Shineco, Inc. Announces Board and Committee Changes
September 09, 2021 at 04:05 pm
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On September 2, 2021, Harry Edelson, an independent member of the Board of Directors (the “Board”) of Shineco, Inc. (the “Company”) resigned from his directorship and all his positions from the committees of the Board, that is member of the Compensation Committee and member of the Audit Committee, effective immediately. Mr. Edelson’s resignation is not a result of any disagreement with the Company on any matter relating to its operations, policies or practices. On September 2, 2021, the Board appointed Mr. Hu Li to fill all the vacancies left by Mr. Edelson. Mr. Li was the chief supervisor of Anhui Yihai Mining Equipment Co. Ltd., a public company in China NEEQ Market since February 2018.
Shineco Inc is a holding company. The Company provides health and well-being focused plant-based products by using its subsidiaries' and variable interest entities' vertically and horizontally integrated production, distribution and sales channels. The Company operates through three 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; Producing, processing and distribution of agricultural products, such as silk and silk fabrics as well as fresh fruit s (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 tra
SHINECO, INC. 
