M&T Bank Corp. stock underperforms Monday when compared to competitors despite daily gainsUnitedHealthcare CEO kept a low public profile. Then he was shot to death in New York4 Stocks at 52-Week Lows -- Time to Buy?
Where will Trump and China drive commodities in 2025?Seeman, former actor, director and current Naam Tamilar Katchi (NTK) Chief met superstar Rajinikanth in Chennai sparking news about a potential political collaboration. The visit is said to have lasted for an hour, and it is speculated that the two discussed about politics in the state. However, Seeman tends to disagree with the rumors. Seeman talks about meeting Rajinikanth Talking to a Tamil news channel, Seeman said the purpose of his visit was just to have a friendly chat, where they discussed about each other's well-being. He stated that it is always a pleasure meeting Rajinikanth as he is highly successful in the film industry, and has close connections with many political figures. Rajinikanth was once heavily criticised by Seeman when he wanted to enter politics. When asked why he criticised Rajinikanth's political ambition, he said "Politics is a harsh and unforgiving field, one must endure criticism and insults. In today’s climate, it is especially challenging for honest individuals to thrive in politics.” About Rajinikanth's future films Rajinikanth is currently working on Coolie, action thriller directed by Lokesh Kanagaraj and produced by Kalanithi Maran's Sun Pictures. The film stars Rajinikanth in the lead role, alongside Nagarjuna, Upendra, Soubin Shahir, Shruti Haasan and Sathyaraj in key roles. Get Latest News Live on Times Now along with Breaking News and Top Headlines from Tamil, Entertainment News and around the world.
In addition to the limitation on simultaneous streaming, Tencent Video has also announced enhancements to its content library and features for VIP members. These include early access to exclusive content, ad-free viewing experience, and priority customer support. These added benefits aim to provide greater value to VIP subscribers and enhance their overall viewing experience on the platform.A man in his 30s has died in a car crash in County Mayo. The crash took place on the N17 at Corbally, in the town of Claremorris, at 5.20 this evening when a car and a lorry collided. The driver of the car died in the crash; no other injuries were reported. The road will remain shut overnight ahead of an examination by Garda Forensic Collision Investigators. Local diversions have been put in place. Gardaí have appealed for any witnesses to contact Claremorris Garda Station on 094 937 2080. Main image shows Gardaí at the scene of a crash. Image: PA Images / Alamy Stock PhotoNo. 13 Duke 73, No. 9 Kansas St. 62
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TURTLE CREEK, Pa., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) ("Eos" or the “Company”), America’s leading innovator in the design, sourcing, and manufacturing of zinc-based long duration energy storage (LDES) systems, manufactured in the United States, today announced that it has received the first loan advance from the Department of Energy's (DOE) Loan Programs Office in the amount of $68.3 million. The loan advance, which covers 80% of eligible costs incurred to date on the Mon Valley Works expansion project, represents the maximum allowable amount under the program at this time. The loan advance covers both capital expenditures and project associated operating expenses incurred as part of the Company's production expansion plans related to Project AMAZE in the Mon Valley Works. These funds support Eos’ ongoing efforts to enhance its operational capacity and further its strategic growth objectives. “Our first state-of-the-art manufacturing line has been operational since June 2024, and this funding is a significant milestone towards expanding our manufacturing capacity and being able to procure line 2,” said Nathan Kroeker, Eos Chief Financial Officer. “The loan proceeds from the DOE, coupled with our strategic partnership and investment from Cerberus Capital Management, facilitates our growth plans to capitalize on the growing need for long duration energy storage solutions.” This announcement comes on the heels of 616 MWh in new customer orders and an announced partnership with FlexGen to address a preliminary 50 GWh market opportunity, highlighting the growing demand for American-made long duration energy storage. About Eos Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough ZnythTM aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. Safe, scalable, efficient, sustainable—and manufactured in the U.S—it's the core of our innovative systems that today provide utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3- to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit eose.com . Forward Looking Statements Except for the historical information contained herein, the matters set forth in this press release are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding our expected revenue, contribution margins, orders backlog and opportunity pipeline for the fiscal year ended December 31, 2024, our path to profitability and strategic outlook, the tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act of 2022, the delayed draw term loan with Cerberus, milestones thereunder and the anticipated use of proceeds therefrom, the DOE loan and statements regarding the receipt of funds under the DOE loan and the anticipated use of proceeds therefrom, obtaining the requisite approvals from the DOE to receive guarantees under the loan guarantee agreement, our ability to meet the applicable conditions precedent under the loan guarantee agreement, statements that refer to outlook, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are based on our management’s beliefs, as well as assumptions made by, and information currently available to, them. Because such statements are based on expectations as to future financial and operating results and are not statements of fact, actual results may differ materially from those projected. Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to generate cash, service indebtedness and incur additional indebtedness; our ability to achieve the operational milestones on the delayed draw term loan; our ability to raise financing in the future, including the discretionary revolving facility from Cerberus; risks associated with the credit agreement with Cerberus, including risks of default, dilution of outstanding Common Stock, consequences for failure to meet milestones and contractual lockup of shares; our customers’ ability to secure project financing; the amount of final tax credits available to our customers or to Eos pursuant to the Inflation Reduction Act; uncertainties around our ability to meet the applicable conditions precedent to any funding under the DOE loan; our ability to continue to develop efficient manufacturing processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; our ability to convert firm order backlog and pipeline to revenue; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with evolving energy policies in the United States and other countries and the potential costs of regulatory compliance; risks associated with changes to the U.S. trade environment; risks resulting from the impact of global pandemics, including the novel coronavirus, Covid-19; our ability to maintain the listing of our shares of common stock on NASDAQ; our ability to grow our business and manage growth profitably, maintain relationships with customers and suppliers and retain our management and key employees; risks related to the adverse changes in general economic conditions, including inflationary pressures and increased interest rates; risk from supply chain disruptions and other impacts of geopolitical conflict; changes in applicable laws or regulations; the possibility that Eos may be adversely affected by other economic, business, and/or competitive factors; other factors beyond our control; risks related to adverse changes in general economic conditions; and other risks and uncertainties. The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in the Company’s most recent filings with the Securities and Exchange Commission, including the Company’s most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Further information on potential risks that could affect actual results will be included in the subsequent periodic and current reports and other filings that the Company makes with the Securities and Exchange Commission from time to time. Moreover, the Company operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.TORONTO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Mattr Corp. ("Mattr" or the "Company") MATR confirmed today that it has successfully closed its previously announced private offering (the "Offering") of debt subscription receipts (the "Subscription Receipts") for aggregate gross proceeds of approximately $129.3 million. The Offering proceeds, less the underwriters' fee and expenses, are being held in escrow pending the satisfaction or waiver of certain conditions, following which, the Subscription Receipts will convert into Notes, as described below. Mattr intends to use the net proceeds of the Offering to pay a portion of the purchase price for the Company's previously announced indirect acquisition (the "Acquisition") of all of the issued and outstanding shares of AmerCable Incorporated. Subject to the satisfaction of certain closing conditions, Mattr expects the closing of the Acquisition to occur during the first quarter of 2025. In order to facilitate an orderly settlement of the Offering, the number of Subscription Receipts issued pursuant to the Offering has been modified to 125,000,000 (from the previously announced 125,000). Holders of the Subscription Receipts will be entitled to receive, upon the satisfaction of certain conditions and without payment of additional consideration or further action, a newly authenticated 7.25% senior unsecured note of the Company due April 2, 2031, in a principal amount of $1,000 (collectively for all Subscription Receipts, the "Notes") per 1,000 Subscription Receipts held. The Notes issued upon the conversion of the Subscription Receipts shall be issued as "Additional Notes" pursuant to the trust indenture dated April 2, 2024, between TSX Trust Company and the Company, as supplemented by a supplemental indenture, such that, following the issuance thereof, $300 million aggregate principal amount of 7.25% senior unsecured notes of the Company due April 2, 2031, will be outstanding. The Subscription Receipts were offered through TD Securities and National Bank Financial Markets. The Subscription Receipts were offered for sale in Canada to accredited investors on a private placement basis, in accordance with Canadian securities laws. The Subscription Receipts were not registered under the U.S. Securities Act, or any state securities laws, and were offered and sold in the United States to qualified institutional buyers only, pursuant to Rule 144A of the U.S. Securities Act, and outside of the United States in accordance with Rule 903 of Regulation S under the U.S. Securities Act. About Mattr Mattr is a growth-oriented, global materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy and electrification. Its two business segments: Composite Technologies and Connection Technologies, enable responsible renewal and enhancement of critical infrastructure while lowering risk. For further information, please contact: Meghan MacEachern VP, External Communications & ESG Telephone: 437.341.1848 Email: meghan.maceachern@mattr.com Website: www.mattr.com Forward Looking Information This news release contains forward-looking information within the meaning of applicable securities laws. Words such as "may", "will", "should", "anticipate", "plan", "expect", "believe", "predict", "estimate" or similar terminology are used to identify forward-looking information. This forward-looking information is based on assumptions, estimates and analysis made in the light of the Company's experience and its perception of trends, current conditions and expected developments, as well as other factors that are believed by the Company to be reasonable and relevant in the circumstances. