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Capital, Earnings & M&A

Nongfu Spring Releases First Annual Report Since Listing: 2020 Full-Year Revenue of RMB 22.877 Billion, Net Profit of RMB 5.277 Billion

Nongfu Spring released its first annual report since listing, showing total revenue of RMB 22.877 billion in 2020, down 4.8% year-on-year, while net profit attributable to parent company shareholders increased 6.6% to RMB 5.277 billion. New business categories, including sparkling water and coffee, saw revenue surge 135.8% to RMB 1.054 billion.

New Distribution
Capital, Earnings & M&A

Master Kong Annual Report Released! 2020 Revenue 67.6 Billion Yuan, Instant Noodles Sold 29.5 Billion Yuan

Scan the QR code in the image to register. On March 22, Master Kong Holdings released its 2020 financial report. The report shows that in 2020, Master Kong's revenue was 67.618 billion yuan, a year-on-year increase of 9.10%; net profit attributable to shareholders was 4.062 billion yuan, up 21.95% year-on-year. Regarding the macro market, Master Kong stated in the annual report that in the first half of 2020, demand for instant noodles increased due to the pandemic, and the market gradually returned to normal in the second half. The beverage industry gradually recovered after a decline in demand in the first half due to the pandemic. Among them...

New Distribution
Capital, Earnings & M&A

Mengniu 2020 Revenue Grows 10.6% to 76 Billion Yuan! Cheese Soars 130%! Multiple Businesses Achieve Double-Digit Growth!

Mengniu Dairy announced its 2020 annual results, with revenue growing 10.6% to 76.035 billion yuan and profit reaching 3.525 billion yuan. The company saw strong growth across multiple business segments, including a 130% surge in retail cheese sales, and outlined its strategy to 'create a new Mengniu' for the future.

New Distribution
Capital, Earnings & M&A

2020 China Resources Snow Breweries Performance Review | Strengthening Brand Premiumization and Empowering Distributors to Grow Stronger!

On March 22, 2021, China Resources Snow Breweries released its 2020 performance report. The report showed that in 2020, the company's revenue was RMB 31.448 billion, a slight decrease of 5.2% year-on-year, mainly due to the impact of the pandemic. However, in terms of profit, the company's profit attributable to shareholders and earnings before interest and taxes increased by 59.6% and 42.3% respectively compared to 2019. In response, CEO Hou Xiaohai stated at the media conference held that day that domestic pandemic prevention and control has basically been brought under control, and it is expected that the beer market consumption will return to normal levels in 2021.

澄韵
Capital, Earnings & M&A

Uni-President China's Annual Report: Revenue RMB 22.761 billion, Net Profit Up 19% to RMB 1.626 billion; Food Business Surges 10.9%, Beverages Slightly Down

Uni-President China announced its 2020 final results, with revenue of RMB 22.761 billion, up 3.4% year-on-year, and net profit of RMB 1.626 billion, up 19.0%. Food business revenue reached RMB 9.424 billion, up 10.9%, while beverages declined slightly.

New Distribution
Capital, Earnings & M&A

Revenue 18.593 billion yuan, up 35.5%, net profit surged 89%, Feihe really 'soared'!

China Feihe announced its 2020 results, with revenue reaching 18.592 billion yuan, a year-on-year increase of 35.5%, and net profit reaching 7.4369 billion yuan, a year-on-year increase of 89%. The company's market share further increased to 17.2% in the fourth quarter of 2020, maintaining its leading position.

New Distribution
Brand Marketing

Oral Care Brand 'Shenban' Secures ByteDance Funding: Targeting Gum, Mouthwash Goes FMCG

A widely circulated article once claimed that chewing gum sales declined due to mobile payments eliminating the need for change. Now, mouthwash is emerging as a new challenger in the breath-freshening category. Shenban, an oral care brand founded in 2018, recently completed its A2 round of financing led by ByteDance, following a $10 million A+ round just a month prior. The brand's mouthwash line achieved over 100 million yuan in sales within 80 days of launch, redefining the category as a fast-moving consumer good.

秦淮
Capital, Earnings & M&A

After Three Months as a Group Leader, Sales Dropped 20%—What Am I Getting Out of This?

