HONG KONG, Jan 12, 2023 – (ACN Newswire) – Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) is pleased to announce the extension of its sponsorship of Hong Kong tennis player Cody WONG for a period of three years from 2023-2025. Having sponsored Cody since 2021, Nissin Foods has increased its sponsorship support for the 20-year-old star as she continues to make strides on the professional circuit, in the hope that Cody will garner even more honours for herself and Hong Kong on the international arena.

"We are pleased to extend our support for Cody for a total of five years until 2025," said Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods. "Long-term support is important for elite athletes like Cody. With our support, she will be able to focus on building her skills, strengthening her physique, and enhancing her experience, particularly in international tournaments. Cody is a young talent with so much promise. We hope to give her comprehensive support that can help her to fully realise her talents and reach new heights. True to our founder Mr. Momofuku ANDO's belief that 'eating and sports are the two axles of health', the sponsorship of Cody and youth tennis in Hong Kong aligns with Nissin Foods' commitment to promoting sports and healthy lifestyles."

Mr. Philip MOK, President of Hong Kong Tennis Association, said, "I would like to thank Nissin Foods for its committed support of youth tennis and our young elite players in Hong Kong. Support for players like Cody at this pivotal stage of their careers is so important and will allow her to continue her impressive progress on the professional circuit, whilst also inspiring other young players. After a fantastic season last year, we are excited to see how far Cody can go in 2023."

"I am so grateful to Nissin Foods for its continued support," commented Cody. "This sponsorship enables me to focus on my tennis and motivates me to train even harder to reach my goals. I cannot thank Nissin Foods enough for this wonderful support throughout my young career."

In 2022 Cody won nine doubles title and one singles title on the ITF Women's World Tennis Tour and achieved career-high rankings in both singles and doubles, reaching No. 343 and No.156 in the world, respectively. With the support of Nissin Foods, she is positioned to continue rising in the rankings and to collect more titles in 2023.

Nissin Foods is the official Youth Development Partner of the Hong Kong Tennis Association ("HKTA") and the title sponsor of its three major local junior tournaments – the Hong Kong National Junior Tennis Championships, the Hong Kong Junior Tennis Series, and the Hong Kong Junior Tennis Novice Competition. These core events form the basis for local junior development, providing young players with optimal competitive opportunities to gain more match experience, whilst also allowing HKTA to identify promising talents. In recent years Nissin Foods has extended its support to elite players to provide financial assistance to help them maximise their full potential as professional players.

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 Mainland China, the Group has introduced technology innovation through the "ECO Cup" concept into the market and primarily focuses its sales efforts in the 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. For more information, please visit www.nissingroup.com.hk.

About Hong Kong Tennis Association
The HKTA is a non-profit organisation formed in 1909 with over 4,000 individual members and recognised by both the Asian Tennis Federation (ATF) and the International Tennis Federation (ITF). The HKTA's objectives are to promote tennis to all, to nurture talented players to compete at a regional & international level, and to raise the standard of the game in Hong Kong. To meet its objectives, the HKTA organises a number of local and international tennis tournaments, as well as grassroots, junior and elite development programmes, inter-club leagues, coaching certification courses, and a Tennis-For-All open enrollment programme.

Please visit http://www.tennishk.org for more information.


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HONG KONG, Jan 3, 2023 – (ACN Newswire) – Tianyun International Holdings Limited ("Tianyun International", together with its subsidiaries, (the "Group") (Stock Code: 6836.HK), a leading seller and manufacturer of processed fruit products in the People's Republic of China ("PRC"), is pleased to announce that the Group has signed a Memorandum of Understanding (MOU) with SF Innovation Co., Ltd., a leading Korean food and beverage manufacturing company, under which the two companies will work together as strategic partners to explore and develop the distribution of fruit products and beverages along with promoting Asian cuisine in the Korean market. The MOU is expected to contribute to expanding the Group's overseas revenue streams and diversify its business, as well as enhance the Group's branding and international reputation.

SF Innovation Co., Ltd. is a leading food and beverage manufacturing company in Korea. The company has a particularly strong presence in the Korean market with the multiple successful restaurant brands and food delivery service, and sells (Korean style) instant food packaged in metal containers. It has a strong influence in the Korean market.

Mr. Yang Ziyuan, Chairman and CEO of the Group, said, "We have been actively seeking expansion opportunities for our high quality, healthy and diversified processed fruit products and featured beverage products in overseas markets. This strategic partnership will combine the respective resources of the Group and SF Innovation Co., Ltd. SF Innovation Co., Ltd. 's local expertise in franchising, branding and food delivery, which include distribution of fruit products and developing Asian cuisine for the Korean market. We are delighted that an agreement has been reached and we look forward to expanding the scope of our cooperation, such as strategic investment, in the future. We also believe that this synergistic partnership will enable both companies to achieve great success in the long-term development of the Korean market. Meanwhile, the Group is accelerating its production technology upgrades and continues to bring diversified healthy and featured beverages, and snack good to consumers, as it expands into domestic and international markets. Leveraging the Group's industry-leading position and meeting our social responsibility to drive high-quality development within the industry, we are striving to become an international fruit product & beverages company and contribute to the society by giving back to consumers for their support and trust."

