China Food

Yili promotes zero carbon ice cream, Starbucks founder Wangmei cancels the US $360billion tariff on China, Yakult capacity expansion, Russian McDonald’s reopens, and Feihe builds a national central logistics distribution center

Hot company information and announcement


Luminfang: strive to “create a new Mengniu” by 2025

Recently, haopeng, secretary and director of the Party committee of the state owned assets supervision and Administration Commission (SASAC), visited the Tongzhou factory of Mengniu Dairy Co., Ltd. affiliated to COFCO. Luminfang, President of Mengniu, said in his report that Mengniu will strive to successfully achieve the strategic goal of “creating a new Mengniu” by 2025. (issued by the company)

Yiliduo Foshan plant capacity expansion in June

Recently, Guangzhou Yiliduo Dairy Co., Ltd. (also known as “Yakult”) announced that its Foshan factory will increase its production capacity to 2.4 million bottles per day from June. Together with the two factories located in Huangpu District, Guangzhou, the total daily average production capacity of the three factories will reach 6million bottles. This year marks the 20th anniversary of the establishment of Guangzhou Yakult Dairy Co., Ltd. the company disclosed that despite the impact of the epidemic in the past two years, the average daily sales of Guangzhou Yakult in 2021 will still reach 2.82 million bottles. (issued by the company)

Feihe national central logistics distribution center put into operation

Recently, the intelligent warehousing project of Feihe dairy in Harbin intelligent industrial park was officially delivered, marking that Feihe modern national central logistics distribution center was officially put into use. It is reported that the overall warehouse area of the logistics center is about 24000 square meters. After putting into use, the operation efficiency is increased by 40% and the cost is reduced by 25%, which can simultaneously meet the centralized storage and distribution business of Feihe’s nine milk powder production bases nationwide. (Yibang power)

Baifu holding signed a strategic cooperation agreement with golden land commercial home. According to today’s news on Baifu holding’s wechat official account, the company recently signed a strategic cooperation agreement with golden land commercial home to help the direct franchise integration process of brands such as xinladao, mashanno and Quanjincheng, realize the national layout faster and better, and consolidate regional encryption more deeply. (issued by the company)

The intelligent factory project of southern black sesame group is expected to be completed by the end of August this year

Today, South black sesame group said on the investor interaction platform that the first phase of the 1billion new smart factory project invested by the company is expected to be completed by the end of August 2022. (Daily Economic News)

Chongqing beer chairman Leo Evers resigns

Recently, Leo Evers, the chairman of Chongqing Beer Co., Ltd., submitted a written resignation, saying that he planned to resign from the posts of chairman and director of the board of directors, members of the special committees of the board of directors and the legal representative of the company on July 1 for personal reasons. (company announcement)

Wanghong porridge shop is exposed to sell “saliva porridge”

Recently, the media exposed that there were many health problems in the kitchen of sanmi porridge shop and manling porridge shop. It is understood that in the back kitchen of sanmi porridge shop, the clerk poured the tasted porridge back into the pot to make “saliva porridge”; In manling porridge shop, the clerk washed the mop and porridge pot together. (jiupai News)

Yili launches the fifth zero carbon product

Today, Yili Group’s xujuhuan brand carbon and human Yuetao ice is listed. It is the first “zero carbon ice cream” in China and the fifth “zero carbon product” launched by Yili. ( Finance)

McDonald’s cancels some menus to increase profits

According to a recent Bloomberg report, McDonald’s in the United States has made a comprehensive adjustment to the menu, eliminating more healthy and nutritious options such as roast chicken sandwich, fruit and yogurt. McDonald’s move aims to speed up customer queuing and improve profitability by reducing labor costs. (Bloomberg)

McDonald’s in Russia renamed and reopened

On June 12 local time, the first batch of 15 stores of “Russian McDonald’s” (renamed “it’s so delicious”) were opened after being acquired by local Russian enterprises. Although the classic “Big Mac” hamburger and “wheat whirlwind” ice cream disappeared from the menu, and the pure white food packaging was slightly monotonous, it did not prevent everyone from eating the familiar taste. “I bought French fries, chicken nuggets and latte. The taste hasn’t changed. Everything hasn’t changed. The quality is online.” A customer commented. (China News Network)

