BEIJING, June 11, 2020 /PRNewswire/ -- Color Star
Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company", "we" or
"HHT"), a company engaged in the business of providing education
services, today announced that Color China Entertainment Limited
("Color China"), the Company's wholly owned subsidiary, has had
three talented additions to its management team.
Mr. Chu-hsin (Frank) Peng joined
Color China as its Chief Artist Officer. Frank is a producer,
songwriter, guitarist and agent. He is referred to as the "The
Pioneer of Mandarin Boy Groups" in the entertainment industry and
was involved in the production of approximately 60% of the boy
groups in Taiwan since 2000, such
as "Energy" "5566," "WEWE," "3 Balls," "Tomoro," "Dark Wings,"
"Brotherhood" and "Dong-Jing." Frank has also produced and
supervised more than 30 albums and 500 singles. He has experience
in working with various record companies and famous singers,
including EMI, SONY, UM, Warner, and Rock. Mr. Frank Peng will manage Color China's artist
channels and marketing in Hong
Kong and Taiwan.
Ms. Man Zhang joined Color China
as its Executive Vice President. Man is known for her expertise in
TV program planning, show hosting and producing as well as talent
management. She has produced numerous popular music TV shows since
2000 and was one of the top 10 pop music hostesses. Ms.
Man Zhang will manage Color China's
acquisition of artists and marketing in Mainland China.
Xiaoqiao Liu joined Color China
as its Entertainment Advisor. Xiaoqiao is a bilingual entertainment
professional specializing in areas including U.S.-China collaborated film productions, TV
productions, live streaming and music productions. Xiaoqiao has a
successful track record in representing Chinese studios and
celebrities, as well as American talents, song writers, producers,
composers and musicians.
"As we continue to accelerate our educational products and
service offerings in online education towards the entertainment
sector, we are excited to acquire talents who are highly respected
and well-known to join Color China's senior management team,"
Yang (Sean) Liu, Chief Executive
Officer of Color Star Technology commented, "We now have a talented
team covering our important geographic markets. With their market
expertise, we are excited to provide unique online learning
services that are truly unique and relevant in addressing the
market needs."
About Color Star Technology Co., Ltd.
Color Star Technology, is a holding company whose primary
business is offering both online and offline innovative education
services. Its business operations are conducted through its
wholly-owned subsidiaries Color China Entertainment Ltd., CACM
Group NY, Inc., Sunway Kids International Education Group Ltd.
("Sunway Kids"), Brave Millennium Limited, Chengdu Hengshanghui
Intelligent Technology Co., Ltd. and its variable interest entity,
Chengdu Hengshanghui Education Consulting Co., Ltd. Sunway Kids
engages in the early childhood education service business,
providing a well-structured system to day cares and preschools
in China, including AI and robotic technologies, intellectual
campus administration software as a service (SaaS) system and
personalized education planning. The Company also anticipates
providing an after-school tutoring program in New
York via its joint venture entity Baytao LLC, and providing
online education via a platform being built by CACM.
Forward-Looking Statements
Certain statements made herein are "forward-looking statements"
within the meaning of the "safe harbor" provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"anticipate", "believe", "expect", "estimate", "plan", "outlook",
and "project" and other similar expressions that predict or
indicate future events or trends or that are not statements of
historical matters. Such forward-looking statements include the
business plans, objectives, expectations and intentions of the
parties following the completion of the acquisition, and HHT's
estimated and future results of operations, business strategies,
competitive position, industry environment and potential growth
opportunities. These forward-looking statements reflect the current
analysis of existing information and are subject to various risks
and uncertainties. As a result, caution must be exercised in
relying on forward-looking statements. Due to known and unknown
risks, our actual results may differ materially from our
expectations or projections. 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.
The following factors, among others, could cause actual results
to differ materially from those described in these forward-looking
statements: there is uncertainty about the spread of the COVID-19
virus and the impact it will have on HHT's operations, the demand
for the HHT's products and services, global supply chains and
economic activity in general. These and other risks and
uncertainties are detailed in the other public filings with the
Securities and Exchange Commission (the "SEC") by HHT.
Additional information concerning these and other factors that
may impact our expectations and projections will be found in our
periodic filings with the SEC, including our Annual Report on Form
20-F for the fiscal year ended June 30, 2019. HHT's SEC
filings are available publicly on the SEC's website
at www.sec.gov. HHT disclaims any obligation to update the
forward-looking statements, whether as a result of new information,
future events or otherwise.
Color Star Technology Co., Ltd.
Contact: Investor
Relations
Cassie
Zhang
ir@colorstarinternational.com
929-317-2699
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SOURCE Color Star Technology Co., Ltd.