China Food

Mengniu increased its 5% stake in miaolandou. Zong Qinghou said that he wanted to retire to the second tier. It was said that maner coffee won a stake in Temasek, and 3G capital tycoon planned to withdraw from Kraft Heinz’s board of directors


Hot company information and announcement

 

Zong Qinghou: I also want to retire from the second tier, but retirement is impossible (Chinese entrepreneur)

 

Zong Qinghou, the founder of Wahaha, said in an interview that he appointed three deputy general managers to take charge of several departments in the past two years, reducing his work pressure and training them, according to China Entrepreneur magazine today. “I want to retire to the second tier, but retirement is impossible. I’ll make a big decision in the back of the company, and there won’t be a big problem. ” Zong Qinghou said that the most ideal state to retreat to the second line is “they can do things well. Let me see the big situation.”.

Inner Mongolia Mengniu increased its stake in miaolandou to 9.93% (company announcement)

Miao kelandor announced today that from December 24, 2020 to March 4, 2021, Inner Mongolia Mengniu has accumulated 20765500 shares of Miao kelandor through the centralized bidding trading system of Shanghai Stock Exchange, accounting for 5.00% of the total equity of Miao kelandor. After the equity change, Inner Mongolia Mengniu held 41233353 shares of miaolandor, accounting for 9.93% of the total equity of miaolandor.

Maotai “2000 yuan defense war” starts (times Finance)

Today, Baijiu and new energy sectors have fallen into the worst hit areas. Guizhou’s Moutai fell 5.09%, and the morning market closed at 2031.02 yuan. The intraday was close to 2011 yuan, and the “2000 yuan defense war” started directly.

 

Temasek shares in maner coffee (latepost later)

 

According to latepost news yesterday, in February 2021, the boutique coffee brand manner has completed a new round of financing, and Singapore sovereign wealth fund Temasek has entered the market. After this round of investment, its valuation is slightly higher than that of the previous round, with a valuation of about US $1.3 billion. Manner, which opened in Shanghai in 2015, is a boutique coffee chain with small stores and high cost performance. The price of a single cup is between 15-25 yuan, and the stores are mainly attached to office buildings.

 

Functional food “minayo” completes tens of millions of yuan pre-A round of financing (36 krypton)

 

According to 36 krypton news today, the functional food brand “minayo” has received tens of millions of yuan of pre-A round of financing. This round of financing is exclusively invested by Aurora Borealis venture capital, with Yuanshi capital as the exclusive financial consultant. This round of financing will be mainly used for product matrix improvement, market launch and brand upgrading. At present, minayo has two product lines: “functional snack line” and “professional supplement line”.

 

7-Eleven enters Jinan and plans to open at least 100 stores in two years (lianshang.com)

 

On March 3, Jinan Licheng Holding Group signed a cooperation agreement with Zhongdi sunshine group and Shandong Zhongdi convenience life Co., Ltd., the franchisee of 7-ELEVEN in Shandong Province, marking the official settlement of 7-ELEVEN convenience store in Jinan. It is understood that the first store of the project will be opened in Licheng District. It is planned to open no less than 100 7-Eleven stores in Jinan within two years, and gradually expand the layout to the surrounding areas.

 

Meituan affiliated company publishes an invention patent of “unmanned vehicle” (36 krypton)

 

According to 36 krypton yesterday’s news, tianyancha app shows that recently, Beijing Sankuai Online Technology Co., Ltd. has disclosed a patent for the invention of “unmanned vehicle”, with the publication number of cn112429116a, and the application date is March 2.

Liu Yonghao, chairman of new hope: pay attention to pig breeding as much as chips

 

Liu Yonghao, member of the National Committee of the Chinese people’s Political Consultative Conference and chairman of the new hope group, said at a media communication meeting held in Beijing on the 3rd that China has the largest number of pigs in the world, but in the past, it did not pay enough attention to breeding and did not invest enough funds, which is the biggest gap between China and the West in pig breeding. He believes that China should have its own breeding system and “pay attention to breeding as much as chip”.

 

Liu Xiangguang, former general manager of Beijing Tongrentang Co., Ltd., was investigated and reduced to an ordinary employee two years ago (China Economic Net)

 

Liu Xiangguang, former general manager of Beijing Tongrentang Co., Ltd., is suspected of serious violations of discipline and law and is currently under disciplinary review and supervision, according to the website of the Beijing Municipal Commission for Discipline Inspection and supervision. Liu Xiangguang served as Deputy Secretary of the Party committee and general manager of Beijing Tongrentang Co., Ltd. from June 2017 to February 2019. In February 2019, Liu Xiangguang was removed from the party and demoted to an ordinary worker.

