Asiabrand, An Asian brand valuation agent, Issued A 2022 Brand Value Report of ZW Data Action Technologies
04 Novembre 2022 - 12:30PM
ZW Data Action Technologies, Inc. (Nasdaq: CNET) ("ZW Data" or the
"Company"), an integrated online advertising, precision marketing,
data analytics, and other value-added services company, today
announced that Asiabrand Group, an Asian brand valuation
institution, released the 2022 Brand Value Report of ZW Data Action
Technologies (the “Report”) on its website and WeChat Public
Platform after a three-month period of special research and
assessment. According to the Report, the Company’s overall brand
valued at $364million, with potential for brand value appreciation.
Asiabrand is the first brand value evaluation
institution that has been recognized as "National High-tech
Enterprise" and "Zhongguancun High-tech Enterprise”, and is
composed of domestic and international well-known industry experts,
scholars and professionals who have organized and developed the
ABAS Asia Brand Evaluation System, one of the most authoritative
influential brand research and evaluation expert think tanks.
Asiabrand has released the Top 500 Asian Brands list for ten
consecutive years, and has provided brand value services for 15,000
well-known companies such as Chow Tai Fook and Wuliangye.
Asiabrand conducted an in-depth brand value
assessment, research and analysis of the Company from eight primary
indicators and fifty-six secondary indicators. Asiabrand
comprehensively assessed the brand scale, brand premium and brand
strength coefficient of the Company from various dimensions,
including but not limited to, market value, revenue, total profit,
profitability and domestic and international market awareness,
which were calculated based on professional assessment models and
finally evaluated by an expert review panel. The expert review
panel is composed of many well-known experts domestically and
internationally, including but not limited to, the former Managing
Director of JP Morgan Asia Pacific, the Chairman of China
Investment Bank, and the former Director of the Information Office
of Beijing Municipal People's Government.
The evaluation method of the Report is based on
Asiabrand’s Brand Value Evaluation 3.0 Qualitative + Quantitative
model. Through the accurate measurement and relevant analysis of
corporate brand assets and brand assets efficacy, the brand value
calculation results are closer to the market value, providing a
scientific and objective reference for government management,
investment and financing, enterprise resource allocation and brand
management. According to the Report, in combination with financial
indicators, the linear relationship of key indicators of the
Company is relatively stable, indicating that the Company is in a
virtuous cycle of development. In addition, the Company had
transformed from an advertising service provider to a data-driven
operation service company and launched the “Blockchain + Investment
Franchise” model. The Company has developed its own cloud
computing, big data and blockchain technologies while actively
seeking multiple platform partners such as Tencent Guangdiantong,
Baidu and ByteJump, resulting in a brand development potential
estimated at approximately $270 million. In consideration of the
future expectations of the Company’s brand and the assessment
framework for publicly listed companies, the Company’s overall
brand valued at approximately $364 million.
“We are excited to announce this Report as this
evaluation fully demonstrates the affirmation and recognition of
our brand development and value from the markets and industries. ZW
Data has been deeply involved in the franchise industry for nearly
20 years, and is advancing to the area of blockchain and big data.
We are committed to the integration of technology and enterprise
value chain growth, enabling enterprises to upgrade from the
Internet to the Smart Network, connecting the upstream and
downstream of the industry chain, assisting small and medium-sized
enterprises to achieve capital increase and expansion, and
promoting the process of digital development for enterprises,”
commented Handong Cheng, Chairman and Chief Executive Officer of ZW
Data.
About ZW Data Action Technologies
Inc.
Established in 2003 and headquartered in
Beijing, China, ZW Data Action Technologies Inc. (the “Company”)
offers online advertising, precision marketing, data analytics and
other value-added services for enterprise clients. Leveraging its
fully integrated services platform, proprietary database, and
cutting-edge algorithms, ZW Data Action Technologies delivers
customized, result-driven business solutions for small and
medium-sized enterprise clients in China. The Company also develops
blockchain and artificial intelligence enabled web/mobile
applications and software solutions for the general public,
enterprise clients, and government agencies. More information about
the Company can be found at: http://www.zdat.com/.
Safe Harbor Statement
This release contains certain "forward-looking
statements" relating to the business of ZW Data Action
Technologies Inc., which can be identified by the use of
forward-looking terminology such as "believes," "expects,"
"anticipates," "estimates" or similar expressions. Such
forward-looking statements involve known and unknown risks and
uncertainties, including business uncertainties relating to
government regulation of our industry, market demand, reliance on
key personnel, future capital requirements, competition in general
and other factors that may cause actual results to be materially
different from those described herein as anticipated, believed,
estimated or expected. Certain of these risks and uncertainties are
or will be described in greater detail in our filings with the
Securities and Exchange Commission. These forward-looking
statements are based on ZW Data Action
Technologies Inc.’s current expectations and beliefs
concerning future developments and their potential effects on the
Company. There can be no assurance that future developments
affecting ZW Data Action Technologies Inc. will be those
anticipated by ZW Data Action Technologies Inc.. These
forward-looking statements involve a number of risks, uncertainties
(some of which are beyond the control of the Company) or other
assumptions that may cause actual results or performance to be
materially different from those expressed or implied by such
forward-looking statements. ZW Data Action Technologies
Inc. undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required under
applicable securities laws.
For more information, please
contact:
Sherry
Zheng Weitian Group
LLCEmail: shunyu.zheng@weitian-ir.comPhone: +1 718-213-7386
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