DONGGUAN, China, June 21,
2022 /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 its Intelligent Pet products climbed into the Top 3
ranking for CAM Feeders on both JD.com and Taobao, during
China's major 618 shopping
holiday.
Held in the run-up to June 18, 618
is China's second-largest shopping
event by sales after the annual November 11's Singles Day. The
Company's sales success follows its strategic decision in the
second half of 2021 to dedicate greater resources to produce and
promote sales of its higher margin intelligent pet products.
Highlights included the Dogness F10 wide view CAM feeder, the
Company's wide-vision Smart Feeder launched in February 2022. Dogness new Smart Feeder
integrates pet feeding and intelligent monitoring. It is equipped
with a 1080P wide-angle, high-definition, night vision camera,
which can observe pet feeding from a vertical angle, giving pet
owners peace of mind knowing their beloved pets are eating normally
and providing the security of visual confirmation. Notable design
innovations include the separate detachable food storage structure,
which solves a huge problem by keeping pet food fresh and
moisture-proof, and enabling convenient cleaning for better pet
health.
Silong Chen, Chairman and Chief
Executive Officer of Dogness, commented, "618 is one of the world's
largest shopping events and we are pleased with our solid
performance this year. Our strong sales directly reflect the
quality of our innovative smart pet products and the increased
momentum in our business. This success is a continuation of the
growth we achieved last year, with over 192% sales growth reported
in our intelligent pet products for the second half of 2021. We are
even more excited about our growth opportunities in the coming
quarters given the strength of our products and expansive retail
partnerships. We believe the industry remains in a multi-year
growth phase and we are well positioned with the company's best
product portfolio ever, along with the inventory needed to support
the increased demand for our products. We also remain committed to
R&D strength in 2022, with plans to continue expanding pet
quality of life applications as we further expand our product
matrix to capture the full benefit of our potential, as we become a
leading intelligent pet products brand worldwide."
Dogness has built an integrated sales platform across all
channels, with major customers including, Petco, PetSmart, Costco
Wholesale Corporation, Sam's Club, Walmart, Target,
QVC®, Pet Value, Pets at Home, PETZL, Petmate,
Trendspark, Anyi Trading, IKEA, SimplyShe, and online shopping
platforms, such as Amazon, Chewy.com, Boqii Holding Limited,
Target.com, HomeDepot.com, Loews.com, Wayfair.com, JD, Tmall and
Taobao, as well as live streaming sales platforms hosted by
influencers.
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 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
