Internationally Acclaimed Benns Chocolate Launches Single-Origin Chocolate Evoking Malaysian Flavours

KUALA LUMPUR, Jun 8, 2023 – (ACN Newswire) – Benns Chocolate Factory Sdn Bhd, a premium Malaysian artisanal chocolatier, is pleased to launch a new line of single-source chocolates evoking and celebrating Malaysian cacao and flavours that also promotes sustainability and ethical farming.

Datuk Matbali Musah, Chairman of Malaysian Cocoa Board;
YB. Datuk Hajah Siti Aminah binti Aching, Deputy Minister of Plantation and Commodities Malaysia;
YBrs. Mr Wilfred Ng, Managing Director of Benns Chocolate Factory Sdn. Bhd. [L-R]

Mike Penafort, Director of Benns; YBrs. Dr. Ramle Hj Kasin, Director General of Malaysian Cocoa Board;
Datuk Matbali Musah, Chairman of Malaysian Cocoa Board; YB. Datuk Hajah Siti Aminah binti Aching,
Deputy Minister of Plantation and Commodities Malaysia; YBrs. Mr Wilfred Ng, Managing Director of
Benns Chocolate Factory Sdn. Bhd.; Mr Ng Tuck Ming, Chairman of Benns; Mr. Cheah Chee Fong,
Setiausaha Bahagian Industry Coco & Lada (KPK) Kementerian Peladangan Komoditi [L-R]

Unveiled at Benns Chocolate Factory, Asia's first open-concept chocolate factory and cafe, Benns is the artisanal chocolatier's second generation of chocolate products that is vegan, sourced from single-estate Malaysian farms and wholly crafted in-house with a focus on healthy eating, superior taste and texture.

A premium chocolate with a competitive pricing accessible to all chocolate lovers, Benns celebrates the originality of Malaysian cacao as all beans are sourced domestically and brings forth the characteristic flavours of the Malaysian terroir.

Present at the launch was YB Datuk Hajah Siti Aminah binti Aching, the Deputy Minister of Plantation and Commodities Malaysia and YBrs. Datuk Ramle Kasin, the Director General of the Malaysian Cocoa Board. The MCB is collaborating with Benns Chocolate to support local cacao farmers while encouraging and assisting them in elevating the quality of domestic cacao beans.

Wilfred Ng, Managing Director of Benns Chocolate said, "The launch of today's Benns Malaysia Single-Origin Chocolate is an earnest celebration, a heartfelt homage to the exceptional originality of our local cacao, and an exquisite exploration of its distinctive flavours."

He added, "Benns Chocolate stands shoulder to shoulder with the Malaysian Cocoa Board in a harmonious symphony of collaboration, fortifying the foundations of our noble cacao industry. Together, we are architects of an unbroken chain, one that supports cacao farmers and crafts a sustainable future for the industry."

Benns practises direct engagement with cacao farmers to ensure that they receive fair remuneration for their tireless efforts. The Company also seek to elevate the lives of those who dedicate themselves to cultivating impeccable cacao beans, sharing their tales of perseverance, and inspiring a revolution in the way consumer savour and cherish chocolate.

About bean-to-bar chocolate

Bean-to-Bar chocolate, or more popularly known as craft chocolate, is currently one of the leading food trends worldwide which is witnessing a renewed popularity of organic and healthier alternatives food including chocolate. Similar to speciality coffee, these artisanal chocolates can be crafted from unique tasting and high-quality cocoa beans grown in tropical weather in Latin American, Africa and Asia. Widely regarded as the highest standard in chocolate industry, single origin bean-to-bar chocolate involves chocolate making process using cacao beans sourced from a designated estate. It also requires several crucial steps and careful treatment in its production process, beginning from cacao cultivation and farm management techniques right up to production to get the best flavour from the finished product.

At Benns, each chocolate product is made using cacao beans from single farm estates. The fruity, nutty and floral flavour notes of the chocolate are unique to their origin and each share their own story. This is known as Terroir or "Flavour of the land", a concept ubiquitous in the wine world.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Nissin Foods’ MSCI ESG rating upgraded to A

HONG KONG, Jun 5, 2023 – (ACN Newswire) – Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) has received an 'A' rating in the latest MSCI Environmental, Social and Governance (ESG) Ratings, an upgrade from 'BBB', recognizing its remarkable ESG performance.

The MSCI index is highly popular among global portfolio managers, and its ESG rating has emerged as a critical factor in the investment decisions of major institutions worldwide. The ESG rating assesses a company's risk exposure and risk management strategies related to environmental, social, and governance issues, primarily using publicly available information and company disclosures. It offers a comprehensive evaluation of a company's ESG performance and its impact on key operations.

According to MSCI, Nissin Foods excelled in the following areas: Packaging Material & Waste, Raw Material Sourcing and Governance, indicating the Group affords higher recovery than most of its peers in packaging material & waste, limited revenue from business lines reliant on raw materials with high environmental impact, strong sustainable sourcing initiatives relative to peers and strong initiatives to reduce carbon intensity of products across its value chain. Moreover, MSCI highlighted the Group's outstanding Corporate Governance and Corporate Behaviour improvements, acknowledging its detailed business ethics and anti-corruption policies.

Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said "We are pleased to see our continued effort in ESG development has been recognized by the industry. At Nissin Foods, we will continue to build on our strength to ensure the stable supply of food and contribute to building a healthier, greener way of living. Looking forward, we will remain steadfast in our efforts to enhance ESG performance and create sustainable value for our shareholders."

About Nissin Foods Company Limited
Nissin Foods Company Limited (the "Group"; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China with a diversified portfolio of well-known and highly popular brands and the largest instant noodle company in Hong Kong. The Group officially established its presence in Hong Kong in 1984. The Group primarily manufactures and sells instant noodles, frozen foods and other food products under its two core corporate brands, namely "NISSIN" and "DOLL" together with a diversified portfolio of iconic household premium food brands. The Group's five flagship product brands, namely "Cup Noodles", "Demae Iccho", "Doll Instant Noodle", "Doll Dim Sum" and "Fuku" are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the "ECO Cup" concept and primarily focuses its sales efforts in first-and second-tier cities.

Nissin Foods is a constituent of eight Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Consumer Goods & Services Index, Hang Seng Stock Connect Hong Kong Index, Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index, Hang Seng Stock Connect Hong Kong SmallCap Index, Hang Seng SCHK Mainland China Companies Index, Hang Seng SCHK ex-AH Companies Index, and Hang Seng Small Cap (Investable) Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit www.nissingroup.com.hk.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Moolec Science Presents Third Quarter FY 2023 Business Update

Luxembourg, May 31, 2023 – (ACN Newswire) – Moolec Science SA (NASDAQ: MLEC) a science-based food ingredient company focused on producing animal proteins in plants through Molecular Farming, today reported its business update for the third quarter of Fiscal Year 2023 ended March 31, 2023.

The main highlights of the Company's business update are as follows:

– On January 3, the Company started trading on Nasdaq under tickers "MLEC" for the common shares, and "MLECW" for the Company's warrants.

