EvoTec Power Set to Showcase Innovative Alternator Solutions at Middle East Energy 2024

ANHUI, China, April 15, 2024 (GLOBE NEWSWIRE) — EvoTec Power, a leading China generator manufacturer, is set to exhibit its alternator innovations at the Middle East Energy exhibition from April 16th to 18th, 2024, at the Dubai World Trade Centre, UAE. Visit EvoTec Power at Stand No. S2. F40 to explore their cutting-edge solutions for the energy sector.

Middle East Energy is the region’s largest energy exhibition and conference, attracting over 1,300 exhibitors from around the world. The event provides a platform for companies to showcase their products and solutions across various energy sectors, including critical and backup power, energy storage, transmission and distribution, renewable and clean energy, energy consumption and management, and smart solutions.

EvoTec Power will be highlighting three of its groundbreaking alternator products:

  1. TH528 High-Voltage Series Generator: This high-efficiency, high-output alternator supports generators with a maximum voltage of up to 13800V and a top power output of 2750 kVA. Its unique design offers excellent energy conversion efficiency, optimal ventilation, and easy maintenance.
  2. TCM288 Series Marine Alternator: Designed specifically for marine applications, the TCM288 series offers power ranging from 188 to 281kVA. This waterproof alternator series features high operating efficiency and fast response speed. With additional marine varnish, it is moisture-proof, mold-proof, and anti-fogging, making it perfect for ships operating in oceanic environments.
  3. TCU188 Series Industrial Generator: The TCU188 series alternator provides reliable performance in industrial settings, with a power range of 25/54kVA. Its short structure, shockproof design, and additional marine varnish ensure durability and extended service life.

EvoTec Power’s alternators are equipped with advanced features such as high response speed, fast start-up, and superior overload capacity, making them the preferred choice for various industries, including energy, telecommunications, mining, and marine.

About EvoTec Power:
Established in 2011, EvoTec Power holds more than 45 national patents and aims to become the leading alternator manufacturer brand worldwide. With a strong focus on product quality and reliability, EvoTec Power ensures a 100% product qualification rate and strives for a ≧97% satisfaction rate for its products and services.

To learn more about EvoTec Power’s innovative alternator solutions, visit Stand No. S2. F40 at Middle East Energy 2024 or explore their website at https://en.evotecpower.com/.

Media Contact
Company Name: EvoTec Power Generation Co., Ltd.
Website: https://en.evotecpower.com/
Telephone: 400-880-5328
Email: info@evotecpower.com

GlobeNewswire Distribution ID 9089322

Unprecedented call for reform of global finance to fix debt & climate crises – Project Everyone letter

Stephen Fry, Annie Lennox, Christiana Figueres, Forest Whitaker, David Miliband, Graça Machel, Helen Clark and Paul Polman among 100+ signatories of letter to G20 leaders

LONDON, April 14, 2024 (GLOBE NEWSWIRE) — Eighty years on from the establishment of the International Monetary Fund and World Bank, a coalition of leading actors, politicians, artists and economists have written to leaders of the world’s major economies, urging them to upgrade the global financial system to solve the debt and climate crises and achieve the Sustainable Development Goals.

The letter is being published ahead of World Bank and IMF Spring Meetings and builds on calls for global public finance reform led by Barbados Prime Minister Mia Mottley, Kenyan President William Ruto, and French President Emmanuel Macron.

It urges rich countries to triple their investment in multilateral development banks, end crippling debt, and make polluters pay for the environmental damage they cause.

Signatories include economist Mariana Mazzucato, businessman Dr. Mo Ibrahim, actor Dia Mirza, former politicians Rory Stewart, Joyce Banda, Heidemarie Wieczorek-Zeul and Helle Thorning-Schmidt, and filmmakers Richard Curtis, Juliano Ribeiro Salgado and KondZilla.

“The institutions of world finance have lost their muscle,” the letter reads. “The world is rocked by conflict, food insecurity, biodiversity loss, and spiralling inflation. All of which are compounded by the devastation wrought by climate change. The Sustainable Development Goals are under threat. Too many feel scarcity, austerity, despair.”

Dr Joyce Banda, Former President of the Republic of Malawi: “As African leaders, we need to invest in resilience, education, health and nutrition but we’re being held back by unfair debt. Climate change has brought untold suffering to our people through loss of infrastructure and arable lands, leading to incessant hunger. We have no choice but to borrow more, perpetuating the vicious cycle. This has to stop. It’s time to transform global public finance to pave the way for a fairer, more stable future for all.”

