The Shanshan brand established the Shuyu Clothing Company in Ningbo.

According to the Qichacha APP, recently, Ningbo Shuyu Apparel Co., Ltd. was established with a registered capital of 10 million yuan. Its business scope includes wholesale of sports goods and equipment, retail of sports goods and equipment, enterprise management consulting, outdoor product sales, etc. Through equity penetration of Qichacha, it is shown that the company is wholly owned by Shanshan Brands, which is owned 19.37% by Shanshan Group.