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Investors Holding Back On SYoung Group Co., Ltd. (SZSE:300740)
SYoung Group (300740.SZ): The company responded promptly to the WeChat mini program's "gift delivery" feature gray testing with multiple brands such as EDB and Yuniwfang.
On December 27, GeLongHui reported that SYoung Group (300740.SZ) stated on the investor interaction platform that the company adheres to an all-channel operation strategy, with a focus on the layout of the WeChat ecosystem. Recently, the company’s multiple brands, including EDB and Yuni坊, responded promptly to the gray-scale testing of the WeChat mini-store "gift-giving" feature. You can search for the brand name on the WeChat platform and click to enter the mini-store to check the specific situation.
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.
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gtja: Q3 cosmetics retail off-season compared to weakened, Hong Kong stock beauty companies' hold positions increased compared to the previous period.
In the third quarter, the cosmetic industry has a relatively scattered landscape, with significant differences in the operating pace of each company against the backdrop of weak overall industry demand.
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