(Nasdaq: MDJH) Profile

OUR NEW PROFILE IS:   (NASDAQ: MDJH)

MDJM Issues Letter to Shareholders Regarding Updates on Global Expansion and Acquisition of Historic Properties, Focusing on Long-Term Growth and Value Creation

Yahoo Finance has the Entire Float at just 1.46 Million

______________

Hello Everyone,

MDJH is as an emerging, integrated real estate services company in China, through their variable interest entity which they control via contractual arrangements, Mingdajiahe (Tianjin) Co., Ltd. (“Mingda Tianjin”).

Mingda Tianjin started offering primary real estate agency services in 2002. It primarily provides primary real estate agency services to its real estate developer clients, and provide, on an as-needed basis, real estate consulting services, and independent training services. Currently, Mingda Tianjin’s primary market is in the Tianjin Autonomous Municipality, one of the richest cities in the PRC, ranking seventh in the PRC based upon GDP per capita in 2020, according to China Statistical Yearbook. Since 2014, Mingda Tianjin has expanded its market presence to other first and second tier cities in China including Chengdu of Sichuan province, and Suzhou of Jiangsu province.

Their primary real estate agency services offerings include providing primary agency sales services to residential real estate developers at any stages of the development and sale of a residential real estate project.

Since their inception in 2002, they have been engaged in the sale of 74 unique residential real estate projects, with 58 projects reaching 100% sales completion status as of December 31, 2021.

While they expect the exclusive sales agent arrangements to continue to be the main part of their business, since 2016 they have strategically bid on and won real estate projects as co-sale agents, where they collaborate with other primary agency sales service providers to act as co-agents in a sale.

They also provide, on an as-needed basis, real estate consulting services with respect to any stages or a combination of stages of the development and sale of a residential real estate project. Types of real estate consulting services that the PRC operating entities are capable of providing include consulting, marketing strategy planning and strategy, and advertising services and sales strategies. They provide stand-alone real estate consulting services to clients based upon a consulting service plan we created that tailors to each client’s specific challenges and needs.

For their independent training services, they are engaged by existing or prior real estate developer clients to provide independent third-party training services to the primary agency sales agents the developers have engaged.

Their UK subsidiaries, MD UK and Mansions Estate, commenced operations in August 2021. Mansions Estate engages in asset management business and expects to provide comprehensive UK real estate-related services, including property leasing, property sales, furnishings, routine property maintenance and management, and hospitality and butler services to overseas real estate owners. Mansions Estate implements customized management plans holistically curtailed to the needs of its real estate owner clients. It facilitates a variety of ancillary services, including its real estate marketing and planning services, real estate agency services, advertisement planning services, 24-7 multilingual customer service meeting the demand of an international market, and professional onsite butler team.

MDJM Issues Letter to Shareholders Regarding Updates on Global Expansion and Acquisition of Historic Properties, Focusing on Long-Term Growth and Value Creation

LETHAM, Scotland , Feb. 21, 2023 /PRNewswire/ — MDJM LTD (Nasdaq: MDJH) (the “Company” or “MDJM”), an integrated global culture-driven asset management company, today issued a letter to shareholder from its Chairman and CEO, Siping Xu, providing a corporate update regarding its global business transformation and long-term growth and vision prospects.

Dear Shareholders:

Since our successful listing on the Nasdaq market, we have committed to focusing on MDJM’s operational growth. Taking advantages of favorable capital market platform, we have set our sights on the UK market in 2021 as the first stop of our global expansion. We have transformed our focus to center around cultural operations, historical asset acquisitions, cultural tourism and education industries to promote unique cultural heritage of different civilizations while further increasing our services offerings and competitive strength. With our headquarter now located in the United Kingdom, we are specifically targeting properties with a rich historical and cultural background and positioning MDJM as an integrated global culture-driven asset management company. We aim to achieve standardized management and operation of our new development through cultural hotel operations, quality localized food and beverage development, and the launch of other cultural tourism services projects.

Recent Acquisitions

Fernie Castle

In August 2022, we entered into agreement to purchase Fernie Castle which serves as our new headquarter for our business in iconic assets. The Fernie Castle Hotel, located in the heart of Fife, Scotland, is situated in 17 acres of woodlands with its own lochan. Fernie Castle has hundreds of years of history and was passed to the Fernies in the 15th century. The renovation at Fernie Castle is currently underway, and is scheduled to open to the public this year. Our target is to offer consumers and tourists cultural experiencing specialty hotel services, catering services, private parties, and castle wedding services. We will continue our effects to maximize the castle’s unique historical and cultural value through branding and other strategic initiatives.

