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Seven Stars Cloud Announces Technology Licensing Agreement for its Red Coin Chain Securitization Platform
· Non-exclusive licensing agreement will be specifically for real estate securitization usage
七星云集团 宣布其 红色现金链证券化平台技术许可协议
· 非独家许可协议将专门用于房地产的证券化
New York, NY, October 23, 2017 – Seven Stars Cloud Group, Inc.(NASDAQ: SSC) (“SSC” or the “Company”), today announced anon-exclusive agreement to license the technology platform from its Red Coin Chain JV (https://www.prnewswire.com/news-releases/seven-stars-cloud-announces-new-jv-red-coin-chain-ltd-300505339.html).
2017年10月23日 – 七星云集团, Inc. (纳斯达克股票代码: SSC) (“SSC” 或“公司”), 今日在纽约宣布和其技术平台红色现金链达成非独家许可协议(https://www.prnewswire.com/news-releases/seven-stars-cloud-announces-new-jv-red-coin-chain-ltd-300505339.html).
Guangxi Dragon Coin NetworkTechnology Co., Ltd, (“the Licensee”), a subsidiary of Courage Investment Group Ltd (1145.HK), will be granted a non-exclusive license from SSC and the Red Coin Chain JV (“Red Coin”), to use Red Coin’s technology platform specicifally and exclusively for real estate based securitization.
广西龙币科技有限公司（“被许可方”） 为勇利投资集团有限公司 (1145.HK)的一个子公司, 将获得SSC和红色现金链JV (“Red Coin”)的非独家许可，使用Red Coin的技术平台专门用于，且只能用于基于房地产的证券化。
In exchange and in consideration for, the non-exclusinve rights to the technology, SSC will receive 17.9% of the existing total equity of Courage Investment Group Limited which is the Licensee’s HK listed parent company. 17.9% of Courage Investment Group’s shares are valued at approximately HK$ 151 million, based on a recent closing price trading price of HK$ 1.76. That pegs the shares at a value of approximately $18.5 milllion as of the date of this announcement.
以技术的非独家使用权作为交换，SSC将获得被许可方的香港上市母公司勇利投资集团有限公司现有股权的17.9%。根据收盘交易价1.76港币来算，勇利投资集团有限公司的17.9%股份估值约为1.51亿港币。本声明签发日时该份额价值约为1850万港币。
About Seven Stars Cloud Group, Inc. (http://corporate.sevenstarscloud.com/)
关于七星云集团, Inc.
(http://corporate.sevenstarscloud.com/)
Seven Stars Cloud Group, Inc. (NASDAQ: SSC) is aiming to be a leading Intelligent Industrial Internet (3I) platform, creating a artificial intelligent & fintech-powered, supply chain solution for commercial enterprises. There are 2 Engines that drive our business platform: 1. VPaaS + TPaaS - Supply Chain Management for key industry sectors and leaders including but not limited to Big Commodities, Cross-Border Trade, Consumer Electronics & Energy; 2. Digital Finance Solutions - Supply Chain Finance underwritten by our Global Cornerstone Funds and ABS, Tokenization and Exchange Platforms, which include FINRA and SEC-regulated: Index Exchanges, Initial CoinOffering / Tokenization, ETFs and Derivatives. Both Engines and their various arms will run on 'BASE' technology and infrastructure (Blockchain, Artificial Intelligence, Supply Chain & Exchanges) to power a closed trade ecosystem for buyers and sellers designed to eliminate transactional middlemen and create a more direct and margin-expanding path for principals.
七星云集团, Inc. (纳斯达克股票代码:SSC)的目标是成为智能行业网络(3I)平台的领导者，为商业企业创建一个人工智能和金融技术支持的供应链解决方案。有两个引擎来支持我们的商业平台：1. VPaaS+TPaaS-主要行业部门和领导者的供应链管理，包括但不仅限于大型商品，跨境交易，消费电子和能源；2.数字化金融解决方案-供应链金融由我们的全球基石基金和ABS，代币化和交易平台承销，其中包括FINRA和受监管的SEC：指数交易，代币化，初始代币发行/代币化,ETFs和衍生工具。两个引擎和其他工具都将运行“基本”技术和基础设施（区块链、人工智能、供应链&交易所）来为买卖各方建立的一个贸易闭合生态提供动力， 该生态旨在为大多数参与方消除交易中间商并创造一个更加直接和盈利的途径。
Safe Harbor Statement
安全港声明
This press release contains certain statements that may include "forward looking statements." All statements other than statements of historical fact included herein are "forward-looking statements." These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). 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.
这个新闻稿包含了确定性的陈述，其中包括“前瞻性声明”。除了历史事实的陈述外，所有声明在此成为“前瞻性声明”。此前瞻性陈述通常使用诸如“相信”，“期待”等类似的前瞻性术语来表达，涉及到已知和未知的风险和不确定性。尽管公司相信在此声明反映出来的期望是有原因的，但确实包含了假设，风险和不确定性，而且这些期望可能会被证明是不正确的。您不能过于依赖此前瞻性声明，这些声明仅在本新闻稿发布之日才会发表。由于各种因素，本公司的实际业绩可能与这些前瞻性陈述中预期的结果大不相同，包括本公司定期备案给证券交易委员会的报告，在网址（http://sec.gov）也可以查看。归属于本公司或代表其行事的所有前瞻性陈述均以这些因素全部符合限定条件。除了证券法律规定以外，本公司不承担更新此前瞻性声明的义务。
CONTACT:
联系：
Jason Finkelstein
杰森芬克尔斯坦
VP, Investor Relations
投资者关系副总裁
Seven Stars Cloud Group, Inc.
七星云集团, Inc.
212-206-1216
