China Food

Li Jieshi has started to sell the whole milk powder business of Mead Johnson. Danone CEO was asked about the impact of the epidemic in China on this year’s performance. Red Bull aneji, operated by Yangyuan, sold nearly 200 million last year, and PepsiCo’s Russian business was impaired


Hot company information and announcement

 

Chairman Yang Yuan said that the result of the “Red Bull” trademark case will be conducive to product sales

According to the financial report of Yangyuan beverage in 2021, the operating revenue of its functional drinks was 193 million yuan (i.e. the offline sales revenue of anaiji in the north of the Yangtze River), with a year-on-year increase of 235.66%. At the performance presentation meeting of Yangyuan beverage held yesterday, Yao kuijiang, chairman of Yangyuan beverage, responded to the reporter of Economic Observer network that the judgment result of Red Bull trademark case is conducive to the promotion of anaji products. In 2022, Yangyuan will steadily promote the promotion and sales of anaji products in accordance with relevant agreements, and assess relevant personnel according to annual indicators. (Economic Observer network)

Lancang ancient tea may apply for Hong Kong stock IPO to sprint for the first share of Pu’er tea

Yesterday, the information of the International Department of the CSRC showed that it had received the materials of the approval of overseas initial public offering of shares (including ordinary shares, preferred shares and other stocks and derivative forms of stocks) from Pu’er Lancang Ancient Tea Co., Ltd. This means that Lancang ancient tea may accelerate the submission of prospectus in the Hong Kong Stock Exchange and sprint for the first share of Pu’er tea IPO. It is understood that Lancang ancient tea is a comprehensive tea enterprise integrating the production, R & D and sales of Pu’er tea, with a long brand history. (China Securities Network)

The revenue of Shuanghui development in the first quarter decreased by 24.73% year-on-year


Shuanghui Development released its first quarter report of 2022 yesterday. In 2022, the company achieved an operating revenue of 13.762 billion yuan in the first quarter, a year-on-year decrease of 24.73%; The net profit attributable to shareholders of listed companies was 1.46 billion yuan, a year-on-year increase of 1.34%. (company announcement)

Changyu Wine’s revenue exceeded the target in 2021


Yesterday, Changyu Wine released its 2021 annual report, saying that last year, it achieved an operating revenue of 3.953 billion yuan, a year-on-year increase of 16.42%. The net profit attributable to the shareholders of the listed company was 500 million yuan, a year-on-year increase of 6.21%. The report shows that the increase in revenue is due to the increase in sales volume, which exceeds the goal set at the beginning of the year to strive to achieve an operating revenue of no less than 3.8 billion yuan. (company announcement)


The revenue of tiandi-1 decreased by 4.33% year-on-year in 2021


Yesterday, Tiandi No. 1 released its annual report for 2021. During the reporting period, the company achieved an operating revenue of 1.817 billion yuan, a year-on-year decrease of 4.33%, and a net profit of 255 million yuan, a year-on-year increase of 1.64%. (company announcement)

Guyue Longshan’s revenue in the first quarter increased by 12.55% year-on-year


Yesterday, Guyue Longshan released the first quarter report of 2022. During the reporting period, the company achieved a revenue of 564 million yuan, a year-on-year increase of 12.55%. The net profit was 69.0107 million yuan, a year-on-year increase of 12.36%. (company announcement)

 

Doc coffee obtains the book and also burns Xiancao strategic investment


Recently, Changsha chain brand doc coffee has won the strategic investment of “burning Xiancao”. According to the industrial and commercial information of Changsha Dangle Coffee Co., Ltd. affiliated to Doc, the investment institution is Ningbo yanyouli Investment Co., Ltd., which is 100% controlled by Sichuan Shuyi Catering Management Co., Ltd. (China industry and Commerce News, China Express)

Orders from 40 HEMA stores in Beijing will be delivered on the same day


At present, the daily delivery time has been increased to 4-4 times, and the daily delivery time has been increased to 4-24 hours every night. At the same time, the platform side promises to stabilize commodity prices and maintain parity sales. (Beijing Daily)

