MOSCOW, June 19, 2018 /PR Newswire/ -- The China-Russia Dialogue About Quality event themed "international quality drives us to a better future" was jointly held by Chinese liquor maker Fenjiu Group and the International Exchange Center at the Moscow Representative Office of the China Council for the Promotion of International Trade (CCPIT) in Moscow on May 28.
The China-Russia Dialogue About Quality event themed "international quality drives us to a better future" jointly held by Fenjiu Group and the International Exchange Center at the Moscow Representative Office of CCPIT
A few days prior to departing for Russia, Li Qiuxi, Secretary of the Party Committee and Chairman of Fenjiu Group, said in an exclusive interview with www.dragonnewsru.com, Russia's largest Russian and Chinese bilingual newspaper outlet, that the proximity of Chinese and Russian liquor cultures is one of the reasons the group had a particular interest in the Russian market.
During the dialogue, Mr. Li noted that given that we operate in a world that has become an interconnected global economy characterized by integrated development, it behooves the world's liquor makers in setting up their development roadmaps, to take advantage of the opportunities that are making themselves available as a result of the One Belt, One Road initiative. He also mentioned how he is constantly thinking about the best way to carry out a globalization drive for Chinese baijiu around "policy coordination, harmonization of standards and cultural integration", giving the world an opportunity to appreciate the quality of made-in-China goods and to share the pure quality of Fenjiu, while facilitating global partnerships and innovation in liquor products. He looks forward to the efforts culminating in the joint building of a community where the world's liquor producers recognize their shared destiny and work together for a better future while demonstrating to the world the great value in the passing down from generation to generation of a strict adherence to quality in combination with the cultural resonance that is part and parcel of the liquor industry.
At the cultural exchange event, "Let the World Appreciate the Quality of China", Mr. Li sent a bottle of Xu Bing Art Edition Fenjiu to Russia's deputy minister of culture Oleg Ryzhkov. Ryzhkov said this precious bottle of liquor is not only being given to him, but to the Russian people. He appreciated the hand of friendship the Fenjiu Group has extended to Russia, and expressed the hope that the exchanges and cooperation between China and Russia would become even more fruitful.
Fenjiu Group attends a dialogue about quality in Moscow on behalf of Chinese liquor makers
WENZHOU, China, June 18, 2018 /PRNewswire/ -- Hebron Technology Co., Ltd. ("Hebron" or the "Company") (Nasdaq: HEBT), a developer, manufacturer and installer of valves and pipe fittings for use in the pharmaceutical, biological, food and beverage, and other clean industries , today announced its participation in the ACHEMA Frankfurt 2018 International Exhibition-Congress ("ACHEMA") held at the Frankfurt Convention and Exhibition Center in Germany from June 11-15, 2018.
ACHEMA, held every 3 years, is an internationally renowned conference focused on chemical engineering, process engineering and biotechnology. The 2018 event attracted 3,737 exhibition stands from across the world. The expo promotes exchange and cooperation between manufacturers and users in the chemical, pharmaceutical, and food industries worldwide, and showcases innovative technologies and development in the industry.
Hebron exhibited its comprehensive technical services and competitive product lines at ACHEMA. Hebron participated in the event to open overseas international trade markets, exchange advanced technologies and product services in the pharmaceutical industry, and promote the internationalization of the Hebron brand, products, and technology.
Mr. Anyuan Sun, Chairman and Chief Executive Office of Hebron, commented, "We are pleased with the reception our exhibition received from companies across the world as we developed the foundations for future cooperation. ACHEMA also gave us the chance to reconnect with old clients to lay the groundwork for future growth and collaboration."
About Hebron Technology Co., Ltd.
Established in January 2005 and headquartered in Wenzhou City, Zhejiang Province, China, Hebron Technology Co., Ltd. ("Hebron" or the "Company") engages in research, development, and manufacture of highly specialized valves and pipe fitting products for use in the pharmaceutical, biological, food and beverage, and other clean industries. The Company also offers its customers comprehensive pipeline design, installation, construction, and ongoing maintenance services as holistic solution services. For more information about the Company, please visit www.xibolun.com.
This press release contains information about Hebron's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Hebron encourages you to review other factors that may affect its future results in Hebron's registration statement and in its other filings with the Securities and Exchange Commission.
SINGAPORE, June 18, 2018 /PRNewswire/ -- FrieslandCampina today announces the publication of a milk consumption trends study in SciFed Food and Dairy Technology Journal. This study is the first of its kind to examine the key drivers and barriers of milk consumption among adult Singaporeans.
Led by Dr Kalpana Bhaskaran, Domain Lead for Applied Nutrition & Glycemic Index at Temasek Polytechnic, the study drew on published research and findings from focus group discussions conducted in 2017 among participants aged 18 to 65 years old. These focus groups provided qualitative data on the overarching attitudes, beliefs and barriers regarding milk consumption, as well as actions that can be taken to increase consumption.
Analysis of focus group discussions found that majority of participants did not view milk an essential daily source of nutrition, and their ingrained attitudes, misperceptions and behaviours are noted to prevent regular consumption. Participants cited milk's perceived contribution to weight gain, gastrointestinal side effects and taste as barriers. These disadvantages are, however, unfounded and not scientifically proven. There is also a prevalent ignorance of milk's benefits beyond calcium. Existing literature from Singapore's National Health Survey also found that 50% of adult Singaporeans do not consume any milk.
"It is interesting to note that while there is an increasing demand for milk and dairy in Singapore, the increase in milk consumption is not specific to adults. With a growing ageing population, it is important to educate and inform people of milk's benefits to general health and prevention of diseases such as osteoporosis," said Dr Kalpana Bhaskaran.
Hendro Poedjono, Corporate Affairs Director, FrieslandCampina AMEA, said: "Thehealth and well-being of our consumers are a priority for us at FrieslandCampina. Our collaboration with Dr Kalpana Bhaskaran aims to address the gaps in health and nutrition education. We hope that through collaborative efforts with public and private sectors, we can raise the level of health and nutrition status of Singaporeans of all ages now and in the future."
FrieslandCampina AMEA comprises of operating companies that are active in the consumer products segment in Asia, the Middle East and Africa.
FrieslandCampina has acquired leading positions in many countries across the region with its strong brands and wide range of products. The company provides a range of long shelf life products including milk powder, condensed milk, infant and children's nutrition to dairy drinks, yoghurts and desserts. Some of its leading brands across the AMEA region are Dutch Lady, Foremost, Friso, Frisian Flag, Rainbow and Peak.
As one of the world's largest dairy cooperatives, FrieslandCampina spreads the goodness of dairy by actively contributing to food and nutrition security initiatives across these regions, and is committed to being a responsible business with the goal of creating a sustainable future for the business and communities that it serves.
This is a first-of-its-kind study conducted on the trends of adult milk consumption in Singapore. Led by applied nutrition expert Dr Kalpana Bhaskaran, the study analyses published literature on the topic as well as findings from a series of focus group discussions conducted in 2017. The study notes the low level of milk consumption among adult Singaporeans, and explores the existing attitudes, beliefs and barriers that account for the low uptake. It also uncovers a general ignorance of the benefits of milk beyond calcium.
Commissioned by FrieslandCampina Asia, it is hoped that the findings from the study can affect the action and discussions needed to not only promote the intake of milk, but also to remind Singaporeans of the need for balanced and nutritious diets.
K-Resin® KR03 selected for excellent clarity, good toughness, processability and design flexibility
K-Resin KR03: Compliant with food contact regulations
INEOS Styrolution, the global leader in styrenics, offers a wide range of customized high quality solutions for the packaging industry
INEOS Styrolution, the global leader in styrenics, announces today that its K-Resin® KR03 material has been selected by Tibet Qomolangma for the packaging of its Qomolangma Glacier mineral water bottle cap packaging in Tibet, China. Excellent clarity, good toughness, ease of processability and highsurface gloss are some of the key properties of KR03, an SBC (styrene-butadiene-copolymer) grade.
INEOS Styrolution's K-Resin(R) KR03 used on Qomolangma Glacier mineral water bottle cap packaging (image courtesy of Tibet Qomolangma, 2018)
Tibet Qomolangma Glacier Water Resources Development Co., Ltd., is a mineral water development enterprise in the "12th Five-Year Plan" of the Tibet Autonomous Region, with sole mining rights to exploit drinking water in the Everest region. It prides itself as a green industry enterprise in the Tibetan Plateau and aims to supply high quality glacier water to the world through its Qomolangma Glacier Water. INEOS Styrolution's K-Resin KR03 was selected as the material of choice for Qomolangma Glacier mineral water bottle cap packaging when it was first introduced to the China market.
K-Resin KR03 provides excellent clarity, good toughness and processability, which is an ideal solution for the bottle cap application. These key features not only project the high quality aesthetics of the mineral water but also serve as a protection against dust and product counterfeiting. It is also compliant with Food and Drug Administration (FDA) and European Union (EU) food contact regulations.
"We selected K-Resin KR03 for its clarity and toughness. Also, it is nicely suiting our moulding processes," said Yinguang Lu, General Manager, Material Purchasing Department, Tibet Qomolangma. "We enjoyed a good working relationship with INEOS Styrolution since 2015 and we look forward to extending this partnership with interesting solutions that meet our needs."
"We are extremely pleased that Tibet Qomolangma has chosen INEOS Styrolution for their mineral water bottle cap application and we look forward to our continued partnership," says Sven Riechers, Vice President, Specialties Business Management, Asia Pacific, INEOS Styrolution. "INEOS Styrolution's range of crystal-clear thermoplastic SBC, namely K-Resin, Styrolux® and Styroflex® offer an impressive combination of high transparency, brilliance and impact resistance is suitable for use in applications across various industries including healthcare, packaging and toys."
About INEOS Styrolution
INEOS Styrolution is the leading, global styrenics supplier with a focus on styrene monomer, polystyrene, ABS Standard and styrenic specialties. With world-class production facilities and more than 85 years of experience, INEOS Styrolution helps its customers succeed by offering the best possible solution, designed to give them a competitive edge in their markets. The company provides styrenic applications for many everyday products across a broad range of industries, including Automotive, Electronics, Household, Construction, Healthcare, Packaging and Toys/ Sports/ Leisure. In 2017, sales were at 5.3 billion euros. INEOS Styrolution employs approximately 3,300 people and operates 16 production sites in nine countries.
KUNMING, China, June 15, 2018 /PRNewswire/ -- The Coca-Cola Company and Swire Group jointly celebrated the opening of a new plant in Yunnan today. The facility, which is the largest Coca-Cola production plant south of the Yangtze River in China, is a world-class operation that received a gold certification of Leadership in Energy and Environmental Design (LEED). The investment is another example of the Coca-Cola system's commitment to investing and growing in China.
The inauguration of the new plant included a visit from James Quincey, president and CEO of The Coca-Cola Company; and Merlin Swire, CEO of John Swire & Sons Limited, along with representatives from local government, The Coca-Cola Company and Swire Beverages.
"Yunnan is promoting three provincial propositions: Green Energy, Green Food, and Healthy Living Place," said Wang Qingmei, Deputy Director of the Provincial Merchant Bureau. "This new plant coincides with our 'Green Food' proposition and contributes to the industry development in Yunnan."
James Quincey, President and CEO of The Coca-Cola Company
"Coca-Cola has been part of the tremendous changes in China since the opening of the market in 1979," Quincey said. "We started our business in China with a single brand, and we've gone on to build a portfolio of more than 20 brands in the market today. The new Yunnan plant marks a milestone in celebrating the upcoming 40th anniversary of Coca-Cola's return to China. Together with our bottling partners, we offer a growing portfolio to Chinese consumers, in addition to playing an important role in the communities where we operate."
To meet the needs of the fast-growing market, Swire Coca-Cola Beverages Yunnan Limited decided to build a much larger production facility to replace the previous one. "Swire has significantly increased investment in our global Coca-Cola bottling business in recent years, and this new bottling plant is a good example of that. The increased capacity will help us satisfy millions of consumers and continue to drive sustainable growth throughout Yunnan," said Merlin Swire.
The design and construction of the new Yunnan plant followed LEED standards:
Photovoltaic power generators are located on the roof of the main building. The power generated will be integrated into the State Grid at an estimated annual capacity of 5 million kWh. To reduce summer heat and save energy, the plant uses natural lighting, intelligent lighting systems, two-way heat-protective glass and highly reflective materials that cover 75% of the roof.
The plant includes a 600-cubic-meter rainwater collection facility for irrigation and street cleaning, which helps conserve water. The water treatment system can handle 3,120 cubic meters of water each day to meet national discharge standards. Some treated water is reused for irrigation and restrooms in the plant.
Yunnan Swire Coca-Cola Beverages Company Ltd. is dedicated to adopting "green" concepts in local communities. Together with the China Women's Development Foundation, the Ministry of Commerce's Economic and Technical Exchange Center and the United Nations Development Program (UNDP), Coca-Cola will launch a regional, sustainable development program in Honghe Hani and Yi Autonomous Prefecture. The program will cover water replenishment, natural resource protection and women's empowerment to build a more sustainable, eco-economy on top of green farming and tourism initiatives.
The Yunnan location has been involved in local community development since 1995. Eleven Project Hope Schools were built, and 10,000 women have been empowered by retail and internet skill trainings in the province. Meanwhile, 144 clean water facilities were installed in 128 rural schools, providing more than 37,000 students and teachers with clean drinking water. Nine million bottles of water were sent to 24 disaster impacted areas, and 3,000 college volunteers were trained for handling emergency situations.
About The Coca-Cola Company
The Coca-Cola Company (NYSE: KO) is a total beverage company, offering over 500 brands in more than 200 countries. In addition to the company's Coca-Cola brands, our portfolio includes some of the world's most valuable beverage brands, such as the AdeS soy-based beverages, Ayataka green tea, Dasani waters, Del Valle juices and nectars, Fanta, Georgia coffee, Gold Peak teas and coffees, Honest Tea, Innocent smoothies and juices, Minute Maid juices, Powerade sports drinks, Simply juices, smartwater, Sprite, vitaminwater and ZICO coconut water. We're constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to the market. We're also working to reduce our environmental impact by replenishing water and promoting recycling. With our bottling partners, we employ more than 700,000 people, bringing economic opportunity to local communities worldwide. Learn more at Coca-Cola Journey at www.coca-colacompany.com and follow us on Twitter, Instagram, Facebook and LinkedIn.
About Coca-Cola China
Coca-Cola is one of the most well-known international brands in China. We have more than 20 brands and offer over 60 beverage choices to Chinese consumers. From returning to China in 1979 until 2017, the Coca-Cola system has invested $13 billion and established a total of 45 plants in China. The Coca-Cola system today employs more than 45,000 people in China, 99% of whom are local hires. At the same time, Coca-Cola and its bottling partners have been actively participating in educational and philanthropic initiatives, supporting environmental protection and contributing to the development of local communities. Coca-Cola is also the only company that has sponsored the Special Olympics, Olympic Games, Paralympic Games, EXPO, Universiade and Youth Olympics in China. For more information, please visit www.coca-cola.com.cn or follow our corporate account "Coca-Cola China" on Weibo or WeChat.
About Swire Group
Swire is a highly diversified global group, with principal business activities grouped into five categories: Property, Aviation, Beverages & Food Chain, Marine Services and Trading & Industrial. Many of its core businesses can be found within the Asia Pacific region, where traditionally Swire's operations have centred on Hong Kong and Mainland China. Within Asia, Swire's activities come under the Group's publicly quoted arm, Swire Pacific Limited. For more information, please visit Swire's website at www.swire.com.
About Swire Beverages
Swire Beverages is a division of Swire Pacific Limited. The division has the exclusive right to manufacture, market and distribute products of The Coca-Cola Company in 12 provincial areas on mainland China, Hong Kong, Taiwan and 13 states in the Midwest of the United States, serving over 700 million people. On Mainland China, the company owns 18 factories scattered in Henan, Anhui, Jiangsu, Zhejiang, Fujian, Guangdong, Hubei, Jiangxi, Guangxi, Hainan, Yunnan and Shanghai. The close partnership with The Coca-Cola Company began in 1965, with the acquisition by Swire of the majority shareholding in the Hong Kong bottling company. Since then, Swire Beverages has become one of the largest bottling partners of The Coca-Cola Company.
HONG KONG, June 15, 2018 /PRNewswire/ -- Vitasoy International Holdings Limited (SEHK Code: 00345) today reported a growth acceleration for its annual results ended 31stMarch 2018 ("FY2017/2018"), building on a high momentum of its Mainland China business, solid growth in its other operations and favourable currency appreciation.
Excluding the one-off gain of the divestiture of the North American Mainstream and SAN SUI business in FY2016/2017 (the "North American divestiture"), the company achieved a year-on-year growth of 21% in revenue and 14% in profit attributable to equity shareholders in FY2017/2018.
When including the impact of the North American divestiture, Vitasoy registered a 20% growth in revenue to HK$6,465 million while profit attributable to equity shareholders dropped by 5% to HK$586 million in FY2017/2018.
Gross profit increased by 19% to HK$3,420 million, attributed by higher sales volume. Despite the rising commodity prices, Vitasoy managed to maintain gross margin level at 53% through improved manufacturing efficiency resulting from increased sales volume.
The Board of Directors recommends a final dividend of HK31.4 cents per ordinary share. (FY2016/2017: final dividend of HK27.1 cents per ordinary share and a special dividend of HK4.2 cents per ordinary share). Together with the interim dividend of HK3.8 cents per ordinary share (FY2016/2017: an interim dividend of HK3.8 cents per ordinary share), the total dividend for FY2017/2018 will be HK35.2 cents per ordinary share (FY2016/2017 total dividend: HK35.1 cents per ordinary share).
Mr. Winston Yau-lai Lo, Executive Chairman of Vitasoy, said at the press conference today, "The performance was ahead of our goal to deliver 'Sustainable Growth' amidst increasingly competitive market conditions. Driven by the 'Go Deep Go Wide' strategy, Mainland China continued to be a growth engine while other key markets including Hong Kong, Australia and New Zealand and Singapore operations registered solid performance reaffirming our market leadership. We are also pleased to see an encouraging market response to Vitasoy products in the Philippines after the first few months of operation through our joint venture there."
Vitasoy China delivered a strong performance with a 39% increase in revenue and 71% improvement in profit from operation, with robust growth in all geographical regions and acceleration of e-commerce sales.
In Hong Kong, Vitasoy maintained its dominant market share in the plant-based category during the year. Net of North American divestiture, revenue from Hong Kong operation was flat on local basis.
To support future sustainable growth, Vitasoy has planned to build a new plant in Changping Town of Dongguan City, Guangdong Province in Mainland China and to commence a 2-year investment programme to upgrade production capability and efficiency in Hong Kong.
During the year, Vitasoy's Australia and New Zealand business delivered a 6% revenue growth resulted from integrated marketing campaign and new product offerings. Vitasoy Singapore recorded an increase of 3% in revenue and maintained its market leadership in tofu market despite keen competition.
Regarding the market outlook, Mr. Lo said, "We expect a more moderate yet solid growth in the coming year while cycling the accelerated growth performance of FY2017/2018. As the markets become more crowded and competitive, we will stay committed to focusing on sustainable growth and continuous strengthening of our brand equities and organisational capabilities to continue supporting the scaling up of our business under our 'Sustainable Growth' strategy."
Vitasoy International Holdings Limited is a leading manufacturer and distributor of plant-based food and beverages. Established in 1940 by Dr. Kwee-seong Lo in Hong Kong, the company strives to promote sustainable nutrition through provision of a variety of high-quality products with Nutrition, Taste and Sustainability as the guidelines for its portfolio offerings. Vitasoy integrates social responsibility into its business and contributes to the communities that the company serves. Currently, Vitasoy has manufacturing operations in Hong Kong, Mainland China, Australia and Singapore. Its products are available in about 40 markets worldwide. Vitasoy is listed on the main board of the Hong Kong Stock Exchange (00345.HK).
Revenue (excluding impact of the North American divestiture)
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EBITDA (Earnings Before Interest Income, Finance Costs, Income Tax, Depreciation, Amortisation and Share of Losses of Joint Venture)
EBITDA (excluding impact of the North American divestiture)
Profit before taxation
Profit Attributable to Equity Shareholders of the Company
Profit Attributable to Equity Shareholders of the Company (excluding impact of the North American divestiture)
Basic Earnings per Share (HK cents)
Basic Earnings per Share (HK cents) (excluding impact of the North American divestiture)
Final dividend per share (HK cents)
Mainland China -- 'Go Deep Go Wide' strategy delivers accelerated growth in sales and profit
Vitasoy China achieved particularly strong growth during the year under our effective execution of the 'Go Deep Go Wide' strategy, complemented by strong brand equity impact and e-commerce growth. Vitasoy China recorded 39% increase in revenue to HK$3,700 million and 71% growth in profit from operation to HK$542 million.
The main drivers of growth were favourable margins, expansion of sales volume and continuous improvement in efficiency. Both VITASOY and VITA brands performed strongly.
It is expected that Vitasoy China will continue to gradually increase its growth contribution to the company. To support its future expansion, Vitasoy has announced the development of a new production facility in Changping Town of Guangdong Province in 2017. This programme is progressing smoothly, and production is expected to commence by April 2021.
Considering the increasing fragmentation and competition in the soymilk and plant-based beverage market, Vitasoy China will focus on building brand equity, improving execution, strengthening organization and securing appropriate investments to support our expansion.
Hong Kong, Macau and Exports -- Stable business, investing for future development
Riding on the strong performance of core and innovative products, Vitasoy maintained its dominant market share in the plant-based category in Hong Kong market in FY2017/2018. Revenue increased by 2% to HK$2,159 million, net of North American divestiture. Profit from operation decreased by 8% mainly due to provision made as part of the company's 2-year investment programme to upgrade production and logistics infrastructure.
During the year, Vitasoy Hong Kong continued to expand its portfolio by introducing new plant milk offerings such as Almond Milk, Coconut Milk and upgraded Soy Milk with Plant Sterol under VITASOY CALCI-PLUS brand, to accommodate increasing market demand towards premium and healthy products.
Amidst severe impact by Typhoon Hato in August 2017, the Macau business turned around and delivered strong results. The export business also performed well due to expansion in outlet coverage and attractive in-store executions.
Looking forward, Vitasoy Hong Kong will concentrate on increasing its very high per capita consumption and market leadership across segments. It will also keep improving production capability and efficiency through a 2-year investment programme.
Australia and New Zealand -- Solid improvement in performance and brand equity
Vitasoy's Australia and New Zealand business achieved 6% of growth in revenue to HK$502 million, mainly driven by more sales recorded in supermarkets.
During the year, Vitasoy Australia commenced a new master brand communication campaign with refreshed and unified packaging across the entire product portfolio. The initiative has been well received by consumers. It further solidified Vitasoy's leadership position in plant milk in the local market.
Complementing the hugely successful Soy Milky range, Vitasoy Australia launched the new Almond Milky and Coconut Milky product ranges in the year.
Facing intensified competition and price deflation in the plant milk category, Vitasoy Australia will leverage its brand equity and portfolio innovation to drive scale without compromising in sustaining the revenue.
Singapore -- Continued market leadership in tofu and increasing beverage market share
Vitasoy Singapore recorded a 3% increase in revenue to HK$104 million in FY2017/2018. It maintained its market leadership in tofu business despite changing consumer preference and competition from imported tofu. In order to scale up the business, the operation increased investment in advertising and promotion, infrastructure and people, impacting profit from operation, resulting a decrease of 36%.
During the year, Vitasoy Singapore continued its product innovation which is essential for it to maintain leadership position and drive business growth. The operation added VITASOY Chawanmushi, UNICURD Beancurd 500g and UNICURD food service Egg Tofu to the tofu product range and launched VITA Low Sugar Green Tea and VITA Low Sugar Jasmine Tea to the tea market.
In the year ahead, the local team will focus on maintaining its market leadership in tofu by enhancing the premium VITASOY brand and relevant innovation, and evolving the model for the beverage business.
The Philippines -- High awareness received in local market
The new joint-venture business in the Philippines has built high awareness in the local market by the success of a series of communication programmes and product trials. The soy market is ripe for growth in the Philippines. Looking ahead, Vitasoy will continue to build awareness to progressively scale up the local operation and provide meaningful contribution to Vitasoy's revenue.
Beijing Municipal Commission of Tourism Development -- 2018 Global Marketing Campaign
BEIJING, June 15, 2018 /PRNewswire/ -- June 8, 2018,Beijing Municipal Commission of Tourism Development, the organizer of the 2018 global marketing campaign "Great Wall Hero", held a Promotion Event at Ming City Wall Ruins Park. Guests included the Deputy Mayor of Beijing, municipal government leaders, strategic partners from Air China and Beijing Capital International Airport, representatives of Beijing Municipal Administration of Cultural Heritage, and travel agencies and the press.
The Deputy Mayor of Beijing issued the certification to the Great Wall Heroes
Mr. Yu SONG, Director-General of Beijing Municipal Commission of Tourism Development, delivered the opening speech and reminisced about the highlights of overseas marketing in recent years. He added that this campaign was to promote the city planning of Beijing and inbound tourism in response to the national development strategy "Belt and Road Initiative". It served as a public showcase of the Beijing cultural conduits of the Great Wall, the Grand Canal, the Western Hills and Yongding River, and the cultural heritage and travel resources along the Central Axis.
To encourage cultural and tourism exchange in the EU-China Tourism Year as well as the Canada-China Year of Tourism 2018, Sam Kolder, a top-level travel influencer from Canada, and Stuart Wiggin, a Beijing-based British comedian, were chosen as the Great Wall Heroes to explore Beijing. Their travel experiences in places like Mutianyu Great Wall, Shichahai of the Grand Canal and the Central Axis were reported and shared in real time on social media platforms including Facebook, Twitter and Instagram. This is only the beginning of the exploration for cultural values in the "Three Belts, One Axis" of Beijing. William Lindesay, the first foreigner to traverse the Great Wall on foot, and his family were also invited to the event. Lindesay and his son Tommy gave a presentation on the culture and conservation of the Great Wall.
