CDBT'S Transport Operations Expand

Rhea-AI Summary

China Dasheng Biotechnology Co. (OTC PINK:CDBT) has expanded its transport operations through its subsidiary Roadbees Transport Pty Ltd. The company has relocated its operations to Yatala, Brisbane, increasing its pallet storage and handling capabilities. CDBT plans to grow its transport division and eventually separate it into a stand-alone entity.

Positive

• China Dasheng Biotechnology Co. expands transport operations, increasing pallet storage and handling capabilities in Brisbane.
• CDBT plans to grow its transport division and potentially list it on the ASX.

Negative

• None.

ARUNDEL, AUSTRALIA / ACCESSWIRE / June 5, 2023 / China Dasheng Biotechnology Co. (OTC PINK:CDBT) as disclosed, holds transport assets and operations in their normal course of business. CDBT is a major shareholder of Seven States Limited, the parent company of Roadbees Transport Pty Ltd.

In 2019, Roadbees Transport leased a small yard area and office space from Moxy Logistics Pty Ltd at the Acacia Ridge, Brisbane facility. Moxy Logistics has recently doubled their capabilities and relocated their operations to Yatala, Brisbane, taking their pallet storage and handling from 9000 pallets to 18,000 pallets and increasing their Disruptive Packaging capabilities. During the planned relocation, Moxy Logistics invited Roadbees Transport to move with them. Roadbees Transport now operates from standalone world class office facilities and yard space in Stockland's Yatala Industrial Precinct.

Moxy Logistics Pty Ltd provides seamless precision and peace of mind for every business, large or small; with products arriving safely and on time. Managing standard pallet to complex products and online requirements. Moxy is HAACP and AQIS Certified for all your food and pharmaceutical requirements. www.moxylogistics.com.au

Disruptive Packaging Pty Ltd - Inventers of the patented revolutionary and recyclable UNiCOR® and UNiCOOL® products. Materials designed to replace waxed cardboard and polystyrene for a healthier planet. Packaging that is Better, Stronger, Greener. www.disruptivepackaging.com

Roadbees Transport Pty Ltd supplies logistics, distribution, and specialized freight services for both local and interstate. We achieve these reliable freight services through collaboration with our strong partner network, including Moxy Logistics for on-time and safe deliveries. www.roadbeestransport.com .

CDBT is planning to grow the transport division across the last 2 quarters of 2023 and then separate the transport division, which is under the Seven States Limited banner, into a stand-alone entity. The board of Directors for Seven States Limited has been investigating a possible ASX listing for several years, and this would set the foundations in place.

/S/ Micheal Nugent
CEO of CDBT

# # #

CDBT. Cycclone Magnetic Engines, Inc.

On April 24, 2023, CDBT entered an Share Exchange Agreement to acquire all of the outstanding shares in Cycclone Magnetic Engines, Inc., the original founding company of the Cycclone Magnetic Engine project.

On September 30, 2022, CDBT and Cycclone Magnetic Engine Developments Limited entered into an Operating Agreement for The Amended Share Exchange Agreement giving effective control of Cycclone Magnetic Engine Developments Limited and the wholly owned subsidiaries.

Cycclone Magnetic Engines is engaged in the development and commercialization of new geometric configuration low carbon emission engines and other clean technology solutions with a view to create technologies that improve efficiency and reduce levels of greenhouse emissions. Cycclone has shareholding, assets, and interests in transport operations in Australia.

Micheal Nugent
mnugent@nugent.com.au
www.cdbtcycclone.com
+61438158688

Safe Harbor Statement

Statements made in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Risk factors that could cause actual results to differ materially from those projected in forward-looking statements include, but are not limited to, general business conditions, managing growth, and political and other business risks.

SOURCE: China Dasheng Biotechnology Co.

View source version on accesswire.com:
https://www.accesswire.com/759420/CDBTS-Transport-Operations-Expand

FAQ

What is the subsidiary of China Dasheng Biotechnology Co. involved in transport operations?

Roadbees Transport Pty Ltd.

Where has Moxy Logistics relocated its operations to?

Yatala, Brisbane.

What are the patented products of Disruptive Packaging Pty Ltd?

UNiCOR® and UNiCOOL®.

What are the future plans for CDBT's transport division?

To grow the division and potentially list it on the ASX.