An unknown buyer signs an agreement to acquire 5% stake in SYoung Group Co., Ltd. from the shareholders of SYoung Group Co., Ltd. for approximately 390 million.
April 29, 2021
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An unknown buyer signs an agreement to acquire 5% stake in SYoung Group Co., Ltd. (SZSE:300740) from the shareholders of SYoung Group Co., Ltd. for approximately 390 million on April 30, 2021.
SYoung Group Co Ltd, formerly Yujiahui Co Ltd, is a China-based company which is principally engaged in research and development, manufacture and sales of skin care products, including facial masks. The Companyâs main products include facial masks, lotions and creams and others, such as paste masks, non-stick masks, facial lotions, cosmetic milks, creams and others. The Companyâs main brands include skin care brand UNIFON, youth brand Xiaomihu, national brand Huayaohua, men's skin care brand Shiyijia and replenishment repair brand Wellfon, among others. The Company mainly distributes its products through Internet sales.
An unknown buyer signs an agreement to acquire 5% stake in SYoung Group Co., Ltd. from the shareholders of SYoung Group Co., Ltd. for approximately 390 million.
SYOUNG GROUP CO., LTD. 