Yuanqi forest attends the “Stockholm + 50” National Conference

Today, Yuanqi forest attended the enterprise round table forum of the “Stockholm + 50” National Conference and shared the company’s “three friendliness” strategic innovation practice in sustainable development in recent years, that is, through energy-saving and carbon reduction technology innovation, it is “environment-friendly”, data enabled green development model innovation is “social friendly”, and the concept innovation advocating green consumption concept is “user-friendly”. (issued by the company)

Smelly treasure brand donated 100000 snail powder to Shanghai

Recently, smelly treasure snail powder paid attention to the development of the epidemic situation in Shanghai, mobilized resources, contacted all parties, and successively donated 100000 packages of snail powder with a value of nearly 1.5 million yuan to rush to Shanghai with practical actions. (issued by the company)

Bubs China’s total sales in the previous quarter increased by 8% year-on-year


Yesterday, bubs Australia, a producer of goat milk and infant formula, announced that compared with the same period last year, all major business departments showed strong growth in the third fiscal quarter, and the total quarterly revenue increased by 49% year-on-year to a $17.6 million. Total sales in the Chinese market increased by 8% year-on-year. Revenue is expected to increase slightly in the second half of fiscal year 2022, and the launch of bubs supreme a2 – casein infant formula in the fourth quarter is expected to accelerate revenue growth. (Aohua Finance Online)

Lijie was accused of starting the sale of the whole infant nutrition business


Today, Bloomberg quoted people familiar with the situation as saying that Lijie had launched Lijie for its infant nutrition business

 

Danone CEO was asked about the impact of China’s epidemic on this year’s performance


At the Danone shareholders’ meeting held yesterday, some shareholders asked, at present, the epidemic in China has become severe again. What impact does this have on Danone’s performance in 2022? Sheng Ruian, CEO of Danone, did not respond positively to this, but he said that he paid attention to the situation in China every day. Shanghai is being closed down, and some other cities are closing down or opening up. In this case, Danone still performed well in the first quarter, and the Chinese team is going all out. “They delivered milk powder to sealed buildings to meet the needs of Chinese families, which has also been widely reported in the media. It also shows that Danone has fulfilled its responsibilities.” (issued by the company)

达能CEO称不打算出售三大业务


At yesterday’s shareholders’ meeting, Antoine de Saint affrique, Danone’s chief executive, said there were no plans to sell its three businesses. He did not name the dairy giant landris, who is also a French company. The latter was previously accused by the French media that he was studying the acquisition of part or the whole business of Danone. In addition, on the same day, Frank Riboud, the son of Antoine Riboud, the founder of Danone, and the former chairman and CEO of the group, officially stepped down after serving as a member of the board of directors for 30 years, but will continue to serve as honorary chairman. Previously, some investors opposed the proposal that he could continue to attend the board meeting in this capacity, but the proposal was not passed at the shareholders’ meeting. (Reuters)

PepsiCo will incur nearly $500 million in expenses due to the conflict between Russia and Ukraine


PepsiCo said yesterday that due to the impact of the conflict between Russia and Ukraine on its beverage and snack business in the region, the company will generate “brand portfolio impairment charges” totalling nearly US $500 million and US $241 million

Yizi expects its performance in 2022 to be affected by the conflict between Russia and Ukraine


Due to the conflict between Russia and Ukraine, Yizi said yesterday that it is expected that the adjusted earnings per share will decline by 3% and revenue will decline by $200 million in 2022. (Reuters)

Share prices soared after Asahi announced a price rise


The shares soared on Wednesday after Japanese brewer Asahi group announced an increase in the price of canned beer for the first time in 14 years and a series of other price increases in response to rising costs. (Reuters)

Binburg Group expects inflation to affect profit margins


Thanks to strong sales, Mexican bread maker Grupo bimbo’s net profit rose in the first quarter, but higher raw material costs affected its profit margin. Binburg also said it was considering raising prices to offset the surge in supplier costs, especially in Mexico, where executives had held preliminary negotiations with the government on bread prices. (Reuters)


