In September 1st, 2010, Ming Fai International Holdings and All Team Group joint together successfully acquired "7Magic" with 250 million, striving to build fashion accessories and cosmetic empire in the industry and making noise of "Bu Chao Bu Xing" with Dancing King of Asia Show Lo and Ever-changing Queen Elva Hsiao.
Since incorporated into Ming Fai in 2010，Ming Fai has provided 7magic with strong core competitiveness of R&D capability and manufacturing capability. Currently, 7Magic has launched 9 collections for 170 skin care products which is developed by Ming Fai R&D team and arouse attention in second, third line cities due to it close to consumer demand, popular price strategy and the growing consumer capacity and superior retail market.
The acquisition of 7Magic made Ming Fai Group successfully financed and entered capital market. Our strong R&D ability, production capability, warehousing and transport capability makes 7Magic not only achieve one-stop service for main products, but also absorb more renowned brands into its sales network by funding advantage and credibility of listed company. We are on our way to building a fashion retail empire in China, APAC and even around the world.