China Food

Yili gas bubble water new products, Diageo’s performance is not as expected, Weiwei shares spin off Zhijiang liquor industry, Tyson food president and CEO, Peet’s coffee opened shop in Jiangsu



Hot company information and announcement

 


泰森食品总裁兼任CEO(金融时报)

 

According to Financial Times news today, Tyson food announced that Dean banks, its current president, will also serve as CEO with effect from October 3. Noel white, the current CEO, continues to serve as executive vice chairman of Tyson food’s board of directors. Before joining Tyson Foods, Dean banks was reported to have been the project leader and leader team member of the X Lab of Google’s parent company alphabet. Earlier, he worked in other fields of technology and health care.

Wang Xing: meituan does not exist for the share price, and I am not (36 krypton)

According to 36 krypton today, Wang Xing, founder of meituan, said that meituan did not exist for the sake of stock price, and I am not. At the same time, Wang Xing also said that to tell the truth is to pay a price, and to tell a lie also needs to pay, but the price of keeping silent is the biggest, especially for all of us to keep silent.

Miss you: in the first half of the year, the net profit was 2.256 billion yuan, a year-on-year increase of 1680.02% (company announcement)

The financial report of the first half of 2020 released by you today shows that in the first half of this year, the revenue was 2.487 billion yuan, down 13% year-on-year, and the net profit was 2.256 billion yuan, with a year-on-year increase of 1680.02%. During the reporting period, the company completed the sale of major assets and sold 100% equity of Hangzhou Holmes Food Co., Ltd. to PepsiCo beverage (Hong Kong) Co., Ltd.

Diageo’s organic revenue growth falls short of expectations

The decline in Diageo sales was due to the closure of bars and restaurants as a result of the outbreak, while the increase in e-commerce and supermarket purchases failed to fill the gap, according to today’s Bloomberg news. The company said on Tuesday that organic revenue growth fell 8% in the 12 months to June, while analysts expected a 6.4% decline. In addition, the company also made a 1.3 billion impairment due to the impact of the epidemic.

Canada Food appoints new general manager (company announcement)

 

Jiajia food announced yesterday that Li Hongxia, vice chairman and general manager of the company, applied to resign from the post of vice chairman and general manager for personal reasons. Meanwhile, Zhou Jianwen, the current marketing director of seven departments of Changsha Jiajia Food Sales Co., Ltd., will take over the post of general manager of the company.

星巴克中国高管出任中国外商投资企业协会社会责任工作委员会秘书长(中国外商投资企业协会)

 

According to the China Association of enterprises with foreign investment yesterday, on July 29, the social responsibility Working Committee of the China Association of foreign investment enterprises successfully completed the job of changing the Secretary General. Zhu Lei, vice president of social influence and government affairs of Starbucks enterprise management (China) Co., Ltd., was elected by all members of the Committee Secretariat and approved by the association. Zhu Lei, vice president of social influence and government affairs of Starbucks enterprise management (China) Co., Ltd., was appointed as the Secretary general of the social responsibility Working Committee, and presided over the relevant work of the social responsibility Committee.

It plans to spin off Zhijiang liquor industry with 462 million yuan, and Weiwei shares “bid farewell” to cross-border “drinking” (Financial Association)

On the evening of August 4, Weiwei Co., Ltd. announced that it planned to transfer 71% shares of Hubei Zhijiang Liquor Co., Ltd. (hereinafter referred to as “Zhijiang liquor industry”), and the transferee was Jiangsu variety show Holding Co., Ltd., with a transaction price of about 462 million yuan and a premium rate of 0.21%. In the announcement, Weiwei shares said that the share transfer is the company’s overall strategic planning arrangement to further focus on the main business. After the completion of the transaction, the share transfer income will be generated, and the net profit of the company will be increased by 117 million yuan, which will be subject to the annual audit results.

Goat milk powder sucks out “iron filings” and produces multiple brands at the same time on behalf of factories (AI finance and Economics Society)

 

According to AI financial news agency yesterday, on August 3, some consumers reported that a black substance was found in lelizi milk powder, which can be absorbed by a magnet, suspected to be iron filings. It is understood that if there are dark brown substances in milk powder, it may be the reaction between the carbon group of lactose and the amino group of milk protein in the process of processing, so as to generate dark brown Caramel particles.

 

According to the report, lelizi milk powder is produced by Yangling SHENGFEI Dairy Co., Ltd., and the brand incubation center set up by Yang Ling SHENGFEI provides support for OEMs of whole fat pure goat milk powder, various formula goat milk powder and functional goat milk solid beverage. In response to the above incident, Mr. Hu of the brand Incubation Center said, “milk powder processing has a powder screen, there can be no iron filings.” But Mr. Hu also said that the powder shape of large particles in the process of powder spraying is mainly to screen out these large particles, and the production process is not very clear.

