WL Delicious Announced 2023 Annual Results

HONG KONG, Mar 21, 2024 – (ACN Newswire) – Weilong Delicious Global Holdings Ltd (“WL Delicious” or the “Company”) and together with its subsidiaries (the “Group”) (Hong Kong stock code: 9985.HK) announced its audited annual results for the year ended 31 December 2023 (“Reporting Period”).

The macro-economy continued to recover in 2023 and China’s consumer market also showed a rebound trend. Snack food industry experienced diversified changes in the needs of consumers and sales channels. During the Reporting Period, WL Delicious actively embraced the changes and adhered to the ‘multiple categories and large single product’ strategy. WL Delicious continued to strengthen omni-channel construction and embraced new opportunities brought by the emerging channels. Additionally, WL Delicious persisted in enhancing its brand influence through youthful brand building.

WL Delicious’s overall business operations and financial performance remained stable. Revenue for the Reporting Period was 4,872 million (RMB, same as below), representing a 5.2% year-on-year (“YoY”), primarily due to an increase in the sales from the emerging channels such as O2O, snack specialty retailers and content e-commerce platforms. Diversified channels have promoted the accelerated transformation of the snack food industry. Faced with this development trend, WL Delicious has kept pace with the times, actively embraced the growth opportunities brought by emerging channels, and has continued to strengthen its omni-channel operations and expansion strategies, thereby achieving the revenue growth. Gross profit for the Reporting Period was 2,323 million, representing a 18.5% growth YoY. Gross profit margin increased 5.4 percentage points to 47.7%, mainly due to (i) the Group’s structural adjustment of main products in 2022; (ii) a decrease in the price of raw materials during the Reporting Period; and (iii) the optimization of the Group’s cost management by optimising production process flow continuously. Net profit for the Reporting Period was 880 million, representing a 481.9% increase YoY. Adjusted net profit grew 6.3% YoY to 970 million, and adjusted net profit margin increased from 19.7% in 2022 to 19.9% during the Reporting Period, primarily due to the increase of gross profit.

Based on the Group’s overall performance, and having accounted for the sufficient cash flow and improved operations during the Reporting Period, the Board proposed to declare a final dividend of 0.10 per share (RMB, inclusive of tax, same as below). The proposed final dividend and interim dividend representing approximately 60% of the net profit of the Group for Reporting Period. Besides, considering that 2023 was the first anniversary of WL Delicious’ listing, the Board proposed to declare a special dividend of 0.11 per share, representing approximately 30% of the net profit of the Group for the Reporting Period. The annual dividend payout ratio of WL Delicious[1] reaches approximately 90%, which includes interim dividend, final dividend, and special dividend on the first anniversary of listing.

In terms of the products, the Group actively explored the consumer needs through market research, expanded its product lines to conform to consumer preferences, and constantly innovated and launched new products. Leveraging rigorous and profound fundamental research and advanced production techniques, the Group launched new products such as spicy Latiao “BADAO PANDA”, konjac vegetarian tripe “XIAO MO NV” and spicy crisp Latiao “CUI HUO HUO”. The new products further enrich the Group’s product portfolio and strengthen the Group’s position in the spicy snack food industry.

In terms of channels, through in-depth channel building over years, WL Delicious has a nationwide distribution network that deeply penetrates the Chinese market. In 2023, while continued to strengthen the traditional channels, the Group also embraced emerging channels such as O2O and Snack Specialty Retailers. Further, the Group strived to cover all channels of e-commerce platforms, which formed a strong complement to offline channels. The Group also strengthened consumer interaction through short videos, internal live streaming and influencer live streaming to enhance traffic conversion and repurchase of content e-commerce platforms. At the same time, the Group also actively expanded overseas markets.

In terms of brand, WL Delicious actively strengthened its brand building and engaged with young consumers through novel, interesting and topical activities, thereby capturing consumers’ interest points and creating topics with public communication power, thereby enhancing the brand exposure and visibility of the Group. At the same time, the Group also valued “humanistic core” of the brand, actively participated in brand public welfare activities and fulfilled social responsibilities to improve the Group’s brand image.

