Author: Xiaoshidai Integration
Today's takeaways
- The registered capital of Yuanqi Forest's "mine" has plummeted
- Asahi sells the "Nadaman" catering business
- The Coca-Cola Company has elected a new vice president
- Bimbo will continue to close its United States plant
- Report: The average price of convenience parts in the second quarter fluctuated around 5 yuan
Diageo India CEO summoned by police for alcohol discounts
The latest company news
Kweichow Moutai's share price fell below the 1,400 yuan mark
Today, Kweichow Moutai continued to weaken in the afternoon, falling below the 1,400 yuan mark and closing down 1.7%. The entire liquor sector also fell almost across the board, with Jinshiyuan, Laiyifen, Yingjiagongjiu, Luzhou Laojiao, Shanxi Fenjiu, etc. falling by more than 2%. According to market sources, UBS downgraded the rating of the liquor sector. (Brokerage China)
After the proposed acquisition of Huiyuan 6 boards, Guozhong Water issued an announcement
Today, Guozhong Water issued an announcement on abnormal fluctuations in stock trading, and as of the disclosure date of this announcement, the company has no major matters that should be disclosed but not disclosed. Beijing Huiyuan holds part of the assets of the original Huiyuan Group, including all the "Huiyuan" brand and trademark ownership, all sales channels, Shunyi factory and 15 self-owned production lines and other assets. After the implementation of the reorganization, the orchard planting base and most of the production lines are still under the original Huiyuan Group. Beijing Huiyuan currently adopts an asset-light operation model and is still mainly engaged in OEM production. (Company Announcement)
Feihe (Harbin) Dairy passed the formula registration audit
Recently, the Food Evaluation Center of the State Administration for Market Regulation organized a review expert group to conduct an on-site audit on the registration of Feihe (Harbin) Dairy Infant Formula Formula. After the review of the expert group, Feihe (Harbin) Dairy successfully passed the registration review of infant formula of the State Administration for Market Supervision. (Harbin Market Regulation)
The registered capital of Yuanqi Forest's "mine" has plummeted
According to industrial and commercial data, recently, Yuanqi Forest's Youkuang (Xiamen) Food Technology Co., Ltd., which was famous for producing "ore" mineral water, completed the industrial and commercial change, the legal representative was changed to Zhang Guizhou, and the registered capital was changed from 2000000 yuan to 10000000 yuan. It is understood that at present, "mineral" products are not in production. (Snack generation)
Asahi sells the "Nadaman" catering business
Recently, the Japan branch of the Asahi Group agreed to sell its Nadaman restaurant chain to the local conglomerate Onodera Group. Financial terms of the transaction, which is expected to close in September, were not disclosed. Founded in Osaka in 1830, Nadaman now operates restaurants, delicatessens and contracted food services throughout Japan, with restaurants in Chinese mainland, Hong Kong and Malaysia. （justdrinks）
Heineken: China Resources Beer's share price performance deviated from its strong performance
Today, Heineken released a disappointing second-quarter sales performance. The company blamed weather factors for this, as well as impairment of its stake in China Resources Beer. Heineken shares fell 7% after the results were released. Heineken said its beer sales rose 2.1 percent in the first half of the year, below analysts' forecasts of 3.4 percent, as the European football championship failed to provide a significant boost. Because the share price of China Resources Beer held by Heineken was lower than the price at the time of Heineken's acquisition, Heineken impaired the investment by 874 million euros (equivalent to about 6.8 billion yuan). The impairment resulted in a net loss of 95 million euros for the first half of the year. Heineken said it had written down the value of its 20% stake after its share price fell sharply, "which may reflect concerns about the macroeconomic environment and its impact on consumer demand". However, Heineken added that CR Beer's share price performance deviated from its strong operating performance. (Press release, Financial Times)
The chairman of Unilever Asia has resigned
A few days ago, Samir Singh announced that he has officially left Unilever after 27 years. Previously, he was Chairman of Unilever Asia and Head of Unilever Singapore. At the same time, he announced that he would join another company at the end of the year. Samir Singh began his career with Unilever in 1998 as Regional Sales Manager for Unilever, a subsidiary of Unilever India, in India. In 2020, he was promoted to Executive Vice President, Global Skin Cleansing and Oral Care, and in 2022, he became Chief Marketing Officer for Personal Care. Earlier this year, it was reported in the media that Unilever would carry out large-scale layoffs and reshuffling of the Singapore team. （marketech-apac）
The Coca-Cola Company elects a new vice president