David Miliband, President and CEO of the International Rescue Committee: “Climate, conflict and poverty are closely linked – the world’s most fragile and conflict-affected states are often the most climate-vulnerable. To end extreme poverty and unlock sustainable development, G20 leaders should back financial architecture reform, deliver more concessional finance via the World Bank’s International Development Association, and work with civil society to ensure the money gets to where it’s needed most.”

The letter – also signed by Save The Children, ONE Campaign, Oxfam, Project Everyone and Christian Aid – urges the leaders of the world’s major economies to seize the opportunity of reform: “Change is already underway. The architects of the World Bank and the IMF earned their place in history. This is your chance to fulfil their promise: to transform these instruments for peace and prosperity and truly set them to work in our common interest.”

GlobeNewswire Distribution ID 1000934628

NOVA IMPORTANT DEADLINE: ROSEN, A LEADING NATIONAL FIRM, Encourages Sunnova Energy International Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important April 16 Deadline in Securities Class Action – NOVA

NEW YORK, April 14, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Sunnova Energy International Inc. (NYSE: NOVA) between February 25, 2020 and December 7, 2023, both dates inclusive (the “Class Period”), of the important April 16, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Sunnova securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Sunnova class action, go to https://rosenlegal.com/submit-form/?case_id=22626 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 16, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. 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.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Sunnova routinely engaged in predatory business practices against disadvantaged homeowners and communities, the same groups that Project Hestia, an agreement with Sunnova and the U.S. Department of Energy’s Loan Programs Office to support solar loans originated by Sunnova under a new solar loan channel, was purportedly intended to benefit; (2) the foregoing conduct subjected Sunnova to a heightened risk of regulatory and/or governmental scrutiny, as well as significant reputational and/or financial harm; and (3) as a result, Sunnova’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Sunnova class action, go to https://rosenlegal.com/submit-form/?case_id=22626 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9089070

ROSEN, A LEADING LAW FIRM, Encourages Dick’s Sporting Goods, Inc. Investors with Losses in Excess of $100k to Secure Counsel Before Important April 22 Deadline in Securities Class Action – DKS

NEW YORK, April 14, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Dick’s Sporting Goods, Inc. (NYSE: DKS) between May 25, 2022 and August 21, 2023, both dates inclusive (the “Class Period”), of the important April 22, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Dick’s Sporting Goods common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Dick’s Sporting Goods class action, go to https://rosenlegal.com/submit-form/?case_id=22701 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 22, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. 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.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) demand for products in Dick’s Sporting Goods’ Outdoor segment was slowing faster than defendants represented, resulting in excess inventory; (2) the “structural changes” that defendants repeatedly touted, including differentiated products, improved pricing technology, and more efficient clearance channels, did not allow Dick’s Sporting Goods to manage its excess inventory without hurting its profitability; (3) the need to liquidate excess inventory, including in the Outdoor segment, would have a materially negative effect on Dick’s Sporting Goods’ profitability; and (4) as a result of the foregoing, defendants’ statements about Dick’s Sporting Goods’ business condition and prospects were materially false and misleading when made. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Dick’s Sporting Goods class action, go to https://rosenlegal.com/submit-form/?case_id=22701 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9089232

AMPL FINAL DEADLINE: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Amplitude, Inc. Investors to Secure Counsel Before Important April 15 Deadline in Securities Class Action – AMPL

 

NEW YORK, April 14, 2024 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of stock of Amplitude, Inc. (NASDAQ: AMPL) between September 21, 2021 and February 16, 2022, both dates inclusive (the “Class Period”), of the important April 15, 2024 lead plaintiff deadline.

SO WHAT: If you purchased Amplitude stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Amplitude class action, go to https://rosenlegal.com/submit-form/?case_id=22584 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 15, 2024. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. 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.

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Amplitude’s land-and-expand strategy was years away from significantly accelerating revenues among its newer client cohorts; (2) the rapid acceleration in Amplitude’s second quarter 2021 results resulted from the ephemeral effects of the COVID-19 pandemic which had not continued by the start of the Class Period, as Amplitude clients were expanding at a slower pace; and (3) as a result, Amplitude’s business, operations, financial results, and prospects were materially worse than represented to investors during the Class Period. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Amplitude class action, go to https://rosenlegal.com/submit-form/?case_id=22584 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
case@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 9089230

Dadhahoy Construction Technology Limited Faces Regulatory Scrutiny for Compliance Failures

Karachi, The Pakistan Stock Exchange (PSX) has issued a formal notice to Dadhahoy Construction Technology Limited (DCTL), highlighting the company’s failure to comply with multiple regulatory requirements. According to a PSX letter dated March 13, 2024, DCTL has not shown significant progress in addressing issues previously identified under PSX Regulations 5.11.1.(b), (c), (d), (i), and (I).

