Tantech Hlds

Tantech Holdings Ltd. engages in the development and manufacture of bamboo-based charcoal products. It operates through the following segments: Consumer Product, Trading, and Electric Vehicle. The Consumer Product segment includes purification and deodorization products, cleaning products, and barbecue charcoals designed for the domestic market that are sold under the brand name Charcoal Doctor. The Trading segment focuses on exporting charcoal products. The Electric Vehicle segment offers solar cells, lithium-ion batteries, auto parts, and electric control systems. The company was founded by Zheng Yu Wang on November 19, 2010 and is headquartered in Lishui, China.

Tantech Holdings Ltd. engages in the development and manufacture of bamboo-based charcoal products. It operates through the Consumer Product and Electric Vehicle segments. The Consumer Product segment manufactures, sell and trade Charcoal Doctor branded products and BBQ charcoal in China well as biodegradable packaging business. The Electric Vehicle segment offers solar cells, lithium-ion batteries, auto parts, and electric control systems. The company was founded by Zheng Yu Wang on November 19, 2010 and is headquartered in Lishui, China.

LISHUI, China , Dec. 16, 2024 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today announced that Tantech has established two subsidiaries in the United States, Gohomeway Inc and Gohomeway Group Inc. The new companies aim to support the Company's growing demand for overseas business, increase its presence in the green building materials sector, and expand its operations in this field. Since its focus on the development of formaldehyde-removal carbon products for construction and renovation materials in 2002, Tantech has been engaged in the green building materials sale and development business for over 20 years.

Tantech Holdings Ltd Establishes New U.S.-Based Subsidiaries

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LISHUI, China , Aug. 28, 2024 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), announced today that on August 27, 2024, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through February 24, 2025. To regain compliance with NASDAQ's minimum bid price requirement, the closing bid price of the Company's common shares needs to be at least $1.00 per share or greater for at least ten consecutive business days by February 24, 2025.

Tantech Holdings Ltd Receives NASDAQ Minimum Bid Price Requirement Extension

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LISHUI, China , June 17, 2024 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") announced today that it received notification from The Nasdaq Stock Market LLC ("Nasdaq") confirming the Company has regained compliance with the periodic filing requirement for Nasdaq under Listing Rule 5250(c)(1). Nasdaq noted this matter is now closed.

Tantech Holdings Ltd Regains Compliance with Nasdaq

LISHUI, China , May 21, 2024 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") announced today that it received a notice of non-compliance from Nasdaq Stock Market LLC ("Nasdaq") on May 20, 2024 stating that, as a result of not having timely filed its annual report on Form 20-F for the year ended December 31, 2023, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission. This notice has no immediate effect on the listing or trading of the Company's common shares on the Nasdaq.

Tantech Holdings Ltd Received Notification of Deficiency from Nasdaq Related to Not Timely Filing of Annual Report on Form 20-F

Tantech (NASDAQ: TANH ) stock is taking off on Monday as the manufacturing company experiences heavy trading this morning. This has more than 42 million shares of TANH stock changing hands as of this writing.

Why Is Tantech (TANH) Stock Up 91% Today

LISHUI, China , April 22, 2024 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today announced that it has entered into a securities purchase agreement with institutional investors to raise approximately $2.1 million in aggregate cash proceeds, before deducting fees to the placement agent and other offering expenses payable by the Company. The closing of the private placement is expected to occur on April 24, 2024, subject to the satisfaction of certain customary closing conditions set forth in the securities purchase agreement.

Tantech Holdings Ltd Announces $2.1 Million Private Placement

LISHUI, China , Feb. 29, 2024 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today announced that on February 27, 2024, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares was below $1.00 per share for a period of 31 consecutive business days.

Tantech Receives NASDAQ Notification Regarding Minimum Bid Requirements

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LISHUI, China , Aug. 28, 2023 /PRNewswire/ -- 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.

Tantech Secures Major Contract to Supply 50 Midibuses to Malaysia

LISHUI, China , Aug. 14, 2023 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") announced that its subsidiary, Shangchi Automobile Co., Ltd., has recently signed a sales contract to export 20 school buses to Ecuador; this is the 4th order of school buses from Ecuador.

Tantech to Supply Twenty Modern School Buses to Ecuador to Enhance Student Transportation Capacities

LISHUI, China, July 13, 2023 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today announced that its subsidiary, Shangchi Automobile Co., Ltd., has signed a new sales contract to export 60 midibuses to Nigeria.

