Author: Xiaoshidai Integration
Today's takeaways
- Junle Bao Tianchang 10,000 dairy cow breeding base was officially put into operation
- Uno plans to invest 5 million yuan in Kunshan to expand the production line
- Yuen Kee Cloud Dumplings Hong Kong recruited for HK$17,000
- Coconut water drinks, Baisen foods, Foshan land
- JD.com, Taobao, Pinduoduo and other 81 platforms signed the self-discipline convention
CEO of Danone: Shanghai can be used as a pilot city to explore the AI medical field
The latest company news
The unified "declaration of war" fruit is ripe, and the dealer wants to "choose one of the two"?
A few days ago, according to the industry media food board news, last week the unified high-level and the provincial general held a conference call, according to the flow of a notice information, according to the requirements of the conference call, the unified dealer is strictly forbidden to operate the fruit ripe, or the business of the fruit is ripe can not operate the unified products at the same time, must "choose one of the two". As of press time, Uni-President has not formally responded to whether to require dealers to "choose one of the two"; However, on social media, there are also employees who claim to be from Guangzhou Uni-President who said they did not receive the above notice. (Food board, snack generation)
Junlebao's dairy farming base with an investment of 1 billion yuan was officially put into operation
Today, the cattle production ceremony of Junle Baotian Chang 10,000 dairy cow breeding base was held in Qinlan Town. Hou Xinfeng, vice president and general manager of the animal husbandry division of Junlebao Dairy Group, said that Tianchang 10,000 dairy farms are an important part of the Yangtze River Delta strategic base of Junlebao Group. It is understood that the Junlebao ranch project has a total investment of 1 billion yuan, covering an area of 1,082 acres, with a total construction area of 228,000 square meters, and after the project is fully operational, it can achieve 10,000 dairy cows, an annual output of 80,000 tons of high-quality fresh milk, and an output value of about 330 million yuan. (Released by Tianchang)
Weichi Group set up its China headquarters in Guangzhou
On September 20th, Viz Group Singapore Weichi Group held the inauguration of Weichi Group's global R&D center and China headquarters at Qingsheng Yuexiu iPARK Guangdong-Hong Kong Zhigu in Nansha District, Guangzhou. The global R&D center and China headquarters project will radiate the group's business segments, and undertake the group's strategic management, marketing strategy, shared services and other functions; At the same time, a digital e-commerce center, a new product research and development center, and a trial production line have been set up to accelerate product development and product launch. Golden Flavor was the first coffee brand launched by Weichi Group in Singapore in 1988 and entered the Chinese market as a cereal food brand in 1992. (Released in Guangzhou)
Coconut water drinks, Baisen foods, Foshan land
On September 20, two industrial lands were successfully sold in Bai Ni Town, Sanshui District, Foshan, Guangdong, one of which will be used to invest in the construction of natural raw coconut water and fruit juice tea beverage projects, covering an area of about 86 acres, which was won by Guangdong Baisen Food Co., Ltd. Baisen Food Co., Ltd. is a comprehensive enterprise mainly engaged in a variety of food and beverage such as plant-based protein drinks (raw coconut water), fruit juice drinks, tea drinks and soda drinks. (Foshan+)
Guoquan Huanhuan Food was completed and put into production
On September 20, the launching ceremony of the new factory of Guoquan Huanhuan Food (Hubei) Co., Ltd. (hereinafter referred to as "Guoquan Huanhuan Food") was held in Shishou City, Jingzhou, Hubei Province. During the event, the signing ceremony of the aquatic food and ingredients park of Shishou Chengming Food Industrial Park was also held. Guoquan Huanhuan Food focuses on the R&D, production and sales of "a lobster, a bullfrog, and a freshwater fish", with a project of 1.5 billion yuan in the first phase of the project. (Shiyan Evening News)
Yuan Ji Yun Dumpling Hong Kong store 17,000 Hong Kong dollars recruitment
A recruitment revelation of Yuen Kee Yun Dumplings, which has settled in many districts of the Hong Kong market, has recently attracted the attention of local netizens. The revelation shows that Yuan Ji Yun Dumpling recruits cashiers, waiters, kitchens, stuffing, and manual positions, with a monthly salary of HK$17,000 and a part-time hourly salary of more than HK$60. In addition to the entry requirements of "living in the district is preferred", one of the entry requirements also lists "new migrant female workers in Guangdong Province (manual and cashier) are preferred". (HK01)
Uno plans to invest 5 million yuan in Kunshan to expand the production line
