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Midea Building Technologies Showcases the Latest Sustainable Innovations at AHR in Orlando

Midea Building Technologies Showcases the Latest Sustainable Innovations at AHR in Orlando

Globe and Mail13-02-2025

Orlando - Feb 12, 2025 - Midea Building Technologies (MBT) showcased its commitment to technology and sustainability at AHR 2025 in Orlando, with varies of innovative products and reliable solutions. Midea's presence at this leading global HVAC expo shows its advanced technology to increase product reliability, efficiency, and comfort while reducing carbon emissions.
20+ Years of Industry Experience to Provide Efficient Commercial HVAC Solutions
With a legacy dating back to 1999, MBT has established itself as a pioneer in the HVAC industry. Its technological leadership is anchored in industry-leading innovations like VFD and full falling film heat-exchange technologies, alongside self-developed core components such as magnetic centrifugal compressor. Powered by Midea's robust IT platform, the M-BMS system integrates intelligent hardware management to deliver comprehensive cutting-edge HVAC solutions. Today, MBT's solutions can be found in diverse applications, from high-rise office buildings and complex venues to healthcare facilities, educational institutions, and major airports worldwide, like 2022 FIFA World Cap and 2022 Dubai Expo stadium, Beijing Daxing International Airport, China-Laos Railway, Kuala Lumpur Time Square, St. Regis Hotel & Resort in Dominican and many other notable projects.
The company's commitment to quality is evidenced by its extensive network of over 100 specialized testing laboratories, strategically positioned to address various needs and scenarios. With 7 production bases globally, MBT ensures rapid delivery while maintaining exceptional quality through intelligent manufacturing processes that enable complete visualization and digitalization throughout the production cycle.
Among the highlights at AHR 2025 is the revolutionary Aqua Thermal Super Commercial ATW Heat Pump. This state-of-the-art system features an advanced DC EVI Inverter compressor, delivering superior energy efficiency with quick start-up capabilities and minimal operational interruptions. The system's versatility is demonstrated through its impressive supply water temperature range of 14-158°F and remarkable heating capacity retention – maintaining 100% capacity at 32°F and at least 56% capacity at 5°F. It also can be matched with different kinds of terminals like fan cool unit, floor heating loop, water tank to meet the requirements of variety of scenarios. Moreover, by using R32 refrigerant with low GWP, this innovative products help to reduce ozone depletion risks.
The V6 Heat Recovery VRF system showcases MBT's technological prowess with its inverter-driven enhanced vapor injection compressor technology, ensuring optimal performance in extreme climates. The system's specially engineered fan blade design achieves the perfect balance between efficient airflow and noise reduction. With the capability to combine outdoor modules up to 42 tons and accommodate up to 3,280 ft. of piping, it offers unparalleled flexibility for large-scale projects.
Innovative Residential Solutions for Enhanced Comfort
In the residential sector, MBT continues to push boundaries with products designed for optimal home comfort. The M-Thermal Arctic ATW Heat Pump stands out with its exceptional operating temperature range of -13°F to 149°F, maintaining full capacity at 14°F ambient temperature. Its advanced DHW pump function ensures instant hot water availability, while the disinfection feature maintains water temperatures between 140-160°F to eliminate harmful bacteria.
The ESG-INV Pool Heat Pump exemplifies versatility with its multiple operating modes, including boost heating/cooling for enhanced performance -- no attenuation at 59°F compares with normal mode at 80.6°F -- and a silent mode that operates at noise levels lower than a mosquito's flight.
The Atom X series VRF system demonstrates remarkable adaptability with its wide operating temperature range from -22°F for heating to 125°F for cooling, while maintaining eco-friendly operations with low GWP refrigerants. While space efficiency reaches new heights with the Atom T Mini VRF, which reduces installation space requirements by up to 50% through innovative design and simplified piping requirements.
Integrated solutions for a more sustainable green future
MBT's technological leadership is reinforced by its extensive research and development infrastructure, including advanced laboratory groups and six R&D centers all over the world. The company's global presence is supported by certifications from numerous international bodies and a comprehensive after-sales network spanning over 80 countries.
The company's energy storage thermal management solutions showcase its commitment to sustainability, offering flexible options for various scenarios while ensuring reliable operation with high energy efficiency in challenging environments, from desert conditions to high-altitude locations and extremely cold climates.
Looking ahead, MBT remains dedicated to delivering an effortless experience to clients, continuing to leverage technology for developing innovative and efficient HVAC products and solutions. The company's strong showing at AHR 2025 reinforces its position as a trustworthy partner in sustainable building technologies, committed to creating a more comfortable and environmentally conscious future.
About MBT
Midea Building Technologies (MBT), one of the five major business divisions of Midea Group, specializes in building products and services, with core businesses encompassing HVAC solutions, elevators, building control, and energy management. The company has established a global footprint with 6 innovation R&D centers and 7 manufacturing bases worldwide, accumulating over 7,000 authorized patents. MBT has successfully served over 100,000 major engineering projects globally across various sectors including real estate, infrastructure, public utilities, commercial services, and industrial production. Through digital and low-carbon technologies, MBT continues to drive industrial upgrading and green development in the building technology field.
Media Contact
Company Name: Midea Building Technologies
Contact Person: Mia Ding
Email: Send Email
Country: China
Website: https://mbt.midea.com/global

