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Technovative Group Inc., Signs Significant Strategic Partnership Agreement With China CYTS Tours Holding Co., Ltd. Subsidiary
29 Oct

Technovative Group Inc., Signs Significant Strategic Partnership Agreement With China CYTS Tours Holding Co., Ltd. Subsidiary

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Technovative to Provide Blockchain Expertise to Improve Healthcare

Hong Kong, October 29, 2018, Technovative Group Inc. (“Technovative” or the “Company”) (OTCPK: TEHG) is engaged in delivering Artificial Intelligence (AI), Blockchain and Distributed Ledger Technology (DLT) Solutions, Cloud Computing and Big Data Analytics to enterprises in the Greater China Region (“GCR”), Southeast Asia Region and beyond, announced today the signing of a strategic partnership agreement (the “Agreement”) with a subsidiary of China CYTS Tours Holding Co., Ltd. (“CYTS”) (600138:CH) which, provides travel information and travel arrangement services. Through its subsidiaries, CYTS, invests beyond just travel-related products and companies to include high-tech product development and high-tech investment. CYTS has previously made investments in emerging industries such as emerging medical care, green technology and other critical, rapidly growing sectors.

According to the Agreement, Technovative is engaged as a Distributed Ledger Technology (DLT), aka blockchain technology contactor for the entire CYTS Group. Technovative is expected to provide technical services and high-end solutions to CYTS and its subsidiaries, including but not limited to, consulting services, first class blockchain development, product training and using our state-of-the-art Technovative SmartSuite™ product licensing which includes a blockchain-based APP rapid builder, intelligent workflow centered around the smart contract, tailored to CYTS’s unique business needs and requirements. Additionally, the Agreement is expected to provide an undisclosed, steady stream of revenues to Technovative.

Working with CYTS, Technovative expects to first develop technical solutions targeted to serve China’s massive, ever-improving, healthcare system. Additionally, CYTS, an innovator in the healthcare industry, supports and follows the directives of The People’s Republic of China’s State Council’s New Health Plan – “Healthy China 2030”. This comprehensive blue print is an action plan for China’s healthy development spanning the next 15 years. Together, Technovative and CYTS desire to focus on big data, mobile-based healthcare technology delivery, internet of things (IoT) in healthcare, the internet hospitals and electronic healthcare solutions, to advance the healthcare industry solutions offered across The People’s Republic of China. China's healthcare market is projected to grow at an unprecedented compound annual growth rate (CAGR) of about 12% to reach $1 trillion by 2020, up from $357 billion in 2011, as estimated in a recent report from McKinsey & Co.

Marvin Zeng, the Chief Strategy Officer of China CYTS Tours Holding Co., Ltd. said, “We signed our partnership with Technovative due to their strong service and technical capabilities in blockchain. Blockchain is the future and when applied to the healthcare system, the opportunities are endless. From the immutability of data stored on blockchains to the overall decentralization of recording transactions on blockchains, the blockchain technology is a disruptive technology, which has the potential to provide better healthcare delivery, in China and worldwide.”

Nicolas Lin, CEO of Technovative Group Inc., stated, “The healthcare system in China is vast and the opportunities immense and integrating technology is the future to better medical outcomes. We are pleased to partner with CYTS, which continues to focus on improving the nation’s health. The Technovative team has extensive background in healthcare and blockchain development which we gladly bring to the partnership. Blockchain is capable of generating trust in an existing system by recording verifiable data and a series of past transactions broadcasted to a decentralized network of blocks that are readily accessible to authorized users. The Blockchain technology has the potential to expand the current service and product offerings in personal health records (PHR) and personalized medicine, while providing more meaningful and accurate analytics solutions for population health management.”

About China CYTS Tours Holding Co., Ltd.

China CYTS Tours Holding Co., Ltd is a Shanghai Stock Exchange (SSE: 600138) listed company mainly focused on the business in tourism, High-tech investment, sales and service of IT products. Through its innovation and product development, CYTS now occupies a strategic place in a number of leading industries. As a leading brand and comprehensive industry player in China's tourism industry, in recent years, CYTS has expanded its business into diversified industries including the medical technology industry and other high tech sectors.

About Technovative Group, Inc.

