Tantech’s U.S. Subsidiary Signs $5 Million Sales Contract
DENVER, Colo., Dec 27, 2024 (247marketnews.com)- Tantech’s (NASDAQ: TANH) U.S. subsidiary, Gohomeway Group, signed an annual purchase agreement with Heidi Enterprise Group, in which Heidi Enterprise Group will purchase $5 million in flooring products from Gohomeway Group, in 2025.
Wangfeng Yan, Tantech’s CEO, commented, “The substantial progress achieved in our construction materials sales in the U.S. reflects our commitment to market growth. We will continue to strengthen our efforts to expand operations in the U.S., aiming to establish a robust market ecosystem that is planned to include a comprehensive distribution network and franchise system through the operations of Gohomeway Group Inc.”
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