Mr Liu Weiping, Chairman of WL Delicious commented, “The year of 2023, for WL Delicious, was a year to take the initiative to innovate and accelerate the omni-channel construction. Facing the consumer environment that is undergoing many changes, WL Delicious remained confident and actively embraced changes and trends. Looking forward to the new year, WL Delicious will continue to innovate, explore multiple categories strategies, embrace the development emerging channels, and continue to strengthen the construction of online and offline omni-channels. We will actively strengthen our brand building and continue to create a brand image that is loved by consumers. We will also strengthen our supply chain, digital capabilities and enhance organizational team building, and constantly improve the Company’s operating efficiency, so as to strive to create values for the shareholders and customers.”

[1] The annual dividend payout ratio of WL Delicious: 86.84%

About Weilong Delicious Global Holdings Ltd

WEILONG Delicious Global Holdings Limited (“WL Delicious”) is an all-in-one spicy snack products enterprise, leading in the research and development, production, and sales of spicy snack foods in China. Based on traditional formulas, WL Delicious started the Chinese seasoned flour products (also commonly known as Latiao industry, created our first Latiao snack in 2001, leading the standards construction of Latiao industry. With our outstanding product development capabilities, the Group has successfully diversified into vegetable products, bean-based products and others, including Konjac Shuang, Fengchi Kelp, 78° Braised Egg and others. The Group has further launched new products like spicy Latiao “BADAO PANDA”, konjac vegetarian tripe “XIAO MO NV” and spicy crisp Latiao “CUI HUO HUO” in 2023, which are quite popular among consumers. In 2023, we have won more than 30 awards, including the “2023 Vibrant Brands Favored by College Students” by the 30th China International Advertising Festival and the “TopBrand2023 Top 500 Chinese Brands” by the Chinese Brand Festival. For more information, please visit https://www.weilongshipin.com/

2024 Raya Lagi Happening with Spritzer Sparkling New Ambassadors

KUALA LUMPUR & TAIPING, Mar 21, 2024 – (ACN Newswire) – SPRITZER brings the happening to Raya with ambassadors Aina Abdul and Syafiq Kyle. Singer songwriter, Aina along with actor and singer Syafiq showcase what it means to “step-out-of-your-comfort-zone” during Raya 2024 through “Tambah Spritzer Sparkling” and highlight the happening – meriah, menarik, fashionable, interesting, exciting.

From Left: Spritzer Ambassador Aina Abdul and Syafiq Kyle

The pair teamed up in the most creative ways; a music video, highlighting the fun effects of adding Spritzer Sparkling bringing new inspiration to your Raya celebration. Both entertainers challenged their talents across areas such as rap, acting as the opposite person (watch the video to understand), and composing, performing Spritzer’s Raya Lagi Happening song were firsts for Aina and Syafiq.

Spritzer encourages everyone to sidestep the monotony of life to experience things you always wanted to do like preparing a special Raya dish for the family, wear uniquely coloured baju or tudung, or make the secret refreshing Tropika Ros Sparkling, also known as “Hero Recipe”, drink with tropical and rose cordial, topped with lychee, from the music video for buka puasa!

Spritzer is hosting a meet and greet, named “Tambah Spritzer Sparkling, Raya Lagi Sparkling” with both ambassadors at IOI City Mall Putrajaya on 30 March 2024, from 3:00 p.m. – 4:30 p.m. at the LG East Court. Join in the fun and inspiration where Aina and Syafiq will perform, get delicious Spritzer mocktail recipes, and take a few photos of the celebrities’ engagement signing with Spritzer!

Spritzer’s management said, “We recommend trying new things, things you always wanted to do. We encourage our staff at Spritzer to get out of their comfort zone, do a dance on TikTok, making Tropika Ros Sparkling recipe to serve your guests during Raya or buka puasa, it brings new thoughts and creativity. Adding Spritzer Sparkling to your Raya celebration can bring the happening.”

Spritzer Sparkling – 2024 Raya Campaign microsite: https://www.spritzer.com.my/spritzersparklingraya2024/
Spritzer Sparkling – 2024 Raya Campaign Youtube video: https://www.youtube.com/watch?v=EX6MeQ88IUc
To learn more about Spritzer and sustainability, visit their website at https://www.spritzer.com.my.

SuperMeat’s Forward-Facing LCA Highlights 50% Decrease in Carbon Footprint of Chicken, the Most Efficient Animal Protein

Tel Aviv, Israel, Mar 21, 2024 – (ACN Newswire) – SuperMeat, a food-tech company dedicated to supplying the world with high-quality cultivated meat, today shared industry-first, forward-looking projections for cultivated chicken based on its landmark continuous production process, outperforming the ambitious benchmarks set for conventional chicken at the start of the next decade.

