OUR NEW PROFILE IS: (NASDAQ: PBTS)
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PBTS HAS OVER 300 EMPLOYEES
MORE THAN 1600 COMPANIES TRUST US TO HELP THEM STREAMLINE THEIR OPERATIONS, IMPROVE INTER-DEPARTMENTAL EFFICIENCY, AND REDUCE OPERATIONAL OVERHEAD
POWERBRIDGE TECHNOLOGIES ACQUIRES AIEDU, UNLOCKING NEW AVENUES FOR CHATGPT APPLICATIONS
POWERBRIDGE TECHNOLOGIES ANNOUNCES STRATEGIC JOINT VENTURE TO DRIVE DIGITAL FINANCIAL INNOVATION FOR AGRICULTURE AND LIVESTOCK INDUSTRIES
Hello Everyone,
We have a new Nasdaq profile that we wanted you to look at for tomorrow’s session. This is a company operating in THE hottest sectors on Wall Street right now.
Pull up PBTS right away.
PBTS is a leading provider of multi-industry technology solutions. The Company offers software and platform applications, IoT platform services and intelligent devices, supply chain platforms and interactive media services, metaverse and digital services, and cryptomining platform services and cryptocurrency asset operations.
With everyone talking about ChatGPT and AI right now, PBTS stands to gain some recognition as the operate in the Artificial Intelligence space as well as the Metaverse, Crypto and other Fintech areas.
The Chairman Shiang Lor made a big insider purchase in the past year. That single transaction was for US$2.3m worth of shares. Clearly the chairman is putting his money where is mouth is and is bullish on the company. This was pre-consolidation!
Powerbridge’s smart monitoring system is powered by AR, IoT and AI, and incorporates the Beidou Navigation System. As the company said, the platform enables smart monitoring and control, embedded management, and automatic clearance of goods at a variety of cross-country borders where highly regulated trading and operations take place.
Today, the platform is used at a number of ports in Guangxi province, and that alone has generated Powerbridge more than $2.4 million in revenues, according to the company’s statement. And it expects a surge in revenues over the coming years amid a favorable environment spurred by government support and strong interest for its product, as well as rising import and export trade. Specifically, Powerbridge projected revenue growth from its Smart Monitoring Platform of more than $15 million over the next two-to-three years.
Powerbridge also highlighted some improvements that its SMP clients were able to achieve: 37% clearance time reduction of vehicles and 47% increase in the volume of imported goods. In addition, the efficiency of customs inspection has improved by 40% while the labor requirement has reduced by 50%, the company said.
“We have been offering our customers complete solutions, proposing a more efficient way of intelligent surveillance and operations and seamless inspection as well,” Powerbridge President Stewart Lor said in the statement today. “At the same time, we have been devoting ourselves to ensuring effective operations of customs clearance of goods throughout the entire process for all the border trade participants.”
Powerbridge has been providing global trade services for more than two decades. While the company has diversified into Bitcoin mining and developing smart city and metaverse solutions for travel and leisure industries, the cross-border trade segment has remained its core business. Earlier this month, Lor shared in an interview that Powerbridge has scored $5 million worth of contracts on digitization solutions for some new and existing clients in the trade logistics space.
POWERBRIDGE TECHNOLOGIES CO., LTD. ANNOUNCES SHARE CONSOLIDATION
ZHUHAI, China, June 8, 2023 /PRNewswire/ — Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (the “Company” or “Powerbridge“), a provider of multi-industry technology solutions, today announced the closing of its 1-for-30 share consolidation of its ordinary shares (the “Share Consolidation“) effective immediately after the close of trading on Nasdaq Capital Market on June 8, 2023, and the Company’s ordinary shares are expected to begin trading on a post-consolidation basis at the open of trading on June 9, 2023. At market open on June 9, 2023, the Company’s ordinary share will continue to be traded on the Nasdaq Capital Market under the symbol “PBTS” with the new CUSIP number G72007118. The Company undertook the Share Consolidation to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) related to the $1.00 per share minimum price bid requirement for continued listing on the Nasdaq Capital Market.
