Click image for details 1 New Products 1 Mars New Snickers: Packaging Covered with Red Chili Peppers Mars, one of the world's largest food manufacturers, has opened orders for spicy Snickers. The spicy Snickers, with packaging covered in red chili peppers, dazzled Mars fans. This "quirky" new product targeting Chinese consumers emerged from insights derived from data generated by Mars' cooperation with Tmall: 40.5% of Chinese consumers love spicy food. In its 2017 product innovation efforts, Mars specifically created this new-flavor sweet treat based on this characteristic. According to data, Mars found that in 2016, innovative products contributed 60% to overall FMCG sales, and over 25% of post-90s consumers expressed willingness to purchase innovative products, indicating that new product launches and upgrades have become key drivers of FMCG growth. 2 Tea π Launches "QQ-AR Edition" New Packaging Following Nongfu Spring's bottled water, its subsidiary Tea π also changed its packaging. Recently, Tea π partnered with QQ to launch "QQ-AR Edition Tea π" new packaging. Consumers can scan the front of the Tea π bottle with "Mobile QQ-AR" to see various exquisite scene images of spokesperson BIGBANG, and also win QQ Music Green Diamond luxury gift packs. The new packaging has been welcomed by many young consumers upon launch. 3 "Yizhaxian" 2017 Strategic Product Launch Event Climaxes, Red Bean and Coix Seed Juice New Product Makes a Splash! At the event, Yizhaxian Grain Beverage released its 2017 strategic product—Red Bean and Coix Seed Juice. This beverage is meticulously crafted, using physical pressing technology to fully retain the nutritional value of grain ingredients, and has a sweeter, more refreshing taste, fully meeting the health, nutrition, and leisure drinking needs of young consumers. Compared to existing items like corn, mung bean, and multigrain, the newly launched Red Bean and Coix Seed Juice has unique value advantages, providing greater operational space for sales channels at all levels and better sales profits. It can also drive the price chain improvement of the original three flavors. 2 News 1 Tingyi Releases 2017 Interim Results Tingyi (0322.HK) Holding Co., Ltd. released its 2017 interim results. As of June 30, 2017, the group's overall business performance in the first half was satisfactory, with both the instant noodle business and beverage business showing positive revenue and profit growth. Among them, the instant noodle business revenue reached 10.272 billion yuan, a year-on-year increase of 1.75%, accounting for 35.96% of total group revenue; the beverage business revenue reached 17.537 billion yuan, a year-on-year increase of 5.80%, accounting for 61.39% of total group revenue. Affected by the year-on-year increase in prices of major raw materials such as white sugar and PET particles, the gross margin in the first half decreased by 2.53 percentage points year-on-year to 29.10%. The distribution cost ratio decreased by 2.43 percentage points year-on-year to 19.81%. EBITDA increased by 5.04% year-on-year, and the EBITDA margin increased by 0.09 percentage points year-on-year to 11.70%. 2 Huabin Group and China Red Bull Jointly Respond for the First Time to "Red Bull Trademark Usage Rights" Dispute The statement pointed out that ignoring the labor achievements created by Huabin Group and Mr. Yan Bin through honest and legal operations, and seriously deviating from history and facts, is not objective. Entrepreneur reputation is the most important part of corporate goodwill. If it involves damage to Mr. Yan Bin's personal reputation and Huabin Group's corporate goodwill, the right to pursue legal responsibility of relevant responsible parties will be reserved. The statement emphasized that to protect the interests of shareholders, employees, brands, consumers, and related market entities, the production and operation activities of China Red Bull related entities are still proceeding normally and orderly. Huabin Group thanks all suppliers and partners in the industry chain, upstream and downstream, for their efforts and support in jointly maintaining social responsibility, and promises to share honor and responsibility. At the same time, Huabin Group has always communicated with Thai Red Bull (Tian Si) with a positive attitude towards cooperation, avoiding excessive interpretation by media and the public causing market fluctuations. Huabin Group has never closed the door to cooperation, but has always worked towards one goal: to make the Red Bull brand bigger and stronger in China. It hopes for a mutually acceptable result and a prompt and proper resolution. 3 Wahaha Passes 2017 "National Technology Innovation Demonstration Enterprise" Re-evaluation The Ministry of Industry and Information Technology and the Ministry of Finance jointly announced the results of the 2017 re-evaluation of national technology innovation demonstration enterprises, and Hangzhou Wahaha Group successfully passed the re-evaluation. It is reported that the recognition criteria for national technology innovation demonstration enterprises cover six aspects: core competitiveness, sustained innovation capability, brand and industry driving capability, profitability and management capability, new technology application capability, and innovation development strategy and innovation culture. Wahaha achieved good results in all six aspects and received unanimous recognition from relevant government departments and review experts. As a national technology innovation demonstration enterprise, Wahaha has established a national-level enterprise technology center and enterprise research institute composed of nearly 300 research talents with doctoral, master's, and bachelor's degrees in multiple disciplines; participated in major research projects such as the National 863 Program and major national science and technology projects; and actively carried out exploration and innovation in green development and integration of informatization and industrialization, with remarkable results. 