secwatch.observer — SEC 8-K summary
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Issuer:     Planet Green Holdings Corp. (PLAG)
CIK:        0001117057
Form:       8-K
Filed at:   2023-06-27T23:59:59+00:00
Accession:  0001213900-23-052095
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Planet Green sells its 40% stake in Xianning Xiangtian Energy for RMB 20M
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1117057/000121390023052095/0001213900-23-052095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1117057/000121390023052095/ea180989-8k_planetgreen.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-052095

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