provides an accessible, trustworthy platform to start building wealth. With blockchain at its core, the future of real estate investing is decentralized, secure, and open to all.

Conclusion

Alt DRX is transforming real estate investing by leveraging blockchain technology to offer transparency, security, and accessibility. Through fractional ownership, it enables investors of all levels to enter the real estate market without the traditional financial burdens. This global accessibility, combined with blockchain’s inherent security, offers a new level of confidence and flexibility in real estate investing. Whether you’re looking to invest in commercial properties, residential developments, or emerging markets, AltDRX empowers individuals to build diversified portfolios and gain exposure to the real estate market with ease. This evolution not only democratizes real estate but also redefines how we perceive and engage with property ownership in the digital age.

Chery Reaches 15 Millionth Vehicle Milestone: TIGGO 8 Proudly Rolls Off the Line at Brazil’s Manufacturing Base

Chery Reaches 15 Millionth Vehicle Milestone: TIGGO 8 Proudly Rolls Off the Line at Brazil’s Manufacturing Base

Recently, Chery Group reached a monumental moment in its journey. In four countries—Egypt, Brazil, Kazakhstan, and Malaysia—Chery vehicles rolled off production lines simultaneously. At the same time, a celebration was held at the Wuhu manufacturing base in China to commemorate the milestone of the 15 millionth vehicle. This series of remarkable achievements signifies Chery’s leap across five continents and weaves together an extraordinary 15-million vehicle roll-off event that transcends borders.

At the 15-million vehicle roll-off ceremony, Yin Tongyue, Chairman of Chery Group, remarked: “From 1 to 15 million, it is not just a growth in product quantity or a breakthrough in Chery’s speed, but an unyielding innovation to turn the impossible into the possible and to turn the possible into even greater possibilities.” Looking ahead to the next 15 million, Chery will focus on the user, build on technology, and take globalization as the direction, striving not only for sales growth but also for advancements in quality, structural optimization, and brand value, bringing global users more delightful, diverse, and differentiated brand options.

TIGGO 8 Shines Globally, Adding Brilliance to the 15 Millionth Vehicle Milestone Celebration

During the global synchronized roll-off ceremony, the TIGGO 8 rolled off the production line at Chery’s Brazil manufacturing base, becoming an integral part of the 15-million milestone achievement. In terms of sales, the TIGGO 8 series has achieved over 1 million global sales, gaining recognition from urban elites worldwide. Additionally, various models of the TIGGO 8 series continue to sell well and gain widespread trust in markets such as Brazil, South Africa, Saudi Arabia, and Ecuador. Since its debut in Brazil in 2020, the TIGGO 8 has received high praise, winning recognition from authoritative institutions and the favor of consumers. It maintains strong sales momentum in Brazil and has become an official reception vehicle for the Brazilian president and a key government procurement vehicle.

With globally recognized quality and performance, the TIGGO 8 series has also won multiple awards, including South Africa’s “2023 Motor Enthusiasts Choice” award, Mexico’s “Top Midsize SUV” and the Philippines’ “Best Midsize Crossover in 19th Annual C!” award.

Global Sales: From 0 to 15 Million, Chery’s Momentum Accelerates

On December 18th, 1999, Chery’s first vehicle rolled off the line. From 0 to 15 million, Chery has maintained its position as China’s top passenger car exporter for 21 consecutive years, expanding its business to over 100 countries and regions. From January to September 2024, Chery Group sold 1,752,793 units, representing a 39.9% year-over-year increase, 93% of its total sales for 2023. Of this, exports reached 829,353 units, marking a 24.5% year-over-year increase, making Chery the only automotive company to achieve dual growth in domestic and overseas markets. As of now, Chery has amassed 15 million global users.

Chery has adhered to a “dual-track” approach in both domestic and international markets, achieving dual growth, with exports accounting for nearly 50% of total sales, showcasing its competitiveness in the global arena. At the same time, Chery has demonstrated strong growth momentum in ICE and NEV. Fuel vehicle sales saw a year-on-year increase of 24.9%, Meanwhile, new energy models have surged with a staggering year-on-year growth rate of 186%.

Global Products: Cars That Meet the Needs of World Users

With its global presence, high-standard R&D, stringent quality control, and excellent product performance, Chery has become a truly global car manufacturer that meets the diverse needs of users worldwide. Chery has established eight major R&D centers and over 300+ laboratories globally, bringing together more than 25,000 top R&D experts to form a strong “scientific elite team” dedicated to solving the mobility needs of new-era users.

From global product planning, design, and development to supply chain management, production, marketing, service, and quality system establishment, Chery adheres to a unified system and quality management standard, ensuring synchronized quality upgrades across global products. Through rigorous testing in extreme conditions worldwide, such as the steep slopes of South America in Brazil, the high humidity and heavy rain of Indonesia, the extreme heat of the Middle East, the autobahns of Germany, and China’s vast geographic span, Chery vehicles have demonstrated their exceptional adaptability and reliability.

The Chery TIGGO series has been a standout in global markets, with the TIGGO series being named the “2023 Global Sales Champion for Chinese Brand Fuel SUVs.” Furthermore, the TIGGO 7 has held the title of the top export champion in the Chinese brand A-segment SUV category for three consecutive years. Many of Chery’s celebrated models, tested by global standards, were showcased at the Global Innovation Day event, including the TIGGO 8 Rally champion car.

Deepening International Cooperation,Co-create a New Future of High-Quality Global Expansion

While rapidly expanding in overseas markets, Chery is also building a high-quality, sustainable “going global” model. Adhering to the international development philosophy of “In somewhere, For somewhere,” Chery collaborates openly with overseas partners to share achievements. With a commitment to being a top performer in global ESG construction and embracing the concept of being a good global corporate citizen, Chery has gained wider recognition and support in overseas markets. The 2024 Chery International User Summit exemplifies Chery’s international influence. The launch of exciting events like Global Innovation Conference(CGIC), International User Summit, Ecology Exhibition and ESG Global Community allows guests worldwide to deeply appreciate Chery’s outstanding achievements and firm determination in technology innovation, environmental construction, and public welfare. These events showcase Chery’s latest technological achievements and cutting-edge ecological concepts and highlight its responsibility and leadership as a global corporate citizen.

In the face of this magnificent milestone, Chery Group celebrates the rollout of its 15 millionth vehicle and embarks on a new chapter in its globalization development. Behind these impressive numbers lies the crystallization of Chery’s 27 years of relentless effort and the testimony of trust and support from 15 million global users. Looking to the future, Chery will continue to deepen international cooperation and produce more global vehicles that meet users’ needs worldwide.

Company: Chery Automobile Co., Ltd.

Contact Person: Chery Automobile

Email: cherybrand@mychery.com

Website: https://www.cheryinternational.com/

Country: China

City: AnHui