– Progress in the company's R&D and Regulatory front is on track:
— Meat replacement (YEEA) scaled-up in R&D stages and new meat proteins were successfully expressed.
— Meat replacement product pipeline made significant scientific progress to produce animal proteins in plant hosts.
— Regulatory clearance from USDA-APHIS for Molecular GLA safflower plants was achieved.
— Molecular Safflower seed multiplication progress is on track based on the company's internal schedule. Expression levels in GLA were approximately 60%, 10% above expectations.

– Integration of downstream and upstream capabilities:
— Moolec acquired plant-based ingredient capabilities to consolidate Molecular Farming Technology.
— The company has recently signed a Memorandum of Understanding (MOU) with Bioceres Crop Solutions (NASDAQ: BIOX) for up to 20.000 tons of Sustainable HB4(R) soybean as working capital, payable with common shares or cash in 3 years.

"We are very pleased to update the market for the first time as a public company, as the pioneer Molecular Farming Food-Biotech company in public markets. I want to thank our entire team for their unwavering commitment in building a category creator in the food industry. We look forward to continuing our journey in building a more resilient and sustainable food system for the good of the planet," stated Gaston Paladini, Chief Executive Officer, Chairman, and Co-Founder of Moolec Science. "We have been able to deliver very important scientific, operational, and regulatory milestones, as well as business and financial progress, in a very short period of time. Proud of Moolec?s Team, the Moolers!" also added.

"Having completed our business combination on December 30, 2022, and commenced the trading on Nasdaq, as of January 3, 2023, we are confident that access to the public markets will provide Moolec the flexibility and exposure to continue growing the Company. We also commend our team's progress and momentum in research and development. Our continued efforts have positioned Moolec at the forefront of plant-based animal protein development. We are pleased with our progress thus far as we continue to deliver results in multiple areas simultaneously," added Jos? Lopez Lecube, Chief Financial Officer and Director of Moolec Science.

For a full version of Moolec Third Quarter Fiscal Year 2023 Business Update, click here. http://ir.moolecscience.com/wp-content/uploads/2023/05/Moolec-Science-3rd-Quarter-FY-2023-Business-Update-May-30-2023.pdf

Moolec's Management will host a Conference Call and question-and-answer session, which will be accompanied by a presentation available during the webinar.

To access the call, please use the following information:
– Date: Wednesday, May 31, 2023
– Time: 8:00 a.m. ET
– Registration link: https://zoom.us/webinar/register/WN_-247lVcTSjG8O-cdXAt4FQ#/registration

Please connect 5-10 minutes prior to the start time to register and join. A replay and the PDF version of the presentation will be available approximately two hours after the conclusion of the live event via the company's Investor Relations website. https://ir.moolecscience.com/

About Moolec Science SA

Moolec Science is a science-based food ingredient company focused on producing animal proteins in plants through Molecular Farming, a disruptive technology in the alternative protein landscape. Its purpose is to upgrade the taste, nutrition, and affordability of alternative protein products while building a more sustainable and equitable food system. The company's technological approach aims to have the cost structure of plant-based solutions with the organoleptic properties and functionality of animal-based ones. Moolec Science's technology has been under development for more than a decade and is known for pioneering the production of a bovine protein in a crop for the food industry. The company's product portfolio and pipeline leverages the agronomic efficiency of broadly used target crops, like soybeans and peas and Moolec Science has a growing international patent portfolio (23, both granted and pending) for its Molecular Farming technology. The company is run by a diverse team of Ph.Ds and Food Insiders, and operates in the United States, Europe, and South America. For more information, visit www.moolecscience.com.

Forward-Looking Statements

This press release contains "forward-looking statements." Forward-looking statements may be identified by the use of words such as "forecast," "intend," "seek," "target," "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements with respect to performance, prospects, revenues, and other aspects of the business of Moolec Science S.A. ("Moolec") are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Although we believe that we have a reasonable basis for each forward-looking statement contained in this press release, we caution you that these statements are based on a combination of facts and factors, about which we cannot be certain. We cannot assure you that the forward-looking statements in this press release will prove accurate. These forward-looking statements are subject to a number of significant risks and uncertainties that could cause actual results to differ materially from expected results, including, among others, changes in applicable laws or regulations, the possibility that Moolec may be adversely affected by economic, business and/or other competitive factors, costs related to the scaling up of Moolec's business and other risks and uncertainties, including those included under the header "Risk Factors" in the Form F-1 Registration Statement filed with the U.S. Securities and Exchange Commission ("SEC"), as well as Moolec's other filings with the SEC. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Accordingly, you should not put undue reliance on these statements.

Contact Information
Catalina Jones
Chief of Staff & Sustainability
comms@moolecscience.com

Mart?n Taraciuk
Investor Relations
ir@moolecscience.com

Michael Bowen
ICR, LLC
moolecir@icrinc.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

THAIFEX – Anuga Asia 2023 Smashes Records with unprecedented Scale and Global Participation

Record-breaking convergence of over 78,000 unique trade visitors and more than 3,000 exhibitors at IMPACT Muang Thong Thani, Bangkok, Thailand, solidified its position as the largest food and beverage trade show in Southeast Asia. Plans for THAIFEX – Anuga Asia 2024 and THAIFEX – HOREC Asia 2024 were also announced.

BANGKOK, Thailand, May 30, 2023 – (ACN Newswire) – THAIFEX – Anuga Asia 2023, the largest food and beverage trade show in Southeast Asia, concluded with a resounding success, surpassing expectations with its impressive scale and remarkable international participation. The event has solidified its position as one of the most influential international food and beverage trade fairs. Held from May 23 to May 27, it featured a display of 3,034 exhibitors from 45 countries, encompassing a vast 130,000 square meters of exhibition space. This marked a notable growth compared to the pre-pandemic show in 2019, which saw the participation of 2,745 exhibitors.

Countries that demonstrated a strong presence at the event once again included China, Brazil, Italy, Japan, Malaysia, Norway, Poland, South Korea, Turkey, the United States and Vietnam, among others.

Adding to the international diversity, new country groups made their mark at the event, including Australia, organised by the Department of Primary Industries & Regional Development (DPIRD), the French Pavilion, Hungary, organised by the Hungarian Export Promotion Agency (HEPA), Sri Lanka, organised by Sri Lanka Export Development Board and the United Kingdom, organised by the UK Department of Business and Trade.

The 2023 edition also reported a significant increase in attendance, attracting over 78,764 visitors from 133 countries, a 17% increase compared to pre-pandemic levels in 2019.

Highlighting the importance of face-to-face business networking, THAIFEX – Anuga Asia 2023 featured a highly anticipated buyer programme that facilitated business meetings between 1,900+ top-quality international buyers and exhibitors, fostering valuable connections and partnerships.

The Future Food Experience+ segment at THAIFEX – Anuga Asia showcased next-generation food and beverage innovation, featuring 33 speakers from around the world. With a remarkable turnout, the sessions provided valuable insights, trends, and breakthroughs that will shape the industry’s future. A total of 1,794 attendees registered for 23 sessions, with the most subscribed sessions being: 1. Future of Functional Food, 2. Future Food Trend 2023-2025, and 3. Re-Imaging Future Protein. It served as a dynamic platform for industry leaders to connect, exchange ideas, and explore the limitless potential of the evolving food and beverage landscape.

