China Food

Qingpi group was approved to purchase Nestle’s drinking water in China, while Feihe was negligent in purchasing the original ecology. Ruixing caused a loss of 500 million yuan to LVDF. Wang Laoji invested 750 million yuan to build a plant. Meituan will build a new Shanghai headquarters base

Hot company information and announcement

 

Qingpi group’s acquisition of Nestle’s drinking water in China was approved unconditionally (State Administration of market supervision)

According to the State Administration of market supervision, Qingdao beer Youjia health drink Co., Ltd. acquired shares of three companies including Shanghai Nestle drinking water Co., Ltd., which was concluded on September 21, and obtained unconditional approval for concentration of business operators. In this case, Qingdao beer Youjia health drink Co., Ltd., Shanghai Nestle drinking water Co., Ltd., Tianjin Nestle natural mineral water Co., Ltd., and Yunnan Dashan Beverage Co., Ltd. are all operators participating in the concentration.

Nestle accelerates innovation in dairy products and plant based dairy substitutes (company news)

 

Today, Nestle launched a new R & D accelerator to accelerate innovation and marketing of sustainable dairy products and plant-based dairy substitutes. The accelerator program provides a platform for start-ups, students and scientists to quickly commercialize products from the creative stage, using Nestle’s unique expertise in dairy products and plant proteins. It is reported that the R & D accelerator is located in Nestle R & D center in Konolfingen, Switzerland, which is also Nestle’s largest R & D Center for dairy products and plant-based dairy products. “Innovation in dairy products and plant-based dairy substitutes is at the heart of Nestle’s product portfolio strategy,” Nestle chief executive mark Schneider said at the launch ceremony. “

 

Nestle CEO says the epidemic has increased demand for plant-based food (Reuters)

Nestle’s official said on Monday that demand for plant-based food increased during the outbreak as consumers sought more healthy diets and meat supplies in some factories were hit, Reuters reported. Nestle said it would launch a new vegetal based milk drink Nesquik and a new vegetarian burger in the next few days. Mark Schneider, Nestle’s chief executive, said of North American meat supply chain issues: “interest in plant-based alternatives has been on the rise for a variety of reasons. “Last year, Nestle’s vegetable based food sales reached 200 million Swiss francs, and the growth rate in the first half of this year is still as high as 40%.

Investment of 750 million to build the largest flagship herbal tea factory

On September 29, the construction land of Wanglaoji dahuikang South will reach 196. Two canned production lines will be built in the base. Advanced technology and equipment will be used to realize automatic production. At that time, the total annual output of the base is expected to reach 18 million TEUs, and the annual production base will be equipped with Wang Laoji General Institute of health research, which will undertake the technical innovation of herbal tea production base


 

Lucerne’s share price fell and Louis Dafu lost $74 million in profits in the first half of the year (Reuters)

 

LCD, one of the world’s top four grain producers, said its net profit in the first half of the year rose to $126 million from $71 million in the same period last year because it adjusted to price fluctuations and changes in food demand during the epidemic, foreign media reported yesterday. However, the group lost $74 million (now about RMB 505 million) in profits in the first half of the year due to the decline in the fair value of its shares in lucky coffee.

Yili shares, a shareholder of Chuan Youran animal husbandry Co., Ltd., responded by saying “no comment” (Beijing News)

According to Beijing news today, Yili shares, the company’s shareholder, responded that “no comment” was made on the news that Youran animal husbandry was conducting a new round of private financing and would start listing in Hong Kong.

 

The original ecological animal husbandry has been extended by China flying crane (company announcement)

 

After China flying crane announced that it planned to purchase the original ecological animal husbandry with a total investment of about HK $3 billion, the former ecological animal husbandry announced yesterday that due to the negligence of the offeror, namely China flying crane, the offer must be approved by China’s anti-monopoly. This matter was not brought to the attention of the executive before the announcement of rule 3.5, and the requirement was not disclosed in the announcement of rule 3.5. The offeror is currently preparing the antitrust declaration documents. The executive said they would investigate the matter and would not comment at this stage and reserve the right to take appropriate action on the matter. Extension of the original implementation date of the application to or before December 2020.

