Item 2.01 Completion of Acquisition or Disposition of Assets.
As previously reported, on July 15, 2022, Planet Green Holdings Corp. (the
"Company") entered into a Share Exchange Agreement (the "Share Exchange
Agreement") with Xianning Xiangtian Energy Holdings Group Co., Ltd. ("Target"),
and the shareholder of the Target ( the "Seller"), pursuant to which, among
other things and subject to the terms and conditions contained therein, the
Company agreed to effect an acquisition of the Target by acquiring from the
Seller 30% of the equity interest of the Target (the "Acquisition"). The Target
is a company that holds LNG production facilities through its subsidiary, and
owns other assets.
On July 20, 2022, the Parties completed the transaction. Upon the closing of the
transaction, the Company acquired 30% equity interest of the Target and the
Company issued 12,000,000 shares of common stock to the Sellers.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
10.1 Consultation and Service Agreement
10.2 Business Cooperation Agreement
10.3 Equity Pledge Agreement
10.4 Equity Option Agreement
10.5 Voting Rights Proxy and Financial Supporting Agreement
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