NEW YORK, Sept. 19, 2024 /PRNewswire/ — Report on how AI is redefining market landscape- The global automotive green tires market size is estimated to grow by USD 167.5 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 18.58% during the forecast period. High affordability and low maintenance cost is driving market growth, with a trend towards developments in the field of automotive green tires. However, high-cost pressures on tire vendors for competitive pricing poses a challenge. Key market players include Apollo Tyres Ltd., Balkrishna Industries Ltd., Bridgestone Corp., DOUBLE STAR TIRE, Emerald Resilient Tyre Manufacturers Pvt. Ltd., Giti Tire Pte. Ltd., GRI Tires, Hankook Tire and Technology Co. Ltd., Maxxis International, Michelin Group, NEXEN TIRE Corp., Nokian Tyres Plc., Pirelli and C S.p.A, RPG Enterprises, Sailun Group Co. Ltd., Schaeffler AG, The Goodyear Tire and Rubber Co., Triangle Tyres, Yokohama Tire Corp., and Zhongce Rubber Group Co. Ltd..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Market Driver

The automotive industry is responding to growing environmental concerns by investing in the development of green tires. Strict emission standards are driving the creation of innovative tire designs using advanced, energy-efficient materials. Notable companies, such as Goodyear Tire and Rubber, are leading the way with concept designs like the Oxygene tire, which features a moss-filled structure for moisture absorption and improved wet traction. South Korean tire manufacturer KUMHO TIRE has introduced the Ecowing ES31, an environmentally-friendly car tire with minimal rolling resistance and superior wet performance. Yokohama Rubber has also unveiled the BluEarth 109L and BluEarth 109L trailer tires, offering ultra-wide bases and optimized tread patterns for enhanced fuel efficiency. These advancements will contribute to the expansion of the global automotive green tires market in the coming years. 

The Automotive Green Tires Market is on the rise as consumers and governments push for more environment-friendly solutions. Trends include lightweight ENLITEN technology, ElectricDrive GT, and SoundComfort Technology. Tesla Model vehicles and SUVs are leading the shift towards sustainable tire materials like silane from Evonik. The Star Labeling Program and Tire Energy Label focus on reducing carbon emissions from tires. Electric, hybrid, and CNG vehicles are driving demand for tires with low rolling resistance and CO2 emissions. OEMs like Goodyear, Continental, Pirelli, and others are innovating with airless tires and various tire sizes for passenger cars, LCVs, trucks, and buses. The logistics industry also benefits from green tires as they help reduce reliance on fossil fuels. The charging infrastructure for electric vehicles is a key factor influencing tire sales. Overall, the market for green tires is growing as more focus is placed on reducing carbon emissions and using sustainable raw materials. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

Market Challenges

The global automotive industry is experiencing intense competition due to technological advancements and the integration of automotive electronics. This competition is also reflected in the automotive green tires market, where cost pressures are a major inhibitor. Vendors use synthetic amorphous silica (SAS) and precipitated silica in green tire manufacturing, with sulfur silanes as bonding chemicals. Advanced materials and processes increase production costs, but vendors face pressure to keep prices competitive. To remain competitive, some tire manufacturers are focusing on sustainable tire technologies, like renewable rubber, through collaborations with researchers and biotechnology companies. However, these developments may increase competition and cost pressures, potentially hindering market growth in the forecast period.The Automotive Green Tires Market is experiencing significant growth due to shifting consumer preferences towards electric vehicles (EVs) and reduced CO2 emissions. However, challenges persist in this sector. Rolling resistance and fuel consumption are key concerns for EVs, necessitating the development of low rolling resistance tires. CNG and hybrid vehicles also require specialized tires. Original Equipment Manufacturers (OEMs) and the logistics industry seek tires with improved fuel economy and CO2 emission reduction. Tire manufacturers like Goodyear, Continental, Pirelli, and others are responding with innovative solutions. Rim size and tire assembly for electric cars, light commercial vehicles (LCVs), trucks, and passenger cars are also critical factors. OEM sales channels and warranties are essential for tire manufacturers in this market. Key players include Cheng Shin Rubber, ZC Rubber, Rivian R1T, Ford F-150 Lightning, Cooper, Yokohama, Apollo Tyres, Sumitomo Rubber, and others. The use of materials like silica and electric powertrains in tire production is a focus area. The global sales of green tires in the electric car segment are projected to increase, with OEM sales being a significant channel. However, challenges remain in retrofitting existing vehicles and ensuring compatibility with various tire sizes and electric powertrains.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This automotive green tires market report extensively covers market segmentation by

