April 11, 2024

FC Barcelona and EBC Financial Group to Establish Official Foreign Exchange Partnership for the Next 3.5 Years

Originating from London, EBC Financial Group aims to build leadership in finance through becoming the Club’s official foreign exchange partner across Asia, Central and South America, the Middle East, Africa, and Oceania.

EBC Financial Group: Proud Official Partner of FC Barcelona

EBC Financial Group officially partners with FC Barcelona for a 3.5-year foreign exchange alliance.

BARCELONA, April 11, 2024 (GLOBE NEWSWIRE) — FC Barcelona and EBC Financial Group (EBC) are pleased to announce their partnership in the foreign exchange sector across multiple regions for 3.5 years, commencing today. This partnership designates EBC as FC Barcelona’s official Partner in Foreign Exchange, with coverage extending to regions including APAC, LATAM, the Middle East, and Africa.

This partnership marks a significant milestone for EBC, aligning the brand with the respected legacy and global reach of FC Barcelona. Under this exclusive agreement, EBC is granted the unique privilege to engage in specialized business activities within the foreign exchange domain. The partnership encompasses a range of services, including foreign exchange transactions, trading, brokering (including CFDs), and advisory services.

Through this alliance, EBC is set to innovate and inspire, drawing on the club’s rich cultural heritage and passionate fanbase to cultivate meaningful engagement and establish a lasting presence in key regions with a brand-new audience, fostering connections with a vibrant, global community that transcend traditional market boundaries. It is also an unparalleled opportunity to bring FC Barcelona closer to its partners, supporters, and Culers in these regions, alongside its global expansion strategy to grow and continue to lead the industry via exploring the right partners in different sectors.

EBC Financial Group, founded in the esteemed financial centre of London, is a comprehensive financial services group renowned for its expertise in online trading, asset management and investment consultation. With offices strategically located in prominent financial centres, such as London, Hong Kong, Tokyo, Sydney, the Cayman Islands, Singapore, Bangkok, Limassol, and more, EBC caters to a diverse clientele of retail, professional and institutional investors worldwide. Known for its institutional-grade trading environment, the group provides tailor-made financial brokerage, trading services, and an extensive array of investment solutions.

A signing event to commemorate this significant milestone between the Club and EBC will be held at the revamped Spotify Camp Nou at a later date.

Strategic Alliance Sealed: EBC Financial Group Joins Forces with FC Barcelona

EBC Financial Group and FC Barcelona, alongside President Joan Laporta, celebrate the union of finance and football with a ceremonial jersey exchange.

Statement by Samuel Hertz, APAC Director of Operations at EBC Financial Group and David Barrett, CEO of EBC Financial Group (UK) Ltd:

“Even though EBC is only four years old, we’ve only grown because we demand the best from ourselves and the industry. We’ve delved deep into FC Barcelona’s storied history, learning from their culture of mentorship where the experienced guide the new, and the new inspire the younger, creating a continuum of growth and excellence. This isn’t just a partnership; it’s a shared journey towards greatness, embodying a culture where success is not just about winning but about fostering values, nurturing talent, and contributing positively to society. We’re inspired by Barca’s way of doing things, their culture where veterans nurture newcomers, passing on wisdom and passion. Our choice of FC Barcelona as a partner is deliberate and profound; it’s about learning from the best and embedding their ethos of teamwork, respect, and ambition into our DNA,” stated Samuel Hertz, APAC Director of Operations at EBC Financial Group.

David Barrett, CEO of EBC Financial Group (UK) Limited, the UK subsidiary of EBC Financial Group added, “Being able to forge a partnership with such a strong and respected brand as FC Barcelona underlines the groups ambition to always push ourselves to the highest levels of achievement as possible. EBC Financial Group has firms regulated in the UK by the FCA, Australia by ASIC and the Caymans by CIMA – all highly respected global centres in financial markets – this partnership with FC Barcelona underlines our efforts to align and partner with the best in all aspects.”

