The company is one of the national enterprises with a long history in the daily cosmetics industry in China. Its predecessor was Hong Kong Guangsheng Bank, founded in 1898, and listed on the Shanghai Stock Exchange in 2001, making it the first listed company in the domestic industry. In 2011, the company took the lead in implementing shareholding system reform among Shanghai state-owned enterprises and became a mixed ownership enterprise, and Ping An Insurance (Group) Co., Ltd. of China became the controlling shareholder. The company is mainly engaged in R&D, production and sales of daily chemical products. The company's main brands include Rikushin, Tamazawa, Hyakusaji, and Mikajo. Corporate honors: The company has won awards such as “Chief Responsible Officer”, national high-tech enterprise certification, etc., and won the honorary title of National Enterprise Intellectual Property Demonstration Enterprise and the title of Yangtze River Delta National Joint Innovation Center.