Shineco, Inc. Retains Ascent Investor Relations LLC

Shineco, Inc. ("Shineco" or the "Company"; NASDAQ: TYHT), a producer and distributor of Chinese herbal medicines, organic agricultural produce, specialized textiles, and other health and well-being focused plant-based products in China, today announced that the Company has retained Ascent Investor Relations LLC ("AIR"), a leading full service investor relations (IR) and corporate communications firm, as the Company's external investor relations advisor.

Mr. Yuying Zhang, Chairman and Chief Executive Officer of Shineco, Inc., commented, "We are excited to partner with Ascent Investor Relations LLC, which allows us to capitalize on AIR's professional experience and their deep understanding of the biotechnology industry to communicate Shineco's unique market position, business strategy and financial performance to the capital markets. The collaboration will further enhance our ability to connect with our shareholders. We truly believe AIR will be a remarkable asset to our investor relations and communications efforts. We look forward to implementing our investor relations practice that we believe will have Shineco well positioned for the future development." 

Founded in 2014, Ascent Investor Relations LLC is a full service investor relations and corporate communications firm serving private companies, pre-IPO, and public companies across all industries in the U.S. stock market. AIR, with its headquarters in New York, is composed of highly experienced communication experts and Wall Street professionals with extensive expertise in areas such as investment banking, institutional sales, equity research, investor relations, communications, media relations and business journalism.

About Shineco, Inc.

Incorporated in August 1997 and headquartered in Beijing, China, Shineco, Inc. ("Shineco" or the "Company") is a Delaware holding company that uses its subsidiaries' and variable interest entities' vertically- and horizontally-integrated production, distribution and sales channels to provide health and well-being focused plant-based products in China. Utilizing modern engineering technologies and biotechnologies, Shineco produces, among other products, Chinese herbal medicines, organic agricultural produce and specialized textiles.