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Ucommune International Ltd. Strong REIT Asset Management Capability Central to Future Growth
12/08/2021

Ucommune International Ltd. Strong REIT Asset Management Capability Central to Future Growth

CBRE report validates UK’s Asset Management Capacity for REITs According to Ucommune’s press release on Aug. 12, 2021, CBRE Consulting China (“CBRE Consulting”) recently released a report titled “Ucommune Rental Evaluation and Joint Consultancy Services”.

14/07/2020

The Company entered into a securities purchase agreement with certain accredited investors to purchase approximately $1.5 million and $1.43 million worth of its ordinary shares in a registered direct offering and warrants in a concurrent private placement on March 31 and May 11, 2020, respectively.

2020H2 Business Outlook
The Company announced the plans for its online education platform - "Color Star" shortly following the acquisition of Color China. Concurrent with Color Star’s ongoing progress in developing proprietary online education platform, the Company plans to introduce professional music instructors onto this platform by hosting an online concert in the second half of 2020, when artists onboarding is expected to launch and student registration is also expected to open. The "Color Star" platform will feature proprietary classes by professional artists across the globe, as well as other related content generated by the celebrities. These lessons will contain both theoretical and practical components, aiming to provide students with solid fundamental skills and job opportunities in the entertainment industry. In addition to classes offering, the online platform will also serve as an e-commerce channel for commercialized celebrity IP products.
With the acquisition of Color China, the Company is confident in its long-term strategy and future success. Accordingly, the Company will announce onboarding artists and specific lessons offered, upon reaching cooperation agreements.

14/07/2020

Color Star Technology Co., Ltd.(Nasdaq CM: $HHT, the “Company”) is a holding company with primary business engaged in offering innovative education services in China, both online and offline. The Company’s business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. And through its joint venture entity Baytao LLC, the Company also plans to provide the after-school tutoring program in New York, as well as online music education via the branded "Color World" platform.
Aligned with its long term growth strategy, the Company acquired “Color China”, and changed its name from Huitao to Color Star Technology posted the completion of acquisition on June 3, 2020. Prior to the name change, the Company was also engaged in the businesses of producing advanced ready-mix concrete materials, whose disposition was completed on May 4, 2020, with the proceeds to be used for strategic business development in education services and technologies.
Post the acquisition, HHT is expected to be able to utilize all of Color China's assets in the entertainment industry to offer more features and benefits for its students. Given Color China's industry resources and expertise, this acquisition has proved critical to the Company’s initial development of proprietary online education platform - Color Star. More importantly, Color China's unique and abundant entertainment industry assets, as well as its network of renowned artists and professionals are expected to go a long way in planning the Company's future initiatives and long term strategy.

Stone Street Group released earnings quarterly update on TuanChe Limited (Nasdaq: $TC)
02/07/2020

Stone Street Group released earnings quarterly update on TuanChe Limited (Nasdaq: $TC)

Stone Street Group released earnings quarterly update on TuanChe Limited (Nasdaq: TC) ...

Stone Street Initiates Coverage on TuanChe (Nasdaq: TC)
15/04/2020

Stone Street Initiates Coverage on TuanChe (Nasdaq: TC)

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