Everbright Securities released a research report maintaining a "Buy" rating on MAO GEPING (01318). MAO GEPING has entered into a strategic partnership with the global consumer goods investment giant L Catterton, which will assist the company in expanding its overseas high-end channels. The two parties also plan to jointly establish a beauty industry investment fund. This collaboration is expected to help MAO GEPING accelerate its globalization process.
The company's online sales performance for 2025 is impressive, with significant year-on-year sales growth across multiple platforms. The report expresses optimism regarding the continued consolidation and strengthening of the company's positioning in the high-end cosmetics market, alongside synergistic growth from both online and offline channels.
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