Technovative Group, Inc. is a technology holding company. The Company, through its subsidiaries and consolidated variable interest entity, is engaged in delivering financial technology, blockchain solutions and big data analytics technologies to financial service institutions (“FSI”) in the GSR. We are currently developing a suite of smart tools which includes SmartBot, Smart Contracts, Data Analytics, Blockchain and a trading platform targeting FSI in GSR.

More information about the Company can be found at www.technovative.co

Forward-Looking Statements

This press release may contain information about Technovative's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Technovative encourages you to review other factors that may affect its future results in Technovative's registration statement and in its other filings with the Securities and Exchange Commission.

Contacts:

For: China CYTS Tours Holding Co., Ltd.
Marvin Zeng
Chief Strategic Information Officer
Phone: +86- 139-1017-1673
gang.zeng@chid-vip.com

For: Technovative Group, Inc.

Sally Sun
Phone: +852-2162 7529
ir@technovative.co

Investor Relations & Public Relations
Sean Leous
Managing Director, TraDigitalIR
Phone: + 1 917-715-3765
sean@tradigitalir.com
Technovative Group, Inc. Announces Strategic Partnership Agreement With CLPS Incorporation
26 Sep

Technovative Group, Inc. Announces Strategic Partnership Agreement With CLPS Incorporation

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Expands Global Footprint for Both Partners

Hong Kong, Sept. 25, 2018 (GLOBE NEWSWIRE) -- Technovative Group, Inc. (“Technovative” or the “Company”) (OTCPK: TEHG), a company engaged in delivering financial technology, Artificial Intelligence (AI), Blockchain and Distributed Ledger Technology (DLT) Solutions, Big Data Analytics and Cloud Computing to financial service institutions (“FSI”) in the Greater China Region (“GCR”), Southeast Asia Region and beyond, announced today, that it has entered into a strategic partnership with CLPS Incorporation (NASDAQ: CLPS), an information technology (“IT”) consulting and solutions service provider focused on delivering services to global institutions in banking, insurance and financial sectors, both in the PRC and globally.

Pursuant to the strategic partnership with CLPS Incorporation, Technovative is expected to supply and maintain, Artificial Intelligence, Big Data Analytics, Distributed Ledger Services (Blockchain) and Cloud Computing solutions and technologies, to the many global clients of CLPS Incorporation in the United States, European Union, Australia, Hong Kong, and the PRC.

Nicolas Kuan Liang Lin, Chief Executive Officer of Technovative Group stated, “Recognizing our mutual strengths in supplying technology solutions to meet the ever-expanding demands of the financial services sector, we have come to an agreement to work with the Management Team of CLPS Incorporation and provide comprehensive solutions to global banks, insurance giants, and other leading financial institutions.”

Raymond Ming Hui Lin, Chief Executive Officer of CLPS Incorporation, said, “The demand for practical and effective solutions for advance, faster, and more secure financial service technologies continues to challenge global institutions. Together with Technovative Group, we expect to remain leaders in the sector providing the best customized, scalable service solutions and unique products to our global clients.”

About CLPS Incorporation:

CLPS is a NASDAQ-listed (Nasdaq: CLPS) and global information technology, consulting and solutions service provider focused on delivering services to global institutions in banking, insurance and the financial sectors, both in China and globally.

For more than ten years as an IT, business know-how and talent solutions provider for such clients, CLPS has expanded its service network to clients in the global financial industry, including large financial institutions from the US, Europe, Australia and Hong Kong and their PRC-based IT centers.

CLPS has created and developed a particular market niche by providing turn-key financial solutions as well as supplying its clients’ needs for talent creation and development.

We maintain eleven delivery and R&D centers, of which seven are located in China and four globally, to serve different customers in various geographic locations. By combining onsite and onshore support and consulting with scalable and high-efficiency offsite and offshore services and processing, we are able to meet client demands in a cost-effective manner while retaining significant operational flexibility.

About Technovative Group, Inc.

Technovative Group, Inc. is a technology holding company. The Company through its subsidiaries and consolidated variable interest entity, is engaged in delivering financial technology, blockchain solutions and big data analytics technologies to financial service institutions (“FSI”) in the Greater China Region (“GCR”). We are currently developing a suite of smart tools which includes SmartBot, Smart Contracts, Data Analytics, Blockchain and Trading platform targeted to FSI in GCR.

