 Huitao Technology Co., Ltd. Nasdaq CM: HHT the Company, we or HHT, a company engaged in production of advanced ready-mix concrete materials and education service, announced today that its wholly owned subsidiary, CACM Group NY, Inc. CACM, and Baydolphin, Inc. Baydolphin established a joint venture company, BayTao JV, a limited liability company specializing in the after-school tutoring program for students from kindergarten to the eighth grade in New York. The JV will leverage Baydolphins expertise in academic and art education for the youth in conjunction with CACMs business management skills and access to capital to create an innovative learning platform in New York. 