SHISHI, China, April 5, 2021
/PRNewswire/ -- KBS Fashion Group Limited ("KBS" or the
"Company") (NASDAQ: KBSF), a leading fully-integrated casual
menswear company in China and the operator of Luxventure, a
social media platform, announced today the promotion of
Liu Zie to the position of Chief
Technology Officer of Luxventure.
With over 20 years of experience, Mr. Liu Zie is a leading expert in the China information technology sector. Mr.
Liu's expertise lies in Blockchain, Artificial Intelligence and
Internet of Things. He was the former CTO of ZOL, a leading
on-line technology/E-commerce portal, and managed a 400 member
development team. Mr. Liu is a graduate of Yanshan
University.
Ms. Sun Lei, Chief Executive
Officer of the Company, commented: "I congratulate Liu Zie on this promotion. During his
short time with Luxventure, he played an instrumental role in the
development of our apps and internal management software
solutions. As Chief Technology Officer, his role will be to
focus on further using his experience and knowledge, especially in
Blockchain, to better serve our users."
Mr. Liu Zie commented: "I am
honored for this promotion. One of the key reasons for
joining Luxventure is the vision of its CEO and its focus on
cutting edge technology. I am happy for the opportunity to
bring my expertise in Blockchain, Artificial Intelligence and
Internet of Things to the company. Blockchain is the future
and I look forward to using my expertise in this area to further
implement the company's Blockchain strategy and exploring related
opportunities, such as Non-fungible Tokens (NFT)."
About KBS Fashion Group Limited
Headquartered in Shishi, China, KBS Fashion Group Limited,
through its subsidiaries, is engaged in the business of i)
designing, manufacturing, selling and distributing its own casual
menswear brand, KBS, through a network of 30 KBS branded
stores (as of Dec 31, 2019) and over a number of
multi-brand stores. KBS Fashion Group is the operator of
Luxventure, a social media platform. To learn more about the
Company, please visit its corporate website
at www.kbsfashion.com.
Safe Harbor Statement
This press release may contain certain "forward-looking
statements" relating to the business of KBS Fashion Group Limited,
and its subsidiary companies. All statements, other than statements
of historical fact included herein, are "forward-looking
statements" in nature within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements,
often identified by the use of forward-looking terminology such as
"believes," "expects" or similar expressions, involve known and
unknown risks and uncertainties. Although the Company believes that
the expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. Investors should
not place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of
factors, including those discussed in the Company's periodic
reports that are filed with the Securities and Exchange Commission
and available on its website (http://www.sec.gov).
All forward-looking statements attributable to the Company or
persons acting on its behalf are expressly qualified in their
entirety by these factors. Other than as required under the
securities laws, the Company does not assume a duty to update these
forward-looking statements.
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SOURCE KBS Fashion Group Limited