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CITIC SEC: The China cosmetics industry has entered a positive growth phase, focusing on the groupization and globalization of local brands.
In the medium term, the penetration rate of makeup products and the scale enhancement of single brands will help domestic brands reach leading positions. In the long term, the accumulation of brand value and the maturity of the acquisition system will drive domestic brands toward a new journey of group development and globalization.
Express News | Soochow: Online operation companies are expected to seize new brand cooperation opportunities provided by the new WeChat store channel.
Express News | Betahome: Vice President Xu Zhihua resigned for personal reasons.
Express News | Beitaini: The actual controller has changed to GUO ZHENYU (郭振宇), who has sole control.
Beitiany(300957): Revenue growth steady, profits under pressure.
In the third quarter of 2024, the company achieved revenue of 1.21 billion, a year-on-year increase of 14%, net income attributable to the parent company was -0.07 billion yuan, a year-on-year decrease of 153%; non-recurring net income attributable to the parent company was -0.08 billion yuan, a year-on-year decrease of 158%.
Yunnan Botanee Bio-Technology's Parent, Shareholder to Divest Stake