YSG

Yatsen Announces Plan to Implement ADS Ratio Change

Retrieved on: 
Friday, March 8, 2024

For the Company's ADS holders, the change in the ADS Ratio will have the same effect as a one-for-five reverse ADS split.

Key Points: 
  • For the Company's ADS holders, the change in the ADS Ratio will have the same effect as a one-for-five reverse ADS split.
  • A post-effective amendment to the ADS Registration Statement on Form F-6 will be filed with the SEC to reflect the change in the ADS Ratio.
  • The change in the ADS Ratio will have no impact on the Company's underlying Class A ordinary shares, and no Class A ordinary shares will be issued or cancelled in connection with the change in the ADS Ratio.
  • As a result of the change in ADS Ratio, the ADS trading price is expected to increase proportionately, although the Company can give no assurance that the ADS trading price after the change in the ADS Ratio will be equal to or greater than five times the ADS trading price before the change.

Yatsen to Announce Fourth Quarter and Full Year 2023 Financial Results on March 6, 2024

Retrieved on: 
Wednesday, February 28, 2024

GUANGZHOU, China, Feb. 28, 2024 /PRNewswire/ – Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for the fourth quarter and full year ended December 31, 2023, on Wednesday, March 6, 2024, before the open of the U.S. markets.

Key Points: 
  • GUANGZHOU, China, Feb. 28, 2024 /PRNewswire/ – Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for the fourth quarter and full year ended December 31, 2023, on Wednesday, March 6, 2024, before the open of the U.S. markets.
  • The Company's management will hold a conference call on Wednesday, March 6, 2024 at 7:30 A.M. U.S. Eastern Time (8:30 P.M. Beijing/Hong Kong Time) to discuss the financial results.
  • Listeners may access the call by dialing the following numbers:

Yatsen Announces Third Quarter 2023 Financial Results and Upsizing and Extension of Share Repurchase Program

Retrieved on: 
Tuesday, November 21, 2023

GUANGZHOU, China, Nov. 21, 2023 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the third quarter ended September 30, 2023, and upsizing and extension of the share repurchase program.

Key Points: 
  • Gross margin for the third quarter of 2023 was 71.4%, as compared with 68.9% for the prior year period.
  • Net loss for the third quarter of 2023 decreased by 6.1% to RMB197.9 million (US$27.1 million) from RMB210.7 million for the prior year period.
  • Our clinical and premium skincare brands, including Galénic, DR.WU and Eve Lom, recorded growth in combined net revenues for another quarter.
  • Gross margin for the third quarter of 2023 increased to 71.4% from 68.9% for the prior year period.

Yatsen to Announce Third Quarter 2023 Financial Results on November 21, 2023

Retrieved on: 
Tuesday, November 14, 2023

GUANGZHOU, China, Nov. 14, 2023 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for the third quarter of 2023 on Tuesday, November 21, 2023, before the open of the U.S. markets.

Key Points: 
  • GUANGZHOU, China, Nov. 14, 2023 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for the third quarter of 2023 on Tuesday, November 21, 2023, before the open of the U.S. markets.
  • The Company's management will hold a conference call on Tuesday, November 21, 2023 at 7:30 A.M. U.S. Eastern Time (8:30 P.M. Beijing/Hong Kong Time) to discuss the financial results.
  • Listeners may access the call by dialing the following numbers:

Yatsen Announces Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price

Retrieved on: 
Monday, November 6, 2023

Following receipt of the notification, the company must bring its share price and average share price back above US$1.00 within six months.

Key Points: 
  • Following receipt of the notification, the company must bring its share price and average share price back above US$1.00 within six months.
  • This announcement contains statements that may constitute "forward-looking" statements which are made pursuant to the "safe harbor" provisions of the U.S.
  • Statements that are not historical facts, including statements about the Company's beliefs, plans, outlook and expectations, are forward-looking statements.
  • Further information regarding these and other risks is included in the Company's filings with the SEC.

