Shineco, Inc. announced that on January 13, 2023, the Company entered into a non-binding framework agreement with certain shareholders of Dream Partner Limited to acquire 80% equity interests of Dream Ltd., which indirectly owns 100% equity interests of Chongqing Wintus Group, which is a private company based in China that produces specialized antiviral silk fabric materials that can be widely used in the medical, hygiene, pharmaceutical and personal health fields.
January 17, 2023
· 8 min read