復䢇醫療科技有限公司* Sisram Medical Ltd 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 於本公告日期，本公司董事會成員包括執行董事Lior Moshe DAYAN先生及李家 宏先生；非執行董事劉毅先生、馮蓉麗女士及Caroline Xiaokui JIN女士；獨立非 執行董事方香生先生、陳志峰先生、陳怡芳女士及廖啟宇先生。 （ 於 以 色 列 註 冊 成 立 的 有 限 公 司 ） （股份代號：1696） 自願公告 本公告乃由復銳醫療科技有限公司（「本公司」）自願發佈。 本公司欣然宣佈旗下獲再授權注射用A型肉毒毒素（DaxibotulinumtoxinA-lanm， 中國境內商標達希斐®，英文商標DAXXIFY®，項目代號RT002，以下簡稱「達希 斐」）已通過中華人民共和國（「中國」）食品藥品檢定研究院質量標準檢驗。該產品 適用於暫時性改善成人因皺眉肌和╱或降眉間肌活動引起的中度至重度眉間紋。 截至本公告發佈之日，於中國境內尚 ...

New Consumption Highlights - Yili launched a garlic-flavored yogurt drink, a creative addition to its yogurt series with playful packaging [3] - Lays introduced a new Spring Festival limited series featuring Kung Fu Panda-themed packaging [3] - Watsons released an AI-designed series of Hong Kong landmark packaging for its distilled water products [3] - Heytea collaborated with Pop Mart for a second wave of co-branded products, including a tiramisu-flavored drink [4] - Yili announced plans to launch a -196°C frozen berry-flavored ice cream in 2026, utilizing liquid nitrogen technology [5] - Genki Forest upgraded its "Ice Blast Little Lime" sparkling water with a fresher lemon flavor and new packaging [7] - Nongfu Spring introduced a new "Pure Transparent Square Ice" product at Sam's Club, designed for wine and cocktail use [7] - Manner launched a winter specialty drink, grapefruit hot Americano, available from December 30 [8] - Guming began selling bottled juices in select stores, including 100% HPP apple juice [10] - Xu Fu Ji plans to distribute 100 million candies nationwide as part of a promotional campaign [12] - JD.com will fully implement national subsidies for various home appliances and electronics starting January 1 [15] - Cafe Deco Group from Hong Kong filed for an IPO in the US, aiming to raise up to $13 million [12] - The new Chinese health drink market is projected to reach a scale of 10 billion yuan, driven by the trend of convenient health solutions [12] - Qinghua Fenjiu was recognized as a world-renowned wine town, highlighting its significance in the liquor industry [12] Industry Events - Wuliangye received the Most Investment Value Listed Company award at the 2025 Jin Junma Awards [12] - JD.com announced a partnership with the national subsidy program to support consumer electronics purchases [15] - UU Delivery launched a cross-year rescue service in 20 cities to address transportation challenges during New Year's Eve [16] - Longan's Deep Blue Automotive secured over 6.1 billion yuan in Series C financing to support its electric vehicle platform [20] - Neurable, a brain-computer interface headphone brand, raised $35 million in Series A funding for commercialization [20] - Micro-Nano Star completed a 1 billion yuan Series D financing round, recognized for its capabilities in satellite manufacturing [20] Food Industry Developments - Nissin Foods announced its first foray into the ice cream business through the acquisition of Seria Roile [28] - Hema launched its 2026 New Year Festival, featuring a wide range of festive products [28] - Pizza Hut tested the night snack market with a new brand, Pizza Grill Skewers, in Shanghai [28] - Orion plans to invest 11 billion won to expand its production facilities in Russia by 2027 [28] - Yi Li released its first interactive drama short film in the dairy industry [28] - Xiangpiaopiao announced plans to establish subsidiaries in Singapore and Thailand, investing 268 million yuan in a beverage production base [28] New Brand Initiatives - FILA Kids opened a new store at Beijing Universal City, enhancing its retail strategy [33] - Adidas launched a new pet clothing line inspired by traditional Chinese aesthetics [33] - Kidswant opened a new flagship store in Beijing, marking a significant expansion in high-line cities [35] - Hunter opened its first store in Jiangsu, focusing on a nature-inspired shopping experience [36] - Arome Manpo launched its first flagship store in Shanghai, emphasizing a unique design concept [38]

