Planet Green Holdings Corp. Receives Unqualified Audit Opinion

Planet Green Holdings Corp. has recently disclosed the reception of an unqualified audit opinion regarding its ability to continue as a going concern. This announcement, made in accordance with NYSE American LLC regulations, does not impact the Company's financial statements. The news release also includes forward-looking statements based on management's expectations and assumptions, subject to various risks and uncertainties. It is important to note that the Company does not commit to updating these forward-looking statements beyond the initial publication date, unless required by securities laws.

The audit opinion received by Planet Green Holdings Corp. from its independent registered public accounting firm included an explanatory paragraph concerning the Company's ability to continue as a going concern. This disclosure aligns with NYSE American LLC Company Guide Section 610(b), which mandates the public announcement of such audit opinions containing a going concern paragraph. It is crucial to emphasize that this announcement does not indicate any alterations to the Company's financial statements or its Annual Report on Form 10-K for the year ended December 31, 2023.

Furthermore, the news release contains forward-looking statements as defined by the U.S. Private Securities Litigation Reform Act of 1995, which highlight potential future events or trends. These statements are based on management's current expectations, beliefs, and assumptions about future events, but are subject to known and unknown risks, uncertainties, and other significant factors. The Company does not have an obligation to update these forward-looking statements to reflect events or circumstances occurring after their initial publication, unless mandated by applicable securities laws. It is essential to review reports filed with the Securities and Exchange Commission for factors that could potentially cause actual results to differ from those expressed in the forward-looking statements.

Planet Green Holdings Corp.'s announcement of the unqualified audit opinion and the inclusion of a going concern paragraph in compliance with NYSE American LLC regulations signify transparency and adherence to reporting standards. While the forward-looking statements provide insights into the Company's future expectations, readers should be aware of the inherent risks and uncertainties associated with such projections. Staying informed about the Company's financial disclosures and regulatory compliance is crucial for investors and stakeholders.