Tantech Holdings Ltd. Celebrated First Anniversary of IPO
On March.24, 2016, Tantech Holdings Ltd. (TANH) celebrated first Anniversary of IPO. Held in Lishui headquarters, the ceremony brought together corporate executives and employee representatives to celebrate and discuss future opportunities and challenges. Mr. Zhengyu Wang, Chief Executive Officer of Tantech, delivered a keynote.
Mr. Zhengyu Wang stated that being the first listed Chinese concept stock in NASDAQ in 2015, the past year was a difficult and successful year. Although the world’s economic environment was rapidly change and many Chinese companies has returned from oversea market, Tantech has never stopped its path. Over the past year, Tantech has been the initial sponsor of Zhejiang Province New Energy Vehicle Institute and has established a capacitor battery R&D center with CAS. Most importantly, it has entered into a framework agreement to acquire Suzhou E Motors Co., Ltd. (“Suzhou E Motors”) and completed a private placement of its common stock to five strategical investors. Suzhou E Motors has been in the special vehicle industry for many years. The strategic alliance with E Motors will greatly contributed to the upgrading and expansion of Tantech.
More than 100 corporate executives and employee representatives attended the ceremony; Director Yefang Zhang thanked all staff for their dedication and Huojuan Yan given a speech on behalf of all employees.