Shineco and Plus Me Sign Cooperation Agreement
Partnership Announcement: Shineco has entered into a cooperation agreement with Plus Me Limited to create a blockchain-based ecosystem for tokenizing biological cellular assets.
Blockchain Implementation: The partnership will facilitate global transfers and standardized custody of mesenchymal stem cells using the Ethereum mainnet, ensuring secure ownership through smart contracts.
Asset Traceability: Each cellular asset will receive a non-fungible digital identifier, enhancing traceability and compliance via cryptographic enforcement and on-chain hashing.
Strategic Acquisition: Shineco has acquired a 51% stake in Xi'an Dong'ao Health Management, which specializes in cryogenic cell storage, providing essential off-chain infrastructure for token redemption.
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