Yatsen Announces Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 22, 2023

GUANGZHOU, China, Aug. 22, 2023 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Conference Call to Be Held at 7:30 A.M. U.S. Eastern Time on August 22, 2023
    GUANGZHOU, China, Aug. 22, 2023 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced its unaudited financial results for the second quarter ended June 30, 2023.
  • Gross margin for the second quarter of 2023 was 74.7%, as compared with 62.9% for the prior year period.
  • Mr. Jinfeng Huang, Founder, Chairman and Chief Executive Officer of Yatsen, stated, "The beauty industry experienced a modest post-COVID recovery during the second quarter of 2023.
  • The Company's management will hold a conference call on Tuesday, August 22, 2023, at 7:30 A.M. U.S. Eastern Time or 7:30 P.M. Beijing Time to discuss its financial results and operating performance for the second quarter 2023.

Yatsen to Announce Second Quarter 2023 Financial Results on August 22, 2023

Retrieved on: 
Tuesday, August 15, 2023

GUANGZHOU, China, Aug. 15, 2023 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for the second quarter of 2023 on Tuesday, August 22, 2023, before the open of the U.S. markets.

Key Points: 
  • GUANGZHOU, China, Aug. 15, 2023 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it will release its unaudited financial results for the second quarter of 2023 on Tuesday, August 22, 2023, before the open of the U.S. markets.
  • The Company's management will hold a conference call on Tuesday, August 22, 2023 at 7:30 A.M. U.S. Eastern Time (7:30 P.M. Beijing/Hong Kong Time) to discuss the financial results.
  • Listeners may access the call by dialing the following numbers:

YSG Releases its Second ESG Report, Setting a Benchmark for the Industry

Retrieved on: 
Monday, July 31, 2023

In the future, driven by the "dual carbon" strategic goal, ESG indicators will be new focus for domestic consumer goods companies.

Key Points: 
  • In the future, driven by the "dual carbon" strategic goal, ESG indicators will be new focus for domestic consumer goods companies.
  • Recently, the fast-growing beauty group YSG released its Environmental, Social and Governance Report of 2022 (hereinafter referred to as the ESG Report).
  • This is the second consecutive year for the Company to release the ESG Report, which thoroughly demonstrates the actions and achievements of YSG in practicing the ESG framework in multiple dimensions in the past year.
  • Good ESG governance is an important driving force to promote the sustainable development of enterprises.

Yatsen Issues 2022 ESG Report

Retrieved on: 
Monday, July 31, 2023

GUANGZHOU, China, July 31, 2023 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it has published its 2022 Environmental, Social and Governance ("ESG") report, outlining the Company's progress and performance in key ESG areas.

Key Points: 
  • GUANGZHOU, China, July 31, 2023 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced that it has published its 2022 Environmental, Social and Governance ("ESG") report, outlining the Company's progress and performance in key ESG areas.
  • The report provides a comprehensive review of Yatsen's ESG initiatives and developments, including corporate governance, research and development, employee rights protection, human capital development, environmental sustainability and social responsibility, among others.
  • To view the report in full, please visit the ESG section on the Yatsen Investor Relations website.
  • Alternatively, please click here for the English version and here for the Chinese version of the 2022 report.

YSG's first participation at WCD, with two major brands

Retrieved on: 
Friday, July 28, 2023

The innovative ideas of beauty technology have been approached and approved by many dermatologists and professors from all over the world.

Key Points: 
  • The innovative ideas of beauty technology have been approached and approved by many dermatologists and professors from all over the world.
  • In 2022, the Company upgraded its annual R&D expense ratio to 3.4%, which continued to be in the front rank globally.
  • YSG's participation in WCD will be an important step in the layout of its global R&D system.
  • While exhibiting its remarkable dual clinical study at the WCD, it is also celebrating the brand's 20th anniversary in Singapore.