SAI Sunshine Agri Tech Inc

Sunshine Agri-Tech Inc. (TSX VENTURE:SAI) ("Sunshine Agri-Tech" or the
"Company") is pleased to announce that it has signed a production and research
and development agreement (the "Agreement") with Jilin University.


Under the agreement, Jilin University, one of China's most prestigious
universities, will provide Sunshine Agri-Tech with access to its new feed
production line for the production and sale of bio-feed products. This new
production line is highly automated and has a capacity of 30,000 tonnes per
year. Based on the Company's existing capacity of 10,000 tonnes per year, this
agreement will triple the capacity of infeedmill production.


The agreement also provides for cooperation in research and development in the
areas of animal husbandry, livestock feed development and a veterinary science
under the Faculty of Agriculture. 


"We are extremely pleased with the opportunity to carry out production and
research and development in bio-feed in cooperation with the Faculty of
Agriculture of Jilin University," stated Baojun Zhang, Sunshine Agri-Tech CEO.
"In addition to removing our capacity constraints in production of Bio-Feed,
this agreement will provide us access to Jilin University's research experts and
the experimental conditions to help us to develop new technologies and new
products."


About Sunshine Agri-Tech Inc.:

Sunshine Agri-Tech Inc. (TSX VENTURE:SAI) is a public company listed on the TSX
Venture exchange. The Company is engaged in the research, development,
production and sales of bio-feed, microbial feed additives and related products
that aim to improve the health and performance of animals. The Company's line of
products include: (a) bio-feed; and, (b) microbial feed additives. The Company
currently sells its products throughout China and Japan, and is beginning
expansion into Southeast Asia. The Company is based in the city of Dalian in the
Peoples Republic of China.


On Behalf of the Board of Directors

SUNSHINE AGRI-TECH INC. 

Baojun Zhang, PhD 

FORWARD-LOOKING STATEMENTS: This press release contains forward-looking
statements, which address future events and conditions, which are subject to
various risks and uncertainties. The Company's actual results and financial
position could differ materially from those anticipated in such forward-looking
statements as a result of numerous factors, some of which may be beyond the
Company's control. These factors include: results of exploration activities and
development of mineral properties, fluctuations in the marketplace for the sale
of minerals, the inability to implement corporate strategies, the ability to
obtain financing, currency fluctuations, general market and industry conditions
and other risks disclosed in the Company's filings with Canadian Securities
Regulators. 


Forward-looking statements are based on the expectations and opinions of the
Company's management on the date the statements are made. The assumptions used
in the preparation of such statements, although considered reasonable at the
time of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements. The Company expressly
disclaims any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or otherwise.

Sunshine Agri Tech (TSXV:SAI)
Gráfica de Acción Histórica
De Abr 2024 a May 2024

Sunshine Agri Tech (TSXV:SAI)
Gráfica de Acción Histórica
De May 2023 a May 2024