Beijing, China – September 22, 2022 – ReTo Eco-Solutions, Inc. (NASDAQ: RETO) today announced that its subsidiary REIT Ecological Technology Co., Ltd. has officially settled in Ordos, Inner Mongolia, China, opening a new chapter in the development of ecological and environmental protection.

The establishment of REIT Ecology in Ordos is an important starting point for deep cultivation in the northern region, and it is also a significant milestone in the development process, marking the company's leap to a new level in the field of environmental protection and ecology.

ReTo Ecol-Solutions, Inc. was founded in Beijing, China in 1999, listed on NASDAQ in the United States in 2017. REIT Ecology is China's leading operator and solution provider for the comprehensive utilization of solid waste resources. It follows the natural laws of the ecosystem, comprehensively utilizes waste resources, restores the ecological functions and natural attributes of the destroyed areas, and realizes ecological restoration. coordinated development with the regional economy.

REIT Ecology integrates comprehensive utilization of solid waste, ecological construction and Internet of Things technology, promotes the upgrading and rapid development of various businesses, and achieves the goal of improving the ecology with science and technology, making REIT Ecology a "Technology-driven Smart Ecology and Environmental Protection Industry Operation and Service Providers”.

REIT Ecology will thoroughly implement the spirit mentioned in President Jinping Xi's important speech to Inner Mongolia: adhere to the concept of ecological priority and green development, and comprehensively promote the construction of a "no-waste city". REIT Ecological plans to establish the "Research Institute for Comprehensive Utilization of Solid Waste and New Materials" in Ordos, and plans to build an "Eco-industrial Park for Comprehensive Utilization of Solid Waste and Rural Revitalization". Establish an industry guidance fund to form a combined innovative development model of government + industry + capital + scientific research.

Mr. Hengfang Li, Chairman and CEO of RETO commented, "As a leading enterprise in the field of ecological and environmental protection in China, REIT Ecology is committed to focusing on the development direction of innovation and creation, high quality and high technology. In the strategic layout of ecological environmental protection, relying on the capital market platform advantages of listed companies, diversifying and integrating all-round resources, further enhancing the brand image, establishing high-quality projects, striving for "Brand First, Quality first" in the national ecological environmental protection field, and striving to achieve the grand goal of "Technology Improves Ecology, Ecology Constructs the Future".