Yatsen Global, Parent Company of Perfect Diary Sets Up First Factory in Guangzhou, Investment Exceeds 600 Milllion RMB

Aug 15, 2023

Recently, Yatsen Global, the parent company of China’s cosmetics brand Perfect Diary and listed on the New York Stock Exchange, announced that its group’s first factory, Yatsen BioTech, has officially commenced operations. The group stated that this marks a significant step in their supply chain expansion.
This factory represents an investment exceeding 600 million RMB, spanning an area of 78,000 square meters. It integrates research and development, manufacturing, and quality control into a unified cosmetics production facility. It was collaboratively established by Yatse …