Today, The Coca-Cola Company announced that Carlos Pagoaga has been elected Vice President. Pagoaga is Vice President of Global Community Affairs and Chairman of the Coca-Cola Foundation, with appointments announced in May and effective June 1. In these roles, he managed all operations of the foundation, including grants, financial requirements, and regulatory compliance for domestic and international philanthropy. He previously served as the Foundation's Senior Director of Circular Economy, where he was responsible for directing global recycling initiatives. (Company Release)
Diageo India CEO summoned by police for alcohol discounts
Hina Nagarajan, CEO of Diageo's India operations, has been summoned by the New Delhi Anti-Corruption Police to investigate billing and discounting practices by government agencies operating alcohol retail outlets between 2017 and 2020, as notified by India authorities. A spokesperson for the company confirmed receipt of a notification from the New Delhi Police and said the company would fully cooperate and "is providing the required information". (Reuters)
Bimbo will continue to close its United States plant
Recently, bakery giant Bimbo Group planned to close two United States bakery factories in New York State, affecting a total of 131 workers. The two factories will be closed on September 6 and November 2, respectively. Previously, the group closed another plant United States in Bellevue, Nebraska, in early May because it was "detrimental to our company's growth plans." （justfood）
Investment and financing
Nongfu Spring plans to add 50,000 tons of NFC juice production capacity in Hebei
A few days ago, the environmental impact assessment of the technical transformation project of the aseptic NFC juice production line of Nongfu Spring Wulingshan Chengde Drinking Water Co., Ltd. was announced. The investment amount of the project is 120 million yuan. The proposed project will be constructed in the existing workshop, and the main construction content is to eliminate the existing 19L drinking natural water filling line, and add 1 Central Asia sterile NFC juice production line, with an annual output of 50,000 tons of NFC beverages after completion; 1 new edible ice production line will be added, with an annual output of 5,000 tons of edible ice after completion. (Xinglong County Government official website)
The parent company of Chayan Yuese established 3 new companies
A few days ago, the industrial and commercial system showed that Changsha Chayue You and I Catering Management Co., Ltd. added foreign investment, and the new foreign investment enterprise was Changsha Haoye Beverage Co., Ltd., with an investment amount of 100,000 yuan and an investment ratio of 100%, the company was established on July 25, and the legal representative is Sun Cuiying; Yiyang Heshan Fanyi Beverage Co., Ltd., Changsha Ganqi Beverage Co., Ltd., Changsha Boyu Beverage Co., Ltd., with an investment amount of 100,000 yuan and an investment ratio of 100%, were all established on July 26, and the legal representative is Sun Cuiying. (Snack generation)
RIO's parent company added Laozhou Liquor Marketing Company
A few days ago, the industrial and commercial system shows that Shanghai Bacchus Liquor Co., Ltd. has added foreign investment, the investment company is Laozhou Liquor Marketing (Chengdu) Co., Ltd., with an investment amount of 10 million yuan and an investment ratio of 100%, the company was established on July 24, the legal representative is Ma Liang, and its business scope includes liquor management, food Internet sales, food sales, catering services, etc. Xiaoshidai previously introduced that Shanghai Bacchus Wine Co., Ltd. is a wholly-owned subsidiary of Bairun Co., Ltd., the parent company of RIO. (Snack generation)
R&D, innovation and marketing
The plant-based new plant-based products of the plant-based meat carpenter are on the shelves of the Yike convenience store
Today, Unilever's plant-based food plant Zhuo Butcher TheVegetarianButcher official Weibo announced that Zhizhuo Butcher and Yike convenience store launched new products, including plant-based meat seafood steak sandwich, Sichuan fragrant sprouts plant-based meat sauce noodles, plant-based meat tuna salad triangle rice ball, and the products have been put on the shelves of Yike convenience store. (Company Release)
Mengniu held the "China Night" event in Paris
Recently, the "China Night" event initiated and hosted by Mengniu Group, a global partner of the Olympic Games, supported by the International Olympic Committee and gathered Chinese forces, was held in Paris. (Company Release)
For the first time, a France company applied to the European Union for the sale of artificial foie gras
Recently, Gourmey, a artificial meat start-up based in Paris, France, has submitted a "first in Europe" application to sell a foie gras product made from artificial duck cells. It is reported that the regulators of United States, Singapore and Israel have approved the sale of certain artificial foods. （foodbev）
Suntory develops frozen ice cubes that can be used to make smoothies
Recently, Suntory International has developed a new product called "Frutte!" of frozen ice cubes. The product, which is said to contain grated peach pulp and grapefruit fiber, can be mixed with milk and shaken to make a smoothie, and will be sold exclusively at the Suntory Foods online store from July 30. （shokuhin）
