Dogness Announces Grand Opening of U.S. Office
Mr. Silong Chen, Chairman and CEO of Dogness, stated, “We are excited to open our new office in Plano. Exports account for roughly half of our sales for our traditional product line and the United States is one of our focus markets for our smart pet ecosystem products, so it has been a key strategy to open a base to serve clients and drive new sales internationally.”
“In addition,” continued Mr. Chen, “I am pleased to announce that Dogness is entering the pet health and wellness market to better care for our four-legged friends. The science-based approach to pet health is mature in the U.S., so our base in Texas makes for an ideal location to house our R&D center for pet health and wellness. The R&D center will be led by Dr. Frank L. Jin, who holds a PhD degree in animal nutrition and has rich industry experience at leading companies such as Elanco/Eli Lilly, Chr.
The new office has capacity for 40 employees, who will focus on customer service, sales, and product research and development.
“Plano is a vibrant community and an ideal location for our U.S. headquarters, with its central location and a high concentration of technology companies to support our growth goals. With a local team focused on expanding our customer base, providing superior service, and supplementing our product development capabilities, we will be in a strong position to capture the growth opportunities in the $60+ billion U.S. pet industry and further our international expansion strategy,” concluded Mr. Chen.
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 the Company’s future growth prospects are forward-looking statements regarding the Company’s 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 the success of entry into any new market or operating from a new office, the Company’s ability to raise capital on any particular terms, fluctuations in earnings, fluctuations in foreign exchange rates, the Company’s ability to manage growth, the Company’s ability to attract and retain highly skilled professionals, client concentration, industry segment concentration, reduced demand for technology in the Company’s key focus areas, interaction between the Company’s smart products and the technology on which they rely and with which they interact, the Company’s ability to successfully complete and integrate potential acquisitions, and unauthorized use of the Company’s intellectual property and general economic conditions affecting the Company’s industry. Additional risks that could affect the Company’s future operating results are more fully described in the Company’s
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