Recently, the official website of Suzhou Municipal Bureau of Ecology and Environment announced that Younuo Dairy Co., Ltd. invested in the construction of yogurt and skim milk production projects. The project is located at No. 158, Caihua Road, Zhangpu Town, Kunshan City, with a planned total investment of 5 million yuan, including 200,000 yuan in environmental protection and a construction period of 2 months. The project is mainly used to expand the yogurt production line and supporting facilities, with an additional yogurt production capacity of 6,700 tons/year and a new supporting by-product skim milk of 7,350 tons/year. (Company Announcement)
Alcohol Source Ranch, a subsidiary of Australasia, signed a financing agreement of 440 million yuan
On September 20, dairy farming company Australasia Group announced that its wholly-owned subsidiary, Alcohol Source Ranch Co., Ltd., had signed a 440 million yuan financing agreement with certain financial institutions, including refinancing 170 million yuan for existing financing and providing additional working capital financing of 270 million yuan. Considering the weak demand for dairy products and the uncertainty of the dairy market prospects in 2024 and 2025, Australasia Group announced on August 28 that it would suspend the construction of "Alcohol Source Ranch 4". (Beijing News)
Haitian Flavor is a new handsome
The new senior management team of Haitian Flavor has been officially confirmed. On September 19, the company announced that the company had completed the re-election of the board of directors and board of supervisors. Compared with before, the new senior management team has undergone great changes, and the chairman and president of Haitian Flavor have been replaced. The new chairman is Cheng Xue, and the president is Guan Jianghua, and before that, these two positions were held by Pang Kang. Although Pang Kang has "left" Haitian Flavor, he is still the company's major shareholder. (China Times)
CEO of Danone: Shanghai can be used as a pilot city to explore the AI medical field
Today, Danone Group CEO Richard Sheng said that AI-driven innovations are being widely adopted, from medical diagnostics and health monitoring to personalized nutrition and even drug research. He said Shanghai is well positioned as a pilot city to explore the application of artificial intelligence in the medical field, especially in the field of personalized health and nutrition. This initiative will not only accelerate the application of AI in the healthcare sector, but also provide a replicable model for the rest of China and the world. (Released in Shanghai)
Nestlé shares fell to their lowest level since early 2019
On Friday, UBS analysts lowered their price target on Nestle, weighing on the stock. In the afternoon, its shares were at their lowest level since the beginning of 2019, closing down 3.93% to 82.04 Switzerland francs. UBS analysts further lowered Nestlé's profit forecast and share price target to CHF 91 in a research note, and expected the food giant to lower its forecast for 2024. （cash）
Ranlux's parent company appoints former senior executives of Starbucks as directors
Due to the departure of Jim Lee from PepsiCo, a vacancy on the board of directors of Celsius Holdings, the parent company of Fuelox, will be filled by a new nominee from PepsiCo. On the other hand, Hans Melotte, who has held executive positions at Starbucks and Johnson & Johnson, has joined the company's board of directors with an extensive background in the consumer goods sector. (Company Release)
Peet's coffee parent company has requested a postponement of the EU's new deforestation ban
A few days ago, JDE Peet's, the parent company of Peet's Coffee, said that if the EU's new deforestation law is not delayed for at least a year, the company may temporarily cut countries off its supply chain due to concerns about uncertainty about their compliance with the rules. It is reported that the EU deforestation regulation targets commodities such as cocoa, palm oil, rubber and coffee, and the regulation will come into force on December 30. But the European Commission has yet to publish compliance guidance on whether the supply of crops such as coffee comes from deforested areas. (Financial Times)
DQ will enter the France market
Recently, the ice cream chain DQ announced plans to enter the France market in the next few years. Nicolas Boudet, head of international business at DQ, said that although no formal agreements have been signed yet, those potential partners who have expressed interest in cooperation are being carefully listened to and evaluated; Once a specific location has been decided, DQ will open its first France restaurants within 12 to 16 months and expects to open at least 100 to 200 restaurants in the France market to secure a foothold. (WeChat public account of Chinese in France)
Meiji will sell oat milk nationwide in Japan
Yesterday, Meiji announced that it will expand the sales of its oat milk product "Meiji まるごとオーツ オーツミルク". Since April, it has only been sold in the Kanto region of Japan and will be sold nationwide from October. The company aims to achieve a 20% share of the Japan oat milk market by fiscal 2026. (Nikkei)
