Highlights 01 Wuliangye's 1.85 billion yuan private placement completed, with 23 liquor distributors including Yinji, Song Ning, and Jia Guangqing becoming shareholders On April 18, Yibin Wuliangye Co., Ltd. announced that it had raised 1.853 billion yuan through a non-public issuance to no more than 10 investors, including Guotai Junan Employee Stock Ownership Plan No. 1 - Yibin Wuliangye Phase 1 Employee Stock Ownership Plan定向资产管理计划, Guotai Junan Junxiang, Wuliangye No. 1 Collective Asset Management Plan, Taikang Asset Management Co., Ltd., Hua'an Fund Management Co., Ltd., and Jiaxing Kailian Airui Investment Partnership (Limited Partnership), issuing approximately 85.64 million RMB ordinary shares, which will be listed on the Shenzhen Stock Exchange on April 20, 2018. Among them, 23 Wuliangye distributors played an important role in this private placement. Wuliangye's announcement stated: "The source of funds for Junxiang Wuliangye No. 1 is the entrusted funds of the client, who are 23 outstanding distributors of Wuliangye and their related personnel (including distributors' shareholders, actual controllers, legal representatives, or their direct relatives). The subscription amount for Junxiang Wuliangye No. 1 is 420 million yuan."
@Dokryen: As far as I know, after more than two years, Wuliangye's private placement has finally come to an end. Highlights 02 Wahaha denies that buying back employee shares is to pave the way for listing: high-price buyback will be followed by redistribution Since March this year, there have been rumors that domestic food and beverage giant Wahaha is clearing employee shareholdings to prepare for listing. On April 17, Hangzhou Wahaha Group responded that the company has indeed repurchased all original employee shares at a high price of 3 yuan per share (2.6 yuan per share after deducting 0.4 yuan tax), because the original "incentive effect of shares is declining," and emphasized that the share repurchase was voluntary for employees, and no unreasonable complaints have been received so far. The company's public relations department also stated that Wahaha has not yet put listing on the formal agenda. @Bald Wolf: "Not short of money, not listing" is Zong's catchphrase, but don't slap your own face. Highlights 03 Business licenses for express delivery of 15 companies including Suning Cloud Commerce revoked On April 18, the official website of the State Post Bureau issued the "Announcement on Revocation of Express Delivery Business Licenses," stating that the express delivery business licenses of 15 companies were revoked in accordance with relevant laws and regulations. These include Suning Cloud Commerce Group Co., Ltd., Kunshan Sinotrans Logistics Co., Ltd., and others. Highlights 04 Farewell to the chaos of aged liquor! The first industry standard for aged liquor is about to be released: quality can be quantified, labels more standardized On April 18, at the 2018 Council (Expanded) Meeting of the Baijiu Branch of the China Alcoholic Drinks Association and its subordinate institutions, Song Shuyu, Vice Chairman and Secretary-General of the China Alcoholic Drinks Association, stated that the association's research on aged liquor standards, which began in 2006, will be published in 2018, meaning the first industry standard for aged baijiu will be released. It is reported that the upcoming industry standard for Chinese baijiu aged liquor sets thresholds in three aspects: admission of aged liquor, expression of enterprise aged liquor, and third-party supervision and filing. It is also understood that the standard makes detailed requirements for the labeling of aged liquor products, requiring information such as the product's age, raw materials, base liquor age and usage ratio, aged liquor admission standard number, product filing number, and detailed query entry for aged liquor to be added to the product label. Highlights 05 Kongfujia adjusts prices for three products in Shanghai market Recently, reporters learned that Qufu Kongfujia Wine Industry Co., Ltd. issued a notice on price adjustments for Kongfujia products in the Shanghai regional market. The notice stated that in order to better manage the market, the company re-adjusted its distributors in the Shanghai regional market in 2018, and the adjustment has now been completed. Shanghai Youyi Wine Industry Co., Ltd. is the general distribution agent for the Shanghai regional market. To better control product prices and maintain market order, it has been determined that from April 1, 2018, the following products will have price adjustments: Shanghai version supply price 170 yuan/box (112); Green Mengsha supply price 160 yuan/box (112); Auspicious Milky White supply price 