Management Confidence: Shineco Executives Launch up to $2M Open-Market Stock Purchase Program
Provided By GlobeNewswire
Last update: Jun 11, 2025
BEIJING, June 11, 2025 (GLOBE NEWSWIRE) -- Shineco, Inc. ("Shineco" or the "Company"; NASDAQ: SISI), a provider of innovative diagnostic medical products and related medical devices, today announced that Ms. Jennifer Zhan, the Company’s chief executive officer, and Mr. Sam Wang, the Company’s chief financial officer, will jointly initiate a stock purchase program (the “Stock Purchase Program”) to purchase up to $2,000,000 of the Company’s common stock, par value $0.001 per share (the “Common Stock”) at a price of up to $1.50 per share, reflecting their strong beliefs that the Common Stock is undervalued.
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