Core Viewpoint - Lanting Technology has decided to terminate its IPO guidance due to declining operational performance and unfavorable market conditions, marking a significant setback for the company since it signed the listing guidance agreement in November 2021 [1][2]. Financial Performance - In the past year, Lanting Technology reported a revenue of 323 million yuan, a year-on-year decline of 14.87% [3][4]. - The net profit attributable to shareholders was -17.27 million yuan, a decrease of 49.65% compared to the previous year [3][4]. - The company's net profit after deducting non-recurring gains and losses also fell by 43.28% to -21.10 million yuan [3]. Business Segments - The skincare segment generated revenue of 214 million yuan, down 22.55%, while maintaining a gross margin of 76.54% [5]. - The color cosmetics segment saw a slight increase in revenue by 0.28% to 56.52 million yuan [5]. - The health products segment experienced a revenue decline of 23.29% [5]. - The wash and bath products segment achieved a revenue growth of 48.24% to 27.92 million yuan, attributed to increased sales to overseas clients [5]. Debt and Cash Flow - Short-term borrowings surged by 252.46% to 28.22 million yuan, representing 10.15% of total assets [6][7]. - The net cash flow from operating activities decreased by 258.64% to -12.16 million yuan [7]. E-commerce and Market Strategy - E-commerce revenue fell by 25.53% to 207 million yuan, with a corresponding decrease in operating costs by 49.34% [10]. - The company emphasized the importance of online channels amid increasing competition in the cosmetics retail sector [10]. R&D and Future Plans - R&D expenses decreased by 17.36% to 14.30 million yuan, accounting for 4.42% of total revenue [10]. - Lanting Technology is focusing on international expansion, having established its first overseas factory in Malaysia, which is expected to reduce delivery times and customer concentration risks [11].

7月31日，2025年广西"老字号"嘉年华暨"购在中国·乐享广西"离境退税服务消费季在南宁启幕。 启动仪式上，丹泉、黄记玥亮、双钱、南珠宫等老字号企业代表分别上台携自家新品"尖货"进行推介，同时，现场还以视频形式分别发布了《广西老字号》 新书和多语种的《广西离境退税消费地图》及操作指南。 现场还设置了老字号新品主题促销区，组织了龙舟、双钱、花桥、田七、力源等广西"老字号"企业开展促销活动，产品涵盖食饮、日化、酒水及工艺品等， 为广大消费者奉上一场广西"老字号"消费盛宴。 据了解，本次活动由自治区商务厅、市场监管局、文化和旅游厅、财政厅、体育局，广西税务局，南宁海关，民航广西监管局共同主办，南宁、桂林、防城 港市商务局，广西老字号品牌发展促进会、南宁百货大楼股份有限公司、中国银行广西分行协办。 （中国日报广西记者站 张莉） 来源：中国日报网 本次活动是2025广西暑期消费季系列活动之一。活动期间将开展广西老字号进商圈、进博物馆、进高铁等活动，同时还将抢抓暑期跨境旅游和中国—东盟博 览会期间境外旅客来桂消费旺季，进一步用好离境退税消费政策，优化退税服务、丰富商品供给，开展系列促消费活动，进一步释放入境消费潜力。 ...

Core Viewpoint - Shanghai Jahwa's mosquito repellent product, Six God Mosquito Repellent Spray, has an effective repellent duration of 8.2 hours against Aedes albopictus [1] Product Information - The Six God Mosquito Repellent Spray is available in four variants: Deep Sea Amber, Post-Rain Gardenia, Classic Original, and Mountain Pine [1] - The product is part of the mosquito repellent egg 2.0 series [1] Sales Channels - Consumers are encouraged to purchase the product through official flagship stores and live streaming platforms [1]

Group 1: Company Leadership Changes - Procter & Gamble (P&G) announces Shailesh Jejurikar as the first Indian-American CEO, effective January 1, 2026, succeeding Jon Moeller, who will become Executive Chairman [2] - Jejurikar has been with P&G since 1989, with a 36-year career covering multiple regions and leading significant business units [2] Group 2: Sales Performance - Amazon's Prime Day beauty category sales reached $24.1 billion in 2025, marking a 30.3% year-over-year increase [3] - Initial sales were slow, with a 14% decline in the first four hours, but rebounded significantly later [3] Group 3: Promotional Activity - 25.6% of products participated in promotions during the event, an increase of 8% from the previous year, with an average discount of 21.7%, down 11% year-over-year [4] - The top ten brands' market share decreased from 60% to 45.1%, with brands like Medicube and La Roche-Posay performing well [4] Group 4: New Product Developments - Jiangnan Meiwang Health Technology Co. disclosed a patent for a new whitening ingredient aimed at improving the stability and absorption of phenolic compounds in cosmetics [6] - Shanghai Jahwa's new ingredient "Vinegar Extract" has been registered, showing potential for anti-eczema and anti-aging properties [8] Group 5: Mergers and Acquisitions - Waldencast, the parent company of Obagi and Milk Makeup, acquired Novaestiq and rights to Saypha hyaluronic acid gels in the U.S. market, expanding its product range into dermal fillers [9] Group 6: Regulatory Developments - The National Medical Products Administration held a meeting to discuss the 2025 cosmetics standard project, emphasizing the need for a unified and efficient standard management system [7] Group 7: Product Safety Concerns - Shanghai soap was reported to contain Sudan Red, a harmful dye, raising safety concerns among experts regarding its use in skin-contact products [10]

