China Food

Pan Gang said he fully supported the development of Aoyou. Red Bull’s cumulative output exceeded 50 billion cans. Green Monday was accused of seeking financing of US $100 million. Ali’s management made a major adjustment and Leica coffee shop appeared


Hot company information and announcement

 

Pan Gang: we will fully support the development of Aoyou and increase investment in sheep milk powder and other fields


On the afternoon of December 4, Zhang Qingwei, Secretary of Hunan provincial Party committee, met with Pan Gang, Secretary of the Party committee, chairman and President of Yili Group in Changsha. Zhang Qingwei hopes that Yili Group will strengthen its corporate responsibility, adhere to seeking progress while maintaining stability, strengthen strategic cooperation with Aoyou dairy, cultivate and build a high-quality milk source base, and strengthen quality and safety management. Pan Gang said that Yili Group has formed a complete business operation system in Hunan and will fully support the development of Aoyou in the future, increase support investment in sheep milk powder and other fields, and achieve a higher level of mutual benefit and win-win results. (Hunan Daily)

Green Monday is said to be seeking to raise about $100 million

 

According to people familiar with the situation, green Monday, a Hong Kong plant meat company invested by Swire, is cooperating with Bank of America to seek to raise about US $100 million in new funds. (Bloomberg)

Ruixing

This evening, Ruixing coffee said that in the past year, the company’s new leadership has taken many actions to stabilize and strengthen the company’s business. The purpose of the upcoming extraordinary general meeting of shareholders is to allow the shareholders of the company to consider and approve some resolutions as appropriate, restrict some former managers and directors from acquiring equity of the company, or directly or indirectly affect their development direction, so as to protect the long-term viability of the company, rather than to prevent truly independent parties from becoming shareholders of Ruixing coffee. (company announcement)

Red Bull


On December 5, the cumulative output of Red Bull Vitamin functional beverage exceeded 50 billion cans. The cumulative output of each of the four production bases in Huairou, Beijing, Xianning, Hubei, Foshan, Guangdong and Yixing, Jiangsu exceeded 10 billion cans. By 2021, Red Bull has completed the production layout of middle schools in Southeast and Northwest China, and the annual production capacity of functional drinks has reached 5.6 billion cans; Five regional sales headquarters and 39 business units were established nationwide, more than 4 million sales outlets were expanded, and 600000 core terminals were formed. (issued by the company)

HEMA Shanghai online app launched “nail cutting price”, which is said to be a normal preferential behavior


Today, HEMA online app (Shanghai) launched the “nail cutting price” to offer discounts for online products, covering hundreds of products, including fruits and vegetables, seafood, aquatic products, meat, eggs and poultry. HEMA responded that “cutting the nail price” means cutting the price decisively. It is only a normal preferential behavior in the Huimin season at the end of the year, giving back to consumers and making contributions to stabilizing the price and ensuring supply.

 

Happy tea launches “happy tea inspiration body”


Today, Xi tea released the first customized font in the tea industry designed jointly with Founder font library: Xi tea inspired font. Complete font


Haohuan snail: confirm that all production links meet the standards


Today, haohuan snail released a statement on the “insect egg incident” on its microblog, saying that the company has conducted a comprehensive inspection on the batches of products involved in the lawsuit and other specifications of products in the same period, and confirmed that all production links comply with food safety and quality and hygiene standards, and no abnormalities were found. (issued by the company)


The first female coffee baking master was announced on the 4th anniversary of Starbucks’ selection of Shanghai baking workshop


On the occasion of the fourth anniversary of the opening of Starbucks Zhenxuan Shanghai baking workshop, Li Jiahui, one of the first batch of eight Coffee Roasters, officially became the first master roaster in Starbucks international market and the first female roaster in Starbucks in the world. This indicates that Li Jiahui’s coffee production team in Shanghai baking workshop has become the mainstay of Starbucks China’s refined coffee bean supply chain. (issued by the company)

 

The largest single investment project of Swire Coca Cola in China will be officially put into operation in 2023


Recently, Xu Yonggang, director and general manager of Zhengzhou Swire Coca Cola Beverage Co., Ltd., said that the expansion and reconstruction project of Zhengzhou Swire Coca Cola Beverage Co., Ltd. covers an area of about 186 mu, with an annual maximum capacity of 1 million tons. The expansion and expansion project will be officially put into operation in 2023. This is the largest single investment project of Swire Coca Cola in China, with a commitment of no less than 900 million yuan. (Economic Observer network)

 

Thomson Beijian nutrition science research fund has invested more than 60 million in 10 years


On December 5, Thomson Beijian held the 2021 Thomson Beijian scientific nutrition conference and the 10th anniversary academic forum of the foundation in Guangzhou. It is reported that since its establishment 10 years ago, Thomson Beijian nutrition science research fund has funded a total of about 62 million yuan of scientific research projects from colleges and universities across the country, and has carried out more than 80 scientific research projects with expert teams in various fields. (Red Star News)

