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New Applications, Expanding Markets Propel Earth Observation Geospatial Data Services Revenue to US$15 Billion

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NEW YORK, Aug. 7, 2025 /PRNewswire/ — Global demand for Earth observation (EO) geospatial data is rising, driven by increased interest and investment in geospatial intelligence. According to global technology intelligence firm ABI Research, the EO sector is projected to generate US$15 billion in revenue by 2030. Europe is expected to lead with the highest compound annual growth rate (CAGR) of 20.5% from 2024 to 2030, followed closely by the Asia-Pacific region at 19.6%. In contrast, the Middle East and Africa are projected to experience more modest growth, with a CAGR of 10.4%.

“We’re seeing a growing wave of investment in EO applications across a wide range of industries, including agriculture, mining, and government,” said Rachel Kong, Research Analyst at ABI Research. “The use of satellite imagery has surged in both government and commercial sectors. This increase is driven by the need for real-time, data-informed decision-making, along with the clear return on investment EO data can deliver.

“At the same time, we’re witnessing rapid innovation in EO solutions, including the integration of artificial intelligence (AI) to extract insights from scientific-grade imagery, the deployment of multi-sensor satellites to enhance capabilities, and advancements in data processing for faster, more efficient analysis. For downstream customers, this translates to higher-resolution imagery, more frequent updates due to increased revisit rates, and smoother, more streamlined operations.”

The agriculture sector is projected to grow at a CAGR of 15.0% from 2024 to 2030, driven by expanding applications such as precision agriculture, crop health monitoring, and land use analysis. Meanwhile, the supply chain and transport sector is expected to see a higher CAGR of 16.7%, as EO technologies play a critical role in enabling real-time visibility, asset tracking, and infrastructure management, particularly in response to recent global supply chain disruptions. Leading EO companies such as Maxar, BlackSky, ICEYE, and Capella Space continue to invest heavily in scaling their satellite constellations and enhancing solution capabilities to meet rising demand.

While North America currently leads in EO industry investment and innovation, regions like Europe and Asia-Pacific are quickly accelerating their efforts.

“EO solution providers looking to scale their operations should explore opportunities in emerging markets and industries where demand is growing rapidly,” said Kong. “These regions are ramping up investments in AI and developing critical infrastructure, including data centers and manufacturing facilities. This shift is driving growing demand for sovereign capabilities to strengthen resilience and enhance security.

“As applications and use cases continue to emerge and evolve, solution providers are expected to keep innovating their solutions. We’ll also see more players entering the market, which will drive both supply and quality of EO data upward.”

These findings are from ABI Research’s Earth Observation Geospatial Data Revenue market data report, part of the company’s Space Technologies and Innovation research service, which includes research, data, and ABI Insights. 

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司，拥有得天独厚的优势，充当终端市场公司和技术解决方案提供商之间的桥梁，通过提供独家研究和专业性指导，推动成功的技术实施和提供经证明可吸引和留住客户的战略，无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info: 

Global
Jason Scheer
Tel: +1.516.624.2558
pr@abiresearch.com       

Apex Invest Digital Selects Coinbase Asset Management as Headline Sponsor for Inaugural Apex Invest Digital Program

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NEW YORK, Aug. 7, 2025 /PRNewswire/ —  Apex Invest is pleased to announce Coinbase Asset Management as Headline Sponsor for the inaugural Apex Invest Digital, a new initiative connecting investors with the institutional digital asset market.

Taking place on September 22, 2025, at the Lausanne Palace, Switzerland, Apex Invest Digital has been developed in partnership with Penrose Partners, a leading digital asset advisory firm. The program aims to equip institutional investors with the knowledge, tools, and trusted relationships needed to navigate the evolving digital asset landscape.

Apex Invest Digital takes place ahead of Apex Invest Europe (September 23-24, 2025), which brings together LPs and GPs globally for two days of exclusive content, networking, and one-on-one meetings. Together, the events create a comprehensive three-day conference for institutional investors to explore both digital and traditional asset opportunities.

As the headline sponsor, Coinbase Asset Management will play a key role in achieving this vision.

