SDT Holdings, Inc. Provides Corporate Update

World News: . []

MONTREAL, June 13, 2018 (GLOBE 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, announces major developments.

''Launching a business like SDT and going public is both exciting and overwhelming at the same time," said CEO, Ramy Kamaneh. "We've been busy working toward achieving multiple milestones in the first half of 2018 to build the necessary foundation and structure required for long-term growth and shareholder value improvement."

The Company is proud to announce the launch of its corporate website, an important milestone that directly reflects the Company's vision and will serve a key role in communicating with investors and customers.

Please visit the company's new corporate website to learn more:  

Gerald Bernstein has been appointed Chief Financial Officer of SDT Holdings.

''We're pleased to welcome Gerald to the team," said CEO, Ramy Kamaneh. "His financial expertise and knowledge of the public space will be an important asset to the company. By quickly integrating with the company, Gerald will help fast-track our process of becoming a fully reporting company in the coming weeks."

The company has engaged , an IP-focused law firm, for pending and future intellectual property applications. Progress is already being made in this arena and the Company expects intellectual property to add significant value to its balance sheet.

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.

This press release contains forward-looking statements. Such statements include statements regarding our expectations, hopes, beliefs or intentions regarding the future, including but not limited to statements regarding our market, strategy, competition, development plans (including acquisitions and expansion), financing, revenues, operations, and compliance with applicable laws. Forward-looking statements involve certain risks and uncertainties, and actual results may differ materially from those discussed in any such statement. Factors that could cause actual results to differ materially from such forward-looking statements include the risks described in greater detail in the following paragraphs. All forward-looking statements in this document are made as of the date hereof, based on information available to us as of the date hereof, and we assume no obligation to update any forward-looking statement except where applicable law requires us to update these statements. Market data used throughout this prospectus is based on published third party reports or the good faith estimates of management, which estimates are based upon their review of internal surveys, independent industry publications and other publicly available information.

Source: Wuhan General Group (China), Inc. Contact: 

More news and information about Wuhan General Group (China), Inc.

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Globe Newswire: 21:36 GMT Wednesday 13th June 2018

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