China Food

Ruixing coffee made up 123 million orders. The former head of Shanghai Office of jiaduobao Kunlun Mountain was sentenced for six years. CEO of Fonterra wrote to the Prime Minister of New Zealand. Yili will invest 30 billion to support upstream



Hot company information and announcement

 


Xu Zeng, former head of the Shanghai Office of jiaduobao Kunlunshan, was sentenced for six years after reimbursement of more than 3.7 million

According to today’s news, a reporter inquired about China’s judicial documents website and found that Han Yanmei, the former head of Shanghai region of jiaduobao Kunlun Mountain, was sentenced to six years’ imprisonment for the crime of occupation. From September 2013 to March 2018, Han Yanmei, taking advantage of the above-mentioned job convenience, falsely applied for reimbursement of more than 12000 boxes of Kunlun Mountain mineral water and 40000 boxes of jiaduobao herbal tea to jiaduobao by faking the signature of the consignee of China Southern Airlines and filling in the false payment certificate, with a total value of more than 3.73 million RMB yuan. Later, Han Yanmei used the gifts from the above-mentioned false increase reimbursement to fill personal debts or sell them for profit.


Ruixing company fined 2 million yuan by the State Administration of market supervision(

Today, the General Administration of Market Supervision issued the administrative punishment decision on unfair competition cases of five companies including Ruixing coffee (China) Co., Ltd. According to the decision, from April to December 2019, with the help of a number of third-party companies, the parties and Ruixing Beijing company, with the help of a number of third-party companies, falsely increased their income and accumulated false coffee card orders by means of carrying out false transactions, forging bank statements, establishing false databases, and forging card and voucher consumption records 123 million.


At the same time, the parties and Ruixing Beijing company carried out false transactions with a number of third-party companies, increasing costs and expenses by fabricating raw material procurement, delivery and distribution business, increasing labor outsourcing business and advertising business, and balancing the performance and profit data. Through the continuous circulation of funds, the company realized a substantial virtual increase in business income, and finally formed attractive false performance, which deceived and misled consumers and the relevant public.


Accordingly, the General Administration of market supervision has decided to impose administrative penalties on Ruixing coffee (China) Co., Ltd. as follows: a fine of RMB 2 million only. If the party concerned is not satisfied with the above-mentioned decision on administrative penalty, he / she may apply to the State Administration of market supervision and Administration for administrative reconsideration within 60 days from the date of receiving the decision on administrative penalty; or, within six months from the date of receiving the decision on administrative penalty, file an administrative lawsuit with the first intermediate people’s Court of Beijing according to law.



CEO of Fonterra and others write to the Prime Minister of New Zealand


According to New Zealand media today, the CEO of Fonterra, miles Hurrell, the Meat Association of New Zealand, the Export Bureau of New Zealand, the food and non-staple food association of New Zealand and other organizations jointly wrote a letter to the Prime Minister of the country, with a copy to the Deputy Prime Minister Peters, urging the New Zealand government not to let its relationship with the largest export market deteriorate. However, the article points out that in 2019, more than half of China’s dairy industry imports come from New Zealand, which means that China has “not much choice” in filling the dairy vacancy.


Yili will invest 30 billion yuan to support upstream dairy industry in the next five years (company news)


According to the Yili official account, Zhang Jianqiu, executive director of Yili Group, said that in the next 5 years, Erie will invest 30 billion yuan to support the upstream dairy industry, giving priority to support for upstream dairy industry, technical services, support of dairy cows, forage planting support, etc., to promote the development of the whole industry chain and form a joint effort to strengthen the interest link with the upstream agriculture and animal husbandry, and to empower China’s dairy industry. To promote the overall health level of the people.


Mengniu President Lu Minfang puts forward five proposals of “dairy power” (company news)


Today, Mr. Lu Minfang, President of Mengniu, has put forward five proposals on building a “dairy power”. First, we should inherit and give full play to the “anti epidemic spirit” and strive to win the overall victory of the dairy industry’s anti epidemic struggle; second, unswervingly implement the new development concept, further enhance the stability of the supply chain and the competitiveness of the industrial chain, and firmly grasp the “milk bottle” in his own hands; third, to fill the weak points, plug loopholes and strengthen the weak We should continue to tackle key technical problems in key technical fields and eliminate the “neck sticking” problem that restricts the development of China’s dairy industry. Fourth, we should seize the historic opportunity of dairy consumption upgrading after the epidemic and provide higher quality products and services. Fifth, we should scientifically carry out overseas resources, production capacity and market layout to build a more stable and more controllable global industrial chain. Actively participate in international consultation and co construction, so as to win more voice rights for China’s dairy industry in the world.

