ReTo(RETO) - 2023 Q4 - Annual Report

Financial Restatement - ReTo Eco-Solutions identified an error in the recognition and measurement of share-based compensation expenses for the six months ended June 30, 2023, leading to an overstatement [2] - The company will restate its unaudited condensed consolidated financial statements for the six months ended June 30, 2023 to correct the errors [3] - The audit committee concluded that the previously issued financial statements should no longer be relied upon due to the overstatement [3] Impact of Correction - The correction of the errors is not expected to have any tax or cash flow impact [2]