Scan the QR code in the image to register Just now, Uni-President China announced its 2020 final results, with revenue of RMB 22.761 billion, up 3.4% from the previous year. Net profit was RMB 1.626 billion, an increase of 19.0% year-on-year. EBITDA was RMB 3.674 billion, up 7.6% from the previous year. A final dividend of RMB 37.64 cents per share for 2020 is proposed. The financial report shows that food business revenue was RMB 9.424 billion, up 10.9% from the same period last year. The instant noodle industry saw a surge in demand in the first half of the year, with significant growth, but returned to normal in the second half. In 2020, Uni-President's instant noodle business revenue was RMB 9.055 billion, up 7.2% year-on-year. In the instant noodle segment, "Uni-President Laotan Sauerkraut Beef Noodles" focused on enhancing the "three properties" of the product in 2020, namely improving the "stability, continuity, and consistency" of the product, supporting the core value of "authentic and tangy". Based on the invention patents already obtained, the company refined its processes and procedures, upgraded the formula, and introduced a more recognizable new packaging, further enhancing brand loyalty. The premium brand "Tang Daren" has seen double-digit growth for 12 consecutive years, highly recognized by the market and users. The brand continues to invite new-generation actors with qualities of "focus, sunshine, and vitality" as spokespersons, expanding the consumer base of "Tang Daren" and continuously promoting the brand concept of "Good noodles, determined by the soup". The newly upgraded products "Tang Daren" and "Ji Wei Guan" series, launched a year ago, have gained favor among mid-to-high-end users, with steady sales growth, further strengthening and enhancing the brand image of "Tang Daren" as a premium soup brand. It is worth noting that the premium Chinese cuisine brand "Kai Xiao Zao" continues to be recognized by consumers, with revenue achieving multiple-fold growth in 2020. In 2020, brand spokesperson Xiao Zhan rapidly expanded the brand awareness of "Kai Xiao Zao", attracting many consumers' attention, and used brand image stores as a consumer interaction platform to cultivate core consumer groups. In the beverage segment, revenue in 2020 was RMB 12.56 billion, down 1.3% year-on-year. However, "Uni-President Assam Milk Tea" maintained positive growth, up 7.3% year-on-year, maintaining its leading position in the bottled milk tea market. The sugar-free tea "Cha Li Wang" has seen increasing market recognition, with sales achieving multiple-fold growth. In addition, in 2020, Uni-President also launched traditional Chinese regional cuisine products such as "Na Jie Na Xiang", "Guilin Rice Noodles" (in fresh rice noodle form), and "Lanzhou Beef Noodles". Uni-President stated that in the post-pandemic era, challenges and opportunities coexist. The company will continue to strive, adhere to focused operations and brand building, adapt to new consumption norms such as e-commerce and the home economy, as well as health-oriented and family-oriented consumption trends, innovate and develop products that meet consumers' different consumption scenarios, continuously improve consumer convenience and satisfaction, strive for higher operating performance, and pursue the maximization of shareholder interests.