LISHUI, China, Dec. 8, 2016 /PRNewswire/ -- Tantech Holdings
Ltd. (TANH) (Nasdaq: TANH)
("Tantech" or the "Company") announced today that it has
successfully developed the new generation of infrared bamboo
charcoal bedding articles, which feature excellent absorption,
infrared and self-warming properties. These capabilities have been
verified by the China National Supervision and Test Center for
Eco-Product Quality, China National Supervision and Test Center for
Infrared Product Quality, and Shanghai Research Institute of
Chemical Industry Testing Center.
The new generation of infrared bamboo charcoal bedding articles
includes bamboo charcoal fiber bedclothes, health-care mattress and
pillows. According to TANH engineers, the bamboo charcoal is made
out of carefully-selected high quality natural Moso bamboo, or
tortoise-shell bamboo, and carbonized at a temperate of 1,100
degrees centigrade. Compared to the predecessors, the new products
have a more extensive micro porous structure and a higher specific
surface area. By releasing abundant highly active anion, they can
effectively absorb the smell of human body and eliminate sweat
odor, helping revitalize and moisture skin. Meanwhile, the far
infrared rays emitted by the bamboo charcoal can store energy and
warm up human body to make sleep more comfortable.
TANH Chairman Zhengyu Wang said
the company has got rewarded for its vigorous research and
development efforts. In addition to the upgraded bamboo charcoal
products, the company has recently had three of its new energy
vehicle models approved by the Ministry of Industry and Information
for future launches. With the established postdoctoral workstation
and researcher center, in the future the company will ramp up
research and development on carbon materials, super electronic
double layer capacitor carbon, batteries and new energy vehicles.
The recent achievements will help the company lift sales, improve
revenue and expand market share.
As a leading bamboo charcoal manufacturer, TANH's products have
long been welcomed by consumers. The company's "Dr. Charcoal"
series, has launched more than 100 bamboo charcoal products that
have capabilities of eliminating odor and purifying air. The "Dr.
Charcoal" series, which enjoys wide recognition in China, has reached consumers in overseas
markets including the United
States, Japan, Korea and
Europe.
About Tantech Holdings Ltd.
Established in 2001 and headquartered in Lishui City,
Zhejiang Province, China, Tantech Holdings Ltd. ("Tantech" or the
"Company"), together with its subsidiaries, develops and
manufactures bamboo-based charcoal products, including a variety of
branded consumer products and electric double-layer capacitor
("EDLC") carbon products for industrial energy applications. The
Company is in the process of acquiring 100% interest in Suzhou E
Motors Co., Ltd., a specialty electric vehicles and power batteries
manufacturer based in Zhangjiagang City, Jiangsu Province, and aims to transform itself
from a bamboo-based charcoal products producer to a vertically
integrated company along the EDLC Carbon - power battery -
specialty new energy vehicle value chain. For more information
about Tantech, please visit:
http://www.tantech.cn/en/index.asp.
Forward-Looking Statements
This news release contains forward-looking statements as defined
by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, product and
service demand and acceptance, changes in technology, economic
conditions, the impact of competition and pricing, government
regulations, and other risks contained in reports filed by the
company with the Securities and Exchange Commission. All such
forward looking statements, whether written or oral, and whether
made by or on behalf of the Company, are expressly qualified by
this cautionary statement and any other cautionary statements which
may accompany the forward-looking statements. In addition, the
Company disclaims any obligation to update any forward-looking
statements to reflect events or circumstances after the date
hereof.
For more information, please contact:
Tantech Holdings Ltd.
Ms. Ye Ren
IR Manager
+86-578-261-2869
ir@tantech.cn
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SOURCE Tantech Holdings Ltd.