Group 1 - The core point of the news is the strategic shift in the partnership between Huaxi Biological and Lehua Entertainment, with Lehua exiting the shareholder list of Beijing Runxihe Biotechnology Co., Ltd. and Huaxi increasing its stake to 100% [1][2] - Huaxi Biological and Lehua Entertainment have decided to adjust their existing cooperation model after reviewing past collaborations, believing that the previous model did not fully leverage the strengths of both leading companies in their respective industries [1][2] - The initial intention behind the establishment of the Runxihe brand was to address skincare needs for children, combining Huaxi's expertise in active skincare ingredients and Lehua's strengths in cultural entertainment [1][2] Group 2 - Huaxi Biological's subsidiary, Beijing Huaxi Haiyu Technology Co., Ltd., has completed the share transfer process with Tianjin Yihua Management Consulting Co., Ltd., which exited the Runxihe shareholder list on July 10, 2025 [2] - Runxihe is the only children's skincare brand under Huaxi Biological, which has established a significant market presence in skincare products, particularly leveraging its expertise in hyaluronic acid technology [2] - Lehua Entertainment, known for its talent management, has unique resources and advantages in brand marketing and communication, which were expected to complement Huaxi's strengths in the children's skincare market [2]

是谁在悄悄把「白」设为夏日关键词? 调查显示，年轻人普遍认为， 「白」的重要性，值得一个7分! 并且随着年龄+1岁，美白需求+1级! 7 / 美白真心话大揭秘 没有地域时差, 也没有年龄门槛, 姐妹们都在为「再白一点」上头。 但如果搞「激进美白学」 , 敏敏肌可就有话说了 ...... 美白需求大起底 00后 6.95分 95后 6.95分 90后 6.84分 线城市 7.00分 6.82分 新一线城市 6.73分 线城市 -四线 7.06分 及以下城市 注:满分10分 你皮肤是否会过敏? 完全不 28.5% 偶尔 60.3% 经常 11.2% 调查显示，仅有3成天选之子从未红脸。 1成高敏选手，日夜在烂脸边蹦迪, 剩下6成大众， 也是稍不留神就触发「敏敏开关」。 敏感肌想白,先得问脸答不答应。 于是，不同年龄层在挑选护肤品时， 也为产品提出了个性化的需求- 不同年龄层最关心的护肤品功效 · 抗痘祛痘 00后 48.7% 95后 33.3% | 7UID | | | 25.170 | | --- | --- | --- | --- | | 00后 | 保湿补水 | 控油、调节 | 提亮肤色 去黄美白 | | ...

Group 1 - China's foreign trade has shown resilience in a complex environment, achieving record high import and export figures, with exports surpassing 13 trillion yuan for the first time in history during the first half of the year [1][2] - The export of high-tech products from China increased by 9.2% in the first half of the year, with high-end equipment growing over 20% and "new three items" representing green and low-carbon products increasing by 12.7% [2] - The expansion of China's trade network includes growth in exports to over 190 countries and regions, with emerging markets contributing significantly to this increase [2][3] Group 2 - Companies are adapting to international market demands by providing customized products, as seen in the case of a company in Jiangsu that is exporting over 4,500 electric scooters to the Netherlands [1] - The logistics sector is enhancing connectivity, exemplified by the launch of the "ASEAN Express" freight service, which facilitates smoother trade between China and ASEAN countries [3] - The Chinese government is focusing on building a robust logistics network, aiming to increase the throughput of key transport corridors by 20% this year [3][4]

综合来看，钟落潭镇的三宗地块共同构成美丽健康产业园的核心载体，将为白云区化妆品产业提供新空间，其中： 美丽健康产业园AB0808060-5地块位于白云区钟落潭镇，东至丽硕大道，总用地面积约13273平方米，计容建筑面积约45244平方米，该地块拟打造集仓 储、研发、生产多功能于一体的现代化美妆研造中心，为新兴美妆品牌提供全链条服务保障，助力产业提质增效。 近日，记者从广州市规划和自然资源局获悉，8月4日上午10时，广州白云区四宗工业用地将集中竞价出让。宗地面积共计62418平方米，计容建筑面积共 计208440平方米。此次挂牌出让的4宗地块，分别位于太和镇大沥村和钟落潭镇，涵盖科学研究和技术服务、现代化美妆、合成生物等多个领域。 这四宗工业用地从分布来看，一块位于太和镇大沥村的未来产业创新核心区，另外三块位于钟落潭镇的美丽健康产业园。四宗土地均为一类工业用地 （M1），各自承载着不同的产业使命，这种集群式出让体现了白云区优化产业空间布局的战略考量。 建设研究型科技平台，加速创新成果转化 位于太和镇大沥村的未来产业创新核心区AB1207046地块是此次出让中面积最大的地块，总用地面积约23891平方米，计容建筑 ...

