SHENZHEN, China, Feb. 25, 2021 /PRNewswire/ -- TD Holdings,
Inc. (Nasdaq: GLG) (the "Company"), a commodities trading
service provider in China, today announced that its
wholly-owned subsidiary Hainan
Jianchi Import and Export Co., Ltd. has been granted the Dangerous
Chemicals Business License by The State Administration of Work
Safety of China. Such license will
accelerate the Company's strategic expansion of its business in the
energy commodities field.
The license covers the handling of hazardous chemicals and
energy products such as petroleum, chemical, fuel, etc. With this
license, the Company is now qualified to provide commodity services
to clients in the chemical and energy sectors.
Ms. Ouyang Renmei, CEO of TD
Holdings Inc., said: "Our goal is to become a leading commodity
platform service powered by blockchain technology. Our expansion
into the field of the hazardous chemicals and energy products
sector is part of our long-term growth strategy. The letter of
intent previously announced by the Company to purchase eight
registered blockchain software is part of our strategy to speed up
the application of blockchain technology. We strive to promote the
application of blockchain technology in our commodities platform as
well as our digital iCloud warehouses in order to provide more
efficient and convenient commodity trading and supply chain
solutions to our clients. We anticipate that our e-commerce
platform will continue to add more categories of commodities and
apply blockchain technology to provide high quality services for
global commodity trading."
About TD Holdings, Inc.
TD Holdings, Inc. is a service provider currently engaging in
commodity trading business and supply chain service business in
China. Its commodities trading
business primarily involves purchasing non-ferrous metal product
from upstream metal and mineral suppliers and then selling to
downstream customers. Its supply chain service business primarily
has served as a one-stop commodity supply chain service and digital
intelligence supply chain platform integrating upstream and
downstream enterprises, warehouses, logistics, information, and
futures trading. For more information please visit
http://ir.tdglg.com.
Safe Harbor Statement
This press release may contain certain "forward-looking
statements" relating to the business of TD Holdings, Inc. and its
subsidiary companies. All statements, other than statements of
historical fact included herein are "forward-looking statements."
These forward-looking statements are often identified by the use of
forward-looking terminology such as "believes," "expects" or
similar expressions, involve known and unknown risks and
uncertainties. Although the Company believes that the expectations
reflected in these forward-looking statements are reasonable, they
do involve assumptions, risks and uncertainties, and these
expectations may prove to be incorrect. The following factors,
among others, could cause actual results to differ materially from
those described in these forward-looking statements: there is
uncertainty about the spread of the COVID-19 virus and the impact
it will have on the Company's operations, the demand for the
Company's products and services, global supply chains and economic
activity in general. Investors should not place undue reliance on
these forward-looking statements, which speak only as of the date
of this press release. Investors should not place undue reliance on
these forward-looking statements, which speak only as of the date
of this press release. The Company's actual results could differ
materially from those anticipated in these forward-looking
statements as a result of a variety of factors, including those
discussed in the Company's periodic reports that are filed with the
Securities and Exchange Commission and available on its website at
http://www.sec.gov. All forward-looking statements attributable to
the Company or persons acting on its behalf are expressly qualified
in their entirety by these factors. Other than as required under
the securities laws, the Company does not assume a duty to update
these forward-looking statements.
For more information, please contact:
Investor Relations:
Dong Cao, CFA
EverGreen Consulting Inc.
Email: IR@changqingconsulting.com
Phone: +86 13502048965
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SOURCE TD Holdings, Inc.