China Food

Chuanyouran animal husbandry will be listed in Hong Kong. Mengniu will set up a fresh dairy products company in Wuhan. Chu’s agriculture plans to list on A-share market. Seven enterprises will be selected into Nestle Henri accelerated camp. Tang’s performance in the first three quarters is expected to increase



Hot company information and announcement

 


Chuan you ran animal husbandry is about to launch its IPO in Hong Kong

According to yesterday’s IPO news, Inner Mongolia Youran animal husbandry Co., Ltd. is currently conducting a new round of private financing, planning to raise $300 million to $400 million. After this round of pre IPO Financing, Youran animal husbandry will start listing in Hong Kong. It is reported that Youran animal husbandry has more than 20 wholly-owned subsidiaries, covering animal husbandry, feed and grass industries. In January this year, secstar announced that Youran animal husbandry has completed the transfer of 44.783% of its shares through an agreement with 79 shareholders including Yang Wenjun, the company’s shareholder, who became the controlling shareholder of secstar.

Ningxia Zhongwei and Yili Group Sign Strategic Cooperation Framework Agreement (Zhongwei daily)

According to Zhongwei daily, the people’s Government of Ningxia Zhongwei city signed a strategic cooperation framework agreement with Inner Mongolia Yili Group Co., Ltd. a few days ago, the two sides reached a consensus on the construction of high-quality milk source base and dairy products processing projects, aiming to cultivate and strengthen the whole dairy industry chain. According to the agreement, the two sides will build large-scale dairy farms, high-quality milk source base, forage base, dairy products processing base, etc. We will strive to increase the number of dairy cows in the city to 150000 by 2025, and increase the average annual yield of dairy cows to 10 tons. The annual output of fresh milk is 750000 tons, and the daily fresh milk is 2200 tons. We will solve more than 5000 jobs. The annual milk output value will exceed 2.8 billion yuan, and the industrial chain output value will reach 10 billion yuan.

7 companies selected by Nestle HENRi@Nestl The second accelerated camp (company news)

Recently, the second issue HENRi@Nestl é Nestle China acceleration camp officially opened in Beijing, and seven start-up companies, including neuni group, chopsticks technology, star station, Xingbang, Youpeng intelligence, zeroth technology and Zhijia information, have officially opened. This activity explores innovative solutions and business practices with start-ups on three themes: new packaging solutions, facing consumers and digital new contacts. It is reported that more than 100 start-ups have applied to join Nestle accelerator this time. Nestle’s Greater China Chairman and Chief Executive Officer Robert Rothschild said he hoped that the start-ups and Nestle’s relevant business units would cooperate in depth during the acceleration period.

Nestle health science will increase localization innovation and R & D (China net)

The first Nestle clinical nutrition Summit Forum, sponsored by Nestle Health Sciences, opened in Beijing on June 26. Gu Xinxin, President of Nestle Health Science Greater China region, said that under the current favorable policy and market situation, the biggest challenge is how to improve the cognition of clinicians and the public on special medical food. This forum is committed to building an international exchange platform, so that more advanced nutrition treatment experience can be popularized in clinical practice, so as to solve the problem of clinicians and nutritionists’ cognition of special medical food Lack of clinical application experience. Li Wenjun, chief medical officer of Nestle Health Sciences in Greater China, said that at present, a number of clinical studies of Nestle health science are being carried out in an orderly manner. In the future, more localized innovation and research and development will be carried out. According to the taste of Chinese people, nutritional diet characteristics and disease needs, the formula with Chinese characteristics will be developed, so that more special medical foods can go to the market.

Lin Dan acts as spokesperson of cilingji to assist in poverty alleviation through consumption (company news)

On September 28, the party and government delegation of Guizhou Province, accompanied by the main leaders of Guangdong Province and Guangzhou City, visited Guangzhou Wanglaoji Health Industry Co., Ltd. of Guangzhou Pharmaceutical Group. The guests also included Zhong Nanshan, the winner of the medal of the Republic of China and academician of the Chinese Academy of engineering, as well as Lin Dan and Xie Xingfang, the world badminton champion couple. On the same day, Lin Dan was invited to become the spokesperson of cilingji brand, which will further enhance the brand influence and communication power of cilingji, expand the consumption market of cilingji, and help the poverty alleviation of consumption. Later, Lin Dan and Li Chuyuan, Secretary of the Party committee and chairman of Guangzhou Pharmaceutical Group, went into the live room to bring goods for cilingji’s live broadcast, and the combination of “lindan miracle drug” detonated the network.

