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Bridging Distances and Connecting the Future: The Global Impact of GWM at the 2024 Chengdu Motor Show

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China, 6th Sep 2024 – In today’s rapidly changing global automotive industry, Chinese car brands are emerging with remarkable speed and strength, becoming an influential force in the global market that cannot be ignored. On August 31th, at the Chengdu Motor Show, Great Wall Motor (GWM), representing China’s independent automotive brands, showcased its theme “Intelligent GWM, Off-Road GWM, Global GWM.” The event featured six of its major brands—HAVAL, WEY, TANK, ORA, POER, and GWM SOUO—coming together at the 2024 Chengdu Motor Show. Over 20 flagship models were displayed, highlighting GWM’s unparalleled product strength, intelligent technology, and off-road capabilities, while also demonstrating its remarkable achievements in global expansion. Nearly a hundred international guests from regions including the Middle East, ASEAN, Australia, South Africa, and South America attended the event, experiencing GWM’s robust ecosystem and witnessing its rapid growth in the global market.

Joint Press Conferences Highlight GWM’s Global Expansion

On the opening day of the Chengdu Motor Show, GWM hosted two joint press conferences to comprehensively showcased GWM’s global market strategy and strengths: one featuring the GWM Group, TANK, and WEY brands, and another showcasing HAVAL and GWM Pickup. These press conferences not only unveiled GWM’s latest products and technologies but also underscored the brand’s solid progress and ambitious vision in its journey toward global expansion.

 

During the press conference for the GWM Group, TANK, and WEY brands, GWM showcased several standout models, including the TANK 300, TANK 500, and the all-new WEY 07, capturing the attention of numerous media representatives and attendees. These models demonstrated GWM’s comprehensive presence across various segments, including SUVs and pickups, showcasing the brand’s technical expertise and innovation in the premium market. Notably, the TANK series has dominated the off-road SUV market since its launch, capturing half of the market share. In China, one out of every two off-road vehicles sold is a TANK model.

 

As the highlight of the event, the all-new WEY 07 was widely praised by both the audience and the press for its exceptional performance, cutting-edge smart technology, and luxurious, comfortable driving experience. At the press conference, Liu Yanzhao stated, “Since its launch on August 21, the all-new WEY 07 has seen a rapid surge in sales, with 8,571 units sold within the first 24 hours, and over 80% of orders coming from first- and second-tier cities. This outstanding achievement is a testament to the support and trust of every customer.” He emphasized that GWM will continue to uphold its philosophy of “craftsmanship in car-making,” delivering superior products and services to users worldwide.

 

At the joint press conference for HAVAL and GWM POER, GWM showcased its extensive experience and diverse offerings in both the consumer and commercial markets. Models like the HAVAL H6 and HAVAL DARGO have become favorites among family users, thanks to their exceptional safety features and comfortable driving experience. HAVAL has successfully broken traditional boundaries by creating the new “Family Off-Road” category with the launch of the second-generation HAVAL H9. This model not only represents the pinnacle of HAVAL’s off-road technology and product experience but also reflects a new approach to the off-road segment. Meanwhile, the GWM Pickup series has become the top choice for off-road enthusiasts, praised for its strong functionality and impressive off-road capabilities.

 

To date, all five major brands of GWM have successfully expanded into international markets. HAVAL, TANK, and WEY have collectively established a comprehensive SUV lineup, with several high-value models entering global markets and gaining the affection and support of 14 million users worldwide. GWM now boasts over 1,300 international sales channels, with cumulative overseas sales exceeding 1.6 million units, setting a new benchmark for Chinese automotive brands in their global expansion.

 

Dual-drive Strategy to Meet All Travel Needs

In recent years, GWM has adhered to its dual-drive strategy of “Intelligent GWM” and “Off-Road GWM,” continually driving technological innovation and product upgrades to earn the trust of users worldwide. In terms of intelligent technology, the all-new WEY 07 features the Coffee Pilot Ultra intelligent driving system, which has received widespread acclaim for its exceptional sensing capabilities and precise handling performance. The Coffee OS 3 intelligent cockpit system, known for its strong sensing, enhanced safety, and rapid iteration, provides users with an intelligent travel experience that is comprehensive and seamless from point to point. Furthermore, the integration of the Coffee OS 3 intelligent cockpit system with the SEE integrated intelligent driving model significantly enhances travel comfort and technological sophistication. This integration marks a comprehensive upgrade from being “attractive and functional” to being “engaging, intuitive, and smart,” offering users a more convenient and intelligent driving experience. Additionally, GWM’s attention to detail and quality control—from the meticulous management of motor sound to the design of zero-gravity seats—demonstrates a deep understanding and precise catering to user needs.