Group 1 - The core viewpoint of the article highlights the surge in local consumption and transportation demand during the New Year holiday, with Didi reporting a projected taxi demand exceeding 80 million on December 31 [2] - The bathing industry is expected to experience significant growth in 2025, with a more than sixfold increase in search volume for keywords related to 24-hour bathing centers in the week leading up to New Year's [2] - Nanjing Jiuhua Spa's manager anticipates a record high in customer flow and transaction volume during the holiday, estimating a 40%-50% increase compared to the same period last year [2][3] Group 2 - The bathing experience has evolved from a traditional cleaning service to a comprehensive urban micro-vacation destination, appealing primarily to the 18-35 age group, which constitutes over 60% of the customer base [3] - KTV has emerged as a surprising growth area in service consumption, with transaction volume increasing nearly 30% in the two weeks leading up to New Year's, particularly among the post-2000 generation, which saw a growth rate exceeding 57% [4] - The demand for beauty services, including hair and nail treatments, has surged, with discussions about these services increasing by nearly 40% year-on-year, and beauty professionals experiencing nearly 100% income growth compared to last year [4]

Group 1: Local Consumption Trends - The demand for local consumption and ride-hailing services is surging as the New Year holiday approaches, with Didi reporting an expected ride-hailing demand exceeding 80 million on December 31 [1] - The bathing industry is projected to experience significant growth in 2025, with search volume for keywords related to 24-hour bathing centers increasing over six times year-on-year in the week leading up to New Year [1] Group 2: Bathing Industry Insights - The general manager of Nanjing Jiuhua Hot Spring Life Hall anticipates a record high in customer flow and transaction volume during the New Year period, estimating a 40%-50% increase compared to the same period last year [3] - The core customer demographic for Jiuhua Hot Spring is primarily young individuals aged 18-35, making up over 60% of the clientele, with family customers steadily increasing to 25% [3] - The establishment has evolved from a traditional bathing service to a comprehensive urban micro-vacation destination, enhancing customer experience with amenities like free tea and gaming areas, resulting in an average stay of 10 hours [3] Group 3: KTV and Beauty Industry Performance - The KTV industry has emerged as a surprising performer during the New Year holiday, with transaction volume increasing nearly 30% year-on-year in the two weeks leading up to the holiday, particularly in Taiyuan and Changsha where growth exceeded 70% [4] - The 00s generation is the fastest-growing demographic in KTV transactions, with a year-on-year increase of over 57% [4] - The beauty industry has also seen a surge in activity, with nearly 200,000 beauty service providers on platforms experiencing close to 100% income growth year-on-year during the weekend before New Year [5] Group 4: Ride-Hailing Demand Surge - Midnight ride-hailing demand spiked as many opted to celebrate New Year outside, with Didi predicting an 11% year-on-year increase in ride requests in the half-hour leading up to midnight [5] - The demand for high-quality transportation services, such as Didi's premium and luxury car options, is expected to rise significantly, with increases of 226% and 188% respectively compared to the previous week [5]

Core Insights - The leisure and entertainment consumption is experiencing a significant boost driven by the New Year atmosphere and winter weather conditions, with various sectors showing remarkable growth in search and transaction volumes [1][2]. Group 1: Consumption Trends - The search volume for beauty services, including hairdressing, nail art, and eyelash extensions, doubled in the week leading up to New Year's Day [1]. - KTV bookings saw a transaction scale increase of over 44% year-on-year, with new AI-driven entertainment options contributing to this growth [1]. - The keyword "24-hour bathing centers" experienced a search volume increase of over 6 times, indicating a strong interest in traditional winter leisure activities [1]. Group 2: Regional Performance - Harbin led the transaction growth for bathing centers with a remarkable increase of over 211% compared to the previous period, making it the city with the highest growth rate [1]. - Cities like Taiyuan and Changsha reported KTV transaction growth exceeding 70%, with the post-2000 generation showing the highest increase in participation, up over 57% year-on-year [2]. Group 3: Market Dynamics - The beauty service sector saw a nearly 40% increase in discussion and reviews, particularly among the 20-35 age group in major cities like Shanghai, Beijing, and Shenzhen [1]. - To further stimulate consumption during the New Year, the company plans to launch multiple promotional activities aimed at enhancing urban consumption vitality [2].

