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SYoung Group (300740.SZ): Currently, there are no plans to introduce strategic investors.
On December 20, Gelonghui reported that SYoung Group (300740.SZ) stated on the investor interaction platform that there are currently no plans to introduce strategic investors. The company's EDB brand has shown significant growth, and with the full ownership of PA and the brand new addition of the technology pioneer high-end beauty brand RV, SYoung has initially established a new label as "a global emerging high-luxury beauty brand management group." In the future, the company will focus resources on core business, continuously using long-term certainty strategies to respond to short-term uncertainties; it will persist in long-term brand investment and maintain a high-end, global approach.
SYoung Group (300740): RV officially enters the China market. The company continues to promote the Global Strategy for transforming into a luxury Cosmetic management group.
Event: SYoung Group held a press conference to commemorate the 30th anniversary of the launch of the RéVive brand's first product and to announce its official entry into China. On December 15, 2024, the company held a press conference to announce the formal and comprehensive entry of the RéVive brand into China.
Syong Group (300740): Clarifying the high-end brand strategy, Ifidan has good momentum, looking forward to a turning point.
Core viewpoint: Event: The company has completed the acquisition of a high-end skincare brand matrix, currently holding three high-end skincare brands: the French luxury skincare brand Yifidan, the French high-end salon repair brand PA, and the technology pioneer high-end beauty brand RV.
gtja: In Q3, the retail sales of cosmetics decreased month-on-month during the off-season. The Hong Kong stock beauty companies' positions increased month-on-month.
In the third quarter, the cosmetic industry has a relatively dispersed structure, with significant differences in the operating pace of each company against the backdrop of overall weak demand in the industry.
syoung group (300740): Performance under pressure due to Q3 brand adjustment, focus on subsequent high-end development progress.
3Q24 performance below our expectations. The company announced the 1-3Q24 performance: revenue of 3.045 billion yuan, -9.8% year-on-year; net income attributable to the parent company of 0.094 billion yuan, -47.6% year-on-year; non-GAAP net income of 0.108 billion yuan.
Shuiyang Shares: Report for the third quarter of 2024
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