Topic of this week: on February 28, Eastroc Beverage (Group) Co.Ltd(605499) released the financial report of the first annual report after listing: during the reporting period of 2021, the company achieved an operating revenue of 6.978 billion yuan, a year-on-year increase of 40.72%; The net profit attributable to the parent company was 1.193 billion yuan, a year-on-year increase of 46.90%. From the data of single quarter, the net profit attributable to parent company in the first quarter of Eastroc Beverage (Group) Co.Ltd(605499) 2021 was the highest, reaching 342 million yuan Eastroc Beverage (Group) Co.Ltd(605499) in addition to the continuous and rapid growth of revenue and net profit, the sales volume surpassed red bull for the first time and became the first in the energy beverage market. Dongpeng achieved rapid growth, mainly because the company continued to implement the omni channel intensive cultivation strategy in Guangdong, and actively developed national sales channels, driving the continuous improvement of the sales volume of 500ml golden bottle Dongpeng special drink and other kinds of drinks. Looking forward to 2022, we are optimistic about the energy beverage boom track and believe that Dongpeng is expected to continue its high performance growth under the action of the omni-channel intensive cultivation strategy and the multi category development strategy.
Industry highlights: 1) Guizhou Investment Promotion Bureau plans to attract 32.762 billion yuan of investment in 2022, with a total of 28 alcohol related projects. 2) Shanghai Milkground Food Tech Co.Ltd(600882) spent 478 million yuan to buy back shares. 3) Eastroc Beverage (Group) Co.Ltd(605499) 2021 revenue increased by 40.72%. 4) Yili completed the comprehensive tender offer for Aoyou. 5) Wuliangye Yibin Co.Ltd(000858) the board of directors shall supplement and appoint and remove senior managers.
Rise and fall of the secondary market: from February 28 to March 5, the secondary market agriculture + 3.65%, commerce + 0.22%, food and beverage – 1.86%, ranking No. 2, 9 and 21 in CITIC 30 industry.
Risk tips: 1. The risk of macroeconomic weakness; 2. The risk of long-term epidemic prevention and control in China; 3. Risks of major food safety incidents; 4. Major agricultural epidemic risk.