 

The list of China’s top 500 enterprises in 2020 is announced, and 15 food enterprises are on the list (food partner network)

 

Yesterday, the China Federation of enterprises and the China Entrepreneur Association announced the list of China’s top 500 enterprises in 2020, of which 15 food enterprises were on the list: COFCO Group Co., Ltd., Wanzhou International Co., Ltd., New Hope Group Co., Ltd., Guangming Food (Group) Co., Ltd., Beijing shounong Food Group Co., Ltd., Heilongjiang Beidahuang agricultural reclamation Group Co., Ltd., and Sichuan Province Yibin Wuliangye Group Co., Ltd., Inner Mongolia Yili Industrial Group Co., Ltd., Guizhou Maotai Liquor Co., Ltd., Wenshi Food Group Co., Ltd., Daohuaxiang group, Luzhou Laojiao Group Co., Ltd., Sanhe HuiFu grain and Oil Group Co., Ltd., Weiwei Group Co., Ltd.

Fonterra dairy has reduced its holding of 10.225 million shares of bein Mei (China economic network)

 

Last night, Bain Mae announced that it had recently received a notification letter from Fonterra dairy (Hong Kong) Co., Ltd. (hereinafter referred to as “Fonterra Dairy”) with a shareholding of more than 5%. Fonterra Dairy Co., Ltd. reduced 10.252 million shares of the company’s shares from September 22, 2020 to September 28, 2020 through centralized bidding and block trading, accounting for 1.00% of the company’s total share capital %。 After this change, Fonterra dairy holds 79.9501 million shares, accounting for 7.82% of the total equity.

 

IPO roadshow of Panda Dairy: expected net profit of parent company in the first three quarters of 2020 will exceed 40 million yuan (China Industrial Economic Information Network)

 

Yesterday, Panda Dairy (300898. SZ), whose main business is concentrated dairy products, conducted an online roadshow. The company estimates that from January to September 2020, the company’s operating revenue will be 401 million yuan to 443 million yuan, with a change of – 1.86% to 8.47% compared with the same period last year; the net profit attributable to the parent company will be RMB 40484500 yuan to RMB 44328600 yuan, with a year-on-year increase of 1.09% to 10.69%.

 

Hungry? The first “bean Festival” goes online (Xinhua)

 

On September 28th, hungry man announced the launch of the first bean eating carnival, the “bean Festival”. It is reported that this is the first member based marketing festival since the upgrade of the membership system in July this year. The most popular products of Starbucks, Lele tea and bang John can be obtained free of charge by using the “eat goods beans” points. The person in charge of the user operation said that the upgrade of the membership system and the introduction of the “pea points” system is aimed at lowering the welfare threshold and attracting more young users.

 

New hope first set up executive chairman to promote pig raising strategy, with President Zhang Minggui serving concurrently (Daily Economic News)

 

According to the daily economic news today, after Zhang Minggui, the former president of new hope real estate, was successively appointed as the president and director of new hope, new hope announced again last night that the board of directors elected Zhang Minggui as the executive chairman of the eighth board of directors of the company. According to the report, this is the first time that new hope set up the post of “executive chairman” after listing. As for the above-mentioned measures, the company said that it was aimed at more firmly promoting the implementation of various business strategies such as “bigger pig raising”, strengthen the integration of internal and external resources of the company, further optimize the operation mode of the board of directors of the company, and enhance the core competitiveness of the company.

 

Zhang Shuping becomes new chairman of shede liquor (company announcement)

 

Yesterday, shede announced that according to the board meeting, the board of directors elected Zhang Shuping as the chairman of the company and Pu Jizhou as the vice chairman for a three-year term.

 

Yili, liangpin shop, etc. join China Food Science and technology innovation society (company news)

 

Recently, the China food TechHub, which was founded by bitsxbites in 2019, announced that. A number of new members of enterprises, including Yili Group, liangpin shop, Aak (Nordic special vegetable oil group), CGC Kangdi Asia (feed food giant) and Buhler group (multinational enterprise of Swiss food processing equipment), joined the alliance. Up to now, 22 large food and agricultural companies have joined China Food Science and technology innovation society. In early 2020, new members include Nestle, Ajinomoto and blu1877, a venture capital fund under Barilla, an Italian food giant. The alliance aims to promote cooperation between start-ups and large companies.

 

Hennessy, Hennessy’s first concept bar in the world, landed in Shanghai (company news)

 

Recently, Hennessy, Hennessy’s first concept bar in the world, has been settled on the 18th Bund in Shanghai. It is reported that blends is now open to booking, booking seats, signing up for theme activities, and purchasing a full range of Hennessy products as well as a number of special edition products through the exclusive small program.

