NANPING, China, April 13,
2022 /PRNewswire/ -- Happiness Development Group
Limited ("HAPP" or the "Company"), (NASDAQ: HAPP) an emerging
and diversified company engaging in the business of production and
sale of nutraceutical and dietary supplements, providing e-commerce
sales and marketing solutions, and the sales of automobile
today announced that the Company has donated RMB 200,000 worth of anti-epidemic
materials such as alcohol disinfectant and RMB 30,000 worth of vegetables to Minhang
District, Shanghai to battle
COVID-19.
"At this difficult time, the whole society is making efforts to
fight the epidemic. As a listed company, we hope to make our own
contribution to this battle. This batch of materials has arrived
Minhang District, we hope the epidemic will end soon," said Mr.
Xuezhu Wang, CEO of the Company.
About Happiness Development Group Limited
Headquartered in Nanping, China, Happiness Development Group Limited
currently has three business lines: nutraceutical and dietary
supplements, e-commerce and automobile sales. The nutrition and
dietary supplements business is focusing on the research,
development, manufacture and marketing of various products made
from Chinese herbal extracts and other ingredients. Our e-commerce
business focuses on offering e-commerce solutions, including
advertising and information technology services to small and
medium-sized enterprises in China.
We also run our online stores which carries our products of dietary
supplements and other selected products sourced from the small and
medium-sized enterprises in China.
Our mission for the e-commerce business is to enable small and
medium-sized enterprises to fully leverage the power of e-commerce
to grow rapidly. Our automobile sales adopts B2B business model and
is committed to optimizing the automobile supply chain by offering
standardized vehicle sources on our automobile online sales
platform and providing secure transaction environment, automobile
procurement and financial services for automobile manufacturers.
For more information, please visit: www.happ.org.cn
Forward-Looking Statements
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate" or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements. Forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the occurrence of any event, change or other
circumstances that could give rise to the terms of the Agreement
not hereafter being memorialized in a definitive agreement; the
outcome of any legal proceedings that have been, or will be,
instituted against the Company or other parties to the Agreement
following announcement of the Agreement and transactions
contemplated therein; the inability to complete the transactions
contemplated by the Agreement due to unsatisfied closing
conditions; risks that the proposed transaction disrupts current
plans and operations as a result of the announcement of the
Agreement and consummation of the transaction described therein;
costs related to the proposed transactions contemplated by the
Agreement; changes in applicable laws or regulations; and other
risks and uncertainties described herein, as well as those risks
and uncertainties contained in reports filed by the Company with
the Securities and Exchange Commission. For these reasons, among
others, investors are cautioned not to place undue reliance upon
any forward-looking statements in this press release. Additional
factors are discussed in the Company's filings with the U.S.
Securities and Exchange Commission, which are available for review
at www.sec.gov. The Company undertakes no obligation to publicly
revise these forward-looking statements to reflect events or
circumstances that arise after the date hereof.
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SOURCE Happiness Development Group Limited
