Company: SISI
Filing Date: 2025-02-18
Form Type: S-1
Source: 0001493152-25-007187
Chunk: 55

Company: SHINECO, INC.
Filing Date: 2025-02-18
Form: S-1
Chunk 55
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 primary materials used in our products. Our suppliers may not be able to supply the necessary materials without interruption and we may not have adequate remedies for such failure, which could result in a shortage of our products. If one of our suppliers fails or refuses to supply us for any reason, it could take time and expense to obtain a new supplier. In addition, our failure to maintain existing relationships with our suppliers or to establish new relationships in the future could negatively affect our ability to obtain the materials used in our products in a timely manner. The search for new suppliers could potentially delay the manufacture of our products, resulting in shortages in the marketplace and may cause us to incur additional expense. Failure to comply with applicable legal requirements subjects our suppliers to possible legal or regulatory action, including shutdown, which may adversely affect their ability to supply us with the materials we need for our products. Any delay in supplying, or failure to supply, materials for our products by any of our suppliers could result in our inability to meet the commercial demand for our products, and could adversely affect our business, financial condition, results of operations and growth prospects.

Our existing indebtedness may adversely affect our ability to obtain additional funds and may increase our vulnerability to economic or business downturns.

We are subject to a number of risks associated with our indebtedness, including:

| ● | we                                                                                                                                  
 must dedicate a portion of our cash flows from operations to pay debt service costs and, as a result, we have less funds available  
 for operations and other purposes;                                                                                                  |
| ● | it                                                                                                                                  
 may be more difficult and expensive to obtain additional funds through financings, if available at all;                             |
| ● | we                                                                                                                                  
 are more vulnerable to economic downturns and fluctuations in interest rates, less able to withstand competitive pressures and less 
 flexible in reacting to changes in our industry and general economic conditions; and                                                |
| ● | if                                                                                                                                  
 we default under any of our existing credit facilities or if our creditors demand payment of a portion or all of our indebtedness,  
 we may not have sufficient funds to make such payments.                                                                             |

The loss of one or more members of our management team or other key employees could affect our ability to successfully grow our business.

Our success and future growth depends to a significant degree on the skills and continued services of our management team and other key employees. We do not currently have an employment agreement with any of our executive officers, nor do we currently maintain key person life insurance. If one or more members of our management or other key employees were to resign