China Food

Mengniu’s new strategic cooperation, Jane Eyre’s parent company’s strategic stake in Australia and Asia ranch, chain tavern Helen company’s offering from now on, meituan plans to continue to expand community group buying, and the State Administration of market supervision plans to amend the e-commerce law

Hot company information and announcement

 


Jane Eyre yogurt parent company Park Cheng dairy strategic stake in Australia and Asia ranch (company news)


According to today’s news from Pucheng dairy, Pucheng dairy, the parent company of Jane Eyre yogurt, has signed a strategic investment contract with austasia Investment Holdings Pte Ltd. (Australia Asia), the parent company of Australia Asia ranch, and Pucheng dairy has become a strategic shareholder of Australia Asia. In fact, park Cheng dairy and Australia and Asia signed a strategic cooperation contract earlier. Among them, park Cheng dairy invested and selected sites to build 10000 pastures, and Australia and Asia were directly responsible for management, technology, R & D and other operation links. The farm is expected to produce milk in April 2022, with an annual output of more than 80000 tons. For more details, please click here.

Helen’s offering from today (Hong Kong Economic Daily)

Helen company, a chain tavern company, plans to issue 130 million shares, 10% of which will be put on public sale in Hong Kong, raising up to 2.79 billion yuan (Hong Kong dollars, the same below). Helen’s share price ranges from 18.82 yuan to 20.72 yuan. As of 5:00 p.m. on Tuesday, hellens had recorded a margin subscription of nearly 2.7 billion yuan. Calculated by raising nearly 280 million yuan from the public offering, it had been oversubscribed by more than 8.67 times. Hellens is expected to be listed on September 10. About 70% of the fund-raising income will be used to open new pubs and realize expansion plans in the next three years; 10% is used to further strengthen the talent echelon construction of the company’s Tavern; 5% for further strengthening the basic capacity-building of pubs; 5% to further enhance Helen’s brand awareness; The remaining 10% is used for working capital and general corporate purposes.

 

Meituan Wang Xing: in the long run, supervision is a good thing   It is planned to continue to expand community group buying (snack generation)


Yesterday, when attending the investor meeting, Wang Xing, chairman of meituan, pointed out that meituan believes that although more regulatory measures have been introduced recently, it is still optimistic about future development. It also refers to that in the long run, the current regulation is a good thing. It emphasizes that short-term profitability is not the goal of meituan, but the pursuit of long-term value. He also referred to the name of meituan. China and the United States want to be beautiful and better, and group means to be together. Meituan means to become better together. In addition, he said that meituan preferred to continue to expand regional coverage and penetration, although further expansion and penetration would take a long time.

The American delegation talks on further improving the relationship and rights of riders (Xiaoshi generation)


With regard to the rights and interests of takeout riders, meituan yesterday said that it attached great importance to the regulatory documents, would strictly read the details, implement the requirements of the regulatory authorities in detail, further improve the relationship and rights and interests of takeout riders, provide them with work-related injury insurance and provide better job security; It also defines the career development path and improves working conditions. In the future, meituan will hold a symposium to listen to the opinions of takeout riders. Meituan also pointed out that the company will continue to use technology to combine technology, improve distribution efficiency and make it easier for takeout riders to work

 

Meituan fast donkey contraction (latepost later)


According to latepost’s news today, meituan’s B2B business supplying takeout businesses expanded rapidly and turned to contraction in less than a year. It is reported that fast donkey provides services in nearly 100 cities. At present, it is expected to suspend some cities and retain only the first and second tier cities. This round of city closures shows that fast donkey’s exploration of the sinking market has failed temporarily, which also means that meituan’s B2B fresh e-commerce business is still in an early stage. In this regard, meituan said that the purchase of fast donkey will focus more on the first and second tier cities after adjustment. Meituan is determined to invest in the catering supply chain for a long time and continue to create value for the industry and customers.

