FMCG News

  1. Uni-President Chairman: Actively Respond to Mainland Market Changes, Future Strategy is One Core Plus Four Main Axes Uni-President Enterprises held a shareholders' meeting, chaired by Chairman Lo Chih-hsien. After the meeting, Lo stated that the overall mainland China market has no problems, and Uni-President will actively cooperate with changes. He also said that Uni-President's future strategy will be one core plus four main axes, including strategic alliances and strategic M&A. According to Taiwanese media reports, Lo said that with the efforts of the management team, last year's revenue was NT$413.4 billion (approximately RMB 92.7 billion), and net profit after tax was NT$14.5 billion, up 3% from the previous year, both setting new records. He hopes to continue growing this year and create greater benefits for shareholders. Lo also pointed out today that the future strategy will be one core plus four main axes. Specifically, the company will take brand management as the strategic core, and develop in the four main directions of manufacturing + R&D, trade and distribution, channel operation, and strategic alliances + strategic M&A, actively deepening the pan-Asian regional layout.
  2. Another Giant Enters the Functional Beverage Market, Can the "Little Pink Bottle" Help It Expand Territory? "BioSteel" is Canada's most famous sports drink brand, holding more than half of the local sports drink market share. This product is not only the beverage of choice for North American professional sports, but also popular in the North American mass consumer market, even once impacting Gatorade's market share. In 2016, BioSteel officially entered the Chinese market. One year after entering China, BioSteel launched a new domestic PET product, which officially hit the market in mid-June. This domestic PET product retails at 6 yuan per bottle and 90 yuan per case, targeting professional sports people and the general health-conscious exercise crowd, and has simultaneously launched a series of brand strategies and promotional policies.
  3. Juewei Duck Neck and Ele.me Jointly Establish Venture Capital Fund to Find the Next Internet-Famous Food According to Jiemian News, Juewei Food Co., Ltd. recently announced that its wholly-owned subsidiary Shenzhen Wangju Investment Co., Ltd. and Ele.me's parent company Lazas Network Technology (Shanghai) Co., Ltd. each invested 100 million yuan to establish an investment fund named "Juele". Guangzhou Juyizhuo Investment Management Co., Ltd. also participated. Juewei is a braised food company, and Ele.me is an online food delivery technology company, and both want to find the next "internet-famous" product in the food and catering industry. The partnership, with a term of 7 years, plans to spend 2 years finding projects, then manage them for the next 5 years, and then exit. Corporate Headlines
  4. Analyst Suggests Nestlé Sell All Confectionery Business Last week, Nestlé announced a strategic review of its U.S. confectionery business. In an analysis report, a senior asset analyst at SIG suggested that with the new CEO taking office in January this year, Nestlé could move in a new direction and withdraw from the confectionery business globally, as selling the entire business would appear more attractive and is clearly a strategic move. However, Nestlé stated in a statement last week that it remains committed to maintaining a leading position in the global confectionery industry, especially for the global brand "KitKat". According to market research firm Euromonitor, Nestlé's global confectionery business generates annual revenue of $7.4 billion. Nestlé said last week that its U.S. confectionery business had revenue of $924 million last year. SIG analysts believe that due to antitrust issues with a Hershey acquisition, the most likely buyers for Nestlé's U.S. confectionery business are Lindt and Mondelez International.
  5. Selling Subsidiary and Acquiring Bakery Enterprise: Has the Leader in Paste Products, Black Sesame, Hit a Ceiling? According to Beijing Business Today, Southern Black Sesame Group Co., Ltd. yesterday issued consecutive announcements stating that it will sell a subsidiary for 295 million yuan, acquire a bakery food company for 80 million yuan, and invest 300 million yuan to establish a joint venture subsidiary to increase its lithium battery business. Zhu Danpeng, a food and beverage industry researcher at the China Brand Research Institute, believes that Black Sesame, as the leader in paste products, has hit a performance ceiling. Diversifying from a strategic perspective is not a problem, but Shenzhen Rungu, which develops bakery foods, has not shown impressive performance. For cross-industry expansion into lithium batteries, the key is the construction of personnel, authorization, and marketing systems, but Zhu is not optimistic about Black Sesame's business philosophy and other aspects.
  6. Gujing Gongjiu's 2016 Performance Rises: Revenue of 6.017 Billion Yuan and Net Profit of 830 Million Yuan According to Jiemian News, Anhui Bozhou liquor company Gujing Gongjiu held its 2016 annual shareholders' meeting yesterday. At the meeting, Gujing Gongjiu announced its 2016 financial data. Last year, Gujing Gongjiu achieved revenue of 6.017 billion yuan, a year-on-year increase of 14.54%; net profit was 830 million yuan, a year-on-year increase of 15.94%. Gujing Group stated that the company's growth rate over the past 8 years was about 40%, and in 2016 the growth rate was between 20% and 30%. Creative Thinking Space Confess without speaking Car Not just for riding, but for entertainment Thai car advertisement -END-