On the morning of January 9, 2020, the opening ceremony of Purplevine IP Management (Wuhan) Co., Ltd. was grandly held in Future Tech Building, East Lake High-Tech Development Zone, Wuhan. Yang Jin, Chairman and CEO of Purplevine IP Group, and Yang Liuyang, Vice General Manager of Purplevine IP Management (Wuhan) Co., Ltd. jointly cut the ribbon for the opening of Purplevine IP Management (Wuhan). Chen Baoguo, Deputy Director General of Market Supervision Administration of Wuhan Municipality, and Chen Huafen, Deputy Director of Construction Management Office of Wuhan Future City also attended the ceremony as ribbon-cutting guests and expressed warm congratulations.

Representatives of key clients of Purplevine IP Group, such as TCL CSOT and Yangtze Memory Technologies Co., Ltd., as well as affiliated enterprises of Purplevine IP Group such as Purplevine IP Operating (Shenzhen) Co., Ltd. and Purplevine IP Operating (Chengdu) Co., Ltd. attended this opening ceremony to witness the landmark events of the Group in 2020.