China Food

Last year, the output value of Feihe exceeded 20 billion yuan. Lavazza accelerated the opening of stores in China this year. Zhou Heiya’s net profit is expected to drop about 65% last year. Mengniu Yashili promoted new probiotics, and Guangdong’s milk tea consumption ranked first in the country

Hot company information and announcement


Leng Youbin: the output value of Feihe exceeded 20 billion yuan last year (Heilongjiang daily)


According to Heilongjiang daily, Leng Youbin, chairman of China Feihe Dairy Co., Ltd., said that the team of tax experts helped enterprises improve the internal control mechanism, and took the lead in signing the “Tax Compliance Agreement” in Heilongjiang Province, which helped the output value of Feihe Dairy Co., Ltd. exceed 20 billion yuan last year.


Yum China and Lavazza group to speed up shop opening this year (company news)


According to the news from Yum China today, the company and Lavazza group received the Italian ambassador to China Luca Ferrari and his party at Lavazza Asia flagship store in Shanghai. Joey Wat, CEO of Yum China, introduced the development of Lavazza coffee shop jointly operated by Yum China and Lavazza group in China; ambassador Fang Lanyi visited Lavazza’s flagship store in Asia and tasted Lavazza’s classic coffee and Italian food specially developed for Chinese consumers. It is reported that in 2021, yum China and Lavazza group will speed up the opening of stores and explore a variety of store forms from flagship stores to mini stores.


Nestle freshly appoints chief business officer (company news)


Freshly, an American fresh food delivery company, recently announced that it has appointed Anna Fabrega as its first chief business officer after it was acquired by Nestle at the end of last year. She will lead freshly’s growth and strategic partnership program, building and leading teams in marketing, branding, menu development, customer experience and sales. According to reports, Anna Fabrega was responsible for leading Amazon go just walk out, an unmanned physical store owned by Amazon, and Amazon kitchen, its own brand fresh food business.

Zhou Heiya’s net profit in 2020 is expected to decline by about 65% year on year (company announcement)

Zhou Heiya announced tonight that its net profit in 2020 is expected to be about 65% lower than that of the group’s net profit of RMB 407.4 million in the same period of 2019. The reduction is mainly due to the fact that since the outbreak of New Coronavirus in January 2020, the Chinese mainland has implemented disease prevention measures and restrictions on consumer places throughout the country, which has had a major impact on the operation of the group, and is particularly affected by the operation in Hubei and the transportation hub. In the second half of 2020, with the improvement of the epidemic situation and the gradual implementation of the group’s strategy, the business situation will gradually recover.

Shanxi Fenjiu: revenue growth of 17.69% year on year in 2020 (company announcement)


According to the 2020 performance express released by Shanxi Fenjiu today, the annual revenue of Fenjiu was 13.996 billion yuan, an increase of 17.69% over the same period of last year, and the net profit attributable to shareholders of listed companies was 3.106 billion yuan, an increase of 57.75% over the same period of last year.


Haolilai: Tang Qiqing plans to acquire the controlling shareholder “Xusheng investment”, and the control right of the company may be changed (company announcement)


Haolilai announced today that after receiving a notice from Xusheng investment, the holding stock, Tang Qiqing plans to indirectly acquire all the company’s shares held by Xusheng investment through the acquisition of 100% equity of Xusheng investment. If the acquisition is completed successfully, it will lead to the change of the company’s control.


Mengniu Yashili launches two new probiotics (company news)


Recently, Mengniu Yashili launched two new products, Mengniu M8 active probiotic powder and Mengniu yourui probiotic solid beverage, both of which are added with Bifidobacterium lactis probio-m.


Wei Lihua: innovation driven growth to better meet the needs of consumers (company news)


This year, Wei Lihua, deputy to the National People’s Congress and chairman and President of JUNLEBAO dairy group, said during the deliberation of the 14th five year plan that JUNLEBAO will continue to increase investment in scientific research, build a national R & D platform, drive growth by innovation, and better meet the needs of consumers. At the end of May this year, JUNLEBAO Dairy Technology Innovation Research Institute, with a total investment of 250 million yuan, will be put into use, he said.


Wei Lihua: suggest to increase the purchasing place of imported dairy cattle (company news)


During the two sessions of this year, Wei Lihua, deputy to the National People’s Congress and chairman and President of JUNLEBAO dairy group, proposed to increase the purchasing places of imported dairy cows. On the basis of Australia, New Zealand, Uruguay and Chile, we should increase the purchasing places of dairy cows in the United States, Canada and other countries, increase the option of purchasing high-quality dairy cows, expand the supplier market, and enhance the international bargaining power of Chinese enterprises.

Guosen Securities: give Gabu Gabu “buy” rating for the first time, catering business meets the turning point of operation as a whole (Zhitong Finance)


According to the research report released by Guosen Securities, it is estimated that the reasonable price will be HK $26.5-27. In the short term, it will track the recovery trend after the epidemic, upgrade the company’s brand and improve the elasticity of stock business; make joint efforts to build the second growth curve, and the catering business will meet the turning point of operation as a whole; the extension of the industrial chain is expected to further improve the profit margin.


Zhou Heiya investment venture capital fund (investment sector)


According to today’s information from the investment community, Zhou Heiya has recently subscribed to the joint venture Qingcheng Xinding Huaqi No.2 equity investment partnership (limited partnership), holding 10% of the shares. The latter is the fund of Xinding capital, which has invested in Cambrian and other star enterprises. The investment community has learned from Xinding capital that Zhou Heiya is one of its LP (limited partners).


