Lai Group Holding Establishes New Subsidiary in Hainan

Reuters
Jan 15
Lai Group Holding Establishes New Subsidiary in Hainan

Lai Group Holding Co. Ltd. has announced the establishment of an indirect wholly-owned subsidiary, Hainan Gong Le Xiang Management Co., Ltd., as part of its efforts to seize opportunities arising from China's ageing population and to align with the "Healthy China 2030" national policy. The new subsidiary, established on December 11, 2025, is preparing to launch downstream channel store recruitment and related procurement activities. The company expects this new business initiative to become a new revenue source and contribute positively to its long-term development. However, Lai Group emphasized that no formal or legally binding agreements have been entered into regarding this new business as of the date of the announcement.

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