TD Holdings, Inc. Reports First Quarter 2020 Financial Results
TD Holdings, Inc. (GLG)
Company Research
Source: PR Newswire
BEIJING, June 26, 2020 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a used luxurious car rental and commodities trading service provider in China today announced its financial results for the three months ended March 31, 2020.The Company started to operate its current used luxurious car leasing business in China, after it disposed its direct loans, loan guarantees and financial leasing services in July 2018, and began to operate commodities trading business in China in November 2019. In January 2020, we changed the Company's name to TD Holdings, Inc., which better represents our current focus on the new commodities trading business. The letter "T" in the name representing the Chinese character for "Bronze," indicating the Company's focus on the commodities trading business, and particularly on the trading of nonferrous metals such as bronze as the main direction of the Company's business in the future.Mrs. Renmei Ouyang, the Chief Executive Officer of the Company,
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