TD Holdings, Inc. Completes Acquisition of Digital Cloud Warehouse Software Copyrights in Commodity Storage
SHENZHEN, China, June 30, 2021 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider in China, today announced that its subsidiary Tongdow (Hainan) Data Technology Co., Ltd. ("Tongdow Hainan") has completed the acquisition of eight software copyrights for commodities storage in digital cloud warehousing. The Company previously announced on February 17, 2021 that Tongdow Hainan entered into a letter of intent with Yunfeihu IoT Co., Ltd. ("Yunfeihu") and Tongdow E-commerce Group Co., Ltd. ("Tongdow E-commerce") to acquire the copyrights. The ownership of software copyrights has now been fully transferred to Tongdow Hainan, which marks the