GUANGZHOU, China, Feb. 18, 2022 /PRNewswire/ -- Onion Global
Limited ("Onion Global", the "Group" or the "Company") (NYSE: OG),
a next-generation lifestyle brand platform that incubates, markets,
and distributes the world's fresh, fashionable, and future brands
to young people in China and
across Asia, today announced that
it was named on the "21st Century Most Innovative
Companies 50 (MIC50) in China
2021" list, in recognition of its outstanding innovative brand
management. The annual 21st Century MIC50 list was
jointly released by Southern Finance Omnimedia Corp. and
21st Century Business Herald.
A total of 50 highly innovative, commercially viable, and
investment-worthy companies were selected among thousands of
outstanding companies that were assessed on the selection criteria.
Companies were chosen based on creative business ideas
(creativity), ability to scale and grow (high growth), and high
industry and social impact and value (value recognition). As an
authoritative list tailored for Chinese companies, the
21st Century MIC50 list has become one of the key
indicators of China's direction in
the field of innovation, with the aim to discover, showcase and
explore innovation in China. The
21st Century MIC50 list spans twelve sectors including
new-generation information technology, smart manufacturing, new
consumption, medicine, and life sciences.
Mr. Cong (Kenny) Li, Founder, and
CEO of Onion Global commented, "We are delighted to be included as
one of the 21st Century MIC50 companies, which is a
strong endorsement and recognition of our innovative operations of
new consumer brands. As a global brand management group, Onion
Global has built a closed-loop ecosystem, connecting the upstream
and downstream communities across from product research and
development, brand incubation, channel operation to marketing
empowerment. With the accumulation of global supply chain
resources, we will continue to focus on innovation across our brand
portfolio, furthering our efforts in intelligent production,
technological innovation, and global R&D. We will empower
product innovation through smart technologies in the fields of
biology, health, and wellness, and drive greater efficiencies
through intelligence. Going forward, Onion Global will continue to
leverage its ability to anticipate market trends, cater to the
needs of a wider range of consumers and facilitate innovation in
the industry to achieve further progress and breakthroughs.
Safe Harbor Statement
This press release contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. Statements that
are not historical facts, including statements about the Company's
beliefs and expectations, the Company's forecasts, general
observation of the industry, and business outlook, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties and a number of factors could
cause actual results to differ materially from those contained in
any forward-looking statement. In some cases, forward-looking
statements can be identified by terminology such as "may," "will,"
"expects," "anticipates," "target," "aim," "future," "intends,"
"plans," "believes," "potential," "estimates" "continue," "is/are
likely to," or other similar statements. Further information
regarding these and other risks is included in Onion Global's
filings with the SEC. All information provided in this press
release and in the attachments is as of the date of this press
release, and Onion Global does not undertake any obligation to
update any forward-looking statement, except as required under
applicable law.
About Onion Global Limited
Onion Global Limited (NYSE: OG) is a next-generation lifestyle
brand platform that incubates, markets, and distributes the world's
fresh, fashionable, and future brands, which we refer to as "3F
brands," to young people in China and across Asia.
The Company's mission is to be the dream factory of lifestyle
brands for young people. The Company's platform offers an
integrated solution to develop, market, and distribute new and
inspiring branded products, thereby reshaping the lifestyle
shopping and consumer culture in China. Onion Global Limited
has been listed on New York Stock Exchange since May 2021.
For more information, please
visit: http://ir.msyc.com/.
Investor Relations Contact
In China:
Onion Global Ltd.
Investor Relations
E-mail: ir@msyc.cc
Christensen
Mr. Eric Yuan
E-mail: eyuan@christensenir.com
Tel: +86-10-5900-1548
In the United States:
Christensen
Ms. Linda Bergkamp
E-mail: lbergkamp@christensenir.com
Tel: +1-480-614-3004
SOURCE Onion Global Limited
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SOURCE Onion Global Limited