 

Baifu holdings turned losses in the first half of the year (issued by the company)

Baifu holdings announced its first half results today, with a revenue of about 370 million yuan, a year-on-year increase of 51.84%. The profit attributable to shareholders was about RMB 5.242 million, while the loss in the same period last year was about RMB 94.591 million. The income from takeout business increased from 60.8 million yuan a year ago to 98.6 million yuan, an increase of 62.2%, mainly due to the increase in the number of takeout orders. Earnings transfer is mainly antithetical couplet due to the gradual recovery of the company’s business after COVID-19 and the disposal of some of the equity interest in the joint venture company. According to the WeChat official account of the company today, the income of the faceted system in the first half of the year increased by nearly 200% compared with the same period last year. Compared with 2019, Seesaw coffee increased by nearly 50% compared with the revenue of the store.

The turnover of Lianhua Supermarket in the first half of the year was 13.238 billion yuan (economic news agency)

Recently, Lianhua Supermarket announced that the net profit for the half year ended June 30, 2021 was RMB 2007.7 million, a year-on-year decrease of 65.58%. During the period, the turnover was 13.238 billion yuan, down 5.69%, the gross profit was 1.618 billion yuan, down 20.02%, and the profit before tax was 124 million yuan, down 52.85%.

 

Dada group, JD and ASUS have officially reached strategic cooperation (company news)


According to the “dada group blackboard” WeChat official account today, dada group, Jingdong and ASUS formally reached strategic cooperation recently. According to the strategic cooperation plan, the “Houda” service will be gradually extended to all ASUS offline stores in China in the second half of the year. At present, ASUS announced that more than 150 stores have officially settled in Jingdong home and Jingdong platform of dada group.

Mengniu Group has reached strategic cooperation with Shanghai Municipal Commission of economy and information technology and Pudong New Area (observer network)


Today, witnessed by Lu Jun, party secretary and chairman of COFCO group, and Wu Qing, member of the Standing Committee of Shanghai municipal Party committee and vice mayor of Shanghai, Mengniu Group reached strategic cooperation with Shanghai Municipal Commission of economy and information technology and Pudong New Area Government in Shanghai. Lu Minfang, President of Mengniu Group, and Wu Jincheng, director of Shanghai Municipal Commission of economy and information technology, and Wu Qiang, deputy head of Pudong New Area, signed the strategic cooperation framework agreement on behalf of all parties. According to the agreement, the three parties will jointly promote the construction of new business segments of Mengniu Dairy. Mengniu Dairy will set up digital biotechnology, capital operation platform and international business headquarters in Shanghai to accelerate the improvement of the digital and intelligent level of dairy industry.

Jiangsu Nongken cooperates with Yili, Guangming, Weigang and other dairy enterprises (state owned assets supervision and Administration Commission of Jiangsu provincial government)


According to today’s news from the state owned assets supervision and Administration Commission of Jiangsu provincial government, Jiangsu Nongken takes the development of dairy industry as a breakthrough, cooperates with Yili Group, Shanghai Guangming, Nanjing Weigang and other dairy enterprises to build the largest state-owned high-quality milk source base in East China, and is currently exploring the whole dairy industry chain and R & D platform with Austria kernte dairy and Guangdong Yantang dairy, Accelerate the revitalization of Jiangsu dairy industry. Jiangsu agricultural reclamation was born in 1952. There are 18 farms with a total land area of 1.83 million mu, including 1.53 million mu of agricultural land (1 million mu of cultivated land).

Not Zhang Yong, the richest man in Singapore has been replaced (BusinessWeek Chinese Edition)

With the company’s share price soaring, Li Xiaodong, the billionaire co-founder, chairman and CEO of Singapore Donghai group, has become Singapore’s richest man. In 2019, Zhang Yong, founder of Haidilao, became the richest man in Singapore with a value of US $13.8 billion. In 2020, Zhang Yong and his wife Shu Ping were listed on the list and won the richest man in Singapore with us $19 billion. In 2021, due to the decline of share price, Zhang Yong is currently ranked No. 7 in Bloomberg Singapore rich list.

