hot company information and announcements
Yili completed subscription Zhongdi Dairy shares (company announcement)
According to Yili today's announcement, its wholly-owned subsidiary Hong Kong Jingang Trading Holdings Co., Ltd. (referred to as "Jingang Holdings") intends to subscribe to Zhongdi Dairy targeted share issuance shares has been completed. After the delivery, Jingang Holdings held approximately 16.6% of the issued share capital of Zhongdi Dairy . Yili said that the investment will help further stabilize the supply of raw milk and enhance market competitiveness.
Mengniu signed the "China Dairy Industrial Park Ulanqab Dairy Industry Project" Cooperation Agreement (Ulanqab Municipal People's Government)
htmlOn August 11, Ulanqab City and Mengniu signed a cooperation agreement to officially start the "China Dairy Industrial Park Ulanqab Dairy Industry Project". According to reports, the project plans to build 8 dairy farms in Ulanqab within five years, with a total inventory exceeding 50,000.Starbucks ( Kunshan ) Coffee Co., Ltd. completed the signing of the plot contract (Kunshan Municipal Natural Resources and Planning Bureau)
On August 6, the signing of the plot contract for the Starbucks (Kunshan) Coffee Co., Ltd. was completed. The Starbucks China Coffee Innovation Industrial Park project in Kunshan has a total investment of 1.09 billion yuan, with an estimated annual sales of 1.08 billion yuan. It is mainly engaged in coffee bean import and export, roasting, packaging, storage, logistics distribution, distribution, and coffee roasting related training. It is expected to achieve annual roasting of 11,600 tons of coffee beans. According to reports, the project has been listed as a major reserve project in Jiangsu Province.
Meadowsen plans to invest nearly US$70 million to expand a Netherlands factory (hollandsentinel)
According to recent news from foreign media, Meadowsen plans to invest US$67.7 million to expand the factory in , Zeland, Netherlands. The expansion content will include building renovation and the establishment of new employee channels. Relevant documents show that the expanded factory will become Mead Johnson's "Global Supply and Technology Center for Hypoallergenic Infant Formula Food" and meet regulatory standards in multiple export markets. The report also said that the above-mentioned expansion project will enjoy local tax incentives in the next 12 years.
American sports drinks Bodyarmor said it plans to surpass Gatorade (CNBC)
According to CNBC yesterday, Mike Repole, founder of sports drink brand Bodyarmor, said that he hopes the company can become the number one sports drinker in the US market in 2025. He said in an interview: "Either go bankrupt within five years or become the number one sports drink brand by 2025." This goal means that Bodyarmor needs to surpass Pepsi Gatorade and Coca-Cola . According to Stanford University data, Gatorade, Bodyarmor's shares are 70%, 15% and 13% respectively, calculated based on sports drink revenue. The report also said that Coca-Cola is the second largest shareholder of Bodyarmor.
Fengyi International's net profit in the first half of the year increased by 49.8% year-on-year (company announcement)
Fengyi International's semi-annual report released yesterday showed that net profit in the first half of the year increased by 49.8% year-on-year to US$611 million, while revenue during the period increased by 12% year-on-year to US$22.658 billion.
Tibet Water Resources issued a profit warning, and its net profit in the first half of the year is expected to decline by about 65% year-on-year (Company announcement)
Tibet Water Resources (Note: 5100 Mineral Jellyfish Company) issued a profit warning announcement yesterday. The announcement stated that revenue and net profit in the first half of 2020 are expected to decline by about 45% and 65% year-on-year respectively. The main reasons are: 1. The adverse impact of the new crown pneumonia epidemic; 2. The impairment loss of financial assets increased; 3. The investments recorded attributable to use the equity method recorded a small loss; 4. The increase in net financial income partially offset the impact of the company's owner's estimated profit reduction.
