Core Viewpoint - The immersive exhibition showcasing traditional Chinese craftsmanship and intangible cultural heritage at the AIIB annual meeting successfully attracted international attention and generated significant sales of cultural products. Group 1: Exhibition Overview - The AIIB's 10th Annual Meeting featured an exhibition from June 24 to 26, where 12 representative enterprises presented a diverse array of cultural products combining "intangible heritage skills, time-honored brands, and cultural IP" [2][4]. - The exhibition transformed intangible cultural heritage into tangible products such as fridge magnets, brooches, cloisonné items, tea sets, and handicrafts, making them accessible to attendees [3][5]. Group 2: International Reception - The exhibition attracted over a thousand domestic and international guests, with many foreign attendees expressing enthusiasm for traditional Chinese medicine and cultural products [3][4]. - Foreign guests actively purchased various cultural products, indicating a strong interest in experiencing and taking home elements of Chinese culture [4][9]. Group 3: Product Innovation - Companies like Yida Ge and the Cloisonné Factory showcased innovative products that blend traditional craftsmanship with modern design, such as scented candles and lifestyle products inspired by traditional ink culture [6][7]. - The collaboration between Cai Bai and cultural landmarks resulted in a jewelry series that creatively interprets royal garden architecture and cultural elements [7]. Group 4: Cultural Engagement - The exhibition emphasized interactive experiences, allowing foreign guests to engage with traditional techniques, thus breaking down cultural barriers and fostering a deeper understanding of Chinese culture [8][10]. - The focus on demand-driven cultural export rather than mere product promotion was highlighted, with an emphasis on creating meaningful connections with foreign audiences [10][11]. Group 5: Youth Engagement and Innovation - The rise of Generation Z has prompted traditional brands to adapt and innovate, making cultural heritage relevant to younger audiences through modern expressions [11][12]. - The importance of the "craftsman spirit" was emphasized, highlighting the need for patience, dedication, and respect for traditional culture in the transmission of skills to younger generations [12].

Core Insights - The "Party Building Leading Industry Innovation Joint Construction Mechanism" was officially launched, expanding from 3 to 15 member units within a year, focusing on product and service upgrades to meet evolving consumer demands [1][2] - The mechanism aims to integrate high-quality party building with high-quality enterprise development, addressing the disconnect between party building and business operations [1][2] Group 1 - The establishment of the joint construction mechanism is driven by a shared need among member units for "party building to lead innovative development" [1] - Member units have collaborated on over 60 projects with a total cooperation amount of nearly 27 million yuan, enhancing the health and elderly care industry [2] - The joint construction mechanism has successfully promoted the integration of party building and business practices, achieving significant results in both areas [2][3] Group 2 - The joint construction mechanism has facilitated the introduction of diverse health products, such as "Overnight Vitality Tea" and "Medicinal Diet Gift Boxes," which blend traditional Chinese medicine with modern health concepts [3] - Future activities will include initiatives like "Party Newspaper into Communities" and "Party Building Joint Construction into Communities, Enterprises, and Universities," aimed at delivering quality products to the public [3]

Core Viewpoint - The sudden discontinuation of the Alzheimer's drug, 甘露特钠胶囊 (brand name "九期一"), by Green Valley Pharmaceutical has led to a crisis for patients relying on this medication, with reports of counterfeit drugs flooding the market as a result of the supply shortage [1][2][4]. Group 1: Drug Supply Crisis - The discontinuation of 甘露特钠胶囊 began in early May 2025 and peaked in June, leaving many families of Alzheimer's patients in desperate search for alternatives [1][2]. - Green Valley Pharmaceutical stated that the production halt was due to the expiration of the drug's registration certificate, which is currently awaiting review [4]. Group 2: Counterfeit Drug Market - The shortage of the legitimate drug has led to a surge in counterfeit products being sold online, with misleading names such as "同仁堂甘露特钠胶囊" and "甘露药食同源浓缩丸" appearing on e-commerce platforms [6][11]. - Prices for the legitimate drug have skyrocketed, with reports of it being sold for as much as 5000 yuan per box, compared to the original monthly cost of approximately 296 yuan after insurance [4][2]. Group 3: Brand Misuse and Legal Issues - The issue of brand misuse is not new for 同仁堂, which previously reported 65 instances of its name being used fraudulently in March 2025 [11]. - The sale of counterfeit drugs has been identified as a criminal offense, with a notable case in May 2024 involving a live-streaming fraud scheme that targeted older adults, resulting in a financial loss of 30.89 million yuan [13].

