Sharing Economy International, Inc. ("SEII" or "the Company") (OTC: SEII) today announced that its wholly-owned subsidiary, Sharing Economy Investment Limited ("SEII"), has entered into a License Agreement with Ecrent Capital Holdings Limited ("ECRENT"), regarding the grant of an exclusive and sublicensable license from ECRENT to SEII to utilize certain software and trademarks in order to develop, launch, operate, commercialize, and maintain an online website platform in United Kingdom, Germany, France, Poland, Switzerland, Netherlands, Denmark, Russia, Italy, Spain, Portugal and Greece. In return, SEII will pay US$1,000,000 as license fee. ECRENT will grant the license right to SEII till December 31, 2021.

Sharing Economy International, Inc. ("SEII" or "the Company") (OTCQB: SEII) today announced that its wholly-owned subsidiary, EC Rental Limited ("EC Rental"), has entered into a joint venture agreement with Hong Kong Solar Engineering Limited ("HK Solar"), regarding the formation of a joint venture company (the "JV") to market solar equipment rental to both residential and commercial building owners.

Sharing Economy International, Inc. ('SEII or "the Company") (OTCQB: SEII) today announced that it has entered into a share exchange agreement with the shareholders of OOB HK Limited ("OOBHK"), to acquire 100% ownership of OOBHK. SEII will acquire 100% of OOBHK with the issuance of 239,387,189 shares of SEII series A convertible preferred stock at a price of $0.33 per share.

Sharing Economy International, Inc. ("SEII" or "the Company") (OTCQB: SEII) today announced that the company started to trade on OTCQB on January 2, 2020.

Sharing Economy International Inc. (OTCQB:SEII), today issued the following letter to shareholders: