Yatsen Holding’s Q3 Revenue Declines by 16.3% YoY to 718.1 Million Yuan
Yatsen E-commerce has released its financial report for the third quarter ending September 30, 2023. The company reported total net revenue of RMB 718.1 million, marking a year-on-year decrease of 16.3%. Despite the decline in revenue, Yatsen’s net loss was reduced by 6.1% year-on-year to RMB 197.9 million. On a non-GAAP basis, however, the net […]
Changfu Dairy Recognized as “Dairy Industry Full-Chain Standardization Pilot Base” at Beijing Symposium
Changfu Dairy has successfully “taken the exam in Beijing” by becoming part of the “Dairy Industry Full-Chain Standardization Pilot Base.” The company received this recognition at the 8th International Symposium on “Dairy Nutrition and Milk Quality,” held in Beijing from November 19-20, 2023. Co-hosted by prominent organizations including the Beijing Institute of Animal Science and […]
Ziyan Foods Launches Innovation Research Institute to Drive Product Development
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 […]
Qingyuan Chicken Industry Thrives: Four Companies Receive Geographical Indication Plaques
Recently, Qingcheng District hosted the “Qingyuan Chicken” Industry High-Quality Development Promotion Meeting, where four companies were awarded the “Qingyuan Chicken” Geographical Indication Special Mark. Vice Mayor Lei Huankun presented plaques to Guangdong Tian Nong Food Group, Qingyuan Sanyuan Qingyuan Chicken Breeding, Guangdong Tian Nong Ecological Food, and Guangdong Dongfeng Agricultural Development. A geographical indication signifies […]
HEMEI AGRICULTURE INVESTS 10 MILLION YUAN IN NEW SUBSIDIARY IN CHONGZUO CITY, GUANGXI PROVINCE
Hemei Agriculture (833515) announced its plan to establish a wholly-owned subsidiary in Chongzuo City, Guangxi Province, with an investment of 10 million yuan. This move aligns with the company’s future development strategy to optimize resource allocation and enhance competitiveness. The new subsidiary will focus on the production, sales, processing, transportation, and storage of agricultural products, […]
YATSEN HOLDING’S Q3 REVENUE DECLINES BY 16.3% YOY TO 718.1 MILLION YUAN
Yatsen E-commerce has released its financial report for the third quarter ending September 30, 2023. The company reported total net revenue of RMB 718.1 million, marking a year-on-year decrease of 16.3%. Despite the decline in revenue, Yatsen’s net loss was reduced by 6.1% year-on-year to RMB 197.9 million. On a non-GAAP basis, however, the net […]
Can profitability save the stock price? After Dingdong Maicai posted positive profits for four consecutive quarters, its stock price fell to $2.
As of the close on November 22, Dingdong Maicai’s stock price stood at $2.07 per share, representing a year-to-date decline of 51.52%, with a current total market value of $491 million. Researcher Zhuoma, The Investment Times Dingdong Maicai recently released its unaudited financial results for the third quarter of 2023, which ended on September 30. […]
Juewei Foods Adjusts Capital Structure, Temporarily Postpones Hong Kong IPO Plan
Pinecone Finance News: On November 23, Juewei Foods announced on its investor interaction platform that its plan to list in Hong Kong is currently on hold. Previously, Juewei Foods had publicly announced its intention to pursue a Hong Kong IPO, stating that the move was intended “to accelerate the company’s internationalization strategy, enhance its overseas […]
Benlai Life International Opens a New Chapter in the “Fresh” Supply Chain: Bringing More Global Delicacies to Chinese Consumers’ Tables
China Economic Herald and China Development Network Report by Pi Zehong: The variety of ingredients on Chinese family dining tables today has undergone a dramatic transformation compared to a decade ago. Imported ingredients like New Zealand Zespri kiwifruit, Italian extra virgin olive oil, and Ecuadorian white shrimp have become essential components of daily meals for […]
MISSFRESH RECEIVES DELISTING NOTICE FROM NASDAQ
Missfresh announced that the business acquisition under the equity financing and share purchase agreement previously announced on August 3, 2023, as well as the transaction under the share transfer agreement announced on August 7, 2023, have been terminated. On November 15, the Nasdaq Hearing Panel notified Missfresh that it had decided to delist the company’s […]
Ningbo Enterprises Compete in the “Blue Ocean” of Medical Cold Chain Products
Recently, at the warehouse entrance of a technology company in Mazhu Town, Yuyao, Ningbo, over 3,000 medical cold cabinets of various models were fully assembled and ready for shipment, destined to be exported to the U.S. market. “Many pharmaceuticals and vaccines require cold chain transportation and storage. Our company specializes in the research, development, and […]
SUZHOU’S ONLY ONE! SHIXIANG FRESH PRODUCE SELECTED AS A “2023 NATIONAL E-COMMERCE DEMONSTRATION ENTERPRISE”
Recently, the E-Commerce and Informatization Department of the Ministry of Commerce issued a document recognizing the enterprises selected as “2023 National E-Commerce Demonstration Enterprises.” Suzhou-based Shixiang Fresh Produce (Jiangsu Suiyi Information Technology Co., Ltd.) was listed among the honorees. On November 23, the 2023 China Jiangsu E-Commerce Conference, themed “Deepening Digital-Physical Integration to Promote Industrial […]
2023 TAOBAO LIVE FOOD AND FRESH PRODUCE INDUSTRY BELT PROJECT LAUNCH CEREMONY
On November 23, Alibaba’s Taotian Group, under its Taobao Food and Fresh Produce sector and Taobao Live, successfully held the “Food and Fresh Produce Industry On-Site Visit – Dandong Donggang Station” 2023 Taobao Live Food and Fresh Produce Industry Belt National Recruitment Conference in Donggang, Dandong, Liaoning, a key production area for strawberries and fresh […]
FANG XIU, CHAIRMAN OF MINWEI INDUSTRIAL: SEIZING NEW GROWTH OPPORTUNITIES IN AQUATIC PREPARED FOODS AND DEEPENING FULL-CHAIN INNOVATION WITH CRAFTSMANSHIP SPIRIT.
Fujian Minwei Industrial Co., Ltd. is a national key leading enterprise in agricultural industrialization, a national high-tech enterprise, a national quality benchmark enterprise, and one of the first batch of national aquatic seed industry enterprises. The company is headquartered in the beautiful “Hometown of Chinese Sea Bass” – Fuding City. On October 24, 2017, it was […]
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 […]