Core Insights - The New Year's consumption trend is shifting towards a more diversified and decentralized approach, with young consumers opting for home celebrations and experiences rather than traditional large gatherings [1][11] Group 1: Consumption Trends - Home-based celebrations are becoming popular among young consumers, with significant increases in sales of alcoholic beverages and digital products. For instance, craft beer and white wine sales have both seen over 100% year-on-year growth, while brandy sales surged by over 230%. Smartwatches and tablets also emerged as popular self-gifting items, with smartwatch sales increasing by 610% [3][5] - The search volume for unique and low-alcohol beverages has risen, indicating a shift in consumer preferences towards emotional value and participation rather than excessive drinking [5][11] Group 2: Service Consumption - Service consumption is trending towards collective relaxation, with significant increases in searches for beauty services such as haircuts, manicures, and eyelash extensions, which have doubled year-on-year. The popularity of KTV and bathing centers has also surged, with KTV transactions increasing by nearly 30% in the weeks leading up to New Year's [8][10][11] - The bathing industry is expected to experience significant growth by 2025, with a notable increase in transaction volumes during the winter season, particularly in cities like Harbin, where transaction growth exceeded 211% [10][11]

Core Insights - The article discusses the potential of blockchain technology in enhancing the trust and transparency of cash register systems in the beauty industry, addressing the skepticism surrounding traditional systems and their vulnerabilities [1][2][5]. Group 1: Traditional Cash Register Issues - Traditional cash register systems, even those using SaaS software, store data on service providers' servers, leading to a lack of trust among business owners regarding data security and accuracy [2]. - Key issues include data black box concerns, where critical data like transactions and employee commissions may be tampered with, making it difficult for owners to verify [3][4]. - The lack of a universally trusted "public ledger" creates a trust deficit among owners, customers, and employees [5]. Group 2: Blockchain's Role - Blockchain is described as a "distributed, tamper-proof public ledger," which can significantly enhance cash register systems in the beauty industry by ensuring every transaction is recorded and immutable [6]. - It allows for complete transaction traceability, meaning every customer transaction is logged from order generation to payment and redemption, providing undeniable proof of financial records [6]. - Enhanced internal controls can be achieved through strict permission management, where every employee action is recorded on the blockchain, increasing transparency and accountability [8]. Group 3: Business Value of Blockchain - Blockchain addresses specific needs for trust and transparency, particularly for beauty businesses that prioritize brand reputation and have high customer transaction volumes [10]. - It can free business owners from concerns about theft and reconciliation, allowing them to focus on service and operations, while providing a solid data foundation for financing and expansion [10]. - Customers benefit from clear consumption records, enhancing their trust and loyalty, while the industry as a whole can improve its reputation and attract higher-quality clients [10]. Group 4: Practical Considerations - The current application of blockchain may be costly for most small to medium-sized beauty businesses, and it is still in the exploratory phase [12]. - A more pragmatic approach is to adopt mature SaaS systems that ensure data security, operational transparency, and robust after-sales service, addressing immediate digitalization needs [12]. - As businesses grow and demand for data trust and security increases, integrating advanced technologies like blockchain can become a natural progression [12]. Group 5: Industry Reflection - Blockchain serves as a reflection of the beauty industry's fundamental need for trustworthy digital transformation, shifting from mere tool efficiency to a desire for system credibility [13]. - The digitalization journey in the beauty sector involves connecting and online processes initially, followed by a focus on trust and intelligence to build deep customer relationships and a stable operational foundation [13].

