SHINECO, INC. (NASDAQ:TYHT) Files An 8-K Other Events
ITEM 8.01 OTHER EVENTS
On June 9, 2017, Shineco, Inc. (the Registrant) issued a press
release announcing that the Registrant and its subsidiary,
Xinjiang Tiankunrunze Biological Engineering Co., Ltd., have
entered into a Strategic Cooperation Agreement with Beijing
Zhongke Biorefinery Engineering Technology Co., Ltd., a high-tech
biomass refining company, to establish the Institute of Chinese
Apocynum Industrial Technology Research (ICAITR). A copy of the
press release is attached as Exhibit 99.1 hereto and incorporated
by reference herein.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
|99.1||Press Release dated June 9, 2017.|
About SHINECO, INC. (NASDAQ:TYHT)
Shineco, Inc. is a holding company. The Company provides health and well-being focused plant-based products by using its subsidiaries’ and variable interest entities’ vertically- and horizontally-integrated production, distribution and sales channels. The Company operates through three segments: developing, manufacturing and distributing of specialized fabrics, textile products and other by-products derived from an indigenous Chinese plant called Apocynum Venetum, known as Bluish Dogbane (Luobuma); planting, processing and distributing of traditional Chinese medicinal herbal products, as well as other pharmaceutical products (Herbal products), and planting, processing and distributing of green and organic agricultural produce, as well as growing and cultivating of Chinese Yew trees (Agricultural products). It utilizes engineering technologies and biotechnologies to produce, among other products, Chinese herbal medicines, organic agricultural produce and specialized textiles.