TANAFOTCMotors & GeneratorsUS GAAP · USD

Tian'an Technology Group Ltd

Tian'an Technology Group Ltd is a holding company whose operating activities are carried out through subsidiaries in Hong Kong and mainland China. Its business centers on healthcare-related products and services, including graphene-based far-infrared heat therapy products, healthcare product sales, and healthcare service development in China.

Revenue0.7m USD
−58.8 %y/y
Operating profit (EBIT)-0.1m USD
−119.3 %y/y
EBIT margin-12.0%
−37.5 ppy/y
Net income-0.1m USD
−119.8 %y/y

Fiscal year 2025 · change from previous year

Development 2021–2025

-0.50.00.51.01.52.0m USD2021: 0.04 m USD2021: EBIT -0.12 m USD20212022: 0.20 m USD2022: EBIT -0.28 m USD20222023: 0.25 m USD2023: EBIT -0.25 m USD20232024: 1.8 m USD2024: EBIT 0.46 m USD20242025: 0.73 m USD2025: EBIT -0.09 m USD20250.73-0.09
RevenueOperating profit (EBIT)

Business

Share of revenue
Graphene health therapy products35 %

Graphene-enabled products that use far-infrared heat therapy properties.

Healthcare product sales30 %

Sale of healthcare-related products through operating subsidiaries.

Healthcare services20 %

Healthcare service offerings provided through the Henan subsidiary.

Healthcare technology and software10 %

AI software development and related digital healthcare capabilities.

Online medicine distribution platform5 %

Planned digital platform for medication delivery to customers.

Customers

The company serves customers in the healthcare and wellness market, with initial marketing efforts focused on Eastern China. Its products and services are aimed at buyers seeking graphene-based therapy products, healthcare goods, and access to healthcare services. The planned medicine distribution platform also points to end users needing more convenient medication delivery.

Health and wellness consumers

Buy graphene-based far-infrared therapy products for personal wellness use.

Healthcare product buyers

Purchase healthcare-related products sold through Shanghai Qige and Tian'an HK.

Healthcare service users

Use healthcare services offered through Henan Qige in China.

Digital pharmacy users

Use the planned online medicine distribution channel for medication delivery.

Strategy

The company is building a healthcare-focused business around graphene therapy products, healthcare services, and related digital distribution capabilities. Its stated priorities include expanding from Eastern China toward a broader national marketing footprint and adding adjacent healthcare service and software offerings to deepen its market reach.

Expand healthcare and graphene product portfolioShort term

It broadens the company's addressable market beyond a single product concept.

Build healthcare services capabilityMedium term

Services can create recurring customer relationships and diversify the business mix.

Develop digital distribution channelsMedium term

An online medicine platform can support broader customer access and convenience.

Expand from regional to national marketingMedium term

A wider sales network is needed to scale beyond the Eastern China launch area.

Geography

The company is organized across the British Virgin Islands, Hong Kong, and mainland China, but its operating business is primarily conducted in the PRC. Management has said initial marketing is concentrated in Eastern China, with plans to build a nationwide network over time. This makes mainland China the core commercial market and also the main source of regulatory and operating exposure.

Risks

The business is exposed to China operating, regulatory, and currency-related risks because substantially all operations are conducted in the PRC. It also faces execution risk as it moves from product sales into healthcare services, AI software, and online distribution, which require different capabilities, compliance standards, and customer adoption.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →PRC regulatory and policy risk1Execution risk in new healthcare initiatives2Foreign exchange and remittance restrictions3Customer demand and market acceptance risk4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. PRC regulatory and policy riskImpact: HighLikelihood: High

    Operations are primarily conducted in China, so changes in laws or policy can directly affect sales and services.

    Exposure: Healthcare products and healthcare services in the PRC

  2. Execution risk in new healthcare initiativesImpact: HighLikelihood: Medium

    The company is extending from product sales into healthcare services, AI software, and online pharmacy distribution.

    Exposure: Henan Qige services and planned distribution platform

  3. Foreign exchange and remittance restrictionsImpact: MediumLikelihood: Medium

    The company reports in USD but operates principally in RMB and HKD, creating translation and transfer risk.

    Exposure: RMB/HKD operating cash flows and intercompany funding

  4. Customer demand and market acceptance riskImpact: MediumLikelihood: Medium

    Graphene therapy products and related health offerings depend on customer adoption and perceived efficacy.

    Exposure: Graphene far-infrared heat therapy products

Accounting

Judgemental items
Foreign currency translation

Operating currencies are principally RMB and HKD while reporting is in USD.

Impact: Can move reported assets, liabilities, and results without cash change.

Related-party balances

Due to related parties is a significant balance in the financial statements.

Impact: Affects liquidity analysis and must be understood in consolidation context.

Revenue recognition across business lines

The company has product sales, healthcare services, and planned online distribution.

Impact: Timing and classification of revenue may differ by activity.

Cash and restricted cash classification

The balance sheet includes both cash and restricted cash.

Impact: Affects liquidity interpretation and available working capital.

Publicly listed companies with a comparable business focus.

Last updated: 28/09/2026