SuperMeat’s Mediterranean Yakitori

The Life-Cycle Analysis (LCA) was conducted by CE Delft, an independent sustainability research and consultancy firm, to evaluate the anticipated environmental impact of a large-scale production of SuperMeat’s cultivated chicken, offering a glimpse into the future of sustainable meat production.

The assessment provides a detailed comparative analysis between SuperMeat’s 100% cultivated chicken and the most sustainably produced traditional chicken aspired for the outset of the 2030s.

SuperMeat’s cultivated chicken is projected to achieve a carbon footprint approximately 50% lower than the ambitious benchmarks set for conventional chicken production, when integrating renewable energy sources and sustainable production practices in both conventional and cultivated production methods. Even under the reliance on standard grid electricity, a 27% reduction in the carbon footprint of SuperMeat’s chicken is achieved, in comparison to the ambitious conventional chicken benchmark.

This analysis not only showcases the advantages of cultivated meat compared to conventional methods, but shows, for the first time, that cultivated meat could drastically improve the most carbon-efficient form of animal protein available today – chicken – in carbon efficiency and across numerous other measures.

Key findings:

Reduced Environmental Impact: SuperMeat’s cultivated chicken marks a significant 47% reduction in carbon footprint, a 64% decrease in fine particulate matter formation, an 85% lessening in terrestrial acidification, and a 90% cutback in land use compared to traditional chicken farming.Enhanced Feed-to-Meat Efficiency: SuperMeat’s chicken product exhibits a lower Feed Conversion Ratio (FCR) than conventional meats, demonstrating superior efficiency in transforming feed into meat. Specifically, SuperMeat’s FCR is estimated at around 1 vs. 2.8 for chicken, almost three times more efficient.

A Highly Efficient Production Process Fuels SuperMeat’s Sustainability Milestones:

SuperMeat’s continuous production process will be instrumental in achieving the expected sustainability outcomes for its cultivated chicken. The foundation of this analysis is based on practices currently in place at SuperMeat’s pilot plant, underscoring the current effectiveness and feasibility of this approach. The continuous production process allows for significantly higher yields – up to nine times greater than a fed-batch process based on SuperMeat’s data – and is more energy-efficient than fed-batch processes. Moreover, the adoption of high cell densities and the use of spent media in SuperMeat’s process contribute to a favorable feed-to-kg conversion rate. These breakthroughs in cellular agriculture are expected to enable SuperMeat to set these sustainability standards when producing at a commercial scale.

“Efficiency in meat production is no longer a goal; it’s a necessity,” said SuperMeat’s CEO Ido Savir. “Our pilot plant is the proving ground for SuperMeat’s vision of efficiency and sustainability. Through continuous production, we’ve showcased the potential to dramatically increase yields while reducing our environmental footprint, a testament to our dedication to advancing meat production.”

Moving Forward:

SuperMeat remains dedicated to pioneering advancements in sustainable meat production, and will use this LCA as a strategic guide for planning its large-scale production facilities, with a focus on incorporating renewable energy, establishing a sustainable supply chain and enhancing production processes.

For the comprehensive LCA findings, visit SuperMeat’s website.

About SuperMeat:

SuperMeat stands at the forefront of the cultivated meat sector, championing the move towards sustainable, nutritious, and animal-friendly meat production. The company has established a pivotal continuous process, setting a new standard in the production of cultivated meat. SuperMeat has formed strategic partnerships with leading food companies, underscoring its commitment to working together to create a better food system.

Methodology

The research methodology behind SuperMeat’s Life Cycle Assessment (LCA) employs a systematic approach to evaluate the environmental impact of its cultivated chicken product.

The LCA, anchored in the goal and scope definition per ISO 14044 standards, emphasizes an ex-ante approach, comparing SuperMeat’s future production to 2030 ambitious benchmarks for conventional chicken. SuperMeat provided estimates based on specific technological data and efficiency metrics for its large-scale production. The analysis adopts a cradle-to-gate perspective, accounting for all relevant environmental extractions and emissions up to the point of leaving the production facility, including packaging. The assessment critically examines global warming potential among other key environmental metrics, using established environmental databases, ensuring a comprehensive and forward-looking analysis of SuperMeat’s environmental practices.

Contact Information
Osnat Shostak
VP Business Development
osnat@supermeat.com
+1 (917) 855-3348

Shir Friedman
Head of Communication
press@supermeat.com

SOURCE: SuperMeat

View the original press release on newswire.com.