Statement by Juli Guiu, Marketing Area Vice President at FC Barcelona:

“This partnership coincides with FC Barcelona’s global expansion plan in recent years, I’m sure that this will help the Club open up a wealth of opportunities in the financial sector through these 3.5 years of partnership with the well-renowned EBC Financial Group. With the untapped potentials we see in the Asia Pacific region, as well as the growing economies in South & Central America, Mexico, Africa, and Middle East, we’re excited to build more connections with brands, partners, supporters, and Culers in these regions.”

About EBC Financial Group
Founded in the esteemed financial district of London, EBC Financial Group (EBC) is renowned for its comprehensive suite of services that includes financial brokerage, asset management, and comprehensive investment solutions. With offices strategically located in prominent financial centres, such as London, Sydney, Hong Kong, Tokyo, Singapore, the Cayman Islands, Bangkok, Limassol, and more, EBC caters to a diverse clientele of retail, professional, and institutional investors worldwide.

Recognised by multiple awards, EBC prides itself on adhering to the highest levels of ethical standards and international regulation. EBC Financial Group (UK) Limited is regulated by the UK’s Financial Conduct Authority (FCA), EBC Financial Group (Australia) Pty Ltd is regulated by Australia’s Securities and Investments Commission (ASIC), and EBC Financial Group (Cayman) Limited is regulated by the Cayman Islands Monetary Authority (CIMA).

At the core of EBC Group are seasoned professionals with over 30 years of profound experience in major financial institutions, having adeptly navigated through significant economic cycles from the Plaza Accord to the 2015 Swiss franc crisis. EBC champions a culture where integrity, respect, and client asset security are paramount, ensuring that every investor engagement is treated with the utmost seriousness it deserves.

https://www.ebc.com/

About FC Barcelona
FC Barcelona was founded in 1899 and is currently owned by its more than 144,000 members. It is considered the finest multi-sports club in the world and has 125 years of history. Although rooted in its city and its country, Catalonia, its outlook is global. It has official offices in cities in three different continents: Barcelona, Hong Kong, and New York.

Barça seeks to change the world through sporting excellence. This also includes the world of knowledge and innovation through the Barça Innovation Hub (BIHUB). The club is also recognised for its commitment to social causes, which it channels through the FC Barcelona Foundation, and for its work to educate children in the positive values of sport. Barça’s growth in recent years has led it to have more than 486 million followers on social networks.

www.fcbarcelona.com

Media Contact:
Douglas Chew
douglas.chew@ebc.com

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/4b03d2a3-2caa-4e2a-a1cd-aa739ccaf676

https://www.globenewswire.com/NewsRoom/AttachmentNg/b5d1d1b6-ad04-4056-901b-fe69df1eae6b

GlobeNewswire Distribution ID 9088105

April 11, 2024

China’s First Batch of Imported Washed Feather and Down, Pilot Goods for Customs Clearance Supervision Reform, Successfully Cleared Customs in Guangxi

The Publicity Department of Gangnan District, Guigang

GUIGANG, China, Apr. 11, 2024 /Xinhua-AsiaNet/– “The goods were shipped from overseas to Guigang and cleared customs in just eight days. This new model is 17 days faster than the traditional customs clearance via Hong Kong, significantly reducing time and economic costs!” said Yang Chaodong, General Manager of Jialu Feather Products Co., Ltd. in Guigang. On March 28, a shipment of approximately 18.5 tons of washed white duck feathers imported by the company through Qinzhou Port passed customs inspection smoothly after joint supervision by Qinzhou Port Customs and Guigang Customs, marking the successful implementation of the General Administration of Customs’ pilot reform of imported washed feather and down customs clearance supervision in Guigang, Guangxi Zhuang Autonomous Region.

Tao Jianquan, Secretary of the Gangnan District Committee of Guigang City, introduced that the down industry is a traditional advantageous industry in the Gangnan District of Guigang. There are currently 170 feather and down processing enterprises, processing approximately 90,000 tons of feathers and down per year, accounting for about 28% of China’s total feather and down processing volume and 18% of the world’s total.

