SHINECO, INC. (NASDAQ:TYHT) Files An 8-K Other EventsITEM 8.01 OTHER EVENTS
On August 20, 2018, Shineco, Inc. (the “Company”), a manufacturer and distributor of Chinese herbal medicines, organic agricultural products, specialized textiles, and other health and well-being focused plant-based products in China, issued a press release today announcing that the Company, through its joint venture company, Xinjiang Shineco Taihe Agriculture Technology Ltd. (“Xinjiang Taihe”), has entered into a strategic cooperation agreement (the “Agreement”) with the People’s Government of Bayingolin Mogol (“Bazhou”) Autonomous Prefecture (“Bazhou Autonomous Prefecture”) for the Company’s Apocynum Industrial Integration Construction Project (the “Project”). 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 Releasedated August 20, 2018.|
SHINECO, INC. ExhibitEX-99.1 2 f8k082018ex99-1_shinecoinc.htm PRESS RELEASE DATED AUGUST 20,…To view the full exhibit click
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.