According to the Tianyancha App, on May 25, Hainan First-line Big Coffee Technology Co., Ltd. was established, with the legal representative Wang Bei, with a registered capital of 10 million yuan, and its business scope includes cosmetics retail; health consulting service advertising production; and first-class medical device sales. Shareholder information shows that the company is wholly owned by Beijing New Oxygen Sooyang Investment Management Co., Ltd. (hereinafter referred to as New Oxygen Investment).
