Syoung Group Co., Ltd. (China)

Syoung Group Co., Ltd., also known as Syoung, is a technology-based company that specializes in developing and empowering brands in the new consumer beauty and cosmetics industry. It is a leading player in the Chinese internet consumer goods market. Syoung Group was listed on the A-share market on February 8, 2018, with the stock code 300740, becoming the first Chinese internet consumer goods brand. In terms of technology, Syoung Group has been involved in the development of 13 national industry standards. It has over 4,000 quality management processes and internal standards, and has applied for more than 300 national patents. The company has also developed 10 types of self-made raw materials and has built the world's largest and most technologically advanced face mask production base with the highest level of internet openness. Syoung Group operates under a dual business model, with its own brands and CP brands. It owns multiple independent brands such as Yunifang, Xiaomihu, Dashuidi, Huayaohua, Yu, HPH, and VAA. In 2018, the company established the international beauty and cosmetics open platform "Syoung International" and created the global best CP model. It has partnered with 30 international beauty and cosmetics brands, including EviDenS, KIKO, CELLEX-C, MEMO PARIS, and MESOESTETIC. The company has also formed a strategic partnership with Johnson & Johnson, a Fortune 500 company. Syoung Group currently has over 3,000 employees and serves more than 60 million consumers. The company aims to gradually promote the development of a dual-platform ecosystem, both internally and externally, and strives to achieve high revenue and net profit growth rates that surpass the industry average. Its goal is to become a leader in the Chinese beauty and cosmetics industry.