Shanghai Meilan Bankruptcy Liquidation Ends: How Did the Once-Iconic “National Face Cream” Become Insolvent? — BigGo Finance
Shanghai Meilan Cosmetics Co., Ltd., which once swept across China with its iconic tin-box face cream, has officially completed the final stage of bankruptcy liquidation. According to a ruling issued by the Shanghai Pudong New Area People’s Court, the legacy daily chemical enterprise had only 95,800 yuan (approximately $14,200) in disposable book assets, while confirmed…