Application 1.1 Passenger vehicles1.2 Commercial vehiclesType 2.1 Radial tire2.2 Bias tireGeography 3.1 Europe3.2 North America3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Passenger vehicles- The automotive green tires market is primarily driven by the increasing demand for fuel-efficient and low-rolling resistance tires among passenger vehicle owners. This trend is further fueled by the growing sales volume of passenger vehicles in emerging economies such as China, Japan, South Korea, India, and Southeast Asian countries. Lower interest rates on vehicle loans worldwide have also encouraged more purchases of passenger vehicles. The passenger vehicle segment is anticipated to dominate the global automotive green tires market due to these factors. Additionally, consumer awareness of eco-friendly tires is increasing, leading to higher adoption rates. In APAC, China, Japan, South Korea, India, and Indonesia are major markets for passenger cars. Europe and North America lead in the adoption of advanced automotive technologies and systems in passenger vehicles. Leading tire manufacturers like Bridgestone and MICHELIN offer eco-friendly tires for passenger vehicles, such as Bridgestone’s Ecopia and MICHELIN’s Energy Saver, which provide superior fuel efficiency and long tread life. Other prominent vendors also offer green tires for various passenger vehicle segments, including small cars, hatchbacks, and sedans. Overall, the growing consumer awareness of eco-friendly tires is expected to continue driving the adoption rate of automotive green tires in the passenger vehicles segment.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The Automotive Green Tires Market is witnessing significant growth due to the increasing demand for eco-friendly tires for Electric Vehicles (EVs) and Hybrid Vehicles. These tires, with their low rolling resistance, contribute to total vehicle efficiency, enhancing the range of EVs and reducing fuel consumption in hybrid vehicles. The market is also driven by the logistics industry’s shift towards CNG and the need for fuel-efficient tires for heavy trucks. Silica, a key raw material, and silane from companies like Evonik, are essential in producing green tires with low rolling resistance and reduced carbon emissions. The Passenger Car Segment is a major consumer, with Original Equipment (OE) manufacturers prioritizing green tires for their electric car models. The market also includes the emerging trend of Airless Tires, which offer environmental benefits by eliminating the need for traditional rubber and reducing overall vehicle weight, leading to reduced carbon emissions and improved fuel efficiency. The Tire Energy Label is a crucial factor in consumer decision-making, with tires rated for low rolling resistance and fuel consumption gaining popularity. The market’s future growth is expected to be influenced by shifting consumer preferences towards sustainable and eco-friendly products, reducing reliance on fossil fuels, and minimizing carbon emissions.

Market Research Overview

The Automotive Green Tires Market is witnessing significant growth due to the increasing demand for eco-friendly tires for various vehicle types, including electric vehicles (EVs), hybrid vehicles, and CNG vehicles. Rolling resistance and CO2 emissions are critical factors driving the market’s growth, as low rolling resistance leads to improved total vehicle efficiency, longer range, and reduced fuel consumption. Tire manufacturers are focusing on developing tires using environment-friendly raw materials such as silica, Styrene-butadiene rubber, and silane. OEMs, including Passenger cars, LCVs, Trucks, and buses, are integrating green tires into their offerings, with some, like Rivian R1T and Ford F-150 Lightning, exclusively using green tires. The logistics industry is also adopting green tires to reduce carbon emissions. Tire assembly processes are being optimized to include electric powertrains and sustainable tire materials. The market’s key trends include the Tire Energy Label, shifting consumer preferences towards fuel economy and CO2 emission, and the emergence of airless tires. Key players in the market include Goodyear, Continental, Pirelli, Cheng Shin Rubber, ZC Rubber, Cooper, Yokohama, Apollo Tyres, Sumitomo Rubber, and others. The market’s global sales are expected to grow significantly in the coming years, driven by the increasing vehicle sales and the OEM sales channel’s dominance. Warranty and tire size are also essential considerations in the market. The market is also witnessing the adoption of sustainable tire materials, such as those derived from Evonik, and the development of technologies like Turanza Eco tires’ lightweight ENLITEN technology and ElectricDrive GT’s SoundComfort Technology. The market’s growth is further driven by the growing popularity of SUV culture and the need to reduce carbon emissions from fossil fuels. The market’s future looks promising, with the charging infrastructure’s development and the Star Labeling Program’s implementation expected to boost sales. Heavy vehicles, including trucks and buses, are also adopting green tires to reduce their carbon footprint.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationPassenger VehiclesCommercial VehiclesTypeRadial TireBias TireGeographyEuropeNorth AmericaAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/automotive-green-tires-market-to-grow-by-usd-167-5-billion-2024-2028-affordable-pricing-and-low-maintenance-drive-growth-ai-impact-on-market-trends—technavio-302253210.html

