Home Xiuyu Group Files IPO Prospectus Following Strategic Acquisition of Haiyi Yuemei, Expanding Its Network to Over 900 Direct-Operated Beauty Salons and 20 Chunyu Medical Aesthetic Clinics

Xiuyu Group Files IPO Prospectus Following Strategic Acquisition of Haiyi Yuemei, Expanding Its Network to Over 900 Direct-Operated Beauty Salons and 20 Chunyu Medical Aesthetic Clinics

Jun 25, 2018 20:25 CST Updated 20:25

VCBeat (WeChat ID: vcbeat) has learned that on June 24, the “Future, More Beautiful” celebration marking the second anniversary of Haiyi Yuemei, jointly organized by Xiuyu Group and Beijing Haiyi Yuemei Medical Aesthetics, was grandly held in Haidian District, Beijing. Through capital acquisition, Xiuyu Group has completed its controlling stake in Haiyi Yuemei, officially making Haiyi Yuemei Medical Aesthetics Outpatient Department a new member of the Xiuyu Group.


According to available information, Haiyi Yuemei Medical Aesthetic Clinic was formerly the Center for Medical Cosmetology and Plastic Surgery of the Navy General Hospital. Established in 1990, it was one of the earliest medical institutions in China to offer cosmetic and plastic surgery services. Over the past 28 years, through the relentless efforts of generations of Haiyi professionals, it has developed into a nationally renowned brand in medical aesthetics and plastic surgery. It ranks among the industry leaders in terms of expert teams, technical expertise, medical equipment, nursing staff quality, and service systems. In 2016, the Center for Medical Cosmetology and Plastic Surgery of the Navy General Hospital was relocated in its entirety to the Zizhuyuan Park area and renamed Haiyi Yuemei Medical Aesthetic Clinic.


Established in 2005, Xiuyu Group has grown to operate more than 900 directly managed beauty salons, over 20 Chunyu clinics, and a lingerie manufacturing facility in Taiwan. The addition of Haiyi Yuemei represents a strategic move in Xiuyu’s upgrade initiative.


Regarding this collaboration, Ms. Li Xiaoning, Chairwoman of Xiuyu Group, stated, “Haiyi Yuemei’s values align with those of Xiuyu Group. For many years, we have been committed to providing safe, effective, and cost-effective medical aesthetic services, creating long-term beauty and satisfaction for our customers. This shared commitment is the foundation of our partnership.”


Hong Wei, Chief President of Chunyu Medical under the Xiuyu Group, emphasized that Haiyi Yuemei prioritizes naturalness and safety as its core principles in injection procedures. The medical philosophy of Haiyi Yuemei aligns with the future development direction of Chunyu. The integration of the Haiyi Yuemei team into the Xiuyu Group has provided robust expert support for the group’s professional development in medical aesthetics, facilitating Xiuyu Group’s strategic upgrade and growth.


Zhao Zidian, Dean of Haiyi Yuemei, stated that Haiyi Yuemei’s 28 years of professional medical experience have been highly significant to the rapid growth of Chunyu. Meanwhile, Xiuyu Group’s expertise in the chain-based management of customer resources has provided even greater support for Haiyi Yuemei’s own development. With Haiyi Yuemei joining Xiuyu Group, the two parties have formed a powerful alliance, leveraging complementary advantages and further upgrading their industry integration capabilities.