At the end, Mr. Ning WANG, Deputy Mayor of Beijing, awarded Lindesay's family and the Great Wall Heroes certificates of honor for their achievements. Besides, Mr. Peiyan YIN, Deputy Secretary of Beijing, drew 6 lucky winners out of over 1600 applicants for a free Beijing tour.
The strategic sponsorship from Air China and Beijing Capital International Airport Co., Ltd. was a great support to the campaign. Leaders of both sponsors attended the event and introduced this strategic collaboration, inbound international flights, Beijing 144-hour visa-free transit policy, etc.
SHANGHAI, June 15, 2018 /PRNewswire/ -- Today UBM Sinoexpo, a subsidiary of UBM plc, announced the acquisition of 70% economic interest in the Shanghai International Franchise Exhibition ("SFE") organised by Shanghai Exhibition-Conference Ltd (SEC).
Shanghai Exhibition Franchise Exhibition “SFE” 13-15 November 2018
Organised twice a year since 2005, SFE is one of the largest franchising events in China hosting 221 exhibitors with over 450 brands and 50,261 visitors in the spring 2018 edition. SFE's exhibitors are mainly in the food, beverage and retail sectors which is reflective of the trends in the Chinese franchise market today. Every year investors, potential franchisees, distributors, agents, dealers, and social organisations gravitate to the two events in search of new, foreign, and commercially attractive franchise brands for the domestic market.
According to the China Chain Store & Franchise Association (CCFA), China's top franchises generates total sales of RMB 428 billion from 124,068 stores across the country. Currently, China has over 4,500 franchises and chain store companies creating more than 5 million jobs nationwide. Foreign franchise brands are becoming increasingly interested in 2nd and 3rd tier Chinese cities given favourable labour costs, reasonably priced real estate facilities, and untapped consumer spending. It is expected that under UBM's partnership, SFE will continue to grow in strength and quality and be the exhibition of choice in this sector.
"Our combination with SFE comes at an opportune time given our complimentary resources and shows in China," said Jime Essink, President and CEO of UBM Asia. "The Spring edition of SFE has already successfully co-located with our Hotel Plus event at SNIEC for two editions and we plan to co-locate SFE's autumn edition with Food & Hotel China this November. The synergies and crossovers between professionals in the food, beverage, and retail sectors of these collocated events creates a complete and compelling industry value chain opportunity for visitors and exhibitors."
"It is a great pleasure to have such a comprehensive cooperation with UBM Sinoexpo," said Yu Xiang, General Manager of Shanghai Exhibition Conference Ltd. "By providing high-value services and business for the industry for so many years, SFE has grown to be one of the most influential events in this field today. With the demonstrated results in the last two editions by working with UBM Sinoexpo, I am confident SFE will further develop in the quality of our event, through the upstream and downstream markets, and vertical sectors."
The next edition of SFE will take place 13-15 November at the Shanghai New International Expo Centre (SNIEC) and the 2019 spring edition of SFE will take place 26-28 April also at SNIEC.
UBM plc is the largest pure-play B2B Events organiser in the world. In an increasingly digital world, the value of connecting on a meaningful, human level has never been more important. At UBM, our deep knowledge and passion for the industry sectors we serve allow us to create valuable experiences where people can succeed. At our events people build relationships, close deals and grow their businesses. Our 3,750+ people, based in more than 20 countries, serve more than 50 different sectors – from fashion to pharmaceutical ingredients. These global networks, skilled, passionate people and market-leading events provide exciting opportunities for business people to achieve their ambitions.
For more information, go to www.ubm.com; for UBM corporate news, follow us on Twitter at @UBM, UBM Plc LinkedIn
Shanghai Exhibition Franchise Exhibition “SFE” 13-15 November 2018
Bringing data driven insights to help international brands reach China's travellers
HONG KONG, June 14, 2018 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick Interactive" or the "Company") (NASDAQ: ICLK), a leading independent online marketing technology platform in China, today announced a strategic partnership with Ctrip.Com International Ltd (NASDAQ: CTRP), the top Online Travel Agency (OTA) player in China, to provide an enriched solution for international brands aiming to reach the rising number of outbound travellers from China.
The partnership will combine Ctrip's loyal 300 million user membership base across web, mobile and app with iClick's strong and accurate data analysis and marketing capabilities to create data-driven personalised marketing solutions that will reach outbound Chinese travellers. Through the partnership, iClick will be able to reach more tourist groups by leveraging the largest Chinese consumer database in the travel industry, enabling the creation of more detailed user profiles that will benefit both parties and bring value to travellers and businesses alike.