Chipotle expects same store sales growth in the second quarter to be higher than analysts’ expectations


Chipotle Mexican Grill, a Mexican barbecue chain, predicted on Tuesday that same store sales in the second quarter were higher than analysts expected, citing strong demand for its tacos and rice despite several price increases. Chipotle expects that the sales of restaurants in this quarter will increase by 10% ~ 12% year-on-year, higher than the market expectation of 8.8%. (Reuters)

 

Wal Mart Mexico branch’s revenue rose 10% in the first quarter, but the growth fell behind the industry level


On Tuesday, Wal Mart reported the largest increase in retail revenue in Mexico for the first time in eight years. Walmex’s revenue in the quarter was 187.8 billion pesos (about 23.6 billion yuan), in line with analysts’ expectations, while its net profit increased by more than 10% to 11.1 billion pesos (about 1.4 billion yuan). (Reuters)

Nespresso’s global business is certified as a mutual benefit enterprise


Nestle’s Nespresso recently announced that its global business has been certified as a mutually beneficial enterprise, reflecting that Nespresso meets the standards in five aspects: corporate governance, employee care, friendly environment, community operation and customer influence. After being certified, Nespresso will add the certification seal of Gongyi enterprise to product packaging and publicity in the future. (issued by the company)


Quick reading of food industry information

 

 

Shentong and Zhongtong have obtained the national “pass”, and the restart of Shanghai Express still faces challenges


Under the epidemic situation, all localities have successively prepared and issued the national unified sample of “key material transportation vehicle pass”. Recently, Zhongtong express and Shentong express have obtained the pass issued by Zhejiang and Shanghai respectively. However, a number of people in the express industry reported that there are still challenges in the restart of express business in Shanghai due to the suspension of distribution centers. (Caixin)

Tmall releases Electrolyte Water Report


Recently, tmall new product innovation center (TMIC) released the 2022 electrolyte beverage trend report, which pointed out that from April 2021 to March 2022, the growth rate of functional drinks reached 38%, which is the fastest growing category in the domestic beverage market. In the secondary track of functional drinks, electrolyte drinks performed prominently, ranking first with a growth rate of 225%. (issued by the company)

 

Meituan preferred Beijing business shutdown


Meituan preferred announced on April 25 that the service in Beijing will be suspended from today. As for the reason, meituan said it was to ensure the provision of stable and reliable next day service. 36 krypton asked meituan for confirmation, but there was no response. (36 krypton)

 

Beijing Xinfadi strengthens the transportation organization and the supply of goods to ensure the stable supply of “vegetable basket”


CCTV recently reported that in order to ensure the supply of daily necessities in Beijing, Xinfadi agricultural products wholesale market has strengthened transportation and organized the supply of goods to ensure the stable supply and price of “vegetable basket” products. According to reports, through a series of measures, it is expected that the daily vegetable market volume in Beijing Xinfadi market will stabilize at about 20000 tons in the future, higher than the normal 18000 tons. (CCTV)

Indonesia’s ban on palm oil exports is considered temporary


Industry officials said Indonesia’s ban on palm oil exports is unlikely to last more than a month because Jakarta has limited infrastructure to store excess palm oil and the country is under pressure from buyers to resume exports. According to the report, Indonesia’s palm oil exports are usually more than twice its domestic consumption. (Reuters)

 

Bain: the annual investment transaction volume of China’s private equity market hit a 10-year high in 2021


According to a report released yesterday by Bain, a consulting firm, the annual investment transaction volume of China’s private equity market hit a 10-year high of $128 billion in 2021. Among them, growth investment continued to dominate the market, accounting for 65% of the total transaction volume of the whole year. Last year, the fund-raising scale of China’s traditional private equity funds was US $51 billion, less than half of US $132 billion in 2016. In particular, it fell sharply in the second half of 2021 and was only US $6 billion in the fourth quarter. (economic news agency)

 

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

Similar Posts

Leave a Reply

Your email address will not be published.