Edison Baldwin November 27, 2020
Shineco Inc. [NASDAQ: TYHT] gained 35.93% or 4.29 points to close at $16.23 with a heavy trading volume of 5054673 shares. The company report on May 4, 2021 that Shineco, Inc. Proposes to Acquire 51% Equity Interests in Mayah Biological Holdings Limited.
Shineco, Inc. (“Shineco” or the “Company”; NASDAQ: TYHT), a producer and distributor of Chinese herbal medicines, organic agricultural and hemp products, announced the Company and Mayah Biological Holdings Limited (“Mayah Biological”), a British Virgin Islands Company headquartered in Taiwan Biomedical Park, had signed a Proposal for Purchase of Equity Interest of Mayah Biological Holding Limited (the “Proposal”), with respect to the potential purchase of at least 51% equity interests in Mayah Biological by the Company.
At the end of the latest market close, Shineco Inc. (TYHT) was valued at $11.94. In that particular session, Stock kicked-off at the price of $11.45 while reaching the peak value of $11.99 and lowest value recorded on the day was $10.40. The stock current value is $14.11.
Recently in News on May 4, 2021, Shineco, Inc. Proposes to Acquire 51% Equity Interests in Mayah Biological Holdings Limited. Shineco, Inc. (“Shineco” or the “Company”; NASDAQ: TYHT), a producer and distributor of Chinese herbal medicines, organic agricultural and hemp products, today announced the Company and Mayah Biological Holdings Limited (“Mayah Biological”), a British Virgin Islands Company headquartered in Taiwan Biomedical Park, had signed a Proposal for Purchase of Equity Interest of Mayah Biological Holding Limited (the “Proposal”), with respect to the potential purchase of at least 51% equity interests in Mayah Biological by the Company. You can read further details here