Guangzhou, China, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Top KingWin Ltd. ("Top KingWin" or the "Company") (NASDAQ: TCJH) announced today that effective on October 21, 2024, its Class A ordinary shares will begin trading on the Nasdaq Capital Market under the ticker symbol “WAI”. This new ticker symbol will replace the Company’s previous ticker symbol “TCJH”. No action by the Company’s shareholders is required with respect to the ticker symbol change. The Company's Class A ordinary shares continue to be listed ...

GuangZhou, China, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Top Kingwin Ltd (the “Company”) (NASDAQ - TCJH) announced today that its subsidiary, Guji Technology (Shenzhen) Co., Ltd. (“Guji Technology”) signed a nonbinding letter of intent (“LOI”) with Tuoxun Technology (Shenzhen) Co., Ltd. (“Tuoxun Technology”), for the potential sale of 1,000 units of Lenovo Think System SR588/860 servers to Tuoxun Technology. The term of the LOI is one year from September 30, 2024 to September 29, 2025, and the parties may not e ...

GuangZhou, China, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Top Kingwin Ltd (the “Company”) （NASDAQ - TCJH）today announced its subsidiary, Guji Technology (Shenzhen) Co., Ltd., has ordered 1,300 units of Lenovo ThinkSystem servers from companies including Qingchao (Shenzhen) Industrial Co., Ltd. These servers will provide Guji Technology's clients with hardware support, aimed at building a technological infrastructure and promoting the application of intelligent solutions. Guji Technology plans to use the procured ...

Shenzhen, China, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Shenzhen Tomorrow Innovation Core Technology Co., Ltd. (“Shenzhen Tomorrow Innovation”), a wholly owned subsidiary of Top KingWin Ltd. (“Top KingWin”) (Nasdaq - TCJH), announces the successful acquisition of Guji Technology (Shenzhen) Co., Ltd. (“Guji Technology”), marking a significant step in Shenzhen Tomorrow Innovation’s AI industry strategy. Guji Technology specializes in the sale of storage chips and high-end servers, with extensive technical expertis ...

GuangZhou, China, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Top Kingwin Ltd (the “Company”) （NASDAQ - TCJH）today announced the establishment of its wholly-owned subsidiary - Shenzhen Tomorrow Innovation Core Technology Co., LTD (“Shenzhen  Tomorrow Innovation”) on August 19, 2024, This new venture plan to focus on creating an advanced artificial intelligence (“AI”) hardware supply chain while delivering comprehensive solutions through AI-driven intelligent systems. This strategic initiative underscores the Company’ ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of ...

营收情况 - 公司在2021年财政年度的营收从1333930美元增长到6294667美元，增长了372%[42] - 2022年的营收虽然较2021年下降了50%，但仍然比2020年有显著增长[42] 客户情况 - 公司的三个主要客户分别为重庆龙金云企业管理合伙企业（有限合伙）、青岛盈满利企业管理合伙企业（有限合伙）和青岛金信富企业管理合伙企业（有限合伙），分别占公司营收的21%、20%和16%[51] 市场竞争 - 中国市场股权投资服务行业竞争激烈，市场主要包括股权投资行业服务平台和其他服务提供商[57] - 新竞争对手可能随时进入知识共享行业，竞争对手拥有更多资源可能对收入和利润率产生负面影响[58] 外汇风险 - 金融报表以美元表示，但所有收入和支出以人民币计价，外汇风险主要涉及现金以外的货币[61] - 人民币兑美元汇率受中国政治、经济状况和外汇政策影响，人民银行定期干预外汇市场[62] 业务风险 - 未能获得线下行业活动所需许可可能导致活动调整或取消，对业务和财务状况产生不利影响[59] - 未能成功改进现有服务和推出新服务可能影响用户和客户需求，对业务、财务状况产生不利影响[76] 政策风险 - 中国政府对企业经营活动进行监管和干预[130] - 新法律或法规对公司经营方式产生不利影响[131] - 中国政府对企业结构进行监管[132] 资本需求 - 公司可能需要不时额外资本来发展业务，包括提供更好的客户服务、开发新服务、增强数据收集和分析能力、改善运营和技术基础设施或进行收购[105] - 公司可能无法及时或以可接受的条件获得额外资本，这可能会严重影响业务增长[107] 公司治理 - 公司的双重类股结构导致投票控制权集中在董事长、首席执行官和董事会成员手中[115] - 公司设立在开曼群岛，可能会导致股东难以保护自己的权益，因为无法通过美国法院来保护自己的权利[120] 外部环境 - 全球宏观经济环境面临挑战，包括中美贸易战、美联储加息、欧元区经济放缓、英国脱欧和俄罗斯入侵乌克兰等[104] - 中国被列入FATF灰名单，加强监控[128]