Mr. Yandai Wang, Chairman of SOS, commented, ” As institutional buyers are additionally leaping on the bandwagon of cryptocurrencies like BTC, we count on the value momentum of crypto currencies like BTC and ETH will enhance additional and we are going to do our greatest to seize this chance by creating extra cloud crypto mining swimming pools within the close to time period.”
About SOS Restricted
SOS is an rising blockchain-based and massive data-driven advertising and marketing and resolution supplier, with a nationwide membership base of roughly 20 million in China. In July 2020, the headquarters of the corporate was moved from Gui ‘An New Space to Qingdao West Coast New Space. Lately, SOS has outlined its technique in blockchain and cryptocurrencies, which embrace a sequence of initiatives to broaden its enterprise into cryptocurrency mining in addition to cryptocurrency safety and insurance coverage. The core infrastructure of SOS’ advertising and marketing information, know-how and options to insurance coverage and emergency rescue companies is constructed on massive information, blockchain-based know-how, cloud computing, AI, satellite tv for pc, and 5G community, and so forth. SOS has created a cloud “software program as a service (SaaS)” platform for emergency rescue companies, with three main product classes: fundamental cloud, cooperative cloud, and data. This technique supplies revolutionary advertising and marketing options to purchasers akin to insurance coverage firms, monetary establishments, medical establishments, healthcare suppliers, auto producers, safety suppliers, senior residing help suppliers, and different service suppliers within the emergency rescue companies trade.
SOS has obtained a nationwide high-tech enterprise certification and the title of “Large Information Star Enterprise,” awarded by Gui’an New District Authorities. Staying on the forefront of digital know-how innovation, the Firm has registered 99 software program copyrights and a pair of patents. For extra info, please go to: http://www.sosyun.com/ .
Sure statements made herein are “forward-looking statements” inside the which means of the “secure harbor” provisions of the Personal Securities Litigation Reform Act of 1995. Ahead-looking statements could also be recognized by means of phrases akin to “anticipate,” “consider,” “count on,” “estimate,” “plan,” “outlook,” and “mission” and different comparable expressions that predict or point out future occasions or traits or that aren’t statements of historic issues. Such forward-looking statements embrace timing of the proposed transaction; the enterprise plans, targets, expectations and intentions of the events;, SOS’s estimated and future outcomes of operations, enterprise methods, aggressive place, trade setting and potential progress alternatives market acceptance of our merchandise; the last word affect of the present Coronavirus pandemic, or every other well being epidemic, on our enterprise, our analysis applications, healthcare methods or the worldwide economic system as an entire; our mental property; our reliance on third get together organizations; our anticipated monetary and working outcomes, together with anticipated sources of revenues; our assumptions concerning the scale of the accessible market, advantages of our product providing, product pricing, timing of product launches; administration’s expectation with respect to future acquisitions; statements concerning our objectives, intentions, plans and expectations, together with the introduction of recent merchandise and markets; and our money wants and financing plans and and so forth. These forward-looking statements replicate the present evaluation of current info and are topic to varied dangers and uncertainties. In consequence, warning should be exercised in counting on forward-looking statements. SOS could not understand its expectations, and its beliefs could not show appropriate. On account of identified and unknown dangers, our precise outcomes could differ materially from our expectations or projections. All forward-looking statements attributable to the Firm or individuals appearing on its behalf are expressly certified of their entirety by these components. Aside from as required beneath the securities legal guidelines, the Firm doesn’t assume an obligation to replace these forward-looking statements.
Further info regarding these and different components that will affect our expectations and projections will be present in our periodic filings with the SEC, together with our Annual Report on Type 20-F for the fiscal yr ended December 31, 2019. SOS’s SEC filings can be found publicly on the SEC’s web site at www.sec.gov. SOS disclaims any obligation to replace the forward-looking statements, whether or not on account of new info, future occasions or in any other case.
SOURCE SOS Restricted