Debut on the Global Sports Stage, Tianyun International Joining Jianlibao to be the joint sponsors and official partners of the “2024 Checkered Flag Music Carnival” of Formula 1 Chinese Grand Prix 2024

HONG KONG, Mar 19, 2024 – (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 fruits products and specialty beverages in China, is pleased to announce that, the Group and Jianlibao Group (“Jianlibao”) will be the joint sponsors of the “2024 Checkered Flag Music Carnival” of Formula 1 Chinese Grand Prix 2024.

Formula 1 Chinese Grand Prix 2024 will be held at the Shanghai International Circuit from 19 to 21 April 2024. This year marks the 20th anniversary of the Formula 1 Chinese Grand Prix and a great comeback to China after 5-year absence of Formula 1. More importantly, Zhou Guanyu, the first Chinese driver to compete in Formula 1, will officially participate in the race in Formula 1 in Shanghai. For the three-day auto racing, there will be a music carnival, with numerous distinguished guests invited, to be held at the Shuijing Square in the Shanghai International Circuit. Tianyun International and Jianlibao together with other international well-known brands will all be exhibiting their best selling products, offering the audiences with visual, audio and taste enjoyments and celebrating such international sports event with each other.

Mr. Yeung Wan Yiu, Vice Chairman and Executive Director of the Group commented, “We are extremely proud to be the sponsor and an official partner of the F1 event. This marks not only an iconic moment but also the fruitful result of our long-term commitment to brand building and international expansion strategy. The joint sponsorship will highlight the brand image of both Tianyun International and Jianlibao through live interactive activities, domestic and international media promotion and putting billboards throughout Shanghai city. Such event is believed to significantly enhance the corporate value of the Group and the sales volume of its products as well as create competitive advantages. Meanwhile, the collaboration acknowledges our team’s efforts and innovative spirit, serving as strong motivation for us to continue moving forward. We believe that partnering with a world-class platform like F1 will not only enable our brand and products to reach a global audience but also present us with new opportunities to engage and cooperate with customers worldwide. Together with Jianlibao, we aim to create a premier Chinese sports beverage industry. We eagerly anticipate the fresh perspectives and experiences gained from participating in this event, and our team is fully committed to delivering an exceptional and unforgettable experience for F1 and its global fan base.”

Mr. Yang Ziyuan, Chairman and CEO of the Group said, “We are honored to have the logos of both Tianyun International and Jianlibao displayed at international F1 events, marking an important milestone as our Group ventures into the international sports arena for the first time. As one of the world’s top automotive events, F1 is renowned for its fierce competition, advanced technology, and eye-catching racing cars. The strong partnership between Tianyun International and Jianlibao in sponsoring prestigious international competitions adds more excitement to the F1 events, providing a richer experience for racing enthusiasts and consumers, while leading a new trend in sports beverage products. Looking ahead, the two brands will continue to strengthen the cooperation in terms of, among others, product promotion, market expansion and branding with an aim to generate synergies, expand market impact and achieve win-win outcomes.”

About Guangdong Jianlibao Co., Ltd.

Guangdong Jianlibao Co., Ltd. is a joint stock limited company established and currently operating in the People’s Republic of China (hereinafter referred to as “Jianlibao”). It is headquartered in Foshan City, China, specifically at the Sanshui International Water Capital Beverage and Food Base. Jianlibao has gained recognition as a renowned enterprise in China with the prestigious title of being a famous brand within the country. It primarily operates within the beverage production and sales industry while also engaging in plastic container manufacturing along with other associated fields. Its extensive sales network spans across more than 30 provinces in China, supported by four beverage production plants capable of manufacturing sports drinks, carbonated drinks, tea drinks, juice drinks, functional beverages, etc. The company boasts several well-known brands including Jianlibao itself along with 5th Quarter, Micro Bubble Water, Love Sports, Super Energy,and Explosive Fruit Soda. Notably, the core brand “Jianlibao” was introduced as China’s first sports drink containing electrolytes back in 1984 when it served as the preferred choice for athletes representing Chinese sports delegation during their participation at the 23rd Olympic Games held in Los Angeles,U.S.A.. It is recognized by the Chinese government as the first batch of “China’s Well-known Trademark” and known as the “Father of Chinese national drinks”, gaining international acclaim from foreign media who described it as “China magic water”. “Sanshui Jianlibao Star”, the world’s first astronomical planet named after a company, has been recorded in history, hanging high in the sky.

