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Yunji Has Regained Compliance with Nasdaq’s Minimum Bid Price Requirement

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HANGZHOU, China, Sept. 30, 2024 /PRNewswire/ — Yunji Inc. (“Yunji” or the “Company”) (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced that it received a notification letter (the “Compliance Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market Inc. (“Nasdaq”) dated September 27, 2024, indicating that the Company has regained compliance with the Nasdaq Listing Rule 5450(a)(2) and the matter is closed.

As previously disclosed, on October 5, 2023, the Company received a letter from Nasdaq indicating that the Company was not in compliance with Nasdaq Listing Rule 5450(a)(1), as the closing bid price of the ADSs had been below US$1.00 per ADS for the previous 30 consecutive business days. The Company was given a period of 180 calendar days, or until April 2, 2024, to regain compliance with the minimum bid price requirement. In response, the Company submitted an application to transfer the listing of its ADSs from the Nasdaq Global Market to the Nasdaq Capital Market. As a result of the transfer to the Nasdaq Capital Market, Nasdaq granted the Company a second period of 180 calendar days, or until September 30, 2024, to regain compliance with the minimum bid price requirement for continued listing. To regain compliance, the closing bid price of the Company’s ADSs must meet or exceed US$1.00 per ADS for a minimum of 10 consecutive business days on or prior to September 30, 2024.

According to the Compliance Notice, the closing bid price of the Company’s ADSs has been at $1.00 per ADS or greater for 10 consecutive business days from September 13, 2024 through September 26, 2024, and the Company has regained compliance with the minimum bid price requirement and the matter is closed.

About Yunji Inc.

Yunji Inc. is a leading social e-commerce platform in China that has pioneered a unique, membership-based model to leverage the power of social interactions. The Company’s e-commerce platform offers high-quality products at attractive prices across a wide variety of categories catering to the day-to-day needs of Chinese consumers. In addition, the Company uses advanced technologies including big data and artificial intelligence to optimize user experience and incentivize members to promote the platform as well as share products with their social contacts. Through deliberate product curation, centralized merchandise sourcing, and efficient supply chain management, Yunji has established itself as a trustworthy e-commerce platform with high-quality products and exclusive membership benefits, including discounted prices.

For more information, please visit https://investor.yunjiglobal.com/.

Safe Harbor Statements

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes, ” “estimates,” “confident,” “potential,” “continue” or other similar expressions. Yunji may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), 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. Statements that are not historical facts, including but not limited to statements about Yunji’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Yunji’s growth strategies; its future business development, results of operations and financial condition; its ability to understand buyer needs and provide products and services to attract and retain buyers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to rely on merchants and third-party logistics service providers to provide delivery services to buyers; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with merchants; trends and competition in China’s e-commerce market; changes in its revenues and certain cost or expense items; the expected growth of China’s e-commerce market; PRC governmental policies and regulations relating to Yunji’s industry, and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Yunji’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 Yunji undertakes no obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact

Yunji Inc.
Investor Relations
Email: Yunji.IR@icrinc.com
Phone: +1 (646) 224-6957

ICR, LLC
Robin Yang
Email: Yunji.IR@icrinc.com
Phone: +1 (646) 224-6957

View original content:https://www.prnewswire.com/news-releases/yunji-has-regained-compliance-with-nasdaqs-minimum-bid-price-requirement-302262189.html

SOURCE Yunji Inc.

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BRYTESIGHT Celebrates Five Years of Empowering Innovation in Technology Consulting

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17 mins ago

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October 13, 2024

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BRYTESIGHT, a trailblazing technology and design consulting company, is elated to announce its five-year anniversary and new website launch.

FLOWER MOUND, Texas, Oct. 13, 2024 /PRNewswire-PRWeb/ — BRYTESIGHT, a trailblazing technology and design consulting company, is elated to announce its five-year anniversary. Since its inception in 2019, BRYTESIGHT has delivered cutting-edge solutions that have revolutionized buildings one project at a time.

Over the past five years, BRYTESIGHT has carved a niche as a leader in comprehensive full-service technology consulting and design.

