MONTREAL, Quebec, Feb. 22, 2018 (GLOBE NEWSWIRE) -- Via OTC PR Wire -- SDT Holdings, Inc. / Wuhan General Group (China), Inc. (USOTC PINK:WUHN) (the "Company").
The Company is proud to have reached this important milestone and believes that the RTO will provide our business with major opportunities in the international marketplace, access to long-term investors as well as growth capital. Thus, offering current and prospective investors a great investment opportunity.
The newly-merged company will assume the name SDT Holdings, Inc and has initiated the process to provide current filings and disclosures.
SDT Holdings, Inc. is a Montreal-based industrial technology holding company that focuses on the development, production and commercialization of its four subsidiaries, specializing in these areas: mining electrification, cryptocurrencies / blockchain, industrial batteries, internet of things and artificial intelligence for the industrial market. Dedicated to supplying quality, innovative technologies and battery solutions, SDT Holdings services the transport, mining, agricultural, industrial and earthmoving industries.
SDT Holdings, Inc
Publicly traded company (USAOTC Pink: WUHN)
For further information contact:
Phone: (514) 928-7368
Safe Harbour Statement - In addition to historical information, this press release may contain statements that constitute forward-looking statements within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include the intent, belief, or expectations of the Company and members of its management team with respect to the Company's future business operations and the assumptions upon which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that could cause these differences include, but are not limited to, failure to complete anticipated sales under negotiations, lack of revenue growth, client discontinuances, failure to realize improvements in performance, efficiency and profitability, and adverse developments with respect to litigation or increased litigation costs, the operation or performance of the Company's business units or the market price of its common stock. Additional factors that would cause actual results to differ materially from those contemplated within this press release can also be found on the Company's website. The Company disclaims any responsibility to update any forward-looking statements.
Source:Wuhan General Group (China), Inc.