教育之路，需多方共筑；青春之梦，待合力点亮。6月26日，汇聚社会爱心的"2025袋鼠妈妈青春美校园 公益行"活动抵达第六站——西安。本次活动由中国关心下一代工作委员会教育中心、新华网、袋鼠妈 妈集团联合发起，在西安市五环中学教育集团举行，聚焦青少年美育、德育、体育的协同发展，通过奥 运精神浸润、科学美育赋能、社会爱心传递三重维度，探索新时代青少年教育的新路径。 袋鼠妈妈青春美校园公益行以"美育、德育、体育"三育融合为核心，全方位助力青少年绽放青春光彩。 活动中，袋鼠妈妈首席科学官严二平亦现身现场，为现场学子带来了一场生动实用的美育课堂。从日常 清洁误区到防晒重要性，从痘痘预防到敏感肌护理，针对当前青少年普遍关注的护肤问题，他以专业视 角为同学们提供了深入浅出、科学严谨的解答，现场互动频频，掌声不断。他告诉孩子们：青春期的皮 肤问题，大多都是发育期间的正常表现，不需要太着急甚至焦虑，认真清洁就是最好的护肤开始。 杨秀丽与西安五环中学学子进行柔道互动 奥运冠军亲授"摔倒哲学"：在挫折中汲取成长的力量 作为"袋鼠妈妈青春美校园公益行"西安站活动的重头戏，2008年北京奥运会柔道冠军、首都体育学院教 授杨秀丽亲临现场 ...

Core Viewpoint - The emerging skincare brand "Zhuben" is facing public scrutiny due to allegations of discrepancies between product ingredient filings and actual contents, as well as accusations of false advertising by its founder during a live-streaming event [1][2]. Group 1: Company Background - "Zhuben" was founded in 2016 and has adopted a "self-research + self-controlled supply chain" model. The brand quickly gained popularity after entering the Taobao distribution channel in 2018, particularly with its makeup remover oil product [2]. - The brand's Tmall flagship store launched in 2019, collaborating with influencer Li Jiaqi for 34 live-streaming events, achieving a record of selling 50,000 bottles of makeup remover oil in just one minute [2]. - In 2020, "Zhuben" achieved a total GMV of over 200 million yuan, a 450% increase from 2019, with over 80% of revenue coming from makeup remover oil, selling over 3 million bottles in less than two years [2]. - The brand's sales during the 2022 Double 11 shopping festival reached 340 million yuan, with nearly 3.5 million units of makeup remover oil sold [2]. Group 2: Recent Controversy - Allegations surfaced that "Zhuben" products, including the high-end "Mo Hong" series, contained ingredients that did not match their filings, such as using rose oil substitutes and unapproved new raw materials [1]. - During a live-streaming event on June 25, the founder Liu Qianfei made claims about the products' efficacy in promoting hair growth and addressing women's health issues, which contradicted the products' classification as ordinary aromatherapy oils [1]. - Following the allegations, "Zhuben" removed several implicated products from major e-commerce platforms and the founder deleted related posts on social media [1]. Group 3: Regulatory Response - The Zhejiang Provincial Drug Supervision Administration has stated that the matter has been referred to the local market supervision bureau for investigation and is being handled according to standard procedures [2]. - On June 27, the brand issued an apology and proposed a rectification plan while denying any improper product ingredient claims, asserting that all products are safe [2]. Group 4: Financial Information - According to public records, Hangzhou Shucai Network Technology Co., Ltd., the parent company of "Zhuben," has a registered capital of over 4.89 million yuan [3]. - "Zhuben" completed A and B round financing in December 2020 and March 2021, respectively, with the B round raising 50 million USD from notable investors [3].

