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Golden Bull Limited Completed $17.2 Million Financing and is Delayed in Filing its Annual Report on Form 20-F

By | EN, PR

BEIJING, July 8, 2020 /PRNewswire/ — Golden Bull Limited (NASDAQ: DNJR) announced today it has completed its $17.2 Million Financing and is delayed in filing its Annual Report on Form 20-F for the year ended December 31, 2019.

On July 6, 2020, Golden Bull Limited ( the "Company") completed the sale of 21,500,000 shares of common stock at $0.80 per share, for gross proceeds of $17,200,000. The offering was made pursuant to a Securities Purchase Agreement ("SPA") dated as of May 27, 2020, a copy of which form was filed as an exhibit to the Company’s Form 6-K filed on May 28, 2020. The sale was made to twenty-five (25) unaffiliated investors. Each investor signed a SPA which contained non-U.S. Person Representations pursuant to Regulation S under the Securities Act of 1933, as amended (the "Act"). There were no underwriters or placement agents involved in the transaction. Exemption from registration is claimed under Rule 903 of Regulation S under the Act based upon the representations and warranties in the SPA.

On July 1, 2020, the Company was in receipt of a notice of delinquency letter from Nasdaq Regulation. The letter states that the Company has not yet filed its Form 20-F for the year ended December 31, 2019 (the "Filing") and is no longer in compliance with Listing Rule 5250 c(1)  .The Company has 60 calendar days to submit a plan to regain compliance. The Company was prepared to file on a timely basis by June 30, 2020 and expects to do so in the very near future. The delay was solely a result of the delays in obtaining and compiling information to be included in its Form 20-F, primarily as a result of the effects of Covid-19 in China where the Company’s operations are located, which delay could not be eliminated by the Company without unreasonable effort and expense.

Safe Harbor Statement

This press release may contain certain "forward-looking statements" relating to the business of Golden Bull Limited and its subsidiary companies. All statements, other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website at http://www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

 

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Webnovel Lancar Webnovel Spirity Awards Spring 2020 Pupuk Lebih Ramai Penulis Berbakat

By | MY, PR

SINGAPURA, 8 Julai 2020 /PRNewswire/ — Webnovel ("Syarikat"), cabang e-penerbitan global China Literature (0772.HK), sebuah syarikat inkubator kesusasteraan dan IP dalam talian yang terkemuka, telah memulakan Webnovel Spirity Awards Spring 2020 dan menggalakkan penulis dari seluruh dunia untuk menghantar karya mereka untuk memenangi hadiah bernilai sehingga US$10,000.

Webnovel Launches Webnovel Spirity Awards Spring 2020 to Nurture More Talented Authors
Webnovel Launches Webnovel Spirity Awards Spring 2020 to Nurture More Talented Authors

Dalam usaha untuk memupuk lebih ramai pengarang yang bercita-cita tinggi, Webnovel menerima karya berbahasa Inggeris daripada penulis seluruh dunia – sama ada mereka merupakan penulis novel sambilan atau pengarang profesional. Peserta boleh menghantar karya mereka dalam enam tema: apokalips, cinta yang romantis, kesatria dan magis, evolusi, LitRPG (Permainan Main Peranan Kesusasteraan) dan komedi. Setiap kategori anugerah boleh mempunyai lebih daripada seorang pemenang, yang mana setiap seorang akan menerima US$10,000. Karya yang berjaya akan dipilih berdasarkan nilai komersial karya ini, kekerapan penyiaran karya dan populariti pengarang dalam kalangan pembaca.

Platform Webnovel menyediakan sokongan editorial secara bersemuka dan penyunting kandungan Syarikat ini akan bekerjasama erat dengan pengarang bagi menjalankan kempen dan memaklumkan kepada mereka mengenai trend kandungan terkini.

Webnovel melihat pengarang sebagai asetnya yang paling penting. Salah satu misi utama Webnovel adalah untuk membantu pengarang menjana keuntungan daripada karya mereka bagi menggalakkan lebih ramai penulis yang berbakat untuk membolehkan daya kreativiti mereka mengalir.

Penerbitan kesusasteraan dalam talian berbeza daripada penerbitan fizikal dan merupakan satu bentuk baharu penciptaan kandungan. Model daripada Webnovel membolehkan pengarang untuk menyiarkan karya mereka yang telah siap atau belum siap mengikut bahagian. Pengarang boleh menulis pada ketika pembaca membaca, menjadikannya lebih mudah untuk penulis mengumpul maklum balas daripada pembaca. Pembaca juga boleh berkomunikasi dengan erat bersama pengarang pada platform Webnovel.

