Core Viewpoint - Huabang Health (002004.SZ) is involved in the construction and operation of the Hebei Stem Cell Bank, focusing on the storage of newborn stem cells and adult immune cells, as well as clinical research and application transformation of stem cell products [1] Group 1 - Hebei Life Origin is the operator of the Hebei Stem Cell Bank, with its core business including the storage of newborn and adult immune cells [1] - Pruijin is primarily engaged in the research and development of innovative drugs for cell and gene therapy [1] - Puxin Biology mainly focuses on CDMO (Contract Development and Manufacturing Organization) services for cell and gene therapy drugs [1]