XIAMEN,
China, Dec. 1, 2022 /PRNewswire/ -- Pop Culture
Group Co., Ltd ("Pop Culture" or the "Company") (Nasdaq: CPOP), a
hip-pop culture company in China,
today announced that the Company has received the Fujian Province
Top 10 Cultural Enterprises Award (the "Award").The Fujian Province
Top 10 Cultural Enterprises Award has been held for 11 consecutive
years, and aims to guide the cultural development by selecting
excellent cultural enterprises that serve as industry benchmarks in
Fujian Province. The Award
reflects the recognition by the Fujian government of the Company's
contributions to the cultural development of Fujian Province.
The Fujian Province Cultural Reformation and Development Group
invited experts to conduct several procedures to review the
qualifications of selected companies. The Company was one of the 10
notable companies that had been selected for the Award.
The Company has been focusing on hip-hop culture in China for over a decade with an extensive
portfolio of intellectual properties, including China Battle
Championships, an annual street dance competition; Move it, a
two-hour long street dance stage play; Super Hip-Hop Dream, a
series of street dance events focusing on teenagers, and Top Dance
Show, a hip-hop program. In addition, the Company has updated its
organizational structure and determined to develop its three core
business sectors: POPIDEA, the intelligent business sector;
POPSPORTS, the sports business sector; and POPLIVE, the live
business sector. The Company expects to expand its business to
advertising, branding, event planning, hosting entertainment events
and providing copyrighted contents through its three core
businesses.
Mr. Zhuoqin Huang, the Chairman and Chief Executive Officer of
Pop Culture, commented, "We are very proud to receive the
Award, which recognizes the efforts of our team to develop hip-hop
culture. It is a great honor and an encouragement to our team. We
will continue to devote ourselves to the operation and promotion of
Chinese pop culture, strive to maintain our role as a pioneer in
the hip-hop culture industry, and endeavor to provide high quality
professional services to the public. In the future, Pop Culture
will remain focused on improving our brand awareness and influence,
fulfilling our social responsibility and bringing more diverse
cultural content to our programs."
About Pop Culture Group Co., Ltd
Headquartered in Xiamen, China,
Pop Culture Group Co., Ltd is a hip-hop culture company. The
Company aims to promote hip-hop culture and its values of love,
peace, unity, respect, and having fun, and to promote cultural
exchange with respect to hip-hop between the United States and China. With the values of hip-hop culture at
its core and the younger generation as its primary target audience,
the Company hosts entertainment events, operates hip-hop related
online programs, and provides event planning and execution services
and marketing services to corporate clients. The Company has in
recent years focused on developing and hosting its own hip-hop
events. For more information, visit the Company's website at
http://ir.cpop.cn/.
Forward-Looking Statements
Certain statements in this announcement are forward-looking
statements. These forward-looking statements involve known and
unknown risks and uncertainties, including the further spread of
the COVID-19 virus or new variants thereof, or the occurrence of
another wave of cases and the impact it may have on the Company's
operations and the demand for the Company's services, 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 registration statement and its other filings with the
SEC.
For more information, please contact:
Pop Culture Group Co., Ltd
Investor Relations Department
Email: ir@cpop.cn
Ascent Investors Relations LLC
Tina Xiao
President
Phone: 917-609-0333
Email: tina.xiao@ascent-ir.com
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SOURCE Pop Culture Group Co., Ltd
