MDJM Received the Shortlisted Notice of a Sales Agency Service Project Bidding
MDJM LTD (Nasdaq: MDJH) has been shortlisted by Tianjin Infrastructure Investment Group for a sales agency services project in Zhangguizhuang District, Tianjin. The company is one of only two finalists from six bidders and is currently finalizing the sales agency agreement. Tianjin Infrastructure Investment Group, a state-owned enterprise, manages significant urban infrastructure projects across 563 hectares in Tianjin. This opportunity marks a significant collaborative step for MDJM as it strengthens its presence in the real estate sector of Tianjin.
- MDJM was shortlisted for a key sales agency project in Tianjin, enhancing its business prospects.
- Collaboration with Tianjin Infrastructure Investment Group supports MDJM's growth strategy in urban infrastructure.
- None.
TIANJIN, China, April 7, 2021 /PRNewswire/ -- MDJM LTD (Nasdaq: MDJH) (the "Company" or "MDJH"), an integrated real estate services company in China, announced today that it received a shortlisted notice from Tianjin Infrastructure Investment Group, for a sales agency services project for the construction program located in Zhangguizhuang District, Tianjin, China. Only two out of six companies that participated in the bidding were shortlisted and the Company is currently in the process of signing the sales agency agreement with Tianjin Infrastructure Investment Group. Tianjin Infrastructure Investment Group, a state-owned enterprise specializing in financing, investment, construction and operation of major urban infrastructure, has a wide range of land parcels in the urban area, ring and outer suburbs of Tianjin with a total of 17 projects covering 563 hectares of lands available for sale.
"MDJH has been adhering to an efficient management model, and we have been recognized by Tianjin Infrastructure Investment Group, the leading real estate company in Tianjin, which lays a solid foundation for the future cooperation between the two parties. We are excited about this cooperation with Tianjin Infrastructure Investment Group." said Mr. Siping Xu, Chairman and Chief Executive Officer of MDJH.
About MDJM LTD
With branch offices in Tianjin, Chengdu, Suzhou, and Yangzhou, China, MDJH provides primary real estate agency services to real estate developer clients, as well as as-needed real estate consulting and independent training services. The Company also provides tourism development services, including real estate marketing and planning services, real estate agency services, and advertisement planning services. For more information regarding the Company, please visit: http://ir.mdjhchina.com.
About Tianjin Infrastructure Investment Group
Established in 2004 with the direct approval of Tianjin Municipal Government, Tianjin Infrastructure Investment Group is a wholly state-owned enterprise, specializing in financing, investment, construction and operation of major urban infrastructure. It raises funds for urban construction through cultivating listed companies, issuing corporate bonds and attracting strategic investors, and operates urban construction assets with concessions granted by the government. More information can be found at: https://www.tj-chengtou.com/.
Forward-Looking Statements
This announcement contains forward-looking statements. All statements other than statements of historical fact in this announcement are forward-looking statements. 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. In addition, there is uncertainty about the further spread of the COVID-19 virus or the occurrence of another wave of cases and the impact it may have on the Company's operations. 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 and encourages investors to review other factors that may affect its future results in the Company's annual report on Form 20-F and in its other filings with the Securities and Exchange Commission.
Investor Contact:
Sherry Zheng
Weitian Group LLC
Email: shunyu.zheng@weitian-ir.com
Phone: +1 718-213-7386
View original content:http://www.prnewswire.com/news-releases/mdjm-received-the-shortlisted-notice-of-a-sales-agency-service-project-bidding-301263607.html
SOURCE MDJM LTD
FAQ
What project did MDJM LTD get shortlisted for?
How many companies participated in the bidding for MDJM's project?
What is the significance of the project for MDJM LTD?
What region is this project located in?
What is the stock symbol for MDJM LTD?
