民生健康：下半年度，公司将有多款重点新品上市

Core Viewpoint - Minsheng Health announced on August 27 that the analysis of gross margin and product expense ratio should be considered together from the perspective of internal management and overall product planning [1] Group 1: Financial Metrics - The decrease in sales expense ratio is attributed to the company's different channels and sales models, rather than a reduction in promotional and e-commerce service fees [1] - The company expects that the impact of new product launches on the overall sales expense ratio will not be particularly significant [1] Group 2: Product Strategy - Multiple key new products are set to be launched in the second half of the year, which will involve certain expense allocations [1]