 

Plant milk brand “wheat Oye” completed ten million level Angel round financing (36 krypton)

 

According to 36 krypton today, the local oat milk brand “wheat Ouye” completed the ten million level Angel round financing of Yuanjing capital in September. According to Wang Xin, the co-founder, wheat Oye is not only aimed at the single category of oats, but also targeted at plant drinks. In addition to oats, other plant protein drinks, such as almonds, rice and soybean milk, are in the long-term planning of the products.

 

Meat substitute brand meatless farm gets $31 million in new financing (Foodbev)

 

Meatless farm, a British meat substitute brand, has received $31 million in new financing, foreign media reported yesterday. It plans to use the fund to further expand its brand in the existing market, enter new regions, expand its product line and further develop its production business in Canada. Meatless farm launched its first batch of products in 2018 and is now sold in all four major supermarket chains in the UK, whole foods in the US and other countries.

Starbucks opens Coffee Culture Festival 2020 (company news)

Today, Starbucks announced the launch of the annual Starbucks Coffee Culture Festival. In 2020, with the theme of “heart gathering”, Starbucks will open coffee classrooms in stores by Star Coffee masters from all over the country. At the same time, four types of coffee drinks have been introduced.

Z natural foods, a health food specialty, launched a new product of vegetable based organic meal substitute milkshake (Foodbev)

 

According to foreign media reports recently, Z natural foods, a health food specialty store in the United States, has announced the launch of a new product, optim 30 complete nutrition blend. According to reports, the meal substitute is selling on 30 organic “super foods”, including vegetal proteins, “super fruit” berries and healthy fats such as coconut milk.

 

Grain merchant ADM expands protein product portfolio, adding wheat and pea protein (Foodbev)

 

According to foreign media reports recently, ADM, one of the world’s four largest grain producers, has expanded its protein product portfolio by adding wheat and pea ingredients, claiming that it can improve the texture and density of meat substitutes. The “high function” protein solution is said to help give meat substitutes the meat like texture consumers love.

 


Quick reading of food industry information

 


Shanghai signed contract with meituan review group today (released in Shanghai)

Shanghai Municipal People’s government signed a strategic cooperation framework agreement with meituan review group today. Li Qiang, Secretary of the municipal Party committee, met with Wang Xing, founder, chairman and CEO of meituan review group. Gong Zheng, deputy secretary of the municipal Party committee and mayor, attended the signing ceremony. According to the framework agreement, the two sides will give full play to the advantages of Shanghai’s complete information infrastructure, rich application scenarios and massive data collection, and strengthen cooperation on major projects in the fields of smart transportation, digital business district and industry digital transformation. Meituan review group will build a new Shanghai headquarters base, accelerate the R & D and integration of new generation information technology such as artificial intelligence, and actively lay out innovative businesses such as cultural tourism, mobile travel and financial technology.

Shenzhen seized nearly 2000 boxes of counterfeit famous brand moon cakes (Shenzhen market supervision)

 

According to recent news from Shenzhen market supervision, on September 11, Shenzhen municipal market supervision and Administration Bureau and Longhua Public Security Bureau launched a joint law enforcement action against the moon cake sales outlets in Shangtang community, Longhua District. Nearly 2000 boxes of counterfeit moon cakes were found in the operation, such as anx, rongx, Guangx restaurant and meix. The prices of these counterfeit mooncakes ranged from 60 to 75 yuan per box, far below the market price. At present, law enforcement officers are carrying out further investigation on the source and direction of moon cakes, and have locked in the information of upstream wholesalers of moon cakes.

 

Two public officials suspended from their posts in Fuyang, Anhui Province

 

Recently, the network said that “Yingdong District yanglouzi Town Central Primary school students will dump the nutrition meal.”. On September 28, the Education Bureau of Yingdong District, Fuyang City, responded that the information reported online was true. Yingdong Education Bureau said that the information on the Internet reflected the situation of the school’s lunch on September 25. The main reason was that the school’s implementation of nutrition meal management regulations was not strict enough, and the meals and portions on that day did not fully consider the personalized needs of students. On the afternoon of September 28, according to the investigation of the joint investigation group, the Party group of the District Education Bureau instructed the main responsible persons of the central school and the Central Primary School of yanglouzi town to make a deep inspection, and suspended the two public servants who were directly responsible for the Central Primary School.

 

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