“We are proud to be selected as headline sponsor of Apex Invest Digital,” said Anthony Bassili, President of Coinbase Asset Management. “As Apex Group expands into the digital asset ecosystem, we’re pleased to work together as we provide institutional allocators with critical education, insights, and access to digital asset investment opportunities.”

“With the launch of Apex Digital 3.0, we bring all financial players together to unlock a new era of distribution,” said Daniel Coheur, Global Head of Digital Assets at Apex Group. “Through Apex Invest Digital, LPs gain direct access to curated digital assets, bridging the notable gap in distribution. This is what sets Apex Digital 3.0 apart. We’re pleased to work with Coinbase Asset Management to deliver real value and broader investor access.”

To set the stage ahead of the in-person event, Apex and Coinbase Asset Management will host a series of educational webinars for institutional investors interested in learning more about digital asset investments, highlighting key trends across institutional-ready products and frameworks for evaluating digital asset opportunities and risks.

Tickets and sponsorship packages for Apex Invest Europe and Apex Invest Digital (Europe) are now available at https://events.apexinvest.io/apex-invest-europe.

Media Contact:
Lorna Hutchman
lorna@penrosepartners.com 

About Penrose Partners

Founded in 2019, Penrose Partners is a digital asset consultancy that advises public and private sector institutions on strategy, business development, and education programs. Penrose’s mission is to help drive the global adoption of digital assets to create a more open and inclusive financial system. The firm works at the intersection of innovation, regulation, and enterprise, supporting leading organizations including Coinbase, Circle, 3iQ, the NEAR Foundation, and the Government of Bermuda. Headquartered in Bermuda, Penrose Partners operates globally across London, Montreal, New York, and Toronto.

About Apex Group

Apex Group is dedicated to driving positive change in financial services while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the industry through its investment in innovation and talent.  Today, Apex Group sets the pace in fund and asset servicing and stands out for its unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals.

Apex Group leads the industry with a broad and unmatched range of services, including capital raising, business and corporate management, fund and investor administration, portfolio and investment administration, ESG, capital markets and transactions support. These services are tailored to each client and are delivered both at the Group level and via specialist subsidiary brands.

The Apex Foundation, a not-for-profit entity, is the Group’s passionate commitment to empower sustainable change.

PartnerOne Acquires Workforce Tech Leader Monster Government Solutions

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RIVERSIDE, Calif., Aug. 7, 2025 /PRNewswire/ — PartnerOne, one of the fastest growing enterprise software conglomerates in the world, has announced the successful acquisition of Monster Government Solutions, the leading innovator of federal talent acquisition and workforce development technology solutions for the government and public sector.

For over 24 years, Monster Government Solutions has been dedicated to the continuous advancement and innovation of workforce technology solutions that support the public sector by helping align talented people to meaningful jobs. Whether hiring for government agencies or cultivating regional workforces, Monster Government Solutions is a committed partner to U.S. federal, state and local governments and workforce development organizations.

The acquisition by PartnerOne provides Monster Government Solutions (MonsterGov) with the stability, focus, and long-term investment needed to strengthen its core offerings and accelerate innovation in the workforce development and government talent acquisition space.

Under PartnerOne’s proven model, MonsterGov now has a forever-home and will operate with dedicated resources and leadership while benefiting from operational best practices, financial backing, and a commitment to customer success. For customers and partners, this means improved support and services, renewed product investment, and a sharper focus on delivering secure, compliant, and cutting-edge hiring and workforce solutions tailored to public sector needs. The future of MonsterGov is one of stability, growth, and deepened commitment to the agencies and partners it serves.

“With PartnerOne’s robust financial backing and deep software expertise, MonsterGov is poised to accelerate innovation and expand our impact across government with our talent acquisition and workforce solutions. PartnerOne will strengthen our ability to deliver mission-critical capabilities to our clients and reinforce our leadership in the public sector market for years to come,” said Susan Fallon, General Manager, Monster Government Solutions.

PartnerOne and its portfolio companies are trusted providers to Federal and State Government agencies – delivering secure, reliable solutions that are deeply embedded in mission-critical operations. PartnerOne not only provides a forever-home for its companies, but invests to make them stronger and ensure customers receive market-leading solutions and unprecedented value. This acquisition reinforces PartnerOne’s long-term strategy: growing enterprise software companies that drive measurable outcomes for the customers and partners it serves.

