Planet Green completes acquisition of 30% stake in Xianning Xiangtian Energy for 12M shares

Planet Green Holdings Corp.

Acquired 30% equity interest in Xianning Xiangtian Energy Holdings Group Co., Ltd., which holds LNG production facilities.
Issued 12,000,000 shares of common stock to the sellers on July 20, 2022 closing date.
Entered Consultation and Service Agreement with Hubei Bulaisi Technology Co., Ltd., providing exclusivity and a fee of 30% of net profit (US GAAP).

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