Material Agreement Form 8 K

Item 1.01 Entry Into A Material Definitive Agreement.

On December 11, 2022, Jiayi Technologies (Xianning) Co., Ltd. (the "Jiayi"), a whole owned subsidiary of Planet Green Holdings Corp. (the "Company"), entered into a Termination Agreement (the "Termination Agreement") with Xiaodong Cai , Yongshen Chen (the "Shareholders") and Jilin Chuangyuan Chemical Co., Ltd. (the "Jilin Chuangyuan"), pursuant to which, among other things and subject to the terms and conditions contained therein, Jiayi, the Shareholders and Jilin Chuangyuan agreed to terminate all of the rights and obligations under the Amended and Restated Business Cooperation Agreement, the Consultation and Service Agreement, the Equity Option Agreement, the Equity Pledge Agreement, and the Proxy Agreement (collectively, the "VIE Agreements") entered among and between Jiayi, the Shareholders and Jilin Chuangyuan on November 30, 2021. As a result of the completion of the transaction, the Company no longer consolidates Jilin Chuangyuan's financial statements into the financial statements of the Company for accounting purpose. The transaction was completed on December 11, 2024.