Shineco terminates CEO; shares rise
12/07/2021 22:09
** Shares in herbal medicines and hemp products maker
TYHT.O rise 12.2% to $7.3 in extended trade
** Co's board of directors terminated Chief Executive
Officer Ou Yang effective immediately (https://bit.ly/3e901P0)
** TYHT did not provide reason for termination; says it is
currently selecting a new CEO
** Yang took over as CEO in May after her predecessor,
Guocong Zhou, stepped down from his role urn:newsml:reuters.com:*:nGNX4tPB0B
** Stock up 113% YTD
(Reporting by Trisha Roy in Bengaluru)
((Trisha.Roy@thomsonreuters.com))
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