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ReTo Eco-Solutions ( (RETO) ) has issued an update.
ReTo Eco-Solutions, Inc., a company registered in the British Virgin Islands, has sold its entire stake in its wholly-owned subsidiary, REIT Holdings (China) Limited, to Zhao Duan Wen for a total of $80,000. This transaction reflects ReTo Eco-Solutions’ strategic decision to divest its interests in the subsidiary, which could lead to a shift in the company’s focus and financial structure. The financial statements provided serve illustrative purposes, showcasing the impact of this disposition on the company’s financial standing, though they are not indicative of future operations or financial outcomes. Stakeholders should not consider these statements as definitive projections of the company’s future financial performance.
More about ReTo Eco-Solutions
YTD Price Performance: 0%
Average Trading Volume: 61,209
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $18.32M
For detailed information about RETO stock, go to TipRanks’ Stock Analysis page.
