Police Confirm "Adopt a Cow" APP Is Fake Recently, the Yuhang District Public Security Bureau in Hangzhou confirmed that in the case of "consumers being defrauded by investing in the 'Adopt a Cow' APP," the APP was a counterfeit created by criminals using the name of "Adopt a Cow." (Zhejiang Channel 6, 1818 Golden Eye)
"Sam's Club Bans Photography"? Recently, Sam's Club's hotline customer service responded to the hot topic of "banning consumers from taking photos," stating that photography is allowed in stores as long as it does not affect other customers' shopping. So far, no notice has been received about stores prohibiting photography, and no such notice has been posted in stores. (Southern Metropolis Daily)
Namchow Food's 2022 Profit Drops by Half On March 13, Namchow Food released its full-year 2022 performance report. The annual report shows that in 2022, Namchow Food achieved operating revenue of 2.861 billion yuan, a year-on-year decrease of 0.40%; net profit attributable to shareholders was 161 million yuan, a year-on-year decrease of 56.41%; and net profit after deducting non-recurring gains and losses was 148 million yuan, a year-on-year decrease of 58.20%. (Company announcement)
Weilong Appoints Former Mars and Mondelez Executives as Vice Presidents Recently, Weilong announced the establishment of an Overseas Business Development Center, appointing current Executive Director, CFO, and Senior Vice President Peng Hongzhi as the head of the center, and appointing Hong Xingrong as Vice President of the company, responsible for the management of the company's sales center. Hong joined Mars China in 1999 and held various positions including Senior Regional Sales Manager and General Manager of South China Sales, and joined Weilong last year. (SnackDaily)
Ausnutria Management Guides Mid-Teens Growth This Year Yesterday, according to a research report released by Huatai Securities citing Ausnutria's management guidance, revenue in 2023 will grow by mid-teens year-on-year, mainly through multiple aspects in branding, products, and operations. (Company release)
Zilin Vinegar Re-submits Prospectus Shanxi vinegar company Zilin Vinegar recently re-submitted its prospectus and it was accepted, planning to list on the main board of the Shanghai Stock Exchange. The company plans to raise 574 million yuan for the annual production of 100,000 tons of brewed vinegar production line construction project, marketing network construction, and brand promotion projects. (Beijing News)
7-ELEVEN Parent Company Founder Masatoshi Ito Passes Away Masatoshi Ito, founder of Ito Yokado and honorary chairman of Seven & I Holdings, passed away on March 10 at the age of 98. (Kyodo News)
Qidao Intelligent Completes 20 Million Yuan Angel Round Financing The investor in this round was not disclosed. Qidao Intelligent is a developer of intelligent unmanned retail systems. The funds from this round will be used for unmanned retail system R&D, supply chain, and regional partner support policies. (IT Juzi)