Click the image for details Top News 1. Jinmailang Second Son's Acquisition 'Falls Through', Losing 100 Million! ▲▲▲ Yesterday, the latest development in Fan Mingke's 1.3 billion yuan acquisition of Lantai Sports equity was announced. Lantai Sports announced that the transfer of control rights was terminated because the counterparty (Fan Mingke) failed to pay the consideration in time. According to the agreement, Fan Mingke, as the defaulting individual, will bear a 100 million yuan penalty. Multiple industry insiders confirmed that Fan Mingke is the second son of Fan Xianguo, the boss of Jinmailang. @梦里清欢长: It seems that implementing the acquisition is not easy! 2. Tiandi No.1 Launches 'Baiguo No.1' to Enter High-End Juice ▲▲▲ When mentioning Tiandi No.1, most people's first reaction is probably apple cider vinegar. However, a few years ago, Tiandi No.1 began to lay out beverages beyond apple cider vinegar. Recently, Tiandi No.1 launched another new product - Baiguo No.1. This name may not be unfamiliar to those who follow Tiandi No.1. Three years ago, Tiandi No.1 revealed in its financial report that it was preparing the Baiguo No.1 juice beverage product. Now, the new product has finally been unveiled after much anticipation. According to Tiandi No.1, Baiguo No.1 is a mixed fruit juice product. It is made from a blend of 9 fruits including oranges, pineapples, apples, pomegranates, grapes, and mangoes, with a juice content of up to 130%. It claims to be 'more juice than juice', with a sweet and sour refreshing taste. It is also additive-free and preservative-free, making it a healthy beverage that aligns with consumption trends. Baiguo No.1 also primarily targets the catering channel, packaged in boxes with a specification of 1L. Currently, the retail price at Tiandi No.1's flagship store is 29.8 yuan per box. To ensure the taste and freshness of the juice, this product requires refrigerated storage. @岁月你别催: I heard it tastes good, worth trying. 3. Exclusive Breastfeeding Rate for Infants Under 6 Months in China Less Than 30% ▲▲▲ Recently, the China Development Research Foundation released a research report based on a questionnaire survey of over 10,000 mothers of children under 1 year old nationwide from September 2017 to January 2018. The report shows that the exclusive breastfeeding rate for infants under 6 months in China is 29.2%, with big cities having a higher rate than rural areas and small and medium-sized cities. Fang Jin, Deputy Secretary-General of the China Development Research Foundation, stated that the low exclusive breastfeeding rate is partly due to misleading promotion of breast milk substitutes. In addition, mothers' insufficient awareness of breastfeeding, inadequate support from medical institutions, families, workplaces, and public places, as well as short maternity leave, are also major factors affecting breastfeeding in China. @浅浅的微笑: Exclusive breastfeeding should be promoted! Mainly because milk powder brand advertisements are too exaggerated... 4. PepsiCo Starts New Round of Layoffs, Commits to Paying Millions in Severance ▲▲▲ PepsiCo recently confirmed a layoff plan as part of its major restructuring that will take four years. The company has committed to paying millions of dollars in severance. According to two laid-off employees, in mid-February, employees at PepsiCo's Texas office and New York headquarters received layoff notices. It is currently unclear how many teams or individuals will be affected. PepsiCo declined to comment on the layoffs, but the company estimates that the 2019 layoff plan will cost millions of dollars. @掌心里的海: More and more positions don't need that many people... 5. Luckin Coffee in Talks with 3 Investment Banks, Plans US IPO This Year ▲▲▲ According to Reuters, Luckin Coffee is in talks with 3 investment banks and plans to go public in the US this year. The media also reported that Credit Suisse is the only bank that has so far won formal authorization for Luckin Coffee's IPO, with the IPO expected as early as May or June, possibly in the second half of the year; Goldman Sachs and Morgan Stanley are preparing for Luckin Coffee's IPO. On February 1, Bloomberg also reported that Luckin Coffee would conduct a $300 million IPO in the US as early as the second quarter. At that time, Luckin Coffee's PR director Zhao Yanyan said, 'Sorry, I haven't received this news.' @一只失宠猫: Is the IPO a matter of time? 6. 