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Guochao cosmetics brand Chando files again for listing on the Hong Kong Stock Exchange
****Viewpoint News:****On April 2, Chando Natural Global Holding Co., Ltd. submitted to the Hong Kong Stock Exchange. The joint sponsors are Huatai International and UBS Group, and this is the second submission after the IPO application documents were deemed invalid on March 29.
According to the prospectus, the Chando Group is a China-based, strategy-driven, multi-brand cosmetics company.
Based on data from Frost & Sullivan, measured by 2024 retail sales, the Chando Group ranks tenth in China’s overall cosmetics market (including international brands), with a market share of 0.8%. It is the third-largest homegrown cosmetics group in China, with a market share of 1.7%.
In 2001, the group launched its flagship brand Chando. After more than two decades of development, the brand has become the second-largest homegrown cosmetics brand in China and has long been the cornerstone of the group’s brand portfolio. It contributed 95.9%, 95.4%, and 95.3% of our total revenue in 2023, 2024, and 2025, respectively.
Disclaimer: The content and data in this article have been compiled by Viewpoint based on publicly available information and do not constitute investment advice. Please verify before use.