Investment Rating - The report assigns an "Accumulate" rating for the company, indicating a positive outlook for the stock over the next six months [4]. Core Insights - The company has a well-established brand matrix based on skin science and biological science, focusing on the research, design, production, sales, and service of various cosmetics [1][9]. - The main brand, Marubi, has successfully implemented a big product strategy, particularly in eye care, maintaining the top sales position in this category for three consecutive years [2]. - The PL brand, focusing on base makeup, has achieved significant sales milestones, with multiple products exceeding 100 million yuan in annual GMV [3]. Financial Performance - The company is projected to achieve revenues of 2,226 million yuan in 2023, growing to 6,051 million yuan by 2027, with a compound annual growth rate (CAGR) of approximately 24.6% [1][10]. - The net profit attributable to shareholders is expected to rise from 259 million yuan in 2023 to 729 million yuan in 2027, reflecting a strong growth trajectory [1][10]. - The company's gross margin improved to 73.7% in 2024, up 3.01 percentage points year-on-year, driven by optimized product structure and cost control [8]. Brand Strategy - Marubi's core philosophy is centered around "focusing on reducing every fine line," which has solidified its brand identity in eye care and wrinkle reduction [2]. - The PL brand emphasizes user-friendly and high-quality products, reinforcing its market position in the base makeup category [3]. Market Position - Marubi has become a leading brand in the domestic mid-to-high-end skincare market, while PL has established itself as a strong player in the makeup segment [1][3]. - The company aims to leverage global leading technologies to develop high-quality products, guided by a long-term strategy focused on "technology-driven beauty and health" [9].

Core Insights - The cosmetics industry is experiencing high-quality development supported by national policies and regulations, positively impacting the long-term growth of quality enterprises within the sector [2][3] Policy Support - Recent policies include the "Guidelines for Acute Inhalation Toxicity Testing of Cosmetic Ingredients" issued in February 2024, aimed at standardizing safety evaluations [3] - The "Light Industry Stabilization and Growth Work Plan (2023-2024)" from July 2023 emphasizes innovation in plant-based raw materials and supports the development of small and medium-sized enterprises in the cosmetics sector [3] - The "Cosmetics Production Quality Management Norms" introduced in January 2022 focus on establishing a quality management system for the entire production process [3] - The "Cosmetics Production and Operation Supervision Management Measures" from August 2021 aim to enhance the management and safety of cosmetic products [3] - The "Cosmetics Safety Assessment Technical Guidelines" effective from April 2021 require safety assessments for special cosmetics before registration or filing [3] Market Growth - The domestic active ingredient market in cosmetics is rapidly expanding, with the annual compound growth rate for active peptides in cosmetics reaching 40.7%, nearly double the global rate [3][5] - The global market for peptide-containing cosmetics reached $9.108 billion in 2023, with a compound annual growth rate of approximately 22.4% from 2019 to 2023 [5] - China's cosmetics market has grown significantly, capturing 13.4% of the global market share in 2023, with a market size of 503.8 billion yuan, reflecting a year-on-year growth of 3.32% [7] Research Methodology - The research team utilized a combination of desktop research, quantitative surveys, and qualitative analysis to assess the active peptide cosmetics industry, employing various analytical models such as SCP, SWOT, PEST, and regression analysis [9]

Investment Rating - The industry investment rating is "Overweight" [1] Core Viewpoints - The report highlights that the retail sales of consumer goods in June 2025 reached CNY 42,287 billion, with a year-on-year growth of 4.8%, which is below the consensus expectation of 5.56% [5][10] - The report indicates that the online retail sector is growing rapidly, while offline retail remains stable, with online sales increasing by 8.5% year-on-year in the first half of 2025 [5][15] - The report emphasizes the impact of national subsidy policies on retail categories, with essential and discretionary goods showing continued growth [5][27] Summary by Sections Overall Retail Sales - In Q2 2025, retail sales grew by 5.4% year-on-year, with June showing a growth of 4.8%. The total retail sales for the first half of 2025 reached CNY 245,458 billion, marking a 5.0% increase [5][10] - Urban retail sales outpaced rural sales for four consecutive months, with urban sales in June at CNY 36,559 billion, growing by 4.8% year-on-year [12][10] By Category - Retail sales of goods outperformed the restaurant sector, with June's total for restaurant services at CNY 4,708 billion, a year-on-year increase of 0.9%, while goods retail reached CNY 37,580 billion, growing by 5.3% [22][5] - The report notes that national subsidy policies are effectively driving growth in essential and discretionary categories, with June's year-on-year growth rates for essential and discretionary goods at 5.92% and 2.15%, respectively [27][29] Price Performance - The Consumer Price Index (CPI) rose by 0.1% year-on-year in June 2025, while the Producer Price Index (PPI) fell by 3.6%, leading to an expanded PPI-CPI gap of -3.7% [33][36] - Food prices decreased by 0.3% year-on-year, with non-food prices showing a slight increase [35][36] Employment Situation - The urban unemployment rate remained stable at 5.0% in June 2025, unchanged from the previous month [43][44] Investment Recommendations - The report suggests that the white liquor sector may see demand recovery due to expanding domestic demand policies, despite short-term weakness from a "ban on alcohol" [51] - It also recommends focusing on core leading companies in the cosmetics sector, which are expected to perform well due to strong domestic growth and increasing market share [51]

