Needle, a new supply chain subsidiary, has been established.

According to the Enterprise Check app, recently, Liuzhou Needle Supply Chain Co., Ltd. was established with Xiong Jianfeng as the legal representative and a registered capital of 2 million yuan. Its business scope includes supply chain management services, daily necessities sales, cosmetics retail, cosmetics wholesale, etc. Equity penetration data from Enterprise Check shows that the company is fully owned by Two Needles.