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Tuya Smart’s HEMS Recognized in UNGC “20 CASES FOR 20 YEARS” of Private Sector Sustainable Development in China

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2 years ago

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NEW YORK, Nov. 29, 2024 /PRNewswire/ — Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, was recognized at the “20 CASES FOR 20 YEARS” of Private Sector Sustainable Development in China organized by UNGC, for its innovative Home Energy Management System (HEMS). This recognition highlights Tuya’s deep commitment to ESG principles and its comprehensive dedication to sustainable development.

This year marks the 20th anniversary of the introduction of the ESG concept. To commemorate this milestone, UNGC launched the “20 CASES for 20 YEARS” initiative, inviting submissions from businesses operating in China. Following a rigorous evaluation process conducted by a case selection committee comprising senior representatives from the United Nations system and academic specialists, 20 exemplary sustainable development cases were selected. These cases, including those from Tuya, Tencent, Ant Group, Trip.com, and CATL, were chosen for their economic efficiency, practicality, scalability, innovation, and inclusivity. Moving forward, these flagship cases will be promoted globally through multilingual channels within the UN system, showcasing their impact and fostering broader adoption.

Eva Na, Vice President of Marketing and Strategic Cooperation and CMO of Tuya Smart stated: “We are honored that our HEMS has been included in the UNGC’s case collection. This recognition reflects Tuya’s unwavering commitment to balancing social responsibility, environmental protection, and economic growth. Tuya has consistently integrated smart technology into every link of the energy chain. Through our HEMS, we have not only promoted smart energy management but also inspired households to participate in energy saving and carbon reduction, truly achieving participation from everyone. In the future, we sincerely hope the HEMS can provide experience and reference for more enterprises and contribute collectively to promoting sustainable development.”

Tuya Promotes Smart Energy Management with Innovative Solutions

Tuya has always adhered to empowering various industries to achieve smart energy management through AI and other cutting-edge technologies. Considering household electricity accounts for as much as 30% of power consumption in most countries globally, Tuya has strategically developed the HEMS with foresight, providing detailed energy consumption analysis reports and real-time operational management options to help households advance towards smart energy use.

In Singapore, where energy demand is high, Tuya’s HEMS has been widely adopted, with projections indicating that it will help 1.8 million households achieve an average energy savings of 25%. Some households have even reported a remarkable 54% reduction in monthly electricity costs. Furthermore, Tuya has partnered with local air conditioning manufacturers to enable energy-efficient control through infrared sensors integrated into the air conditioners. This initiative not only brings tangible energy savings to Singaporean households but also significantly contributes to the realization of Singapore’s “Smart Nation” vision.

Tuya Collaborates with Partners to Boost Global Sustainable Development

Adhering to the concept of win-win cooperation, Tuya closely collaborates with numerous customers, developers, and governments, actively practicing ESG principles and providing a series of necessary tools and support to help them create personalized smart solutions to face various energy management challenges.

In Europe, Tuya’s collaboration with Xanlite led to innovative smart home energy-saving solutions, promoting green living in households across the region. Additionally, Tuya formed partnerships with global entities such as Nahui New Energy Technology by Haier Group and ESR，APAC’s leading real asset management group working to expand the adoption of smart home energy management solutions globally.

It is also worth mentioning that Tuya recently participated in the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29). During the event, Tuya’s HEMS and its application cases were prominently featured, offering international attendees innovative and efficient solutions for energy transition. This highlighted the immense potential of smart energy management solutions in driving global carbon reduction efforts and underscored Tuya’s commitment to advancing sustainability on a global scale.

By collaborating with global developers, businesses, and governments, Tuya is accelerating the creation of a robust smart ecosystem. This ecosystem has significantly enhanced Tuya’s capabilities in key ESG areas such as operational compliance, ecological protection, workplace safety, and public welfare. Looking ahead, Tuya will continue to deepen its exploration and practice in the field of sustainable development, leading society toward a smarter and greener future.

View original content:https://www.prnewswire.com/news-releases/tuya-smarts-hems-recognized-in-ungc-20-cases-for-20-years-of-private-sector-sustainable-development-in-china-302318691.html

SOURCE Tuya Smart

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Eqvista Launches Company-Sponsored Tender Offers, Expanding Private Market Liquidity Capabilities

Published

43 minutes ago

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October 19, 2026

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New tender offer capabilities connect equity management with real-time valuation data covering approximately 65,000 private companies with a combined estimated value of $9 trillion, laying the groundwork for future secondary marketplace capabilities.

