China Food

The price of tims coffee and tea has been raised, the price of Nissin instant noodles has been adjusted, Rochester has left as the legal representative of Nestle in Dongguan, Meiji Tianjin factory has been completed, Yurun has been clarified, and Mead Johnson baby is equipped with the first China Europe special train


Hot company information and announcement

 


The price of tea Yan Yue color increased, and most milk tea products increased by 1 ~ 2 yuan


Today, tea yam Yue announced its brand WeChat official account. Since January 7, 2022, most of the brand milk tea products have risen 1 to 2 yuan. The selling prices of “Youlan latte” and “Shengsheng Oolong” will be 17 yuan and 16 yuan. The price of leisurely, floating for half a day, Zheng and paper kite will not rise this time. When talking about the reasons for the price rise, tea Yan Yuese said, “the raw materials and other costs in the market are rising year by year, and the dividends accumulated before can’t bear a series of superimposed costs.” (issued by the company)

The price of tims coffee has been raised after new year’s day

Tim Hortons coffee (hereinafter referred to as “tims coffee”) has completed the price increase after new year’s day, with an adjustment range of 1-2 yuan. Similar to tea Yan Yuese, TIMS coffee staff told the reporter of new consumption Daily: “the price adjustment is mainly due to the consideration of market operation. The price of 9 commodities has been adjusted slightly, ranging from 1-2 yuan, which has kept the price of most products stable as far as possible.” (Financial Associated Press)

Riqing food raises the ex factory price of instant noodles in mainland China

Today, Riqing food announced that it would increase the ex factory price of its main instant noodles in mainland China. The average increase percentage belongs to the number of medium units. It will take effect from March 1, 2022. Its products include Hewei cup noodles, qianyiding (packaging, cup and bowl noodles), Riqing pasta, La Wang, etc. Riqing food said that in the face of the cost pressure caused by the unstable supply of raw materials and soaring prices, the group has been trying to improve production efficiency and reduce expenditure to digest the rising costs. The Group believes that it is time to adjust product prices to more effectively offset cost pressures.

The price of some products of Ligao food increased, with a maximum price adjustment of 8%

LEGO Food Co., Ltd. today issued an announcement on the price adjustment of some products. After study and careful consideration, the company decided to adjust the ex factory prices of some main frozen baked foods and baked raw materials by 3% – 8%. The adjusted prices will be implemented according to the price adjustment notice of each product from January 4, 2022. (surging)

Wahaha responded to the price increase of AD calcium milk: there was no adjustment to the ex factory price of dealers

On January 5, in response to the news of the recent increase in the price of Wahaha AD calcium milk, the relevant person in charge of Wahaha told blue whale finance that Wahaha Group has not adjusted the ex factory price of dealers, but dealers may adjust the price according to their own situation. A few days ago, it was reported that the price of Wahaha AD calcium milk series would rise by 6 yuan / box, and the Guangdong market was the first to start. (blue whale Finance)

 

Mead Johnson China opens the first China Europe special train for baby matching industry


Mead Johnson China announced today in its WeChat official account that a train loaded with 41 containers from Europe, carrying 540 thousand cans of blue and platinum produced by the Holland plant, is expected to arrive in China in January 8th. This “Mead Johnson China Europe special train” is the first special train in the baby matching industry. (issued by the company)

 

Meiji dairy Tianjin factory project delivery


Recently, Meiji dairy Tianjin factory project successfully achieved the established goal and was completed and delivered on schedule. Meiji dairy Tianjin plant is expected to be officially put into operation in 2023, and its sales will reach 1.71 billion yuan by 2027. The project covers an area of about 53700 square meters with a total investment of about US $300 million. It is mainly used to produce cold fresh milk, yogurt, cream and other products. The project is invested and constructed by Meiji dairy (Tianjin) Co., Ltd. and is the second dairy production and manufacturing plant invested and constructed by Meiji holdings in China. (TEDA, Tianjin Economic Development Zone)

Xiamen Swire Coca Cola new production line and product warehouse expansion project completed


