Company: RETO
Filing Date: 2025-07-31
Form Type: F-3
Source: 0001213900-25-070052
Chunk: 7

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-07-31
Form: F-3
Chunk 7
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i) determining whether a registrant is a “Commission-Identified Issuer” (a registrant identified by the
SEC as having filed an annual report with an audit report issued by a registered public accounting firm that is located in a foreign jurisdiction
and that the PCAOB is unable to inspect or investigate completely because of a position taken by an authority in that jurisdiction) and
(ii) prohibiting the trading of an issuer that is a Commission-Identified Issuer for three consecutive years under the HFCAA. The SEC
began identifying Commission-Identified Issuers for the fiscal years beginning after December 18, 2020. A Commission-Identified Issuer
is required to comply with the submission and disclosure requirements in the annual report for each year in which it was identified. If
a registrant is identified as a Commission-Identified Issuer based on its annual report for the fiscal year ended, for example, September
30, 2021, the registrant will be required to comply with the submission or disclosure requirements in its annual report filing covering
the fiscal year ended September 30, 2022.

Furthermore, on December 16,
2021, the Public Company Accounting Oversight Board (the “PCAOB”) issued its determination that the PCAOB is unable to inspect
or investigate completely PCAOB-registered public accounting firms headquartered in mainland China and in Hong Kong, because of positions
taken by PRC authorities in those jurisdictions, and the PCAOB included in the report of its determination a list of the accounting firms
that are headquartered in mainland China or Hong Kong. This list does not include our auditor, YCM CPA INC. Our auditor is based in the
U.S., registered with PCAOB and subject to laws in the United States pursuant to which the PCAOB conducts regular inspections to assess
its compliance with the applicable professional standards. On August 26, 2022, the CSRC, the Ministry of Finance of the PRC (the “MOF”),
and the PCAOB signed a Statement of Protocol (the “Protocol”), taking the first step toward opening access for the PCAOB to
inspect and investigate registered public accounting firms headquartered in mainland China and Hong Kong. However, uncertainties exist
with respect to the implementation of this framework and there is no assurance that the PCAOB will be able to execute, in a timely manner,
its future inspections and investigations in a manner that satisfies the Protocol if it is later determined that the PCAOB is unable to
inspect or investigate our