As a result of the Share Consolidation, every thirty shares of the Company’s issued and outstanding ordinary shares will be automatically consolidated into one new ordinary share. The Share Consolidation will not modify any rights of the ordinary shares of the Company. No fractional shares will be issued in connection with the Share Consolidation, all such fractional shares shall be redeemed in cash for the fair value of such fractional share, which is based on the closing price of the ordinary shares on a post-consolidation basis on the Nasdaq Capital Market on the first trading date of the ordinary shares following the Share Consolidation.
Additional information about the Share Consolidation can be found in Powerbridge’s definitive proxy statement filed with the U.S. Securities and Exchange Commission (the “SEC“) on April 25, 2023, which is available free of charge at the SEC’s website, www.sec.gov, and on Powerbridge’s Investor Relations website at https://www.powerbridge.com/ir/.
POWERBRIDGE TECHNOLOGIES ACQUIRES AIEDU, UNLOCKING NEW AVENUES FOR CHATGPT APPLICATIONS
ZHUHAI, China, April 4, 2023 /PRNewswire/ — Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Company”), a leading provider of multi-industry technology solutions, today announced it has acquired 90% stake of Ascendent Insights Education Co., Ltd. (“AIedu”), an AI education service company. This move is part of Powerbridge’s strategy to expand its presence in the education industry and leverage AIedu’s expertise to further improve its offerings.
The acquisition of AIedu will enable Powerbridge Technologies to integrate ChatGPT into its existing education offerings, one of the key drivers of growth for the Company. ChatGPT is a game-changing product in early childhood education that provides personalized learning experience for students. The integration of ChatGPT into Powerbridge’s existing education offerings is expected to create substantial benefits for the Company, including expanded market opportunities, a larger user base, and increased revenue streams.
“Joining forces with Powerbridge will help us to provide our AI-powered education services to a larger base of participant more students,” said Aaron Liu, CEO of AIedu. “We are excited to work with Powerbridge to integrate our innovative products and further develop cutting-edge solutions that meet the needs of pre-childhood education. Our team is excited to bring continued values to the company.”
Stewart Lor, CEO of Powerbridge Technologies, commented: “The acquisition of AIedu is an exciting step forward as the Company continues to innovate and bring cutting-edge technology services to the education industry. With our focus on personalized learning experiences for pre-school children, we are well-positioned to tap into this growing market and drive future growth for our shareholders.”
About Ascendent Insights
AIedu is an AI education service company with more than 400,000 users and over 20,000 reading materials. AIedu serves over 4,000 nurseries and kindergartens with 40,000 educators, providing an innovative approach to early childhood education through its use of AI technology. Its flagship product, Little Egg, has received positive feedback from parents and educators alike for its ability to provide personalized learning experience for each student.
POWERBRIDGE TECHNOLOGIES UNVEILS PLANS TO LEVERAGE CHATGPT TECHNOLOGY FOR EARLY CHILDHOOD EDUCATION
ZHUHAI, China, Feb. 13, 2023 /PRNewswire/ — Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Company”), a leading provider of multi-industry technology solutions, is pleased to announce its plan to integrate ChatGPT technology into the AI-powered online educational services provided by its subsidiary, Ascendent Insights Education Co., Ltd. (“AIedu”).
AIedu is a provider of AI-powered apps and online educational services focusing on guided-reading solutions, with over 20,000 reading materials and a user base of more than 400,000 young children. It serves over 4,000 nurseries and kindergartens with 40,000 educators supported by 10 operational centers and 150 city partners across China.
The integration of ChatGPT technology will enhance our services and provide a more interactive and engaging learning experience for young children. Additionally, the utilization of ChatGPT technology in our early childhood educational apps has the potential to be a game-changer by enabling engaging audio interactions, innovative online creation, and immersive virtual study tours. Our interactive and effective educational apps are expected to be popular among children.
Stewart Lor, CEO of Powerbridge Technologies, commented: “We believe that ChatGPT has the potential to bring significant transformation in the education industry. We are excited to provide a whole new education experience for young children through the use ChatGPT technology. We expect to continue driving growth for the Company and provide attractive returns for our investors.
