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TANH - Tantech's subsidiary nabs first Singapore order
Tantech Holdings Ltd.
Tantech Holdings' (TANH) subsidiary, Shangchi Automobile won a major, multi-vehicle order from China De Ruixiang Industrial, marking the first availability in Singapore; midibuses delivery has occurred.Adjusted to China's new energy vehicle subsidy policy, Shangchi Automobile focuses on developing and manufacturing high-efficiency, electric vehicles and fuel powered buses."This is one of our largest vehicle orders to date both in terms of vehicles ordered and the total order value," CEO Mr. Wangfeng Yan commented.