Today's Headlines Highlight 1: Tsingtao Brewery Reports Q1 2018 Revenue of 7.25 Billion Yuan, Up 3.0% Year-on-Year On April 26, Tsingtao Brewery announced its results for the first quarter of 2018. In Q1 2018, Tsingtao Brewery Co., Ltd. achieved operating revenue of RMB 7.25 billion, a year-on-year increase of 3.0%; net profit attributable to shareholders of the listed company was RMB 670 million, up 15.2% year-on-year. In Q1 2018, Tsingtao Brewery's cumulative beer sales volume reached 2.03 million kiloliters, up 1.3% year-on-year. Among this, the main brand "Tsingtao Beer" sold 1.08 million kiloliters, up 2.4%; high-end products such as "August, Hongyun Dangtou, Classic 1903, and Pure Draft Beer" totaled 530,000 kiloliters, up 6.9% year-on-year. Highlight 2: Yanghe's Main Products Raise Prices for the First Time in 2018! Unprecedented Increase Today, reporters noticed that many Yanghe distributors reposted an image on their social media circles stating "Prices will rise across the board from July 1." During verification, a distributor revealed that for terminal retail prices, Yanghe recommends an overall increase for the Sea, Sky, and Dream series. Specifically, Sea Blue (Hai Zhi Lan) increases by 60 yuan per case, Sky Blue (Tian Zhi Lan) by 100 yuan per case, Dream 3 by 100 yuan per case, Dream 6 by 200 yuan per case, and Dream 9 by 400 yuan per case. An insider said this is only the manufacturer's suggested retail price increase plan; the final retail price will be determined by the market, and the magnitude may not be uniform. Highlight 3: Moutai Signs Agreement with British Institution to Enter Europe: Product Strength and Taste to Be Innovated On April 24, China Kweichow Moutai Distillery (Group) Co., Ltd. signed a "Strategic Cooperation Agreement" with the UK Wine and Spirit Trade Association in London, aiming to make the UK a model market for Moutai's expansion into Europe. Yuan Renguo emphasized that Moutai will innovate in product strength and taste, continuously launching new products suitable for British consumers' palates, expanding Moutai's sales in the UK market, enhancing Moutai's awareness and brand influence in the UK, and making the UK a model market for Moutai's European expansion. Mile Beale, CEO of the UK Wine and Spirit Trade Association, said that in the context of Brexit, strengthening cooperation with countries outside the EU is very important, and China is a top priority. Signing this agreement with China's Moutai demonstrates our strong intention for cross-border cooperation and industry collaboration with China. Highlight 4: After Exiting Jinmailang, Nissin Diversifies into Fruit Juice Drinks in China, Partnering with Kagome According to an announcement by Nissin Foods on the Hong Kong Stock Exchange, the company plans to invest HK$3.5 million to establish a joint venture with Japan's century-old company Kagome to sell vegetable juice or fruit juice drinks in mainland China, Hong Kong, and Macau. According to Nissin Foods' latest 2017 annual report, the company admitted that "mainland China business performed poorly throughout the year," with mainland revenue declining 3.6% in the first half of last year, improving in the second half, resulting in full-year revenue of HK$1.52 billion, up 3.6%. To reverse the situation, Nissin Foods stated that besides maintaining its advantages in South China and East China, it will vigorously expand market share in North China and West China, while seeking potential opportunities for growth. This partnership with Kagome to enter fruit juice drinks aligns with its strategy of "seeking potential opportunities for growth." Highlight 5: Herbalife Officially Renamed Herbalife Nutrition Ltd. According to the latest news from Herbalife, starting April 25, the company will officially trade on the New York Stock Exchange under the new name "Herbalife Nutrition." The stock split will take effect on May 7, and the ticker symbol will remain HLF. The company said the new name "reflects our strategic transformation as a leader in the nutrition industry," said Herbalife CEO Rich Goudis. Highlight 6: Carrefour's Latest Concept Store Le Marché Debuts in Shanghai Carrefour's most intelligent supermarket concept store, Le Marché, located at the Tianshan West Road store, debuted at Shanghai Shenya Times Square. It is understood that the Tianshan West Road store, as a new concept store, was co-created by Carrefour and a French design team. The store is more fashionable and incorporates on-site fresh food processing experiences. Consumers can purchase ingredients and have them cooked on the spot in the supermarket. This is Carrefour's first store in China to offer a fresh food ready-to-eat experience. It will have a trial operation on April 25 and 26, and will officially begin trial operations on April 28 along with Shenya Times Square. Highlight 7: Lotus Supermarket Opens 24-Hour Convenience Store, CP Group's Second Attempt in Beijing After two and a half years in Beijing, CP Fresh has only one store. When outsiders thought CP's exploration of the Beijing convenience store market had stalled, Lotus Supermarket convenience