SOURCE Technavio

NEW YORK, Sept. 19, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global programming language training market size is estimated to grow by USD 8.53 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 19.31%  during the forecast period. Increased adoption of bootcamps by developing economies is driving market growth, with a trend towards increased integration of e-learning. However, high costs  poses a challenge. Key market players include Aptech Ltd., Barcelona Code School, Coding Blocks Pvt. Ltd., Coursera Inc., DataCamp Inc., Dataquest Labs Inc., Eduonix Learning Solutions Pvt. Ltd, edX LLC, Firebrand Training Ltd., Global Knowledge Training LLC, Learning Tree International Inc., LinkedIn Corp., NetCom Learning, NIIT Ltd., Online Consulting Inc., PTR, Simplilearn, Udacity Inc., and Udemy Inc..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View the snapshot of this report

Market Driver

E-learning has revolutionized programming language training by offering flexible and cost-effective solutions for organizations. In the past, training relied on desktop computers and networks, but now encompasses various channels such as mobile devices and emerging technologies like AR, VR, and wearables. This flexibility enables employees to learn at their convenience, fitting training around work schedules. Additionally, online training can be updated in real-time, ensuring employees have access to the latest information and technology. The cost savings associated with e-learning make it an attractive option for the global programming language training market, making it a promising area for growth in the forecast period. 

The programming language training market is thriving, with trends like blended learning and online courses driving growth. Schools are integrating coding into curricula, while corporations invest in training software developers in languages like Python, JavaScript, Ruby, PHP, Java, and more. Machine learning and AI technologies are in high demand, fueling the market for machine learning tools and cloud solutions. The IT industry values language fluency and proficiency, making online language learning popular. Learning management systems, smart devices, and mobile-assisted learning are transforming education. Manufacturing industries and academic institutions use advanced languages for automation, data analytics, and computational simulations. The PYPL and TIOBE indexes rank popular languages, with Python, JavaScript, and Java leading the way. Overall, the programming language training market is a dynamic and essential sector in the IT industry. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

Market Challenges

The programming language training market is experiencing growth due to the increasing adoption of blended learning in both academic and corporate sectors. Blended learning, which combines traditional classroom instruction with online courses, offers numerous benefits. It allows learners to access real-time training and provides the flexibility to learn at their own pace. This model also reduces training costs for organizations and educational institutions. In the IT/system training sector, online learning methods are particularly popular. Vendors can capitalize on this trend by developing innovative learning technology solutions for blended learning. The blended learning model, which integrates face-to-face and online instruction, is gaining popularity in higher education, especially for programming language training. The rise of online training is a significant factor driving the growth of this model. Corporations are also adopting blended learning to train their employees due to its flexibility and convenience. As programming language training requires extensive practical learning, the integration of new technologies enhances the overall learning experience. Students can grasp concepts faster, enabling them to advance to more advanced levels in the same subject. The blended learning model is expected to continue growing during the forecast period due to its widespread adoption in various sectors.The programming language training market is experiencing significant growth due to the increasing demand for AI technologies, machine learning, and cloud solutions in various industries. The artificial intelligence market, including machine learning tools like PyTorch and TensorFlow, is driving the need for proficiency in advanced languages like Python and Go. Challenges in the IT industry, such as automation and data analytics, require developers to be fluent in these languages. The rise of machine learning and AI in manufacturing industries, academic institutions, and corporate offices is leading to an increased focus on language proficiency. Online language learning through learning management systems, computer-assisted learning, and mobile-assisted language learning is becoming increasingly popular. Smart devices and cell phones are also being used to facilitate learning. The PYPL and TIOBE indexes show Python’s dominance in the programming language segment. Developer-friendly features of languages like Go are also gaining popularity. In summary, the programming language training market is thriving due to the growing importance of AI, machine learning, and cloud solutions in various industries. The demand for language proficiency in these areas is driving the need for advanced language training, both online and offline, using various software-enabled technologies.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This programming language training market report extensively covers market segmentation by  