Over the past five years, BRYTESIGHT has carved a niche as a leader in comprehensive full-service technology consulting and design. As the go-to technology consultant, BRYTESIGHT provides design, procurement, implementation oversight, and project management for facility and construction projects.

“There isn’t another company out there like BRYTESIGHT, in terms of the expanse of our expertise and service capabilities,” said Billy Assell, CEO. “BRYTESIGHT is dedicated to continuously staying on top of the most innovative approaches to technology to ensure success is maximized and potential is reached.”

BRYTESIGHT has been committed to fostering a culture of innovation and adaptability. By embracing emerging technologies and staying ahead of trends, the company has consistently delivered solutions that ensure clients’ critical technology needs are fully understood and holistically integrated within the overall design and intent of their facilities. BRYTESIGHT’S diverse portfolio showcases a range of successful projects, including some high-profile clients like Vestis, the Big 12 Conference, and the University of Missouri.

“Most of our clients and partners are very anxious about technology because they aren’t as familiar with it, and it’s always changing,” said Randy Shaw, Sales Director. “We give people peace of mind that our bright-minded team has the technology expertise today, to best position your business and your real estate projects for a successful tomorrow.”

As part of the anniversary celebrations, BRYTESIGHT has launched a new website showcasing the team, their services, and some of their top projects over the past five years. Head to brytesight.com to learn more.

Based out of Flower Mound, Texas, BRYTESIGHT is a comprehensive full-service technology consultant and design firm serving companies not only in the US but internationally as well!

Media Contact

Kara Brown, BRYTESIGHT, 1 888.207.3449, kara.brown@brytesight.com, https://brytesight.com/

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View original content:https://www.prweb.com/releases/brytesight-celebrates-five-years-of-empowering-innovation-in-technology-consulting-302274404.html

SOURCE BRYTESIGHT

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NASA Welcomes Estonia as Newest Artemis Accords Signatory

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17 mins ago

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October 13, 2024

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WASHINGTON, Oct. 13, 2024 /PRNewswire/ — While in Milan for international meetings, NASA Administrator Bill Nelson was among the witnesses as Estonia signed the Artemis Accords and became the 45th nation to join the United States and other signatories agreeing to the safe, transparent, and responsible exploration of the Moon, Mars, and beyond.

The signing ceremony took place ahead of Italy hosting the 75th International Astronautical Congress beginning Monday, Oct. 14, where government and space officials from signatory countries will discuss advancing implementation of the Artemis Accords, among other topics.

“We welcome Estonia’s signing of the Artemis Accords, which will open the door for more international collaboration,” said Nelson. “This decision also strengthens our family of nations, united by a common cause, and builds on our commitment to explore space for the benefit of humanity under the sound principles of the accords.”

Erkki Keldo, Estonia’s minister of economy and industry, signed the Artemis Accords. Rahima Kandahari, deputy assistant secretary for the U.S. State Department and Lisa Campbell, CSA (Canadian Space Agency) president, also participated in the event.

“Estonia is well known as the leading country in e-governance, and it is a great honor for us to enter a next level in space exploration,” said Keldo. “We are more than interested to share our knowledge with the global space community to make future collaboration in space exploration a success for humankind. I am sure that joining the Artemis Accords will open attractive opportunities to Estonian enterprises too, to share their valuable knowledge and competences.”

In 2020, the United States and seven other nations were the first to sign the Artemis Accords, which identified an early set of principles promoting the beneficial use of space for humanity. The accords are grounded in the Outer Space Treaty and other agreements including the Registration Convention, the Rescue and Return Agreement, as well as best practices and norms of responsible behavior that NASA and its partners have supported, including the public release of scientific data. 

The commitments of the Artemis Accords and efforts by the signatories to advance implementation of these principles support the safe and sustainable exploration of space. More countries are expected to sign in the coming weeks and months.

