On April 18, 2016, Mr. Zhengyu Wang, Chairman and Chief Executive Officer of the Company, was elected as vice chair of The New Energy Vehicle Alliance of Zhejiang Province, a self-regulatory organization comprised of representatives from leading automakers, components and parts suppliers, governmental agencies, research institutes, and advocacy groups in the new energy vehicle value chain in Zhejiang Province.On March 7, 2016, the company announced that it has completed a $7,957,100 private placement of its common stock to various purchasers. On January 27, 2016, the company announced it has entered into a framework agreement to acquire Suzhou E Motors Co., Ltd. (“Suzhou E Motors”), a specialty electric vehicles (“EVs”) manufacturer based in Zhangjiagang City, Jiangsu Province. About Tantech Holdings Ltd. Established in 2001 and headquartered in Lishui City, Zhejiang Province, China, Tantech Holdings Ltd., together with its subsidiaries, develops and manufactures bamboo-based charcoal products in China and internationally. It operates through three segments: Consumer Products, Trading, and Biofuel Energy.

http://finance.yahoo.com/news/tantech-holdings-ltd-announces-interim-220000846.html

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