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from those predicted, expressed or implied by the forward-looking information. The forward-looking information is provided as of the date of this news release and the Company does not assume any obligation to update or revise the forward-looking information to reflect new events or circumstances, except as required by law. Source: Mattr Corp. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Enzo Maresca savoured chants of ‘we’ve got our Chelsea back’ from travelling fans following a 5-1 Premier League thrashing of 10-man Southampton at St Mary’s. Blues supporters also sang the name of head coach Maresca during the closing stages of an emphatic success sealed by goals from Axel Disasi, Christopher Nkunku, Noni Madueke, Cole Palmer and substitute Jadon Sancho. Bottom club Southampton briefly levelled through Joe Aribo but were a man down from the 39th minute after captain Jack Stephens was sent off for pulling the hair of Marc Cucurella. Chelsea, who have endured an underwhelming period since Todd Boehly’s consortium bought the club in 2022, climbed above Arsenal and into second place on goal difference, seven points behind leaders Liverpool. “It was a very good feeling, especially because you can see that they are happy, that is our target,” Maresca said of the atmosphere in the away end. “We work every day to keep them happy and tonight was a very good feeling, especially the one that they can see that Chelsea’s back. This is an important thing.” Maresca rotated his squad in Hampshire, making seven changes following Sunday’s impressive 3-0 win over Aston Villa. Following a sloppy start, his side, who stretched their unbeaten run to six top-flight games, could easily have won by more as they hit the woodwork three times, in addition to squandering a host of chances. “I’m very happy with the five we scored,” said the Italian. “I’m not happy with the first 15, 20 minutes, where we struggled. The reason why we struggled is because we prepared the game to press them man to man and the first 15, 20 minutes we were not pressing them man to man. “After 15, 20 minutes we adjust that and the game was much better. For sure we could score more but five goals they are enough.” Southampton manager Russell Martin rued a costly “moment of madness” from skipper Stephens. The defender’s ridiculous red card was the headline mistake of a catalogue of errors from the beleaguered south-coast club as they slipped seven points from safety following an 11th defeat of a dismal season. “I don’t think anyone will be as disappointed as Jack,” Martin said of Stephens, who was sent off for the second time this term after tugging the curls of Cucurella as Saints prepared to take a corner. “I haven’t got to sit down and talk with him about that at all. He will be hurt more than anyone and it’s changed the game for us tonight, which is disappointing. “I think they have to describe it as violent conduct; it’s not violent really but there’s no other explanation for that really. It’s a moment of madness that’s really cost us and Jack.” Southampton repeatedly invited pressure with their risky attempts to play out from defence, with goalkeeper Joe Lumley gifting Chelsea their second goal, scored by Nkunku. While Saints were booed off at full-time, Martin, who was missing a host of key players due to injuries and suspensions, praised the effort of his depleted team. “When they see such a big scoreline and a couple of the goals we concede, I understand it (the jeers),” he said. “It’s football, it’s emotive, people feel so much about it, it’s why it’s such a special sport in this country and so big. “I understand it but I feel really proud of the players tonight, some of the football we played at 11 v 11 was amazing. “For an hour with 10 men we’ve dug in so deep, there were some big performances. I’m proud of them for that and I’m grateful for that because that’s not easy in that circumstance.”
LAS VEGAS (AP) — Formula 1 on Monday at last said it will expand its grid in 2026 to make room for an American team that is partnered with General Motors. “As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It’s an honor for General Motors and Cadillac to join the world’s premier racing series, and we’re committed to competing with passion and integrity to elevate the sport for race fans around the world," GM President Mark Reuss said. "This is a global stage for us to demonstrate GM’s engineering expertise and technology leadership at an entirely new level.” Javascript is required for you to be able to read premium content. Please enable it in your browser settings.The original case began when the young woman, a promising master’s student at a prestigious university in Shanxi province, was reported missing by her family and friends. The news of her disappearance spread quickly, with social media platforms and news outlets sharing her photo and details in hopes of aiding in her safe return.
