HONG KONG, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Cirmaker Technology Corp (OTCQB:CRKT) (the "Company" or "CRKT Corp"), today announced after company changed name, will invest a business to China. CRKT will be investing around RMB$200,000,000 into Lithium Battery Materials project of Sun-Rising Group. Sun-Rising Group is a huge enterprise company in China. Its subsidiary Sun-Rising Group Copper Foil Technology Company Limited in China is a research and development, produce and sales company. The project in Sun-Rising Group of Lithium Battery Materials is to develop the coming vehicle market in China, it will have a long term potential development. As Lithium’s battery advantages are sizes small, electricity volume is large, high energy density and eco-friendly therefore it will become the coming market’s investing material in scientific for electricity devices and vehicle. This project will return on investment early next year for 10%.
Investing into Sun-Rising Group’s Lithium Battery Materials project fits CRKT target in high-growth areas where it is positioned for long-term relationship, shareholder value and growth, while making the company more efficient and profitable.
About CRKT Corp
CRKT Corp is primarily engaged in providing investment holding company.
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