Mengniu establishes Wuhan fresh dairy products Co., Ltd. (Beijing business daily)

According to Beijing business news yesterday, Mengniu fresh dairy products Wuhan Co., Ltd. was established recently. The company’s legal representative is Liu Xuan, with a registered capital of 70 million yuan. It is 100% controlled by Inner Mongolia Mengniu Dairy (Group) Co., Ltd. its business scope includes the manufacturing of food, dairy products, candy products, beverages (including milk drinks and vegetable protein drinks), wholesale and retail of other dairy products (cream), food and beverage.

Mengniu Group signed strategic cooperation agreement with Zhangye municipal government of Gansu Province (financial sector)

Yesterday, the people’s Government of Ganzhou District of Zhangye City signed a strategic cooperation agreement with Mengniu Group and other enterprises. All parties will work together to carry out in-depth cooperation through supporting dairy policies, grass planting and sales, pasture construction, fresh milk purchase and sales, and dairy products processing.

More than 700 million convertible bonds issued by new dairy industry approved (SFC)

The CSRC’s official website yesterday announced the results of the 143rd meeting of the 18th IEC in 2020, indicating that new hope Dairy Co., Ltd. (convertible bonds) was approved. According to the information previously disclosed by the new dairy industry, it plans to issue 7.18 million convertible bonds at the face value of 100 yuan, and raise 718 million yuan. After deducting the issuance expenses, it will invest all of them in the project of acquiring 40% equity of Huanmei dairy and supplementing the working capital. The latter is a leading dairy enterprise in Northwest China.

Tang’s performance in the first three quarters of this year increased by 5% – 25% (company announcement)

Today, Mr. Tang announced the expected performance of the first three quarters of 2020 and the expected performance of the third quarter. It is estimated that the net profit attributable to shareholders of listed companies will increase by 5% – 25% from January 1 to September 30 this year, with a profit of about 1.250 billion yuan-1.488 billion yuan. In the third quarter of this year, it is estimated that the net profit of shareholders of listed companies will increase by 20% – 40% year-on-year, and the profit will be about 38890 million yuan-45372 million yuan. Novel coronavirus pneumonia outbreak occurred in the first quarter due to the outbreak of the new coronavirus pneumonia. The distributors, suppliers and retailers were all affected by different degrees, resulting in the failure of the company’s production, marketing and sales activities to be carried out normally and the impact on the company’s operation. Since the second quarter, as the epidemic situation has been effectively controlled, the company has gradually resumed a series of terminal dynamic sales and brand promotion activities. After the revenue growth in the second quarter, the revenue and performance in the third quarter have achieved rapid growth.

Yum China strengthens its digital layout and upgrading in Shaanxi (Chinanet)

Yesterday, as the senior international economic adviser of Shaanxi provincial government, Joey Wat, CEO of Yum! China, was invited to participate in the activities of Shaanxi provincial government’s senior international economic adviser delegation yesterday, and exchanged views on the implementation progress of Yum China’s special proposal for digital upgrading of Shaanxi’s service industry in the past year and the planning of future cooperation projects. According to reports, in the first half of 2020, yum China has withstood the test of the epidemic situation with its digital capability, maintained profitability and expansion, and completed its second listing on the Hong Kong stock exchange against the market, becoming the first non-tech enterprise to be listed in Hong Kong as an “innovative industry”. In addition, in April this year, yum! China’s “National Restaurant technical support center” settled in Xi’an high tech Zone, and built campus practice bases in many colleges and universities; introduced small town style restaurants into Shaanxi to stimulate local consumption; launched innovative KFC “public park delivery” project in Duyi Heritage Park within the year, and added new business models under different consumption scenarios.

