SDT Holdings Improve
Transparency with Information & Disclosure
Statement Filing
MONTREAL, QC -- July
25, 2018 --
InvestorsHub NewsWire -- SDT Holdings, Inc. / Wuhan General Group
(China), Inc. (OTC
PINK: WUHN) (the "Company"), a Montreal-based industrial
technology holding company serving various industries through their
four subsidiaries, filed its
Information and Disclosure Statement with OTC
Markets.
The
Company's Information and
Disclosure Statement includes financial statements for the
years ended 2016 and 2017, as
well as first quarter 2018. The Company believes it has now filed the necessary documentation with OTC Market to achieve Current Pink
status.
The
Company has also
filed Articles of Amendment with
Nevada Secretary of State changing the Company's name from
"Wuhan General Group (China),
Inc."
to "SDT Holdings, Inc." The Company has begun work with FINRA to implement the name
change and is seeking to change its
ticker symbol. Potential options for the new ticker symbol
include "SDTH" and "SDTG"
which are under consideration as well as others if these they are
unavailable.
We are
very happy to have made
our financials
available on the OTC Markets website," commented Ramy Kamaneh, CEO of WUHN stated, "We are extremely grateful for all the hard
work that our financial and legal teams have put in place to lead
us today. We do
not control the outcome of
these efforts, which
took more time and capital
than originally planned, but we
believe that improving
transparency for our investors is an important
milestone, and with all
these changes undertaken, we hope to continue to grow our business and
create strong shareholder value."
About
SDT
Holdings, Inc. is a Montreal-based industrial technology holding
company that focuses on the development, production and
commercialization of its four subsidiaries, specialized 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.
Contact: Bruce
Haase Public Relations
Phone: (514) 928-7368
ext. 6
E-mail: info@sdtholdings.com
Website: www.sdtholdings.com
Forward-Looking
Statements
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.