POWERBRIDGE TECHNOLOGIES ANNOUNCES STRATEGIC JOINT VENTURE TO DRIVE DIGITAL FINANCIAL INNOVATION FOR AGRICULTURE AND LIVESTOCK INDUSTRIES
ZHUHAI, China, July 6, 2023 /PRNewswire/ — Powerbridge Technologies, a provider of multi-industry technology solutions (Nasdaq: PBTS), has announced a strategic joint venture to establish Agro Digital Fintech Co., Ltd. (“Agro Digital or the Company”), a fintech and asset digitization company focused on the agriculture and livestock farming industries. The Company aims to create a robust digital financial ecosystem that drives value creation and leverages China’s Rural Revitalization Initiative (“the Initiative”).
The Initiative is a long-term development plan aimed at promoting economic growth, improving living standards, and addressing the challenges faced by rural areas in the country, including poverty alleviation, infrastructure development, agricultural modernization, rural entrepreneurship, and improvement of social services. The Initiative is focused on bridging the economic and social gap between rural and urban areas, promoting sustainable agriculture, and enhancing the overall well-being of rural communities. The market size brought by the Initiative is expected to reach approximately 4.5 Trillion U.S. Dollars by 2025.
Agro Digital utilizes advanced technologies such as IoT, blockchain, AI, and big data to build an innovative fintech platform helps drive the digital transformation of the agriculture and livestock industries, enabling the digital encapsulation of production and transaction processes. By leveraging digital data, the Company assists customers enhancing their financial profiles and improving their access to credit and financial services. The platform also allows financial institutions and funders to gain a comprehensive understanding of customers’ businesses, leading to more accurate risk assessments and tailored financial services solutions.
Stewart Lor, CEO of Powerbridge Technologies commented: “We are delighted to launch Agro Digital to leverage on the huge market opportunities by the Initiative in the next few years. By utilizing cutting-edge technologies and fostering financial inclusion, the Company can help empower rural communities and promote sustainable agricultural practices. We believe Agro Digital will contribute to our overall growth and bring values to our partners and investors.”]
POWERBRIDGE TECHNOLOGIES ANNOUNCES MEASURES TO MAINTAIN NASDAQ LISTING STATUS, DRIVE GROWTH POTENTIAL, AND ENHANCE FUTURE ACQUISITION OPPORTUNITIES
ZHUHAI, China, May 10, 2023 /PRNewswire/ — Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (the “Company”, “Powerbridge”, or “PBTS”), a provider of multi-industry technology solutions, is pleased to announce upcoming measures to maintain continued listing status on the Nasdaq exchange, supporting the Company’s long-term growth strategy and bolstering its access to favorable positioning in current and upcoming acquisition negotiations.
“We continue to prioritize the financial interests of our entire shareholder base above all other concerns,” commented Powerbridge CEO, Mr. Stewart Lor. “We are confident that maintaining our uninterrupted status as a Nasdaq-listed stock is our most effective path to achieving both our near-term growth objectives and our long-term vision as an emerging global leader with diversified exposure to next generation technology verticals.”
Powerbridge has made significant investments in SaaS, ePlatforms, and Smart Devices for global trade, travel and leisure, education, and digital assets, with a base that now spans a broad range of clients from global trade and cross-border participants to retail customers and educators.
The Company’s recent moves include its announced plan to further enhance ChatGPT as an educational technology services asset, its acquisition of a majority stake in several high growth technology companies, its strategic engagement in AI and Blockchain technology companies, and its development of metaverse and NFT solutions targeting multiple industries.
Lor added, “Since establishing our Nasdaq listed status, we have been able to massively expand our strategic footprint, gaining traction in a wide range of emerging growth technology markets, including metaverse development, AI-driven ed-tech, and cryptocurrency. We believe these investments have already laid a powerful foundation with tremendous long-term upside potential targeting the core industries best positioned to define the growth economy of the 21st century.”
As commented in the Company’s release dated April 28, 2023, Powerbridge management believes it can regain full Nasdaq listing compliance upon the completion of a 1-for-30 reverse stock split of the Company’s securities.
