Published:
Steadfast Holdings Group, Inc. Announces Research and Development Partnership With China's Active International Group
Steadfast Holdings Group, Inc. (PINKSHEETS: STHG) announced that it has signed an agreement with Active International
Group on a marketing research and development partnership.
Active International Group is a complete global solution for auto and truck
accessories including some of our existing product lines that may be
private labeled for STHG. This agreement is expected to allow STHG to
import the majority of its accessories business directly from the
manufacturer substantially reducing our cost for products.
STHG will also participate in Active International Group's China sourcing
programs and implementation of introduction services for American companies
seeking Chinese outsourced products. This will allow STHG to grow into
other possible product distribution areas including consumer goods,
building materials, chemicals for various lining material and other related
products in the United States and internationally.
About Active International Group
We are a leading offshore and China sourcing and outsourcing service. With
offices in North America and China we are a gateway between China and the
Americas. Our sourcing strategies reduce the risk of doing business with
Chinese manufacturers and exporters by taking on the risk ourselves and
still saving our clients substantial cost. Our clients provide the ideas
and samples and we get them acceptable goods at very reduced prices.
About Steadfast Holdings Group, Inc.
Steadfast Holdings Group, Inc. is the parent of Steadfast Automotive and
Steadfast Custom Linings that provide custom auto and truck coatings, bed
liners, custom interior kits for commercial vehicles and other accessories.
Additional revenue sources include spray on coatings for bridges, exterior
metals, and many other commercial applications plus the sale of store
licenses and product sales to licensees.
Safe Harbor
Statements regarding financial matters in this press release other than
historical facts are "forward-looking statements" within the meaning of
section 27A of the Securities Act of 1933, Section 21E of the Securities
Exchange Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The company intends that such statements
about the Company's future expectations, including future revenues and
earnings, and all other forward-looking statements be subject to the safe
harbors created thereby. Since these statements (future operational results
and sales) involve risks and uncertainties and are subject to change at any
time, the Company's actual results may differ materially from expected
results.
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