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NEVADA KING ANNOUNCES MORE THAN DOUBLING OF M&I RESOURCE AT ATLANTA TO 1,019,600 GOLD OUNCES AVERAGING 1.14 G/T
NEVADA KING ANNOUNCES MORE THAN DOUBLING OF M&I RESOURCE AT ATLANTA TO 1,019,600 GOLD OUNCES AVERAGING 1.14 G/T

Cision Canada

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NEVADA KING ANNOUNCES MORE THAN DOUBLING OF M&I RESOURCE AT ATLANTA TO 1,019,600 GOLD OUNCES AVERAGING 1.14 G/T

VANCOUVER, BC, June 4, 2025 /CNW/ - Nevada King Gold Corp. (TSXV: NKG) (OTCQB: NKGFF) (" Nevada King" or the " Company") is pleased to report an updated Mineral Resource Estimate (" MRE") for its 12,000 hectare (120km 2), 100% owned Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend, 264km northeast of Las Vegas, Nevada. The MRE was prepared by RESPEC (formerly Mine Development Associates) based out of Reno, Nevada, a group with unmatched experience working with Nevada-based deposits. Atlanta Resource Highlights: Measured and Indicated ("M&I") resources: 27.7 million tonnes (Mt) at an average gold grade of 1.14g/t for 1,019,600 ounces of contained gold, representing a more than doubling (122% increase) of M&I resources compared to the 2020 resource estimate, highlighting the success of the Company's Phase I & II resource definition drilling campaigns. 91% of the total gold ounces are categorized within the higher confidence M&I categories, with just 9% in the inferred category (see Table 1). Tonnes Au g/t Au oz Ag g/t Ag oz AuEq g/t AuEq oz M&I 27,710,300 1.14 1,019,600 9.75 8,687,400 1.20 1,069,700 Inferred 3,638,400 0.84 98,500 2.56 299,500 0.85 99,800 Table 1. Pit-constrained MRE summary for Atlanta High-grade core: M&I resources include a high-grade core of 524koz Au averaging 3.99g/t Au at a 2 g/t AuEq cut-off grade (" COG"). This high-grade core alone contains more ounces than the 2020 M&I resource estimate and at more than triple (207% increase) the average grade. Open-pit, oxide gold system: This pit-constrained, oxide resource applies a US$2,200/oz gold price and assumes recoveries and processing methods from the Company's Phase 1 metallurgical test work program, which outlines conventional Nevada oxide processing methods at Atlanta (link here). Significant growth potential: Today's resource covers the Atlanta Resource zone and does not incorporate mineralization encountered in the Company's Phase III drilling, including the recent discovery of gold and silver mineralization at Silver Park. Management sees clear potential for continued resource expansion with mineralization open to the north, south and west of the resource zone, as well as the potential for finding regional satellite deposits. Collin Kettell, CEO of Nevada King, stated: "This updated MRE was prepared by RESPEC, a highly regarded engineering firm that represents the gold standard for Nevada projects. The results mark a major milestone at Atlanta, confirming a high-grade and high-confidence oxide gold system in one of the most sought-after jurisdictions in the world. We are pleased to exceed the 1Moz Au threshold in the M&I category while maintaining the grade of oxide mineralization well above 1 g/t. Today's results highlight the success of our Phase I and II drill programs and validate our technical team's geological model and drilling since 2021. With this MRE under our belt, we will continue our quest to unlock the full potential of the Atlanta district. Our fully funded, aggressive Phase III exploration drill program is aimed at demonstrating Atlanta's multi-million-ounce potential." Cal Herron, Exploration Manager of Nevada King, remarked: "Atlanta is a unique system with multiple instances of high-grade gold deposition. These high-grade zones, which play prominently into today's resource estimate, were a key target of our Phase II drill program. "When we began our work at Atlanta, the resource totaled 460,000 M&I ounces averaging 1.30 g/t. Today's resource update more than doubles that figure and includes significantly more high-grade material, which is largely the result of thicker, higher-grade intercepts within the West Atlanta Graben Zone. We see clear potential for expansion of this zone to the south, north and west with the possibility of finding additional elevated high-grade zones. "The Company's unwavering support behind its technical team coupled with its commitment to seeing the exploration program completed made it possible to boost a modest deposit into a high-grade, +1 Moz deposit – a rare achievement for open pit oxide deposits in safe jurisdictions. That same tenacity is still at play today, pushing our Phase III exploration forward throughout the Atlanta District in search of new deposits." 