Core Insights - The service consumption sector is experiencing a significant surge as the New Year approaches, driven by festive atmosphere and winter weather conditions [1][2][5] Group 1: Trends in Leisure Consumption - The demand for leisure experiences among young consumers is evolving, with a notable increase in searches for services like hairdressing and beauty treatments, which saw a doubling in search volume [1] - KTV bookings have increased significantly, with a year-on-year growth of over 44% in transaction volume as new entertainment formats like AI-assisted singing gain popularity [1][7] - The bathing industry is projected to see substantial growth by 2025, with a 6-fold increase in searches for 24-hour bathing centers noted in the week leading up to New Year [2] Group 2: Regional Highlights - Major cities such as Shanghai, Beijing, and Shenzhen are leading in leisure transaction volumes, with a notable increase in the popularity of bathing centers during the winter season [1][2] - Harbin has emerged as a standout city, with a transaction volume growth rate exceeding 211%, the highest in the country, driven by winter tourism and local attractions [2][3] Group 3: Consumer Behavior and Preferences - Young consumers, particularly those aged 20-35, are increasingly investing in beauty services, with a nearly 100% year-on-year increase in income for beauty professionals during the holiday season [5] - The KTV industry has transformed into a comprehensive entertainment space, appealing to younger audiences, especially those born after 2000, who have shown a transaction growth rate of over 57% [7] Group 4: Company Initiatives - To capitalize on the holiday consumption trend, the company has launched various promotional activities aimed at enhancing consumer engagement and boosting city-wide consumption [10]

Core Insights - The article highlights the entrepreneurial journey of a Taiwanese youth, Zhou Yusheng, who has been instrumental in bridging the beauty industry between Taiwan and Northeast China, aiming to enhance the confidence and beauty of women in the region [1][2] Group 1: Entrepreneurial Background - Zhou Yusheng, born in 1988, began his entrepreneurial venture in Shenyang in 2015, leveraging his family's history in the region to explore business opportunities [1] - His father, Zhou Shenghuang, was among the first Taiwanese businessmen to invest in mainland China, which influenced Zhou Yusheng's curiosity about the market [1] Group 2: Market Opportunities - Zhou identified a gap in the Northeast market for high-quality beauty products and services, which motivated him to bring Taiwanese brands and expertise to the region [1][2] - The initial focus was on high-end professional beauty products and equipment, emphasizing the importance of professional skills for industry growth [1] Group 3: Industry Collaboration - Zhou has established a platform for professional technical exchanges between Taiwan and Northeast China, organizing events to foster creativity and collaboration among beauty professionals [2] - He has facilitated the introduction of top Asian beauty teams to provide training in Shenyang, helping local practitioners gain international skills [2] Group 4: Personal Connection and Vision - Zhou expresses a strong sense of belonging to Shenyang, appreciating the local culture and community, which he considers his second home [2] - He encourages more Taiwanese youth to explore opportunities in mainland China, advocating for skill-sharing and collaborative growth in the beauty industry [2]

Core Viewpoint - The introduction of a "prepaid co-management account system" in Kunming's beauty industry aims to address long-standing issues related to prepaid consumption, ensuring consumer fund safety and promoting industry standardization [1][3][9] Group 1: Industry Challenges - The beauty industry has faced frequent issues with prepaid models, leading to consumer distrust and declining store credibility, with nearly 2000 consumer disputes coordinated by the Kunming Beauty and Hairdressing Association in the past two years [3][5] - 58% of these disputes were centered around prepaid services, including exaggerated promotions before charging and reduced services afterward, with some stores even closing down or changing ownership maliciously [3][5] Group 2: New System Implementation - The new prepaid co-management account system is designed with "dual protection, fairness, and justice" at its core, covering all scenarios from pre-recharge to consumption, transfer, and refunds [5][6] - Funds from consumer prepayments will be stored in a co-managed account rather than the store's account, preventing misuse and ensuring traceability [5][6] - The system will be launched in 20 days, with 50 stores initially signing up, selected based on compliance and good credit records [6][7] Group 3: Future Developments - The Kunming Beauty and Hairdressing Association plans to encourage more stores to join through incentive policies and a violation penalty system, aiming to establish a dynamic regulatory mechanism for "safe prepaid services" [7][9] - The co-management account system is expected to enhance the credibility of compliant stores, improve brand reputation, and help retain quality customers and skilled workers [9]