About PartnerOne:

PartnerOne is one of the fastest growing enterprise software groups in the world, with a proven track record of acquiring and growing enterprise software companies. Over 1,500 enterprise and government organizations rely on PartnerOne software, including 80% of the largest companies in the world.

About Monster Government Solutions:

Monster Government Solutions is an industry leader in talent acquisition and workforce development technology solutions for the U.S government and public sector. For more information, visit monstergov.com.  

 

Pioneering new horizons: Club Med announces new resort in Manado, Indonesia, expanding its Southeast Asia portfolio

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HO CHI MINH CITY, Vietnam, Aug. 7, 2025 /PRNewswire/ — Club Med, the pioneer in premium all-inclusive holidays for 75 years, and PT Grahatama Kreasi baru (GKB), a leading Indonesian hospitality developer, announced the signing of a Hotel Management Agreement that heralds the highly anticipated Club Med Manado in North Sulawesi, adding another jewel to the East and Southeast Asia region portfolio.

Club Med announces new resort in Manado, Indonesia, expanding its Southeast Asia portfolio
Club Med announces new resort in Manado, Indonesia, expanding its Southeast Asia portfolio

This project reinforces Club Med’s long-term commitment to Indonesia, becoming its third resort in the archipelago after the iconic Club Med Bali (1984) and Club Med Bintan (1997). The development underscores Club Med’s strategic growth within Southeast Asia, aiming to offer even more diverse and premium holiday experiences in highly sought-after destinations.

Acknowledged as the “Land of the Smiling People,” North Sulawesi is a captivating province brimming with vibrant culture and marine life. Located on the east bay of the island and just a 70-minute drive from Sam Ratulangi International Airport, Club Med Manado is a gateway to a natural paradise, featuring 250 rooms with breathtaking views of the Molucca Sea and Mount Klabat.

Guests can expect exciting dining concepts blending international cuisines with bold local Manadonese flavours. The resort will embody Club Med’s signature blend of convivial spirit and diverse activities, including the renowned Kids Club and Amazing! Family programs. An Exclusive Collection space will also provide an elevated level of privacy and upscale amenities.

As part of its commitment to responsible growth, Club Med aims to achieve a BREEAM ‘Very Good’ certification for the new construction. Beyond this, the project is expected to create over 1,000 jobs for Indonesians, significantly boosting the local economy in Manado and providing long-term employment opportunities.

Club Med Manado is anticipated to open its doors in 2028.

ABOUT CLUB MED

Club Med, founded in 1950 by Gérard Blitz, invented the all-inclusive holiday club concept, adding in activities especially for children with the creation of the Mini Club in 1967. Led by its pioneering spirit, Club Med seeks out exceptional destinations and sites. Today, Club Med is the world’s leading provider of upscale, all-inclusive holiday packages with a French touch for families and active couples. Club Med operates nearly 70 Resorts, of which 97% are rated Premium & Exclusive Collection. Present in 30 countries around the world, the Group employs more than 23.000 Gentle Organisers (G.Os) and Gentle Employees (G.Es), representing 110 nationalities.

 

POP Culture and Ciwen Media Forge Strategic Partnership to Jointly Create a New Chapter for Chinese Wave Entertainment

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XIAMEN, China, Aug. 7, 2025 /PRNewswire/ — Recently, POP Culture and Ciwen Media officially established a strategic cooperative relationship. This collaboration marks a significant step forward for POP Culture in deepening its layout within the Chinese Wave (Huáliú) culture and expanding channels for high-quality content distribution. The two parties will join forces, integrating their respective advantageous resources and core competencies, to jointly provide a robust support platform for outstanding singers, musicians, and their premium content within the domestic music and performance market.

After months of planning, refinement, and careful selection and evaluation of partners, POP Culture and Ciwen Media will collaborate in the second half of 2025 to launch exclusive tour projects for multiple artists, including Su Xingjie and Liu Dazhuang, in key cities across the country. The inaugural stop of these exclusive tours—the 2025 Su Xingjie “Do You Still Remember” Concert – Chengdu Stop—will grandly commence on August 30th at Hall No. 6 of the ZhengHuo Art Center in Chengdu.

