[True Burn Hong Kong Stock Trends] City Beauty (02298.HK) key management successively increases holdings, expressing full confidence in the company's prospects.

$COSMO LADY(02298.HK) Ms. Wu Xiaoli, an executive director, increased her holdings in the company by a total of 3,078,000 shares in the open market from April 13 to 15, 2026, at an average price of approximately HK$0.366 per share. After the increase, Ms. Wu and her spouse, Mr. Zheng Yaonan, jointly hold 805,512,201 shares in the company, representing 35.81% of the company's issued shares.

Since April 2026, the company's key management, including Ms. Wu and Vice Chairman & Executive Director Mr. Zhang Shengfeng, have successively increased their holdings in the open market, demonstrating management's confidence in the company's value and development prospects.

In 2025, the Group drove market demand with a hit product matrix, making steady progress in e-commerce expansion, channel upgrades, and new business incubation, enabling the Group to maintain its leading market position in women's underwear sales nationwide for the eighth consecutive year. In 2025, the Group's online business for intimate apparel products achieved leapfrog expansion, with e-commerce Gross Merchandise Volume (GMV) growing significantly by nearly 175% to over RMB 4.3 billion, thereby driving the performance of the "Intimate Apparel Products" segment to increase by 54.8% year-on-year to approximately RMB 137.8 million.

Ms. Wu stated that in 2026, the Group will adhere to the principle of seeking progress while maintaining stability. The main brand "Cosmo Lady" will focus resources on improving the performance of excellent stores, enhancing overall store efficiency, and consolidating market share; the sub-brand "Pure Cotton Home" will maintain a high-growth trajectory by strengthening its product matrix and optimizing operational management. Regarding e-commerce, Ms. Wu expressed confidence in achieving the 2026 GMV target of RMB 7 billion. The Group will achieve this goal by deepening cooperation with suppliers, continuing the co-creation strategy for hit products, and intensifying efforts to incubate e-commerce joint venture clients with billion-yuan scale.