 

In terms of off-road performance, GWM boasts the most comprehensive new energy powertrain system, encompassing the Hi4 technology platform and various fuel-powered drivetrains, capable of meeting all off-road driving conditions. The introduction of the intelligent four-wheel-drive electric hybrid architecture Hi4/Hi4 Performance Version and the off-road super hybrid architecture Hi4-T provides users with a more economical, extended-range, and safer driving experience. Additionally, GWM has pioneered a range of four-wheel-drive technologies to cover all off-road scenarios, including intelligent electric four-wheel drive and mechanical locking differentials, available across multiple models. These technological innovations demonstrate GWM’s formidable strength in off-road technology.

 

With its dual-engine strategy of “Intelligent GWM” and “Off-Road GWM,” GWM not only meets the full range of travel needs for its users but also leads the rise of Chinese automotive brands in the global market with exceptional product quality and innovative technological capabilities.

 

GWM’s Global User Strategy: A Balanced Focus on Products and Services

GWM’s “GO WITH MORE” brand philosophy is not only reflected in its pursuit of superior products and technology but also in its commitment to deeply rooting itself in local markets, respecting local cultures, and forging strong connections with users. In recent years, GWM has actively expanded its presence in international markets, earning the trust of global customers through outstanding product quality and locally tailored market strategies. Whether in Southeast Asia, the Middle East, Africa, or even Europe, GWM has been steadily increasing its brand influence, setting a benchmark for Chinese automotive brands going global.

 

To further enhance the user experience, GWM continually innovates in both products and services. The all-new WEY 07, equipped with the advanced Coffee Pilot Ultra intelligent driving system, has received widespread acclaim for its exceptional sensing capabilities and precise handling performance. In terms of the intelligent cockpit, the Coffee OS 3 smart cockpit system offers a smooth operating experience and a rich array of features, providing users with a more convenient and intelligent driving experience. Moreover, GWM focuses on meticulous attention to detail and quality control. From the fine-tuned sound control of the motor to the design of zero-gravity seats, every aspect reflects GWM’s deep understanding of and precise response to user needs.

 

Co-creating with Users: Deepening Emotional Connections with the Brand

GWM understands that users are a vital force in the brand’s growth. During the Chengdu Motor Show, GWM invited users and influencers from around the world to participate in the creation and sharing of the brand’s story. Particularly in the user story sharing segment, several international users shared their personal experiences with GWM. These stories not only highlighted GWM’s outstanding performance in terms of products but also demonstrated the deep emotional connection between the brand and its users. As John, a user from Australia, put it: “I chose GWM not just for its performance and quality but because of the sense of belonging it gives me.” This sense of belonging is a key factor in GWM’s continued growth in the global market.

 

The media, users, and key opinion leaders (KOLs) have showered GWM with praise and positive feedback. They consistently highlight that GWM’s products are not only outstanding in performance and reliable in quality but also leading the industry in smart technology and new energy solutions. Through the collection and sharing of user stories, GWM has showcased the deep emotional connections that users from diverse countries and cultural backgrounds have with the brand.

GWM also engages in various interactive activities to co-create brand value with its users. This not only helps GWM deepen its emotional connection with users but also infuses additional momentum into the brand’s global development. For example, at the auto show, GWM set up a user experience area, inviting attendees to personally experience the latest smart technologies and new energy products. Additionally, GWM hosted co-creation workshops where users collaborated with designers and engineers to discuss future automotive trends and innovative directions.

 

GWM further strengthens its emotional connection with users through various interactive activities, such as encouraging them to participate in different stages of product development, design, and promotion. This co-creation model not only enhances the market competitiveness of its products but also boosts users’ brand recognition and loyalty. At the motor show, GWM set up a user experience zone where attendees could personally experience the latest intelligent technologies and new energy products. Additionally, they hosted user co-creation workshops, inviting users to engage with designers and engineers in discussions about future automotive trends and innovation directions. Furthermore, GWM invited nearly a hundred international guests from regions including the Middle East, Malaysia, Thailand, Australia, South Africa, and Brazil to the Chengdu Motor Show. These guests also toured the Chongqing Yongchuan Factory, where they had the opportunity to experience GWM’s intelligent products firsthand, witness its off-road capabilities, and observe the rapid pace of its global expansion.

