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Organization and nature of business
6 Months Ended
Jun. 30, 2022
Organization and nature of business  
Organization and nature of business

Note 1 – Organization and Nature of Business

Tantech Holdings Ltd (“Tantech” or “Tantech BVI”) is a holding company established under the laws of the British Virgin Islands on November 9, 2010. Tantech engages in the research and development, production and distribution of various products made from bamboo, manufacture and selling electric vehicles and non-electric vehicles, as well as investment in mining exploration. On August 3, 2021, Tantech completed dismantling its VIE structure. As of June 30, 2022, details of the subsidiaries of the Company and their principal business activities are set out below:

Name of Entity

    

Date of
Incorporation

    

Place of
Incorporation

    

% of
Ownership

    

Principal Activities

Tantech Holdings Ltd (“Tantech” or “Tantech BVI”)

 

November 9, 2010

 

BVI

 

Parent

 

Holding Company

 

 

 

 

 

 

 

 

 

USCNHK Group Limited (“USCNHK”)

 

October 17, 2008

 

Hong Kong

 

100% by the Parent

 

Holding Company

 

 

 

 

 

 

 

 

 

EAG International Vantage Capitals Limited (“Euroasia”)

 

April 27, 2015

 

Hong Kong

 

100% by the Parent

 

Holding Company

 

 

 

 

 

 

 

 

 

EPakia Inc. (“EPakia”)

On May 19, 2022

United States

100% by the Parent

Biodegradable packaging business

Tantech Holdings (Lishui) Co. Ltd. (“Lishui Tantech”)

 

April 7, 2016

 

Lishui, Zhejiang Province, China

 

100% by USCNHK

 

Holding Company

 

 

 

 

 

 

 

 

 

Euroasia New Energy Automotive (Jiangsu) Co. Ltd. (“Euroasia New Energy”)

 

October 24, 2017

 

Zhangjia Gang, Jiangsu Province, China

 

100% by Euroasia

 

Holding Company

 

 

 

 

 

 

 

 

 

Shanghai Jiamu Investment Management Co., Ltd (“Jiamu”)

 

July 14, 2015

 

Shanghai, China

 

100% by Euroasia

 

Holding Company

 

 

 

 

 

 

 

 

 

Hangzhou Wangbo Investment Management Co., Ltd (“Wangbo”)

 

February 2, 2016

 

Hangzhou, Zhejiang Province, China

 

100% by Jiamu

 

Holding Company

 

 

 

 

 

 

 

 

 

Hangzhou Jiyi Investment Management Co., Ltd (“Jiyi”)

 

February 2, 2016

 

Hangzhou, Zhejiang Province, China

 

100% by Jiamu

 

Holding Company

 

 

 

 

 

 

 

 

 

Shangchi Automobile Co., Ltd. (“Shangchi Automobile”)

 

Acquired on July 12, 2017

 

Zhangjia Gang, Jiangsu Province, China

 

51% by Wangbo and 19% by Jiyi

 

Manufacturing and sale of specialty electric and non-electric vehicles and power batteries

 

 

 

 

 

 

 

 

 

Shenzhen Yimao New Energy Sales Co., Ltd. (“Shenzhen Yimao”)

 

November 13, 2018

 

Shenzhen, Guangdong Province, China

 

100% by Shangchi Automobile

 

Electric vehicles sales

 

 

 

 

 

 

 

 

 

Lishui Xincai Industrial Co., Ltd. (“Lishui Xincai”)

 

December 14, 2017

 

Lishui, Zhejiang Province, China

 

100% by Lishui Tantech

 

Holding Company

 

 

 

 

 

 

 

 

 

Zhejiang Tantech Bamboo Charcoal Co., Ltd. (“Tantech Charcoal”)

 

September 5, 2002

 

Lishui, Zhejiang Province, China

 

100% by Lishui Xincai

 

Manufacturing, selling and trading various products made from bamboo and charcoal

 

 

 

 

 

 

 

 

 

Lishui Jikang Energy Technology Co., Ltd. (“Jikang Energy”)

 

January 2, 2020

 

Lishui, Zhejiang Province, China

 

100% by Lishui Xincai

 

Holding Company

 

 

 

 

 

 

 

 

 

Hangzhou Tanbo Tech Co., Ltd. (“Tanbo Tech”)

 

December 8, 2015

 

Hangzhou, Zhejiang Province, China

 

100% by Lishui Xincai

 

Exploring business opportunities outside Lishui area

 

 

 

 

 

 

 

 

 

Zhejiang Tantech Bamboo Technology Co., Ltd. (“Tantech Bamboo”)

 

December 31, 2005

 

Lishui, Zhejiang Province, China

 

100% by Jikang Energy

 

Manufacturing and sale of various products made from bamboo

 

 

 

 

 

 

 

 

 

Zhejiang Shangchi New Energy Automobile Co., Ltd. (“Zhejiang Shangchi”)

 

November 12, 2020

 

Lishui, Zhejiang Province, China

 

100% by Lishui Tantech

 

Sales of automobiles

 

 

 

 

 

 

 

 

 

Lishui Smart New Energy Automobile Co., Ltd. (“Lishui Smart”)

 

November 16, 2020

 

Lishui, Zhejiang Province, China

 

100% by Lishui Tantech

 

Research, development and manufacturing new energy automobiles

Gangyu Trading (Jiangsu) Co., Ltd. (“Gangyu Trading”)

August 10, 2021

Zhangjiagang Jiangsu Province, China

100% by Euroasia New Energy

Marketing and selling electric vehicles

Shangchi (Zhejiang) Intelligent Equipment Co., Ltd. (“Shangchi Intelligent Equipment”)

August 26, 2021

Pinghu Zhejiang Province, China

100% by Euroasia

Manufacturing and sales company focusing on new energy vehicles

Shanghai Wangju Industrial Group Co., Ltd. (“Shanghai Wangju”)

September 23, 2021

Shanghai, China

100% by Jiamu

Investing in the factoring industry

Eurasia Holdings (Zhejiang) Co., Ltd. (“Eurasia Holdings”)

July 15, 2021

Hangzhou Zhejiang province, China

100% by Euroasia

Marketing and selling electric vehicles

Hangzhou Eurasia Supply Chain Co., Ltd. (“Eurasia Supply”)

August 4 2021

Hangzhou Zhejiang province, China

100% by Eurasia Holdings

Supply chain business

Zhejiang Shangchi Medical Equipment Co., Ltd. (“Shangchi Medical”)

November 13, 2021

Pinghu Zhejiang Province, China

100% by Shangchi Intelligent Equipment

Manufacturing and sales company focusing on new energy vehicles

Shenzhen Shangdong Trading Co., Ltd. (“Shenzhen Shangdong”)

July 13, 2016

Shenzhen Guangdong Province, China

100% by Shanghai Wangju

Investing in the factoring industry

China East Trade Co., Ltd. (“China East”)

February 15, 2018

Hong Kong

100% by Euroasia

Investing in the factoring industry

First International Commercial Factoring (Shenzhen) Co., Ltd. (“First International”)

July 27, 2017

Shenzhen Guangdong Province, China

75% by Shenzhen Shangdong 25% by China East

Investing in the factoring industry