China Food

Maotai ice cream was stir fried, and many actions were taken against “ice cream assassins”. Three squirrels will lift the ban of 174 million shares, Dezhou grilled chicken and old uncle rushed to a shares, and Chunhua capital executives resumed their investment in Yum


Hot company information and announcements

 

 

Maotai ice cream was stir fried and its price increased by three times

On May 19 this year, Guizhou Moutai and Mengniu cooperated to jointly launch Moutai ice cream. Nowadays, Maotai ice cream, which is officially priced at more than 50-60 yuan / cup, has been fried to more than 120-250 yuan / cup on major e-commerce platforms. As for the reason for the sharp rise in prices, most businesses said that “logistics is too expensive”. In this regard, a customer service staff in Moutai, Guizhou said that the company has noticed the above problems, but there is no way to solve them for the time being. (surging)

Beijing Erguotou liquor company was fined more than 165000

Recently, Beijing Erguotou Liquor Co., Ltd. was identified as publishing false advertisements because of the production of bottled Baijiu marked with the words “the Belt and Road”, and the packaging of wine bottles, wine outer packaging boxes, outer packaging boxes, handbags and other packages of wine products involved in the case marked with “the Belt and Road cross border circulation · boutique edition”, “the Belt and Road International Cooperation Development Fund Committee” and its so-called logo, The administrative committee of Beijing Economic and Technological Development Zone fined him 165150 yuan. (Beijing News)

China Resources snowflake transfers Baijiu related assets

Recently, in

Old uncle rushed for a share to compete for “the first share of Chinese fast food”

Recently, my uncle submitted a prospectus to the Shanghai Stock Exchange to apply for listing on the main board. On the whole, from 2019 to 2021, the old uncle realized an operating income of 1.222 billion yuan, 1.207 billion yuan and 1.525 billion yuan respectively, and the net profit attributable to the parent company in the same period was 65.1746 million yuan, 20.7075 million yuan and 62.9922 million yuan respectively. (blue whale Finance)

Dezhou braised chicken sprint A-share

Yesterday, Shandong Dezhou grilled chicken Co., Ltd. (hereinafter referred to as “Dezhou grilled chicken”) issued a pre disclosure prospectus and planned to be listed on the main board of the Shanghai Stock Exchange. From 2019 to 2021, the revenue of Dezhou braised chicken was 687million yuan, 682million yuan and 720million yuan respectively; The net profit was 122 million yuan, 94.5592 million yuan and 120 million yuan respectively. (IPO knew it early)

Three squirrels: restricted shares accounting for more than 43% of the company’s total share capital will be listed and circulated

Three squirrels announced today that part of the restricted shares issued before the company’s initial public offering will be listed and circulated on July 12, 2022. The number of restricted shares lifted this time is 174 million shares, accounting for 43.3975% of the company’s total share capital. A total of three shareholders applied for lifting the restrictions on the sale of shares, namely, Zhang Liaoyuan, Anhui Liaoyuan Investment Management Co., Ltd. and Anhui pinecone Investment Management Center (limited partnership) (company announcement)

Michael: cash dividend of 0.1931 yuan for every 10 shares

Macquarie today announced the implementation of equity distribution in 2021. The company decided to distribute 0.1931 yuan in cash (including tax) to all shareholders for every 10 shares, with a total of 3.3626 million yuan. The dividend distribution equity registration date is July 14, and the ex dividend date is July 15. (company announcement)

Chayan Yuese newly increased foreign investment

A few days ago, Changsha chayue you and I Catering Management Co., Ltd. increased its foreign investment in Xiangtan Fuyuan Beverage Co., Ltd. with the legal representative of sun Cuiying and a registered capital of 5million yuan. (business system)

Jingdong Logistics signed a contract with Mengniu Dairy

Yesterday, JD logistics and Mengniu Dairy signed a contract in Tianjin. The two sides will focus on the automatic transformation and intelligent upgrading of the traditional factory warehouse of Mengniu fresh milk business department, create a new integrated intelligent warehousing and shipping mode of front-end production and back-end warehousing, and rapid turnover and delivery, and jointly build an intelligent benchmark project in the dairy industry. (logistics information)