Sebelum ini, Webnovel berjaya mengadakan pertandingan yang serupa di Filipina. Platform ini menyediakan hadiah bernilai kira-kira US$206,000, yang dikongsi bersama sejumlah 148 peserta.

Ketahui lebih lanjut mengenai anugerah ini:
https://activity.webnovel.com/noah/857910915/index

Latar Belakang Webnovel 

Webnovel ialah platform kesusasteraan global dalam talian. Ia mempunyai lebih daripada 60,000 pengarang antarabangsa dan lebih daripada 200 penterjemah bahasa. Webnovel telah menerbitkan lebih 100,000 novel asal dan mengumpul lebih daripada 60 juta pengunjung dari seluruh dunia. China Literature mempunyai 8.1 juta pengarang dan 12.2 juta karya sastera yang meliputi lebih daripada 200 genre dan telah berjaya mencipta sejumlah besar karya sastera seperti Candle in the Tomb, The Graver Robbers’ Chronicles, Nirvana in Fire, The King’s Avatar, yang telah diadaptasi kepada filem, siri TV, animasi, komik dan juga permainan. Tencent merupakan pemegang saham serta rakan kongsi strategiknya.

Foto – https://photos.prnasia.com/prnh/20200707/2848984-1?lang=0

 

 

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Cisco Applauded by Frost & Sullivan for Dominating the Network Access Control Market with its Open and Flexible Platform

By | EN, PR

Cisco ISE is the NAC market leader with more deployments than any other vendor and delivers, supports, and continuously improves its solution to meet current and future requirements

SANTA CLARA, California, July 7, 2020 /PRNewswire/ — Based on its recent analysis of the global network access control (NAC) market, Frost & Sullivan recognizes Cisco Systems, Inc. with the 2020 Global Market Leadership Award for continuing to lead the market with a 33.4 percent market share in 2019. Its NAC revenue growth outpaced the overall market and earned it 0.85 basis points of market share, the most by any vendor. Cisco addresses the specific needs of its customers in all vertical markets with an open and flexible NAC architecture. In addition to its internal technology development, it makes strategic acquisitions for technologies that will enhance all of its security products.

Cisco
Cisco

"Cisco NAC is an integrated and open solution providing visibility, technology integration, automation, and granular policy control from a user and their device to a resource or application. It is based on the Identity Services Engine (ISE) that comprises applications, services, and network controller features. Cisco has focused on growing its third-party ecosystem and partnerships to increase visibility and automate threat containment to embrace a platform approach," said Tony Massimini, Cybersecurity Senior Industry Analyst, Frost & Sullivan. "It has also acknowledged the growing interest in the Zero Trust security model by integrating the technology with the acquisition of Duo Security. This acquisition not only provided a zero-trust security model, but also cloud-delivered technology, SaaS, and software-defined perimeter (SDP)."

Cisco has a broad customer base in the NAC market covering almost every industry. With clear role-based segmentation, it has been consistently solving challenges for customers in the financial services industry. Its offerings are expanding into IoT use cases, especially in the OT industry. The company has also made inroads into the manufacturing and healthcare industries with its Cyber Vision and MedicalNAC offerings. It has made further investments in IoT, BYOD, and segmentation.

Cisco is adopting a holistic approach to developing its zero-trust security. It combines Cisco’s core foundational solutions including Duo for Workforce for an identity-based approach to application access control; Tetration for Workloads, a host-based segmentation combining visibility and enforcement; and SD-Access and ISE for Workplace, a fundamental component of NAC to start building a software-defined network (SDN) fabric. Cisco continues to develop threat-centric NAC enhancements with its growing intelligence ecosystem, Talos.

"Cisco NAC benefits from Cisco’s leadership in networking equipment and services and being the largest enterprise and security vendor by revenue," noted Massimini. "Cisco ISE integrates with 100+ ecosystem partners to provide a comprehensive, all-encompassing NAC solution. This wide partner and client network, as well as forward-looking product development strategies, are expected to keep it at the top of the leader board in the NAC market in the long term."