More information about the Company can be found at www.technovative.co

Forward-Looking Statements

This press release may contain information about Technovative's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Technovative encourages you to review other factors that may affect its future results in Technovative's registration statement and in its other filings with the Securities and Exchange Commission.

Contacts:

Technovative Group, Inc.
Sally Sun
Phone: +852-2162 7529
ir@technovative.co


Investor Relations & Public Relations
Sean Leous
Managing Director, TraDigital IR
Phone: + 1 917-715-3765
sean@tradigitalir.com

CLPS Incorporation
Tian van Acken
Chief Financial Officer
Phone: +86-158-0198-4357
Email: ir@clpsglobal.com
TECHNOVATIVE GROUP INC., SIGNS STATEGIC PARTNERSHIP AGREEMENT WITH JOGET, INC.
21 Sep

TECHNOVATIVE GROUP INC., SIGNS STATEGIC PARTNERSHIP AGREEMENT WITH JOGET, INC.

Read 94 times
Hong Kong, September 21, 2018, Technovative Group Inc., (OTCPK: TEHG) Technovative Group, Inc. (“Technovative” or the “Company”) is engaged in delivering financial technology, Artificial Intelligence (AI), Blockchain and Distributed Ledger Technology (DLT) Solutions, Cloud Computing and Big Data Analytics to financial service institutions (“FSI”) in the Greater China Region (“GCR”), Southeast Asia Region and beyond, announced today, the signing of a strategic partnership agreement with Joget, Inc.

Joget Workflow, developed by Joget, Inc., is a leading open source, web-based workflow software to develop workflow and business process management applications. Its low-code/no-code application development platform allows users to easily build enterprise web-based applications and to automate business processes on the cloud and mobile devices. Joget Workflow combines the best of business process management (BPM), workflow, and rapid application development in a platform that is simple, flexible and open.

By utilizing Joget Workflow, Technovative expects to co-develop a new product with its cloud computing and blockchain technologies to design a blockchain-based workflow system. In addition, Joget Inc. is expected to provide highly specialized training and go-to-market services to Technovative’s team.

Dr. Huang, the Chief Technology Officer of Technovative Group, Inc., said, “Joget Inc.'s plugin architecture is very adaptable and the Joget Workflow is a flexible platform. Joget Workflow can be easily applied to newer, emerging technologies such as blockchain technology. We believe that, by extending the use of Joget with smart contract and blockchain extensions, we may be able to better serve our existing clients. We also believe Joget Workflow may open doors for new clients because [of its ease in reducing the hurdle to develop newer Apps that can exploit Blockchain technology].”

Julian Khoo, Senior Vice President of Joget Inc., said, “Technology solutions are ever-changing and complex. When looking to strategic partnerships, we seek outstanding partners who can advance the power and potential of Joget Workflow. We selected Technovative due to their leadership in both blockchain and the cloud as well as their global footprint.”

Nicolas Lin, CEO of Technovative Group, Inc., stated, “We are pleased to have entered into a strategic partnership with Joget Inc. As a leader in application development, the Joget-Technovative partnership opens up unlimited potentials for both parties. The highly experienced team at Technovative looks forward to this mutually beneficial relationship.”

About Joget:

Joget, Inc. is the developer and manager of the Joget Workflow Commercial Open Source Project. Joget Workflow is a low-code/no-code web platform that modernize application development and workflow automation on the cloud and mobile. 

About Technovative Group, Inc.

Technovative Group, Inc. is a technology holding company. The Company through its subsidiaries and consolidated variable interest entity, is engaged in delivering financial technology, blockchain solutions and big data analytics technologies to financial service institutions (“FSI”) in the Greater China (“GS”) region. We are currently developing a suite of smart tools which includes SmartBot, Smart Contracts, Data Analytics, Blockchain and Trading platform targeted to FSI in GC.

More information about the Company can be found at www.technovative.co

Forward-Looking Statements

This press release may contain information about Technovative's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Technovative encourages you to review other factors that may affect its future results in Technovative's registration statement and in its other filings with the Securities and Exchange Commission.

