Company: SISI
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006895
Chunk: 81

Company: SHINECO, INC.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 81
---
    The operating company of this segment, Wintus, specializes in producing,
    processing and distributing agricultural products, such as silk and silk fabrics, as well as fresh fruit. The operations of this
    segment are located in Chongqing, China. Wintus has established approximately 150,000 acres of mulberry orchards in Fuling District
    and Wulong District of Chongqing. Wintus operates a silk factory in Liangping District, Chongqing that processes silk products, which
    are then distributed worldwide through dealers. Its products are sold not only in China but also overseas countries such as the United
    States, Europe (Germany, France, Italy, Poland), Japan, South Korea, and Southeast Asia (India, Thailand, Indonesia, Bangladesh,
    and Cambodia), among other countries and regions. In addition to silk products, Wintus also engages in the fruit trading business.
    It imports fruits from Southeast Asia and other regions, distributing them through dealers to supermarkets and stores nationwide
    in China.

    ●
    Developing and selling healthy meals for people with slow metabolic
    health and those in recovery from metabolic disorders (“Healthy meals products”):

    The operating company of this segment, Fuzhou Meida, operates a health-oriented
    chain restaurant that focuses on the concept of “improving metabolism through diet.” Fuzhou Meida specializes in developing
    healthy meals for people with slow metabolic health and those in recovery from metabolic disorders. Fuzhou Meida recently opened
    its restaurant in Fuzhou City, Fujian Province. The restaurant features an open kitchen and adopts a modern Chinese style, offering
    a variety of modern Chinese healthy light meals and metabolism-boosting meal sets. The Company plans to gradually establish additional
    branches in key cities across China, including Beijing, Shanghai, Guangzhou, and other southeastern coastal regions.

The following table presents summarized
information by segment for the six months ended December 31, 2024:

SCHEDULE OF INFORMATION BY SEGMENT 

    For the six months ended
    December 31, 2024

    Continuing Operations

    Discontinued Operations

    Rapid diagnostic and other

    Other agricultural

    Healthy meals

    Luobuma

    products

    products

    products

    products

    Total

    Segment revenue
     
    $
    217,120 

    $
    5,005,387 

    $
    949 

    $
    -