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Glory Star expected to further increase profitability

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Glory Star New Media Group, a Nasdaq-listed digital media platform and content-driven e-commerce company in China, is expected to be able to further increase its profitability with its growing market share and economy of scale.

The company reported a 15.8% growth in its Non-GAAP net income to US$16.9 million for the six-months ended June 30 from US$14.6 million in the same period of last year.

During the first half of this year, the company’s total revenues grew 144.6% to US$71.9 million from US$29.4 million, thanks to the increase in advertising revenues and Cheers e-Mall marketplace service revenue, primarily attributable to the development and promotion of its mobile and online businesses.

Income from operations surged 40.9% to US$16.2 million from US$11.5 million.

During the first half year of 2021, the company successfully grew its top and bottom lines as it allocated more resources to sales and marketing to augment its brand equity and fuel its long-term growth engine.

The company’s rising economy of scale will allow it to gradually reduce operating expenses and capitalize on the rising popularity of video content and deliver lasting shareholder value.

At the end of June 30, the number of downloads of the company’s Cheers App reached 215.6 million, up from 121 million a year earlier. The increase in the number, a key indicator of the attractiveness and usability of its Cheers App and its e-Mall platform traffic, showed that it had successfully converted viewers of its content to its Cheers App.

Average daily active users (DAUs) of the app grew to 7.1 million from 4.5 million for the same period. Stock Keeping Units (SKUs) on its Cheers e-Mall platform jumped to 231,630 from 19,984.

Gross Merchandise Value (GMV) of the Cheers App reached US$181.2 million in the first six months of this year, compared with US$20 million in the same period of 2020. The increase in GMV was driven significantly by its ability to attract and retain users to its Cheers App through its professionally produced content and its ability to further enhance its product offerings.

The company has a strong commitment to its corporate mission, meticulous execution of growth strategies, methodical expansion in both overseas and domestic markets, proactive engagement of Generation Z users through innovative products, and prudent investment in sales and marketing initiatives. It plans to refine its competitive edge in content-driven e-commerce of premium lifestyle, deepen our expertise in integrating quality content with lifestyle commerce, and expand our brand influence among Generation Z consumers on a global basis.

During the first half year, the resurgence of Covid-19 and its Delta variant caused the Chinese government to impose travel restrictions within mainland China, particularly in the southern regions of the country.

The company temporarily suspended the production of its traditional “Cheers Series” TV programs, thus resulting in a decline in its cost of revenues during the first six month of 2021. Once the travel restrictions are eased, the company will resume its content production activities in the second half of this year.

As of June 30, 2021, the company had cash and cash equivalents of US$20.3 million, compared with US$17.7 million at the end of last year.

Blockchain and AI technologies

Since its establishment in 2016, Glory Star has pioneered a unique, new business model integrating e-commerce services with premium video content. With the use of blockchain and AI technologies in its systems, the company has become a leading online digital media and entertainment company in China, with a strong track record both in terms of viewership and production capabilities. The company launched its Cheers App in 2018 to integrate e-commerce services with professionally generated content (PGC).

During the first half, the company produced many more live streaming shows and started to provide title sponsor advertising services at a higher price point. It also spent substantially on the development of the Cheers Chat and Cheers Car.

The company plans to provide more user-generated content (UGC) by forming partnerships with other platforms. It will allow global users to upload their content to its video platforms in the fourth quarter of this year while users will receive advertising revenue or get rewards from viewers directly.

The company will also allow content providers to use its software-as-a-service (SaaS) supply chain system with the blockchain technology that will help them match with relevant merchandisers. Content providers will be able to share the revenue from the sales of products on their video accounts.

The company’s ability to integrate premium lifestyle content, including short videos, online variety shows, online dramas, live streaming, its Cheers lifestyle video series, e-Mall, and mobile app, along with innovative e-commerce offerings on its platform enables it to pursue its mission of enriching people’s lives.

Its large and active user base has created valuable engagement opportunities with consumers and enhanced platform stickiness with thousands of domestic and international brands.

Non-fungible token

Glory Star’s Naschain platform offers one-stop solutions, which include smart contract, multichain universe and cross-chain consensus mechanisms, to users with its blockchain technology. It can help e-shoppers trace the origins of the products, avoid buying counterfeit goods, lower their logistics costs and protect their privacy.

The company has signed an agreement with the Beijing Minsheng Art Museum to use the company’s non-fungible token (NFT) technology, which can be used in copy-rights’ registration, verification, transaction and valuation, to protect the intellectual property of the museum’s artworks. The company will be able to boost its market share by acquiring some NFT service providers.

