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Yatsen Filed 2020 Annual Report on Form 20-F

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Yatsen Holding Limited (NYSE: YSG) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020, with the SEC on April 21, 2021. The report is accessible on the company's investor relations website and the SEC's site. Yatsen is recognized as a leader in China’s beauty market, having launched and acquired seven brands, including Perfect Diary, which is now the top color cosmetics brand in China by online retail sales. The company utilizes a digitally native direct-to-customer model to effectively engage with consumers across various platforms.

Positive
  • Yatsen's annual report filing indicates compliance and transparency.
  • Perfect Diary has become the top color cosmetics brand in China within three years.
  • The company's direct-to-consumer model enhances engagement with a broad customer base.
Negative
  • None.

GUANGZHOU, China, April 21, 2021 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leader in the rapidly evolving China beauty market, today announced that the Company has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the U.S. Securities and Exchange Commission ("SEC") on April 21, 2021.

The annual report is available on the Company's investor relations website at ir.yatsenglobal.com and on the SEC's website at https://www.sec.gov/. The Company will provide hard copies of the annual report, free of charge, to its shareholders and ADS holders upon written request. Requests should be directed to Investor Relations Department, Yatsen Holding Limited, 38F, Poly Midtown Plaza, No.23 East Xuanyue Street, Haizhu District, Guangzhou 510330, Guangdong Province, People's Republic of China.

About Yatsen Holding Limited

Yatsen Holding Limited (NYSE: YSG) is a leader in the rapidly evolving China beauty market with the mission of creating an exciting new journey of beauty discovery for consumers in China and around the world. Founded in 2016, The Company has launched and acquired seven color cosmetics and skincare brands including Perfect Diary, Little Ondine, Abby's Choice, Galénic, DR.WU (its mainland China business), Eve Lom and Pink Bear. The Company's flagship brand, Perfect Diary, became the top color cosmetics brand in China in terms of online retail sales value three years after launch. Leveraging its digitally native direct-to-customer business model, the Company has built a platform with core capabilities which enables it to launch and scale multiple brands quickly while offering a wide selection of products to a growing variety of customers. The Company reaches and engages with customers directly both online and offline, with expansive presence across all major e-commerce, social and content platforms in China.

For more information, please visit http://ir.yatsenglobal.com/.

For investor and media inquiries, please contact:

In China:

Yatsen Holding Limited
Investor Relations
E-mail: ir@yatsenglobal.com

The Piacente Group, Inc.
Emilie Wu
Tel: +86-21-6039-8363
E-mail: yatsen@thepiacentegroup.com

In the United States:

The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: yatsen@thepiacentegroup.com

Cision View original content:http://www.prnewswire.com/news-releases/yatsen-filed-2020-annual-report-on-form-20-f-301273677.html

SOURCE Yatsen Holding Limited

FAQ

What is the significant update from Yatsen Holding Limited on April 21, 2021?

Yatsen announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2020.

Where can I find Yatsen Holding's annual report for 2020?

The annual report is available on Yatsen's investor relations website and the SEC's website.

What brands are included under Yatsen Holding Limited?

Yatsen has launched and acquired brands such as Perfect Diary, Little Ondine, Abby's Choice, Galénic, DR.WU, Eve Lom, and Pink Bear.

How has Perfect Diary performed in the market?

Perfect Diary became the top color cosmetics brand in China in terms of online retail sales value three years after its launch.

What business model does Yatsen Holding Limited use?

Yatsen uses a digitally native direct-to-consumer business model to engage with customers.

Yatsen Holding Limited American Depositary Shares, each representing twenty (20)

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