Tongdow Brand Valued at RMB17
Billion
SHENZHEN, China, July 26,
2023 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG)
(the "Company"), a commodities trading service provider in
China today announced that its
controlling subsidiary Shenzhen Tongdow Internet Technology Co.,
Ltd. ("Tongdow") was awarded "2023 Top 500 Chinese Brands" (the
"Award"), ranking 341st, at the Top 500 Chinese Brands
Conference in the 2023 Brand Power Summit Forum (the "Forum")
in Beijing on July 15, 2023. Tongdow is a leading integrated
service provider for an online to offline e-commerce commodities
trading platform Tongdow.com. The Tongdow brand has been evaluated
at RMB17 Billion by the Forum's
organizer Asiabrand, a renowned professional brand evaluation
institution.
Initiated by Asiabrand and co-hosted by the China-Asia Economic
Development Association, Global Times, and China Economic News
Broadcast Network, the Forum is designed to promote brand
innovation and set up brand examples to empower Chinese brands to
realize their value. The Forum garnered widespread support from
mainstream media, investment and financing institutions, esteemed
political and business figures, and prestigious academic
institutions around the globe.
Ms. Renmei Ouyang, the CEO of the
Company, stated, "We are thrilled to receive the Award, which is a
recognition of our unwavering commitment and dedication to building
our brand and elevating the prominence of Chinese brands on the
global stage. The Award not only recognizes our commitment but also
highlights our continuous efforts in delivering exceptional
service, meeting the demand of our customers, and fostering
innovation in the industry. Moving forward, we will continue
enhancing our brand visibility, increasing our brand value, and
making a meaningful difference in the global commodities trading
industry."
About TD Holdings, Inc.
TD Holdings, Inc. is a service provider currently engaging in
the commodities trading business and supply chain service business
in China. Its commodities trading
business primarily involves purchasing non-ferrous metal products
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
https://www.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, involving 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; the occurrence of any event, change or other
circumstances; and other risks and uncertainties described herein,
as well as those risks and uncertainties discussed from time to
time in other reports and other public filings with the Securities
and Exchange Commission by TD Holdings, Inc. 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:
Ascent Investor Relations LLC
Ms. Tina Xiao
Email: tina.xiao@ascent-ir.com
Tel: +1 917 609 0333
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SOURCE TD Holdings, Inc.