Core Insights - China has become the world's second-largest cosmetics consumer market, driven by rising economic levels and increasing consumer demand for better living standards [1] - Domestic cosmetic brands are leveraging smart manufacturing, scientific innovation, and proprietary ingredients to reshape the market landscape traditionally dominated by international brands [1] Company Overview - Fulejia's Northern Beauty Valley industrial base covers over 100,000 square meters and includes R&D quality inspection centers, medical device workshops, and fully automated warehouses, representing a model of "smart factories" in Harbin [3] - The company emphasizes product innovation and R&D as its core production force, adhering to high standards across the R&D, production, and finished product stages [3][6] - Fulejia conducts comprehensive testing on its products, including clinical efficacy tests, safety evaluations, and stability assessments under various environmental conditions, ensuring high product quality [3][6] Production Process - The production process is fully automated, utilizing a control system that minimizes human intervention risks and ensures compliance with GMP standards through features like automatic cleaning and online sterilization [4] - All raw materials and packaging undergo rigorous testing upon arrival, and both semi-finished and finished products are subject to quality control checks throughout the production process [6] R&D and Innovation - Fulejia collaborates with several universities and research institutions, including Harbin Institute of Technology and Sichuan University, to enhance its R&D capabilities and develop new products [6] - The company has established a comprehensive R&D system and talent cultivation mechanism, integrating internal and external resources to drive continuous innovation [6] Product Range and Market Position - Fulejia offers over sixty specialized skin care products, including medical dressings and functional skin care items, and has developed proprietary cosmetic ingredients [7] - The company has transitioned from a pharmaceutical background to become a leader in medical dressings, showcasing its commitment to technology, efficacy, and quality [7]