Planet Green Holdings Corp. Expands Sales Channels Through Strategic Partnership in Inner Mongolia Market

Rhea-AI Summary

Planet Green Holdings Corp. (NYSE American: PLAG) announced a strategic partnership between its subsidiary Xianning Bozhuang Tea Products Co. and Inner Mongolia Lvtaiyuan Agricultural Products Co. to expand black tea distribution in the Inner Mongolia market. The partnership leverages Bozhuang's high-quality black tea production capabilities with Lvtaiyuan's established distribution network and market expertise in Inner Mongolia, a significant black tea consumer market. This collaboration aims to broaden Bozhuang's market reach and create new growth opportunities through Lvtaiyuan's extensive sales channels.

Positive

• Strategic partnership provides access to Inner Mongolia's significant black tea market
• Leverages Lvtaiyuan's established distribution network for market expansion
• Potential for increased sales through new market penetration

Negative

• None.

News Market Reaction

+3.39%

1 alert

+3.39% News Effect

On the day this news was published, PLAG gained 3.39%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, June 10, 2025 /PRNewswire/ -- Planet Green Holdings Corp. ("Planet Green", the "Company") (NYSE American: PLAG) announced that its subsidiary Xianning Bozhuang Tea Products Co., Ltd. ("Bozhuang") entered into a strategic partnership agreement with Inner Mongolia Lvtaiyuan Agricultural Products Co., Ltd. ("Lvtaiyuan") to expand its sales channels and reach new markets. Through this collaboration, Bozhuang will supply its high-quality black tea products to Lvtaiyuan's extensive and established sales network, creating new opportunities to deliver its premium offerings to a broader audience.

As one of Bozhuang's flagship products, black tea holds tremendous potential in Inner Mongolia, which is a major consumer market for black tea. Lvtaiyuan, a leading distributor of black tea in the region, brings unparalleled access to this market. By combining Bozhuang's expertise in production with Lvtaiyuan's deep market knowledge and distribution strength, this partnership is poised to unlock significant opportunities for growth and mutual success.

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that indicate future events or trends or are not statements of historical matters. These statements are based on our management's current expectations and beliefs, as well as a number of assumptions concerning future events.

Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of our control and all of which could cause actual results to differ materially from the results discussed in the forward-looking statements. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in our reports filed with the Securities and Exchange Commission, which are available, free of charge, on the SEC's website at www.sec.gov.

For more information please contact: Ms. Lili Hu Chief Financial Officer Phone: 718 799 0380 Email: hulili@planetgreenholdings.com

View original content:https://www.prnewswire.com/news-releases/planet-green-holdings-corp-expands-sales-channels-through-strategic-partnership-in-inner-mongolia-market-302477620.html

SOURCE Planet Green Holdings Corp.

FAQ

What is the strategic partnership announced by Planet Green Holdings (PLAG)?

Planet Green's subsidiary Xianning Bozhuang Tea Products Co. partnered with Inner Mongolia Lvtaiyuan Agricultural Products Co. to distribute black tea products through Lvtaiyuan's sales network in Inner Mongolia.

How will the partnership benefit Planet Green Holdings (PLAG)?

The partnership will expand PLAG's sales channels, provide access to Inner Mongolia's significant black tea market, and leverage Lvtaiyuan's established distribution network for broader market reach.

Who is Planet Green Holdings' (PLAG) new distribution partner in Inner Mongolia?

Inner Mongolia Lvtaiyuan Agricultural Products Co., a leading distributor of black tea in the region.

What products will PLAG distribute through the new partnership?

The company will distribute its high-quality black tea products through Lvtaiyuan's sales network in Inner Mongolia.