China Food

CCTV announced that the NBA will be broadcast again, Danone will no longer hold Yakult shares, Yanjing Beer chairman was put on file for investigation, Ferrero bought Fox’s biscuits, and jinmailang built Asia’s largest noodle base

Hot company information and announcement



Yesterday, Yanjing Brewery announced that Zhao Xiaodong, the chairman and general manager of the company, could not perform his duties normally because he was suspected of illegal duties by the relevant departments and took lien measures. According to data, Zhao Xiaodong was elected chairman of the new board of directors on September 16. According to the announcement, the company’s work is temporarily presided over by Xie Guangjun, vice chairman and executive deputy general manager, and all business activities are carried out normally.  

The daily economic news pointed out today that for Yanjing Beer, the company’s chairman was investigated very suddenly. Not long ago, on the evening of September 19, Zhao Xiaodong also made a public speech at the 29th Beijing International Yanjing Beer Culture Festival, setting the theme keynote of Internet features and live delivery of goods for the festival. Two days before the opening of the beer culture festival, Zhao Xiaodong also presided over the company’s interim shareholders’ meeting, and successfully re elected the position of non independent director and chairman of Yanjing beer. Zhao Xiaodong, who is now the chairman of the board of directors, has grown up in Yanjing Beer system. In 2002, at the age of 29, he was already the deputy general manager of a listed company. After that, he was promoted all the way until he formally took over the old chairman Li Fucheng three years ago.

Jinmailang noodle Heyuan factory is expected to be put into operation in December and will become the largest flour production base in Asia (Heyuan national high tech Zone)

According to Heyuan national high tech Zone yesterday, the first phase of jinmailang noodle (Heyuan) project has been basically completed. The group’s base in Heyuan has two projects of noodle and beverage, with a total investment of 1.35 billion yuan, covering an area of 200000 square meters, a noodle base of 98000 square meters and a beverage base of 102000 square meters. Jinmailang noodle (Heyuan) Co., Ltd. has officially started construction in April this year, and is expected to put into production in December. The project is expected to arrange 12 automatic production lines, which will become the largest flour production base in Asia. In addition, the construction of the beverage project will start in early November this year and is expected to be put into operation in August next year. After the jinmailang (Heyuan) project is fully put into operation, it is estimated that the output value will exceed 1.5 billion yuan and the tax will be more than 100 million yuan. It will become the flagship base of jinmailang group in South China.


According to the Department of agriculture and rural areas of Henan Province, the people’s Government of Lankao County, Henan Province, has recently gathered in Zhengzhou with Mengniu Dairy Group and Huahuaniu dairy group to sign a strategic cooperation agreement in Henan Province’s agricultural and rural department. The three parties will jointly promote the construction of 200000 dairy cattle breeding base in Henan Province. According to reports, Huahuaniu dairy group is the largest dairy enterprise developed in Henan Province. It is one of China’s top 20 dairy enterprises (D20), with 13 milk source bases and more than 30000 dairy cows on hand.


Hohhot allocated 720 million yuan for the construction of “Yili modern wisdom health Valley” (Hohhot daily)

According to Hohhot daily, in order to make every effort to promote the “Yili modern wisdom and health Valley” project and speed up the project, the Municipal Finance Bureau raised construction funds by winning general bond project funds, applying for special treasury bonds, and making overall plans to revitalize financial and administrative funds. As of the end of September, 720 million yuan had been allocated to “Yili modern” “Smart health Valley” project construction.

JUNLEBAO executive: China’s milk powder is too expensive (AI financial service)

Today, Liu Senmiao, vice president of JUNLEBAO dairy industry, told an industry forum that the price of milk powder in China is too expensive, but it is sold cheap, so consumers dare not buy it. This is in line with the view of Leng Youbin, chairman of Feihe, who also expressed in an interview that “the price of flying crane milk powder converted into kilogram is the most expensive in the world, and there are products below 200 yuan, but consumers do not buy it.” What Liu Senmiao make complaints about is that milk powder prices are not reasonable enough in China. We all do this industry. The cost of dozens of dollars is sold to four hundred or five hundred or five hundred or six hundred, and some people buy it. What is the reason? Everybody knows it. “

Danone announced sale of all Yakult shares (Reuters)


Recently, Danone announced the completion of the sale of its remaining holdings

Nestle to invest $450 million to build a new pet food factory in the United States (company news)

Recently, Nestle prina announced a US $450 million investment to open a new plant in Eden, North Carolina. The plant will join the network of 21 existing production bases in the United States and will be put into operation in 2022. The expansion is part of prina’s broader growth plan, which plans to employ more than 300 employees in its new plant by 2024.