2025 Mineral Resource Estimate Open pit oxide resources to be processed at a mill are estimated at 14.5Mt grading 1.72g/t Au for 803koz of contained gold in the M&I category, while 1.0Mt grading 2.24g/t for 70koz of contained gold are in the Inferred category. Open pit oxide resources to be processed via a heap leach are estimated at 13.2Mt grading 0.51g/t Au for 216koz of contained gold in the M&I category, while 2.7Mt grading 0.34g/t for 29koz of contained gold are in the Inferred category. Material Tonnes Au g/t Au oz Ag g/t Ag oz AuEq g/t AuEq oz Measured Heap Leach 1,246,000 0.60 24,200 3.16 126,500 0.61 24,500 Measured Mill 80,700 4.43 11,500 15.56 40,400 4.55 11,800 Measured Mill Breccia 2,103,400 2.00 135,100 25.19 1,703,300 2.15 145,700 Measured 3,430,100 1.55 170,800 16.96 1,870,200 1.65 182,000 Indicated Heap Leach 11,921,000 0.50 192,100 3.05 1,167,800 0.51 195,200 Indicated Mill 397,000 4.66 59,500 11.66 148,800 4.75 60,700 Indicated Mill Breccia 11,962,200 1.55 597,200 14.30 5,500,600 1.64 631,800 Indicated 24,280,200 1.09 848,800 8.73 6,817,200 1.14 887,700 M&I 27,710,300 1.14 1,019,600 9.75 8,687,400 1.20 1,069,700 Inferred Heap Leach 167,600 0.49 2,600 0.02 100 0.49 2,600 Inferred Mill 1,000 3.19 100 2.87 100 3.21 100 Inferred Mill Breccia 965,700 2.24 69,600 2.86 88,800 2.25 69,900 Inferred Heap Leach (Dump/Pad) 2,504,100 0.33 26,200 2.61 210,500 0.34 27,200 Inferred 3,638,400 0.84 98,500 2.56 299,500 0.85 99,800 Table 3. Mineral resource estimate by lithology and processing method The Mineral Resources have been prepared by Jeff Bickel, C.P.G of RESPEC (formerly Mine Development Associates) in conformity with CIM "Estimation of Mineral Resource and Mineral Reserves Best Practices" guidelines and are reported in accordance with the Canadian Securities Administrators National Instrument 43-101 (" NI 43-101"). Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. There is no certainty that all Mineral Resources will be converted into Mineral Reserves. The project mineral resources are estimated using a variable gold equivalent (AuEq) cut-off grade. Gold Equivalent (AuEq) equation: AuEq = (US$2,200/oz Au / US$25/oz Ag) * (Gold Recovery / Silver Recovery). Gold and Silver Recoveries were variable based on grade and material type (See table below for recovery equations). Heap leach material cut-off grade of 0.14 g/t AuEq, heap leach dump/pad material cut-off grade of 0.14 g/t AuEq, mill material cross over-grade of 2.34 g/t AuEq, and mill breccia material cut-off grade of 0.33 g/t AuEq within an optimized pit. Mineral Resources within the optimized pit with a slope angle of 45 degrees. Additional inputs for Whittle pit-optimization include: mining costs of US$2.17/tonne mined; remining costs of US$1.63/tonne mined for dump/pad material; heap leach costs of US$3.28/tonne processed, milling costs of US$13.53/tonne processed, and general and administrative costs of US$0.96/tonne processed. The reported MRE have been constrained within optimized pit shells using a gold price of US$2,200/oz Au and a silver price of US$23.91/oz Ag. These metal prices, as well as the metal recoveries summarized below, were used to calculate cut-off grades and contained ounces. The MRE is based on 93,461.5m in 468 drill holes, with 76,933.8m in 407 holes drilled by Nevada King from 2020-2024 and the remainder by previous operators between 1997-2015. A technical report on the MRE will be prepared in accordance with NI 43-101 and will be filed within 45 days of this news release on Nevada King's issuer profile on SEDAR+ at This MRE has an effective date of September 6, 2024. Rounding may result in apparent discrepancies between tonnes, grade, and contained metal content. Gold and Silver recovery equations summarized by material type in table below: Heap Leach Au IF(au_c.G>0.40,3.981*LOG(au_c.G)+72.851,7.165*LOG(au_c.G)+75.224)/100 Mill Au IF(au_c.G>0.40,1.678*LOG(au_c.G)+86.519,4.068*LOG(au_c.G)+88.504)/100 Mill Breccia Au IF(au_c.G>0.40,3.074*LOG(au_c.G)+82.642,6.594*LOG(au_c.G)+85.399)/100 Heap Leach Ag IF(ag_c.G>8.00,(0.846*LOG(ag_c.G)+12.932)/100,(1.229*LOG(ag_c.G)+12.183)/100) Mill Ag IF(ag_c.G>8.00,(7.012*LOG(ag_c.G)+33.209)/100,(13.043*LOG(ag_c.G)+20.046)/100) Mill Breccia Ag IF(ag_c.G>8.00,(1.266*LOG(ag_c.G)+40.846)/100,(1.957*LOG(ag_c.G)+39.479)/100) 2025 Tonnes Au g/t Au oz Ag g/t Ag oz AuEq g/t