Company: SISI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010889
Chunk: 68

Company: SHINECO, INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 68
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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 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$545,597 were pledged as collateral to secure this loan as of June 30, 2024. The loan was fully repaid upon maturity.

    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$1,451,298 were pledged as collateral to secure this loan as of June 30, 2024.

    36

The Company recorded interest expenses from continuing
operations of US$39,630 and US$39,069 for the nine months ended March 31, 2025 and 2024, respectively. The Company recorded interest expenses
from continuing operations of US$12,901 and US$13,130 for the three months ended March 31, 2025 and 2024, respectively.

The annual weighted average interest rates from continuing
operations were 4.28% and 4.16% for the nine months ended March 31, 2025 and 2024, respectively. The annual weighted average interest
rates from continuing operations were 4.23% and 4.24% for the three months ended March 31, 2025 and 2024, respectively.

The Company recorded interest expenses from discontinued
operations of US$432,848 and US$401,673 for the nine months ended March 31, 2025 and 2024, respectively. The Company recorded interest
expenses from discontinued operations of US$138,763 and US$147,901 for the three months ended March 31, 2025 and 2024, respectively.

The annual weighted average interest rates from discontinued
operations were 4.10% and 4.30% for the nine months ended March 31, 2025 and 2024, respectively. The annual weighted average interest
rates from discontinued operations were 3.40% and 4.24% for the three months ended March