Arla is at loggerheads with Denmark retailer giants over pricing
A few days ago, Salling Group, the largest retailer in Denmark, has removed some of its products from stores due to disagreements over the pricing of local dairy giant Arla. In response to an inquiry, an Arla spokesperson confirmed Salling's move and said price talks are currently ongoing. Bjarke Munk Kamstrup, Arla's head of global media relations, said it was always a balancing act for Arla to maintain a competitive milk price for farmers to support their livelihoods, while keeping their demand for the product at a level that continues to be relevant to consumers. （justfood）
Hero Group intends to promote the growth of healthy snack brands overseas
A few days ago, Switzerland baby food company Hero Group said that it plans to tap the potential of the previously acquired healthy snack brand Deliciously Ella in Europe. CEO Rob Versloot said the brand still has plenty of room for distribution growth in Tesco, Sainsbury's and others in the United Kingdom. He also expects that the size of Hero Group (annual turnover equivalent to about 10 billion yuan) and strong relationships with large European retailers will become an important platform to drive the growth of his brand overseas. （thegrocer）
Heinz and PepsiCo have teamed up to launch a Halloween limited edition product
Recently, Kraft Heinz has partnered with Monster Munch, a PepsiCo chip brand, to launch a limited edition "Spooky Season Sauce". The new Heinz Mayonnaise [Scarily] Good Monster Munch combines the Monster Munch pickled onion flavor with Heinz mayonnaise. 该新品将于9月24日起在英国超市发售。 (foodbev)
Hershey has partnered with C4 to launch energy drinks and protein powders
Recently, the C4 brand of Nutrabolt, a well-known sports supplement company, is partnering with Hershey to launch a series United States of energy drinks and protein powders. Among them, Bubble Yum, a protein powder for pre-workout brewing, and canned energy drinks based on three Jolly Rancher flavours (blueberry, green apple, watermelon) will be launched this month. In October, the collaboration will be expanded to include C4 protein powder in Hershey's milk chocolate and Reese's peanut butter. More products are expected to be launched in 2025 and beyond. （fooddive）
Industries at a glance
Some mainland tea drinks have been closed in the Hong Kong market
Located at Shop 6, G/F, Fidelity Building, No. 50 Soy Sauce Street, Mong Kok, Hong Kong, was leased for a monthly rent of about HK$120,000 in May this year. Less than half a year after opening, it is understood that the tenant has moved out recently, and an agency advertisement has been posted outside the store. It is reported that the brand still has other branches in Hong Kong, including Suntec Plaza in Tai Po. In fact, recently, Tsim Sha Tsui and Tin Hau have also closed mainland tea shops. (Hong Kong Economic Times)
The era of non-alcoholic beverages is said to have arrived
According to Bernstein Research, non-alcoholic beverages account for only about 1% of global alcohol sales, totaling about $20 billion. The vast majority of them are beer. But there are signs that this trend is continuing. Non-alcoholic beer accounts for more than 10% of sales in Slovakia, Germany and Spain, countries with serious beer cultures. Non-alcoholic beverages allow beer companies to reach new groups rather than simply cannibalize existing drinkers. In terms of profitability, non-alcoholic beverages are also attractive, with products selling at prices comparable to alcoholic beverages and are not subject to excise tax (in the United Kingdom, the minimum tax per litre of alcoholic beverages is £21). (Financial Times)
Strong sales to China boosted United States soybean exports
United States soybean export sales exceeded analysts' expectations in the week ended Sept. 12, driven by strong exports to China. The United States Department of Agriculture said in its latest weekly export sales report that weekly soybean sales totaled 1.75 million metric tons in MY 2024/25. Behind the strong sales volume was 973,900 tonnes sold to China, making China the biggest buyer of the week. Analysts polled by the Wall Street Journal this week forecast soybean sales in the 2024/25 and 2025/26 marketing years to be between 500,000 and 1.6 million tonnes. (Wall Street Journal)
Internet+
JD.com, Taobao, Pinduoduo and other 81 platforms signed the self-discipline convention
On September 20, the State Administration for Market Regulation held a centralized signing event for the "Self-Discipline Convention on Improving the Level of Intellectual Property Protection for E-commerce Platform Operators", and 81 platforms, including Taotian Group, Pinduoduo, Douyin, Tencent, Xiaohongshu, JD.com, and Dewu, signed the convention. The Self-Discipline Convention mainly refines the rules for platform complaints by intellectual property rights holders, requiring platforms to establish convenient and smooth channels for answering rights protection, review the evidence of complaints in a timely manner, and publish them on the rights protection page. (21st Century Business Herald)