Tantech Expands Export Sales of Midibus to Nigeria

LISHUI, China, May 25, 2023 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today announced that its subsidiary, EPakia Inc., made a successful presentation at the 2023 National Restaurant Association (NRA) Show. The NRA Show is sponsored by the National Restaurant Association, an American industry association with huge influence around the world.

Tantech's Successful Exhibition in the NRA Show Increased Brand Visibility Within Industry

LISHUI, China, May 16, 2023 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today announced that its subsidiary, Shangchi Automobile Co., Ltd., has recently signed a new contract to export electric midibus to Dominica.

Tantech Exports Midibus to Dominica

LISHUI, China, May 1, 2023 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), a clean energy company, today reported its audited financial results for the twelve months ended December 31, 2022. For the year ended December 31, 2022 2021 Change Revenues $ 53,490 55,264 -3.2 % Gross profit 10,093 10,431 -3.2 % Gross Margin 18.9 % 18.9 % 0.0 % Operating expenses 5,520 18,946 -70.9 % Net income (loss) attributable to common stockholders $ 3,021 (8,358) -136.1 % Earnings (loss) from continuing operations per share $ 3.03 (48.35) N/A   Revenues decreased by approximately $1.8 million, or 3.2%, to approximately $53.5 million in fiscal 2022 from approximately $55.3 million in fiscal 2021.

Tantech Announces Full Year 2022 Financial Results

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LISHUI, China, March 24, 2023 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), a clean energy company in China, today announced that it has closed a private placement transaction, in which the Company sold to individual purchasers an aggregate of 1,000,000 common shares, par value $0.24 per share (the "Shares"), at a price of $2.8 per share for aggregate gross proceeds of $2.8 million. The Company intends to use the proceeds from this offering for working capital and general corporate purposes.

Tantech Announces a $2.8 Million Private Placement

LISHUI, China , Feb. 21, 2023 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today announced that its subsidiary, Shangchi Automobile Co., Ltd., has signed a new contract to export 10 high-end midibuses to Nigeria.

Tantech to Fulfil New Order for Exporting Customized Midibuses to Nigeria

LISHUI, China, Dec. 28, 2022 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today reported its unaudited financial results for the six months ended June 30, 2022. As compared with the same period of 2021, Tantech had increased its total revenues by approximately $6.4 million, or 31.0%, to approximately $27.0 million in the first six months of 2022 while reduced its total operating expenses by approximately $7.8 million, or 80.3%, to approximately $1.9 million, attaining a decent gross profit margin of 19.0% and leaving its total cash on hand stocked at approximately $10.8 million.

Tantech Reports Unaudited Financial Results for the First Six Months of Fiscal Year 2022

LISHUI, China , Dec. 12, 2022 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today announced that its subsidiary, Zhejiang Tantech Bamboo Charcoal Co., Ltd., had received a certificate from the Bamboo and Rattan Technical Committee of the International Organization for Standardization (ISO/TC 296).

Tantech Participated in Setting International Standards for Bamboo-based Activated Carbon

LISHUI, China , Dec. 1, 2022 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), announced today that, on November 30, 2022, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2). NASDAQ noted this matter is now closed.

Tantech Holdings Regains Compliance with NASDAQ Minimum Bid Price Requirement

LISHUI, China , Nov. 30, 2022 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today announced that its subsidiary, Shangchi Automobile Co., Ltd., had received a second order from Nigeria to export 6 additional fully customized midibuses within 60 days.

Tantech Exports Customized Midibuses to Nigeria Again

LISHUI, China , Nov. 8, 2022 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), announced today that the Company's Board approved on October 28, 2022 to effect a share consolidation of the Company's common shares at the ratio of one-for-24 with the marketplace effective date of November 9, 2022. The objective of the share consolidation is to enable the Company to regain compliance with NASDAQ Marketplace Rule 5550(a)(2) and maintain its listing on Nasdaq.

Tantech Holdings Announces 1-for-24 Common Share Consolidation

LISHUI, China , Oct. 31, 2022 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company"), announced today that on October 28, 2022, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through April 24, 2023. To regain compliance with NASDAQ's minimum bid price requirement, the closing bid price of the Company's common shares needs to be at least $1.00 per share or greater for at least ten consecutive business days by April 24, 2023.

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