19 18 One of the earliest national cosmetics enterprises in China was established, and its invincible brand tooth powder was once sold well all over the country. In 1930s, "Butterfly Cream" (trademark invincible) was one of the earliest creams produced in China and was favored by many movie stars. By 1949, it had already owned the best-selling markets of well-known brands and products such as Butterfly, Mianyou, Weierfu, etc., and Shanghai Family Industry Society became a famous cosmetics manufacturer in China. After liberation, with the development of economy, the former family industrial society and Haolai Pharmaceutical Co., Ltd. merged to form a public-private joint venture Shanghai family industrial society. During this period, butterfly cream, cold butterfly cream, noodle friends, black and white toothpaste, Fangfang powder cake, Fangfang prickly heat powder, butterfly eyebrow pencil, butterfly brand lipstick and other products are selling well in the market. After 1960s, it was renamed as Shanghai No.4 Daily Chemical Factory, and became the leading enterprise of skin care and beauty cosmetics in China. 1995, the state-owned enterprise was restructured, and Shanghai Peony Daily Chemical Co., Ltd. was established by Shanghai Daily Chemical Factory No.4, No.3 and No.5.. 65438-0998, Shanghai Peony Daily Chemical Co., Ltd. was transformed into Shanghai Fangfang Daily Chemical Co., Ltd., and the enterprise is a joint-stock enterprise.