Exploring World Coffee also witnessed a coffee spectacular as the Thai Coffee Association (TCA) proudly welcomed esteemed Ambassadors from Brazil, Guatemala, and Kenya, who presented their nations’ coffee markets, farming techniques, and distinctive varieties. 400 attendees were treated to a sensory experience as they sampled over 40 coffee-cupping samples from diverse origins.

Khun Phusit Ratanakul Sereroengrit, Director-General of the Department of International Trade Promotion (DITP), Thailand, announced that “DITP has organised the well-received THAIFEX – Anuga Asia 2023 alongside two valuable partnerships – Thailand Chamber of Commerce (TCC) and Koelnmesse – both of which have played pivotal roles in the success of this year’s event. The 3 organisers have built a platform to foster industry evolution and attract local and international exhibitors while sharpening Thailand’s position as a prominent player in the global F&B landscape through THAIFEX – Anuga Asia 2023. Thailand will continue to establish itself as a hub for the F&B industry, driving innovation, and contributing to the global food ecosystem.”

Khun Sanan Angubolkul, Chairman of the Thai Chamber of Commerce (TCC), said, “THAIFEX – Anuga Asia has been a resounding success, surpassing our targets visitor numbers and turnover. The show provided a valuable platform for Thai SMEs entrepreneurs and startups to introduce and launch their products and services to the international market, resulting in immediate orders and promising leads. Our entrepreneurs highlighted opportunities for product development and market testing, to meet changing customer needs. Foreign buyers were also impressed by the local exhibitors’ showcase of modern food trends, including organic, plant-based and sustainability. Beyond F&B, the event also boosts tourism revenue as high-spending visitors plan to explore various destinations in Thailand.”

Mathias Kuepper, Managing Director, and VP Asia-Pacific of Koelnmesse, said, “As one of the organisers of Asia Pacific’s leading food and beverage trade show, I am immensely proud of the unprecedented success achieved at THAIFEX – Anuga Asia 2023. The record-setting event has witnessed an 89% increase in exhibitors and a 50% surge in trade visitors compared to 2022. This achievement has firmly established our position as industry leaders and provided an exceptional platform for global food and beverage stakeholders. More than ever, F&B trade businesses are looking for a concentrated platform to engage in business negotiations and achieve their year’s target within a few short days.

As we work towards the highly anticipated launch of THAIFEX – HOREC Asia trade show from 6-8 March next year and our 20th edition of THAIFEX – Anuga Asia 2024, we reaffirm our commitment to industry leadership, innovation, and fostering invaluable connections.”

New and returning exhibitors find unmatched opportunities at THAIFEX – Anuga Asia 2023

Dr. Sándor Sipos – Ambassador of Hungary, shared his feedback as a first-time participant. “Joining THAIFEX – Anuga Asia as an exhibitor is a privilege for us, especially as we celebrate the 50th anniversary of diplomatic relations between Thailand and Hungary this year. The exhibition provided us with a prestigious platform to promote Hungarian products and build valuable relationships. We were delighted with the positive response from visitors and industry players, who showed great interest in our unique offerings, such as the exquisite mangalitsa pork and traditional Hungarian ingredients like paprika and Tokaji dessert wine. The warm hospitality and friendly atmosphere of Thailand made our experience even more exceptional. As we continue our journey in the Asian market, we look forward to returning to THAIFEX – Anuga Asia next year to further strengthen our connections and showcase the best of Hungary’s culinary heritage.”

Mr. Thierry Mathou, French Ambassador to Thailand, participating for the first time, said, “We are very happy with the success achieved by French exhibitors at THAIFEX – Anuga Asia 2023. The event has provided an excellent platform for our brands to showcase their expertise, innovation, and culinary excellence. The exposure and opportunities generated through THAIFEX – Anuga Asia have been instrumental in promoting our food and beverage industry, opening doors for collaboration, and expanding market reach. It is particularly gratifying to witness the recognition garnered by French innovations, such as the ground-breaking BRAINFINGER, a Touchscreen Table (Table Tactile) by a French Start-up, as part of the Franco-Thai Year of Innovation 2023 offering innovative solutions for various sectors such as F&B, Hotels, and retail.”

“We extend our congratulations to all the participating French brands and look forward to continued growth and partnership within the dynamic food and beverage landscape of Thailand and beyond. Business France, the trade Department of the French Embassy is eager to co-operate with the organisers of THAIFEX-Anuga Asia and of the French Pavilion to ensure that the French participation is even more successful next year.”

New exhibitor from China Yichang Yilinghong Ecological Agricultural Development reported a remarkable debut at THAIFEX – Anuga Asia. Chairman Wang Enzhen, said “This is our first-ever participation in THAIFEX – Anuga Asia and we are grateful for the opportunity to be a part of it. It has been a tremendous success for us, culminating in a significant deal worth 600 million yuan. Throughout the event, we gained valuable insights into the preferences of Thai consumers, particularly their strong demand for oranges from Hubei province and their growing interest in organic fruit juice. These observations will guide our future strategies to better serve the market.”

“Looking ahead, we are excited to return to THAIFEX – Anuga Asia next year with a goal to expand our presence and achieve a remarkable 1 trillion-yuan deal. We are dedicated to forging mutually beneficial partnerships, pursuing meaningful business opportunities, and striving for extraordinary accomplishments in the future,” said Wang Enzhen.

Winners Celebrated in Prestigious Categories at Thailand Ultimate Chef Challenge (TUCC) 2023

The 9th edition of the Thailand Ultimate Chef Challenge (TUCC) also captivated food enthusiasts and industry professionals as it returned to Hall 12, Muang Thong Thani in Bangkok from May 23rd to 27th, 2023. Regarded as one of Asia’s most esteemed culinary contests, TUCC presented an exhilarating showcase of talent, creativity, and gastronomic delights.

Winners were recognised in the following categories:

Best Ultimate Establishment
- Chiangmai Chefs Association
Best Ultimate Asian Gourmet Challenge
- Fan Ying-Chih, Nkuht FBM Young Chef
- Hsu Kuo Fu, Nkuht FBM Young Chef
- Tsai Shih Hsuan, Nkuht FBM Young Chef
Best Ultimate Asian Chef
- Khairul Ashikhin Bt Adbullah Suhami, Kolej Komuniti Chenderoh
Best Ultimate Professional Chef
- Jaturong Mayurowas, Chiangmai Chefs Association
Best Ultimate Junior Chef Award
- Seo Hyun Joon, World Culinary Arts and Bakery (WCB)

TUCC 2023 brought together professional and aspiring chefs from 9 countries, competing in 21 categories encompassing a wide range of culinary expertise. With 700 entries, the event celebrated culinary excellence on a global scale.

This year, the competition introduced a new plant-based theme, reflecting the growing popularity of sustainable and plant-centric cuisine in the industry.

A distinguished panel of over 40 experts, approved by the World Association of Chefs’ Societies (WACS), served as the judges, meticulously evaluating the participants’ skills, techniques, and presentation.

