HONG KONG, April 6, 2022 /PRNewswire/ — Sharing Economy International Inc. (“SEII”) (OTCQB: SEII), introduced in the present day that it has signed an Investment Cooperation Agreement with Hanking Fof Investment, L.P. (“Hanking”).
Pursuant to the Agreement, Hanking intends to make strategic investments in SEII with a complete dimension of as much as US$30 million for a two-year interval, the proceed of which is to be utilized primarily within the fields of (1) analysis and growth of latest applied sciences and merchandise corresponding to clever algorithms, utility programs and clever interactive gadgets based mostly on metaverse purposes of SEII; (2) ultra-high definition naked-eye 3D built-in resolution, software program and {hardware} merchandise as properly the market enlargement in Hong Kong, Macao, Southeast Asia and Europe; (3) SEII’s cooperation with main clients that concerned in 3D improve of show panel; and (4) enlargement of SEII’s cooperation with extra initiatives combining world main metaverse know-how and inexperienced financial system.
Hanking is a non-public fairness fund professionally operated and managed by a household workplace for rich households. It focuses on personal fairness, block transactions and secondary market funding, in addition to monetary providers to excessive web price people, institutional traders and rich households corresponding to funding advisory and asset administration providers. In addition, Hanking has created an ecological administration system by managing numerous funds in Hong Kong, Beijing, Shanghai and different cities in addition to following carefully on the worldwide new financial system trade. Hanking’s funding crew efficiently invested in lots of main PRC-based e-commerce and achieved excessive returns. Moreover, Hanking can be the associate of many mainstream funds, which have, robust affect and enchantment inside respective industries.
The signing of the formal funding settlement is topic to the conclusion of the due diligence being performed by Hanking on SEII inside 90 days upon the signing of this Agreement.
About Sharing Economy International Inc.
Sharing Economy International Inc., via its affiliated firms, are centered on focusing on the know-how and world sharing financial system markets, by growing on-line platforms and rental enterprise partnerships that may drive the worldwide growth of sharing via economical rental enterprise fashions. Moreover, the Company will actively pursue blockchain know-how in its present and to-be-acquired enterprise, enabling most of the people to understand the fantastic thing about useful resource sharing. For extra info go to www.seii.com
Cautionary Warning Regarding Forward-Looking Statements:
This press launch could include “forward-looking statements” throughout the that means of the Private Securities Litigation Reform Act of 1995. In some instances, you may determine forward-looking statements by terminology corresponding to “may,” “will,” “should,” “could,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the unfavourable of such phrases and different comparable terminology. These forward-looking statements embrace, with out limitation, statements about our market alternative, our methods, competitors, anticipated actions and expenditures as we pursue our marketing strategy, and the adequacy of our accessible money assets. Although we consider that the expectations mirrored in any forward-looking statements are cheap, we can’t assure future outcomes, ranges of exercise, efficiency or achievements. Actual outcomes could, and in all probability will, differ materially from the predictions mentioned in these forward-looking statements. Changes within the circumstances upon which we base our predictions and/or forward-looking statements might materially have an effect on our precise outcomes. Additional elements that would materially have an effect on these forward-looking statements and/or predictions embrace, amongst different issues: (1) our means to boost extra capital to proceed our operations; (2) our means to pay down present debt; (3) our means to draw and retain key government officers and the skilled advisors; (4) the impact of the COVID-19 outbreak on our operations; (5) potential litigation with our shareholders, collectors and/or former or present traders; (6) the impact of political instability on our operations; and (7) different elements over which we’ve got little or no management. Any forward-looking statements converse solely as of the date on which they’re made, and Sharing Economy International doesn’t undertake any obligation to replace any forward-looking assertion to mirror occasions or circumstances after the date of this launch. Information on Sharing Economy International’s web site doesn’t represent part of this launch.
Company Contacts:
Sharing Economy International Inc.
Email: ir@seii.com
+852-31060372
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SOURCE Sharing Economy International Inc.