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Capital, Earnings & M&A

China Shengmu Projects Loss of 1 Billion Yuan; Reasons Behind Yao Tongshan's Resignation Found, Modern Dairy Loses 900 Million, Huishan Bankrupt

China Shengmu (01432), the third-largest pasture enterprise, announced an expected loss of approximately 1 billion yuan for 2017, a sharp reversal from a profit of 680 million yuan in 2016. Founder Yao Tongshan resigned as chairman and CEO amid the unprecedented loss, which he had not anticipated.

New Distribution
Capital, Earnings & M&A

Why Did a High-Performing Professional Manager Suddenly Get Fired by the Boss?

A professional manager who worked at a company for three years and achieved remarkable results was suddenly replaced by the boss without warning. From a management perspective, his dismissal was not unjust, as he made several fatal mistakes similar to those of Yue Fei, a famous general who was executed despite his loyalty and achievements.

王冠群
Brand Marketing

Suning's 'Smart FMCG' Revolution: Investing Hundreds of Millions in 'Smart Brands'

After integrating Suning Online Supermarket, Su Xiansheng Premium Supermarket, Suning Red Kids, and Suning Xiaodian, Suning.com's FMCG business group made its first public appearance on March 21 in Chengdu, unveiling its 'Smart FMCG' strategy. Vice President Bian Nong announced plans to become China's No.1 in convenience stores and mother-and-baby sectors within three years, and to excel in fresh food. Suning will also open inclusive policies to brands and launch a 'Smart Brand' incubator.

New Distribution
Capital, Earnings & M&A

Major | Master Kong Releases 2017 Financial Report: Instant Noodles Slap Back at Food Delivery, Beverages Maintain Position Through Promotion

According to New Distribution, on March 20, Master Kong Holdings, listed in Hong Kong, released its 2017 results, with annual revenue of 58.953 billion yuan, up 6.07% year-on-year; net profit attributable to shareholders of 1.819 billion yuan, up 56.59%; basic earnings per share of 32.45 cents; proposed dividend of 2.49 US cents per share. The instant noodle business recovered, countering food delivery, while the beverage business relied on promotional activities to maintain its market position.

New Distribution
Capital, Earnings & M&A

Valuation Explosion: How Much Are Convenience Stores Worth in 2018?

On October 29, 2017, an announcement confirmed the most important news in China's convenience store industry for 2017: a veteran Beijing convenience store chain was sold! 300 stores, $84 million, 560 million yuan. The industry buzzed with excitement, not just because of the store itself, but because it was the first complete acquisition with a clear price disclosure in the industry that year, and it raised the question: how much are convenience stores worth? Were they sold at a high or low price?

王某
Brand Marketing

Heavyweight | Ready-to-Drink Soy Milk Sparks a New Appearance Revolution, Black Bull's New Bottled Product Hits the Market to Fuel 2018!

In 2017, Black Bull soy milk entered the ready-to-drink market and added over 4,000 high-quality potential distributors in just half a year, covering most provinces across China, and created a classic case of monthly sales of 20,000 cases in county-level markets. Now, entering 2018, Black Bull soy milk continued its strong performance, achieving a good start in the gift market during the Spring Festival. According to New Distribution, Black Bull's new PET bottled soy milk is about to hit the market on March 20, launching a vigorous appearance revolution.

New Distribution
Capital, Earnings & M&A

First-Year Report Card of Salt Reform: Some Cry, Some Smile

Since the new salt reform policy took effect on January 1, 2017, more than a year has passed, bringing mixed fortunes. Recently, listed salt companies such as Yunnan Energy Investment, Lantai Industrial, and Jingshen Shares released their first-year performance reports, revealing the impact of the reform on these enterprises and the industry as a whole.

木棉
Capital, Earnings & M&A

Wahaha Plans to Go Public? Insiders Say All Employee Shares Have Been Bought Back

This early spring, Wahaha was once again questioned by the industry due to a 'price adjustment notice' of unknown authenticity. Whether it's going public or other matters, the 30-year-old company's situation is hard for outsiders to fully understand.

淮纯菊
Capital, Earnings & M&A

Why Did Buffett Buy Coca-Cola in 1988?

