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Stock impact report

Dogness Announces Operational Updates

Dogness (Intl) Corp (DOGZ)  More Company Research Source: GlobeNewswire
PDF DONGGUAN, China, Feb. 01, 2019 (GLOBE NEWSWIRE) -- Dogness (International) Corporation (NASDAQ: DOGZ) (“Dogness” or the “Company”), a leading developer and manufacturer of pet products, including traditional pet products and smart pet ecosystem products, today announced several business initiatives to develop its operations and grow into new product lines.  The Company has invested RMB 1.5 million out of an approved RMB 3.0 million to acquire 13% ownership interest in third party Linsun Smart Technology Co., Ltd (“Linsun”). Linsun will share its related technologies, patents and manufacturing capabilities with Dogness after the acquisition. Going forward, Dogness and Linsun will further develop new products and new technologies in the smart pet tech area together.The Company has invested RMB 2.0 million out of an approved RMB 8.0 million to acquire 10% of the ownership interest in Dogness Network Technology Co., Ltd, in order to integrate the industrial chain and to further develop [Read more]
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