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FMCG Week's Event Highlights |Yuanqi Forest apologizes; New Jufeng intends to acquire the issued shares of Greatview Packaging and more for cash

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FMCG Week's Event Highlights |Yuanqi Forest apologizes; New Jufeng intends to acquire the issued shares of Greatview Packaging and more for cash

Panda Dairy: Xiang Piaopiao is one of the company's direct sales customers

On May 6, an investor asked Panda Dairy whether it would supply Xiangpiaopiao? Panda Dairy replied: "Xiangpiaopiao is one of the company's direct sales customers, and the company currently mainly provides condensed milk strip packs in milk tea. ”

Ximai Food: It is currently developing a big health food

On May 7, Ximai Food said on the investor interactive platform that with the expansion of the company's market scale, fixed expenses will be diluted, and the scale effect will gradually appear; In addition, the company is currently developing big health food and entering the field of big health. In the future, the company will continue to focus on the core development line of "health industry", actively lay out the two major businesses of "oat cereal and big health", build an oat cereal ecosystem, and develop a circle of friends for big health, and the net profit margin is expected to increase in the future.

Coconut Tree Group was fined 400,000 yuan for publishing edge advertising

On May 8, the coconut tree was fined 400,000 yuan for the advertisement on the hot search. According to the Qichacha APP, recently, Coconut Tree Group Co., Ltd. was administratively fined 400,000 yuan by the Longhua Branch of Haikou Market Supervision and Administration Bureau, and the illegal facts show that Coconut Tree Group Co., Ltd. published promotional graphics and texts on its own website, and used advertising slogans such as "rubbing milk with coconut" and "South Pacific beauties rarely 'airport'", which are suspected of violating the relevant provisions of the Advertising Law.

Sun Paper: The packaging paper production line in Nanning Park, Guangxi base, will be put into operation in the third quarter of 2023

On May 8, Sun Paper said on the investor interactive platform that the packaging paper production line in Nanning Park, the company's Guangxi base, will be put into operation in the third quarter of 2023, and the corresponding products will contribute to a quarter's packaging paper sales revenue. In 2023, according to the market demand, the structure of the company's various series of products, including packaging paper, will be optimized and adjusted; At the same time, the overall sales price of the company's packaging paper products in 2023 will decrease compared with 2022. In summary, the revenue of kraft containerboard disclosed in the company's 2023 annual report decreased slightly compared with 2022.

Coty Group Q3 FY2024 Revenue Grows 8%

On May 8, a reporter from Beijing Business Daily learned that Coty disclosed its financial report for the third quarter of fiscal year 2024, showing revenue of $1.39 billion, a year-on-year increase of about 8%. Revenue in the Americas region increased 8% to 43% of total sales. Europe, Middle East & Africa and Asia Pacific both achieved revenue growth of 7%.

Scalp care brand Fulu Deya officially announced Zhao Liying as the brand spokesperson

On May 8, a reporter from Beijing Business Daily learned that the French scalp care brand Fuludea officially announced that Zhao Liying became its new brand spokesperson. According to public information, the brand is a high-end brand focusing on hair and scalp care. IN 1979, IT WAS INCORPORATED INTO THE FRENCH PHARMACEUTICAL AND COSMETIC GROUP PIERRE FABRE, AND IN OCTOBER 2023, JUJU GROUP, THE PARENT COMPANY OF ORANGE DUO, AND THE FRENCH PIERRE FABER GROUP ANNOUNCED THAT THEY WILL ENTER INTO A LONG-TERM STRATEGIC PARTNERSHIP BASED ON THE "RENÉ FURTERER" BRAND, AND JUYI WILL BE FULLY RESPONSIBLE FOR ALL THE BRAND'S BUSINESS IN CHINA FOR A LONG TIME.

索康尼母公司Wolverine Worldwide一季度收入下滑34%

On May 9, a reporter from Beijing Business Daily learned that Wolverine Worldwide, the parent company of running shoe brand Saucony, announced its financial report for the first quarter of 2024, showing that revenue in the first quarter fell 34% to $395 million, compared with $599 million in the same period last year. Among them, the outdoor brand Merrell (Merrell) revenue of 133 million US dollars, down 26.2% from 180 million US dollars in the same period last year; Saucony, a running shoe brand, saw revenue fall 24.5% to $101 million in the quarter, while women's sportswear brand Sweaty Betty fell 4.8% to $45.2 million.