The first creator of mushroom sauce "Zhongjing Food", passed the first release, saying that Lao Ganma is a competitor (Securities Times)
htmlOn August 11, Zhongjing Food, the first creator of mushroom sauce, successfully passed the review of the GEM Listing Committee. Zhongjing Food was founded in 2002. At first, it mainly focused on seasoning and ingredient business such as pepper oil. Later, it took the lead in launching Zhongjing mushroom sauce in 2008, becoming the first in the domestic mushroom sauce category.Zhongjing Food stated in its prospectus that its competitors include industry giants such as the seasoning sauce companies Lao Ganma, Haitian Flavor Industry, Jixiangju, and Fanshaoguang.Shanghai Hairong Food Technology Co., Ltd. plans to go public on the GEM (Shenzhen Stock Exchange)
According to the official website of the Shenzhen Stock Exchange, yesterday, Shanghai Hairong Food Technology Co., Ltd. disclosed the latest listing pre-disclosure documents. The document shows that Shanghai Hairong mainly focuses on the research, development, production and sales of baked food raw materials such as plant-based cream, chocolate, and jam, among which plant-based cream series products are its main products. From 2017 to 2019, Shanghai Hairong's revenue was RMB 471 million, RMB 541 million and RMB 584 million, respectively, and its net profit was RMB 69.593 million, RMB 72.9328 million and RMB 76.7182 million, respectively.
Broo cooperates with Australia's largest beer brewer CUB. The stock price once rose nearly 100% (Australia Finance Online)
Today, Australian beer company Broo issued an announcement stating that it signed a brewing agreement with Australia's largest beer brewer Carlton & United Breweries (CUB), to produce Broo high-quality beer and barrel liquor products. The agreement will increase the production and supply capacity of its premium beer and barrel alcohol products. The agreement begins this month and lasts for 24 months until it expires on August 31, 2022. Affected by the announcement, Broo once rose nearly 100% in the early trading.
rumored Japan's Kirin acquires shares of Indian craft beer B9 Beverages ( Reuters )
On Tuesday, Indian craft beer B9 Beverages CEO Ankur Jain told Reuters that the company is negotiating with international beer merchants and investors to sell up to 20% of the shares, but it did not specify the negotiation partner. Reuters quoted four industry insiders as saying that B9 Beverages has negotiated with Kirin Holdings, one of Japan's largest beermakers. In response, a spokesperson for Qilin Holdings said that "there is absolutely no discussion" related matters at present.
hanger coffee The leading brand "Sushidachuan Coffee" received exclusive investment in Xingwang Investment (36Kr)
According to 36Kr today, Xingwang Investment has recently completed its exclusive investment in Sushidachuan Coffee, the leading brand of Haner coffee. Sumidachuan Coffee is a fast-moving consumer coffee product with affordable prices and portable packaging. According to data, in 2019, Sumidachuan Coffee ranked first in annual sales in the Tmall platform's ear/coffee liquid category. After obtaining investment, Sumidachuan Coffee will continue to promote its market share of hanging ear coffee products.
Box Ma Six stores are open at the same time, adopting the "online ordering and cabinet pickup" model (NetEase Technology)
According to NetEase Technology today, Box Ma announced that it will open at the same time in Shanghai. It is reported that the "online ordering and checking" model of the new online economy has been launched. Users can place an order in advance on the Hema APP, scan the code to pick up the food at the self-pickup cabinet, and complete the entire digital fulfillment within 2 minutes. Regarding future store opening plans, Hema CEO Hou Yi said that by the end of this year, Hexiaoma will open 60 stores along Shanghai subway stations.
Daoxiang's entire branch resumes business from today (Ming Pao)
According to Ming Pao, Daoxiang, which had announced the full shutdown due to the epidemic, announced this morning that its branch will resume business today (12th), and launched a 20% discount on takeaway pickup to attract customers.
Female employee of Korea Haoliyou Company committed suicide by being unable to bear workplace bullying (People's Daily)
According to People's Daily yesterday, in March this year, a 22-year-old female employee of South Korea Haoliyou Food Co., Ltd. committed suicide by being unable to bear workplace bullying and sexual harassment, and left a suicide note involving Haoliyou. On May 21, South Korea's Haoliyou Food Company issued an official position on A's incident, claiming that A's death "has no direct relationship to the company."
Subsequently, the South Korean Ministry of Employment and Labor sent a labor supervisor to Haoliyou Company for a special investigation. After investigation, it was determined that the behavior of A's leader forcibly requesting his subordinates to write a letter of repentance was a workplace bullying. In an interview, Haoliyou Company stated that the company has convened a punishment committee, issued punishments to the persons responsible for the incident, and humbly accepted the corporate culture rectification requirements of the Ministry of Employment and Labor, and will actively implement the rectification.
