Media OutReach Newswire

2024-08-09 14:00

Value Exchange International, Inc. Provides Business Update and Initiates the Process of Up-Listing to a National Securities Exchange

HONG KONG SAR - Media OutReach Newswire - 9 August 2024 - Value Exchange International, Inc. (OTCQB: VEII) ("VEII" or the "Company") announced today recent efforts to achieve VEII's strategic vision for the future and deliver value for our shareholders and business partners.

National Securities Exchange Listing Upgrade Plans
VEII has initiated the process of uplisting our Common Stock from OTC QB Venture Market to listing on a national securities exchange. The Company believes an uplisting would provide greater access to capital, increased liquidity for the Common Stock and a stronger capital market platform for strategic growth and innovation.

Business Updates
VEII has spearheaded the installation of Electronic Shelf Labels ("ESL") systems in retail stores across Malaysia, Thailand, the Philippines, and Hong Kong. We have expanded our esteemed clientele base with orders for two stores set to be deployed in August in the Philippines. Looking ahead, VEII is exploring opportunities to deploy our ESL technology in the EU, reflecting our commitment to global growth.

Innovative Product and Service Developments
In line with our expanding ESL business, VEII is addressing the retail industry's need for instant paper price tag changes. Our ESL Manager App now integrates with mobile printing technology, enabling on-the-spot, instant printing of paper price tags. This innovation is set to significantly increase our service coverage across global chain stores, which are yet to be considered for ESL deployment.

Furthermore, in the month of July, VEII has introduced a new 4-color ESL that is being deployed in stores in Johor Bahru, Malaysia and has gotten maiden orders of Android TV Box placed by a renowned electronics retail chain in Hong Kong.


Hashtag: #VEII

發佈者對本公告的內容承擔全部責任

About Value Exchange

VEII is a U.S. holding company headquartered in Hong Kong, with offices in Shenzhen, Guangzhou, Shanghai, and Beijing China, Manila and Kuala Lumpur. The Company provides integrating, market- leading Point-of-Sale/Point-of-Interaction (POS/POI), Merchandising, CRM & Reward, Locational Based (GPS & Indoor Positioning System (IPS)) Marketing, Customer Analytics, and Business Intelligence solutions. Company's retail POS solutions process tens of millions of transactions per year at approximately 20,000 retail outlets in Asia.

For more information, please visit: . Contents of URL are not incorporated herein.

Forward-looking Statements: This press release may contain forward-looking statements regarding Value Exchange International, Inc. and its operating subsidiaries (collectively, the "Company") within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact included herein are "forward-looking statements" including statements regarding: prospects of future growth from expansion of business efforts (like ESL) or of actually achieving an uplisting of the Common Stock to a national securities exchange; the likelihood that the Company will continue to deliver and financially benefit from its core information technology services business; the financial outlook of the Company; the general ability of the Company to achieve its commercial objectives, including the focus on higher profit work, to operate as a going concern and fund essential working capital needs in a timely manner; ability to attain and maintain adequate internal controls and systems necessary to timely file required reports; ability of Company to find affordable, adequate funding for any future expansion of Company's business and markets; ability of Company to properly manage and integrate any future acquisitions or manage any expanded operations; and any other statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," "hopes," "anticipates," "excited," "seeks," "should," "could," "intends," or "projects" or similar and variant expressions and involve known and unknown risks and uncertainties. These statements are based upon the Company's current expectations and speak only as of the date hereof. The Company's actual results in any endeavor may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, which factors or uncertainties may be beyond our ability to foresee or control. Other risk factors include the status of the Company's common stock as a "penny stock" and status as a smaller reporting company as well as those listed in Company's Form 10-K Annual Report for the fiscal quarter ended December 31, 2023, Form 10-Q quarterly report for the quarter ended March 31, 2024 and other reports posted on The OTC Markets Group, Inc. website and filed with the Securities and Exchange Commission, which can be viewed at www.sec.gov.

source: Value Exchange International

【你點睇?】特朗普當局擬關閉美國國家民主基金會,你認為若其關閉是否可促進全球和平穩定?► 立即投票

人氣文章
最近7天
1
港股 | 蕭猷華:內地AI發展迅速,阿里巴巴股價看俏
2
高息定存 | 一周高息合集,銀行高息搶存,富邦1個月4.88厘,華僑1年期3.6厘
3
PapaHome淘寶家具實體店22日開幕,選址尖沙咀中港城,料創100個就業機會
4
高息定存 | 華僑銀行推新春港元定存優惠,88天或188天享3.68厘
5
英偉達 | DeepSeek衝擊AI晶片行業結構 英偉達暴跌仍未急抄底
6
高息定存 | 一周高息合集,蛇年定存金蛇起舞,1個月定存高達8厘
7
啟德體育園明天足球賽測試,4.4萬公僕參與涉逾400萬車馬費
8
電騙 | 黃俊碩:多管齊下,防治內地留學生受騙
9
環球央行 | 歐洲央行宣布再次減息0.25厘,符合市場預期
10
一本萬利 | 2025年的五個「勿」(有片)
11
易經看世界 | 乙巳蛇年趨吉五招:言行注意甚麼?應遠離甚麼人?(有片)
12
專訪 | 關稅戰 | 香港物流協會副會長梁庭彰:美物流商停收包裹對跨境電商打擊重大
13
高息定存 | 一周高息合集,減息預期降溫,銀行3個月最高5.68厘,6個月3.55厘
14
港股 | 午市前瞻 | iPhone SE難救中國市場 專家提醒比電已超買
15
【FOCUS】螺絲殼裏做道場,DeepSeek致勝啟示
16
大S | 台灣藝人徐熙媛因流感併發肺炎逝世,享年48歲
17
DeepSeek推出即上蘋果中國區榜首,能力直追OpenAI
18
【FOCUS】悟空、哪吒、DeepSeek,如何啟示香港
19
日入而息 | 習近平據報下周見科企領袖,證監會審視8券商孖展風控,大酒店轉蝕9億
20
收市短打 | 楊韻銳:港股升勢有成交配合 惟留意關鍵阻力位!
21
新世界 | 摩通:新世界若債務違約或打開行業「潘朵拉盒子」
22
港股 | 午市前瞻 | AI應用概念炒作有錢途 下階段部署邊隻好?
23
【FOCUS】侵侵呼籲全球「降息」,日銀祭18年最激進加息
24
彭博亞洲20大富裕家族,香港5大家族上榜,新地郭氏排名最高,無李嘉誠李兆基?
25
港股 | 蕭猷華:春節假後,恒指逐步上望21000點
26
高息定存 | 信銀國際12個月港元定存高達3.5厘
27
神州經脈 | 特朗普或與華討論關稅,人民幣大漲,滬指連升兩周
28
David Webb:因病情惡化,將有序結束個人財經網站
29
民營企業座談會 | 習近平在京出席民營企業座談會
30
AI | 蔡崇信確認阿里與蘋果合作,撰文談DeepSeek崛起帶來兩大啟示
專業版
HV2
精裝版
SV2
串流版
IQ 登入
強化版
TQ
強化版
MQ

etnet榮膺「第九屆傳媒轉型大獎」四大獎項

【限時優惠$68/月】申請etnet強化版MQ手機串流報價服務 捕捉板塊輪動,提高獲利勝算

etnet榮獲HKEX Awards 2023 「最佳證券數據供應商」大獎

2025-26年度財政預算案

大國博弈

貨幣攻略

說說心理話

Watch Trends 2024

北上食買玩

Art Month 2024

理財秘笈

流感高峰期

山今養生智慧

輕鬆護老