Non Reliance of Financial Report Form 8 K

Item 4.02. Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.

On September 30, 2024, Planet Green Holdings Corp. (the "Company") determined that the Company's unaudited financial statements in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 should be restated due to an error related to the disposal of the Company's wholly-owned subsidiary Allinyson Ltd., on April 1, 2024. The Company's management, in consultation with its advisors, concluded that the Quarterly Report on Form 10-Q for the quarter ended June 30, 2024 should no longer be relied upon due to the error identified. The error in the unaudited financial statements will be corrected by filing an amended Quarterly Report on Form 10-Q (the "Form 10-Q/A") contemporaneous with the filing of this Current Report on Form 8-K.

The Company incorrectly recognized income from discontinued operations in additional paid in capital in connection with disposal of Allinyson Ltd. The corrections resulted in a $7,407,267 decrease in income from discontinued operation, a $7,422,000 increase in additional paid-in capital, a $7,407,267 decrease in accumulated deficit and a $14,733 decrease in accumulated other comprehensive income.

Management has determined that, as a result of the errors described above, management's previous conclusions regarding the effectiveness of the Company's disclosure controls and procedures as of June 30, 2024 need to be modified. The Company will provide management's modified conclusions in the restated interim financial statements.