Established in July 2000, Xiushentang Holdings Limited and its subsidiaries (the “Group”) have maintained a leading position as a beauty and slimming service provider over the years by launching a series of innovative health and beauty treatments and products, and striving to provide customers with the most professional and high-quality beauty and slimming services. The Group was listed on the Hong Kong Stock Exchange Limited GEM in November 2003 (stock code: 8200), becoming the first beauty and slimming company listed in Hong Kong. The Group currently has five beauty and slimming centres in Hong Kong. Each beauty and slimming center operates under the two brand names “Fitness Hall” (the Group's original brand) and “Xingyue” (acquired in 2015). Each beauty and slimming center offers a unique comprehensive range of personalized beauty and slimming services, health management, and anti-aging treatment programs. Combining reliable and effective treatments and careful follow-up services, tailor-made plans for the healthiest and safest will surely shape the most perfect skin, weight and body for customers. The Group's excellent product and service quality has always been widely recognized and praised by all sectors, and the Group has been awarded the “Business Exhibition Care” organization for many years. In order to diversify its business, the Group acquired distribution business in mainland China in 2005, distributed Procter & Gamble (P&G) personal care products in Shanghai, and distributed beauty and skin care products from famous brands such as SK-II and Olay in East China and West China. After years of development, the distribution network has been perfected, and products from famous international brands have been added. With the existing beauty and slimming business, product distribution business and franchise cooperation business, the Group is fully equipped to provide customers with the highest quality services. In March 2015, the Group launched a new business division of securities investment, hoping that this business will diversify the Group's revenue sources and expand its revenue base. The securities investment business can also enable the Group to use capital more effectively and generate additional investment returns on idle capital. In May 2016, the Group launched another new business segment providing money lending services. The Group provides secured and unsecured loans ranging from a few months to three years. In terms of unsecured loans, the Group's enterprises and individuals serve small and medium-sized enterprises and merchants, including listed and unlisted companies in various industries. The money lending business will diversify the Group's revenue sources, expand its revenue base, promote the Group's capital utilization, and enhance the overall interests of the Company and its shareholders.
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