$TNKE - Tanke Inc. Super DD TNKE Company Desc
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$TNKE - Tanke Inc. Super DD
TNKE Company Description
Tanke Incorporated is a diversified holding company with the mission to develop, manage and finance emerging companies in high growth industries. Tanke is focused in the development of environmental technologies and "Cleantech" for a wide range of markets such as commercial, industrial and municipal applications. Tanke believes that globalization and the emergence of Asia stresses natural resources, water, energy and food, and environmental technologies will be at the forefront of the new paradigm shift in usage of resources. Through its subsidiaries and affiliates in the world and with its deep experience in China - the fastest growing emerging market in the world, Tanke seeks to grow through acquisitions, organic growth in the USA and also in the emerging markets. Our holdings consist of: Environmental & Water technologies, eWaste and reverse logistics technologies, and The Triple R Water recycling technology under the Re:Water(TM) brand.
TNKE Products and Services
Quote:
ST. LOUIS, MO--(Marketwired - Feb 18, 2014) - Tanke, Incorporated (OTC Pink: TNKE) (the "Company"), a diversified holding company focused on emerging technologies and "cleantech" is pleased to announced the signing of an incubation, management and investment agreement with Xinyue Coating and Finishing Ltd., a company headquartered in Jiaxing City, China. The agreement is expected to bring management revenues of $4.8 million in 2014 and additional incubation and investment revenues of $60 million.
Tanke's incubation and management program will provide Xinyue microfunding, management and financial advisory services to transform their export dependent model into a growth oriented one thought diversification, brand promotion and technology adaptation.
"Xinyue reputation in their regional industry is already very good and under our incubation and investment program we expect them to expand into new, larger opportunities and broaden their geographic distribution. Its business is in a growing and undiscovered industry which we like, a good investment opportunity with much upside potential," stated Xiaoying Zhang, CEO of Tanke Inc.
Xinyue is a leading pigment, dye and paint manufacturer and distributor in the Zhejiang Province, a coastal area with over 54 million population and a GDP of $613 billion (2013), 4th largest regional GDP in China.2Xinyue is a well established dye, pigment and paint company's whose main product have traditionally served the export-oriented market. After a decade, they have grown to become the leader in their region with a group turnover of over $500 million. However, dependency on the export market has required them to diversify into other market and business segments. The company is a successful startup case. "We started with just one truck, a handful of brushes, and the desire to provide general contractors with resources on which they could depend," says Joseph Z. Miao, Founder and President of Xinyue.
The worldwide market for dye and pigments is expected to rise to US$34.2 billion by 2020.5 Asia has the highest rate on a quantity basis followed by Europe and North America. The Dye and pigment in the US alone is an $8 billion industry, where inorganics represents 68% of the industry revenues, according to the US Census Bureau. The worldwide market had a total volume of around 7.4 million tons (2006) and US$ 20.5 billion in 2009, around 1.5-2% up from the previous year. Stable growth rate is expected for the near future. Demand in the US for paint and coating alone is expected to rise 4.2% annually to 1.5 billion gallons by 2017 with the architectural and automotive market remain the fastest growth and the residential offering good opportunities with Asia Pacific being the largest market in the world. The worldwide sales are said to increase up to US$ 24.5 billion in 2015, and reach US$ 27.5 billion in 2018.
"We are thrilled to enter to this agreement with Xinyue. We announced the launch of our new innovative and strategic incubation program this year 2014 and this agreement marks the beginning of it; a program that is aimed at accelerating companies growth though technologies and brands to the market, this incubation and management program is expected to bring to Tanke revenues of $4.8 million as a start and go up to $60 million," stated Xiaoying Zhang, CEO of Tanke Inc.
"We at Xinyue have aggressive expansion plans currently underway; we hope to grow a portion of our target market over the next few years. Tanke's incubation model will further enhance our reputation via brand promotion but also reduce operating costs and create new revenue potential," stated Joseph Maio, President of Xinyue.
"We are happy to be at the ground floor of this opportunity. Pigment, dye and paint industry growth is stable in the USA and largest in Asia. China, being one of the fastest growing markets in the world warrants our continued expansion. Moreover, our expertise in high growth industries, development of proprietary technology & brand promotion is a good combination with Xinyue strategic networks and distribution channels throughout China. It will position us to become a significant player in the region and enable Xinyue to achieve a global reach," added Xiaoying Zhang, CEO of Tanke.
Additional information is available on the Company's website: www.tankeinc.com or contact Investor Relations at: IR@tankeinc.com
References:
1. Dye & Pigment Manufacturing Market Research Report Sept 2013.IBISWorld.
2. Transparency Market Research "Dyes and Pigments Market - Global Industry Analysis, 2013 - 2019.
3. Paint & Coatings - Industry Research. Freedonia
4. Dyes and Pigments Market - Globall Industry Analysis 2013-2019. Transparency Market Research
5. Market Study Pigments, 3rd Ed., Ceresana, 11/13.
6. Market Report World Pigment Market, Acmite Market Intelligence
http://finance.yahoo.com/news/tanke-signs-inc...ntentstory
Quote:
ST. LOUIS, MO--(Marketwired - Jan 10, 2014)"We are focusing on proprietary technology deployment, brand promotion and associations, and investment in companies that have a global reach. In 2014, we had planned to invest into no less than 3 more environmental and high growth industries. This year we have invested into the eWaste industry. We have plans to enter soon undiscovered industries of high growth. Our team has worked extremely hard this year to build a solid foundation. We expect from this point on to expand rapidly our asset base which is now over $1 million and growing, followed by revenues acceleration," stated Carrie Zhang, CEO of Tanke, Inc.
*SRI Ventures, SRI International - http://www.sri.com/engage/ventures
http://finance.yahoo.com/news/tanke-inc-annou...ntentstory
Environmental Technology Business http://tankeinc.com/?page_id=112
The Case for Re:Water™ http://tankeinc.com/?page_id=126
TNKE Key Company Management
(Carrie) Xiaoying Zhang, President and Sole Director
From 2010 to Present, Tanke Inc. Director and President/CEO From 2007 to 2010,
Tanke Inc., Director and PRC Counsel.
From 2006 to 2010, Guangzhou Tanke Industries Ltd., Legal and Financial Advisor.
From 2000 to 2009, member of Guangdong Jinglun Law office, practicing law in
mergers and acquisitions and corporate transactions.
Xiaoying Zhang graduated from Zhongshan University, Guangzhou City,
Guangdong in 2006
TNKE Contact Info
Tanke Inc.
Carrie Zhang/CEO
9630 Clayton St.
St Louis, MO
Tel, +86 1380-8860-076
China Branch Offices:
181 Jianxi Central Road
Shanghai, People’s Republic of China
Write Email to: info@tankeinc.com
Website: http://www.tankeinc.com
TNKE SEC Filings
http://www.otcmarkets.com/stock/TNKE/filings
TNKE Headlines
http://finance.yahoo.com/q/h?s=TNKE+Headlines
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