Company Description
Tantech Holdings Ltd. (NASDAQ: TANH) is a manufacturing-sector company that describes itself as a professional high-tech enterprise focused on the production, research and development, and sales of home furnishing and building materials. The company has been active in the home-related materials space since 2002, initially through the manufacture of bamboo charcoal products for home use and later expanding into broader home furnishing and building materials.
According to multiple company disclosures, Tantech has built a domestic and international sales and distribution network for its products. Over more than two decades, it has been engaged in green building materials sales and development, including formaldehyde-removal carbon products for construction and renovation materials. The company reports that it strengthened its presence in the North American market by establishing wholly owned subsidiaries in the United States to enhance research and development and sales of home furnishing and building materials.
Tantech is fully ISO 90000 and ISO 14000 certified and states that it has received national, provincial and local honors, awards and certifications for its products and scientific research efforts. These certifications and recognitions relate to quality management and environmental management systems, which the company highlights as part of its operating framework.
Business focus and segments
Tantech’s activities center on home furnishing and building materials, with a historical foundation in bamboo charcoal-based products for home use. Earlier descriptions of the business also reference the manufacture of bamboo charcoal-based household products, export of charcoal products, production of electric double-layer capacitors carbon materials, and low-emission barbecue charcoal, as well as consumer products such as air purifiers, humidity-control items and other household goods. These activities align with the company’s positioning in cyclic crude, intermediate, and gum and wood chemical manufacturing within the broader manufacturing sector.
In addition to its materials and consumer-product activities, Tantech reports involvement in vehicle manufacturing. Since 2017, following the acquisition of a majority stake in Shangchi Automobile, a vehicle manufacturer based in Zhangjiagang City, Jiangsu Province, the company has manufactured and sold vehicles. In November 2020, Tantech established subsidiaries including Lishui Smart New Energy Automobile Co., Ltd. and Zhejiang Shangchi New Energy Automobile Co., Ltd. (later referenced as Zhejiang Shangnilai Technology Co., Ltd.) to produce and sell street sweepers and other electric vehicles. Company descriptions also refer to an Electric Vehicle (EV) segment alongside a Consumer Product segment.
International expansion and Gohomeway platform
Tantech has disclosed a strategy to expand its green building materials and home furnishing business internationally, with a particular emphasis on North America and Europe. In 2022 and 2024, the company established U.S.-based subsidiaries, including Gohomeway Inc. and Gohomeway Group Inc., to support growing overseas business, increase its presence in the green building materials sector, and expand operations in that field. The company has indicated that Gohomeway’s business strategy includes wholesale distribution of branded green building materials and the development of a franchise system.
Gohomeway Group Inc. has been active in trademark registration and branding. Company announcements state that the "GOHOMEWAY" trademark has been registered in the United States and in the European Union, covering categories such as wood flooring and engineered wood flooring and other construction materials (Class 19); furniture, cabinetry and home storage solutions (Class 20); and e-commerce, advertising and business consulting services (Class 35). Tantech describes these registrations as important steps in protecting intellectual property, supporting product sales and brand promotion, and underpinning cross-border e-commerce and international branding strategies.
The company also reports that Gohomeway Group Inc. has been appointed Chair of the Home Furnishing Materials Committee under the American Chinese National Chamber of Commerce, which it views as recognition of Gohomeway’s role in the U.S. home furnishing and building materials sector. In addition, Tantech has announced an annual purchase agreement under which a counterparty agreed to procure flooring products from Gohomeway Group Inc., which the company characterizes as a milestone in its expansion into the U.S. market.
Financial services and supply-chain support
Beyond manufacturing and materials, Tantech’s disclosures highlight a financial services component tied to its supply chain. Its subsidiary First International Commercial Factoring (Shenzhen) Co., LTD is engaged in commercial factoring for businesses in and related to the company’s supply chain. In other communications, the company also refers to a subsidiary named Qianhai Shouxin Commercial Factoring Co., Ltd. with a focus on commercial factoring services related to the company’s supply chain. These activities are presented as supporting counterparties and operations connected to Tantech’s core businesses.
Capital markets and listing status
Tantech Holdings Ltd. is listed on the Nasdaq Capital Market under the symbol TANH. The company has issued several announcements related to Nasdaq listing requirements. It has reported receiving extensions and later regaining compliance with Nasdaq’s periodic filing requirement and minimum bid price requirement under applicable listing rules. In early 2025, Tantech’s board approved a one-for-forty share consolidation, with the stated objective of enabling the company to regain compliance with Nasdaq’s minimum bid price requirement and maintain its listing.
Subsequent disclosures note that the company received confirmation from Nasdaq that it had regained compliance with the minimum bid price requirement and that the matter was closed. These communications indicate an ongoing focus on satisfying the conditions necessary to remain listed on Nasdaq.
Corporate financing activities
Recent SEC filings describe several financing transactions. In one Form 6-K, the company reports entering into a securities purchase agreement with accredited investors for a private placement of common shares and warrants, with stated gross proceeds of $6.0 million. The units in that transaction consist of common shares and Series C and Series D warrants, with specified exercise prices and terms, and the company indicates that it intends to use the proceeds for working capital and general corporate purposes. A related registration rights agreement provides for the filing of a resale registration statement for the warrants and warrant shares.