Ferrero associates acquire Fox’s brand and retailer’s own brand biscuit business (company news)


Ferrero associates announced today that they had signed a final agreement to acquire Fox’s brand and retailer’s own brand biscuits business. Sales of the business in the past 12 months amounted to about GBP 157 million. As part of the deal, Ferrero’s affiliate will take over two production plants in Kirkham and Batley. Following the previous acquisition of delacre and Kelsen group, Ferrero’s affiliated companies hope to further expand their distribution in the fine biscuit category through this transaction.

Carlsberg Marston joint venture approved (company news)


According to foreign media, Carlsberg UK and Marston intend to establish a joint venture, Carlsberg Marston brewery, which has been approved by the UK competition and market authority. The deal is expected to close around the end of October.

I really want to know that your shareholder reduction plan is over half of the time (company announcement)

According to your announcement, the company has received the notification letter on more than half of the share reduction period submitted by Hangzhou Haohong. As of the date of this announcement, the reduction time of Hangzhou Haohong’s pre disclosed reduction plan has been more than half. From July 3, 2020 to August 19, 2020, Hangzhou Haohong, the shareholder of the company, reduced 5.16 million shares of the company at a price of 13.36 yuan per share, accounting for 0.99999% of the total shares of the company. The time of this reduction plan is over half.

Wynn’s net profit in the first three quarters is expected to increase by more than 30% year on year (company announcement)

Today, Wen’s company announced its performance forecast for the first three quarters of 2020, with a net profit of 8.1-8.4 billion yuan, up 33.11% – 38.04% year-on-year. Affected by the tight supply of pork market in China, the price of pig increased significantly compared with the same period of last year, the profit of pig raising business increased significantly year on year, and the performance of poultry business decreased year on year.

7-11 the parent company’s net profit plummeted by 34% in the first half of fiscal year (Sina Finance and Economics)

Seven & I holdings, the parent company of 7-11, Japan’s largest convenience store chain, said yesterday that net profit in the first half of the fiscal year to the end of August fell by 34% year-on-year, partly due to the weakness of convenience store business in Japan. The company’s net profit in the first half of the fiscal year fell to 72.52 billion yen (about $684 million) from 110.65 billion yen in the same period of the previous year. Revenue fell 16% to 2.788 trillion yen. The company said its first half operating profit rose 3.8% in its international business, but its domestic business fell 12%.

IPO of Guangdong Zhenmei Food Co., Ltd. has been accepted (Shenzhen Stock Exchange)

According to the official website of Shenzhen Stock Exchange, the listing application of Guangdong Zhenmei Food Co., Ltd. was accepted on September 30. The company’s main business for meat leisure food research and development, production and sales, the main products for meat jerky, meatballs and other leisure food. The company’s operating revenues in 2018, 2019 and January March 2020 are 259 million yuan, 255 million yuan and 9.769 million yuan respectively, and the net profits are 5115.64 million yuan, 42.4029 million yuan and 10.3386 million yuan respectively. The raised funds are mainly used for Shaxi production base construction project, technology research and development, food safety testing center construction project and supplementary working capital project.

McDonald’s China online stores open to celebrate the 30th anniversary of entering the mainland market (company news)

On October 3, “McDonald’s unlimited store” online official surrounding stores were officially launched, hoping to celebrate the 30th anniversary of McDonald’s entering the mainland market with consumers in a relaxed and interesting way. From Oct. 3 to Oct. 4, McDonald’s China meal delivery service, McDonald’s, issued 300000 gift certificates with RMB 100 and RMB 30 discount through wechat app. At present, McDonald’s has more than 3600 restaurants in China, serving more than 1 billion customers and employing more than 180000 employees every year.

