Company: SISI
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006895
Chunk: 80

Company: SHINECO, INC.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 80
---
 organic vegetables and fruits. This segment has been focusing its efforts on
    the growing and cultivating of Chinese yew trees (formally known as “taxus media”), a small evergreen tree whose branches
    can be used for the production of medications believed to be anti-cancer and the tree itself can be used as an ornamental indoor
    bonsai tree, which are known to have the effect of purifying air quality. The operations of Zhihesheng are located in the East and
    North regions of Mainland China, mostly carried out in Shandong Province and in Beijing, where Zhihesheng have newly developed over
    100 acres of modern greenhouses for cultivating yew trees and other plants.

    The other operating company of this segment, Guangyuan, is engaged
    in the business of landscaping, afforestation, road greening, scenic greening, garden engineering, landscaping construction, and
    green afforestation, especially in planting fast-growing bamboo willows and scenic greening trees. The operations of Guangyuan are
    located in the North regions of Mainland China, mostly carried out in Shanxi Province, where Guangyuan has developed over 350 acres
    of farmland for cultivating bamboo willows and other plants.

    ●
    Providing domestic air and overland freight forwarding services (“Freight
    services”), which are reclassified as discontinued operations:

    The operating company of this segment, Zhisheng Freight, is engaged
    in the business of providing domestic air and overland freight forwarding services by outsourcing these services to a third party.
    The Company merely serves as an agent and its obligation is to facilitate third-party logistic companies in fulfilling its performance
    obligation for specified freight services.

    40

    ●
    Developing, producing and distributing innovative rapid diagnostic
    products and related medical devices for the most common diseases (“Rapid diagnostic and other products”):

    The operating company of this segment, Biowin, specializes in the development,
    production and distribution of innovative rapid diagnostic products and related medical devices for the most common diseases. The
    operations of this segment are located in Jiangsu Province. Its products are sold not only in China but also overseas in countries
    such as Germany, Spain, Italy, Thailand, Japan and others.

    ●
    Producing, processing and distribution of agricultural products, such
    as silk and silk fabrics, as well as trading of fresh fruit (“Other agricultural products”):