 

The first Leica coffee shop in mainland China unveiled in Shenzhen

 

Recently, the world’s fifth caf é Leitz Leica coffee shop, the first in mainland China, entered Shenzhen Luohu Vientiane city. The store integrates Leica camera shop, Leica photography academy and Leica coffee shop. (issued by the company)

 

Jingliang holdings plans to temporarily supplement working capital with idle raised funds of no more than 390 million yuan


Jingliang holdings announced that the company held a meeting on December 3, 2021 and agreed to use some idle raised funds of no more than 390 million yuan to temporarily supplement working capital for the daily operation of the company, with a service life of no more than 12 months from the date of deliberation and approval by the board of directors. (gelonghui)

 

Yanghe shares: deferred payment of due principal and income of relevant trust plans of Evergrande


Yanghe Co., Ltd. announced on the evening of December 3 that Yanghe investment, a wholly-owned subsidiary of the company, received documents from CITIC Trust, which showed that “the trust has not yet received the repurchase principal and premium payable by the debtor Guiyang New World Real Estate Co., Ltd.” Previously, Yanghe investment subscribed for “Evergrande Guiyang new world collective fund trust plan, No. 118, CITIC Trust · Jiahe”. According to the announcement, Yanghe investment received a total of 117 million yuan of trust product principal and 13.4114 million yuan of investment income, and the remaining 72.5135 million yuan of trust product principal and 95 million yuan of investment income after June 21, 2021 were not recovered in time. (China Securities Network)

 

Beinmei plans to push the third phase of employee stock ownership plan


On December 3, beinmei announced the third phase of the employee stock ownership plan (Draft), in which no more than 2.48 million shares were repurchased at a price of 4.5 yuan / share. The total number of shares held by the ESOP shall not exceed 10% of the total share capital of the company, and the total number of shares corresponding to the ESOP shares held by a single employee shall not exceed 1% of the total share capital of the company. (gelonghui)

 

Feihe dairy takes over Heilongjiang Jiachun Trading Co., Ltd


Industry and commerce information shows that on December 3, Heilongjiang Feihe Dairy Co., Ltd. added a new foreign investment. The investment enterprise is Heilongjiang Jiachun Trading Co., Ltd., with an investment proportion of 100%. Heilongjiang Jiachun Trading Co., Ltd. was established in 2015 with a registered capital of 1.8 million yuan and the legal representative is Wei Jing. Its business scope includes the sales of hardware and electrical equipment, electronic products, general merchandise, computer software and accessories, and infant clothing. (snack generation)

 

The two centers are located in Yili modern wisdom and health valley


Recently, the “national dairy industry measurement and testing center” jointly built by the measurement and Testing Institute of Inner Mongolia Autonomous Region and Yili Group and China’s first “dairy vocational training and Certification Center” jointly established by Yili Group, China Dairy Association and China Dairy Association have also settled in Yili modern smart health valley. (issued by the company)

 

Budweiser Foshan was selected as a digital and intelligent demonstration factory and won a reward of 10 million yuan


Recently, Budweiser (Foshan) Beer Co., Ltd. was selected as the digital and intelligent demonstration factory in Foshan in 2021, and received a one-time reward of 10 million yuan. Budweiser (Foshan) Beer Co., Ltd. is by far the largest single brand production factory of Budweiser in the world. The annual production of Budweiser brand beer accounts for 20% of the world. It is mainly supplied to Guangdong market and some markets such as Hainan. It is also exported to Hong Kong, China and Southeast Asia. (Foshan Sanshui District Government Network)

 

Bingfeng beverage received initial feedback from CSRC


On December 3, Xi’an Bingfeng Beverage Co., Ltd., which impacted a shares, recently received the initial feedback from the CSRC, and the listing took another step. According to the prospectus, the main business of Bingfeng beverage is the R & D, production and sales of orange flavor soda and sour plum soup. The main products are “Bingfeng” glass bottle orange flavor soda, canned orange flavor soda, glass bottle sour plum soup, canned sour plum soup, etc. (Beijing business daily)

 

85 degree C suspected of false publicity and fined 200000 yuan


The 85 degree C store of Jinwei (Shanghai) Catering Management Co., Ltd. publicized and sold the “low card package” in various forms, but the actual energy content of the package far exceeded the content requirements specified in the national standard for the claim of low energy content. It was suspected of false or misleading business publicity, and was fined 200000 yuan by Shanghai Jiading District market supervision and administration, And order to stop the illegal act. The date of punishment decision is November 25. (Shanghai Municipal Bureau of supervision)

Danone and xinlaite participate in the research project on soil health and renewable agriculture in New Zealand

 

