According to business information, Perea Investment Co., Ltd., a wholly-owned subsidiary of Perilla, pledged 19% of the shares of Shanghai Kedai Biotechnology Co., Ltd. for 3.132,100 yuan, making it the second largest shareholder of the latter. Kodai Biotech is the parent company of the effective skincare brand Lifelong Research. The founder's shareholding ratio dropped to 47.06% and still maintains control. Lifelong Research was founded in 2016 and is positioned as an “effective skincare brand”. Representative products include salicylic acid freeze masks, etc. This is the second beauty brand Perea Hainan has invested in after becoming aware of it. It is also another important capital move by Perea in the past year.

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