Naixue’s tea National Day Mid Autumn Festival holiday

Today, Naixue’s tea released “Naixue big data report”. According to the report, more than 3.4 million cups of tea and 1.6 million soft bags were sold during the long holiday. During the long holiday, the top three sales cities of Naixue were Shenzhen, Shanghai and Wuhan.


Vice president of Xibei: a new brand of frozen dishes will be launched next year (

According to, Jiang Ying, senior vice president of Xibei catering, said that at present, the revenue of head catering enterprises has basically recovered. Xibei’s next goal is to make frozen dishes of the mainstream cuisine. Jiang Ying said, “in July and August, the total revenue of Xibei has returned to the same level of last year, and the proportion of takeaway has increased from 20% to 25%

Fuyi wine group may follow A2 milk to establish close partnership with Chinese enterprises (Aohua Finance Online)

According to Aohua Finance Online reported recently, Fuyi wine group is facing an anti-dumping investigation in China. Tim Ford, the company’s chief executive, is preparing to deal with the investigation in China and will consider how to operate in the Chinese market in the future. Analysts pointed out that the company may consider establishing a canning plant and distribution center in China, and may follow the example of dairy producer A2 milk and establish close partnership with Chinese enterprises.


Yizi opens a cocoa Technology Center (Foodbev) in Indonesia

According to foreign media reports yesterday, Yizi has opened a new advanced cocoa crop science and technology center in pasruan, Indonesia. According to reports, the technology center will focus on Cocoa crop science and technology solutions.

CEO of Nestle drinking water Emena elected chairman of European bottled water Federation (Foodbev)

According to foreign media reports recently, the European bottled water Federation (efbw) has elected Muriel Lienau, chief executive of Nestle drinking water company in Europe, the Middle East and North Africa (Emena), as its chairman in the next two years. Lienau leads the Nestle water business and the Nestle global strategic drinking water business unit in these regions.

Nestle upgrade veggie burger (company news)

With the rapid growth and change of plant-based products, Nestle’s flagship brand garden gourmet sensory burger has upgraded its products launched a few months ago. At the same time, nutri-a is the latest nutrition label. The new product will be available to supermarkets, restaurants and catering service customers, and will be launched in Europe from October. Germany, Switzerland, Austria, Belgium and Spain are some of the earliest countries to be launched.


Nestle launches plant based chocolate beverage in Europe (company news)

Recently, Nestle launched a plant-based Nesquik beverage in Europe to expand the range of dairy substitutes. The new plant based ready to drink drink combines the nutrients of oats and peas with sustainable sources of cocoa, and has a lower sugar content than milk based partner. The plant-based beverage will be launched first in Spain, Portugal and Hungary, and then in other European countries.

Nestle prina launches first recyclable flexible bag for wet grain (company news)

Recently, Felix, a brand of Nestle prina, has launched its first recyclable flexible bag. The new flexible bags simplify the plastic structure to make them recyclable without compromising the function of food grade packaging. The product has been launched as a pilot project in the Netherlands since September 2020.




据外媒近日报道,瑞士咖啡机制造商Schaerer已与中国的商用咖啡机生产商技诺Jetinno建立了独家战略合作伙伴关系,以扩大其在亚洲市场的地位。技诺成立于2013年,专门生产独立式咖啡自动售货机,此次合作的重点是推广和扩展Schaerer的Premium Coffee Corner咖啡即用概念。Schaerer表示,此次合作将使该公司能够满足亚洲市场消费者的特定需求和喜好,并将优化该公司的国际供应链。

Great joy: Chen Zhicheng has resigned as a non-executive director and consultant (company announcement)

Recently, the catering enterprise dahuihuo announced that Chen Zhicheng resigned as a non-executive director and consultant of the company since October 1, because he wanted to spend more time on his personal and business commitment.

Dole appoints Lara ramdin as chief Innovation Officer (company news)

Recently, Dole worldwide packaged foods announced the appointment of Dr. Lara ramdin as chief Innovation Officer to further strengthen the company’s innovation capability and support the “Dole commitment” aimed at increasing the global supply of nutritious food. As a core member of the team, ramdin will be under the direct leadership of Sigismondi, President of dole.


