Key takeaways 16 January 2026 | 12:14AM HKT Equity Research Shanghai Jahwa United (600315.SS): Cosmetics tour takeaways: Three brands as '26 pillars; momentum to continue on product initiatives; Buy We hosted a China cosmetics tour and met with Shanghai Jahwa's Chairman/CEO and CFO on 15 Jan. Key takeaways include: 1) Company sees three brands as key grow pillars for skincare in 2026: Shanghai Jahwa is strategically targeting sound growth in 2026 by focusing on billion rmb single products within less compet ...