Company: SISI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010889
Chunk: 63

Company: SHINECO, INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 63
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 expenses from continuing
operations of US$65,265 and US$60,164 for the nine months ended March 31, 2025 and 2024, respectively. The annual weighted average interest
rates from continuing operations were 14.5% and 15.0% for the nine months ended March 31, 2025 and 2024, respectively. The Company recorded
interest expenses from continuing operations of US$16,916 and US$29,917 for the three months ended March 31, 2025 and 2024, respectively.
The annual weighted average interest rates from continuing operations were 14.5% and 15.0% for the three months ended March 31, 2025 and
2024, respectively.

    33

Short-term bank loans

Short-term bank loans consisted of the following:

 SCHEDULE OF SHORT TERM BANK LOANS

    Lender 
    March 31, 2025  
    Maturity Date 
    Int. Rate/Year 

    Jiangnan Rural Commercial Bank(a) 
    $413,344  
    2025/5/21 
     4.65%

    Bank of Jiangsu(b) 
     405,904  
    2025/1/20 
     4.00%

    Bank of China(c) 
     406,455  
    2024/6/26 
     4.90%

    United Overseas Bank(d) 
     9,227,642  
    April 2025 - September 2025 
     3.85%-4.10%

    Industrial and Commercial Bank of China 
     413,344  
    2025/6/20 
     3.75%

    Bank of China(e) 
     482,234e 
    2026/2/8 
     2.80%

    Chongqing Rural Commercial Bank(f) 
     1,308,922  
    2026/2/9 
     4.30%

    Industrial and Commercial Bank of China(g) 
     688,906  
    2025/9/20 
     3.10%

    Total short-term bank loans 
     13,346,751  

    Less: short-term bank loans, held for discontinued operations 
     (12,121,049) 

    Short-term bank loans, held