 

Sales of China Resources beer are expected to increase by 11% in the second quarter (Xinbao)

 

According to the Xinbao news yesterday, with the easing of the epidemic situation in mainland China and the rapid recovery of the beer industry since April, the overall sales volume in the second quarter recovered to 9.9%, and the growth rate of China Resources beer is expected to reach 11%, while the average selling price is roughly the same. The news also pointed out that although the epidemic may drag down the performance of China Resources beer in the first half of the year, the sales during the period are expected to drop by 6% year-on-year, but the performance is better than that of the industry. After China Resources brewery acquired Heineken’s mainland business, it is believed that it will help to improve its overall gross profit margin, which is expected to increase by 1% in the first half of the year.

Zhongdi dairy shares hit a new listing record today (Sina Hong Kong stock)

 

According to news from Sina Hong Kong shares today, Zhongdi dairy rose 29.92% to HK $1.65, with the highest price of HK $1.69, a new listing record. The shares temporarily rose for 4 days, with a cumulative increase of 251.06%. As of today’s closing, China dairy closed at HK $1.3 per share, up 2.36%.

Beyond meat says China is one of the priorities in expanding the vegetable meat market (36 krypton)

According to 36 krypton today, chuck mut, chief development officer of beyond meat, a plant meat producer, believes that China is one of the priorities in expanding the vegetable meat market. In this regard, he explained that, first of all, because of the large population of China’s market, and secondly, the growing interest of Chinese consumers in plant-based products, which enabled beyond meat to find opportunities to enter the market. In addition, chuck mutter said that by 2024, beyond meat will reduce the price of at least one product to the same level as animal protein of its kind.

  

For the first time, the best shop was broadcast live with the Kwai top streaming anchor, and sales were broken by 14 million (company news).

 

In July 31st, the good shop launched a live broadcast of the Kwai Tai platform for more than 5 hours. It is reported that this is the first time that the good shop has been built and the Kwai Chung top anchor has been making live broadcast. Data from house lizard show that the live broadcast sales exceeded 14 million yuan, ranking second in the Kwai live broadcast day.

 

Peet’s coffee opens shop in Jiangsu (Sina Jiangsu)

 

According to Sina Jiangsu today, Peet’s coffee opened its first store in Jiangsu on August 1.

 

Yili dairy light drink brand launches new bubble water (Caixun)

 

According to today’s caixun.com, Yiran, a dairy light drink brand under Yili, has recently launched new products such as modern can bubble water and children’s milk mineral light drink, continuously expanding its product line. It is reported that in February this year, Iran officially entered the bubble water field through the listing of dairy mineral drinks.

 

Fonterra Anjia launches “milk beer” Season 2 (company news)

 

According to Fonterra yesterday, its catering service brand Anjia professional dairy professional partners recently joined hands with Qingdao beer and Naixue’s tea partners to jointly launch the second season of “milk this play beer” at the annual Qingdao Beer Festival, and released six online Red creative drinks.

Vita milk launches limited melon flavor soymilk (Hong Kong Life)

 

According to Hong Kong media yesterday, Vita milk will be launched in early August, during which the brand-new “Vitasoy milk with honey melon flavor” will be available for sale in convenience stores in Hong Kong.

COFCO international to achieve full traceability of all Brazil directly harvested soybeans in 2023 (company news)

According to COFCO today, it is expected that by 2023, COFCO international will purchase soybeans directly from Brazilian farmers, fully traceable to farms, so as to alleviate the environmental and social challenges faced by Brazil’s soybean supply chain.


Quick reading of food industry information

 


Shaanxi sheep milk powder market sales exceeded 13 billion yuan (Yanliang District Government)

 

On July 31, Yanliang District Baiyue goat milk cultural center officially opened. It is understood that at present, there are more than 2.2 million dairy goats in Shaanxi, accounting for the first place in China. The annual production of goat milk powder reaches 75000 tons, and the market sales exceed 13 billion yuan. 95% of the goat milk powder in the country comes from Shaanxi.

Efficiency improvement of China Europe train ports (issued by customs)

According to the official account of the WeChat public, the Customs General Administration has launched the railway manifest system and the railway transport system at the national ports, pushing the paperless operation of the railway port, reducing the number of customs declarations and lowering the cost of customs declaration. According to the statistics of Manzhouli customs, it used to take 15-20 minutes to complete the operation procedures of an outbound train. Now the system reads seconds to complete the corresponding document operation, which significantly improves the traffic efficiency of China Europe train ports.

 

China is still the largest market for Australian wine export, and high-end wine is popular (Aohua Finance Online)

 

Despite the outbreak of the new crown outbreak and the twists and turns in Sino Australian relations, China remains Australia’s largest wine export market in fiscal year 2020, according to data released by the Australian wine authority. The data shows that the total value of Australian wine exported to the Chinese market in this fiscal year was a $1.1 billion, a year-on-year increase of 0.7%, the total volume was 121 million liters, a year-on-year decrease of 17%, and the average price was a $9.07 per litre, a sharp increase of 22%, indicating that high-end wine is increasingly popular in China.

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