Core Viewpoint - Tong Ren Tang has demonstrated resilience and growth in a complex macroeconomic environment, achieving steady revenue growth and maintaining its position as a leading traditional Chinese medicine enterprise [2]. Financial Performance - In 2024, Tong Ren Tang achieved operating revenue of 18.597 billion yuan, representing a year-on-year increase of 4.12% [2]. - The net profit attributable to shareholders of the listed company saw a decline, but the company managed to maintain growth in operating revenue and net assets through targeted strategies [2]. - The total cash dividend proposed for 2024 is 1.371 billion yuan, accounting for 89.86% of the net profit attributable to shareholders, reflecting the company's commitment to shareholder returns [3]. Marketing and Innovation - The company has implemented marketing reforms by increasing retail outlets, integrating online and offline operations, and expanding medical terminal businesses to enhance market competitiveness [2]. - Tong Ren Tang has increased investment in technological innovation to modernize traditional Chinese medicine, laying a solid foundation for long-term development [2][4]. Governance and Communication - The company continues to improve internal management systems and emphasizes the supervisory role of independent directors to ensure scientific and standardized decision-making [3]. - Management actively engages with investors through regular performance briefings and investor communication events to build trust and confidence [3]. Future Development Strategy - Tong Ren Tang plans to focus on high-quality development in the health sector, enhancing market share and brand influence through marketing reforms and brand building [4]. - The company aims to increase research and development investments, promoting the integration of traditional Chinese medicine with modern technology [4]. - Plans include expanding overseas markets and enhancing international brand influence through partnerships with global pharmaceutical companies [4]. Social Responsibility - The company is committed to sustainable development, increasing environmental investments, and engaging in public welfare activities to support the inheritance and development of traditional Chinese medicine [5]. - Future initiatives will focus on accelerating medical industrial upgrades and digital transformation to enhance productivity [5].

证券代码：600085 证券简称：同仁堂 公告编号：2025-016 北京同仁堂股份有限公司 2024年年度权益分派实施公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗 漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/27 | － | 2025/6/30 | 2025/6/30 | 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经北京同仁堂股份有限公司（以下简称公司）2025 年 6 月 16 日的2024年年度股东大会审议通过。 二、 分配方案 1. 发放年度：2024年年度 2. 分派对象： 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任 公司上海分公司（以下简称中国结算上海分公司）登记在册的本公司全体股东。 每股分配比例 A 股每股现金红利0.50元 相关日期 公司股东中国北京同仁堂（集团）有限责任公司的现金红利由公司自 ...

Core Viewpoint - The article highlights the successful cultural exchange and promotion of traditional Chinese medicine through the innovative branding of Beijing Tongrentang's "Shengmai Drink" at the FIBA OPEN 3x3 basketball tournament in Geneva, showcasing the integration of Eastern and Western cultures [1][9]. Group 1: Cultural Exchange and Branding - Beijing Tongrentang's "Shengmai Drink" features IP characters "Ginseng Doll" and "Dangshen Doll," which have gained significant attention and sparked discussions in Geneva, illustrating the appeal of Chinese herbal wisdom [1][3]. - The design of the IP characters combines traditional Chinese aesthetics with modern elements, attracting international audiences and facilitating cross-cultural communication [7][9]. Group 2: Health and Sports Integration - The brand promotes a health-conscious message that resonates with athletes, emphasizing the importance of health in sports performance, which aligns with the principles of traditional Chinese medicine [5][10]. - The "Shengmai Drink" embodies the concept of "benefiting qi and nourishing yin," effectively addressing the health needs of basketball players during the tournament [5][7]. Group 3: Global Expansion and Future Plans - Beijing Tongrentang has established a presence in 26 countries and regions with over 3,084 retail and medical service locations, transitioning from a local to a global brand [10]. - The company aims to continue promoting the modernization and internationalization of traditional Chinese medicine, enhancing global understanding of its cultural and health values [10].

