SHENZHEN, China, Dec. 22, 2017 /PRNewswire/ -- Asia Equity Exchange Group, Inc. (OTC: AEEX) (or the "Company"), a leading equity investment and financial information services provider in Asia, announced today that on December 17, 2017, the Company hosted a media event at the Hilton Shenzhen Futian, announcing the successful financing of $15 million USD for a private placement deal.
The event included roundtable forums, keynote speeches and a number of dynamic presentations. The AEEX management team and guest speakers examined the evolution of the private placement process and discussed how Chinese SMEs (small and medium sized enterprises) can develop quicker and more effective methods to operate in capital markets. Attendees included Mr. Jinsheng Guan, known as "the Godfather of Chinese Securities", Mr. Jinlin Yang, a famous media industry leader in China, as well as representatives of many well-known institutions and companies, such as the Shenzhen Economic Chamber of Commerce.
Mr. Jun Liu, Chief Executive Officer of Asian Equity Exchange Group Co., Ltd, a wholly-owned subsidiary of AEEX, made a keynote speech explaining trends in overseas listing and financing. "There are extensive opportunities in overseas capital markets and Chinese entrepreneurs should take the initiative to explore them. International financing and listing on exchanges abroad are among the best choices for Chinese SMEs." Mr. Liu stated.
Mr. Yanru Zhou from ENO Investment Co., Ltd., whose investment initiated the event, spoke highly of the AEEX's platform. He believes that the capital he invested will help AEEX rapidly develop.
Mr. Jinsheng Guan highly praised AEEX throughout his speech. He stated "AEEX has an international incubation platform for quasi-public corporations, providing multiple channels for registered member companies of AEEX to raise equity financing domestically and overseas, as well as offering overseas listing services."
Mr. Xiangyu Wang, Chairman of AEEX stated, "The biggest advantage for Chinese enterprises registered on the AEEx service platform is to further align themselves with international standards, allowing the international community to have a better understanding of the operations of Chinese enterprises. This will in turn broaden the channels for foreign investment participation in China. Listing overseas is not only a means of financing, but also a good opportunity to improve the corporate governance structure."
About Asia Equity Exchange Group, Inc.
Asia Equity Exchange Group, Inc. (AEEX) has been a U.S. publicly traded company since November 2013 and has demonstrated strict compliance with SEC regulations. The Company specializes in providing Asia-based companies entering into international capital markets with comprehensive consulting services. The Company's fully-owned subsidiary Asia Securities Exchange Group Ltd. operates the AEEx integrated services platform, offering exclusive membership options for select clients, providing members with international standardized, transparent and systematic information disclosure and exchange services. AEEX enables members to obtain the resources necessary to become publicly traded companies on major international stock exchanges. AEEX provides member companies with multi-faceted and fully compliant international listing services. Our comprehensive consulting services also include assisting clients to commission top-tier third-party professional service providers, (e.g. law firms, financial auditors, valuation firms etc.) required for international listing. For more information, please visit http://www.asiaotcmarkets.com.
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's business strategies and initiatives as well as the Company's business plans; the Company's future business development, results of operations and financial condition; expected changes in the Company's revenue and certain cost or expense items; trends and competition in the industry in China; general economic and business conditions in China; and other risks detailed in the Company's filings with the Securities and Exchange Commission. 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. 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.
SOURCE Asia Equity Exchange Group, Inc.