Jowell Global Ltd. Enters into Strategic Cooperation Agreement with ZTO Express to Boost Global Business Development
April 13 2021 - 06:30AM
Jowell Global Ltd. (“JWEL” or the “Company”) (NASDAQ: JWEL), a
company which operates one of the leading cosmetics, health and
nutritional supplements and household products e-commerce platforms
- Juhao Mall in China, today announced the Company has entered into
a strategic cooperation agreement with ZTO Express (Cayman) Inc.
(NYSE: ZTO and HKEX:2057) (“ZTO”) a global express delivery service
provider following a visit by representatives from ZTO to JWEL’s
headquarter on April 1, 2021.
Pursuant to the cooperation agreement signed by the parties,
JWEL and ZTO will seek in-depth collaboration in smart logistics
and community new retail amid a growing population using mobile
internet in the 5G era, which is expected to create great business
opportunities for the collaboration between JWEL and ZTO in the
fast-growing e-commerce industry. ZTO will provide JWEL logistic
services for goods sent by JWEL from China to Africa and to the
rest of the world. JWEL will also be able to sell its products
through ZTO stores located in China and overseas to expand its
sales channel.
Mr. Changjian Lai, Vice President of ZTO, said: “We look forward
to working with JWEL and help the Company gain access to global
markets via our extensive network coverage globally and automatic
sorting system that are playing a crucial role for the supply chain
upgrading of our trusted corporate partners.”
Mr. Zhiwei Xu, CEO and Chairman of Jowell Global Ltd.,
commented: “The Company has worked hard in recent years to expand
into African, Southeast Asian, European and American markets.
Logistics is critical when competition turns increasingly
aggressive in the e-commerce industry. ZTO’s strong logistics
network and automatic sorting system will help JWEL further improve
its supply chain management and become more competitive in global
markets.
“This will be a win-win collaboration that helps boost business
growth for both parties. JWEL also looks forward to working with
more domestic partners to consolidate industry resources and drive
success of the Company’s global development strategies.” Mr. Xu
stated.
About Jowell Global Ltd.
Jowell Global Ltd. (the “Company”) operates one of China's
leading e-commerce platforms for cosmetics, health and nutritional
supplements and household products - Juhao Mall. The Company
provides its own brand products to customers and sells and
distributes other companies' health and nutritional supplements,
cosmetics and certain household products on the Juhao Mall
platform. In addition, Juhao Mall allows third parties to open
their own stores on its platform. The Company has also been selling
its products through authorized retail stores all across China,
which operate under the brand name of “Love Home Store” or “LHH
Store”. For more information, please visit
https://www.1juhao.com/.
Forward-Looking Statement
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; financial condition and results of
operations; product and service demand and acceptance; reputation
and brand; the impact of competition and pricing; changes in
technology; government regulations; fluctuations in general
economic and business conditions in China and worldwide as well as
assumptions underlying or related to any of the foregoing and other
risks contained in reports filed by the Company with the SEC. 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 SEC, 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.
For more information, please contact:
Investor Relations:
Janice Wang
EverGreen Consulting Inc.
Email: IR@changqingconsulting.com
Phone: +1 571-464-9470 (from U.S.)
+86
13811768559 (from China)
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