Outbound Chinese travellers are becoming an increasingly large target market due to the volume and relative affluence. In 2017, there were around 130 million outbound Chinese travellers1, and they were the top source of visitors to countries such as Thailand, Japan, Vietnam, Russia and South Africa. Chinese travellers also tend to have high average spending increasing their attractiveness.
Sammy Hsieh, CEO and Co-founder of iClick said: "As opportunities due to the increasing numbers of outbound travellers from China continue to rise, we are seeing a growing demand from travel and hospitality brands to use data in a more holistic marketing system to meet their needs. In order to provide this advanced solution for the industry we are excited to work with Ctrip, one of Asia's largest online travel agencies. Ctrip has a wide range of customers and supports 13 languages on their platforms, which is a perfect complement for our customised solutions. International travel brands will now have a more effective way of reaching high-value outbound travellers in China."
Samson Chai, Overseas Marketing Director of Ctrip said: "As one of the world's largest online travel companies, we are always looking to find innovative new ways to improve our traveller services. iClick has a profound understanding of demand from international travel brands and a wealth of data insights and audience data in China. Our collaboration with iClick will allow us to leverage these advantages to bring value to both our customers and international travel brands who partner with us to run marketing programmes."
1Source: "2017 China Outbound Travel Big Data Report" by China Tourism Academy and Ctrip
About iClick Interactive Asia Limited
iClick Interactive Asia Limited (www.i-Click.com) is a leading omni-channel marketing technology company connecting worldwide marketers with audiences in China. Its proprietary marketing technology platform is the first of its kind in China that truly possesses omni-channel marketing competence. The core of the platform is supported by extensive data and advanced technology capabilities, which help both international and domestic marketers reach their target audiences in China through data-driven targeted marketing. Headquartered in Hong Kong, iClick Interactive was established in 2009. The company now has around 550 employees, spreading across eight locations in Asia as well as London.
About Ctrip.com International, Ltd.
Ctrip.com International, Ltd. is a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China. It is the largest online consolidator of accommodations and transportation tickets in China in terms of transaction volume. Ctrip enables business and leisure travelers to make informed and cost-effective bookings by aggregating comprehensive travel related information and offering its services through an advanced transaction and service platform consisting of its mobile apps, Internet websites and centralised, toll-free, 24-hour customer service center. Ctrip also helps customers book vacation packages and guided tours. In addition, through its corporate travel management services, Ctrip helps corporate clients effectively manage their travel requirements. Since its inception in 1999, Ctrip has experienced substantial growth and become one of the best-known travel brands in China.
BEIJING, June 14, 2018 /PRNewswire/ -- Hainan Airlines' flight HU749, which departed from Beijing, smoothly landed at Edinburgh Airport at 6:00 am on June 12, 2018. After a brief stop, it took off again and landed at Dublin Airport at 9:10 am local time on June 12. This was the first arrival of direct flight from mainland China at both Edinburgh and Dublin airports. The flight also marked the success of the maiden voyage of the carrier's route from Beijing to Edinburgh and Dublin, the first nonstop service between mainland China,Scotland and Ireland.
The launch includes two new routes: Beijing-Edinburgh-Dublin-Beijing and Beijing-Dublin-Edinburgh-Beijing services, providing passengers travelling among China, Britain and Ireland with more convenient travel options.
Beijing Capital International Airport has established sister airport relationships with both Edinburgh and Dublin airports. The launch of the new routes was highly valued by all parties involved. On the same day the inaugural flight completed, Hainan Airlines held 3 ceremonIES in celebration of the maiden voyage in the three cities. Guests in attendance included Scottish Minister for Business, Innovation and Energy Paul Wheelhouse, Irish Ambassador to China Eoin O'Leary, Chinese Consul General in Edinburgh Pan Xinchun, Commercial Counsellor at the Chinese Embassy in Ireland Xue He, Hainan Airlines chairman Bao Qifa and vice president Wang Yufei.
Hainan Airlines has also rolled out extensive combined transport offerings of the new routes with its overseas airline partners with the aim of meeting the diversified needs of passengers. Travelers will benefit from convenient transfer, combined transport services and be provided with more destination options. In addition, to offer passengers a better travel experience, Hainan Airlines will launch products including multiple round-trip ticket packages as well as pick-up and delivery shuttle services for business-class passengers.