Business
Sharing Economy International Issued Letter to Shareholders
Sharing Economy International Issued Letter to Shareholders.
About this update from Sharing Economy International Inc.
[{"type":"text","content":"\n\n\n\nSharing Economy International Issued Letter to Shareholders\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nSharing Economy International Issued Letter to Shareholders\nPR Newswire\nHONG KONG, Sept. 29, 2020\n\n\n\nHONG KONG, Sept. 29, 2020 /PRNewswire/ -- Sharing Economy International Inc. (\"SEII\" or \"the Company\") (OTCQB: SEII) today issued a letter to shareholders:\nDear Shareholders,\nOn behalf of the board of directors of Sharing Economy International Inc. (\"SEII\"), I would like to report to you the recent business development of the Group. For many industries around the world, 2020 is a year full of changes and challenges, and we are no exception. We transformed our business to developing and marketing sharing economy solutions globally at the beginning of the year, and we and spared no effort to consolidate our business to lay a solid foundation for future development. \nGlobal warming and the various natural disasters that have emerged in recent years have aroused global attention to environmental issues. In addition, the covid-19 epidemic this year has impacted the global economy, business activities, and daily lives of individuals. People's attention to environmental protection and changes in consumption patterns drive the market demand in environmentally friendly consumption industries that allow individuals and groups to make money from underused assets. \n\"Sharing Economy\", an economic model defined as a peer-to-peer based activity of acquiring, providing, or sharing access to idle assets and services, or to facilitate collaboration, is not a new concept. Communities of people have shared the use of assets for thousands of years. The newly added element is the advent of the internet and technology that has made it easier for asset owners and those seeking to use those assets to find each other. \nThe United Nations began to promote the \"3R concept\" (i.e. Reduce, Reuse and Recycle) two decades ago, and on top of that, SEII now introduces a fourth R, namely Rent. SEII focuses on the sharing economy business, with the mission of changing ...