Lai Group Holding Establishes New Subsidiary in Hainan

Reuters
2026.01.15 12:27
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Lai Group Holding Co. Ltd. has established a new wholly-owned subsidiary, Hainan Gong Le Xiang Management Co., Ltd., to capitalize on opportunities from China's ageing population and align with the "Healthy China 2030" policy. The subsidiary, created on December 11, 2025, will focus on downstream channel store recruitment and procurement activities, aiming to generate new revenue. However, no formal agreements have been made regarding this initiative as of the announcement date.