SAN FRANCISCO, Oct. 19, 2026 /PRNewswire/ — Eqvista, a leading equity management and valuation platform serving more than 25,000 companies, today announced the launch of company-sponsored tender offer capabilities, enabling private companies to organize structured liquidity events directly within their equity management platform. The launch also marks a step toward Eqvista’s planned secondary marketplace capabilities.

As companies stay private longer, employees and early investors face limited opportunities to sell their shares. Meanwhile, organizing liquidity events involves complex decisions around pricing, participant eligibility, approvals, and ownership changes.

Eqvista brings these processes together through a company-controlled tender offer workflow, supported by its equity management infrastructure and Eqvista Real-Time Company Valuation® technology.

“With Eqvista, private companies can help their employees and early investors turn their shares into cash, rewarding them for their contributions to the company,” said Tomas Milar, Founder and CEO of Eqvista. “We already help companies manage ownership and understand their value. Bringing tender offers into the same platform is a natural next step toward connecting equity management, valuation, and liquidity.”

Company-Controlled Tender Offers

Eqvista’s new capabilities allow companies to manage tender offers while maintaining control over participation, transaction terms, and ownership changes.

Key features include:

Cap table integration: Automatically record completed ownership changes.Participant controls: Define eligible buyers and sellers and offer windows.Allocation rules: Set transaction limits, pro rata allocations, and priorities.Integrated approvals: Manage approval requirements and rights of first refusal.Valuation-informed pricing: Reference Eqvista Real-Time Company Valuation® data when evaluating transaction pricing.

By integrating these processes, Eqvista aims to reduce the administrative complexity of organizing liquidity events while helping companies maintain control over their shareholder base.

Building Toward a Secondary Marketplace

Building on its company-sponsored tender offer capabilities, Eqvista plans to expand into secondary marketplace infrastructure designed to support structured, company-approved liquidity programs. By connecting ownership records, real-time valuation data, and private share transactions within one platform, Eqvista aims to make private market liquidity more accessible while allowing companies to maintain control over participation and ownership changes. Further details will be announced as development progresses, subject to applicable regulatory requirements.

Learn more about Eqvista’s Company-Sponsored Tender Offers.

About Eqvista

Eqvista is an equity management and valuation platform building infrastructure for private markets. Trusted by more than 25,000 companies worldwide, Eqvista combines equity management, in-house valuation expertise, and AI-powered technology to help private companies manage ownership and understand their value. Eqvista Real-Time Company Valuation® technology covers approximately 65,000 U.S. private companies representing an estimated $9 trillion in combined value.

Contact Information
Jakub Vele
Head of Marketing
424978@email4pr.com
+1 (415) 375-4963

View original content to download multimedia:https://www.prnewswire.com/news-releases/eqvista-launches-company-sponsored-tender-offers-expanding-private-market-liquidity-capabilities-302911472.html

SOURCE Eqvista

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Eqvista Launches Company-Sponsored Tender Offers, Expanding Private Market Liquidity Capabilities

Published

43 minutes ago

on

October 19, 2026

By

New tender offer capabilities connect equity management with real-time valuation data covering approximately 65,000 private companies with a combined estimated value of $9 trillion, laying the groundwork for future secondary marketplace capabilities.

SAN FRANCISCO, Oct. 19, 2026 /PRNewswire/ — Eqvista, a leading equity management and valuation platform serving more than 25,000 companies, today announced the launch of company-sponsored tender offer capabilities, enabling private companies to organize structured liquidity events directly within their equity management platform. The launch also marks a step toward Eqvista’s planned secondary marketplace capabilities.

As companies stay private longer, employees and early investors face limited opportunities to sell their shares. Meanwhile, organizing liquidity events involves complex decisions around pricing, participant eligibility, approvals, and ownership changes.

Eqvista brings these processes together through a company-controlled tender offer workflow, supported by its equity management infrastructure and Eqvista Real-Time Company Valuation® technology.

“With Eqvista, private companies can help their employees and early investors turn their shares into cash, rewarding them for their contributions to the company,” said Tomas Milar, Founder and CEO of Eqvista. “We already help companies manage ownership and understand their value. Bringing tender offers into the same platform is a natural next step toward connecting equity management, valuation, and liquidity.”

Company-Controlled Tender Offers

Eqvista’s new capabilities allow companies to manage tender offers while maintaining control over participation, transaction terms, and ownership changes.

Key features include:

Cap table integration: Automatically record completed ownership changes.Participant controls: Define eligible buyers and sellers and offer windows.Allocation rules: Set transaction limits, pro rata allocations, and priorities.Integrated approvals: Manage approval requirements and rights of first refusal.Valuation-informed pricing: Reference Eqvista Real-Time Company Valuation® data when evaluating transaction pricing.