As a pioneering enterprise deeply rooted in Chinese Wave culture and a trendsetter, POP Culture has consistently dedicated itself to exploring the music performance market and incubating and operating trendy IPs, accumulating profound industry resources and extensive operational experience. Ciwen Media, adhering to its dual-core driving model of “Endogenous Growth” + “Capital Platform Expansion of a Listed Company,” possesses a mature system in film and television production, artist management, and large-scale entertainment projects, boasting strong content production capabilities and significant industry influence. This cooperation represents not only a deep exploration of the commercial value of Chinese Wave music but also an active exploration into the industrialized operation of local cultural IPs.

Looking ahead, both parties will work together to continue leveraging their respective strengths and business potential. Through synergistic resource effects, they aim to facilitate the implementation of more high-quality performance projects, actively expand the innovative boundaries of the performance industry, and jointly contribute to the prosperous development of China’s music and entertainment industry. As strategic partners, both companies will grow together, actively promote industry progress, and bring a wider audience more “high-quality and diverse” cultural products.

About CPOP (Pop Culture Group Co., Ltd):

Pop Culture Group Co., Ltd is a cultural industry operation enterprise focused on the industrialization of Chinese Pop Culture, incorporated in the Cayman Islands with its main operations located in China. The company offers a range of services including live performances, artist management, intellectual property rights, film and television production, MCN (Multi-Channel Network), and entertainment marketing. Originally focused on hip-hop culture, Pop Culture Group Co., Ltd has evolved into a diversified group specializing in Chinese Pop Culture. Its comprehensive business ecosystem spans both online and offline platforms, including: (1) live entertainment events (such as concerts, music festivals, street dance competitions, and other performances); (2) digital entertainment services; (3) artist management and agency services; and (4) investment in and production of film and television content featuring elements of Chinese Pop Culture.

Forward-Looking Statements

This press release contains, “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. CPOP’s actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, but are not limited to, statements about: CPOP’s goals and strategies; CPOP’s future business development, financial condition and results of operations; expected changes in CPOP’s revenues, costs or expenditures; competition in the industry; relevant government policies and regulations relating to our industry; general economic and business conditions globally and in China; and assumptions underlying or related to any of the foregoing. CPOP cautions that the foregoing list of factors is not exclusive. CPOP cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. CPOP does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, subject to applicable law. Additional information concerning these and other factors that may impact our expectations and projections can be found in CPOP’s periodic filings with the SEC, including CPOP’s Annual Report on Form 20-F for the fiscal year ended June 30, 2024. CPOP’s SEC filings are available publicly on the SEC’s website at www.sec.gov. 

FORLAND Gains Popularity in Southeast Asia, Delivers 260 Trucks to Philippines

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ANGELES CITY, Philippines, Aug. 7, 2025 /PRNewswire/ — According to m.Chinatrucks.org, FORLAND held a delivery ceremony in August 2025 to hand over 260 light trucks to local transport company YIMI CARGO in Angeles city, the Philippines. The event, co-hosted by FORLAND, YIMI CARGO, and Philippine partner QSJ Motors, drew senior executives, partners, and media representatives. The delivery represents a key milestone for FORLAND in the Philippine market and reflects the company’s expanding presence in Southeast Asia and the global commercial vehicle industry.

ORLAND held a delivery ceremony in August 2025 to hand over 260 light trucks to local transport company YIMI CARGO in Angeles city
ORLAND held a delivery ceremony in August 2025 to hand over 260 light trucks to local transport company YIMI CARGO in Angeles city

The delivered trucks include FORLAND’s L5 and T5 series. The L5 light trucks, powered by the engine developed using German FEV technology, serve transport needs between 6.5 and 9 tons gross vehicle weight (GVW). They feature extra-wide cargo beds capable of holding two rows of pallets side by side, significantly improving loading efficiency. The cabs offer comfort comparable to that of a passenger car. The T5 mini trucks, designed for urban “last-mile” delivery, are equipped with engines derived from Japan’s Dong’an and Germany’s FEV technology. Covering 2.5 to 4.5 tons GVW, these trucks feature lightweight bodies and low cargo beds to facilitate easy loading and unloading. They are well suited for express delivery, fresh produce, and other city logistics.