Yili signed the breeding project of 100000 cows in Ruyang County

Recently, Ruyang County and the whole province held the fifth phase of the “three batches” activity at the same time, focusing on signing, starting and putting into production a number of major projects. This “signing a batch” activity signed a total of three projects in the county, with a total investment of 960million yuan, including the Yili Group’s assistance to the Ruyang County Social pasture 100000 cows breeding project to enrich the people. (people’s Government of Ruyang County)

Pre notice of receiving the approval document for formula registration of infant formula milk powder products

Today, the pre notice for the approval of formula registration of infant formula milk powder products was issued. 16 infant formula milk powder products have been approved by the State Administration of market supervision and administration, including baa Feifan, zhenweiai, quanshiai, Meisu Jiaer, meisuli, heshengyuan and Ansong. (snack generation)

Release of approval documents for formula food for special medical purposes to be received

Today, the approval documents (letter of decision) for special medical use formulas are to be issued, including the lactose free formula for infants with special medical use of aiyunuo youanli, the total nutrition formula for tumors with special medical use of suyisu, the formula for carbohydrates components with special medical use of Dongze Sutang, and the formula for premature / low birth weight infants with special medical use of Xikang Baoyu, Xikang Baochu special medical purpose premature / low birth weight infant formula 5 products. (snack generation)

Chunhua capital executives: Yum! Can cooperate with many enterprises in the invested ecosystem


Zhang Jing, a partner of Chunhua capital, said a few days ago that taking the investment in Yum China as an example, many institutions had seen this project in 2016. At that time, the market common sense was confused about the health, ceiling and food safety of foreign fast food. “Chunhua team found many anti common sense views during the discussion.” He said, for example, yum China has actually completed a qualitative change in the magnitude of sevenoreight thousand stores. It can collide with e-commerce, finance, AI and other formats, and grow new things that small companies do not have. This is a natural fertile land for the digital transformation of China’s catering and even consumer industries. Facts have proved that after Chunhua invested in Yum China, it facilitated the collaborative cooperation between Yum and many enterprises in the invested ecosystem. (issued by the company)

Nestle will bring more than 100 products to the consumer fair again

From July 26 to 30, Nestle will bring more than 100 products from five business departments to the China International Consumer Goods Expo again. In this exhibition, Nestle will present products from Switzerland, the United States, Ireland, Italy, Spain and other international brands to the public with the theme of “quality food, a better life”. (DoNews)

On Saturday, X tex launched “green pepper flavored vegetable chicken nuggets”

Recently, the local vegetable protein food brand “Sunday zero” joined hands with the national fast food brand “Dexi” to launch a new product: “pistol leg shaped vegetable chicken nuggets (green pepper flavor)”, which are available in 2500 + stores nationwide. At the same time, Dexter also launched a limited time experience activity of 1 yuan per second (original price: 13 yuan / share). (issued by the company)

PepsiCo announced to complete the goal of reducing saturated fat ahead of schedule

PepsiCo said today that its latest ESG report was released. The report points out that in 2021, PepsiCo achieved its goal of reducing saturated fat by 75% of its convenience food portfolio four years in advance, that is, no more than 1.1 grams of saturated fat per 100 calories. In addition, 53% of Pepsi Cola’s beverage portfolio contains less than 100 calories of added sugar per 12 ounces, and 66% of convenience foods contain no more than 1.3 mg of sodium per calorie. (issued by the company)

More milk powder will be sold to the U.S. market, bubs shares rose

Recently, the U.S. authorities announced that they would order more infant formula produced by bubs company in Australia. The milk powder ordered this time is about 180000 cans, which are planned to be transported to the United States by plane on the 10th and 21st of this month. Affected by the news, bubs shares rose in early trading on Thursday, with a return on investment of 28.95% in the past year. (Aohua Finance)

Mars suspended the supply of pet food to Tesco in the UK

Recently, Tesco confirmed that Mars has suspended the supply of pet food to it. Neither side has publicly admitted responsibility for the dispute. Last week, Tesco apologized for the absence of kafhen’s ketchup and other products on the shelves, but said it would not pass on unreasonable price increases to customers. (Just Food)

