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-incubation-management-agreement-131500726.html?soc_src=mediacontentstory
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-announces-launch-enhanced-145703887.html?soc_src=mediacontentstory
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
Investigate more about TNKE @ http://www.otcmarkets.com/stock/TNKE/quote for more due diligence.
$TNKE -Tanke Inc. Announces Record 4th Quarter 2013 Results
ReplyDelete2014-03-10 07:46 ET - News Release ST. LOUIS, MO(eTeligis.com)
Tanke, Incorporated (OTC Pink: TNKE) (the "Company"), a diversified holding company focused on emerging technologies and 'Cleantech,' is pleased to announce the release of its fourth quarter financials for the period ending December 30th 2013. The results show a record achievement in both the company's asset base and revenues increasing by 4,578% and 2,841% from same quarter of 2012, respectively.
The Company reported fourth quarter assets of $3,896,527 for the period from September 30th, 2013 to December 31st, 2013, an increase of $345,014 which represents a 10% increase as compared with the previous fiscal quarter, and an increase of $3,813,240 which presents a 4578% increase as compared to 2012 fourth quarter.
The Company further reported record revenues of $2,203,673 for the period from September 30th, 2013 to December 31st 2013. This represents a revenue increase of $1,106,033 (101%) compared to prior quarter, and $2,128,744 (2841%) compared to the prior year.
Also, operating expenses increased during the same period by $1,668,507 from $245,884 during the third quarter to $1,914,391 in the fourth quarter. Expenses were for operations, selling and general administration expenses and mainly as expenses for business development and marketing.
These record increases in both the company's asset base as well as revenues is attributable to the company's successful follow through of its corporate objectives of asset acquisition, proprietary technology deployment, brand promotion and investment in companies that have a global reach.
"We are extraordinarily pleased with the latest quarterly results," Tanke CEO Xiaoying Zhang stated. "We have absolute confidence that the full year will also prove to be excellent. We firmly believe that Tanke is poised to become a major player and leader in the growing environmental and emerging technologies market."
http://www.stockwatch.com/News/Item.aspx?bid=U-et1891345199-U%3aTNKE-20140310&symbol=TNKE®ion=U
$TNKE record increases in both the company's asset base as well as revenues is attributable to the company's successful follow through of its corporate objectives of asset acquisition, proprietary technology deployment, brand promotion and investment in companies that have a global reach http://www.stockwatch.com/News/Item.aspx?bid=U-et1891345199-U%3aTNKE-20140310&symbol=TNKE®ion=U
ReplyDelete$TNKE - Tanke believes that globalization and the emergence of Asia and other markets strains natural resources, water, energy and food, and as a result, environmental technologies is at the forefront of the new paradigm shift in usage of resources
ReplyDeletehttp://www.stockwatch.com/News/Item.aspx?bid=U-et712263723-U%3aTNKE-20140225&symbol=TNKE®ion=U
$TNKE Huge pre-mkt News! Enters the Logistics Industry; Secures Agreement Valued at $11 Million
ReplyDelete2014-03-13 07:46 ET - News Release ST. LOUIS, MO(eTeligis.com)
Tanke, Incorporated (OTC Pink: TNKE) (PINKSHEETS:TNKE), a diversified holding company focused on emerging technologies and "cleantech," is pleased to provide this update to its shareholders and the investment community. This release includes information about the Company's plans and announcement of a management, investment and incubation, agreement with Utime Trading & Commerce Ltd. (Utime) a logistics provider in central China.
Tanke is a diversified holding company that manages and finances emerging growth companies, with a primary focus on the development of environmental technologies. The company is now positioning to become a major participant in the logistics industry in China, a $400 billion market.
"We are extremely excited to ride along the internal consumption trend in China through our investment in Utime; this massive, fast growing market with undiscovered areas where our unique strengths can be effectively utilized," said Xiaoying Zhang, CEO of Tanke. Utime focuses on internal consumption logistics, a large segment within the industry. Internal consumption in China has accounted for 45.9% of China's growth in 2013 and it's poised to be the major growth driver in China.1
Tanke committed to develop, manage and finance emerging companies in high growth industries Tanke has decided to deploy resources to the logistics industry. Through this investment, management and incubation program Tanke seeks to exploit the high growth on internal consumption.
"We are very exciting to combine Tanke's expertise in, high growth industries, development of proprietary technology & brand promotion with our strategic networks and distribution channels throughout China will help position us to become a significant player in the region enabling both of us to achieve a global reach," said Mr. Joseph Stone, CEO of Utime Trading & Commerce Ltd.
"China, which continues to be a rapidly growing market with abundant yet-to-be-tapped opportunities and great promise, is in fundamental need of the most advanced, innovative and cutting-edge logistics solutions; solutions that can optimize the effectiveness andprofitability of the industry as a whole. With our proven track record and long history of applyingproprietaryand innovative technology innovation, investment and management in emerging growth companies, our instrumental strategic partnership with Utime will prove highly rewarding for us both," added Xiaoying Zhang.
http://www.stockwatch.com/News/Item.aspx?bid=U-et1803010794-U%3aTNKE-20140313&symbol=TNKE®ion=U
$TNKE - Pre-Market News!!! New Cloud Based Technology uSMART(TM)
ReplyDeleteST. LOUIS, MO -- (Marketwired) -- 03/18/14 Tanke, Incorporated (OTC Pink: TNKE) (PINKSHEETS: TNKE) (the "Company"), a diversified holding company focused on emerging technologies and "cleantech" is pleased to announces the launch of uSMART™, a cloud-based technology targeting emerging companies in need of integrated multilingual cross-functional planning and optimized operations. Simultaneously, the Company also announces enhancement to its executive and operational management team lead by Mr. Nick Balomenos, appointed as Chief Operating Officer (COO), to cope with the growth needs of the company.