Another Form 6-K describes a note purchase agreement with Streeterville Capital, LLC, under which Tantech issued a promissory note for gross proceeds of $3,000,000. The note carries a stated interest rate, original issue discount and other terms, and the company indicates that it will use the net proceeds for working capital and general business purposes. The agreement includes covenants related to exchange act filings, exchange listing, and limitations on certain types of future financings.
The company has also entered into multiple exchange agreements with Streeterville Capital, LLC, under which portions of a prior promissory note were partitioned into new notes and exchanged for common shares. These exchanges were carried out under exemptions from registration under the Securities Act of 1933, as described in the filings.
Quality systems and recognitions
Tantech emphasizes that it is fully ISO 90000 and ISO 14000 certified. It also reports having received a number of national, provincial and local honors, awards and certifications for its products and scientific research efforts. While specific awards are not detailed in the provided materials, the company repeatedly cites these recognitions as part of its profile in home furnishing and building materials and in its bamboo charcoal-based product lines.
Corporate structure and jurisdiction
SEC filings identify Tantech Holdings Ltd. as a British Virgin Islands company. The company’s filings list a principal location in Lishui City, Zhejiang Province, in the People’s Republic of China, and its news releases are typically issued from Lishui, China. Through subsidiaries in China and the United States, Tantech conducts activities in manufacturing, home furnishing and building materials, vehicle production and related commercial factoring.
FAQs about Tantech Holdings Ltd. (TANH)
- What does Tantech Holdings Ltd. do?
Tantech describes itself as a professional high-tech enterprise focused on the production, research and development, and sales of home furnishing and building materials. It has a long history in bamboo charcoal-based products for home use and also reports activities in green building materials, vehicle manufacturing and commercial factoring linked to its supply chain. - In which sector and industry does TANH operate?
Tantech is in the manufacturing sector and is associated with cyclic crude, intermediate, and gum and wood chemical manufacturing, reflecting its focus on bamboo charcoal-based products and related materials, as well as home furnishing and building materials. - How is Tantech involved in home furnishing and building materials?
Company disclosures state that Tantech has been active in the home furnishing and building materials industry since 2002, beginning with bamboo charcoal products for home use and expanding into green building materials and broader home-related materials. It highlights formaldehyde-removal carbon products for construction and renovation materials and a strategy that includes wholesale distribution and franchise development through its Gohomeway platform. - What is Gohomeway Group Inc. and how does it relate to TANH?
Gohomeway Group Inc. is a U.S. subsidiary of Tantech. According to company announcements, it supports Tantech’s overseas business and expansion in the green building materials and home furnishing sector, particularly in North America. Gohomeway has registered the "GOHOMEWAY" trademark in the United States and European Union for categories covering wood flooring, furniture, and related e-commerce and business services. - Is Tantech involved in electric vehicles?
Yes. Tantech reports that since acquiring a majority stake in Shangchi Automobile in 2017, it has manufactured and sold vehicles. It later established subsidiaries such as Lishui Smart New Energy Automobile Co., Ltd. and Zhejiang Shangchi New Energy Automobile Co., Ltd. (later referenced as Zhejiang Shangnilai Technology Co., Ltd.) to produce and sell street sweepers and other electric vehicles. - What role does commercial factoring play in Tantech’s business?
Tantech states that its subsidiary First International Commercial Factoring (Shenzhen) Co., LTD is engaged in commercial factoring for businesses in and related to its supply chain. In another description, it refers to Qianhai Shouxin Commercial Factoring Co., Ltd. as focusing on commercial factoring services related to the company’s supply chain. These entities provide financing services connected to counterparties in Tantech’s operating ecosystem. - On which exchange is TANH listed?
Tantech Holdings Ltd. is listed on the Nasdaq Capital Market under the ticker symbol TANH. The company has issued several announcements regarding its efforts to comply with Nasdaq listing requirements, including periodic filing and minimum bid price rules. - Has Tantech undertaken any share consolidation?
Yes. The company announced that its board approved a one-for-forty share consolidation of its common shares, with the stated objective of enabling the company to regain compliance with Nasdaq’s minimum bid price requirement and maintain its listing. Following the consolidation, the shares trade on a split-adjusted basis under the same symbol TANH. - What types of financing transactions has Tantech recently executed?
Recent Form 6-K filings describe a private placement of common shares and warrants with accredited investors, as well as a note purchase agreement with Streeterville Capital, LLC for a promissory note. The company has also entered into multiple exchange agreements with Streeterville to exchange portions of a prior note for common shares. In its filings, Tantech indicates that proceeds are intended for working capital and general corporate or business purposes. - Where is Tantech based and what is its legal jurisdiction?
SEC filings identify Tantech Holdings Ltd. as a British Virgin Islands company. The company’s disclosures list a location in Lishui City, Zhejiang Province, in the People’s Republic of China, and its news releases are issued from Lishui, China. It also operates through subsidiaries in the United States.