DONGGUAN, China, July 7, 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 shipped 700 cartons of the Company's
traditional pet products to one of its long-term strategic partners
in Japan for sale. The
Company noted it is continuing to benefit from strong demand in key
markets worldwide led by China,
the U.S., Japan and Europe, with significant growth in other
countries including Egypt,
Russia, Germany, Panama, Australia and New
Zealand.
The population of dogs and cats in Japan (18.13 million) outnumbers that of
children 15-years-old or younger (15.3 million). This was
attributed in part to the COVID-19 pandemic, during which time the
number of new pet owners increased. The life expectancy of
dogs in Japan is 14.5 years, and
the life expectancy for cats is roughly 15.5 years. This is
attributed to the fact that 84.7% of dogs and 90.4% of cats are
kept indoors year-round, resulting in reduced risk of
sickness. (Source: The Japan Pet Food Association)
Silong Chen, Chairman and Chief
Executive Officer of Dogness, commented, "Our team has been working
closely with our customers and supply chain partners to ensure we
can seamlessly meet the high demand levels we are seeing in
Japan. Pet owners are turning to Dogness for high-quality
traditional pet products and innovative smart pet tech products
that can bring greater happiness, safety and health to their
pets. We take pride in supporting stronger pet and owner
bonds. We expect to build on our momentum with some very
exciting new product launches planned for later this year that will
leverage advances in tracking, water and food monitoring, robotics
and AI."
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