In the fall of 1988, Coca-Cola's president Donald Keough noticed someone was buying large amounts of the company's stock. After the 1987 stock market crash, Coca-Cola's share price was 25% below its pre-crash high, but it had hit bottom as "some mysterious buyers were gobbling up shares through block trades." When Keough discovered all the buy orders came from Midwestern brokers, he thought of his friend Warren Buffett and decided to call him. "Hello, Warren," Keough began, "You wouldn't happen to be buying Coca-Cola, would you?"

New Distribution
Capital, Earnings & M&A

Left or Right? Do Traditional Retail Enterprises Have No Chance If They Don't Take Sides?

Taking sides also takes time, as competition between the two camps will slow down at some point. Because acquired or invested companies need time for 'transformation', and acquisitions cannot continue indefinitely. For Alibaba and Tencent, integrating companies into their systems takes even more time. Switzerland took 300 years to become a permanently neutral country. During the most critical period of World War II, Switzerland made compromises with Germany to maintain its neutral status. For the current retail industry, maintaining 'neutrality' is equally difficult, especially for leading companies in various sub-sectors.

楚不留香
Capital, Earnings & M&A

Rio Cocktail's Comeback: Parent Company Baorun Group's Net Profit Surges 224% to 183 Million Yuan!

On February 27, Rio Cocktail's parent company, Shanghai Baorun Group (hereinafter referred to as Baorun Group), released its 2017 performance report. The report shows that in 2017, Baorun Group achieved operating revenue of 1.172 billion yuan, an increase of 26.64%, and net profit attributable to listed company shareholders of 183 million yuan, a year-on-year increase of 224%. After a series of adjustments, the parent company of Rio finally turned losses into profits, following the slowdown in beverage sales due to macroeconomic slowdown since the second half of 2015, and a loss of up to 142 million yuan in 2016.

New Distribution
Capital, Earnings & M&A

Keming Noodles' Acquisition of Wugu Daochang Results in 10 Million Yuan Loss in First Half Year; Turnaround Still a Long Way Off!

In June 2017, Keming Noodles acquired 100% equity and creditor's rights of Wugu Daochang for a total of 106 million yuan, renaming it Keming Wugu Daochang Food Co., Ltd. According to the company's latest financial report, operating profit in 2017 declined sharply, with a loss of 10 million yuan in the first year of acquisition.

New Distribution
Capital, Earnings & M&A

Synear and Three Squirrels Build Overseas Factories, Increasing Pressure on Domestic Companies?

On November 8, 2017, Synear Foods officially started construction of its factory in Los Angeles, USA, mainly producing traditional star products like dumplings and fried dumplings. Three Squirrels also established a factory in Australia recently, and Panpan Foods and Wanglaoji have proposed overseas factory plans. In recent years, foreign companies have entered the domestic market through acquisitions or direct factory construction, coupled with rising raw material and labor costs, and increasingly stringent environmental requirements, some companies have been forced to shut down during environmental assessments. Facing these pressures, a group of companies has begun to look overseas and build factories abroad.

桂圆
Capital, Earnings & M&A

Yonghui, Renrenle, Xinhua Department Store and Other Nearly 10 Retailers Release 2017 Performance Results!

Performance forecasts for 10 listed retailers in 2017 have been released. Yonghui Supermarket's net profit in 2017 was 1.801 billion yuan, up 45% year-on-year; Zhongbai Group's net profit is expected to increase by 918%-967%; Renrenle is expected to lose 500-600 million yuan.

New Distribution
Capital, Earnings & M&A

PepsiCo Beats Q4 Revenue Expectations, Yet to Cut Over 1,000 Jobs

PepsiCo reported fourth-quarter results on Tuesday, showing a decline in carbonated beverage sales but cost-cutting measures helped protect profits. The company's North American beverage revenue fell to $5.9 billion from $6.3 billion a year earlier, yet beat analyst expectations. PepsiCo also announced it will cut about 1,100 U.S. corporate jobs as part of its ongoing cost-reduction plan.

New Distribution
Capital, Earnings & M&A

Six Walnuts Rings the Bell for Its IPO Yesterday! It Got the Gift It Wanted, but the Road Ahead Still Depends on Itself

On the morning of February 12, 2018, the parent company of Six Walnuts, Hebei Yangyuan Zhihui Beverage Co., Ltd., held a bell-ringing ceremony at the Shanghai Stock Exchange, officially listing on the A-share market. The company, with securities code 603156, issued 43.05 million new shares for trading starting that day.

