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Madnessloid

Madnessloid

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2021-02-08

Moon bound

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2021-02-08

Awwman

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2021-02-02

Rvp nation

2021-03-17

$Romeo Power, Inc.(RMO)$buy high sell low

2021-02-13

Hao

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2021-02-08

$Optec International, Inc.(OPTI)$good

2021-02-02

Good

Ford to invest $1 billion to upgrade South Africa operations<blockquote>福特将投资10亿美元升级南非业务</blockquote>

2021-02-13

Bull

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2021-02-13

$Churchill Capital Corp IV(CCIV)$yea

2021-02-09

Please merge soon

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16:49","market":"us","language":"en","title":"Luckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States<blockquote>随着美国破产法第15章案件的启动，瑞星咖啡的重组工作向前推进</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1142907763","media":"globenewswire","summary":"Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stak","content":"<p><i>Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate LuckinCoffee’s Restructuring of its Financial Obligations</i></p><p><blockquote><i>开曼法院与美国破产法院之间的协调，以保护利益相关者的利益并促进瑞幸咖啡重组其财务义务</i></blockquote></p><p> <i>All Company Stores Remain Open and Serving Customers in China; No Material Impact on Daily Operations Expected</i></p><p><blockquote><i>公司所有门店保持营业并为中国客户提供服务；预计不会对日常运营产生重大影响</i></blockquote></p><p> <i>Company Continues to Meet Trade Obligations in the Ordinary Course of Business, Including Paying Suppliers, Vendors and Employees</i></p><p><blockquote><i>公司在日常业务过程中继续履行贸易义务，包括向供应商、销售商和员工付款</i></blockquote></p><p> BEIJING, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The Joint Provisional Liquidators (the “JPLs”) of Luckin Coffee Inc. (the “Company”) (OTC:LKNCY), Alexander Lawson of Alvarez &amp; Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez &amp; Marsal Asia Limited, today filed a verified petition under chapter 15 of title 11 of the United States Code (the “Chapter 15 Petition”) with the United States Bankruptcy Court for the Southern District of New York (the “U.S. Bankruptcy Court”). The Chapter 15 Petition seeks, among other things, recognition in the United States of the Company’s provisional liquidation pending before the Grand Court of the Cayman Islands (the “Cayman Court”), Financial Services Division, Cause No. 157 of 2020 (ASCJ) (the “Cayman Proceeding”)1and related relief.</p><p><blockquote>北京，2021年2月5日(环球通讯社)--瑞星咖啡公司（“公司”）（场外交易代码：LKNCY）的联合临时清算人（“JPLs”）、Alvarez&amp;Marsal Cayman Islands Limited的Alexander Lawson和Alvarez&amp;Marsal Asia Limited的Wing Sze Tiffany Wong今天根据美国法典第11篇第15章向美国纽约南区破产法院（“美国破产法院”）提交了一份经过验证的请愿书（“第15章请愿书”）。第15章呈请寻求（其中包括）美国承认本公司在开曼群岛大法院（“开曼法院”）金融服务部2020年第157号案件（ASCJ）（“开曼程序”）1待决的临时清算及相关救济。</blockquote></p><p> The Company is negotiating with its stakeholders regarding the restructuring of the Company’s financial obligations, to strengthen the Company’s balance sheet and enable it to emerge from the Cayman Proceeding as a going concern, for the benefit of all stakeholders. The relief sought in the Chapter 15 Petition is an important component of the Company’s restructuring. This relief will promote centralized administration of the Company’s assets by permitting coordination between the Cayman Court and the U.S. Bankruptcy Court, to protect the interests of stakeholders while facilitating the Company’s restructuring.</p><p><blockquote>为了所有利益相关者的利益，公司正在与其利益相关者就公司财务义务的重组进行谈判，以加强公司的资产负债表，并使其能够作为持续经营企业摆脱开曼诉讼。第15章申请中寻求的救济是公司重组的重要组成部分。这项救济将通过允许开曼法院和美国破产法院之间的协调来促进公司资产的集中管理，以保护利益相关者的利益，同时促进公司的重组。</blockquote></p><p> All Company stores remain open for business, offering products with high quality, affordability and convenience to its customers in China. The filing of the Chapter 15 Petition is not expected to materially impact the Company’s day-to-day operations. The Company continues to meet its trade obligations in the ordinary course of business, including paying suppliers, vendors and employees.