Core Viewpoint - Procter & Gamble (P&G) announced the appointment of Shailesh G. Jejurikar as the new CEO, effective January 1, 2026, marking the first time an Indian has held this position in the company's history [2][10]. Financial Performance - For the fiscal year 2025, P&G reported revenue of $84.284 billion (approximately 604.982 billion RMB), a year-on-year growth of 0.29%, indicating stagnation in growth [4]. - Despite the revenue stagnation, P&G achieved a record high in revenue over the past decade, with operating profit soaring by 10.28% to $20.451 billion (approximately 146.793 billion RMB) and net income rising by 7.29% to $16.065 billion [5][6]. Leadership Transition - The leadership change is perceived as a strategic move rather than a reaction to poor performance, as the transition occurs during a period of record revenue and profit [5][10]. - Jon R. Moelle's tenure is praised for maintaining strong growth and value creation despite global economic challenges, with P&G's stock price increasing by approximately 13% during his four years as CEO [8][11]. Market Stability and Growth - P&G's performance across various sectors has shown stability, with the company proactively adjusting its strategies for future growth rather than reacting to declines [14][16]. - The Chinese market has emerged as a key growth driver for P&G, with significant contributions from brands like SK-II, which saw a 13.29% increase in online sales [18][22]. Strategic Adjustments - P&G has implemented various reforms in the Chinese market, including changes in distribution channels and consumer communication strategies, which have proven effective and are expected to influence global strategies [26][28]. - The company anticipates a sales growth of 1% to 5% for the fiscal year 2026, with organic sales growth projected between 0% to 4% despite some adverse factors [28].

Core Points - The "Beautiful Countryside Clean Family" project was officially launched on July 23, 2023, in Dingxi City, Gansu Province, aiming to promote health management in families and improve hygiene awareness in rural areas [1][2] - The Guangzhou Blue Moon Public Welfare Foundation donated 1.24 million yuan to support the project, emphasizing the importance of spreading knowledge about household cleanliness [2] - Since its inception in 2023, the project has covered 100 villages in four counties across Guizhou and Guangdong, benefiting nearly 100,000 rural households [4] Summary by Sections Project Launch and Objectives - The project aims to enhance the awareness of cleanliness and promote a healthy lifestyle among rural families [1][2] - It is supported by the China Women's Development Foundation and the China Family Education Association [1] Financial Contributions and Support - The Blue Moon Public Welfare Foundation's donation of 1.24 million yuan is intended to facilitate the dissemination of cleanliness knowledge [2] - The project will continue to provide resources such as 50,000 pamphlets on household cleanliness, 5,000 health calendars, 2,300 aprons, and nearly 60,000 cleaning product sets [4] Impact and Future Plans - The project will extend its reach to 60 villages in Guangdong, Guizhou, and Gansu, conducting 30 mobile promotional activities [4] - Blue Moon has been actively involved in rural revitalization efforts for three consecutive years and has participated in the "Guangdong Poverty Alleviation Day" for 16 years [6] - The foundation has received the "Responsible Brand Award" for ten consecutive years, highlighting its commitment to social responsibility [7]

Core Viewpoint - The outbreak of Chikungunya fever has led to a significant increase in the demand for mosquito repellent products, with many consumers purchasing items like mosquito repellent liquids and electric mosquito swatters in response to the health threat [1][2]. Group 1: Market Trends - The search volume for mosquito repellent products on e-commerce platforms has surged, with specific increases noted: mosquito repellent liquid up by 222%, mosquito repellent spray by 148%, and mosquito repellent patches by 150% compared to a week prior [2]. - The search volume for Baijiu oil, a topical Chinese medicine, has increased by 414% in the same timeframe [2]. - Sales of mosquito repellent products have risen over 46% in the last three days, indicating strong consumer demand [2]. - Related stocks in the mosquito repellent sector have shown strong performance, with companies like Rainbow Group experiencing three consecutive trading gains and Zhendong Pharmaceutical rising over 8% [2]. Group 2: Product Selection - Mosquito nets are recommended for households, especially for infants, with a focus on the number of mesh holes for effectiveness [3]. - Electric mosquito swatters are safe for use around pregnant women and infants, but caution is advised due to the potential for electric sparks [4]. - Mosquito coils, including both smoke and smokeless types, are effective but may pose respiratory risks due to smoke particles [5]. - Electric mosquito repellent liquids or tablets are less toxic and suitable for general households [6]. - Insecticides, particularly aerosol sprays, are effective but require careful handling due to their toxicity [7]. - Mosquito repellent wristbands are less effective and not ideal for household use [8]. Group 3: Purchasing Guidelines - Consumers should check for product qualifications, ensuring that mosquito repellent products have the necessary pesticide registration numbers and certifications [9][10]. - Product labels should clearly indicate mosquito repellent functions, and consumers should be wary of misleading claims about being "non-toxic" or "all-natural" [11]. - The choice of product should consider the environment and user demographics, with specific recommendations for indoor and outdoor use [12]. - It is essential to verify the production date and shelf life of products to ensure safety and effectiveness [13].

