Seven Stars Cloud Announces Engagement of Ogilvy for Investor Relations and Corporate Financial Communications
- Company also announces expansion of internal Investor Relations group
NEW YORK, Aug. 25, 2017 /PRNewswire/ -- Seven Stars Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company" or "Seven Stars Cloud"), is pleased to announce the engagement of Ogilvy Public Relations ("Ogilvy") as part of its overall investor relations strategy. Ogilvy, with a long history and successful track record in financial, investor and corporate communications services, is an affiliate of Ogilvy & Mather, the world's leading integrated communications firm.
With this engagement, Ogilvy will provide the Company with support in the following overall areas:
- Execution of a comprehensive investor relations and communications program;
- Marketing awareness efforts;
- Assisting management in developing a strategy to enhance and expand the Company's exposure to the global finance community;
- Corporate development initiatives
In addition, in order to provide supplemental internal support to SSC's financial communications and investor outreach, the Company will assign Beijing-based, Sean Wang, to assist US-based VP of IR, Jason Finkelstein and Ogilvy, with their efforts.
"As our results improve and we begin to increasingly realize our potential, we have decided to enhance and expand our investor relations activities," commented Bing Yang, CEO of Seven Stars Cloud. "Our goal is to better realize the true value of our company by increasing both our transparency and levels of communication with our existing and new shareholders. We are pleased to have retained Ogilvy to assist in a new long-term comprehensive investor communications program and with the added support of two internal executives, this new structure will allow us to elevate the awareness of Seven Stars Cloud's business objectives and eventually naturally release the inherent value of its publicly traded securities."
Ogilvy is one of the largest marketing communications companies in the world. It was named the Cannes Lions Network of the Year for five consecutive years, 2012, 2013, 2014, 2015 and 2016; the EFFIEs World's Most Effective Agency Network in 2012, 2013 and 2016; and Adweek's Global Agency of the Year in 2016. The company is comprised of industry leading units in the following disciplines: advertising; public relations and public affairs; branding and identity; shopper and retail marketing; health care communications; direct, digital, promotion and relationship marketing; consulting, research and analytics; branded content and entertainment; and specialist communications. O&M services Fortune Global 500 companies as well as local businesses through its network of more than 500 offices in 126 countries. It is a WPP company (NASDAQ: WPPGY). For more information, visit http://www.ogilvy.com/, or follow Ogilvy on Twitter at @Ogilvy and on Facebook.com/Ogilvy.
About Mr. Sean Wang
Mr. Wang has founded or served senior executive roles in five start-ups in the areas of mobile devices, content and services, big data and wireless networking. Mr. Wang is currently the Chief Investment Officer of Sun Seven Stars Media Group.
He was a co-Founder and CEO of Dragontech Ventures, a venture capital firm founded in 2000. During his time there, he was ranked a Top 10 Venture Capitalist in China twice by Zero2IPO. Prior to that he was a Deputy General Manager of China International Capital Corporation (CICC), a joint venture between Morgan Stanley and China Construction Bank. He was also a Senior Regional Analyst heading Telecommunications and Technology Research at Nikko Research Center (Hong Kong) Ltd.
He was an Associate Professor (with tenure) of Electrical and Computer Engineering at the University of Victoria, B.C. Canada and an Associate Professor of Information Engineering at the Chinese University of Hong Kong. Additionally, he served as an Industrial Fellow of the Telecommunications Advancement Organization of Japan for international collaboration and a British Columbia Advanced Systems Institute Fellow for technology transfer from academia to industry.
He received a Ph.D. in Electrical and Computer Engineering from the University of Victoria, BC, Canada in 1988 and has been a CFA charter holder since 2001.
About Seven Stars Cloud Group, Inc. (http://corporate.sevenstarscloud.com/)
Seven Stars Cloud Group, Inc. (NASDAQ: SSC) is aiming to be a leading Intelligent Industrial internet (3I) platform, creating a fintech-powered, supply chain solution simplified for commercial enterprises. There are 2 Engines that drive our business platform: 1. VPaaS - Supply Chain Management for key industry sectors and leaders including but not limited to Big Commodities, Cross-Border Trade, Consumer Electronics & Energy; 2. Digital Finance Solutions - Supply Chain Finance underwritten by our Global Cornerstone Funds and Tokenization and Exchange Platforms, which include FINRA and SEC-regulated: Index Exchanges, Initial Coin Offering / Tokenization, ETFs and Derivatives. Both Engines and their various arms will run on 'BASE' technology and infrastructure (Blockchain, Artificial Intelligence, Supply Chain & Exchanges) to power a closed trade ecosystem for buyers and sellers designed to eliminate transactional middlemen and create a more direct and margin-expanding path for principals.
Safe Harbor Statement
This press release contains certain statements that may include "forward looking statements." 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, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You 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 (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.
Seven Stars Cloud Group, Inc.
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