China Food

Wen’s shares lost more than 13 billion in advance, Guangzhou Shengli filed for bankruptcy, Nestle, Unilever and Danone were accused of still raising prices, 11 platforms such as meituan and hungry were administratively guided, and spac was “dead line”

Hot company information and announcement


Wen’s shares are expected to lose more than 13 billion yuan in 2021


On January 21, Wen’s shares issued the performance forecast for 2021, with an estimated loss of 13-13.8 billion yuan and a profit of 7.426 billion yuan in the same period of last year, a year-on-year decrease of 275.06% – 285.84%; After deducting non profits, the estimated loss is 14.3 billion – 15.1 billion yuan, and the profit in the same period of last year is 6.381 billion yuan, a year-on-year decrease of 324.09% – 336.62%. During the reporting period, the company sold 13.2174 million pigs (including hairy pigs and fresh products), and the average sales price of hairy pigs was 17.39 yuan / kg, a year-on-year decrease of 48.18%. (company announcement)


Xu Baoyi, former deputy general manager of COFCO, was examined and investigated


Xu Baoyi, former member of the Party group and deputy general manager of China Grain Reserve Management Group Co., Ltd., is suspected of serious violation of discipline and law. At present, he is undergoing disciplinary review and supervision investigation by the Central Commission for Discipline Inspection and the State Supervision Commission. (Xinhua News Agency)

Guangzhou Shengli submitted a bankruptcy application to Guangzhou intermediate court


Hong Kong Shengli beer recently announced that Guangzhou Shengli began liquidation procedures. Despite the efforts of the liquidation group, Guangzhou Shengli was still unable to reach a settlement with its creditors. On January 21, 2022, the liquidation group submitted Guangzhou Shengli bankruptcy application to Guangzhou intermediate people’s Court of China. Guangzhou Shengli is a joint venture between Shengli beer Guangdong and Guangzhou brewery, with 70% and 30% held by Shengli beer Guangdong and Guangzhou breweries respectively. (Xinhua News Agency)

KFC breakfast in Shanghai has added vegetarian bags

Recently, KFC breakfast in Shanghai has added vegetarian bags. This vegetable bag is the signature product of the time-honored “Chunfeng Songyue building”. With the upgrading of the consumer market and the innovation of Chunfeng Songyue building, a new model was created in Jing’an Jiuguang Department store for the first time in 2021, opening the chain mode, and gradually exploring a new way to resonate with young consumer groups. In order to shorten the distance with the young circle, Chunfeng Songyue building came to KFC for help in the new year. (upper view)


General Mills China has won the title of China’s outstanding employer for four times


Recently, General Mills China was selected for the fourth consecutive year

Simba internal letter said it would increase the frequency of live broadcasting this year


Recently, Simba sent an internal letter saying that it will increase its live broadcasting frequency this year. Xinxuan has more than 4000 employees, including more than 1400 in the quality control team. (e-commerce News)

Nestle appoints head of Middle East and North Africa


Recently, Nestle announced the appointment of Yasser Abdul Malak as chairman and CEO of the Middle East and North Africa (MENA), effective from January 1, 2022. Nestle MENA has more than 15000 employees in 19 countries and operates 25 factories in the region, with sales reaching nearly $3 billion in 2020. (libnanews)

The analysis predicts that Nestle, Unilever and Danone will still raise prices


According to a recent report in the Wall Street Journal, companies such as Nestle, Unilever and Danone will almost certainly ask for price increases this year. Bernstein, a research firm, estimates that the cost of goods sold by major consumer goods companies in Europe may rise by 12% to 15% in the first six months of this year, and weaker brands will find it particularly difficult to negotiate prices with grocery stores. However, food components such as the cocoa bean seller baccarat Lippo may be more protected from such pressures. (Wall Street Journal)

Quick reading of food industry information


French brandy exports to China increased by 55.8%

Recently, according to the data of the inter industry administration of French brandy, the total output of French brandy in 2021 was 86.7 million liters, and the output per hectare was 1077 liters; The sales volume was 232.2 million bottles, a year-on-year increase of 16.2%. After experiencing a sharp decline of 22.3% in 2020, sales increased by 30.9% year-on-year to 3.6 billion euros, an increase of 1.6% compared with 2019. In 2021, the sales volume in the US market was 115 million bottles, with a year-on-year increase of 11.1%; The sales volume in the Chinese market was 34 million bottles, a year-on-year increase of 55.8%. (echo)

British media: low alcohol or non-alcoholic drinks are becoming more and more popular


The BBC recently reported that according to the statistics of the international wine and spirits survey, the market of low-alcohol and non-alcoholic beverages continues to grow, and the consumption is expected to increase by 31% by 2024. New non-alcoholic alternatives began to pour into the market and shake the alcoholic beverage industry. More and more people are consuming non-alcoholic or low-alcoholic beverages, first of all for health reasons. Especially during the new crown pandemic, people pay more attention to health than ever before. (reference message)

Australia continues to increase industrial policy subsidies to develop overseas infant formula market

The Australian government recently announced a $160000 special subsidy to the Infant Nutrition Council (Inc) to support the Australian infant formula and infant milk beverage industry to speed up the formulation of market access strategies. David littlepraud, Australian Minister of agriculture, said that the fund will support the development of dairy trade, especially promote the sales of Australian products in Southeast Asia, Latin America and the Middle East. (Aohua Finance Online)


During the Spring Festival, pork supply is sufficient and the price fluctuates at a low level





Didi freight, manbang and other 8 companies were interviewed by regulators


From the end of this year to the beginning of next year, spac ushered in the peak of merger transactions


The four major investment banks on Wall Street raised their salaries sharply last year


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

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