这是新消费智库第 2 6 6 2 期文章 新消费导读 1. 茉莉奶白上新马斯卡彭咸酪乳 2. 柠季 x 《伊藤润二惊选集》联名推出夏日新品 3. 喜茶应季上新岭南限定风味 4. 瑞幸联名《长安的荔枝》上线系列产品 5. DQ 宣布 3 年内开 800 家新店 6. 左庭右院官宣腾格尔为代言人 7. 代数学家咖啡完成新一轮融资 8. 安心鲜生完成 2800 万元融资 9. 圣贝拉正式登陆港交所 10. 伊藤园推出新品 11. 雅诗兰黛集团携手天猫打造平台首家 AI 美妆旗舰店 12. 海龟爸爸公开两项新专利 13. 莎莎国际宣布关闭内地所有门店 . . . . . . 一周新品 蒙牛官宣推出新品生榨苞米乳。据介绍，新品选用北纬 41 °甜苞米整粒生榨，搭配 100% 生牛乳奶源，每包膳食纤维≈ 1 根苞米，口感香 浓。（食业头条） 1. 茉莉奶白上新马斯卡彭咸酪乳 茉莉奶白推出夏日新品 "马斯卡彭咸酪乳"应运而生 , 将蛋糕奶茶带入 2.0 阶段。新品借由马斯卡彭奶酪的融入，对经典甜品提拉米苏进行 解构与重造，不仅保留了提拉米苏的香甜细腻和品质感，还以层次更丰富的方式呈现。（ iBrandi 品创） 2. 蒙牛 ...

Group 1 - The core point of the news is that Jinbo Bio plans to raise up to 2 billion yuan through a strategic investment from Yangshengtang, marking the largest cash private placement in the history of the Beijing Stock Exchange [1] - Jinbo Bio's controlling shareholder, Yang Xia, will transfer 5% of the company's shares to Hangzhou Jiushi at a price of 243.84 yuan per share, totaling 1.403 billion yuan [1] - After the transaction, Zhong Shanshan will hold a total of 10.58% of Jinbo Bio's shares through Yangshengtang and Hangzhou Jiushi [1] Group 2 - The raised funds will be used for the development of a humanized collagen protein FAST database and product development platform, as well as to supplement working capital [2] - The collaboration is expected to accelerate the implementation of Jinbo Bio's strategy of "technological products becoming everyday products and medical products becoming consumables" [2] - Jinbo Bio specializes in the research, production, and sales of medical devices and functional skincare products, focusing on recombinant collagen products and anti-HPV biological protein products [2] Group 3 - Jinbo Bio's revenue is projected to grow from 233 million yuan in 2021 to 1.443 billion yuan in 2024, with net profit increasing from 57.39 million yuan to 732 million yuan during the same period [3] - The company's gross margin is expected to rise from 82.29% in 2021 to 92.02% in 2024, indicating improving profitability [3]

Core Insights - The article highlights the emergence of the "silver-haired economy" in China, particularly focusing on women aged 50-69, who are redefining consumption patterns and driving significant market changes [1][2] Group 1: Market Potential - By the end of 2024, the average disposable income for women aged 50-69 in China is projected to exceed 32,000 yuan, with a savings rate of 45%, creating a consumption market exceeding 4 trillion yuan [1] - As of 2023, the population of women aged 50-69 in China has reached 190 million, marking a significant demographic shift that is influencing consumption trends [2] Group 2: Consumption Trends - The "silver-haired economy" is particularly strong in three key areas: beauty, health, and experiential consumption [3][5] - In the beauty sector, 60% of consumers in Zhao Yazhi's live stream were women, indicating a strong demand for products that defy age-related stereotypes [4] - The fashion consumption among retired female teachers in first-tier cities averages 12,000 yuan annually, with a notable preference for stylish and personalized clothing [5] Group 3: Health and Wellness - There is a shift from reactive healthcare to proactive health management among silver-haired women, with 57.7% expressing concerns about their health [6][7] - The health supplement market is thriving, with significant engagement from women, who also play a crucial role in purchasing health monitoring devices [7][10] Group 4: Experiential Consumption - Silver-haired women are increasingly prioritizing travel and experiences, with a 205.6% increase in travel orders from women aged 50 and above [10] - Educational pursuits are also on the rise, with over 60% of new enrollees in senior universities being women aged 60-70 [11] Group 5: Driving Forces - Wealth accumulation among the 60s generation is reshaping their consumer behavior, with online transaction volumes increasing by 238% from 2019 [13] - Social role transformations are allowing silver-haired women to prioritize personal desires over familial obligations [15][16] - Technological advancements are empowering older women, enabling them to engage with digital platforms and products designed for their needs [19][20]

