China Food

Budweiser Asia Pacific made a net profit of US $520 million in the first half of the year, and Danone returned to growth. Yibao plans to invest 1 billion in Hunan this year, Huabin FMCG Guizhou production base is put into operation, and the label of milk powder products is planned to be further standardized


Hot company information and announcement

 


Budweiser Asia Pacific made a net profit of US $520 million in the first half of the year (company announcement)

 

Today, Budweiser Asia Pacific announced its first half results. In the Chinese market, sales increased by 21.8% in the first half of the year and decreased by 4.5% in the second quarter, due to the high base caused by the relaxation of epidemic restrictions in the same period in 2020. In the first half of 2021, the revenue of the Chinese market increased by 33.5%. In the second quarter, the revenue per hundred liters in the Chinese market increased by 9.5% over the same period last year. As for the overall performance of Budweiser Asia Pacific, the revenue in the first half of the year was US $3.477 billion, a year-on-year increase of 26%, and the normalized profit was US $520 million, compared with us $222 million in the same period last year.


Danone’s net sales in the second quarter increased by 6.6% year-on-year (company news)


Danone’s second quarter results released today showed that net sales during the period increased by 6.6% year-on-year to 6.171 billion euros (about 47.356 billion yuan). The company said that the return of performance to growth was due to its focus on implementation and delivery, including iteration and innovation of core product portfolio, accelerated expansion of strategic channels and selective investment in key areas. Today, Danone also announced that it would launch a stock repurchase plan worth 800 million euros in the second half of the year.


Huabin FMCG Guizhou production base put into operation (company news)


Yesterday, Huabin FMCG Guizhou functional beverage production base held the opening ceremony. The production base project will be constructed in three phases, with a total planned investment of 600 million yuan and a construction period of 6-8 years. At present, the investment of 130 million yuan has been completed in the first phase. It takes only six and a half months from entering the park to the completion of construction. The annual output value is expected to be 1 billion yuan. After the completion of all projects, the annual output value is expected to reach 3.5 billion yuan. At present, Huabin FMCG group has completed the construction of seven production bases nationwide, the production layout of southeast, northwest and middle schools has been completed, and the production capacity of functional drinks will reach 5.6 billion cans.


China Resources Yibao plans to invest 1 billion yuan in Hunan this year (Hunan Provincial Government)


On July 28, the promotion meeting of Hunan’s “three high and four new” strategy and pilot free trade zone was held in Shenzhen“ Hunan market can cover Jiangxi and Hubei. We are ready to build Hunan into a large beverage production base covering the central region. ” Zhu Hong, deputy general manager of China Resources Yibao beverage (China) Co., Ltd., said that after signing the contract, the enterprise plans to invest 1 billion yuan in Hunan this year to build the second phase of beverage production project in Ningxiang Economic Development Zone. After putting into operation, the annual output of the enterprise in Hunan can reach 2 billion yuan.


Infant snack brand “seed secret service team” won Angel round financing (Lightspeed venture capital)

 

Infant snack brand “seed secret service” recently completed an angel round of financing of millions of dollars. This round of financing is led by Lightspeed China and followed by dangerous peak evergreen. Zhao Wenjia, founder and CEO of the seed secret service team, said that the financing funds will be mainly used for team building, new product research and development, etc. It is reported that Zhao Wenjia comes from P & G and Nestle.

 

Milk tea supplier “Yufeng food” won tens of millions of yuan in round a financing (36 krypton)

 

According to 36 krypton today, Yufeng food, a fairy grass processing enterprise and milk tea raw material supplier, recently completed tens of millions of yuan of round a financing, and the exclusive investor is the fund of Qinglan investment. According to Wang Yufeng, founder and chairman, this round of funds will be mainly used for product R & D, production line expansion and brand marketing. According to his introduction, the company currently has an annual production capacity of more than 10000 tons of Xiancao hay, and the domestic market share of core products such as Xiancao rubber powder is up to 35%.


东鹏饮料指没有收购同行业上下游的计划(wind)


Dongpeng beverage said on the investor interaction platform today that at present, the company has no plan to acquire the upstream and downstream of the same industry; In addition, the company made an employee stock ownership platform to motivate employees before listing. The four stock ownership platforms are Dongpeng Yuandao, Dongpeng Zhiyuan, Dongpeng Zhicheng and Kunpeng investment.