Xinlaite reported today that it cooperates with Danone, research institution AgResearch and other institutions for soil health and renewable agriculture in New Zealand. Within five years, the cooperative project will study the soil health status of 10 farms in Waikato, Canterbury and Otago, New Zealand, and study the impact of soil change on production, farm resilience and environment (including climate change). The New Zealand government provided a financial support of NZ $2.8 million for the research, and Danone and xinlaite also invested NZ $1 million. (issued by the company)


Quick reading of food industry information

 

Alibaba management adjustment, CFO change

 

Today, Zhang Yong, chairman of Alibaba’s board of directors and CEO, issued an internal letter announcing that the company upgraded its “diversified governance” system and appointed Dai Shan and Jiang Fan to be responsible for the newly established “China digital commerce” and “overseas digital commerce” respectively. The appointment will take effect on January 1, 2022. Ali also announced that Wu Wei will no longer serve as the group’s chief financial officer (CFO) from March 31, 2022, and will be replaced by Toby, the group’s deputy chief financial officer (Deputy CFO). (surging News)

What are the “China digital commerce” and “overseas digital commerce” segments?

In the internal letter, Zhang Yong announced that he would integrate the businesses of big Taobao (including Taobao, tmall and Ali’s mother), B2C retail business group, taocai, taote and 1688 to jointly form a “China digital commerce plate”, which is in the charge of Dai Shan, President of the group, and continue to play Alibaba’s leading role in China’s consumption field. At the same time, it integrates the two overseas businesses of global express and international trade (icbu), as well as several subsidiaries facing overseas markets such as lazada, to form an “overseas digital commerce sector”, which is in the charge of the group president Jiang Fan, so as to achieve more innovation in the development of overseas markets. (Reuters)

The annual grain output reached a new high and remained above 1.3 trillion Jin for seven consecutive years


According to the national grain production data released by the National Bureau of statistics, the total national grain output in 2021 was 1365.7 billion kg, an increase of 26.7 billion kg or 2.0% over the previous year. The annual grain output reached a new high and remained above 1.3 trillion kg for seven consecutive years. Among them, the output of autumn grain was 1017.8 billion kg, an increase of 19.1 billion kg or 1.9% over the previous year. (Securities Times)

 

The bagel industry in New York is facing the biggest crisis in history


The Global Times quoted the New York Times on December 5 as saying that due to the shortage of cream cheese, the bagel industry in New York is facing “the biggest crisis in history” because cream cheese is a necessary ingredient for this special snack. Some dairy distributors that supply cream cheese say they have not encountered such a large shortage of raw materials in 30 years. Insiders said that the lack of raw materials will also affect the whole baking industry. (World Wide Web)

 

13 batches of unqualified food notified by the General Administration


On December 3, the State Administration of Market Supervision issued a notice on the unqualified sampling inspection of 13 batches of food, and detected that 13 batches of samples of 7 categories of food, such as catering food, edible agricultural products, convenience food, bee products, vegetable products, fruit products and condiments, were unqualified. The specific nonconformities are as follows. (State Administration of market supervision and Administration)


The annual import and export volume of cross-border e-commerce at Guangzhou Baiyun Airport Port exceeded 100 billion for the first time
According to the statistics of Guangzhou Customs, as of December 5, the annual import and export volume of cross-border e-commerce at Guangzhou Baiyun Airport Port exceeded RMB 100 billion for the first time, becoming the first airport port in China with an annual import and export volume of cross-border e-commerce exceeding RMB 100 billion. Data show that the value of exports exceeded 90 billion yuan, a significant year-on-year increase of 170%. (CCTV)
The central bank’s RRR reduction released a total of about 1.2 trillion yuan of long-term funds

The central bank announced today that it decided to reduce the deposit reserve ratio of financial institutions by 0.5 percentage points on December 15, 2021 (excluding financial institutions that have implemented the 5% deposit reserve ratio). The RRR reduction is a comprehensive RRR reduction, releasing a total of about 1.2 trillion yuan of long-term funds. The central bank said that the orientation of prudent monetary policy has not changed. The RRR reduction is a routine operation of monetary policy. Some of the released funds will be used by financial institutions to repay the due medium-term loan facility (MLF), and some will be used by financial institutions to supplement long-term funds to better meet the needs of market players. (guangming.com)

CSRC: fully respect the legal compliance of enterprises and independently choose the place of listing


针对美国证监会公布的《外国公司问责法》实施细则,个别企业宣布启动自美退市工作的情况,12月5日,中国证监会表示和相关监管部门始终对企业选择境外上市地持开放态度,充分尊重企业依法合规自主选择上市地。近期,个别媒体报道中国监管部门将禁止协议控制(VIE)架构企业赴境外上市,推动在美上市中国企业退市,这完全是误解误读。(中国证监会公众号)


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