China Food

Yili’s total revenue in the first half of the year was over 47.5 billion. Starbucks China was ready to drink new products. Wyeth platinum company entered Aiying Island organically. Zhejiang Huakang, a supplier of Master Kong, planned to go public. Last year, 150000 convenience stores were closed across the country


Hot company information and announcement

 

Yili’s total revenue in the first half of the year was 47.528 billion yuan, up 5.45% year on year (company announcement)

 

Today, Yili announced its semi annual report for 2020. During the reporting period, the company promoted the rapid recovery of its business, with a total operating revenue of 47.528 billion yuan, a year-on-year increase of 5.45%, and a net profit of 3.757 billion yuan, a year-on-year decrease of 1.09%. During the reporting period, according to Nilsen’s zero research data, the market retail sales share of the company’s normal temperature liquid milk business increased by 0.8% compared with the same period of last year. Among them, the market retail sales share of normal temperature yogurt, normal temperature pure milk and normal temperature organic liquid milk increased by 3.2%, 0.4% and 4.0% respectively The retail sales share of low-temperature liquid milk business increased by 0.3 percentage points over the same period of last year; the market retail sales share of infant formula milk powder decreased by 0.2 percentage points compared with the same period of last year.

Six batches of infant formula milk powder product formula registration approval (decision) pending information disclosure (State Drug Administration) today, the official website of the State Drug Administration announced the pending information of six batches of infant formula milk powder product formula registration approval document (decision letter). The applicants are Shaanxi Hongxing Meiling Dairy Co., Ltd. and Heilongjiang TOPCON ersmer milk Industry limited. Details are as follows:

 

Nestle announces compliance with the international code of sale of breast milk substitutes (company news)

 

Yesterday, Nestle reported on its compliance with the WHO International Code of marketing of breast milk substitutes in 2019, saying that “the company is aware of the need for continuous improvement and has taken measures to further improve transparency, publicly report challenges, non-compliance cases and corrective measures”. The report stressed that once a non-compliance is found, it will immediately stop the practice and take the necessary measures to solve it.

 

Nestle believes that continuous training is needed for employees and distributors’ employees to understand the importance of complying with the code. In addition, interaction with the healthcare system and healthcare workers remains an area of concern for the company.

 

Shuangta food: it has a cooperative relationship with Cargill. At present, Unilever has also visited the company to discuss cooperation matters (Shenzhen Stock Exchange interactive easy)

 

Yesterday, in response to a question on whether Shuangta food cooperated with Cargill, Unilever and other artificial meat companies in the food industry, Shuangta food responded yesterday evening that “the company has a cooperative relationship with Cargill. At present, Unilever also visited the company to discuss cooperation matters.”

 

Zhejiang Huakang, a supplier of Master Kang, plans to raise 1.394 billion yuan to invest in sugar alcohol technology transformation and other projects (Daily Economic News)

 

Recently, Zhejiang Health Pharmaceutical Co., Ltd. (hereinafter referred to as Zhejiang Huajiao) intends to update its application for listing. According to the prospectus, the company is expected to raise 1.394 billion yuan, which will be invested in the technical transformation project of Xylitol with an annual output of 30000 tons, the technical transformation project of sorbitol with an annual output of 30000 tons, and the construction project of functional sugar alcohol technology research and development center. Zhejiang Huakang is mainly engaged in the R & D, production and sales of xylitol, sorbitol, maltitol, fructose syrup and other functional sugar alcohols and starch sugar products. Food enterprises such as Mars Wrigley, Yizi, bufandi, Swire Coca Cola, Master Kang and other food enterprises are their major customers, accounting for 29.52%, 12.93%, 9.81%, 5.24% and 1.82% of the company’s operating income respectively.

 

In the first half of the year, revenue of Xiabu Xiabu was 1.922 billion yuan, down 29.1% year on year (company announcement)

 

Today, Sipu Gabu announced its mid-term results for 2020. According to the report, in the first half of the year, the company realized revenue of 1.922 billion yuan, a year-on-year decrease of 29.1%; adjusted loss of 193 million yuan, and adjusted net profit of 210 million yuan in the same period of last year. The two outbreaks have had a significant impact on the company’s business since the end of January 2020, especially in Hubei Province, Northeast China and Beijing, where more than 44% of its stores are located, the announcement said.

 

The revenue of western animal husbandry in the first half of the year was 352 million yuan, with a year-on-year increase of 2.61% (company announcement)

On the evening of August 26, western animal husbandry released a semi annual performance report, saying that in the first half of 2020, the operating revenue was about 352 million yuan, an increase of 2.61%; the net profit attributable to shareholders of listed companies was about 2.06 million yuan, with a year-on-year increase of 9.97%. For the performance increase, western animal husbandry said that the main reasons include the performance driven by the holding subsidiary Xinjiang Shihezi garden Dairy Co., Ltd.