Core Viewpoint - The establishment of the "Party Building Leading Industry Innovation Joint Mechanism" by Tongrentang Group, ShouLve Group, and Jingneng Group in June 2024 is a significant initiative aimed at enhancing the high-quality development of state-owned enterprises in the capital through the leadership of party organizations [1][2]. Group 1: Mechanism Establishment and Activities - The "Party Building Leading Industry Innovation Joint Mechanism" was established on June 20, 2024, and has since organized various activities, including a large-scale New Year market event that attracted over 6,000 participants and generated sales exceeding 1.35 million yuan [2][5]. - The mechanism emphasizes the integration of party building with business development, fostering collaboration among member units through various forms of interaction, such as meetings, visits, and business negotiations [3][4]. Group 2: Resource Sharing and Innovation - The mechanism promotes a model of "resource sharing, mutual learning, and common development," facilitating strategic cooperation across multiple sectors, including healthcare, tourism, and energy [4][6]. - Notable collaborations include partnerships between Tongrentang Group and various entities to enhance consumer experiences and service quality, as well as initiatives in the health and wellness sector [4][5]. Group 3: Impact and Expansion - The mechanism has expanded from 3 initial members to 11, covering diverse industries and achieving significant collaborative outcomes, including nearly 60 project partnerships with a total cooperation amount of approximately 27 million yuan [6][7]. - The initiative has garnered extensive media attention, with over 80 news articles published on its launch day, highlighting its role in promoting consumption upgrades and meeting public demand for better living standards [7][8]. Group 4: Future Plans - In celebration of its first anniversary, the mechanism plans to host a series of activities aimed at expanding its membership and engaging with local communities through health-related events and educational initiatives [8].

Core Insights - Beijing Tongrentang's Shengmai Drink participated as the official health partner in the "Symphony Youth" music festival, aiming to engage with university students and promote traditional Chinese medicine in a modern context [1][8] - The event featured interactive areas like the "Vitality Diagnosis Research Institute" and "Extreme Challenge Training Camp," allowing students to experience the health benefits of Shengmai Drink through creative engagement [3][8] - The festival coincided with Father's Day, enhancing emotional connections through a collective performance of "Father's Prose Poem," which elevated the event's atmosphere [5][10] Company and Industry Summary - Beijing Tongrentang Shengmai Drink's "Vitality Supply Station" became a focal point at the festival, attracting a large number of students eager to learn about health and traditional Chinese medicine [5][6] - The company effectively combined professional Chinese medicine consultations with a vibrant music festival, breaking down barriers between traditional culture and younger audiences [8][12] - The event highlighted the brand's commitment to innovation and cultural transmission, showcasing its role in the creative transformation and development of traditional Chinese medicine in contemporary society [8][12]

Core Viewpoint - The annual shareholder meeting of Beijing Tongrentang Technology Development Co., Ltd. highlighted the company's steady growth and future strategic planning despite a complex market environment [1][2]. Group 1: Company Performance - The company maintained a stable development trajectory over the past year by deepening internal management reforms, optimizing production processes, and enhancing product quality and service levels [1]. - The company increased its investment in research and development to drive product innovation and meet the diverse needs of the market [1]. Group 2: Shareholder Engagement - During the interactive session, shareholders actively discussed the company's performance, market presence, and long-term development strategies, providing valuable feedback and suggestions for future growth [2]. - The new management team demonstrated an open and positive attitude, carefully listening to shareholder concerns and responding sincerely, which strengthened shareholder trust in the management [2]. Group 3: Shareholder Appreciation - Following the meeting, the company organized a health consultation and a product showcase for attending shareholders, where traditional Chinese medicine experts provided health advice and cultural knowledge [4]. - The product showcase featured a variety of high-quality products, creating a warm and harmonious atmosphere for the event [4]. Group 4: Future Outlook - The company aims to use this meeting as a new starting point to remember its original intentions and strive for high-quality development [6].

Core Viewpoint - The recognition of Li Ning as a representative inheritor of the traditional production technique of Tongrentang's Xihuangwan signifies the importance of preserving and innovating traditional Chinese medicine practices in Beijing's cultural heritage [1][15]. Group 1: Company Overview - Tongrentang Technology Development Co., Ltd. has been involved in the traditional production of Chinese medicine, specifically Xihuangwan, which is a significant product in their portfolio [1]. - The company emphasizes the integration of traditional craftsmanship with modern techniques to enhance production efficiency and product quality [11]. Group 2: Skills and Techniques - Li Ning has mastered various intricate techniques in the production of Xihuangwan, including precise mixing of medicinal powders, careful control of ingredient ratios, and quality assurance through visual and tactile assessments [4][7]. - The production process involves multiple steps such as mixing, screening, drying, and coating, all of which require a high level of skill and attention to detail [5][9]. Group 3: Innovation and Adaptation - Li Ning has adapted the production techniques to meet modern standards, including the introduction of methods to ensure the stability of key components like bilirubin in the final product [9]. - The company has responded to increasing market demand by optimizing production processes, which has significantly improved yield rates and ensured a stable supply of Xihuangwan [11]. Group 4: Cultural Heritage and Education - Li Ning has taken on the role of mentor, establishing a skills master studio to pass on the traditional techniques to apprentices, thereby ensuring the continuity of this cultural heritage [13]. - The company actively participates in cultural events to promote traditional Chinese medicine and its values, enhancing public awareness and appreciation of its heritage [15].