VANCOUVER, British Columbia--(BUSINESS WIRE)--DTS8 Coffee Company, Ltd., (OTCQB:BKCT) (BERLIN:9BE) announced today that it has developed a partnership with Huzhou Nanxun Xinya Agriculture Development Co., Ltd. and Shanghai Sunya Food (“Xinya”). Xinya manufactures and sells food products to retail food convenience stores throughout China. Xinya operates a food processing facility in Nanxun Town, Huzhou. DTS8 currently leases from Xinya, approximately 1,041 square meters (11,205 square feet) of the factory space, for its roasting facility.
Douglas Thomas, CEO of DTS8 said that, “We have made a strategic partnership with our landlord to access Xinya’s major customer Xinghua Lou Group which owns and operates approximately 4,000 food convenience retail shops. Xinya also sells to Chinese restaurants under the umbrella of Xinghua Lou Group as well as Sunya Cantonese Restaurant & Food. Xinghua Lou Group’s restaurants have been in existence since the Qing Dynasty and are well known and highly regarded in China.”
DTS8 Coffee Company, Ltd., is a Canadian based, purveyor of artisan roasted, gourmet coffee, in China. Its “Premium”, “Single Origin Premium”, “Don Manuel”, and “Private Label” brands are available in Shanghai and other cities in China. The coffees are well regarded for their uniqueness, consistency and special flavor characteristics, reaching consumers at many restaurants, multi-location coffee shops, online and offices. For additional information visit us at www.dts8coffee.com.
Except for the historical matters contained herein, statements in this press release contain “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements involve risks and uncertainties which may affect the DTS8’s current and future business and prospects. Actual results could differ materially, as a result of various risk factors including but not limited to: (1) competition in the markets for DTS8’s coffee; (2) the ability of DTS8 to execute its business plan; and (3) other factors detailed in DTS8’s public filings with the SEC. By making these forward-looking statements, DTS8 can give no assurances that transactions described in this press release will be successfully completed, and undertakes no obligation to update these statements for revisions or changes after the date of this press release. This release should be read in conjunction with DTS8’s Annual Report on Form 10-K and its other filings with the SEC through the date of this release, which identifies important factors that could affect the forward-looking statements in this release. In addition, factors that could cause actual results to differ materially from those contemplated in the statements include, without limitation, overall economic conditions, and other risks associated generally with the green bean coffee business. These forward-looking statements are not guarantees of future performance.