On May 19, I Maotai was officially launched.
According to the disclosure of Xiaomao I Maotai wechat official account, during the previous 49 days of trial operation, I Maotai launched four new products, including Kweichow Moutai Co.Ltd(600519) wine (treasures), 500ml Kweichow Moutai Co.Ltd(600519) wine (year of renyin tiger), 375ml Kweichow Moutai Co.Ltd(600519) the.
After the official launch, based on the above-mentioned products, I Maotai will increase the online sales of five products: Feitian 53% vol 100ml Kweichow Moutai Co.Ltd(600519) wine, Feitian 43% vol 500ml Kweichow Moutai Co.Ltd(600519) wine, 43% vol 500ml Kweichow Moutai Co.Ltd(600519) wine (wedding banquet red), Maotai Prince wine (Golden Prince) and Maotai welcome wine (purple).
The above 9 products together form I Maotai’s current product matrix, including 6 Maotai wines and 3 Maotai flavor series wines, with product prices ranging from 218 yuan to 4599 yuan.
The most exciting thing is that the classic Feitian 53% vol Kweichow Moutai Co.Ltd(600519) wine has launched a “small wine version” – a 100ml / bottle of 53 degree Feitian Maotai, priced at 399 yuan.
This may pave the way for the price increase of Maotai liquor.
It is understood that the ex factory price of 500ml Feitian Maotai is 969 yuan. Now the terminal price of the whole box is more than 3000 yuan and that of a single bottle is more than 2500 yuan. According to the selling price of 53 degree Feitian Maotai of 100ml / bottle of small wine version, it is converted into 500ml Feitian Maotai, and the price increase is about 33%.
This view is not groundless Kweichow Moutai Co.Ltd(600519) chairman Ding Xiongjun once said that we should respect commodity attributes and the relationship between supply and demand.
In fact, Maotai is facing growth pressure.
According to the financial report, one of the business objectives of Kweichow Moutai Co.Ltd(600519) 2022 is to increase the total operating revenue by about 15% compared with the previous year. In 2021, Maotai’s revenue was 106.19 billion yuan, which means that Maotai’s revenue this year will be close to or even more than 122 billion yuan.
Price increases may be a good breakthrough.
In the first quarter, Maotai’s revenue was 32.296 billion yuan, a year-on-year increase of 18.43%; The net profit was 17.245 billion yuan, a year-on-year increase of 23.58%.
On May 19, Maotai closed at 1756 yuan, down 0.28%, with a decline of 7.92% in the past three months.
On the same day, the Shanghai Composite Consumer 80 index closed at 578699 points, down 0.67%.
Agriculture
Brazilian sugar factories cancel sugar export contracts
On May 19, according to the financial news of China Central Television, Brazil is the world’s largest sugar producer. Under the background of soaring international oil prices, many sugar factories in Brazil have recently switched to ethanol. Up to now, the export volume of Brazil’s crude sugar has been cancelled by 2 Shenzhen Guohua Network Security Technology Co.Ltd(000004) 00000 tons. Recently, the market price of aqueous ethanol has just exceeded the crude sugar futures price. The price of crude sugar futures in June, the most actively traded on the NYSE, fluctuates between 19 and 20 U.S. dollars per pound, while the market price of aqueous ethanol has exceeded 20 cents per pound after conversion.
sugar may continue to rebound in the later stage
On May 19, according to Soochow futures, with more than half of the sugar factories in Yunnan producing area, China’s sugar production season has basically ended this year, and then it will officially enter the stock removal period. In the early stage, affected by the epidemic, the downstream procurement is not smooth, and the overall inventory level is low. In the later stage, with the improvement of China’s epidemic situation and the superposition of sugar consumption, China’s sugar stock removal progress is expected to accelerate. At present, the external market is strongly disturbed by crude oil and weather, and the price of sugar outside China is in a serious upside down state. In addition, the main contract of white sugar is basically flat with the spot, and the overall valuation level is low. It is expected that the rebound pattern of white sugar may continue in the later stage. It is suggested to participate in a small amount of bargain hunting and long.