THAIFEX – Anuga Asia 2024 will return to IMPACT, Muang Thong Thani, Bangkok from 28 May to 1 June 2024, celebrating its 20th edition.

THAIFEX – HOREC Asia will debut at IMPACT, Muang Thong Thani, Bangkok from 6-8 March 2024.

Note to Editors:

Fast Facts:
Total number of trade visitors: 78,764
Exhibition space: 130,000 square metres
Total exhibitors: 3,034
International exhibitors: 1,925
Thai exhibitors: 1,109
No. of countries: 45

THAIFEX – Anuga Asia 2023 is organised by the Department of International Trade Promotion (DITP), Thai Chamber of Commerce (TCC) and Koelnmesse. For more information, please visit https://thaifex-anuga.com

11 Signature Trade Shows:

6 Special Shows:

4 Supporting Programmes:

About the Department of International Trade Promotion, Ministry of Commerce, Thailand

The Department of International Trade Promotion is committed to providing excellent service to Thai entrepreneurs in international business, including trade facility, cost reduction, value creation of goods and services, providing consultation for overseas market access and maintenance, as well as close cooperation with the private sector to promote Thailand as a major gateway of Asia. http://www.ditp.go.th/

About the Thai Chamber of Commerce

The Thai Chamber of Commerce represents as the Thai private sector to facilitate business and trade as well as to serve as the central coordinating agency between the government and private sector, and also helps to promote trade, business and economic cooperation including, build relationships between Thai and partner countries at the bilateral and multilateral level as well as plays a proactive role in representing the interests of the local Thai business community. https://www.thaichamber.org/

About Koelnmesse – Global Competence in Food and FoodTec

Koelnmesse is an international leader in organising food fairs and events regarding food and beverage processing. Trade fairs such as the Anuga, ISM and Anuga FoodTec are established world leaders. Koelnmesse not only organises food and food technology trade fairs in Cologne, Germany but also in further growth markets around the globe, for example, in Brazil, China, Colombia, India, Italy, Japan, Thailand, the United States and the United Arab Emirates, which have different focuses and contents. These global activities enable us to offer our customers a network of events, which in turn grant access to different markets and thus create a basis for sustainable and stable international business. Further Information is available at: https://www.koelnmesse.com/current-dates/all-trade-fairs/

Media Contacts:

International
Wani Diwarkar
Mobile: +65 98320643
E-mail:wani@pinpointpr.sg

Organiser
Faith Lim
Tel: +65 9230 6126
E-mail: faith.lim@koelnmesse.com.sg

Thailand
Jitjam Adsawakeawmongkol
Mobile: +66(0)81-924-9271
E-mail: jitjama@arip.co.th

Organiser
Jeerabhas Rerkpiyasap
Tel. +66 2507 8341
jeerabhasr@ditp.go.th www.ditp.go.th

Spritzer and TudungPeople Offer Limited Edition Rainforest Shawl & Scrunchie

KUALA LUMPUR, May 29, 2023 – (ACN Newswire) – SPRITZER is collaborating with TudungPeople, a designer of comfortable and beautiful hijabs, to produce a limited edition shawl made from recycled plastic bottles as part of the Company's sustainability initiative.

TudungPeople, which has over 100 designs and prints, will use eight recycled plastic bottles per shawl with design inspirations from Spritzer ICON bottle. The Limited Edition Rainforest Collection is available now.

The limited-edition shawl and scrunchie reflect the delicate image of rainforest flora against a background of subtle turquoise gradients. Delicate orchids, whimsical ferns and stately monstera adorn the shawls and scrunchie while the fabric, with its balanced weight, supports the shape of the tudung and frames the face well. Each shawl comes in a design matching reusable pouch bag, to safely store your one-of-kind tudung.

Spritzer is working towards a sustainable future, with initiatives and partnerships to encourage and highlight sustainability and sustainable practices. The Company, best known for its silica-rich mineral water, is also pushing awareness on the importance of clean water to everyday life and how a clean environment is important to water sources.

This initiative encourages people to imagine what else can plastic bottles be used for.

The gorgeous TudungPeople x Spritzer shawl retails at RM179, adorable scrunchie at RM25 or the set at RM184. The featured products are available for purchase at www.tudungpeople.com and https://shop.spritzer.com.my/.

Spritzer pret-a-porter!

Click here for Shawl Making Video & Image Download Link https://drive.google.com/drive/folders/1I7jESzqgBbus4cCdxJ0lCYoxV4538OUs?usp=share_link

Spritzer Bhd: [Bursa: SPRITZER; 7103] [RIC: SPTZ:KL] [BB: SPZ:MK] [OTC: SPZRF], https://www.spritzer.com.my

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Shaping the Future of HoReCa: THAIFEX – HOREC Asia Soft Launch Unveils Next-generation Trends in Bangkok, Thailand

BANGKOK, Thailand, May 25, 2023 – (ACN Newswire) – The highly anticipated soft launch of THAIFEX – HORECA Asia took place today at THAIFEX – Anuga Asia, offering an exciting preview of what the official launch in March 2024 has in store. Thailand’s Department of International Trade Promotion (DITP), the Thai Chamber of Commerce (TCC), and Koelnmesse joined forces to deliver an immersive experience for VIP guests and members of the media, presenting an insightful glimpse into the upcoming debut in March 2024.

This soft launch at the THAIFEX – HOREC Xperiential Zone at IMPACT Hall 1 showcased a comprehensive range of innovative solutions spanning nine major segments, namely Bakery & Ice-cream, Café and Bar, Cleaning and Laundry, Dining, Furnishing, Kitchen, Services, Tech and Wellness, guaranteeing an unparalleled platform for industry professionals to delve into the latest trends, establish fruitful business partnerships, and gain valuable insights.

Esteemed partners such as Electrolux, Global Food Products, Unilever, and Scotsman, along with influential organisations like Centara, Dusit Thani, Le Cordon Bleu, Thai Chef Association, Thai Coffee Association, Thai Spa Association, and The Food School, were present, showcasing their leading role in driving scalable solutions across the hospitality, wellness, digital innovation, alternative protein manufacturing, and sustainable technology sectors. Their presence added prestige to the event and emphasised their instrumental role in advancing innovative solutions for the sustained growth of the HoReCa industry in Thailand and beyond.

Director-General, Department of International Trade Promotion (DITP), Khun Phusit Ratanakul Sereroengrit, said, “We are proud to introduce THAIFEX – HOREC Asia as a true game-changer in the hotel, restaurant, and catering sectors. With our extensive industry expertise and the remarkable success of THAIFEX – Anuga Asia, we are strategically positioned to seize the burgeoning opportunities in this market. As the projected value of the HoReCa industry soars to USD 2.38 trillion by 2028^[1], our groundbreaking trade show aims to leverage Asia’s post-pandemic tourism boom and reinforce Thailand’s position as a regional hub. Supported by government backing, infrastructure development, and a vibrant hospitality scene, we are set to make a significant impact.”

