Abstrcat: TikTok China beauty achieved growth against downturn in the first half of 2022. Sals of some brands such as Whoo,OSM, KANS and others on TikTok has exceeded the sales on Chinese traditional e-commerce platform Tmall.

Abstract: Over the past few years, China's online sales channel has brought huge traffic and growth momentum to Chinese as well as international beauty brands. With the traffic dividend peaking and the increasing beauty brands entering, the beauty market has stepped into the buyer’s market. Major brands are seeking new growth points.

Abstract: On July 30, the foundation of the global innovation R&D and industrial center of Yige group, the parent company of FLORASIS, was officially laid. The center integrates five innovative R&D functions to help Yige group enhance its R&D strength.