Planet Green (NYSE: PLAG) exits Promising Prospect HK and Shandong unit

Rhea-AI Filing Summary

Planet Green Holdings Corp. has completed the disposal of a non-core subsidiary linked to its China supply chain business. On September 1, 2025, the company disposed of its 100% equity interest in Promising Prospect HK Limited for nominal consideration. The board had previously resolved on April 30, 2025 to discontinue the operations of Shandong Yunchu Supply Chain Co., Ltd., which is held through Promising Prospect HK and Jiayi Technologies (Xianning) Co., Ltd. The filing states that Promising Prospect HK does not own any other operating assets of the company, indicating a focused exit from this specific supply chain operation.

8-K Event Classification

Item 2.01 — Completion of Acquisition or Disposition of Assets

1 item

Item 2.01 Completion of Acquisition or Disposition of Assets Financial

The company completed a significant acquisition or sale of business assets.

Understanding 8-K Material Events →

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 205

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 1, 2025

PLANET GREEN HOLDINGS CORP.

(Exact name of registrant as specified in its charter)

Nevada		001-34449		87-0430320
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

130-30 31st Ave, Suite 512 Flushing, NY		11354
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code:(718) 799-0380

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.001 per share		PLAG		NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.01 Completion of Acquisition or Disposition of Assets.

As previously disclosed, in the best interests of the Company, the Board resolved on April 30, 2025, to discontinue the operations of Shandong Yunchu Supply Chain Co., Ltd. (“Shandong Yunchu”). Subsequently, on September 1, 2025, the Company disposed of its 100% equity interest in Promising Prospect HK Limited (“Promising HK”) for nominal consideration. Promising HK holds the 100% equity interest in Shandong Yunchu through Jiayi Technologies (Xianning) Co., Ltd. (“Jiayi”) and does not own any other operating assets of the Company.

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

Dated: September 4, 2025	PLANET GREEN HOLDINGS CORP.
	By:	/s/ Bin Zhou
	Name:	Bin Zhou
	Title:	Chief Executive Officer and Chairman

2

FAQ

What asset did Planet Green Holdings (PLAG) dispose of in this 8-K?

Planet Green disposed of its 100% equity interest in Promising Prospect HK Limited. This entity holds 100% of Shandong Yunchu Supply Chain Co., Ltd. through Jiayi Technologies (Xianning) Co., Ltd., and has no other operating assets of the company.

When did Planet Green (PLAG) complete the Promising Prospect HK disposal?

The company completed the disposal on September 1, 2025. This transaction followed an earlier board resolution on April 30, 2025, in which the board decided to discontinue the operations of Shandong Yunchu Supply Chain Co., Ltd.

Why is Shandong Yunchu mentioned in Planet Green’s (PLAG) 8-K filing?

Shandong Yunchu Supply Chain Co., Ltd. is the operating company held indirectly by Promising Prospect HK Limited. The board resolved on April 30, 2025, to discontinue Shandong Yunchu’s operations, and the disposal of Promising Prospect HK implements that decision.

What consideration did Planet Green (PLAG) receive for Promising Prospect HK?

Planet Green received nominal consideration for the disposal of its 100% equity interest in Promising Prospect HK Limited. The filing characterizes the payment this way, emphasizing that the transaction mainly reflects a strategic exit rather than a value-driven sale.

Does Promising Prospect HK hold other Planet Green (PLAG) operating assets?

The filing states that Promising Prospect HK Limited does not own any other operating assets of Planet Green. Its main role is holding the 100% equity interest in Shandong Yunchu through Jiayi Technologies (Xianning) Co., Ltd.

What did Planet Green’s board decide about Shandong Yunchu’s operations?

On April 30, 2025, the board resolved to discontinue the operations of Shandong Yunchu Supply Chain Co., Ltd.. The later disposal of Promising Prospect HK Limited on September 1, 2025, is a structural step to carry out that decision.