New dairy enterprises set up brand management company (business information)


According to industrial and commercial information, Chengdu Xinniu Brand Management Co., Ltd. was established on March 5, 2021. Its business scope includes brand management, marketing planning, corporate image planning, etc. The shareholders of the company are Chongqing Xinniu Hanhong Industrial Co., Ltd., the latter shareholders are new hope Dairy Co., Ltd. and Chongqing Jingrun Hanhong Enterprise Management Consulting Co., Ltd., and the chairman is Xi Gang, the chairman of new dairy.


Iqiyi affiliated company shares in dairiheiqiao (36 krypton)


Tianyancha app shows that recently, Shanghai Huiyi Industrial Development Co., Ltd., an affiliated company of dairiheiqiao, has undergone industrial and commercial changes, adding Beijing iqiyi Technology Co., Ltd. and Horgos yunmou equity investment partnership (limited partnership) as shareholders. The business scope of Shanghai Huiyi Industrial Development Co., Ltd. includes food business, goods import and export, technology import and export, etc. Daidaiheiqiao is a new and cutting-edge dark chocolate brand with no sugar and 0 addition.


Shentong has joined the community group buying, and has cooperated with HEMA to test the water grid warehouse business (Interface)


Recently, on the spot of Shentong express investors’ open day, Wang Wenbin, President of Shentong express, said that Shentong and HEMA have started cooperation on community group buying grid warehouse business. Wang Wenbin said that Shentong and HEMA have started to cooperate in grid warehouse business in Hunan and Hubei. The mode of cooperation between the two sides is that HEMA and Shentong express outlets jointly build grid warehouse. Shentong express, as an agent operator, provides grid warehouse resources and distribution services.


Hot search on “Burger King women’s Day tweet suspected of discriminating against women” (Sina Finance)


Today, Burger King’s women’s Day tweet is suspected of discriminating against women. The reason is that on women’s day, the official twitter of Burger King UK branch tweeted that women should stay in the kitchen, causing strong dissatisfaction from netizens. In response, Burger King explained that this was to draw attention to the serious lack of women in the catering industry, and launched scholarships to help more women engage in catering. But in the end, Burger King apologized and deleted the tweet.


Diageo acquires lone River Ranch water


Diageo said on Monday it had acquired far west spirits LLC, the parent company of the lone River Ranch water brand, as it hopes to expand in the fast-growing alcoholic soda category. The terms of the acquisition were not disclosed. According to the report, alcoholic soda is the fastest growing alcoholic beverage category in the United States, with store sales nearly doubling every year since 2016.


Arla foods considers closing a British dairy factory (just food)


According to foreign media reports yesterday, Arla foods said it was considering closing a dairy factory in the UK, which produces salty cheese and so on. Arla foods said production at the factory had fallen for three consecutive years, which was exacerbated by the impact of the epidemic on the outdoor channel cheese business. From a financial point of view, it is unreasonable to continue to operate the plant.


Kylin, a Japanese brewer, expands beer takeout service (Kyodo News)


Kirin, a Japanese brewer, said on Monday that it would expand its door-to-door beer ordering service in May because of growing demand for alcohol products in Japan after the pandemic. The goal is to add 100000 subscribers by the end of this year. The service was first launched in 2017.


Tyson food will provide thousands of employees with the new vaccine free of charge (company news)


Novel coronavirus pneumonia vaccine is available for thousands of factory front-line workers in Arkansas this week, Tyson Foods announced yesterday. The company says nearly 10000 U.S. employees have been vaccinated recently.


Hochdorf, a Swiss milk powder manufacturer, introduces dairy reporter


According to foreign media yesterday, hochdorf, a Swiss milk powder manufacturer, launched 1-3 stages of infant and goat milk powder under its bimbosan brand.

Quick reading of food industry information



Import of packaged milk will exceed 1 million tons in 2020, up 17% year on year (Holstein magazine)


According to the statistics of China Customs, China will import 1.0398 million tons of packaged milk in 2020, an increase of 16.8% over the same period last year, accounting for about 4% of the total output of liquid milk in that year. The total import volume will reach US $1.309 billion, an increase of 18.9% over the same period last year. In terms of source countries, 59% of imports come from EU countries, 30% from New Zealand and 10% from Australia.


Consumption of milk tea in Guangdong ranks first in China (21st century economic report)


The Alipay digital life platform released today’s spring tea consumption report showed that southerners were more fond of milk tea than northern people: in the TOP10 province of tea consumption, the South accounted for eight seats. Guangdong Province, the first to introduce Hong Kong style and desktop milk tea, and to carry forward fruit tea, has the largest consumption of milk tea in China. Cantonese drink 2.5 cups more milk tea per week than northeast people.


Investigation on plastic ban and restriction in Yangtze River Delta: paper straw can’t replace plastic straw to become “three pain points” (surging News)


On March 9, Shanghai Consumer Protection Commission released the consumer side Research Report on the new regulations of plastic ban and restriction in the Yangtze River Delta. Surging news reporter learned that: the Yangtze River Delta plastic ban has been fully covered, among which, the huge number of takeaway has become the source of growth of plastic waste, paper straw can not replace plastic straw, and the disordered competition of degradable products has become the “three major pain points”.

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