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DataShyre Launches Advanced GDPR Software to Help Organizations Simplify Privacy Compliance

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United States, 23rd Jul 2026 – DataShyre today announced the continued expansion of its AI-powered GDPR Software, giving organizations a modern platform to automate privacy compliance, reduce regulatory risk, and replace manual processes with intelligent workflows.

As privacy regulations continue to evolve across Europe and around the world, businesses are under increasing pressure to demonstrate accountability while managing consent, data subject requests, data inventories, and risk assessments. DataShyre’s GDPR Software provides a unified platform designed to help privacy, legal, IT, and marketing teams work together more efficiently while maintaining audit-ready compliance.

Unlike traditional compliance tools that require multiple disconnected products, DataShyre combines consent management, automated Data Subject Request (DSR) fulfillment, data mapping, privacy assessments, AI governance, and reporting into a single platform. Organizations gain real-time visibility into their privacy program while reducing administrative overhead and improving operational efficiency.

“Our goal is to make privacy compliance practical instead of overwhelming,” said David Ewing, Founder and CEO of DataShyre. “Many organizations spend countless hours managing spreadsheets, responding to requests manually, and trying to keep up with changing regulations. Our GDPR Software helps automate those processes so teams can focus on innovation while maintaining confidence in their compliance program.”

The platform is built to support organizations of all sizes, from growing businesses implementing their first privacy program to global enterprises managing complex regulatory requirements across multiple jurisdictions. With customizable workflows, API integrations, automated reporting, and continuous monitoring, DataShyre enables companies to scale their privacy operations without dramatically increasing headcount.

Key capabilities include:

  • Automated GDPR compliance workflows
  • Consent management and preference centers
  • Data Subject Request (DSR) automation
  • Data discovery and mapping
  • Privacy Impact Assessments (PIAs) and risk management
  • AI governance and privacy monitoring
  • Audit-ready reporting and documentation
  • Integration with hundreds of business systems

As organizations increasingly rely on AI, cloud platforms, and digital marketing technologies, maintaining visibility into personal data has become more challenging than ever. DataShyre addresses this challenge by helping businesses continuously monitor their privacy posture while adapting to changing regulatory requirements.

Businesses evaluating privacy platforms can learn more about choosing the right GDPR Software by visiting:

https://datashyre.com/best-gdpr-software/ 

The guide provides a comprehensive overview of the features organizations should consider when evaluating GDPR Software, including automation, consent management, scalability, integration capabilities, security, reporting, and long-term compliance support.

DataShyre’s platform is designed to help organizations move beyond checkbox compliance by creating sustainable privacy operations that improve efficiency, strengthen customer trust, and support long-term business growth.

To learn more about DataShyre and its complete suite of privacy automation solutions, visit https://datashyre.com .   

About DataShyre

DataShyre is an AI-powered privacy automation platform that helps organizations simplify compliance through intelligent consent management, DSR automation, data mapping, privacy assessments, AI governance, and continuous monitoring. The company enables businesses to modernize their privacy operations while reducing manual effort and maintaining compliance with GDPR and other global privacy regulations.

Media Contact

Organization: DataShyre

Contact Person: David Ewing

Website: https://datashyre.com/best-gdpr-software/

Email: Send Email

Country:United States

Release id:47441

The post DataShyre Launches Advanced GDPR Software to Help Organizations Simplify Privacy Compliance appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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RecoveryOhio Launches RecoveryRachel, an AI Behavioral Health Navigator

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Statewide platform powered by Psyrin’s AI technology lets Ohioans find mental health and addiction treatment through voice and chat conversations, now live at RecoveryRachelOhio.org

United States, 23rd Jul 2026 – Psyrin, a technology company building responsible AI for behavioral health, is delighted to announce the launch of RecoveryRachel, a first-of-its-kind, AI-powered behavioral health treatment finder that helps Ohioans quickly and confidently identify the right mental health and substance use services for their needs. The platform is now live at RecoveryRachelOhio.org. Launched by RecoveryOhio and developed in partnership with Psyrin and RingMD, RecoveryRachel replaces the guesswork of traditional directories with guided, conversational support.

Accessing behavioral health care in Ohio has historically meant navigating a fragmented system of hundreds of providers, programs, and eligibility requirements, often during moments of stress or crisis. Traditional directories assume people already know what to search for, placing the burden of interpreting complex information on the individual and leading to delays and missed connections to care. Nationally, untreated mental illness alone costs an estimated $282 billion each year, and more than 10.7 million emergency department visits annually are tied to mental health and substance use disorders, many of them avoidable when people can reach the right care sooner.

RecoveryRachel changes that. Instead of relying on keyword search or manual filtering, residents can simply describe their situation in plain language, by voice or chat, and be guided to appropriate care. The platform pairs a continuously updated provider database with an intelligent conversational assistant, “Rachel,” that helps users move from uncertainty to actionable next steps in minutes. No account or login is required, and the experience is confidential. To the state’s knowledge, it is among the first implementations of voice-enabled AI navigation in a public-sector behavioral health context.