AuEq oz M&I 27,710,300 1.14 1,019,600 9.75 8,687,400 1.20 1,069,700 Inferred 3,638,400 0.84 98,500 2.56 299,500 0.85 99,800 2020 Tonnes Au g/t Au oz Ag g/t Ag oz AuEq g/t AuEq oz M&I 11,040,000 1.30 460,000 11.89 4,220,000 1.43 505,864 Inferred 5,310,000 0.83 142,000 7.30 1,240,000 0.91 155,477 % change Tonnes Au g/t Au oz Ag g/t Ag oz AuEq g/t AuEq oz M&I 151 % -12 % 122 % -18 % 106 % -16 % 111 % Inferred -31 % 1 % -31 % -65 % -76 % -6 % -36 % Table 4. Mineral resource estimate changes from 2020 to 2025 MRE Methods The effective date of the MRE is September 6, 2024. RESPEC (formerly Mine Development Associates) worked with Nevada King to create three-dimensional geological models based on original cross-sections supplied by Nevada King which were the basis for the interpretation of mineralization of the deposit leading to the MRE. Gold and silver mineral resources were modeled and estimated as follows: Define mineral domains based on the Atlanta geological model and geostatistical analysis of drillhole data. Create polygons of explicitly modeled cross-sectional interpretations of constrained low-, medium- and high-grade mineral-domains for both gold and silver snapped to drillholes. The grade domains were guided by the geological model and integrated other relevant geological information. Rectified the cross-sections on evenly spaced long-section polygons which has plane locations coinciding with the resource block model centroids along y-axis columns. Coded a block model to the gold and silver domains using the mineral-domain long-section polygons. Composited drill hole assay sample data within the mineralized domains into 1.5 m length composites. Analyzed the modelled mineralization geostatistically to aid in the establishment of estimation and classification parameters, and Interpolated grades into block models using the gold and silver mineral domains to explicitly constrain the grade estimations. RESPEC utilized Inverse Distance Squared (ID2) interpolation for the estimation to obtain a localizing effect in the mid- and high-grade domains to best represent the spatial distribution of mineralization in the deposit. All estimates are based on a block dimension of 1.5 m by 1.5 m by 1.5 m. Resource sensitivity at various cut-offs The following table considers average cut-off within the optimized pit for the purposes of demonstrating overall sensitivities. Table 4. Mineral resource estimate sensitivities based on cut-off. 1. This table is only included to demonstrate the sensitivity of changes in cut-off grade and the values should be considered a subset of existing mineral resources. 2. Rounding as required by reporting guidelines may result in apparent discrepancies between tonnes, grade, and contained metal content. Next Steps Exploration continues with the Company's ongoing Phase III drill program, which was recently expanded to 30,000m from 20,000m and is fully funded. The Phase III program is focused on regional drilling and with gold and silver mineralization identified at Silver Park, Atlanta South, and Atlanta North exploration targets, these areas will continue to be the focus of the exploration program with potential to further increase the drill program through the rest of the year. In addition to continued exploration, the company will also continue to de-risk the project through further metallurgical test work, geotechnical work, environmental studies, and permit planning. QA/QC Protocols All Reverse Circulation (RC) samples from the Atlanta Project are split at the drill site and placed in cloth and plastic bags utilizing a nominal 2kg sample weight. CRF standards, blanks, and duplicates are inserted into the sample stream on-site on a one-in-twenty sample basis, meaning all three inserts are included in each 20-sample group. Samples are shipped by a local contractor in large sample shipping crates directly to American Assay Lab in Reno, Nevada, with full custody being maintained at all times. At American Assay Lab, samples were weighted then crushed to 75% passing 2mm and pulverized to 85% passing 75 microns to produce a 300g pulverized split. Prepared samples are initially run using a four acid + boric acid digestion process and conventional multi-element ICP-OES analysis. Gold assays are initially run using 30-gram samples by lead fire assay with an OES finish to a 0.003 ppm detection limit, with samples greater than 10 ppm finished gravimetrically. Every sample is also run through a cyanide leach for gold with an ICP-OES finish. The QA/QC procedure