 

New hope dairy released three year action plan (company news)


Chairman Xi Gang of new hope dairy released the three-year action plan of new hope dairy today: “by 2023, new hope dairy will work with its peers to realize the comprehensive revitalization and modernization of the dairy industry, and the overall level of milk source base, product processing, dairy product quality and industrial competitiveness will enter the world’s advanced ranks.”


New hope expects a net profit of 4.8-5 billion yuan in the first three quarters (company announcement)

According to the announcement of new hope today, it is estimated that the net profit attributable to shareholders of Listed Companies in the first three quarters of 2020 will be 4.8-5 billion yuan, with a year-on-year increase of 56.27% – 62.78%. The main reason for the performance change is that during the reporting period, due to the impact of African swine plague, the domestic pig supply and demand gap was large, and the pig sales price increased significantly compared with the same period of last year; at the same time, the company’s pig sales volume increased significantly, from January to September 2020, the company sold 4.3376 million pigs, an increase of 83.11% over the same period of last year.


Yunnan Dashan drinks response reflection and opinions (open screen News)


According to Kaiping news today, for the reflection and opinions of the former cadres, employees and dealers of Yunnan Shanquan, Yunnan Dashan Beverage Co., Ltd. replied on October 10 that nestle established a joint venture with Dashan in 2010, and wholly acquired Dashan in 2014. We are proud that our team has maintained Dashan’s leading position in this fast-growing market in Yunnan, with excellent water business management and recently launched innovative products. Qingdao beer group sees the great value of Dashan business, and has the ability and corresponding infrastructure to improve Dashan business to a higher level.


It is predicted that Master Kang will resume positive growth in 2020 (Sina Finance and Economics)


According to sina finance and economics news today, Guojun (Hong Kong) raised Master Kang’s share price to buy rating, with a target price of HK $17.10. Instant noodles instant noodles novel coronavirus pneumonia is a new product of the new crown pneumonia epidemic. The bank believes that although the growth rate of instant noodle sales will gradually normalize in the second half of 2020, the new crown pneumonia epidemic situation will promote the optimization of the product structure of the master’s noodle, which will provide impetus for long-term sustainable growth. On the other hand, Master Kang’s beverage sales rebound faster than the industry and the ongoing product structure improvement may help it achieve the official guidance of positive growth in beverage sales throughout the year.


Wahaha may increase milk powder business (Beijing business daily)


According to the Beijing Business Daily yesterday, it was reported that Wahaha will launch a green grass formula for children (12-36 months old, 3 stages), with registration number of yp20180151. Meanwhile, Wahaha will also launch Wahaha infant formula milk powder (3 stages) and Wahaha infant formula sheep milk powder (3 stages) with the registration numbers of “Guoshi Zhuzi yp20190034” and “Guoshi Zhuzi yp20190030”. In this regard, Beijing Business Daily reporter contacted and interviewed the relevant person in charge of Wahaha, but so far, no reply has been received.


Oat milk brand oatly investors say it has become a global brand (Financial graffiti)


According to financial graffiti today, Raphael thiolon, an investor in oat milk brand oatly, said that oatly’s sales volume is close to US $1 billion. As long as we continue the current strategy, consolidate the brand, increase the frequency of consumption, and ensure that production is synchronized with demand, it is not difficult to exceed this “target”. Oatly is already a global brand, with Europe taking the first place, and North America and Asia are growing rapidly. Looking forward to the next five years, the three major markets are likely to account for the same proportion of total sales. In addition, he believes that milk is a nutritious daily drink for Asian consumers, and oatly can start with the problem of lactose tolerance in Asia, because the resolution of lactose intolerance is still low in Asia.



Different meat customers continue to deepen cooperation with KFC China (company news)


Beyond meat announced today that it will further deepen its cooperation with KFC China, and launch different hamburgers in 210 KFC stores within three weeks ™。 After the first appearance of a different hamburger in China in June this year, KFC has extended the public test to more cities. Consumers can explore its presence in Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou and Wuhan.


