Luolai Life established a new company, including the business of selling daily necessities.

According to the data from the QiChaCha app, Shaoxing Laicui Household Textiles Co., Ltd. was recently established with Ma Kai Li as the legal representative. Its business scope includes sales of gifts and flowers, daily necessities, wholesale and retail of cosmetics, etc. According to the equity penetration displayed by QiChaCha, the company is indirectly wholly owned by Luolai Home.