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Express News | Lafang China: Production and operation are normal with no significant matters that need to be disclosed but have not been disclosed.
A-shares are fluctuating | Cosmetic stocks are strengthening: Anhui Hyea Aromas soared over 15%, Shanghai Jahwa United and Baitaini both increased.
On May 15th, according to Gelonghui, A-share cosmetic stocks collectively surged, with Anhui Hyea Aromas rising over 14%, Lushang Freda Pharmaceutical and Lafang China reaching their daily limit, and Jiaheng Cosmetics and Fujian Green Pine rising by 7%. Wanmei Biotechnology, SYoung Group, Shanghai Jahwa United, Betta, and Fuhua Technology all recorded gains. In news, the Tmall 618 promotion officially kicked off, and the first round of battle reports for the 'explosive beauty festival' in Li Jiaqi's livestream showed a GMV growth of over 10% year-on-year in the first hour of added purchases, with over 600,000 domestic hot-selling products from brands like Kfume and Proya Cosmetics selling out instantly. Financial Credit Securities' Research Reports suggest that with policy dividends continuing to be released, consumer recovery, and ongoing trade friction escalation...
The A-shares beauty care Sector is rising, and Lafang China has reached the limit up.
On May 13, according to Gelonghui, the A-share beauty and personal care Sector rose sharply, with Lafang China hitting its upper limit, and SYoung Group, Bavi Group, Proya Cosmetics, and Runben Group experiencing some increase.
Lafang China (603630): Brand + high cost-performance ratio has increased in Douyin, Q1 gross margin rises.
Event: The company released the 2024 annual report, with 2024 revenue of 0.889 billion yuan, year-on-year +3.36%, net profit attributable to the parent company of 0.041 billion yuan, year-on-year -36.84%, and net profit attributable to the parent company after deducting non-recurring gains and losses of 0.04 billion yuan.
Lafan China (603630): Performance under pressure in Q1 of 2025, expecting new products on Douyin to drive improvement.
This report introduction: The company's performance in Q1 2024 and Q1 2025 remains under pressure. In Q1 2025, an attempt will be made to create a new hair repair product on Douyin, which is expected to explore new channels for growth. Investment highlights: Consider increasing investment in promoting new products in 2025.
Express News | DeepSeek released the Prover-V2 model, with a parameter count reaching 671 billion.