Brief: Shineco Inc Intends To Acquire A Controlling Interest Of Xiang Peng You Kang Technology Co Ltd

Shineco

03/12/2021 14:08

Dec 3 (Reuters) - Shineco Inc  SISI.O :
    * SHINECO, INC. INTENDS TO ACQUIRE A CONTROLLING INTEREST OF
XIANG
PENG YOU KANG (BEIJING) TECHNOLOGY CO., LTD., A HEALTHCARE
SERVICES COMPANY
    * SHINECO INC -  ON NOVEMBER 18, ENTERED INTO NON-BINDING
FRAMEWORK AGREEMENTS TO ACQUIRE AT LEAST 51% EQUITY INTEREST OF
XPYK
    * SHINECO INC - FINAL PURCHASE PRICE WILL BE SEPARATELY
DETERMINED
BASED ON EVALUATION REPORT ISSUED BY A THIRD PARTY

Source text for Eikon:  ID:nGNX4F6pt2 
Further company coverage:  SISI.O 

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