Company: SISI
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006895
Chunk: 174

Company: SHINECO, INC.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 2
Chunk 174
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 rapid diagnostic products and related medical devices for the most common diseases, we also stepped into the Point-of-Care
Testing industry. Also, following the acquisition of Wintus, we entered into a new business segment of producing, processing and distributing
agricultural products, such as silk, silk fabrics and fresh fruit. Meanwhile, our subsidiary, Fuzhou Meida, opened its restaurant, which
is a health-oriented chain restaurant that focuses on the concept of “improving metabolism through diet.” As of December
31, 2024, the Company, through its subsidiaries, operates the following main business segments:

Developing,
producing and distributing innovative rapid diagnostic products and related medical devices for the most common diseases (“Rapid
diagnostic and other products”): - This segment is conducted through Biowin, which 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 countries such as Germany, Spain,
Italy, Thailand, Japan and other countries.

46

Producing,
processing and distribution of agricultural products, such as silk and silk fabrics as well as fresh fruits (“Other agricultural
products”): – This segment is conducted through Wintus, which specializes in producing, processing and distribution
of agricultural products, such as silk and silk fabrics as well as trading of fresh fruit. The operations of this segment are located
in Chongqing, China. Its products are sold not only in China, but also overseas countries such as United States, Europe (Germany, France,
Italy, Poland), Japan, South Korea, and Southeast Asia (India, Thailand, Indonesia, Bangladesh, Cambodia), among other countries and
regions. In addition to silk products, Wintus also engages in 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”): – This segment is conducted through Fuzhou Meida, which 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