2018 Total Retail Sales of Consumer Goods Reached 38 Trillion Yuan, Up 9.0% Year-on-Year ▲▲▲ Today, the National Bureau of Statistics released the 2018 National Economic and Social Development Statistical Bulletin. The bulletin shows that the total retail sales of consumer goods for the year reached 38.0987 trillion yuan, an increase of 9.0% over the previous year. By operating location, urban retail sales of consumer goods reached 32.5637 trillion yuan, up 8.8%; rural retail sales reached 5.535 trillion yuan, up 10.1%. By consumption type, commodity retail sales reached 33.8271 trillion yuan, up 8.9%; catering revenue reached 4.2716 trillion yuan, up 9.5%. @记事本: Can't afford a house, a car, or high-end consumer goods, so I might as well eat and drink more, right? Otherwise? Annual Report Overview Monster Beverage's China Market Losses Again On February 27 US time, Monster Beverage announced its fourth quarter and full-year 2018 results. Data shows that in the fourth quarter of 2018, Monster Beverage's global total sales increased 13.7% from $934.8 million in the same period last year to $1.06 billion; in 2018, global total sales reached $4.43 billion, an increase of 14.7% over the same period last year. In the Chinese market, although Monster is still advancing steadily, it still lost money in the fourth quarter of 2018. In response, Monster Beverage's vice chairman stated that the loss was within expectations and expressed optimism about the potential of the new product Monster Ultra Light launched in the fourth quarter of 2018, as well as the prospects for the Chinese market and Monster. Carabao's China Revenue Halved Recently, Carabao also announced its 2018 results. According to its financial report, Carabao's China market revenue in 2018 was 592 million Thai baht (approximately 125 million yuan), a decline of over 40% from the previous year. Since officially entering the Chinese market in 2017, Carabao began vigorous marketing, setting up branches in multiple locations, and investing 400 million yuan in just 6 months. In the early stage, Carabao's performance was indeed impressive, achieving sales of 1.019 billion Thai baht (approximately 210 million yuan) in 2017 and setting a sales target of 300 million cans for 2018. However, it is not easy to gain a share in China's highly competitive functional beverage market. Carabao did not achieve the expected results. Despite changes in leadership and market adjustments, Carabao is still moving further away from its set goals... '1919' 2018 Revenue Exceeds 4 Billion On February 28, 1919 released its 2018 annual performance report, with operating revenue exceeding 4 billion yuan, a growth of 19.52%. After Alibaba's 2 billion yuan strategic investment was in place, 1919's total assets exceeded 5.3 billion, a significant increase of 77.5% over the previous year; net assets per share were 24.12 yuan, an increase of 4 times. Yanghe 2018 Revenue 24.1 Billion, Net Profit 8.1 Billion On February 27, Yanghe released its 2018 annual performance report. The announcement shows that during the reporting period, the company achieved revenue of 24.122 billion yuan (2017 revenue was 19.77 billion yuan), a year-on-year increase of 21.1%; net profit was 8.105 billion yuan (2017 net profit was 6.598 billion yuan), a year-on-year increase of 22.3%. 81.55 Billion! Ferrero Releases Fiscal Year Results, Revenue Up 2.1% Year-on-Year Recently, Ferrero International (the parent company of the Ferrero Group) approved the group's consolidated financial statements for the 2017/2018 fiscal year. In the 2017/2018 fiscal year, the Ferrero Group achieved a consolidated total turnover of 10.7 billion euros (approximately 81.55 billion yuan), an increase of 2.1% over the previous year. By regional performance, finished product sales increased by 3.5%, driven by growth in markets such as Germany, France, Italy, Poland, the UK, and the US. By product performance, net sales growth was mainly driven by products such as Nutella hazelnut cocoa spread, Ferrero Rocher hazelnut wafers, Kinder Surprise, Kinder Bueno, and Kinder chocolate. Qinghai Huzhu Barley Wine 2018 Net Profit Surges 216.01% On February 27, Qinghai Huzhu Barley Wine released its 2018 annual performance report. The announcement shows that during the reporting period, the company achieved revenue of 1.374 billion yuan (2017 revenue was 1.318 billion yuan), a year-on-year increase of 4.24%; net profit was 109 million yuan (2017 net profit was -94 million yuan), a year-on-year increase of 216.01%. Eternal Asia 2018 Revenue 71.423 Billion Yuan, Net Profit Down 65.85% On February 27, Eternal Asia released its 2018 annual performance report. The announcement shows that during the reporting period, the company achieved revenue of 71.423 billion yuan (2017 revenue was 68.515 billion yuan), a year-on-year increase of 4.24%; net profit was 203 million yuan (2017 net profit was 595 million yuan), a year-on-year decrease of 65.85%. Beingmate Successfully Maintains Listing! 