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 "Shiok Party" and "Yao Guo Ji".

The Group has been consistently committed to providing its customers with healthy and safe products. As a food enterprise with one of the most complete quality certifications, we rigorously adhere to stringent international production standards and are accredited with BRC (A), IFS Food (High), FDA(FSMA), HALAL, SC, KOSHER, BSCI and ISO22000, 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 equivalent quality to domestic and international markets. Since 2016, the Group's own-brand processed fruit products have continued to achieve high market recognition, and have also been awarded the honor and qualification of "China Canned Product Quality Certification Label" by national associations.

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. The Group was awarded the national Hi-tech Enterprise Certificate in 2019. In 2020, the Group was recognised as one of the Most Valuable Chinese Brands for the fourth consecutive year.

For more information, please visit www.tianyuninternational.com


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

HONG KONG, Dec 20, 2022 – (ACN Newswire) – Reproduced from Bloomberg Terminals, the dairy products increasingly become the daily necessities for the general public in the domestic market, especially in the era when the concern over health and nutrition is raised considerablely, and there are brand-new opportunities for the dairy industry to grow. On 16 December, AustAsia Group Ltd. ("AUSTASIA GROUP" or the "Company"; stock code: 2425.HK), a dairy farm operator, officially launched its IPO, which has now entered the third day. It is expected to be officially listed on the HKEx on 30th December, with China International Capital Corporation Hong Kong Securities Limited and DBS Asia Capital Limited as Joint Sponsors.

According to the prospectus, AUSTASIA GROUP is one of the top five dairy farm operators in China, ranking third, fourth and fifth among all dairy farm operators in China in terms of sales volume, sales value and production volume of raw milk in 2021. The Company has a diverse customer base, ranging from leading national and regional dairy product manufacturers to emerging dairy brands, and provides premium raw milk to its downstream dairy product manufacturer customers. Meanwhile, the Company is the first dairy farm operator in China to design, build and operate large-scale and standardised dairy farms with over 10,000 heads of dairy cows, according to Frost & Sullivan.

Benefiting from the rapid growth of dairy industry and establishing a leading position

As an essential people's livelihood industry, the dairy industry in China has been developing rapidly since the reform and opening up. Driven by the rapid development of the economy and the increase of per capita disposable income, the industry has experienced steady growth in recent years. According to Frost & Sullivan, the total retail sales value of dairy products is expected to increase from RMB557.4 billion in 2021 to RMB875.5 billion in 2026 at a CAGR of 9.5%. Also, the rapid growth and structural changes in the downstream dairy landscape have increased the demand for high-end raw milk in the upstream market, and the industry has a broad development prospect.

Leveraging plentiful experience and expertise, AUSTASIA GROUP commenced its dairy farming operations in China in 2009, laying a solid foundation for its long-term development. AUSTASIA GROUP currently owns and operates ten large-scale dairy farms in China, with an aggregate gross land area of approximately 14,657 mu. As of 30 June 2022, the total herd size of dairy cows was 111,424 heads, of which 57,383 were milkable cows. From 2019 to 2021 and for the six months ended 30 June 2022, the Company produced approximately 565,400 tons, 582,800 tons, 638,800 tons and 359,200 tons of raw milk, making it a pioneer in the high-growth dairy sector.

Proven and synergistic business integration with strong and stable financial performance

Relying on its strong and comprehensive competitiveness, AUSTASIA GROUP has established two main business segments, namely raw milk business and beef cattle business, and has achieved synergy between these two segments. The raw milk business provides stable and self-sustaining source of beef cattle with excellent genetic traits, health conditions and easy traceability for its beef cattle business, which improves the productivity of beef cattle and promoting a virtuous circle of development. Meanwhile, AUSTASIA GROUP also sells in-house branded dairy products under its own brand "AustAsia" to large coffee shops, milk tea shops, bakeries and dim sum chains in China.

At present, AUSTASIA GROUP owns and operates two large-scale beef cattle feedlots in China. The Company had a total 28,152 heads of beef cattle as of 30 June 2022. In addition, the business of AUSTASIA GROUP spans the key stages of the dairy farming value chain, including farm design and management, forage cultivation, in-house feed production, dairy cow breeding and raw milk production. Such highly proven and synergetic business integration model has built a moat for the development of the enterprise.

