Company: RETO
Filing Date: 2025-07-31
Form Type: F-3
Source: 0001213900-25-070052
Chunk: 40

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-07-31
Form: F-3
Chunk 40
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| ● | The complex and evolving laws and regulations regarding privacy and data protection, including China’s new Data Security Law, Cybersecurity Review Measures, Personal Information Protection Law, that our business is subject to; |

| ● | Uncertainties regarding the interpretation and enforcement of PRC laws, rules and regulations;                                                                                                                                        |
| ● | The risks of delisting or the threat of being delisted under the HFCAA if the PCAOB is unable to inspect our auditor;                                                                                                                 |
| ● | The approval of the CSRC, CAC or other Chinese regulatory agencies which may be required in connection with our offshore offerings under Chinese law and, if required, our inability to obtain such approval or complete such filing; |
| ● | The potential treatment as a resident enterprise for PRC tax purposes under the EIT Law and the risk of being subject to PRC income tax on our global income;                                                                         |
| ● | Foreign exchange controls in China, which could limit our use of funds that would be raised in future offerings, which could have a material adverse effect on our business;                                                          |
| ● | The complex procedures under the PRC laws and regulation in connection with certain acquisitions of China-based companies by foreign investors;                                                                                       |

| ● | PRC regulation of loans to, and direct investment in, PRC entities by offshore holding companies and governmental control of currency conversion, which may restrict or prevent ReTo from making additional capital contributions or loans to its PRC subsidiaries; |
| ● | Any limitation on the ability of our PRC subsidiaries to make payments to us;                                                                                                                                                                                       |
| ● | Fluctuations in exchange rates;                                                                                                                                                                                                                                     |
| ● | The adverse impact on our business by the tensions in international trade and rising political tensions;                                                                                                                                                            |
| ● | The potential supply chain disruptions; and                                                                                                                                                                                                                         |
| ● | Any severe or prolonged downturn in the global or Chinese economy.                                                                                                                                                                                                  |

Risks Related to Our Business and Industry We are subject to risks and uncertainties related to our business and industry, including, but not limited to, the following:

| ● | The potential slowdown of the industries in which our customers operate; |

| ● | Any decline in the availability or increase in the cost of raw materials; |

| ● | Any disruption in the supply chain of raw materials and our products; |

| ● | Wage increases in China; |

| ● | Our reliance on a limited number of vendors and the potential loss of any significant vendor; |

| ● | Certain risks in collecting our