Chairman of The Thai Chamber of Commerce (TCC), Khun Sanan Angubolkul, said, “The closure of hotels and staff retrenchment has had a deep impact on the local economy. However, THAIFEX – HOREC Asia serves as a catalyst to stimulate the domestic economy and create valuable job opportunities, particularly for Thai businesses in service industries like spas and hotels. In the post-COVID world, Thai businesses need to embrace innovation and adapt their models to meet evolving consumer demands, safety regulations, and operational challenges. This trade show provides a platform for Thai businesses to export, import, increase seed funding for start-ups, network with critical partners, gain industry insights, explore investment opportunities, and showcase their excellence. It fosters a collaborative environment where Thai businesses can learn, thrive, and amplify their capabilities, products, and services, highlighting the rich cultural heritage and entrepreneurial spirit of Thailand.”

In addition to the nine key exhibiting segments that cover critical aspects of the industry, what sets THAIFEX – HOREC Asia apart and keeps the show ahead of the curve is the organisers ability to identify and unveil key trends to its stakeholders.

Koelnmesse, Managing Director and VP Asia-Pacific, Mathias Kuepper, said, “Our THAIFEX – HOREC Xperiential Zone curated today takes the visitor experience to the next level by allowing direct engagement with innovative trends. Guided by our experts, visitors can interact with cutting-edge solutions in six key trends that are shaping the industry. The long-term goals of THAIFEX – HOREC Asia are to drive continuous innovation, foster collaboration, and ensure sustainable growth within the HORECA industry. We envision establishing the trade show as a leading hub for Southeast Asia, shaping the future of the industry through transformative ideas, cross-border collaborations, and a commitment to sustainability. Together, we can propel the HORECA sector to new heights of success while setting a new standard for eco-friendly practices.”

Six key trends will also be addressed at THAIFEX – HOREC Asia.

Sustainability is a vital trend in the hotel industry, and we showcase innovative furniture designs and practices that promote a responsible and eco-conscious image. Celebrated Thai designers like Deesawat, Moonler and Sculpture are leading the way in creative innovation.
Contactless technology is transforming the guest experience, with smart technologies and automation solutions from companies like SCG providing convenience and positioning hotels as innovative and eco-friendly.
Digitalised guest experiences are enhanced through the integration of robot servers provided by I-Bechamp, improving efficiency and customer satisfaction. Virtual reality tours and guest apps further enhance connectivity and manage customer expectations.
Plant-based menus are on the rise, and we witness the emergence of startups developing animal-identical fats and alternative meat options that meet consumer demands for taste and texture. Data-driven approaches are also being employed to create the next generation of plant-based cheese.
Food waste is being creatively addressed by beverage makers through upcycling ingredients into sustainable zero-waste drinks. AI-driven solutions, such as End of Waste, help hotels manage and end waste, optimising inventory and supporting sustainable practices.
Energy efficiency is another important trend, and we showcase exhibitors like Cimbali, Hobart, and TNP Group, who prioritise sustainability in their cutting-edge solutions for commercial kitchens, hotels and cafes.

Alongside these trends, attendees can look forward to supporting programs such as:

Asian Barista Team Championship
Hosted Buyer Program
THAIFEX – HOREC Academy
THAIFEX – HOREC Innovation Awards
THAIFEX – HOREC Xperiential Zone

The THAIFEX – HOREC Asia, scheduled to take place from March 6 to 8, 2024, at IMPACT, Muang Thong Thani, Bangkok, Thailand, seeks to attract over 300 leading brands and 20,000 trade visitors from Southeast Asia and key cities across Asia Pacific.

For more information, please visit www.thaifex-horec.asia

Program and Registration:

To learn more about the full programmes, please sign up for our newsletter: https://thaifex-horec.asia/newsletter
For exhibitor registration, visit: https://thaifex-horec.asia/for-exhibitors/register-as-an-exhibitor/
The soft launch of THAIFEX – HOREC Asia is scheduled to take place during THAIFEX – Anuga Asia 2023, at Hall 1 of IMPACT, Muang Thong Thani, Bangkok, Thailand, from May 23rd to May 27th, 2023.

[1] https://www.marketresearchfuture.com/reports/horeca-market-10535

About the Department of International Trade Promotion, Ministry of Commerce, Thailand

The Department of International Trade Promotion is committed to providing excellent service to Thai entrepreneurs in international business, including trade facilities, cost reduction, value creation of goods and services, providing consultation for overseas market access and maintenance, as well as close cooperation with the private sector to promote Thailand as a major gateway of Asia. http://www.ditp.go.th/

About the Thai Chamber of Commerce

The Thai Chamber of Commerce represents the Thai private sector to facilitate business and trade as well as to serve as the central coordinating agency between the government and private sector, and also helps to promote trade, business and economic cooperation including, build relationships between Thai and partner countries at the bilateral and multilateral level as well as plays a proactive role in representing the interests of the local Thai business community. https://www.thaichamber.org/

About Koelnmesse – Global Competence in Food and FoodTec

Koelnmesse is an international leader in organising food fairs and events regarding food and beverage processing. Trade fairs such as the Anuga, ISM, and Anuga FoodTec are established world leaders. Koelnmesse not only organises food and food technology trade fairs in Cologne, Germany but also in further growth markets around the globe, for example, in Brazil, China, Colombia, India, Italy, Japan, Thailand, the United States and the United Arab Emirates, which have different focuses and contents. These global activities enable us to offer our customers a network of events, which grant access to different markets and thus create a basis for sustainable and stable international business. Further Information is available at: https://www.koelnmesse.com/current-dates/all-trade-fairs/

Media Contacts:

International
Wani Diwarkar
Mobile: +65 98320643
E-mail: wani@pinpointpr.sg

Organiser
Faith Lim
Tel: +65 9230 6126
E-mail: faith.lim@koelnmesse.com.sg

Thailand
Jitjam Adsawakeawmongkol
Mobile: +66(0)81-924-9271
E-mail: jitjama@arip.co.th

Organiser
Jeerabhas Rerkpiyasap
Tel. +66 2507 8341
jeerabhasr@ditp.go.th http://www.ditp.go.th

THAIFEX – Anuga Asia Unveils its Largest Edition Yet, Solidifying its Position as Southeast Asia’s Leading Food & Beverage Trade Show

Between 23-27 May, a record-setting of 3,000 food and beverage manufacturers to exhibit at Asia’s largest food trade unveiling the future of foods to 60,000 international trade visitors, pioneering new opportunities and trends.

BANGKOK, Thailand, May 24, 2023 – (ACN Newswire) – THAIFEX – Anuga Asia 2023, Asia’s largest and most important food trade fair officially launched today with a grand opening ceremony at Impact Muang Thong Thani in Bangkok, Thailand. Hosted by organizers the Department of International Trade Promotion (DITP), the Thai Chamber of Commerce (TCC) and Koelnmesse, the official opening event was attended by Deputy Prime Minister and Minister of Commerce, Mr. Jurin Laksanawisit, industry leaders, global exhibitors, international VIP guests and global media.

