As a leading player in China’s beauty market, Yatsen Holding Limited is committed to becoming “a health and beauty explorer in the new technology era”. We regard our product excellence, brand reputation and operational capability as our core competencies, and we position our research and development (R&D) capabilities and access to consumer insights as our strongholds. Since inception, we have been making unremitting efforts to serve 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.