Core Viewpoint - The article emphasizes the transformative impact of the "L'Oréal BIG BANG Beauty Tech Co-Creation Program" on startups, enabling them to leverage global industry chains for rapid growth and innovation in the beauty sector [1][2][13]. Group 1: Overview of BIG BANG - The BIG BANG program aims to collaborate with startups and SMEs to develop innovative solutions, enhancing personalized products and services for consumers [1][2]. - Since its inception, BIG BANG has attracted over 2,200 startups and SMEs, successfully incubating over 60 projects, thus becoming a benchmark for innovation in the beauty tech field [13][16]. Group 2: Success Stories - Shenzhen Shanhai Innovation secured B-round financing from L'Oréal's investment arm, following its victory in the "Pre-vision New Product Research" track of BIG BANG in 2022, which accelerated its commercialization of supermolecular technology [8][11]. - Quanzhou Tekan Technology emerged as a winner in the "Playful New Experience" track, successfully implementing AI-driven digital human live streaming services across six Southeast Asian countries for over 300 brand clients [9][11]. Group 3: Program Structure and Evolution - The program features three main tracks: "Playful New Experience," "Pre-vision New Product Research," and "Leading New Operations," with a focus on the entire beauty industry chain from product to sales [8][16]. - In 2025, BIG BANG will introduce a fourth track, "Transformative Sustainability," aimed at exploring AI technologies for green supply chain management and low-carbon production processes [20][22]. Group 4: Strategic Partnerships and Ecosystem - BIG BANG collaborates with strategic partners like Dongfang Meigu and the French Business Investment Agency to enhance resource integration and break down industry barriers [16][24]. - The program's dual role of "breaking boundaries" and "leading" allows it to connect cutting-edge technology with the beauty sector, fostering innovation and market expansion [16][17]. Group 5: Future Directions - The 2025 program will fully embrace AI across all tracks, enhancing creativity, product development, operational efficiency, and sustainability in the beauty industry [22][24]. - The initiative aims to redefine the collaboration model between large corporations and startups, promoting mutual empowerment and growth [17][25].