 

Fusion of Chinese Culture and Brand: An Immersive Hotpot Experience

At this year’s Chengdu Motor Show, GWM hosted a unique hotpot feast, blending Chinese culture deeply with the brand. For the international users and media representatives, this hotpot banquet was undoubtedly an unforgettable cultural experience.

 

A seasoned automotive critic gave high praise, stating, “GWM has skillfully integrated elements of traditional Chinese culture into its brand presentation, setting a new benchmark for the industry.” Internationally renowned media professionals echoed this sentiment, remarking, “The hotpot feast successfully embodied a global brand strategy that transcended geographical and cultural boundaries. It allowed users from around the world to experience the profound depth of Chinese culture, while also deepening the emotional connection between the brand and its customers.” Users from various countries also expressed their love and appreciation for the event, noting that they not only enjoyed delicious traditional Chinese cuisine but also deeply felt the charm and cultural spirit of the GWM.

As the global automotive market continues to evolve and develop, GWM will remain committed to its “Craftsmanship in Car Manufacturing” philosophy. Guided by its dual-engine strategy of “Intelligent GWM” and “Off-Road GWM,” the company will continue to drive technological innovation and product upgrades, delivering superior products and services to customers worldwide. Looking ahead, GWM will further deepen its user co-creation model, working hand in hand with global users to explore the endless possibilities of future mobility.

Media Contact

Organization: GWM

Contact Person: Carol Wang

Website: https://www.gwm-global.com

Email: Send Email

Country: China

Release Id: 06092416679

The post Bridging Distances and Connecting the Future: The Global Impact of GWM at the 2024 Chengdu Motor Show appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Southeast Asia Prepares for CBDC Revolution as Nuspay and Bits & Blocks Announce Major Collaboration

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New York, United States, 19th Sep 2024 – Nuspay International Incorporated, a pioneering USA-based fintech leader, in partnership with Bits & Blocks Ltd., is proud to announce the launch of a transformative Central Bank Digital Currency (CBDC) project that promises to revolutionize the future of finance. Focused on innovation and security, this project is set to reshape the region’s financial infrastructure, driving greater financial inclusion and fueling economic growth. The initiative is further bolstered by the participation of Peacock Trust United Kingdom, known for its extensive expertise in financial research and innovation.

Built on Nuspay International’s cutting-edge blockchain technology and fintech experience, and combined with Bits & Blocks’ strategic expertise in navigating the Southeast Asian financial landscape, this CBDC project addresses the core challenges faced by traditional financial systems, such as inefficiency, high transaction costs, and a lack of transparency. By focusing on creating a secure, scalable, and compliant digital currency solution, the project aims to redefine how Southeast Asian economies engage with digital finance.

Md. Abul Mansur, Managing Director of Nuspay International Incorporated, has been an early pioneer in the conceptualization of CBDC. Reflecting on his work, Mr. Mansur shared: “I began developing the initial concept of CBDC around currency virtualization, envisioning a solution that goes beyond e-Money, which is often controlled by commercial entities rather than the central bank. I asked myself, ‘If fiat currency is controlled by central banks, why shouldn’t e-Money be as well?’ This thinking led me to build the technological framework for CBDC, ensuring that it aligns with central bank regulations to provide the highest levels of security, transparency, and trust.

Nuspay International’s contribution to this project focuses on leveraging its expertise in blockchain technology and digital security, creating a robust framework that facilitates real-time payments, enhanced traceability, and significantly reduced transaction costs.

With Nuspay’s proven track record, this CBDC solution is tailored to meet the unique needs of Southeast Asia, ensuring seamless integration with existing financial systems while improving efficiency and reducing risks inherent in traditional currency models.

Mr. Mohammed Nurul Afsar, Managing Director of Bits & Blocks Ltd., expressed his enthusiasm for the project: “Bits & Blocks is honored to be part of this innovative venture. Our goal is to create a business strategy that ensures the CBDC system complies with local regulations and is tailored to the specific needs of financial institutions and governments in Southeast Asia. This project will fundamentally transform how financial transactions are conducted in the region, providing a secure, scalable solution that will shape the future of finance.”

Adding credibility and ensuring the project’s strategic alignment with global financial standards is Peacock Trust, under the leadership of Dr. Shamima Hardcastle, CEO of Peacock Trust United Kingdom. Peacock Trust not only drives financial research and innovation but also operates the Educational Research Institute, working with Generative AI to enhance financial education. Dr. Hardcastle also serves as President of Nuspay (UK Operations), reinforcing the project’s integrity and ensuring it adheres to the highest international standards.

