Why does Wuhan Bao Si Group want to sell?

A few years later, the sales of C-Bag Group once fell to 654.38+0.6 billion, almost to the point of loss. Seeing that the situation was not good, in order to prevent these brands from falling into their own hands, Liang Moumou reluctantly sold these brands to Beiersdorf Company.

Bao Si Group is an international group company registered in Hong Kong by Hong Kong industrialist Mr. Liang Moumou. It has many branches in China, Japanese, Canadian, French, Italian and other countries. Bao Si Group China is headquartered in Wuhan, Hubei.