On June 11, 2019, Ms. Yuxia Jia, the Chief Financial Officer (CFO), tendered her resignation for personal reasons as the CFO of ReTo Eco-Solutions, Inc., effective immediately. On June 11, 2019, the company's board of directors appointed Mr. Bin Li, age 51, the company's then acting Finance Manager, to succeed Ms. Jia as the company's CFO. In addition, the company's Board of Directors appointed Ms. Jia as Senior Assistant to the Chairman of the Board of Directors.