China Food

The sixth self built factory of Yuanqi forest will land in Taicang, Nestle will close the factory in Ukraine, and Yili will donate another 100 million yuan to fight the epidemic in Hohhot. Budweiser is expected to increase its profit this year, and the annual income of other meat customers is expected to be lower than expected


Hot company information and announcement

 

Golden Arowana: the company will pay close attention to the situation in Russia and Ukraine

 

The relevant person in charge of Golden Arowana said yesterday that the company would pay close attention to the escalation of the situation in Russia and Ukraine. It is understood that Fengyi international, the parent company of Golden Arowana, has sunflower seed oil factories in Russia and Ukraine. (China Securities Network)

Nestle has temporarily closed its factories and warehouses in Ukraine

 

Nestle issued a statement that it has temporarily closed its factories and warehouses in Ukraine and suspended product supply, and advised employees to stay at home. Nestle, which has three factories and about 5000 employees in Ukraine, said it had developed an emergency plan to ensure that the supply of products was restarted as soon as safety conditions allowed. (Reuters)

US agricultural companies shut down operations in Ukraine

ADM said on Thursday that it had stopped the operation of its facilities in Ukraine. The company has more than 630 employees in the grain trade and processing business in Ukraine. The facilities include an oilseed crushing plant in jornomorsk, a grain wharf in Odessa port, six grain silos and a trade office in Kiev. Agricultural giant Bangui said Thursday that it closed its offices in Ukraine and temporarily suspended the operation of processing facilities in two cities in the country. (Wall Street Journal)

Yili donated another 100 million yuan to fight the epidemic in Hohhot

Today, the Erie Group donated 100 million yuan to Hohhot to fight COVID-19. This is the fifth donation action carried out by Yili Group since the current round of epidemic in Hohhot. So far, Yili Group has donated 380 million yuan to fight the epidemic in China. (issued by the company)

 

The sixth self built factory of Yuanqi forest will be located in Taicang, Jiangsu Province

 

Today, Yuanqi forest and Taicang Municipal People’s Government of Jiangsu Province signed a strategic cooperation agreement, officially announcing that the sixth intelligent sterile carbonic acid production line factory built by itself will be put into operation in Taicang. The factory covers an area of 120 mu. It is expected that six production lines will be planned, and the annual output value will reach 2.4 billion yuan after it is put into operation. This is also the latest layout of Yuanqi forest for the core market areas of Jiangsu, Zhejiang and Shanghai. (issued by the company)

Shounong Food Group expects a revenue of 180 billion yuan

Last year, Wang Guofeng, chairman of shounong food group and President of the association, disclosed that the operating revenue of shounong food group is expected to reach 180 billion yuan in 2021. Recently, shounong food group held a 2022 work meeting. Put forward the overall requirements for the economic work in 2022, that is, the total operating revenue and profit should increase by 8% year-on-year. The group has two listed companies, Sanyuan shares and Jingliang holdings. (China Food Safety News)

 

Jiumaojiu changes the address of its headquarters in China

 

Today, jiumaojiu announced in the Hong Kong stock exchange that the headquarters address of the company will be changed to room 404-a197, No. 1, Mingzhu 1st Street, Hengli Town, Nansha District, Guangzhou, China from February 18. (Wind)

 

Xiang Piao’s shareholder Jiang Jianbin pledged 3.04% of the shares for the extension

 

Today, Xiang Piao announced that the company’s shareholder Jiang Jianbin has handled the extension procedures for the 12.64 million shares pledged to China Merchants Securities Co., Ltd. after the extension, the maturity date of the pledge is February 25, 2022. (Leju Finance)

 

Director of liangpin store resigned

 

Today, liangpin store announced that Xu Xin carefully proposed to resign as a director of the company due to his personal energy distribution. The company agrees to nominate Yang Rongfeng as a candidate for non independent director of the second board of directors of the company. (Wind)

 

Laifen set up a new labor dispatch company in Shanghai

 

Yesterday, Shanghai laiyifen Co., Ltd. added an investment enterprise Shanghai Laifen labor dispatch Co., Ltd., which was 100% owned by Yifen. (Leju Finance)

 

Mommy good food technology Co., Ltd

 

