May 29, 2022

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TD Holdings, Inc. Announces Strategic Cooperation with Guangzhou Wensheng Blockchain Technologies Co., Ltd. to Implement Blockchain Engineering in the Provide Chain Funding and Enhancement of Cloud Based mostly Warehouse

SHENZHEN, China, Sept. 10, 2021 /PRNewswire/ — TD Holdings, Inc. (Nasdaq: GLG) (the “Business”), a commodities buying and selling support company in China, today introduced that the Organization has entered into a strategic cooperation framework arrangement (the “Settlement”) with Guangzhou Wensheng Blockchain Technological innovation Co., Ltd. (“GWBT”), a significant-tech organization focusing on “blockchain+” software answers to apply blockchain engineering in the source chain funding and advancement of cloud based warehouse.

Pursuant to the Arrangement dated September 8, 2021, both parties concur to share blockchain technological innovation connected information and jointly utilize blockchain technologies in the provide chain funding and electronic cloud warehouse small business. GWBT agrees to assistance the Corporation in setting up and bettering its electronic cloud warehouse logistics platform and optimizing the settlement and payment process for commodities investing. GWBT also agrees to supply the Firm with complex devices and consulting services with regards to tracing and funding of provide chain. The parties system to enter into definitive agreement with aspects of the cooperation in the long run.

Ms. Renmei Ouyang, the Chief Govt Officer of the Enterprise, commented, ” We are thrilled to turn into a strategic spouse of GBWT. Leveraging the respective positive aspects of GBWT’s blockchain engineering and the Firm’s accessibility to U.S. money market as a U.S. stated corporation, we imagine the alliance will even further greatly enhance our existing platform and company. With the huge current market potential of blockchain in the source chain financing and electronic cloud warehouse enterprise, we seem forward to doing work with GBWT on this essential initiative.”

About TD Holdings, Inc.

TD Holdings, Inc. is a provider supplier presently engaging in commodity buying and selling business enterprise and source chain assistance company in China. Its commodities investing business enterprise mostly will involve getting non-ferrous metallic product from upstream steel and mineral suppliers and then providing to downstream buyers. Its supply chain service small business primarily has served as a just one-cease commodity offer chain provider and digital intelligence provide chain system integrating upstream and downstream enterprises, warehouses, logistics, information, and futures investing. For more details, please go to http://ir.tdglg.com.

Protected Harbor Assertion

This press launch might incorporate specified “forward-wanting statements” relating to the company of TD Holdings, Inc. and its subsidiary providers. All statements, other than statements of historical truth involved herein are “forward-seeking statements.” These ahead-looking statements are often discovered by the use of ahead-searching terminology such as “thinks,” “expects” or identical expressions, include recognised and unfamiliar hazards and uncertainties. While the Enterprise believes that the expectations mirrored in these ahead-looking statements are sensible, they do involve assumptions, hazards and uncertainties, and these anticipations may well confirm to be incorrect. The next aspects, between other folks, could result in precise outcomes to differ materially from those explained in these ahead-hunting statements: there is uncertainty about the distribute of the COVID-19 virus and the impact it will have on the Firm’s functions, the desire for the Company’s items and companies, worldwide source chains and economic action in general. Buyers should not put undue reliance on these forward-wanting statements, which speak only as of the day of this press release. Traders really should not put undue reliance on these forward-on the lookout statements, which speak only as of the day of this press launch. The Company’s real success could differ materially from those people expected in these ahead-on the lookout statements as a result of a wide variety of variables, such as all those discussed in the Company’s periodic experiences that are submitted with the Securities and Trade Fee and out there on its web site at http://www.sec.gov. All ahead-wanting statements attributable to the Firm or individuals performing on its behalf are expressly competent in their entirety by these aspects. Other than as essential less than the securities legal guidelines, the Organization does not presume a responsibility to update these forward-seeking statements.

For more info, make sure you get in touch with:

Ascent Investor Relations LLC
Ms. Tina Xiao
Electronic mail:[email protected]
Tel: +1 917 609 0333

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