ZZLL Information Technology Inc (ZZLL)

[Zexcaliber]

Old news but at least something

ZZLL Provides Corporate Update
Press Release | 01/21/2020
HONG KONG, CHINA / ACCESSWIRE / January 21, 2020 / ZZLL Information Technology Inc. ("ZZLL" or the "Company") (OTCQB:ZZLL), is pleased to provide an update on corporate operations.

As mentioned in its filing with the Securities and Exchange Commission on September 26, 2019 Syndicore Asia Limited ("SAL"), a corporation incorporated and existing under the laws of Hong Kong, and a wholly owned subsidiary of ZZLL Information Technology, Inc. entered into an Agreement with Pretech International Co., Limited ("Pretech"), a company incorporated under the laws of Hong Kong. Under the terms of the Agreement, Pretech agreed to act as SAL's sales agent in order to make sales using SAL's software application ("App") Bibishengjia ("BBSJ"). In addition, the Company will provide Technical, System, Security and Maintenance support.

The BBSJ App was launched in June, 2019 by SAL's Wholly Foreign-Owned Enterprise ("WFOE") in China, Hunan Syndicore Asia Limited ("HSAL") and utilizes AI big data technology to effectively integrate and realize the resource advantages of "industry + merchant + consumer" alliance and optimize traditional information trading operation activities to create a new business ecosystem. The App already has over 1.7 million active users.

BBSJ uses its data and user information in its "BizLink AI Commercial Big Data" ("BizLink") center to collect and share its B2B analysis for precise API and SEO for enterprises to obtain consumer preferences, optimize product supply chains, and analyze industry big data. B2C users can shop to save money and are both buyers and recommenders.

"We are pleased to continue our corporate development initiatives, with the continued rollout and development of our BBSJ App," said Yanfei Tang the CEO of ZZLL. She added, "We are encouraged by its initial success and our agreement with Pretech, and we hope to also launch further platforms soon to target different segments of the online market within China and internationally."