Contacts:

Technovative Group, Inc.
Sally Sun
Phone: +852-2162 7529
ir@technovative.co

Investor Relations & Public Relations
Sean Leous
Managing Director, TraDigital IR
Phone: + 1 917-715-3765
sean@tradigitalir.com

Joget, Inc.
Jack Hii
Phone: +14084003233
jack@joget.org
TECHNOVATIVE GROUP INC., SIGNS STATEGIC PARTNERSHIP AGREEMENT WITH JOGET, INC.
19 Sep

TECHNOVATIVE GROUP INC., SIGNS STATEGIC PARTNERSHIP AGREEMENT WITH JOGET, INC.

Read 169 times
Hong Kong, September 18, 2018,am, Technovative Group Inc., (OTCPK: TEHG) Technovative Group, Inc. (“Technovative” or the “Company”) is engaged in delivering financial technology, Artificial Intelligence (AI), Blockchain and Distributed Ledger Technology (DLT) Solutions, Cloud Computing and Big Data Analytics to financial service institutions (“FSI”) in the Greater China Region (“GCR”), Southeast Asia Region and beyond, announced today, the signing of a strategic partnership agreement with Joget, Inc.

Joget Workflow is a leading open source, low-code/no-code application development platform to easily build enterprise web apps and automate business processes on the Cloud and Mobile. Joget Workflow combines the best of business process management (BPM), workflow, and rapid application development in a platform that is simple, flexible and open.

Utilizing Joget Workflow, Technovative will co-develop a new product with its cloud computing and blockchain technologies to design a blockchain related workflow. In addition, Joget will provide highly specialized training and go-to-market services to Technovative’s team.

Dr. Huang, Chief Technology Officer of Technovative Group Inc., said, “Joget's plugin architecture is a very adaptable and flexible platform. Joget is easily applied to newer, emerging technologies such as blockchain with its smartcontract and security com. We believe, that by extending the use of Joget with smartcontract and blockchain extensions, we will better serve our existing clients. We also believe Joget will open doors for new clients.”

Julian Khoo, Senior VP, said, “Technology solutions are ever-changing and complex. When looking to strategic partnerships, we seek outstanding partners who can advance the power and potential of Joget Workflow. We selected Technovative (TEHG) due to their leadership in both blockchain and the cloud as well as their global footprint.”

Nicolas Lin, CEO of Technovative Group Inc., stated, “We are pleased to have entered into a strategic partnership with Joget. As a leader in application development, the Joget partnership opens unlimited potential for both parties. The highly experienced team at Technovative, looks forward to this mutually beneficial relationship.”

About Joget:

Joget, Inc. is the developer and manager of the Joget Workflow commercial Open Source Project. Joget Workflow is a low-code/no-code web platform that modernize application development and workflow automation on the cloud and mobile.

About Technovative Group, Inc.

Technovative Group, Inc. is a technology holding company. The Company through its subsidiaries and consolidated variable interest entity, is engaged in delivering financial technology, blockchain solutions and big data analytics technologies to financial service institutions (“FSI”) in the Greater China (“GS”) region. We are currently developing a suite of smart tools which includes SmartBot, Smart Contracts, Data Analytics, Blockchain and Trading platform targeted to FSI in GC.

More information about the Company can be found at www.technovative.co

Forward-Looking Statements

This press release may contain information about Technovative's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Technovative encourages you to review other factors that may affect its future results in Technovative's registration statement and in its other filings with the Securities and Exchange Commission.

Contacts:

Technovative Group, Inc.

Sally Sun

Phone: +852-2162 7529

ir@technovative.co

Investor Relations & Public Relations

Sean Leous

Managing Director, TraDigital IR

Phone: + 1 917-715-3765

sean@tradigitalir.com

Joget, Inc.

Jack Hii

Phone: +14084003233

jack@joget.org

ORACLE PARTNERS WITH TECHNOVATIVE GROUP TO PROVIDE GO-TO-MARKET STRATEGIES AND EXPLORE OPPORTUNITIES IN THE BLOCKCHAIN SPACE
14 Sep

ORACLE PARTNERS WITH TECHNOVATIVE GROUP TO PROVIDE GO-TO-MARKET STRATEGIES AND EXPLORE OPPORTUNITIES IN THE BLOCKCHAIN SPACE

Read 606 times
Hong Kong,September 13, 2018, 9:30 am, Technovative Group Inc., (“Technovative,” OTC PINK: TEHG) announced today a go-to-market strategy partnership with Oracle (China) Software System Co. Ltd. (Oracle) (“Oracle China). Oracle China is expected to provide training and go-to-market services to Technovative. With offices in China, Hong Kong, and strategically located branches in South East Asia, Technovative is expected to capitalize on the market’s growing needs for blockchain technology as by leveraging Oracle’s comprehensive Blockchain Cloud Service, Big Data and Artificial Intelligence products and services portfolio. The Company is one of a unique group of select technology start-ups in Asia identified to build businesses around Oracle China’s comprehensive product and services portfolio, develop expertise and differentiate offerings, promote and sell solutions.

