Core Insights - Yatsen Group has released "Yatsen Group Beauty Innovation Insight," marking a significant step in China's beauty industry towards scientific leadership and innovation [2][3][4] Company Overview - Yatsen Group is a leading multi-brand beauty company listed on NYSE, focusing on R&D and innovation [1][14] - The company has invested over RMB 600 million in R&D since its NYSE listing in 2020, maintaining R&D spending above 3% of annual revenue [14] Innovation and R&D - The white paper includes six chapters covering global R&D networks, technological breakthroughs, efficacy validation, and sustainable development [3] - Yatsen has published 32 peer-reviewed papers and filed 252 global patents, including 78 invention applications since 2022 [9] - The company aims to transform laboratory research into consumer impact, emphasizing the value of innovation [6] Sustainability and Social Responsibility - Yatsen has published four consecutive ESG reports since 2021 and achieved an MSCI ESG Rating of A for two years, being the only Chinese beauty company to do so [11] - The company integrates low-carbon practices in operations, with products like Perfect Diary's "Slim Heel Lipstick" receiving Product Carbon Footprint Certification [12] - Premium brands under Yatsen, such as EVE LOM and Galénic, have adopted sustainable packaging practices, including 100% FSC-certified recycled paper and refillable jar systems [13] Global Collaboration - Yatsen's Open Lab ecosystem connects over 20 research collaborations across industry, academia, and medicine, enhancing its global research capabilities [9] - The company has participated in major dermatological and cosmetic congresses, strengthening China's scientific voice in the global beauty dialogue [5]