比起流量爆款，盒马更想要滔滔不绝。 在苹果黄芪水和陈皮四神水在社交媒体掀起"猎奇"热潮之后，盒马又在近期推出了与中药老字号企业李 良济合作的养生水系列新品——暑清元气水和五汁饮。加上此前推出的无花果亚麻籽水、五指毛桃玄米 水、双叶双瓜水等自有品牌轻养水，盒马上新的养生水已近20款。 与很多市面上的一些品牌需要不断打造网红爆品，接力流量的模式不同，作为渠道品牌，盒马在养生水 产品上的选择是一次性上架多种饮品，既有无糖茶，也做养生水，让不爱喝水的人可以换着选。 盒马货架上出现多款养生水饮 盒马官方 关于养生水的产品定位，盒马水饮研发采购清釉坦言，能够吸引大家好奇、尝试就说明市场对于这种带 有养生属性的"水替"有需求，但同时大家对于这两款商品口味的反馈是两极分化的，有消费者觉得喜欢 可以接受，也有一部分消费者觉得药味过重。所以今年，盒马便开辟了适口性更强的轻养水系列，其中 无花果亚麻籽轻养水在今年4月的销量已经超过市面上风头最盛的红豆薏米水，一跃成为盒马植物饮料 销售榜首。 清釉表示，经过近半年的探索和尝试，盒马的水饮研发采购们发现，开发"药食同源"商品，"食"才是关 键，如果一味地强调"药"，则会弱化养生水"水替 ...

丨证券研究报告丨 公司研究丨点评报告丨东阿阿胶（000423.SZ） [Table_Title] 阿胶持续高成长，分红比例可观 报告要点 [Table_Summary] 2025 年 4 月 28 日，公司发布 2025 年一季报。2025 Q1 公司实现营业收入 17.19 亿元 （+18.24%）；归母净利润 4.25 亿元（+20.25%）；扣非归母净利润 4.16 亿元（+26.69%）。 分析师及联系人 [Table_Author] 彭英骐 张楠 SAC：S0490524030005 SAC：S0490524070006 SFC：BUZ392 research.95579.com 1 东阿阿胶（000423.SZ） cjzqdt11111 [Table_Title2] 阿胶持续高成长，分红比例可观 请阅读最后评级说明和重要声明 [Table_Summary2] 事件描述 %% %% 2025 年 4 月 28 日，公司发布 2025 年一季报。2025 Q1 公司实现营业收入 17.19 亿元 （+18.24%）；归母净利润 4.25 亿元（+20.25%）；扣非归母净利润 4.16 亿元（+26. ...

又到一年一度的母亲节，我们习惯用鲜花与祝福传递爱意，却容易忽视妈妈们藏在笑容背后的健康隐 忧。夜里辗转反侧难以入眠，情绪时常烦躁低落，体检报告上血脂指标亮起的 "红灯"…… 这些看似平 常的健康问题，正悄悄影响着她们的生活质量。中医专家指出，睡眠与血脂问题紧密相连，掌握科学调 理方法，帮助妈妈们重拾健康活力。 从中医角度来看，妈妈们出现睡眠与血脂问题，并非偶然。中医经典《黄帝内经》记载："女子七七， 任脉虚，太冲脉衰少，天癸竭。" 随着年龄增长，女性体内肾气渐衰，引发肾、肝、脾三脏功能失调， 进而导致气血阴阳失衡，出现睡眠障碍与血脂异常等一系列健康问题。 中医角度：解码中老年女性健康问题根源 肾为 "先天之本"，其阴阳失衡会引发一系列连锁反应。肝藏血，肾藏精，精血同源，肾阴不足易致肝 阴亏虚，引发肝阳上亢，出现情绪波动、烦躁易怒等症状，进而扰动心神，导致睡眠障碍。同时，肝郁 气滞会横逆犯脾，影响脾胃运化功能。脾胃作为 "后天之本"，主运化水谷精微，肾气不足及肝郁双重 影响下，脾胃运化失常，水谷精微代谢紊乱，聚而生痰，痰湿阻滞，一方面导致血脂异常，另一方面影 响气血生成与运行，进一步加重气血阴阳失衡，最终引发睡 ...

