NEW
YORK, Feb. 11, 2025 /PRNewswire/ -- SOS
Limited (NYSE: SOS) ("the Company" or "SOS") today announced
entering of a strategic framework agreement with Lepu
Sodium Power (Shanghai)
Technology Co., Ltd., marking the initial step forward in their
collaboration in the field of green solution energy. The
partnership is intended for Lepu Sodium Power to provide
electricity optimizing solutions to SOS for its computing and data
centers.
As a high-tech enterprise specializing in blockchain technology,
SOS Limited boasts extensive expertise in big data, cloud
computing, IoT, and digital solutions. In recent years, the Company
has been committed to delivering digital transformation services
worldwide by leveraging blockchain technology, and satellite
communications. SOS has successfully developed an international
blockchain-powered digital trade platform and supercomputing data
service centers.
Lepu Sodium Power brings extensive experience in photovoltaic
cells, energy storage technologies, and sodium-ion battery
materials, and has initiated related manufacturing projects.
Under the agreement, both parties intend to establish a
long-term and stable partnership based on mutual trust and equality
while sharing their respective resources. They will work closely to
develop collaborative plans, address potential challenges, and
promote project implementation. All information provided by the
parties in the partnership will remain strictly confidential to
maximize the mutual benefits.
"We intend to work with Lepu Sodium Power to
optimize our electricity use by exploring green energy solutions."
said Wang Yandai, the CEO of SOS Limited. "Partnering with an
industry leader like Lepu Sodium Power will help us achieve greater
breakthroughs in green energy."
Safe Harbor Statement
This press release contains forward-looking statements made
under the "safe harbor" provisions of Section 21E of the Securities
Exchange Act of 1934, as amended, and the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can
be identified by terminology such as "will," "expects,"
"anticipates," "future," "intends," "plans," "believes,"
"estimates," "confident" and similar statements. SOS may also make
written or oral forward-looking statements in its reports filed
with or furnished to the U.S. Securities and Exchange Commission,
in its annual report to shareholders, in press releases and other
written materials and in oral statements made by its officers,
directors or employees to third parties. Any statements that are
not historical facts, including statements about SOS' beliefs and
expectations, are forward-looking statements that involve factors,
risks and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. Further
information regarding risks, uncertainties or factors is included
in the Company's filings with the U.S. Securities and Exchange
Commission. All information provided in this press release is
current as of the date of the press release, and SOS does not
undertake any obligation to update such information, except as
required under applicable law.
About SOS Limited
SOS is an emerging blockchain-based and big data-driven
marketing solution provider. SOS is also engaged in blockchain and
cryptocurrency operations, which currently include
cryptocurrency mining and may expand into
cryptocurrency security and insurance in the future.
Since April 2021, we launched
commodity trading via our subsidiary SOS International Trading Co.
Ltd and Weigou International Trading Co Ltd. Major trading
commodity includes mineral resin, soybean, wheat, sesame, liquid
sulfur, petrol coke and latex etc. For more information, please
visit: http://www.sosyun.com/.
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SOURCE SOS Ltd.
