Retinyl retinoate is a new vitamin A derivative with higher activity, obtained by the esterification reaction of the hydroxyl group of retinol and retinoic acid, while avoiding the limitations of retinol and retinoic acid in cosmetic applications; Retinyl retinoate retains the ring end group and side chain alkenyl group, still has the biological activity of retinol and retinoic acid, and its ability to promote skin regeneration is better than retinol and retinoic acid; It improves the optical stability and chemical stability of retinol, while reducing the irritation of retinol and retinoic acid.