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SSLJ.com Ltd (SSLJ.OQ)

SSLJ.OQ on NASDAQ Stock Exchange Capital Market

4.00USD
4:00pm EDT
Change (% chg)

$0.76 (+23.46%)
Prev Close
$3.24
Open
$3.25
Day's High
$4.17
Day's Low
$3.20
Volume
254,251
Avg. Vol
23,650
52-wk High
$23.95
52-wk Low
$1.25

Latest Key Developments (Source: Significant Developments)

SSLJ.Com Ltd Says On April 1, Co Effected A One-For-Five Reverse Stock Split Of Its Ordinary Shares
Thursday, 4 Apr 2019 06:31pm EDT 

April 4 (Reuters) - SSLJ.com Ltd ::SSLJ.COM LTD - ON APRIL 1, 2019, THE COMPANY EFFECTED A ONE-FOR-FIVE REVERSE STOCK SPLIT OF ITS ORDINARY SHARES.SSLJ.COM LTD - EXPECTS CO’S ORDINARY SHARES WILL OPEN FOR TRADING ON THE NASDAQ CAPITAL MARKET ON OR ABOUT APRIL 5, 2019, ON A POST-SPLIT BASIS.  Full Article

SSLJ.com Announces Resignation Of CEO Warren Wang And Appointment Of His Replacement Xinyu Yang
Wednesday, 6 Mar 2019 08:00pm EST 

March 6 (Reuters) - SSLJ.com Ltd ::SSLJ.COM LIMITED ANNOUNCES CHANGES TO BOARD COMPOSITION, APPOINTMENT OF NEW CEO, AND ENTRY INTO CERTAIN MATERIAL AGREEMENTS.<- ANNOUNCED RESIGNATION OF ITS CHAIRMAN AND CEO, MR. WARREN WANG, AND APPOINTMENT OF HIS REPLACEMENT, MR. XINYU YANG.ALSO ANNOUNCED ENTRY BY CO AND CERTAIN PARTIES INTO A NON-BINDING LETTER OF INTENT TO ACQUIRE CONTROLLING RIGHTS IN YUNGU.WILL ACQUIRE CONTROLLING RIGHTS IN YUNGU IN EXCHANGE FOR ISSUANCE OF NEW CLASS A ORDINARY SHARES OF CO.TRANSACTION WOULD RESULT IN CO DISPOSING OF ITS CURRENT BUSINESS AND ACQUIRING BUSINESS OF YUNGU.WILL ALSO PAY CASH CONSIDERATION OF UP TO $1.1 MILLION TO ACQUIRE CONTROLLING RIGHTS IN YUNGU.SSLJ.COM- CO'S CURRENT ASSETS, LIABILITIES, DEBTS WILL BE TRANSFERRED & SOLD TO THIRD PARTY TO BE DESIGNATED BY MR. ZHENG FOR $200,000 IN CONSIDERATION.SSLJ.COM - PURSUANT TO SUCH LOI, MR. ZHENG HAS GRANTED AN IRREVOCABLE VOTING PROXY APPOINTING MR. YANG AS SOLE VOTING PROXY OF ZHENG'S SHARES IN CO.ALSO CONTEMPLATED THAT, IN CONNECTION WITH YUNGU TRANSACTION, COMPANY WILL UNDERTAKE A REVERSE STOCK SPLIT AT A RATIO TO BE DETERMINED.  Full Article

SSLJ Plans To Take Appropriate Measures After Receiving The 180-Day Nasdaq Deficiency Notice
Tuesday, 23 Oct 2018 05:15pm EDT 

Oct 23 (Reuters) - SSLJ.com Ltd ::SSLJ PLANS TO TAKE APPROPRIATE MEASURES AFTER RECEIVING THE 180-DAY NASDAQ DEFICIENCY NOTICE.SSLJ.COM LTD - CO HAS UNTIL APRIL 15, 2019 TO REGAIN COMPLIANCE WITH NASDAQ'S CONTINUED LISTING REQUIREMENTS.  Full Article

