Dynamics of cosmetic chain stores and imported high-end supermarkets
*Recently, KKV, a trendy retail brand favored by Generation Z, first released food-grade hyaluronic acid drinking water-Shuijiquan. This product is independently developed and produced by Huaxi Biotechnology and first released by KKV. Since the beginning of June, the product has officially landed on KKV.
*According to the Qichacha APP, MINISO Cross-border E-commerce (Guangzhou) Co., Ltd. was established on June 23. The legal representative is Ye Zhicong and the registered capital is 10 million yuan.
*In the just announced Universum Yuhin Consulting 2021, Walmart China stood out from the list of attractive employers in the ranking of attractive employers, and won the top 1 in the retail industry as an “attractive employer”.
Authoritative release
On June 25, the State Food and Drug Administration issued the "Notice on Further Clarifying the Matters Related to the Administration of Common Cosmetics Filing", which mentioned that the provincial bureaus should strictly follow the "Regulations" and "Methods" and other requirements, and must work in disclosure of product filing-related information to the public within 5 days.
Brand and industry related dynamics
*According to the analysis of iiMedia Data Center, the market size of China's maternal and infant industry is expected to exceed 7 trillion yuan in 2024.
*On the evening of the 1st, Huaxi Biological released an announcement that it is expected to achieve operating income of 1.847 billion yuan to 1.942 billion yuan in the first half of 2021, an increase of 95%-105% year-on-year; net profit attributable to parent companies is 347 million yuan-374 million yuan, an increase of 30 year-on-year %-40%.
*On June 28, imported ordinary cosmetics ushered in the first batch of new products for record-according to the official website of the Food and Drug Administration, there is at least one new product information on the record information platform for imported ordinary cosmetics. This means that the filing of imported ordinary cosmetics is "open."
*It is reported that Shanghai Jahwa and BASF will conduct in-depth cooperation in a wide range of innovation fields, including the development of new functional active substances and new formulations, TCM (traditional Chinese herbal medicine) modernization, skin efficacy mechanism research, visualization and digital smart equipment, and sustainable development, etc. in every aspect.
*On June 30, Qingdao Baiyang Pharmaceutical Co., Ltd. was officially listed on the Growth Enterprise Market of the Shenzhen Stock Exchange with a stock code of 301015 and Dongxing Securities as the sponsor. This time, Baiyang Pharmaceutical publicly issued 52.6 million new shares, accounting for 10.02% of the total share capital after the issuance, and the issue price is 7.64 yuan per share.
*On June 29, the results of the 35th listing committee review meeting in 2021 of the Shenzhen Stock Exchange’s Growth Enterprise Market Listing Committee showed that Tongling Jieya Biotechnology Co., Ltd. met the issuance conditions, listing conditions and information disclosure requirements.
*On June 25th, the "Seventh Global Chinese Dermatology Summit · Grassini Biochemical Pharmacy Symposium" was successfully held in Hangzhou.
Recently, Dexter, a baby and child care brand, announced the completion of a B+ round of financing of more than 50 million yuan. The investors are Jinding Capital, the old shareholder Xiangfeng Investment, and Lafang Pinguan Huaxi are co investors..
*On June 29, at the 2021 QinFuJi&IMS (World Show) strategic cooperation release and ecological partner conference, QinFuJi Beauty Group and IMS (World Show), the first unit of the Red Man New Economy, joined hands for the first time and will realize the new Red Man New Economy.
*The combination of economy and offline beauty collection stores, landing experience economy, bringing a new growth model to the industry and injecting new vitality.
*On June 21, at the new product seminar held in Shanghai, L'Oreal active health skin care brand Vichy's new probiotic essence bottle, and DERCOS anti-dandruff and anti-dropping two major scalp care series products appeared one by one.
*On June 30, Koriana Technology (Hangzhou) Co., Ltd. held an opening ceremony in the center of Bodi, aiming to empower the Hangzhou beauty brand in the supply chain, which also marked Tianjin Koriana's official entry into Hangzhou.
*In order to effectively assist the incubation and growth of new and cutting-edge brands in Tencent's trading floor, Tencent launched the "Domain Seeing Supernova" program and officially opened the registration channel on June 21. At present, more than 300 cutting-edge brands have joined the ranks.
*On June 24, Procter & Gamble supplier Tianmei Bio was officially listed on NASDAQ in the United States with the stock code "BON".
*It is reported that the cosmetics brand INTO YOU has completed an angel round of financing in the first quarter of this year, with a total of 30 million yuan, which was jointly invested by Fosun Ruizheng Capital and Jinshajiang Venture Capital.
E-commerce platform dynamics
Recently, Dada Group has reached a strategic cooperation with two beauty store brands THE COLORIST colorist and WOW COLOUR. According to the cooperation agreement,
1. JD Daojia, a subsidiary of Dada Group, will conduct in-depth cooperation with THECOLORIST colorists and WOW COLOUR, and provide integrated offline and online solutions. Dada Express will provide immediate fulfillment services for it.
2. In addition, JD Daojia will work with JD Beauty to help the omni-channel operation of THE COLORIST colorists and WOW COLOUR, and build a new model of instant retail for beauty brands.
International Group News
*Recently, according to information from the Shanghai Municipal Market Supervision and Administration Bureau, Estee Lauder (Shanghai) Trading Co., Ltd. has added an administrative penalty for false or misleading commercial propaganda. The penalty was a fine of 400,000 yuan and an order to stop the violation. The punishment unit is the Market Supervision and Administration Bureau of Jing'an District, Shanghai.
*On June 25, L'Oréal China and the Suzhou Industrial Park Management Committee signed a memorandum of cooperation. The world's first self-built intelligent operation center of L'Oréal Group will settle in Suzhou Industrial Park.
*New York City’s Attorney General Letitia James announced on June 26 local time that Johnson & Johnson has agreed to stop selling opioids nationwide and reached a $230 million settlement agreement with New York State. .
Hainan Duty Free Shop News
On June 28th, Han Wenxiu, deputy director of the Office of the Central Committee of Finance and Economics in charge of daily work, attended the press conference and pointed out that the central government’s long-term plan for the Hainan Free Trade Port has three important time points:
1. By 2025, initially establish a free trade port policy system focusing on trade freedom and investment freedom and convenience;
2. By 2035, it will become a new highland of China's open economy;
3. By the middle of this century, a high-level free trade port with strong international influence will be established in an all-round way.
On the evening of June 28, China Tourism Group CDF Corporation (China CDF, 601888.SH) announced that it had submitted an application for the listing of overseas-listed foreign shares (H shares) to the Hong Kong Stock Exchange.