It's because Shangmei Rosa was badly managed and suffered from constant acquisitions, which gradually faded out of the market. Shangmei Rosa, produced by Guangzhou Kerun Biocosmetics Co., Ltd. (formerly known as Guangzhou Oulumei Biotechnology Co., Ltd.), was established in 212 and located in Guangzhou, Guangdong Province. It is an enterprise mainly engaged in wholesale industry. The registered capital of the enterprise is RMB 5 million, and the paid-in capital is RMB 1 million. Wholesale of chemical products (except dangerous chemicals). Wholesale of sanitary toilet equipment and appliances. Daily utensils and daily groceries wholesale. Sales of disinfection products (except for projects involving licensed operation). Internet commodity sales (except for licensed and approved commodities). Wholesale of cleaning products. Operation of non-licensed medical devices. Retail of cosmetics and sanitary products. Wholesale trade of commodities (except for licensed and approved commodities). Biotechnology development services. Cosmetic manufacturing. Technology import and export. Import and export of goods (except those exclusively controlled). Wholesale of cosmetics and sanitary products. Life cleaning and disinfection services. Sanitary ware retail. Retail of medical supplies and equipment (excluding drugs and medical equipment).