BOSTON – Before media approached Julius Randle following Timberwolves practice Saturday, Randle shouted out an icebreaker, sensing the line of questioning that was to come. “I didn’t pass him the ... ball,” Randle said in a joking manner. “What else you got to ask?” Randle was referencing the moment that has marked the current nadir of this 8-7 season. It was a sequence that came in the fourth quarter of their 110-105 loss in Toronto on Thursday , when Randle didn’t throw Rudy Gobert the ball in the post after Gobert had posted up Scottie Barnes. Gobert, upset Randle didn’t throw him the ball, took his time getting out of the lane and drew a three-second violation as a result. The next trip down the floor, Gobert committed a silly foul on Barnes, Anthony Edwards started yelling at Gobert and Toronto took control of a close game as the Wolves lost control of their emotions. This prompted a frank discussion among the team after the game, and those discussions carried into the pre-practice talks Saturday. “I feel like we had a great practice. We had a great couple discussions,” Randle said, laughing. “I feel like today we came out with an attention to detail, the right mindset, and I think we’re gonna come out and perform great [Sunday].” Both Randle and Gobert addressed what happened in their interviews Saturday, with Gobert taking responsibility and apologizing for escalating his frustration. It’s not the first time that has happened with Gobert in his Wolves tenure. On the last day of the regular season in 2023, Gobert took a swing at Kyle Anderson during a timeout, and the team suspended him for its subsequent play-in game against the Lakers. Gobert and Anderson were fine moving forward. ”Like I told the guys, as someone who really is big on leading by example, my reaction was a bad example,” Gobert said. “I let my emotions, my frustration get the best of me and that’s not who I am. I was sorry for that. I know these guys know me, know who I am, they know everything I do is for my teammates, everything I do is to win, so when I have one of those moments, we know that it’s just a moment.” For his part, Randle said there was no “beef” between him and Gobert. “Rudy’s been great. I’ve had no problem with Rudy,” Randle said. “He’s been great communicating. I feel like Rudy is a great teammate and he brings a lot to our team and we need Rudy. I’ve been to Rudy’s house, there is no beef or any animosity. It’s basketball. Things happen. “Name a perfect family. I have never seen one. There’s always gonna be something. Things happen. You move forward with it. Me and Rudy are great. I’ve got no issue with him.” Edwards, who didn’t speak to the media Saturday, played a big part in the discussion after Thursday’s game, with Randle saying Edwards isn’t afraid to “speak his mind.” But he has the weight to do that because he is a positive presence in so many other moments. “He’s super unselfish and he lifts everybody up,” Randle said. “He really genuinely wants the best for everybody. You notice like after I hit the game-winning shot [against Phoenix], he was the first person to run up to me. When you lead with that type of pure heartedness, you have that right to be honest and call guys out, hold people accountable because you’re backing it up with your actions.” Coach Chris Finch said the team needed to regain its “spirit,” and Saturday’s was a good start at doing that. He said he has noticed multiple players on the team, not just Gobert, letting their individual performances affect their overall attitude. “I don’t think it’s a selfish thing in that regard,” Finch said. “... I think it’s more they’ve been a little disappointed and had a hard time hiding their emotions, and there’s a maturity and a toughness that comes with that.” He then added: “Mistakes are going to be made, people are going to miss you, coverages are going to be blown, shots are not going to go in, decisions might be right, might be wrong, it’s the reaction to all that stuff that you can control and we have to be better at.” Gobert was the most glaring example of that Thursday. He and Randle expressed confidence they will be able to move on from what happened, that this sort of thing pops up in the course of a long season. They’ll have a chance to move on from it Sunday against the defending champion Celtics. “People think great teams are the teams where the sky is always blue, everything is pretty and everyone is happy all the time,” Gobert said. “No, great teams, they know each other, care about one another and when somebody makes a mistake, mistakes happen, but when somebody drifts out a little bit, we talk and we get back on track.” Wolves at Celtics 2:30 p.m. Sunday, FanDuel Sports Network, iHeart app. Wolves update: Mike Conley is listed as out for the second game in a row after also sitting out Thursday’s game because of a left great toe sprain. Nickeil Alexander-Walker has started in his place twice this season when he has sat. Naz Reid, who appeared to get hurt late in Thursday’s game against Toronto, was not listed on the injury report. The Wolves will be seeking their first victory in Boston since 2005. That road losing streak is topped only by their streak in Toronto, which extends to 2004. Celtics update: Defending NBA champion Boston has made waves across the league this season for averaging 50.2 three-point attempts per game. The Celtics are hitting 37% of those and have the third-best offensive efficiency in the league. Jayson Tatum is averaging 29.1 points, 8.2 rebounds and a career high 6.1 assists per game. Derrick White is averaging a career-high 18.4 points per game while shooting 40% from three-point range.Big Oil Still Betting On Plastics Despite Sector Going Bust