In recent years, Guigang has seized the opportunities of the construction of the Western Land-Sea Corridor, implemented a three-year action plan for industrial transformation and upgrading, in a bid to optimize the business environment and promote the upgrading of the down industry. As a result, a complete industry chain from primary feather sorting and processing to washed feather and down processing and down product processing has taken shape. In 2023, the total output value of the down industry in the Gangnan District of Guigang reached 4.7 billion yuan, according to the Publicity Department of Gangnan District. However, about 40% of the raw materials need to be imported from abroad, with an annual import demand of 30,000 to 50,000 tons.

In order to support the upgrading and development of the down industry in Guangxi, the General Administration of Customs recently issued a pilot reform plan for imported washed feather and down customs clearance supervision, aiming to leverage the supervision resource advantages of Qinzhou Port, Guigang Port, and local customs to optimize the customs clearance supervision operation mode for imported washed feather and down. To that end, a spate of measures, such as coordinated inspections between the entry port and the local port, risk prevention and control through customs-local coordinated linkage, technology-enabled intelligent supervision in the transfer process, and strengthening the primary responsibility of pilot enterprises, were implemented.

Since the start of the pilot work, Nanning Customs has set up a special working group to organize participating subordinate customs to carry out field surveys, refine supervision operation guidelines, and improve emergency response plans. Moreover, it teamed up with the governmental departments to develop epidemic prevention and control plans, guide the upgrade of smart quarantine facilities at relevant ports, and strengthen self-discipline guidance and supervision of pilot enterprises. Additionally, a one-on-one pilot work communication mechanism between customs and enterprises has been established to promptly resolve issues related to the pilot enterprises, so as to ensure the smooth implementation of the pilot reform.

The planned grade of the Pingtang River Estuary-Luwu Town Canal (Pinglu Canal) under construction in Guangxi is Class I for inland waterways, allowing for the navigation of 5,000-ton vessels. Once the canal is opened, imported washed feather and down in Guigang can directly transfer from Qinzhou Port to the canal waterway, reaching Guigang Port in half a day. The opening of the canal will contribute to the aggregation of the down industry in Guigang and driving high-quality development. Currently, the down industry in Guigang has garnered the attention of several well-known down product companies, further highlighting the agglomeration effect of the industrial cluster.

Source: The Publicity Department of Gangnan District, Guigang

April 11, 2024

Mango Industry Leads Baise onto the Bright “Mango” Road to Rural Revitalization

Baise Fruit Industry Development Center

BAISE, China, Apr. 11, 2024 /Xinhua-AsiaNet/– Baise City in the Guangxi Zhuang Autonomous Region is one of the major mango producing areas in China. After 40 years of development, it has become the “golden key” to prosperity for the people in Baise. In recent years, leveraging its advantages in mango cultivation areas, Baise has rapidly formed a robust industrial chain. According to Baise Fruit Industry Development Center, in 2023, the total mango area in Baise reached 1.37 million mu (roughly 913.33 square kilometers), accounting for approximately 24.19% of the total mango area in China; the output was 1.25 million tons, representing about 27.8% of the total national mango production, with a comprehensive output value of 19.2 billion yuan. The continuous breakthrough of double “million” targets in planting area and output has made Baise the largest mango production base among prefecture-level cities in the country.

Mango planting, as a labor-intensive industry, has played an important role in national strategies such as poverty alleviation and rural revitalization. In the main mango-producing area of Baise, relying on 9 autonomous region-level leading enterprises, 27 core mango planting demonstration areas at the county level and above have been established, which integrates sightseeing tourism and leisure. The demonstration areas at the autonomous region, city, and county levels have played a full role in driving the economic growth in surrounding areas, lifting nearly 200,000 people out of poverty. In 2016, at the National Industry Poverty Alleviation Conference, Guangxi mango became one of the top ten characteristic industry poverty alleviation examples promoted nationwide; in 2020, “Guangxi Tiandong: Technology Leads Green Drive – Mango Turns into Gold” was selected as one of the 100 typical cases of industry poverty alleviation by the State Council Poverty Alleviation Office.

