PLANO, Texas, April 8, 2021 / PRNewswire / – Dogness (International) Corporation (“Dogness” or the “Company”) (NASDAQ: DOGZ), developer and manufacturer of a full line of Dogness, OEM and private label pet products, today announced its -commercial sales in China increased 24 times for calendar year 2020, compared to calendar year 2019, thanks to the company’s expanded line of smart pet products.
Silong Chen, President and CEO of Dogness, commented, “We have established Dogness as a leading brand for pet parents looking for innovative, high-quality products, including our expanded line of enhanced IoT solutions. for pets and smart products. Our focus on the health and welfare of pets gives us a competitive advantage, with our smart pet feeder ranked in the Top 3 in the category, and strong demand for our smart water fountains, leashes, necklaces and a wider range of products. in e-commerce demand during the COVID-19 pandemic. As a result, we far exceed the global market, with our online sales in China in calendar year 2020, increasing by approximately 2,400%, compared to an overall growth of approximately 2% for from China urban market for pets (dog and cat). “
Looking ahead, Mr. Chen added, “We remain steadfast in our commitment to invest in research and development as we work to bring exciting new pet products to market, including our recently launched Innovative Dogness Smart GPS Pet Tracker, the next generation of intelligent pet tracking, providing real-time positioning with pinpoint accuracy. China market will continue to grow and increase as a percentage of our global sales. To meet the continued expansion of the market, we will invest and add further automation to our production and logistics as we seek to improve efficiency and order delivery capabilities. At the same time, we are accelerating product development in our state-of-the-art R&D center, which opened in Dongguan Last year. Through a series of initiatives, Dogness will continue to improve its ability to quickly process orders, optimize the aftermarket product sales experience and generate strong growth momentum.
Dogness (International) Corporation was founded in 2003 from the belief that pet dogs and cats are important and beloved members of the family. With its smart products, hygiene products, health and wellness products and leash products, Dogness is able to simplify the lifestyle of pets, make them more scientific and improve the relationship between pets and their caretakers. The company guarantees industry-leading quality through its fully integrated vertical supply chain and world-class research and development capabilities, which have resulted in more than 200 patents and pending patents. Dogness products reach families all over the world through global chain stores and distributors. For more information, please visit: ir.dogness.com.
Nothing in this press release should be construed as an offer to buy or sell any securities. Any such offer may only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Certain statements in this press release regarding our prospects for future growth 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 contained in these forward-looking statements. The risks and uncertainties associated with these statements include, without limitation, the risks and uncertainties regarding the lingering effects of the Covid-19 pandemic on the activities of our customers and the disposable income of end buyers, our cooperation with companies telecommunications to ensure 4G coverage, our ability to meet development, production and shipping goals, our ability to raise capital on specific terms, fulfillment of customer orders, profit fluctuations, fluctuations exchange rates, our ability to manage growth, our ability to generate income through expansion of operations and acquired assets in China and the United States, our ability to attract and retain highly qualified professionals, customer concentration, concentration of industry segments, reduced demand for technology in our key focus areas, our ability to lead to properly 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 results of operations are described in more detail in our filings with the United States Securities and Exchange Commission. These files are available on www.sec.gov. Dogness may, from time to time, make additional written and oral forward-looking statements, including statements contained in documents filed by the Company with the Securities and Exchange Commission and in our reports to shareholders. In addition, please note that all forward-looking statements contained in this document are based on what we believe to be reasonable assumptions 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 required by law.
SOURCE Dogness International Corporation