End-user 1.1 Corporate1.2 AcademicProduct 2.1 Online2.2 Classroom2.3 Boot campGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Corporate-  The programming language training market is a significant business sector, catering to the growing demand for tech talent. Companies invest in this market to upskill their workforce and stay competitive. Various programming languages like Python, Java, and C++ are popular choices due to their wide usage in software development. Training providers offer courses in these languages through classroom sessions, online platforms, and customized corporate programs. This market continues to expand as businesses recognize the importance of digital transformation and the role of skilled programmers in driving innovation.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The programming language training market is experiencing significant growth due to the increasing demand for tech skills in various industries. Blended learning, which combines online and classroom instruction, is becoming a popular choice for both academic and corporate training. Schools are integrating programming languages like C, Python, Ruby, PHP, Java, and others into their curricula to prepare students for the workforce. Software developers are using machine learning, AI technologies, and cloud solutions to build innovative applications. To keep up with this rapidly evolving field, they rely on software programs, scripts, and computers to write and test their code. Online language learning platforms, learning management systems, and smart devices offer flexibility and convenience for learners. Two computer-assisted learning and mobile-assisted language learning are gaining popularity, with cell phones becoming essential tools for learning on-the-go. Self-assessment modules and automation software-enabled technology help learners track their progress and improve their language fluency and proficiency. The future of programming language training is bright, with endless opportunities for those who are willing to learn and adapt.

Market Research Overview

The programming language training market is experiencing significant growth due to the increasing demand for software developers in various industries, including the IT sector and manufacturing. Blended learning, which combines online and classroom instruction, is becoming a popular choice for both academic and corporate training programs. Programming languages like Python, JavaScript, Ruby, PHP, Java, and others are in high demand for building websites, software programs, scripts, and machine learning models. AI technologies, cloud solutions, and computational simulations are also driving the market. Learning management systems, smart devices, and mobile-assisted learning are making programming education more accessible. Language fluency and proficiency are essential for developers, and online language learning platforms are becoming increasingly popular. The market for programming languages is closely tied to the artificial intelligence market, with machine learning tools like PyTorch and TensorFlow gaining popularity. The IT industry is a major consumer of programming languages, with companies using data and analytics to drive automation and improve efficiency. The PYPL and TIOBE indexes are commonly used to rank programming languages based on popularity. Advanced languages like Go offer developer-friendly features, making them attractive to students and professionals alike.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userCorporateAcademicProductOnlineClassroomBoot CampGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-programming-language-training-market-to-grow-by-usd-8-53-billion-from-2024-2028–driven-by-bootcamp-adoption-in-developing-economies-ai-powered-market-evolution—technavio-302253219.html

SOURCE Technavio

AGBA’s merger with Triller Corp. is on track to close

Shareholder approval was granted for AGBA to be incorporated as a Delaware Corporation and domiciled in the U.S., operating under the name Triller Group Inc.

All AGBA/Triller merger closing conditions have been met, with the exception of the final Nasdaq listing regulatory approval, soon anticipated

NEW YORK, Sept. 19, 2024 /PRNewswire/ — AGBA Group Holding Limited (Nasdaq: AGBA) (“AGBA” of the “Company”), a multi-channel business platform delivering first-class financial services through machine-learning technologies, today announced the results of its general shareholder meeting (the “Meeting”) held on September 19, 2024. During the Meeting, AGBA’s shareholders resoundingly approved all proposals put forth for vote and moved AGBA’s merger with Triller Corp. to its final stage of completion.  In the coming weeks, AGBA and Triller Corp. anticipate receiving Triller Group Inc.’s (the pro forma merged parent company) new Nasdaq listing approval, the final closing condition to the transaction, and expect their merger to close shortly thereafter.

Today’s Meeting and shareholder vote provided approval for AGBA to be re-domiciled in the State of Delaware and incorporated as a company under Delaware State Law operating under the new name “Triller Group Inc.”

The shareholder vote also approved the amended and restated merger agreement dated as of August 30, 2024 (“Merger Agreement”), by and between AGBA (to be renamed Triller Group Inc.), AGBA Social Inc., a wholly owned Delaware subsidiary of AGBA, Triller Corp. and Triller’s stockholder representative, with respect to the acquisition of 100% of the outstanding capital stock and conversion of all restricted stock units of Triller Corp., in exchange for common stock and preferred stock of the newly named Triller Group Inc. the conversion of all existing Triller Corp. restricted stock units into Triller Group Inc. restricted stock units, and the assumption of certain Triller Corp. warrants.

