{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-043323","form_type":"8-K/A","ticker":null,"cik":"0001300734","company_name":"SHINECO, INC.","filed_at":"2023-12-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.562745+00:00","generated_at":"2026-06-07T19:14:48.170527+00:00","sec_items":["9.01","2.01"],"event_type":"m_and_a","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Shineco files audited financials of acquired Dream Partner; FY2023 net loss of $512k vs prior-year profit","bullets":["Dream Partner revenue flat at ~$48.6M in FY2023 ending June 30, but net loss attributable of $511.7k vs $2.0M net income in prior year.","Gross profit fell from $4.0M to $1.2M, with cost of revenue rising to 97.5% of sales from 91.7%.","Total assets $23.5M, total liabilities $23.2M, shareholders' deficit $878k as of June 30, 2023.","Cash flow from operations improved to $1.9M in FY2023 from negative $948k in prior year.","Dream Partner is a BVI holding company with PRC subsidiaries engaged in silk and agricultural product trading."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-043323","json":"https://secwatch.observer/filing/0001493152-23-043323.json","markdown":"https://secwatch.observer/filing/0001493152-23-043323.md","text":"https://secwatch.observer/filing/0001493152-23-043323.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1300734/000149315223043323/0001493152-23-043323-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1300734/000149315223043323/form8-ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T19:14:48.170527+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1cf2f47cb252bf95836dfd353ed089c850d087a9","claim":"SHINECO, INC. completed an acquisition involving Dream Partner (closed 2023-09-19).","evidence_excerpt":"the Company consummated the Acquisition of Dream Partner on September 19, 2023.","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1300734/000149315223043323/0001493152-23-043323-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Dream Partner"},{"label":"Closing","value":"2023-09-19"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}