NEW YORK, July 17, 2020 /PRNewswire/ -- Color Star
Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company", "we" or
"HHT"), a company engaged in the business of providing innovative
education services, announced that Color China Entertainment
Limited ("Color China"),
its wholly-owned subsidiary, has entered into a cooperation
agreement with Shenzhen Yuren Production Culture Media Co., Ltd.
("Shenzhen Yuren"), through which renowned music producers
Nianhe Li and Peirong Qiu, and music
instructor Muheng Shen will each
serve as a "Star Teacher" on our online education platform "Color
World." With the online star teaching model, we plan to offer live
music courses for all music lovers.
Nianhe Li is a well-known Asian music producer and songwriter.
His works such as "Tears of Polaris," "I want to understand you
better," "I love you more" and "Tang Yun" are all popular in
Asia. He has also worked with a
wide variety of singers and Asian superstars, including
Jay Chou, Weibo Pan, Yugang
Li, Bo Huang, Yaowei Sun, Junjie
Lin, and many others. His delicate touch is heard throughout
his wide array of works. In addition, he has also served as the
committee member of the Golden Melody Awards many times, showing
his influence and reputation in the Chinese music scene. In the
future, management believes he will also integrate his professional
experiences and knowledge to his live courses.
Having graduated from the Bass Institute of Technology (BIT)
program at Musicians Institute in
Los Angeles, Peirong Qiu is focused on the foundation and
personality of music production. He has an abundant experience in
teaching the bass, and the "Complete Bass Playing" book he had
published in 2003 was widely spread by bass beginners, and it is
still one of the most used electric bass teaching materials in
China today. He has collaborated
with Xueyou Zhang, Qin Qi, Huajian
Zhou, Huilin Chen,
Wenwei Mo, Huimei Zhang, Min
Li, Jay Chou, Lihong Wang, Yuqing
Fei, Yixun Chen, Zongxian Wu and many other top singers,
participating in tour performances in Hong Kong, Macau, Taiwan
and other parts of Mainland
China, Southeast Asian countries,
Australia, the United States, Canada, the United
Kingdom and Paris. In
November 2004, he released his first
album "The Portrait of J."
Muheng Shen, a Taiwanese musical
instrument master and teacher Muheng has been teaching musical
instruments for more than 30 years and has students all over the
world. Muheng has been deeply involved in the field of musical
instruments for many years and he is a well-respected musical
instrument preschool educator in Taiwan. Additionally, he is currently a
ukulele instructor of Taiwan Kung Fu Association, a musical
instrument instructor in many elementary schools in Taipei, and a senior ukulele lecturer of
Taiwan China International Music Promotion Association. He has been
teaching ukulele, folk guitar, electric guitar and electric bass
for more than 37 years. Muheng excels at guiding the artistic
growth of children, and he focuses on helping children learn,
understand and fall in love with musical instruments. He aims to
not only improve the skills of his students, but also to help
establish an optimistic learning attitude in their hearts.
In this era that attaches great importance to the "starting line
education" of children, in addition to the accumulation of
resources, we believe that the guidance from renowned teachers
serves as the finishing touch. At this time, Color Star is very
honored to cooperate with Nianhe Li, Peirong Qiu and Muheng
Shen through Shenzhen Yuren. We plan to offer special
courses, with "renowned stars providing online lessons and
entertainment" as the core value, breaking away from traditional
teaching mode and creating an efficient and entertaining learning
environment. Additionally, we also plan to provide students with
opportunities to participate in many activities in an on-site
entertainment base.
The signing of the contract between Color China and Shenzhen
Yuren through which we have secured these top music producers and
instructor as our Star Teachers also marks the beginning of our
preparation for professional courses on Color World. In the future,
Color Star aims to work with more Chinese and foreign artists and
stars in music, film, sports, animation, television, hosting,
dance, art and many other entertainment fields, increasing our
variety of interesting live-broadcasted educational courses for
everyone.
About Color Star Technology Co., Ltd.
Color Star Technology, is a holding company whose primary
business is offering both online and offline innovative education
services. Its business operations are conducted through its
wholly-owned subsidiaries Color China Entertainment Ltd. and CACM
Group NY, Inc. The Company also anticipates providing an
after-school tutoring program in New
York via its joint venture entity Baytao LLC, and providing
online music education via a platform branded "Color World."
Forward-Looking Statements
Certain statements made herein are "forward-looking statements"
within the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"anticipate", "believe", "expect", "estimate", "plan", "outlook",
and "project" and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. Such forward-looking statements include the
business plans, objectives, expectations and intentions of the
parties following the completion of the acquisition, and HHT's
estimated and future results of operations, business strategies,
competitive position, industry environment and potential growth
opportunities. These forward-looking statements reflect the current
analysis of existing information and are subject to various risks
and uncertainties. As a result, caution must be exercised in
relying on forward-looking statements. Due to known and unknown
risks, our actual results may differ materially from our
expectations or projections. 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. The following
factors, among others, could cause actual results to differ
materially from those described in these forward-looking
statements: there is uncertainty about the spread of the COVID-19
virus and the impact it will have on HHT's operations, the demand
for the HHT's products and services, global supply chains and
economic activity in general. These and other risks and
uncertainties are detailed in the other public filings with the
Securities and Exchange Commission (the "SEC") by HHT. Additional
information concerning these and other factors that may impact our
expectations and projections will be found in our periodic filings
with the SEC, including our Annual Report on Form 20-F for the
fiscal year ended June 30, 2019.
HHT's SEC filings are available publicly on the SEC's website at
www.sec.gov. HHT disclaims any obligation to update the
forward-looking statements, whether as a result of new information,
future events or otherwise.
Color Star Technology Co., Ltd.
Contact: Investor Relations
FinancialBuzzIR™
info@FinancialBuzzIR.com
Tele: +1-877-601-1879
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SOURCE Color Star Technology Co., Ltd.