---
title: "News Flash | Want Want's \"New Fiscal Year\" Results Released with Net Profit of 3.1 Billion; Watsons Enters the Alcohol Market; Nongfu Spring Invests in Major New Projects; Danone Launches New F4 Idol Bottles..."
description: "Today's top stories: Want Want's first new fiscal year results show revenue exceeding 20 billion yuan and net profit of 3.1 billion yuan. Nongfu Spring plans to build two production lines with a combined annual output of 1.939 million tons. Watsons opens its first digital concept store, introducing nearly 100 wine products. Danone launches new F4 idol bottles. Other highlights include new product launches and industry news."
author: "New Distribution"
publisher: "New Distribution"
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published: "2018-06-06"
categories: "Capital, Earnings & M&A"
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---

# News Flash | Want Want's "New Fiscal Year" Results Released with Net Profit of 3.1 Billion; Watsons Enters the Alcohol Market; Nongfu Spring Invests in Major New Projects; Danone Launches New F4 Idol Bottles...

> Today's top stories: Want Want's first new fiscal year results show revenue exceeding 20 billion yuan and net profit of 3.1 billion yuan. Nongfu Spring plans to build two production lines with a combined annual output of 1.939 million tons. Watsons opens its first digital concept store, introducing nearly 100 wine products. Danone launches new F4 idol bottles. Other highlights include new product launches and industry news.

