MARKET WIRE NEWS

Tantech Holdings Ltd. (TANH) Subsidiary Registers U.S. Trademark

MWN-AI** Summary

Tantech Holdings Ltd. (NASDAQ: TANH), a diversified high-tech company engaged in manufacturing and selling home furnishings and building materials, announced the strategic registration of its subsidiary Gohomeway Group Inc.'s trademark "GOHOMEWAY" in the United States on January 16, 2025. This significant milestone is intended to bolster the Gohomeway brand's presence in the U.S. market, spanning various categories such as wood flooring, furniture, cabinetry, and e-commerce services.

The trademark registration, which was filed under application number 98967272, not only provides legal protection but also strengthens Gohomeway’s operational capacity as the company seeks to establish a scalable and efficient operational network. According to Yan Wangfeng, the CEO of Tantech, this registration enhances the brand's legal positioning and supports the company's sustainable growth strategy in a competitive sector.

Tantech has been active in the home furnishing and building materials industry since 2002, starting with bamboo charcoal products. In 2022, the company expanded into the North American market, establishing a wholly-owned subsidiary in the U.S. to enhance its research and development capabilities. The company adheres to international quality management standards, being ISO 90000 and ISO 14000 certified.

Tantech's evolution reflects its commitment to innovation and market expansion, especially in the wake of registering its trademark. The news is part of a broader growth strategy as the company continues to engage in various construction and home improvement sectors, positioning itself effectively to meet growing consumer demands. As Tantech navigates potential market opportunities, the secured trademark represents a foundational step towards building a recognizable and trusted brand in the competitive home furnishing industry.

MWN-AI** Analysis

Tantech Holdings Ltd. (NASDAQ: TANH) recently made headlines with its subsidiary, Gohomeway Group Inc., successfully registering the "GOHOMEWAY" trademark in the U.S. This strategic move is poised to enhance the company's growth trajectory, especially as it looks to expand its footprint in the North American market.

The trademark spans various categories, including construction materials, furniture, and e-commerce, opening avenues for Gohomeway to tap into the diverse and lucrative U.S. home furnishing and building materials sectors. The legal protection afforded by the registration also means that Gohomeway can better safeguard its intellectual property while streamlining its operational network—a crucial step in establishing a scalable business model.

Market watchers should note that Tantech's strategy aligns with broader trends in the home improvement market, which has seen a surge in demand post-pandemic. As homeowners focus on renovations and enhancements, the potential for growth in this sector is significant. Additionally, Tantech’s history of ISO certifications and accolades further positions it as a credible player in the industry.

Investors should consider potential risks; while the trademark registration strengthens market presence, it is crucial to monitor how Gohomeway will navigate competitive pressures and regulatory landscapes in the U.S. Furthermore, fluctuations in raw material prices and supply chain disruptions may impact profit margins and operational efficiency.

Overall, the trademark registration indicates a promising chapter for Tantech Holdings Ltd. investors. However, due diligence and an awareness of market dynamics and competitive environments will be essential for making informed investment decisions. Continued surveillance of the company's market entry strategies will be key to understanding its long-term growth potential in the rapidly evolving home furnishings landscape.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: PR Newswire

PR Newswire

LISHUI, China , Jan. 21, 2025 /PRNewswire/ -- Tantech Holdings Ltd (NASDAQ: TANH) ("Tantech" or the "Company") today announced that on January 16, 2025 , its subsidiary, Gohomeway Group Inc., completed the registration of the "GOHOMEWAY" trademark in the United States . The registration, filed under application number 98967272, marks a significant milestone in the company's growth.

The "GOHOMEWAY" trademark spans a wide range of categories, including wood flooring, engineered wood flooring, and other construction materials (Class 19); furniture, cabinetry, and home storage solutions (Class 20); as well as e-commerce, advertising, and business consulting services (Class 35).

The trademark's registration provides legal protection and rights for the Gohomeway brand as Gohomeway expands its operations across the U.S. With the registration in place, Gohomeway is well-positioned to streamline its operational network development and establish a comprehensive and scalable chain system.

Yan Wangfeng, CEO of Tantech stated, " The trademark registration not only strengthens our brand's legal standing but also enhances our ability to develop the Gohomeway operational network and amplify our market presence. With the trademark in place, we are better equipped to drive sustainable growth as a new participant in a competitve industry."

About Tantech Holdings Ltd

TANH is a professional high-tech enterprise focused on the production, research and development, and sales of home furnishing and building materials. With a well-established domestic and international sales and distribution network, the company has been active in the home furnishing and building materials industry since 2002, beginning with the manufacture of bamboo charcoal products for home use. In 2022, TANH further strengthened its presence in the North American market by establishing a wholly-owned subsidiary in the United States to enhance the R&D and sales of home furnishing and building materials.

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. For more information, please visit: https://tanhtech.com .

Forward-Looking Statements

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning the sales, plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulations, and other risks contained in reports filed by the Company with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by this cautionary statement and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

For more information, please contact:

Tantech Holdings Ltd
Investor Relations
Tel: +86 (578) 226-2305
ir@tantech.cn

SOURCE Tantech Holdings Ltd.

FAQ**

How does the recent trademark registration by Tantech Holdings Ltd. TANH for "GOHOMEWAY" enhance the company's competitive position in the U.S. home furnishing and building materials market?

The recent trademark registration for "GOHOMEWAY" by Tantech Holdings Ltd. TANH strengthens its competitive position in the U.S. home furnishing and building materials market by enhancing brand recognition and protection, enabling differentiated marketing and potential expansion opportunities.

What strategic initiatives will Tantech Holdings Ltd. TANH implement to leverage the legal protection of the "GOHOMEWAY" trademark for future growth and expansion in North America?

Tantech Holdings Ltd. (TANH) plans to implement strategic initiatives such as enhancing brand visibility, establishing partnerships with local distributors, and expanding marketing efforts to leverage the legal protection of the "GOHOMEWAY" trademark for growth in North America.

In light of Tantech Holdings Ltd. TANH's trademark registration, what are the expected impacts on sales and distribution channels related to Gohomeway Group Inc.'s operations in the United States?

The trademark registration by Tantech Holdings Ltd. may enhance its brand recognition and protect its market position, potentially leading to increased sales and possibly limiting Gohomeway Group Inc.'s distribution channels in the U.S. due to legal constraints.

Can Tantech Holdings Ltd. TANH provide insights on any challenges or risks they anticipate as they integrate the "GOHOMEWAY" brand into their existing operational network within the competitive industry landscape?

Tantech Holdings Ltd. (TANH) may face challenges such as market competition, brand integration cohesion, operational disruptions, and consumer acceptance as they incorporate the "GOHOMEWAY" brand into their existing network in a rapidly evolving industry landscape.

**MWN-AI FAQ is based on asking OpenAI questions about Tantech Holdings Ltd. (NASDAQ: TANH).

Tantech Holdings Ltd.

NASDAQ: TANH

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