During the corresponding time, Shineco Inc saw a revenue deteriorated by -96.56 % year on year, sequentially revenue fell by -98.07 %. While revenue at the Shineco Inc 's corporate clients
Shineco Inc's Comment on Sales, Marketing and Customers
The company produces and distributes traditional Chinese medicinal products, both manufactured internally and sourced from third parties. Ankang Longevity Group operates a factory specializing in decoction products, supplying wholesalers and pharmaceutical companies throughout China. The company cultivates and sells yew trees primarily to group and corporate clients and engages in the planting of bamboo willows and scenic greening trees in Shanxi Province. Domestic air and overland freight forwarding services are outsourced to a third party. Additionally, the company develops and distributes specialized fabrics, textiles, and health supplements derived from the Apocynum Venetum plant cultivated in Xinjiang, combining traditional Eastern medicine with modern techniques. This segment is managed through subsidiaries Tenet-Jove and Tianjin Tenet Huatai. Customers and markets referenced in company filings include Ankang Longevity Group, Beijing Tenet-Jove Technological Development Co., Ltd., Guangyuan, Qingdao Zhihesheng, Tenet-Jove, Tianjin Tenet Huatai Technological Development Co., Ltd., and Zhisheng Freight.
Shineco Inc’s Comment on Sales, Marketing and Customers
The company produces and distributes traditional Chinese medicinal products, both manufactured internally and sourced from third parties. Ankang Longevity Group operates a factory specializing in decoction products, supplying wholesalers and pharmaceutical companies throughout China. The company cultivates and sells yew trees primarily to group and corporate clients and engages in the planting of bamboo willows and scenic greening trees in Shanxi Province. Domestic air and overland freight forwarding services are outsourced to a third party. Additionally, the company develops and distributes specialized fabrics, textiles, and health supplements derived from the Apocynum Venetum plant cultivated in Xinjiang, combining traditional Eastern medicine with modern techniques. This segment is managed through subsidiaries Tenet-Jove and Tianjin Tenet Huatai. Customers and markets referenced in company filings include Ankang Longevity Group, Beijing Tenet-Jove Technological Development Co., Ltd., Guangyuan, Qingdao Zhihesheng, Tenet-Jove, Tianjin Tenet Huatai Technological Development Co., Ltd., and Zhisheng Freight.
Sources:
Shineco Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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