Genki Forest apologized for the Xiao Zhan poster incident

On May 9, topics related to the apology of Yuanqi Forest appeared on the hot search. On May 8, Yuanqi Forest's official Weibo posted that the spokesperson Xiao Zhan is the most important and precious partner of Yuanqi Forest, and we have been committed to working with the spokesperson to provide consumers with the most energetic product experience. We apologize for any negligence in our day-to-day operations and management, which has caused misunderstanding and confusion to you and our spokespersons. In the future, we will carry out stricter management and review of every sentence and picture produced, better maintain the image of the spokesperson, and will seriously deal with the relevant outsourcing team and staff involved in this incident. The cause of the incident was the "Cloud Raising Giant Pandas" activity launched by the Yuanqi Forest Member Center Mini Program. Users need to choose their own identity on the event interface to become "daddy" or "nanny", and the page diagrams of these two identities are male and female outlines respectively. Some netizens found that the silhouette of the Yuanqi Forest poster endorsed by Xiao Zhan is suspected of using Wang Yibo's picture.

Dali Foods responded to the iced tea to ask Zhou Kou Jay: It is not a product produced by our company, and the relevant departments of the company have started the anti-counterfeiting work

On May 9, it was reported that in Shenyang, Liaoning Province, some citizens bought a Liangying iced tea in a store, with the image of "Zhoukou Jay" on the product packaging, and marked "CCTV advertising brand" and "Dali Garden Beverage (Liaoning) Co., Ltd." in a prominent position. In this regard, the relevant person in charge of Dali Food replied to a reporter from Beijing Business Daily: "This product is not a product produced by our company, and the relevant departments of the company have started the anti-counterfeiting work. ”

Langzi shares: The medical cosmetology business is mainly engaged in the operation of medical cosmetology hospitals and outpatient departments

On May 9, Langzi Co., Ltd. said on the investor interactive platform that the company's medical cosmetology business is mainly based on operating medical cosmetology hospitals and outpatient departments, and drugs and medical devices are mainly purchased from mainstream manufacturers in the upstream of the industry. The company has established long-term cooperative relations with mainstream manufacturers in the upstream of the industry, and embraces all products that can create value for customers.

Focusing on goat milk powder, Jiabei Aite officially announced three new products

On May 9, Ausnutria's goat milk powder brand Jiabei Aite released three infant formula goat milk powders: Jiabei Aite Jinghua, Jingcui Yuebai and Yueqi. According to reports, the three new infant products of Jiabei Aite Jinghua, Jingcui Yuebai and Yueqi released this time meet the needs of consumers for refined feeding with differentiated formula advantages on the basis of the dual absorption advantages of "goat milk small molecule + natural A2 protein". Ren Zhijian, Executive Director and Chief Executive Officer of Ausnutria Dairy, said, "Jiabei Aite has completed the strategic layout of the world's top three markets, and is confident to realize the strategic transformation from the first goat milk powder brand to the first goat milk brand, and lead the development of the goat milk category with better quality goat milk products. ”

Xinjufeng intends to acquire the issued shares of Greatview Packaging in cash

On the evening of May 9, Xinjufeng announced that the company is planning to launch a voluntary conditional general offer to all shareholders of Greatview Packaging, a company listed on the Hong Kong Stock Exchange, through its wholly-owned subsidiary, Jingfeng Holdings Co., Ltd. (hereinafter referred to as "Jingfeng Holdings") and/or acquire the issued shares of Greatview Packaging in cash through other forms that meet regulatory requirements. According to preliminary estimates, this transaction is expected to constitute a major asset restructuring as stipulated in the Administrative Measures for the Material Asset Restructuring of Listed Companies.

LG Household Healthcare's operating profit increased 3.5% in the first quarter

On May 12, a reporter from Beijing Business Daily learned that LG Life and Health released its financial report for the first quarter of 2024, showing that LG Life Healthcare's sales in the first quarter increased by 2.7% year-on-year to 1,683.7 billion won (about 8.898 billion yuan); Operating profit increased by 3.5% year-on-year to 151 billion won (about 798 million yuan). LG Household said that sales in the quarter were the first increase in four quarters, and operating profit began to recover after 10 consecutive quarters of decline.

Kraft Heinz Q1 operating profit up 4.7%

On May 12, a reporter from Beijing Business Daily learned that Kraft Heinz released its results for the first quarter of 2024, showing net sales of $6.4 billion in the first quarter; Operating profit was US$1.3 billion, up 4.7% year-on-year; Adjusted earnings per share were $0.69, up 1.5% year over year. Net sales in China's emerging markets were $728 million, up 5.5% year-on-year.

Puma's net profit fell 23.5% in the first quarter

On May 12, a reporter from Beijing Business Daily learned that the German sports brand PUMA (Puma) announced its financial report for the first quarter of 2024, showing that during the reporting period, Puma achieved operating income of 2.102 billion euros, a year-on-year increase of 0.5%; Net profit was 87.3 million euros, down 23.5% year-on-year. In terms of regions, PUMA's home market revenue in Europe was flat, while revenue in the Americas market increased by 1% year-on-year, and the Asia-Pacific market achieved a year-on-year growth of 0.6%. ”

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Edited by Topol

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