Dahua Jixian: Feihe or IMF product standards tightened (Caihua Society)

 

Dahua Jixian released a report that the valuation of Feihe dairy industry has also declined since the Spring Festival. From the industry point of view, the bank believes that domestic brands will continue to seize market share from international operators, which should offset the declining birth rate. In 2022 and beyond, IMF (infant formula) product standards may be further tightened, which will further remove the weak industries of operators and strengthen the integration of market leaders. This is beneficial to Feihe dairy, the IMF’s market leader in China. The bank offered a target price of HK $25, raising its rating to buy.

 

Goldman Sachs: maintain Haidilao’s “neutral” rating target price of HK $57 (gronhui)

 

Goldman Sachs published a research report that Haidilao issued a profit warning. Affected by the epidemic, its net profit in 2020 is expected to drop by 90% year on year to 235 million yuan (RMB, the same below), that is, the company’s profit in the second half of last year was 1.2 billion yuan, 27% lower than the bank’s expectation. However, in view of the recovery of business after the epidemic, the company continued to develop new business, so it maintained its “neutral” investment rating, with a target price of HK $57. The bank also pointed out that the turnover rate of Haidilao in January this year was about the same as that in November and December last year, that is, it returned to the level of 70% to 80% before the epidemic. The average turnover rate of Haidilao during the 7-day Lunar New Year holiday was more than 4 times, reaching 80% in the same period last year. The bank believed that Haidilao had the potential to continue to expand its business, but the recovery rate of turnover was slow, which may pose a risk to the company’s income and valuation in the short term.

3G capital tycoon plans to withdraw from Kraft Heinz board of directors (Financial Times)

Jorge Paulo Lemann, an 81 year old Brazilian billionaire, plans to step down from Kraft Heinz’s board of directors in the hope of reducing travel, the Financial Times reported today. His investment company, 3G capital, now owns 20% of kafheinz, and 3G capital said it still intends to become a long-term shareholder of the company.

 

Chief financial officer of beyond meat to retire (Reuters)

 

Beyond meat said on Monday that its chief financial officer, Mark Nelson, will retire in May, but will remain a consultant until May 5, 2023. The company said Mark Nelson’s retirement was voluntary and not the result of any disagreement or any matter related to his operations, policies or practices. According to reports, Mark Nelson played a key role in the IPO of beyond meat.

 

Diageo completes acquisition of chase distillery (Foodbev)

 

According to foreign media reports recently, Diageo has completed the acquisition of chase distillery, a British producer of gin and vodka. The deal was first announced in October and was approved by UK regulators in February.

 

Polyrexa to push forward 2030 CSR action plan (company news)

 

As an important part of the “good time, good place” 2030 corporate social responsibility action plan, the three major brands, absolute vodka, beautiful time champagne and bifida gin, have recently launched a series of innovative packaging initiatives. In the field of “recycling”, polyrexa promises that by 2025, all packaging will be 100% recyclable, recyclable, degradable and can be used as a bio base.

 

Hershey sets new goals for sustainable development by 2030 (Foodbev)

 

Hershey has set a new goal of sustainable development, which is to achieve 100% recyclable, reusable or compostable plastic packaging by 2030 without deforestation, foreign media reported yesterday.

Quick reading of food industry information

 

Sun Baoguo, member of the National Committee of the Chinese people’s Political Consultative Conference

 

Sun Baoguo, member of the National Committee of the Chinese people’s Political Consultative Conference, academician of the Chinese Academy of engineering and President of Beijing University of technology and industry, has brought a “proposal on accelerating the improvement of food nutrition and health science and technology innovation ability” this year, according to Xinhua news today. The suggestions of the proposal include: strengthening the overall deployment, increasing the intensity of science and technology investment; strengthening the construction of national R & D platform of food nutrition and health; strengthening the popularization of science knowledge of food nutrition and health.

 

An Australian study found that artificial sweeteners may make bacteria more susceptible to drug resistance (Xinhua News Agency)

 

According to Xinhua News Agency yesterday, Guo Jianhua, associate professor of the University of Queensland, and others recently published a paper in the Journal of the international society of microbial ecology, saying that they selected four commonly used artificial sweeteners saccharin, sucralose, aspartame and acesulfame potassium for research, and found that they can significantly accelerate the exchange of antibiotic resistance genes between bacteria, allowing drug-resistant bacteria to carry antibiotics The drug resistance genes carried by the bacteria are transmitted to other bacteria more quickly. Guo Jianhua said that if drug resistance is widely spread in bacteria, it may bring great risks to public health, and some “super pathogenic bacteria” with drug resistance may be fatal after infecting human body in some cases. Therefore, people need to be cautious about artificial sweeteners, do not eat too much, and in the future, they also need to evaluate the health risks associated with artificial sweeteners more strictly.

 

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