"Uplisting to The Nasdaq Global Select Market represents an
important milestone for Yangtze River Development Limited," said
Xiangyao Liu, CEO, Yangtze River Development Limited. "We believe
that trading on The Nasdaq Global Select Market will increase our
visibility and enhance our corporate profile. The Nasdaq Global
Select Market has the highest initial listing standards of any of
the world's stock markets and we are pleased to be a member of the
most elite companies traded globally."
ABOUT YANGTZE RIVER DEVELOPMENT LTD.:
Yangtze River Development Limited primarily engages in the
business of real estate development with a port logistic project
located in the middle reaches of the Yangtze River. Wuhan Newport
is a large infrastructure development project implemented under
China's latest "One Belt One Road" initiative and is strategically
positioned in the "Free Trade Zone" of the Wuhan Port, a crucial
trading window between China, the Middle East and Europe. To be
fully developed upon completion of three phases, within the
logistics center, there will be six operating zones, including port
operation area, warehouse and distribution area, cold chain
logistics area, rail cargo loading area, exhibition area and
residential community. The logistics center is also expected to
provide a number of shipping berths for cargo ships of various
sizes. Wuhan Newport is expected to provide domestic and foreign
businesses a direct access to the Free Trade Zone in Wuhan. The
project will include commercial buildings, professional logistic
supply chain centers, direct access to the Yangtze River,
Wuhan-Xinjiang-Europe Railway and ground transportation, storage
and processing centers, IT supporting services, among others.
For additional information please go to: http://www.yerr.com.cn
FORWARD-LOOKING STATEMENTS:
This document includes "forward-looking" statements, as that
term is defined in the Private Securities Litigation Reform Act of
1995 or by the Securities and Exchange Commission in its rules,
regulations and releases. Forward-looking statements are any
statements other than statements of historical fact, including
statements regarding Company's expectations, beliefs, hopes,
intentions or strategies regarding the future. Among other things,
these forward-looking statements may include statements regarding
the change of Company's plan of operation, future opportunities as
a result of the matter referenced in the above statements; and any
other statements regarding Company's future beliefs, expectations,
plans, intentions, financial condition or performance. In some
cases, forward-looking statements can be identified by the use of
words such as "may," "will," "expects," "should," "believes,"
"plans," "anticipates," "estimates," "predicts," "potential,"
"continue," or other words of similar meaning. Forward-looking
statements are subject to risks and uncertainties that could cause
actual results to differ materially from those discussed in, or
implied by, the forward-looking statements. Factors that might
cause such a difference include, but are not limited to, general
economic conditions, our financial and business prospects, our
capital requirements, our financing prospects, our relationships
with employees, and our ability to realize the anticipated benefits
of such transaction, and those disclosed as risks in other reports
filed by us with the Securities and Exchange Commission, including
those described in our most recently filed Annual Report on Form
10-K and subsequent amendment on Form 10-K/A, current report on
Form 8-K, and other filings with the SEC.
We caution readers that any such statements are based on
currently available operational, financial and competitive
information, and they should not place undue reliance on these
forward-looking statements, which reflect management's opinion only
as of the date on which they were made. Except as required by law,
we disclaim any obligation to review or update these
forward-looking statements to reflect events or circumstances as
they occur.