Yatsen Regains Compliance with NYSE Minimum Price Continued Listing Criterion

Core Viewpoint - Yatsen Holding Limited has regained compliance with the NYSE's minimum share price requirement, following a notification from the NYSE dated April 10, 2024, indicating that the company is no longer below compliance standards [1][2]. Company Overview - Yatsen Holding Limited is a leading beauty group based in China, founded in 2016, and has launched and acquired several brands including Perfect Diary, Little Ondine, and DR.WU [4]. - The flagship brand, Perfect Diary, is recognized as one of the top color cosmetics brands in China based on retail sales value [4]. - The company engages with customers through both online and offline channels, maintaining a strong presence across major e-commerce and social platforms in China [4]. Compliance Details - The company previously received a notification from the NYSE on November 2, 2023, indicating it was below compliance due to its American depositary shares averaging less than $1.00 over a consecutive 30 trading-day period [2]. - Following the recent April letter, Yatsen is now compliant with the NYSE Minimum Price Continued Listing Criterion [2].