SHENZHEN, China, Dec. 4, 2020 /PRNewswire/ -- TD Holdings,
Inc. (Nasdaq: GLG) (the "Company"), a commodities
trading and supply chain management service provider
in China today released a statement to address its recent
stock volatility. The management team of the Company believes it is
prudent to advise the market of this given recent fluctuations of
its stock price.
The statement provided by the Company is as follows:
- The Company is unaware of any reasons for its recent stock
volatility or any material developments concerning its business
operations that is not publicly available.
- The Company has not selectively disclosed any material
nonpublic information to analysts, investors or others.
- The Company will continue to monitor key factors that may
affect its stock volatility including the latest developments,
assess its business, financial condition and results of operations,
and will disclose such information publicly either through press
releases or SEC fillings.
About TD Holdings, Inc.
TD Holdings, Inc. (Nasdaq: GLG) is a commodities
trading and supply chain management service provider in China.
Our commodities trading and supply chain management businesses are
conducted under the brand names "Huamucheng" by Shenzhen Huamucheng
Trading Co., Ltd. and "Qianhai Baiyu" by Shenzhen Qianhai Baiyu
Supply Chain Co., Ltd., the Company's wholly owned subsidiaries
in Shenzhen. For more information please
Safe Harbor Statement
This press release may contain certain "forward-looking
statements" relating to the business of TD Holdings, Inc. 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
SOURCE TD Holdings, Inc.