---
title: "FMCG Daily: Liquor Companies Banned from Listing; Nongfu Spring Raises Prices for Some Barrel Water in Hangzhou; 21 Financing Events in Food & Beverage Sector in January..."
description: "1. Liquor companies are banned from listing, as the main board IPO 'traffic light' rules reportedly change. 2. Nongfu Spring raises the price of 19L barrel water in Hangzhou from 20 yuan to 22 yuan per barrel. 3. Yiming Food expects a net loss of 110-135 million yuan for 2022, turning from profit to loss. 4. In January, the food and beverage sector saw 21 financing events totaling over 7.5 billion yuan. 5. COFCO Fortune's 21 billion yuan strategic investor project lands. 6. OATLY and Bilibili launch a new ice cream. 7. 1688 announces organizational restructuring. 8. Hangzhou Jiuba Technology (Huitehui - Unmanned Retail) receives 20 million yuan in angel financing. 9. Tropical fruit manufacturer 'Tianye' lists on the Beijing Stock Exchange."
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published: "2023-02-02"
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# FMCG Daily: Liquor Companies Banned from Listing; Nongfu Spring Raises Prices for Some Barrel Water in Hangzhou; 21 Financing Events in Food & Beverage Sector in January...

> 1. Liquor companies are banned from listing, as the main board IPO 'traffic light' rules reportedly change. 2. Nongfu Spring raises the price of 19L barrel water in Hangzhou from 20 yuan to 22 yuan per barrel. 3. Yiming Food expects a net loss of 110-135 million yuan for 2022, turning from profit to loss. 4. In January, the food and beverage sector saw 21 financing events totaling over 7.5 billion yuan. 5. COFCO Fortune's 21 billion yuan strategic investor project lands. 6. OATLY and Bilibili launch a new ice cream. 7. 1688 announces organizational restructuring. 8. Hangzhou Jiuba Technology (Huitehui - Unmanned Retail) receives 20 million yuan in angel financing. 9. Tropical fruit manufacturer 'Tianye' lists on the Beijing Stock Exchange.

**1. Liquor companies banned from listing; main board IPO 'traffic light' rules reportedly change?** Recently, it was reported that the CSRC clarified industry requirements for main board listing applicants, drawing lines for prohibited, restricted, permitted, and supported listing categories. A month earlier, there were market rumors that the CSRC imposed industry restrictions on main board applications under the approval system, clarifying that 'red light industries' such as food, epidemic prevention, and liquor cannot apply, while 'yellow light industries' including home improvement and appliances only allow leading companies to apply. In the latest online details, liquor is classified as 'prohibited', while food and fast-moving consumer goods restaurant chain businesses are classified as 'restricted'. An investment banker told Yicai that they indeed received relevant guidance recently, and the content is basically consistent with the online version. (Yicai)

**2. Nongfu Spring raises prices for some specifications of barrel water in Hangzhou** According to Cailian Press reporters, from Nongfu Spring customer service, starting February 1 this year, the price of 19L barrel water in Hangzhou has been raised from 20 yuan to 22 yuan per barrel. "Currently, only the 19L specification in Hangzhou has been raised; other specifications in other cities remain unchanged." In the price adjustment notice, Nongfu Spring stated that the increase is mainly due to rising costs of prices, raw materials, labor, and freight. (Cailian Press)

**3. Yiming Food expects 2022 net loss of 110-135 million yuan, turning from profit to loss** Recently, Yiming Food issued a performance forecast for 2022. The announcement shows that Yiming Food expects to achieve operating revenue of approximately 2.420 billion to 2.500 billion yuan in 2022, compared with approximately 2.316 billion yuan in the same period last year, a year-on-year increase of 4.47% to 7.93%; it expects a net profit attributable to listed company shareholders of approximately -110 million to -135 million yuan, and net profit from non-recurring gains and losses of approximately -90 million to -120 million yuan, showing a loss compared with the same period last year. For the reasons for the expected loss, Yiming Food explained that due to the combined impact of the COVID-19 pandemic, sales expenses, and cost factors, overall operating profit turned to a loss. (Lianshang.com)

**4. 21 financing events in food and beverage sector in January, totaling over 7.5 billion yuan** According to incomplete statistics from Foodaily, in January 2023, there were 21 investment and financing events in the food and beverage sector, with a total amount exceeding 7.5 billion yuan. Compared with January 2022, the 2023 data is quite impressive. Although the number decreased by about 38%, the amount increased significantly, up 91.48% year-on-year.

**5. COFCO Fortune's 21 billion yuan strategic investor project lands** The signing ceremony for COFCO Fortune's introduction of strategic investors was held in Beijing on February 1, marking the largest private equity financing project in China in 2022. COFCO Fortune, together with new and old investors including the National Council for Social Security Fund, COSCO Shipping Holdings, China Chengtong Guodiao Fund, China Life Asset Management, China Government and Enterprise Fund, CIC, Hopu Investment, Temasek, and Affirma Capital, jointly formed a 'joint fleet' where state-owned capital and international capital and other forms of ownership capital promote each other. (Reported by dozens of media including China News Service, Xinhua News Agency, Cailian Press, etc.)

**6. OATLY and Bilibili launch new ice cream** Last night, FamilyMart's WeChat official account announced that OATLY and Bilibili have jointly created a Bilibili small TV-shaped oat milk ice cream - the small TV-shaped Mai Qing Xue oat milk ice cream. This ice cream is cocoa oat flavor, priced at 14.8 yuan, and will be launched at FamilyMart convenience stores in Shanghai and Chengdu. (Xiaoshidai)

**7. 1688 announces organizational restructuring** On February 1, Alibaba's comprehensive B2B e-commerce platform 1688 announced business and organizational adjustments: the original 1688 Commerce Development Center and Origin Development Center were merged into the 1688 Merchant Development Center, led by Wang Qiang, former general manager of the Commerce Development Center. Wang Qiang has been with Alibaba for 15 years, coming from the China Suppliers sales team, with rich frontline sales and management experience. (TMTPost)

**8. Hangzhou Jiuba Technology Co., Ltd. (Huitehui - Unmanned Retail) receives angel financing from Guazi** Recently, Xu Shanshan, CEO of Hangzhou Jiuba Technology Co., Ltd., stated that its brand Huitehui - Unmanned Retail has initiated angel round financing, operated by several well-known domestic unmanned retail brand operators, and successfully received 20 million yuan investment from Guazi. This round of financing will mainly be used for building national warehousing, supply chain, and team building. Recently, there have been two investment and financing events in the unmanned retail sector; the unmanned retail brand 'Sanfen Redu' also completed a 30 million yuan angel round financing recently. (Comprehensive reports from China Business Network and investment and financing release platforms)

**9. Tropical fruit manufacturer 'Tianye' lists on the Beijing Stock Exchange** On February 2, 'Tianye' (832023) listed on the Beijing Stock Exchange with an issue price of 3.6 yuan per share, becoming the 'first stock of tropical raw material juice on the Beijing Stock Exchange', and was delisted from the New Third Board. 'Tianye' business covers the R&D, production, and sales of tropical fruit and vegetable raw material products, with main products including raw juice, frozen fruits and vegetables, etc. (Shanghai Securities News)

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