Company: RETO
Filing Date: 2025-10-24
Form Type: 424B5
Source: 0001213900-25-102262
Chunk: 79

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-10-24
Form: 424B5
Chunk 79
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 2021 Annual Report. •The software and information technology service market in which we participate is competitive, and if we do not compete effectively, our business, results of operations and financial condition could be harmed. See “ Item 3. Key Information — D. Risk Factors — Risks Related to Our Newly Acquired Businesses and Related Industries — The software and information technology service market in which we participate is competitive, and if we do not compete effectively, our business, results of operations and financial condition could be harmed” in our 2021 Annual Report. 19 •Hainan Yile IoT receives a substantial portion of its revenues from a limited number of customers, and the loss of, or a significant reduction in usage by, one or more of its customers would result in lower revenues and could harm our business. See “ Item 3. Key Information — D. Risk Factors — Risks Related to Our Newly Acquired Businesses and Related Industries — Hainan Yile IoT receives a substantial portion of its revenues from a limited number of customers, and the loss of, or a significant reduction in usage by, one or more of its customers would result in lower revenues and could harm our business” in our 2021 Annual Report. •We operate in an emerging and evolving markets. If our market does not grow as we expect, or if we fail to adapt and respond effectively to rapidly changing technology, evolving industry standards, changing regulations, and changing customer needs, requirements or preferences, our products and solutions may become less competitive. See “ Item 3. Key Information — D. Risk Factors — Risks Related to Our Newly Acquired Businesses and Related Industries — We operate in an emerging and evolving markets. If our market does not grow as we expect, or if we fail to adapt and respond effectively to rapidly changing technology, evolving industry standards, changing regulations, and changing customer needs, requirements or preferences, our products and solutions may become less competitive” in our 2021 Annual Report. •Security incidents and attacks on our products or solutions could lead to significant costs and disruptions that could harm our business, financial results, and reputation. See “ Item 3. Key Information — D. Risk Factors — Risks Related to Our Newly Acquired Businesses and Related Industries — Security incidents and attacks on our products or solutions could lead to significant costs and disruptions that could harm our business, financial results, and reputation” in our 2021 Annual Report. •A significant portion of our revenues were derived from customers in the insurance industry. The intens