Lancy

Lancy Co., Ltd. was founded in 2006, with its headquarters in Beijing, the capital of culture and economy. Adhering to the company's business philosophy of "Integrity, Benevolence, Wisdom, Beauty, Leading the Future" and the development vision of "building a century-old enterprise and becoming a leading enterprise in the industry," all employees of the company are united in their efforts to build the enterprise into a domestic first-class and internationally influential fashion industry group.

Lancy Co., Ltd. started in high-end women's wear, committed to building the most competitive brand management company in the fashion industry, with total assets of approximately 5.2 billion yuan and terminal sales scale of nearly 5 billion yuan, focusing on women's wear, medical aesthetics, and infant and children's products. It owns two listed companies in China and South Korea, and is an A-share listed company in women's wear.

Lancy Co., Ltd. keeps in mind the corporate mission of "leading fashion trends, creating beauty, meeting consumers' needs for self-realization through products and services, and enabling them to experience the joy brought by beauty." It discerns the changes of the times and keeps up with international trends. Through various models such as "independent creation," "agency operation," and "brand acquisition," it has carried out multi-brand layout in the mid-to-high-end women's wear market. It currently operates multiple high-end women's wear brands including Lancy, Rhine, Mozzo, Zibomi, and Gigot. As of the end of 2020, the company had set up 593 offline terminal women's wear stores in large domestic high-end shopping malls, shopping malls, and key airports, and also had 15 online sales channels.

In the infant and children's sector, in 2014, the company became the largest shareholder of Agabang, a well-known Korean listed children's wear company. Founded in 1979, it is the first enterprise in South Korea to operate infant clothing and products. The company mainly operates infant clothing and products for children aged 0-4. It has won honors such as "Most Famous Brand" and "Best Children's Wear Enterprise" in South Korea for many consecutive years. It owns multiple self-owned infant brands including ETTOI, Putto, and Designskin, and has opened nearly 840 domestic and international infant stores, and has strategically invested in a well-known domestic online maternal and infant brand agency listed on the Shenzhen Stock Exchange.

In the medical aesthetics sector, Lancy Medical Management Co., Ltd. is a wholly-owned subsidiary of Lancy Co., Ltd. (stock code: 002612), established in March 2017. After years of hard work, it has strategically invested in a well-known Korean medical beauty service group (Korea Dream Group), and acquired controlling stakes in high-quality domestic medical beauty brands such as "Milan Beiyu," "Jingfu Medical Aesthetics," and "Gaoyisheng." Milan Beiyu adheres to the high-end comprehensive medical beauty brand of "quality medical beauty" and moves forward with honor; Gaoyisheng, as a leading plastic surgery institution in Shaanxi, is characterized by high-level surgical technology, starting from the northwest market, radiating to the greater northwest region of China, and continuously expanding brand influence; Jingfu Medical Aesthetics focuses on the segmented market of youthfulness, featuring standardized and rapidly replicable medical beauty chain brands, creating a hierarchical chain management model and standardized rapid development.

Lancy Medical Aesthetics, based on regional medical aesthetics business advantages, steadily promotes and rapidly builds a replicable domestic medical aesthetics operation model, covering multiple cities such as Chengdu, Xi'an, Shenzhen, Changsha, Chongqing, Baoji, and Xianyang. With "safe medical aesthetics, quality medical aesthetics, and reputable medical aesthetics" as the cornerstone, it has gradually developed into a competitive and influential growth enterprise in the industry.

For a long time, Lancy Co., Ltd. has always adhered to the core values of "daring to think and act, being good at learning and quick to apply, harmony and innovation, discipline and competition, and people-oriented win-win." It insists on independent research and development, design, and innovation of products, and quality development. It has set up R&D and design centers in Beijing and Seoul, South Korea, with a professional and international design and R&D team. In addition, the headquarters Lancy Building houses a post-doctoral research workstation, providing an innovation practice base for post-doctoral (young talents) in Beijing, and it has been recognized as a Beijing design innovation center and enterprise technology center. As of April 2021, the R&D and design center has obtained 2 national invention patents, 28 software copyrights, 12 design patents, and 14 utility model patents.

With an international design team, professional marketing team, and professional management team, Lancy Co., Ltd. continues to innovate and has won honors such as High-tech Enterprise, New Economy Listed Company, Top 100 Regional Economy Enterprise, and Key Cultivated Brand Enterprise by the Ministry of Industry and Information Technology. It has been rated as China's Employer Brand for two consecutive years. In addition, it has also won honors such as the "Board Value Creation Award" at the 16th China Listed Companies Golden Round Table Awards, one of the Top 10 Best-selling Women's Wear Brands in the Chinese Market, one of the Top 10 Clothing Brands in the Textile and Apparel Industry, Forbes China Potential Enterprise Award, National Quality and Service Integrity Excellent Enterprise, and ranks among the top three in the comprehensive market share of similar products in large domestic retail enterprises. Its three indicators of "product sales revenue, sales profit rate, and total profit" have been included in the Top 100 Chinese Clothing Industry Enterprises for many consecutive years.

While the enterprise is booming, Lancy Co., Ltd. always remembers its mission and responsibility, stays true to its original aspiration, and gives back to society. Over the years, it has accumulated tens of millions of yuan for public welfare undertakings, established the "Lancy Scholarship Fund" to support national education, the "Sunshine Care Fund" to focus on children's healthy growth, the "Youth Entrepreneurship Fund" to help young people start businesses and find employment, the "Great Love Public Welfare Fund" to aid disaster-stricken areas and dedicate love, and the "Lancy Medical Microtia Angel Fund" to focus on the growth of disabled children and fulfill corporate social responsibility.

In the future, Lancy Co., Ltd. will continue to rely on its strong women's wear fashion brand advantages, its established fashion brand matrix, and its extensive high-quality offline marketing network and customer resources. It will solidly implement the industrial evolution tactics with "online-offline interconnection" as wings and "sector rotation and synergy" as the rudder. Against the backdrop of the surging fashion tide, it will steadily build a pan-fashion industry interconnection ecosystem for fashion women's wear, green infant products, and fashion medical aesthetics business sectors, with "online-offline traffic interconnection, multi-dimensional fashion resource sharing, and multi-region global industry linkage."

Marching forward toward a century-old enterprise and a leading enterprise in the industry.