---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-052095"
form_type: "8-K"
ticker: "PLAG"
cik: "0001117057"
company_name: "Planet Green Holdings Corp."
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T15:59:34.846597+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Planet Green sells its 40% stake in Xianning Xiangtian Energy for RMB 20M

## Summary
- Sold 40% equity interest in Xianning Xiangtian Energy Holding Group to Bochuang (Hubei) New Energy for RMB 20,000,000.
- Transaction closed on June 27, 2023, the same day the Securities Purchase Agreement was signed.
- Concurrently terminated all VIE control agreements with Xianning Xiangtian and its shareholders.
- The sale represents the entirety of Planet Green's ownership in the subsidiary (40% equity).

## SEC filing metadata
- accession: 0001213900-23-052095
- form_type: 8-K
- ticker: PLAG
- cik: 0001117057
- company_name: Planet Green Holdings Corp.
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1117057/000121390023052095/0001213900-23-052095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1117057/000121390023052095/ea180989-8k_planetgreen.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-052095
- JSON: https://secwatch.observer/filing/0001213900-23-052095.json
- Plain text: https://secwatch.observer/filing/0001213900-23-052095.txt

## Key facts
- M&A Transactions
  Planet Green Holdings Corp. completed a disposition involving Bochuang (Hubei) New Energy Co., Ltd. for RMB 20,000,000 (closed 2023-06-27).
  - Action: disposition
  - Counterparty: Bochuang (Hubei) New Energy Co., Ltd.
  - Consideration: RMB 20,000,000
  - Closing: 2023-06-27
  source text: of the outstanding equity interests of Xianning Xiangtian Energy Holding Group Co., Ltd. (“Xianning Xiangtian”), and the Purchaser shall pay to the Company an aggregate of RMB 20,000,000 in exchange for 40% of the issued and outstanding shares of Xianning Xiangtian. Before the closing of this securities purchase transaction, the Company owns 40% equity interest of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1117057/000121390023052095/0001213900-23-052095-index.htm
- Material Agreements
  Planet Green Holdings Corp. entered into Securities Purchase Agreement with Bochuang (Hubei) New Energy Co., Ltd. valued at RMB 20,000,000 (effective 2023-06-27).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Bochuang (Hubei) New Energy Co., Ltd.
  - Value: RMB 20,000,000
  - Effective: 2023-06-27
  source text: On June 27, 2023, Planet Green Holdings Corp. (the “Company”) entered into a Securities Purchase Agreement with Bochuang (Hubei) New Energy Co., Ltd., a limited liability company registered in the People’s Republic of China (the “ Purchaser ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1117057/000121390023052095/0001213900-23-052095-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.