TIANJIN, China, April 26, 2021 /PRNewswire/ -- MDJM LTD
(Nasdaq: MDJH) (the "Company" or "MDJH"), an integrated real estate
services company in China,
announced today that it signed a marketing planning and sales
agency agreement (the "Agreement") with Tianjin Infrastructure
Investment Group ("Tianjin Infrastructure"), a state-owned
enterprise specializing in financing, investment, construction and
operation of major urban infrastructure. Pursuant to the Agreement,
the Company will provide nationwide marketing and sales services to
Tianjin Infrastructure's Zhangguizhuang residential construction
program in Dongli District, Tianjin (the "Program").
The Program is located near a major transportation route close
to subway stations, a high-speed rail line, and an airport. It is
positioned as a low-density boutique affordable luxury residential
with a total of 652 units available for sales. MDJH will work
closely with Tianjin Infrastructure for housing market analysis,
competition assessment, marketing and promotion, and sales staff
training. The Company will assist Tianjin Infrastructure in
establishing a sales management system, managing sales sites and
customer information, implementing sales transactions and
collections, and following up after sales.
"We are excited about this cooperation as our enterprise value
and business capacities are recognized by Tianjin Infrastructure,
the leading real estate company in Tianjin. We believe our experience in
marketing and sales will greatly assist Tianjin Infrastructure in
achieving record sales for the Zhanguizhuang residential program
and bring more cooperation opportunities in the future," said Mr.
Siping Xu, Chairman and Chief
Executive Officer of MDJH.
About MDJM LTD
With branch offices in Tianjin,
Chengdu, Suzhou, and Yangzhou,
China, MDJH provides primary real
estate agency services to real estate developer clients, as well as
as-needed real estate consulting and independent training services.
The Company also provides tourism development services, including
real estate marketing and planning services, real estate agency
services, and advertisement planning services. For more information
regarding the Company, please visit: http://ir.mdjhchina.com.
About Tianjin Infrastructure Investment Group
Established in 2004 with the direct approval of Tianjin
Municipal Government, Tianjin Infrastructure Investment Group is a
wholly state-owned enterprise, specializing in financing,
investment, construction and operation of major urban
infrastructure. It raises funds for urban construction through
cultivating listed companies, issuing corporate bonds and
attracting strategic investors, and operates urban construction
assets with concessions granted by the government. It has a wide
range of land parcels in the urban area, ring and outer suburbs of
Tianjin with a total of 17
projects covering 563 hectares of lands available for sale. More
information can be found at: https://www.tj-chengtou.com/.
Forward-Looking Statements
This announcement contains forward-looking statements. All
statements other than statements of historical fact in this
announcement are forward-looking statements. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on current expectations and projections about future
events and financial trends that the Company believes may affect
its financial condition, results of operations, business strategy
and financial needs. In addition, there is uncertainty about the
further spread of the COVID-19 virus or the occurrence of another
wave of cases and the impact it may have on the Company's
operations. Investors can identify these forward-looking statements
by words or phrases such as "may," "will," "expect," "anticipate,"
"aim," "estimate," "intend," "plan," "believe," "potential,"
"continue," "is/are likely to" or other similar expressions. The
Company undertakes no obligation to update forward-looking
statements to reflect subsequent occurring events or circumstances,
or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in
these forward-looking statements are reasonable, it cannot assure
you that such expectations will turn out to be correct, and the
Company cautions investors that actual results may differ
materially from the anticipated results and encourages investors to
review other factors that may affect its future results in the
Company's annual report on Form 20-F and in its other filings with
the Securities and Exchange Commission.
Investor Contact:
Sherry Zheng
Weitian Group LLC
Email: shunyu.zheng@weitian-ir.com
Phone: +1 718-213-7386
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SOURCE MDJM LTD