Tantech Holdings Ltd. (TANH)
NASDAQ (CM) NASDAQ (CM) Primary Summary
Why Is Tantech (TANH) Stock Up 91% Today
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.
Tantech Holdings Ltd. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Jae Cho Marex Group plc | 34,112 | $37,937.55 | $15,691.52 | -$22,246.03 | -58.64% |
Tantech Holdings Ltd. (TANH) FAQ
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Tantech Holdings Ltd. Profile
| Household Products Industry | Consumer Staples Sector | Wangfeng Yan CEO | NASDAQ (CM) Exchange | G8675X156 CUSIP |
| CN Country | 86 Employees | - Last Dividend | 9 Nov 2022 Last Split | 24 Mar 2015 IPO Date |
Overview
Tantech Holdings Ltd is a diversified company specializing in the development and manufacturing of bamboo-based charcoal products. With operations that span across the People's Republic of China and internationally, the company has established a strong presence in various markets. It operates through three main segments: Consumer Products, Electric Vehicles, and Biodegradable Packaging. Founded in 1998 and headquartered in Lishui, the People's Republic of China, Tantech has expanded its product offerings to include not only charcoal and bamboo vinegar products but also electric vehicles and biodegradable packaging solutions. The company's commitment to innovation and sustainability is reflected in its wide range of products and services, catering to industrial, household, and agricultural needs.
Products and Services
- Charcoal and Bamboo-Based Products:
Tantech produces a variety of bamboo-based charcoal products for applications such as industrial energy, household cooking, heating, and purification. This includes pressed and formed charcoal briquettes under the Algold brand, suitable for grills and incense burners, and Charcoal Doctor branded products like air purifiers, automotive air purifiers, humidity control products, and wardrobe deodorizers. The company also offers a range of unique products such as charcoal shoe insoles and refrigerator deodorants, highlighting the versatility of charcoal as a natural purifier.
- Bamboo Vinegar:
A byproduct of charcoal production, bamboo vinegar is utilized in a range of applications from disinfectants and detergents to specialized soaps and fertilizers. Its uses extend to various agricultural applications, showcasing the company's innovation in utilizing byproducts effectively.
- Electric Vehicles:
Tantech has branched out into the development and sale of electric vehicles, including electric buses, logistics cars, and specialty vehicles such as brushless cleaning cars and funeral cars. This segment demonstrates the company's commitment to sustainable transportation solutions. Additionally, Tantech deals in solar cells, lithium-ion batteries, auto parts, and electric control systems, further diversifying its product lineup in the electric transportation sector.
- Biodegradable Packaging:
Understanding the global need for sustainable packaging solutions, Tantech is involved in the biodegradable packaging and supply chain businesses. This initiative aligns with the global shift towards reducing plastic waste and promoting eco-friendly packaging options.
- Commercial Factoring Services:
Beyond its core product offerings, Tantech also provides commercial factoring services, offering financial solutions to its clients and enhancing its business model's diversity.
