BEIJING, November 27, 2024 (GLOBE NEWSWIRE) — Haoxi Health Technology Limited (HAO), an online marketing solution provider based in Beijing, China, has announced that its wholly-owned subsidiary, Beijing Haoxi Digital Technology Co., Ltd. (“Beijing Haoxi”), has secured a Recharge Service Framework Contract (the “Contract”). The contract, valued at RMB30 million, is with Tengyuan Media Advertising Co., Ltd. (“Tengyuan”) and its clients, for comprehensive digital advertising services.
Under the terms of the Contract, Tengyuan has granted Beijing Haoxi the authority to create customized internet marketing services. These services will be delivered through Beijing Haoxi’s media platform network, tailored to meet Tengyuan’s specific business requirements. Over the next year, Beijing Haoxi will leverage its marketing expertise to enhance the competitiveness of Tengyuan and its clients, according to the contract.
Mr. Zhen Fan, Chairman and Chief Executive Officer of Haoxi Health Technology, stated, “Partnering with Tengyuan represents a significant milestone in our strategic plan. We anticipate improving our service capabilities and market position, ultimately providing greater value for our clients.” He added, “This Contract not only delivers notable economic benefits to the Company but also supports our ongoing transformation within the digital marketing industry. We are optimistic that our collaboration with Tengyuan will stimulate innovation and growth within the industry.”
About Haoxi Health Technology Limited
Haoxi Health Technology Limited, headquartered in Beijing, is an online marketing solution provider specializing in serving clients in the healthcare industry. The company’s expansion mirrors the growth of news feed advertisements and the rapid development of the healthcare sector. Haoxi Health offers comprehensive online marketing solutions, especially in online short video marketing, assisting advertisers in acquiring and retaining customers on popular platforms in China, including Toutiao, Douyin, WeChat, and Sina Weibo. The company is committed to reducing costs, increasing efficiency, and providing accessible online marketing solutions for advertisers.
For more information, visit: http://ir.haoximedia.com.
Forward-Looking Statement
This press release includes forward-looking statements regarding the Company’s plans, objectives, strategies, future events, and performance. These statements are based on underlying assumptions and are not historical facts. Words like “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” and “estimate,” or similar expressions that do not relate solely to historical matters, indicate forward-looking statements. Actual results may differ materially from the Company’s expectations due to risks and uncertainties, including market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed with the U.S. Securities and Exchange Commission (SEC) available at www.sec.gov.
The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
Investor Relations Contact:
WFS Investor Relations Inc. Janice Wang, Managing Partner Email: services@wealthfsllc.com Phone: +86 13811768599, +1 628 283 9214
