Shanghai Jahwa’s first-half 2024 results show sales dropped 8.51% YoY to 3.321 billion RMB ($459.5 million) and profit declined 20.9% to 238 million RMB ($32.7 million), though gross margin rose to 61.13%. Sales expenses fell 8.7% to 1.44 billion RMB ($198.6 million), and management expenses decreased by 17% to 250 million RMB ($34.4 million). The company has restructured its divisions, incorporating personal care and beauty brands into new groups and creating an Innovation Division. Recent personnel changes include Lin Xiaohai as CEO and Chen Min as division manager, with vice general manager Ye Weimin resigning this month.