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YATSEN HOLDING’S THIRD-QUARTER REVENUE WAS 718.1 MILLION YUAN, DOWN 16.3% YEAR-ON-YEAR.

Yatsen E-commerce released its financial report for the third quarter ending September 30, 2023. The data shows that Yatsen E-commerce’s total net revenue was RMB 718.1 million, a year-on-year decrease of 16.3%. The net loss was RMB 197.9 million, narrowing by 6.1% year-on-year. On a non-GAAP basis, the net loss was RMB 130.2 million, expanding […]

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CHANGFU DAIRY “TAKES THE EXAM IN BEIJING” AND SUCCESSFULLY BECOMES PART OF THE “DAIRY INDUSTRY FULL-CHAIN STANDARDIZATION PILOT BASE.”

The 8th International Symposium on “Dairy Nutrition and Milk Quality,” co-hosted by the Beijing Institute of Animal Science and Veterinary Medicine of the Chinese Academy of Agricultural Sciences, the Food and Nutrition Development Institute of the Ministry of Agriculture and Rural Affairs, the China Dairy Industry Association, the American Dairy Science Association, and the New […]

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FOCUSING ON THE “HUNDRED-THOUSAND-TEN THOUSAND PROJECT” | FOUR COMPANIES IN QINGCHENG RECEIVE “QINGYUAN CHICKEN” GEOGRAPHICAL INDICATION PLAQUES

Recently, the “Qingyuan Chicken” Industry High-Quality Development Promotion Meeting and the “Qingyuan Chicken” Geographical Indication Special Mark Award Ceremony were held in Qingcheng District. Qingcheng District Vice Mayor Lei Huankun attended the ceremony and awarded plaques to four companies that were granted the right to use the “Qingyuan Chicken” Geographical Indication Special Mark. A geographical […]

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HEMEI AGRICULTURE PLANS TO INVEST 10 MILLION YUAN TO ESTABLISH A WHOLLY-OWNED SUBSIDIARY, LONGZHOU HEMEI FOOD SUPPLY CHAIN CO., LTD., IN CHONGZUO CITY, GUANGXI PROVINCE.

According to a November 21 announcement on Wabei.com, Hemei Agriculture (833515) recently released a notice regarding its decision to establish a wholly-owned subsidiary in Chongzuo City, Guangxi Province, with an investment of 10 million yuan. This decision is based on the company’s overall future development strategy, aiming to implement its strategic plan, optimize resource allocation, […]

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Sinopharm Group and Roche Pharmaceuticals China Sign Strategic Cooperation Agreement

On November 6, during the 6th China International Import Expo (CIIE), Sinopharm Group and Roche Pharmaceuticals China held a strategic cooperation signing ceremony. Chen Zhanyu, Vice President of Sinopharm Group, and Ding Xia, Head of Multichannel Ecosystem Expansion at Roche Pharmaceuticals China, signed the agreement on behalf of both parties. Liu Yong, President and Executive […]

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Establishing a Research Institute to Address the Challenge of Creating Blockbuster Products: Ziyan Foods Accelerates “Self-Revolution”

Food R&D is different from other fields and requires attention to detail. In recent years, research and development in the food industry has been given increasing importance. On the morning of November 17, the inauguration ceremony of the Ziyan Food Innovation Research Institute was held in Guanyun County, Lianyungang. As a well-known brand in the […]

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PROTECTING CASH FLOW! IVD COMPANY CUTS 90% OF ITS WORKFORCE!

Recently, Talis Biomedical, a U.S.-based company specializing in point-of-care infectious disease testing, announced that it has begun exploring strategic alternatives and will be cutting approximately 90% of its workforce to preserve cash flow. In a statement, Talis said that the company’s Board of Directors has appointed a special committee composed of independent directors to consider […]

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STRENGTHENING SALES NETWORK CONSTRUCTION: MULTIPLE SALES CHANNELS BOOST REVENUE FOR ZIYAN FOODS

Recently, Ziyan Foods released its third-quarter earnings report, providing a detailed overview of the company’s revenue and growth rates. According to the data, for the first three quarters of 2023, the company’s revenue was approximately 2.816 billion yuan, representing a 2.68% year-on-year increase. Net profit attributable to shareholders of the listed company was about 341 […]

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Continuing the Discount War: RT-Mart’s Parent Company Reports a Loss of 378 Million in Half a Year, with Nearly 100,000 Paying Members

In the past six months, Gome Retail (06808.HK), the parent company of RT-Mart, has faced significant challenges as it focuses on expanding its membership stores and responding to price wars. On the evening of November 14, Gome Retail released its interim financial report for the first half of fiscal year 2024, ending on September 30. […]

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ZIYAN FOODS DEEPENS ITS FOCUS ON THE CONVENIENT DINING SEGMENT, EXPANDS INTO PRE-PREPARED FOODS, AND ACHIEVES BREAKTHROUGH GROWTH.

As the pace of life continues to accelerate, the lifestyle of young people has undergone a series of changes. People are looking for more time to experience different things, and therefore, they seek to increase efficiency in every aspect of their lives. Since dining is an essential part of daily life, improving the efficiency of […]

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MAGNUM ICE CREAM SUPPORTS ‘PLASTIC REDUCTION’ INITIATIVE WITH GREEN PACKAGING, WINS PACKAGING INNOVATION AWARD

Since Unilever’s brand Walls entered the Chinese market, its Magnum ice cream and other products have consistently been loved by consumers. Beyond flavor updates, Magnum’s parent company, Unilever, has actively implemented the “plastic reduction” concept in its packaging, continually meeting the diverse green consumption demands of customers. Recently, Unilever won the Silver Award at the […]

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HIGH-TECH FAIR | STIMULATING INNOVATION VITALITY, ENHANCING DEVELOPMENT QUALITY

Today, the 25th China Hi-Tech Fair (CHTF) officially opened in Shenzhen, bringing an international, professional high-tech event to the forefront. This year’s CHTF is hosted in two locations: the Shenzhen Convention and Exhibition Center (Futian) and the Shenzhen World Exhibition & Convention Center (Bao’an). The event features a comprehensive exhibition, specialized exhibitions, conferences, forums, and […]

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CHINA LIFE INVESTMENT PARTNERS WITH GLP TO ACCELERATE THE LAUNCH OF REITS STRATEGIC PLACEMENT FUND.

With the establishment of the first REITs Strategic Placement Fund, China Life Investment is rapidly implementing its related investment plans. On November 14, China Life Investment and GLP reached a comprehensive strategic partnership, focusing on GLP’s core areas of supply chain, big data, and new energy infrastructure investment and industrial ecosystem development. Notably, the collaboration […]

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SF EXPRESS LAUNCHES INTERNATIONAL FRESH FOOD EXPRESS SERVICE FOR INDIVIDUALS

“SF Express Launches International Fresh Food Express Service for Individuals” On November 7, SF Express officially announced the launch of its international express service for personal fresh food shipments. Previously, exporting fruits was typically conducted through a business-to-business model, requiring exporters to have export qualifications and provide a range of inspection and quarantine procedures, making […]

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ZHONGNONG MODERN HAS BEEN AWARDED THE POSITION OF VICE CHAIRMAN UNIT OF THE CHINA PRE-PREPARED FOOD INDUSTRY PARK ALLIANCE.

On November 9, the “Defining Categories · Envisioning Mindshare” Third China Pre-prepared Food Industry Innovation Development Conference and the First Yangtze River Delta New Year’s Eve Dinner Gold Award Selection & China Pre-prepared Food Industry Park Alliance Inaugural Conference grandly opened at the Shanghai International Expo Center. The conference was guided by the Institute of […]

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