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Global Internet of People, Inc. Announces Strategic Partnership with China Policy Expert Database

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Global Internet of People, Inc. (SDH) announced a strategic partnership with China Policy Expert Database on January 14, 2021. This collaboration aims to offer various services to Chinese entrepreneurs, including policy interpretation and economic trend analysis. The Framework Agreement is valid for 24 months and focuses on joint project development, research projects, and 'one-on-one' policy consulting. CEO Hu Haiping emphasized the potential for innovative development and industrial upgrading through expert collaboration. This partnership positions SDH to enhance its service offerings in a growing market.

Positive
  • Entered a strategic partnership with China Policy Expert Database to enhance service offerings.
  • Aims to provide targeted services such as policy interpretation and economic analysis to Chinese entrepreneurs.
  • Agreement validity of 24 months allows for sustained collaboration on various projects.
Negative
  • None.

Beijing, China, March 10, 2021 (GLOBE NEWSWIRE) -- Global Internet of People, Inc. (“SDH” or the “Company”) (NASDAQ: SDH), an operator of a knowledge sharing and enterprise service platform via mobile application and through local centers in China, today announced that its subsidiary, Global Mentor Board (Hangzhou) Science and Technology Ltd. Co., has entered into a strategic partnership framework agreement (“Framework Agreement”) with China Policy Expert Database, a research institute owned by China Yan Shi Press, a state-owned publisher in China, on January 14, 2021. The strategic partnership aims to provide Chinese entrepreneurs with various services such as policy interpretation, economic trend analysis, strategic interpretation, and industrial research.

Pursuant to the Framework Agreement, which is valid for twenty four months, the two parties intend to jointly (1) develop and promote SDH’s certain projects, (2) undertake local government and enterprises-assigned research projects, and provide “one-on-one” policy consulting services to clients; (3) host conferences and seminars to promote economic and business development; and (4) hold study sessions on policy interpretation and analysis.  Fees and profit sharing arrangements relating to the specific projects and undertakings under the Framework Agreement will be determined by the parties via separate agreements. 

China Policy Expert Database is dedicated to creating an authoritative, comprehensive, and professional digital resources database for researching China’s economic development, and provides cutting edge consulting services on enterprise development and decision-making.

Mr. Hu Haiping, CEO and Chairman of the Company, commented: “China Policy Expert Database has a large number of experts in fields such as economic analysis, policy interpretation, industrial innovation, and so on. We will join forces with these experts from China Policy Expert Database to help promote local enterprises achieving innovative development, strategic transformation, industrial upgrading, and high-quality growth.”

About Global Internet of People, Inc.

Headquartered in Beijing and Shanghai, Global Internet of People, Inc. operates an online knowledge sharing and enterprise service platform, both online, via a mobile application “Shidonghui App” (the “APP”), and offline, through local offices in Beijing, Shanghai and Hangzhou, as well as 51 local centers operated by some of the Company’s members in 35 cities throughout the PRC. The main services SDH offers to App users are (1) Questions and Answers Sessions and (2) streaming of audio and video courses and programs. The offline services SDH offers to its members are study tours and forums. For more information about the Company, please visit: www.sdh365.com.

Forward-looking statement

The statements in this press release regarding the Company's future expectations, plans and prospects constitute forward-looking statements as defined by Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements about plans, goals, objectives, strategies, future events, expected results, assumptions and any other factual statements that have not occurred. Any words that refer to "may", "will", "want", "should", "believe", "expect", "expect", "estimate", "estimate" or similar non-factual words, shall be regarded as forward-looking statements. Due to various factors, the actual results may differ materially from the historical results or the contents expressed in these forward-looking statements. These factors include, but are not limited to, the company's strategic objectives, the Company's future plans, market demand and user acceptance of the Company's products or services, technological updates, economic trends, the Company's reputation and brand, the impact of industry competition and bidding, relevant policies and regulations, the ups and downs of China's macroeconomic conditions, and the related risks and assumptions disclosed in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC")We urge investors to visit the SEC website to review the Company's relevant disclosures that may affect the Company's future operating results. All information provided in this press release is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statements, except as may be required under applicable law.

For more information, please contact:

The Company:
IR Department
Email: IR@sdh365.com

Investor Relations:
Janice Wang   
EverGreen Consulting Inc.
Email: IR@changqingconsulting.com
Phone: +1 571-464-9470 (from U.S.)

+86 13811768559 (from China)


FAQ

What is the significance of the partnership between SDH and China Policy Expert Database?

The partnership aims to enhance SDH's services for Chinese entrepreneurs, offering policy consulting and economic analysis.

When was the Framework Agreement signed between SDH and China Policy Expert Database?

The Framework Agreement was signed on January 14, 2021.

How long will the partnership between SDH and China Policy Expert Database last?

The partnership is valid for 24 months.

What services will SDH provide through the partnership with China Policy Expert Database?

SDH will provide policy interpretation, economic trend analysis, and strategic consulting services.

What are the future plans of SDH according to the recent press release?

SDH plans to develop joint projects and undertake local government research as part of the partnership.

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