Planet Green Holdings Corp.

Planet Green Holdings Corp. announced that its wholly owned subsidiary, Shanghai Shuning Advertising Co., Ltd., has entered into a comprehensive Integrated Network Promotion Services Contract with iFLYTEK Co., Ltd., a prominent AI and speech technology company. Under the agreement, which extends through December 2026, Shanghai Shuning will act as iFLYTEK's primary digital marketing agency in China, providing a full suite of services including market analysis, campaign production, and strategic ad placement. This partnership is expected to significantly boost Planet Green's revenue in the digital marketing sector and enhance its reputation for handling top-tier technology clients.

Planet Green Holdings Corp. entered into an At-The-Market (ATM) Sales Agreement with Curvature Securities, LLC to offer and sell shares of its common stock. The company is eligible to sell up to approximately $8.92 million in shares, representing one-third of its public float, under the terms of the agreement and Form S-3 regulations. Sales will be made from time to time on the NYSE American LLC, with the agent receiving a 3.0% commission on gross proceeds.

Planet Green Holdings Corp. has completed the disposition of its 100% equity interest in Bless Chemical Co., Ltd. HK, the indirect owner of Jingshan Sanhe Luckysky New Energy Technologies Co., Ltd., for nominal consideration. This strategic move allows the company to focus on its core consumer products and digital advertising businesses, reduce future funding commitments, and streamline operations. The filing includes unaudited pro forma financial information reflecting the impact of this disposition on the company's balance sheet and statements of operations for recent periods.

Planet Green Holdings Corp. announced a change in its Chief Financial Officer and Board of Directors. Ms. Lili Hu resigned from both positions, effective immediately, citing personal reasons and no disagreements with the company. Concurrently, the Board appointed Ms. Wei Li as the new Chief Financial Officer and a member of the Board, effective immediately. Ms. Li brings over 10 years of experience in financial management, accounting, and auditing, including previous roles as an audit manager and CFO of a former company subsidiary.

Planet Green Holdings Corp. reported a net income of $502,855 for the first quarter of 2026, a significant turnaround from a net loss of $796,902 in the prior year. Revenues dramatically increased to $6,357,593 from $840,333. Despite these improvements, the company continues to face substantial doubt about its ability to continue as a going concern due to an accumulated deficit of $174.7 million and a working capital deficit of $4.9 million as of March 31, 2026.

Planet Green Holdings Corp. announced that the audit report for its Annual Report on Form 10-K for the fiscal year ended December 31, 2025, included a going concern qualification. The independent registered public accounting firm expressed substantial doubt about the Company's ability to continue as a going concern. This disclosure was made to comply with Sections 401(h) and 610(b) of the NYSE American Company Guide.