Core Viewpoint - Lin Qingxuan is launching a new high-end skincare sub-brand "Hua Yao Zhuang" targeting affluent consumers, with a focus on red ginseng as a key ingredient for anti-aging and firming effects [1][7][11]. Brand Development - The new brand "Hua Yao Zhuang" has already undergone trademark registration, indicating progress towards its market introduction [1][6]. - In addition to "Hua Yao Zhuang," two other sub-brands, "Xiao Xin Xuan" and "Bing Xue Liu Li," are also in the trademark registration process, although they cover fewer categories than "Hua Yao Zhuang" [8]. Market Strategy - "Hua Yao Zhuang" aims to align with Lin Qingxuan's existing plant-based skincare philosophy, emphasizing natural ingredients [7]. - The brand is expected to include offline community skincare services, potentially offering products in spa settings [9]. Financial Performance - Lin Qingxuan's flagship product, "Camellia Oil," generated approximately 448 million yuan in sales, accounting for 37% of total revenue in 2024 [11][12]. - The company is actively expanding its product lines, with the recent launch of "Black Gold Cream 2.0," which aims to build on the success of its predecessor [9][10]. Strategic Necessity - The company is seeking to reduce its reliance on a single product category by diversifying its brand portfolio, as indicated in its IPO prospectus [10][11]. - The need for a multi-brand strategy is underscored by the observation that many domestic beauty brands struggle to achieve significant growth beyond their flagship products [13].

本届上海美博会展览面积达150000平方米，汇聚了来自全球68+国家和地区的1800多家优质展商，展示 了超10000个优选品类。 6月26日，在为期三天的火热人流与火爆交流中，第67届中国（上海）国际美博会在上海虹桥·国家会展 中心圆满落幕。本届展会以"拥内需，拓海外"为主题，全方位展示了美业的蓬勃生机与无限潜力，释放 出行业在韧性发展、创新突破和智能化方面的强劲信号。 韧性突围 | 再塑稳健增长曲线 本届展会通过"峰会启幕-活动引流-特展深耕"系统性勾勒美业发展蓝图，为行业提供前瞻性洞察。 6月23日，2025中国美业前沿发展峰会率先点燃热度，行业领袖、明星红人、跨界专家齐聚一堂，先发 聚合前沿美业力量，以高规格思想碰撞为行业注入创新动能，树立美业潮流风向标。 2025年，美博会迈出坚实步伐，将新增举办"印尼国际美博会"与"越南国际美博会"两场国际展会，助力 中国美业品牌出海，为国内企业搭建品牌展示、市场开拓与精准合作的一站式国际平台。 品类革新 | 一展解构产业逻辑 本次展会深度聚焦产业逻辑，聚合上下游品牌力量。展商们以强劲的态势引领增长浪潮，新品亮相覆盖 多重领域，不仅彰显了品牌竞争力，更推动了行业的 ...

