AFFLUENT FDN (01757) plans to launch new businesses in China, focusing on the development of two major chain industries: medical beauty and health preservation.

AFFLUENT FDN (01757) announced that in response to the increasing consumption level and aging population trend in China, the group will actively cooperate with national policies and plan to develop new businesses in China, focusing on two major chain industries: (i) medical beauty; and (ii) health and wellness (new business). In the field of medical beauty, the group plans to focus on developing the medical beauty business, including integrating a team of top medical experts nationwide, establishing high-end medical beauty hospitals, and cooperating with regenerative medical institutions. The group aims to build a comprehensive and professional medical beauty ecosystem. In the area of health and wellness, the group plans to develop the layout of the health and wellness industry. Proposed plans include establishing a national health and wellness chain store network, utilizing the advantage of store clusters, and strengthening the overall industry chain to form a closed-loop ecosystem. The group will actively explore the vertical extension and horizontal cooperation of the industry chain. Through strategic investments, business collaborations, and mergers and acquisitions, the group plans to connect more partners and resources in the fields of medical beauty and health and wellness, aiming to build an open, collaborative, mutually beneficial industry ecosystem platform to cultivate new growth curves for the two major chain industries. The board of directors believes that the new business will create long-term value for the company's shareholders and consolidate the group's strategic position in China.