Core Insights - The fast-moving consumer goods (FMCG) sector is experiencing significant growth, with the daily chemical industry undergoing a transformation from basic cleaning to quality upgrades [1] - Blue Moon has effectively captured market trends by focusing on product quality upgrades and continuous innovation, positioning itself as a leader in the household cleaning narrative [1][3] Market Trends - According to Nielsen IQ, the overall sales growth of key FMCG in China from January to November 2024 is 3.8%, with online channels growing at 10.8% [1] - The shift in consumer values from functionality to emotional connection is evident, as health, convenience, and quality become key decision factors [1] Product Innovation - Blue Moon's "Concentrated+" series represents a culmination of years of research and development aimed at tapping into the concentrated detergent market [3] - The launch of the Supreme Biological Technology Laundry Liquid in August 2024 showcases advanced features such as quick dissolution, multi-odor removal, and deep cleaning capabilities [3] - The use of concentrated detergents could potentially save 8.567 billion kWh of electricity and reduce carbon emissions by 1.7472 million tons annually if adopted nationwide [3] Sustainability and Safety - Blue Moon has eliminated harmful ingredients like formaldehyde and methanol, and has received the "Health Golden Shield Award" for its commitment to raw material safety and product standards [4] - The company’s focus on sustainable practices aligns with national carbon reduction goals, shifting the industry from price competition to value-based competition [3][4] Diverse Product Range - Blue Moon has developed a comprehensive cleaning matrix that includes clothing cleaning, home care, and personal hygiene products, providing a one-stop cleaning service for households [4] - The introduction of specialized products for different consumer segments, such as baby laundry detergent and quick-wash solutions for busy professionals, addresses specific cleaning challenges [5][6] Market Recognition - Blue Moon's laundry and handwashing liquids have ranked first in their categories for 15 consecutive years in the China Brand Power Index (C-BPI) [8] - The company's commitment to user-centric innovation and service is reflected in its high customer satisfaction ratings, with the Supreme Laundry Liquid receiving a 98.4% positive feedback rate on its official stores [3][8]

Core Viewpoint - The quality and safety issues of sanitary napkins have come under scrutiny again, particularly regarding the detection of carcinogenic substances in the "Cotton Password" brand products [1] Group 1: Product Testing and Findings - A report from Shanghai Fuda Testing Technology Group indicated that out of 14 samples tested in June, only one batch of "Cotton Password" did not show the presence of thiourea, with the rest containing levels ranging from tens to thousands, even up to tens of thousands of micrograms per gram [1] - The "Cotton Password" brand is under the Xin Xuan Group, which has previously faced allegations regarding thiourea detection in May [1][4] - Xin Xuan provided a testing report from May, claiming that their products were compliant and did not contain carcinogenic substances [1][4] Group 2: Regulatory Standards and Industry Practices - The recent national standard GB 15979-2024, effective from July 1, does not include thiourea in its safety requirements for sanitary products, despite the substance being classified as a potential carcinogen by the International Agency for Research on Cancer [5] - The production company for "Cotton Password" is Guangdong Yimeijie Biotechnology Co., which specializes in OEM processing for sanitary napkins [5] Group 3: Industry Insights - An industry insider suggested that thiourea might be used in the production process to replace tea polyphenols for color neutralization, indicating that the use of thiourea may not be intentional by the brand [7] - The insider also noted that the use of tea polyphenols in sanitary napkin materials is more of a marketing gimmick than a significant health benefit [7]

Core Viewpoint - The mosquito-repellent concept stocks continue to show strong performance, driven by the reported cases of Chikungunya fever in Foshan, with a total of 3,195 confirmed cases as of July 22, primarily concentrated in Shunde District [1] Group 1: Company Performance - Rainbow Group has achieved a consecutive two-day increase in stock price [1] - Kangzhi Pharmaceutical has seen a rise of over 10% in its stock price [1] - Other companies such as Runben Co., Wanfang Biological, Shanghai Jahwa, Qingsong Co., and Lafang Co. have also experienced stock price increases [1]