Company: RETO
Filing Date: 2025-07-31
Form Type: F-3
Source: 0001213900-25-070052
Chunk: 48

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-07-31
Form: F-3
Chunk 48
---
center'>21</div>

The Selling Shareholder may
also sell its shares pursuant to Rule 144 under the Securities Act, provided the Selling Shareholder meets the criteria and conforms to
the requirements of such rule, the M&A and the Act.

The Selling Shareholder may
effect such transactions directly or indirectly through underwriters, broker-dealers or agents acting on its behalf. Broker-dealers or
agents may receive commissions, discounts or concessions from the Selling Shareholder, in amounts to be negotiated immediately prior to
the sale (which compensation as to a particular broker-dealer might be in excess of customary commissions for routine market transactions).
If the Class A Shares are sold through underwriters or broker-dealers, the Selling Shareholder will be responsible for underwriting discounts
or commissions or agent’s commissions. Neither we, nor the Selling Shareholder, can presently estimate the amount of that compensation.
If a Selling Shareholder notifies us that a material arrangement has been entered into with a broker- dealer for the sale of shares through
a block trade, special offering, exchange, distribution or secondary distribution or a purchase by a broker or dealer, we will file a
prospectus supplement, if required by Rule 424 under the Securities Act, setting forth: (i) the name of the Selling Shareholder and the
participating broker-dealers; (ii) the number of shares involved; (iii) the price at which the shares were sold; (iv) the commissions
paid or discounts or concessions allowed to the broker-dealers, where applicable; (v) a statement to the effect that the broker-dealers
did not conduct any investigation to verify the information set out or incorporated by reference in this prospectus; and any other fact
material to the transaction.

The Selling Shareholder and
any other person participating in a distribution of the shares covered by this prospectus will be subject to applicable provisions of
the M&A, the Act and the Exchange Act, including, without limitation, Regulation M, which may limit the timing of purchases and sales
of any of the shares by the Selling Shareholder and any other such person. Furthermore, under Regulation M, any person engaged in the
distribution of the shares may not simultaneously engage in market-making activities with respect to the particular shares being distributed
for certain periods prior to the commencement of, or during, that distribution. All of the above may affect the marketability of the shares
and the ability of any person or entity to engage in market-making activities with respect to