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CRKT Corp Initiative to Accelerate Transformation

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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.

Forward-Looking Statements

This release contains forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "should," "would" and similar expressions intended to identify forward-looking statements. Forward-looking statements reflect our current views with respect to future events and are based on assumptions and are subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on forward-looking statements.   Also, forward-looking statements represent our estimates and assumptions only as of the date of this release.  In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set forth in the Company's SEC filings.  Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.

Contact:

CRKT Corp
Unit A, 8/F, MG Tower, 
133 Hoi Bun Road, 
Kwun Tong, Kowloon,
Hong Kong

Contact: Chan Kin Hang, Danvil

Telephone: 852-6992-7100

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