NEW YORK, April 8, 2021 /PRNewswire/ -- Code Chain New
Continent Limited (the "Company," or "Code Chain" or "We") (NASDAQ:
CCNC), a leading eco-technology company, announced today the
appointment of Zijing (Ryan) Xu as
Chief Strategy Officer and as a new member to the Board of
Directors, effective immediately.
As the Co-founder of Blockchain Global, Collinstar Capital, and
Rongyitou Internet Financial Services Co. Ltd, Melbourne-based
'Martian' Ryan Xu is one of the most
influential Key Opinion Leaders in Chinese Digital Currency and
Blockchain Community. He is also a member of the Asian DACA
Blockchain Association and Chairman of HCash Foundation.
Mr. Xu has been dedicate to the Bitcoin industry since 2014,
with extensive experience in Blockchain, mining, and
investment. He brings special expertise to
pioneer Blockchain technology, expand into new markets
and leverage new platforms that are especially
timely in a fast-changing business environment.
In his new role at Code Chain, Mr. Xu will be
the driving force behind the Company's strategic focus on Bitcoin
mining. Mr. Xu will also help drive the Company's
continued growth by leveraging his extensive professional insights
in Bitcoin and industry influence to guide the management's
cryptocurrency expansion and development
efforts.
In welcoming Mr. Xu, David (Weidong)
Feng, Co-CEO of the Company, commented, "Code Chain is
moving rapidly to meet the demands of its mission of cryptocurrency
expansion. We are excited for Mr. Xu to join our team as a
multi-dimensional and multi-talented leader with a proven
successful track record. Having him help our
progress going forward is a huge added value for the
Company."
Mr. Xu said, "I am very pleased with this excellent opportunity
to firmly root in the Company's strategic direction by offering my
knowledge of the Blockchain market. I look forward to being a part
of this to the adventure ahead."
About Code Chain New Continent Limited
Founded in 2009, Code Chain New Continent Limited engages in the
research, development, and sale of solid waste recycling systems
for the mining and industrial sectors, the wholesale and sale of
fuel materials, harbor cargo handling services and production and
sales of coating materials in the PRC. It provides end-users in
these markets with a clean alternative to traditional waste
disposal by significantly reducing solid waste discharge into the
environment and enabling such users to extract value from valuable
metals and other industrial waste materials. Upon completion of
Sichuan Wuge Network Games Co., Ltd. ("Wuge"), the Company has also
diversified its business. Wuge was established in 2019 and is still
in this early developing stage. Wuge produced electronic tokens
that combine the five-W elements (when, where, who, why, what),
geographic location via the Beidou satellite system and identity
information using Code Chain technology. The electronic tokens are
unique, tradable, and inheritable digital assets and cannot be
tampered. The electronic tokens are based on and stored in the Code
Chain system and can be used to monitor and document all kinds of
consumer behaviors that involve code-scanning.
Safe Harbor Statements
This press release contains "forward-looking statements"
within the meaning of the Private Securities Litigation Reform Act
of 1995, including certain plans, expectations, goals, and
projections, which are subject to numerous assumptions, risks, and
uncertainties. These forward-looking statements may include, but
are not limited to, statements containing words such as "may,"
"could," "would," "plan," "anticipate," "believe," "estimate,"
"predict," "potential," "expects," "intends", "future" and
"guidance" or similar expressions. These forward-looking statements
speak only as of the date of this press release and are subject to
change at any time. These forward-looking statements are based upon
management's current expectations and are subject to a number of
risks, uncertainties and contingencies, many of which are beyond
the Company's control that may cause actual results, levels of
activity, performance or achievements to differ materially from any
future results, levels of activity, performance or achievements
expressed or implied by such forward-looking statements. The
Company's actual results could differ materially from those
contained in the forward-looking statements due to a number of
factors, including those described under the heading "Risk Factors"
in the Company's public filings with the Securities and Exchange
Commission, including the Company's annual report on 10-K. The
Company undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required under applicable
law.
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SOURCE Code Chain New Continent Limited