involves regular submission of Certified Analytical Standards and property-specific duplicates. The PQ-diameter core was sampled in the Company's warehouse in Winnemucca, Nevada, with whole core samples being placed in heavy canvas bags and sent to American Assay Lab in Reno, Nevada, in heavy shipping bags by a Company contractor with full custody being always maintained. CRF standards and coarse blanks were inserted into the sample stream on a one-in-twenty sample basis, meaning both inserts are included in each 20-sample group. At American Assay Lab, samples were weighted, and then completely crushed to -1 inch. The coarse-crushed sample was quarter-split, and one quarter was reduced to 75% passing 2mm. A 300g split was subsequently pulverized to 85% passing 75 microns. Prepared samples are initially run using a four acid + boric acid digestion process and conventional multi-element ICP-OES analysis. Gold assays are initially run using 30-gram samples by lead fire assay with an OES finish to a 0.003 ppm detection limit, with samples greater than 10 ppm finished gravimetrically. Every sample is also run through a cyanide leach for gold with an ICP-OES finish. The QA/QC procedure involves regular submission of Certified Analytical Standards and property-specific duplicates. Qualified Person The MRE for Atlanta was prepared under the supervision of Jeffrey Bickel, CPG, an employee of RESPEC. Mr. Bickel has reviewed and approved the technical contents relating to the MRE in this news release. Mr. Bickel has reviewed the sampling, assaying, and security procedures used at the Atlanta Project and it is his opinion that they follow industry standard procedures and are adequate for the estimation of the MRE and for use in preparing the Technical Report. Mr. Bickel completed audits of the databases provided by Nevada King, performed a site visit, and reviewed quality assurance and quality control data and procedures. After performing his review, he considers the assay data to be adequate for the estimation of the MRE and for use in preparing the Technical Report. The scientific and technical information in this news release has been reviewed and approved by Calvin R. Herron, who is a Qualified Person as defined by NI 43-101, and he supervises all of the Company's exploration activities. About Nevada King Gold Corp. Nevada King is focused on advancing and growing its 100% owned, past producing, 120km 2 Atlanta Gold Mine project located along the Battle Mountain trend in southeast Nevada. The project hosts an NI 43-101 compliant pit-constrained oxide resource of 1,020koz Au in the measured and indicated category (27.7M tonnes at 1.14 g/t) plus an inferred resource of 98.5koz Au (3.6M tonnes at 0.84 g/t and replaces the Gustavson 2020 resource summarized below (see the NI 43-101 Technical Report on Resources titled "Atlanta Property, Lincoln County, NV" with an effective date of October 6, 2020, and a report date of December 22, 2020, as prepared by Gustavson Associates and filed under the Company's profile on SEDAR+ Previous NI 43-101 Mineral Resources at the Atlanta Mine by Gustavson 2020 NI 43-101 Mineral Resources at the Atlanta Mine by RESPEC 2025 Please see the Company's website at Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statements Regarding Forward Looking Information This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operations and activities of Nevada King, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this news release relate to, among other things, further exploration activities at Atlanta, including the potential for continued resource expansion and locating regional satellite deposits, and derisking the Atlanta Project through further metallurgical test work, geotechnical work, environmental studies, and permit planning. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by Nevada King, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability to complete proposed exploration work, the results of exploration, continued availability of capital, and changes in general economic, market and business conditions. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these items. Readers are urged to refer to the Company's filings on SEDAR+ at for a more complete discussion of such risk factors and their potential effects. Nevada King does not assume any obligation to update forward-looking statements should beliefs, opinions, projections, or other factors, change, except as required by applicable securities laws. SOURCE Nevada King Gold Corp.