“Bringing AI into the world of recovery carries real responsibility, and we treated that as a design requirement, not an afterthought,” said Dr. Julianna Olah, co-founder and Chief Technology Officer at Psyrin. “RecoveryRachel was built with layered guardrails, human-centered safeguards, and rigorous testing so that every interaction is safe, accurate, and grounded in verified provider information. People often reach out in their most vulnerable moments, and they deserve technology that is careful, transparent, and worthy of their trust.”

“Access is often the difference between someone getting help today and falling through the cracks,” said Dr. Raheem Chaudhry, co-founder and Chief Operating Officer at Psyrin. “By letting Ohioans describe what they need in their own words, RecoveryRachel removes the burden of navigating a complex system alone. This launch advances our mission to make quality behavioral health care easier to find and reach for everyone, and it shows what’s possible when states use AI to deliver real, measurable improvements in access.”

RecoveryRachel was delivered through multi-agency collaboration led by RecoveryOhio, alongside community stakeholders and partners across the state. Psyrin and RingMD helped develop the underlying technology, with Psyrin fueling the underlying AI infrastructure that powers Rachel’s voice and chat experience. With the platform now live, Psyrin remains committed to continuing to develop and improve RecoveryRachel, expanding its capabilities and making behavioral health care even easier for Ohioans to find and reach.

Media Contact

Organization: Psyrin, Inc.

Contact Person: Raheem Chaudhry

Website: https://psyrin.com/

Email: Send Email

Address:Floor 7, 650 California St, San Francisco, CA 94108

Country:United States

Release id:47438

The post RecoveryOhio Launches RecoveryRachel, an AI Behavioral Health Navigator appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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TYF’s New Infinite Welding Machine for Precast Concrete Rebar Cuts Manual Labor by 90 Percent

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New servo-driven automated mesh welder eliminates fixed-grid limits and secondary bending; deployed across Middle East, Southeast Asia, and U.S. infrastructure markets

Tianjin, China, 23rd Jul 2026 – Tianjin Yinfeng Intelligent Manufacturing Co., Ltd. (TYF), a China-based supplier of automated steel rebar processing equipment for precast concrete and infrastructure projects, has released its latest servo-driven infinite flexible welding mesh machine. The equipment, which meets CE, ISO 9001, and ASTM A1064 standards, is designed to resolve the fixed-grid limitations and labor-intensive secondary bending processes that have long challenged PC component manufacturers in North America, Europe, the Middle East, and Southeast Asia. Verified plant data shows the machine reduces on-site rebar binding labor from 20 workers to just 2 operators, while supporting over 400 mesh specification changes per day without production stoppage. Global order acceptance begins immediately, with mass production and international container shipping scheduled from August 10, 2026.

Core Technological Breakthroughs & Product Advantages

Built on the company’s 16 years of steel processing equipment R&D and manufacturing experience, the infinite flexible welding mesh machine resolves key production bottlenecks faced by prefabricated component factories through verifiable technical upgrades:
1.Infinite Longitudinal Bar Spacing Adjustable Technology : Different from traditional rebar mesh welding machines with fixed modulus grid limitations that fail to meet non-standard precast slab mesh demands for overseas projects, TYF’s infinite flexible welding mesh machine supports full free spacing adjustment, covering 80mm, 90mm and all non-50-multiple custom specifications. The equipment realizes zero shutdown and zero waiting during parameter switching, supporting over 400 types of steel mesh production per day. It effectively solves the personalized customization pain points of prefabricated component factories in European, Middle Eastern and Southeast Asian infrastructure projects, helping overseas enterprises save factory space and production line investment costs.

2.Integrated welding, bending and opening forming: The all-in-one structure completes mesh forming, edge bending and reserved window hole cutting in one automated workflow, removing secondary manual shaping processes that previously occupied extra labor and workshop space. Finished mesh diagonal error is controlled within ±5 mm to meet international construction acceptance standards.

3.Minimal labor operation design: The full servo-driven production line only requires two on-site operators to replace traditional 20-person manual binding teams. Annual labor expenditure reduction reaches 1.296 million RMB per production line, with total annual comprehensive operating costs capped at 194,000 RMB versus 3.66 million RMB for manual production modes.

4.Digital linkage with factory management systems: The machine connects seamlessly with Yinfeng’s self-developed AI drawing recognition system and MES production platform. CAD files are automatically parsed to generate production parameters and material coding, removing manual data entry and cutting drawing processing labor hours by more than 70 percent.

