Company: SISI
Filing Date: 2025-02-18
Form Type: S-1
Source: 0001493152-25-007187
Chunk: 72

Company: SHINECO, INC.
Filing Date: 2025-02-18
Form: S-1
Chunk 72
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, China adopted a licensing system for pollutant discharge. Companies directly or indirectly responsible for discharge of industrial waste water or medical sewage to waters shall be required to obtain a pollutant discharge license. All companies are prohibited from discharging wastewater and sewage to waters without or in violation of the terms of the pollutant discharge license.

The Regulations on the Administration of Construction Projects Environmental Protection governs construction projects and the impact such projects will have on the environment. Pursuant to the Regulations on the Administration of Construction Projects Environmental Protection, the governing body is responsible for supervising the implementation of a three tiered system that includes (i) reviewing and approving a construction project, (ii) overseeing the construction project and (iii) to inspect the finished construction project and ensure that all harmful pollutants are disposed of correctly. Manufacturing companies are required to apply for inspection with environment protection authorities upon completion of a construction project.

<div align='center'>USE OF PROCEEDS</div>

All shares of our common stock offered by this prospectus are being registered for the account of the Selling Stockholders. We will not receive any of the proceeds from the sale of these shares. We have agreed to pay all costs, expenses and fees relating to the registration of the shares of our common stock covered by this prospectus. We expect that the selling stockholders will sell their shares of common stock as described under “Plan of Distribution.”

<div align='center'>SELLING STOCKHOLDERS</div>

The shares of common stock being offered by the Selling Stockholders are those previously issued to the Selling Stockholders. We are registering the shares of common stock in order to permit the Selling Stockholders to offer the shares for resale from time to time. Except for the ownership of the shares of common stock, the Selling Stockholders has not had any material relationship with us within the past three years. To our knowledge, none of the Selling Stockholders is an affiliates of any broker-dealer registered in the United States.

The table below lists the Selling Stockholders and other information regarding the beneficial ownership of the shares of common stock owned by each of the Selling Stockholders. The second column lists the number of shares of common stock beneficially owned by the Selling Stockholders, based on its ownership of the shares of common stock, as of February 18, 2025, and the third column lists the percentages of shares of common stock owned by each Selling Stockholder as of the same date.

The fourth column lists the shares of common stock being offered by this prospectus by each of the Selling Stockholders