Russian Starbucks will be renamed and reopened

According to Russian media reports today, the Russian version of Starbucks will be renamed and reopened. Starbucks has found a new buyer for its Russian business – Anton pinski, founder of the Russian catering company pinski. The deal is expected to be completed before July 20, including the transfer of the lease rights of all Starbucks coffee stores. Just as the Russian version of McDonald’s was renamed “so delicious”, the Russian version of Starbucks will also be renamed. (overseas network)

Diageo cooperates with Vita coco to launch RTD cocktail series

Today, Diageo partnered with coconut water brand Vita coco to launch a range of ready to drink (RTD) cocktails. Including Vita coco and Captain Morgan, which will be listed in the United States in early 2023. (FOODBEV)


Quick reading of food industry information

 


 

Many local regulators took action against the “ice cream Assassin”

Recently, “ice cream Assassin” has been on hot search for many times. Shanghai Fengxian District market supervision and Administration Bureau carried out a special inspection on the price of ice cream, focusing on the inspection of snack bars, supermarkets, cold drink wholesale stores, etc. the market subjects did not mark the price according to the regulations, price fraud and other price violations in the process of selling ice cream. In addition, four stores in Shunde District, Foshan, Guangdong Province were ordered to rectify without clearly marking the price; The market supervision bureau of Pukou District, Nanjing City, Jiangsu Province found that the ice cream in two supermarkets were not labeled with price tags, and both of them have been filed for investigation. (Xinhuanet)

Beijing issues subsidized consumption coupons for catering takeout, etc

Recently, eight departments in Beijing jointly issued the “specific measures on helping enterprises to bail out and accelerating the recovery of consumption”. At the press conference on the morning of the 7th, Dai Ying, deputy director of the municipal development and Reform Commission, introduced specific measures to adhere to both supply and demand to better meet the diverse needs of citizens. During the epidemic period, subsidies, consumption vouchers, platforms and other measures will be taken for the consumption of cars, home decoration, catering takeout, culture, tourism and leisure, which will be greatly affected. (Sina Finance)

The first provincial prefabricated vegetable industry investment fund was established in Guangdong

Recently, the Establishment Ceremony of Guangdong prefabricated vegetable industry investment fund was held in Guangzhou. This is the first provincial investment fund for the prefabricated vegetable industry in China, with a total scale of 5billion yuan. In the future, it will be expanded to more than 10billion yuan through sub funds. (Shanghai Securities News)

The total number of Top100 convenience stores increased by 16.1%

According to the survey of China chain operation association, the total number of Top100 convenience store enterprises exceeded 160000, with a year-on-year increase of 16.1%; Among them, 71% of the enterprise stores achieved positive growth over the previous year, while 23% of the enterprise stores decreased over the previous year. In addition, there were 27 convenience store enterprises with more than 1000 stores, an increase of 3 over the previous year; There are 22 enterprises with 500-1000 stores, an increase of 7 over the previous year. (China News Service)

FDA plans to explain the policy of imported milk powder again in September

Yesterday, the US Food and Drug Administration (FDA) said that it was studying how to make overseas infant formula manufacturers continue to sell in the country despite the current supply shortage. FDA said in May that it would allow the import of infant formula milk powder before November 14 to alleviate the shortage. FDA plans to issue further guidance in September to explain how companies temporarily approved to ship infant formula to the United States will meet FDA’s requirements to continue supplying the U.S. market in the future. (Reuters)

France will introduce restrictions on the naming of vegetable meat in October

According to a newly issued decree, France will ban the use of meat names such as “steak” and “sausage” in plant protein foods from October. This makes France the first EU country to impose such restrictions on meat substitutes. Interbev, the French meat industry association, welcomed the law, which was originally passed in 2020, but was only implemented this year. (FOODBEV)

Amazon hopes to take advantage of its online popularity to enter live broadcast e-commerce

Recently, Amazon has accelerated its plan to enter the QVC style live shopping market. The $1trillion e-commerce giant aims to replicate the success of its social media competitors and try to revive sluggish online sales. This year, the company has held at least four activities to attract more netizens to use its platform. Wayne purboo, an executive in charge of Amazon’s live streaming business, said he believed that “live streaming shopping is the future of retail”. “We know that video is the driving force for consumers to buy. We know that when customers are on Amazon, they have entered the shopping mode. So we want to develop in this direction.” He added. (Financial Times)


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