China Food

Abbott and other milk powder executives will testify that greenhouse acquired Daniang dumplings and Lugang Town, Unilever and Luxue factory won the “three same” certificate, Yashili established niuya cow dairy and Yili pushed pet food

Hot company information and announcement

 


Lai Yifen said “


Today, Laifen issued an announcement on the holding of the 2021 annual performance briefing, saying that the company not only continued to deepen and improve in grain and oil seasoning, meal substitute fast food, wine and beverage, ready-made coffee, fresh fruit and other categories, but also actively explored non food categories and explored consumers’ demands in daily necessities, digital products, beauty and skin care and other categories. In addition, when talking about the impact of this round of epidemic on the company’s performance, laiyifen said that it had actively responded to the epidemic prevention measures in Shanghai, properly deployed the response work, and quickly carried out community group purchase business. So far, nearly 700 stores have resumed services. (company announcement)

Jiajia food: it will mainly promote products with high gross profit to optimize the product structure


Recently, Jiajia food held a performance briefing. At the meeting, Zhou Jianwen, chairman and general manager of Jiajia food, said that in 2022, the company will adhere to focusing on its main business. On the one hand, it will actively explore new channels and markets and explore new retail and new models; On the other hand, we will continue to promote refined management, reduce costs and increase efficiency, optimize product structure, and focus on high-end and high gross profit categories. (Financial Associated Press)

Greenhouse acquired Daniang dumplings and Lugang town for nearly 400 million


Recently, greenhouse announced that it had signed a final agreement to acquire “Daniang dumplings” and “Bellagio”, two Chinese catering chains, from greenhouse Hotel Management Group Co., Ltd. (GTI), the controlling shareholder of the group. The purchase price is paid in US dollars, equivalent to about 399.8 million yuan, which is expected to be completed in the second half of 2022. (Ryan capital)

Yili enters pet food


Recently, a customized brand of pet food named “one on one” expanded its brand in xiaohongshu. The main company of the brand is Inner Mongolia kangyijia Biotechnology Co., Ltd. Sun Donghong, chairman of the company, Zhang Yujun and Zhang Zhanqiang, directors of the company are all from the management of Yili department. In this regard, Yili confirmed as a new project hatched by Yili. (interface News)

Yashili international established niuya dairy products company


Recently, Inner Mongolia niuya dairy products Co., Ltd. was established, the legal representative is he Manping, and the registered capital is 900 million yuan. It is reported that Inner Mongolia niuya dairy products Co., Ltd. is wholly owned by Yashili International Group Co., Ltd. its business scope includes: dairy product production, infant formula food production, health food production, beverage production, infant formula milk powder and other infant formula food sales. (business system)

Dexter fined for using expired fried chicken powder


Recently, Shanghai Huibao catering Co., Ltd. was confiscated 5542.5 yuan of illegal income and fined 36000 yuan by Shanghai Pudong New Area market supervision and Administration for using expired “ready mixed chicken crispy powder L06” in its Dexter restaurant. (credit China)

Chayan guanse was forcibly executed for 1.725 million yuan due to unfair competition


Recently, Guangzhou LUOQI Catering Management Co., Ltd., an affiliated company of chayan guanse, was forcibly executed for 1.725 million yuan. The cause of the case was a dispute over commercial bribery and unfair competition with Hunan chayue Catering Management Co., Ltd., an affiliated company of chayan Yuese. (enterprise check)


Metro another member store landed in Beijing


Yesterday, Metro Sijiqing membership store was put into trial operation in Haidian District, Beijing. It is reported that more than 40% of Sijiqing’s member stores are imported, self owned brands and exclusive products. Zhou Yang, vice president of Metro Business Group Co., Ltd., said that Sijiqing membership store mainly creates four categories, namely health, mother and baby, gift giving and cooking. (China business daily)

Guangdong’s first store of HEMA fresh olai will open, positioning as “fresh next day”


The Southern Metropolis Daily recently reported that HEMA fresh olai, located in Liwan District, Guangzhou, is about to open, which will be the first store of HEMA fresh olai in Guangdong. It is reported that HEMA fresh olai is positioned as a quality discount store of “anti waste business”, which is a supplementary business of HEMA. According to insiders, if what HEMA fresh makes is “daily fresh”, what Aolai fresh makes is “next day fresh”. (Southern Metropolis Daily)

Delis received the first advance payment of a $4 million for the acquisition

Today, Shandong delis Food Co., Ltd. announced that the first advance payment for the acquisition of a $4 million has been paid to the trust account. Delis has fully accrued the asset impairment loss for the advance payment of a $6 million involved in the lawsuit against yolarno, an Australian beef slaughtering company. After receiving relevant funds, delis can reverse the asset impairment loss accrued in the previous period and increase the company’s profit.

