Yatsen Holding Limited is committed to creating an exciting new journey of beauty discovery for consumers around the world. We regard the power of our brands, our product quality, and our digital capabilities as Yatsen’s core competencies, and we hope to position our research and development capabilities and access to consumer insights as sources of our long-term competitive strength. Since inception, we have been committed to serving our consumers, employees and the society at large. We have integrated environmental, social and governance (ESG) considerations into our decision-making process. We seek to remain highly attuned with the needs of our various stakeholders and communities, and place ESG at the forefront of our long term development focus.