Quantum Materials
Corp to launch Quantum Dot Production in China, Joint Venture
Partner GTG commits $20 Million US
investment
San Marcos, TX -- January 28, 2016 -- InvestorsHub NewsWire --
Leading North American quantum dot manufacturer Quantum
Materials Corp (OTCQB:QTMM)
today announced that the company has entered into a joint venture
with Guanghui Technology Group (GTG) whereas GTG will invest $20
Million US for building out Quantum Materials QDX quantum dot
production facilities and quantum dots application development in
China. Embedding quantum dot production regionally allows Quantum
Materials to work closely with clients to customize quantum dot
characteristics to optimize manufacturing efficiencies as well as
supply chain logistics.
The joint venture will be registered in Hong Kong and operated
as Quantum Materials Asia Co., Ltd. GTGs investment and Quantum
Materials patented mass-production quantum dot manufacturing
technology will enable Quantum Materials Asia to start supplying
quantum dots to clients in the display, lighting and solar energy
industries by the third quarter of 2016.
We have already held serious discussions with a number of
potential customers in our region seeking Quantum Dots for
diversified applications, including display, lighting and solar. We
have established our reputation as a key financial partner with the
governments and industries by raising multiple billions of dollars
in funding for projects driven by our customers over past decade,
stated Mr. Liu Xiao, CEO of Guanghui Technology Group. This joint
venture represents a new role for GTG in that we are not only
supporting this project financially to facilitate major market
expansion for Quantum Materials, but we will also be deeply
involved in driving market penetration among our industry clients
seeking to bring their technology and products to the next
level.
This agreement represents our commitment to provide customers with
best-in-class Quantum Dot materials, including Cadmium free quantum
dots. Our patented mass production process enables us to rapidly
establish locally based manufacturing to meet their volume
production demands, commented Stephen B. Squires, Founder and CEO
of Quantum Materials Corp. Combining our resources and expertise in
advanced quantum dot technologies with GTGs strong financial
support and business relationships with top-tier manufacturers of
displays, lighting products and solar panels will facilitate
generating tremendous business opportunities in both the government
and private sectors.
About Guanghui Technology Group
Guanghui Technology Group (GTG) is Financial Advisory and
Services Company aiming at assisting advanced technological
companies to enter into the China market. GTGs founding partners
and affiliates have contributed to a number of high-profile
government and industrial funding projects including multi-billion
dollar fund raising in the China display sector as well as large
scale international M&A in solar energy sector, also involved
in a number of strategic investment projects in diversified fields
such as Lighting, Li-ion battery, Biomedical and Security, etc.
About Quantum Materials Corp
Quantum Materials Corp develops and manufactures Quantum Dots
and nanomaterials for use in medical, display, solar energy and
lighting applications through its patented volume production
process. QMC's volume manufacturing methods enable consistent
quality and scalable cost reductions to drive innovative discovery
to commercial success. Quantum Materials Corp technology continues
to move the future of quantum dots to the present. Quantum
Materials' products are the foundation for technologically
superior, energy efficient and environmentally sound LCD UHD
displays, the next generation of solid-state lighting, solar
photovoltaic power applications, advanced battery and energy
storage solutions, biotech imaging, and biomedical theranostics.
Wholly-owned subsidiary Solterra Renewable
Technologies develops sustainable quantum dot solar
technology.
For more information follow Quantum Materials Corp
at www.QMCDOTS.com and
on LinkedIn and Twitter.
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