SDET, Subsidiary of SDT Holdings, Announces Plan to Build Battery Factory in Quebec

MONTREAL, Feb. 06, 2018 (GLOBE NEWSWIRE) — Via OTC PR Wire — SDT Holdings, Inc. / Wuhan General Group (China), Inc. (OTC PINK:WUHN) (the “Company”).

The proposed state-of-the-art, large-capacity battery facility intends to leverage the newly electric mining equipment market forecasted to reach $56 billion by 2022.

Strategic Development of Electrification Technology (SDET) is a Quebec-based enterprise that specializes in the research and development, prototyping, benchmarking and piloting of industrial batteries. The company also produces low-cost, high-performance battery cells designed for a wide range of heavy-duty industrial electric equipment. These cells are known to have exceptional autonomy and ultra-rapid recharge capabilities, without any degradation or loss of lifecycle.

The Company announced today that it plans to build a R&D laboratory and battery factory, subject to the receipt of mandatory governmental permits along with the solidification of required debt and equity financing. “We are currently in discussion with partners and city officials,” stated Ramy Kamaneh, CEO of SDT Holdings, Inc.

The key companies profiled to use the batteries produced in the new factory include Caterpillar Inc., Komatsu Ltd., Sandvik, Joy Global Inc., Hitachi Construction Machinery Co. Ltd., Atlas Copco and AB Volvo.

The Company anticipates the construction to begin no later than the second quarter of this fiscal year. Phase One is estimated to take five months to complete and Phase Two, nine months. Once fully operational, the facility is projected to be a home base for 25 new permanent jobs with the expectation that more jobs will be created as production ramps up.

About the new factory announcement, Ramy Kamaneh states, “By building a cutting-edge battery factory along the Quebec mining region, which is in direct proximity to lithium, graphite and other primary materials needed to build the battery, we put ourselves in an advantageous supply situation, while reducing our costs significantly. By providing batteries to the mining industry both nationally and internationally, forecast numbers show that we are poised to earn substantial additional revenues in the years to come.”

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, SDT Holdings services the transport, mining, agricultural, industrial and earthmoving industries.

SDT Holdings, Inc
Publicly traded company (OTC Pink:WUHN)
Website: www.sdtholdings.com
For further information contact:
Phone: (514) 928-7368
E-mail: info@sdtholdings.com

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.

 

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SDT Holdings, Inc./ Wuhan General Group (China), Inc. (OTC PINK: WUHN) Announces Corporate Update

MONTREAL, Jan. 26, 2018 (GLOBE NEWSWIRE) — Via OTC PR Wire — SDT Holdings, Inc. / Wuhan General Group (China), Inc. (OTC PINK:WUHN) (the “Company”).

The Parent Company announces the following updates and developments:

  • Former officers and board of directors have stepped down from their position in the company while simultaneously appointing Ramy Kamaneh as the new President and CEO of Wuhan General Group (China), Inc.
  • The custodianship has been discharged and return control to Wuhan General Group Board of Directors.
  • Appointed lawyer firm BOOTH UDALL FULLER to expedite further transactions.
  • OTC filings and corporate profile, FINRA, State of Nevada name change all in progress.
  • Corporate website in development.
  • Currently interviewing auditors for compliance and up listing to a higher market place.
  • SDT Holdings, Inc. is finalizing the RTO transaction with Wuhan General Group (China), Inc.

The Company will be announcing in next week’s corporate updates and developments (letter of intent, joint ventures, partnerships, acquisitions, contracts …) regarding its subsidiaries.

“We have engaged the right resources in getting the Company current in a timely fashion as well as other related transactions. Also, would like to thank all my team for their effort to build this great future Nasdaq company as well as for all the interest and support from our current and prospective investors,” stated Ramy Kamaneh, CEO of SDT Holdings, Inc.

About

SDT Holdings, Inc. is a Montreal-based industrial technology holding company that focuses on the development, production and commercialization of its 4 subsidiaries: Mining Electrification, Cryptocurrencies/blockchain, Industrial Batteries, Internet of Things and Artificial Intelligence for the industrial market. We are dedicated to supplying quality, innovative technologies and battery solutions for the Transport, Mining, Agricultural, Industrial and Earthmoving Industries.

SDT Holdings, Inc.
Publicly traded company (USOTC Pink: WUHN)
Website: www.sdtholdings.com
For further information contact:
Phone: (514) 928-7368
E-mail: info@sdtholdings.com

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.

 

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SDT Holdings, Inc. / Wuhan General Group (China), Inc. (OTC PINK: WUHN) Announces First Corporate Press Release

MONTREAL, Jan. 23, 2018 (GLOBE NEWSWIRE) — Via OTC PR Wire — SDT Holdings, Inc. / Wuhan General Group (China), Inc. (OTC PINK:WUHN) (the “Company”).

SDT Holdings, Inc. is a Montreal-based industrial technology parent company that focuses on the development, production and commercialization of its subsidiaries: Mining Electrification, Cryptocurrencies/blockchain, Industrial Batteries and Internet of Things / Artificial Intelligence for the industrial market. We are dedicated to supplying quality, innovative technologies and battery solutions for the Transport, Mining, Agricultural, Industrial and Earthmoving Industries.

The Company will be announcing in the coming days a sequence of corporate updates and developments (joint ventures, acquisitions, contracts …) regarding the parent company as well as its subsidiaries. Let this be the start in establishing trust and transparency with our current and prospective investors.

“We have spent a lot of time and resources in getting the Company reinstated with the state of Nevada as well as other transactions and we couldn’t be more excited for what’s to come. 2018 will be a great year for us and our shareholders,” stated Ramy Kamaneh, CEO of SDT Holdings, Inc.

Communication
In addition, the Company would like to take the opportunity to inform shareholders that it will be using its twitter account for weekly update and press release for its major announcements. Please sign up to our newsletter on your coming soon webpage or e-mail at info@sdtholdings.com. We welcome shareholder questions.

About
SDT Holdings, Inc. is a Montreal-based industrial technology holding company that focuses on the development, production and commercialization of its 4 subsidiaries: Mining Electrification, Cryptocurrencies/blockchain, Industrial Batteries, Internet of Things and Artificial Intelligence for the industrial market. We are dedicated to supplying quality, innovative technologies and battery solutions for the Transport, Mining, Agricultural, Industrial and Earthmoving Industries.

SDT Holdings, Inc
Publicly traded company (OTC Pink: WUHN)
Website: www.sdtholdings.com
For further information contact:
Phone: (514) 928-7368
E-mail: info@sdtholdings.com

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.