ReTo Regained Compliance with Nasdaq's Minimum Bid Price Requirement and Received Extension on Compliance with Nasdaq's Minimum Stockholders' Equity Rule

Group 1 - ReTo Eco-Solutions, Inc. has regained compliance with Nasdaq's minimum bid price requirement as of March 15, 2024, and this matter is now closed [1] - The company has been granted an extension to meet the minimum stockholders' equity criteria, contingent upon filing its Form 20-F by May 15, 2024 [2] Group 2 - ReTo Eco-Solutions, Inc. was founded in 1999 and focuses on providing technology solutions for ecological environments and IoT technology development [3] - The company is involved in ecological restoration, solid waste treatment, and the manufacturing of eco-friendly construction materials from mining waste [3] - ReTo also offers consultation, design, and project implementation services for urban ecological protection projects, along with roadside assistance and IoT technology development services [3]