With an impressive lineup of exhibitors from more than 40 countries, THAIFEX – Anuga Asia 2023 solidifies its position as the leading platform for F&B professionals in Asia-Pacific. Spanning across 130,000 square meters of exhibition space, featuring 11 exhibition halls, this expansive event is expected to attract over 60,000 trade visitors, buyers, and decision-makers from 140 countries under one roof.

THAIFEX – Anuga Asia serves as a catalyst for international exhibitors, brands, and products to unlock new business prospects in Southeast Asia, facilitating valuable opportunities with buyers and fostering lucrative partnerships in the region.

The mammoth trade fair is expected to generate 70,000 million baht in revenue this May. It will feature 11 signature trade shows, 11 trends, and 6 special shows, all designed to shine a spotlight on emerging trends, innovative blueprints, bold ideas, and cutting-edge solutions that are shaping the F&B industry. Trade attendees can expect an immersive experience that unveils the latest advancements and offers insights into the future of the F&B sector.

Khun Phusit Ratanakul Sereroengrit, Director-General, the Department of International Trade Promotion (DITP), said, “THAIFEX – Anuga Asia is Southeast Asia’s flagship food and beverage trade fair and we are thrilled to be hosting its largest edition yet. Thailand is Southeast Asia’s second-largest economy, with a GDP of US$495 billion in 2022¹, and our food manufacturing and agriculture sectors are significant contributors to this. THAIFEX – Anuga Asia showcases Thailand’s rich culinary heritage, high-quality products, and offers a gateway for global players to access our vibrant market while we also tap into international trade opportunities. This year’s event, THAIFEX – Anuga Asia 2023, gathers more than 3,000 exhibitors, including Thai and international exhibitors. Through initiatives like THAIFEX – Anuga Asia, we are confident in forging stronger connections in shaping the future of food security on a global scale and propelling Thailand’s key position in the F&B industry to new heights.”

THAIFEX – Anuga Asia also serves as a crucial platform that shines a spotlight on Thailand’s domestic food and beverage brands and with the ever-changing landscape of the industry, it presents opportunities to discover further innovation.

Khun Sanan Angubolkul, Chairman of the Thai Chamber of Commerce (TCC), said, THAIFEX – Anuga Asia plays a vital role in supporting and promoting local Thai businesses, showcasing their remarkable innovations and diverse product lines to international buyers. This year, there are 1,100 Thai exhibitors to join us. The event serves as a platform to elevate the visibility of our homegrown talents and connect them with global opportunities. This synergy between local businesses and international buyers is a testament to the transformative power of THAIFEX – Anuga Asia in driving growth, fostering innovation, and strengthening Thailand’s position in the global marketplace.”

DITP, TCC and Koelnmesse have played a pivotal role in curating and successfully executing 19 editions of the renowned food and trade fair in Thailand, with each year showcasing a significant evolution.

Managing Director and VP Asia-Pacific of Koelnmesse, Mathias Kuepper, “We take great pride in celebrating the official opening of our largest edition of THAIFEX – Anuga Asia to date, representing a remarkable milestone in the history of our event. This show serves as a vital conduit, facilitating meaningful connections between international exhibitors, brands, and products with buyers from the dynamic Southeast Asian region. This platform fosters collaborations, opens doors to new opportunities, and drives success in this thriving market.”

“This year, we have exceeded expectations by securing an impressive lineup of 1,925 exhibitors hailing from 43 countries, more than double the number from last year. Among these exhibitors are renowned, award-winning brands spanning various industry verticals, alongside visionary game changers who are reshaping the food landscape. By showcasing consumer-led transformations, we are collectively pushing the boundaries of innovation in the food industry. Moreover, our steadfast commitment to technology and sustainability ensures that we are actively shaping a future of sustainable practices and food security,” Mr. Kuepper added.

Key THAIFEX – Anuga Asia 2023 highlights include:

THAIFEX – Anuga tasteInnovation Show Winners
Showcasing Asia’s Most Innovative Food Products and Solutions, tasteInnovation Show winners have been unveiled. This special show is dedicated to highlighting Asia’s newest and most innovative food products and solutions that are pushing the boundaries of creativity, personal health, sustainability, and taste profiles.

Handpicked from a multitude of entries, a total of 11 winners were identified from 50 impressive finalists. Some of these (but not limited to) include:

KAPP·POPP Thai Microwave pork crackle by Hesco Solution Co., Ltd.
Chickpea rice by Eatvolution Co., Ltd.
CP FI-IT Sausage by CPF (Thailand) Public Co., Ltd.

Complete list of winners can be accessed HERE.

World Coffee Tasting: Origin Coffee – Hall 1

Revenue in the Coffee segment amounts to US$142.00bn in 2023. The market is expected to grow annually by 5.52% (CAGR 2023-2025)². THAIFEX – Anuga Asia plays a significant role in the coffee and tea industry in Asia, providing a global platform for industry players to showcase their products and connect with potential buyers and partners. In Hall 1, the rich culture and distinct flavours from Brazil, Guatemala, Kenya and Thailand will be on showcase.

Future Food Experience+ – Hall 5

Unleashing the Potential of Next-Gen Food and Beverage Innovation. You will have a front-row seat to capture and share the insights, trends, and breakthroughs that will shape the future of our food. Highlights include:

Tuesday, 23 May
11.00am – 11.30am
- Supporting Mental Health through Food and Drink
- Speaker: Miss Rashmika Khanijou Research Analyst, Food&Drink, Thailand, Mintel
12.30pm – 3.15pm
- Future Food is Here
- Speaker: Mr. Santi Abakaz, CEO/Co-Founder TASTEBUD LAB
2.30pm – 3.15pm
- Where is the Future of Future Food
- Speakers: Tony Hunter, A Global Food Futurist Speaker,
- Mr. Apirak Kosayodhin, Chairman & CEO of V Foods (Thailand)
- Mr. Gerben Kamps, Global Business Development for Alternative Protein Business Unit, Thai Union
- Dr. Akamol Klaikherd AVP, Group TSTD
3.30pm – 4.30pm
- Opening and Welcoming to Future Food Experience and Delegation Tour led by Khun Sanan Angubolkul, Chairman of the Thai Chamber of Commerce (TCC)

Access complete speaker line-up from 23-27 HERE.

THAIFEX – HOREC Xperiential Zone – Hall 1

- Visitors will step into the world of curated HoReCa companies as they unite to address the pressing challenges faced by today’s hospitality businesses. At THAIFEX – HOREC Xperiential Zone, visitors and HoReCa business owners will have the opportunity to witness and interact with an array of products, gaining valuable insights into how innovative solutions can be seamlessly integrated into their own operations. Immersive technological-led experience guided by a dedicated team will showcase exceptional quality and transformative solutions that give businesses a competitive edge.
Explore the 9 Dynamic Segments
- Bakery & Ice-Cream
- Cafe&Bar
- Cleaning & Laundry
- Dining
- Furnishing
- Kitchen
- Services
- Tech
- Wellness

And 6 Emerging Trends:
- Sustainability
- Contactless
- Digitalized Guest Experience
- Plant Based Menu
- Food Waste
- Energy Efficiency

In addition to new programs, THAIFEX – Anuga Asia 2023 will see the return of popular shows, including:

THAIFEX – Anuga Future Food Market presents new and emerging food and beverage breakthroughs in segments such as alternative or sustainable products, new nutrition, and tech-enhanced processes. Visitors can sample the products on display, experience the products that supermarket of the future may hold, and connect with industry professionals and food enthusiasts to discover and learn about the latest developments in the food industry.

