Tantech Holdings Ltd
Business Description
Tantech Bamboo was established in October 2002 under the trading name “Lishui
Zhonglin High Tech Co., Ltd.” by its incumbent owner. Following the establishment
of the Forasen Green Energy Group, later renamed Forasen Group Ltd. (“Forasen
Group”), in May 2003, 60% of THL’s shares were acquired by the Forasen
Group. A second subsidiary, Tantech Charcoal, was acquired in September 2006
to manage the Forasen Group’s export business. In September 2008 a third
subsidiary, Tantech Energy, was established to research and develop bamboo charcoals
application as a carbon component for EDLCs. Following the renaming of the Forasen
Group to its current name, 95% of Tantech Bamboo’s shares were acquired
by USCNHK, a Hong Kong registered company, in December 2010. In May and December
2016, Zhejiang Tantech Bamboo Technology Co.,Ltd., a USCNHK’s wholly owned
subsidiary acquired 100% of Tantech Bamboo’s shares from USCNHK and five
individuals.
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