Yatsen Announces Completion of First Tranche in Previously Announced Private Placement and Hillhouse Participation

GUANGZHOU, China, May 21, 2026 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading China-based beauty group, today announced the participation of Hillhouse in the Company's previously announced private placement of RMB-denominated convertible senior...