---
title: "News Flash | Third China Quality Award Food & Beverage Industry List Released! Tencent Reportedly in Talks with Metro; Moutai Group Changes Business Scope; Craft Beer Company Launches Beer Flight..."
description: "Today's top stories: The third China Quality Award nomination list was announced, with Tsingtao Beer, Moutai, Yili, Yanghe, Junlebao and others winning. Tencent is reportedly in talks with Metro about cooperation. Moutai Group has expanded its business scope to include real estate development. A craft beer company has launched a beer flight."
author: "New Distribution"
publisher: "New Distribution"
email: "zhaobo258@gmail.com"
telephone: "+8615854817671"
published: "2018-11-04"
language: "en"
canonical: "https://xinjignxiao.com/en/articles/news-flash-third-china-quality-award-food-beverage-industry-list-release-8ff6ab6b/"
markdown: "https://xinjignxiao.com/en/articles/news-flash-third-china-quality-award-food-beverage-industry-list-release-8ff6ab6b.md"
original_source: "https://mp.weixin.qq.com/s/diOxSgmMmSzFdwoj0q8z2Q"
translation: "https://xinjignxiao.com/zh/articles/%E5%BF%AB%E8%AE%AF-%E7%AC%AC%E4%B8%89%E5%B1%8A%E4%B8%AD%E5%9B%BD%E8%B4%A8%E9%87%8F%E5%A5%96%E9%A3%9F%E5%93%81%E9%A5%AE%E6%96%99%E8%A1%8C%E4%B8%9A%E6%A6%9C%E5%8D%95%E5%87%BA%E7%82%89-%E4%BC%A0%E8%85%BE%E8%AE%AF%E6%AD%A3%E4%B8%8E%E9%BA%A6%E5%BE%B7%E9%BE%99%E6%B4%BD%E8%B0%88%E5%90%88%E4%BD%9C-%E8%8C%85%E5%8F%B0%E9%9B%86%E5%9B%A2%E5%8F%98%E6%9B%B4%E7%BB%8F%E8%90%A5%E8%8C%83%E5%9B%B4-%E7%B2%BE%E9%85%BF%E5%95%A4%E9%85%92%E5%85%AC%E5%8F%B8%E6%8E%A8%E5%87%BA%E5%95%A4%E9%85%92%E8%88%AA%E7%8F%AD-8ff6ab6b.md"
attribution: "New Distribution — https://xinjignxiao.com/en/articles/news-flash-third-china-quality-award-food-beverage-industry-list-release-8ff6ab6b/"
usage_policy: "https://xinjignxiao.com/ai-policy.txt"
---

# News Flash | Third China Quality Award Food & Beverage Industry List Released! Tencent Reportedly in Talks with Metro; Moutai Group Changes Business Scope; Craft Beer Company Launches Beer Flight...

> Today's top stories: The third China Quality Award nomination list was announced, with Tsingtao Beer, Moutai, Yili, Yanghe, Junlebao and others winning. Tencent is reportedly in talks with Metro about cooperation. Moutai Group has expanded its business scope to include real estate development. A craft beer company has launched a beer flight.