http://www.stockwatch.com/News/Item.aspx?bid=U-i1098604-U%3aTNKE-20140318&symbol=TNKE®ion=U
$TNKE - News! --- launch of uSMART™ is strategic and becomes a main tool for our increasing number of emerging companies. The number of incubation projects and companies has increased since our enhanced incubation program was announced in January. We will immediately introduce it companies in our incubation program first. uSMART™ has wide reaching impact in addition to be strategic. It provides the ideal solution for companies looking for a custom-tailored, one-size-fits all solution to their growing complexity, capacity and cost savings requirements," says Xiaoying Zhang, CEO of Tanke. http://www.stockwatch.com/News/Item.aspx?bid=U-i1098604-U%3aTNKE-20140318&symbol=TNKE®ion=U
ReplyDelete$TNKE - Announces Record Breaking 2013 Annual Results, Record Breaking Asset Base Increase of 4,579% and Revenues Increase of 1,303%
ReplyDelete2014-04-21 07:46 ET - News Release ST. LOUIS, MO(eTeligis.com)
Tanke, Incorporated (OTC Pink: TNKE) (PINKSHEETS: TNKE) (the "Company"), a diversified holding company focused on emerging technologies and "cleantech" is pleased to announce the release of 2013 annual financials for the period ending December 31st, 2013. The results show a record achievement in both the company's asset base and revenues increasing by 4,579% and 1,303% respectively.
The Company reported annual assets of $3,896,527 for the period from December 31, 2012 to December 31st, 2013, an increase of $3,813,240 which represents a 4,579% increase as compared with the previous fiscal year.
The Company further reported record revenues of $4,015,198 for the period from December 31, 2012 to December 31st, 2013 recognized and recorded. This represents a revenue increase of $3,729,100 (1,303%) compared to the prior year. Also, operating expenses increased during the same period by $2,779,736 from $359,059 during 2012 to $3,138,795 in 2013. Expenses constituted operational selling, general and administrative expenses, predominantly for business development and marketing.
"2013 was an instrumental year for the company as witnessed by our record results in both our asset base and revenues. On top of being a truly groundbreaking year for us, the many important developments that occurred during 2013 have helped pave the way for even grander initiatives that we are currently accomplishing this year at lightning speed. We highly anticipate this year to be even more fulfilling than the last," Nick Balomenos, Tanke's newly installed COO, stated.
These record increases in both the company's asset base as well as revenues is attributable to the company's successful follow through of its corporate objectives of asset acquisition, proprietary technology deployment, brand promotion and investment in companies that have a global reach.
"We are very pleased with our annual results," Tanke CEO Xiaoying Zhang stated. "2013 served as a platform year which will springboard our initiatives of exponential growth in 2014 and into the future. We also launched our new innovative and strategic incubation program. The successful incubation model of companies can achieve $20 Billion of total market capitalization value when properly financed and the companies are spun-off. We have absolute confidence that the next year will also prove to be excellent. We firmly believe that Tanke is poised to become a major player and leader in the growing environmental and emerging technologies market."
http://www.stockwatch.com/News/Item.aspx?bid=U-et93408931-U%3aTNKE-20140421&symbol=TNKE®ion=U
2014-04-28 07:45 ET - News Release ST. LOUIS, MO(eTeligis.com) Tanke, Incorporated (OTC Pink: TNKE) (PINKSHEETS:TNKE) a diversified holding company focused on emerging technologies and "cleantech" is pleased to announced today signing of $30 million contract in the fast growing e-Waste industry.
ReplyDeleteOver 65 million tons of annual global e-waste is forecasted to be generated by 2017 with strong and continuous growth. Across the world, e-waste is already the fastest growing of all waste streams. In 2012, the most recent year for which reliable data exists, China alone generated 7.25 million metric tons of e-waste, which is 2nd only to the United States at 9.4 million tons.1
Under this contract, Tanke will provide management under the eManagement brand, and in partnership with E-Waste Systems Inc., bring state-of-the-art technologies and processes for the proper handling of electronics recycling, and electronic waste materials recovery andreuse on a global scale.
"Tanke was instrumental to helping us launch our China business last year and with their business network we are now dramatically expanding our joint commitment to the E-Waste strategy for this new year," said Martin Nielson, Founder and CEO of E-Waste Systems, Inc.Recently, Tanke announced a new investment in the amount of $2.3 million in the E-Waste Industry. The initial value of the deal is worth $800,000, plus royalties and a minimum $5,000,000 sales commitment that were fulfilled in record time.
By 2020, e-waste in China is expected to jump by 400% from 2007, while discarded mobile phones will be 7 times higher (UNEP).Profits for the emerging e-waste industry in China are forecasted to rise by over 300% reaching $10 Billion by 2017.
"We are very pleased with this contract.China being one of the fastest growing e-waste recycling and logistics markets in the world warrants our continued effort and focus. The results currently being yielded from our entry into China last year in E-Waste, has proven immensely lucrative. We are committed to support sustaining this momentum in E-Waste working closely with our partners," said Xiaoying Zhang, CEO of Tanke.
Additional information is available on the Company's website:www.tankeinc.comor contact Investor Relations at:IR@tankeinc.com
References:
1.http://www.greenwisebusiness.co.uk/news/global-green-technology-market-to-grow-to-396-billion-3148.aspx
http://www.stockwatch.com/News/Item.aspx?bid=U-et266032768-U%3aTNKE-20140428&symbol=TNKE®ion=U