MGSD Joins OTCQB® Venture Market for Enhanced US Investor Access

Maitong Sunshine Cultural Development Co., Limited (MGSD) has commenced trading on the OTCQB® Venture Market, expanding access for U.S. investors. President and CEO Huang Fang highlighted this milestone as a significant achievement for the company and its shareholders. MGSD, based in Beijing, China, specializes in cultural tourism and the sale of Chinese cultural products, leveraging its extensive customer and industry relationships. The company cautions that future results depend on various factors and risks detailed in their SEC filings.

Introduction:

Maitong Sunshine Cultural Development Co., Limited (MGSD), a Chinese company specializing in cultural tourism and the sale of Chinese cultural products, has recently commenced trading on the OTCQB Venture Market (OTCQB) [1]. This expansion provides U.S. investors with increased access to the company. Huang Fang, the company's president and CEO, highlighted this milestone as a significant achievement for MGSD and its shareholders [1].

Background:

MGSD, founded in Beijing, China, in October 2023, is committed to creating unique and in-depth cultural experiences for tourists and cultural enthusiasts [1]. The company's extensive customer and industry relationships enable it to leverage distinctive cultural characteristics in its services [1]. With a focus on cultural tourism, art exhibitions, and the sale of Chinese cultural and creative products, MGSD aims to transform resources in the cultural tourism industry and become an excellent cultural travel service provider [1].

Milestone Achievement:

The commencement of trading on the OTCQB marks an essential milestone for MGSD, as it expands its market exposure and increases investor access [1]. OTC Markets Group Inc. operates the OTCQX Best Market, the OTCQB Venture Market, and the Pink Open Market for over 12,000 U.S. and global securities [1]. This diverse network of broker-dealers provides liquidity and execution services, empowering companies like MGSD to improve the quality of information available for investors [1].

Future Outlook:

Although MGSD is optimistic about its future prospects, the company acknowledges that future results depend on various factors and risks [1]. Investors are advised to carefully review the company's SEC filings for detailed information regarding these risks.

Conclusion:

Maitong Sunshine Cultural Development Co., Limited's commencement of trading on the OTCQB Venture Market represents a significant achievement for the company and its shareholders. By expanding market exposure and increasing investor access, MGSD aims to continue delivering unique and in-depth cultural experiences to tourists and cultural enthusiasts.

References:

[1] Maitong Sunshine Cultural Development Co., Ltd. (MGSD). (2024, September 18). Maitong Sunshine Cultural Development Co., Limited Begins Trading on the OTCQB Venture Market. PRNewswire. https://markets.ft.com/data/announce/detail?dockey=600-202409180430PR_NEWS_USPRX____CN09465-1