SSLJ.Com Sees No Direct Impact from Potential Liquidation Of Leju Fortune
Friday, 27 Jul 2018 11:05am EDT 

July 27 (Reuters) - SSLJ.com Ltd ::SSLJ.COM - POTENTIAL LIQUIDATION OF LEJU FORTUNE EXPECTED TO HAVE NO DIRECT IMPACT ON CO'S OPERATIONS, FINANCIAL RESULTS - SEC FILING.SSLJ.COM - CO, LEJU FORTUNE ARE TWO SEPARATE LEGAL ENTITIES WITH DISTINCT BUSINESSES AND OPERATIONS.  Full Article

SSLJ.com Limited Appoints Jianbao Li As CEO And Chairman
Thursday, 12 Jul 2018 01:30pm EDT 

July 12 (Reuters) - SSLJ.com Ltd ::SSLJ.COM LIMITED APPOINTS MR. JIANBAO LI AS CEO AND CHAIRMAN.SSLJ.COM LTD - WEI ZHENG HAS DECIDED TO RESIGN FROM HIS POSITIONS AS CHIEF EXECUTIVE OFFICER AND CHAIRMAN.  Full Article

SSLJ.com Ltd Secures $159 Mln Credit Line From Hubei Sanxia Rural Commercial Bank Intended For Working Capital
Friday, 20 Apr 2018 09:00am EDT 

April 20 (Reuters) - SSLJ.com Ltd ::SSLJ.COM LIMITED SECURES USD159 MILLION CREDIT LINE FROM HUBEI SANXIA RURAL COMMERCIAL BANK INTENDED FOR WORKING CAPITAL.SSLJ.COM LTD - ENTERED INTO STRATEGIC COOPERATION AGREEMENT WITH HSRCB ON APRIL 16, 2018.SSLJ.COM LTD - RECEIVED A CREDIT LINE OF UP TO RMB1 BILLION (APPROXIMATELY USD159 MILLION) FROM HUBEI SANXIA RURAL COMMERCIAL BANK CO. LTD.  Full Article

SSLJ.Com Limited FY Revenue $16.32 Million
Tuesday, 17 Apr 2018 04:30pm EDT 

April 17 (Reuters) - SSLJ.com Ltd ::SSLJ.COM LIMITED REPORTS FISCAL YEAR 2017 FINANCIAL RESULTS.SSLJ.COM LTD - REVENUES INCREASED BY 201.1% TO $16.32 MILLION FOR FISCAL YEAR ENDED DECEMBER 31, 2017 FROM $5.42 MILLION FOR SAME PERIOD OF LAST YEAR.SSLJ.COM LTD - NET LOSSES ATTRIBUTABLE TO SSLJ WERE $0.59 PER BASIC AND DILUTED SHAREFOR FISCAL YEAR ENDED DECEMBER 31, 2017.  Full Article

SSLJ.com Limited Enters Into Agreement With JD.com For Market Expansion
Tuesday, 6 Feb 2018 09:30am EST 

Feb 6 (Reuters) - SSLJ.com Limited : :SSLJ.COM LIMITED ENTERS INTO STRATEGIC COOPERATION AGREEMENT WITH JD.COM FOR MARKET EXPANSION.SSLJ.COM LIMITED SAYS CO SHALL INVEST A CERTAIN AMOUNT OF MONEY IN PLATFORM OF JD FOR ADVERTISING​.SSLJ.COM LIMITED SAYS SSLJ IS EXPECTED TO DISTRIBUTE OWN PRODUCTS THROUGH JD'S PLATFORM AND HAVE COOPERATION WITH JD IN THE FIELD OF SMART HOMES.SSLJ.COM - ‍PURSUANT TO AGREEMENT, SSLJ AND JD AGREE TO CARRY OUT BUSINESS COOPERATION NATIONWIDE ​.SSLJ.COM LIMITED SAYS AS CONSIDERATION, CO HAS PRIORITY TO DISTRIBUTE ITS 2018 NEW PRODUCTS ON JD'S PLATFORM.  Full Article

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