It’s worth noting that in 2023, Yatsen Holding’s annual R&D expenses amounted to 110 million yuan, with the annual R&D expenditure ratio increasing from 2.4% in 2021 to 3.3%.
Youngor has increased its investment in the fashion industry while reducing investments in other unrelated industries, making its focus more defined!
In 2023, Botanee expanded into overseas markets by establishing its Southeast Asia regional headquarters in Bangkok, Thailand.
Proya has announced its intention to explore opportunities for overseas expansion.
In the fourth quarter of fiscal year 2024, Chow Tai Fook’s overall retail value increased by 12.4% year-on-year, with growth rates of 29.4%, 5.8%, and 46.1% in the preceding three quarters, respectively.
Currently, within the Saint Angelo Group, there are already three brands with a revenue scale exceeding 1 billion.
Hainan remains the operational core of China Duty Free Group (CDFG). Revenue from the Hainan region increased by 14.3% year-on-year to 39.65 billion RMB, contributing 58.7% to the company’s total revenue.
Li Ning responded, “For investors, I will consider any plan that can increase investor returns.”
In 2023, the company saw year-on-year growth in its solution-based injection products, gel-based injection products, and facial implant threads.
In December 2023, the third flagship store worldwide was opened in Ximending, Taiwan, with record-breaking sales on its opening day.
