AsianFin -- ByteDance, the parent company of TikTok, said on Saturday morning that it will push forward the related work in accordance with Chinese law, enabling TikTok to continue serving its large number of U.S. users.

The Beijing-headquartered tech company stated its stance in an annoucement, according to Shanghai Securities Journal. 

 Eearlier this week, Chinese officials and their U.S. counterparts reached an agreement over the matter of TikTok.