WUHAN, China, July 27, 2018 /PRNewswire/ -- SSLJ.com Limited
(the "Company" or "SSLJ") (NASDAQ: SSLJ), a vertically integrated
online-to-offline ("O2O") home improvement service and product
provider in the People's Republic of
China ("PRC"), today released a statement to address its
recent stock volatility.
The statement provided by the Company is as follows:
- Leju Fortune, a peer to peer lending company controlled by Mr.
Wei Zheng, the former CEO and
Chairman of SSLJ, recently discontinued its operation and has
received negative media coverage, which may have caused recent
volatility in SSLJ's stock price.
- SSLJ and Leju Fortune are two separate legal entities with
distinct businesses and operations. The potential liquidation of
Leju Fortune is expected to have no direct impact on SSLJ's
operations and financial results.
- Mr. Wei Zheng also has resigned
from all of his positions at SSLJ.com Limited as previously
disclosed on a press release as well as SEC fillings on
July 12, 2018 at
https://www.sec.gov/Archives/edgar/data/1709563/000149315218009932/form6-k.htm.
- SSLJ.com Limited is seeking new and qualified management
members and will publicly disclose relevant information either
through press release or SEC fillings.
About SSLJ.com Limited
SSLJ.com Limited is a pioneer in the vertically integrated O2O
home decoration service and product market with one of the largest
market shares in China. The
Company provides clients with a convenient, full-service, one-stop
solution for its homes' interior decoration and improvement needs
by offering consulting, design, construction, and furnishing
services as well as modern, high-quality and high-tech products.
The Company has 9 branch companies and 12 sales offices in 10
cities, which are Beijing,
Shanghai, Shenzhen, Wuhan, Suzhou, Hefei, Zhengzhou, Tianjin, Chengdu, Xi'an. For more information, please visit
www.sslj.com.
Forward-Looking Statements
This announcement contains forward-looking statements within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. All statements other than statements
of historical fact in this announcement are forward-looking
statements. These forward-looking statements involve known and
unknown risks and uncertainties and are based on current
expectations and projections about future events and financial
trends that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs. Investors can identify these forward-looking statements by
words or phrases such as "may," "will," "expect," "anticipate,"
"aim," "estimate," "intend," "plan," "believe," "potential,"
"continue," "is/are likely to" or other similar expressions. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results.
For more information, please contact:
In China:
SSLJ.com Limited
Email: ir@sslj.com
In the United
States:
Ascent Investor Relations LLC
Ms. Tina Xiao
Phone: +1-917-609-0333
Email: tina.xiao@ascent-ir.com
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SOURCE SSLJ.com Limited