Zhejiang pharmaceutical etc. have invested in Shanghai to establish a biotechnology company.

According to the QiChaCha app, Shanghai Ankerli Bio-Technology Co., Ltd. was recently established, with Qi Feng as the legal representative and registered capital of 1 million RMB. Its business scope includes wholesale and retail of cosmetics, sales of class I medical devices, health consultation services, lifestyle beauty services, medical beauty services, etc. Equity penetration data from QiChaCha shows that the company is wholly owned by Zhejiang Laiyi Bio-Medical Co., Ltd., which is jointly owned by Zhejiang Pharmaceutical and others.