Group 1 - Watson Bio announced the receipt of an invention patent certificate for "integrated equipment for cleaning, disinfecting, and drying vaccine bottles" from the National Intellectual Property Administration of China [1] - For the first half of 2025, Watson Bio's revenue composition is as follows: 94.82% from self-developed vaccines, 4.67% from intermediate products, 0.26% from other businesses, and 0.24% from service income [1] - As of the report date, Watson Bio's market capitalization stands at 18.4 billion yuan [1] Group 2 - The competition between Farmer and Yibao has intensified, with Farmer's green bottle launch leading to a nearly 5 percentage point drop in Yibao's market share [1]