 

Low temperature meat products brand “benweixianwu” completed tens of millions of yuan of round a financing


The low-temperature meat product brand “benweixianwu” has recently completed a round of financing of tens of millions of yuan. This round is led by Baorui capital, the venture capital fund of baozun e-commerce, and the old shareholder xiaohongshu continues to follow. It is reported that this round of financing will continue to be used for R & D and supply chain construction. This delicious food focuses on pure meat roast sausage without addition, and introduces the original cut American bacon and low-temperature prefabricated vegetable products. (36 krypton)


“Ningji” wholly controls and invests in the coffee brand “RUU”


Recently, lemon tea brand “lemon season” wholly controlled and invested in coffee brand “RUU”. Founded in February 2021, Ningji has received hundreds of millions of yuan of investment from bytecom, Shunwei capital and Tencent capital. The founding team of RUU is mainly composed of former Starbucks and byte employees. At present, RUU is mainly directly operated. The number of stores to be opened in June is expected to exceed 5, mainly distributed in Changsha, Hunan. (100 million euros)

Danone enterprise is recognized as the regional headquarters of Guangdong multinational corporation

Recently, the Guangdong Provincial Department of Commerce announced the list of regional headquarters and headquarters organizations of multinational corporations in Guangdong Province in 2021. Danone (China) food and Beverage Co., Ltd. was established in Xiaolan Town, Zhongshan in January 2000 to be responsible for domestic sales, personnel, finance, marketing, R & D and other headquarters management functions. At present, the registered capital of the company is 52 million US dollars, and the total tax payment in recent five years has exceeded 2 billion yuan. (Ocean network)


Unilever and Luxue lighthouse factory won the first “three same” Certificate in the industry


Recently, the unveiling ceremony of Unilever and Luxue Taicang production base was successfully held, marking the first “lighthouse factory” in the global ice cream industry to land in China. Prior to this, Unilever and Luxue Taicang production base, Taicang branch of heluxue (China) Co., Ltd., have obtained the first enterprise certificate of “same line, same standard and same quality” (“three same”) in the national ice cream industry. (issued by the company)


Yili Huanggang yoghurt factory won the country’s first “green electricity transaction voucher”


Recently, the yogurt Huanggang factory of Yili dairy Huangzhou branch obtained the green power trading certificate jointly certified by Hubei power trading center and Hubei carbon emission trading center. It is reported that, as the most active carbon trading pilot area in China, this is the first “green electricity trading voucher” issued by Hubei Province with double certification in the electric carbon market. (Hubei Daily)

Abbott and other milk powder executives will attend the US hearing

Executives from Abbott and other major formula companies have agreed to hold a hearing at the house energy and Commerce Committee on May 25, Testify on the “root cause” of the national formula shortage. Abbott has been at the center of the milk shortage storm in the U.S. market due to the closure of major facilities in Michigan due to alleged pollution. The company will be represented by senior vice president Christopher Calamari. (Bloomberg)

A2 milk said it had complied with the disclosure rules and would actively defend it


Today, A2 milk announced that it had been informed that it had been listed as a defendant in a lawsuit in the high court of New Zealand. In this regard, A2 milk company said that it had complied with the disclosure rules at any time, denied any responsibility and would actively defend the lawsuit. Earlier, Slater and Gordon, a law firm, filed a class action lawsuit on behalf of investors, accusing A2 milk of lowering its performance expectations four times since last year and violating the disclosure rules. (company release, Australian Financial Review)

McDonald’s radical investors’ nomination of new directors blocked

Yesterday, glass Lewis, a voting consultancy, suggested that McDonald’s investors support the company’s directors, which affected the efforts of Carl Icahn, another investor, to propose the replacement of two directors. Previously, Carl Icahn and McDonald’s had differences on animal welfare and nominated a new director candidate. Glass Lewis recently pointed out that these candidates “lack the necessary background, qualifications and experience to serve on the board of directors of large multinational companies such as McDonald’s”. (Reuters)


John Bang appoints a new chief operating officer


According to a document from the securities and Exchange Commission, great John has appointed Max Wetzel as executive vice president and chief operating officer. It is reported that Wetzel has been serving as the chief commercial and marketing officer of stick John since November 2019. (Yahoo)

 

Price adjustment of most soft drinks in Suntory, Japan


Suntory recently announced that the recommended retail price of most bottled drinks such as “Suntory natural water” in Japan will be increased by 20 yen (about 1.04 yuan) from October. The prices of some canned products of Suntory remain unchanged, but the prices of bottled products sold through vending machines, supermarkets and other channels will be raised, aiming to pass on the cost of rising prices of raw materials such as resin to consumers. (Hong Kong Economic Daily)


Quick reading of food industry information

 



The global dairy trade price index fell 2.9%


Yesterday, at the global dairy trade auction, the global dairy trade price index fell 2.9%. Among them, the price of whole milk powder decreased the most, by 4.9%. This is the fifth consecutive decline in the global dairy trade price index since March. (CCTV News)

China Dairy Association: relevant dairy farms have stopped collecting and storing rations and wheat as silage


Recently, Chen Shaohu, Deputy Secretary General of China Dairy Association, said that at present, relevant dairy farms have stopped collecting and storing rations and wheat as silage. The association is contacting relevant breeding enterprises and forage enterprises to strengthen the scheduling of silage supply and demand, and organize production and marketing docking to meet the needs of breeding. It is reported that the China Dairy Association recently cooperated with the Ministry of agriculture and rural areas to dispatch the relevant situation of dairy farming enterprises. There is a phenomenon that wheat is used as silage in a few dairy farms in the Huang Huai Hai area. (Xinhuanet)

Tencent’s net profit fell 23% in the first quarter


Today, Tencent announced the results of the first quarter of this year. The adjusted (non IFRS) net profit in the first quarter reached 25.545 billion yuan, a year-on-year decrease of 23%; Revenue in the first quarter reached 135.471 billion yuan, a slight increase of 0.1% year-on-year, lower than market expectations. By the end of March this year, the number of combined monthly active accounts of wechat and wechat was 1.288 billion, an increase of 3.8% year-on-year. Ma Huateng, chairman and CEO of Tencent, said: facing the challenges of the industry, the company has implemented cost control measures and adjusted some non core businesses, which will help to achieve a more optimized cost structure in the future. (company announcement)


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