Company: SISI
Filing Date: 2025-03-13
Form Type: S-1/A
Source: 0001493152-25-010206
Chunk: 76

Company: SHINECO, INC.
Filing Date: 2025-03-13
Form: S-1/A
Chunk 76
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 and any profit on the resale of the securities purchased by them may be deemed to be underwriting commissions or discounts under the Securities Act. The Selling Stockholders has informed the Company that it does not have any written or oral agreement or understanding, directly or indirectly, with any person to distribute the securities, as of the date of this prospectus.

The Company is required to pay certain fees and expenses incurred by the Company incident to the registration of the securities. The Company has agreed to indemnify the Selling Stockholders against certain losses, claims, damages and liabilities, including liabilities under the Securities Act.

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<div align='center'>DESCRIPTION OF SECURITIES TO BE REGISTERED</div>

The following description of our common stock and certain provisions of our certificate of incorporation, as amended, and our by-laws are summaries and are qualified by reference to the certificate of incorporation, as amended, and the by-laws. Copies of these documents have been filed with the SEC as exhibits to our registration statement, of which this prospectus forms a part.

Authorized Capital Stock

Our authorized capital stock consists of 150,000,000 shares of common stock, par value $0.001 per share. As of March 13, 2025, there were 17,179,844 shares of our common stock issued and outstanding, held of record by approximately 194 stockholders. The outstanding shares of common stock are fully paid and non-assessable.

Common Stock

Each holder of our common stock is entitled to:

| ● | one                                                                                                                     
 vote per share on all matters submitted to a vote of the shareholders;                                                  |
| ● | entitled                                                                                                                
 to receive ratably dividends as may be declared by our board of directors out of funds legally available therefore; and |
| ● | receive                                                                                                                 
 remaining assets after payment of all liabilities of the company in the event of our dissolution.                       |

Our common stock has no preemptive or conversion rights or other subscription rights. The common stock has no cumulative voting rights, including with respect to the election of directors.

Voting Rights

Each holder of common stock is entitled to one vote for each share of common stock held on all matters submitted to a vote of stockholders. Any action at a meeting at which a quorum is present will be decided by a majority of the voting power present in person or represented by proxy, except in the case of any election of directors, which will be decided by a plurality of votes cast. There is no cumulative voting.

Dividend Rights