ZHENJIANG, China, May 23, 2017 /PRNewswire/ -- Delta Technology
Holdings Limited (Nasdaq:DELT) today announced its strategic
partner plan.
Currently Delta has nearly released its full production capacity,
but still cannot meet the market demand. Therefore, Delta is
seeking strategic partners and is now contacting and negotiating
with several large-and-medium-sized OCT/PCT manufacturers in
China. Delta proposes to sell the
OCT/PCT and the downstream products of the said manufacturers by
signing exclusive sale agreements.
Thus, it can bring win-win results for both Delta and its
strategic partners. Delta can make more profit by furtherly
increasing its sales and expanding its market, while its partners
can also increase their profits and get their payment steadily by
furtherly releasing their production capacity, and increasing their
yield and sales with Delta's strong sales ability and channels.
Although the partners' unit profit will be less, they will face no
violent and direct competition against Delta.
About Delta Technology Holdings Ltd.
Founded in 2007, Delta Technology is a leading China-based chemical company producing and
distributing organic compounds. The end application markets of the
Company's products include 380 clients in the automotive,
pharmaceutical, agrochemical, dye & pigments, aerospace,
ceramics, coating-printing, clean energy and food additive
industries. Delta Technology has approximately 300 employees,
many of whom are highly-qualified experts and technical personnel.
The Company serves more than 380 clients in various industries and
has announced its plans to move into the Biotechnology sector.
Safe Harbor Statement
This press release may contain forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. These statements are subject to known and unknown risks,
uncertainties and other factors that may cause actual results,
performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by
such forward-looking statements. Statements preceded or followed by
or that otherwise include the words "believes," "expects,"
"anticipates," "intends," "projects," "estimates," "plans," and
similar expressions or future or conditional verbs such as "will",
"should", "would", "may" and "could" are generally forward-looking
in nature and not historical facts. Forward-looking statements in
this release also include statements about business and economic
trends. Investors should also consider the areas of risk described
under the heading "Forward Looking Statements" and those factors
captioned as "Risk Factors" in DELT's periodic reports under the
Securities Exchange Act of 1934, as amended, or in connection with
any forward-looking statements that may be made by DELT.
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SOURCE Delta Technology Holdings Limited
