YRIV
Yangtze River Port and Logistics Limited

NEW YORK, NY and WUHAN, CHINA / November 16, 2016 / Yangtze River Development Limited, (OTCQB: YERR) (the "Company”) announced today that it has been requested by the OTC Markets Group (“OTC Markets”) to comment on recent trading and promotional activity concerning YERR common stock.

On November 11, 2016, OTC Markets informed the Company that it became aware of certain promotional activities concerning the Company's stock. Included among the activities were certain promotional newsletter emails encouraging investors to purchase the Company's common stock. This promotional activity may have contributed to recent higher than average trading volume in the Company's stock price. The Company was unaware of the promotional activity until informed by OTC Markets and is unaware of the full nature and content of this promotional activity, the responsible parties and the extent of the email newsletters’ dissemination.

The Company confirms and states definitively that the Company, its officers, directors and, to the Company's knowledge, any controlling shareholders (i.e., shareholders owning 10% or more of the Company's securities) have not, either directly or indirectly, authorized or been involved in any way with the creation or distribution of promotional materials related to the Company and its securities (including payment to a third-party).  The Company further attests that its officers, directors and, to the knowledge of the Company, any controlling shareholders, have neither sold nor purchased the Company's securities within the past 30 days.

In addition, the Company has at no point issued convertible instruments allowing conversion to equity securities at prices constituting a discount to the market rate of our common stock.

“For the record, the Company has no IR/PR program underway and is not affiliated with the promotional materials’ author or its affiliated entities or persons.” stated Xiangyao Liu, the CEO of the Company. The business of the Company and the industries within which the Company operates are subject to numerous and significant risks and as a result, the Company encourages those interested in the Company to rely solely on information included in official Company press releases, website content, and its filings and disclosures made with the Securities and Exchange Commission.

ABOUT YANGTZE RIVER DEVELOPMENT LTD.:

Yangtze River Development Limited primarily engages in the business of real estate development with a port logistic project located in the middle reaches of the Yangtze River. Wuhan Newport is a large infrastructure development project implemented under China's latest "One Belt One Road" initiative and is believed to be strategically positioned in the anticipated "Free Trade Zone" of the Wuhan Port, a crucial trading window between China, the Middle East and Europe. To be fully developed upon completion of three phases, within the logistics center, there will be six operating zones, including port operation area, warehouse and distribution area, cold chain logistics area, rail cargo loading area, exhibition area and residential community. The logistics center is also expected to provide a number of shipping berths for cargo ships of various sizes. Wuhan Newport is expected to provide domestic and foreign businesses a direct access to the anticipated Free Trade Zone in Wuhan. The project will include commercial buildings, professional logistic supply chain centers, direct access to the Yangtze River, Wuhan-Xinjiang-Europe Railway and ground transportation, storage and processing centers, IT supporting services, among others.

For additional information please go to: http://www.yerr.com.cn

FORWARD-LOOKING STATEMENTS:

This document includes "forward-looking" statements, as that term is defined in the Private Securities Litigation Reform Act of 1995 or by the Securities and Exchange Commission in its rules, regulations and releases. Forward-looking statements are any statements other than statements of historical fact, including statements regarding Company's expectations, beliefs, hopes, intentions or strategies regarding the future. Among other things, these forward-looking statements may include statements regarding the change of Company's plan of operation, future opportunities as a result of the matter referenced in the above statements; and any other statements regarding Company's future beliefs, expectations, plans, intentions, financial condition or performance. In some cases, forward-looking statements can be identified by the use of words such as "may," "will," "expects," "should," "believes," "plans," "anticipates," "estimates," "predicts," "potential," "continue," or other words of similar meaning. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those discussed in, or implied by, the forward-looking statements. Factors that might cause such a difference include, but are not limited to, general economic conditions, our financial and business prospects, our capital requirements, our financing prospects, our relationships with employees, and our ability to realize the anticipated benefits of such transaction, and those disclosed as risks in other reports filed by us with the Securities and Exchange Commission, including those described in our most recently filed Annual Report on Form 10-K and subsequent amendment on Form 10-K/A, current report on Form 8-K, and other filings with the SEC.

We caution readers that any such statements are based on currently available operational, financial and competitive information, and they should not place undue reliance on these forward-looking statements, which reflect management's opinion only as of the date on which they were made. Except as required by law, we disclaim any obligation to review or update these forward-looking statements to reflect events or circumstances as they occur.

CONTACT:

James Coleman
Executive Director
jcoleman@yerr.com.cn
646-861-3315