Bloomage Biotechnology Corporation Limited(688363) acquired 51% equity of Yierkang biology, with a wide range of uses and promising prospects for collagen Bloomage Biotechnology Corporation Limited(688363) acquired 51% equity of Beijing Yierkang Bioengineering Co., Ltd. (hereinafter referred to as “Yierkang biology”) for RMB 233 million to enter the collagen industry. Yierkang biological has been deeply engaged in collagen for many years. After this equity acquisition, collagen will become another core material of Bloomage Biotechnology Corporation Limited(688363) and enrich the company’s existing product pipeline. On the other hand, the coordinated development of business in the future is also expected to strengthen Bloomage Biotechnology Corporation Limited(688363) core competitiveness. In terms of mechanism, the active triple helix conformation endows collagen with high tensile strength, biodegradability and low antigenic activity, which makes collagen widely used in many fields: (1) collagen is a common component of medical skin repair dressings because of its good moisturizing and repair effects, but the active triple helix structure increases the difficulty of collagen extraction and preparation. Therefore, compared with sodium hyaluronate dressings, The barrier of collagen dressing is higher. In recent years, the demand for medical and art post repair has driven the rapid growth of the dressing market. (2) Collagen has low antigenicity, good biocompatibility and biodegradability. It is a good material for filler. As of April 2022, there were only 5 compliant collagen filler products in China, while there were nearly 60 hyaluronic acid products. (3) Collagen not only has good moisturizing effect, but also can achieve whitening effect by inhibiting the production of melanin, so it is also widely used in skin care products. In recent years, consumers’ attention to functional ingredients has driven the rapid development of collagen skin care products market. We believe that collagen is widely used and has a promising application prospect in the fields of medicine, beauty, cosmetics and so on.
Industry key words: bao’anrun, taojiuxia, L’Oreal, mobile supermarket, yhdos, etc
[platinum Anrun] platinum Anrun hyaluronic acid, the sole agent of Sihuan pharmaceutical, was approved.
[taojiuxia] the new liquor retail service brand “taojiuxia” won an angel round investment of 20 million yuan.
[L’Oreal] L’Oreal achieved an operating revenue of 9.06 billion euros in the first quarter of 2022, a year-on-year increase of + 13.5%.
[mobile supermarket] HEMA launched “mobile supermarket” in Shanghai.
[yhdos] the full link retail digital system “yhdos” independently developed by Yonghui has been put into use.
Plate Market Review
This week (April 18 to April 22), the retail trade index closed at 264206 points, down 3.31%, outperforming the Shanghai Composite Index (down 3.87% this week) by 0.56 percentage points, ranking 11th among the 31 primary industries. Among the retail segments, the brand cosmetics segment performed better this week, and the supermarket segment has increased the most since the beginning of 2022. In terms of individual stocks, this week Zhongxing Shenyang Commercial Building Group Co.Ltd(000715) (61.0%), Gansu Guofang Industry & Trade Group Limited By Share Ltd(601086) (27.1%), New Hua Du Supercenter Co.Ltd(002264) (24.5%) rose ahead.
Investment suggestion: focus on cosmetics, medical beauty, gold jewelry and supermarket
Investment main line 1 (cosmetics): continuous verification of large single product + multi-channel logic, focusing on recommending domestic beauty leaders Yunnan Botanee Bio-Technology Group Co.Ltd(300957) , Proya Cosmetics Co.Ltd(603605) , Lushang Health Industry Development Co.Ltd(600223) , and cosmetics raw materials leaders of beneficiary objects Nanjing Cosmos Chemical Co.Ltd(300856) etc;
Investment main line 2 (medical beauty): focus on recommending leading medical beauty products Imeik Technology Development Co.Ltd(300896) , Bloomage Biotechnology Corporation Limited(688363) ;
Investment main line 3 (gold jewelry and supermarket): pay attention to the increase of the market share of gold jewelry head brands, and highlight Guangdong Chj Industry Co.Ltd(002345) , Chow Tai Seng Jewellery Company Limited(002867) , DEA shares. In addition, pay attention to the marginal improvement of the operation of supermarket enterprises.
Risk tips: macroeconomic risks, repeated epidemics, intensified industry competition, etc.
