TORONTO, ON / ACCESSWIRE / June 21, 2021 / Access Power Co. & Inc (OTC PINK:ACCR) is pleased to announce that they have signed a LOI Merger Agreement with China Ningbo Greenland Autumobile Co,Limited.
Mr. Fugian Li, CEO of China Ningbo Greenland Auto Corp, Limited noted " I have been working in the auto manufacturer industry more than 20 years. I have witnessed that the Chinese auto industry is now fully transforming to electric vehicles. I am very glad that our company is at the forefront of this turning point. We have completed the design of the new generation's electric vehicle. The manufacturing base will be settled in Jiangsu Province. Now we are looking forward to taking the Company public on the OTC Markets in the U.S. We believe this will further our goals to continue expanding our business in China.'
The two companies anticipate signing the final Merger Agreement.
China Ningbo Greenland Automobile Co,Limited
China Ningbo Greenland Automobile Co, Ltd was founded in 2019 and headquartered in Ningbo Zhejiang Province. They will develop the intelligent loT pure electric base model technology platform in the next 5 years, including pure electric Pickup models, SUV models, and MPV models. Long term outlook is not only to compete but be the best in the industry serving the electric vehicle market. The company's new generation of loT vehicles has undergone a full spectrum of upgrades and innovative improvements that sets them a step ahead in further improving and perfecting users experience.
Access Power Co & Inc.
Access Power Co & Inc, (OTC: ACCR) is a publicly traded company currently trading in the OTC Markets. ACCR is originally incorporated in Florida, US.
Company Disclaimers: As a "penny stock" Company, within the meaning of federal and state securities law, Access Power Co & Inc. may not avail itself of the Safe Harbor provisions as identified in the Private Securities Litigation Reform Act of 1995. However, Access power Co. & Inc. provides the following disclaimer and warning to protect our shareholders, prospective investors and the public at large by alerting them to risks and uncertainties involved with any investment, and the need to perform their own due diligence and assessment.
Forward- Looking Statements:
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and such statements relating to financial results and plans for the future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief and current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Securities and Exchange Commission.
Company Contact: meihuaxu2000@gmail.com
SOURCE: Access Power Co. & Inc.
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https://www.accesswire.com/652353/For-Immediate-Release-Access-Power-Co-Inc-Signed-LOI-with-China-Ningbo-Greenland-Auto-Corp