</p><p><blockquote>公司的所有商店仍然营业，为中国的客户提供高质量、实惠和便利的产品。根据美国破产法第15章提交请愿书预计不会对公司的日常运营产生重大影响。公司在日常业务过程中继续履行其贸易义务，包括向供应商、销售商和员工付款。</blockquote></p><p> ______</p><p><blockquote>______</blockquote></p><p> 1The Company previously disclosed the commencement of the Cayman Proceeding on July 15, 2020.</p><p><blockquote>1本公司早前披露开曼诉讼于2020年7月15日展开。</blockquote></p><p> <b>Safe Harbor Statement</b></p><p><blockquote><b>安全港声明</b></blockquote></p><p></p><p> This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including Joint Provisional Liquidators. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the expense, timing and outcome of existing or future legal and governmental proceedings, investigations in connection with the Company; the outcome and effect of the ongoing restructuring of the Company’s financial obligations; the Company’s growth strategies; its future business development, results of operations and financial condition; the effect of the non-reliance identified in, and the resultant restatement of, certain of the Company’s previously issued financial results; the timing of the completion or outcome of the audit of the Company’s financial statements; the effectiveness of its internal control; its ability to retain and attract its customers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with its suppliers and business partners; trends and competition in China’s coffee industry or China’s food and beverage sector in general; changes in its revenues and certain cost or expense items; the expected growth of China’s coffee industry or China’s food and beverage sector in general; PRC governmental policies and regulations relating to the Company’s industry; the potential effects of COVID-19; and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</p><p><blockquote>本公告包含经修订的1934年证券交易法第21E节含义内的前瞻性陈述。这些前瞻性陈述是根据1995年美国私人证券诉讼改革法案的“安全港”条款做出的。这些陈述可以通过术语来识别，例如“将”、“期望”、“预期”、“未来”、“打算”、“计划”、“相信”、“估计”、“潜力”、“继续”、“正在进行”、“目标”、“指导”和类似的陈述。公司还可能在向美国证券交易委员会（“SEC”）提交的定期报告、向股东提交的年度报告、新闻稿和其他书面材料以及口头声明中做出书面或口头前瞻性陈述。其管理人员、董事或员工向第三方（包括联合临时清算人）。任何非历史事实的陈述，包括有关公司信念和期望的陈述，都是前瞻性陈述。前瞻性陈述涉及固有的风险和不确定性。许多因素可能导致实际结果与任何前瞻性陈述中包含的结果存在重大差异，包括但不限于以下内容：与公司相关的现有或未来法律和政府诉讼、调查的费用、时间和结果；公司财务义务正在进行的重组的结果和影响；公司的增长战略；其未来业务发展、经营业绩及财务状况；公司先前发布的某些财务业绩中识别的非依赖以及由此导致的重述的影响；公司财务报表审计的完成时间或结果；内部控制的有效性；其留住和吸引客户的能力；其维持及提升其品牌知名度及声誉的能力；其维持和改进质量控制政策和措施的能力；其与供应商和业务合作伙伴建立和维护关系的能力；中国咖啡行业或中国食品及饮料行业的趋势及竞争；其收入和某些成本或费用项目的变化；中国咖啡行业或中国食品及饮料行业整体的预期增长；与本公司所处行业有关的中国政府政策及法规；新冠肺炎的潜在影响以及全球和中国的总体经济和商业状况以及与上述任何内容相关或相关的假设。有关这些和其他风险、不确定性或因素的更多信息包含在公司向SEC提交的文件中。本新闻稿和附件中提供的所有信息均截至本新闻稿发布之日，公司不承担更新任何前瞻性声明的义务，除非适用法律要求。</blockquote></p><p> <b>About Luckin Coffee Inc.</b></p><p><blockquote><b>关于瑞星咖啡公司。</b></blockquote></p><p> Luckin Coffee Inc.&nbsp;(OTC:LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high affordability, and high convenience to customers. Empowered by big data analytics, AI, and proprietary technologies, the Company pursues its mission to be part of everyone’s everyday life, starting with coffee. The Company was founded in 2017 and is based in&nbsp;China. </p><p><blockquote>瑞星咖啡公司（场外交易代码：LKNCY）开创了一个技术驱动的零售网络，为顾客提供高品质、高性价比和高便利性的咖啡和其他产品。在大数据分析、人工智能和专有技术的支持下，该公司追求成为每个人日常生活一部分的使命，从咖啡开始。该公司成立于2017年，总部位于中国。