Each year, Frost & Sullivan bestows this award upon the company that demonstrates excellence in growth and customer value. Attaining loyal customers who became brand advocates allows the company to grow and achieve a market leadership position. By committing to the customer at each stage of the buying cycle and continuing to nurture the relationship, this Award recognizes a company’s increased market share over time.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For more than five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Kristen Moore
P: 210.247.3823
E: [email protected]

About Cisco Systems, Inc.

Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Network and follow us on Twitter.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.

Related Links :

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http://www.frost.com/

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Supermicro Ranks at the Top Globally for its IoT & Edge Servers and System Solutions – Receives Platinum Award

By | EN, PR

Supermicro Selected by VDC Research Based on the Highest Customer Satisfaction Survey Results for its Application-Optimized Products

SAN JOSE, Calif., July 7, 2020 /PRNewswire/ — Super Micro Computer, Inc. (Nasdaq: SMCI), a global leader in enterprise computing, storage, networking solutions and green computing technology, today announced it was selected as a Platinum recipient for VDC Research’s 2020 global IoT and Edge Engineering & Development Survey. Supermicro was recognized by survey participants for its higher performance edge devices, typically only seen in datacenter class servers that support virtualization and workload consolidation for use cases, including AI/ML and video processing.

Over 700 respondents from the Americas, EMEA, and APAC participated in the survey with each region comprising approximately 30 percent of the final results. Participants included project/product management, CTOs, engineers, and systems integrators. Respondents rated only those vendors from which they had purchased merchant computing hardware in their most recent projects.

"We are very excited about this achievement, especially because the results come from customers contacted through VDC’s independent satisfaction survey," said Charles Liang, CEO and president of Supermicro. "This recognition from customers validates that Supermicro delivers exceptional products – first-to-market, superior design, high-reliability, resource-saving, and strong technical service and support."


Supermicro’s most advanced and latest servers and storage solutions cover a broad spectrum of vertical markets and partnerships with leading processor and software manufacturers. Innovative Supermicro products for 5G and Edge computing include servers built to meet telco customer requirements and more demanding operating environments.


Supermicro’s new 2U Ultra SuperServer provides better features, faster performance, and greener power-efficiency, and also includes NEBS certification and redundant DC or AC power supplies. With high reliability, availability and serviceability (RAS) features available in a short-depth 2U rackmount form factor. It supports up to dual 205-watt TDP CPUs each and delivers high-performance compute, storage, and networking for Edge micro datacenters.

Supermicro also recently announced a breakthrough first-to-market solution – Outdoor Edge Systems – IP65 enclosure-based servers for 5G RAN, AI inferencing, and other intelligent edge-focused applications. These new systems are targeted at harsh outdoor environments and support the industry’s movement towards open-source software and disaggregated hardware.


Supermicro’s comprehensive 5G and Edge computing portfolio includes the recently introduced E403-9P-FN2T and the 1019P-FHN2T systems, and complements the company’s high-performance products for the datacenter such as the multi-node BigTwin™ and high-density SuperBlade® and MicroBlade™, which can support the virtualized 5G network core.

Follow Supermicro on LinkedIn, Twitter, and Facebook to receive their latest news and announcements.

About Super Micro Computer, Inc.

Supermicro (Nasdaq: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced Server Building Block Solutions® for Datacenter, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and Embedded Systems worldwide. Supermicro is committed to protecting the environment through its "We Keep IT Green®" initiative and provides customers with the most energy-efficient, environmentally-friendly solutions available on the market.

Supermicro, Server Building Block Solutions, BigTwin, SuperBlade, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.

All other brands, names and trademarks are the property of their respective owners.

Photo – https://mma.prnasia.com/media2/1199872/platinum_vendor.jpg?p=medium600
Photo – https://mma.prnasia.com/media2/1199873/edge_server.jpg?p=medium600   
Photo – https://mma.prnasia.com/media2/1199874/mounted_server.jpg?p=medium600

Related Links :

http://www.supermicro.com

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Senhwa Biosciences’s Silmitasertib Receives Rare Pediatric Disease Designation from U.S. FDA for Treatment of Recurrent Sonic Hedgehog Medulloblastoma

By | EN, PR

TAIPEI and SAN DIEGO, July 7, 2020 /PRNewswire/ — Senhwa Biosciences, Inc. (TPEx: 6492), a clinical-stage biopharmaceutical company focused on Next Generation DNA Damage Response (DDR) therapeutics for the treatment of cancer, today announced that the U.S. Food and Drug Administration (FDA) granted Rare Pediatric Disease (RPD) Designation for its drug Silmitasertib, a Casein Kinase 2 (CK2) inhibitor, being developed as a treatment for recurrent sonic hedgehog (SHH) medulloblastoma.  With the RPD designation, Senhwa Biosciences is eligible for a Priority Review Voucher (PRV) which can be used for a subsequent marketing application, and may be sold or transferred.  In August 2015, AbbVie bought a PRV from United Therapeutics Corp for $350 million which allowed AbbVie to accelerate one of its drug’s FDA review process. 

