06:59 AM EDT, 08/20/2025 (MT Newswires) -- Shineco ( SISI ) said Wednesday it has executed a cellular asset on-chaining and marketing cooperation agreement with blockchain infrastructure provider Plus Me.

Shares of the company rose more than 26% in pre-bell Wednesday activity.

Financial terms of the deal were not disclosed.

Under the terms of the agreement, Plus ME will deploy digital custody of Shineco's ( SISI ) mesenchymal stem cells on the Ethereum network, allowing smart contracts to secure asset ownership rights using non-fungible digital identifiers for each cellular asset.

As part of the initiative, Shineco ( SISI ) said it has secured a controlling 51% stake in Xi'an Dong'ao Health Management, a cryogenic cell storage firm.

Price: 6.24, Change: +1.29, Percent Change: +26.06