5100 mineral jellyfish company’s total revenue in the first half of the year was 223 million yuan (company announcement)


Recently, Tibet water resources, the parent company of mineral water brand 5100, released its semi annual results, with a total revenue of 223 million yuan in the first half of the year, an increase of 0.2% year-on-year. Among them, the revenue of water business segment was 54 million yuan, a year-on-year decrease of 35.3%. Tibet Water Resources said that the total revenue from cinema lines, airlines, hotels, enterprise customers, traditional retail and other sales channels accounted for more than 50% of the total sales and total revenue of water business. These sales channels were greatly affected by the epidemic, thus affecting the revenue of water business. At the same time, the change of customer structure led to the decline of average selling price.

 

Revenue and net profit of Jue Wei food increased in the first half of the year (hexun.com)


Jue Wei food released its 2021 semi annual report yesterday. Data show that Jue Wei food achieved an operating revenue of 3.144 billion yuan in the first half of the year, an increase of 30.27% year-on-year; The net profit was 502 million yuan, a year-on-year increase of 82.91%. In the first half of 2021, Jue Wei food made new breakthroughs in its business around the main business of duck neck. In the first half of the year, fresh products contributed 92.61% of the main business income.

 

Ding Dong’s revenue from buying vegetables in the second quarter was 4.65 billion yuan, a year-on-year increase of 77.9% (36 krypton)


Dingdong shopping released its second quarter financial report yesterday. The data showed that the net income of dingdong shopping in the second quarter was 4.65 billion yuan, a year-on-year increase of 77.9%. During the reporting period, dingdong shopping Gmv increased by 80.8% year-on-year to 5.38 billion yuan, exceeding market expectations. In addition, as of June 30, dingdong had 1136 pre positions in 36 cities across the country, an increase of 147 over the previous quarter.

 

Sanquan food’s net profit in the first half of the year was 278 million yuan, a year-on-year decrease of 38.55% (company announcement)


Yesterday, Sanquan food released its 2021 interim report. In the first half of the year, the company achieved a revenue of 3.639 billion yuan, a year-on-year decrease of 2.44%; The net profit attributable to the shareholders of the listed company was 278 million yuan, a year-on-year decrease of 38.55%; The basic earnings per share is 0.34 yuan.

 

Shenzhen veteran retailer renle’s revenue in the first half of the year was 2.76 billion yuan (interface News)


According to yesterday’s news of interface news, Renrenle recently released its 2021 semi annual report, which showed that during the period, the company achieved an operating revenue of 2.76 billion yuan, a year-on-year decrease of 8.37%; The net profit attributable to the parent company lost 365 million yuan, down 157.84% year-on-year. What keeps pace with the decline in performance is the reduction in stores. As of June 30, Renrenle had closed 19 stores in the first half of this year, with a net decrease of 16 stores. Renrenle explained that it was mainly because the lease of some stores expired and could not be renewed, or because sales continued to decline, resulting in long-term losses and no hope of turning losses.

 

Coca Cola joint venture “keniu” has completed trademark registration (China beverage industry network)


Recently, Coca Cola (China) Investment Co., Ltd. completed the registration of four food trademarks such as “keniu”, “keniule” and “keniule”, which are set up by the joint venture between Coca Cola and. The relevant person in charge of Mengniu said that “keniule” company was established in Bengbu, Anhui Province on October 28, 2020. It is jointly held by Mengniu Group and Coca Cola (China) Investment Co., Ltd. the joint venture produces, sells and markets low-temperature milk products.

 

Naixue’s tea related company added “integrated circuit design” and other business projects (surging News)


Tianyan check shows that recently, industrial and commercial changes have taken place in Shenzhen Pindao Catering Management Co., Ltd., Naixue’s tea related company. The company’s business scope includes integrated circuit design, takeout delivery service, publication Internet sales, etc.

 

The former site of the restoration of Dongsi in Daoxiang village, Beijing has created a “No. 0 shop” to sell Beijing style tea (Beijing News)


Recently, Beijing Daoxiang village store, located at 152 Dongsi North Street, hung the sign of “No. 0 store”. It is reported that this is the original site of the resumption of the first business department of Nanwei food store in Daoxiang village, Beijing. Reopen the original site and reopen new stores. There are not only baked cakes, but also characteristic Beijing tea. The relevant person in charge of Daoxiang village in Beijing said that the company plans to build “No. 0 store” into a characteristic store integrating folk customs, food, culture and urban memory, positioning the traditional food culture experience hall.

