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Capital, Earnings & M&A

Yurun's H1 Revenue Plunges 35%, the Era of North-South Meat Giants' Rivalry is Over

Yurun Food, once a leading meat processor in China, reported a sharp 35.4% drop in H1 revenue to HK$5.8 billion, with continued losses and unresolved loan defaults. The company is seeking strategic investors or selling non-core assets, while its former rival Shuanghui has far outperformed it.

栾立
Brand Marketing

Daily Express: Dove/Yili/Qiaqia and Other Brands Launch 'Romance Battle' on Chinese Valentine's Day; Wuliangye H1 Revenue Reaches 15.6 Billion Yuan, Up 17.85% YoY

On the occasion of Chinese Valentine's Day (Qixi), brands like Dove, Yili, and Qiaqia launched romantic marketing campaigns. Meanwhile, Wuliangye reported H1 2017 revenue of 15.621 billion yuan, a 17.85% increase year-on-year.

New Distribution
Brand Marketing

New Products & News: Evergrande Spring, Deyun She; China Resources, Tenuo Report Earnings; Three Squirrels Opens Another Store; JD Supermarket Targets Third- and Fourth-Tier Cities; Nestle Water Accused of Fraud

This issue covers new product launches, including Evergrande Spring's Hong Kong version mineral water and Deyun She's food products, as well as financial reports from China Resources Beer and Tenuo International. It also includes news about Three Squirrels' new store, JD Supermarket's expansion into lower-tier cities, and a lawsuit against Nestle's Poland Spring water.

New Distribution
Brand Marketing

Want Want's Performance Slips: Revenue and Profit Both Decline in H1 2017, Brand Aging Cited as a Serious Issue

On August 22, China Want Want released its H1 2017 report, showing revenue of RMB 9.347 billion, down 3.7% year-on-year, and operating profit of RMB 2.054 billion, down 13.5%. The company attributed the decline to an earlier Chinese New Year and rising raw material costs, while facing challenges from brand aging and changing consumer preferences.

New Distribution
Capital, Earnings & M&A

Does the Collapse of Master Kong and Uni-President Mean the End of the Instant Noodle Category?

The first black swan of 2017 appeared earlier than usual, and history shows that once a black swan appears, it flaps its huge wings and spreads rapidly. On the second day of the new year, Ting Hsin Group announced the dissolution of Taiwan Master Kong, following years of declining performance and a 90 billion yuan market value drop. Six months later, on August 13, Uni-President announced its gradual exit from the instant noodle market. Clearly, the once-dominant convenience food giants, including Ting Hsin, are facing a catastrophic disaster, but they are not alone.

夏宁敏
Capital, Earnings & M&A

Melon Seed King Chacha Sees Revenue and Profit Decline; Can Increased Overseas Investment Help Improve Performance?

Overseas markets are the only growing segment of Chacha Food's business, but they account for just 7.05% of the company's main revenue, contributing limited overall. After 15 years of selling overseas, Chacha plans to invest $32.5 million to set up subsidiaries in Thailand and the U.S., reflecting its domestic growth challenges.

唐怡园
Capital, Earnings & M&A

25 Years of Covert Warfare! As 2017 Interim Reports Roll In, Master Kong Wins a Pyrrhic Victory, Uni-President Bows Out

On August 21, Master Kong celebrated its 25th anniversary with a surprisingly strong 2017 interim report, showing revenue of 28.568 billion yuan and a 54.59% surge in net profit to 700 million yuan, far exceeding Uni-President's full-year profit of 607.3 million yuan last year. Meanwhile, Uni-President's chairman announced a gradual exit from the instant noodle market, though the company later denied this as a media misinterpretation.

New Distribution
Brand Marketing

New Products & News: Wandashan, Weilong, Oreo Launch New Items; Five Public Accounts Formally Apologize to Mengniu; Baorun Revenue Soars, Turns Profit; COFCO Great Wall Speaks Again After 'Carcinogenic Pigment Incident'

This issue covers new product launches by Wandashan, Weilong, and Oreo, along with industry news including five WeChat public accounts apologizing to Mengniu for spreading rumors, Baorun's strong half-year results, and COFCO Great Wall's response to a counterfeit product incident.

