Core Viewpoint - The article emphasizes the rarity and beauty of jade, particularly the exquisite green jade known as "碧玉" (Biyu), which has historical significance and is highly sought after by collectors [4][6][9]. Group 1: Characteristics of Biyu - Biyu is described as a precious jade that exhibits a deep green color reminiscent of emeralds, requiring thousands of years for its formation through mineral infusion [8][9]. - The jade's color and quality are influenced by the presence of chromium and iron ions, with higher concentrations leading to the formation of black spots, making pure specimens rare and valuable [29][30]. Group 2: Market Dynamics - The scarcity of Biyu due to mining restrictions has driven up its prices, making it a luxury item that many collectors find difficult to acquire [9][10]. - The article mentions that the current market offers a selection of Biyu products, including bracelets and jewelry, at competitive prices starting from 69 yuan, making it more accessible to enthusiasts [13][35]. Group 3: Product Offerings - The article highlights a collection of Biyu jewelry, including hand-strung bracelets and earrings, emphasizing their quality with no visible cracks or black spots [22][33]. - Specific products are showcased, such as Biyu necklaces and earrings, which are marketed as both aesthetically pleasing and a good investment due to their rarity and craftsmanship [51][76].

Investment Rating - The report does not explicitly provide an investment rating for the restaurant industry. Core Insights - The report highlights a significant increase in new product launches across six major categories in the restaurant industry, with a total of 896 new products launched in April 2025, representing a month-on-month growth of 55.8% [5][12][14]. Summary by Sections Overall New Product Overview - In April 2025, 174 out of 329 monitored brands launched new products, accounting for 52.9% of the sample [11][12]. - The new product count across six categories showed positive growth, with the highest increase seen in the noodle category, which surged by 118.6% [14][33]. Western Fast Food - In April, 19 Western fast food brands introduced 112 new products, marking a 93.1% increase from March [13][26]. - The most common new product categories included pizza and light meals, each accounting for 17.0% of the new launches [17][26]. Noodle Products - A total of 94 new noodle products were launched by 24 brands, with a remarkable increase of 118.6% compared to March [33]. - The most prevalent new product category was soup noodles, which made up 25.5% of the new launches [32][33]. Tea Drinks - 55 tea brands launched 183 new products in April, with fruit tea being the most popular category, accounting for 38.3% of the new launches [39]. - The price range for new tea products was primarily concentrated between 15 and 20 yuan per cup, representing 52.2% of the total [39]. Coffee Drinks - 23 coffee brands introduced 80 new products, with latte products being the most common, comprising 37.5% of the new launches [49]. - The focus on health-oriented products was evident, with many new offerings featuring low-sugar and low-fat attributes [49][50]. Bakery Products - 33 bakery brands launched 325 new products, with Chinese pastries leading the way at 33.5% of the total new products [60]. - The report noted a trend towards incorporating seasonal elements and floral flavors in new bakery items [58][60].