Group 1 - The core focus of Vipshop is on its Spring Festival marketing activities and service guarantees, launching the New Year goods festival from February 8 to February 15, 2026, with promotional activities to stimulate consumption [1] - Vipshop has partnered with SF Express to offer a "Spring Festival uninterrupted" service from February 12 to February 24, ensuring normal delivery of specific products and upgrading the return policy to 15 days without reason to enhance the shopping experience during the holiday [1] - These initiatives aim to strengthen user engagement during the peak consumption season of the Spring Festival [1] Group 2 - Vipshop's stock price has shown volatility over the past week, with a cumulative decline of 2.34% from February 9 to February 13, 2026, and a price fluctuation of 7.02%, reaching a low of $16.97 on February 12 [1] - On February 13, the closing price was $17.54, reflecting a daily increase of 1.45% with a trading volume of approximately $16.47 million; however, the overall performance has been weaker than the market, influenced by market sentiment and industry competition [1] - There are rumors regarding the company's potential listing in Hong Kong and quarterly earnings guidance, but specific developments are pending official confirmation [1]

Core Viewpoint - The company launches the "Spring Festival Never Closes · Peaceful Health" service guarantee action to ensure continuous and accessible medical and health management services during the Spring Festival, aligning with the national "Healthy China" initiative [1] Group 1: Service Offerings - The company introduces three main categories of service guarantees: professional diagnosis and treatment, health delivery, and health maintenance, along with nine specific measures to fulfill its corporate social responsibility [1] - The "Peaceful Family Doctor" team will provide 24/7 online support, ensuring a rapid response within 30 seconds for minor health issues, including home delivery of medications and precise medical guidance [1] - For complex health issues, the platform offers video consultation services with expert doctors, connecting users to quality medical resources within three hours [1] Group 2: Health Screening and Support - The company's health testing centers in 11 cities, including Shanghai, Guangzhou, and Chongqing, will remain operational during the Spring Festival, providing professional imaging doctors for health assessments [1] - To ensure stable supply and pricing of medications during the holiday, the company introduces a "Price Guarantee" policy, where all medications will not increase in price, and users can receive refunds for price differences within seven days of purchase [1]