International liquor company Stoli Group appoints Damian McKinney as global CEO (Foodbev)

According to foreign media reports, recently, Stoli group, an international liquor company, announced the appointment of Damian McKinney as the Global CEO. Damian McKinney was previously awarded the Scottish double eared cup Association final member Award for his role in Diageo’s Johnnie Walker brand transformation and service to the Scotch whisky industry.


Next gen, a vegetable based meat start-up, received $2.2 million (Foodbev)

According to foreign media reports recently, next gen, a food technology start-up, was founded in Singapore after raising $2.2 million in seed funding. Since the round of financing, next gen has established its headquarters, leadership team and R & D center in Singapore. The aim is to build this brand here in Europe and expand this brand in China for three years. According to next gen, it aims to launch its consumer brand within the next six months and is also ready to launch a round of financing in 2021 to drive its global expansion, technology and R & D.


Tesco committed to 300% increase in sales of meat substitutes (Foodbev)

Tesco claims to be the first UK retailer to set sales targets for vegetable based meat because it promises to increase sales by 300% by 2025, foreign media reported recently. The goal is based on the benchmark data for 2018 and is tied to a broader commitment to sustainable development developed by its partner, the World Wide Fund for nature (WWF). The company has developed a series of measures to help achieve sales targets. These include introducing and expanding the availability of plant-based meat in all its stores, with products in 20 different categories.

Quick reading of food industry information


National Day Golden Week national retail and catering key monitoring enterprises sales of about 1.6 trillion yuan (Ministry of Commerce)

According to the Ministry of Commerce yesterday, the “National Day” golden week in 2020 coincides with the national day and the Mid Autumn Festival. Under the premise of epidemic prevention and control, various parts of the country have actively organized and carried out rich and colorful activities to promote consumption. The release of consumer demand has accelerated, the market sentiment has continued to rise, and the vitality of the domestic circular environment is strong. According to the Ministry of Commerce monitoring, from October 1 to 8, the sales volume of key monitoring enterprises in retail and catering industry nationwide was about 1.6 trillion yuan, an average daily sales increase of 4.9% compared with last year’s “11” golden week.

Seven departments jointly hold the theme activity of “improving catering quality and curbing food waste” (General Administration of market supervision)

Recently, the food safety office of the State Council, together with the central civilization office and other seven departments, jointly held the theme activity of “improving food and beverage quality and curbing food waste”. Zhang Gong, director of the food safety office of the State Council and the party secretary and director of the market supervision bureau, requested that the relevant system standards should be perfected, the regulatory responsibilities of the government regulatory departments and industry departments should be effectively implemented, and the “Internet plus bright kitchen stove” should be actively promoted, and the school responsibility system for food safety and the management of the third party platform of the network should be implemented. Catering enterprises should implement the main responsibility, integrate the improvement of food and beverage quality and the prevention of food waste into the whole process, and actively implement the menu marking dish quantity. We should give full play to the role of industry self-discipline, advocate rational and civilized consumption, carry forward good social customs, vigorously publicize the integrity and law-abiding food producers and operators, and expose the bad behaviors of food waste.  


National infant formula milk powder supervision seminar held

Recently, the special food safety supervision department of the General Administration of market supervision held a seminar on the supervision of infant formula milk powder and formula food for special medical purposes in Wuxi City. At the meeting, special training was conducted for the relevant persons in charge of the provincial (municipal, district) market supervision departments and the responsible persons of supporting institutions who are responsible for the inspection of the national infant formula milk powder system this year, and organized discussions and exchanges among all localities on the inspection of infant formula milk powder system. At the meeting, the delegates also discussed the further modification and improvement of the “guidelines for safety supervision and inspection of special food sales” (Trial).

CCTV announces the rebroadcast of NBA (Netease sports)

Today, CCTV announced that NBA will be broadcast again, and the fifth game of the finals will be broadcast on CCTV’s five sports channel at 9:00 a.m. Beijing time.

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