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GTJAI Reaffirmed as Constituent of FTSE's ESG Index

GTJAI Reaffirmed as Constituent of FTSE's ESG Index
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First High-School Education Group Announces Director Appointment

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BEIJING, May 10, 2021 /PRNewswire/ First High-School Education Group Co., Ltd. ( First High-School Education Group or the Company ) (NYSE: FHS), the largest operator of private high schools in Western China and the third largest operator in China
[1], today announced the appointment of Mr. Pengwei Luo ( Mr. Luo ) as a director of the Company s board of directors (the Board ), effective from May 10, 2021. Upon the effectiveness of Mr. Luo s appointment, the Board will consist of five directors, including two independent directors.
Mr. Luo is the founder and the managing director of Spring River Greater China Fund, which he founded in 2014. Mr. Luo manages and supervises the daily operation of ten asset management companies since July 2020. From 2010 to 2014, Mr. Luo served as a portfolio manager at Yinhua Fund Management Co., Ltd. From 2005 to 2009, Mr. Luo served as a portfolio manager at the asset management department at ....

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SPAC rumor mill churns over autonomous truck software developer Plus

SPAC rumor mill churns over autonomous truck software developer Plus
Startup ‘open to all kinds’ of capital raising but mum on blank-check merger
0 66 3 minutes read
A Bloomberg report has autonomous trucking software maker Plus close to a SPAC merger with Hennessy Capital. (Photo: Plus)
Self-driving truck software startup Plus is reportedly in talks to merge with the same investor group that brought public electric vehicle startup Canoo Inc. (NASDAQ: GOEV), school bus maker Blue Bird Corp. (NASDAQ: BLBD) and flatbed logistics specialist Daseke Inc. (NASDAQ: DSKE).
Rumors of the Cupertino, California-based startup aligning with a special purpose acquisition company (SPAC) have circulated for months. Bloomberg reported Friday that Plus is in talks with Hennessy Capital Investment Corp. V (NASDAQ: HCIC) in a deal that could be announced as soon as this week. ....

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Sequoia-Backed Driverless Truck Startup Reportedly Seeks SPAC Merger

Sequoia-Backed Driverless Truck Startup Reportedly Seeks SPAC Merger
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Guotai Junan leads $200m funding in Sequoia-backed truck startup PlusAI

Guotai Junan leads $200m funding in Sequoia-backed truck startup PlusAI
February 18, 2021
Chinese self-driving truck startup PlusAI, Inc., has raked in $200 million in a new funding round to accelerate its global expansion plans.
An earlier Bloomberg report in August 2019 had pegged the valuation of PlusAI at over $1 billion.
The round has been led by Guotai Junan International Holdings, with participation from new investors namely CITIC Private Equity Funds Management (CPE) and Wanxiang International Investment.
A slew of existing investors re-upped in the transaction – these include Sequoia Capital China, US global venture capital firm Mayfield Fund, SoftBank-backed Chinese long-haul truck major Full Truck Alliance (FTA), Lightspeed China Partners, early-stage focused GSR Ventures, state-backed SAIC Motor, and China Growth Capital, the investee said in a WeChat post. ....

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