On July 12, 2024, Shanchun Huang announced that he has had and anticipates having further discussions with officers and directors of Shineco, Inc. in connection with his investment in the Company. The topics of these conversations will cover a range of issues, including those relating to the business, management, operations, capital allocation, asset allocation, capital and corporate structure, distribution policy, financial condition, mergers and acquisitions strategy, overall business strategy, executive compensation, and corporate governance.