</blockquote></p><p></p>","source":"lsy1573717531661","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Luckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States<blockquote>随着美国破产法第15章案件的启动，瑞星咖啡的重组工作向前推进</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLuckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in the United States<blockquote>随着美国破产法第15章案件的启动，瑞星咖啡的重组工作向前推进</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">globenewswire</strong><span class=\"h-time small\">2021-02-05 16:49</span>\n</p>\n</h4>\n</header>\n<article>\n<p><i>Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate LuckinCoffee’s Restructuring of its Financial Obligations</i></p><p><blockquote><i>开曼法院与美国破产法院之间的协调，以保护利益相关者的利益并促进瑞幸咖啡重组其财务义务</i></blockquote></p><p> <i>All Company Stores Remain Open and Serving Customers in China; No Material Impact on Daily Operations Expected</i></p><p><blockquote><i>公司所有门店保持营业并为中国客户提供服务；预计不会对日常运营产生重大影响</i></blockquote></p><p> <i>Company Continues to Meet Trade Obligations in the Ordinary Course of Business, Including Paying Suppliers, Vendors and Employees</i></p><p><blockquote><i>公司在日常业务过程中继续履行贸易义务，包括向供应商、销售商和员工付款</i></blockquote></p><p> BEIJING, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The Joint Provisional Liquidators (the “JPLs”) of Luckin Coffee Inc. (the “Company”) (OTC:LKNCY), Alexander Lawson of Alvarez &amp; Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez &amp; Marsal Asia Limited, today filed a verified petition under chapter 15 of title 11 of the United States Code (the “Chapter 15 Petition”) with the United States Bankruptcy Court for the Southern District of New York (the “U.S. Bankruptcy Court”). The Chapter 15 Petition seeks, among other things, recognition in the United States of the Company’s provisional liquidation pending before the Grand Court of the Cayman Islands (the “Cayman Court”), Financial Services Division, Cause No. 157 of 2020 (ASCJ) (the “Cayman Proceeding”)1and related relief.</p><p><blockquote>北京，2021年2月5日(环球通讯社)--瑞星咖啡公司（“公司”）（场外交易代码：LKNCY）的联合临时清算人（“JPLs”）、Alvarez&amp;Marsal Cayman Islands Limited的Alexander Lawson和Alvarez&amp;Marsal Asia Limited的Wing Sze Tiffany Wong今天根据美国法典第11篇第15章向美国纽约南区破产法院（“美国破产法院”）提交了一份经过验证的请愿书（“第15章请愿书”）。第15章呈请寻求（其中包括）美国承认本公司在开曼群岛大法院（“开曼法院”）金融服务部2020年第157号案件（ASCJ）（“开曼程序”）1待决的临时清算及相关救济。</blockquote></p><p> The Company is negotiating with its stakeholders regarding the restructuring of the Company’s financial obligations, to strengthen the Company’s balance sheet and enable it to emerge from the Cayman Proceeding as a going concern, for the benefit of all stakeholders. The relief sought in the Chapter 15 Petition is an important component of the Company’s restructuring. This relief will promote centralized administration of the Company’s assets by permitting coordination between the Cayman Court and the U.S. Bankruptcy Court, to protect the interests of stakeholders while facilitating the Company’s restructuring.</p><p><blockquote>为了所有利益相关者的利益，公司正在与其利益相关者就公司财务义务的重组进行谈判，以加强公司的资产负债表，并使其能够作为持续经营企业摆脱开曼诉讼。第15章申请中寻求的救济是公司重组的重要组成部分。这项救济将通过允许开曼法院和美国破产法院之间的协调来促进公司资产的集中管理，以保护利益相关者的利益，同时促进公司的重组。</blockquote></p><p> All Company stores remain open for business, offering products with high quality, affordability and convenience to its customers in China. The filing of the Chapter 15 Petition is not expected to materially impact the Company’s day-to-day operations. The Company continues to meet its trade obligations in the ordinary course of business, including paying suppliers, vendors and employees.</p><p><blockquote>公司的所有商店仍然营业，为中国的客户提供高质量、实惠和便利的产品。根据美国破产法第15章提交请愿书预计不会对公司的日常运营产生重大影响。公司在日常业务过程中继续履行其贸易义务，包括向供应商、销售商和员工付款。</blockquote></p><p> ______</p><p><blockquote>______</blockquote></p><p> 1The Company previously disclosed the commencement of the Cayman Proceeding on July 15, 2020.</p><p><blockquote>1本公司早前披露开曼诉讼于2020年7月15日展开。</blockquote></p><p> <b>Safe Harbor Statement</b></p><p><blockquote><b>安全港声明</b></blockquote></p><p></p><p> This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including Joint Provisional Liquidators. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the expense, timing and outcome of existing or future legal and governmental proceedings, investigations in connection with the Company; the outcome and effect of the ongoing restructuring of the Company’s financial obligations; the Company’s growth strategies; its future business development, results of operations and financial condition; the effect of the non-reliance identified in, and the resultant restatement of, certain of the Company’s previously issued financial results; the timing of the completion or outcome of the audit of the Company’s financial statements; the effectiveness of its internal control; its ability to retain and attract its customers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with its suppliers and business partners; trends and competition in China’s coffee industry or China’s food and beverage sector in general; changes in its revenues and certain cost or expense items; the expected growth of China’s coffee industry or China’s food and beverage sector in general; PRC governmental policies and regulations relating to the Company’s industry; the potential effects of COVID-19; and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.</p><p><blockquote>本公告包含经修订的1934年证券交易法第21E节含义内的前瞻性陈述。这些前瞻性陈述是根据1995年美国私人证券诉讼改革法案的“安全港”条款做出的。这些陈述可以通过术语来识别，例如“将”、“期望”、“预期”、“未来”、“打算”、“计划”、“相信”、“估计”、“潜力”、“继续”、“正在进行”、“目标”、“指导”和类似的陈述。公司还可能在向美国证券交易委员会（“SEC”）提交的定期报告、向股东提交的年度报告、新闻稿和其他书面材料以及口头声明中做出书面或口头前瞻性陈述。其管理人员、董事或员工向第三方（包括联合临时清算人）。任何非历史事实的陈述，包括有关公司信念和期望的陈述，都是前瞻性陈述。前瞻性陈述涉及固有的风险和不确定性。许多因素可能导致实际结果与任何前瞻性陈述中包含的结果存在重大差异，包括但不限于以下内容：与公司相关的现有或未来法律和政府诉讼、调查的费用、时间和结果；公司财务义务正在进行的重组的结果和影响；公司的增长战略；其未来业务发展、经营业绩及财务状况；公司先前发布的某些财务业绩中识别的非依赖以及由此导致的重述的影响；公司财务报表审计的完成时间或结果；内部控制的有效性；其留住和吸引客户的能力；其维持及提升其品牌知名度及声誉的能力；其维持和改进质量控制政策和措施的能力；其与供应商和业务合作伙伴建立和维护关系的能力；中国咖啡行业或中国食品及饮料行业的趋势及竞争；其收入和某些成本或费用项目的变化；中国咖啡行业或中国食品及饮料行业整体的预期增长；与本公司所处行业有关的中国政府政策及法规；新冠肺炎的潜在影响以及全球和中国的总体经济和商业状况以及与上述任何内容相关或相关的假设。有关这些和其他风险、不确定性或因素的更多信息包含在公司向SEC提交的文件中。本新闻稿和附件中提供的所有信息均截至本新闻稿发布之日，公司不承担更新任何前瞻性声明的义务，除非适用法律要求。</blockquote></p><p> <b>About Luckin Coffee Inc.</b></p><p><blockquote><b>关于瑞星咖啡公司。</b></blockquote></p><p> Luckin Coffee Inc.&nbsp;(OTC:LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high affordability, and high convenience to customers. Empowered by big data analytics, AI, and proprietary technologies, the Company pursues its mission to be part of everyone’s everyday life, starting with coffee. The Company was founded in 2017 and is based in&nbsp;China. </p><p><blockquote>瑞星咖啡公司（场外交易代码：LKNCY）开创了一个技术驱动的零售网络，为顾客提供高品质、高性价比和高便利性的咖啡和其他产品。在大数据分析、人工智能和专有技术的支持下，该公司追求成为每个人日常生活一部分的使命，从咖啡开始。该公司成立于2017年，总部位于中国。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"http://www.globenewswire.com/news-release/2021/02/05/2170477/0/en/Luckin-Coffee-s-Restructuring-Efforts-Move-Forward-with-Commencement-of-its-Chapter-15-Case-in-the-United-States.html\">globenewswire</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3d12f820102df1859c1d25e4011ee104","relate_stocks":{"LKNCY":"瑞幸咖啡"},"source_url":"http://www.globenewswire.com/news-release/2021/02/05/2170477/0/en/Luckin-Coffee-s-Restructuring-Efforts-Move-Forward-with-Commencement-of-its-Chapter-15-Case-in-the-United-States.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142907763","content_text":"Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate LuckinCoffee’s Restructuring of its Financial Obligations\nAll Company Stores Remain Open and Serving Customers in China; No Material Impact on Daily Operations Expected\nCompany Continues to Meet Trade Obligations in the Ordinary Course of Business, Including Paying Suppliers, Vendors and Employees\nBEIJING, Feb. 05, 2021 (GLOBE NEWSWIRE) -- The Joint Provisional Liquidators (the “JPLs”) of Luckin Coffee Inc. (the “Company”) (OTC:LKNCY), Alexander Lawson of Alvarez & Marsal Cayman Islands Limited and Wing Sze Tiffany Wong of Alvarez & Marsal Asia Limited, today filed a verified petition under chapter 15 of title 11 of the United States Code (the “Chapter 15 Petition”) with the United States Bankruptcy Court for the Southern District of New York (the “U.S. Bankruptcy Court”). The Chapter 15 Petition seeks, among other things, recognition in the United States of the Company’s provisional liquidation pending before the Grand Court of the Cayman Islands (the “Cayman Court”), Financial Services Division, Cause No. 157 of 2020 (ASCJ) (the “Cayman Proceeding”)1and related relief.