“We have planted the seeds of a robust value proposition,” concluded Lor. “The steps we take now to support the full actualization of that vision are an expression of the faith we have in our long-term strategic roadmap as well as our commitment to delivering on the faith our shareholders have placed in Powerbridge as demonstrated through their loyalty and support over many years—something we see as our most valuable asset. We look forward to cementing our compliance status and aggressively pursuing fresh opportunities aligned with our long-term vision.”
POWERBRIDGE TECHNOLOGIES LAUNCHES WEB 3.0 CRYPTOCURRENCY ETF PLATFORM
ZHUHAI, China, Feb. 21, 2023 /PRNewswire/ — Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Company”), a provider of multi-industry technology solutions, is pleased to announce the launch of its decentralized cryptocurrency ETF platform (“Powerbridge ETF Platform” or the “Platform”) based on the cutting-edge Web 3.0 technology.
Powerbridge ETF Platform provides a decentralized and transparent network based on Web 3.0 technology. The Platform utilizes big data analysis to select cryptocurrency index funds, reducing human bias and empowering users to manage their own assets and data without the need for third-party intermediaries. The Platform generates index fund products based on trading strategies and preferences of majority traders across a variety of cryptocurrencies. This allows users to take advantage of market trends and opportunities with a secure and convenient way to trade and manage cryptoassets.
Stewart Lor, CEO of Powerbridge Technologies commented: “We are excited with the launch of Powerbridge ETF Platform for cryptocurrencies. I believe our platform offers users a better way to trade and manage their crypto assets. We are continuing working with a network of partners to bring our Platform to market. I expect our Platform will contribute to our overall growth.”
POWERBRIDGE TECHNOLOGIES ANNOUNCES THE STRATEGIC ACQUISITION OF DTI GROUP TO EXPAND ITS OPERATIONS IN TRADE DIGITALIZATION
ZHUHAI, China, Nov 14, 2022 /PRNewswire/ — Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Company”), a provider of multi-industry technology solutions, announces that the Company has acquired 19% stake of DTI Group Limited (“DTI”), a technology company specializing in international trade digitalization and platforms.
The acquisition is consistent with the Company’s development plan and contributes to the expansion of its operations by building a trade digitalization ecosystem. DTI is one of the leading platform developers and service providers for Digital Trading Infrastructure & Online Dispute Resolution, a global project initiated by the United Nations Conference on Trade and Development. With the strategic acquisition, Powerbridge and DTI will be working closely together to implement the United Nation’s project (the “Project”).
The objective of the Project is to enhance digital trade connectivity and operations among online cross-border trade platforms and offline trade hubs in order to empower both the established and new global trade players. The Project will also be equipped with various digital trade systems that encourage cooperation and communications among local and global players, which is designed to increase the overall efficiency of cross-border trade and e-commerce.
Stewart Lor, CEO of Powerbridge commented: “We see that the market demand for international trade digitalization is growing rapidly. We look forward to working with DTI to integrate our technology and market resources in developing and implementing the United Nation’s Project. We believe this acquisition is critical to our growth and will enhance investor value.”
NEWS
PR Newswire•2 days agoPowerbridge Technologies, a provider of multi-industry technology solutions (Nasdaq: PBTS), has announced a strategic joint venture to establish Agro Digital Fintech Co., Ltd. (“Agro Digital or the Company”), a fintech and asset digitization company focused on the agriculture and livestock farming industries. The Company aims to create a robust digital financial ecosystem that drives value creation and leverages China’s Rural Revitalization Initiative (“the Initiative”).
PR Newswire•25 days agoPowerbridge Technologies (Nasdaq: PBTS), a leading provider of multi-industry technology solutions, has announced it has secured a second contract with OPPO, a globally recognized smart device manufacturer to implement Powerbridge Customs Clearance System (G-CIS) for OPPO’s export operations in Southeast Asia.
PR Newswire•last monthPowerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (the “Company” or “Powerbridge”), a provider of multi-industry technology solutions, today announced the closing of its 1-for-30 share consolidation of its ordinary shares (the “Share Consolidation”) effective immediately after the close of trading on Nasdaq Capital Market on June 8, 2023, and the Company’s ordinary shares are expected to begin trading on a post-consolidation basis at the open of trading on June 9, 2023. At market open on June 9,
PR Newswire•2 months agoPowerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (the “Company”, “Powerbridge”, or “PBTS”), a provider of multi-industry technology solutions, is pleased to announce upcoming measures to maintain continued listing status on the Nasdaq exchange, supporting the Company’s long-term growth strategy and bolstering its access to favorable positioning in current and upcoming acquisition negotiations.