4 Tibet Water Resources H1 Revenue 456 Million Yuan, Up 5% Year-on-Year Tibet Water Resources announced its 2017 half-year report, with revenue of 456 million yuan, an increase of 5% year-on-year; gross profit of 272 million yuan, an increase of 1.70%. In addition, net profit attributable to owners of the company was 161 million yuan, an increase of 2% year-on-year. Among water products, revenue from 5100 Tibet Glacier Mineral Water (5100 Glacier Water) increased by 5% year-on-year; while revenue from the "Gesangquan" product increased by 123% year-on-year. Total group sales volume was 61,453 tons, an increase of 14% year-on-year; including 32,867 tons of water product sales and 28,586 tons of beer product sales. 5 Maiquer Half-Year Net Profit 11.35 Million Yuan, Down 47% Year-on-Year Maiquer released its 2017 half-year report. From January to June 2017, the company achieved operating revenue of 263 million yuan, a year-on-year increase of 10.03%; the average revenue growth rate of the food processing and manufacturing industry was 2.91%; net profit attributable to shareholders of the listed company was 11.3567 million yuan, a year-on-year decrease of 47.22%, while the average net profit growth rate of the food processing and manufacturing industry was 7.56%. The company stated that due to the macro market environment in 2017, product sales and profitability did not meet expectations, lower than the same period last year, resulting in a decline in overall net profit. 6 Kemen Noodle Half-Year Net Profit 67.22 Million Yuan, Up 9% Year-on-Year Kemen Noodle released its 2017 half-year report. From January to June 2017, the company achieved operating revenue of 1.018 billion yuan, a year-on-year increase of 7.51%; the average revenue growth rate of the food processing and manufacturing industry was 2.81%; net profit attributable to shareholders of the listed company was 67.226 million yuan, a year-on-year increase of 8.91%, while the average net profit growth rate of the food processing and manufacturing industry was 7.54%. The company stated that it further increased market development efforts and marketing policy support for customers, promoting sustained and steady growth in sales revenue, thereby leading to normal profit growth. 7 Ganso Half-Year Net Profit 3.43 Million Yuan, Turned Loss into Profit Year-on-Year Ganso released its 2017 half-year report. From January to June 2017, the company achieved operating revenue of 660 million yuan, a year-on-year increase of 13.03%; the average revenue growth rate of the food processing and manufacturing industry was 2.91%; net profit attributable to shareholders of the listed company was 3.4302 million yuan, a year-on-year increase of 111.15%, while the average net profit growth rate of the food processing and manufacturing industry was 7.56%. The company stated that it increased efforts to carry out trading business, leading to a significant increase in sales revenue and profit; last year's cake price increase led to revenue and profit growth; and increased bank wealth management income during the period. 8 Yatang Xiaochao Direct Stores Open, Aiming for 100,000 Stores in Next 5 Years Yatang Xiaochao direct stores opened in Guangdong, Chongqing, Hunan, and Sichuan provinces within two days. "Yatang Xiaochao" has entered offline retail, and its foundation and feature lie in its unique intelligent retail model. Among these, international tech giant IBM will play an important role. Yatang Xiaochao will fully utilize IBM's existing cognitive new technologies such as big data, artificial intelligence, IoT, and blockchain, combined with Yatang Xiaochao's advantageous resources, to achieve digitalization of customers, orders, and marketing in intelligent retail, and develop "sharp eyes" in retail applications. According to Yatang Group's strategic plan, in the next 5 years, the scale of Yatang Xiaochao direct stores will reach 100,000, which is basically the total number of stores currently opened globally by the three well-known convenience store chains 7-11, FamilyMart, and Lawson. Among these 100,000 stores, 50,000 will be opened overseas, and the overseas market will be the focus of Yatang Group's future efforts. 9 Shuanghui Parent Company WH Group Successfully Selected as Hang Seng Index Constituent Stock Hang Seng Indexes Company Limited announced that WH Group Limited, the world's largest pork food company, has been selected as a constituent stock of the Hang Seng Index, effective from September 4, 2017. Mr. Wan Long, Chairman and CEO of WH Group, said: "We are very pleased that WH Group has been successfully selected as a constituent stock of the Hang Seng Index, which represents that the market value of WH Group's stock in the industry sector and its operating performance have been recognized by the capital market. WH Group will continue to deliver excellent operating performance as always, bringing the best returns to society and investors. At the same time, WH Group will expand its operations, product portfolio, and customer base, consolidate and create revenue growth points, and continue to expand its global market leadership." Click image for details The 3rd China FMCG + Internet Conference (CFIC) will be held in Chongqing in October 2017. At this conference, New Distribution has invited over 1,000 domestic distributors, 500 brand owners, founders of 200+ B2B platforms, and 100+ investment and financing institutions to participate. The theme of this conference: New Forces, New Ecosystem. We will invite well-known domestic B2B industry experts, mentors, and B2B platform founders to discuss the following topics:
How can the FMCG industry achieve new growth opportunities through B2B?
How should the new supply chain behind new retail be built?
How can intra-city logistics help B2B achieve leapfrog development? Highlights of this conference: The industry's first "2017 China FMCG B2B Industry Competitiveness White Paper"
B2B and investor project closed-door matchmaking meeting
Conference site + exhibition center, dual internet technology exhibition
Alibaba, EAS, Best Store Plus, GLP, Unilever, Hd, and the most well-known enterprise leaders from various fields will give speeches and share pioneering views. October 17-18, 2017 Chongqing Exhibition Center Registration channel is now open. Long press the QR code below or click "Read Original" to register. Early bird tickets before September 15 enjoy a 30% discount! Add friend and note "Conference Registration" -END-