 

The new retail boutique tea brand “T9” completed tens of millions of yuan pre-A round of financing (36 krypton)


According to 36 krypton’s news today, the new retail boutique tea brand “T9” recently completed a pre-A round of financing of tens of millions of yuan, invested by Qingrui venture capital and Qingtong capital as the financial consultant. This round of funds will be used for brand construction, offline store expansion and market promotion. British tea latte is the main product of T9. The store also provides flower and fruit tea, pure tea and cold extract tea.

 

Functional dairy brand “niumaoheihei” completed ten million yuan Angel round financing (36 krypton)


According to 36 krypton’s news today, the functional dairy brand “niumaohei” has completed an angel round of financing of RMB 10 million, which is exclusively invested by illuma capital. This round of financing will be mainly used for market promotion and talent introduction. According to the official introduction, there are two product lines: collagen product line and probiotic yogurt product line.

 

Professor of plant meat brand won Jingwei China financing and entered the market with D2c card control products (36 krypton)


Recently, Professor of plant meat brand plant has completed a round of financing of 50 million yuan, which is exclusively invested by Jingwei China, and echo capital acts as the exclusive financial consultant. This round of financing will be used for consumer penetration, product R & D, supply chain optimization and team expansion. At the beginning of 2021, Professor botany obtained ten million yuan Angel round financing, and the investor was a member of P & G Alumni Association. Professor of Botany was founded in 2020, focusing on the plant protein food track and first entering the market with “card control” products.

 

Information of a batch of infant formula milk powder product formula registration approval (decision) to be received (food review center of State Administration of market supervision and Administration)


Today, the food evaluation center of the State Administration of market supervision and administration announced a batch of information to be received for the formula registration approval (decision) of infant formula milk powder products. The details are as follows:


 

Hi tea launches multi meat green tea series (company news)

Today, Xi tea launched a derivative version of the classic drink, succulent grape – qingti series, which continues the inspiration of succulent grapes, including two drinks, snow mountain succulent qingti and succulent qingti oil Citrus. Sunshine rose qingti is used as the main fruit raw material, matched with the classic elements of Xi tea, snow mountain cream top and oil Citrus Juice respectively. In addition to drinks, Xi tea also launched qingti cake, qingti xilado, qingti soft bag and other products with qingti as the main food material and integrating other high-quality raw materials in some stores this time.



Oreo push 0 sugar series Sandwich Biscuits (company news)

According to Yizi China’s news yesterday, the classic brand Oreo min innovated and developed 0 sugar biscuit formula and launched Oreo 0 sugar series sandwich biscuits. This series mainly selects maltitol widely used in the food industry to replace white granulated sugar, glucose and other traditional sugars. With reference to the requirements of relevant national food standards, it can achieve zero sugar and retain the delicious taste of Oreo biscuits. The new series includes two flavors – Oreo 0 sugar original sandwich biscuits and Oreo Qiao light crisp flower ripple rose 0 sugar flakes.



AB InBev enters the vodka track with natural light vodka


According to foreign media yesterday, natural light, a light beer brand of AB InBev, launched natural light vodka and officially entered the vodka track. The alcohol content of the product is 30%, and three flavors will be provided: lemonade, Strawberry Lemonade and black cherry lemonade. The product will be sold in 750 mL and 50 ml bottles. AB InBev said that flavored vodka is one of the fastest growing segments in the spirits category.


Artificial rat meat biscuits enter the pet food market (Hong Kong Economic Daily)

According to foreign reports, the overseas biotechnology company because animals recently made its debut in its new product, artificial mouse biscuit (harmless hunt), at superzoo, one of the largest trade exhibitions in the pet food industry. It claims that it can reduce the problem of food allergy of cats more than ordinary cat food when produced in sterile and non slaughtered conditions. The preparation method of artificial mouse meat needs to first obtain cells from mice, and then put them into a food grade bioreactor imitating animal uterus to provide various nutrients until they grow into meat. Because animals has its own proprietary medium, which can culture young mouse tissues without slaughtering any animals.


