瑞图生态(RETO)
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ReTo Eco-Solutions, Inc. to Hold Its Annual Meeting of Shareholders at Its Headquarters on August 5, 2024 Beijing Time
Prnewswire· 2024-06-20 04:30
BEIJING, June 19, 2024 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company"), a provider of technology solutions and operation services for intelligent ecological environments and Internet of Things technology development services in China and other countries, today announced that it plans to hold its 2024 Annual Meeting of Shareholders (the "Meeting") on August 5, 2024 (Beijing Time). Shareholders as of the record date, close of business on June 20, 2024, will be entitled to vot ...
ReTo Announces Filing of Annual Report on Form 20-F
prnewswire.com· 2024-05-16 08:00
BEIJING, May 15, 2024 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company"), a provider of technology solutions and operation services for intelligent ecological environments and Internet of Things technology development services in China and other countries, today announced the filing of its annual report on Form 20-F, containing audited consolidated financial statements for the fiscal year ended December 31, 2023, with the Securities and Exchange Commission on May 15, 2024. A c ...
ReTo(RETO) - 2023 Q4 - Annual Report
2024-05-16 05:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common shares, $0.1 par value per share RETO The Nasdaq Stock Market LLC None (Title of Class) FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 OR ☐ TRANSITION REPORT P ...
ReTo(RETO) - 2023 Q4 - Annual Report
2024-05-16 04:53
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of May 2024 Commission file number: 001-38307 RETO ECO-SOLUTIONS, INC. (Registrant's name) c/o Beijing REIT Technology Development Co., Ltd. X-702, 60 Anli Road, Chaoyang District, Beijing People's Republic of China 100101 (Address of principal executive office) Indicate by check mark whether the registrant ...
ReTo Regained Compliance with Nasdaq's Minimum Bid Price Requirement and Received Extension on Compliance with Nasdaq's Minimum Stockholders' Equity Rule
Prnewswire· 2024-03-21 04:30
BEIJING, March 20, 2024 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company"), a provider of technology solutions and operation services for intelligent ecological environments and Internet of Things technology development services in China and other countries, today announced that on March 15, 2024, it received a notification letter from The Nasdaq Stock Market LLC ("Nasdaq") confirming the Company has regained compliance with Nasdaq's minimum bid price requirement under Nasdaq ...
ReTo Eco-Solutions, Inc. Announces Share Combination
Prnewswire· 2024-02-28 05:30
BEIJING, Feb. 27, 2024 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company"), a provider of technology solutions and operation services for intelligent ecological environments and Internet of Things technology development services in China and other countries, today announced that on February 1, 2024, its board of directors approved a combination of its common shares on a ten-to-one basis (the "Share Combination"). The Company's common shares will begin trading on a post combinat ...
ReTo Presents at Big 5 Construct Saudi 2024
Prnewswire· 2024-02-27 14:00
BEIJING, Feb. 27, 2024 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company") today announced it is presenting at the Big 5 Construct Saudi 2024 (the "Saudi BIG5") to showcase its ecological solutions and equipment. Saudi BIG5 exhibition, scheduled from February 26 to February 29, 2024 at the Riyadh International Exhibition Center in Saudi Arabia, is an annual industry event attracting renowned machinery manufacturers around the world. During the exhibition, ReTo is located at boo ...