75 yuan/box (1*6). Highlights 06 To save declining sports drink performance, 53-year-old Gatorade launches sugar-free G Zero In 2017, global retail sales of sports drinks fell by 3.2%. To win back consumers who prefer healthier products, Gatorade has launched its first sugar-free sports drink. According to Bloomberg, "G Zero" will hit retailer shelves in June this year. Planned flavors include lemon-lime, orange, and cherry. Highlights 07 Following China Resources Vanguard, Suguo fully launches on "JD Daojia" Reporters learned that recently, after China Resources Vanguard announced its partnership with JD Daojia, its subsidiary Suguo Supermarket also fully launched on "JD Daojia." The two sides will complement each other's strengths, open collaboration, jointly create integrated online-offline omni-channel retail, and upgrade the shopping experience. Financial Report Overview Danone announces Q1 revenue growth of 4.9% Highlight 1: Danone releases Q1 financial report, revenue up 4.9% On April 18, Danone officially released its Q1 2018 financial report. In this quarter, Danone's specialized nutrition business performed very well, mainly due to the development of early life nutrition in the Chinese market; in addition, the water and beverage business had a steady start in Q1, and basic dairy and plant-based products continued to recover. Heineken Q1 Asia sales up 11% Highlight 2: Heineken Q1 Asia sales up 11% Recently, Heineken announced its Q1 2018 business performance. On an organic growth basis, total beer sales rose 4.3%, higher than the group's growth target of 4.1%; however, it was lower than the market expectation of 4.8%. In Q1, benefiting from strong Tiger beer sales, Asia, especially Vietnam and Cambodia, performed well, offsetting the poor sales in Europe due to cold weather. In Q1, profit fell 11% year-on-year to 260 million euros. Highlight 3: Jialebao 2017 loss of 54.29 million yuan According to Jialebao's announcement on April 18, in 2017, the company achieved revenue of 735 million yuan, a year-on-year increase of 12.81%; loss of 54.2881 million yuan, compared with a net profit attributable to parent of 17.8427 million yuan last year, turning from profit to loss. Jialebao stated that the significant decrease in net profit in 2017 was mainly due to the revenue growth rate being lower than the growth rate of operating costs, selling expenses, and financial expenses. In addition, the operation of its wholly-owned subsidiary in 2017 did not meet expectations, leading to serious losses in commodity futures investment returns. Highlight 4: COFCO Sugar 2017 net profit of 740 million yuan, up 43.69% COFCO Sugar announced that in 2017, the company achieved operating revenue of 19.157 billion yuan, a year-on-year increase of 41.31%; total profit of 1.003 billion yuan, a year-on-year increase of 50.3%; net profit of 740 million yuan, a year-on-year increase of 43.69%. COFCO Sugar stated that the performance improvement was mainly due to the increase in both volume and price of its sugar business in 2017, with revenue and profit of all sugar business units achieving year-on-year growth. Highlight 5: Hengshun Vinegar 2017 revenue reached 1.5 billion yuan, accelerating national expansion On April 17, Hengshun Vinegar released its 2017 annual report. According to the data, Hengshun Vinegar's revenue and net profit both increased in 2017, with operating revenue of 1.542 billion yuan, a year-on-year increase of 6.52%; net profit attributable to shareholders of listed companies of 281 million yuan, a year-on-year increase of 64.84%. Highlight 6: Yantang Dairy 2017 revenue of 1.239 billion yuan, up 12.58% year-on-year On April 17, Yantang Dairy released its 2017 annual report. The company achieved operating revenue of 1.239 billion yuan in 2017, a year-on-year increase of 12.58%; the average revenue growth rate of the food processing industry was 11.04%; net profit of 121 million yuan, a year-on-year increase of 13.84%. The report stated that in 2017, Yantang Dairy further optimized its product structure. While meeting market demand, production resources were tilted towards high-margin single products. While cultivating star products, it also focused on cluster management of series products. In addition, the company fully utilized its own cold chain transportation system and the advantages of industry-university-research integration, continued to tap the market potential of urban healthy low-temperature dairy products, and developed and launched a number of new products including grain yogurts such as yellow peach and barley, highland barley, blueberry oatmeal, and cherry-flavored sour yogurt. Today's Video This mineral water creative is very good! -END-