Company: SISI
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006895
Chunk: 64

Company: SHINECO, INC.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 64
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,568

    2026/9/2

    3.35
    %
  
    Bank of Chongqing(b)

           1,082,420

    2026/7/3

    4.00
    %
  
    Total long-term bank loans
     
    $
           1,698,988

    Long-term bank loans-current
     
    $
                20,552

    Long-term bank loans-non-current
     
    $
           1,678,436 

The loans outstanding were guaranteed
by the following properties, entities or individuals:

    a.
    Guaranteed by Ms. Wang Xiaohui and Mr. Chi Keung Yan, two of the shareholders
    of the Company. The loan is also guaranteed by other subsidiaries of the Company, Chongqing Wintus and Wulong Wintus. In addition,
    Liangping Wintus’s properties with net book values of US$528,514 were pledged as collateral to secure this loan.

    b.
    Guaranteed by Ms. Wang Xiaohui and Mr. Chi Keung Yan, two of the shareholders
    of the Company, and the family members of Ms. Wang Xiaohui. In addition, the Company’s properties with net book values of US$1,405,863
    were pledged as collateral to secure this loan.

    32

    Lender
     
    June 30, 2024

    Maturity Date
     
    Int. Rate/Year

    Chongqing Rural Commercial Bank(a)
     
    $
    619,199

    2024/9/7

    4.85
    %
  
    Bank of Chongqing(b)

    1,093,919

    2026/7/3

    4.00
    %
  
    Total long-term bank loans
     
    $
    1,713,118

    Long-term bank loans-current
     
    $
    632,959

    Long-term bank loans-non-current
     
    $
    1,080,159

The loans outstanding were guaranteed
by the following properties, entities or individuals:

    a.
    Guaranteed by Ms. Wang Xiaohui and Mr. Chi Keung Yan, two of the shareholders
    of the Company, and the family member of Ms. Wang Xiaohui. The loan is