It was also agreed at the Meeting that AGBA’s Revised Charter Amendment would supersede and stand in substitution for the Charter Amendment Proposal to approve (i) the adoption and filing of the Company’s Sixth Amended and Restated Memorandum and Articles of Association to supersede and replace in its entirety AGBA’s Fifth Amended and Restated Memorandum and Articles of Association to, among other things, (A) increase the number of the Company’s ordinary shares authorized for issuance thereunder from 1,000,000,000 to 1,500,000,000, (B) authorize a new class of 100,000,000 class A preferred shares and authorize a new class of 45,000 super voting class B Shares, with each share entitled to 10,000 votes, and (C) to enable the majority shareholders to approve matters by written consent, and (ii) the adoption and filing of AGBA’s Seventh Amended and Restated Memorandum and Articles of Association to supersede and replace in its entirety the Company’s Sixth Amended and Restated Memorandum and Articles of Association to consolidate the above amendments and to effect the forward share split of the AGBA Ordinary Shares on a 1.9365 basis, and the resulting increase in the total number of authorized ordinary shares from 1,500,000,000 to 2,904,753,145 and increase in the outstanding AGBA Ordinary Shares from 97,736,035, shares to 189,265,804 shares and reduction in the par value of each  AGBA Ordinary Shares from $0.001 to $0.000516395 (the “Share Split”).

AGBA’s shareholders authorized and approved that after its merger with Triller Corp. has closed, and based on the number of outstanding AGBA Ordinary Shares as of August 30, 2024, Triller Corp.’s Stakeholders will hold 70% of the aggregate of (i) the economic interests of the outstanding Triller Group Inc. capital stock plus (ii) the outstanding Triller Group Inc. RSUs, and the current AGBA shareholders will hold the remaining 30% (“Agreed Stakeholder Proportions”), and that AGBA’s Board of Directors (“Directors”) be and are hereby authorized to make such amendments and adjustments to the Merger Agreement and the numbers of securities to be so issued in Triller Group Inc., in their sole discretion, as may be required or desirable to give effect to the Merger Agreement Proposal and the Agreed Stakeholder Proportions.

Further, the shareholders granted to authorize and approve a reverse share split of AGBA Ordinary Shares in the range of 1 to 1.5 to 1 to 20 and grant to AGBA’s Directors the discretion and authority to determine the exact reverse split ratio, within the above specified range, (“Reverse Share Split”) and to further authorize and approve any consequential changes and amendments to AGBA’s memorandum and articles of association, and to authorize and grant discretion to AGBA’s Directors to do all things necessary to give effect to the Reverse Share Split as may be required.

These approved proposals reflect transformative changes being implemented at AGBA and mark a significant step forward for Triller Group Inc.’s future enhanced growth and positioning within the technology and social media industries.

For more information on today’s shareholder vote, please refer to AGBA’s Report on Form 6-K filed with the SEC on September 19, 2024. The latest press release is available on the company’s website, please visit: www.agba.com/ir.

About AGBA    
Established in 1993, AGBA Group Holding Limited (Nasdaq: “AGBA”) is a leading, multi-channel business platform that incorporates cutting edge machine-learning and offers a broad set of financial services and healthcare products to consumers through a tech-led ecosystem, enabling clients to unlock the choices that best suit their needs. Trusted by over 400,000 individual and corporate customers, the Group is organized into four market-leading businesses: Platform Business, Distribution Business, Healthcare Business, and Fintech Business.

For more information, please visit www.agba.com

About Triller Corp.       
Triller is a next generation, AI-powered, social media and live-streaming event platform for creators. Pairing music culture with sports, fashion, entertainment, and influencers through a 360-degree view of content and technology, Triller uses proprietary AI technology to push and track content virally to affiliated and non-affiliated sites and networks, enabling them to reach millions of additional users. Triller additionally owns Triller Sports, Bare-Knuckle Fighting Championship (BKFC); Amplify.ai, a leading machine-learning, AI platform; FITE, a premier global PPV, AVOD, and SVOD streaming service; and Thuzio, a leader in B2B premium influencer events and experiences.

For more information, visit www.triller.co

Investor Relations:       
Bethany Lai
ir@agba.com
+852-5529-4500  

Media Contact:
Catherine Polisi Jones
Polisi Jones Communications
cjones@polisijones.com
+1-917-330-8934

Safe Harbor 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. 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 outcome of any legal proceedings that may be instituted against us following the consummation of the business combination; expectations regarding our strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives and pursue acquisition opportunities; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Hong Kong and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC, the length and severity of the recent coronavirus outbreak, including its impacts across our business and operations. 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 SEC, 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.

View original content to download multimedia:https://www.prnewswire.com/news-releases/agba-group-announces-results-of-extraordinary-general-meeting-of-shareholders-302253702.html

SOURCE AGBA Group Holding Limited