ZHUHAI, China, Sept. 21,
2023 /PRNewswire/ -- Powerbridge Technologies Co.,
Ltd. (Nasdaq: PBTS) ("Powerbridge") is pleased to announce a
significant step in its global expansion efforts through a
strategic partnership with a prominent global smartphone provider
(the "Client"). This collaboration underscores Powerbridge's
commitment to enhancing its global reach and services, potentially
offering growth opportunities for all stakeholders.
In line with its mission to facilitate digital transformation
for international enterprises, Powerbridge will collaborate with
the Client to optimize their global supply chain and compliance
operations across Asia and
Europe. This partnership reflects
the trust that leading industry players have in Powerbridge's
capabilities.
Powerbridge's acclaimed Global Trade Digital Platform services,
currently operational in Mainland
China, Hong Kong, and Indonesia, are set to expand to key European
markets, including the
Netherlands, the United
Kingdom, and Hungary. These
expansion plans are expected to unfold gradually and are part
of Powerbridge's broader international growth strategy.
Additionally, Powerbridge is exploring opportunities to support
the establishment and operation of free trade zones in emerging
economies in the Middle East and
Africa. The company is also
actively engaging with global channel partners to explore
international trading opportunities in various sectors.
Stewart Lor, CEO of Powerbridge,
expressed his confidence: "We believe this partnership signifies a
positive step forward in our global expansion journey and will
elevate Powerbridge into a prominent global player. Powerbridge
remains committed to delivering value to our clients and
shareholders as we explore opportunities for growth in new
markets."
About Powerbridge
Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) is a global
provider of technology solutions and services across multiple
industries. The Company is engaged in four segments of business:
global trade digital platform and services, agritech and
agribusiness solutions, integrated renewable energy and
agribusiness solutions, and crypto equipment trading
and cryptomining operations.
Safe Harbor 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; specifically, the Company's statements
regarding listing on the NASDAQ Capital Market and the IPO are
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; product and service demand and acceptance;
changes in technology; economic conditions; reputation and brand;
the impact of competition and pricing; government regulations;
fluctuations in general economic and business conditions in
China and 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:
Corporate Investor Relations
Powerbridge Technologies Co., Ltd.
Email: ir@powerbridge.com
Website: www.powerbridge.com/ir/
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SOURCE Powerbridge Technologies Co., Ltd.