YIMI CARGO is the English brand name of YIMI TRANSPORTATION PHILIPPINES INC, operated overseas under China’s Sands Group, with presence in China, Indonesia, Malaysia, Singapore, and the Philippines. “The company chose FORLAND trucks due to the reliability of its products and professionalism in service”, said Chen Guilin, YIMI CARGO Philippines operations director.

“This is not just a delivery ceremony. It marks the start of a long-term strategic partnership between FORLAND, the Philippine market and logistics customers”, said Sun Chaoshan, deputy general manager of FORLAND’s Overseas Business Department. He noted FORLAND has delivered more than 6.6 million commercial vehicles across more than 50 countries and regions since its founding in 1999. Moving forward, FORLAND plans to introduce new energy and digital products tailored to local markets in the Philippines and Southeast Asia to support regional logistics development.

Since entering the Philippine market in 2009, FORLAND has delivered tens of thousands of commercial vehicles, including logistics trucks, dump trucks, refrigerated trucks, and special-purpose vehicles. Together with local partner QSJ Motors, FORLAND has built a strong local support system for after-sales service, spare parts, and technical support to ensure worry-free vehicle operation throughout the product life cycle. With its integrated sales, service, and localization model, FORLAND has become a leading brand in the medium- and high-end commercial vehicle market in the Philippines.

FORLAND now has a growing presence across Southeast Asia, with operations in Indonesia, Malaysia, Thailand and the Philippines. Building on its regional footprint, the company aims to continue expanding globally and advancing “Made in China” commercial vehicles worldwide.

 

Building Smarter Equipment: SANY Is Accelerating Intelligent Transformation

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SHANGHAI , Aug. 7, 2025 /PRNewswire/ — Amid the global shift toward intelligent and low-carbon manufacturing, SANY has been committed to its strategy of “Globalization, Digitalization, Decarbonization”. By focusing on intelligent products, manufacturing, and operations, the company is accelerating its transition from a traditional equipment manufacturer to a data-intelligent terminals provider.

 

SANY’s autonomous paving & compaction fleet

To support this shift, SANY is upgrading core equipment with automation, digitalization, and intelligent technologies, while rapidly expanding global smart manufacturing and digital operation systems. The company has now established intelligent research institutes across all R&D centers. Leveraging technologies such as the Internet of Vehicles (IoV), artificial intelligence, and big data, SANY has developed a diversified portfolio of smart products covering multiple application scenarios.

Intelligent Deployment Across Key Industries

In fields such as mining, urban infrastructure, and energy development, SANY’s intelligent products are already in operation.

In Inner Mongolia, 40 autonomous off-highway mining trucks operate in coordinated 24/7 fleets at a major coal mine; In Kunming, unmanned loaders run nonstop at a concrete batching plant; SANY Heavy Truck’s smart fleet management system enables a 15-member team to manage over 200 trucks.

Through these deployments, SANY integrates equipment, workflows, and digital systems, enabling machines to “think, decide, and collaborate”.

Road Machinery as a Smart Showcase

In SANY’s smart innovations, the autonomous paving & compaction fleet has become a standout example. On July 16, SANY hosted its first Global Road Machinery Premium Customer Summit in Changsha, where over 600 customers from nearly 40 countries witnessed its intelligent paving solution in action.

During the demonstration, an autonomous paver laid a 100-meter asphalt road with high precision, followed seamlessly by two double-drum rollers and two pneumatic rollers. The real-time coordination and quality impressed customers across the board.

Since launching its first-generation unmanned road machine fleet in 2019, SANY has developed it to the third generation, now equipped with:

  • Precision Control: Self-developed technology integrating perception and positioning for precise curb detection, enabling zero-edge deviation.
  • Enhanced Safety: Unmanned driving system, LiDAR & vision fusion for obstacle avoidance, reducing over 60% on-site workforce.
  • Smart Optimization: Automatically adjust compaction methods based on site conditions while ensuring surface layer flatness (σ < 0.75 mm).

