Established in July 2000, Siushintang Holdings Limited and its subsidiary (the “Group”) have maintained a leading position as a beauty and slimming service provider in Hong Kong and mainland China over the years by launching a series of innovative health and beauty treatments and products and striving to provide customers with the most professional and high-quality beauty and slimming services. The Group was listed on the Hong Kong Stock Exchange Limited GEM in November 2003 (stock code: 8200), becoming the first beauty and slimming company listed in Hong Kong. The Group currently has a total of six beauty and slimming centres in Hong Kong. Each beauty and slimming center operates under three brand names: “Slimshindo” (the Group's original brand), “Xingyue” (acquired in 2015), and “Mizu” (established in April 2023). Each beauty and slimming center offers a unique range of personalized beauty and slimming services, health management, and anti-aging treatment programs. Combining reliable and effective treatment procedures with careful follow-up services, tailor-made plans that are the healthiest and safest will surely create the most perfect skin, weight and body shape for customers. The Group's excellent products and service quality have always been widely recognized and praised by all circles, and the Group has been a “business exhibition care” organization for 10 consecutive years. To further diversify its business, the Group acquired distribution business in mainland China in 2005, distributed P&G (P&G) personal care products in Shanghai, and distributed beauty and skincare products from famous brands such as SK-II and OLAY in East China and West China. After years of development, the distribution network has been developed and perfected, and products from famous international brands have been added. With its existing beauty and slimming business, product distribution business and franchise cooperation business, the Group is fully equipped to provide customers with the highest quality services. The Group has expanded a number of new business segments in recent years to make full use of the Group's idle funds. In March 2015, the Group launched a new business division for securities investment, hoping that this business would diversify the Group's revenue sources and expand its revenue base. The securities investment business can also enable the Group to use capital more effectively and generate additional investment returns for idle funds. In May 2016, the Group launched another new business segment providing debt lending services. The Group provides secured and unsecured loans with a term of several months to three years. In terms of unsecured loans, the Group's enterprises and individuals serve small and medium-sized enterprises and merchants, including listed and unlisted companies in various industries. The debt lending business will diversify the Group's revenue sources, expand its revenue base, promote the use of the Group's capital, and enhance the overall interests of the Company and its shareholders.
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