With the disclosure of semi-annual reports of listed beauty care companies one after another, the growth picture of the industry is clearly presented. According to the reporter's incomplete statistics, as of the evening of August 26, more than 20 companies, including Shanghai Jiahua, Perilla, Steady Healthcare, Runben Co., Ltd., and Lafon Jiahua, had published semi-annual reports, and their net profit increased by nearly 70% year-on-year. Against the backdrop of increased competition in the industry, leading companies have accelerated growth with brand matrix construction, channel content transformation, and R&D innovation to increase three-tier resonance, and the industry is shifting from “channel dividends-driven scale expansion” to a “brand+R&D-driven” high-quality growth paradigm.

With the disclosure of semi-annual reports of listed beauty care companies one after another, the growth picture of the industry is clearly presented. According to the reporter's incomplete statistics, as of the evening of August 26, more than 20 companies, including Shanghai Jiahua, Perilla, Steady Healthcare, Runben Co., Ltd., and Lafon Jiahua, had published semi-annual reports, and their net profit increased by nearly 70% year-on-year. Against the backdrop of increased competition in the industry, leading companies have accelerated growth with brand matrix construction, channel content transformation, and R&D innovation to increase three-tier resonance, and the industry is shifting from “channel dividends-driven scale expansion” to a “brand+R&D-driven” high-quality growth paradigm.