\nThe Company is negotiating with its stakeholders regarding the restructuring of the Company’s financial obligations, to strengthen the Company’s balance sheet and enable it to emerge from the Cayman Proceeding as a going concern, for the benefit of all stakeholders. The relief sought in the Chapter 15 Petition is an important component of the Company’s restructuring. This relief will promote centralized administration of the Company’s assets by permitting coordination between the Cayman Court and the U.S. Bankruptcy Court, to protect the interests of stakeholders while facilitating the Company’s restructuring.\nAll Company stores remain open for business, offering products with high quality, affordability and convenience to its customers in China. The filing of the Chapter 15 Petition is not expected to materially impact the Company’s day-to-day operations. The Company continues to meet its trade obligations in the ordinary course of business, including paying suppliers, vendors and employees.\n______\n1The Company previously disclosed the commencement of the Cayman Proceeding on July 15, 2020.\nSafe Harbor Statement\nThis announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties, including Joint Provisional Liquidators. Any statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the expense, timing and outcome of existing or future legal and governmental proceedings, investigations in connection with the Company; the outcome and effect of the ongoing restructuring of the Company’s financial obligations; the Company’s growth strategies; its future business development, results of operations and financial condition; the effect of the non-reliance identified in, and the resultant restatement of, certain of the Company’s previously issued financial results; the timing of the completion or outcome of the audit of the Company’s financial statements; the effectiveness of its internal control; its ability to retain and attract its customers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with its suppliers and business partners; trends and competition in China’s coffee industry or China’s food and beverage sector in general; changes in its revenues and certain cost or expense items; the expected growth of China’s coffee industry or China’s food and beverage sector in general; PRC governmental policies and regulations relating to the Company’s industry; the potential effects of COVID-19; and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.\nAbout Luckin Coffee Inc.\nLuckin Coffee Inc. (OTC:LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high affordability, and high convenience to customers. Empowered by big data analytics, AI, and proprietary technologies, the Company pursues its mission to be part of everyone’s everyday life, starting with coffee. The Company was founded in 2017 and is based 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Inc.(OPTI)$good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/389803707","isVote":1,"tweetType":1,"viewCount":3349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315466951,"gmtCreate":1612272425073,"gmtModify":1703759643505,"author":{"id":"3572760238595610","authorId":"3572760238595610","name":"Madnessloid","avatar":"https://static.tigerbbs.com/c8eb7b7f7caab3777f3c2cb197448758","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572760238595610","authorIdStr":"3572760238595610"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/315466951","repostId":"1121523059","repostType":4,"repost":{"id":"1121523059","kind":"news","pubTimestamp":1612262282,"share":"https://www.laohu8.com/m/news/1121523059?lang=zh_CN&edition=full","pubTime":"2021-02-02 18:38","market":"us","language":"en","title":"Ford to invest $1 billion to upgrade South Africa operations<blockquote>福特将投资10亿美元升级南非业务</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1121523059","media":"reuters","summary":"JOHANNESBURG (Reuters) - Ford Motor Co will invest $1.05 billion in its South African manufacturing ","content":"<p>JOHANNESBURG (Reuters) - Ford Motor Co will invest $1.05 billion in its South African manufacturing operations, including upgrades to expand production of its Ranger pickup truck, the U.S. automaker said on Tuesday.