That is a lot of assets
Agreed! Nice DD. I added more today.
Looking forward to that day!!
Tantech subsidiary climbs 16% on new 6 vehicle order
Jun. 21, 2022 7:27 AM ETTantech Holdings Ltd (TANH)By: Deepa Sarvaiya, SA News Editor
Tantech Holdings (NASDAQ:TANH) shares are surging 16% premarket as its subsidiary Shangchi Automobile, nabs a new 6 vehicle order.
The order is for customized, high-end midibuses is expected to be delivered to the customer in Nigeria in July 2022.
Shangchi Automobile's fully customizable, diesel light midibuses feature a manual 5 speed transmission and all the luxuries of a high-end bus, including a fuel efficient, luxury travel experience with comfortable seating for 11 passengers.
"Our high efficiency midibuses check all the boxes and provide both the driver and passengers with a much more comfortable experience, while dramatically cutting harmful emissions that would have been caused if each passenger drove their own vehicle. Our team has been actively working with customers and our supply chain to secure the necessary components for the higher vehicle demand level. Longer term, our ability to effectively service the expected higher demand level will help broaden our addressable market and strengthen our global brand as we work to accelerate our revenue growth and drive a higher value for our shareholders." said Mr. Wangfeng Yan, CEO of Tantech
Biden Executive Order 14017 Potentially Sending Lithium Stocks Skyrocketing
The White House is scared of our country's lithium supply running out. That's why Biden issued executive order 14017 to figure out how to expand our lithium production. And this is GREAT news for one company who's gobbling up land in the lithium-rich Nevada desert.pixel
reported FY21 sales growth of 30.7% year-on-year, to $55.26 million.
The revenue increase was driven mainly by consumer products due to higher sales volume from existing and new customers.
Revenue from the company's EV segment increased 382.4% to approximately $1.9 million in fiscal 2021.
The gross profit jumped 133% Y/Y to $10.4 million and the gross margin expanded by 830 basis points to 18.9%.
Tantech (NASDAQ:TANH) has a market capitalization of $1.67 million and generates $55.26 million in revenue each year. How many employees does Tantech have? Tantech employs 72 workers across the globe. How can I contact Tantech? Tantech's mailing address is No 10 Cen Shan Road Shuige Industrial Zone, Lishui F4, 323000.
Solid DD on Tantech Holdings Ltd.
For the past decade, Tantech has been a highly specialized high-tech enterprise producing, researching and developing bamboo charcoal-based products with an established domestic and international sales and distribution network. Since 2017, when the Company acquired 70% of Shangchi Automobile, a vehicle manufacturer based in Zhangjiagang City, Jiangsu Province, it has manufactured and sold vehicles. The Company established two new subsidiaries, Lishui Smart New Energy Automobile Co., Ltd. and Zhejiang Shangchi New Energy Automobile Co., Ltd., in November 2020, to produce and sell street sweepers and other electric vehicles. The Company is fully ISO 90000 and ISO 14000 certified and has received a number of national, provincial and local honors, awards and certifications for its products and scientific research efforts. The Company's subsidiary, First International Commercial Factoring (Shenzhen) Co., LTD, is engaged in commercial factoring for businesses in and related to its supply chain.
https://www.b2bmit.com/showroom-9022500.htm looking into this as well
Time will tell Best of luck Stocky. Gave ya a follow.
People will come .... this is a diamond in the rough.... these don't happen very often like this...... can be life changing
Stocky, Just need to get this out there. Tweeted several times on twitter. Not on stocktwits or reddit but maybe somebody here is. GLTU
That investment will look really good if we get back to the HOY of $15 but I believe we can see $17 based on the books
Institutional Trading of Tantech
An institutional investor recently bought a new position in Tantech stock. Virtu Financial LLC acquired a new stake in shares of Tantech Holdings Ltd (NASDAQ:TANH – Get Rating) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 184,508 shares of the basic materials company’s stock, valued at approximately $88,000. Virtu Financial LLC owned 2.88% of Tantech as of its most recent SEC filing.
Had some wrong info I see Thanks for the update
Catalyst: In July 2022, Tantech Holdings Ltd, a British Virgin Islands company, formed a wholly-owned subsidiary in Canada, EPakia Canada Inc. (“EPakia Canada”). EPakia Canada will be engaged in developing the biodegradable packaging trading business in Canada and other international markets.
10k shows 60 Mill Authorized Shares with $134 Million in assets
Was mentioned on twitter. Moon Stocks
Was mentioned on twitter. Moon Stocks
watching for updates on revenue and SS - See the Assets involved here - movement appears to be coming imo
$tanh “The Nasdaq Stock Market LLC ("Nasdaq") confirming the Company has regained compliance with the periodic filing requirement for Nasdaq under Listing Rule 5250(c)(1).“
Current share structure from the 20-F (10-K) filing yesterday. There are 29,278,601 shares outstanding as of July 12, 2022. Insider ownership is roughly 7.5% or 2,197,893 shares, which makes the float 27,080,708 shares...
Read pages 105 and 106 of the 20-F filing...
$TANH 323 more watchers added on stocktwits! Over 15000!
This tiny floater with a 25 weekly rsi on such good financial news!!! Imho this runs 2 more days at least.
I was in
when it had major volume then good run.
$Tanh MASSIVE volume 25x (weeklyRSI 28) more to come from that news today.
Email due to nasdaq today as well about their plan to regain compliance. News for that is due too.