By integrating these processes, Eqvista aims to reduce the administrative complexity of organizing liquidity events while helping companies maintain control over their shareholder base.

Building Toward a Secondary Marketplace

Building on its company-sponsored tender offer capabilities, Eqvista plans to expand into secondary marketplace infrastructure designed to support structured, company-approved liquidity programs. By connecting ownership records, real-time valuation data, and private share transactions within one platform, Eqvista aims to make private market liquidity more accessible while allowing companies to maintain control over participation and ownership changes. Further details will be announced as development progresses, subject to applicable regulatory requirements.

Learn more about Eqvista’s Company-Sponsored Tender Offers.

About Eqvista

Eqvista is an equity management and valuation platform building infrastructure for private markets. Trusted by more than 25,000 companies worldwide, Eqvista combines equity management, in-house valuation expertise, and AI-powered technology to help private companies manage ownership and understand their value. Eqvista Real-Time Company Valuation® technology covers approximately 65,000 U.S. private companies representing an estimated $9 trillion in combined value.

Contact Information
Jakub Vele
Head of Marketing
424978@email4pr.com
+1 (415) 375-4963

View original content to download multimedia:https://www.prnewswire.com/news-releases/eqvista-launches-company-sponsored-tender-offers-expanding-private-market-liquidity-capabilities-302911472.html

SOURCE Eqvista

Continue Reading

Technology

Eqvista Launches Company-Sponsored Tender Offers, Expanding Private Market Liquidity Capabilities

Published

43 minutes ago

on

October 19, 2026

By

New tender offer capabilities connect equity management with real-time valuation data covering approximately 65,000 private companies with a combined estimated value of $9 trillion, laying the groundwork for future secondary marketplace capabilities.

SAN FRANCISCO, Oct. 19, 2026 /PRNewswire/ — Eqvista, a leading equity management and valuation platform serving more than 25,000 companies, today announced the launch of company-sponsored tender offer capabilities, enabling private companies to organize structured liquidity events directly within their equity management platform. The launch also marks a step toward Eqvista’s planned secondary marketplace capabilities.

As companies stay private longer, employees and early investors face limited opportunities to sell their shares. Meanwhile, organizing liquidity events involves complex decisions around pricing, participant eligibility, approvals, and ownership changes.

Eqvista brings these processes together through a company-controlled tender offer workflow, supported by its equity management infrastructure and Eqvista Real-Time Company Valuation® technology.

“With Eqvista, private companies can help their employees and early investors turn their shares into cash, rewarding them for their contributions to the company,” said Tomas Milar, Founder and CEO of Eqvista. “We already help companies manage ownership and understand their value. Bringing tender offers into the same platform is a natural next step toward connecting equity management, valuation, and liquidity.”

Company-Controlled Tender Offers

Eqvista’s new capabilities allow companies to manage tender offers while maintaining control over participation, transaction terms, and ownership changes.

Key features include:

Cap table integration: Automatically record completed ownership changes.Participant controls: Define eligible buyers and sellers and offer windows.Allocation rules: Set transaction limits, pro rata allocations, and priorities.Integrated approvals: Manage approval requirements and rights of first refusal.Valuation-informed pricing: Reference Eqvista Real-Time Company Valuation® data when evaluating transaction pricing.

By integrating these processes, Eqvista aims to reduce the administrative complexity of organizing liquidity events while helping companies maintain control over their shareholder base.

Building Toward a Secondary Marketplace

Building on its company-sponsored tender offer capabilities, Eqvista plans to expand into secondary marketplace infrastructure designed to support structured, company-approved liquidity programs. By connecting ownership records, real-time valuation data, and private share transactions within one platform, Eqvista aims to make private market liquidity more accessible while allowing companies to maintain control over participation and ownership changes. Further details will be announced as development progresses, subject to applicable regulatory requirements.

Learn more about Eqvista’s Company-Sponsored Tender Offers.

About Eqvista

Eqvista is an equity management and valuation platform building infrastructure for private markets. Trusted by more than 25,000 companies worldwide, Eqvista combines equity management, in-house valuation expertise, and AI-powered technology to help private companies manage ownership and understand their value. Eqvista Real-Time Company Valuation® technology covers approximately 65,000 U.S. private companies representing an estimated $9 trillion in combined value.

Contact Information
Jakub Vele
Head of Marketing
424978@email4pr.com
+1 (415) 375-4963

View original content to download multimedia:https://www.prnewswire.com/news-releases/eqvista-launches-company-sponsored-tender-offers-expanding-private-market-liquidity-capabilities-302911472.html

SOURCE Eqvista

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