Today's Headlines
**Highlight 1: Revenue Exceeds 20 Billion, Net Profit Reaches 3.1 Billion, Want Want's "First New Fiscal Year" Results Released**
On June 5, Want Want released its 2017 annual results. Notably, to avoid excessive fluctuations in the group's fiscal year operating results due to different dates of the Spring Festival, Want Want specially changed its fiscal year-end date from December 31 to March 31. That is to say, April 1, 2017 to March 31, 2018 is Want Want's new fiscal year results.
According to the financial report, Want Want's revenue for the new fiscal year 2017 reached 20.2747 billion yuan, a year-on-year increase of 6.6%. Among them, main products such as Want Want milk, rice cracker main brand, ice products, and small steamed buns all achieved double-digit or near-double-digit growth. The three major product categories maintained a balanced development trend, with rice crackers and snacks accounting for 52.4% of total revenue, and dairy and beverages accounting for 47.4%.
**Highlight 2: Nongfu Spring Plans to Build Two Production Lines with a Combined Annual Output of 1.939 Million Tons of Beverages and Natural Water**
According to recent news from Jiande City Land Resources Bureau, Nongfu Spring (Jiande) Xin'anjiang Beverage Co., Ltd. plans to build a production line with an annual output of 834,000 tons of fruit tea beverages and natural drinking water, located in Zhujiabu, Xin'anjiang Street, Jiande City. In addition, the company also plans to build a production line with an annual output of 1.105 million tons of beverages and natural drinking water, located in Zhujiabu (Meiping Village), Xin'anjiang Street, Jiande City. Both projects have been approved.
**Highlight 3: Watsons Opens Its First Digital Concept Store: Introduces Nearly 100 Wine Products, Plans 500 New Stores in China**
According to reports, Watsons recently opened a shopping concept store called CKC18 at Cheung Kong Center in Hong Kong. Unlike previous stores, CKC18 features a food zone, beauty and health zone, gaming and trend zone, and wine zone. Consumers can skip queues and pay by scanning codes with their mobile phones. Watsons Group Managing Director Li Qiming said that Watsons is accelerating its digital transformation and will open 1,300 new stores globally this year, with 500 new stores in China.
It is reported that the newly opened CKC18 covers an area of about 2,415 square meters and consists of four shopping sections, including a wine area called Bar 0001 by Watson's Wine, which features an in-store bar, Bar 0001. Unlike typical bars that offer only a few wines by the glass, Bar 0001 offers nearly 100 wines, sake, and spirits from around the world.
**Highlight 4: Liangpin Shop, Three Squirrels, Baicaowei, and Lai Yifen Become Industry Pioneers**
Recently, Ebrun Power Research Institute released the "China Leisure Snacks New Retail Research Report." The report shows that China's leisure snack industry has risen from its inception to a hot trend and has now entered a new retail stage of integrated development. The leisure snack market is far from saturated, with huge growth potential. The industry shows characteristics such as higher online concentration than offline, refined market development, more opportunities for brand cultivation in second-tier cities, and coexistence of strong supply chain dependence and strong control.
Liangpin Shop, Three Squirrels, Baicaowei, and Lai Yifen, as pioneers in leisure snack new retail, have conducted beneficial and fruitful explorations in dimensions such as omni-channel, big data, product strength, and brand strength. Currently, Liangpin Shop ranks first in omni-channel sales; Three Squirrels is the champion in nut single products, with nearly 100 SKUs under nuts alone.
**Highlight 5: Synutra Officially Completes Acquisition of Henan Jinyuan Dairy, "Shangbo" Brand First to Receive Acceptance**
Mr. Liu Xiaoyi, General Manager of the Commercial Department of Synutra International Group, and Mr. Ren Hao, a relevant person in charge of Synutra International, recently went to Henan Jinyuan Dairy to execute the contract, officially acquiring Henan Jinyuan Dairy Co., Ltd. The acceptance certificate will be issued soon.
According to Mr. Xu Feng, General Manager of Synutra Shangbo Business Division: "Three series brands have been confirmed, and Shangbo is the only one introduced through import. The factory renovation project will be completed in June." The factory quota is used for the "Shangbo" series products, and the production of the Shangbo series remains unchanged in France. It is clear that Synutra's key product information is already very clear. The "Shangbo" brand is another imported brand that has obtained enterprise registration quota and is about to pass, following the three major series such as Youbo from the French factory.
**Highlight 6: First National Platform to Enter the Salt Industry! Zhejiang Salt Industry "Endorses" Retail Link**
Recently, Alibaba Retail Link and Zhejiang Salt Industry Group officially signed a strategic cooperation agreement in Hangzhou. Zhejiang Salt Industry will rely on Retail Link's channel and technology advantages to fully integrate into Retail Link, using its intelligent distribution system to cover more than 1 million mom-and-pop stores nationwide. This is a milestone event in the supply-side reform practice of the salt industry.
**Highlight 7: Kedi Group: Retrial Requested After Losing Second Instance in Series of Private Lending Cases**
In response to media reports that "Kedi Group is involved in multiple private lending disputes and has been listed as a dishonest person by the court," Kedi Food Group Co., Ltd. recently issued a clarification announcement on its official website, stating that Kedi Group has no lending relationship with the parties involved in the above private lending disputes.
In the announcement, Kedi Group stated that the main party in the series of cases, Zhang Moumou, was originally an employee of Kedi Group responsible for banking business. From 2012 to 2016, Zhang Moumou illegally absorbed deposits from more than 100 people in society, including 15 people involved in the series of cases involving Kedi Group, such as Jin Moumou and Geng Moumou.
After Kedi Group appealed, the Shangqiu Intermediate People's Court upheld the original judgment in the second instance. According to public information on the Judgment Documents Network, Kedi Group has been involved in multiple private lending disputes similar to Geng Moumou's case in recent years, and has repeatedly appealed to intermediate courts, but all were rejected.
**Highlight 8: 43 Batches of Formula Registrations Released Again, 18 Formulas from 4 Brands Including Yashili and Hengsheng Dairy Approved**
On June 5, the China Food and Drug Administration (CFDA) announced the latest list of approved infant formula registrations, including 18 formulas from 4 companies: Hengsheng Dairy, Yashili, Bodco, and INDUSTRIAS LACTEAS ASTURIANAS, S.A.
As of today, the CFDA has approved 1,156 formula registrations.
