Guan Chao Holdings Limited (Stock Code: 1872) reported an important development in its newly established hair product business. GROLAND Inc., a wholly owned subsidiary of BetaMind (which is also wholly owned by the company), has obtained a Certificate of Cosmetic Product Listing from Zoop Technical Service (SZ) Co., Ltd. for “Groland AquaKine Scalp Serum.” This listing confirms that the product complies with the requirements of the U.S. Food and Drug Administration (FDA) under the Modernization of Cosmetics Regulation Act of 2022.

In addition, GROLAND Inc. completed the U.S. Cosmetic Ingredient Review (INCI) registration process for its active compounds XTP-118 and XTP-016. This achievement supports the company’s strategy to expand internationally by verifying the safety and regulatory status of its ingredients. Having satisfied the FDA’s registration requirements and the INCI review process, the company intends to leverage this milestone as a foundation for further brand promotion and global business growth.

The board will continue to monitor relevant developments and make further announcements when appropriate.