General manager of Chu’s Agriculture: target a shares listed directly (surging News)

On the 26th, the product presentation meeting of Yunnan Chushi agricultural Co., Ltd., the main operator of “Chu orange”, was held in Kunming, Yunnan Province. Chu Yibin, the only son of Chu Shijian, the founder of Chu orange, and Chu Yibin, the general manager of Chu’s agriculture, first mentioned the idea of listing in public. However, this year, due to the epidemic situation, the listing time was postponed by one year (previously, it was set to be listed within six years in 2018). Chu Yibin said that the purpose of doing so is to directly list A-shares on the basis that some objective conditions and restrictions on the planting industry can be solved in the future. For the current listing progress, he revealed that four counseling institutions have been in the company for more than half a year. According to the standard listing process, strict audit has been carried out, and the preliminary work has been straightened out in August this year.

Release of pledge of some shares of controlling shareholder of beingmei (company announcement)

Beingmei announced yesterday that it has recently received a notice from the controlling shareholder, Bain Mei Group Co., Ltd., which has handled the release of the pledge of some shares held by Bain Mei Co., Ltd. The number of shares released this time is 9.41 million, accounting for 3.39% of its shares and 0.92% of the company’s share capital. As of the disclosure date of the announcement, the number of shares held by beingmei group was 277452890, with the shareholding ratio of 27.13%; the accumulated pledge of 253650000 shares, accounting for 91.42% of its shares and 24.81% of the total share capital of the company.

Baby room is expected to provide a guarantee of no more than 1.5 billion yuan for the wholly-owned subsidiary (company announcement)

The baby room announced yesterday that the 18th meeting of the third board of directors and the 2019 annual general meeting of shareholders approved the company to provide a total amount of no more than 1.5 billion yuan for Shanghai Liyong and Zhejiang baby room in 2020. As of the date of this announcement, the total amount of guarantee provided by the company to the wholly-owned subsidiary is RMB 280 million.

One batch of infant formula milk powder product formula registration approval document (decision) to be received information announcement (State Drug Administration)

Yesterday, the State Drug Administration announced the pending information of the approval document (decision letter) for the registration of Abbott’s elder infant formula milk powder (6-12 months old, 2-stage). The applicant is Abbott Laboratories S.A.

One batch of special medical purpose formula food approval document (decision) to be received information announcement (State Drug Administration)

 

Yesterday, the State Drug Administration announced the approval document (decision) of jiashanneng special medical purpose full nutrition formula food to be received. The applicant is Kunyu health pharmaceutical Jiangsu Co., Ltd.

Aoyou selected as “national green supply chain management demonstration enterprise” (company news)

Recently, the Ministry of industry and information technology of the people’s Republic of China announced the fifth batch of green manufacturing list, and Aoyou was selected as the “national green supply chain management demonstration enterprise”. This is also after winning the “national green factory” award in 2018, Aoyou once again won the national “green manufacturing list”.

Xiangpiao applied for the trademark of beer and beverage (CFA)

A reporter from the Financial Association recently learned from Tianyan that Xiangpiao has applied for several related trademarks of “Xiangpiao mogito” and “Xiangpiao rum”. The international classification of trademarks includes beer and beverage, convenience food, etc., and the current status is “under application”.

Xiangzhou Panpan food production base project officially started

 

On the morning of the 26th, the Panpan food intensive processing and production base project with a total investment of 2 billion yuan was started in Shuanggou Town, Xiangzhou District, Xiangyang City, Hubei Province. The project was officially signed on August 18 this year. Cai Jinlong, chairman of Panpan food group, said that as the first and only Hubei production base of full range products in Central China. It is understood that Panpan food production base mainly produces baking food, leisure puffing, nuts and other healthy leisure food and beverage series products. After the completion of the project, 150000 tons of agricultural and sideline products can be processed annually, 50000 tons of leisure food and 260000 tons of drinks can be produced annually, and the number of workers is about 1500.  

