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Glory Star to Report Full Year 2021 Financial Results on Tuesday, March 8, 2022

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Glory Star New Media Group Holdings Limited (NASDAQ: GSMG) is set to announce its full year 2021 financial results on March 8, 2022, prior to the U.S. market opening. The Company has established a digital media platform and e-commerce ecosystem in China, integrating blockchain technologies, AI, and AR/VR to innovate in the metaverse space. The earnings report will be accessible via their investor relations website.

Positive
  • Integration of cutting-edge technologies like blockchain, AI, AR, and VR.
  • Development of metaverse applications enhancing user engagement.
  • Strong positioning in the digital media and e-commerce sectors.
Negative
  • None.

BEIJING, Feb. 22, 2022 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star" or the "Company") (NASDAQ: GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that it will release its financial results for the full year of 2021 ended December 31, 2021, before the U.S. market opens on Tuesday, March 8, 2022. The earnings release will be available on the Company's investor relations website at http://ir.gsmg.co/.

About Glory Star

Since its establishment in 2016, Glory Star has been laser focused on developing an ecosystem for its users that incorporates quality content, e-commerce, social networking, and gaming. The Company continues to integrate its cutting edge blockchain technologies, massive user base from its CHEERS ecosystem, quality content offerings, and its well-established e-commerce platform, and through the right application of 5G, AI, AR and VR technologies to develop a metaverse boasting a wide range of "online + offline" and "virtual + reality" scenarios. Glory Star's CHEERS Video and e-Mall platforms provide a solid foundation for it to rapidly develop different entertainment and shopping applications for the metaverse. Glory Star also provides a suite of tools for its users to facilitate the development of new content by creators. The Company is remaining at the forefront of disrupting the way new media and e-commerce is operated. For more information, please visit http://ir.gsmg.co/.

Safe Harbor Statement

Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; and other factors listed in the Company's Annual Report on including the Company's Annual Report on Form 20-F filed with the SEC on March 29, 2021, as amended, and in other filings made by the Company with the Securities and Exchange Commission from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

For investor and media inquiries, please contact:

Investor Relations
Glory Star New Media Group Holdings Limited
Yida Ye
Email: yeyida@yaoshixinghui.com

Ascent Investor Relations LLC
Tina Xiao
Tel: +1 917 609 0333

Email: tina.xiao@ascent-ir.com

Cision View original content:https://www.prnewswire.com/news-releases/glory-star-to-report-full-year-2021-financial-results-on-tuesday-march-8-2022-301487252.html

SOURCE Glory Star New Media Group Holdings Limited

FAQ

When will Glory Star report its 2021 financial results?

Glory Star will release its 2021 financial results on March 8, 2022.

What is the significance of Glory Star's metaverse development?

The metaverse development integrates various technologies to enhance user engagement and potentially increase revenue streams.

How can I access Glory Star's financial results?

The financial results will be available on Glory Star's investor relations website.

What technologies is Glory Star using to enhance its e-commerce platform?

Glory Star is leveraging blockchain, AI, AR, and VR technologies to innovate its e-commerce platform.

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