Baise has played the “Technology Card” effectively. The rapid development of planting, output, and output value has stimulated the intrinsic power of the research and development system. Focusing on key issues in the seed industry, Baise has not only built a big data platform for the mango industry but also implemented projects for digitalizing this industry and established a smart cloud platform to develop digital agriculture. In addition, efforts have been intensified to enhance germplasm resources, focusing on research in mango breeding technology and germplasm innovation, new technologies for facility planting, and a total of 107,000 farmers have been trained.

Baise has used the “Industry Card” effectively. As of 2023, the city had introduced 14 enterprises for deep processing of mangoes. The city’s capacity for deep processing of mangoes has reached 300,000 tons, with an output value exceeding 1.5 billion yuan, significantly increasing the added value of products. Simultaneously, it has established the largest mango deep processing production area in the country. In 2023, at the China Mango Industry Development Conference held in Baise, Baise mango, with a brand value of 10.556 billion yuan, ranked 32nd on the national regional brand (geographical indication) top 100 list.

Baise has played the “Service Card” effectively. By constructing logistics cold chain and sorting bases, introducing logistics companies such as SF Express, Sanke, and CIMC to build large-scale warehousing logistics, adding 152,000 tons of room temperature warehousing capacity and 58,000 tons of low-temperature warehousing capacity, it has enhanced its capacity of risk control for the mango industry.

Baise, by creating a powerful characteristic mango industry cluster covering production, processing, circulation, research, and service, has developed “small mangoes” into a “big industry”.

Source: Baise Fruit Industry Development Center

April 11, 2024

SAN LOSS ALERT: ROSEN, NATIONAL TRIAL COUNSEL, Encourages Banco Santander, S.A. Investors to Inquire About Securities Class Action Investigation – SAN

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Banco Santander, S.A. (NYSE: SAN) resulting from allegations that Santander may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Santander securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=22671 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On February 5, 2024, the Financial Times published an article entitled “Iran used Lloyds and Santander accounts to evade sanctions.” This article stated, in part that “Santander UK provided accounts to British front companies secretly owned by a sanctioned Iranian petrochemicals company based near Buckingham Palace, according to documents seen by the Financial Times.”

On this news, Santander’s American Depositary Shares (“ADSs”) fell $0.24 per ADS, or 5.7%, to close at $3.94 per ADS on February 5, 2024.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

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The Rosen Law Firm, P.A.
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April 11, 2024

EQIX INVESTOR NOTICE: ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Equinix, Inc. Investors to Inquire About Securities Class Action Investigation – EQIX

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Equinix Inc. (NASDAQ: EQIX) resulting from allegations that Equinix may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Equinix securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=23498 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On March 20, 2024, before the market opened, Hindenburg Research released a report entitled “Equinix Exposed: Major Accounting Manipulation, Core Business Decay And Selling an AI Pipe Dream As Insiders Cashed Out Hundreds of Millions.” In part, Hindenburg stated its “investigation, which included a review of financial and litigation records and interviews with 37 former Equinix employees, industry experts and competitors, revealed that Equinix manipulates its accounting for AFFO (“adjusted funds from operations”), the key profitability metric for REITs [“(Real Estate Investment Trust”)]. We estimate this metric was overstated by at least 22% in 2023 alone.”

On this news, Equinix’s stock fell $19.70 per share, or 2.3%, to close at $824.88 per share on March 20, 2024.

Then, on March 25, 2024, Equinix filed an 8-K with the U.S. Securities and Exchange Commission, which contained a press release in which Equinix announced that the Audit Committee of the Company’s Board of Directors had commenced an independent investigation to review the matters referenced in the Hindenburg report. Equinix also announced that it had received a subpoena from the U.S. Attorney’s Office for the Northern District of California shortly after the release of the Hindenburg report.

