Xiangpiaopiao Sets Up Hangzhou Lanfangyuan Food Sales Unit With RMB 5 Million Capital

Hangzhou Lanfangyuan Food Sales Co., Ltd. was recently established with registered capital of RMB 5 million, according to 36Kr. Tianyancha data shows the company’s legal representative is Jiang Jianqi, and its business scope includes vending machine sales and food sales. The new entity is wholly owned by Lanfangyuan Food Co., Ltd., a subsidiary of Xiangpiaopiao.