palm oil is still strongly supported by the tight overall supply pattern
On May 19, according to the national grain and oil information center, Indonesia banned the export of palm oil, and Malaysia’s export demand increased significantly. According to the data of shipping agencies, from May 1 to 15, Malaysia’s palm oil exports increased by 20.6% ~ 29.1% month on month. Although Malaysian palm oil is in the production cycle, the government encourages the expansion of exports, and it is expected that short-term inventories will be difficult to continue to accumulate, which is good for palm oil prices. At present, the price of palm oil outside China has lost its price advantage compared with other oils and fats, but the overall tight supply pattern still has strong support for the price. It is expected that the short-term palm oil price will continue to remain high and volatile.
national Apple cold storage destocking rate 74.40%
On May 19, according to Mysteel, as of the week of May 18, the stock out volume of the national Apple cold storage was 307100 tons, and the national cold storage destocking rate was 74.40%, slowing down from the previous week. Among them, the storage capacity ratio of Shandong production area was 19.15%, a decrease of 1.77% compared with last week, and the delivery speed of cold storage in Shandong production area slowed down significantly during the week. The storage capacity ratio of Shaanxi production area was 16.20%, a decrease of 2.13% compared with last week. The delivery speed of Shaanxi production area continued to slow down during the week. The delivery speed of Gansu production area is general, the transaction of Jingning production area has entered the late stage, and the overall delivery of goods in Shanxi production area has slowed down.
Food and beverage
Maotai Group applies for Maotai ice cream trademark
On May 19, according to the 21st Century Business Herald, the country’s first Maotai ice cream flagship store opened. China Trademark network shows that on April 26, China Kweichow Moutai Co.Ltd(600519) distillery (Group) Co., Ltd. applied for the registration of the trademark “moutaiicecream”, which is internationally classified as 30 categories of convenience food. The trademark status is under application for registration.
Beijing Yanjing Brewery Co.Ltd(000729) : elect Geng Chao as the chairman of the 8th board of directors
On May 18, Beijing Yanjing Brewery Co.Ltd(000729) announced that Beijing Yanjing Brewery Co.Ltd(000729) held the 14th meeting of the 8th board of directors on May 18, 2022, deliberated and adopted the proposal on electing Mr. Geng Chao as chairman of the 8th board of directors of the company. Geng Chao was elected chairman of the eighth board of directors at the meeting, and his term of office was the same as that of the eighth board of directors.
Chen Ke Ming Food Manufacturing Co.Ltd(002661) elect Chen Keming as chairman
On May 19, Chen Ke Ming Food Manufacturing Co.Ltd(002661) announced that the proposal on electing the chairman of the sixth board of directors was deliberated and approved at the first meeting of the sixth board of directors of the company on May 18, 2022, and Mr. Chen Keming was elected as the chairman of the sixth board of directors of the company for a term of three years, starting from the date of deliberation and approval of the current board of directors to the date of expiration of the term of the sixth board of directors of the company.
Ruixing coffee invested 10 million to establish an enterprise development company in Shanghai
On May 19, industrial and commercial data showed that Ruixing enterprise development (Shanghai) Co., Ltd. was established with a registered capital of 10 million yuan, and its business scope includes construction engineering construction; business management; Catering management; Wholesale of cosmetics; Cosmetics retail; Edible Shenzhen Agricultural Products Group Co.Ltd(000061) wholesale, etc. Shareholder information shows that the company is wholly owned by Ruixing coffee (China) Co., Ltd.
The price increase will be announced in October this year
On May 19, according to the financial Associated Press, Suntory announced this week that due to the rise of production costs, it will launch a large-scale price increase for bottled and canned drinks in the company’s Japanese market from October this year. The price increase this time is 20 yen (about 1 yuan). According to the product price, the price increase is between 6-20%. A spokesman for competing Kirin Beer quickly followed up, saying that the situation was becoming more difficult and that the company would continue to consider changing pricing.
this delicious food has completed a round of financing of tens of millions of Yuan
On May 18, according to the wechat official account of benweixianwu, a low-temperature meat product brand, benweixianwu announced that it had recently completed a round of financing of tens of millions of yuan. This round was led by Baorui capital, a venture capital fund under baozun e-commerce, and the old shareholder xiaohongshu continued to follow. It is reported that this round of financing will continue to be used for R & D and supply chain construction. Previously, this delicious food was invested by xiaohongshu, and the wave point investment followed the 10 million yuan pre-A round of financing.
green hotel group spent 399.8 million yuan to acquire two catering chains in China
On May 17, according to the wechat official account of Ryan capital, green hotel group said that the company had reached a final agreement and would purchase Daniang dumplings and Lugang town from the controlling shareholder Greentree hotel management group. The purchase price is paid in US dollars, equivalent to 399.8 million yuan, which is expected to be completed in the second half of 2022.
