ZHUHAI, China, Oct. 7, 2021 /PRNewswire/ -- Powerbridge
Technologies Co., Ltd. (Nasdaq: PBTS) ("Powerbridge" or the
"Company"), a SaaS solutions and Blockchain applications provider,
today announced the appointment of Sean X.
Wang as General Manager and Chief Technology Officer of
Powercrypto Holdings ("Powercrypto"), a subsidiary of Powerbridge.
Mr. Wang, a blockchain expert, will lead the operations and
technology development of Powercrypto's crypto mining business.
Mr. Wang has wide-ranging expertise in the fields of crypto
mining and digital assets operations, having managed and operated
mining fleets with nearly forty thousand Bitcoin and Ethereum
mining rigs. He has extensive business relationships in the global
blockchain field with his projects having received investments and
recognition from well-known blockchain focused venture capitals
such as Yuanyi Jiuding Investment, J-Lab, Meta Concept and seasoned
blockchain experts such as Shisheng
Li, Yitian Xu, Yi Xia and
Jian Sun.
Stewart Lor, President of
Powerbridge commented: "We are thrilled to have Mr. Wang on board,
as he is the right candidate to lead Powercrypto through its
development and into operations. His deep expertise and
relationships in collaborating with others in the cryptocurrency
industry gives us huge confidence in his ability to lead
Powercrypto. We look forward to expanding on our global crypto
mining and digital assets business, as well as increasing our BTC
and ETH computing power".
Mr. Wang, who graduated from Capital
University of Economics and Business, is an operational and
technology expert in the blockchain field. His previous work
experience includes titles such as Project Manager of Blogchina.com
and Ku6.com, Project Director of Google Music, and General Manager
of Touna Fintech Beijing. In 2015, Mr. Wang started his own
business and successively received investments from Fenghou Capital
and Taoshi Capital. In 2017, he founded Zhengyu Blockchain
Technology.
About Powerbridge Technologies
Powerbridge Technologies Co., Ltd., a growth-driven technology
company is primarily engaged in SaaS solutions and Blockchain
applications. Powerbridge SaaS integrates AI, Big data, and IoT
offering SaaS platforms for cross-border eCommerce, supply chain,
data intelligence, and IoT applications and devices. Powerbridge
Blockchain consists of BTC and ETH mining and digital assets, IPFS
distributed network services, and industry-specific Blockchain
applications. For more information, visit
www.powerbridge.com/ir.
Safe Harbor Statement
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, as
well as underlying assumptions and other statements that are other
than statements of historical facts. When the Company uses words
such as "may, "will,
"intend," "should," "believe," "expect," "anticipate," "project," "estimate" or
similar expressions that do not relate solely to historical
matters, it is making forward-looking statements; specifically, the
Company's statements regarding listing on the NASDAQ Capital Market
and the IPO are forward-looking statements. Forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company's goals and strategies; the
Company's future business development; product and service demand
and acceptance; changes in technology; economic conditions;
reputation and brand; the impact of competition and pricing;
government regulations; fluctuations in general economic and
business conditions in China and
assumptions underlying or related to any of the foregoing and other
risks contained in reports filed by the Company with the SEC. For
these reasons, among others, investors are cautioned not to place
undue reliance upon any forward-looking statements in this
press release. Additional factors are discussed in the Company's
filings with the SEC, which are available for review at
www.sec.gov. The Company undertakes no obligation to publicly
revise these forward-looking statements to reflect events or
circumstances that arise after the date hereof.
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SOURCE Powerbridge Technologies