HANGZHOU, China, July 10, 2018 /PRNewswire/ -- Dragon Victory
International Limited ("LYL" or the "Company"), a company offering
reward-based crowdfunding opportunities and quality incubation
services to entrepreneurs in China, announced today that Mr. Jianju Sun, Chairman and Chief Executive Officer
of the Company, has been appointed as executive president of
Shandong Chamber of Commerce in
Zhejiang Province ("SCCZ"). The
appointment was made effective on July 4th,
2018.
SCCZ was established on November 26,
2011 with headquarters located in Zhejiang. It is a provincial-level association
approved by the Shandong Provincial Government, the Zhejiang
Provincial Government and has been registered by the Zhejiang
Provincial Civil Affairs Department. As of December 1, 2017, SCCZ has a total of 8,791
members, and has 31 branches, including 19 industry branches, 6
local branches, and 6 members of the Shandong Chamber of Commerce outside
Hangzhou. SCCZ is the first
5A-level social organization in Zhejiang
Province, as well as the first organization to obtain
government function transfer and purchase service qualifications,
and provincial-level foreign chamber of commerce to win the
honorary title of Provincial Standardization Construction
Demonstration Chamber of Commerce.
Mr. Jianjun Sun, Chairman and
Chief Executive Officer of Dragon Victory International Limited,
commented, " It is a great honor to serve as the Executive
President of the Shandong Chamber
of Commerce in Zhejiang Province.
I look forward to working with the dedicated and talented team at
SCCZ to further develop entrepreneurial relations between our
members and Zhejiang province
businesses. At Dragon Victory, our platform is built on encouraging
entrepreneurs to cooperate, take risks, and create new innovations.
This same philosophy suits the objectives of the Chamber, as
through collaboration and communication the Chamber creates value
and facilitates change in Shandong
and Zhejiang."
About Dragon Victory International Limited
Incorporated in 2015 and headquartered in Hangzhou, Dragon Victory International Limited
("LYL" or the "Company") offers reward-based crowdfunding
opportunities in China to
entrepreneurs and funding sources through a fast-growing
reward-based crowdfunding platform at www.5etou.cn. 5etou is
designed to enable small- and medium-sized companies, start-ups and
idea generators to raise funding from participants through the
Internet. The Company also provides quality business incubation
services and financial services to entrepreneurs and business
entities with funding needs who utilize our crowdfunding platform.
More information is available at www.dvintinc.com.
Forward-Looking Statements
This press release contains information about the Company's
view of its future expectations, plans and prospects that
constitute forward-looking statements. Actual results may
differ materially from historical results or those indicated by
these forward-looking statements as a result of a variety of
factors including, but not limited to, risks and uncertainties
associated with its ability to raise additional funding, its
ability to maintain and grow its business, variability of operating
results, its ability to maintain and enhance its brand, its
development and introduction of new products and services, the
successful integration of acquired companies, technologies and
assets into its portfolio of products and services, marketing and
other business development initiatives, competition in the
industry, general government regulation, economic conditions,
dependence on key personnel, the ability to attract, hire and
retain personnel who possess the technical skills and experience
necessary to meet the requirements of its clients, and its ability
to protect its intellectual property. The Company encourages
you to review other factors that may affect its future results in
the Company's registration statement and in its other filings with
the Securities and Exchange Commission.
For more information, please contact:
In China:
Bo Lyu, the Board Secretary
Dragon Victory International Limited
Email: lb@dvintinc.com
Phone: +86-15157527297
In the United
States:
Tina Xiao, President
Ascent Investor Relations LLC
Email: tina.xiao@ascent-ir.com
Phone: +1-917-609-0333
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SOURCE Dragon Victory International Limited