New Distribution
Capital, Earnings & M&A

2017 Food & Beverage Industry Performance Forecast Roundup! Modern Dairy Losses 900 Million, Black Sesame Up 941.67% Year-on-Year!

Performance is a key measure of a company's success. As February arrives, listed companies are entering the peak season for releasing their 2017 annual reports. So far, dozens of food companies have issued performance forecasts, with some like Haoxiangni showing impressive results and others like Modern Dairy experiencing significant declines. This article compiles the 2017 performance forecasts and express reports from companies in the food and beverage sector, offering a first look at how these listed food companies performed over the past year.

New Distribution
Capital, Earnings & M&A

Questioning Annual Performance

This article urges readers to evaluate annual performance within a five-year framework, questioning whether growth is sustainable and contributes to market position, marketing models, and long-term survival. It emphasizes that performance should change destiny, not merely delay death.

刘春雄
Capital, Earnings & M&A

He Turned a Soy Sauce Business into 160 Billion, Creating 34 Millionaires Overnight

On February 11, 2014, Haitian Flavoring & Food Co., Ltd. went public on the A-share market, with a market value approaching 50 billion yuan that day, creating 34 millionaires. The company's market value later soared, exceeding 160 billion yuan this year, tripling in size, and boosting the fortunes of those millionaires, with CEO Pang Kang ranking 31st on the 2017 Forbes China Rich List with nearly 40 billion yuan.

迟玉德
Capital, Earnings & M&A

After Brutal Expansion, Where Is the Direction of Unmanned Retail?

With the development of internet technology and e-commerce, China's physical retail industry has been increasingly impacted. In this context, commodity circulation channels have become more dispersed, consumer demands have become more diverse, and the need for instant consumption has grown stronger. Unmanned retail emerged in response. Since last year, many white-collar workers have noticed one or two snack-filled shelves suddenly appearing in their offices, even offering fresh food like boxed meals, salads, and yogurt, allowing consumers to purchase food without leaving the office, greatly satisfying instant consumption needs.

New Distribution
Capital, Earnings & M&A

Behind Wanda's Sale of Core Assets: What Are Tencent, JD, and Alibaba Up To?

Since late 2017, Tencent has been venturing into offline physical commerce, first joining JD to invest in Yonghui, then partnering with Yonghui and Carrefour. This time, Tencent chose to invest in Wanda. On January 29, Wanda Commercial announced that Tencent, JD, Suning, Sunac, and other investors formed a consortium to invest 34 billion yuan to acquire about 14% of shares held by investors introduced during Wanda Commercial's Hong Kong H-share delisting. Once the deal is finalized, it will be one of the largest single strategic investments between global internet companies and physical commercial giants.

王某
Capital, Earnings & M&A

Annual Work Report: A Comprehensive Guide for Seasoned Sales Professionals

The annual summary report for sales positions demands your full attention. This guide covers the unique challenges of sales reporting, from presenting key data and handling tough questions to addressing unmet targets and setting next year's goals, ensuring you deliver a concise, complete, and logical presentation that impresses your boss.

New Distribution
Brand Marketing

From a Small Vinegar Factory Twenty Years Ago to an Annual Output of 100,000 Tons: This Aged Vinegar is Now Aiming for an A-Share Listing

Shanxi Zilin Vinegar Industry Co., Ltd. (Zilin Vinegar), a vinegar producer, is preparing for an A-share IPO. The company, located in Qingxu County, Shanxi Province, known as the 'Capital of Vinegar in China,' is a high-tech enterprise in the brewing industry with microbial fermentation as its core technology. Its products include brewed vinegar, health vinegar, fruit vinegar, vinegar drinks, compound fruit juice drinks, and brewed cooking wine. It is a national key leading enterprise in agricultural industrialization with brewed vinegar as its main industry, and a standing director unit of the China Condiment Association.

New Distribution
Capital, Earnings & M&A

Why Kweichow Moutai Became the World's Most Valuable Luxury Company?

Kweichow Moutai recently surpassed a market value of one trillion yuan for the first time, and with adjusted prices, its A-share price has surged about 80 times from its IPO price of 31.39 yuan in 2001 to a record high of 2535.06 yuan. Beyond its market value, Moutai has also achieved international prominence, surpassing LV to become the world's most valuable luxury company. This article explores the reasons behind Moutai's continuous growth and development since its establishment.

麦克