$CDII News - CD International Enterprises Enters an Agreement to Acquire a Holding Company with Consolidated Revenues Over $25 Million and Consolidated Net Income Over $6 Million in 2014

DEERFIELD BEACH, Florida, - (http://www.financialnewsmedia.com News Alert) - CD International Enterprises, Inc. (OTC: CDII) (\"CD International\"), a U.S.-based company that sources and distributes industrial commodities in China and the Americas and provides business and management corporate consulting services, today announced that CDI Shanghai Management Company, a wholly owned subsidiary of CDII International, has entered an agreement with HK International Finance & Investment Group Limited for a potential acquisition of one of the wholly owned subsidiaries of HK International Finance & Investment Group Limited.



The targeted holding company that CD International plans to acquire is based in Hong Kong with diversified operations in service industries including hospitality, health endowment, and construction design. According to unaudited financial statements, the targeted holding company generated over $25 million in consolidated revenues and over $6 million in consolidated net income in the calendar year of 2014.



Management has started due diligence process and plans to finish auditing of two year financial statements for the targeted holding company by the end of December 2015. Management expects to close the acquisition upon satisfactory completion of due diligence and auditing of two year financial statements of the targeted holding company.



Dr. James Wang, Chairman and CEO of CD International commented on the agreement, \"One of management\'s focuses on growing the company again is growth through merger and acquisition. Management is actively looking for merger and acquisition opportunities that align with our strategic priorities. Management believes the successful acquisition will significantly accelerate our growth and profitability and substantially add values for our shareholders for years to come.\"



About CD International Enterprises, Inc.



CD International Enterprises, Inc. (OTC: CDII), is a U.S.-based company that sources and distributes industrial commodities in China and the Americas and provides business and management corporate consulting services. For more information about CD International, please visit http://www.cdii.net.



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