</p><p><blockquote>约翰内斯堡（路透社）-美国汽车制造商福特汽车公司周二表示，将向其南非制造业务投资10.5亿美元，包括升级以扩大其Ranger皮卡的生产。</blockquote></p><p> The investments aim to increase Ford’s installed capacity in South Africa from 168,000 to 200,000 vehicles, said Andrea Cavallaro, operations director of Ford’s International Market Group.</p><p><blockquote>福特国际市场集团运营总监Andrea Cavallaro表示，这些投资旨在将福特在南非的装机容量从16.8万辆增加到20万辆。</blockquote></p><p> “It’s the biggest investment in Ford’s 97-year history in South Africa and one of the largest ever in the local automotive industry,” he told an announcement event.</p><p><blockquote>“这是福特在南非97年历史上最大的投资，也是当地汽车行业有史以来最大的投资之一，”他在宣布活动中表示。</blockquote></p><p> The amount includes $683 million for technology upgrades and new facilities at its plant in Silverton, a suburb of the administrative capital Pretoria, and $365 million to upgrade tooling at major supplier factories.</p><p><blockquote>其中包括6.83亿美元用于其位于行政首都比勒陀利亚郊区西尔弗顿工厂的技术升级和新设施，以及3.65亿美元用于主要供应商工厂的工具升级。</blockquote></p><p> The expanded production will create 1,200 jobs with Ford in South Africa, increasing the local workforce to 5,500 employees, while adding an estimated 10,000 new jobs across the carmaker’s supplier network.</p><p><blockquote>扩大生产将为福特在南非创造1,200个就业岗位，使当地员工人数增加到5,500人，同时在该汽车制造商的供应商网络中增加约10,000个新就业岗位。</blockquote></p><p> Ford also aims to make the Silverton plant entirely energy self-sufficient and carbon neutral by 2024, Cavallaro said.</p><p><blockquote>卡瓦拉罗表示，福特还计划到2024年使西尔弗顿工厂完全实现能源自给自足和碳中和。</blockquote></p><p></p>","source":"ltzww","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ford to invest $1 billion to upgrade South Africa operations<blockquote>福特将投资10亿美元升级南非业务</blockquote></title>\n<style 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#7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFord to invest $1 billion to upgrade South Africa operations<blockquote>福特将投资10亿美元升级南非业务</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">reuters</strong><span class=\"h-time small\">2021-02-02 18:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>JOHANNESBURG (Reuters) - Ford Motor Co will invest $1.05 billion in its South African manufacturing operations, including upgrades to expand production of its Ranger pickup truck, the U.S. automaker said on Tuesday.</p><p><blockquote>约翰内斯堡（路透社）-美国汽车制造商福特汽车公司周二表示，将向其南非制造业务投资10.5亿美元，包括升级以扩大其Ranger皮卡的生产。</blockquote></p><p> The investments aim to increase Ford’s installed capacity in South Africa from 168,000 to 200,000 vehicles, said Andrea Cavallaro, operations director of Ford’s International Market Group.</p><p><blockquote>福特国际市场集团运营总监Andrea Cavallaro表示，这些投资旨在将福特在南非的装机容量从16.8万辆增加到20万辆。</blockquote></p><p> “It’s the biggest investment in Ford’s 97-year history in South Africa and one of the largest ever in the local automotive industry,” he told an announcement event.</p><p><blockquote>“这是福特在南非97年历史上最大的投资，也是当地汽车行业有史以来最大的投资之一，”他在宣布活动中表示。</blockquote></p><p> The amount includes $683 million for technology upgrades and new facilities at its plant in Silverton, a suburb of the administrative capital Pretoria, and $365 million to upgrade tooling at major supplier factories.</p><p><blockquote>其中包括6.83亿美元用于其位于行政首都比勒陀利亚郊区西尔弗顿工厂的技术升级和新设施，以及3.65亿美元用于主要供应商工厂的工具升级。</blockquote></p><p> The expanded production will create 1,200 jobs with Ford in South Africa, increasing the local workforce to 5,500 employees, while adding an estimated 10,000 new jobs across the carmaker’s supplier network.