Company: RETO
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001213900-25-041195
Chunk: 22

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-05-09
Form: 20-F
Item: Item 7
Chunk 22
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 securities law; and to impose liabilities against us, in original actions brought in the British Virgin Islands, based
on certain liability provisions of U. S. securities laws that are penal in nature. There is no statutory recognition in the British Virgin
Islands of judgments obtained in the United States, although the courts of the British Virgin Islands will generally recognize and enforce
the non-penal monetary judgment of a foreign court of competent jurisdiction without retrial on the merits.

The laws of the British Virgin Islands provide
little protection for minority shareholders, so minority shareholders will have little or no recourse if the shareholders are dissatisfied
with the conduct of our affairs

Under the law of the British
Virgin Islands, there is little statutory law for the protection of minority shareholders other than the provisions of the BVI Act dealing
with shareholder remedies. The principal protection under statutory law is that shareholders may bring an action to enforce the constituent
documents of the corporation, in our case, our M& A. Shareholders are entitled to have the affairs of the Company conducted in accordance
with the general law and the Memorandum and Articles.

We are a “foreign private issuer,”
and our disclosure obligations differ from those of U. S. domestic reporting companies. As a result, we may not provide you the same information
as U. S. domestic reporting companies or we may provide information at different times, which may make it more difficult for you to evaluate
our performance and prospects.

We are a foreign private issuer
and, as a result, we are not subject to the same requirements as U. S. domestic issuers. Under the Exchange Act, we are subject to reporting
obligations that, to some extent, are more lenient and less frequent than those of U. S. domestic reporting companies. For example, we
are not required to issue quarterly reports or proxy statements and we do not intend to file quarterly reports. We are not required to
disclose detailed individual executive compensation information and we do not intend to disclose detailed executive compensation information.
Furthermore, our directors and executive officers are not required to report equity holdings under Section 16 of the Exchange Act and
are not subject to the insider short-swing profit disclosure and recovery regime and we do not intend to file Section 16 reports for officers
and directors.

As a foreign private issuer,
we are also exempt from the requirements of Regulation FD (Fair Disclosure) which, generally, are meant to ensure that select groups of
investors are not privy to specific information about