Barbie food: it is estimated that the net profit in the first half of the year will be 200 million yuan ~ 220 million yuan (company announcement)

Babbitt food announced today that it is expected that the net profit in the half year of 2021 will be 200 million yuan ~ 220 million yuan. The pre increase in performance is mainly due to the increase in the income from changes in fair value generated by the company’s indirect holding of Dongpeng beverage shares through Tianjin Junzheng. It is expected that the net profit of the company will increase by about 140 million yuan – 150 million yuan, a year-on-year increase of 258.96% ~ 294.85%.

The flood did not have a serious impact on Chengde Lulu Zhengzhou plant (wind)


Chengde Lulu said on the investor interaction platform yesterday that the flood did not have a serious impact on the Zhengzhou plant. At present, it is in normal operation. Zhengzhou Lulu company will arrange production according to the production plan.


Happy star Hamburg and Unilever strategic cooperation (company news)


On July 27, the launching ceremony of strategic cooperation between “Happy Star Hamburg” and “Unilever” was held at the headquarters of Shanghai Doushi Catering Management Co., Ltd. Today, the brand of happy star Hamburg spans 32 provinces and has more than 1500 stores.


Nestle refers to the first victory of “Nestle healthy children program campus trip” (company news)


According to Nestle China’s official website yesterday, the global children’s safety organization (China) and Nestle held the summary and Prospect of the “Nestle healthy children’s plan campus trip” and the release ceremony of the Research Report at the youth activity center of Jing’an District, Shanghai, summarized the experience of project implementation in the past year, and released the report of “evaluation and Research on students’ nutritional cognition and behavior intervention in three cities”. The report shows that after the first year of project intervention, children’s nutrition cognition and behavior have been positively improved in varying degrees.

Coca Cola China and Coca Cola foundation work together to help Henan (company news)

Coca Cola announced today that as of yesterday, Coca Cola China’s “24-hour water purification” emergency rescue operation had sent 1009112 bottles of drinking water and drinks to the affected areas of Henan through the front-line Emergency Management Department of the government and the one foundation to support the front-line disaster relief work. It is reported that the Coca Cola Foundation donated 500000 US dollars (about 3.24 million yuan) to one foundation, and Zhengzhou Swire Coca Cola also donated 5 million yuan to Zhengzhou Charity Federation for flood fighting, rescue and post disaster reconstruction.



Quick reading of food industry information

   

The special food department held a national regulatory meeting on infant formula milk powder and formula food for special medical purposes (Market Supervision Bureau)


From July 21 to 22, the special food department of the State Administration of market supervision held a national regulatory meeting on infant formula milk powder and formula food for special medical purposes in Rizhao, Shandong Province. A total of 44 persons, including responsible comrades of relevant departments of special food supervision of provincial market supervision departments and experts of system inspection technical support institutions, attended the meeting. The meeting stressed that the safety of infant formula milk powder and formula food for special medical purposes should not allow any mistakes. We should continue to promote the system inspection of infant formula milk powder production enterprises with high standards and strict requirements, further tighten the daily supervision of sales links, strengthen the disposal of illegal acts, and comprehensively use various ways to continuously promote the transformation of supervision from passive to active, from symptoms to root causes, and from post governance to pre prevention, Ensure the health and life safety of infants and young children.

Announcement of the State Administration of market supervision on further standardizing the labeling of infant formula milk powder products (Exposure Draft) (State Administration of market supervision)


In order to further standardize the labeling of infant formula milk powder products, urge enterprises to implement their main responsibilities and safeguard the legitimate rights and interests of consumers, our bureau organized and drafted the announcement of the State Administration of market supervision on further standardizing the labeling of infant formula milk powder products (Draft for comments). We will now solicit opinions from the public. The deadline for feedback is August 28, 2021.


According to the exposure draft, the formula milk powder for infants aged 0-6 months shall not be claimed for content and function. The formula milk powder for infants over 6 months old shall not claim the content and function of its essential components, and its optional components can claim the content and function allowed by the national food safety standards in the form of text on the non main display panel.


Netease strictly selected the organizational structure adjustment and established the master station business center (36 krypton)


Netease strict selection conducted an organizational structure adjustment in early July. The core is to separate the product, design, operation, user and community teams of Netease strict selection app to form a “master business center”, with Netease strict selection CEO Liang Jun as the person in charge. So far, Netease has established six business centers, including the previous supply chain center, product technology center, commodity center, marketing center and user operation center (customer service).

 

Pay attention to “snack generation (wechat: foodinc)” and watch the wonderful news.


Similar Posts

Leave a Reply

Your email address will not be published.