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Brand Database

KANS

2026-11-06 · Chicmax annual reports 2023-2025; C2CC brand ranking
CategoryMass Skincare
Founded2002
HeadquartersShanghai
ListingListed via parent Chicmax · 02145.HK (Dec 2022)
Latest revenueFY2025 brand revenue RMB 7.36bn; parent Chicmax RMB 9.18bn
Hero SKUsRed Waist Serum Set / White Waist Range

Brand History

Kans was founded in 2002 by Lu Yixiong under Chicmax. It started in TV shopping and CS channels, then rode variety-show sponsorships and celebrity endorsements into the domestic top tier, while drawing criticism for being marketing-heavy and product-light; Chicmax revenue sank to RMB 2.68bn in 2022.

The turnaround came in 2023, when Chicmax put its resources behind Douyin: short-drama placements to buy attention cheaply and brand self-broadcast to convert, with sets priced at RMB 200-300. Group revenue rose from RMB 4.19bn in 2023 to RMB 6.79bn in 2024 and RMB 9.18bn in 2025 (+35.12%), with Kans alone at RMB 7.36bn — the fastest-growing major domestic brand.

Hero Products

Red Waist Serum SetThe highest-volume hit, a serum-cream-eye-cream set built for livestream conversion.
White Waist RangeA brightening extension covering summer demand.
King Kong MaskAn early hit mask still used as a traffic item.
Time Gather RangeA mid-to-high price anti-aging line.

Three-Year Financials

YearRevenue (RMB bn)YoYNet profit (RMB bn)
202341.91——
202467.93+62.1%—
202591.78+35.12%超 11
Scope:Group level (Chicmax); Kans brand revenue RMB 7.36bn in 2025
Brand-level:Kans generated RMB 7.36bn in 2025, about 80% of group revenue and the second-largest domestic beauty brand; One Leaf and newpage make up most of the rest.
Source:Chicmax annual reports 2023-2025; C2CC brand ranking

Company Coverage

EDITOR'S NOTE

Observation: Kans compressed the attention-to-conversion chain with short dramas plus self-broadcast, the most effective growth model of 2023-2025. But it is highly replicable: any shift in platform traffic allocation or drama costs would stall growth. Chicmax's real test is turning hits like Red Waist into brand equity — making consumers remember Kans, not a particular drama.

Efficacy Skincare