ReTo Eco-Solutions Acquires 51% Stake In Seven Arrows Supply Chain For $8.67M

Benzinga·03/04/2026 14:05:46

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ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company"), a manufacturer and distributor of eco-friendly construction materials and intelligent equipment in China, today announced that it has closed the acquisition of 51% equity interest in Seven Arrows Supply Chain Limited, a British Virgin Islands exempted company ("Seven Arrows"). Through its wholly owned subsidiary, Hainan Seven Arrows Supply Chain Co., Ltd., Seven Arrows is primarily engaged in craft beer supply chain management and distribution in China.

The acquisition was completed through a share exchange agreement, dated February 27, 2026, by and among the Company, Seven Arrows, and the shareholder of Seven Arrows ("Seller"), with ReTo issuing to Seller 8,670,000 Class A shares as consideration, at a per share price of $1.00, for a total transaction value of $8,670,000.

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