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Articles by 王晖
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Former 'Drink King' Trying to Regain Glory by Selling Shares?
As the former 'No.1 national brand', Jianlibao has faced repeated setbacks in recent years and has now resorted to selling shares again. According to announcements, Hong Kong-listed Tianyun International will subscribe to 9.18% of Jianlibao Asia's shares for RMB 300 million. Selling shares is clearly to survive, but can the former national drink return to its peak in this changed market?
王晖Losses Approaching 100 Million, Cash Flow in Crisis: Is Xiangpiaopiao Really in Trouble?
Xiangpiaopiao, once a leading instant milk tea brand in China, reported a net loss of 85.57 million yuan in Q1 2020, with revenue down 48.61% year-on-year. The company faces challenges from product structure homogeneity, changing consumer preferences, and the rise of new-style tea drinks, raising questions about its future.
王晖