China Food

The price of some products of Dongpeng beverage license will be raised, and the total production capacity of the five factories of Yuanqi forest will exceed 5 billion bottles. Wangwang Fazhong reported that the price of general mills will rise in the United States next year, and the food enterprises involved in the interruption of the supply chain will be investigated in the United States

Hot company information and announcement


Price increase of some products of Dongpeng beverage license


At today’s investor reception, Dongpeng beverage said that the national marketing headquarters and the direct sales headquarters will adjust the ex factory price of 500ml golden bottle special drink, 355ml plus sugar, 335ml 0 sugar and 500ml orange lemon tea from 79 yuan to 80 yuan in the new sales fiscal year; Other products have not changed. The company said that the existing price system is relatively perfect. In the future, it will gradually launch new products to enrich the company’s product type and structure. At that time, it will also make reasonable pricing according to the market situation. (snack generation)

Dongpeng beverage established a new company in Zhejiang


Industrial and commercial information shows that Zhejiang Dongpeng vitamin Beverage Co., Ltd. was established on November 29. The registered capital is RMB 100 million, and Liu Meili is the legal representative and executive director. The company’s business scope includes beverage production, food production, wine products production, food sales, etc. The company is 100% controlled by Dongpeng beverage (Group) Co., Ltd. (snack generation)


The total production capacity of five factories of Yuanqi forest will exceed 5 billion bottles


The fourth Hubei Xianning plant invested and built by Yuanqi forest recently officially entered the stage of equipment installation and commissioning, mainly for central China, and is expected to be put into operation as soon as the end of this year. The fifth factory of Yuanqi forest has also broken ground in Dujiangyan, Sichuan, and is expected to be put into operation next spring. Up to now, the five factories of Yuanqi forest plan to invest a total of 5.5 billion yuan, cover a total area of more than 1000 mu, and have a total capacity of more than 5 billion bottles after all put into operation. (people’s daily)


“China will soon have 1000 yuan a bottle of beer”


In a recent interview, Hou Xiaohai, general manager of China Resources snowflake beer, said that the price band products from 10 yuan a bottle to 30 yuan a bottle are the main force of China’s high-end beer. For higher priced beer products, Hou Xiaohai predicts that China will soon have 1000 yuan a bottle of beer. (Snow Beer official account)


Supplementary announcement on the acquisition of dairy goats by the original ecological animal husbandry development


Following the previous announcement that it planned to purchase dairy goat assets of RMB 131 million, on November 29, the supplementary announcement issued by the original ecological animal husbandry showed that according to the valuation report, the valuation of the relevant acquired assets on July 31, 2021 was RMB 131 million, and the valuation was carried out on the basis of fair value using book value and market method. According to the information provided by green energy animal husbandry, the unaudited total book value of relevant assets is 155 million yuan. (company announcement)


China Wangwang’s total revenue in the first half of the fiscal year hit a new high since its listing


Today, according to the interim results released by China Wangwang, the total revenue in the first half of fiscal year 2021 increased by 10.5% over the same period last year to RMB 11.382.6 billion, a new high in the first half of the year since listing. The revenue of the core product “Wangzai milk” increased by 23.9%, of which the year-on-year growth in the first and second quarters of the fiscal year exceeded 20%. (company announcement)


The medium-term income of great joy increased by 16.4%


Today, joy announced its interim results. For the six months ended September, the company recorded revenue of nearly HK $1499 million, an annual increase of 16.4%. In the first half of the fiscal year, the profit of big happy reached HK $52.493 million, a year-on-year decrease of 19.2%. Big happiness means that the total sales and customer flow in the first half of this year have increased significantly compared with the same period last year, and have returned to the level before the epidemic, reversing the decline in sales last year. In mainland China, the recovery rate of branch stores was slower than that in Hong Kong. During the period, a new store was opened in Guangzhou. (Hong Kong Economic Daily)


The medium-term income of Yinji group decreased by 85.1% year-on-year


Today, Yinji group released its interim results for the six months ended September 30, 2021. During the period, the group achieved revenue of about HK $100 million, a year-on-year decrease of 85.1%; The gross profit during the period was about HK $4.6 million (the same period in 2020: about HK $174.9 million). The novel coronavirus pneumonia was mainly due to a significant decrease in sales volume during the period of the impact of the new crown pneumonia.


