PLANET GREEN HOLDINGS CORP. : Entry into a Material Definitive Agreement, Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits (form 8-K)

Item 1.01 Entry Into A Material Definitive Agreement.

On August 8, 2022, Planet Green Holdings Corp. (the "Company") entered into a Share Purchase Agreement (the "Share Purchase Agreement") with Xianning Xiangtian Energy Holdings Group Co., Ltd. ("Target"), and the shareholder of the Target (the "Seller"), pursuant to which, among other things and subject to the terms and conditions contained therein, the Company agreed to make a purchase of 10% equity ownership of the Target from the Seller and the Company shall pay to the Seller an aggregate of RMB 27,675,000 as consideration. The Target is a company that holds LNG production facilities through its subsidiary, and owns other assets. On August 9, 2022, the Parties completed the transaction.

In connection with the closing of the share purchase transaction, the Subsidiary amended its existing VIE agreements to reflect its acquisition of the additional 10% equity interest, copies of which are filed herewith as Exhibits 10.2 through 10.6, respectively.

Item 2.01 Completion of Acquisition or Disposition of Assets.

The information set forth in Item 1.01 above relating to the closing of the share purchase transaction is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

  (d) Exhibits.




Exhibit No.   Description
10.1            Share Purchase Agreement, dated as of August 8, 2022, by and among
              Planet Green Holdings Corp., Xianning Xiangtian Energy Holdings Group
              Co., Ltd., and the shareholder of Xianning Xiangtian Energy Holdings
              Group Co., Ltd.
10.2            Amended Consultation and Service Agreement
10.3            Amended Business Cooperation Agreement
10.4            Amended Equity Pledge Agreement
10.5            Amended Equity Option Agreement
10.6            Amended Voting Rights Proxy and Financial Supporting Agreement
104           Cover Page Interactive Data File (embedded within the Inline XBRL
              document)




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