E-commerce retail
Wal Mart’s net profit of USD 2.05 billion in the first quarter of fiscal year 2023
On May 17, retail giant Wal Mart announced its financial results for the first quarter of fiscal year 2023. According to the financial report, Wal Mart achieved revenue of US $141569 billion in the first quarter of fiscal year 2023 (the three months ended April 30, 2022), a year-on-year increase of 2.36%; The net profit was US $2.054 billion, a year-on-year decrease of 24.76%. Adjusted earnings per share was $1.30, down 23.07% year-on-year.
vipshop revenue decline
According to the financial report, in the first quarter, vipshop’s net revenue was 25.2 billion yuan, compared with 28.4 billion yuan in the same period last year; Gmv was 42.6 billion yuan, compared with 46.1 billion yuan in the same period last year; The net profit was 1.1 billion yuan, compared with 1.5 billion yuan in the same period last year. According to the financial report, the decline in revenue was mainly due to the weak demand of consumers for non essential categories and the impact of the epidemic on warehousing and logistics networks. In the second quarter, its total net income is expected to be between 22.2 billion yuan and 23.7 billion yuan, a year-on-year decrease of about 25% to 20%.
Express Logistics
State Post Office: China express delivery development index fell 3.9% month on month in April
On May 19, the official website of the State Post Office released the report on China Express development index in April 2022. It is estimated that China Express development index in April 2022 was 241.3, down 3.9% month on month. Among them, the development scale index and development capacity index were 286.5 and 170.9 respectively, with a month on month decrease of 11.8% and 9% respectively. The service quality index and development trend index were 325 and 65.6 respectively, with a month on month increase of 7.1% and 5.1% respectively. In April, the development scale index of express delivery was 286.5, down 11.8% month on month. The express business volume decreased by 11.9% year-on-year. From January to April, 31.71 billion pieces of express business were completed, with a year-on-year increase of 4.2%; Business income totaled 313.33 billion yuan, a year-on-year increase of 2.3%.
in april, SF achieved revenue of RMB 11.506 billion
On May 18, S.F.Holding Co.Ltd(002352) released the operation briefing of express logistics business in April. According to the announcement, the total revenue of SF express logistics business, supply chain and international business from January to April this year was 80.129 billion yuan, a year-on-year increase of 42.31%. In April, the total revenue of SF express logistics business, supply chain and international business increased by 29.45% year-on-year, of which the revenue of supply chain and international business increased by 345.39% year-on-year. In April, SF express logistics business achieved a revenue of 11.506 billion yuan, a year-on-year decrease of 8.47%; The business volume was 747 million tickets, a year-on-year decrease of 10%.
in april, the business volume of Yunda express decreased by 19.37% year-on-year
On May 18, Yunda Holding Co.Ltd(002120) announced that the company’s express service revenue in April 2022 was 2.859 billion yuan, a year-on-year increase of 0.03%; The business volume reached 1.132 billion tickets, a year-on-year decrease of 19.37%; The single ticket income of express service was 2.53 yuan, a year-on-year increase of 24.02%.
Yto Express Group Co.Ltd(600233) : the revenue of express products increased by 10.78% year-on-year in April
On May 18, Yto Express Group Co.Ltd(600233) announced that the revenue of express products in April was 3.122 billion yuan, a year-on-year increase of 10.78%; The number of business completed was 1.246 billion, a year-on-year decrease of 4.83%; The single ticket income of express products was 2.51 yuan, a year-on-year increase of 16.41%.