Ning Hongwei, vice president of Shuanghui development, resigned


On November 29, Shuanghui development announced that the board of directors of Henan Shuanghui Investment Development Co., Ltd. received a written resignation report submitted by Ning Hongwei, vice president of the company. Ning Hongwei applied to resign as vice president of the company for personal reasons, and the company will make other arrangements after his departure. (company announcement)


Xi tea promotes city limited products in 14 places


It is reported that Xi’an, Jinan, Changsha, Zhongshan, Shenzhen and Chongqing have concentrated on new products. Based on the city’s characteristic Cuisine, Xi tea refines its core elements or core ingredients, and carries out creative matching in the form of new tea. At the same time, local people will be invited to participate in the product testing process to find the authentic experience recognized by local people. At present, Xicha has presented 18 city limited products in 14 cities. (Beijing News)


Yoshino responded by using smelly meat foam


On November 29, an online video showed that Yoshinoya stores used expired cabbage and spinach to make products, and there were some problems, such as the meat foam for making Mapo Tofu had become smelly and sour, there was no detection standard for oil, the continued use of old oil with new oil, and the hygiene of back kitchen was worrying. On the same day, Yoshino microblog responded that the store was not within its operation scope, but a self inspection working group had been established to carry out self inspection and self correction. (Beijing daily client)


New hope: the company does not involve yuan universe business for the time being


New hope said on the investor interaction platform today that the company is not involved in yuanuniverse business for the time being. (Wind)


Xianmeilai, a prefabricated aquatic food company, plans to IPO


On November 29, xianmeilai Food Co., Ltd. disclosed the prospectus (application draft). The number of shares issued by xianmeilai Food Co., Ltd. this time does not exceed 20 million. The funds raised this time are used for projects including marine food industrialization project, frozen food sub packaging, refrigeration and logistics distribution project (phase II). The company’s main business is the R & D, production and sales of prefabricated dishes of aquatic products. Its main products include instant cooked prefabricated dishes dominated by shrimp slip and instant prepared dishes dominated by shrimp and sashimi. (Daily Economic News)


Nongfu mountain spring newly added liquor flavor carbonated beverage patent


Industry and commerce information shows that nongnongshanquan added a new patent information today, including a new patented liquor flavor carbonated beverage. (snack generation)


Modern animal husbandry investment in Ningxia fuminfeng animal husbandry


Industry and commerce information shows that on November 25, modern animal husbandry increased foreign investment, and the investment object is Ningxia fuminfeng Animal Husbandry Development Co., Ltd. (snack generation)


Wang Zhihe sets up a new company in Beijing


Industrial and commercial information shows that on November 25, Beijing Wangzhihe Food Co., Ltd. was established. The registered capital is RMB 100 million, and Chen Hongxuan is the legal representative and executive director. The company’s business scope includes food production, food business (only selling prepackaged food), grain purchase, etc. The company is 100% controlled by Beijing ershang Wang Zhihe Food Co., Ltd. (snack generation)


Meituan affiliated companies were fined for failing to review the license of online food operators


According to the website of Shanghai Municipal Bureau of supervision, the Shanghai Branch of Beijing Sankuai Online Technology Co., Ltd., an affiliated company of meituan, was sentenced to confiscate its illegal income, impose a fine of 200000 yuan and order it to make corrections because it failed to review the license of online food operators and fulfill its obligation to stop providing online trading platform services. (Shanghai Municipal Bureau of supervision)


HEMA Jiading third branch was punished for allegedly selling substandard net food


According to the website of Shanghai Municipal Bureau of supervision, the third branch of Jiading of Shanghai HEMA Network Technology Co., Ltd. was fined 457600 yuan and ordered to make corrections by Shanghai Municipal Bureau of supervision for the unqualified net content of nobody crispy crisps sold. (Shanghai Municipal Bureau of supervision)

Duo Maomao completed nearly 100 million yuan of a + round financing


Recently, duomaomao, a children’s snack brand, completed nearly 100 million yuan of a + round financing, led by Wen’s capital and followed by Heiner Asia venture capital fund sig. This is the third financing completed by the brand this year and the fifth round of financing since the establishment of the brand. (Interface)


The revenue of plant-based nutrition enterprises invested by Jianhe soared in the third quarter


Else nutrition, an Israeli plant-based enterprise invested by Jianhe, announced its third quarter results as of September 30, 2021 on November 29. Revenue for the quarter was $1173000, up 210% from $376000 in the third quarter of 2020. In addition, the company has also completed the development of two new product lines – Super cereals for infants over 6 months old and a ready to drink product for children. These products will be launched in the United States in early 2022. (issued by the company)

Ferrero will acquire the remaining shares of icfc, a Spanish ice cream company


Italy Ferrero group recently announced that it has reached a final agreement on the acquisition of the remaining shares of Spain ice cream factory comaker (icfc) and related group companies. The transaction is expected to be completed by December 2021. (ESM)


General mills will raise prices in the United States next year


General mills will raise the prices of dozens of its products early next year, CNN reported. General Mills informed retailers in mid January that it would raise the prices of dozens of brands, including Annie’s, Progresso, Yoplait, fruit roll UPS, Betty Crocker, Pillsbury, cherios, cinnamon toast crunch, Reese’s puffs, etc. A letter sent by general mills to wholesale suppliers last week showed that the prices of some products would rise by about 20% from next year. (CSP)


Kraft Heinz completed the sale of some cheese business to the subsidiary of lantris


Kraft Heinz announced today that it has completed the sale of some assets of its global cheese business and has licensed Some trademarks to a subsidiary of France’s lantris group for a total consideration of about US $3.3 billion. The transaction involves stripping Kraft Heinz’s natural cheese, crushed cheese and flavor cheese businesses in the United States, Canada and other countries and regions. (issued by the company)