New Distribution
Brand Marketing

Can Unmanned Stores Bring Wahaha Back to Its Peak?

The internet is trendy and the new economy is tempting, but they may not be the dish for traditional enterprises. On one side, new economy giants like Alibaba, Tencent, Google, and Amazon see soaring stock values and performance; on the other, traditional giants like P&G, Coca-Cola, and Master Kong struggle with stagnant or declining revenues. Wahaha, the Chinese food and beverage behemoth led by three-time richest man Zong Qinghou, has seen its performance halve from its peak, and its recent foray into unmanned stores may not be the salvation it hopes for.

罗建幸
Capital, Earnings & M&A

The Upgrade of Instant Noodles: 2-Yuan Ones Are Out, 5-Yuan Ones Are In, 30-Yuan Ones Are on the Way

Braised beef and pickled cabbage flavors are a thing of the past, as premium instant noodles become consumers' new favorite. Even Uni-President Chairman Lo Chih-hsien didn't expect his remark about gradually exiting the instant noodle market to be simplified and go viral, but the real story is that the industry is shifting towards higher-priced, higher-quality products.

杨松 赵隽杨
Brand Marketing

New Products & News: Wandashan, Jinluo, Nongshim Launch New Products; JD.com Releases Earnings; Coca-Cola Reportedly Eyes Danone; AB InBev Challenges Carlsberg; Moutai Shortage Boosts High-End Baijiu...

Wandashan Dairy launches a premium concentrated yogurt in North China; Jinluo enters the hot pot base market with two new products; Nongshim introduces four snack items; JD.com reports Q2 net profit of 976.5 million yuan; Coca-Cola is reportedly considering acquiring Danone; AB InBev and Efes merge Russian and Ukrainian operations to challenge Carlsberg; Moutai shortage boosts high-end baijiu brands.

New Distribution
Capital, Earnings & M&A

Joint ventures average 2.6 years, why have TotoLe and Nestlé stayed together for 18 years?

In the condiment market, categories like soy sauce, vinegar, spices, and sauces each have two or three strong brands and dozens of regional ones, but in the 'chicken essence' category, most consumers only recognize TotoLe. This article explores how TotoLe's founder, Rong Yaozhong, navigated the company's development stages and its partnership with Nestlé, achieving remarkable success and market leadership.

王颖丽
Brand Marketing

New Products & News: Rio and Lay's Launch New Products; AB InBev Sued; Wens Invests in COFCO Capital; Moutai Plans Financial Holding Company; Sun Art Retail Reports Earnings; Huishan Debt Restructuring Plan Unveiled

This issue covers new product launches by RIO, Lay's, Qingyilong, and Zhenwei, as well as industry news including a lawsuit against AB InBev, Wens Investment's participation in COFCO Capital's capital increase, Moutai's plan to establish a financial holding company, COFCO Wine's half-year results, China becoming the world's largest dark beer market, Sun Art Retail's interim results, and Huishan Dairy's debt restructuring plan.

New Distribution
Brand Marketing

Revenue and Profit Both Decline: Have Unified's New Products and Distribution Channels Failed?

Uni-President, which has long relied on new product launches and distribution channel reforms to boost performance, seems to have hit a rough patch. Its 2017 interim results showed declines in both revenue and profit, with the beverage business suffering significantly. The company attributed this to the negative effects of adjusting sales pace and reforming traditional operating models since the second half of 2016. Zhu Danpeng, a researcher at China Food Industry, told Yicai that the decline was expected, noting that while new products like Hai Zhi Yan and Xiao Ming Tong Xue boosted the brand in 2015, they declined in 2016, and the distribution reform has yet to show results, making a turnaround difficult.

何天骄
Brand Marketing

New Products & News: Junlebao and Orion Launch New Products; Uni-President Releases Financial Report; Coca-Cola Offers $1 Million for Sweetener Innovation; Jinluo Sued by Shuanghui; Moutai Price Cap in Beijing...

This issue covers new product launches by Junlebao, Orion, Shaanxi Sebao Technology, and Ma Dajie, along with industry news including Uni-President's interim results, Coca-Cola's sweetener innovation prize, a lawsuit between Shuanghui and Jinluo, Moutai's price cap in Beijing, BrewDog's expansion plans, the second batch of formula registrations, and JD Daojia's partnership with 7-Eleven in Chengdu.

