EXHIBIT 8.1
SUBSIDIARIES
List of Subsidiaries
| Company Name (English) |
| Company Name (Chinese) |
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| Country of Incorporation/Formation |
| Ownership | ||
| EPakia Inc. |
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| N/A |
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| Delaware, U.S. |
| Wholly owned subsidiary of Tantech Holdings Ltd |
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| USCNHK Holding Limited |
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| N/A |
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| Hong Kong |
| Wholly owned subsidiary of Tantech Holdings Ltd |
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| EAG International Vantage Capitals Limited |
| 欧亚通国际资本有限公司 |
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| Hong Kong |
| Wholly owned subsidiary of Tantech Holdings Ltd |
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| GOHOMEWAY INC |
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| N/A |
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| California, U.S. |
| Wholly owned subsidiary of Tantech Holdings Ltd |
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| GOHOMEWAY GROUP INC |
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| N/A |
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| California, U.S. |
| Wholly owned subsidiary of GOHOMEWAY INC |
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| China East Trade Co., Limited |
| 中国上东贸易有限公司 |
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| Hong Kong |
| Wholly owned subsidiary of EAG International Vantage Capitals Limited |
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| Xintong International Trading Limited |
| 鑫通国际贸易有限公司 |
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| Hong Kong |
| 85%-owned subsidiary of EAG International Vantage Capitals Limited |
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| Eurasia New Energy Automotive (Jiangsu) Co., Ltd. |
| 欧亚通新能源（江苏）汽车有限公司 |
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| People’s Republic of China |
| Wholly owned subsidiary of EAG International Vantage Capitals Limited |
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| Eurasia Holdings (Zhejiang) Co., Ltd. |
| 欧亚通控股（浙江）有限公司 |
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| People’s Republic of China |
| Wholly owned subsidiary of EAG International Vantage Capitals Limited |
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| Shangchi (Zhejiang) Intelligent Equipment Co., Ltd. |
| 上弛(浙江)智能设备有限公司 |
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| People’s Republic of China |
| Wholly owned subsidiary of EAG International Vantage Capitals Limited |
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| Shanghai Jiamu Investment Management Co., Ltd. |
| 上海佳木投资管理有限公司 |
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| People’s Republic of China |
| Wholly owned subsidiary of EAG International Vantage Capitals Limited |
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| Shanghai Senhuixin Technology Co., Ltd |
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| People’s Republic of China |
| Wholly owned subsidiary of Xintong International Trading Limited |
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| Zhejiang Shangchi New Energy Automobile Co., Ltd. |
| 浙江尚尼莱科技有限公司 |
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| People’s Republic of China |
| Wholly owned subsidiary of Shanghai Wangju Industrial Group Co., Ltd. |
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| Lishui Smart New Energy Automobile Co., Ltd. |
| 丽水智动新能源车辆有限公司 |
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| People’s Republic of China |
| Wholly owned subsidiary of Shanghai Wangju Industrial Group Co., Ltd. |
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| Zhejiang Zhuguxingqi Technology Co., Ltd. |
| 浙江竹谷兴企业科技有限公司 |
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| People’s Republic of China |
| Wholly owned subsidiary of Shanghai Wangju Industrial Group Co., Ltd. |
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| Zhejiang Shangchi Medical Equipment Co., Ltd. |
| 浙江上驰医疗装备有限公司 |
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| People’s Republic of China |
| Wholly owned subsidiary of Zhejiang Shangchi Medical Equipment Co., Ltd. | ||
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| Hangzhou Eurasia Supply Chain Co., Ltd. |
| 杭州欧亚供应链有限公司 |
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| People’s Republic of China |
| Wholly owned subsidiary of Eurasia Holdings (Zhejiang) Co., Ltd. | ||
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| Gangyu Trading (Jiangsu) Co., Ltd. |
| 港誉贸易（江苏）有限公司 |
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| People’s Republic of China |
| Wholly owned subsidiary of Euroasia New Energy Automotive (Jiangsu) Co., Ltd. | ||
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| Shanghai Wangju Industrial Group Co., Ltd. |
| 上海旺桔实业集团有限公司 |
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| People’s Republic of China |
| Wholly owned subsidiary of Shanghai Jiamu Investment Management Co., Ltd. | ||
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| Shenzhen Shangdong Trading Co., Ltd. |
| 深圳市上东贸易有限公司 |
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| People’s Republic of China |
| Wholly owned by Shanghai Wangju Industrial Group Co., Ltd. | ||
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| First International Commercial Factoring (Shenzhen) Co., Ltd. |
| 首保国际商业保理（深圳）有限公司 |
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| People’s Republic of China |
| 75% owned by Shenzhen Shangdong Trading Co., Ltd., 25% owned by China East Trade Co., Limited. |