Planet Green (NYSE: PLAG) shareholders back all annual meeting proposals

Rhea-AI Filing Summary

Planet Green Holdings Corp. reported that stockholders approved all six proposals at its annual meeting held on August 29, 2025. They elected five directors—Bin Zhou, Lili Hu, Luojie Pu, King Fai Leung and Yang Cao—to serve until the next annual meeting or until successors are elected and qualified. Stockholders also ratified YCM CPA, INC. as independent auditor for the year ending December 31, 2025 and approved, on an advisory basis, the compensation of named executive officers.

Investors approved an amendment to the Articles of Incorporation to increase authorized common shares to 1,500,000,000 and authorized preferred shares to 100,000,000, both with par value $0.001 per share. They also approved the 2025 Equity Incentive Plan and authorized potential adjournment of the meeting to allow further proxy solicitation if needed.

Positive

• None.

Negative

• Authorized share increase and new equity plan allow significant future equity issuance, which could materially change ownership percentages if large amounts of stock or awards are later issued.

Insights

Corporate governance and equity capital analyst

All Planet Green proposals passed, enabling much higher share authorization and a new equity incentive plan.

Stockholders of Planet Green Holdings Corp. approved a full slate of governance and capital-related items at the August 29, 2025 annual meeting. Directors were re-elected, the advisory vote on executive pay passed, and YCM CPA, INC. was ratified as auditor for the year ending December 31, 2025, signaling broad support for current leadership and oversight structures based on the disclosed vote totals.

A key change is the amendment to the Articles of Incorporation increasing authorized common shares to 1,500,000,000 and authorized preferred shares to 100,000,000, both with par value $0.001 per share. Combined with approval of the 2025 Equity Incentive Plan, this gives the board substantial flexibility to issue additional equity or equity-based awards in the future, which could affect existing ownership percentages depending on how much of this capacity is ultimately used.

The adjournment proposal also passed, allowing the company to postpone and continue the meeting if additional proxy solicitation were ever required. Future company filings would typically detail any significant new share issuances or grants made under the increased authorizations and the 2025 plan.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

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): August 29, 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 31stAve, 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 5.07 Submission of Matters to a Vote of Security Holders.  

At the Annual Meeting of Stockholders (the “Annual Meeting”) of Planet Green Holdings Corp., which was held on August 29, 2025, each of the proposals described below was approved by the Company’s stockholders of record. The final results for the votes regarding each proposal are set forth in the following tables. Each of the proposals is described in detail in the Company’s Proxy Statement.

Proposal 1:

Approval of electing five directors to serve as members of the Board of Directors to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified:

		FOR				WITHHELD
Bin Zhou			4,596,116				819
Lili Hu			4,596,217				718
Luojie Pu			4,596,112				823
King Fai Leung			4,596,213				722
Yang Cao			4,596,112				823

Proposal 2:

Approval of ratifying the appointment of YCM CPA, INC. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025:

		For				Against				Abstain
Auditor Ratification Proposal			5,802,327				23,957				5,294

Proposal 3:

Approval on an advisory basis, a non-binding resolution of the compensation of our named executive officers as disclosed in the Proxy Statement.:

		For				Against				Abstain
Say-on-Pay Proposal			4,595,440				1,335				160

Proposal 4:

Approval and adoption of a proposal for amendment to the Company’s Articles of Incorporation to increase the total number of common shares which the Company has authority to issue to 1,500,000,000 shares, par value $0.001 per share as well as to increase the total number of preferred shares which the Company has authority to issue to 100,000,000 shares, par value $0.001 per share, each class of shares to be issued from time to time with such rights, preferences and priorities as the Board of Directors shall designate;:

		For				Against				Abstain
Authorized Shares Increase Proposal			4,595,440				1,422				73

Proposal 5:

Approval of the 2025 Equity Incentive Plan, a copy of which is attached to the accompanying proxy statement as Annex A:

		For				Against				Abstain
Incentive Plan Proposal			4,595,462				1,311				162

Proposal 6:

Approval of an adjournment of the Annual Meeting to a later date or dates to permit further solicitation of proxies.:

		For				Against				Abstain
Adjournment Proposal			5,797,516				28,768				5,294

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 2, 2025	PLANET GREEN HOLDINGS CORP.
	By:	/s/ Bin Zhou
	Name:	Bin Zhou
	Title:	Chief Executive Officer and Chairman

2

FAQ

What did Planet Green Holdings Corp. (PLAG) stockholders approve at the 2025 annual meeting?

Stockholders of Planet Green Holdings Corp. approved all six proposals, including electing five directors, ratifying the auditor, an advisory say-on-pay resolution, a large increase in authorized share capital, the 2025 Equity Incentive Plan, and an adjournment proposal.

How many directors did Planet Green (PLAG) elect and who are they?

Stockholders elected five directors to the Board: Bin Zhou, Lili Hu, Luojie Pu, King Fai Leung, and Yang Cao, each to serve until the next annual meeting or until a successor is elected and qualified.

Which auditor did PLAG stockholders ratify for the year ending December 31, 2025?

Stockholders ratified YCM CPA, INC. as Planet Green’s independent registered public accounting firm for the fiscal year ending December 31, 2025, with 5,802,327 votes for, 23,957 against, and 5,294 abstentions.

What changes to authorized share capital did Planet Green (PLAG) approve?

Stockholders approved an amendment to increase authorized common shares to 1,500,000,000 and authorized preferred shares to 100,000,000, each with par value $0.001 per share, giving the board greater capacity to issue additional stock and preferred securities.

Did Planet Green (PLAG) adopt a new equity incentive plan?

Yes. Stockholders approved the 2025 Equity Incentive Plan, as described in the proxy statement, with 4,595,462 votes for, 1,311 against, and 162 abstentions.

What was the outcome of the say-on-pay advisory vote for PLAG?

The advisory say-on-pay proposal on compensation of named executive officers was approved, receiving 4,595,440 votes for, 1,335 against, and 160 abstentions.

What is the PLAG adjournment proposal and was it approved?

The adjournment proposal authorizing potential adjournment of the annual meeting to permit further proxy solicitation was approved with 5,797,516 votes for, 28,768 against, and 5,294 abstentions.