Bubs milk powder successively arrived in the United States

Yesterday, about 95000 cans of bubs infant formula arrived in the United States from Australia. It is understood that the second batch of milk powder will also arrive in the United States on Thursday. (ABC NEWS)

Kondo honey milk powder arrives in the United States

Recently, Delta Airlines will complete the transportation of the Sixth Batch of overseas formula milk powder on June 20. 3.2 million cans of Condor honey baby formula milk powder will be transported from London, England to Boston and Detroit, USA, and then sent to retailers.

US FDA to import Abbott milk powder from Spain

Recently, the US FDA announced that from June, about 690000 cans of Abbott Similac milk powder will be imported from Spain. In addition, Abbott also plans to urgently provide formula milk powder to areas listed by WIC (women, infants and children) with serious shortage of supply. (Healio)

Starbucks founder hopes the US government will cancel the US $360billion tariff on China

Recently, Howard Schultz, the interim CEO of Starbucks, said at a meeting held by the New York Times that if the US $360billion tariff on China was cancelled, it would “help American consumers” and “be the beginning of trying to solve the problem of global inflation”. (see the news above)

Starbucks may not open toilets to non store consumers in the future

Howardschultz recently said that Starbucks serves 100million consumers every day, and the continuous influx of non store consumers who use their toilets as public toilets has brought security risks to Starbucks employees and store consumers. For safety reasons, Starbucks is adopting some tougher policies and considering limiting the number of non consumers entering the store. Schultz frankly said that this is a major corporate culture change since 2018. (Beijing News)

Budweiser CEO: Budweiser consumers’ purchasing power remains strong under inflation

Michel doukeris, CEO of Budweiser InBev, said in a recent fireside conversation that the demand of American consumers is flexible. Despite inflation, consumers’ purchasing power is still strong.

Quick reading of food industry information


Four departments issued documents to curb “sky high” moon cakes

Recently, the national development and Reform Commission, the Ministry of industry and information technology, the Ministry of Commerce and the State Administration of market supervision jointly issued the announcement on curbing “sky high” moon cakes and promoting the healthy development of the industry, which pointed out that the sales of boxed moon cakes with a unit price of less than 500 yuan accounted for about 99%, and put forward a number of requirements and measures for moon cake market supervision, such as focusing on the supervision of boxed moon cakes with a unit price of more than 500 yuan, to curb “sky high” moon cakes, Promote the healthy development of the moon cake industry. (city speaks new language)

The 106th national sugar and Wine Fair will be held from July 18 to 20

Recently, with the strong support of Sichuan Province and Chengdu municipal government, the organizing committee, after multi-party coordination and careful organization, decided that the 106th national sugar and Wine Fair would be held in Chengdu western China International Expo City and Chengdu Century City New International Convention and Exhibition Center from July 18 to 20, 2022. (Xinhuanet)

Us food prices will continue to rise due to cost impact

Recently, some of the largest food suppliers and restaurants in the United States said that due to the rising labor, raw materials and transportation costs, the production and sales costs of food will rise, and some of the rise in wholesale prices and additional costs may be passed on to consumers. According to the US Department of labor, the price of groceries in May rose by 11.9% over the same period last year, and the price of restaurants and other food places outside the home rose by 7.4% over the same period, both of which recorded the largest increase in more than 40 years.

Didi officially delisted

According to Didi’s documents, Didi has formally submitted a delisting application form to the US Securities and Exchange Commission on june2,2022. According to the regulations, Didi’s delisting decision will take effect 10 days after submitting the application documents. June 10, 2022 is Didi’s last trading day. Now, Didi has officially delisted from the New York Stock Exchange. On the 10th, the company’s share price was $2.29, with a market value of $11.116 billion. (Huaxia times)

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