China Food

Swire made a new acquisition of Coca Cola with us $1billion, and Youxian daily was accused of struggling to survive. GlaxoSmithKline completed the separation of consumer health business, and qudian prefabricated dishes released its brand strategy

Hot company information and announcements



Xijiu group was officially established

Today, the reporter noticed from the official website of the national enterprise credit information publicity system (Guizhou) that Guizhou Xijiu Investment Holding Group Co., Ltd. (hereinafter referred to as “Xijiu group”) was established. According to the official website, the registered capital of Xijiu group is 3.75 billion yuan. The legal representative and Chairman Zhang Deqin, vice chairman and general manager Wang Diqiang, and the shareholder is the state owned assets supervision and Administration Commission of Guizhou Provincial People’s government, with a shareholding ratio of 100%. (Beijing business daily)

Swire acquires Coca Cola’s bottling business in Vietnam and Cambodia with us $1billion

Swire announced today that it plans to acquire the full equity of Coca Cola bottling business in Vietnam and Cambodia from Coca Cola company at a total price of US $1.015 billion, and it is expected to complete the agreement in six months. Swire said that the transaction marked the company’s first investment in the Southeast Asian beverage market, thereby expanding to one of the fastest growing regions in the beverage market. (company announcement)

Xinjiang maixier was enforced again

According to the China executive information disclosure network, recently, Xinjiang maixier Group Co., Ltd. added information about the person to be executed, with an execution target of about 157million. The execution court is the Urumqi intermediate people’s Court of Xinjiang Uygur Autonomous Region. (Economic Observer network)

Financial Times: Daily Youxian is struggling to survive

The invested fresh food distribution start-up daily Youxian is struggling to survive.

Wal Mart will strengthen cross-border e-commerce cooperation with Shenzhen

Recently, Meng Fanli, Secretary of the Shenzhen Municipal Party committee, met with Zhu Xiaojing, President and CEO of Wal Mart China. Zhu Xiaojing introduced Wal Mart’s business development in Shenzhen and said that he would continue to work in Shenzhen, strengthen cooperation in cross-border e-commerce, supply chain and other aspects, develop new online and offline retail formats, and contribute to the high-quality development of Shenzhen. (Shenzhen Special Zone News)

Appointed Executive Director of Tsingtao Beer

Tsingtao Beer announced today that Jiang Zongxiang and Hou Qiuyan have been appointed as executive directors of the company. On June 21, 2022, Jiang Zongxiang has been appointed president and supply chain president of the company, and Hou Qiuyan has been appointed chief financial officer of the company. (company announcement)

China Resources and COFCO were praised by SASAC

Recently, the state owned assets supervision and Administration Commission (SASAC) issued a decision on notifying and praising enterprises with excellent performance and outstanding contributions during the term of office from 2019 to 2021, including China Resources (Group) Co., Ltd. and COFCO Group Co., Ltd. (Sina Finance)

Different meat customers launch new categories in China

Plant meat brand different meat customers announced today that they will launch the plant-based “pork fillet cake” series in the Chinese market. As the brand’s latest product, it does not contain trans fats. The launch of this series marks the launch of the latest product category of different meat customers in China’s retail channels. (issued by the company)

On Monday, X tex launched its first retail vegetable chicken nuggets with green pepper flavor

Local vegetable protein food brand “Sunday zero” and fast-food brand “Dexi” launched the first “pistol leg shaped vegetable chicken nuggets” with green pepper flavor, and then launched retail packaging (19 yuan / bag), which is sold in 2500 + stores nationwide. It is reported that this new product can also see the obvious “chicken” texture when torn open. (issued by the company)

GlaxoSmithKline completes the spin off of haleon, the consumer health business

Pharmaceutical giant GlaxoSmithKline has completed the spin off of its consumer health business, betting that its strategy of focusing more on innovative drugs and vaccines will help accelerate the company’s growth. Haleon PLC, a new independent company, was listed on the London Stock Exchange on Monday, with a market capitalization of about 30.5 billion pounds, equivalent to 36.4 billion dollars. Haleon’s IPO is one of the largest listed transactions in the London market for many years, and it is also the largest company level change since GlaxoSmithKline was established through a giant merger in 2000. (Wall Street Journal)

Enterome signs contract with Nestle Health Sciences

Enterme, a French biotechnology company focusing on intestinal microbiota, announced today that it has signed a strategic R & D cooperation and license agreement with Nestle Health Sciences for food allergy and inflammatory bowel disease (IBD). The agreement covers the development and potential commercialization of “eb1010”. Eb1010 is a local inducer of IL-10, which aims to provide better therapeutic effect for patients with food allergy and IBD. Eb1010 will enter clinical trials in 2023 (AFP)

Quick reading of food industry information



Recently, Chongqing police cracked a huge case of manufacturing and selling fake brand beverages. It is understood that in this case, the police destroyed 5 “black factories” for the production of fake beverages and 30 “black dens” for storage, seized more than 340000 bottles of fake beverages, more than 4 million pieces of various packaging materials, and seized 10 professional production lines such as finished product processing and packaging material production, involving more than 100 million yuan. (CCTV)




“Monkey aunt” sued “Hericium erinaceus”

Recently, an enterprise in Luohe, Henan Province, was sued for trademark infringement by Jiangxi Jiangzhong dietotherapy Technology Co., Ltd. (hereinafter referred to as Jiangzhong dietotherapy), which holds the trademark “Hougu”, for producing “Hericium Mushroom” biscuits, and claimed 500000 yuan. Jiangzhong dietotherapy said in the indictment that Jiangzhong group developed “Hericium erinaceus biscuits” named “Hougu biscuits”, and the products have been recognized by the market. Hericium erinaceus biscuits or Hougu biscuits have formed a unique and stable relationship with Jiangzhong group. As of press time, Jiangzhong dietotherapy has not replied to the online dispute. (surging News)

Brand strategy of qudian prefabricated dishes

Today, the brand strategy conference of “qudian prefabricated dishes” under qudian group was held. At the beginning of 2022, qudian group successively established 15 prefabricated vegetable production and processing plants in 15 cities including Xiamen, Wuhan and Shenzhen. At the press conference, Luo min, founder and CEO of qudian group, talked about the strategic planning of entrepreneurial partners for qudian prefabricated dishes in the next three years, saying that “support 100000 users to start businesses and open offline stores”. (read and create)

27 EU member states unanimously approved the digital market law

Today, the 27 member states of the European Union unanimously approved the “digital market law”, which puts forward a series of normative requirements for Internet giant enterprises classified as “gatekeeper companies”, including not abusing their dominant market position to suppress or merge competitors, not pushing advertisements or installing software without the permission of users, and not using the collected user data for other purposes. (CCTV News)

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