Sto Express Co.Ltd(002468) : the revenue of express service business in April increased by 11.42% year-on-year
On May 18, Sto Express Co.Ltd(002468) announced that the company’s express service revenue in April 2022 was 2.033 billion yuan, a year-on-year increase of 11.42%; The business volume reached 791 million tickets, a year-on-year decrease of 7.68%; The single ticket income of express service was 2.57 yuan, a year-on-year increase of 20.66%.
rookie invests in Jiaxing to establish a new company
On May 13, the industrial and commercial data showed that Jiaxing Xinyi Supply Chain Management Co., Ltd. was established with the legal representative Zhong Zhen, the registered capital of 10 million yuan, and the business scope includes supply chain management services; General cargo warehousing services; International freight forwarder; China cargo transportation agency; Import and export of goods, etc. The company is indirectly owned by Zhejiang rookie Supply Chain Management Co., Ltd. and Alibaba (China) Network Technology Co., Ltd.
Entertainment Games
Tencent responded that it didn’t get the first batch of game version numbers: it’s more important to let small companies recover their blood first
On May 19, Ma Huateng, chairman of Tencent and Liu Chi, President of Tencent, held a financial report teleconference on May 18 to interpret the key points of the financial report. For not getting the first batch of game version numbers, Tencent said that for large-scale companies holding multiple games, the harm of no game version number is not so great, so it is reasonable to send version numbers to start-ups first.
Tencent also said that it will invest more resources in large game projects in the future.
Sony: will invest heavily in “metauniverse” as a new growth field
Sony Group held a 2022 business policy explanation meeting in Tokyo on the 18th, saying that it will vigorously invest in the network’s virtual space “metauniverse” as a new growth field. Strive to combine with existing business games, movies, music and other entertainment methods to form a superposition effect to attract users.
twitter announced that it had submitted a preliminary power of attorney for musk acquisition to the SEC
On May 19, twitter announced that it had submitted a preliminary power of attorney for musk acquisition to the securities and Exchange Commission of the United States, saying that it would be committed to completing the transaction as soon as possible at the agreed price and terms. On April 26, twitter officially announced that it had reached a final agreement to acquire an entity wholly owned by Elon Musk for $54.20 per share in cash, with a transaction value of about $44 billion.
cat’s eye officially launched the digital collection business
On May 19, the cat’s eye app was officially launched in the digital collection area, and the first phase of the cat’s eye digital collection pre-sale was launched. The person in charge of cat’s eye digital collection business said, “in the field of cultural industry, high-quality IP can help digital collections succeed, and digital collections can feed IP from deep publicity and marketing.”
Hunan Satellite TV and mango TV launch dual platform integration
On May 18, Hunan Satellite TV and mango TV launched the integration of two platforms, mainly including drama integration content and marketing direction. On the content side, the dual platform integration has reserved a total of 48 self-made variety production teams, 29 film and television production teams and 34 strategic studios of Xinmang plan. On the marketing side, the dual platform integration will rely on the network exposure resources, Xiaomang e-commerce transformation resources, Fengmang short video social communication resources and mutual entertainment private domain to create a platform to truly connect the network resources. On the other hand, the integration of stations and networks has a strong program production center to meet the marketing demands of various brands with content productivity. After the integration, the dual platform ports will converge to form a user pool, form a hard and wide delivery position, realize the two-way combined delivery on the media terminal and user terminal, and ensure full coverage and accurate access.
Household appliances
Midea’s response to layoff rumors: in view of the judgment on the internal and external environment, the non core business is contracted orderly
On May 19, according to the financial Associated Press, it was learned from the pulse platform that Midea Group Co.Ltd(000333) official number responded to the recent rumors of layoffs. “This year, in view of the judgment of the internal and external environment, the company has orderly contracted its non core business, suspended non operating investment, and taken multiple measures to further consolidate its growth potential and improve its operating performance,” the company said
Luxuries
Asia Pacific luxury market scale soared by nearly 30%
According to the latest report of GlobalData, the scale of luxury goods market in the Asia Pacific region increased by 29.7% in 2021, rebounded significantly from the decline of 14.6% in 2020, and also increased by 10.8% compared with 2019. The report also pointed out that under the stimulation of emerging sales models such as star effect and live broadcasting, millennials and generation Z are becoming the main driving force of the Asia Pacific luxury market, and metauniverse has become a luxury trading place for young and wealthy consumers in the Asia Pacific region.
