ZW Data Action Technologies Inc. updates its

BEIJING, November 02, 2021 (GLOBE NEWSWIRE) – ZW Data Action Technologies, Inc. (Nasdaq: CNET) (“ZW Data” or the “Company”), integrated online advertising, precision marketing, data analytics and other value-added services company, today announced that its website (http://www.zdat.com/) has been fully upgraded and that a new version of the website has been officially launched.

In 2021, ZW Data improved its positioning by transforming itself into a provider of digital operations services. The Company supports companies by deploying new generation information and internet technologies such as NFT, blockchain, DeFi and big data. ZW Data explores the development of diversified business directions and its business has been improved both in depth and breadth. The company not only presents high-quality projects, but also actively connects with leading companies to introduce support services and related projects for investment promotion.

This website update features the latest research findings on blockchain – the Blockchain Integrated Framework (“BIF”) automation platform, which provides underlying blockchain management service solutions to the investment and development in micro, small and medium enterprises (“MSME”). The BIF automation platform is based on a transparent and visualized shared ledger for process integration, which will further reduce the complexity of collaboration, optimize decision making and synchronize processes to improve the efficiency of blockchain supply chain collaboration. Meanwhile, through the new website, the company will provide customized full chain operational solutions for many industry scenarios and clients, such as catering, shared equipment and overseas e-commerce.

“ZW Data has served the MSME information industry for 18 years and currently has over 100,000 franchise customers. We are committed to solving the problem of MSME information asymmetry, so that companies can conduct their business more conveniently, efficiently and at lower cost. In recent years, our company has made attempts and advancements to provide full chain digital support services for MSME transactions through blockchain, cloud computing and big data including business operations, technology and marketing services, which means that ZW Data is moving from information service provider to a new stage of dual information service + transaction provider. ZW Data’s continued exploration in the chain franchise digitization process will help MSMEs to operate and manage efficiently and accurately, creating value for customers, while our own performance and development will also experience greater improvement, ”commented Handong Cheng, Chairman and CEO of ZW. Data.

About ZW Data Action Technologies Inc.

Founded in 2003 and headquartered in Beijing, China, ZW Data Action Technologies Inc. is a green company dedicated to marketing channel expansion services through mobile internet, blockchain, big data, and other professional services. ZW Data has been providing information services to small and medium-sized businesses for years to expand their marketing channels and has become one of the benchmarks in the industry. It is committed to innovating and establishing a B2B2C smart business ecology through the deployment of artificial intelligence, blockchain, cloud computing, big data and other next-generation information technologies, to help MSMEs to make a business more practical, efficient and less expensive. model. More information about the Company can be found at: http://www.zdat.com/.

Safe Harbor Declaration

This press release contains certain “forward-looking statements” relating to the business of ZW Data Action Technologies Inc., which can be identified by the use of forward-looking terms such as “believes”, “expects”, “anticipates”, “believes” or similar expressions. These forward-looking statements involve known and unknown risks and uncertainties, including business uncertainties relating to government regulations of our industry, market demand, reliance on key personnel, future capital needs, competition in general and other factors that may cause actual results to differ from those described herein as anticipated, assumed, estimated or expected. Certain of these risks and uncertainties are or will be described in more detail in our documents filed with the Securities and Exchange Commission. These forward-looking statements are based on the current expectations and beliefs of ZW Data Action Technol ogies Inc. regarding future developments and their potential effects on the Company. There can be no assurance that future developments affecting ZW Data Action Technologies Inc. will be those anticipated by ZW Data Action Technologies Inc. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or ” other assumptions which may cause actual results or performance to differ materially from those expressed or implied by these forward-looking statements. ZW Data Action Technologies Inc. assumes no obligation to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable laws. applicable securities.

For more information please contact:

Sherry Zheng
Weitian Group SARL
Email: [email protected]
Telephone: +1 718-213-7386


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