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Related party transactions (Tables)

6 Months Ended

Mar. 31, 2022

Related party transactions

Schedule of relationship and the nature of related party transactions

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​	​	​	​	​
Name of related party		Relationship to the Company		Nature of transactions
Forasen Group Co., Ltd. (“Forasen Group”)	​	Owned by Mr Zhengyu Wang, the Chairman of Board of Directors of the Company	​	Purchases from the Company
Zhejiang Tantech Bamboo Technology Co., Ltd	​	Under common control of Mr Zhengyu Wang and Ms Yefang Zhang, CEO of the Company	​	Lease factory building to the Company; purchases from the Company
Hangzhou Forasen Technology Co., Ltd	​	Controlled by Mr. Zhengyu Wang	​	Sublease of office space from the Company.
Xinyang Wang	​	Shareholder of Nongyuan Network	​	Provide a real property as additional security for a short-term bank.
Dehong Zhang	​	CEO of the Company, Yefang Zhang’s brother	​	Provide a guarantee as an additional security for a revolving loan

Schedule of due from related parties

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​	​	​	​	​	​
​		As of			As of
​	​	March 31,		​	September 30,
​		2022			2021
Yefang Zhang	​	$	319,467		—
Farmnet	​		18,200		—
Xinyang Wang	​		79		—
Total	​	$	337,746		—

Schedule of due to related parties

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​	​	​	​	​	​
​	​	As of	​	As of
​	​	March 31,	​	September 30,
​		2022		2021
Farmnet		—	​	$	54,600
Zhejiang Tantech Bamboo Technology Co., Ltd.		—	​		3,032
Total		—	​	$	57,632

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Represents information of due from related parties.

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Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates.

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