Learn more about the Artemis Accords at:

https://www.nasa.gov/artemis-accords/  

View original content to download multimedia:https://www.prnewswire.com/news-releases/nasa-welcomes-estonia-as-newest-artemis-accords-signatory-302274574.html

SOURCE NASA

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CollectorZown.com Celebrates Milestones and Exciting Upcoming Events: Meet Marcos at New York Comic Con, Join the YouTube Celebration, and Prepare for STATUECON 2025

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17 mins ago

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October 13, 2024

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CollectorZown.com is excited to announce their participation at New York Comic Con from October 17-20, 2024, where Marcos will be at booth #3405 with Premium Collectible Studios to connect with fans and showcase new collectibles. The company recently surpassed 10,000 subscribers on their YouTube channel and is celebrating with a special giveaway, alongside a collaboration with the All Things Art YouTube channel for a Penguin Premium Format Statue giveaway. Planning is already in progress for STATUECON 2025, set for August 7-10, 2025, promising another memorable event for collectors.

SAINT JOSEPH, Mich., Oct. 13, 2024 /PRNewswire-PRWeb/ — CollectorZown.com, a leading online retailer of high-quality collectibles and statues, is thrilled to announce a series of exciting events and milestones as the company continues to grow its presence within the collecting community. With appearances at major conventions, new milestones on YouTube, and planning well underway for their signature event, STATUECON 2025, the team at CollectorZown is more committed than ever to bringing the best of pop culture collectibles to their fans.

Marcos, the passionate co-founder of CollectorZown, will be attending New York Comic Con from October 17-20, 2024, at booth #3405. Marcos will be teaming up with Premium Collectible Studios (PCS) to showcase an incredible selection of collectible statues and figures.

Meet Marcos from CollectorZown at New York Comic Con

Marcos, the passionate co-founder of CollectorZown, will be attending New York Comic Con from October 17-20, 2024, at booth #3405. Marcos will be teaming up with Premium Collectible Studios (PCS) to showcase an incredible selection of collectible statues and figures. This booth will be a must-visit for collectors and fans eager to see some of the most impressive pieces available from Premium Collectible Studios (PCS). Marcos is looking forward to connecting with the collecting community, sharing insights about upcoming releases, and hearing directly from fans. Be sure to stop by booth #3405 to meet Marcos, get a close look at the latest PCS offerings, and talk all things collectibles!

YouTube Success and Celebratory Giveaways

CollectorZown has recently reached a major milestone—surpassing 10,000 subscribers on their YouTube channel! This accomplishment reflects the dedication of both the team and their loyal community of collectors. To celebrate, CollectorZown is hosting a special giveaway with some fantastic prizes. Fans can find all the details and enter the giveaway by visiting https://www.collectorzown.com/pages/YouTube-10k-Giveaway. In addition, CollectorZown is partnering with the popular YouTube channel *All Things Art* to celebrate breaking 100k subscribers with a Penguin Premium Format Statue giveaway. This collaboration promises to bring even more excitement and opportunities for fans. More information on the giveaway can be found on the All Things Art channel at https://www.youtube.com/watch?v=SfFhk30pqaE.

Planning Underway for STATUECON 2025

CollectorZown is also excited to announce that planning for STATUECON 2025 is already well underway. This highly anticipated event, set to take place from August 7-10, 2025, will bring together collectors, creators, and fans from around the world for a celebration of the art and passion behind collectible statues. STATUECON has become a key date on the calendar for the collecting community, offering exclusive previews, interactive panels, and a chance to connect with fellow fans and industry experts. Marcos and the entire team at CollectorZown are looking forward to welcoming fans to another unforgettable experience at STATUECON 2025.

About CollectorZown.com

CollectorZown.com is a premier destination for collectors, offering an extensive range of high-quality statues, figures, and limited-edition collectibles from beloved franchises. With a deep passion for the art of collecting and a commitment to exceptional customer service, CollectorZown has built a vibrant community of fans and collectors. Through their hands on approach, exclusive releases, and engaging content, the company aims to provide fans with access to the collectibles they love while fostering a welcoming community for all.

For more information about CollectorZown, their upcoming events, or their latest collectibles, visit www.collectorzown.com or follow them on YouTube at www.youtube.com/@CollectorZown.

Media Contact

Marcos Matijevic, CollectorZown, 1 2483904537, collectorzown@gmail.com, www.collectorzown.com

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SOURCE CollectorZown

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