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More Than Just Beverages! Wahaha Has Established a New Robotics Company, with Zong Qinghou as Chairman!
When it comes to Wahaha, our impression might still be stuck on its mineral water spokesperson Wang Leehom, who has remained unchanged since 1999. Indeed, Wahaha's classic products have rarely changed their packaging over the years, giving consumers a sense of being old-fashioned. However, Wahaha has always been at the forefront of industrial manufacturing in China. In 2012, Wahaha encountered a development crisis, as its revenue turned negative for the first time that year. This was a significant blow to the rapidly growing company, but the signs of this crisis had already appeared earlier. The soft drink industry is inherently a retail business that relies on high volume and low margins, and in recent years, raw material prices have been rising, increasing the market risks of investing in and developing new products.
New DistributionFormer Jianlibao Deputy GM Returns After 17 Years on the Run: What Was the Case About?
Yu Shanfu, former deputy general manager of Guangdong Jianlibao Group Co., Ltd., returned to China to surrender to disciplinary and supervisory authorities after nearly 17 years on the run. Yu fled in 2002, when the founder of Jianlibao and three deputy general managers were taken in for investigation and later sentenced to prison. Moreover, when mentioning Jianlibao, one cannot avoid the name of former chairman Zhang Hai, who is also currently on the run.
New DistributionThe Onlookers Should Disperse: Jiangxiaobai Is Still Jiangxiaobai!
Jiangxiaobai, a popular Chinese baijiu brand, faced a trademark dispute with Jiangjin Distillery. In 2016, the Trademark Review and Adjudication Board declared one of its trademarks invalid, but the company still holds over 100 other registered trademarks and continues to sell its products normally. The recent court ruling only affects one specific graphic trademark, not the brand itself.
New DistributionAbandoning Monster, Coca-Cola's Own Energy Drink to Launch Next Month!
According to foreign media reports, Coca-Cola's first energy drink under the Coca-Cola brand, Coca-Cola Energy, will debut in Spain and Hungary next month. It combines naturally sourced caffeine, guarana extract, and B vitamins, containing 80 mg of caffeine per 250 ml, more than three times that of regular Coca-Cola. Coca-Cola will also offer a zero-calorie, zero-sugar option in 250 ml cans.
New DistributionRevenue Gap of 10 Billion Yuan, Net Profit Less Than Half: Mengniu Is No Longer on the Same Level as Yili
Mengniu has taken many detours in recent years, and the widening gap with its peers has become an indisputable fact. On February 28, Yili Co., Ltd. (600887.SH) took the lead in releasing its 2018 annual report. According to the report, Yili achieved total operating revenue of 79.553 billion yuan, a year-on-year increase of 16.89%. Revenue increased by 11.5 billion yuan, the largest increase in history. At the same time, Yili's net profit attributable to shareholders of the listed company was 6.439 billion yuan, up 7.31% year-on-year; non-GAAP net profit increased by 10.32%.
New DistributionTsingtao Brewery's 2018 Annual Report Reveals the Secret Behind Its 15-Year Reign as the Most Admired Beer Brand
On the evening of March 28, Tsingtao Brewery released its 2018 annual results. During the reporting period, beer sales volume reached 8.03 million kiloliters, up 0.8% year-on-year; revenue was approximately RMB 26.575 billion, up 1.13% (or 5.15% on a comparable basis due to the adoption of new revenue standards); net profit attributable to shareholders was approximately RMB 1.422 billion, up 12.60%, showing a healthy trend of profit growth outpacing revenue growth, which outpaced sales volume growth.
New Distribution2018 Mengniu Annual Results Released: Several Highlights Repeatedly Emphasized by Lu Minfang!
On the evening of March 27 (yesterday), Mengniu released its 2018 annual results announcement. In 2018, Mengniu's revenue reached 69 billion yuan, up 14.7% year-on-year; net profit was 3.043 billion yuan, up 48.6% year-on-year. This is the third annual report card delivered by Mengniu's new management team. Since the new management team led by Lu Minfang took office, they have carried out systematic reforms at Mengniu. Revenue growth went from 9.7% in 2016 to 11.9% in 2017, and then to 14.7% in 2018. Net profit went from a loss in 2016 to a profit of over 3 billion yuan in 2018.