On this news, Equinix’s stock fell $8.45 per share, or 1.1%, to close at $792.52 per share on March 25, 2024.

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April 11, 2024

ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages Envoy Medical, Inc. Investors to Inquire About Securities Class Action Investigation – COCH

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Envoy Medical, Inc. (NASDAQ: COCH) resulting from allegations that Envoy may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Envoy securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=21369 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On December 19, 2023, Envoy disclosed in a filing with the U.S. Securities and Exchange Commission that “[o]n December 14, 2023, the audit committee (the ‘Audit Committee’) of the board of directors of Envoy … concluded that the Company’s previously issued unaudited interim financial statements included in the Company’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2023 (the ‘Previous Financial Statements’ and such period, the ‘Affected Period’), should no longer be relied upon.”

Envoy stated that “[t]he determination relates to the Company’s interpretation of the accounting guidance applicable to the forward purchase agreement, dated April 17, 2023, by and among the Company, Envoy Medical Corporation, Meteora Special Opportunity Fund I, LP, Meteora Capital Partners, LP, Meteora Select Trading Opportunities Master, LP and Meteora Strategic Capital, LLC (as amended to date, the ‘FPA’). The Company expects to restate the accounting treatment of the FPA for the Affected Period to reclassify the prepayment amount[.]” Envoy further stated “that the error above is consistent with the Company’s existing material weaknesses in internal control over financial reporting as of September 30, 2023, as previously disclosed in the Company’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2023.”

On this news, Envoy’s stock price fell $0.27 per share, or 10%, to close at $2.25 per share on December 20, 2023.

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GlobeNewswire Distribution ID 9087772

April 11, 2024

ROSEN, A LEADING LAW FIRM, Encourages Waldencast plc Investors to Inquire About Securities Class Action Investigation – WALD, WALDW

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Waldencast plc (NASDAQ: WALD, WALDW) resulting from allegations that Waldencast may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Waldencast securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=18362 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On July 5, 2023, after the market closed, Waldencast filed a current report with the Securities and Exchange Commission in which it disclosed, among other things, that it intended to “restate its consolidated financial statements for the Relevant Periods”, which were the periods ending December 31, 2021, March 31, 2022, June 30, 2022, and September 30, 2022. Waldencast announced it had “determined that a material weakness existed in the Company’s internal control over financial reporting during the relevant periods.”

On this news, Waldencast’s stock fell $0.76 per share, or 10%, to close at $6.63 per share on July 6, 2023.

Then, on January 16, 2024, Waldencast reported its financial results for the fiscal year ended December 31, 2022, which included restated financial statements.

On this news, Waldencast’s stock fell $1.57 per share, or 15%, to close at $8.70 per share on January 16, 2024.

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GlobeNewswire Distribution ID 9087744

April 11, 2024

ROSEN, NATIONALLY REGARDED INVESTOR COUNSEL, Encourages bluebird bio Inc. Investors to Inquire About Securities Class Action Investigation – BLUE

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of bluebird bio Inc. (NASDAQ: BLUE) resulting from allegations that bluebird may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased bluebird securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=23843 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On March 26, 2024, before the market opened, bluebird filed an 8-K with the SEC in which it announced, “[o]n March 24, 2024, the Audit Committee of the Board of Directors (the “Audit Committee”) of the Company, based on the recommendation of management and after consultation with EY, concluded that the Company’s previously-issued audited consolidated financial statements for each fiscal year beginning January 1, 2019 and its previously-issued unaudited interim condensed consolidated financial statements for each of the first three quarters in such years, as well as the associated earnings releases and investor presentations or other communications describing such financial statements, were materially misstated and, accordingly, should no longer be relied upon.”

On this news, bluebird’s stock fell $0.16 per share, or 11.8%, to close at $1.20 per share on March 26, 2024.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

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GlobeNewswire Distribution ID 9087732