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The departure of the unnamed star player, who has been a key figure in the team for several seasons, is set to signal the beginning of a new era at Old Trafford. Despite the player's contributions and loyalty to the club, Manchester United are willing to let him go in order to bring in a proven goal scorer who can lead the line effectively.NEW YORK (AP) — A gunman killed UnitedHealthcare’s CEO on Wednesday in a “brazen, targeted attack” outside a Manhattan hotel where the health insurer was holding its investor conference, police said, setting off a massive search for the fleeing assailant hours before the annual Rockefeller Center Christmas tree lighting nearby. Brian Thompson, 50, was shot around 6:45 a.m. as he walked alone to the New York Hilton Midtown from a nearby hotel, police said. The shooter appeared to be “lying in wait for several minutes” before approaching Thompson from behind and opening fire , New York City Police Commissioner Jessica Tisch said. Police had not yet established a motive. “Many people passed the suspect, but he appeared to wait for his intended target,” Tisch said, adding that the shooting "does not appear to be a random act of violence.” Surveillance video reviewed by investigators shows someone emerging from behind a parked car, pointing a gun at Thompson’s back, then firing multiple times from several feet away. The gunman continues firing, interrupted by a brief gun jam, as Thompson stumbles forward and falls to the sidewalk. He then walks past Thompson and out of the frame. “From watching the video, it does seem that he’s proficient in the use of firearms as he was able to clear the malfunctions pretty quickly,” NYPD Chief of Detectives Joseph Kenny said. Thompson was shot at least once in the back and once in the calf, Tisch said. The shooter, who wore a jacket, face mask and large backpack, fled through Midtown on foot before pedaling an electric bike into Central Park a few blocks away, police said. The assailant remained at large Wednesday afternoon, sparking a search that included police drones, helicopters and dogs. “Brian was a highly respected colleague and friend to all who worked with him,” the insurer’s Minnetonka, Minnesota-based parent company, UnitedHealth Group Inc., said in a statement. "We are working closely with the New York Police Department and ask for your patience and understanding during this difficult time.” Police issued a poster showing a surveillance image of the man pointing what appeared to be a gun and another image that appeared to show the same person on a bicycle. Minutes before the shooting, he stopped at a nearby Starbucks, according to additional surveillance photos released by police on Wednesday afternoon. They offered a reward of up to $10,000 for information leading to an arrest and conviction. Thompson’s wife, Paulette Thompson, told NBC News that he told her “there were some people that had been threatening him.” She didn’t have details but suggested the threats may have involved issues with insurance coverage. Eric Werner, the police chief in the Minneapolis suburb where Thompson lived, said his department had not received any reports of threats against the executive. The killing shook a part of New York City that's normally quiet at that hour, happening about four blocks from where tens of thousands of people were set to gather for Wednesday night’s tree lighting. Police promised extra security for the event. The hotel is also a short walk from other tourist sites, including the Museum of Modern Art and Radio City Music Hall, and is often dense with office workers and visitors on weekday mornings. Many security cameras are nearby. “We’re encouraging New Yorkers to go about their daily lives and their daily business but to be alert,” NYPD Chief of Department Jeffrey Maddrey said. Investigators recovered several 9 mm shell casings from outside the hotel and a cellphone from the alleyway through which the shooter fled. They were also searching Thompson's hotel room, interviewing his UnitedHealthcare colleagues and reviewing his social media, Kenny said. Police initially said the bicycle the shooter used to ride into Central Park came from the city’s bike-share program, CitiBike. But a spokesperson for Lyft, which operates the program, said they were informed by department officials Wednesday afternoon that the bike was not from the CitiBike fleet. Health care giant UnitedHealth Group was holding its annual meeting with investors to update Wall Street on the company's direction and expectations for the coming year. The company ended the conference early in the wake of Thompson's death. “I’m afraid that we — some of you may know we’re dealing with a very serious medical situation with one of our team members,” a company official told attendees, according to a transcript. “And as a result, I’m afraid we’re going to have to bring to a close the event today. ... I’m sure you’ll understand.” Thompson, a father of two sons, had been with the company since 2004 and served as CEO for more than three years. UnitedHealthcare is the largest provider of Medicare Advantage plans in the U.S. and manages health insurance coverage for employers and state-and federally funded Medicaid programs. Minnesota Gov. Tim Walz posted on the social platform X that the state is “sending our prayers to Brian’s family and the UnitedHealthcare team.” “This is horrifying news and a terrible loss for the business and health care community in Minnesota,” the Democrat wrote. Associated Press writers Tom Murphy in Indianapolis, Steve Karnowski in St. Paul, Minnesota, and Anthony Izaguirre in Albany, New York, contributed to this story.
Is Enron back? If it's a joke, some former employees aren't laughingHennessy Advisors, Inc. Announces Listing Transfer for the Hennessy Stance ESG ETF (STNC) to The Nasdaq Stock Market LLC
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