Company: RETO
Filing Date: 2025-07-31
Form Type: F-3
Source: 0001213900-25-070052
Chunk: 49

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-07-31
Form: F-3
Chunk 49
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 the shares. We have advised the Selling
Shareholder that the anti-manipulation rules of Regulation M under the Exchange Act may apply.

In offering the shares covered
by this prospectus, the Selling Shareholder, and any broker-dealers and any other participating broker-dealers who execute sales for the
Selling Shareholder, may be deemed to be “underwriters” within the meaning of the Securities Act in connection with these
sales. Any profits realized by the Selling Shareholder and the compensation of such broker-dealers may be deemed to be underwriting discounts
and commissions. We are not aware that the Selling Shareholder has entered into any arrangements with any underwriters or broker-dealers
regarding the sale of its Class A Shares.

<div align='center'>22

LEGAL MATTERS</div>

We are being represented by
Ellenoff Grossman & Schole LLP, New York, New York, with respect to certain legal matters of U.S. federal securities and New York
State law. The validity of the Class A Shares and certain other matters of BVI law will be passed upon for us by Mourant Ozannes, a BVI
partnership. Certain legal matters as to PRC law will be passed upon for us by Yuan Tai Law Offices.

<div align='center'>EXPERTS</div>

The audited financial statements
of the Company as of and for the years ended December 31, 2024 and 2023 incorporated by reference in this prospectus and elsewhere in
the registration statement have been so incorporated by reference in reliance upon the report of YCM CPA INC., an independent registered
public accounting firm, given the authority of said firm as experts in auditing and accounting, upon the authority and consent of said
firm as experts in accounting and auditing.

The audited consolidated financial statements of MeinMalzeBier Holdings Limited as of and for the years ended December 31, 2024 and 2023
incorporated by reference in this prospectus and elsewhere in the registration statement have been so incorporated by reference in reliance
upon the report of Wei, Wei & Co., LLP, an independent registered public accounting firm, given the authority of said firm as experts
in auditing and accounting, upon the authority and consent of said firm as experts in accounting and auditing.

The registered business address of YCM CPA INC. is 4482 Barranca Pkwy, Ste 239, Irvine, California 92604. The registered business address
of Wei, Wei & Co