RED CHAMBER announced that it has received funding from Beijing Xinyi Tianhe Investment Management Co., Ltd., SYoung Group Co., Ltd., Puman Capital
July 15, 2023
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RED CHAMBER announced that it has raised tens of million of yuan investment in a round of funding led by new investor Beijing Xinyi Tianhe Investment Management Co., Ltd. on July 16, 2023. The transaction included participation from new investor SYoung Group Co., Ltd., and returning investor Puman Capital.
SYoung Group Co Ltd, formerly Yujiahui Co Ltd, is a China-based company which is principally engaged in research and development, manufacture and sales of skin care products, including facial masks. The Companyâs main products include facial masks, lotions and creams and others, such as paste masks, non-stick masks, facial lotions, cosmetic milks, creams and others. The Companyâs main brands include skin care brand UNIFON, youth brand Xiaomihu, national brand Huayaohua, men's skin care brand Shiyijia and replenishment repair brand Wellfon, among others. The Company mainly distributes its products through Internet sales.