THE WHAT? Yatsen Group has inaugurated its Global Innovation R&D Center in Shanghai. The facility is the first global innovation R&D center for Perfect Diary, with Yatsen investing more than RMB80 million in its construction.

THE DETAILS Spanning some 4,000 sq m, the new center is equipped with sophisticated equipment including a confocal laser, scanning microscope, flow cytometer, facial analysis imaging system, and more. It has attracted talent from all over the globe.

THE WHY? Huang Jinfeng, Founder, Chairman, and CEO of Yatsen Group, noted, “Moving forward we will continue to adhere to the founding principles; to be rooted in science, technology, research, and development. We will also deepen our cooperation with renowned international research institutes, colleges and universities, and hospitals at home and abroad, building the Yatsen Global Innovation R&D Center into a platform for the future of domestic beauty products, bringing higher-quality beauty products to consumers.”