Midea becomes Global Supporter of the AFC's National Team Competitions
Midea becomes Global Supporter of the AFC's National Team Competitions

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Midea becomes Global Supporter of the AFC's National Team Competitions

FOSHAN, China, June 4, 2025 /CNW/ -- Midea – one of the world's leading smart home appliance brands - is delighted to announce it has become a global supporter of the Asian Football Confederation (AFC) National Team Competitions. This multi-year agreements kickstarts with the AFC Asian Qualifiers™ - Road to 26 and continues with AFC Women's Asian Cup Australia 2026™ that promises to inspire a whole new generation of footballers. Meanwhile the AFC U23 Asian Cup™ 2026 in Saudi Arabia is set to be highly competitive as teams look to win the title as well as qualification for the 2028 Summer Olympics. In 2027, Midea will also be present as a global supporter at the AFC Asian Cup Saudi Arabia 2027™. It will be the first time the competition has been held in Saudi Arabia in what promises to be a historic event. "The next four years are set to be an important part of AFC's footballing history and Midea is excited to become part of all the memories. Combined with our club competition partnership, we look forward to growing together with AFC as Midea's home appliance businesses goes from strength to strength across the region," said Lewis Fu, President of Midea International Business. Midea and AFC are also pleased to announce that their partnerships will extend to AFC Youth Competitions, including the AFC U20 Asian Cup™, AFC U17 Asian Cup™, AFC U20 Women's Asian Cup™ and AFC U17 Women's Asian Cup™. About the AFC The Asian Football Confederation (AFC) is the governing body of Asian football and one of the six Confederations making up FIFA. Established in 1954, the AFC is headquartered in Kuala Lumpur, Malaysia, and comprises 47 Member Associations. The AFC organises the AFC Asian Cup™ and the AFC Women's Asian Cup™ while the AFC Champions League Elite™ and AFC Women's Champions League™ are the premier competitions for Asian clubs. About Midea Midea is the world's leading smart home appliances brand and covers a wide range of product categories including air conditioners, refrigerators, washing machines, dishwashers, ovens, air fryers, and robot vacuum cleaners. Midea Group, established in 1968, is a leading global technology company with over 190,000 employees worldwide, an annual revenue of USD57.5 billion in 2024, and ranked #277 on the 2024 Fortune Global 500 list. Find out more about Midea home appliances at and Midea Group at

