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Dogness (International) Corporation Announces Strategic Investment in Petcare Internet of Things Platform

On May 19, 2025, Dogness Corporation, headquartered in Dongguan, China, and Plano, Texas, revealed plans to acquire a 19.5% ownership interest in a company specializing in smart petcare technologies, known as Dogness Intelligent Technology.
Dogness agreed to acquire a 19.5% stake in DITC by transferring its Class A shares along with related share purchase options, partnering with the pet IoT platform developer established in 2018.
DITC designs intelligent, user-focused petcare devices and applications that monitor pets’ behavior and gather health information, allowing owners to stay informed even when they are away.
CEO Silong Chen expressed enthusiasm about Dogness’s decision to take a strategic equity position in DITC, highlighting the increasing emphasis on pet health and the rising demand for IoT-enabled monitoring solutions.
This investment aligns with Dogness' strategic goals to leverage DITC's innovative approach and explore new growth opportunities in the expanding petcare market.

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Dogness (International) Corporation Announces Strategic Investment in Petcare Internet of Things Platform

DONGGUAN, China and PLANO, Texas, May 19, 2025 /PRNewswire/ -- Dogness (International) Corporation ("Dogness" or the "Company") (NASDAQ: DOGZ), a developer and manufacturer of a comprehensive line of Dogness-branded, OEM and private label pet products, today announced that the Company…

11 months ago

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