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Shineco Inc (TYHT.OQ)

TYHT.OQ on NASDAQ Stock Exchange Capital Market

2.75USD
15 Dec 2017
Change (% chg)

$-0.04 (-1.43%)
Prev Close
$2.79
Open
$2.95
Day's High
$2.95
Day's Low
$2.69
Volume
25,306
Avg. Vol
28,655
52-wk High
$5.25
52-wk Low
$1.72

Latest Key Developments (Source: Significant Developments)

Shineco Announces RMB 8 Million Contract With Huangpu International Limited In China
Wednesday, 13 Dec 2017 01:00pm EST 

Dec 13 (Reuters) - Shineco Inc ::SHINECO, INC. ANNOUNCES RMB 8 MILLION CONTRACT WITH HUANGPU INTERNATIONAL LIMITED.SHINECO INC - CO THROUGH ITS UNIT TIANJIN TAJIT E-COMMERCE LTD, HAS SIGNED THE CONTRACT WITH HUANGPU INTERNATIONAL LIMITED IN CHINA.  Full Article

Shineco Enters Into Share Exchange, Acquisition Deal With Xinjiang Tiansheng
Monday, 11 Dec 2017 08:26am EST 

Dec 11 (Reuters) - Shineco Inc ::SHINECO SAYS ON DEC 6, CO, THROUGH ITS JV, ENTERED INTO SHARE EXCHANGE AND ACQUISITION AGREEMENT WITH WESTERN XINJIANG TIANSHENG AGRICULTURAL.SHINECO INC SAYS ‍PURSUANT TO AGREEMENT, XINJIANG TAIHE WILL RECEIVE 51% EQUITY OWNERSHIP IN XINJIANG TIANSHENG - SEC FILING.SHINECO - ‍XINJIANG TAIHE TO GET 51% EQUITY OWNERSHIP IN XINJIANG TIANSHENG FOR FURTHER INVESTMENT IN APOCYNUM BUSINESS EXPANSION IN XINJIANG, CHINA​.SHINECO INC SAYS ACQUISITION CONSIDERATION IS VALUED AT RMB23.8 MILLION CONTINGENT UPON CERTAIN MILESTONES IN NEXT YEARS.SHINECO - ‍51% EQUITY OWNERSHIP IN EXCHANGE FOR COMBINATION OF 14% EQUITY OWNERSHIP IN XINJIANG TAIHE AND CASH PAYMENTS IN THREE SEPARATE INSTALLMENTS​.  Full Article

Shineco files for mixed shelf of upto $25 million
Tuesday, 21 Nov 2017 05:30pm EST 

Nov 21 (Reuters) - Shineco Inc :Shineco inc files for mixed shelf of upto $25 million - SEC Filing‍​‍​.  Full Article

Shineco enters into RMB 1.12 billion worth of strategic cooperation agreement
Tuesday, 21 Nov 2017 09:00am EST 

Nov 21 (Reuters) - Shineco Inc ::Enters into RMB 1.12 billion worth of strategic cooperation agreement for Apocynum Industrial Park Projects in the Nationally Designated Economic Development Zone in Xinjiang, China.Unit entered into strategic cooperation agreement with Korla Economic and Technological Development Zone Administrative Committee​.Runze is expected to invest in aggregate of RMB 1.12 billion funding, comprising of bank loans and co raised capital, into projects under agreement​.After completion of construction, installation by Nov 2018 and commencement, projects are expected to generate RMB 600 million net profit annually​.  Full Article

Shineco enters into strategic agreement with Western Xinjiang Tiansheng Agricultural Development
Thursday, 16 Nov 2017 09:00am EST 

Nov 16 (Reuters) - Shineco Inc :Shineco Inc enters into strategic cooperation agreement with Western Xinjiang Tiansheng Agricultural Development Co Ltd.Shineco Inc - ‍pursuant to agreement, Shineco intends to acquire 51 pct - 60 pct equity interest in Xinjiang Tiansheng's shares​.Shineco Inc - to acquire 51 pct - 60 pct equity interest in Xinjiang Tiansheng's shares in exchange for consideration consisting of cash,co's newly issued shares​.Shineco Inc - co through its joint venture company, Xinjiang Shineco Taihe Agriculture Technology Ltd has entered into strategic cooperation agreement.  Full Article

Shineco provides update on further cooperation with Daiso via JD.com
Monday, 13 Nov 2017 09:00am EST 

Nov 13 (Reuters) - Shineco Inc ::Provides update on further cooperation with Daiso via JD.com.Further developed cooperation with Daiso Industries Co through a supply and purchase agreement entered into on November 3​.Agreement was entered into for purpose of establishing a continuous supply and sale of Daiso's products in China​.Pursuant to deal, Shineco to purchase Daiso products in amount of about RMB 20 million no later than Dec 31, 2017, and add orders as required​.Term of agreement with Daiso is currently one year, and it extends for one additional year at each expiration date​.  Full Article

Shineco provides further update on status of apocynum industrial park establishment
Tuesday, 7 Nov 2017 08:30am EST 

Nov 7 (Reuters) - Shineco Inc ::Shineco, Inc. provides further update on status of apocynum industrial park establishment in Xinjiang, China..Shineco Inc - ‍shineco has applied and received wild apocynum harvest permit from government of korla region in Xinjiang, China​.Shineco Inc - co plans to harvest 100,000 tons of apocynum straws beginning winter of 2017 until spring of 2018​.  Full Article

Shineco enters into agreement to market authorized products of Daiso to distribute on JD.com
Friday, 27 Oct 2017 09:00am EDT 

Oct 27 (Reuters) - Shineco Inc :Shineco, Inc. enters into agreement to market authorized products of Daiso to distribute on JD.com.Shineco Inc - Co's unit ‍tianjin Tajit E-Commerce has obtained contractual rights to distribute branded products of Daiso industries via JD.com​.Shineco - Pursuant to arrangement, co authorized to distribute Daiso's branded products, utilize brand names in connection therewith in China through unit.  Full Article

Shineco says Q4 earnings per share $0.114
Friday, 13 Oct 2017 04:30pm EDT 

Oct 13 (Reuters) - Shineco Inc -:Shineco, Inc. reports fourth quarter and full year 2017 financial results.Q4 earnings per share $0.114.Q4 revenue fell 0.9 percent to $8.06 million.  Full Article

Shineco Inc enters into strategic cooperation agreement to establish apocynum industrial park in Xinjiang, China
Friday, 22 Sep 2017 04:30pm EDT 

Sept 22 (Reuters) - Shineco Inc :Shineco Inc enters into strategic cooperation agreement to establish an apocynum industrial park in Xinjiang, China.Shineco - ‍Through its unit entered into strategic cooperation agreement with Jianjun Wang to establish an apocynum industrial park in Xinjiang, China​.Shineco Inc - Upon closing of agreement, Shineco will own 95% of equity interest of Xinjiang Taihe.Shineco - Pursuant to agreement, Wang and co have agreed to establish a joint venture company namely, Xinjiang Shineco Taihe Agriculture Technology Ltd..  Full Article

BRIEF-Shineco Announces RMB 8 Million Contract With Huangpu International Limited In China

* SHINECO, INC. ANNOUNCES RMB 8 MILLION CONTRACT WITH HUANGPU INTERNATIONAL LIMITED

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