Borqs Technologies Acquired 51% of Holu Hou Energy LLC
- Oct 22, 2021 4:17 pm GMT
Financial results of HHE will be consolidated into
Forward-Looking Statements and Additional Information
This press release includes forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from what is expected. Words such as expects, believes, anticipates, intends, estimates, predicts, seeks, may, might, plan, possible, should and variations and similar words and expressions are intended to identify such forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements relate to future events or future results, based on currently available information and reflect our managements current beliefs. Many factors could cause actual events or results to differ materially from the events and results discussed in the forward-looking statements, including the possibility that the acquisition of a 51% ownership interest in HHE may not bring positive benefits to the Company and may not transpire as described herein or at all, and the negative impact of the COVID-19 pandemic on the Companys supply chain, revenues and overall results of operations, so the reader is advised to refer to the Risk Factors sections of the Companys filings with the
Vice President of Corporate Finance
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