Thailand Ultimate Chef Challenge (TUCC)

Dates: May 23-27, 2023
Venue: Hall 12, Muang Thong Thani, Bangkok
9th edition of TUCC, Asia’s esteemed culinary contest
Over 700 professional and aspiring chefs competing
19 categories, including new plant-based theme
Judged by a panel of 20+ experts approved by World Associations of Chefs’ Socieities (WACS)
Winners will be recognised in the following categories:
- Best Ultimate Establishment
- Best Ultimate Asian Gourmet Challenge
- Best Ultimate Asian Chef
- Best Ultimate Professional Chef
There will be a spotlight on appetizing plant-based and Asian food

11 Signature Trade Shows:

6 Special Shows:

3 Supporting Programmes:

Program and Registration:

To learn more about the full programmes, visit https://thaifex-anuga.com/
For exhibitor registration, visit: https://thaifex-anuga.com/for-exhibitors/interest-to-participate/
For visitor registration, visit https://pre.eventthai.com/thaifex-anuga

(1) Office of the National Economic and Social Development Council, Thailand (17 February 2023)
(2) https://www.statista.com/outlook/cmo/hot-drinks/coffee/asia

Notes to Editors:

Media accreditation: Media may register for THAIFEX – Anuga Asia at our virtual newsroom to apply for accreditation
Download high-resolution past event images here
Access Full Program Agenda here
There will be no live streaming of any of the sessions this year, although selected videos will be uploaded for On-Demand Access after the event
Interview requests with speakers, exhibitors, or sponsors, should be directed to thaifex-anuga@pinpointpr.sg

About the Department of International Trade Promotion, Ministry of Commerce, Thailand

About the Thai Chamber of Commerce

About Koelnmesse – Global Competence in Food and FoodTec

Koelnmesse is an international leader in organising food fairs and events regarding food and beverage processing. Trade fairs such as the Anuga, ISM and Anuga FoodTec are established world leaders. Koelnmesse not only organises food and food technology trade fairs in Cologne, Germany, but also in further growth markets around the globe, for example, in Brazil, China, Colombia, India, Italy, Japan, Thailand, the United States and the United Arab Emirates, which have different focuses and contents. These global activities enable us to offer our customers a network of events, which in turn grant access to different markets and thus create a basis for sustainable and stable international business. Further Information is available at: https://www.koelnmesse.com/current-dates/all-trade-fairs/

Media Contacts:

International

Wani Diwarkar
Mobile: +65 98320643
E-mail:wani@pinpointpr.sg

Organiser

Faith Lim
Tel: +65 9230 6126
E-mail: faith.lim@koelnmesse.com.sg

Thailand

Jitjam Adsawakeawmongkol
Mobile: +66(0)81-924-9271
E-mail: jitjama@arip.co.th

Organiser

Jeerabhas Rerkpiyasap
Tel. +66 2507 8341
jeerabhasr@ditp.go.th
www.ditp.go.th

Food Fortification a Major Focus at the World Health Assembly

Geneva, Switzerland, May 22, 2023 – (ACN Newswire) – The crucial topics of micronutrient deficiencies and Large Scale Food Fortification (LSFF) will be discussed at a side event at the 76th World Health Assembly (WHA) in Geneva on Tuesday, 23 May 2023, hosted by the governments of Colombia, Ecuador and Malaysia. At the side event, The Global Alliance for Improved Nutrition and partners will help unpack the pivotal resolution that calls on WHA Member States to scale up food fortification programs globally, particularly in countries where micronutrient deficiencies are prevalent.

The public can follow the updates on the Food Fortification resolution here.

Half of all preschool-aged children and 2/3rds of all women of reproductive age worldwide suffer from at least one micronutrient deficiency, also known as "hidden hunger". These deficiencies cause a range of health problems, from impaired cognitive development in children to increased risk of infections and conditions such as anemia and blindness.

Lawrence Haddad, executive director of the GAIN and a speaker at the event, said, "At GAIN, we have spent the past 20 years supporting food fortification in over 40 low and middle-income countries. Unfortunately, the prevalence of malnutrition is growing globally due to simultaneous climate and food crises exacerbated by the COVID-19 pandemic and Russia's war on Ukraine. More investment in food fortification can help to provide an important nutrition safety net as we seek to build nutritious food systems that are more resilient in the face of global shocks."

Food fortification has been identified as a cost-effective and sustainable strategy to combat hidden hunger and improve public health. According to the WHO, fortification of staple foods can improve micronutrient status in populations and reduce the incidence of associated diseases, particularly in low- and middle-income countries where access to diverse diets and supplements is limited. Eighty-four countries could benefit from establishing new mandatory fortification programs, and most existing programs must be strengthened to reach more people with adequately fortified food.

"Food fortification is among the solutions that we are urgently pursuing to combat rising levels of malnutrition in African Union countries," said Ambassador Josefa Sacko, Commissioner for Rural Economy and Agriculture at the African Union and member of the Scaling Up Nutrition Movement's Lead Group. "We welcome this important resolution of the World Health Assembly as food fortification is also on the front burner at the African Union."

The proposed WHA resolution has united the health policy, disability rights, and nutrition sectors. Over 70 global, regional, and national organizations have endorsed the resolution and are actively working to support its passage. "The World Health Organization is pleased to stand alongside Member States of the WHA and the wide coalition of stakeholders that has come together to support accelerated action on food fortification to combat micronutrient deficiency and its impacts," said Dr. Francesco Branca, Director of the Department of Nutrition and Food Safety at WHO. "Governments need to design effective food fortification programs aimed to reach all people in need and engage civil society and the private sector for effective implementation."

The Masters of Ceremony for the side event are Saskia Osendarp, Executive Director of the Micronutrient Forum, and Gail Rosseau, George Washington School of Medicine & Health Sciences and G4 Alliance. In addition to Lawrence Haddad, speakers will include representatives from supportive member states, food fortification experts and representatives from the disability rights, child rights, and health policy communities.

Registration for the event is open here. https://pr.report/F6yaLNnj

Contact Information:
Edwin Shankar
Media Relations
edwin.shankar@leidar.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Nissin Foods Announces 2023 Q1 Financial Results

HONG KONG, May 10, 2023 – (ACN Newswire) – Nissin Foods Company Limited ("Nissin Foods" or the "Company", together with its subsidiaries, the "Group"; Stock code: 1475) today announced its unaudited first quarter financial results for the three months ended 31 March 2023 ("the Reporting Period").

The Group's revenue was HK$1,024.4 million (2022: HK$1,061.8 million). Gross profit grew 8.8% YoY to HK$362.1 million (2022: HK$332.8 million). Gross profit margin increased significantly to 35.3% (2022: 31.3%), mainly attributable to the implementation of price adjustments and easing of raw material costs. Profit attributable to owners of the Company grew 22.3% to HK$110.5 million (2022: HK$90.3 million).

