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News

Tantech Secures Major Contract To Supply 50 Midibuses To Malaysia; No Financial Terms Disclosed

Author: Happy Mohamed | August 28, 2023 08:30am

Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") announced that its subsidiary, Shangchi Automobile Co., Ltd., has signed a sales contract to provide midibuses to Malaysia. This is the Company's largest order from Malaysia and marks a significant stride toward enhancing public transit options and addressing the growing transportation needs in the region.

This order includes 50 midibuses; each midibus measures 6 meters long and features 18 seats, with steering wheel on the right and equipped with MP5 system. In compliance with Euro 3 emission standards, the midibuses are powered by DK5 diesel engine. These midibuses are known for their versatility, efficiency, and environmentally friendly features. They are designed to accommodate both urban and suburban routes, catering to the diverse needs of Malaysia's residents and visitors. With a focus on passenger comfort and safety, the midibuses feature ergonomic seating, state-of-the-art entertainment options, and enhanced accessibility features, and playing an important role in advancing Malaysia's public transportation infrastructure by ensuring a comfortable, reliable, and inclusive commuting experience for all passengers.

"This contract marks a significant leap forward in our journey of growth and expansion. It underlines our dedication to delivering great products and services to the international markets, as well as our ability to foster strong relationships with partners across borders. " Mr. Wangfeng Yan, CEO of Tantech, commented. "The contract reflects our partners' trust in the Company's reputation for quality, innovation, and reliability. Our team's tireless efforts and unwavering commitment to exceeding customer expectations have undoubtedly contributed to the realization of this substantial achievement."

Mr. Yan continued "This success reinforces our mission to continue striving for excellence in every aspect of our operations. Our dedicated team remains committed to ensuring the seamless execution of this contract and maintaining the high standards that are synonymous with our brand."

Posted In: TANH

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