QualityStocks would like to highlight
Dragon Capital Group Corp. (
OTC PINK CURRENT: DRGV). The company operates through its six subsidiaries in the People's Republic of China with a specific focus on the technology market. Serving as a conduit between Chinese high-growth companies and Western investors, the company provides support in the critical functions of general business consulting, formation of joint ventures, access to capital, merger & acquisition, business valuation, and revenue growth strategies.
In the company’s news,
Dragon Capital Group announced that its Shanghai Yazheng Information Technology Company (“Yazheng”) subsidiary has been chosen to complete a central control system upgrade project at Shanghai Water Company’s Huinan Waterworks facilities.
The project will include a full server and software upgrade at the facilities to maintain system integrity and minimize network failures. In an effort to improve operating efficiency at the plants, Yazheng will also automate the pump starting system. Furthermore, Yazheng will upgrade and fully automate the ammonia detection system at the facilities.
Mr. Lawrence Wang, Chairman and CEO of Dragon Capital Group, stated, “We are very pleased to have been selected by Shanghai Water Company for this automation project. We believe that this contract is another step in helping us reach our goal of successfully establishing a footprint within the utility company sector in China in order to lead to larger, more expansive utility projects. We intend to work diligently to support Yazheng in their efforts to build this important business segment for the future growth of Dragon Capital.”
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Forward-Looking Statement:
This 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. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
