TIANJIN, China, March 05, 2019 (GLOBE NEWSWIRE) — MDJM Ltd (the “Company” or “MDJH”), an emerging, integrated real estate services business enterprise in China, announced nowadays that on November 30, 2018, it correctly gained a bidding to a Primary Real Agency Services Contract (the “Contract”) with Tianjin Meiyin Real Estate Development Co., Ltd. Regarding the Tianjin Ping An Teda Financial Center (the “Financial Center”). Tianjin Meiyin Real Estate Development Co., Ltd., a joint task among Teda Investment Holding Co. Ltd., one of the China Top 500 Enterprises, and Ping An Real Estate Co., Ltd., a subsidiary of Ping An Insurance Company of China, Ltd., began creation at the Financial Center in 2017. Teda Investment Holdings Co. Ltd. And Ping An Real Estate Co., Ltd. Very own 70% and 30% of Tianjin Meiyin Real Estate Development Co., Ltd.
Respectively. Pursuant to the Contract, the Company expects to function the primary real estate sales agent for the Financial Center, responsible for market research, marketing making plans and offering income sellers, and many others. MDJH has been entrusted to promote 596 residential devices for the Financial Center with a complete production region of up to 70,090 rectangular meters and a saleable location of as much as 69,a hundred ninety square meters. Mr. Siping Xu, Chairman and Chief Executive Officer of MDJM Ltd, stated, “We are pleased to announce our settlement to offer actual property offerings for the Tianjin Ping An Teda Financial Center. We view this an notable opportunity to strengthen our emblem and demonstrate our group’s capability to triumph over demanding situations as we make a contribution to a excessive-profile task in one in all our center markets. Following the kickoff of our new 12 months with our a success IPO, we’re excited to tackle this agreement and keep to execute on our increase approach in 2019.” About MDJM Ltd Headquartered in Tianjin, China, MDJM Ltd (the “Company”) is an emerging, incorporated real property services organization in China. The Company offers primary actual property agency offerings to actual property developers which includes integrated marketing planning, advertising and marketing planning and method. The Company also gives real estate consulting services and independent schooling offerings on an as needed foundation. Currently, the Company’s primary marketplace is the Tianjin Autonomous Municipality and for the reason that 2014 the Company has accelerated its market presence to different towns including Chengdu, Suzhou, and Yangzhou. Through principal development corporations, Xishe and Xishe Xianglin, coupled with current center business, MDJM promotes the mixing of city and rural life-style services. For similarly statistics concerning the Company, please go to: http://ir.Mdjhchina.Com. Forward-Looking Statements This statement incorporates forward-searching statements within the which means of the secure harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of ancient reality in this announcement are ahead-looking statements, which includes but no longer restricted to, the Company’s proposed IPO. These ahead-looking statements involve known and unknown risks and uncertainties and are based on modern expectancies and projections approximately destiny activities and financial trends that the Company believes may additionally have an effect on its financial condition, consequences of operations, commercial enterprise strategy and financial wishes, inclusive of the expectation that the IPO might be effectively finished. Investors can become aware of these forward-searching statements by phrases or terms inclusive of “might also,” “will,” “count on,” “assume,” “purpose,” “estimate,” “intend,” “plan,” “trust,” “capacity,” “maintain,” “is/are probable to” or different comparable expressions. The Company undertakes no obligation to update ahead-searching statements to reflect subsequent going on activities or situations, or modifications in its expectations, except as can be required through regulation. Although the Company believes that the expectancies expressed in those forward-looking statements are reasonable, it can’t assure you that such expectations will emerge as accurate, and the Company cautions investors that actual results may additionally fluctuate materially from the anticipated effects and encourages traders to study other factors which could have an effect on its destiny outcomes within the Company’s registration declaration and in its different filings with the Securities and Exchange Commission.
