Planet Green Holdings Corp. (PLAG): M&A transaction — Planet Green disposes of non-core Bless Chemical for nominal consideration

Planet Green Holdings Corp.

Sold 100% equity interest in Bless Chemical (indirect owner of Jingshan Sanhe Luckysky) to Hongzhang Liang for nominal consideration.
Jingshan had ceased active operations and generated no revenue prior to the disposition.
Company to focus resources on core consumer products and digital advertising businesses.
Pro forma balance sheet as of Mar 31, 2026 shows total assets reduced from $16.9M to $10.7M.
Pro forma Q1 2026 net income attributable to shareholders increased from $311,926 to $353,281.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.95

Planet Green Holdings Corp. completed a disposition involving Hongzhang Liang for nominal consideration (closed 2026-06-15).

Action: disposition
Counterparty: Hongzhang Liang
Consideration: nominal consideration
Closing: 2026-06-15

Exact text from the filing

On June 15, 2026, Planet Green Holdings Corp. (the “Company”) completed the disposition of its 100% equity interest in Bless Chemical Co., Ltd. HK (“Bless HK”), the indirect owner of Jingshan Sanhe Luckysky New Energy Technologies Co., Ltd. (“Jingshan”), to Hongzhang Liang for nominal consideration (the “Disposition”).

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Source: SEC EDGAR

accession 0001213900-26-069626

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