Hot Company Information and Announcements
" Red Bull Series Trademark" case first instance judgment (Company News)
Tonight, Tiansi Pharmaceutical issued a notice stating that on November 25, the Beijing Higher People's Court made a first instance judgment, rejecting Red Bull Vitamin Beverage Co., Ltd.'s request for the court to confirm that Red Bull Vitamin Beverage Co., Ltd. has the legitimate rights and interests of the owners in the "Red Bull Series Trademark", and demanded that Thailand Tiansi Pharmaceutical Health Co., Ltd. pay advertising costs. Tiansi Pharmaceutical "winned a great victory" in this case.
In response to this, Red Bull Vitamin Beverage Co., Ltd. responded that as the only investor of the "Red Bull Series Trademark" for more than 20 years, the company should be the enjoyer of the legitimate rights and interests of the trademark in terms of circumstances, reason and law. It will appeal to the Supreme People's Court in accordance with the law to safeguard its legitimate rights and interests.
China Grain and Oil Holdings announced its privatization plan (company announcement, snack agent)
Today, China Grain and Oil Holdings, which is listed in Hong Kong, issued an announcement stating that COFCO Group (Hong Kong) Co., Ltd. proposed to privatize the company, with a cancellation price per share of HK$4.25, a premium of 34.07% from the closing price of the last trading day. After the completion of the plan, China Grain and Oil Holdings will be wholly owned by the offeror, WideSmart and Jumbo Profit, and the shares will be withdrawn from their listing status on the Stock Exchange. At the same time, the company will establish an independent directors committee and resume share trading. As of today's closing, China Grain and Oil Holdings was HK$4.09 per share, setting a new high in share price. But this closing price is still below the write-off price per share.
Morgan : Instant noodles receive a high market share and scale advantage. Master Shengkang Holdings reaches the "increasing holdings" rating (Zhitong Finance)
According to Zhitong Finance today, Morgan MD has released a report saying that among mainland instant noodles and beverage stocks, brands that have a stable position in the high-end market, strong channel capabilities and can keep up with the trend of quality. The bank expects that Master Kong Holdings' share of instant noodles market will further increase and its efficiency will also increase, and will raise Master Kong Holdings to the "increase holding" investment rating; in addition, it will give Rising Food the first "increase holding" rating; maintain the unified enterprise China's "reduced holding" rating; cover Vitamin International for the first time, and give it a "synchronous with the market" rating.
Chairman of New Hope: New Hope is the company with the lowest losses in China's pig farming industry (First Financial Daily)
According to the news from First Financial Daily today, New Hope Group Chairman Liu Yonghao said that so far, New Hope is the company with the lowest losses in China's pig farming industry, with a pig farming rate of more than 90%. New Hope plans to raise more than 25 million pigs in 2021 and 2022. Regarding the price trend of pork, he said that he believed that the price of pork will gradually decline after mid-next year. After another year or two, it is estimated that the price of pork will gradually return to normal.
Guangming plans to start investment and construction of organic milk sources next year (Ganzhou Online)
November 21-23, Xu Ruqing, vice president of Guangming Food (Group) Co., Ltd., and Tang Xinren, vice president of Guangming Dairy Co., Ltd., went to Gansu Zhangye City Ganzhou District to inspect and negotiate, reaching a consensus on cooperation in the organic milk source base project and the construction project of organic dairy development and processing base, and plan to start investment and construction in March next year. Previously, Guangming also negotiated projects such as building a national infant and child dairy production and processing base and supplying Shanghai agricultural products base in Ganxin.
Yibao became a partner of Chinese national team (Company News)
Today, the China National Team Cooperation Plan news conference was held, and representatives of relevant project management center units, individual associations, athletes and cooperative enterprises attended the meeting, announcing that Yibao officially became a partner of the Chinese national team/TEAMCHINA. In this cooperation, Yibao will provide sports athletes of more than 70 teams including the Chinese National Volleyball Team and the Chinese National Swimming Team to provide reserve funds, drinking water, sports drinks and all non-alcoholic beverages, and provide high-quality event services and professional guarantees.
paid approximately RMB 236 million, and Bellamy's two historical lawsuits were settled (Company News)
Yesterday, Bellamy announced that it had paid 49.7 million Australian dollars (contract 236 million RMB) to settle the two historical lawsuits regarding market disclosure. Bellamy said that this move will not affect the company's financial performance, and the settlement is a business decision to maximize the interests of the company and shareholders, allowing the company to continue to focus on the execution of the strategy without being disturbed by litigation. It is reported that the two lawsuits were filed in the Australian Federal Court on February 23, 2017 and March 7, 2017 respectively.
rumor InBev wants to sell some of its North American businesses for $5 billion to $6 billion ( Reuters )
According to Reuters today, in order to streamline its product portfolio and focus on core businesses, InBev has cooperated with Deutsche Bank to seek to sell minority equity or joint ventures in its North American bottling and canned bottle bottling businesses, with a transaction amount of about $5 billion to $6 billion. The news has attracted the interest of private equity companies. InBev and Deutsche Bank declined to comment on this.