PR Newswire•2 months agoPowerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (the “Company” or “PBTS”), a provider of multi-industry technology solutions, today announced that it has requested a hearing before the Nasdaq Hearings Panel as the next step in the process in seeking an extension to satisfy the minimum bid price requirement set forth in Listing Rule 5550(a)(2) (the “Rule”) for continued listing on The Nasdaq Capital Market (“Nasdaq”
- PR Newswire•3 months agoPOWERBRIDGE TECHNOLOGIES INVESTS IN HIGH-PERFORMANCE CRYPTO MINING EQUIPMENTPowerbridge Technologies, a provider of multi-industry technology solutions (Nasdaq: PBTS), has announced its recent acquisition of 1,200 units of A1346 Avalon Bitcoin Miners. The investment aligns with the Company’s long-term strategy in the crypto market.
PR Newswire•3 months agoPOWERBRIDGE TECHNOLOGIES ACQUIRES AIEDU, UNLOCKING NEW AVENUES FOR CHATGPT APPLICATIONSPowerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Company”), a leading provider of multi-industry technology solutions, today announced it has acquired 90% stake of Ascendent Insights Education Co., Ltd. (“AIedu”), an AI education service company. This move is part of Powerbridge’s strategy to expand its presence in the education industry and leverage AIedu’s expertise to further improve its offerings.
PR Newswire•3 months agoPOWERBRIDGE TECHNOLOGIES ACQUIRES MAJORITY STAKE IN DTI GROUP TO BUILD TRADE DIGITALIZATION ECOSYSTEMPowerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Company”), a provider of multi-industry technology solutions, has announced today that it has successfully acquired a majority stake of 51% in DTI Group, a leading platform developer and service provider for digital trade infrastructure in China.
PR Newswire•3 months agoCORPORATE OVERVIEW AND SHAREHOLDER UPDATE FOR POWERBRIDGE TECHNOLOGIESWith 25 years of experience, Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Company”), is an established provider of a broad spectrum of digital solutions and technology services. The Company’s offerings range from SaaS to ePlatforms and to Smart Devices for global trade, education, travel and leisure, and digital assets. Powerbridge’s clients span a diverse range of global trade and cross-border participants to retail customers and educators. Since listed on Nasdaq, Po
PR Newswire•4 months ago POWERBRIDGE TECHNOLOGIES UNVEILS HNT ROUTER MINER FOR DECENTRALIZED WIRELESS NETWORK CONNECTIVITYPowerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Company”), a provider of multi-industry technology solutions, has announced that Powerbridge has successfully developed the prototype of HNT Router Miner and software system based on the Helium network. The Helium Network is a decentralized wireless network designed to provide efficient connectivity for IoT devices.
PR Newswire•5 months ago POWERBRIDGE TECHNOLOGIES LAUNCHES WEB 3.0 CRYPTOCURRENCY ETF PLATFORMPowerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Company”), a provider of multi-industry technology solutions, is pleased to announce the launch of its decentralized cryptocurrency ETF platform (“Powerbridge ETF Platform” or the “Platform”) based on the cutting-edge Web 3.0 technology.
PR Newswire•5 months ago POWERBRIDGE TECHNOLOGIES UNVEILS PLANS TO LEVERAGE CHATGPT TECHNOLOGY FOR EARLY CHILDHOOD EDUCATIONPowerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Company”), a leading provider of multi-industry technology solutions, is pleased to announce its plan to integrate ChatGPT technology into the AI-powered online educational services provided by its subsidiary, Ascendent Insights Education Co., Ltd. (“AIedu”).
PR Newswire•8 months ago Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Company”), a provider of multi-industry technology solutions, announces that the Company has acquired 19% stake of DTI Group Limited (“DTI”), a technology company specializing in international trade digitalization and platforms.
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