Recently, Perfect Group Corp issued a statement, announcing the company’s intention to strategically invest RMB 212 million yuan (USD $29.5 million) through equity transfer and capital increase in Thankcome. Established in 2016, Thankcome is a high-tech enterprise focused on the research, production, and sales of the entire industry chain of microbial probiotics. Currently, it has an annual production capacity of 40 tons of probiotic raw material powder and 400 tons of probiotic formulations and related products, with 36 Chinese invention patents. As a leading brand in the domestic oral care products industry, Perfect Group Corp is anticipating significant opportunities in the probiotic oral health market. (Source: FoodTalks)
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