Group 1 - Tianjin is characterized by its unique geographical situation, being the lowest city in China with a rapid subsidence rate of 5 centimeters per year, which poses potential future challenges [3] - The city has a rich historical background, having been a significant trading hub since ancient times, which has contributed to its diverse cultural landscape [7][8] - Local enterprises like Yumeijing and Seagull Watch exemplify the blend of traditional craftsmanship and modern branding, with Yumeijing selling 4.9 billion bags of children's cream over 46 years, showcasing its market strength [29][31] Group 2 - The Tianjin High-tech Innovation Park focuses on accelerating the transformation of scientific research achievements, with projects including the industrial production of new health sugars and advanced technologies like artificial hearts [36][39] - Tianjin Port ranks among the top ten ports globally and is a pioneer in achieving zero-carbon operations, utilizing AI robots for efficient cargo handling [45] - The local economy reflects a balance of tradition and innovation, with a strong emphasis on community and cultural identity, which contributes to the overall resilience and optimism of its residents [47][49]

医药板块复苏受益于政策支持（商保目录、集采政策边际向好）、资金 回流、AI 技术催化及创新药出海。前四个月国内创新药 BD 事件总金额 达 550 亿美元，首付款超 50 亿美元，显示市场对中国创新药研发能力 的高度认可。 下半年医药投资主线包括创新药、AI 医疗技术、银发经济及 AI 赋能的新 兴医疗技术（如蛋白质预测）。制药公司在 A 股占比较高，值得关注， 而中药板块相对较弱。2025 年上半年创新药企财报亮眼，创新药收入 占比提升。 创新药增长原因包括估值处于历史低位、政策利好预期及 BD 事件频发。 国际巨头对中国创新能力的认可提升了相关公司市值和盈利预期。2025 年上半年重磅 BD 活动频繁，首付款创下纪录，预计下半年仍有大量 BD 预期。 人口结构变化影响消费领域，新生人口下降导致传统消费需求减弱，但 宠物经济快速增长。老年人口比重增加带来银发经济和健康产业的发展 潜力，如人形机器人辅助养老等服务需求提升。 Q&A 今年上半年医药行业的表现如何？有哪些主要因素推动了这一表现？ 今年上半年，医药行业经历了从底部回暖到逐步走强的过程。创新药板块表现 尤为亮眼，生物医药指数跑赢沪深 300 指数，制 ...

Core Insights - Lin Qingxuan, a beauty company, has positioned itself in the high-end skincare market with its flagship product, Camellia Oil, which has a gross margin of 82.5% [1][6] - The company has shown significant revenue growth, with sales increasing from 691 million yuan in 2022 to 1.21 billion yuan in 2024, representing a compound annual growth rate (CAGR) of 32.3% [1][5] - Lin Qingxuan plans to use the funds raised from its Hong Kong IPO to enhance brand value, expand sales channels, and improve production and supply chain capabilities [1] Revenue and Product Performance - The Camellia Oil product line has contributed over 30% of the company's revenue, with sales reaching 218 million yuan in 2022, 284 million yuan in 2023, and 448 million yuan in 2024 [3][5] - The market for facial oils in China is rapidly growing, with a projected increase from 900 million yuan in 2019 to 5.3 billion yuan in 2024, achieving a CAGR of 42.8% [2] - Lin Qingxuan's product strategy includes continuous upgrades to its core products and the introduction of new SKUs, resulting in a diverse product offering of 188 SKUs by the end of 2024 [3][6] Sales Channels and Market Strategy - The company has expanded its sales channels, with nearly 60% of its revenue coming from online sales by 2024, up from 45.2% in 2022 [9][10] - Lin Qingxuan has focused on offline expansion, with over 95% of its 506 stores located in high-end shopping malls, contributing significantly to its revenue [8] - The company has successfully leveraged live-streaming e-commerce, with its founder participating in live broadcasts to boost online sales [10] Investment and Valuation - Lin Qingxuan has attracted notable investors, including YOUNGOR and various venture capital firms, indicating strong market interest [11][12] - The company's valuation before its IPO is estimated to be around 3.84 billion yuan, based on recent equity transactions [12][13] - Compared to other publicly listed beauty companies, Lin Qingxuan's revenue is relatively smaller, with 1.21 billion yuan in 2024, highlighting the challenges it may face in meeting IPO valuation expectations [14]