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SHANGHAI July 2, 2018 / PRNewswire / – Acorn International, Inc. (NYSE: ATV) ("Acorn" or the "Society") celebrates its 20 th Co-founded in 1998 by the Executive Chairman Robert Roche The company of Acorn was originally focused on the direct sale of various consumer products in Beijing and quickly extended to cover the whole continent China . Acorn has a strong track record in the development and promotion of trusted brands in China including its popular Babaka posture correction products, its Youngleda oxygen generator products, its Yierjian fitness products. and his Aoya cosmetics. For much of its history, Acorn has focused on marketing and branding its branded products through direct sales to television and was at one time the largest operator of direct sale of television in 19459003 China . After a decline in direct TV sales activity that began in 2014 and was precipitated by regulatory changes in China Acorn's focus is on the turnaround of the 39; company. It has focused on the profitable growth of some of its traditional brands, with a focus on e-commerce, while streamlining operations, reducing overhead costs and selling non-core assets for profit. of an active model. Today, Acorn incubates new business units such as Acorn Fresh and Acorn Entertainment, which target attractive markets in 1945. China "Over the last 20 years, Acorn has built well-known brands in […] China and market them directly to consumers, "said Executive Chairman Robert Roche ." We successfully ran our business through a number of challenges and continue to make progress in the revitalization of the company. "
" By shaping Acorn for the future, we remain true to our past by leveraging our key marketing and branding strengths. , responding to the needs of Chinese consumers and offering attractive and high-quality brands and products. " Jacob A. Fisch CEO and Chairman of Acorn" We are working hard to grow our business we are optimistic about the prospects of our new business units, Acorn Fresh and Acorn Entertainment, in the future. We continue to focus on our mission statement, which is highlighted in a of our main conference rooms: "Bringing the best of the world directly to the Chinese consumer." »
About Acorn International, Inc.
Co-founded in 1998 by the Executive Chairman Robert Roche Acorn is a marketing and branding company China which has a proven track record in the development, promotion and sale of a diversified portfolio of exclusive brand products as well as promising new and established products. . Its business currently consists of two main divisions, its direct sales platforms and its distribution network. For more information visit www.acorninternationalir.com
Safe Harbor Declaration
This press release contains forward-looking statements. These statements constitute forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the Private Securities Litigation Reform Act of 1995. These statements Prospects may be identified by terminology such as "plans", "estimates", "estimates", "expects", "future", "going forward", "intends", " outlook "," plans "," target "," will "," potential "," and similar statements.These statements are based on current management's expectations and current market and operating conditions, and relate to events involving known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, may cause the actual results, performance or achievements of the Company to occur. differ significantly from those of the statements Forward-looking statements regarding these risks, uncertainties or other factors are included in the Company's filings with the US Securities and Exchange Commission. The Company assumes no obligation to update forward-looking statements as a result of new information, future events or otherwise, except as required by law.
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