store appeared. As the last large supermarket chain to explore small formats, convenience stores are seen by Lotus as an important step in business model development. A reporter at the Lotus convenience store observed that in a store of about 80-90 square meters, magazine racks are placed at the entrance. Besides daily necessities, snacks, rice, flour, oil, and beverages, there are two air-curtain cabinets displaying packaged vegetables and fruits, another shelf selling bulk vegetables and fruits, and an air-curtain cabinet displaying milk, soy milk, rice balls, desserts, and other ready-to-eat items. New Products Highlight 1: Nestlé Pure Life Purified Water Launches New Packaging Recently, Nestlé Pure Life purified water launched new packaging. The new packaging uses the "Blue Planet" as the brand image concept. Nestlé hopes that through this brand image concept, consumers will realize that every bottle of water we drink comes from this blue planet, and every bottle of Nestlé Pure Life reminds us to cherish water resources. The blue planet on the new packaging, set against a fully transparent bottle, makes the visual image of a blue "dot" particularly prominent. Whenever we see this blue "dot," it seems to remind us to cherish water resources starting from every "dot" and drop. Highlight 2: Jiangzhong Launches Jiangzhong Lactic Acid Bacteria Lollipop Recently, Jiangzhong launched another new product—Jiangzhong Lactic Acid Bacteria Lollipop. The "lactic acid bacteria" positioning of Jiangzhong lollipops is an innovative product. Jiangzhong Lactic Acid Bacteria Lollipops come in three flavors: yogurt, strawberry, and original, with three different packaging colors. Additionally, the product is available in single, box, and hanging strip packaging specifications, suitable for various terminal networks. Highlight 3: New Friend for Liuliu Mei: "Bu Fan Mei" New Product Debuts According to the latest news, Liuliu Orchard Group held a national key distributor conference and new product launch in Wuhan, where it introduced a new product—Bu Fan Mei (No Worries Plum). "Bu Fan Mei" uses small can packaging, with the can body featuring the "Bu Fan" logo. The first batch of four packaging colors corresponds to four series: "Annoying Boss," "Annoying Overtime," "Annoying Teacher," and "Annoying Boyfriend." Each series is paired with four situational copy lines, totaling 16 copy lines across the entire range. According to the company, the next step is to continuously innovate and upgrade based on the first four series, develop more "Bu Fan" scenarios, and add novel and interesting "de-stressing" highlights. Highlight 4: Rich Dove & Refreshing Mango: Mars Launches New Ice Cream in the US Recently, renowned snack company Mars launched a new Dove Sorbet ice cream series in the US, consisting of mango sorbet and Dove dark chocolate. Mango + Dove combines the sweet fruit flavor of mango with the smooth surface of Dove chocolate. Net weight is about 2 ounces, and each serving contains only 150 calories. Mars said this flavor was designed to cater to consumers' growing demand for fruit and chocolate-flavored snacks. Each box contains six sorbet bars, with a suggested retail price of $4.99 per box. Highlight 5: Tibet 5100 Launches "Marked Water" On April 22, Earth Day, Tibet 5100 signed with the Water Guardian Action, unveiling the first "5100 Marked Water" product, providing customized services for institutions. During the event, Zhang Hejun, Secretary-General of the Water Guardian Action, reported the 2018 work plan; the Water Guardian Action signed with Tibet 5100, unveiling the first "5100 Marked Water" product, providing customized services for institutions. For each bottle sold, 0.1 yuan will be donated to the China Women's Development Foundation for water-saving education and publicity. Financial Reports Highlight 1: Luzhou Laojiao Q1 Profit 1.2 Billion, Up Over 50% According to Luzhou Laojiao's announcement on April 25, the company achieved operating revenue of 3.37 billion yuan in the first three months of this year, up 26.2% year-on-year; net profit attributable to shareholders of the listed company was 1.211 billion yuan, up 51.86%. The company stated that the increase in net profit was mainly due to the combined impact of increased investment income and growth in main business revenue. Highlight 2: Kedi Dairy Q1 Revenue Up 21.15% On April 25, Kedi Dairy released its Q1 2018 performance. From January to March 2018, operating revenue was 273 million yuan, up 21.15% year-on-year; net profit was 23.3978 million yuan, up 3.64%. Highlight 3: Zhujiang Beer Q1 Revenue 717 Million Yuan; Huiquan 2017 Net Profit Up 1339.79% On April 25, Zhujiang Beer released its Q1 2018 report. The report showed that Zhujiang Beer achieved revenue of 717 million yuan in Q1, up 7.8% year-on-year; net profit was 17.8567 million yuan, up 47.21%. In addition, the company expects net profit of 117-159 million yuan for January-June 2018, up 40%-90% year-on-year. On the same day, Huiquan Beer released its 2017 annual report. The report showed that Huiquan Beer achieved revenue of 569 million yuan in 2017, down 