THE WHAT? Chinese regulators have frozen assets belonging to Shanghai Dowell, owner of cosmetics brand Tin’Secret, valued at approximately CNY600 million, according to a report published by Nikkei Asia.
THE DETAILS Owned by celebrity Zhang Ting and her husband Kevin Lin Ruiyang, the company is thought to have some 10 million agents across China. Details of the allegations bought against the company are being kept under wraps with Nikkei Asia suggesting that investigations of this genre usually center on whether representatives are paid more for recruiting others or product sales.
THE WHY? The move is said to be part of a wider crackdown on influencers by Chinese authorities. Dowell said in a statement that it is operating ‘normally’ and has paid taxes in accordance with the law, per Nikkei Asia.
Aesthetic injectable companies refer to businesses or companies that specialize in manufacturing, distributing, or providing aesthetic injectable products and services. These companies focus on developing and supplying injectable substances used for cosmetic purposes, typically administered by qualified medical professionals. Aesthetic injectable companies play a crucial role in the field of aesthetic medicine and cosmetic dermatology by offering a variety of injectable products designed to enhance facial features, reduce wrinkles, and improve overall skin appearance.
Key aspects of aesthetic injectable companies include:
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Product Development: These companies research, develop, and manufacture aesthetic injectables such as dermal fillers, botulinum toxins (e.g., Botox), collagen stimulators, and other specialized formulations. They often innovate new products to meet evolving market demands and technological advancements.
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Distribution and Sales: Aesthetic injectable companies distribute their products through authorized channels, including healthcare providers, medical spas, and aesthetic clinics. They may also sell directly to licensed professionals who administer these treatments.
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Regulatory Compliance: Due to the medical nature of their products, aesthetic injectable companies adhere to strict regulatory guidelines and obtain necessary approvals from health authorities (e.g., FDA in the United States) to ensure safety, efficacy, and quality standards.
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Training and Support: Many companies provide training and educational support to healthcare professionals on the proper use, administration techniques, and safety protocols associated with their injectable products. This ensures that practitioners can deliver treatments effectively and safely.
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Customer Support: Aesthetic injectable companies offer customer support services to healthcare providers and consumers, addressing inquiries, providing product information, and assisting with product usage and troubleshooting.