New Distribution
Brand Marketing

New Products & News: COFCO and Bright Dairy Launch New Products; Yum!, Jiajia, and Guanshengyuan Release Financial Reports; Lotte China Nearly Paralyzed; Youyou Food Plans IPO; Walmart and Unilever Slim Down...

This issue covers new product launches by COFCO and Bright Dairy, financial results from Yum!, Jiajia, and Guanshengyuan, Lotte's struggles in China, Youyou Food's IPO plans, and cost-cutting moves by Walmart and Unilever.

New Distribution
Capital, Earnings & M&A

Will Food Delivery Defeat Instant Noodles?

Consumption upgrade will not kill instant noodles; it will only eliminate outdated products and drive structural upgrades in the industry. Only companies daring to change can enter the next era of instant noodles.

郑栾
Brand Marketing

The "Dog Food Economy" Is Red Hot, and New Third Board Pet Companies Are Rushing to IPO One After Another!

On July 28, Zhongchong Pet Foods, a pet food company, received IPO approval from the CSRC and is expected to list soon, following the successful A-share listing of Peidi Pet Foods, dubbed the "first dog food stock." Peidi is also the fifth New Third Board company to successfully transfer to the main board in 2017, with Tianyuan Pet and Yiyi Co. also planning IPOs. Behind this wave is the booming pet economy.

吴志
Capital, Earnings & M&A

After 20 Years of Fierce Battle, Giants Begin to Decline: Who Is More Likely to Be the Last Survivor, Uni-President or Master Kong?

In an era of authoritative deconstruction, people eagerly watch the decline of giants. Between Uni-President and Master Kong, who is more likely to be the last survivor?

梁玉龙
Capital, Earnings & M&A

After Wahaha, How Will These FMCG Companies' Listing Dreams Unfold?

In 2017, the FMCG industry is abuzz with discussions about going public. While some like Tao Huabi reject it, many companies are now seeking IPOs to overcome financial bottlenecks. This article examines the prospects of several major FMCG companies, including Wahaha, Six Walnuts, Baixiang, Blue Moon, JDB, and Saky, as they navigate their paths to listing.

老纳
Brand Marketing

Taking Command in Crisis: A Veteran Turned Pork Factory Director, Slaughtering 50 Million Pigs a Year, Earning the Title 'Butcher'

Adults often 'scare' their children by saying that if they don't study hard, they'll end up feeding pigs at home, implying that working with pigs is shameful. However, there is one person who loves pigs and has spent his entire life working with them. From pigs to pork to factories to meat products, what comes to mind? Yes, ham sausages. This article is about Wan Long, the founder of Shuanghui, who bears the title 'Butcher'.

石榴姐
Capital, Earnings & M&A

He Failed Three Times, Lost 100 Million Yuan, and Built a 60 Billion Yuan Food Empire with a Bowl of Instant Noodles!

Wei Yingzhou, after three failed ventures in mainland China, founded Master Kong in 1992 with a红烧牛肉面 (braised beef noodle) that became a national favorite. Through rapid expansion, diversification, and strategic marketing, he built a food empire spanning instant noodles, beverages, fast food, and supermarkets, making Master Kong the top instant noodle brand in China.

石榴姐
Capital, Earnings & M&A

After Being Scammed in Its Listing Attempt, Why Wahaha Chose This as Its Next Move

Zong Fuli, daughter of Wahaha's founder, has faced public ridicule over her failed attempts to take the company public and launch high-end products. However, these moves reflect Wahaha's need for change, and its recent focus on selenium-rich water may be a strategic step to revitalize the brand and enter the high-end water market.

老纳
Capital, Earnings & M&A

The Most Effective Techniques for Mom-and-Pop Stores: Do These Two Things and Boost Performance by Over 40% - Try It!

As store owners, everyone hopes for booming business and daily profits, but often things don't go as planned. Many stores have weak profitability and poor sales, leaving owners anxious and unsure how to improve. Some try to adjust but see little effect due to lack of know-how. So what's an easy yet effective approach? Let 'Small Store Helper' tell you. It's simple: first, focus on store cleanliness and product display, which are the foundation of store operations. Doing these two well will gradually improve business.

New Distribution