Group 1 - Guangzhou Laiseng Investment Development Co., Ltd. has been established, with a legal representative named Leng Zhigang [1] - The company's business scope includes retail and wholesale of cosmetics, enterprise management, property management, investment activities with self-owned funds, and cosmetics production [1] - The company is jointly held by Guangzhou Bawi Biotechnology Co., Ltd., a wholly-owned subsidiary of Bawi Co., Ltd., among others [1]

Group 1 - Yaxin Security plans to reduce its shareholding by up to 3%, totaling no more than 12 million shares, from August 8, 2025, to November 7, 2025 [1] - Shangwei Co. intends to issue up to 180 million shares to its controlling shareholder, raising no more than 1.144 billion yuan for digital upgrades and working capital [1][2] - Anker Innovations is exploring the possibility of overseas share issuance to enhance its global strategy and brand image, with no specific plan confirmed yet [3] Group 2 - AVIC Xi'an Aircraft Industry Group's chairman resigned due to work changes, effective immediately upon submission of the resignation [4] - Tianci Materials signed a procurement cooperation agreement to supply at least 550,000 tons of electrolyte products to Chuangneng New Energy from 2025 to 2030, enhancing market share and profitability [5][6] - Guangshentang's innovative drug GST-HG131 has been included in the list of breakthrough therapies, but this does not guarantee market approval or immediate financial impact [7][8] Group 3 - Chaozhuo Aerospace plans to reduce its shareholding by up to 3%, totaling no more than 896,000 shares, from August 7, 2025, to November 6, 2025 [9] - Taiji Group intends to repurchase shares worth between 80 million and 120 million yuan, with a maximum price of 28.03 yuan per share, to be used for cancellation [11][12] - Xibu Materials plans to invest 125 million yuan in a private placement by its subsidiary to raise 147 million yuan for working capital and loan repayment [13] Group 4 - Shantui Co. plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange [14] - *ST Huawang intends to acquire 55.5% of Niwei Power for 666 million yuan, entering the new energy hybrid vehicle sector [15] - Tailin Bio's controlling shareholder plans to reduce its shareholding by up to 1.5%, totaling no more than 1.8195 million shares, for personal funding needs [17] Group 5 - Huicheng Vacuum plans to reduce its shareholding by up to 3%, totaling no more than 3 million shares, from August 7, 2025, to November 6, 2025 [18][19] - Kesi Co.'s actual controller plans to reduce its shareholding by up to 3%, totaling no more than 14.27 million shares, for personal funding needs [20][21] - Zhongchong Co.'s controlling shareholder plans to reduce its shareholding by up to 1.5%, totaling no more than 4.56 million shares, for funding needs [22][23] Group 6 - Shanhigh Environmental plans to raise no more than 718 million yuan through a private placement to supplement working capital and repay bank loans [24][25] - Zhongrong Electric plans to invest 114 million yuan in the construction of the Sinok New Energy Technology Park, expected to be completed by the end of 2027 [26] - Kaisen New Materials' shareholder plans to transfer 4.75% of its shares, totaling 20 million shares, for personal funding needs [27] Group 7 - Xinxin Standard's controlling shareholder plans to reduce its shareholding by up to 3%, totaling no more than 6.7792 million shares, for personal funding needs [28] - Chuhuan Technology plans to invest 9.99 million yuan in a partnership focused on high-end manufacturing, including semiconductors and new materials [29] - Shankai Intelligent's stock will resume trading after a share transfer agreement with Changjiang Aerospace, which will become the controlling shareholder [30]

培训会上，敷尔佳的专业讲师以生动易懂的方式，深入浅出地讲解了肌肤护理的基础知识，从不同肤质 的特征到日常护肤的要点，让同学们收获颇丰。随后，活动迎来了高潮部分——互动分享环节。敷尔佳 鼓励同学们勇敢说出自己的肌肤问题，现场气氛瞬间活跃起来。有的同学被痘痘困扰许久，尝试过各种 方法却收效甚微；有的同学则苦恼于肌肤干燥缺水，上妆总是卡粉浮粉；还有同学为肌肤敏感而焦虑， 稍有不慎就会泛红瘙痒。 转自：推广 东北林业大学的学子们在这场研学中，不仅学到了专业的肌肤护理知识，更深刻感受到了敷尔佳作为国 货品牌的责任与担当。相信这次独特的经历，会在他们心中种下一颗关于美的种子，未来绽放出绚烂的 光彩。 这已经是这半个月以来，东北林业大学第三次来到敷尔佳了。经过前两次的研学交流，同学们对敷尔佳 科技与美学交织的品牌馆、先进智能的生产线和温馨的职工之家等已不再陌生，那些在生产流程中严谨 把控的细节，也早已在大家心中留下了深刻印象。然而，提起每一次的产品分享会时，同学们眼中瞬间 闪烁起期待的光芒，兴奋与好奇在心底肆意蔓延。 来源：推广 敷尔佳的工作人员认真倾听每一个问题，凭借专业的知识和丰富的经验，为同学们提供了针对性的解决 方 ...