2018 Net Profit 40.92 Million On the evening of February 27, Beingmate released its 2018 performance forecast. The announcement shows that Beingmate's revenue last year was 2.476 billion yuan, a slight decrease year-on-year, but net profit turned from loss to profit, with net profit of 40.92 million yuan, a year-on-year increase of 103.87%, successfully maintaining its listing status. Regarding the high growth in profitability, Beingmate stated that in 2018, the company strengthened investment in main business and key elements, invested limited resources in brand asset development, adjusted category structure, adjusted regional channel development strategies, vigorously developed new retail, strengthened market order maintenance, thereby optimizing the overall revenue structure and increasing profit contribution. The company reduced inefficient cost expenditures, optimized production capacity, revitalized assets, strengthened management of accounts receivable and inventory, and increased profits. Qiaqia 2018 Operating Revenue 4.2 Billion On February 27, Qiaqia released its performance report stating that in 2018, it achieved total operating revenue of 4.191 billion yuan, a year-on-year increase of 16.34%; net profit attributable to shareholders of the listed company was 433 million yuan, a year-on-year increase of 35.58%. Regarding the reasons for performance growth, Qiaqia Food stated in the report that in 2018, the company kept up with the industry development trends of consumption upgrading and policy orientation, focused on positioning, stimulated organizational vitality, and strengthened brand building. After product upgrades, combined with market demand, some product prices were adjusted, and plans for new markets and new business layouts were made. Sales scale continued to grow, and the sales structure was optimized. Suning.com: Last Year's Revenue Grew 30.53%, Store Count Exceeds 11,000 On the evening of February 27, Suning.com Group Co., Ltd. released its 2018 annual performance report. The results show that Suning.com's operating revenue last year was 245.311 billion yuan, a year-on-year increase of 30.53%; net profit attributable to shareholders of the listed company was 13.32 billion yuan, a year-on-year increase of 216.20%. On January 9, Suning.com released a performance forecast, expecting 2018 net profit to be between 12.788 billion and 13.209 billion yuan, slightly lower than the net profit in the February 27 performance report. By-Health 2018 Net Profit Reaches 1 Billion Yuan On February 27, By-Health released its annual report summary. In 2018, the company achieved revenue of 4.351 billion yuan, a year-on-year increase of 39.86%, and net profit of 1.002 billion yuan, a year-on-year increase of 30.79%. By-Health stated in the announcement that the performance growth was mainly due to the company's sales boost. In 2018, the company further consolidated its big single product strategy, implemented the e-commerce branding 2.0 strategy, etc. The battles of big single products and e-commerce branding achieved significant results, winning new growth opportunities for the company, laying a new growth foundation, and starting a new round of growth cycle. 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New Distribution will hold the 2019 (5th) FMCG + Internet Conference during the Chengdu Spring Sugar and Wine Fair from March 15 to March 18. This conference will focus on the topic 'Breakthrough', with in-depth discussions with many brand owners, supply chain service providers, distributors, retailers, and others. Compared to previous conferences, this summit will be fully upgraded. In addition to the original topics such as channel innovation, city distribution logistics, distributor transformation, it also adds multiple parallel forums such as new marketing cases, IP + FMCG empowerment, community group buying, innovative retail, etc. Through three days of ten high-density, high-quality expert sharing and exchanges, we believe that every brand owner and distributor can learn the latest business models, expert opinions, and practical methods, find new tools and methods for their own breakthrough in 2019, and return to the track of rapid growth. Review of Previous Conferences -END-