Sharing Economy International, Inc. (“SEII” or “the Company”) (OTCQB: SEII) announced that the company started to trade on OTCQB on January 2, 2020.
“Upgrading to trade on OTCQB opens a new chapter for the company after we have gone through a series of company restructuring and re-planning during the past year,” said Parkson Yip, Vice President of SEII. “During the past year, SEII has been going through an extensive corporate restructuring both in company internal management, and also business development. Trading on OTCQB is a positive endorsement to what we have been doing to operate and maintain the company in good standing. Recently, we have completed the acquisition of the sharing economy marketplace platform ECrent.com, which will continue to lead on our efforts of developing sharing economy businesses. We believe changing from the manufacturing business into sharing economy and IT development will bring a better future value to the company and give the best benefits to our shareholders. The company will look into more opportunities to expand again in 2020.”