BEIJING, Aug. 13, 2025 — Shineco Inc. (NASDAQ: SISI), a manufacturer of induced pluripotent stem cell (iPSC) technology platforms, announced the establishment of a Biological Cell Digital Business Division (the “Division”), and the appointment of Mr. Lin Hongguang as General Manager, to advance the integration of its biological cell assets and blockchain technology. Through a new architecture of blockchain-based cell assets, Shineco aims to build a vertical ecosystem within the biological cell sector, accelerate the global distribution of biological cell products and boost global sales.
The Division is expected to use blockchain technology to build an efficient ecosystem for managing and leveraging biological cell assets. Its primary goals are (1) to promote the standardized management of biological cell assets; to establish an induced pluripotent stem cells (“IPSC”) cell bank; to achieve blockchain-linking; to establish compliance frameworks so that biological cell assets can be clearly traced and securely confirmed; and (2) to develop supporting industry blockchain tools such as equity transfer mechanisms to address the problem of the low efficiency of cell asset circulation.
The work to be undertaken by the Division is anticipated to allow medical and research institutions to allocate resources more flexibly, and it is contemplated to lower the threshold for users to obtain services through flexible payments and other methods. In addition, the Company believes it will streamline the connection between service interfaces and storage appointments, create cross-institutional research collaborations, enhance health data management and introduce artificial intelligence (“AI”) tools to optimize the service experience. A key goal of this new business initiative is to make cell technology services more accessible to global users.
Mr. Lin Hongguang, formerly Chief Researcher at the Korea Digital Currency Research Institute, has extensive experience in the blockchain and digital asset industries, providing strategic, economic modeling, and listing advisory services to numerous Web3 projects. Mr. Lin specializes in digital asset compliance, token design and international implementation, and has extensive international market resources. As General Manager, Mr. Lin will oversee the Division’s strategic planning, daily operations, and team building. In addition, Mr. Lin’s responsibilities include developing standards for on-chain cell asset listings, expanding global ecosystem collaborations, promoting the implementation of service scenarios, facilitating compliance filings, and ultimately contributing to the establishment of a global distribution network for biological cell products.
“Bio-cell technology is a core driving force of the ‘big health’ industry, but the industry currently faces challenges such as low global circulation efficiency, difficulty in cross-regional collaboration, and high user service thresholds,” said Jennifer Zhan, CEO of Shineco. “We established the Biological Cell Digital Division precisely to break through these bottlenecks through a cell asset chain model. We believe this will not only enable people to more easily access cell technology services but also promote a significant increase in the global market share of Shineco’s biological cell products as well as create long-term value for our shareholders. We view this endeavor as a core element of our corporate growth plan, and it represents a strategic investment in the future of the industry.”
About Shineco, Inc.
Shineco, Inc. (“Shineco” or the “Company”) aims to “focus on healthy living and improve the quality of life” by providing safe, efficient and high-quality health and medical products and services to society. The Company’s core business encompasses induced pluripotent stem cell (iPSC) technology platforms and extracellular vesicle-derived products.