ESG
COFCO Coca-Cola Central China Company urgently deployed drinking water to Yanling County, Hunan
Recently, some areas of Hunan have been hit by floods caused by extremely heavy rainfall, causing many roads and other public facilities to be flooded, and drinking water and other daily necessities are urgently needed. After learning of the disaster, COFCO Coca-Cola Central China Company urgently activated the "24-hour water purification" emergency drinking water rescue mechanism, deployed 40,272 bottles of drinking water and successfully arrived in Yanling County, Hunan Province at 2 a.m. today. (Company Release)
Ausnutria Foundation's Hypnuo Kai Gesang Flower Charity Tour ended
Recently, the 2024 Ausnutria Foundation & Hypnuokai Gesang Flower Tibet Maternal and Child Nutrition and Health Improvement Public Welfare Program came to an end, completing a 10-day public welfare mission in Tibet. In the future, Ayisen & NC will continue to deepen the nutrition industry and further enrich and improve the nutrition map of the whole family. (Company Release)
Aunt Qian's city tour conveys the concept of labor education
A few days ago, the first stop of Aunt Qian's "My Q Parents Come to Dinner" city tour and the launching ceremony of the Douyin Challenge were held in Luogang Wanda Plaza, Guangzhou. Aunt Qian tried to pass on the concept of labor education and food education to more families. (Company Release)
Carlsberg uses barley as an alternative to the raw material to improve the actual brewing practice
Carlsberg recently partnered with Brooklyn Brewery, the No. 1 craft brewer in the United States, to develop and launch a new 100% Fonio lager. Lager is said to replace traditional barley with Fonio, a drought-tolerant grain native to West Africa, in order to improve sustainable brewing practices. （foodbev）
Industries at a glance
China and Italy signed an agreement on cooperation on geographical indication protection and food safety supervision
Yesterday, the Memorandum of Understanding on Cooperation and Protection of Geographical Indications and the Action Plan on Food Safety Regulatory Cooperation (2024-2026) were signed. According to the above-mentioned cooperation documents, China and Italy will establish a bilateral communication and cooperation mechanism to carry out information sharing, technical cooperation and capacity building to strengthen the protection of geographical indications, improve the effectiveness of the fight against infringement and counterfeiting of geographical indications, prevent and control food safety risks, and combat food fraud. (The city speaks a new language)
The chairman of Shaxian Snack Group was investigated
Today, according to the Shaxian District Commission for Discipline Inspection and Supervision of Sanming City, Tong Youjian, chairman of Shaxian District Snack Culture and Tourism Development Group Co., Ltd., is suspected of serious violations of duty and is currently under supervision and investigation by the Shaxian District Supervision Committee. (CBN)
Report: The average price of convenience parts in the second quarter fluctuated around 5 yuan
A few days ago, the "2024Q2 Instant Food Market Review" was released, during which the average price of instant noodles basically fluctuated around 5 yuan, and the average specifications showed an upward trend; The average price of snail noodles fluctuates at about 10 yuan, and the trend is basically "W" shaped, and the average specification of the pieces shows an upward trend and exceeds that of instant noodles by about two times; The average price of hot and sour noodles fluctuated in the range of 5.65 to 5.9, with the average price of 5.68 yuan in Q2 2024, and the average specification of the pieces also reached the lowest in the past four quarters, and the average price of self-heating rice reached the lowest of 12.35 yuan in the past six quarters. (Win Now Intelligence Station)
Shandong lays out the four core growth poles of the prefabricated food industry
Recently, 12 departments including the Shandong Provincial Development and Reform Commission jointly issued the "High-quality Development Plan for the Prefabricated Vegetable Industry in Shandong Province (2024-2027)" to standardize and orderly develop the prefabricated vegetable industry. According to the plan, Shandong Province will strive to exceed 8,000 operators in the province's prefabricated vegetable market by 2027, and the output value of the whole industrial chain will exceed 660 billion yuan. (Popular Daily)
Internet+
The average monthly merchant retention rate of Douyin e-commerce in the first half of the year was the same as that at the beginning of the year
It was learned from people close to Douyin e-commerce that in the first half of this year, the retention rate of Douyin e-commerce monthly sales merchants reached about 80%, maintaining the same level as at the beginning of the year. In the second half of the year, Douyin e-commerce will continue to expand investment promotion, targeted support for the development of small and medium-sized businesses, and attract more merchants to settle in and stabilize their operations. (Interface)