Commenting on the initiative, Dr. Hardcastle remarked: “This CBDC project is a game-changer for Southeast Asia. By combining the technological expertise of Nuspay International with the strategic vision of Bits & Blocks, we are building a digital currency system that is secure, efficient, and fully compliant with regulatory requirements. This will usher in a new era of financial transparency and inclusivity.”

The introduction of CBDC in Southeast Asia is expected to offer significant benefits, including enhanced security, faster payments, and lower transaction costs. By harnessing the power of blockchain technology, each CBDC transaction will be transparent and traceable, helping governments combat illegal activities such as money laundering and tax evasion. Furthermore, eliminating intermediaries will make transactions more affordable and accessible, addressing key barriers to financial inclusion in the region.

The impact of this project on internal monetary flows, cross-border payments, and remittances—a vital source of income for many Southeast Asian countries—will be substantial. CBDC will enable real-time cross-border transfers, reducing the delays and high fees that traditionally accompany such transactions. Additionally, by providing unbanked populations with access to digital financial services, this project will foster broader financial inclusion, allowing more people to participate in the formal economy.

As the global economy continues its shift towards digital finance, the collaboration between Nuspay International Incorporated and Bits & Blocks Ltd. positions Southeast Asia as a leader in CBDC adoption. With a focus on security, scalability, and inclusivity, this project sets the stage for future digital currency systems, providing a path to a more efficient, transparent, and inclusive financial future.

For more information about this transformative CBDC project and how it can benefit financial institutions, governments, and consumers, please contact: care@nuspay.com

About Nuspay International Incorporated

Nuspay International Incorporated, based in the USA, is a global leader in fintech innovation, specializing in blockchain-based digital payment systems. Known for delivering secure and scalable financial solutions, Nuspay is at the forefront of technological advancements in the digital economy.

About Bits & Blocks Ltd.

Founded in 2023, Bits & Blocks Ltd. is a fast-growing company specializing in CBDC solutions. With a strong focus on regulatory compliance and business strategy, Bits & Blocks is committed to driving the future of digital finance across Southeast Asia.

About Peacock Trust

Peacock Trust United Kingdom, established in 1999, is a non-profit organization dedicated to promoting financial literacy, inclusion, and innovation. The Trust operates globally through initiatives such as the Educational Research Institute and works with Generative AI to advance financial education and innovation.

Media Contact

Organization: Nuspay International Incorporated

Contact Person: Md Abul Mansur

Website: https://nuspay.com/

Email: Send Email

City: New York

Country: United States

Release Id: 19092417183

The post Southeast Asia Prepares for CBDC Revolution as Nuspay and Bits & Blocks Announce Major Collaboration appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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KGeN’s Protocol Bridges Web2 and Web3, Accelerating Growth of Kroma

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Sep 19th 2024 –  Kroma has announced a strategic partnership with KGeN, a decentralized gamer network, to enhance the integration of Web2 gamers into the Web3 space. This collaboration supports Kroma’s ongoing efforts to expand decentralized infrastructure and boost user adoption in emerging markets. KGeN’s approach is designed to streamline the onboarding process for millions of Web2 users through its Economy Protocol, allowing gamers to seamlessly transition to Web3 while owning and monetizing their data. This mission has demonstrated significant success in driving Web3 adoption.

KGeN’s Economy Protocol: Bridging Web2 and WEB3

KGeN’s Economy Protocol is leading the integration of Web3 technology into mobile gaming. By embedding Esports and Loyalty Protocols into established Web2 mobile games, users can participate in blockchain-based activities without disrupting their usual gameplay experience. Players can earn real-world currency via KCash, KGeN’s stablecoin, which is pegged to approximately 0.001 USD, and can be traded within the KGeN platform for further engagement.

This system benefits players by allowing them to monetize their gameplay, while developers see increased engagement and monetization as players participate in events that require KCash. The Economy Protocol integrates directly into games, incentivizing longer play sessions and fostering deeper engagement from the Web2 audience.

Success Case: Masala Express Driving Web3 Engagement

A notable example of this partnership’s impact is the integration of KGeN’s Economy Protocol into Masala Express, a cooking game with over 500,000 monthly active users (MAUs) and 40,000-50,000 daily active users (DAUs). Through the use of KCash and blockchain-based rewards, Masala Express saw a significant boost in player engagement and Web3 adoption:

  • A 3x increase in Unique Active Wallets (UAWs) on the Kroma network.
  • A 3.15x surge in transaction volumes, contributing significantly to the growth of Kroma’s ecosystem.

