Shineco
 | |
| | |
| Shineco Inc | |
|---|---|
| Type | Public |
| Industry | Biological health products |
| Founded | 1997 |
| Slogan | Build Your Fitness From Biotechnology |
| Headquarters | Beijing, China |
| Key people | Yuying Zhang (CEO), Sam Wang (CFO) [1] |
| Number of employees | 393 [2] |
Shineco, Inc., incorporated on August 20, 1997, is a holding company[3]. 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. [4]
The company uses its subsidiaries' and variable interest entities' vertically- and horizontally-integrated production, distribution and sales channels to provide health and well-being focused plant-based products in China. [5]
The company was formerly known as Beijing Tenet Jove Technological Development Co., Ltd. and changed its name to Shineco, Inc. in June 2005.
Contents
[hide]Products[edit | edit source]
The products the company sales mainly cover three business areas: medicine and traditional Chinese medicine, apocynum fiber health products, taxus chinensis and other organic agriculture products.
- It engages in growing and cultivating yew trees whose branches can be used for the production of anti-cancer medication, as well as for ornamental indoor bonsai tree for purifying air quality
- Planting, processing, and distributing organic fruits and vegetables, such as tomato, eggplants, string beans, and peppers as well as blueberries and wine grapes.
- Develops, manufactures, and distributes Chinese medicinal herbal products and decoction pieces, including medicines for bone and joint pain, arthritis, respiratory infections, and insomnia, as well as various other common ailments
- Distributes a range of Western medicines through its wholesale and retail channels.
- Develops and distributes FIR therapeutic clothing and textile products comprising bedding sets, such as pillows, comforters, and sheets; underwear, T-shirts, and socks, knee and shin pads, waist supports, and other protective clothing like body wraps or protectors for the ankle, elbow, wrist, and knee.
Controversies[edit | edit source]
None Reported
Top 5 Recent Tweets[edit | edit source]
| Date | Author | Comment |
|---|---|---|
| April 14, 2023 | deangelo73zen | ShineCo Solid Wood Far Infrared Heating Foot Sauna Barrel - Japanese Style - Great Choice for WFH_110V Plug & Use F… https://t.co/jFGnpHjAGw |
Top Recent News Headlines[edit | edit source]
- Shineco, Inc. Completes Initial Public Offering and Commences Trading on NASDAQ Capital Market - The Company raised approximately $7.7 million in gross proceeds through the issuance of 1,713,190 common shares at a price of $4.50 per share. [7]
- Shineco, Inc. Announces Board Changes - Yin Weixing and Ji Shujuan resigned from the Board of Directors of the company and from their positions on all board committees on which each serves. [8]
References[edit | edit source]
- Jump up ↑ http://www.shinecobiotech.com/8126/news/html/?437.html
- Jump up ↑ http://www.nasdaq.com/markets/ipos/company/shineco-inc-647449-77894
- Jump up ↑ http://www.investopedia.com/terms/h/holdingcompany.asp
- Jump up ↑ http://www.reuters.com/finance/stocks/companyProfile?symbol=TYHT.OQ
- Jump up ↑ http://www.prnewswire.com/news-releases/shineco-inc-completes-initial-public-offering-and-commences-trading-on-nasdaq-capital-market-300335653.html
- Jump up ↑ http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=11439473
- Jump up ↑ http://www.prnewswire.com/news-releases/shineco-inc-completes-initial-public-offering-and-commences-trading-on-nasdaq-capital-market-300335653.html
- Jump up ↑ http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=11439473