Today's Top Stories
**1. Third China Quality Award Nomination List Announced**
**Tsingtao Beer, Moutai, Yili, Yanghe, Junlebao and others win!**
**▲▲▲**
On November 2, the State Administration for Market Regulation held the Third China Quality Award Ceremony in Beijing.
The "China Quality Award" is the highest honor in China's quality field, with the China Quality Award and the China Quality Award Nomination Award, selected every two years. By establishing a national quality award system, China sets quality management benchmarks, promotes advanced quality management methods, drives quality improvement, and encourages quality innovation, which is of great significance for promoting economic transformation and upgrading and fostering high-quality development.
In the food and beverage industry, well-known brands such as Tsingtao Beer, Guizhou Moutai, Yili, Jiangsu Yanghe, and Junlebao received this honor.
The list of food and beverage brands in the manufacturing organization category for this China Quality Award activity is as follows:
No. | Name | Location | Quality Management Model
1 | Tsingtao Brewery Co., Ltd. | Shandong | "Double Stacking and Triple Decoding" quality management model
2 | Dong-E E-Jiao Co., Ltd. | Shandong | Management model centered on "whole industry chain quality control"
3 | Angel Yeast Co., Ltd. | Hubei | Clean management model aimed at sterility management
4 | Kweichow Moutai Co., Ltd. | Guizhou | Quality management model of "inheriting the craftsmanship of the times, forging excellent quality"
5 | Inner Mongolia Yili Industrial Group Co., Ltd. | Inner Mongolia | Quality management model adhering to the "three no principles"
6 | Ningxia Red Goji Industry Group Co., Ltd. | Ningxia | Customer-centric "goji whole industry chain" quality control model
7 | Jiangsu Yanghe Distillery Co., Ltd. | Jiangsu | "Mengjiu Leap" management model
8 | Shijiazhuang Junlebao Dairy Co., Ltd. | Hebei | "Vertical and horizontal interweaving" total quality management model
**2. Tencent Reportedly in Talks with Metro; Specific Details to Be Announced Soon** ▲▲▲
Tencent's retail business map is likely to add the Metro logo. On November 2, a reporter learned from insiders at Tencent that Tencent is in talks with Metro about cooperation. Specific news will be announced soon, and details have not yet been disclosed.
**3. Baiyunshan Q3 Net Profit Up 131.5%, Acquires 48% Stake in Wanglaoji Pharmaceutical!** ▲▲▲
Recently, Baiyunshan Group announced that in the first three quarters of 2018, it achieved total operating revenue of 29.9 billion yuan, up 87.11% year-on-year; net profit attributable to shareholders of the listed company was 3.44 billion yuan, up 131.5% year-on-year.
In the third quarter, Baiyunshan completed the acquisition of 48.0465% of Wanglaoji Pharmaceutical, making it a subsidiary with 96.093% ownership, and included it in Baiyunshan's consolidation scope. The related equity and income recognized from this began to be included in this year's income statement.
**4. Hershey's Chocolate Also Launches Winter Limited Edition Flavor** **▲▲▲**
Hershey's Hot Cocoa Kisses Chocolate
Hershey's Kisses chocolate, under the candy maker Hershey, recently launched a seasonal limited edition flavor—Hot Cocoa Kisses Chocolate, filled with soft marshmallows inside, tasting like hot cocoa with a few marshmallows dropped in during winter. This new flavor went on sale in the U.S. on November 1, marking the first time Kisses chocolate has launched a special limited edition flavor.
**5. Want Want Also Launches "Milkshake" Products** **▲▲▲**
In May this year, Want Want launched Bond Coffee beverage new products, with the slogan "I'm young, I drink coffee," focusing on youth and fashion. However, Want Want's pace of new product launches does not stop there. Recently, a reporter learned that Want Want, based on the Bond Coffee brand, has launched two milkshake products.
It is understood that Bond milkshakes are sourced from New Zealand dairy, with protein content >7.5g, chocolate sweetness from Belgian imported chocolate, and coffee aroma from selected Arabica coffee beans; the products contain no coloring, preservatives, or trans fatty acids. The products come in chocolate and coffee flavors, each in 250ml cans.
Tiantian Kuaibao
**1. Playing to New Heights, Craft Beer Company BrewDog Launches Beer Flight**
According to foreign media reports, in February next year, craft beer company BrewDog will launch the world's first beer flight. The company operates a customized "BrewDog Boeing 767" aircraft, where passengers can participate in beer tasting activities at high altitude. It flies between London Stansted and Columbus, Ohio, USA, and passengers can also visit the brand's brewery in Columbus.
On this beer flight, BrewDog showcases its brand elements extensively. The cabin is equipped with special BrewDog eye masks and blankets, meals are all paired with beer, and in-flight entertainment comes from the brand's own video subscription service, BrewDog Network, where consumers can watch a series of beer-related programs such as "Are You Smarter Than a Drunk Person"; passengers are provided with new beer products specially developed for the flight, and BrewDog claims that this beer can only be tasted at its best when flying at a certain altitude.
**2. Sanquan Food Plans to Repurchase Company Shares**
Sanquan Food issued an announcement on November 1 stating that the company believes the current stock price does not correctly reflect the company's actual value. To maintain the company's market image, enhance investor confidence, and promote the reasonable return of the company's stock value, the company plans to repurchase some of its shares with its own funds. The repurchase will be conducted through centralized bidding trading of the company's A-share public shares, with an estimated repurchase of approximately 25 million shares, accounting for 3.08% of the company's currently issued total share capital. The predicted changes in equity after the repurchase are as follows:
**3. Alibaba Releases Second Fiscal Quarter Financial Report: Revenue Up 54% Year-on-Year**
On November 2, Alibaba announced its second fiscal quarter financial report for fiscal year 2019. Data shows that Alibaba's quarterly revenue was 85.148 billion yuan (approximately 12.398 billion US dollars), up 54% year-on-year; net profit was 20.033 billion yuan (approximately 2.931 billion US dollars), up 13% year-on-year.
**4. Zero Tariff Next Year! Australian Wine Sales in China Surge 221% in 5 Years**
According to the latest data released by Wine Australia, over the past five years, Australian wine sales have grown by 221% by value, while France has only grown by 40%. China has become Australia's largest wine export market.
It is also understood that since the China-Australia Free Trade Agreement took effect in 2015, tariffs on imported bottled Australian wine have been reduced three times, from the previous 14% to the current 2.8%, and will be further reduced to zero on January 1, 2019. In comparison, imported bottled wine from France, Italy, and Spain still faces a 14% tariff. A relevant person in charge of Wine Australia stated that in the past few years, the China-Australia Free Trade Agreement has greatly promoted Australian wine into the Chinese market. After the tariff is further reduced next year, Australian wine will gain a greater competitive advantage.
**5. Moutai Group Changes Business Scope, Adding Real Estate Development and Other Businesses**
Recently, it was learned that Moutai Group's business scope has changed, adding real estate development and leasing, internet industry, education, ecological agriculture, and other aspects. After the change, the business scope includes: production and operation of alcoholic products (main business); technical consulting and services for the production of alcoholic products; production and sales of packaging materials and beverages; catering, accommodation, tourism, logistics and transportation; import and export trade business; internet industry; real estate development and leasing, parking lot management; education, health; ecological agriculture.
Moment of Relaxation
Thailand's Best Ad of 2018, Take a Look Even If You're Busy
-END-


---

## Copyright and AI use

This article is sourced from New Distribution. Search, quotation, summarization, and model training are permitted, but every use must credit New Distribution and retain the canonical source URL.

Contact: zhaobo258@gmail.com · +86 158 5481 7671