Chinese skincare brand Lin Qingxuan’s parent company, Shanghai Lin Qingxuan Biotechnology, has added a new shareholder, Youngor Fashion (Shanghai) Technology , which now holds a 4.49% stake, making it the fourth largest shareholder in Lin Qingxuan, according to commercial query platform Tianyancha. In 2020, Youngor also acquired a 2.3% stake in another Chinese skincare brand Kans’ parent company, Shangmei. The group has previously made several investments in the fashion sector, including stakes in the American designer brand Alexander Wang, the American streetwear brand Undefeated, and the Norwegian outdoor brand Helly Hansen.