Fully Enclosed Cabin Provides All-Weather Protection for Work and Play
GARLAND, Texas, Oct. 10, 2024 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced the launch of a new T-Boss UTV series with Cab Enclosure, the best equipped and most value-packed UTVs in their class.
The Massimo Motor T-Boss Series of UTVs is one of the most versatile on the market. This new series of T-Boss UTVs is equipped with Cab Enclosure that is built to deliver complete protection from the elements. Made with durable tempered glass, this fully enclosed cabin shields passengers from rain, wind, and snow, providing a comfortable environment for all outdoor tasks. The new series of T-Boss UTVs are also equipped with a built-in heater, it's perfect for cold-weather operations, whether tending to livestock, managing large properties, or navigating hunting trails in harsh winter conditions.
This innovative new T-Boss series with cab enclosure includes T-Boss 550L, T-Boss 560L, and T-Boss 760L, and are available through your local dealer dealer/retailer. See MassimoMotor.com for more details.
"As we gear up for this exciting launch, orders for the 2025 models will be accepted now, with deliveries starting in the fourth quarter of this year," said David Shan, Founder, Chairman & CEO. "And there's more to come: we continue to invest in our R&D to further enhance the technological features of our products, using advanced technology to offer our UTV customers a smoother and more comfortable ride. The next advancement in this series will feature a fully air-conditioned cabin, offering both heating and cooling, ensuring year-round comfort no matter the season. Whether it's freezing cold or blazing hot, the new T-Boss series have our customers covered for all their outdoor endeavors."
About Massimo Group
Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor of powersports vehicles and pontoon boats. Founded in 2009, Massimo Motor believes it offers some of the most value packed UTV's, off-road, and on-road vehicles in the industry. The company's product lines include a wide selection of farm and ranch tested utility UTVs, recreational ATVs, and Americana style mini-bikes. Massimo Marine manufacturers and sells Pontoon and Tritoon boats with a dedication to innovative design, quality craftsmanship, and great customer service. Massimo is also developing electric versions of UTVs, golf-carts and pontoon boats. The company's 376,000 square foot factory is in the heart of the Dallas / Fort Worth area of Texas in the city of Garland. For more information, visit massimomotor.com and massimomarine.com.
Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements," including with respect to the initial public offering and the use of proceeds thereof. In some cases, you can identify forward-looking statements because they contain words such as "anticipate," "believe," "estimate," "expect," "intend," "may," "predict," "project," "target," "potential," "seek," "will," "would," "could," "should," "continue," "contemplate," "plan," and other words and terms of similar meaning. These forward-looking statements include information concerning statements regarding future cash needs, future operations, business plans and future financial results; and any other statements that are not historical facts. No assurance can be given that the proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Massimo, including those set forth in the "Risk Factors" section of Massimo's Registration Statement on Form S-1 for the initial public offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. Massimo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Company
Dr. Yunhao Chen
Chief Financial Officer
Massimo Group
ir@massimomotor.com
Investor Relations
Chris Tyson
Executive Vice President
MZ North America
Direct: 949-491-8235
MAMO@mzgroup.us
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Massimo Launches New T-Boss UTV Series for the Winter Season
BEIJING, Nov. 23, 2024 /PRNewswire/ -- China's rise from poverty to prosperity is a miracle that has contributed enormously toward global development, said Erik Solheim, former under-secretary-general of the United Nations.
Speaking at the Fifth Think Tank Forum on National Governance in Developing Countries held in Beijing on Friday, Solheim said that Chinese modernization is rooted in its ancient traditions, which have developed through history and are hard to imitate. But the experiences still hold valuable lessons that other nations can learn from.
The forum, with the theme "Joining Hands to Advance the Modernization of the Global South", was jointly held by the Party School of the Central Committee of the Communist Party of China (National Academy of Governance), the Institute of Party History and Literature of the CPC Central Committee, Peking University and China Daily. More than 200 participants from 20 countries attended the event.
"What China offers is not just a model, it's now the source of main investment in the Global South," said Solheim, listing the Padma Multipurpose Bridge project in Bangladesh as an example. He said the project has helped the Bangladesh economy grow by connecting the country's east with the west. "And the railway and their stations built by China are an enormous service to Kenya, while the new port launched in Peru is important for trans-Pacific economy and South American economy," he added.
Speaking on the occasion, Xie Chuntao, executive vice-president of the Party School of the CPC Central Committee said the success of Chinese modernization had proved wrong the perception that modernization equaled Westernization. He added that China not only sets an example for other members of the Global South but also provides genuine help to them by writing off debts and taking other mutually beneficial measures.
"For this year's China International Import Expo, China reserved over 120 free seats for 37 of the most underdeveloped countries. This reflects the Global South's call for unity, development and reform and strengthens inclusiveness and sustainability," Xie said, adding, "It also meets the aspirations of the people of the Global South for a better life."
Commenting on the growth of the Global South, Qu Qingshan, president of the Institute of Party History and Literature of the CPC Central Committee, said: "With a population accounting for over 70 percent and economy accounting for over 40 percent of that of the whole world, the Global South has become an important engine for the world's growth. That countries of the Global South jointly moving toward modernization is an unprecedented miracle in the history of mankind."
Ra'ed Mohammed BenShams, president of the International Institute of Administrative Sciences, stressed that a moral basis must be laid for cooperation and called for "cooperation based on understanding" among nations, in particular among Global South economies. "It's time to foster collaboration grounded in mutual respect and shared values," he said.
"China has always regarded itself as being from the South. This is not just a geographical statement but also a philosophical position," said Donald Ramotar, former president of Guyana, speaking via video, "The leadership of the People's Republic of China has always based its policy and its relations with the developing world on the principle of solidarity, mutual benefits and the promotion of win-win cooperation."
Hong Dayong, vice-minister of the Publicity Department of the CPC Central Committee, hoped that Global South think tanks could deepen research into each other's history, culture and development path, thus promoting mutual understanding.
"Think tanks can provide a sound basis for Global South nations to write their own narrative of civilization," he said in a keynote speech. "Their voices can also be expressed in a better way so as to eradicate misunderstanding and misjudgment."
It's important for the Global South to have its own voice in global affairs, said Qu Yingpu, publisher and editor-in-chief of China Daily.
"World peace and development face severe challenges and regional conflicts, but on key global affairs and topics, the Global South nations are no longer the silent majority," he said in a keynote speech at the forum. "Instead they have their own voices and demonstrate more independent and rational viewpoints."
Tamas Hajba, head of the Organisation for Economic Co-operation and Development, Beijing Office, said that the world needs international cooperation and partnership more than ever. "Modernization of the developing countries is not merely an agenda; it is a necessity for achieving global stability, equity and sustainability," he said.
Endalkachew Sime, former state minister of planning and development of Ethiopia said: "The word South is derived from the word that means somewhere with sun. Literally the connection likely stems from the fact that in the northern hemisphere, the sun is generally in the southern part of the land. I believe the South is not poor, but it is the source of light."
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Chinese path to modernization a model for Global South, experts say