New DistributionNews Flash | Yili Launches 'Yiran Milk Mineral Light Drink'; C'estbon Unveils 'West Lake Ten Scenes' Bottle; Pepsi Cola Introduces New Salted Caramel Flavor; Haitian, China Foods, Dali and Others Release 2018 Results
Yili quietly launches 'Yiran Milk Mineral Light Drink'; C'estbon introduces 'West Lake Ten Scenes' bottled water; Pepsi Cola launches a limited-time salted caramel flavor; Dannon invests EUR 240 million in a new production base; Haitian's soy sauce revenue exceeds RMB 10 billion for the first time; China Foods reports double growth; and other FMCG companies release their 2018 annual results.
New DistributionNews Flash | Global Top 100 FMCG Brands List Released; Tetra Pak Launches New Cube Packaging; Yili's Qiaolezi and Zhenxi Launch New Products; Yangyuan and Tibet Water Resources Announce 2018 Results
Euromonitor releases its Top 100 Megabrands list, with Coca-Cola, Pepsi, and Nescafé leading. Tetra Pak introduces a new cube packaging that saves 40% space. Yili's ice cream brands launch new products, while Yangyuan and Tibet Water Resources report their 2018 financials.
New DistributionNews Flash | Red Bull Raises Prices from April 1; Lay's Teams Up with UGG for Sakura Limited Edition Gift Box; Unilever's Premium Tea Bag Pure Leaf Enters China; Metro Starts Sale of China Business
Starting April 1, Red Bull has raised its wholesale price in Sichuan to 118 yuan per case. Lay's and UGG have launched a sakura-themed limited edition gift box. Unilever's premium tea bag brand Pure Leaf has entered the Chinese market. Metro has initiated the sale of its China business, with potential buyers including Suning, Wumart, and Yonghui.
New DistributionUni-President's 2018 Profit Reaches RMB 1 Billion, Up 17.2% Year-on-Year
On March 22, Uni-President announced that its 2018 revenue was RMB 21.772 billion, up 4.6% year-on-year, with a gross margin of 33.5%, up 1.9 percentage points from the previous year. Profit attributable to equity holders was RMB 1.029 billion, up 17.2% year-on-year. Revenue from its instant noodle business, beverage business, and other food products all increased during the period. Specifically, instant noodle revenue rose 5.7% and beverage revenue rose 3.6%, reaching RMB 8.425 billion and RMB 12.619 billion respectively.
New DistributionNews Flash | China Resources Beer 2018 Revenue Up 7.2%; Coca-Cola Launches New Flavored Sparkling Water; AB InBev May See First Chinese Female Independent Director; New Easy-Open Can...
Coca-Cola introduces three new flavors of sparkling water under its Smartwater brand. China Resources Beer reports 2018 revenue of 31.867 billion yuan, up 7.2% year-on-year. AB InBev nominates Liu Xiaozhi as independent director, potentially the first Chinese female in that role. Other news includes Toly Bread's earnings growth, Huishan Dairy's restructuring vote delay, and more.
New DistributionMaking Water: A Few Words for Yili and Red Bull
Amid a cold FMCG market, bottled water stands out as a warm spot. While giants like Yili and Reignwood Group aggressively enter the premium water segment, niche player Xipin Tiancheng offers advice: focus on unique water sources and functional benefits, as it did with its selenium-rich water from Qinling.
New DistributionUnbounded Retail Strategy Enters Implementation Phase: JD New Channel Upgrades to an 'Open + Intelligent' Platform
On March 18, JD New Channel and New Distribution co-hosted the 'Boundless Commerce, Shared Vision' JD New Channel Unbounded Retail Industry Summit in Chengdu. Xu Lei, rotating CEO of JD Retail Group, delivered a speech on the latest progress of JD's unbounded retail strategy, while Zheng Hongyan, VP of JD Group and President of JD Retail New Channel Business Unit, announced that in 2019, the unbounded retail strategy would move from experimentation to implementation, upgrading New Channel into a more open and intelligent B2B2C platform.
New DistributionBreaking | Yijiupi Secures $100 Million Series D+ Funding from Warburg Pincus, Total Series D Exceeds $300 Million
Yijiupi, a Chinese FMCG industry internet platform and unicorn, announced today that it has secured $100 million in Series D+ funding from Warburg Pincus, just five months after a $200 million round co-led by Meituan-Dianping and Tencent. With this round, Yijiupi's cumulative Series D funding reaches $300 million, with Capital Light continuing as the exclusive financial advisor. The funds will be used for expansion into new cities, new retail chain layout, and product and technology R&D. Founded in 2014, Yijiupi is committed to improving FMCG industry efficiency through digital transformation.