Revenue from the Hong Kong operations was HK$348.4 million (2022: HK$357.9 million). However, its sales outperformed the pre-pandemic level in 2019, indicating that the growth momentum continues upon resumption of normalcy in the region. As for the Mainland China operations, revenue of HK$676.0 million (in local currency: +3.3%) was recorded for the Reporting Period (2022: HK$703.9 million) due to the depreciation of the Renminbi against the Hong Kong dollar.

Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, "We are delighted to see that our business has recorded double-digit profit growth compared with pre-pandemic levels. This is a testament to the effectiveness of our premiumisation strategy, which has enabled sustaining growth when the market has returned to normal conditions. The consumer market remains competitive and challenging, and thus our outlook remains cautiously optimistic. Moving forward, we will continue to leverage our diversified product portfolio and develop various marketing strategies to boost sales performance, thereby enhancing our overall competitive strengths and creating long-term value for shareholders."

About Nissin Foods Company Limited
Nissin Foods Company Limited (the "Group"; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China with a diversified portfolio of well-known and highly popular brands and the largest instant noodle company in Hong Kong. The Group officially established its presence in Hong Kong in 1984. The Group primarily manufactures and sells instant noodles, frozen foods and other food products under its two core corporate brands, namely "NISSIN" and "DOLL" together with a diversified portfolio of iconic household premium food brands. The Group's five flagship product brands, namely "Cup Noodles", "Demae Iccho", "Doll Instant Noodle", "Doll Dim Sum" and "Fuku" are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the "ECO Cup" concept and primarily focuses its sales efforts in first-and second-tier cities.

Nissin Foods is a constituent of eight Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Consumer Goods & Services Index, Hang Seng Stock Connect Hong Kong Index, Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index, Hang Seng Stock Connect Hong Kong SmallCap Index, Hang Seng SCHK Mainland China Companies Index, Hang Seng SCHK ex-AH Companies Index, and Hang Seng Small Cap (Investable) Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit www.nissingroup.com.hk.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Tianyun International Introduces Shiok Party Fresh Fruit Sports Beverage Series; Launching Ceremony a Resounding Success with Endorsements from Sports Superstars

HONG KONG, May 3, 2023 – (ACN Newswire) – Tianyun International Holdings Limited ("Tianyun International"; 6836.HK), a leading seller and manufacturer of processed fruits products in China, is pleased to announce the launch of its new "Shiok Party" fresh fruit sports beverage series, accompanied by the Greater China area launching ceremony and tasting session at the Four Seasons Hotel Hong Kong.

Guests at the product launch

Mr. Li Dashuang and Mr. Li Xiaoshuang attended the product spokesperson awarding ceremony

New Shiok Party Fresh Fruit Sports beverage Series

The event was supported by accomplished guests and renowned sports superstars, including Mr. Li Dashuang, President of Hubei Provincial Gymnastics Association and former member of the National Gymnastics Team; Mr. Li Xiaoshuang, former member of the National Gymnastics Team and Olympic gold medalist; and Mr. Alex Fong, consultant of Our Hong Kong Foundation and formermember of the Hong Kong Swimming Team, etc.. During the event, the distinguished guests shared their invaluable insights and experiences on sports, sports beverages, and sports development, creating a warm and grand atmosphere. The venue has also featured a tasting area, offering all attendees the chance to have a taste of the new "Shiok Party" fresh fruit sports beverage series and experience the unique energy-boosting nature of the market's first-ever fruit granulated sports beverages.

Mr. Yang Ziyuan, Chairman and CEO of the Group said, "As a robust and capable company in the domestic fruit processing industry, Tianyun International always takes "Producing safe and healthy food, Creating a better and prosperous life" as its corporate mission, and leads the quality development of the industry with real actions. The Group is still making tremendous efforts in research and development and innovation to capture the ever-changing beverage market demand. Our original "Shiok Party" products have gained a good reputation in the market and achieved exciting results. Leveraging on its success, we have developed a new series of "Shiok Party" fresh fruit sports beverages. We are confident that our products will enable the Group to introduce better and healthier products to the sports beverage market, and together create a China premium sports beverage brand."

During the event, product spokespersons Mr. Li Dashuang and Mr. Li Xiaoshuang shared their thoughts on the new "Shiok Party" fresh fruit sports beverage series. "As athletes ourselves, we fully comprehend the crucial role of sports beverage in enhancing athletic performance. "Shiok Party" series combines modern nutrition and sports medicine theories, offering a range of functions such as nutritional supplements and health maintenance. From a champion's perspective, we have chosen to endorse these "champion" products to support the admirable vision of promoting national sports, health, and nutrition."

The "Shiok Party" fresh fruit sports beverage series represents a significant improvement and innovation over the classic formula, bringing a fresh upgrade to flavor, texture, packaging, etc. It has revolutionized the concept of a nutritious fruit granulated sports beverage, incorporating fruit granules of apple, peach, pear, and strawberry, with a minimum fruit content of 5%. Furthermore, it contains essential nutrients such as vitamin B6 and B12, offering a rich and fruity taste with added nutritional benefits. With its distinctive fruit granules and chewy texture, this product is a game-changer in the sports beverage market, setting a new trend for fresh fruit sports beverage.

About Tianyun International Holding Limited (Stock Code: 6836.HK)
Tianyun International Holdings Limited (the "Company") and its subsidiaries (collectively referred to as the "Group") are principally engaged in (i) the research and development, production and sales of processed fruit packaged in metal containers, plastic cups, glass containers and aluminum foil bags and beverages (ii) trading of fresh fruit. Processed fruit products are sold both under its own brands "Bingo Times", "fruit zz" and "Tiantong Times" and on an OEM basis. The beverages are sold under its own brand "Shiok Party" and "Demon Fruit Season".

The Group has been consistently committed to providing its customers with healthy and safe products. As a food enterprise with one of the most comprehensive quality certifications, we rigorously adhere to stringent international production standards and are accredited with BRC (A), IFS Food (High), FDA(FSMA), SC, KOSHER, SMETA and ISO9000, etc. in respect of our production facilities, quality control and management. The Group has also passed the internal food production standards reviews and audits from several UK and US supermarket chains. At the same time, as a Chinese "Equal production line; Equal standard; Equal quality" food production and export enterprise, the Group has been supplying products of consistent quality to domestic and international markets.

The Group was awarded China's Most Promising Listed Companies by internationally-renowned financial magazine Forbes, and the "2017 Linyi Mayor Quality Award" by the PRC government in 2017. The Group's new and proprietary researched, developed and produced pure fruit snack food received a national "Certificate of Invention Patent" in 2018. In 2019 and 2022, the Group was awarded the national Hi-tech Enterprise Certificate consecutively. In 2020, the Group was recognised as one of the Most Valuable Chinese Brands for the fourth consecutive year. In 2023, the Chairman and CEO of the Group was selected as one of the "2023 Top 30 ESG Entrepreneurs in the Greater Bay Area" by Forbes China.

For more information, please visit www.tianyuninternational.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com