Lai Yi Fen establishes a food company, including the sale of agricultural and sideline products.

According to the Qichacha APP, Shanghai Chanxiangjia Food Co., Ltd. was recently established, with Yu Ruifen as the legal representative and a registered capital of 1 million yuan. Its business scope includes: food sales; tobacco product retail; online food sales; brand management; cosmetics retail; agricultural and sideline product sales; fresh meat retail, etc. According to Qichacha's equity penetration, the company is indirectly fully owned by Laiyifen.