Tanke, Inc. Enters Into New Incubation Agreement

Sep 25, 2014 (eTeligis.com via COMTEX) — FORT LAUDERDALE, FL, United States, via ETELIGIS INC., 09/25/2014 – - Tanke, Incorporated (OTC Pink: TNKE) (PINKSHEETS: TNKE), a diversified holding company focused on emerging technologies and “cleantech,” is pleased to announce a new incubation member with the signing of Honglu International Trade Inc., an international textile and trade company.

Honglu is a well-established small-medium enterprise (SME) that operates a chain of stores in China with total business of $16M. It specializes on fabric and textile products. The company is positioning itself to become a major participant in the international textile and trade industry.

“We are pleased to have Honglu join our Tanke incubation program. Our industry expertise and connections, in combination with our incubation program and Honglu’s established operations, will help to significantly expand their business and allow us to share the creation of such value. “said Nick Balomenos, COO of Tanke.

China has become the world’s leading exporter and second-largest importer. It’s total trade volume in goods ranks high globally. In 2013 the total value of China’s export was approximately 1.6 trillion U.S. dollars, showing a 17.2 percent annual growth on average, and the total value of its import was 1.4 trillion U.S. dollars, showing a 16.4 percent annual growth on average. In addition, the total volume of China’s export and import accounted for 10.4 percent and 9.1 percent of the world’s total, respectively. Regarding the apparel and textile industry, with growth rates of 10.5%, the total output of the whole textile industrial enterprises was 869.7 billion U.S. dollars at the end of 20131.

“We are expanding our business rapidly with a worldwide coverage of clients whilst also seeking new opportunities in China. We are very excited to receive investment and advice from Tanke’s and with our present strategic networks become a significant player in the region.” Said Ms. Ma, CEO of Honglu International Trade Inc.

“The reputation of Honglu in their regional industry is already very good and under our incubation and investment program we expect them to expand and attract newer, larger opportunities, and broaden their geographic distribution network. Its business, according to our own research, is in a growing industry which can be considered as a good investment opportunity with much upside potential and low risk.” Stated Nick Balomenos, COO of Tanke Inc. Through this agreement with Honglu and as part of the incubation program Honglu expects to expand its presence into the second-tier cities of China.

China’s international competitiveness in services trade has been enhanced since it has been promoting foreign trade on all fronts, and established trade relations with the vast majority of the world’s countries and regions.

Additional information is available on the Company’s website: www.tankeinc.com

References:

http://www.wto.org/english/res_e/statis_e/its2013_e/its2013_e.pdf

About Tanke Incorporated

Tanke 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, Software-as-a-Service’s (SaaS) Enterprise Resource Planning (ERP) software technology, reverse logistics technologies and recycling technology.

Safe Harbor Statement:

Certain statements and information included in this release may constitute “forward-looking statements” as defined in the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied in such statements. Additional discussion of factors that could cause actual results to differ materially from management’s projections, estimates and expectations is contained in the Company’s OTC Markets disclosures and filings (www.otcmarkets.com). The Company assumes no obligation to update any forward-looking statements as a result of new information, future events or developments, except as required by federal securities laws.

CONTACT:

Investor Relations

Tanke Inc.

info@tankeinc.com

SOURCE: Tanke , Inc.

Associated Documentation:

http://www.eteligis.com/ViewSubmission.aspx?submissionRequest=27903 - Link to submission on http://www.eteligis.com

 

http://www.eteligis.com/FileHandler.aspx?submissionRequest=27903&documentRequest=18184 - TNKE_9-25-2014_KAH_ETL.docx

 

 

 

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