Medulloblastoma is the most common cancerous brain tumor in children. Treatment for medulloblastoma usually includes surgery, followed by radiation or chemotherapy, or both. Currently there is no targeted drug available. Recurrent SHH medulloblastoma is recognized as one of the four major sub-groups of medulloblastoma, with about 80-100 new cases per year. The FDA grants RPD Designation for serious or life-threatening diseases that primarily affect people from birth to 18 years old and which affect fewer than 200,000 people in the U.S.

Senhwa’s clinical partner, the Pediatric Brain Tumor Consortium (PBTC, www.pbtc.org) is currently conducting a Phase I/II and Surgical study of Silmitasertib, in both children and adults with recurrent SHH medulloblastoma, at its participating member academic medical centers and children’s hospitals across the United States. This clinical trial is sponsored by the PBTC and funded through the Consortium grant awarded by the National Institute of Health (NIH) – Cancer Therapy Evaluation Program (CTEP).

Silmitasertib is safe and well-tolerated in humans. To date, three Phase I trials of Silmitasertib in cancer patients have been completed; currently, there are one ongoing Phase I and two ongoing Phase II studies of Silmitasertib.  

About Silmitasertib
Silmitasertib is a first-in-class small molecule drug which targets CK2 and acts as a CK2-inhibitor. A Phase I/II study has shown that Silmitasertib achieved clinical benefit, resulting in stable disease and extending the duration of treatment in patients who are unresponsive to standard of care therapy.  The combination of Silmitasertib with DNA-damaging agents such as gemcitabine (Gemzar) plus cisplatin (Platinol) has been shown to synergistically improve the efficacy of cholangiocarcinoma (CCA) treatments. In December 2016, Silmitasertib was granted Orphan Drug Designation by the US FDA for the treatment of CCA. 

About Senhwa
Senhwa Biosciences, Inc. is a leading clinical stage company focusing on developing first-in-class, Next Generation DDR therapeutics for patients with unmet medical needs in oncology.  Headquartered in Taiwan, with an operational base in San Diego, California, Senhwa is well positioned to oversee the development of their compounds.
 
Development is currently focused on two lead products Silmitasertib (CX-4945) and Pidnarulex (CX-5461) with novel mechanisms of action and for multiple indications. Clinical trials are ongoing in Australia, Canada, United States, Korea and Taiwan, with more currently in development. 

For more details please visit Senhwa Biosciences at www.senhwabio.com

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iClick Interactive Named “Asia Pacific’s Leader in Smart Marketing Solutions” by Mediazone Group

By | EN, PR

HONG KONG, July 7, 2020 /PRNewswire/ — iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, announced that it was named as "Asia Pacific’s Leader in Smart Marketing Solutions" at the Mediazone Group’s ("Mediazone") "Asia’s Most Valuable Service Providers Awards 2020" where the Company also garnered Certificates of Merit for "Excellence in Marketing Technologies, China-Market Solutions and Project Management and Customer Services".

For the past 20 years, Mediazone has recognized the best businesses in Asia, most recently with the launch of the "Asia’s Most Valuable Service Providers Awards 2020". The prestigious accolades recognize not only iClick’s decade-long accumulation of more than 930 million Chinese consumer datasets and AI-driven technology, but also its integrated smart Enterprise and Marketing Solutions that help brands optimize their brand marketing strategies amid booming e-commerce penetration in the face of the COVID-19 pandemic. Through its relentless focus on developing innovative solutions and client service, iClick has showcased its resilience and consistency during this challenging time.