 

Jiugui Liquor’s revenue in the first half of the year was 722 million yuan, with a year-on-year increase of 1.87% (company announcement)

 

Yesterday, Jiugui Liquor released the semi annual report of 2020, which showed that the company realized 722 million yuan of operating revenue, with a year-on-year growth of 1.87%, and realized 185 million yuan of net profit attributable to shareholders of listed companies, with a year-on-year increase of 18.42%.

 

Juewei food’s performance declines for the first time in five years (Beijing business daily)

 

Yesterday, Juewei food’s 2020 semi annual report showed that in the first half of the year, its operating revenue was about 2.413 billion yuan, a year-on-year decrease of 3.08%; and its net profit was about 274 million yuan, a year-on-year decrease of 30.78%. It is worth noting that this is the first time that Juewei food’s semi annual report performance has declined in recent years. According to the data, from 2016 to 2019, the revenue in the first half of the year for four consecutive years was 1.559 billion yuan, 1.851 billion yuan, 2.085 billion yuan and 2.49 billion yuan, respectively, and kept growing. The net profit was 182 million yuan, 237 million yuan, 311 million yuan and 393 million yuan respectively, which also maintained an increase. For the decline in performance, Juewei food said that in order to fight against the new crown epidemic, it temporarily closed some stores and increased support for franchisees.

 

The net profit of Canada food in the first half of the year increased by about 25% (company announcement)

 

On the evening of August 25, Canada Food released the 2020 semi annual report, which showed that in the first half of the year, its operating revenue was 1.156 billion yuan, up 12.87% year on year; the net profit was 107 million yuan, up 24.67% year on year.

 

Wyeth platinum organic milk powder enters Aiying Island

 

Recently, Aiying island and Wyeth platinum organic milk powder have reached a strategic cooperation. Wyeth platinum organic milk powder will be officially stationed in Aiying island’s main stores.

 

Starbucks China launches two new ready to drink series (company news)

Recently, Starbucks China ready to drink coffee has launched two brand-new bottled drinks: Starbucks selection series and Starbucks cold extract coffee series. Among them, xingxuan series is the first low-fat ready to drink coffee launched by the company in China, and the bottled cold extract coffee series extends cold extract to ready to drink products. It is reported that these two ready to drink series were innovated and developed by Starbucks China team, which further expanded Starbucks’ instant coffee business in China.

 

Starbucks “good food” series new (company news)

 

On August 25, Starbucks continued the “good food” campaign launched by this year’s “Earth Day” and launched four series of plant diet products based on Chinese consumers’ taste preference, including the first plant based star ice drink innovated and developed by Starbucks in China, and three kinds of plant meat food.

Small pot tea releases new products of color can (company news, snack)

 

Today, the small tea cans officially released the C cans of the small cans through its official WeChat official account. Snack agents noticed that the series of new products have been listed in tmall flagship store, and the current price of six products is 79 yuan / 5 cans.

Official flagship store of Hennessy tmall officially opened (company news)

 

On August 21, Hennessy Hennessy’s official flagship store officially opened. Wu Pengkai, President of MOET Hennessy Diageo China, said that relying on tmall’s big data, it will have an in-depth insight into the young consumer groups, innovate and open up the night snack drinking scene, and present the 2020 Hennessy tmall super product day through the interactive form of offline shop exploration and online live broadcast. According to the latest data released by tmall global, young people have become the new force of foreign wine consumption. Nearly half of the 18-29 year-old people on the platform of tmall global will choose to buy foreign wine.

Quick reading of food industry information

 

 

Shanghai municipal regulatory bureau reminds people to eat less “fake whole wheat bread”, only 5 of 13 products meet the “true whole wheat” standard (Beijing News)


According to the Beijing News reported today, recently, the official account of WeChat public of Shanghai Market Supervision Bureau issued an article to remind “fake wholemeal bread” to eat less. According to this information, the Beijing News reporter conducted a survey on 13 bread products with nominal “whole wheat” sold on the market, and found that only 5 products met the “true whole wheat” standard described by Shanghai market supervision bureau.

 

This situation is also related to the lack of specific implementation standards for whole wheat bread. Although China baking food and sugar products industry association and other units launched the recommended group standard of whole grain baked food at the end of 2018, referring to international standards to regulate the content and labeling of whole grain, few enterprises have implemented it because it is a non mandatory standard.

A total of 150000 convenience stores will be closed nationwide in 2019 (first financial weekly)


According to the first financial weekly yesterday, compared with 2019, 150000 convenience stores have been closed across the country, and the number of convenience stores in more than 80% of cities is decreasing. In the top 20 cities of convenience store index, there are some new second tier cities, while the first tier cities have a certain extent of decline. In the report on the development of China’s convenience stores in 2020, the China Chain Store Association pointed out that although the scale of the convenience store industry has continued to grow in recent years, from the overall number of brand convenience stores last year, the growth rate of stores has slowed down for the first time since 2015.

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