Shanghai Yuhua Biotech Development Co., Ltd. ("Yuhua Bio") was established in 2021 and is located in the World Center of Hongqiao, Shanghai. Registered capital of 50 million, is a joint venture of Anhui Huilong Agricultural Group Co., Ltd., a joint venture of Anhui Province Supply and Marketing Co-operative Co., Ltd., the group headquarters will invest 500 million yuan to build cosmetics and medical beauty two major technology platforms, to build a large health, life sciences as the core, set research and development, production and sales in one of the enterprise system, layout in Shanghai, Anhui, Hainan and other regions, planned to be listed in 6-8 years. In the future, the company will set up Huilong Research Institute in Shanghai Fengxian Park, set up a special product research and development center and laboratory, and constantly increase investment in scientific research, the development of high-end, advanced technology products, with high innovation ability, high development standards, high-quality services to shape a strong brand, become the industry leader.