"We are thrilled to receive these accolades from Mediazone which represent a strong international recognition of our data analytics and integrated solutions," said Frankie Ho, Head of International Business of iClick "We remain devoted to evolving our integrated Marketing and Enterprise Solutions to provide our clients with best-in-class support and help them effectively capture opportunities in their fast-changing markets and rapidly expand into international markets."

iClick’s online-offline integrated Enterprise Solutions and performance-based Marketing Solutions have emerged as game changers for companies looking to take their online marketing to the next level. Building on this strong momentum, iClick recently expanded its international reach and capabilities through an advanced strategic collaboration with Tencent International Business Group (Tencent IBG) to offer global brands a new level of market access to the wealth of opportunities in China.

About iClick Interactive Asia Group Limited

iClick Interactive Asia Group Limited (NASDAQ: ICLK) is an independent online marketing and enterprise data solutions provider that connects worldwide marketers with audiences in China. Built on cutting-edge technologies, iClick’s proprietary platform possesses omni-channel marketing capabilities and fulfils various marketing objectives in a data-driven and automated manner, helping both international and domestic marketers reach their target audiences in China. Headquartered in Hong Kong, iClick was established in 2009 and is currently operating in ten locations worldwide including Asia and Europe.

For more information, please visit ir.i-click.com.   

Safe Harbor Statement

This announcement contains forward-looking statements, including those related to the Company’s business strategies, operations and financial performance. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litiga

tion Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. 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 Company’s fluctuations in growth; its success in implementing its mobile and new retail strategies, including extending its solutions beyond its core online marketing business; its success in structuring a CRM & Marketing Cloud platform; relative percentage of its gross billing recognized as revenue under the gross and net models; its ability to retain existing clients or attract new ones; its ability to retain content distribution channels and negotiate favorable contractual terms; market competition, including from independent online marketing technology platforms as well as large and well-established internet companies; market acceptance of online marketing technology solutions and enterprise solutions; effectiveness of its algorithms and data engines; its ability to collect and use data from various sources; ability to integrate and realize synergies from acquisitions, investments or strategic partnership; fluctuations in foreign exchange rates; and general economic conditions in China and other jurisdictions where the Company operates; and the regulatory landscape in China and other jurisdictions where the Company operates. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and other 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.

For investor and media inquiries, please contact:

In China:

In the United States:

iClick Interactive Asia Group Limited

Core IR

Lisa Li

John Marco

Phone: +86-21-3230-3931 #892

Tel: +1-516-222-2560

Related Links :

Home Page

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Color Star Technology Announces the Addition of Renowned Musician Larry Carlton to its Color World Online Education Platform

By | EN, PR

NEW YORK, July 7, 2020 /PRNewswire/ — Color Star Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company," "Color Star," "we" or "HHT") is pleased to announce that Color China Entertainment Limited ("Color China"), a wholly-owned subsidiary of Color Star, has just signed a cooperation agreement with a renowned American musician, Larry Carlton. Larry Carlton will take on the role of a Star Teacher on the "Color World" online education platform, created by Color Star.

Larry Carlton, a guitar master in the music industry, was born in Southern California in March 1948. He is a master of American jazz, blues, pop and rock genres on the guitar and has participated in more than 500 music albums, winning the Grammy Award 4 times. Additionally, he is widely acclaimed as one of the most outstanding guitarists in the jazz scene in the second half of the 20th century. In 1981, Larry Carlton won his first Grammy Award for Best Pop Instrumental Performance for his work on "Theme From Hill Street Blues." He then began working with numerous world-class entertainers, including the legendary blues master B.B King, Jazz Rock Super Group Steely Dan, Hollywood’s Sammy Davis Jr. and even Michael Jackson. Overall, Larry Carlton’s voracious appetite for music has earned him 19 Grammy nominations and 4 Grammy Awards, a Star of the Rock Hall of Fame in Hollywood, the Titan of Tone award and many others, as well as widespread recognition amongst fellow world class entertainers. His influence can be found in a plethora of genres in today’s music scene, with jazz, blues, pop and rock all bearing the mark of Larry Carlton.

Color Star CEO, Sean Liu, said that "in the future, we will cooperate with more top artists and producers in Asia, including music, film, television, animation, dance and other industries. We believe that Color World has the potential to bring richer content to our students."

Color Star plans to continue growing its list of Star Teachers, who will bring their various expertise in music, film, sports, animation, television, presentations, dance, art and other entertainment industries to the Color World platform. Color Star believes that these top celebrities and professionals can pass their precious experiences on to pupils on our platform, helping to instill the desire for knowledge in their hearts.

