TAI'AN, China, July 23, 2018 /PRNewswire/ -- China Customer
Relations Centers, Inc. (NASDAQ: CCRC) ("CCRC" or the "Company"), a
leading call center business process outsourcing ("BPO") service
provider in China, today announced
that it is not aware of the reasons for the recent volatility in
its stock price. In addition, the Company has not selectively
disclosed any material nonpublic information to analysts, investors
or others without concurrently making a widespread public
disclosure. Additionally, neither the Company's executive officers,
directors nor, to the knowledge of the Company, any controlling
shareholders, sold or purchased common shares of the Company within
the last 30 days. The Company's management believes it is prudent
to advise the market of this given recent fluctuations of its stock
price.
On April 27, 2018, the Company
announced its full year 2017 financial results that highlighted
revenues growth of 22.3% to $89.0
million, service capacity increase of 26.5% to 13,992 seats
by the end of 2017, and the addition of several high-profile
customers, including China Merchants Bank, Shouqi Limousine &
Chauffeur, OFO Shared Bicycles, Tmall.com, and TianAn Life
Insurance. Since then, the Company has not seen any material change
in its business activities and outlook and expects the current
business trend to continue in the near future.
About China Customer Relations Centers, Inc.
The Company is a BPO service provider focusing on the complex,
voice-based segment of customer care services, including:
- customer relationship management;
- technical support;
- sales;
- customer retention;
- marketing surveys; and
- research.
The Company's service is currently delivered from call centers
located at over 20 cities across 12 provinces, autonomous regions
and municipalities in China,
including Shandong, Jiangsu, Anhui, Hebei,
Xinjiang, Guangxi, Jiangxi, Chongqing, Beijing, Henan, Shanghai and Sichuan. More information about the Company
can be found at: www.ccrc.com.
Forward-Looking Statement
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate" or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements. Specifically, the Company's
statements regarding its business activities and outlook are
forward-looking statements. Forward-looking statements are
not guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company's goals and strategies; the Company's
future business development; product and service demand and
acceptance; changes in technology; economic conditions; the growth
of the call center business process outsourcing market in
China; reputation and brand; the
impact of competition and pricing; government regulations;
fluctuations in general economic and business conditions in
China and assumptions underlying
or related to any of the foregoing and other risks contained in
reports filed by the Company with the Securities and Exchange
Commission. For these reasons, among others, investors are
cautioned not to place undue reliance upon any forward-looking
statements in this press release. Additional factors are discussed
in the Company's filings with the U.S. Securities and Exchange
Commission, which are available for review 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.
For more information, please contact:
Tony Tian,
CFA
Weitian Group LLC
Email: ttian@weitianco.com
Phone: +1-732-910-9692
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SOURCE China Customer Relations Centers, Inc.