As the sense of presence and commission rates decline, both platforms and participants are losing enthusiasm for the group leader role. Retail and E-commerce Observer interviewed several group leaders about their development and experiences during this period.

祝宇晨
Capital, Earnings & M&A

Revenue Up 85%, JD Daojia GMV Doubles to 25.3 Billion Yuan! Dada Group's First Annual Report Reveals Key Insights

Dada Group, a leading local on-demand retail and delivery platform listed on Nasdaq, released its unaudited 2020 financial report, its first annual disclosure since IPO. The report shows strong business growth, with total revenue up 85% year-over-year and JD Daojia's GMV doubling to 25.3 billion yuan, indicating robust momentum in the on-demand retail sector.

New Distribution
Brand Marketing

Founded Less Than 2 Years, Daily Dark Chocolate 'Hard Bars' Against Foreign Giants like Dove, Ferrero, Snickers!

If we count the subcategories in the FMCG field that have long been dominated by foreign giants, chocolate and coffee come to mind. This article focuses on chocolate. When you think of chocolate, brands like Dove, Ferrero, Snickers, and Hershey's come to mind. Are there domestic chocolate brands? There are, like Golden Monkey and Le Conte, but they have either been sold off or are struggling in lower-tier markets. Domestic chocolate brands seem to have never stood tall...

秦淮
Capital, Earnings & M&A

When Good Water Meets Good Tea: Nongfu Spring Launches "Tea-Brewing Mountain Spring Water" as a Gift to Chinese Tea

In March, as spring approaches and the spring tea harvest season nears, Nongfu Spring has launched a "Wuyi Mountain Spring Water" specifically designed for brewing tea, offering a spring gift to tea enthusiasts. Based on research by the China Academy of Agricultural Sciences Tea Research Institute and other authoritative bodies, this product took five years to develop.

澄韵
Brand Marketing

Can IPOs Rescue Community Group Buying?

As the hottest track catalyzed by the pandemic, community group buying had a particularly chaotic 2020. Its main battlefield is fresh produce, but excessive subsidies and false prosperity caused by overheated capital have disrupted pricing and supply systems, severely disturbing the fresh market and plunging it into a whirlpool of public opinion. Yet players have not given up, as the long-term benefits are considerable. Entering 2021, the policy of staying put during the Spring Festival has reignited the battle among fresh e-commerce companies.

刘旷公众号
Capital, Earnings & M&A

Budweiser China's Revenue and Profit Both Decline as High-End Market Faces Siege from Three Giants

On February 25, beer giant Anheuser-Busch InBev (AB InBev) released its 2020 annual results, showing total revenue of $46.881 billion, down 10.4% year-on-year, and net profit of $1.405 billion, down 84.68%. Budweiser APAC also reported a 12.4% revenue decline to $5.588 billion, with China's market recovering in Q3 and Q4 but facing intense competition in the high-end segment from Tsingtao, Snow, and Carlsberg.

陈思廷 陈峰
Capital, Earnings & M&A

Low-Alcohol Trendy Drinks: Surging Sales, Capital Influx, on the Eve of a Hundred-Billion Market Explosion

Young consumers are driving the rapid growth of low-alcohol trendy drinks (low-degree chaoliquor), with sales surging and capital entering the market, signaling the approach of a hundred-billion-yuan market explosion.

路畅
Capital, Earnings & M&A

Who Will Be the Top Players in Community Group Buying in 2021?

Community group buying has become a fiercely competitive arena for internet giants. This article analyzes the strategies and strengths of major players like Didi, Pinduoduo, Meituan, and Xingsheng Youxuan, and predicts that Meituan, Pinduoduo, and JD.com will emerge as the top three.

韩骁
Capital, Earnings & M&A

MissFresh and Dingdong Maicai Eye IPOs: Is the Front-Warehouse Model Here to Stay?

As the new year begins, major fresh food e-commerce players MissFresh and Dingdong Maicai are racing to go public, sparking debate over which will become the first listed fresh food e-commerce company and whether the front-warehouse model will prevail. The article compares their business models, funding, and the pros and cons of various fresh food retail models.

