ECMOHO Hosts Smart Health Summit with Partners to Explore New Opportunities Post Coronavirus Pandemic
May 12 2020 - 9:48AM
ECMOHO Limited (Nasdaq: MOHO) ("ECMOHO" or the "Company"), a
leading integrated solutions provider in the rapidly growing
non-medical health and wellness market in China, hosted a summit in
Shanghai on May 11 on the theme of “Smart Health Enables Faster
Growth”.
Entrepreneurs and senior executives from
domestic and international enterprises in the health and wellness
industry, including Beingmate Baby & Child Food, China
Resources Ng Fung, Harbin Pharmaceutical Group, Jiangzhong Shiliao,
L&P Cosmetic and Nestlé, as well as Multi-Channel Network (MCN)
businesses and chain stores, participated in lively exchanges of
ideas on how digitization, big data, technology, and integration
can help enterprises sustain high growth in the current
environment.
ECMOHO’s CEO, Ms. Zoe Wang, delivered a speech
at the summit and expressed the following major points:
- The coronavirus outbreak has had huge impacts on Chinese and
global economies and on the health and wellness industry, forcing
many offline stores to be shuttered. Simultaneously the
outbreak also presented great opportunities for the health and
wellness industry, particularly on the digitalization upgrade.
- Smart Health, the new opportunity and growth solution
introduced by ECMOHO, integrates the entire industry supply chain
using advanced digital technology from 5G, SaaS, big data, and
mobile internet to deliver customized products and services to
consumers and enable sustained high growth for its partners.
- ECMOHO is cooperating with brand partners to launch and develop
the first “H2B2C” (H2: Health & Home) Smart Health platform in
the world, aiming to take advantage of its strategic digitalization
dominated technology, years of experiences on online and offline
sales and marketing, rich resources on global well-known health
brands, self-developed fulfillment system, professional and
standardized health management base to achieve the omni-coverage of
smart health services for customers from tier one and two cities to
tier three and four cities.
Safe Harbor Statements
This news release contains 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 Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
“will”, “expects”, “anticipates”, “future”, “intends”, “plans”,
“believes”, “estimates”, “target”, “going forward”, “outlook” and
similar statements. For example, the Company’s statement
about its expectations for its Smart Health platform is a
forward-looking statement and is inherently uncertain. 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,
such as the significant volatility and disruption caused by the
COVID-19 pandemic, the Company’s expected growth of the online
retail industry in China, the Company’s expectations regarding
demand for and market acceptance of its products and services, the
Company’s expectations regarding its relationships with its brand
partners and e-commerce channels, and the level of consumer
economic activity in China, all of which are difficult to predict
and many of which are beyond the Company's control, which may cause
the Company's actual results, performance or achievements to differ
materially from those in the forward-looking statements.
Further information regarding these and other risks, uncertainties
or factors is included in the Company's filings with the U.S.
Securities and Exchange Commission. The Company does not
undertake any obligation to update any forward-looking statement as
a result of new information, future events or otherwise, except as
required under applicable law.
About ECMOHO Limited
ECMOHO is a leading integrated solution provider
in the rapidly growing non-medical health and wellness market in
China. The Company acts as the bridge between brand owners
and Chinese consumers by marketing and distributing health
supplements and food, mother and child care products, personal care
products, household healthcare equipment and other health and
wellness products. Through over seven years of operation,
ECMOHO has built an ecosystem where Chinese consumers are provided
with customized health and wellness solutions that include quality
products and trustworthy content.
For more information, please visit
http://ir.ecmoho.com/.
For investor and media inquiries, please contact:
ECMOHO Limited Investor Relations Email:
ir@ecmoho.com
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