Core Viewpoint - The article emphasizes the importance of traditional Chinese exercise methods, such as Tai Chi and Ba Duan Jin, in promoting health and wellness through movement and exercise, highlighting their accessibility and popularity among various age groups [2][3]. Group 1: Traditional Chinese Exercise - Traditional Chinese exercises like Tai Chi, Wu Qin Xi, Yi Jin Jing, and Ba Duan Jin are recognized for their health benefits, including balancing yin and yang and promoting blood circulation [3]. - These exercises are increasingly integrated into community fitness programs, making them widely accessible [2]. Group 2: Exercise Intensity and Personalization - Exercise intensity should be tailored to individual health conditions; for instance, those with yang deficiency should engage in gentler exercises like Tai Chi and Ba Duan Jin [3][4]. - The recommended exercise intensity can be gauged using heart rate formulas, with moderate intensity defined as 60%-70% of the maximum heart rate [5]. Group 3: Seasonal Exercise Recommendations - The article outlines seasonal exercise guidelines: spring and summer are for "nurturing yang" with more vigorous activities, while autumn and winter focus on "nurturing yin" with gentler exercises [6][8]. - It is advised to exercise in the morning during spring and summer to align with natural energy patterns, while autumn and winter workouts should be softer and preferably done in the afternoon [6][8]. Group 4: Warm-Up and Safety - Proper warm-up is crucial to prevent injuries, emphasizing gentle stretching and gradual intensity increase [9][10]. - Observing body signals during exercise is essential; signs of overexertion include rapid breathing and excessive sweating, which should be avoided [4][5]. Group 5: Post-Exercise Care - After exercising, it is important to engage in cool-down activities to prevent blood stagnation and ensure proper recovery [12][13]. - Hydration should be managed carefully post-exercise, with recommendations for gradual intake rather than large amounts at once [12][13].

国务院新闻办举行发布会，多部门介绍民营经济促进法有关情况。 习近平主席署名文章引发俄罗斯各界热烈反响。 今日摘要 习近平抵达莫斯科对俄罗斯进行国事访问并出席纪念苏联伟大卫国战争胜利80周年庆典。 习近平出席俄罗斯总统举行的欢迎仪式。 习近平同俄罗斯总统会谈。 习近平向"和平薪火时代新章——纪念中国人民抗日战争和苏联伟大卫国战争胜利80周年中俄人文交流 活动"致贺信。 《平"语"近人——习近平喜欢的典故》（国际版）在俄罗斯主流媒体播出。 丁薛祥会见沙特阿美董事长。 内容速览 习近平抵达莫斯科对俄罗斯进行国事访问并出席纪念苏联伟大卫国战争胜利80周年庆典 当地时间5月7日晚，国家主席习近平乘专机抵达莫斯科，应俄罗斯总统普京邀请，对俄罗斯进行国事访 问并出席纪念苏联伟大卫国战争胜利80周年庆典。 习近平出席俄罗斯总统举行的欢迎仪式 当地时间5月8日上午，国家主席习近平出席俄罗斯总统普京在克里姆林宫举行的欢迎仪式。 习近平同俄罗斯总统会谈 当地时间5月8日上午，俄罗斯总统普京同中国国家主席习近平在莫斯科克里姆林宫举行会谈。两国元首 就中俄关系和重大国际和地区问题深入交换意见，一致同意坚定不移深化战略协作，推动中俄关系 ...

Core Insights - The Chinese pet economy is rapidly growing, moving towards a trillion-yuan market scale, reflecting changes in consumer attitudes, technological advancements, and cultural shifts [1] Group 1: Key Trends in Pet Consumption - Nutritional health is evolving towards a refined and localized integration of "health preservation," with a growing demand for functional supplements targeting specific health issues [3][5] - The rise of smart pet products is reshaping pet care experiences, with innovations in feeding devices, water dispensers, and monitoring equipment addressing convenience needs [6][8] - The pet consumption landscape is witnessing a shift towards high-end and personalized products, driven by younger consumers willing to invest in their pets' quality of life [10] Group 2: Market Dynamics - Domestic brands are gaining traction in the pet food market, leveraging insights into local consumer preferences and enhancing supply chain capabilities [10] - Online channels dominate pet consumption, with social e-commerce platforms increasingly influencing consumer decisions through content sharing and influencer marketing [12] - There is a rising awareness of pet health, leading to the professionalization of veterinary services and the emergence of a nascent pet insurance market with significant growth potential [14] Group 3: Consumer Preferences - Consumers are increasingly focused on "natural" and "transparent" products, demanding clear labeling of ingredients and nutritional information to build brand trust [16]

Core Viewpoint - The event aims to promote the integration of health and wellness industries with cultural tourism and medical fields, focusing on the core values of Zhang Sanfeng's martial arts and Daoist health concepts, while enhancing cultural heritage and brand empowerment [3]. Group 1: Event Overview - The event held on May 6 in Fuxin, Liaoning, is the 15th "Zhang Sanfeng Cup" Martial Arts Health Exchange Conference [1]. - The conference is part of a broader initiative to establish Fuxin as a national hub for martial arts health culture and wellness tourism [3]. Group 2: Investment and Development - A total investment of approximately 3.5 billion yuan (around 0.5 billion USD) was secured through the signing of 24 investment projects during the event [5]. - The county aims to create a unique wellness culture destination by integrating traditional and modern elements, focusing on health and leisure tourism [3]. Group 3: Cultural and Health Integration - The initiative includes the establishment of the first "Taiji Wellness Resort" in the country, centered around the globally rare sodium bicarbonate spring [3]. - The event will feature various activities, including expert exchange meetings, martial arts health exchanges, and the launch of the "Blue Book on the Development of Sanfeng Daoist Health Culture" [5].