Arla unveils new whey separation technology


Recently, Arla foods ingredients unveiled its new milk fractionation technology. This technology can separate whey without producing cheese and significantly improve the yield. Whey is usually made from cheese. At present, the above new technologies have been used to produce Arla foods baby and my organic milk powder. Arla foods ingredients is also expected to launch its first organic self owned brand baby matching solution in 2022. (issued by the company)


Yizi international appointed ertharin cousin as a member of the board of directors


On November 29 local time, Yizi International announced the appointment of ertharin cousin, founder, chairman and CEO of food systems of the future Institute, as a member of the company’s board of directors, which will take effect on January 1, 2022. Cousin has more than 30 years of experience in the global food industry. It has worked in government, non-profit organizations and enterprise departments. At present, it is also a member of Bayer’s board of directors. (issued by the company)


Brett Biggs, Wal Mart’s chief financial officer, will leave next year


Wal Mart said yesterday that Brett Biggs would resign as chief financial officer next year. Wal Mart said that Brett Biggs would remain in office until the group announced his successor and continue to serve as a director of the group’s financial start-up branch until January 2023. (Reuters, Glenn exchange)


Budweiser group explores the recycling of grains to obtain prebiotics


A new study by Budweiser group found that the waste grain produced by beer brewing may provide a new source of prebiotics. The study found that arabinoxylan in waste grains may increase the level of bifidobacteria in human intestine. Therefore, the company is trying to upgrade and reuse the grains used by the brewery to obtain prebiotics. (food navigator)


Wide open plans to raise a $20 million to build a vegetable milk factory


Wide open agriculture Ltd disclosed to the market after the resumption of trading yesterday that the company’s private placement plan has received strong support from institutional investors and senior investors, and is expected to raise a $20 million. According to the announcement, the funds obtained from the fund-raising will be used to support the company to accelerate its entry into the field of plant-derived food and beverage and plant protein, including the construction of a plant-derived milk beverage plant in Australia and the upgrading of the production capacity of the existing lupin plant protein pilot plant. (Aohua Finance Online)


Quick reading of food industry information


US Federal Trade Commission investigates supply chain disruption


On November 29 local time, the Federal Trade Commission announced that it would investigate the interruption of the supply chain and ordered nine large enterprises to provide relevant details. The U.S. Federal Trade Commission said it had asked Wal Mart, Amazon, Kroger, C & s wholesale foods, United wholesale groceries, Berkshire Hathaway, P & G, Tyson Foods and kraft Heinz to provide relevant information within 45 days after receiving the decree. (CCTV News)

Uber eats will terminate its operations in Hong Kong


Uber eats announced today that it will terminate the operation of Uber eats platform in Hong Kong at 11:59 p.m. on December 31, 2021, focus more on Uber’s local travel platform services, and make every effort to expand Uber’s largest Uber taxi market in the world. Looking forward to the future, Uber will continue to invest resources to integrate innovative technology into the transportation network of Hong Kong and serve more passengers and drivers. (Hong Kong Economic Daily)

There are more than 1000 catering related associations in China, the most in Sichuan


Relevant data show that there are 1140 catering associations in China. In 2020, 87 new companies were added, with a year-on-year decrease of 12.12%. Sichuan is the province with the largest number of catering associations in China, with a total of 114 catering associations. Zhejiang Province and Henan Province have 83 and 67 catering associations respectively. Followed by Guangdong, Yunnan and Shandong. (First Finance)

Meituan intelligent transportation platform split

Recently, meituan split the intelligent transportation platform established less than a year ago. The two business divisions of taxi and unmanned vehicle distribution under the platform are independent, which are respectively in the charge of Zhang Xingyuan and Xia Huaxia, both of whom report to CEO Wang Xing; Visual intelligence is merged into the basic R & D platform; Map back to meituan platform. (latepost later)

U.S. Internet performance was flat on Monday

U.S. online sales were flat during the “online Monday” period because smaller discounts have brought less consumption power to shoppers, but analysts say sales may be slightly higher than last year when West Coast shoppers end their purchases at night. U.S. consumers have been eager to return to stores, and many large retailers, discount chains and department stores saw a surge in traffic on Black Friday. (Wall Street Journal)

SF city plans to issue 131 million H shares
through Hong Kong IPO


SF city announced on the Hong Kong stock exchange that it plans to issue 131 million H shares through the Hong Kong IPO, including 13118200 Hong Kong shares, about 118 million international shares and 15% over allotment. The offering price will not exceed HK $17.96 per share. It is expected to be listed on the Hong Kong stock exchange on December 14, 2021. (36 krypton)


Liu qiangdong and Zhang Zetian set up a private fund management company


According to tianyancha app, Hainan Sanya Tianbo industry private equity fund management Co., Ltd. was established on November 29, with a registered capital of 10 million yuan and legal representative Yang Shiyi. The business scope includes general projects, private equity investment fund management and venture capital fund management services. The equity penetration chart shows that the company is jointly held by Zhang Zetian, Liu qiangdong and Li Ruiyu. (interface News)

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