Shanghai Municipal Supervision Bureau investigated and handled 2,290 food cases, seized counterfeit products such as Taitai Le and Jiale ( China Quality News Network )
According to the China Quality News Network yesterday, the Shanghai Municipal Market Supervision Bureau launched a joint action to rectify food safety issues, and investigated and handled a total of 2,290 food safety cases. Among them, more than 14,000 cases of counterfeit Swiss Nestle "Taitai Le" chicken essence, Unilever "Carle" chicken sauce, "Sijibao" peanut butter and other brand condiments were seized; more than 2,300 bottles of counterfeit "Feitian Moutai" and "Wuliangye" brands were found.
Felsland launched the "Love Education Future" project, focusing on early childhood education (company news)
Today, the "Love Education Future" public welfare project, guided by the All-China Women's Federation, jointly initiated by the China Women's Development Foundation and Royal Dutch Felsland, was officially launched in Beijing. The project plans to conduct early education interventions for preschool children mainly in preschool children aged 0-3 in areas where the development of early family education is lagging behind, and carry out precise guidance services for family education. According to reports, the first phase of the project invested RMB 5 million, and eight love education spaces will be set up in Hebei, Yunnan, Inner Mongolia and other places. It is planned to provide services to 800 families and will cover 15,000 parents and children.
Gongcha was invested by TA Associates and appointed former McDonald's executive chairman (Company News)
Today, Gongcha International Co., Ltd. (hereinafter referred to as "Kongcha") and TA Associates announced that Gongcha has received the latter's strategic growth investment and the financial terms of the transaction were not disclosed. In addition to TA and Hezhong Group, Gongcha management and Gongcha Korean and Japanese founders have also invested in the company. With the completion of the transaction, Peter Rodwell will join the executive chairman of Gongcha, who has led McDonald's to expand its business in the Asia-Pacific and Middle East markets; at the same time, Eikoh Harada will join the chairman, president and CEO of Gongcha Japan, and will join the global senior leadership team. He has served as CEO of McDonald's Japan.
In order to improve China's production capacity, Givaudan spent 210 million to expand its Jiangsu factory (foodbev)
According to foreign media yesterday, spice and fragrance manufacturing company Givaudan invested 30 million Swiss francs (contract 210 million yuan) to expand its Nantong factory in Jiangsu, aiming to double China's fragrance production capacity to meet consumers' demand for healthier products.
Pernod Riga Ireland launches two new whiskey packaging (just-drinks)
According to foreign media yesterday, Pernod Riga Ireland launched two new packaging of two whiskeys, Jameson Stout Edition and Jameson IPA Edition. The new products will be sold in the United States in January next year and will be launched globally from March.
Arla launches the concept of pregnant women's drinks and snack bars (foodev)
According to foreign media today, Arla Foods' raw materials company announced the concept of pregnant women's drinks and snack bars Smart Mama.These products are said to contain whey protein Lacprodan MFGM-10 components, which helps early brain development in infants.
In order to reduce the content of saturated fat of the product, Pepsi Australian snack brand switches to rapeseed oil (foodbev)
According to recent news from foreign media, many snack brands such as Doritos and Cheetos under Pepsi Australia will switch to rapeseed oil to reduce the saturated fat content in food. In some products, the saturated fat content will be reduced by 86%. This shift means that more than 90% of its snacks meet Pepsi's global target for 2025, to reduce the saturated fat content in its products to less than 1.1 grams per 100 calories.
Food industry information speed reading
Fresh milk production in the first ten months of this year increased by 5.6% year-on-year (China.com)
According to China.com today, from January to October this year, the national fresh milk production increased by 5.6% year-on-year, dairy product production increased by 8.3% year-on-year, dairy farming benefits returned to the normal level of 3,000 yuan per head.
Moscow dairy farmers put VR glasses on cows to increase milk production ( Aifaner )
According to Aifaner yesterday, a local farm in Moscow is testing to reduce the anxiety of cows by wearing VR glasses on cows to increase milk production. According to reports, the vision of cattle is different from that of humans. It is more sensitive to red in the spectrum and has weaker perception of green and blue. Therefore, the VR headset is also specially designed for the vision of cow heads and cows, which is in line with "bow physical engineering". According to a study of cows at , cows' emotional state is related to the quality and quantity of milk production.
Ministry of Industry and Information Technology will promote the formation of a number of influential dairy brands ( Fortune Power Network )
According to the news today of Fortune Power Network, Zhang Jun, a second-level inspector of the Consumer Products Industry Department of the Ministry of Industry and Information Technology, revealed that the Ministry of Industry and Information Technology will further guide dairy companies to deeply explore the unique value of brands from multiple aspects and promote the formation of a group of well-known dairy brands with strong influence. Leading dairy companies should give full play to the leading role and do a good job in four aspects: steadily expand the dairy consumer market and give full play to the advantages of the domestic fresh milk supply chain; continue to focus on the construction of a free milk source base, and enterprises with conditions should take the initiative to go abroad; continuously improve the construction of a traceability system, increase the publicity and promotion of WeChat mini programs; adhere to the path of innovative and integrated development, and increase the application of the latest achievements of cutting-edge interdisciplinary disciplines such as genetic technology and bioengineering.
New Zealand 2018-19 cattle herd and milk yield hit a record high (New Zealand Dairy Network)
According to foreign media today, the latest statistics from the New Zealand Dairy Association show that in 2018-19, the milk production of New Zealand's cattle herd and each cow both hit a record high. Dairy companies processed 21.2 billion liters of milk, including 1.88 billion kilograms of milk solids, both up 2.4% from the previous quarter. The latest data shows that New Zealand has 4.964 million cows, down 0.9% from the previous season.
