Shineco Inc. Enters Strategic Partnership with BICC to Boost Technology Development and Global Market Expansion

Reuters
Sep 12
Shineco Inc. Enters Strategic Partnership with BICC to Boost Technology Development and Global Market Expansion

Shineco Inc. has entered into a strategic partnership with BICC, marking a significant step in its two-pronged strategy of combining technology development with ecosystem synergy. The collaboration is set to boost Shineco's market presence both domestically and internationally, leveraging BICC's international channels. The deal, valued at $8.7 million, promises to enhance Shineco's short-term cash flow and long-term profitability, with payments tied to research and development milestones. This partnership aligns with Shineco's commitment to industrializing technology and expanding international partnerships, positioning the company for sustainable growth and delivering returns for shareholders. Regular updates on the contract's execution will be provided in line with NASDAQ disclosure rules.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shineco Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN72133) on September 12, 2025, and is solely responsible for the information contained therein.

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