Fantastic NECK, N.Y., Jan. 5, 2022 /PRNewswire/ — Sino-Worldwide Shipping The united states, Ltd. (NASDAQ: SINO) the “Corporation”) these days introduced it is changing its name to Singularity Potential Technological innovation Ltd. to mirror its new aim and mandate. The Firm’s shares are expected to get started buying and selling on NASDAQ below the new ticker image “SGLY” beginning January 7, 2022.
The Corporation began an formidable strategic small business change in 2021, as it leveraged its core skills in logistics and shipping to speed up its diversification and development in cryptocurrency and other new markets. The formal identify transform recognizes the Company’s important development and signifies the most recent move in aligning the Firm’s small business to its growth endeavours in cryptocurrency and other new marketplaces.
Main Executive Officer, Mr. Yang “Leo” Jie, commented, “The formal identify adjust to Singularity Potential Know-how far better embodies the Company’s path and mandate. We produced significant development in 2021, like executive leadership changes, new strategic partnerships, and investments built to set up our technological know-how management. Equally our Board of Administrators and administration workforce wanted to make the formal title change to greater mirror our small business, as we continue being centered on accelerating advancement in cryptocurrency and other new marketplaces. This is a quite exciting time for us in the Firm’s evolution, and we thank our shareholders for their continued help as we do the job to make price.”
About Singularity Potential Engineering Ltd.(NASDAQ: SGLY)
Founded in the United States in 2001, Sino-International Delivery The us, Ltd. has been diversifying into the cryptocurrency sector, while continuing to help and increase its transport, chartering, logistics and linked expert services enterprise. Headquartered in New York, The Business has places of work in Mainland China and United States. Supplemental details about the Firm can be observed on the Company’s company website at www.sino-world.internet.
Selected statements designed herein are “forward-seeking statements” in the meaning of the “safe harbor” provisions of the Non-public Securities Litigation Reform Act of 1995. Forward-seeking statements may well be identified by the use of words and phrases this kind of as “foresee”, “believe”, “be expecting”, “estimate”, “prepare”, “outlook”, and “undertaking” and other comparable expressions that forecast or point out long term activities or tendencies or that are not statements of historical issues. This kind of forward-looking statements include SGLY’s believed and long run effects of functions, organization tactics, competitive position, sector ecosystem and likely expansion possibilities. In addition, there is uncertainty about the distribute of the COVID-19 virus and the affect it will have on SGLY’s operations, the need for SGLY’s merchandise and providers, world provide chains and economic exercise in common. Moreover, the value of cryptocurrencies may perhaps fluctuate substantially in excess of time, and the good results of the JV and its products are not assured. These ahead-looking statements replicate the current analysis of existing information and are matter to various hazards and uncertainties. As a final result, warning should be exercised in relying on ahead-wanting statements. Due to recognized and unfamiliar hazards, our genuine final results may perhaps differ materially from our expectations or projections. All ahead-wanting statements attributable to the Company or folks acting on its behalf are expressly experienced in their entirety by these aspects. Other than as demanded less than the securities guidelines, the Corporation does not presume a duty to update these ahead-seeking statements.
More data concerning these and other factors that may impression our expectations and projections will be found in our periodic filings with the SEC, like our Yearly Report on Variety 10-K for the fiscal year finished June 30, 2021. SGLY’s SEC filings are available publicly on the SEC’s web site at www.sec.gov. SGLY disclaims any obligation to update the forward-wanting statements, regardless of whether as a result of new information and facts, long term gatherings or otherwise.
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