STOCK TITAN

Shineco, Inc. - SISI STOCK NEWS

Welcome to our dedicated page for Shineco news (Ticker: SISI), a resource for investors and traders seeking the latest updates and insights on Shineco stock.

Shineco, Inc. (NASDAQ: SISI) is a prominent player in the healthcare industry, focusing on developing and providing high-quality health products and services. Based in Bencroft Dassels Braughing, Ware, United Kingdom, Shineco aims to enhance the quality of life through safe and efficient health solutions. The company operates through its various subsidiaries, including Fuzhou Medashan Biotechnology Co., Ltd. and Kaifeng Yixi Biotechnology Co., Ltd.

Shineco has made significant strides in the realm of medical technology. To date, it has successfully researched and developed over 33 vitro diagnostic reagents and related medical devices. In addition to medical products, the company also produces and sells nutritious food, contributing to overall health and well-being.

One of the notable achievements of Shineco is the invention of a new natural, active water-soluble phospholipid product extracted from soybean gum. This innovation utilizes pure physical extraction technology, a breakthrough that overcomes many limitations of traditional chemical extraction methods. This method avoids using chemical solvents, thus preserving the natural structure and activity of phospholipids.

The new product boasts high hydrophilicity, activity, purity, and human absorption efficiency. This groundbreaking technology promises to deliver high-quality phospholipids for various applications, including medical, functional foods, and beauty products. The first batch of these products was put into production in April 2024 at the Kaifeng production base.

Shineco's commitment to innovation is evident in its aim to tackle global challenges related to cellular nutrition. By providing natural active phospholipids, the company addresses issues related to cell health and nutrition, which are foundational to overall health.

In line with its vision, Shineco aims to establish a core value chain focusing on drugs, functional foods, and beauty products. The company projects that annual sales revenue from these efforts will reach $1 billion within three years.

For more information, visit Shineco's website at www.biosisi.com.

Rhea-AI Summary

Shineco, Inc. announces the development of a revolutionary natural active water-soluble product extracted from soybean gum. This breakthrough technology aims to provide high-quality phospholipids essential for cell health and function. The product is set to address global nutritional deficiencies and offer diverse applications in medicine, functional foods, and beauty products.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.43%
Tags
none
-
Rhea-AI Summary
Shineco, Inc. (SISI) has regained compliance with the Nasdaq minimum bid price requirement, with its common stock price being at least $1.00 per share for 15 consecutive business days. The company received formal notice from Nasdaq confirming compliance, signaling positive news for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.04%
Tags
none
-
Rhea-AI Summary
Shineco, Inc. announces a 1-for-10 reverse stock split to comply with Nasdaq's minimum bid price requirement, effective February 16, 2024. The split will not affect ownership interests or voting power.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.34%
Tags
Rhea-AI Summary
Shineco, Inc. (NASDAQ: SISI) appoints Ms. Xiaohui Wang as Executive President and Mr. Chi Keung Yan as Chief Strategy Officer. Ms. Wang brings extensive experience in textiles and silk fabric development, while Mr. Yan has a background in corporate restructuring and market development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.83%
Tags
management
-
Rhea-AI Summary
Shineco, Inc. announces the opening of its first carry-out restaurant, 'Meida Nutritionary Restaurant', which will sell Shineco's new healthy and nutritious food brand. The restaurant is located in Fuzhou City, China. This marks Shineco's entry into the healthy food market, expanding its operations in the field of life sciences.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.93%
Tags
none
-
Rhea-AI Summary
Shineco, Inc. plans to increase R&D of silk protein applications in healthcare and medical fields after acquiring a majority stake in Dream Partner. The integration is expected to create synergies for new specialized medical products. Shineco will explore the application of silk protein in medical dressings and textiles, focusing on high-value products. The company will also strengthen its global sales network and utilize production facilities worldwide for efficient production and supply. Shineco aims to develop mulberry silk raw materials for high-tech applications such as antibacterial masks and silk-based photoresists.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.14%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.87%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.62%
Tags
none
Rhea-AI Summary

Shineco, Inc. (NASDAQ: SISI) recently announced that its Cardiac 5-Minute Test has successfully passed quality inspection by China's NMPA, a significant milestone for its marketing in China. This test, developed by Shineco's subsidiary Biowin, is designed to quickly detect early-stage myocardial infarction, providing results in under 5 minutes, compared to over 20 minutes for existing tests. The NMPA's thorough evaluation focused on sensitivity, specificity, accuracy, and stability. Shineco aims to leverage this breakthrough in the Point-of-Care Testing market, which has a global potential of $3.5 billion.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.64%
Tags
none

FAQ

What is the current stock price of Shineco (SISI)?

The current stock price of Shineco (SISI) is $2.28 as of December 24, 2024.

What is the market cap of Shineco (SISI)?

The market cap of Shineco (SISI) is approximately 4.0M.

What is Shineco, Inc.?

Shineco, Inc. (NASDAQ: SISI) is a healthcare company focused on developing high-quality health and medical products.

What recent innovations has Shineco introduced?

Shineco has introduced a new natural, active water-soluble phospholipid product extracted from soybean gum using groundbreaking pure physical extraction technology.

Where is Shineco based?

Shineco is based in Bencroft Dassels Braughing, Ware, United Kingdom.

How many diagnostic reagents has Shineco developed?

Shineco has developed over 33 vitro diagnostic reagents.

What are the applications of Shineco's new phospholipid product?

The new phospholipid product can be used in medical treatments, functional foods, and beauty products.

When was the first batch of the new phospholipid product produced?

The first batch was produced in April 2024.

What does Shineco aim to achieve with its innovations?

Shineco aims to enhance quality of life by providing safe, efficient, and high-quality health products and services.

What is the expected revenue from Shineco's new product lines?

Shineco expects to reach annual sales revenue of $1 billion within three years.

How does Shineco's extraction technology benefit consumers?

Shineco's pure physical extraction technology preserves the natural structure and activity of phospholipids, ensuring high-quality, safe products.

Where can I find more information about Shineco?

More information is available on Shineco's website at www.biosisi.com.

Shineco, Inc.

Nasdaq:SISI

SISI Rankings

SISI Stock Data

3.95M
1.54M
2.86%
Farm Products
Consumer Defensive
Link
United States of America
CHAOYANG DISTRICT, BEIJING,