ReTo Eco-Solutions, Inc. (NASDAQ: RETO) announced its board of directors approved a four-to-one combination of its Class A shares, according to a company statement.

The share combination becomes effective May 18, 2026, when the Class A shares will begin trading on a post-combination basis. Each four pre-combination Class A shares will automatically combine into one Class A share without action required from shareholders.

The combination reduces the number of issued and outstanding Class A shares from 13,079,201 to approximately 3,269,801. The shares will continue trading on the Nasdaq Capital Market under the symbol "RETO" with a new CUSIP number G75271406.

The company stated the share combination aims to increase the market price per share to maintain its Nasdaq listing. No fractional shares will be issued, and shareholders who would receive a fractional share will automatically receive an additional full share.

The combination does not require shareholder approval under British Virgin Islands law. VStock Transfer, LLC will serve as the exchange agent for adjustments to physical stock certificates.

ReTo Eco-Solutions, founded in 1999, operates through subsidiaries in China and engages in research, development and sales of ecological environment protection equipment, intelligent mining equipment and smart craft beer machines.