Core Viewpoint - The company is currently facing legal issues related to the forgery of company seals, but its new drug development projects are progressing as planned, and the management is focused on enhancing operational efficiency and market expansion [1] Group 1: Legal and Operational Updates - The police have preliminarily identified the facts regarding the case of forgery involving He Qinghong, who has been arrested by the Huangyan District Procuratorate, with further investigations ongoing [1] - The company assures that its operations are normal and all business segments are developing steadily [1] Group 2: Strategic Initiatives - The management plans to leverage the innovative policies of the Boao Lecheng Pilot Zone to strengthen external collaborations and increase investment in innovative drug research [1] - The company holds a 51% stake in Boao International Hospital, which is intended to be developed into a high-level clinical research center and translational medicine platform [1] Group 3: Future Focus - In the second half of the year, the management will concentrate on the development of existing business segments, enhance market expansion efforts, and optimize asset utilization to improve operational performance and create greater value for shareholders [1]

Core Insights - Suzhou Concord Pharmaceutical launched its new B5 series products at the "Craftsmanship and Innovation" brand conference in Shanghai, including B5 essence, soothing essence water, soothing essence milk, and soothing cleansing milk [1] - The company initiated the "Guarding Craftsmanship Artisans" campaign in collaboration with People's Daily to infuse cultural connotations into brand development [1] - Suzhou Concord Pharmaceutical is one of the earliest companies in China to develop cosmetics in collaboration with dermatology, starting its journey in 1984 with the Chinese Academy of Medical Sciences [1] Company Strategy - The company emphasizes a commitment to "medical research co-creation," ensuring that every product undergoes clinical validation and consumer feedback [2] - It aims to deepen the construction of a skin database for Chinese consumers, focusing on core ingredients like vitamins and traditional Chinese herbs to address real skincare needs [2] - The mission is to protect the skin health of Chinese people while balancing tradition and innovation, prioritizing consumer trust through professional, safe, and effective products [2]