Core Viewpoint - XinNuoWei announced on September 16 that it is a subsidiary of Shiyao Group listed on the A-share market, focusing on the research, development, production, and sales of biopharmaceuticals and functional foods, with a long-term strategy to continuously build an innovative biopharmaceutical industry platform [2] Group 1 - The company is primarily engaged in biopharmaceuticals and functional food sectors [2] - XinNuoWei aims to establish a sustainable innovative biopharmaceutical industry platform as part of its long-term development strategy [2] - The company's stock abbreviation will be processed according to the relevant regulations of the Shenzhen Stock Exchange [2]