Business
TMSR Holding Company Limited Announces Name and Symbol Change
NEW YORK, May 20, 2020 /PRNewswire/ -- TMSR Holding Company Limited (the "Company") (NASDAQ: TMSR), an eco-technology company, today announced that effective
About this update from Gd Culture Group Limited
[{"type":"text","content":"NEW YORK, May 20, 2020 /PRNewswire/ -- TMSR Holding Company Limited (the \"Company\") (NASDAQ: TMSR), an eco-technology company, today announced that effective May 18, 2020, the Company has changed name to \"Code Chain New Continent Limited.\" On the same day, the Company has also changed its trading symbol and started trading under \"CCNC\".\n\"We are excited to begin the next chapter of our business growth,\" commented Dr. Wei Xu, Co-Chairman of the Company, \"we believe the latest and symbol change, along with the addition of our latest code chain related business, will provide a solid foundation for our business expansion. We look forward to continuing add value for our shareholders.\"\nAbout Code Chain New Continent Limited\nFounded in 2009, TMSR Holding Company Limited engages in the research, development, and sale of solid waste recycling systems for the mining and industrial sectors, the wholesale and sale of fuel materials, harbor cargo handling services and production and sales of coating materials in the PRC. It provides end-users in these markets with a clean alternative to traditional waste disposal by significantly reducing solid waste discharge into the environment and enabling such users to extract value from valuable metals and other industrial waste materials. Upon completion of Sichuan Wuge Network Games Co., Ltd. (\"Wuge\"), the Company has also diversified its business. Wuge was established in 2019 and is still in this early developing stage. Wuge produced electronic tokens that combine the five-W elements (when, where, who, why, what), geographic location via the Beidou satellite system and identity information using Code Chain technology. The electronic tokens are unique, tradable, and inheritable digital assets and cannot be tampered. The electronic tokens are based on and stored in the Code Chain system and can be used to monitor and document all kinds of consumer behaviors that involve code-scanning.\nFor more information about TMSR, please visit www.tmsrholding.com. \nSafe Harbor Statements\nThis press release contains \"forward-looking statements\" within the meaning of the Private Securities Litigation Reform Act of 1995, including certain plans, expectations, goals, and projections, which are subject to numerous assumptions, risks, and uncertainties. These forward-looking statements may include, but...