New DistributionSixteen Generations of Inheritance in Chinese Sauce-aroma Baijiu Culture: Guiniang Distillery Unleashes New Momentum for High-standard Sauce-aroma Baijiu
In 2018, Guiniang Distillery, a rising star in the sauce-aroma baijiu industry, burst into the public eye as a dark horse, and its meticulously crafted Gui Shiliudai became a hit among the new wealthy and intellectual class, earning widespread acclaim. As the strategic core product in Guiniang's sauce-aroma market, Gui Shiliudai achieved remarkable results in 2018 and was designated as the official liquor for the 2018 Summer Davos · Sina Finance Night, thanks to its high quality. Since entering the sauce-aroma baijiu industry, Guiniang has taken it upon itself to 'create high-standard Chinese sauce-aroma baijiu' and has established a dedicated high-standard value system for its products. With new standards that surpass the industry...
New DistributionYili, Mengniu, Uni-President, Master Kong and Other Brand Owners and Distributors Gather in Chengdu for This Major Event!
A major FMCG industry event is counting down! Executives from leading brands such as Yili, Mengniu, Uni-President, Master Kong, P&G, Nestlé, Unilever, Jiangxiaobai, Budweiser, and Mondelez will gather in Chengdu for the "Breakthrough · 2019 5th FMCG + Internet Conference" hosted by New Distribution. From March 15 to 18, 2019, New Distribution, with "Breakthrough" as the core theme, has invited over a hundred guests and organized 13 themed forums, aiming to find a way out for brand owners, distributors, and supply chain enterprises through this exchange.
New DistributionCountdown 5 Days | How Should Distributors, Brand Owners, and B2B Break the Deadlock Amid Channel Transformation?
A brand owner shares how partnering with a B2B platform led to explosive sales growth, highlighting B2B's value as a data source and testing ground for marketing strategies. New Distribution defines 2019 as the first year of digital transformation in FMCG channels and invites industry players to its 'Break the Deadlock' conference.
New DistributionCollection | The Most Complete Guide to the 2019 Spring Sugar and Wine Fair!
The 100th National Sugar and Wine Commodity Fair will be held in Chengdu, Sichuan from March 21-23, 2019, with a hotel exhibition from March 15-20. The main venue at the Western China International Expo City covers 210,000 square meters, featuring six major exhibition areas and nine specialty zones, along with upgraded services including transportation, dining, and amenities.
New DistributionNews | Major: Anheuser-Busch InBev Plans to Change Chairman; Mengniu's Slow Burn Upgraded; Jiashili Launches Instant Pasta "Yi Q"; Portable Mushroom Snacks Hit Market; Nestlé Introduces Paper Packaging...
This article covers major FMCG news including Anheuser-Busch InBev's plan to replace its chairman, Mengniu's upgraded Slow Burn PLUS product, Jiashili's new instant pasta, South Mill Champs' mushroom snacks, Nestlé's paper packaging, the latest Forbes billionaires list, a proposal for a national liquor law, Jiajiayue's management of China Resources Vanguard stores, and JD.com's partnership with Google.
New DistributionYonghui, Wumart, Walmart... A Comprehensive Look at 2018 Single-Store Sales and Market Share of 13 Major Retailers!
Recently, Sun Art Retail released its 2018 financial report, also disclosing market share and average single-store sales (excluding tax) for major hypermarket brands from 2016 to 2018. This article provides a detailed breakdown for reference.
New DistributionNews | Wahaha Responds to 'Drinking AD Calcium Milk from A to D' Questioning; Pepsi Launches Raspberry Flavor New Product; Harbin Beer Launches New Product 'Bingcui'; Lai Yifen, Hsu Fu Chi Senior Management Changes...
Wahaha responds to the 'Drinking AD Calcium Milk from A to D' slogan controversy, stating it was not an advertisement and has stopped printing. Other news includes Fonterra's new CEO appointment, Pepsi's new raspberry flavor, Harbin Beer's new product launch, and executive changes at Lai Yifen and Hsu Fu Chi.
New DistributionPractical Tips | Successful Distributors Do Market Development Like This!
As the industry shifts back to physical retail and companies focus on lower-tier markets, county-level distributors are becoming increasingly important. This article explores how distributors can break through in county markets, covering product strategy, rapid distribution, attacking competitors' weaknesses, and stabilizing profits.
New Distribution2019: The First Year of Digital Transformation in FMCG Channels—How Will the Industry Change?
A non-famous brand's general manager shared that partnering with a B2B platform led to explosive sales growth, from 1 million to 20 million yuan monthly in six months, thanks to data-driven product optimization and channel expansion. This highlights B2B's role not just as a distribution channel but as a database and testing ground for marketing strategies, prompting New Distribution to declare 2019 as the inaugural year of digital transformation in FMCG channels.
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