Oracle’s Blockchain Cloud Service--Hyperledger Fabric, enables organizations to build robust, industry-specific applications, platforms and hardware systems to support their individual business transactions by creating an enterprise-grade, open source distributed ledger framework and code base. Scalable cross-industry technologies, confidential transactions, and modular architecture promoted through Hyperledger Fabric, are critical components of how blockchain technology may successfully change the way businesses are conducted across different industries.

Nicolas Lin, CEO of Technovative Group Inc., stated, “We are more than pleased to have been selected by Oracle to develop expertise and offerings for Oracle. The team at Technovative, under the direction of our Chief Technology Officer, Dr. Huang Kewei, continues to build superior solutions and products for a wide variety of global, regional and local clients. Client satisfaction is the motivating force at Technovative and we look forward to flawlessly rolling out our new technology solutions in key, rapidly growing Asian markets.”

"Oracle is excited to partner with Technovative Group Inc., to go-to-market and explore opportunities in the BlockChain space," said Calvin Dang, General Manager, South Region, Oracle China. “Technovative has demonstrated its full trust in Oracle by adopting a variety of our solutions as its base and going to market, and we look forward to closer cooperation with the company.”

About Technovative Group, Inc.

Technovative Group, Inc. is a technology holding company. The Company, through its subsidiaries and a consolidated variable interest entity, is engaged in delivering financial technology, blockchain solutions and big data analytics technologies to financial service institutions (“FSI”) in the Greater China (“GS”) region. We are currently developing a suite of smart tools, which includes SmartBot, Smart Contracts, Data Analytics, Blockchain and Trading platform targeted at FSI in GC.

More information about the Company can be found at www.technovative.co

Forward-Looking Statements

This press release may contain information about Technovative's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Technovative encourages you to review other factors that may affect its future results in Technovative's registration statement and in its other filings with the Securities and Exchange Commission.

Contacts:

Technovative Group, Inc.
Sally Sun
Phone: +852-2162 7529
ir@technovative.co

Investor Relations & Public Relations
Sean Leous
Managing Director, TraDigital IR
Phone: + 1 917-715-3765
sean@tradigitalir.com
Appointment of Chief Technology Officer
05 Feb

Appointment of Chief Technology Officer

Read 260 times

Technovative Group, Inc. Announces the Appointment of Chief Technology Officer

Dr. Kewei Huang to Oversee Fintech, Blockchain and Big Data Analytics Offerings
Hong Kong, Feb. 05, 2018 (GLOBE NEWSWIRE) --

Technovative Group, Inc. (“Technovative” or the “Company”) (OTCPINK: TEHG), a technology company focused in delivering financial technology, blockchain and big data analytics technologies, announced that on February 1, 2018, the Company appointed Dr. Kewei Huang as its Chief Technology Officer (“CTO”).

Acquisition of Guangzhou City Hedu Information Technology Co., Ltd
03 Jan

Acquisition of Guangzhou City Hedu Information Technology Co., Ltd

Read 348 times

Technovative Group, Inc. Shifts Focus in Fintech and Blockchain Service Provider - Announces Acquisition of Guangzhou City Hedu Information Technology Co., Ltd

HONG KONG, CHINA, Jan. 03, 2018 (GLOBE NEWSWIRE) -- Technovative Group, Inc. ("Technovative" or the "Company") (OTCPINK: TEHG), a technology company focused in delivering financial technology, blockchain and big data analytics technologies, announced that on December 27, 2017, the Company has entered into a Share Transfer Agreement with several individuals who are shareholders of Guangzhou City Hedu Information Technology Co., Ltd. (“Hedu”), a PRC incorporate company, in exchange for entering into a certain loan agreement and entering into a series of contractual arrangements (the “VIE Agreements”) whereby Hedu shall become a Variable Interest Entity (“VIE”) of the Company.

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