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ReTo Eco-Solutions Inc. Announces Results of Special Meeting of Shareholders

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ReTo Eco-Solutions, Inc. (NASDAQ: RETO) announced the results of its Special Meeting of Shareholders held on December 17, 2021, in Beijing. Shareholders approved the proposal from REIT Mingsheng Environmental Building Materials (Changjiang) Co., Ltd., which was submitted on December 8, 2021. ReTo focuses on technology solutions to improve ecological environments, offering environmentally-friendly construction materials and consulting services. The company aims to enhance clean water and soil availability globally, indicating its commitment to environmental sustainability.

Positive
  • Shareholders approved a key proposal from REIT Mingsheng Environmental Building Materials, potentially paving the way for strategic partnerships.
  • ReTo continues its commitment to ecological improvement through innovative technology solutions.
Negative
  • None.

BEIJING, Dec. 17, 2021 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (NASDAQ: RETO) ("ReTo" or the "Company") a provider of technology solutions for the improvement of ecological environments, today announced the results of the Company's Special Meeting of Shareholders held at its executive office X-702, Runfeng Deshang, No.60 Anli Road, Chaoyang District, Beijing, China at 1:00 p.m., Beijing Time, on Friday, December 17, 2021. At the Special Meeting of Shareholders, ReTo Eco-Solutions Inc.'s shareholders have approved and adopted the proposal of REIT Mingsheng Environmental Building Materials (Changjiang) Co., Ltd., which was submitted for shareholder approval on December 8, 2021.

About ReTo Eco-Solutions, Inc. (NASDAQ: RETO)

Founded in 1999, ReTo Eco-Solutions,Inc. (NASDAQ: RETO), through its proprietary technologies, systems and solutions, is striving to bring clean water and fertile soil to communities worldwide. The Company offers a full range of products and services, ranging from the production of environmentally-friendly construction materials, environmental protection equipment, and manufacturing equipment used to produce environmentally-friendly construction materials, to project consulting, design, and installation for the improvement of ecological environments, such as ecological soil restoration through solid waste treatment. For more information, please visit: http://en.retoeco.com

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate," or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Specifically, the Company's statements regarding: 1) the ability of additional features and customized configurations on its machinery and equipment products to attract new customers; 2) the ability of the growth of its business to resume in the near future; and 3) the further spread of COVID-19 or the occurrence of another wave of cases and the impact it may have on the Company's operations are forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the construction industry in China; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

ReTo Eco-Solutions, Inc.
Giorgio Zhao
Beijing Phone: +86-010-64827328
ir@retoeco.com or 310@reit.cc

 

Cision View original content:https://www.prnewswire.com/news-releases/reto-eco-solutions-inc-announces-results-of-special-meeting-of-shareholders-301447347.html

SOURCE ReTo Eco-Solutions, Inc.

FAQ

What proposal did ReTo Eco-Solutions, Inc. shareholders approve on December 17, 2021?

Shareholders approved the proposal from REIT Mingsheng Environmental Building Materials (Changjiang) Co., Ltd.

What is the focus of ReTo Eco-Solutions, Inc. as a company?

ReTo focuses on providing technology solutions for ecological improvement, including environmentally-friendly construction materials.

Where was the Special Meeting of Shareholders held for ReTo Eco-Solutions, Inc.?

The meeting was held at the company's executive office in Beijing, China.

What date was the REIT Mingsheng Environmental proposal submitted for approval?

The proposal was submitted for shareholder approval on December 8, 2021.

What stock symbol does ReTo Eco-Solutions, Inc. trade under?

ReTo Eco-Solutions, Inc. trades under the stock symbol RETO.

ReTo Eco-Solutions, Inc.

NASDAQ:RETO

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