Shineco, Inc., a holding company headquartered in Beijing, engages in producing and distributing plant-based products through its subsidiaries, and went public on September 26, 2016. The company operates in three segments: Luobuma products, Chinese Medicinal Herbal Products, and Other Agricultural Products, focusing on health and well-being.
SISI has been in the news recently: Shineco, Inc. is offering 1,869,160 shares at $1.07 per share for $2 million in total proceeds in a public offering managed by EF Hutton LLC. The stock price of Shineco, Inc. dropped by 53.6% to $0.98 after announcing the public offering.
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