Exceed Company Ltd., the Chinese owner of the “Xidelong” brand, announced that the Nasdaq Stock Market has transferred the listing of Exceed's securities to the Nasdaq Global Select Market from the Nasdaq Global Market. EDS, EDSUU and EDSWW will continue to be the trading symbol for the Company's common stock, units and warrants, respectively.
Shuipan Lin, Exceed's founder, Chairman and CEO, commented, “We are proud to be included in the NASDAQ Global Select Market as we believe it is a mark of our financial and operational achievements and leadership position. We remain confident that our solid and well-defined strategy and consistently executed initiatives to capitalize on market opportunities in China will allow us to achieve sustainable long-term growth. We believe that our inclusion in the NASDAQ Global Select Market will contribute to our growth strategy by increasing our capital markets visibility and broadening our shareholder base.”
