RETO ECO-SOLUTIONS, INC.

(RETO)
Delayed Nasdaq  -  05/20 02:05:50 pm EDT
0.7100 USD   -2.73%
05/02ReTo Eco-Solutions Reports Fiscal Year 2021 Financial Results
PR
05/02ReTo Eco-Solutions, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
CI
04/21RETO ECO : Yangpu Fang and Yuan United Logistics Co., Ltd., a subsidiary of ReTo Eco-Solutions,Inc., completed an angel round of financing of RMB 5 million to build a smart logistics platform
PU
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

ReTo Eco : Regains Compliance with Nasdaq Minimum Bid Price Requirement - Form 6-K

11/15/2021 | 12:05pm EDT

ReTo Eco-Solutions, Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement

BEIJING, November 15, 2021 - ReTo Eco-Solutions, Inc. (NASDAQ: RETO) ("ReTo" or the "Company") a provider of technology solutions for the improvement of ecological environments, today announced that it received notification from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") compliance with the minimum bid price requirement of US$1.00 per share under the Nasdaq Listing Rules (the "Listing Rules").

On November 11, 2021, Nasdaq provided confirmation to the Company that for at least 10 consecutive business days, i.e. from October 28 to November 10, 2021, the closing bid price of the Company's ordinary shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2).

About ReTo Eco-Solutions, Inc. (NASDAQ: RETO)

Founded in 1999, ReTo Eco-Solutions, Inc. (NASDAQ: RETO), through its proprietary technologies, systems and solutions, is striving to bring clean water and fertile soil to communities worldwide. The Company offers a full range of products and services, ranging from the production of environmentally-friendly construction materials, environmental protection equipment, and manufacturing equipment used to produce environmentally-friendly construction materials, to project consulting, design, and installation for the improvement of ecological environments, such as ecological soil restoration through solid waste treatment. For more information, please visit: http://en.retoeco.com

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate," or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Specifically, the Company's statements regarding: 1) the ability of additional features and customized configurations on its machinery and equipment products to attract new customers; 2) the ability of the growth of its business to resume in the near future; and 3) the further spread of COVID-19 or the occurrence of another wave of cases and the impact it may have on the Company's operations are forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the construction industry in China; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

ReTo Eco-Solutions, Inc.

Giorgio Zhao

Beijing Phone: +86-010-64827328

ir@retoeco.com or 310@reit.cc

Disclaimer

ReTo Eco-Solutions Inc. published this content on 15 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2021 17:04:12 UTC.


© Publicnow 2021
All news about RETO ECO-SOLUTIONS, INC.
05/02ReTo Eco-Solutions Reports Fiscal Year 2021 Financial Results
PR
05/02ReTo Eco-Solutions, Inc. Reports Earnings Results for the Full Year Ended December 31, ..
CI
04/21RETO ECO : Yangpu Fang and Yuan United Logistics Co., Ltd., a subsidiary of ReTo Eco-Solut..
PU
04/09RETO ECO : Work Together, Environmentally Friendly Omitted | ReToEco-Solutions, Inc. and T..
PU
03/30RETO ECO : Subsidiary Hainan Yile IoV Technology Research Institute Co., Ltd. signed a coo..
PU
03/25RETO ECO : REIT brand is favored by Indian customers again
PU
03/11ReTo Eco-Solutions, Inc. announced that it has received $3.105 million in funding from ..
CI
03/10RETO ECO : Subsidiary Forms a Cooperation Framework Agreement with Longxi County Governmen..
PU
03/10ReTo Eco-Solutions, Inc. announced that it expects to receive $3.105 million in funding..
CI
03/03ReTo Eco-Solutions Subsidiary Selected as a Member of the Hainan Petroleum, Natural Gas..
PR
More news
Financials (USD)
Sales 2020 9,73 M - -
Net income 2020 -11,8 M - -
Net Debt 2020 15,9 M - -
P/E ratio 2020 -1,36x
Yield 2020 -
Capitalization 23,5 M 23,5 M -
EV / Sales 2019
EV / Sales 2020 3,28x
Nbr of Employees -
Free-Float 60,1%
Chart RETO ECO-SOLUTIONS, INC.
Duration : Period :
ReTo Eco-Solutions, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends RETO ECO-SOLUTIONS, INC.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Managers and Directors
Heng Fang Li Chairman & Chief Executive Officer
Guang Feng Dai President, Chief Operating Officer & Director
Xing Chun Wang Chief Financial Officer
Zhi Zhong Hu Director & Chief Technology Officer
Li Zhi Independent Director
Sector and Competitors
1st jan.Capi. (M$)
RETO ECO-SOLUTIONS, INC.-58.24%26
CRH PLC-20.53%29 882
ULTRATECH CEMENT LIMITED-20.00%22 611
VULCAN MATERIALS COMPANY-22.77%21 305
MARTIN MARIETTA MATERIALS, INC.-26.30%20 247
GRASIM INDUSTRIES LIMITED-10.14%12 362