424b5 1 f424b5122018a1_shinecoinc.htm amendment no. 1 to prospectus supplement amendement no. 1 dated january 2, 2019 toprospectus supplement dated september 27, 2018(to the prospectus dated december 12, 2017)filed pursuant to rule 424(b)(5)registration no. 333-221711 up to 4,046,814 shares of common stock this amendment no. 1 to prospectus supplement amends the prospectus supplement dated september 27, 2018. this amendment to prospectus supplement should be read in conjunction with the prospectus supplement dated september 27, 2018 and the prospectus dated december 12, 2017, each of which are to be delivered with this amendment to prospectus supplement. this purpose of amendment no. 1 to prospectus supplement is being filed for the purpose of disclosing, among other things, the following: operating information, including the status of the offering, selected financial data, distribution information, dilution information, prospectus supplement summary. otherwise, all terms of the securities remain as stated in the prospectus supplement. pursuant to this prospectus supplement and the accompanying prospectus, shineco, inc. (the “company”, “we” or “us”) is offering up to 4,046,814 shares of our common stock, par value $0.001 per share, directly to selected investors (the “offering”). we will receive gross proceeds of approximately up to $2,409,114 from the offering. shares of our common stock are currently traded on the nasdaq capital market under the symbol “tyht”. on december 28, 2018, the closing sale price of our common stock was $0.59 per share. as of december 28, 2018, the aggregate market value of our outstanding common stock held by non-affiliates is approximately $9,066,023, based on 22,871,772 shares of outstanding common stock, of which approximately 15,366,141 are held by non-affiliates, and a per share price of $0.59 based on the closing sale price of our common stock on december 28, 2018. the aggregate market value of securities sold by or on our behalf pursuant to instruction i.b.6 of the general instructions to form s-3 during the period of 12 calendar months immediately prior to and including the date of this prospectus supplement, does not exceed one-third of the aggregate market value of our voting and non-voting common stock held by our non-affiliates. we did issue 200,000 shares of our common stock to an investor as consideration for entering into a certain common stock purchase agreement dated january 23, 2018 (the “commitment shares”), as set forth in our prospectus supplement dated december 12, 2017, as filed with the securities and exchange commission on january 26, 2018, with a market value of such sale at $434,000. we also issued 1,637,700 shares of our common stock to a select group of investors pursuant to a securities purchase agreement dated september 27, 2018, as set forth in our prospectus supplement dated and filed with the securities and exchange commission on september 27, 2018. investing in our securities involves a high degree of risk. see “risk factors” beginning on page s-4 of this prospectus supplement and on page 3 of the accompanying prospectus and the risk factors contained in the documents incorporated by reference herein for a discussion of certain risks that should be considered in connection with an investment in our securities. neither the securities and exchange commission nor any state securities commission has approved or disapproved of these securities or determined whether this prospectus supplement or the accompanying prospectus is truthful or complete. any representation to the contrary is a criminal offense. per share total offering price per share of common stock $1 $2,409,114 proceeds to us, after estimated expenses, for the common stock 1 $2,409,114 the date of this amendment no. 1 to prospectus supplement is january 2, 2019. table of contents table of contents amendment no. 1 to prospectus supplement about this prospectus supplementiicautionary statement regarding forward-looking statementsiiiprospectus supplement summarys-1risk factorss-4use of proceedss-7dividend policys-7dilutions-8description of securitiess-8plan of distributions-8expertss-8where you can find more informations-8incorporation of certain information by references-9 prospectus page prospectus summary1risk factors3disclosure regarding forward-looking information19use of proceeds19determinaiton of offering price19dilution19selling security holders19description of securities to be registered20plan of distribution30legal matters32experts32where you can find additional information32 information incorporated by reference32 i table of contents about this prospectus supplement on november 21, 2017, we filed with the securities exchange com