Happiness Biotech Group

Happiness Biotech Group was a China-based nutraceutical and dietary supplements company focused on the research, development, manufacturing, marketing, and sale of products made from Chinese herbal extracts and other ingredients. Its portfolio included PRC National Medical Products Administration registered "Blue-Cap" nutraceutical SKUs and products such as lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, vitamins, minerals, and amino acids. The business operated commercially in China through distributor, drugstore, mall, supermarket, and e-commerce channels under the Happiness brand. The company later diversified beyond health products into e-commerce and automobile-related businesses, then changed its corporate name first to Happiness Development Group and later to Paranovus Entertainment Technology. As a result, the exact entity named Happiness Biotech Group is best understood as a former corporate name of a public company rather than a currently operating standalone biotech company.