**Highlight 9: Golden Eagle 7-11 Opens First Store in Jiangsu, Franchise to Open by Year-End**
The reporter has learned that the first Golden Eagle 7-ELEVEn store in Jiangsu has opened at the Golden Eagle Shopping Center on Zhujiang Road in Nanjing. It is reported that fresh food is the exclusive product of this store, with daily delivery accounting for more than 55% of the store's total products, and the remaining 45% are normal products, of which 70% are differentiated products. Golden Eagle 7-ELEVEn has a product renewal rate of 10%-15% per month, and products are changed according to season, weather, and sales trends. On the one hand, this meets customers' curiosity; on the other hand, it is also Golden Eagle 7-ELEVEn's rapid response to market changes. Early next year, Golden Eagle 7-ELEVEn will enter other counties and cities in Jiangsu Province, with plans to open 1,000 stores across the province within three years.
New Products
**Highlight 1: Want Want Launches New Highland Barley Milk Tea**
This time, Want Want is not selling milk but milk tea. It is reported that this is a solid milk tea beverage. The highland barley comes from the Qinghai-Tibet Plateau, with a fresh wheat aroma, paired with milk fat powder made from fresh raw milk, giving a pure milk flavor. The collision of wheat and milk aromas results in a smooth and rich taste.
**Highlight 2: Danone Launches New F4 Idol Bottles: "Lemon Comes" and "Coconut Comes"**
Recently, Danone has made new moves, launching new F4 idol bottle products: "Lemon Comes" and "Coconut Comes."
It is reported that Lemon Comes and Coconut Comes are beverage products targeted at young people aged 15-20. Last year, Danone invited multiple members of the popular Asian idol group SNH48 to endorse the products, easily leveraging the fan economy and making the products quickly popular. This time, they invited the four handsome members of the new F4 to endorse the products, and it remains to be seen what "chemical reaction" this will produce.
**Highlight 3: Beijing Daoxiangcun Joins Forces with Huang Doujun to Launch Ice Cakes**
Before the Dragon Boat Festival, Beijing Daoxiangcun, together with actor Huang Bo's Han Na Film, launched a Huang Doujun ice cake gift box themed on Huang Bo's two-dimensional image. It is understood that the packaging of the Huang Doujun ice cake gift box focuses on a "cute and silly" style. On the basis of inheriting quality, it integrates the diverse personalities and IP images of Huang Doujun and his friends into the pastry fillings and flavors. The versatile design makes this set of pastries full of novelty and vitality from appearance to taste.
The gift box contains five flavors: cheese kumquat, coffee sesame, red wine beef, matcha red bean, and egg yolk fruit and vegetable. The outer packaging uses yellow as the main color and features white cartoon fonts, presenting psychological activities such as "hesitating, to eat or not to eat" when the new generation of consumers faces delicious food, full of fun. The net weight of the Huang Doujun ice cake gift box is 260g. It is currently available for pre-sale on JD.com at a price of 39.9 yuan.
Industry News
**Highlight 1: Alibaba Releases Snack Industry Taste Map**
Recently, the Alimama user research team brought the latest snack industry taste map research report. Based on Alibaba's big data, it focuses on six potential flavors from the dimensions of stock and increment in the snack industry.
The study found that young students prefer spicy and stinky flavors, while highly educated middle-class prefer salty, fresh, and cheese. Geographically, people who prefer cheese flavors are concentrated in Shanghai, Beijing, Jiangsu, Zhejiang, and Tianjin. At the same time, the six potential flavors with the fastest annual growth are, in order: "spicy, sweet, sour, salty (fresh), stinky, and cheese."
It is particularly worth noting that cheese lovers have the highest brand loyalty. They are heavily brand-oriented and value quality. At the same time, this group has stronger purchasing power, cares about family, and is more easily influenced by festive atmospheres.
Taking 24 hours a day as the axis, in the morning they love sour to refresh, in the afternoon they love salty and fresh, and at night they love heavy flavors (spicy, stinky, sweet, sour); 22:00 at night is the golden time for the snack industry to communicate with consumers. Taking the four seasons as the axis, they love sour during spring and autumn transitions, sweet in winter, and heavy flavors in summer.
**Highlight 2: Moutai Group and Jiangnan University Sign Major Agreement: Strongest Brewing Enterprise Seamlessly Connects with Strongest Brewing University**
On June 3, leaders of Moutai Group and Moutai Institute, including Li Baofang and Ji Keliang, visited Jiangnan University and signed a seamless strategic cooperation agreement.
The Moutai Group-Jiangnan University cooperation agreement includes: establishing partnership status; setting up Chen Jian Academician Workstation; establishing expert workstation; joining Moutai Think Tank; jointly promoting high-tech and industrialization research; and talent cultivation in six aspects.
The Jiangnan University-Moutai Institute counterpart support cooperation agreement includes: talent cultivation; professional discipline and scientific research; faculty team building; and management team building in four aspects.
**Highlight 3: Ready-to-Drink Green Tea Becomes Main Contributor to Global Green Tea Market Growth, Will Further Increase in Coming Years**
Recently, ready-to-drink green tea has become the main contributor to the growth of the global green tea market. According to the latest report forecast by Transparency Market Research, the international green tea market will go further in the next few years!
The report mentions that with the increasing number of green tea lovers worldwide, it is expected that by 2024, simple and beautiful tea product packaging will stimulate people's desire to buy, further encouraging market sales growth; at the same time, more "players" will participate in the market.
**Highlight 4: Modern Dairy Holds Annual General Meeting, Strengthens Synergy with Mengniu**
On June 1, China Modern Dairy Holdings Co., Ltd. held its 2018 annual general meeting in Hong Kong. Chairman Lu Minfang, Vice Chairman and President Gao Lina, and Non-Executive Director Zhang Ping attended the meeting.
During the Q&A session, Chairman Lu Minfang stated that in downstream cooperation, Mengniu will promote Modern Dairy as an important brand, enhancing the Modern Dairy brand through World Cup sponsorship and advertising marketing, and promoting the sales of downstream brand milk. He believes that under the premise of maintaining a stable price system, Modern Dairy's brand milk sales will achieve healthy and positive growth. Company President Gao Lina stated that Modern Dairy has emerged from the trough. In the future, it will focus on dairy farming business, increasing yield and reducing costs upstream, while the downstream brand milk business will be handed over to Mengniu's professional team for operation. She believes that Modern Dairy's performance in 2018 will improve significantly.
Today's Video
**Danone and Nestlé Waters Jointly Develop 100% Bio-Based Plastic Bottles with California Startup**
-END-


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## Citation metadata

- Publisher: New Distribution
- Author: New Distribution
- Published: 2018-06-06
- Canonical: https://xinjignxiao.com/en/articles/news-flash-want-want-s-new-fiscal-year-results-released-with-net-profit-7ae9e1e1/
- Original source: https://mp.weixin.qq.com/s/zwF5XStvkCfGLzE5gb_11A

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