QINGDAO, China, Feb. 23, 2021 / PRNewswire / – SOS Limited (NYSE: SOS) (the “Company” or “SOS”) announced today that the 5000 PCS of Crypto Mining Rigs that will be the first batch of delivery were on 9 February 2021 went live today

This batch of 5000 PCS mining rigs can generate roughly BTC Hash Power 175P If the machine works as expected, the annual ROI (return on investment) based on current crypto price dynamics is expected to be significant

Mr Yandai Wang, Chairman of SOS, commented: “As institutional investors also rely on cryptocurrencies like BTC, we expect the price dynamics of cryptocurrencies like BTC and ETH to increase further and we will do our best to take advantage of this opportunity”More cloud crypto mining pools will be created in the near future”

SOS is an emerging blockchain-based and big data-based marketing and solutions provider with a national membership base of around 20 million in China.In July 2020, the company’s headquarters were relocated from Gui ‘An New Area to Qingdao West Coast New Area Recently, SOS outlined its blockchain and cryptocurrency strategy, which includes a number of initiatives to expand its business to cryptocurrency mining, as well as cryptocurrency security and insurance, based on SOS’s core insurance and emergency marketing data, technology and solutions Big data, blockchain-based technology, cloud computing, AI, satellite and 5G network, etc. SOS has created a “Software as a Service (SaaS)” cloud platform for emergency services with three main product categories: basic cloud, collaborative cloud and information. This system caters to customers such as insurance companies, financial institutions, medical institutions, health care providers, car manufacturers, security providers, providers of Support for seniors and other service providers in the rescue service industry innovative marketing solutions

SOS has achieved national high-tech enterprise certification and the “Big Data Star Enterprise” title awarded by the Gui’an District Government. The company is a leader in digital technology innovation and has 99 software copyrights and 2 patents pending. Further information is available at: http: // wwwSosyuncom /

Certain statements made herein are “forward-looking statements” within the meaning of the “Safe Harbor” provisions of the Private Securities Litigation Reform Act of 1995 Forward-looking statements may be made by the use of the words “anticipate”, “believe”, “expect”, “estimate,” “plan,” “forecast,” “project” and other similar expressions that predict or indicate future events or trends or any statements about historical matters. Such forward-looking statements include the time of the proposed transaction; the parties’ business plans, goals, expectations and intentions, estimated and future operating results, business strategies, competitive position, industry environment and the potential growth opportunities for market acceptance of our products by SOS; the ultimate impact of the current coronavirus pandemic or other health epidemic on our business, research programs, health systems, or the global economy as a whole; our intellectual property; our trust in third party organizations; our expected financial and operational results, including expected revenue streams; our assumptions about the size of the available market, the benefits of our product offering, product prices, and timing of product launches; Management’s expectations regarding future acquisitions; Statements about our goals, intentions, plans and expectations, including new product and market launches; and our cash needs and funding plans and etc These forward-looking statements reflect the current analysis of available information and are subject to various risks and uncertainties. Therefore, caution should be exercised when relying on forward-looking statements. SOS may not meet its expectations and its beliefs may not prove to be correct. Known and unknown risks may arise from ours Actual results may differ materially from our expectations or projections All forward-looking statements attributable to the company or persons acting on its behalf are expressly qualified in their entirety by these factors.Other than required by securities laws, the company assumes no obligation to reverse these forward-looking statements to update

For more information about these and other factors that may affect our expectations and projections, please see our regular filings with the SEC, including our Annual Report on Form 20-F, dated Dec. Fiscal year ended December 2019 SOS SEC filings are publicly available on the SEC’s website at www.sekGierungSOS disclaims any obligation to update any forward-looking statements as a result of new information, future events, or any other reason

Crypto

World News – AU – SOS announces that the first batch of 5000 pieces of Crypto Mining Rigs went live today

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