The PSX has mandated DCTL to provide a copy of its application to the Securities and Exchange Commission of Pakistan (SECP) regarding the holding of overdue Annual General Meetings (AGMs). Additionally, DCTL is required to submit an updated status of its efforts to rectify the identified non-compliances and to disseminate a detailed progress report through the Public Companies Accounting and Reporting System (PUCARS) to inform market participants of its actions.

In response, DCTL has been actively auditing its financial statements for the fiscal years from 2019 to 2023. These audits are part of the company's preparation for compliance, and the financial statements have been prepared on a going concern basis, which indicates management’s belief in the company’s ability to continue operating in the foreseeable future. The company attributes this outlook to several strategic initiatives, including land acquisitions for development projects and potential mergers with other real estate entities.

Furthermore, DCTL is in the process of organizing its overdue AGMs. A recent circular from the SECP has clarified certain legislative intentions that may affect how these meetings are conducted, potentially allowing the company to rectify its non-compliance without needing further directives under Section 147 of the Companies Act 2017.

Finally, DCTL has committed to ensuring that all developments and compliance efforts are reported through PUCARS as stipulated by the PSX. The company has assured stakeholders that there will be no further delays in meeting its regulatory obligations and expects to achieve full compliance shortly.

HBL Growth Fund Announces Annual Dividend, Reports EPS of Rs 6.01 for First Quarter

Karachi, The HBL Growth Fund - (A) NC (HGFA) today announced an annual dividend of 12% for the fiscal year ending June 7, 2023. The fund, listed on the Pakistan Stock Exchange since 1980, reported an earnings per share (EPS) of Rs 6.01 for the first quarter of 2024. The closing daily weighted average rate stood at Rs 7.23 with a low of Rs 7.14. The fund has a paid-up capital of Rs 2,835.00 million.

Murree Brewery Reports Significant Dividend Increase

Rawalpindi, Murree Brewery Company, listed as MUREB on the Pakistan Stock Exchange, announced significant dividend distributions today. The company's earnings per share (EPS) from January to March 2024 is Rs. 305. Murree Brewery's share price peaked at Rs. 394.58 and dipped to a low of Rs. 276.64 with a daily weighted average rate of Rs. 391.94. The dividends declared include 350% on par value, 100% market lot, and an additional 155% for the second interim period. The previous book closure was on March 5, 2024. Murree Brewery has been listed since 1949.

Tri-Star Mutual Fund NC Reports No Dividend, EPS of Rs 4 for First Quarter

Karachi, Tri-Star Mutual Fund NC (TSMF) reported no dividend distribution for the fiscal year and an EPS of Rs 4 for the first quarter of 2024. The fund, which has a modest paid-up capital of Rs 50.00 million, was listed on the Pakistan Stock Exchange in 1994. The closing rate for the stock was Rs 5.00, with no recorded high or low rates for the day.

National Foods Announces Dividend and Performance Metrics

Karachi, National Foods Ltd., with the stock code NATF, today declared an annual dividend of 100%, a 50% market lot, and an interim dividend of 30% for the first period. The company's shares have been actively traded, with today's rate standing at Rs. 162.41 and a daily weighted average rate of Rs. 162.39. The turnover volume reached 1,165.58 million. National Foods reported an EPS of Rs. 134.18 for January to March 2024. The company has been listed on the Pakistan Stock Exchange since 1989, with the previous book closure on March 11, 2024.

B.F. Modaraba Announces EPS of Rs 4.5 in Recent Quarter

Karachi, B.F. Modaraba (BFMOD), a fixture on the Pakistan Stock Exchange since 1989, today disclosed an earnings per share of Rs 4.5 for the January to March 2024 period. With a paid-up capital of Rs 75.15 million, the company confirmed that no dividends were distributed during this quarter.

Nestle Pakistan Posts High Earnings Amid Strong Sales

Lahore, Nestle Pakistan Ltd., trading under the symbol NESTLE, today reported a significant earnings per share of Rs. 7000.3 for the first quarter of 2024. The company's stock reached a high of Rs. 7525.00 and maintained a daily weighted average of Rs. 7517.33 with minimal turnover. Nestle Pakistan announced a 3350% dividend on par value and a 1930% market lot. The shares are listed since 1980, and the last book closure was on April 11, 2024.