“1828 Wang Laoji herbal new tea” opened 22 stores (Interface)


According to yesterday’s interface news, on September 30, Wang Laoji’s offline physical store “1828 Wang Laoji herbal new tea” held a new store opening ceremony in Guangzhou tower, and announced 22 new stores in Zhuhai, Huai’an and Yiwu. This is the largest expansion since Wang Laoji was born in 1828. When the brand was first launched, Wang Laoji’s development goal was to achieve the operation scale of 3000 stores nationwide by 2021. However, even if the 22 new stores are included, the total number of 1828 Wang Laoji’s stores nationwide is still less than 50, and most of them are concentrated in South China.


Youbo enjoy the listing of gainoan (company news)

 

According to Shengyuan’s announcement today, Youbo Zunxiang has been listed on the market, and said that its calcium, iron, zinc, probiotics and DNA “have all five items”, and that “a comprehensive nutrition solution” has been put forward by Bao’s father and mother about their baby’s lack of nutrition. In addition to the upgrade of nutrition and other aspects of Youbo, Youbo has recently released the Xiaoxiang pie children’s milk powder, which includes three major products: Youbo Xiaoxiang pie formula for picky and partial eating children, Xiaoxiang pie star pupil series for vision protection, and Youbo Xiaoxiang Pai safety protection product for immunity.


Nestle announces helping us dairy industry achieve carbon neutrality by 2050 (company news)


Nestle today announced its support for the U.S. net zero carbon initiative, an important part of the U.S. dairy environmental management goals recognized by dairy industry giants and herdsmen to achieve carbon neutrality, optimize dairy water use and improve water quality by 2050.


Quick reading of food industry information

 


Last year, the domestic dairy output achieved the largest growth in nearly five years (Daily Economic News)

This morning, the summit of China’s top 20 dairy industry 2020 (D20) was held in Shijiazhuang, Hebei Province. According to the site of the event, China dairy quality report (2020) was officially released in the meeting. According to the report, in 2019, China’s dairy output was 32.976 million tons, with a year-on-year increase of 3.8%, ranking fourth in the world; domestic dairy production was 27.194 million tons, with a year-on-year growth of 5.6%, both achieving the largest growth since 2015.


Australian milk production will increase by 1-3% in 2020 / 21 (Australian dairy authority)

According to the Australian dairy authority today, according to the preliminary forecast, Australian milk production will increase by 1-3% in 2020 / 21. In view of the gradual reduction of dairy production control measures implemented by the United States and Europe due to the epidemic, and the peak milk production month in the southern hemisphere, the global milk supply continued to grow. Although global commodity prices have not yet been severely impacted, the growth in dairy supply is likely to upset the current market balance.


First financial magazine’s list of golden lettered signboards in 2020 announced


A gilded signboard brand preference is published by the official account of the first financial magazine today (*: preference = (willingness to recommend disproportions) * 50%) survey. Twelfth This year, a total of 9491 respondents assessed 1512 brands as “recommended” and “disappointed” based on the 58 most frequently contacted consumer categories. This year, 16 brands have become gold lettered signboards because they have won the first popularity among consumers in their categories for three consecutive years. They are Yakult, Nongfu Shanquan, McDonald’s, Yunnan Baiyao, UNIQLO, wechat, keep, bilibilibili, Netease music, Shunfeng, IKEA, holly, Xiaomi, airbnb, HEMA Xiansheng and tmall international.


Vietnam coffee exports fall, prices continue to plummet (Ministry of Commerce)

Novel coronavirus pneumonia was reported in Vietnam online October 11th. The demand for coffee in the global market has dropped sharply due to the outbreak of new crown pneumonia, which has made Vietnam’s coffee exports dim. In the first nine months, Vietnam’s coffee export volume and export volume were 1.25 million tons and 2.16 billion US dollars respectively, with a year-on-year decrease of 1.4% and 1%. In September 2020, the global coffee trading price decreased. Compared with August, the trading price of Robusta coffee in London market decreased by 88 US dollars / ton to 1341 US dollars / ton, and Arabica coffee trading price in New York market plummeted to 2520 US dollars / ton in December.


Qingdao: the risk of this epidemic is small (Interface)


Today, Qingdao held a press conference on epidemic prevention and control. Zhang Huaqiang, deputy director of the Qingdao CDC, said at the press conference that the confirmed cases in Qingdao did not occur in the community, but in the hospital screening, and the cases had been transferred to designated hospitals for treatment immediately, with less risk. No community confirmed cases have been found in Qingdao. At present, the community of Loushanhou, where the chest hospital is located, is designated as a medium risk area in Qingdao, and the risk level of other areas remains unchanged.



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