With its integrated business model, AUSTASIA GROUP recorded strong and stable operating income. According to the prospectus, the Company's revenue from continuing operations increased from US$352 million in 2019 to US$522 million in 2021, representing a CAGR of 21.9%. As of 30 June 2022, the revenue amounted to US$278 million, with a year-on-year growth of 15.4%. From 2019 to 2021 and for the six months ended 30 June 2022, the gross profit margin of the Company was 34.6%, 37.1%, 33.7% and 24.5% respectively, and the adjusted net profit margin for the same period was 21.5%, 25.7%, 23.1% and 14.8% respectively.

At present, the dairy industry is in the stage of accelerated development, and high-quality dairy enterprises that can provide high-quality and high nutrition for the market are expected to usher in a golden period of growth. AUSTASIA GROUP, which is in the process of IPO, has made full preparations for listing on the Hong Kong Stock Exchange. In the future, the Company will continue to develop beef cattle business, expand diversified customer base, and develop genetic breeding technology, so as to create greater long-term value in a responsible and sustainable way, and step onto a new level of development.


Copyright 2022 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HONG KONG, Dec 19, 2022 – (ACN Newswire) – Tianyun International Holdings Limited ("Tianyun International", together with its subsidiaries, (the "Group") (Stock Code: 6836.HK), a leading seller and manufacturer of processed fruit products in the People's Republic of China ("PRC"), is pleased to announce that following the successful launch of the Group's own brand "Shiok Party" vitamin sports drink and "Yao Guo Ji" chunky fruit beverages, the Group is planning to launch its latest products, the Fruit Chunks Vitamin Sports Drink and Fruit Enzyme Sports Drink. These new series of beverages are entering the preparation stage of production and sales, while all the research and development work has been successful completed. The beverages are expected to be launched in early 2023 and will further accelerate the Group's expansion to the growing functional beverage market.

The upcoming series of Fruit Chunks Vitamin Sports Drink combines chunks of fruit, such as peaches and apples. The product can not only boost energy level, but also help fight fatigue and stay awake. Additionally, the fruit chunks in this featured product can provide consumers with a satisfying chewing sensation and a rich fruit flavour, which can be adapted to a variety of scenes, including daily life, sports and fitness, studying, entertainment and travel. It is a perfect choice to boost energy level and improve efficiency.

Apples and peaches are used in the newly developed Fruit Enzyme Sports Drink series . The products mainly provide the enzyme concept that meets the needs of daily life. With a variety of different health effects, it is a functional beverage launched to meet the increasing public health awareness. These series of products belong to the "Medical, Health and Health Food Processing" industry which is among the "Top Ten" industries of "Shandong Province New and Old Dynamic Energy Conversion Major Project Implementation Plan", and is in line with the development trend of the national and Shandong provincial industries.

Mr. Yang Ziyuan, Chairman and CEO of the Group said, "With the increasing health awareness and the change of consumers' consumption concepts and dietary preferences,the functional beverage market has been growing rapidly in recent years and the scenes of drinking have been expanding, providing an unprecedented development opportunity for this market. In line with the implementation of the "Healthy China 2030" strategy, the Group is leveraging its industry experiences and strengths to launch two new featured beverages that are distinctive and different from some similar products in the market. While this is in line with the Group's strategic approach of enriching its product range and brand portfolio, it also meets customers' needs and consumers' evolving tastes. With the increasing diversification of our products, the Group is expected to further enhance its competitiveness in the functional beverage market, especially in the sports drink segment."

Mr. Yang continues, "Based on the theory of modern nutrition and sports medicine, the Group's new series of functional beverages can provide nutritional supplements and a variety of health benefits including immune system enhancement, slimming, anti-ageing, sports muscle building and intestinal tract conditioning. We believe that our products will arouse positive reactions after officially launched. As the market demand for functional beverages and processed fruit products continues to increase, the Group will continue to actively develop and innovate,and to bring more kinds of functional beverages and snack food products. To meet the needs of the market, we will contine to actively drive high-quality development in order to repay the community and consumer's support and trust on us."

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 "Shiok Party" and "Yao Guo Ji".

The Group has been consistently committed to providing its customers with healthy and safe products. As a food enterprise with one of the most complete quality certifications, we rigorously adhere to stringent international production standards and are accredited with BRC (A), IFS Food (High), FDA(FSMA), HALAL, SC, KOSHER, BSCI and ISO22000, 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 equivalent quality to domestic and international markets. Since 2016, the Group's own-brand processed fruit products have continued to achieve high market recognition, and have also been awarded the honor and qualification of "China Canned Product Quality Certification Label" by national associations.

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. The Group was awarded the national Hi-tech Enterprise Certificate in 2019. In 2020, the Group was recognised as one of the Most Valuable Chinese Brands for the fourth consecutive year.

For more information, please visit www.tianyuninternational.com


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