Subject: CIIX Provides Exciting Update on Several Fronts for its Shareholders and Potential Investors

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CIIX Provides Exciting Update on Several Fronts for its Shareholders and Potential Investors
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Company: (OTCQB: CIIX)


Price: 0.54

Change (%): + 0.02 (3.85)

Volume: 17,896
CIIX Chart, Inc. Announces the Expansion of Its Cryptocurrency and Blockchain Technology Media and Internet Education Business into China, Establishing a New Wholly Owned Foreign Enterprise, Digital Media Technology Ltd (Shanghai)

SAN GABRIEL, California, April 23, 2018 /PRNewswire/ - Inc. (OTCQB: CIIX) (“CIIX” or the “Company”), the premier financial information website for Chinese-speaking investors, today announces the expansion of its cryptocurrency and blockchain technology media and internet education business into China. In April 2018, the Company established a wholly owned foreign enterprise, Digital Media Technology Ltd (Shanghai), registered in China Free Trade Zone with registered capital of 10M RMB.

The Company’s United States counterpart, established in November 2017, headquartered in New York City at 40 Wall Street in the Trump Building, currently staffs 5 editorial reporters. According to the Company’s CEO, Warren Wang, “In the coming year, we anticipate hiring 10-15 additional editors in Shanghai to work in conjunction with the New York and Los Angeles editors to provide 24/7 coverage of the latest global cryptocurrency and blockchain industry developments and trends.”

Most recently, the Company appointed Serena Ma as its new Editor-in-Chief in the New York office. Ma earned her Bachelor’s degree in journalism and economics in China and went on to obtain a Masters in journalism from Indiana University in 2012. Ma previously worked as Senior Editor for People’s Daily English in downtown Los Angeles, California.

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