Company: RETO
Filing Date: 2025-07-31
Form Type: F-3
Source: 0001213900-25-070052
Chunk: 6

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-07-31
Form: F-3
Chunk 6
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 overseas and foreign investment in China-based
issuers or any failure of us to fully comply with new regulatory requirements may significantly limit or completely hinder our ability
to offer or continue to offer our securities, cause significant disruption to our business operations, and severely damage our reputation,
which would materially and adversely affect our financial condition and results of operations and cause our securities to significantly
decline in value or become worthless. The statements and regulatory actions by the PRC government regarding oversight of securities market,
overseas offerings and listing of China-based companies, cybersecurity reviews, and anti-monopoly enforcement are official guidance and
related implementation rules have not been issued. Thus, it is highly uncertain what potential impact such modified or new laws and regulations
will have on our daily business operations or our ability to accept foreign investments and list on a U.S. or other foreign exchange.
The Standing Committee of the National People’s Congress (the “SCNPC”) or other PRC regulatory authorities may in the
future promulgate laws, regulations or implementing rules that require our company or any of our subsidiaries to obtain regulatory approval
from Chinese authorities before offering securities in the U.S. Any future Chinese, U.S., British Virgin Islands or other laws, rules
and regulations that place restrictions on capital raising or other activities by companies with extensive operations in China could adversely
affect our business and results of operations. See “Item 3. Key Information — D. Risk Factors — Risks Related to Doing Business in China” in our Annual Report on Form 20-F for the year ended December 31, 2024 (the “2024 Annual Report”),
which is incorporated by reference into this prospectus, for a detailed description of various risks related to doing business in China
and other information that should be considered before making a decision to purchase any of our securities.

The Holding Foreign Companies
Accountable Act (the “HFCAA”) was enacted on December 18, 2020. According to the HFCAA, if the Securities and Exchange Commission
(the “SEC”) determines that we have filed audit reports issued by a registered public accounting firm that has not been subject
to inspection by the PCAOB for three consecutive years, the SEC shall prohibit our Class A Shares from being traded on a national securities
exchange or in the over the counter trading market in the U.S.

On
December 2, 2021, the SEC adopted final amendments to its rules implementing the HFCAA. Such final rules establish procedures that the
SEC will follow in (