Organic Royal Meisujiaer Hong Kong Edition was launched for the first time (snacks generation)
Recently, Royal Meisujiaer Hong Kong Edition, a subsidiary of Royal Ferryland, launched an ultra-high-end organic version of infant formula milk powder, and was launched for the first time in Hong Kong, China. According to reports, this product focuses on the "first organic milk source essence" and also adopts a milk source traceability system. Consumers can scan the QR code on the packaging can to trace all links from the company's diverse organic ecological ranch to production and sales. Snacks noticed that the new product series has been launched in the official WeChat self-operated store of Meisu Jiaer in Hong Kong, with a 3-stage single can priced at 445 yuan.
Wandashan officially released the organic A2 series products (company news)
Yesterday afternoon, Wandashan officially released the organic A2 series products and colostrum functional products, and announced that its milk powder full product line packaging is renewed. According to reports, in terms of the new organic A2 series, Wandashan has subdivided the consumer group and released a total of 4 new organic A2 β-casein products for the different nutrition needs of pregnant women, children and families in all ages.
Nestlé Jiabao pushes infant teething snacks (company news)
htmlOn August 11, Nestlé Jiabao announced the launch of its first product, Soothe 'n' Chew teething sticks, which mainly focuses on grains and relieves teething discomfort in infants and young children.
Tiansi Group officially announced the Red Bull brand endorsement lineup and launched the "You are really awesome, Red Bull supports you" marketing campaign (company news)
Recently, Thailand Tiansi Group officially launched the Red Bull brand "You are really awesome, Red Bull supports you" marketing campaign and announced the roster of Red Bull brand endorsement. According to reports, the "Real Bull Marketing Activities" aims to promote new products in its global Red Bull product matrix, Red Bull vitamin-flavored beverages. As of the end of June this year, the product has been launched in 244 cities in 30 provinces and municipalities, and is in rapid expansion.
Food industry information speed reading
Anhui Wuhu An restaurant imported frozen shrimp was tested positive for the new coronavirus (CCTV News)
August 10, Wuhu Jinghu District found during the routine investigation and testing of cold chain food and employees that the nucleic acid test result of the Ecuadorian frozen shrimp imported from 1 restaurant was suspected to be positive for the nucleic acid test result of the new coronavirus. On August 11, the Wuhu Municipal Center for Disease Control and Prevention reviewed the sample and the result was positive. After verification, the epidemic-related products were stored in the freezer of the store after purchase.
Australia Dairy Bureau increases milk production forecasts for fiscal year 2025 (Australia Dairy Bureau)
Australia Dairy Bureau released the analysis results today show that in the medium-speed growth forecast concept, the industry can recover and maintain profitability, confidence and unity. By 2024-2025 (FY 2025), milk production is expected to reach 9.6 billion liters, 1 billion liters more than the current expected output (the "changeable" forecast). The bureau also said that from the 2025 fiscal year, external constraints such as resource availability will once again grow slowly, and under the same forecast, Australia's total output will reach 10 billion liters in fiscal year 2030. On the other hand, the efforts of its government and industry to reduce and eliminate regional constraints will be expected to bring a "high growth" forecast of output up to 11.6 billion liters.
Zhang Gong was appointed as the Director of the State Administration for Market Regulation (Personnel Department)
According to the official website of the Ministry of Human Resources and Social Security today, Zhang Gong was appointed as the Director of the State Administration for Market Regulation, and Xiao Yaqing was removed from his position as Director of the State Administration for Market Regulation.
Global CEO Survey reveals permanent changes brought about by the new crown epidemic (PR Newswitz)
According to PR Newswitz today, PwC has conducted the latest survey of 699 CEOs around the world. The survey shows that most CEOs believe that the transition to remote collaboration (78%), automation (76%) and reduction of office staff (61%) under the COVID-19 pandemic is still continuing, with 61% of respondents saying that their business model will be more digital in the future - the COVID-19 pandemic has accelerated this change. 58% of CEOs said ensuring supply chain security will remain a focus. Business leaders also believe that the pandemic has increased the importance of responding to a wider range of stakeholder issues, especially employee issues.