About Color Star Technology Co., Ltd.

Color Star Technology, is a holding company whose primary business is offering both online and offline innovative education services. Its business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The Company also anticipates providing an after-school tutoring program in New York via its joint venture entity Baytao LLC, and providing online music education via a platform branded "Color World."

Forward-Looking Statements

Certain statements made herein are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include the business plans, objectives, expectations and intentions of the parties following the completion of the acquisition, and HHT’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: there is uncertainty about the spread of the COVID-19 virus and the impact it will have on HHT’s operations, the demand for the HHT’s products and services, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the other public filings with the Securities and Exchange Commission (the "SEC") by HHT. Additional information concerning these and other factors that may impact our expectations and projections will be found in our periodic filings with the SEC, including our Annual Report on Form 20-F for the fiscal year ended June 30, 2019. HHT’s SEC filings are available publicly on the SEC’s website at www.sec.gov. HHT disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

Color Star Technology Co., Ltd.
Contact: Investor Relations
FinancialBuzzIR™
[email protected]
Tele: +1-877-601-1879

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Happiness Biotech Announced Receipt of NPN License in Canada for Its Hand Sanitizer

By | EN, PR

NANPING, China, July 7, 2020 /PRNewswire/ — Happiness Biotech Group Limited (the "Company" or Nasdaq: HAPP), an innovative China-based nutraceutical and dietary supplements producer, announced today that the 75% Alcohol Disposable Hand Sanitizer from the Company has successfully obtained Natural Product Number (NPN) license from Health Canada and the first order of 53,280 bottles have been shipped this week. 

Before any natural health product can be sold in Canada, it must first undergo a pre-market review where it will be assessed for safety, efficacy and quality. Products, which meet the required criteria, will be authorized for sale and each issued a Natural Product Number (NPN) or Homeopathic Medicine Number (DIN-HM).

"We are very glad that our hand sanitizer can finally be exported to Canada. Although the first batch is only over 50,000 bottles, we believe this is a good start. Meanwhile, 150,000 of our masks were exported to Canada in May and we received the second order of 200,000 pieces in June. We believe our receipt of the NPN license from Health Canada demonstrates quality of our products. In the future, we will continue to strive to export to more countries and regions," said Mr. Xuezhu Wang, CEO of the Company.

About Happiness Biotech Group Limited

Headquartered in Nanping, China, Happiness Biotech Group Limited is an innovative China-based nutraceutical and dietary supplements producer focused on the research, development, manufacturing and marketing of a variety of products made from Chinese herbal extracts and other ingredients. The Company’s goal is to provide high-quality products to our consumers. Over the past 14 years, the Company has established a product portfolio consisting of 32 CFDA registered "Blue-Cap" SKUs of nutraceutical and dietary supplements products. While the Company’s main products are still nutraceutical and dietary supplements, the Company also produces epidemic prevention products to satisfy market needs. For more information, please visit: www.happ.org.cn.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China, the COVID-19 outbreak and its impact on our operations and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission.  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Related Links :

http://www.FJXFL.com

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Future FinTech Reports First Quarter Results

By | EN, PR

BEIJING, July 7, 2020 /PRNewswire/ — Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech", "FTFT" or "the Company"), a leading blockchain e-commerce and financial technology company, today announced its financial results for the first quarter of fiscal 2020.

Revenue for the three months ended March 31, 2020 increased 25% to $0.2 million compared to $0.16 million for the first quarter of fiscal 2019. Sale of goods decreased to $0.001 million compared to $0.14 million last year, primarily due to the negative impact of COVID-19 during this period, as the staff could not work in the office and shipments stopped. Revenue from CCM Shopping Mall Membership increased to $0.20 million from $0.02 million last year, reflecting the growth of the on-line business.

Operating expenses increased  to $6.14  million for the three months ended March 31, 2020 from $1.02 million for the first quarter last year, primarily due to a one-time bad debt provision of $4.2 million for other receivables from HeDeTang Holdings (HK) Ltd. ("HeDeTang HK"), which was sold to New Continent International Co., Ltd during the first quarter of 2020 and non-cash stock related compensation of $1.19 million for a Consulting Service Agreement that the Company entered into on January 25, 2020 with Dragon Investment Holding Limited (Malta).

