Group 1 - The core point of the article is the establishment of a new company, Beijing Pianzaihuang Health Technology Development Co., Ltd., by Pianzaihuang, which indicates an expansion into the health and cosmetics sector [1] - The new company has a registered capital of 90 million yuan, which reflects a significant investment in the health and cosmetics industry [1] - The business scope of the new company includes wholesale and retail of cosmetics, research and development of new material technology, and sales of medical devices, indicating a diversified approach to health and beauty products [1] Group 2 - The new company is wholly owned by Fujian Pianzaihuang Cosmetics Co., Ltd., showcasing the strategic direction of Pianzaihuang in leveraging its existing brand for new ventures [1]