Players of Masala Express were able to easily earn KCash for completing in-game tasks, participating in events, and climbing leaderboards. This provided an additional layer of engagement that extended beyond traditional gaming rewards. These results demonstrate how KGeN’s middleware enables the transition from Web2 to Web3 for a large player base, driving user acquisition and blockchain transactions seamlessly without altering the familiar gameplay experience. KGeN’s integration has strengthened its position as a top decentralized app on Kroma, further validating the effectiveness of its Economy Protocol in a live gaming environment.

Setting a Benchmark for Web2 and Web3 Integration

The partnership between Kroma and KGeN highlights the potential for further expansion and adoption of Web3 technology within Web2 gaming ecosystems. By combining Kroma’s decentralized infrastructure with KGeN’s gamer-focused protocols, this collaboration is expected to set a benchmark for future integrations. Both projects remain committed to scaling their efforts, onboarding more gamers to Web3, and fostering increased blockchain transactions, enabling gamers to actively participate in the data economy with full data autonomy.

In the coming months, Kroma and KGeN aim to explore new game genres, expand into additional markets, and introduce more innovative ways for players to engage with Web3 technology, ensuring continued growth and Web3 adoption.

About Kroma

Kroma is Asia’s leading Layer 2 solution, built on the Superchain and dedicated to bringing Web3 to the masses through easy-to-use, engaging, and gamified real-life dApps. It operates the first permissionless L2 validator network, ensuring the security of user assets with ZK fault proofs. Kroma’s original modular ZK proving library, Tachyon, significantly improves proving speed and cost efficiency, ultimately enabling Kroma’s evolution into a zkRollup network.

Website | Twitter | Discord | Github | Medium | Docs | Ecosystem | Brand Kit | Foundation Grant

About KGeN:

KGeN is building a decentralized gamer network that aims to make gamers the owners of their data. Since 2022, it is aggregating millions of micro-gaming communities across emerging markets and on-boarding them to Web3 in order to create the most powerful home of global gamer data & The Kratos Gamer Network (KGeN). At the heart of it is the Proof of Gamer (PoG) engine that allows gamers to build, own, flex & monetise their reputation. Game publishers leverage the product stack to seamlessly engage with relevant gamer cohorts and create meaningful value exchange via the multi- chain gamer network – KGeN. Kratos Gamer Network operates across India, Brazil, Nigeria, SE Asia and MENA.

Website | Twitter | Discord | Substack | Instagram | Telegram | Brand Kit | Docs

Media Contact:

Press contact name: Tani Jeong
Email : Marketing@lightscale.io
Company: Lightscale
Address: Korea/Seoul

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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BFP Partners with Amand in Melbourne to Expand and Enhance Victoria Market Services

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China — BFP Industry Co., Ltd. is pleased to announce the official signing of an agency agreement with Amand in Melbourne, Australia, marking Amand as BFP’s first official agent in the region. This strategic partnership signifies a new phase in BFP’s growth, with a strong focus on expanding and deepening its business in Victoria.

Through this collaboration, BFP and Amand will jointly offer an unprecedented, comprehensive service experience to customers in Melbourne and surrounding areas. The services include everything from precise on-site measurements before purchase to post-sale customs clearance, professional unloading, secure storage, and meticulous installation. This upgraded service model eliminates any concerns customers might have about purchasing imported cabinets and navigating the subsequent processes. It ensures that while customers enjoy the high-quality products BFP is known for, they also experience unmatched convenience and peace of mind.

The establishment of BFP’s Melbourne team not only strengthens the company’s market presence in Victoria but also brings local customers more personalized and comprehensive service support. With its professional and efficient service capabilities, the team is well-positioned to meet the diverse needs of the region. Looking ahead, BFP will continue to uphold its customer-centric service philosophy, working closely with Amand and other partners to drive the brand’s growth in the Australian market. The goal is to make it easier for more households to enjoy the high-quality living experience that BFP cabinets provide.

For a closer look at this milestone collaboration between BFP and Amand, you can view the recorded video of the official signing event here.

About BFP Industry Co., Ltd.

Established in 2013, BFP Industry Co., Ltd. is dedicated to providing customized whole-house cabinets at competitive prices with reliable service for customers worldwide, particularly for professionals in the construction industry and those involved in project management.

At BFP, we believe that only “the professional” can serve professionals, as our customers not only consider the materials and products but also the impacts and benefits these choices bring to their lives and businesses.


Media Contact:

Company name: BFP Industry Co., Ltd

Contact Person: Doris Yin, Sales Supervisor

Phone : +8613510880891

Email : sales7@bfpglobal.com

Website: https://www.bfpcabinetry.com

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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