</p><p><blockquote>扩大生产将为福特在南非创造1,200个就业岗位，使当地员工人数增加到5,500人，同时在该汽车制造商的供应商网络中增加约10,000个新就业岗位。</blockquote></p><p> Ford also aims to make the Silverton plant entirely energy self-sufficient and carbon neutral by 2024, Cavallaro said.</p><p><blockquote>卡瓦拉罗表示，福特还计划到2024年使西尔弗顿工厂完全实现能源自给自足和碳中和。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/us-ford-motor-safrica/ford-to-invest-1-billion-to-upgrade-south-africa-operations-idUSKBN2A210U?il=0\">reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c9c7511e646b4f70e751ca585ab218a0","relate_stocks":{"F":"福特汽车"},"source_url":"https://www.reuters.com/article/us-ford-motor-safrica/ford-to-invest-1-billion-to-upgrade-south-africa-operations-idUSKBN2A210U?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121523059","content_text":"JOHANNESBURG (Reuters) - Ford Motor Co will invest $1.05 billion in its South African manufacturing operations, including upgrades to expand production of its Ranger pickup truck, the U.S. automaker said on Tuesday.\nThe investments aim to increase Ford’s installed capacity in South Africa from 168,000 to 200,000 vehicles, said Andrea Cavallaro, operations director of Ford’s International Market Group.\n“It’s the biggest investment in Ford’s 97-year history in South Africa and one of the largest ever in the local automotive industry,” he told an announcement event.\nThe amount includes $683 million for technology upgrades and new facilities at its plant in Silverton, a suburb of the administrative capital Pretoria, and $365 million to upgrade tooling at major supplier factories.\nThe expanded production will create 1,200 jobs with Ford in South Africa, increasing the local workforce to 5,500 employees, while adding an estimated 10,000 new jobs across the carmaker’s supplier network.\nFord also aims to make the Silverton plant entirely energy self-sufficient and carbon neutral by 2024, Cavallaro 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18:38","market":"us","language":"en","title":"Ford to invest $1 billion to upgrade South Africa operations<blockquote>福特将投资10亿美元升级南非业务</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1121523059","media":"reuters","summary":"JOHANNESBURG (Reuters) - Ford Motor Co will invest $1.05 billion in its South African manufacturing ","content":"<p>JOHANNESBURG (Reuters) - Ford Motor Co will invest $1.05 billion in its South African manufacturing operations, including upgrades to expand production of its Ranger pickup truck, the U.S. automaker said on Tuesday.</p><p><blockquote>约翰内斯堡（路透社）-美国汽车制造商福特汽车公司周二表示，将向其南非制造业务投资10.5亿美元，包括升级以扩大其Ranger皮卡的生产。</blockquote></p><p> The investments aim to increase Ford’s installed capacity in South Africa from 168,000 to 200,000 vehicles, said Andrea Cavallaro, operations director of Ford’s International Market Group.</p><p><blockquote>福特国际市场集团运营总监Andrea Cavallaro表示，这些投资旨在将福特在南非的装机容量从16.8万辆增加到20万辆。</blockquote></p><p> “It’s the biggest investment in Ford’s 97-year history in South Africa and one of the largest ever in the local automotive industry,” he told an announcement event.</p><p><blockquote>“这是福特在南非97年历史上最大的投资，也是当地汽车行业有史以来最大的投资之一，”他在宣布活动中表示。</blockquote></p><p> The amount includes $683 million for technology upgrades and new facilities at its plant in Silverton, a suburb of the administrative capital Pretoria, and $365 million to upgrade tooling at major supplier factories.</p><p><blockquote>其中包括6.83亿美元用于其位于行政首都比勒陀利亚郊区西尔弗顿工厂的技术升级和新设施，以及3.65亿美元用于主要供应商工厂的工具升级。</blockquote></p><p> The expanded production will create 1,200 jobs with Ford in South Africa, increasing the local workforce to 5,500 employees, while adding an estimated 10,000 new jobs across the carmaker’s supplier network.</p><p><blockquote>扩大生产将为福特在南非创造1,200个就业岗位，使当地员工人数增加到5,500人，同时在该汽车制造商的供应商网络中增加约10,000个新就业岗位。</blockquote></p><p> Ford also aims to make the Silverton plant entirely energy self-sufficient and carbon neutral by 2024, Cavallaro said.