---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-107874"
form_type: "8-K"
ticker: "PLAG"
cik: "0001117057"
company_name: "Planet Green Holdings Corp."
filed_at: "2024-12-11T23:59:59+00:00"
generated_at: "2026-05-29T04:36:42.379227+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Planet Green terminates VIE agreements, deconsolidates Jilin Chuangyuan Chemical

## Summary
- Subsidiary Jiayi Technologies terminated all VIE agreements with Jilin Chuangyuan Chemical effective December 11, 2024.
- Terminated agreements include Business Cooperation, Consultation Service, Equity Option, Equity Pledge, and Proxy agreements originally signed November 30, 2021.
- Company will no longer consolidate Jilin Chuangyuan's financial statements for accounting purposes.
- Parties irrevocably released each other from any claims related to the VIE agreements.

## SEC filing metadata
- accession: 0001213900-24-107874
- form_type: 8-K
- ticker: PLAG
- cik: 0001117057
- company_name: Planet Green Holdings Corp.
- filed_at: 2024-12-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1117057/000121390024107874/0001213900-24-107874-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1117057/000121390024107874/ea0224419-8k_planet.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-107874
- JSON: https://secwatch.observer/filing/0001213900-24-107874.json
- Plain text: https://secwatch.observer/filing/0001213900-24-107874.txt

## Key facts
- M&A Transactions
  Planet Green Holdings Corp. completed a disposition involving Xiaodong Cai, Yongshen Chen, Jilin Chuangyuan Chemical Co., Ltd. (closed 2024-12-11).
  - Action: disposition
  - Counterparty: Xiaodong Cai, Yongshen Chen, Jilin Chuangyuan Chemical Co., Ltd.
  - Closing: 2024-12-11
  source text: the Company no longer consolidates Jilin Chuangyuan’s financial statements into the financial statements of the Company for accounting purpose. The transaction was completed on December 11, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1117057/000121390024107874/0001213900-24-107874-index.htm

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