The Robin Hill Property

In December 2022, we entered into agreement to purchase Robin Hill and the Villa. Originally built in 1896 as a Gentleman’s Residence, the elegant Robin Hill Hotel maintains much of its Victorian Charm, sits atop Braddons Hill, offers quality and a range of creature comforts in a central location, and provides the perfect base to Torquay town centre, harbour, marina and sea front. Torquay is a seaside resort town on the English Channel in Devon, southwest England. The Robin Hill Property has completed the property handover and renovations, and target to open to public in March 2023. We plan to make Robin Hill Hotel one of the most distinctive buildings in the local area.

Long-term Growth and Visions

With our unique investment perspective, mature and compliant acquisition processes, and strong team communication capabilities, we have acquired several properties with significant cultural value and historical meaning. Our five-year vision is to continue exploring and developing high-quality historical and cultural properties by combining modern digital technology with our historical properties to create unique assets that have both historical and contemporary practical value. Our goal is to expand our unique cultural transmission and commercial services worldwide, with a focus on Europe and beyond.

As part of our globalization strategy, we leverage the cultural and historical value of our properties to create a distinctive and local tourism experience. We also use historical buildings as carriers to develop the cultural education industry, protecting, inheriting, and developing the inherent culture of different civilizations worldwide.

Cultural operations are central to our asset management approach. With over 20 years of experience in creating and operating cultural communities, our core team shares universal values and professional ideals, dedicated to preserving, inheriting, and developing the unique cultural heritage of different civilizations. We place great importance on combining modern civilization with historical context to innovate and promote the development of the cultural industry.

MDJM is rapidly expanding service capabilities and gaining a deep understanding of the evolving hospitability and asset management service market. We are taking steps to increase our services, capacities, and competitiveness through a multidimensional growth strategy and transforming to an integrated global and culture-driven asset management company. Throughout the remainder of 2023, we will maintain a relentless focus on our development opportunities in specialty hotels, tourism, and cultural markets in Europe and beyond. We will continue to seek acquisition opportunities for greater growth, market share, market influence, and profitability, and looks forward to furthering developments in the global cultural industry and our ongoing development in cultural asset management.

Sincerely,

Siping Xu
Chairman and CEO

NEWS

MANAGEMENT

Siping Xu – Chief Executive Officer, Chairman and Director

Mr. Siping Xu has been our Chief Executive Officer and Chairman of the Board since January 26, 2018. Mr. Xu has served as Mingda Tianjin’s Chairman of the Board since September 2015, as the general manager of Mingda Tianjin from September 2002 to August 2015, as a director of MD UK since October 2020, as a director of MD Japan since January 2022, and a director of MD German since February 2022. From May 1998 to December 2000, Mr. Xu worked in the Finance Department of Tianjin Tenglong Real Estate Co., Ltd. From January 2001 to August 2002, Mr. Xu served as the development manager for Tianjin Jiezuo Real Estate Co., Ltd. Mr. Xu holds a bachelor’s degree in accounting and computer management from Tianjin University, and a Master of Business Administration degree in International Business Management from IPAG Business School.

Mengnan Wang – Chief Financial Officer

Mr. Mengnan Wang has been our Chief Financial Officer since January 26, 2018, and the Chief Financial Officer and Chairman of the Supervisory Board of Mingda Tianjin since September 2015. Mr. Wang also served as a director of MD UK since October 2020, a director of MD Japan since January 2022, and a director of MD German since February 2022. From September 2002 to September 2015, Mr. Wang served as the Manager of Finance for Mingda Tianjin. In 2016, Mr. Wang obtained the certificate of ICMA. Mr. Wang is an experienced professional who has been working in the area of finance for 17 years. Mr. Wang holds a Bachelor’s degree in Computer Science from Tianjin University of Commerce Boustead College, and a Master of Business Administration degree in International Business Management from IPAG Business School.

