{"url_path":"/sec/plag/8-k/2026-06-17/item-2-01","section_key":"item-2-01","section_title":"Item 2.01 Completion of Acquisition or Disposition of Assets.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-17","source_url":"https://www.sec.gov/Archives/edgar/data/1117057/0001213900-26-069626-index.html","accession_number":"0001213900-26-069626","cik":"0001117057","ticker":"PLAG","issuer_name":"Planet Green Holdings Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1117057/0001213900-26-069626-index.html","primary_entity_key":"0001117057","primary_entity_name":"Planet Green Holdings Corp."},"word_count":321,"has_tables":true,"body_markdown":"** **\n\n****\n\n \n\n** **\n\n \n\n \n\n**Item 2.01 Completion of Acquisition or Disposition of Assets.**\n\n \n\nOn June 15, 2026, Planet Green Holdings Corp. (the “Company”) completed the disposition of its 100% equity interest\nin Bless Chemical Co., Ltd. HK (“Bless HK”), the indirect owner of Jingshan Sanhe Luckysky New Energy Technologies Co., Ltd.\n(“Jingshan”), to Hongzhang Liang for nominal consideration (the “Disposition”). Mr. Liang is not affiliated with\nthe Company and has no material relationship with the Company or any of its directors or executive officers.\n\n \n\nThe Board of Directors (the “Board”) of the Company determined that it was in the best interests of the Company and its stockholders\nto discontinue the operations of Jingshan, an indirect wholly owned subsidiary of the Company and dispose of its equity interest in Bless\nHK. In approving the Disposition, the Board considered various factors, including Jingshan’s financial condition, existing liabilities\nand obligations, operating status, anticipated future funding requirements, and the Company’s strategic objective of focusing its\nresources and management attention on its core consumer products and digital advertising businesses. The Board determined that the discontinuation\nof Jingshan’s operations and the disposition of Bless HK would streamline the Company’s operations, reduce future funding\ncommitments and potential liabilities associated with Jingshan, and better align the Company’s business activities with its long-term\nstrategic objectives. Accordingly, the Board concluded that the Disposition was in the best interests of the Company and its stockholders.\nPrior to the Disposition, Jingshan had ceased active operations and was not generating revenue.\n\n \n\nBless HK indirectly held 100%\nof the equity interests in Jingshan through Hubei Bulaisi Technology Co., Ltd. and did not own any other operating assets of the Company.\nAs a result of the Disposition, the Company no longer owns or controls Bless HK or Jingshan, and the assets, liabilities, and results\nof operations of Bless HK and Jingshan will no longer be consolidated in the Company’s consolidated financial statements from and\nafter the closing of the Disposition."}