Yesterday, the completion ceremony of Xiamen Swire Coca Cola’s new production line and product warehouse expansion project was successfully held. The advanced German KHS “digital production line” introduced by Xiamen Swire Coca Cola Beverage Co., Ltd. this time can produce up to 15 bottles per second, 900 bottles per minute and 54000 bottles per hour, 3000 bottles / hour higher than the existing production line, and produce up to 1296000 bottles of Coca Cola series drinks a day. (global view information)

Change of legal representative of Dongguan Nestle Co., Ltd


Recently, industrial and commercial data show that Dongguan Nestle Co., Ltd. has changed its personnel, and its legal representative has been changed by Rochester. Why Wenlong. (snack generation)

 

Rosen entered South China and received Tianhong Weiwo convenience store for 310 million yuan


Department store listed company Tianhong Co., Ltd. recently issued an announcement to disclose the progress of listing and transferring 100% equity of Tianhong Weiwo convenience store (Shenzhen) Co., Ltd. According to the confirmation letter of transfer qualification issued by Beijing Equity Exchange, Rosen (Guangdong) convenience Co., Ltd. was finally determined as the transferee of 100% equity of Tianhong Weiwo, with a transaction price of RMB 310 million. So far, Rosen convenience store has officially entered South China. (Interface)

Keming food: in the future, we will not rule out the industry layout with strong synergy with the main business, such as condiments


Keming food said on the interactive platform today that the company currently produces and sells steamed buns, steamed buns and other non noodle products. In the future, it will not rule out the industry layout with strong synergy with the company’s main business, such as condiments and prefabricated dishes. (36 krypton)

Yili shares intend to issue ultra short-term financing bonds of no more than 4 billion yuan


Recently, Inner Mongolia Yili Industrial Group Co., Ltd. announced that it plans to issue 2-4 billion yuan of 55 day unsecured ultra short-term financing bonds, and the funds raised are used to supplement the working capital of the company’s headquarters and its subsidiaries and repay interest bearing debts. (tonghuashun Finance)

 

Yurun clarified that the vote on the merger and reorganization of 44 subsidiaries is still in progress


Yurun Food issued an announcement yesterday to clarify that the voting process on the reorganization plan of 44 subsidiaries’ substantive merger and reorganization is still in progress. The announcement pointed out that the adoption of the Yurun reorganization plan referred to in relevant media reports involves another independent reorganization case, rather than the substantive merger and reorganization of 44 relevant subsidiaries. (Ming Pao)

 

China Resources Wufeng meat and Ningbo agriculture and sidelines plan to jointly invest in the establishment of a joint venture


Yesterday, the General Administration of market supervision and administration disclosed the case of a new joint venture between China Resources Wufeng meat investment (Shenzhen) Co., Ltd. and Ningbo Agricultural and sideline products logistics center Co., Ltd. According to the news, China Resources Wufeng meat investment (Shenzhen) Co., Ltd. (“Wufeng meat”) and Ningbo Agricultural and sideline products logistics center Co., Ltd. (“Ningbo Agricultural and sideline products”) plan to jointly invest and establish a joint venture (“joint venture”) to engage in the operation of frozen products wholesale market and the development and leasing of cold storage in China. Wufeng meat and Ningbo Agricultural and sideline hold 51% and 49% of the equity of the joint venture respectively and jointly control the joint venture. (General Administration of market supervision and Administration)

 

Ganyuan food set up an Internet sales subsidiary with 20 million yuan


Ganyuan food announced yesterday that it plans to use its own capital of 20 million yuan to invest and set up a sales subsidiary in Hangzhou, Zhejiang Province. The sales subsidiary is called “Hangzhou Chun’an Ganyuan Food Sales Co., Ltd.” its business scope includes food Internet sales and artificial intelligence basic software development. Gan Yuan Food said that the establishment of Hangzhou sales subsidiary is conducive to optimizing resource layout and business development, and can promote the common development of the company’s business online and offline. (Beijing business daily)

 

Mengniu Fangding established a dairy sales company in Zhongshan City with a registered capital of 1 million yuan


Recently, Inner Mongolia Mengniu Fangding Industrial Management Co., Ltd. added foreign investment, and the investment enterprise is Zhongshan Sales Co., Ltd. Zhongshan Mengniu Dairy Sales Co., Ltd. was established on December 29, 2021. Its legal representative is Liu Qianxiang, with a registered capital of 1 million yuan. Its business scope includes food sales (only pre packaged food). (Leju Finance)

For example, three coffee shops have been opened in Shanghai


Recently, ShouLv Rujia hotel group, such as coffee, has opened three stores in Shanghai and four stores in Shanghai. (issued by the company)

 

Wang Laoji’s new version of “Baijiaxing” has previously registered the trademark of “x Laoji”


Wang Laoji, a herbal tea brand, recently launched the “version of hundred family names”. In addition to the original “Wang Laoji”, netizens can also choose “Laoji” cans with other family names, including “Meng Laoji”, “Zhou Laoji”, “Ouyang Laoji”, “ZHUGE Laoji”, etc. (surging News)

 

Yili milk Jindian launched 0 aluminum foil low-carbon sterile paper-based composite packaging


Recently, Yili milk Jindian launched 0 aluminum foil low-carbon sterile paper-based composite packaging. This is the environmental protection package launched by Yili milk Jindian again after the launch of plant-based dream cover and “Shengduo protection limited edition”. (financial sector)

Cuihua promotes its own takeout brand “Kuai Cui delivery” website


Cuihua, a chain of tea restaurants, announced yesterday that it had launched its own takeout brand “Kuai Cui delivery” website in Hong Kong to provide takeout and pick-up services. The group said that the service can now be used in some stores and is expected to be extended to all branches in the first quarter of 2022. (Ming Pao)

KFC will launch beyond meat vegetarian fried chicken in the United States


KFC said yesterday that it would sell beyond meat vegetarian fried chicken in the United States within a limited time from January 10. Previously, KFC began to test market beyond’s vegetarian chicken in Atlanta in August 2019 and expanded to more regions the following year. (Zhitong Finance)

 

Yizi launches plant-based cheese


According to the Convention yesterday, in order to meet the growing demand for vegetarian cheese substitutes, Yizi International launched the first plant-based cheese product Philadelphia plant based under its cheese brand Philadelphia, which will be on the shelves this month at a price of £ 2.50/150g. (The Convenience)



 

Quick reading of food industry information

 

 

Guangdong has become the only province with more than 100 IPO enterprises in China in 2021


21st Century Business Herald reported today that in 2021, the number of IPOs of Chinese enterprises reached 669, an increase of 16.3% over 575 in 2020. Overall, Guangdong, Zhejiang, Jiangsu, Shanghai and Beijing are the headquarters of IPO Chinese enterprises, accounting for nearly 70% of the number of IPO enterprises. Among them, Guangdong ranks first with 106, and is also the only province in China with a total number of IPO enterprises exceeding 100. (21st Century Business Herald)

 


The General Administration announced 13 administrative punishment cases: the punishment amount was 6.5 million yuan, involving Tencent, Alibaba, station B and other enterprises

The website of the State Administration of Market Supervision announced 13 administrative punishment cases involving Tencent, BiliBili, Alibaba, jd.com and other related enterprises. Among them, due to the illegal implementation of business concentration, Tencent was fined 4.5 million yuan, Alibaba related companies were fined 1 million yuan, BiliBili was fined 500000 yuan, and JD related companies were fined 500000 yuan. It is worth noting that there are up to 9 administrative punishment cases related to Tencent. Details of the case are as follows: (blue whale Finance)

Tencent plans to reduce 14.49 million class A shares of sea limited


According to Tencent’s official website on January 4, Tencent announced today that it was conducting a transaction to reduce its 14492751 class A shares of sea limited, reducing Tencent’s equity in sea from 21.3% to 18.7%. Together with the proposed change in voting rights of shares, the voting rights held by Tencent in sea are expected to be reduced to less than 10%. According to public information, Singapore Donghai group (Sea Limited) owns three business segments: e-commerce platform shopee, video game platform Garena and seamoney. (Interface)

 

Kwai Fu and then layoffs: covering four major business units, individual teams lay off 30%.


Yesterday, many fast hand internal staff said that Kwai Kwai opened a larger layoff from the end of last year, covering many business departments such as electricity providers, algorithms, internationalization, commercialization, games, A stations, etc., and the proportion of individual teams laid off was 30%. The layoffs have been Kwai done and have not yet been answered as of press release. Kwai has responded to layoffs, rumored to be a routine “business optimization”. (surging News)


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