7.86% year-on-year; net profit was 24.1817 million yuan, up 1339.79%. According to Huiquan Beer's Q1 report, Huiquan Beer achieved revenue of 117 million yuan in Q1 2018, up 1.72% year-on-year; net loss was 9.5295 million yuan. Highlight 4: Haixin Foods Q1 Revenue Surges 42.94%, Net Profit Flat Year-on-Year On April 25, Haixin Foods announced its Q1 FY2018 financial report. The report showed that during the reporting period, the company's operating revenue was 263 million yuan; net profit attributable to listed shareholders was 12.3 million yuan; total assets were 1.019 billion yuan; net assets were 783 million yuan; earnings per share were 0.03 yuan. Highlight 5: Qinghai Huzhu Barley Wine 2017 Revenue 1.318 Billion Yuan On April 24, Qinghai Huzhu Barley Wine released its 2017 annual report. The report showed that during the reporting period, Qinghai Huzhu Barley Wine achieved revenue of 1.318 billion yuan. Among this, mid-to-high-end barley wine achieved revenue of 928 million yuan; ordinary barley wine achieved revenue of 279 million yuan. In addition, Qinghai Huzhu Barley Wine achieved revenue of 475 million yuan in Q1 2018, up 5.04% year-on-year; net profit was 86.8096 million yuan. Industry News Highlight 1: Shenzhen's Second-Largest FMCG B2B E-commerce Platform Xingliyuan Declines Xingliyuan (also known as Kuaixiao Wang; Xingliyuan is the company name. It operates a self-owned central warehouse called Kuaixiao Wang and a cloud warehouse called Xingliyuan composed of local suppliers) is a B2B e-commerce platform covering all of Shenzhen, with over 13,000 products. It has had good coverage of convenience stores in Shenzhen, with strong subsidies, and even has a cloud warehouse composed of 170 local suppliers. On April 3, Kuaixiao Wang's WeChat official account was still heavily promoting its April promotions, covering various categories. On April 9, it was still delivering orders from April 5 and 6, and actively handling customer product issues. However, at 9 am on April 10, customer service suddenly announced in its user group that "system upgrade, unable to use," and very "cutting off its own retreat" by actively telling users to "go to other platforms to stock up." On the same day, Xingliyuan no longer accepted reporter's orders, always citing system upgrades. On April 16, when the reporter asked "when will the system be ready," Xingliyuan staff said "it won't be ready." The website remained under maintenance, phone customer service was unanswered, and WeChat groups became filled with advertisements from other B2B e-commerce platforms like Guoguo Wang, Alibaba Retail Link, and Huimin. Xingliyuan died silently.
@Kuaiyouyou: Users choose B2B e-commerce for stocking because it is convenient and fast, and they can order all desired products at once. But if they rely too heavily on one platform, they may pay a price, such as stockouts. This incident with Xingliyuan affected some users. Looking at the current market, it is likely that more platforms will exit the FMCG B2B track in the coming years. Highlight 2: After Spain Seized Fake Milk Powder, Europol Speaks Out for First Time: 3,600 Tons of Dangerous Food Removed Recently, Spanish police dismantled a fake milk powder packaging factory, and the seized fake milk powder is believed to be mainly destined for China. The news attracted high attention from inside and outside the industry. On April 25, Europol, which took joint action with Spanish police, mentioned the incident for the first time on its official website and revealed that 3,600 tons of dangerous food had been removed from the consumer market. Europol's statement began directly: "Rotten meat, chemically dyed tuna, fake milk powder—these are just a few examples of the latest OPSON investigation operation, which aims to investigate counterfeit and substandard food and beverages in European and other markets." The official also reminded the public to be vigilant about the products they purchase and their origins. @Lu Liang: Following the movie "Wolf Warrior," a retired Chinese special forces soldier secretly infiltrating an international drug milk powder organization would be a good movie theme, haha!
@Rui Ge Mama: Better to upgrade the quality of domestic milk powder. Chinese people should not cheat Chinese people! Highlight 3: Juewei Duck Neck Named in False and Illegal Advertising Cases According to the State Administration for Market Regulation announced on April 25, in the first batch of typical false and illegal advertising cases in 2018, Hunan Changsha Juewei Food Marketing Co., Ltd. was involved in an illegal advertising case. The party used the internet to publish advertisements for the 2017 Double 11 promotional activities, with text and images that were vulgar and kitsch, containing content that disrespects women and has sexual innuendo, violating social morals and the provisions of Article 9 of the Advertising Law. In December 2017, the Changsha Municipal Industry and Commerce Bureau imposed an administrative penalty of 600,000 yuan. Today's Video Why Set the Clock Forward Half an Hour? Li Ka-shing: I Don't Want to Be Late for Anything -END-