林清轩涨超12%创上市新高 公司深耕以油养肤赛道 产品渠道拓展加速

Core Viewpoint - Lin Qingxuan (02657) has seen a significant stock price increase, reaching a new high of 96 HKD, reflecting strong market performance and investor interest in the brand's growth potential in the high-end skincare sector [1] Company Overview - Lin Qingxuan is a high-end domestic skincare brand in China, focusing on anti-wrinkle and firming products, known for its use of natural camellia ingredients [1] - The brand is projected to rank first among all high-end domestic skincare brands in China by retail sales in 2024, capturing a 1.4% market share [1] - Lin Qingxuan is the only domestic brand to enter the top 15 high-end skincare brands in China, which includes both domestic and international brands [1] Market Position and Growth Potential - Guotai Junan Securities reports that the company is well-positioned in the high-end skincare market and is benefiting from the growing trend of oil-based skincare products, indicating a strong growth trajectory [1] - Dongwu Securities suggests that Lin Qingxuan is in a growth phase characterized by brand momentum and channel advantages, recommending investors to pay close attention to the company [1]