Global Internet of People, Inc. Entered into Service Contracts Worth RMB6 Million in March 2021
April 09 2021 - 7:30AM
Global Internet of People, Inc. (“SDH” or the “Company”) (NASDAQ:
SDH), an operator of a knowledge sharing and enterprise service
platform via mobile application and through local centers in China,
today announced that its subsidiary, Global Mentor Board (Beijing)
Information Technology Co., Ltd (“GMB”), entered into several
contracts worth a total of RMB6.05 million (approximately $923,640)
in March 2021.
On March 29, GMB entered into a service contract
with Jiangsu Zhejiang Shanghai (Shanghai) Life Sciences Development
Co., Ltd. (“JZS”), a biotechnology research and service company in
China. Pursuant to the service contract, the Company will provide
JZS with consulting services including business negotiation,
strategic planning, financing and investment, in exchange for the
equity shares of JZS valued at RMB4.5 million (approximately
$685,498).
Additionally, GMB entered into several
membership service contracts worth a total of RMB1.55 million
(approximately $238,145) with enterprise clients. Pursuant to these
contracts, GMB will provide these enterprises customized consulting
services including business strategy advisory, business development
and product marketing to those enterprise clients.
Mr. Haiping Hu, CEO and Chairman of SDH
commented: “We provide professional services to a wide range of
enterprises in their respective sectors and look forward to helping
our new enterprise clients utilizing our business expertise and
resources in the capital market.”
About Jiangsu Zhejiang Shanghai
(Shanghai) Life Science Development Co., Ltd.
Jiangsu Zhejiang Shanghai (Shanghai) Life
Science Development Co., Ltd. was established in Shanghai in June
2020, with an investment of RMB30 million. It is mainly engaged in
technological development and technical services in the field of
biotechnology.
About Global Internet
of People, Inc.
Headquartered in Beijing and Shanghai, Global
Internet of People, Inc. operates an online knowledge sharing and
enterprise service platform, both online, via a mobile application
“Shidonghui App” (the “APP”), and offline, through local offices in
Beijing, Shanghai and Hangzhou, as well as 51 local centers
operated by some of the Company’s members in 35 cities throughout
the PRC. The main services SDH offers to App users are (1)
Questions and Answers Sessions and (2) streaming of audio and video
courses and programs. The offline services SDH offers to its
members are study tours and forums. For more information about the
Company, please visit: www.sdh365.com.
Forward-looking statement
The statements in this press release regarding
the Company's future expectations, plans and prospects constitute
forward-looking statements as defined by Private Securities
Litigation Reform Act of 1995. Forward-looking statements include
statements about plans, goals, objectives, strategies, future
events, expected results, assumptions and any other factual
statements that have not occurred. Any words that refer to "may",
"will", "want", "should", "believe", "expect", "expect",
"estimate", "estimate" or similar non-factual words, shall be
regarded as forward-looking statements. Due to various factors, the
actual results may differ materially from the historical results or
the contents expressed in these forward-looking statements. These
factors include, but are not limited to, the company's strategic
objectives, the company's future plans, market demand and user
acceptance of the company's products or services, technological
updates, economic trends, the company's reputation and brand, the
impact of industry competition and bidding, relevant policies and
regulations, the ups and downs of China's macroeconomic conditions,
the international market conditions served by the company, and the
related risks and assumptions disclosed in the prospectus. In view
of the above and other related reasons, we advise investors not to
blindly rely on these forward-looking statements, and we urge
investors to visit the SEC website to consult the company's
relevant documents for other factors that may affect the company's
future operating results. The company is under no obligation to
make public amendments to changes in these forward-looking
statements due to specific events or reasons after the declaration
of these documents.
For more information, please contact:
The Company:IR DepartmentEmail: IR@sdh365.com
Investor Relations:Janice Wang EverGreen Consulting
Inc. Email: IR@changqingconsulting.comPhone: +1 571-464-9470 (from
U.S.)+86 13811768559 (from China)
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