CHONGQING, China, Oct. 9, 2024 /PRNewswire/ -- Hongqi Auto recently participated in the Automotive New Quality Productive Force Development Forum, showcasing its achievements in the brand exhibition area. As a premium automotive brand under FAW Group ("FAW"), Hongqi is dedicated to delivering exceptional products and services that meet the growing consumer demand for superior lifestyles and delightful travel experiences.
The four vehicles displayed at the forum—Hongqi EH7, Hongqi HS7 PHEV, Hongqi HS3 PHEV, and Hongqi HQ9 PHEV—highlight the brand's latest technological advancements and design innovations.
"In 2021, FAW embarked on a digital and intelligent transformation strategy. Our journey towards this transformation is anchored in overhauling our core business," said Men Xin, Vice President of FAW Hongqi Brand Operation Committee and General Manager of the System Digitalization Department. The next phase of the transformation focuses on developing an AI-powered large model application that covers research, production, supply, sales, and service, aiming for complete business restructuring. This initiative is expected to enhance employee skills, evolve the brand's business model, and significantly improve corporate efficiency.
FAW Hongqi's wholesale sales surpassed 201,500 units in the first half of 2024, a 42.6% year-on-year growth. Retail sales rose to 190,900 units, up 25% over the same period. Additionally, Hongqi's sales of electric vehicles (EVs) in 2023 exceeded 85,000 units, a remarkable 135% year-on-year increase.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Xinhua Finance: Hongqi Auto Participates in the Automotive New Quality Productive Force Development Forum
Industry Pioneer Unveils Next-Generation AI Solutions and Enhanced Cloud Ecosystem
CUPERTINO, Calif., May 15, 2025 /PRNewswire/ -- TVU Networks, a pioneer in live video production and a leader in cloud-based media solutions, will celebrate its 20th anniversary at BroadcastAsis 2025 (BCA 2025). Since 2005, TVU has revolutionized media production by developing IP-based solutions that empower content creators throughout Asia-Pacific to deliver high-quality live video without traditional infrastructure constraints.
At Booth #5I4-3, TVU will unveil breakthrough technology that significantly reduces cloud production costs while enhancing performance. Visitors can experience these innovations firsthand, alongside newly integrated AI-powered tools including media analysis, scan conversion, and SCTE integration—all designed to boost productivity for Asian broadcasters.
The spotlight will shine on TVU MediaHub, launched in 2024 and already honored with six industry awards. This cloud routing platform arrives in Singapore with enhanced features tailored for APAC markets. MediaHub has become essential for mission-critical broadcasts across the region, from managing hundreds of simultaneous feeds during elections to providing redundancy for international sporting events.
"TVU's innovation has always been fueled by the needs of our customers and partners," said Paul Shen, founder and CEO of TVU Networks. "For 20 years, we have been committed to being a true partner to the industry. This collaborative approach has driven our success and enabled us to shape the future of live production together."
Join TVU Networks at Booth 5I4-3, Singapore Expo, 27-29 May 2025, to discover how these innovations can transform your content creation.
Sign up to meet our experts for a personalized demo at BCA 2025 https://info.tvunetworks.com/bca-2025
Photo - https://mma.prnasia.com/media2/2688191/Meet_TVU_BCA_2025.jpg?p=medium600
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
TVU Networks at BCA 2025: Celebrating 20 Years of Innovation
