Recently, Bloomage Biotech (Weihai) Co., Ltd. was established, with Zou Songyan as the legal representative and a registered capital of RMB 20 million (approximately USD 2.75 million). The company’s business scope includes wholesale and retail of cosmetics, sales of Class II medical devices, research and development of extraction, purification, and synthesis technologies for marine bioactive substances, and sales of health foods (pre-packaged).
Equity penetration data from Qichacha shows that the company is jointly owned by Bloomage Biotech and Runhui Biotechnology (Weihai) Co., Ltd.
(Source: eeo.com.cn)
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