BEIJING, Dec. 17, 2024 — Cheer Holding, Inc. (NASDAQ: CHR), a leading provider of advanced mobile internet infrastructure and platform services, received the “Best Chinese Stock for Value Investment” Award at the 9th Zhitong Finance Capital Market Annual Conference and Listed Company Award Ceremony. This event was jointly hosted by Zhitong Finance, RoyalFlush, and Xinzhi Fund Network—prominent Hong Kong and U.S. stock information and private equity platforms.
This award recognizes U.S.-listed companies exhibiting strong business models, stable market positions, sound operations, innovation, and a commitment to social responsibility through superior products and services. The accolade underscores Cheer Holding’s ongoing innovation and significant industry recognition from investment firms.
Given the current complex global economic climate and shifting monetary policies, global investor interest in Chinese assets is rising. The Annual Conference, themed “Focus on Chinese Assets, Breakthrough 2025,” gathered leading financial institutions, economists, and investors to evaluate Hong Kong and U.S.-listed Chinese companies. Its selections are considered influential indicators for investors.
About Cheer Holding, Inc.
Cheer Holding is a major provider of next-generation mobile internet infrastructure and platform services in China. It aims to create a comprehensive digital ecosystem integrating platforms, applications, technology, and industry to foster a new, open Web3.0 environment leveraging AI. The Company is developing a 5G+VR+AR+AI shared universe leveraging blockchain, cloud computing, extended reality, and digital twin technologies.
Cheer Holding offers a diverse product and service portfolio, including CHEERS Telepathy, CHEERS Video, CHEERS e-Mall, CHEERS Open Data, CheerReal, CheerCar, CheerChat, Polaris Intelligent Cloud, AI-animated short dramas, short video content, variety shows, and livestreaming. These offerings create varied online and offline, virtual and real-world applications.
Centered on its “CHEERS+” digital ecosystem, Cheer Holding uses innovative applications and technologies to drive sustainable, scalable growth.
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Safe Harbor Statement
This release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words such as “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” and “propose,” and their variations, identify these statements. These statements are not guarantees of future performance and involve risks and uncertainties. Factors that could materially affect results include: managing growth; integrating acquisitions; securing future financing; economic conditions; profitability; litigation; regulatory changes; pandemics; events affecting metaverse development; success in new business lines; business interruptions; and other economic or competitive factors. See the Company’s SEC filings, including its Form 20-F filed March 14, 2024, for further details. The Company does not undertake to update forward-looking statements except as required by law.
For investor and media inquiries, please contact:
Wealth Financial Services LLC
Connie Kang, Partner
Email:
Tel: +86 1381 185 7742 (CN)