Fangyishang company, the largest Shanzhai of “master Bao”, lost the second trial, and the two trademarks were ruled invalid (Beijing News)

 

According to the Beijing news today, Beijing Higher People’s court has ruled in the second instance on the case of Beijing Yishang Catering Management Co., Ltd. (hereinafter referred to as “Yishang company”) V. The State Intellectual Property Office, and e-shang lost the lawsuit, which means that the trademark of “master Bao” registered and used in class 32 and class 43 will remain invalid. Bao Caisheng, chairman and general manager of Beijing baocaisheng Catering Management Co., Ltd. (hereinafter referred to as “baocaisheng company”), told the Beijing News reporter that the company received the above-mentioned administrative judgment issued by Beijing Higher People’s Court on September 27.

Nestle, beyond meat and oatly formed an alliance calling for European legislation to promote green queen diet

The European vegetable food Union (EAPF) has called on EU leaders to make plant-based food the core of food systems and plans for sustainable development. Earlier this year, the European Union presented its remarkable 10-year plan to address biodiversity loss and build a more sustainable and crisis resilient food system. EAPF calls on legislators to provide consumers with more choices, diversify their diets to healthy, environmentally friendly and ethical foods, increase investment in research and innovation in new plant-based and sustainable foods, and encourage farmers to restore their business models by transitioning to plant-based crop production. The founding members of EAPF include Nestle, beyond meat, heura (Barcelona plant meat start-up), oatly, a Swedish oat milk manufacturer.

CICC’s IPO approved, sponsor lucky coffee attracted attention

According to yesterday’s news, the CSRC has approved the initial application of China International Finance Co., Ltd. (hereinafter referred to as CICC). However, the development and review committee of the Securities Regulatory Commission (CSRC) has asked CICC to bear joint and several liability for compensation in the lawsuits filed by the investors such as Ruixing coffee. The latter needs to explain whether there are major defects in its quality control, whether the relevant internal control system is sound and effective, and the possibility that CICC and its subsidiaries will continue to bear the liability in the litigation related events such as Ruixing coffee Whether the basis and sufficiency of “small risk of compensation liability”, and whether it has a significant adverse impact on its investment banking business and sustainable operation. However, CICC did not take a positive position on the matter, but said in the prospectus that “it will continue to pay close attention to the progress of the event, evaluate and actively respond to the possible impact of the event on the group”.

COFCO cereal beer and wheat management department won two awards of “world beer Grand Prix” (company news)

According to yesterday’s information on COFCO’s official website, two fine brewed beers, the morning of malt plant and the fog of forest, submitted to the world beer Grand Prix by the management department of COFCO, won the world class bronze award of IPA subclass special IPA and the national champion of Belgium wheat of wheat beer sub category respectively.


Quick reading of food industry information

 


Consumer Association reminds: stay away from “three no” moon cakes and be alert to “function” mooncakes (Xinhua)

According to Xinhua news today, the national day, the Mid Autumn Festival “double festival” is approaching, the moon cake consumer market is gradually warming up. Consumers’ Association of Qinghai Province suggests that consumers should not buy and eat “three noes” moon cakes, and be alert to “functional” moon cakes that are over packaged and publicized.

In the first eight months, Korean instant noodle exports exceeded 400 million US dollars, accounting for a quarter of China’s exports (Sina Finance and Economics)

South Korea exported US $405.4 million of instant noodles from January to August this year, an increase of 36.7% over the same period last year, according to South Korea’s agriculture, fisheries and food circulation commune (at) and agricultural food export information service platform (Kati) on Sunday. China is the largest exporter of Korean instant noodles. In the first eight months of this year, the export volume to China reached 105.8 million US dollars, an increase of 44.9% over the same period last year.

The State Council issued opinions on promoting the high quality development of animal husbandry and improving the forage supply system (Securities Times website)

The general office of the State Council recently issued opinions on promoting the high-quality development of animal husbandry. It is mentioned that we should improve the forage supply system. In order to improve the self-sufficiency rate of alfalfa, oat grass and other scarce forage grass, we should carry out grain reform and feeding according to local conditions, increase silage corn planting, and develop and utilize new forage resources such as hybrid Broussonetia papyrifera and fodder mulberry. We should promote the specialized production of forage and strengthen the construction of forage processing, circulation and distribution system. Promote the efficient utilization of straw and other non grain feed resources. Establish and improve the nutritional value database of feed raw materials, and comprehensively promote the precise formula and fine processing technology of feed.

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