早上七点半，林茉走进了天津中医药大学第一附属医院南院区，迎接她的不是中药味道或消毒水味道，而是一股淡淡的面包香气。 香气来自门诊大厅一楼的药食坊。林茉打算看完诊也去那里选购几个最近很火的中式面包。 谁在买？ 位于天津中医药大学第一附属医院一层的烘焙店，图/苏影摄 新中式养生在社交媒体上蔚然成风，带有"药食同源"标签的中式面包也开始受到年轻人追捧。不少人把中式面包门店当作新的网红打卡点，爆款内容更是 收获了上千次的点赞与互动。 这听起来既陌生又熟悉的中式面包，到底有多养生，又是哪些人在买？ 除了刷爆社媒和线下排队，还有什么能证明中式面包火了？那可能就是出现了"李鬼"。 4月下旬，刚开卖"药膳面包"没多久的扬州市中医院就发出严正声明，指出仅有医院食堂窗口一处售卖药膳面包，提醒消费者避免购买到仿冒产品。 扬州市中医院的药膳面包刚推出就成了本地爆款，上市首日数千个面包在1小时内便售罄，餐厅外排队买面包简直成了医院一景。 八珍司康、甘麦大枣包、七宝美髯包……单是名字就已经足够让中国人的DNA动了，据说药膳粽子、祛湿绿豆糕也已经在开发的路上了。 近年来"美食奇观"不断的贵州也闯进了中式面包圈。 继省人民医院食堂月饼之后， ...

Core Viewpoint - The "Guangdong Three Treasures" has become the most popular product during the May Day holiday in Guangzhou's Beijing Road shopping district, appealing to both local residents and tourists [3][4][5]. Sales Performance - During the five-day holiday, the "Guangdong Three Treasures" series achieved an average daily sales of nearly 300 units in physical stores and over 50 online orders [4][19]. - The product has gained significant traction since its launch on April 15, with the first batch of over 3,000 units sold out within two weeks [14][15]. Product Composition - "Guangdong Three Treasures" consists of three types of local agricultural products: Xinhui Chenpi, Huaju Hong, and Chunsan Ren, emphasizing "genuine origin, genuine year, and genuine quality" [12][13]. Market Strategy - The product aims to establish itself as a precious souvenir for Guangdong residents, with a focus on promoting local health culture [12][13]. - A marketing plan named "Ten Thousand Miles Journey" will be initiated to engage consumers in cities like Beijing, Shanghai, Wuhan, and Nanjing, enhancing awareness of the product's health benefits [21][22][23]. Consumer Engagement - The product has been well-received, with a 100% positive rating on JD platform, placing it among the top 10 in the platform's ratings [16]. - The company has also launched a "Guangdong Three Treasures" dietary guide and a special health recipe for the holiday, encouraging consumers to adopt a healthier lifestyle [20].

"五一"假期怎么玩？记者近日采访了解到，"运动+养生"成为假日经济新亮点。在成都"世运热"加持 下，小众运动加速"出圈"，专业运动装备市场火热；同时，养生经济持续升温，中药奶茶等健康消费新 业态不断涌现。文化旅游与体育赛事、健康养生融合，展现出健康生活理念与消费升级趋势的交融，也 为这个假期增添了别样的活力与色彩。 记者在京东MALL的智能手环、手表区看到，不少市民游客正咨询最新型号，便于运动时监测身体数 据。"95后"市民杨女士说，"希望可以监测我自己的运动表现，还有进行日常的睡眠、精力、压力管理 等，所以我就买了手环戴上。"西南大学体育学院院长黄晓灵认为，年轻群体的健康消费趋势是蓬勃向 上的，预计在未来5年，智能化、个性化、便捷化的健康服务，将成为市场增长的核心引擎之一。 艾灸推拿、中药奶茶 小众运动加速"出圈" 专业运动装备热销 在兴隆湖畔，清晨的一场环湖跑拉开了假期的帷幕。成都建设世界赛事名城，大运会、汤尤杯、国际乒 联混合团体世界杯等多场高水平赛事扎堆举行，源源不断的赛事流量转化为动力澎湃的消费增量。这 个"五一"，在成都，中超足球联赛、国际篮联顶级三人篮球赛事、郫都区荧光夜跑等体育活动再次 把"跟 ...