 

Quick reading of food industry information

 


The General Administration of Market Supervision announced the unqualified sampling inspection of 8 batches of food (General Administration of market supervision)


Recently, the General Administration of market supervision organized food safety supervision and sampling inspection, sampled 332 batches of 23 categories of food, such as beverages, alcohol, infant formula food and health food, and detected that 8 batches of food, including edible agricultural products, meat products, fried food and nut products, were unqualified. The main problems found were microbial pollution, excessive residues of agricultural and veterinary drugs, heavy metal pollution, unqualified quality indicators and so on. The details of unqualified food under supervision and sampling inspection are as follows:


 

Four departments shall coordinate the epidemic prevention and control and food safety in schools in autumn (State Administration of market supervision)


Yesterday, the general office of the General Administration of market supervision, together with the general office of the Ministry of education, the general office of the National Health Commission and the general office of the Ministry of public security, issued the notice on coordinating epidemic prevention and control and food safety in schools in autumn (hereinafter referred to as the notice), and deployed to coordinate epidemic prevention and control and food safety in schools in autumn. It is mentioned that it is necessary to urge off campus meal supply units and schools to take effective measures to guide students to develop the good habit of practicing strict economy and opposing food waste; Off campus catering units and school canteens in flood disaster areas shall not use food raw materials soaked in flood to process food.


The State Administration of market supervision plans to amend the e-commerce law (surging News)


Today, the State Administration of Market Supervision issued the decision on Amending the e-commerce law of the people’s Republic of China (Draft for comments). Among them, Article 84 stipulates that “if the circumstances are particularly serious, the relevant departments may restrict them from carrying out relevant network business activities until the relevant licenses for network business are revoked” is added to the legal liability of the operators of the e-commerce platform who fail to take necessary measures according to law for the infringement of intellectual property rights by the operators in the platform.

Vietnamese coffee exports affected by the epidemic (Financial Associated Press)


According to the associated press today, Vietnam, as one of the global producers of robusta bean coffee, has recently been negatively affected by COVID-19, and Vietnam’s Lo Busta (Robusta) coffee bean exports have been affected. Since this year, the price of Robusta coffee futures in London has increased by 50%, and recently soared to US $2019 per ton, the highest level in nearly four years.

 

Pilot of contactless meal taking out (China consumer daily)


Recently, five departments including the market supervision bureau of Sichuan Province jointly issued an emergency notice, requiring the province to promote the contactless meal taking cabinet service of catering takeout, and deployed related matters such as publicity and guidance, the investment and laying of online catering platform, and the safety supervision of online ordering food. Meituan takeout and hungry? Before, the dining cabinet has been put in Chengdu, and the laying scope will be expanded later. The contactless take out cabinet is still in the pilot stage in Sichuan.


Netease’s net profit fell in the second quarter (Reuters)

Today, Netease released a performance report. In the second quarter, the revenue increased by 12.9% year-on-year to 20.52 billion yuan, but the net profit decreased in the same period and month on month. In the second quarter, Netease’s net profit was 3.54 billion yuan, lower than 4.44 billion yuan and 4.54 billion yuan in the first quarter and the same period last year. In terms of main financial performance, Netease’s net revenue from online game services in the second quarter was 14.5 billion yuan, a year-on-year increase of 5.1%; Youdao’s net income was 1.3 billion yuan, a year-on-year increase of 107.5%; The net income from innovation and other businesses was 4.7 billion yuan, a year-on-year increase of 26.0%.

Tencent: waiving the exclusive right to license Music Copyright (Interface)

Today, Tencent issued a statement on abandoning the exclusive right to license music copyright, saying that as of August 23, 2021, relevant letters have been sent to all upstream copyright parties of the exclusive agreements reached, informing them that they need to terminate the contract on schedule, and most of the exclusive agreements have been terminated on schedule. On August 23, 2021, the notice on abandoning the exclusive right to license music copyright was sent to the upstream copyright party that failed to terminate the contract on schedule, which explicitly waived the right to exclusively license music copyright with the relevant upstream copyright party, and informed the relevant upstream copyright party that it can authorize other operators on its own.

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

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