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

Reuters
2025.09.12 13:30
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Shineco Inc. has formed a strategic partnership with BICC to enhance technology development and expand its global market presence. Valued at $8.7 million, the collaboration aims to improve Shineco's cash flow and profitability, with payments linked to R&D milestones. This initiative supports Shineco's goal of industrializing technology and fostering international partnerships, ensuring sustainable growth and shareholder returns. Updates on the partnership will be shared according to NASDAQ disclosure rules.