Document and Entity Information
Document and Entity Information | 12 Months Ended |
Dec. 31, 2021 shares | |
Document and Entity Information | |
Document Type | 20-F/A |
Document Registration Statement | false |
Document Annual Report | true |
Document Period End Date | Dec. 31, 2021 |
Document Transition Report | false |
Document Shell Company Report | false |
Entity File Number | 001-36885 |
Entity Registrant Name | TANTECH HOLDINGS LTD |
Entity Incorporation, State or Country Code | D8 |
Entity Address, Address Line One | No. 10 Cen Shan Road, Shuige Industrial Zone |
Entity Address, City or Town | Lishui City |
Entity Address, Country | CN |
Entity Address, Postal Zip Code | 323000 |
Title of 12(b) Security | Common shares |
Trading Symbol | TANH |
Security Exchange Name | NASDAQ |
Entity Common Stock, Shares Outstanding | 6,399,460 |
Entity Well-known Seasoned Issuer | No |
Entity Voluntary Filers | No |
Entity Current Reporting Status | Yes |
Entity Interactive Data Current | Yes |
Entity Filer Category | Non-accelerated Filer |
Entity Emerging Growth Company | false |
Entity Shell Company | false |
Document Accounting Standard | U.S. GAAP |
Entity Central Index Key | 0001588084 |
Current Fiscal Year End Date | --12-31 |
Document Fiscal Year Focus | 2021 |
Document Fiscal Period Focus | FY |
Amendment Flag | true |
Amendment Description | This Amendment No. 1 on Form 20-F/A (the “Form 20-F/A”) amends the annual report on Form 20-F of Tantech Holdings Ltd (the “Company”) for the fiscal year ended December 31, 2021, originally filed with the U.S. Securities and Exchange Commission (“SEC”) on July 18, 2022 (the “Form 20-F”). This Form 20-F/A is being filed in response to comment letters dated September 12, 2022 and November 10, 2022 (collectively, the “SEC Comment Letter”) received from the staff of the SEC and relates to matters discussed in the SEC Comment Letter and in the Company’s responses dated October 12, 2022 and November 28, 2022. Item 3 of Part I, Item 15 of Part II, and Items 17, 18 and 19 of Part III in the Form 20-F are amended by this Form 20-F/A to reflect additional information and revised disclosure requested in the SEC Comment Letter regarding Our Corporate Structure and the Operations of our PRC Subsidiaries, Permissions Required from the PRC Authorities for Our Operations, Cash Flows through our Organization and Selected Consolidating Financial Schedule in Item 3, Key Information, of Part I, and Changes in Internal Control over Financial Reporting in Item 15, Controls and Procedures, of Part II. And Items 17 and 18, Financial Statements, of Part III in the Form 20-F are amended by this Form 20-F/A to include a revised Report of Independent Registered Public Accounting Firm and a revised Note 3 to the Consolidated Financial Statements. Item 19 of Part III in the Form 20-F is amended by the filing of new exhibits regarding CEO and CFO certification and the auditor’s consent letter in this Form 20-F/A. |
Auditor Name | YCM CPA, Inc |
Auditor Firm ID | 6781 |
Auditor Location | Irvine, California |
Business Contact | |
Document and Entity Information | |
Contact Personnel Name | Mr. Weilin Zhang |
Entity Address, Address Line One | No. 10 Cen Shan Road, Shuige Industrial Zone |
Entity Address, City or Town | Lishui City |
Entity Address, Country | CN |
Entity Address, Postal Zip Code | 323000 |
City Area Code | 86 |
Local Phone Number | 578-226-2305 |
Contact Personnel Fax Number | 86-578-226-2360 |
Contact Personnel Email Address | tantech@tantech.cn |
Variable Interest Entity Statem
Variable Interest Entity Statements | 12 Months Ended |
Dec. 31, 2021 | |
Variable Interest Entity Statements | |
Variable Interest Entity Statements | Note 3 Variable Interest Entity Statements Prior to August 3, 2021, the Company’s wholly owned subsidiary, Shanghai Jiamu Investment Management Co., Ltd (“Jiamu”), effectively controlled and was entitled to the economic benefits of the Company’s VIE entity, Hangzhou Wangbo Investment Management Co., Ltd (“Wangbo” or “VIE”), through a series of contractual arrangement (“VIE agreements”), which were designed to provide Jiamu with certain powers, rights, and obligations to Wangbo, as set forth under the VIE Agreements. Accordingly, Jiamu was regarded as the primary beneficiary of Wangbo for accounting purposes and consolidated the financial results of the Wangbo and its subsidiaries under the Statement of Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 810 “Consolidation. On July 28, 2021, Jiamu, Wangbo and the nominal shareholders of Wangbo signed a Termination Agreement to terminate the VIE agreements and the nominal shareholders who previously owned 100% equity interest of Wangbo transferred all their equity interests in Wangbo to Jiamu for a nominal consideration (the “Dismantlement Transaction”). As a result, Wangbo becomes a wholly owned subsidiary of Jiamu. The Dismantlement Transaction was completed on August 3, 2022. Since Wangbo is effective controlled by the Company through our wholly owned subsidiary Jiamu before and after the Dismantlement Transaction, the Dismantlement Transaction is considered a reorganization under common control and the consolidation of Wangbo and its subsidiaries has been accounted for at historical cost in accordance with Accounting Standards Codification (“ASC”) 805-50-30-5. |
Variable Interest Entity Stat_2
Variable Interest Entity Statements (Details) | Jul. 28, 2021 |
Wangbo | VIE | |
Variable Interest Entity Statements | |
Equity interest Owned | 100% |