DONGGUAN, China, July 1, 2021 /PRNewswire/ -- Dogness
(International) Corporation ("Dogness" or the "Company") (NASDAQ:
DOGZ), a developer and manufacturer of a comprehensive line of
Dogness-branded, OEM and private label pet products, today
announced it added three new distributors to help it meet continued
business growth led by sales of the Company's intelligent pet
products and its traditional product portfolio.
The new distributors will focus on expanding growth in
Europe and Asia, including in particular Taiwan and Russia, both key strategic markets with strong
underlying trends. During the six months ended December 31, 2020, Dogness' products were sold in
25 countries. For the six months ended December 31, 2020, export sales accounted for
47.5% of total sales, while Chinese domestic sales accounted for
52.5% of total sales.
Silong Chen, Chairman and Chief
Executive Officer of Dogness, commented, "We are excited to add
three additional highly qualified and connected distributors, as we
focus on further accelerating our sales growth and diversification
worldwide. We continue to benefit, along with the broader pet
care industry, from increased pet ownership and spending, strong
support for both online and traditional retailers, and a desire
among pet parents to provide their loved ones with a healthier,
safer, more enriching and fulfilling life."
Mr. Chen continued, "Dogness has made incredible improvements on
everyday pet tasks from eating and drinking to safety monitoring
and tracking by leveraging the latest in communications, AI,
sensors and other proprietary developments. We are ideally
positioned in this rising market with our innovative intelligent
pet products and our more traditional, evergreen pet care products
and expect to drive increased sales across the key markets we serve
as we move forward."
About Dogness
Dogness (International) Corporation was founded in 2003 from the
belief that dogs and cats are important, well-loved family members.
Through its smart products, hygiene products, health and wellness
products, and leash products, Dogness' technology simplifies pet
lifestyles and enhances the relationship between pets and pet
caregivers. The Company ensures industry-leading quality through
its fully integrated vertical supply chain and world-class research
and development capabilities, which has resulted in over 200
patents and patents pending. Dogness products reach families
worldwide through global chain stores and distributors. For more
information, please visit: ir.dogness.com.
Forward Looking Statements
No statement made in this press release should be interpreted as
an offer to purchase or sell any security. Such an offer can only
be made in accordance with the Securities Act of 1933, as amended,
and applicable state securities laws. Certain statements in this
press release concerning our future growth prospects are
forward-looking statements regarding our future business
expectations intended to qualify for the "safe harbor" under the
Private Securities Litigation Reform Act of 1995, which involve a
number of risks and uncertainties that could cause actual results
to differ materially from those in such forward-looking statements.
The risks and uncertainties relating to these statements include,
but are not limited to, risks and uncertainties regarding lingering
effects of the COVID-19 pandemic on our customers' businesses and
end purchasers' disposable income, our ability to meet development,
production and shipping targets, our ability to raise capital on
any particular terms, fulfillment of customer orders, fluctuations
in earnings, fluctuations in foreign exchange rates, our ability to
manage growth, our ability to realize revenue from expanded
operation and acquired assets in China and the U.S., our ability to attract and
retain highly skilled professionals, client concentration, industry
segment concentration, reduced demand for technology in our key
focus areas, our ability to successfully complete and integrate
potential acquisitions, and unauthorized use of our intellectual
property and general economic conditions affecting our industry.
Additional risks that could affect our future operating results are
more fully described in our United States Securities and
Exchange Commission filings. These filings are available at
www.sec.gov. Dogness may, from time to time, make additional
written and oral forward-looking statements, including statements
contained in the Company's filings with the Securities and Exchange
Commission and our reports to shareholders. In addition, please
note that any forward-looking statements contained herein are based
on assumptions that we believe to be reasonable as of the date of
this press release. The Company does not undertake to update any
forward-looking statements that may be made from time to time by or
on behalf of the Company unless it is required by law.
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SOURCE Dogness International Corporation