State Grid Dezhou Power Supply Company: Adequate Electricity Escorts Rural Revitalization and Prosperity Path

DEZHOU, China, Oct. 1, 2024 /PRNewswire/ -- Wang Shiying Village, Chaihudian Town, Ningjin County, Dezhou City, Shandong Province, is the largest independently developed loach breeding base in Dezhou City and a national benchmark for loach breeding technology. It has been awarded the title of "Shandong Province Rural Revitalization Demonstration Base" and relies on the characteristic breeding industry of loach locusts. Wang Shiying Village has explored a path to prosperity through the integrated development of the primary, secondary, and tertiary industries in rural areas, gradually achieving village beauty, industrial prosperity, collective strength, and public wealth.

In order to increase aquaculture production, Wang Shiying Village pioneered indoor ecological circular aquaculture, developed a smart fishery system, promoted standardization and proceduralization of aquaculture technology, and achieved a new model of indoor and outdoor dual wheel drive aquaculture, increasing aquaculture production by 20 times in the same area. At present, it is a critical period for the breeding of loaches, and it is required that the power supply cannot be stopped for a moment. On September 31st, Zhu Jianzhi and Liu Zhanhong, employees of the Chaihudian Power Supply Station of State Grid Dezhou Power Supply Company, rushed to Wang Shiying Village early in the morning to inspect the line equipment, understand the power consumption of the breeding base, assist the base manager in checking the operation status of the power equipment in the base, and replace damaged lines, old switches and other equipment.

In order to strengthen the entire industry chain of loach, Wang Shiying Village has partnered with South Korean Mingjun Group to launch a loach deep processing project with a total investment of 100 million yuan. Two fully automatic production lines will be installed, which can process 8000 tons of loach food annually. It is expected to achieve an annual sales revenue of over 300 million yuan, a net profit of over 75 million yuan, an increase in village collective income of over 700000 yuan, and drive employment for 80 villagers. State Grid Dezhou Power Supply Company is fully committed to ensuring power supply, accelerating the transformation and upgrading of rural power grids, comprehensively optimizing the power grid architecture, and building and renovating more than 200 meters of low-voltage cable lines and 200 kilovolt ampere transformers to further enhance the reliability of power supply and ensure worry free electricity supply for rural production.

"After the completion of the power grid renovation in the village, on the basis of loach farming, our village raised funds to build a 78 acre locust breeding base, which can drive the village collective to increase annual income by 150000 yuan. The days are getting better and better, "said Chen Xuyong, Secretary of the Party Branch of Wang Shiying Village, Chaihudian Town, Ningjin County, Dezhou City.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

State Grid Dezhou Power Supply Company: Adequate Electricity Escorts Rural Revitalization and Prosperity Path

Brankas today released a new report analyzing the state of open banking readiness in Southeast Asia, focusing on Thailand, the Philippines, and Indonesia.

BANGKOK, Oct. 1, 2024 /PRNewswire/ -- Brankas today released a new report analyzing the state of open banking readiness in Southeast Asia, focusing on Thailand, the Philippines, and Indonesia. The report, based on interviews with senior banking and financial services executives in the region, provides a detailed assessment of the open banking progress made in each country, how customer needs are understood and addressed, and which regulator approaches have worked to incentivize open banking adoption — from the banks' perspective.

Across all three jurisdictions, it was agreed that the adoption of open banking will require significant investments from traditional banks both in API development and other supporting infrastructure. Southeast Asian banks are still early in the transition today.

The emergence of new business models was mentioned as a driving force as different banks look at markets differently to drive their own strategies and meet the demands of their customer bases. Many banks have begun to engage markets in new ways, particularly through bilateral partnerships with innovative players to expand their service offerings. However, there is a continued emphasis for banks to control customer data to maintain competitive advantage.

To download a copy of the report, please visit the download page here. Watch a summary from August 2024 of another financial services executive video interview series by Brankas at Techsauce Global Summit 2024 in Bangkok.

About Brankas

Brankas is a leading global open finance technology provider. We provide API-based solutions, data and payments solutions for financial service providers (like banks, lenders and e-wallets) and online businesses. Brankas partners with banks to build and manage their open finance compliance solution, producing APIs for real-time payments, identity and data, new account opening, remittances, and more. With Brankas' secure open banking technology, online businesses, fintech companies and digital banks can use Brankas APIs to create new digital experiences for their users.

Media Enquiries: 

Yiyang Teo
yiyang.teo@brank.as

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

"Significant API Investments from Banks needed" says Southeast Asia Banking Executives in new Open Banking Readiness Report by Brankas