Sincerely,

DISCLAIMER

THIS WEBSITE/NEWSLETTER IS A PUBLICATION OF ONE22 MEDIA, LLC, HEREIN REFERRED TO AS O22. O22’S REPORTS/RELEASES ARE A COMMERCIAL ADVERTISEMENT AND ARE FOR GENERAL INFORMATIONAL PURPOSES ONLY.O22 IS ENGAGED IN THE BUSINESS OF MARKETING AND ADVERTISING COMPANIES FOR MONETARY COMPENSATION.
WE HAVE NOT BEEN COMPENSATED IN ANY WAY FOR THIS PROFILE REGARDING MDJH.  WE DO NOT OWN ANY SHARES IN THE COMANY.
BY SUBSCRIBING TO OR OTHERWISE USING THIS WEBSITE/NEWSLETTER, YOU AGREE TO HOLD O22 AND ITS OPERATORS, OWNERS, AND EMPLOYEES HARMLESS AND TO COMPLETELY RELEASE THEM FROM ANY AND ALL LIABILITY DUE TO ANY AND ALL LOSS, DAMAGE, OR INJURY THAT YOU MAY INCUR, MONETARY OR OTHERWISE.
INVESTING IN MICRO-CAP AND GROWTH SECURITIES IS HIGHLY SPECULATIVE AND CARRIES AN EXTREMELY HIGH DEGREE OF RISK. NEVER INVEST IN ANY STOCK FEATURED ON O22’S SITE OR NEWSLETTER UNLESS YOU CAN AFFORD TO LOSE YOUR ENTIRE INVESTMENT. THE DISCLAIMER IS TO BE READ AND FULLY UNDERSTOOD BEFORE USING O22’S SERVICES, JOINING O22’S SITE OR EMAIL/BLOG LIST, OR FOLLOWING ANY SOCIAL NETWORKING PLATFORMS O22 MAY USE.
PLEASE NOTE WELL: O22 IS NOT A REGISTERED INVESTMENT ADVISOR, BROKER DEALER OR A MEMBER OF ANY ASSOCIATION FOR OTHER RESEARCH PROVIDERS IN ANY JURISDICTION WHATSOEVER. O22 IS NOT AFFILIATED WITH ANY EXCHANGE, ELECTRONIC QUOTATION SYSTEM, THE SECURITIES AND EXCHANGE COMMISSION, OR FINRA. NONE OF THE MATERIALS OR ADVERTISEMENTS HEREIN CONSTITUTE OFFERS OR SOLICITATIONS TO PURCHASE OR SELL SECURITIES OF THE COMPANIES PROFILED.
THE INFORMATION CONTAINED HEREIN IS BASED ON INFORMATION SUPPLIED BY THE COMPANIES PROFILED, PUBLICLY AVAILABLE INFORMATION, PRESS RELEASES, AND OTHER SOURCES WHICH O22 BELIEVES TO BE RELIABLE, BUT IS NOT GUARANTEED BY O22 AS BEING ACCURATE AND DOES NOT PURPORT TO BE A COMPLETE STATEMENT OR SUMMARY OF THE AVAILABLE DATA. O22 IS NOT RESPONSIBLE FOR ANY CLAIMS MADE BY THE COMPANIES PROFILED. INVESTORS SHOULD NOT RELY ON THE INFORMATION CONTAINED IN THIS WEBSITE/NEWSLETTER IN DECIDING TO INVEST OR MAKE OTHER FINANCIAL DECISIONS. RATHER, INVESTORS SHOULD USE THE INFORMATION CONTAINED IN THIS WEBSITE/NEWSLETTER AS A STARTING POINT FOR DOING ADDITIONAL INDEPENDENT RESEARCH ON THE FEATURED COMPANIES. O22 STRONGLY ENCOURAGES READERS AND INVESTORS TO CONDUCT A COMPLETE AND INDEPENDENT INVESTIGATION OF THE RESPECTIVE COMPANIES, INCLUDING BY REVIEWING SEC FILINGS (FORMS 10-Q, 10-K, 8-K, 3, 4, 5, SCHEDULE 13D) AND BY CONSULTING YOUR OWN TAX, BUSINESS, FINANCIAL, AND INVESTMENT ADVISORS.
THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 PROVIDES A SAFE HARBOR IN REGARD TO FORWARD-LOOKING STATEMENTS. ANY STATEMENTS THAT EXPRESS OR INVOLVE DISCUSSIONS WITH RESPECT TO PREDICTIONS, EXPECTATIONS, BELIEFS, PLANS, PROJECTIONS, OBJECTIVES, GOALS, ASSUMPTIONS OR FUTURE EVENTS OR PERFORMANCE ARE NOT STATEMENTS OF HISTORICAL FACT, AND MAY BE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON EXPECTATIONS, ESTIMATES, AND PROJECTIONS AT THE TIME THE STATEMENTS ARE MADE THAT INVOLVE A NUMBER OF RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS OR EVENTS TO DIFFER MATERIALLY FROM THOSE PRESENTLY ANTICIPATED. FORWARD-LOOKING STATEMENTS MAY BE IDENTIFIED THROUGH USE OF WORDS SUCH AS PROJECTS, FORESEES, EXPECTS, ANTICIPATES, ESTIMATES, BELIEVES, UNDERSTANDS, MAY, COULD, OR MIGHT. THERE IS NO GUARANTEE THAT PAST PERFORMANCE WILL BE INDICATIVE OF FUTURE RESULTS.
To Top