HONG KONG, CHINA / ACCESSWIRE / September 29, 2017 / Takung Art Co., Ltd. (NYSE American: TKAT) ("Takung" or the "Company"), an online trading platform that facilitates art collectors and art-interested investors to obtain and trade shared ownership units in Asian and international fine arts, announced today the successful completion of two artist promotion events for its Takung Online platform.
The first event, "double quotes," was Takung's first art exhibition to promote two young, up-and-coming artists that have listed artwork on its e-commerce platform, Takung Online. The exhibition, held from September second through the sixth at the 52 space in Hangzhou, China's West Lake district, also marked the beginning of Takung Online's artist promotional services.
The second event, the 11th annual Hangzhou Cultural & Creative Industry Expo, was held from September 21st through the 25th. More than 200,000 guests attended the expo, which took place on over 100,000 square meters of exposition space and featured more than 2,000 exhibitors. Artist Qiyao 77 represented Takung Online, and through her exhibit, Takung had the opportunity to showcase its brand and platform.
Chairman and CEO of Takung Mr. Di Xiao commented, "We are pleased with the results of the 'double quotes' art exhibition, which was the first time that Takung Online offered its promotion services to promote artists who have listed artwork on the platform. Over the five days of the exhibition, we drew thousands of guests, and the exhibition was featured by several local and national media outlets.
"We were also pleased with artist Qiyao 77's participation in the Hangzhou Cultural & Creative Industry Expo. We were able to help her promote her participation in the expo, and she ultimately received more than 10,000 visitors and sold 68 pieces of artwork."
Takung Online's artist promotion service is available to all artists on the platform as part of its services.
"We believe this service is especially attractive to young artists, who are drawn to Takung because of its reputation for quality artwork and e-commerce capabilities. These artists' fan bases are also young and interested in buying artwork from e-commerce sites such as Takung Online, and with the platform's promotional services, we will be able to attract more fans and customers, which draw in even more artists, their fans, and their customers. We look forward to future engagements with our listed artists and believe that Takung Online's high-quality listings, as well as our ability to deliver a combination of online and offline promotions, differentiate us from other e-commerce platforms while helping drive Takung's long-term growth," Mr. Xiao concluded.
About Takung Art Co., Ltd.
Takung Art Co., Ltd. operates a unique, proprietary online trading platform which facilitates art collectors and art-interested investors to gain and trade shared ownerships in Asian and international fine arts. Takung is headquartered in Hong Kong and operates primarily in Hong Kong through our direct wholly-owned subsidiary HongKong Takung Assets and Equity of Artworks Exchange Co. Ltd. and its two wholly-owned subsidiaries in Shanghai and Tianjin that facilitate service and support to its PRC-based traders on the Company's platform. The Company's online trading platform which converts the ownership of artworks into ownership units, enables China's growing middle class to invest in fine art as an investment opportunity. For more information, please visit the Company's website: http://ir.takungart.com. The Company routinely posts important information on its website.
This press release may contain projections or other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
Takung Art Co., Ltd.
Mr. Leslie Chow
Phone: +852 31580977
SOURCE: Takung Art Co., Ltd.
Released September 29, 2017