</p><p><blockquote>卡瓦拉罗表示，福特还计划到2024年使西尔弗顿工厂完全实现能源自给自足和碳中和。</blockquote></p><p></p>","source":"ltzww","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ford to invest $1 billion to upgrade South Africa operations<blockquote>福特将投资10亿美元升级南非业务</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFord to invest $1 billion to upgrade South Africa operations<blockquote>福特将投资10亿美元升级南非业务</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">reuters</strong><span class=\"h-time small\">2021-02-02 18:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>JOHANNESBURG (Reuters) - Ford Motor Co will invest $1.05 billion in its South African manufacturing operations, including upgrades to expand production of its Ranger pickup truck, the U.S. automaker said on Tuesday.</p><p><blockquote>约翰内斯堡（路透社）-美国汽车制造商福特汽车公司周二表示，将向其南非制造业务投资10.5亿美元，包括升级以扩大其Ranger皮卡的生产。</blockquote></p><p> The investments aim to increase Ford’s installed capacity in South Africa from 168,000 to 200,000 vehicles, said Andrea Cavallaro, operations director of Ford’s International Market Group.</p><p><blockquote>福特国际市场集团运营总监Andrea Cavallaro表示，这些投资旨在将福特在南非的装机容量从16.8万辆增加到20万辆。</blockquote></p><p> “It’s the biggest investment in Ford’s 97-year history in South Africa and one of the largest ever in the local automotive industry,” he told an announcement event.</p><p><blockquote>“这是福特在南非97年历史上最大的投资，也是当地汽车行业有史以来最大的投资之一，”他在宣布活动中表示。</blockquote></p><p> The amount includes $683 million for technology upgrades and new facilities at its plant in Silverton, a suburb of the administrative capital Pretoria, and $365 million to upgrade tooling at major supplier factories.</p><p><blockquote>其中包括6.83亿美元用于其位于行政首都比勒陀利亚郊区西尔弗顿工厂的技术升级和新设施，以及3.65亿美元用于主要供应商工厂的工具升级。</blockquote></p><p> The expanded production will create 1,200 jobs with Ford in South Africa, increasing the local workforce to 5,500 employees, while adding an estimated 10,000 new jobs across the carmaker’s supplier network.</p><p><blockquote>扩大生产将为福特在南非创造1,200个就业岗位，使当地员工人数增加到5,500人，同时在该汽车制造商的供应商网络中增加约10,000个新就业岗位。</blockquote></p><p> Ford also aims to make the Silverton plant entirely energy self-sufficient and carbon neutral by 2024, Cavallaro said.</p><p><blockquote>卡瓦拉罗表示，福特还计划到2024年使西尔弗顿工厂完全实现能源自给自足和碳中和。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.reuters.com/article/us-ford-motor-safrica/ford-to-invest-1-billion-to-upgrade-south-africa-operations-idUSKBN2A210U?il=0\">reuters</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/c9c7511e646b4f70e751ca585ab218a0","relate_stocks":{"F":"福特汽车"},"source_url":"https://www.reuters.com/article/us-ford-motor-safrica/ford-to-invest-1-billion-to-upgrade-south-africa-operations-idUSKBN2A210U?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121523059","content_text":"JOHANNESBURG (Reuters) - Ford Motor Co will invest $1.05 billion in its South African manufacturing operations, including upgrades to expand production of its Ranger pickup truck, the U.S. automaker said on Tuesday.\nThe investments aim to increase Ford’s installed capacity in South Africa from 168,000 to 200,000 vehicles, said Andrea Cavallaro, operations director of Ford’s International Market Group.\n“It’s the biggest investment in Ford’s 97-year history in South Africa and one of the largest ever in the local automotive industry,” he told an announcement event.\nThe amount includes $683 million for technology upgrades and new facilities at its plant in Silverton, a suburb of the administrative capital Pretoria, and $365 million to upgrade tooling at major supplier factories.\nThe expanded production will create 1,200 jobs with Ford in South Africa, increasing the local workforce to 5,500 employees, while adding an estimated 10,000 new jobs across the carmaker’s supplier network.\nFord also aims to make the Silverton plant entirely energy self-sufficient and carbon neutral by 2024, Cavallaro 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