祖龙
Capital, Earnings & M&A

6083 Billion Yuan! Nestlé's 2020 Annual Report Released

On February 18, Nestlé Group released its full-year 2020 results, showing organic growth of 3.6%, the fastest in five years, despite a sales decline due to currency effects and divestitures. In Greater China, sales reached 5.986 billion Swiss francs (about 43.199 billion yuan), with negative growth due to the pandemic, but pet food and coffee businesses showed strong growth.

New Distribution
Capital, Earnings & M&A

Xingsheng Youxuan to Complete $3 Billion Financing, Why Are Hypermarkets Not in a Hurry?

According to a report by LatePost on the evening of February 18, Xingsheng Youxuan will complete a $3 billion financing round led by Sequoia Capital, with participation from Tencent, FountainVest Partners, Temasek, KKR, DCP, Chunhua Capital, Evergrande, and others. After this round, the company's valuation is expected to be at least $8 billion. On December 11, 2020, JD.com announced the completion of a $700 million investment in Xingsheng Youxuan.

祖龙
Capital, Earnings & M&A

The Nut War Is Over: Is Three Squirrels Destined to Lose to Qiaqia?

As the Chinese New Year approaches, snack and nut companies like Three Squirrels, Bestore, and Qiaqia Foods are pushing for sales. However, Three Squirrels faces challenges: its stock price has halved since mid-2020, major shareholders are reducing stakes, and its profitability lags behind traditional player Qiaqia, which has shown more sustainable growth through offline channels and self-manufacturing.

崔大白
Brand Marketing

Before Becoming the 'First Spicy Strip Stock,' Weilong Still Has Two Questions to Answer

Since 2020, Weilong, the leading spicy strip maker, has been rumored to be preparing for an IPO, with reports suggesting it is working with CICC, Morgan Stanley, and UBS for a Hong Kong listing in the second half of 2021. Despite its success in turning a childhood snack into a national favorite with annual sales in the billions, Weilong faces two critical challenges: finding its next growth engine beyond spicy strips and maintaining the quality and reputation of its core product.

胖鲸研究所
Brand Marketing

Compound Seasoning Brand 'Jiadian Ziwei' Secures Nearly $10 Million in New Funding

Jiadian Ziwei, a compound seasoning brand, announced the completion of a nearly $10 million Angel+ round led by Hillhouse Capital, with participation from IDG Capital, Yiling Capital, and existing shareholder Green Mountain Capital. The funds will be used for marketing, brand building, and the construction of product and supply chain platforms.

苏建勋
Capital, Earnings & M&A

Insiders recount the story behind Huiyuan's failed 'sale' to Coca-Cola

Coca-Cola later realized that its acquisition price for Huiyuan was indeed too high. If not for Chinese public opposition, Coca-Cola might have gone through with the deal. With its listing status revoked, Huiyuan Juice, once the 'Juice King', exited the capital stage.

李文贤 顾梓仝
Brand Marketing

Yili, Mengniu, and Bright Dairy Raise Prices Collectively: Who Will Give Us 'Milk Freedom'?

As the Spring Festival approaches, domestic demand for dairy products continues to rise, but this year manufacturers have not only refrained from discount promotions but have instead raised prices across the board. Companies uniformly attribute the increase to a significant rise in raw milk prices and surging cost pressures. Yili, Mengniu, Panda Dairy, and One Cow Raised by One Person have all implemented price hikes to varying degrees, with some consumers reporting that a certain brand's 250g×24-box pure milk has risen from 60 yuan to 75 yuan per carton. Once upon a time, dairy companies that championed 'a cup of milk a day keeps Chinese people healthy' have now left many netizens lamenting, 'Can't afford to drink!'

郑瑞龙
Capital, Earnings & M&A

Dingdong Maicai's Puzzling Expansion

The profitability of the online grocery business is on the agenda. Even as the Spring Festival approaches, Dingdong Maicai's ground promotion team is still visible everywhere in Beijing. In the spring of 2020, after the first phase of the pandemic, Dingdong Maicai set a plan to open 200 front warehouses in Beijing.

赵小米