The autonomous fleet has now been deployed in over 50 projects in China.

Looking ahead, SANY will increase its investment in intelligent and core technologies R&D, and respond to market demands efficiently, continuously delivering cutting-edge, efficient, and green equipment solutions to global customers!

Massimo Group (NASDAQ: MAMO) Strengthens Global Supply Chain With Vietnam Manufacturing Partnership; Golf Cart Deliveries to U.S. Imminent

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GARLAND, Texas, Aug. 7, 2025 /PRNewswire/ — Massimo Group (the “Company” or “Massimo Group”) (NASDAQ: MAMO) today announced that in addition to manufacturing its golf carts at its Garland, TX facility, the Company will soon begin taking deliveries of its new feature-rich six seater golf carts from a key manufacturing partner in Vietnam, with shipments scheduled to arrive in the U.S. in the near term.

Expanding production into Vietnam underscores Massimo Group’s commitment to supply-chain diversification, cost efficiency, and enhanced quality control. Streamlined logistics and port diversification are expected to improve lead times, reduce freight variability, and strengthen inventory flexibility—advantages that position Massimo to meet growing demand while safeguarding long-term margins.

“Our Vietnam production partnership is a major win for Massimo Group and everyone we serve,” said David Shan, CEO of Massimo Group. “In the near term, our U.S. retail and dealer partners will start receiving our latest six seater golf carts—vehicles that combine exceptional quality, innovative features, and competitive pricing. These steps help us deliver value and reliability to customers.”

The Massimo MVR4X Six-Seater, is built for families and groups, featuring a powerful 48V 5KW AC motor, 60km driving range, and comfortable McPherson independent suspension for a smooth ride. With a steel chassis treated for rust resistance, front disc and rear drum brakes with electromagnetic assistance, and 14-inch aluminum rims, the MVR4X is engineered for safety and durability. A long, protective roof, plastic-molded rear seats with under-seat storage, and a foldable windshield enhance passenger comfort, while an LED lighting system with turn signals, brake lights, and horn ensures visibility and safety.

This model delivers premium performance, comfort, and durability—well-suited for both recreational and lifestyle applications, with a value proposition designed to compete with industry leaders.

Strategic benefits of the Vietnam partnership include:

  • Near-Term Market Impact: Deliveries scheduled to begin shortly, ensuring timely availability for U.S. retail and dealer partners.
  • Reduced Logistics Risk: Streamlined ocean routes and port diversification aim to lower freight variability and improve predictability.
  • Improved Quality Control: Closer collaboration with the Vietnam manufacturing partner enhances product consistency and oversight.
  • Competitive Advantage: Feature-rich golf carts designed to deliver superior value, strengthening Massimo’s position in a growing market segment.

This expansion in Vietnam builds on Massimo Group’s broader global production realignment, further insulating the company from disruptions while enhancing its ability to scale efficiently and capture new market opportunities

About Massimo Group (NASDAQ: MAMO)
Massimo Group is a manufacturer and distributor of manufacturers of powersports products. Headquartered in Texas, the company offers a full lineup of UTVs, ATVs, and mini bikes built for outdoor adventure. Massimo Group is dedicated to providing high-performance, reliable, and affordable vehicles for consumers across the United States.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to Massimo. All statements other than statements of historical facts contained in this press release, including statements regarding Massimo’s future results of operations and financial position, Massimo’s business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Massimo are forward-looking statements. In some cases, forward-looking statements can be identified because they contain words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “predict,” “project,” “target,” “potential,” “seek,” “will,” “would,” “could,” “should,” “continue,” “contemplate,” “plan,” and other words and terms of similar meaning. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, risks relating to Massimo which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth economically and hire and retain key employees; costs; changes in applicable laws or regulations; the possibility that Massimo may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties, including those under “Risk Factors” in filings with the SEC made by Massimo. Moreover, Massimo operates in very competitive and rapidly changing environments. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond Massimo’s control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. No assurance can be given regarding the forward-looking statements, and actual results may differ materially from those as indicated. Massimo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company
Dr. Yunhao Chen
Chief Financial Officer
Massimo Group
ir@massimomotor.com

Corporate Communications
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com

 

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