LETHAM, Scotland, Aug. 28,
2024 /PRNewswire/ -- MDJM LTD (Nasdaq: MDJH) (the "Company"
or "MDJM"), an integrated global culture-driven asset management
company, today announced the appointment of William Bo Wang as a board member and Director
of its wholly owned subsidiary, MANSIONS CATERING AND HOTEL LTD
("Mansions"), a United Kingdom
company. Mr. Wang's extensive background in education is expected
to further MDJM's commitment to expanding its cultural business
development through educational activities and projects, while
enhancing its presence in the UK market.
Mr. Wang brings a wealth of experience from the education and
cultural exchange sectors. Over the years, he has built strong
networks and expertise in working with UK schools, colleges,
universities, and educational institutions, gaining a deep
understanding of both the UK and international education sectors.
Fluent in Mandarin, English, and Cantonese, it is anticipated that
Mr. Wang will be well-positioned to foster cultural exchanges. His
career in education spans decades, beginning with his first school
venture in Chongqing in 2003 and
at a bilingual kindergarten in Beijing in 2005. At the Specialist Schools and
Academies Trust (SSAT), a UK non-profit educational organization,
Mr. Wang led international educational collaboration and exchanges
between China and the UK,
facilitating teacher and leadership training programs for several
Chinese government departments and institutions since 2009.
Additionally, Mr. Wang is a member of the Chinese Institute of
Certified Public Accountants and has held roles as an auditor with
Arthur Andersen LLP and as financial controller for several
multinational companies.
In his role as Director of Mansions, Mr. Wang will be
responsible for leading the strategic development of MDJM's
cultural initiatives in England,
focusing on integrating educational aspects into the Company's
cultural projects. He is expected to provide guidance to enhance
the appeal of the Company's renovated historical properties,
Fernie Castle and Robin Hill Hotel,
as platforms for cultural exhibitions, exchanges, and
communication. Leveraging his extensive experience in education, it
is anticipated that Mr. Wang will contribute to the design
and implementation of programs centered on cultural exhibitions,
lectures, and exchange activities.
"We are excited to welcome William
Wang to our team," said Mr. Siping
Xu, Chairman and Chief Executive Officer of MDJM. "William's
extensive experience in education, coupled with his understanding
of the UK and international markets, makes him uniquely qualified
to lead our cultural business development in England. We anticipate his ability to create
impactful educational programs will lend itself significantly
to expanding the appeal of our historical properties. This
appointment is another step in our strategy to expand our cultural
portfolio and enhance the educational value of our projects,
ultimately aiming to bring new opportunities and value to our
shareholders."
About MDJM LTD
MDJM LTD is a global culture-driven asset management company
focused on transforming historical properties into cultural hubs
that blend modern digital technology with rich historical value.
The Company is actively expanding its operations in the UK, where
it is developing projects such as Fernie
Castle in Scotland and the
Robin Hill Property in England.
These properties are being remodeled into multi-functional cultural
venues that will feature fine dining, hospitality services, art
exhibitions, and cultural exchange events. As part of its broader
strategy, MDJM is positioning itself as a hub for artisan
exchanges, art shows, and sales, leveraging its historical
properties as platforms for promoting Eastern and Western cultural
exchanges. This initiative reflects the Company's commitment to
furthering its global market expansion and enhancing its cultural
business footprint. For more information regarding the Company,
please visit http://ir.mdjmjh.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. 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 its
other filings with the U.S. Securities and Exchange
Commission.
Investor Contact:
Sherry Zheng
Weitian Group LLC
Email: shunyu.zheng@weitian-ir.com
Phone: +1 718-213-7386
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SOURCE MDJM LTD