Tantech Holdings (TANH) appoints co-CEO, co-CFO and reshapes its board
Rhea-AI Filing Summary
Tantech Holdings Ltd restructured its board and senior management effective August 2, 2026. Directors Weilin Zhang and Hongdao Qian resigned, with both departures stated as not arising from any disagreement regarding the company’s operations, policies, or practices.
The remaining board members elected Yongxin Su as a director and Co-Chief Executive Officer and Bihua Liu as a director and Co-Chief Financial Officer, each serving terms expiring at the 2027 annual meeting of shareholders. Lei Yao was appointed independent director and chair of the nominating committee through the 2026 annual meeting, and Shipu Huang became an independent Class I director with a term through the 2028 annual meeting. The company highlights Su’s AI and high-performance computing background, Liu’s long corporate finance experience, Yao’s banking and management background, and Huang’s IT services and operations experience.
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Key Figures
Effective date of resignations and appointments: August 2, 2026
Term end for Class III directors: 2027 annual meeting of shareholders
Term end for Lei Yao: 2026 annual meeting of shareholders
+1 more
4 metrics
Effective date of resignations and appointments
August 2, 2026
Date on which director resignations and new board and officer appointments took effect
Term end for Class III directors
2027 annual meeting of shareholders
End of terms for Class III directors including Yongxin Su and Bihua Liu
Term end for Lei Yao
2026 annual meeting of shareholders
End of the remaining term for independent director Lei Yao
Term end for Class I director
2028 annual meeting of shareholders
End of the term for independent Class I director Shipu Huang
Key Terms
independent director, Nasdaq Listing Rule 5605(a)(2), nominating committee, Class III director, +1 more
5 terms
independent director regulatory
"Mr. Huang was elected as an independent director by the remaining members"
An independent director is a member of a company's board of directors who is not involved in the company's day-to-day operations and has no significant relationships with the company that could influence their judgment. Their role is to provide unbiased oversight and ensure the company is managed in the best interests of all shareholders. This helps build trust and confidence among investors by promoting transparency and accountability.
Nasdaq Listing Rule 5605(a)(2) regulatory
"The Board has determined that Mr. Yao satisfies the independence requirements of Nasdaq Listing Rule 5605(a)(2)"
Nasdaq Listing Rule 5605(a)(2) sets the criteria Nasdaq uses to decide whether a company’s board members are independent, listing examples of relationships or ties that would disqualify a director from being considered independent. Investors care because a board with genuinely independent directors acts like an impartial referee overseeing management decisions, reducing conflicts of interest and improving the chance that shareholder interests are protected and corporate decisions are scrutinized effectively.
nominating committee regulatory
"resigned as an independent director and the chair of the nominating committee of the Board"
A nominating committee is a small group of company directors tasked with finding, evaluating and recommending people to serve on the board. Think of it as a hiring panel that chooses the team responsible for guiding the business and holding management accountable. Investors care because the committee’s choices shape the board’s experience, independence and judgment, which directly affect strategy, oversight, leadership succession and the protection of shareholder interests.
Class III director regulatory
"Mr. Su was designated as a Class III director and will serve a term"
A Class III director is a board member placed in one of the numbered groups used by companies with a staggered (or “classified”) board; that director’s seat typically comes up for election in the third year of a three-year rotation. For investors this matters because staggered terms create continuity but also make it harder to replace the whole board quickly, affecting shareholder influence, takeover dynamics and how fast new strategy or accountability can be implemented — like replacing only some players on a sports team each season instead of the whole roster at once.
foreign private issuer regulatory
"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What board changes did Tantech Holdings (TANH) implement on August 2, 2026?
On August 2, 2026, Tantech accepted the resignations of directors Weilin Zhang and Hongdao Qian and elected four new directors. The new directors also assumed roles including Co-CEO, Co-CFO, and chair of the nominating committee.
Who became Co-Chief Executive Officer of Tantech Holdings (TANH)?
Yongxin Su was elected director and Co-Chief Executive Officer. He was designated a Class III director with a term expiring at the 2027 annual meeting of shareholders, bringing experience in artificial intelligence and high-performance computing.
Who is the new Co-Chief Financial Officer at Tantech Holdings (TANH)?
Bihua Liu was elected director and Co-Chief Financial Officer, filling the vacancy from Weilin Zhang’s resignation. She will serve the remainder of Zhang’s term through the 2027 annual meeting, with more than two decades of corporate financial management experience.
Which Tantech Holdings (TANH) directors are considered independent under Nasdaq rules?
Lei Yao and Shipu Huang were elected as independent directors. The board determined that each satisfies the independence requirements of Nasdaq Listing Rule 5605(a)(2), with Yao also serving as chair of the nominating committee.
Did the resignations of directors at Tantech Holdings (TANH) involve any disagreement?
The company states that the resignations of Weilin Zhang and Hongdao Qian were not due to any disagreement regarding operations, policies, or practices, indicating they were not linked to disclosed disputes over company matters.
What are the terms of office for the new Tantech Holdings (TANH) directors?
Yongxin Su and Bihua Liu serve until the 2027 annual meeting, Lei Yao until the 2026 annual meeting, and Shipu Huang, a Class I director, until the 2028 annual meeting of shareholders, or until successors are duly elected and qualified.