burberry’s revenue increased by 23% in fy2022
On May 18, burberry released the fiscal year data as of April 2, 2022. During the reporting period, it realized an operating revenue of £ 2.83 billion, a year-on-year increase of 23%; The profit before tax was 510 million pounds, and the adjusted operating profit was 520 million pounds, an increase of 38% year-on-year. The operating leverage was significantly improved, and the adjusted fixed exchange rate operating profit margin was increased to 19%. The Chinese market, which accounts for one third of Burberry’s business, shrank in the last quarter due to the impact of the epidemic, but Burberry is still confident in the recovery of the Chinese market.
Clothing textile
Adema CEO leaves next month
Recently, under amour announced that Patrick frisk, CEO and President of the company, will leave on June 1, but he will continue to serve as a consultant until September 1. It is reported that before appointing a successor, the board of directors of the company has appointed Colin Browne, the company’s chief operating officer (COO), as interim president and CEO. Meanwhile, the board of directors of under amour has launched a comprehensive internal and external search process to determine the permanent president and CEO.
Education
the first quarter net profit of senior high school education increased by 264.4% year-on-year
On May 19, the first high school education group announced that its revenue in the first quarter of 2022 was 89.3 million yuan, a year-on-year increase of 14.2%, and its net profit was 19.6 million yuan, a year-on-year increase of 264.4%. As of March 31, 2022, the total number of school projects providing management services for the first high school education and school projects in public schools is 22, and the total number of students is 21242.
New Oriental sets up Bilin Oriental company in Chengdu
On May 19, industrial and commercial data showed that Chengdu Bilin Oriental Education Consulting Co., Ltd. was recently established. The legal representative is Qiao Lei, with a registered capital of 1 million yuan. Its business scope includes education consulting services, enterprise management, food sales, wholesale and retail of stationery, sales of daily necessities and human resources services. The company is wholly owned by New Oriental Education Technology Group Co., Ltd.
Cultural tourism
same trip: the transaction volume in the first quarter reached 90% in the same period before the epidemic
According to the financial report, in the first quarter, Ctrip achieved a revenue of 1.72 billion yuan, 96.3% of the same period in 2019 before the epidemic; The transaction volume in the first quarter was 32.4 billion yuan, reaching 90.3% of the same period in 2019 before the epidemic.
Ctrip: the number of platform user visits in the past week has increased by nearly 40% compared with the same period in April
Ctrip data show that with the gradual stabilization of the epidemic in many places across the country, the coverage of low-risk areas has been further expanded, and users’ desire to travel has also been significantly improved. In the past week, the number of user visits of Ctrip platform increased by nearly 40% compared with the same period in April. Reflected in the order data, the tour in the province is preferred by users. In Jiangsu Province and Yunnan Province, the number of travel bookings within the province has increased by more than 30% month on month in the past five days.
CAAC: the industry lost 84.25 billion yuan last year, a decrease of 18.71 billion yuan compared with the previous year
On May 19, the official website of Civil Aviation Administration of China released the statistical bulletin on the development of civil aviation industry in 2021. According to preliminary statistics, in 2021, the total operating revenue of the whole industry reached 752.92 billion yuan, an increase of 21.5% over the previous year; The loss was 84.25 billion yuan, a decrease of 18.71 billion yuan over the previous year. Among them, airlines realized an operating revenue of 424.51 billion yuan, an increase of 13.3% over the previous year; The loss was 67.09 billion yuan, a decrease of 14.92 billion yuan over the previous year. The airport achieved an operating revenue of 94.41 billion yuan, an increase of 7.9% over the previous year; The loss was 24.62 billion yuan, a decrease of 1.41 billion yuan over the previous year. The operating revenue of enterprises was 234 billion yuan, an increase of 48.4% over the previous year; The total profit was 7.46 billion yuan, an increase of 2.38 billion yuan over the previous year.
Author: Chen Weixian, editor: Zhang Weiyuan