The loss from operations for the first quarter of fiscal 2020 was $5.936 million, as compared to $0.990 million for the first quarter of fiscal 2019.

The Company sold its fruit juice related business, HeDeTang Hong Kong during the first quarter of 2020, resulting in a gain on disposal of discontinued operations for $123.69 million.

Net income attributable to Future FinTech’s Common shareholders of common stock for the three months ended March 31, 2020 was $117.21 million or $3.46 per diluted share, compared to net loss of $1.89 million, or loss of $0.05 per diluted share, for the first quarter of fiscal 2019.

The information in this press release is subject to the more complete presentation set forth in in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 which was filed with the Securities and Exchange Commission on July 6, 2020.

Shanchun Huang, Future FinTech’s Chief Executive Office, said, " We are pleased to have sold our traditional fruit juice related business in first quarter, which was highly competitive and we have suffered significant losses for such business. Now, we are more focused on the development of financial technology and financial service business. We are actively looking for acquisition opportunities around the world in such areas. We believe that the combination of blockchain technology that we have expertise with financial technology services will enable our company to grow rapidly in this field and increase the value of shareholders."

About Future FinTech Group Inc.

Future FinTech Group Inc. ("Future FinTech", "FTFT" or the "Company") is a leading blockchain technology R&D and application company incorporated in Florida. The Company’s operations include a blockchain-based online shopping mall platform, Chain Cloud Mall ("CCM"), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain based application projects, and a digital payment system ("DCON"). The Company is also engaged in development of blockchain based e-Commerce technology, as well as financial technology. For more information, please visit http://www.ftftex.com/.

Safe Harbor Statement

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2019 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Related Links :

http://www.ftftex.com

http://www.ftft.top/

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IT Tech Packaging, Inc. Updates on Non-medical Single-Use Face Masks Business

By | EN, PR

BAODING, China, July 7, 2020 /PRNewswire/ — IT Tech Packaging, Inc. (NYSE American: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that it recognized revenue of RMB6.73 million through June 30, 2020 from sale of 6.28 million pieces non-medical single-use face masks since launch of the production line at the end of April 2020.

The capacity of the non-medical single-use face mask production has ramped up to approximately 100,000 pieces per day to the market. We sold a total of 6,279,780 pieces single-use masks between the end of April and the end of June and we recorded a total sales of RMB 6.73 million, with gross margin of approximately 60%, which is higher than the anticipated 40% when launching the production in April. The orders are increasing at a robust pace from our purchasing partners and the products are being sold to institutions, drugstores and supermarkets in Hebei Province.

Mr. Zhenyong Liu, the CEO and Chairman of the Company commented, "We are pleased our team opened up an outlet to our face mask products so efficiently, leveraging the existing market network. Moreover, as a make-to-order enterprise with decades years’ experience, our effective cost management system has enabled us to maintain a relatively high profit margin. The demand for protective necessaries such as single-use masks have been booming again due to recent relapses of COVID-19 in Beijing and some areas of Hebei Province. As people’s awareness to infection risks increases, wearing single-use masks in densely packed locations such as schools, offices, workshops and public vehicles is becoming normal in China. As such, we expect increased demand beginning in September when students resume classes. Therefore, we believe our production and sales will continue to increase."

About IT Tech Packaging, Inc.

Founded in 1996, IT Tech Packaging, Inc. is a leading manufacturer and distributor of diversified paper products in North China. Using recycled paper as its primary raw material (with the exception of its tissue paper products), ITP produces and distributes three categories of paper products: corrugating medium paper, offset printing paper and tissue paper products. With production based in Baoding and Xingtai in North China’s Hebei Province, ITP is located strategically close to the Beijing and Tianjin region, home to a growing base of industrial and manufacturing activities and one of the largest markets for paper products consumption in the country. ITP has been listed on the NYSE American since December 2009.

Safe Harbor Statements

This press release may contain forward-looking statements. These forward-looking statements involve inherent risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including risks outlined in the Company’s public filings with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K. All information provided in this press release speaks as of the date hereof. Except as otherwise required by law, the Company undertakes no obligation to update or revise its forward-looking statements.

For more information, please contact:

At the Company Email:
[email protected]
Tel: +86 0312 8698215

Investor Relations:
Janice Wang
+86-138-1176-8559
+1-908-510-2351
EverGreen Consulting Inc.
Email: [email protected]

 

Related Links :

http://www.itpackaging.cn/

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