Group 1 - The core viewpoint is that the consumption market in China is undergoing unprecedented structural changes due to factors such as population structure, economic development level, and marketing channels, presenting both challenges and opportunities for the industry [1] Group 2 - Chengsha Ningyale Network Technology Co., Ltd. (Ningyale) has signed a merger agreement with Jiefei Technology International Group, marking a new development opportunity for Ningyale [2] - Ningyale focuses on providing data merger management services for listed companies and building private traffic systems for pre-listed companies, successfully creating the "Zhenpin Yigou" one-stop health vertical e-commerce platform [4] - The company aims to achieve a virtuous cycle ecosystem of "health consumption - data assets - capital returns," establishing a solid foundation for higher quality development [4] Group 3 - Ningyale plans to collaborate with Jiefei Technology to focus on core business areas and leverage both parties' resources for sustainable development [6] Group 4 - Ningyale has successfully completed a 10 million RMB angel round financing, with the investment from the Asia Venture Philanthropy Network (AVPN), which recognizes the innovative model of "Zhenpin Yigou" in addressing value distribution challenges in the data economy [7] - The core innovation of "Zhenpin Yigou" lies in constructing a complete data value transformation chain, allowing users to accumulate consumption data through purchasing health products and services [7] - This innovative model integrates health consumption, data assets, and capital returns, providing new development ideas for the e-commerce industry and exploring feasible paths for market-oriented data factor allocation [7] Group 5 - The financing reflects AVPN's recognition of Ningyale's innovative business model, with plans to use the funds for ecosystem expansion and deepening business cycles [10] - Ningyale aims to explore long-term development paths and build a sustainable development strategy system while collaborating with partners for mutual benefits [10]