Global Compliance & Certifications

The machine is engineered to meet EU Machinery Directive (CE), ISO 9001 quality management, and ASTM A1064/A1064M structural rebar standards, ensuring seamless qualification for public infrastructure tenders in Europe, GCC states, ASEAN, and North America. Full lot-specific inspection certificates and material test reports are automatically generated per batch, satisfying both local construction authority audits and cross-border customs clearance requirements under HS Code 8515.80.

All equipment passes CE certification meeting technical requirements for cross-border infrastructure tender projects in Eurasian and African regions. All product inspection records and qualification documents are supplied for overseas engineering bidding and customs clearance.

Order Availability & Customized Service Support

The infinite flexible welding mesh machine accepts global custom project orders via Yinfeng’s official website and dedicated international sales team effective July 17, 2026. Standard and non-standard customized units enter mass production on August 10, 2026, with containerized export packaging arranged for all overseas shipments.

Beyond standalone welding mesh equipment, Tianjin Yinfeng provides full-spectrum tailored solutions for global clients: full intelligent rebar processing plant layout planning, digital twin cloud platform deployment, MES system docking, on-site installation and multi-language operation training, and long-term overseas remote technical after-sales support. Engineers deliver free factory layout drawings and production capacity calculation reports within 72 hours upon client demand.

Enterprise Management Quote

“The launch of our infinite flexible welding mesh machine marks a key milestone in our global intelligent construction equipment layout, targeting the fragmented multi-specification production demands of prefabricated PC factories worldwide.” Zhao Jingyu, Operation Customer Service Manager, Tianjin Yinfeng Intelligent Manufacturing Co., Ltd. stated. “Our R&D team spent multiple years optimizing servo control and resistance welding cooling structures to cut manual reliance and stabilize finished product quality, matching the rising demand for automated rebar processing in global infrastructure.”

Industry Background & Corporate Strategy

According to IMARC Group’s construction machinery research data, accelerated global prefabricated construction adoption and labor cost inflation across Europe, Southeast Asia and the Middle East drive steady demand for automated steel rebar processing machinery, with the international intelligent rebar equipment market posting a compound annual growth rate of 6.2 percent through 2030.

Tianjin Yinfeng’s new flexible welding mesh machine rollout aligns with this global market shift toward low-labor, digitally connected precast production lines. The firm’s integrated hardware and software offering combines rebar processing machinery, AI drawing recognition, MES execution software and digital twin visualization platforms, addressing end-to-end intelligent factory transformation needs for construction contractors and component manufacturers participating in cross-border Belt and Road infrastructure projects.

Future Roadmap

Moving forward, Tianjin Yinfeng Intelligent Manufacturing Co., Ltd. will maintain consistent investment in mechanical and digital technology R&D for rebar processing equipment. The company plans to launch upgraded laser welding robotic accessories compatible with the infinite flexible welding mesh machine in Q1 2027, further expanding automated welding capacity for high-end precast components.

The enterprise will also expand its global localized service network, arranging multilingual technical after-sales engineers for long-term stationing in Saudi Arabia, Uzbekistan and Southeast Asia to deliver on-site equipment maintenance and factory digital system debugging for local overseas construction clients.

Company Profile

Tianjin Yinfeng Intelligent Manufacturing Co., Ltd., founded September 6, 2010, operates under the TYF global brand as a supplier of intelligent steel rebar processing equipment and digital twin factory management systems.

The company’s 20,000 square-meter manufacturing base sits in North Jinghai Economic Development Zone, Tianjin, with a workforce of 300 staff covering mechanical R&D, international trade and global after-sales teams. It holds invention patents, utility model patents and software copyrights for rebar processing machinery, and co-authored the industry textbook Intelligent Processing Technology of Steel Reinforcement Products with the China Architecture Society. Its equipment has been deployed across landmark overseas projects including the Moscow-Saint Petersburg High-Speed Railway, Saudi NEOM New City and Argentina Santa Cruz Hydropower Station, serving more than 450 domestic and international construction clients across Europe, the Middle East, Southeast Asia and North Africa.

The corporate mission is to leverage intelligent machinery and digital technology to reduce costs, raise quality and cut manual labor for prefabricated construction, supporting the global expansion of Chinese intelligent manufacturing.
Additional corporate and product information is available at http://www.tyfmachine.com/.

Media Contact

Organization: Tianjin Yinfeng Intelligent Manufacturing Co., Ltd.

Contact Person: Tony Ding

Website: http://www.tyfmachine.com/

Email: Send Email

Contact Number: +8618522106753

Address:No.19 Central Avenue, North Zone, Jinghai Economic Development Zone, Tianjin City, China

City: Tianjin

Country:China

Release id:47416

The post TYF’s New Infinite Welding Machine for Precast Concrete Rebar Cuts Manual Labor by 90 Percent appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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