Shineco, Inc. to Effect 50:1 Reverse Stock Split

Measure taken to Comply with Nasdaq Rule 5550(a)(2) Regarding Minimum Bid Price

BEIJING, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Shineco, Inc. (Nasdaq:SISI) ("Shineco" or the "Company"), a provider of innovative diagnostic medical products and related medical devices, today announced that the Company's Board of Directors has approved a 50:1 reverse stock split of the Company's issued and outstanding common stock, par value $0.001 per share (the "Common Stock") to be effective 12:01 a.m., Eastern Time, on August 11, 2025. The Company's Common Stock will continue to trade on the Nasdaq Capital Market LLC under the symbol "SISI" following the reverse stock split, with a new CUSIP number of 824567606. The Company expects its Common Stock to open for trading on a post-split basis on Nasdaq as of the commencement of trading on August 11, 2025.

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