 BEIJING, June 15, 2021 PRNewswire -- Luokung Technology Corp. NASDAQ: LKCO Luokung or the Company, a leading interactive location-based services and big data processing technology company based in China, announced today that the U.S. Department of Defense DoD has removed the Companys designation as a Communist Chinese Military Company. In addition, as a result of the omission of the Company from Executive Order 14032, which amends and supersedes Executive Order 13959 in imposing restrictions on trading shares of certain Chinese companies, Luokung and its shareholders are no longer subject to any restrictions pursuant to Executive Order 13959, as amended. 