Tianyancha shows that recently, Mamiya (Shanghai) Food Technology Co., Ltd. has undergone industrial and commercial changes, and Ningbo Guangyuan juchuang Investment Co., Ltd., an affiliated company of liangpin store, is added as a shareholder, holding 15%; At the same time, the registered capital of the company increased to 1.25 million yuan. (tianyancha)

 

Other meat customers’ share prices fell, and their annual income was lower than expected

Yesterday, beyond meat predicted that its annual revenue was lower than expected due to the flat demand for plant-based protein and the fierce market competition faced by the company. Subsequently, the company’s share price was affected. According to the data of refinitiv ibes, the company expects revenue of US $560 million to US $620 million in 2022, compared with the previous estimate of US $637.3 million. (Reuters)

 

With the resumption of outdoor activities, Budweiser expects profit growth this year

 

Yesterday, Budweiser group predicted that this year’s profit will increase because consumers have more opportunities to drink outdoors, coupled with the rise in liquor prices, the result is better than expected. The world’s largest brewer, which sells Budweiser, corona and time beer, said its profit before interest, tax, depreciation and amortization (EBITDA) would increase by 4% to 8% this year, in line with its medium-term growth target. (Reuters)

 

Aojiabao will accelerate the diversification of the international market

 

Yesterday, Health Products Group Australia Jiabao published earnings report, announced the interim dividend doubled to 63 Australian cents, but taking into account the “COVID-19 caused by continuous uncertainty”, did not provide annual profit guidelines. In the first half of the fiscal year, aojiabao’s net profit increased by 4.2% to a $20.3 million, and the group’s revenue increased by 14.3% to a $346 million. International business revenue increased 49.8% to a $116 million, accounting for 58% of total sales. Symington, CEO, said that aojiabao was ready to accelerate its diversified expansion to international markets outside China. (Aohua Finance Online)

 

Aojiabao develops e-commerce business in China

 

Recently, the person in charge of aojiabao said that the agent purchase market will not return to the level of 2016 and 2017. With the development of e-commerce business, aojiabao’s revenue in China increased by 8.5% in the first half of the fiscal year, but some of the growth was offset by a 7% decline in purchasing channels. (The West Australian)

 

Kraft Heinz plans to significantly reduce plastic

 

Recently, kafheinz has agreed to set a target to reduce the total use of primary plastics. The company said in a statement that it plans to set a target of significantly reducing primary plastic packaging later this year or in the first quarter of 2023. (ourquadcities)

 

Danone Volvo promotes new flavors

 

Recently, Danone’s Volvo touch of fruit sugar free beverage has introduced a new flavor. The product adds vitamin B6 and integrates the fragrance of white peach and raspberry. This new drink contains no sugar and contains less than 4 calories per serving. (foodbev)

 

Herbalife global business service center officially opened

 

Recently, Herbalife has officially launched its latest global business service center in India. The center has technology, contact center, creative services, innovation center, quality laboratory and R & D facilities, which will meet global growth and local growth in India. (business wire)


Quick reading of food industry information

 

Zhejiang launched a concentrated attack on online catering

Since February 17, the market supervision department of Zhejiang Province has carried out a centralized attack on online catering in the whole province to further promote the installation of “sunshine kitchen” and the correct use of “takeout seal”. The regulations of Zhejiang Province on e-commerce will be officially implemented on March 1 this year. According to the regulations, takeout businesses shall disclose the food processing and production site in real time in the form of video at a prominent position on the operator’s information page, and seal the delivered food with a seal. (China market supervision News)

US stocks opened lower and higher yesterday

 

Yesterday, the three major US stock indexes opened low and went high, while the NASDAQ rose more than 3%. As of the close, the Dow rose 92.07 points, or 0.28%, to 33223.83 points; The NASDAQ rose 436.10 points, or 3.34%, to 13473.59; The S & P 500 index rose 63.20 points, or 1.50%, to 4288.70. (Zhongxin Jingwei)


The Hong Kong Stock Exchange said that at present, a large number of companies are preparing to list in Hong Kong

Hong Kong Exchanges and Clearing Limited reported record profits in 2021, boosted by the wave of mainland Chinese companies listing in Hong Kong, although the scale of stock offering and stock trading fell sharply in the second half of 2021. Laura Cha, chairman of the Hong Kong stock exchange, said that although the market situation softened slightly in the second half of 2021 due to the impact of the macro environment, a large number of companies are still preparing to list in Hong Kong in 2022. (Wall Street Journal)


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


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