1. Budweiser APAC's Beer Sales Slightly Up Last Year Yesterday, Budweiser APAC announced its 2022 results. During the period, attributable profit was $910 million, down 3.9% year-on-year; normalized EBITDA was $1.93 billion, down 5.2% year-on-year. Revenue increased 2.4% year-on-year to $6.48 billion, revenue per hectoliter rose 1.7%, and sales volume grew 0.7% to 8.85 billion liters of beer. (Company announcement) 2. Yili Spent Over RMB 600 Million on Share Buybacks Yesterday, Yili announced that as of the end of February this year, the company had repurchased a total of 19.1805 million shares, accounting for 0.2997% of the company's total share capital. The highest purchase price was RMB 32.42 per share, the lowest was RMB 30.41 per share, and the total amount paid was RMB 603 million. (Company announcement) 3. A-Kuan Food Pushes for IPO Recently, A-Kuan Food updated its prospectus again, planning to list on the main board of the Shenzhen Stock Exchange. A-Kuan Food started in 2001 producing instant hot and sour rice noodles, and over the years has cultivated its own brands such as "Baijia Chenji" and "A-Kuan". (Science and Technology Board Daily) 4. Yashili Completes Sale of Dumex China Yashili recently announced that the sale of Dumex China was completed on March 2. After the completion of the Dumex China sale, the company no longer holds any interest in Dumex China, and Dumex China is no longer a subsidiary of the company. (Snack Generation) 5. AustAsia's Gross Margin Fell Over 20% Last Year Recently, AustAsia Group released its 2022 results. During the period, revenue was $563 million, up 7.8% year-on-year, mainly due to a significant increase in raw milk sales volume driven by strong milk production performance and herd expansion. (Company announcement) 6. Xiangpiaopiao Shareholder Jiang Jianbin Pledges 18.3 Million Shares Recently, Xiangpiaopiao announced that it received a notice from shareholder Jiang Jianbin, who recently completed pledge registration procedures for 18.3 million shares, accounting for 4.46% of the company's total share capital. The pledge is due to his own capital needs, and the pledgee is Guosen Securities. (Company announcement) 7. International Consumer Goods Companies Find It Hard to Raise Prices Again Recently, sales volumes have declined from Unilever to Reckitt, with many consumers switching to cheaper private label products, especially in European and American markets. (Bloomberg) 8. Budweiser CEO Says More Determined to Increase Investment Confidence in China Recently, Minister of Commerce Wang Wentao met with Budweiser Group's global CEO, Michel Doukeris. The two sides exchanged views on topics such as China's adherence to high-level opening up and expanding consumption. Doukeris stated that Budweiser Group attaches great importance to the Chinese market, and this visit to China has strengthened the company's confidence in increasing investment in China. The company will actively consider participating in the China International Import Expo and develop together with the Chinese market. (Ministry of Commerce of the People's Republic of China) 9. Asahi Beer's New President: Thoroughly Customer-Centric On February 22, Asahi Beer held a press conference in Japan. Kazuo Matsuyama, who will assume the role of new president of Asahi Beer on March 16, attended the press conference. He stated that as Japan's domestic alcoholic beverage market shrinks, "if we feel stagnant and pessimistic, nothing will change." (China International Beer Network) 10. Kuaishou E-commerce Is Preparing a "New Mall" According to recent media reports, Kuaishou E-commerce is preparing a "New Mall", which started merchant recruitment in February this year and is expected to launch on a large scale to users in March. Additionally, according to tips from Kuaishou merchants, the "New Mall" merchant recruitment project is currently in the reporting stage. (Yibang Power)