ReTo(RETO) - 2022 Q4 - Annual Report
2023-05-01 00:00
公司财务状况 - 2022年12月31日,公司在中国的银行账户中持有人民币现金672,792元和美元现金97,554美元[17] - 公司在2022年12月31日持有的现金总额为人民币672,792元和美元97,554美元,用于公司及其子公司的日常运营目的[17] - 公司在2022年12月31日持有的现金总额为人民币672,792元和美元97,554美元[17] - 2022年公司总收入为6,474万美元,同比增长80%;总成本为5,667万美元,同比增长76%;毛利润为807万美元,同比增长109%[205] - 2022年公司经营亏损为15,252万美元,同比增长27%[205] - 2021年公司总收入为3,600万美元,同比减少57%;毛利润为386万美元,同比减少81%;经营亏损为12,001万美元,同比增长83%[206] - 2021年公司经营亏损为12,001万美元,同比增长83%[206] - 2022年,公司总营收从360万美元增长至650万美元,增长80%[207] 中国市场风险 - 公司的中国子公司分红和其他分配可能受到未来更严格的审查[19] - 公司面临在中国经营所面临的风险和不确定性,包括中国经济、政治、社会状况或政府政策的变化,以及中美关系[26] - 公司可能需要获得CSRC、CAC或其他中国监管机构的批准,以符合中国法律要求,如果需要,公司可能无法获得批准或完成相关申报[23] - 公司在中国经营面临政治和经济政策变化的风险,可能会对业务、财务状况和运营结果产生重大不利影响,尤其是在中美关系方面的变化可能影响公司在中国的运营和市场股价[29] - 中国政府加强对海外上市公司的监管,要求加强数据安全和跨境数据流监管[33][34] - 中国政府对公司业务进行重大监管和干预,可能随时干预或影响公司的运营,可能导致公司运营发生重大不利变化[35][36] - 中国政府对资本外流实施限制,可能限制公司有效利用人民币收入[38][39] - 中国政府对离岸控股公司向中国实体提供贷款和直接投资的监管,可能延迟或阻止公司利用募集资金向中国子公司提供贷款或增资[40][41] - 中国政府可能限制公司在中国境内的银行账户中的现金流动,限制资金投入子公司业务,以及限制向美国投资者支付股息的能力[42][43] 业务风险 - 公司面临与业务和行业相关的风险和不确定性,包括客户所在行业的潜在放缓、原材料供应成本上升、供应链中断、中国工资增加等[27] - 公司可能面临供应链中断的风险[61] - 公司面临原材料成本上涨的挑战,主要是钢铁和某些电子零部件,由于COVID-19大流行导致供应不足或商品价格上涨[62] - 中国劳动力成本上涨可能影响公司的竞争优势和利润率[62] - 公司面临自然灾害、健康流行病等风险,如COVID-19大流行,可能严重干扰公司运营[63] - 公司的收入将会减少,如果客户所在行业出现持续放缓[64] - 原材料供应中断可能会对公司的生产和交付产品产生不利影响[65] - 公司依赖有限数量的供应商,任何重要供应商的损失都可能对业务造成重大不利影响[66] - 公司面临库存风险,如果无法正确估计适当的库存水平,可能会对业务、财务状况和经营结果产生重大不利影响[66] - 任何原材料供应链中断都可能对公司的产品生产和交付产生重大不利影响[67] - 公司未保留有关保修或产品瑕疵和安装索赔的准备金,如果出现大量索赔,成本可能会增加,对业务产生重大不利影响[68] - 公司面临应收账款收回风险,如果无法收回,可能会对业务产生重大不利影响[69] 法律合规风险 - 公司业务受到隐私和数据保护法律法规的复杂和不断发展的影响,需遵守中国的数据安全法、网络安全审查办法、个人信息保护法等法律法规,可能带来重大费用并对业务产生重大影响[30] - 公司需遵守中国的网络数据安全法规定,包括数据分类和多级保护制度,可能需要调整业务实践以符合新的监管要求[31] - 公司需遵守中国的个人信息保护法规定,包括对个人信息进行处理的相关义务,违规可能面临高额罚款和暂停相关活动等处罚[32] - 中国政府对公司的监管要求不断加强,可能对公司的合规成本和支出产生不利影响[94] - 公司可能会因为无法接受 PCAOB 审计而被从 HFCAA 下市[46] - 公司可能会被视为中国税务居民,需要缴纳全球收入的企业所得税[48] 技术和知识产权风险 - 公司拥有123项专利和25项软件版权[72] - 公司依赖专利、商标和商业秘密法律保护知识产权[73] - 未经授权使用专有技术难以监管,可能需要诉讼来维护专利权[74] - 公司可能面临知识产权侵权和其他第三方索赔,可能影响业务[75] - 信息技术系统遭受重大破坏或安全漏洞可能损害业务[77] 公司发展战略 - 公司的战略目标是成为领先的环保建材和设备提供商,同时扩大物联网解决方案的应用[151] - 公司计划在美国、东南亚和中东增加四到五家经销商,以扩大国际市场份额[153] - 公司