Datasite Acquires Leading Private Market Intelligence Company Grata with $500 Million Investment Commitment
Datasite Acquires Leading Private Market Intelligence Company Grata with $500 Million Investment Commitment

National Post

time2 days ago

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Datasite Acquires Leading Private Market Intelligence Company Grata with $500 Million Investment Commitment

Article content MINNEAPOLIS — Datasite, the global SaaS provider of AI-powered workflow collaboration and automation solutions for M&A, investment and strategic projects, today announced that it has acquired Grata, a leading AI-native, private market intelligence company. CapVest Partners LLP ('CapVest'), the controlling shareholder of Datasite, intends to invest $500 million, organically and inorganically, to further expand Datasite's intelligence solutions. Article content Article content 'Grata has comprehensive, accurate, and searchable data on private companies. Combine that with the Datasite Group's anonymized and aggregated insights, and you've got an unmatched powerhouse of market intelligence.' 'This landmark combination creates a unique market intelligence offering for enterprises globally,' said Rusty Wiley, CEO and President of Datasite. 'Grata has comprehensive, accurate and searchable data on private companies. Combine that with the Datasite Group's anonymized and aggregated insights – from the largest and most trusted database in the world, capturing over 55,000 projects every year – and you've got an unmatched powerhouse of market intelligence.' Founded in 2016, New York-based Grata offers an AI-native platform for private market workflows combining proprietary company data with integrated dealmaking software solutions. Datasite's acquisition and ongoing investment in Grata will accelerate the growth of its pioneering, deal sourcing and market intelligence tools. Co-founders Andrew Bocskocsky and Nevin Raj will continue to lead Grata as a strategic business unit within Datasite. Article content 'We are thrilled to join the Datasite team and back our shared vision with significant investment,' said Andrew Bocskocsky, CEO and Co-Founder of Grata. 'Together, with Datasite's global footprint, we are expanding our reach to international markets and creating unprecedented value for users.' Article content Christopher Campbell, Partner at CapVest, said, 'Obtaining accurate, real-time data on private markets will further enable enterprises and investors to execute their strategic priorities. We welcome Grata to the Datasite Group and look forward to bringing unique insights to the M&A community.' Article content Datasite was advised by Arma Partners (M&A), Willkie Farr & Gallagher LLP (Legal), Alvarez & Marsal (Financial), KPMG (Tax), Lockton (Insurance) and West Monroe (Technology). Grata was advised by Deutsche Bank (M&A) and Orrick (Legal). Article content About Datasite Datasite is a global SaaS provider of AI-powered workflow collaboration and automation solutions for M&A, investment and strategic projects. Datasite's innovative products drive execution, while generating unique data insights to empower knowledge workers around the world to succeed across the entire project lifecycle. Article content Article content Article content Article content Article content Contacts Article content Laura Powers Datasite 212-367-6168 Article content Article content

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