SINGAPORE, March 22,
2023 /PRNewswire/ -- Caravelle International Group
(Nasdaq:CACO), a global ocean technology company, today announced
that the company has unveiled a new corporate website and investor
presentation.
The new website is an excellent resource for new potential
customers and investors to learn about the Company and how it is
making the shipping and lumber industries more environmentally
sustainable and profitable. The improvement in the company's
branding is part of a bigger investor outreach campaign to expand
the company's shareholder base.
The website can be found at
http://www.caravelleglobal.com/ and the new investor
presentation is available for download under the investor relations
tab.
"This is an opportune time for investors to use these new
resources to learn about our story as we are underfollowed on Wall
Street and I believe that our stock is deeply-undervalued," said
Dr. Guohua Zhang, Chief Executive
Officer of Caravelle. "We expect to have several big,
value-creating catalysts later in the year that we believe will
change this dynamic and propel our stock higher. Please do not
hesitate to reach out to us if you have any questions about our
business that were not answered by these new resources. We love
hearing from investors, both existing shareholders and investors
new to the story."
About Caravelle International Group
Caravelle is a global ocean technology company. Its business
comprises of two sectors: the traditional business in international
shipping, operated by the Topsheen Companies (Topsheen Shipping
Group Corporation (Samoa) and its
subsidiaries) and the new CO-Tech business under Singapore Garden
Technology Pte. Ltd.. As the traditional business,
Caravelle's international shipping business has generated all
revenues. The CO-Tech business is a new development building upon
the existing shipping business. It enables wood desiccation during
the maritime shipping process, with full utilization of the
shipping time, space, and the waste heat of exhaust gas from the
shipping vessels. Caravelle's CO-Tech industry has no historical
operations and has not generated revenue. Caravelle is
headquartered in Singapore.
Forward Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Such forward-looking
statements, including the successful consummation of the Company's
initial public offering, are subject to risks and uncertainties,
which could cause actual results to differ from the forward-looking
statements. The Company expressly disclaims any obligations or
undertaking to release publicly any updates or revisions to any
forward-looking statements contained herein to reflect any change
in the Company's expectations with respect thereto or any change in
events, conditions or circumstances on which any statement is
based.
Contact
Caravelle International Group
60 Paya
Lebar Road
#06-17 Paya Lebar
Square
Singapore
409051
(65) 8204 1753
Attention:
Tracy Xia
Email:
ir@cacointernational.com
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SOURCE Caravelle International Group