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What is the relationship between Henan Hongzhida Cosmetics Company and Yali Cosmetics Company?
Competitive relationship. Yali Cosmetics Co., Ltd. was established in 2002. It is a multi-channel and multi-brand operating enterprise integrating beauty salons, CS boutiques, supermarkets, department stores, micro-commerce and e-commerce. Zhengzhou Hongzhida Cosmetics Co., Ltd. is a provincial cosmetics agency company that also mainly operates micro-commerce and beauty products. The two have always been in a competitive relationship, and even signed a gambling treaty in 2016. Zhengzhou Hongzhida Cosmetics Co., Ltd. is located in a high-end office building in Zhengdong New District. It has an elegant environment and complete supporting facilities. All departments of the company are well managed and the platform for promotion is broad. It embodies the people-oriented corporate philosophy at all times.
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