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 and (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 complete quality certifications, we rigorously adhere to stringent international production standards and are accredited with BRC (A), IFS Food (High), FDA, HALAL, SC, KOSHER, ISO9001, ISO45001, ISO14001，SMETA and CQM, 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 for consecutive four years. In 2020, the Group was also 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

Moolec Science Presents Second Quarter Fiscal Year 2024 Business Update

Luxembourg, Mar 13, 2024 – (ACN Newswire) – Moolec Science SA (NASDAQ:MLEC) a science-based food ingredient company focused on producing animal proteins in plants through Molecular Farming technology, announced today its Business Update for the second quarter of Fiscal Year 2024 ended December 31, 2023.

Moolec Logo
Moolec Science Logo

The main highlights of Moolec’s business update are as follows:

SOOY1 | Piggy Sooy™ Platform: Third generation (T3) soybean seed propagation has started, and fourth generation (T4) seeds are expected to be harvested in April 2024. A molecular analysis reveals that the current T3 soybean population contains a stable number of porcine myoglobin gene copies consistent with a population that is not segregating.
PEEA1: Scientific team confirms the presence of bovine myoglobin gene in pea seeds and the gene’s stable inheritance across plant generations.
YEEA1: Moolec´s prototyping platform includes a novel yeast strain that is being developed as a dietary supplement and food ingredient, and Moolec has begun the first of several pre-submission consultations with US-FDA.
Product Marketing: The next generation of textured plant-protein prototypes produced at Moolec’s industrial and commercial R&D center were presented to the public in Gulfood 2024.
Financial highlight: Capital Raise of ~$30M with $10M in cash and ~$20M in kind contributions materialized in October 2023 with strategic investors through a convertible note followed by an additional ~$1M raised with farmers in December 2023. Revenues and other income (Ex-IAS 29) of ~$1.7M slightly down QoQ. R&D, Admin and other Expenses in line with historical track record of cost efficiency. Operational cash utilization of ~$4M includes ~$2.7M allocated to lower accounts payable.

“This quarter has been a testament to the dedication and hard work of our team. We have made steady progress in our research and development efforts as well as product development. I am incredibly proud of our team’s delivery and execution. Thank you to the Moolers, and to our partners for their continued support,” stated Gastón Paladini, Chief Executive Officer and Co-Founder of Moolec Science.

“Our financial position reflects our commitment on multiple fronts. The strategic partnerships we have formed, most recently with farmers, will be instrumental not only in our funding health, but also contribute to support Moolec’s product growth and commercialization in the near future,” declared José López Lecube, Chief Financial Officer for the company. He then continued by saying: “As we move forward, we remain focused on maintaining a healthy financial position and are confident in our ability to navigate the next stages of our growth.”

Conference Call

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, March 13, 2024
Time: 08:30 AM Eastern Time (US and Canada)
Link to join the webinar: https://icrinc.zoom.us/j/92375922161?pwd=Qmt6NzdVUGNWaEhTT1NDOHU3Tjlydz09
One tap mobile: +13017158592,,92375922161#,,,,*888246# US
Dial In: +1 301 715 8592 US | Webinar ID: 923 7592 2161, Passcode: 888246
International numbers available: https://icrinc.zoom.us/u/acVKYeTJwM

Please connect 5 minutes prior to the start time to register and join.

A recording of the call and the pdf version of the presentation will be available after the conclusion of the live event via Moolec’s Investor Relations website.

About Moolec Science SA

Moolec is a science-based ingredient company leader in the use of Molecular Farming technology for food. The Company’s mission is to create unique food ingredients by engineering plants with animal protein genes. Its purpose is to redefine the way the world produces animal-based food, for good and for all. Moolec’s technological approach aims to have the cost structure of plant-based solutions with the organoleptic properties and functionality of animal-based ones. Moolec’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 soybean and safflower. Recently, it acquired plant-based ingredient capabilities to consolidate Molecular Farming Technology. Moolec has a growing international patent portfolio (26, 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.

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 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 Moolec’s Annual Report on Form 20-F 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 Moolec’s 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

Investor Relations
ir@moolecscience.com

Michael Bowen
ICR, LLC
moolecir@icrinc.com

SOURCE: Moolec Science

View the original press release on newswire.com.

Spritzer Clinches Dual Honors at the 2023 Putra Brand Awards

KUALA LUMPUR & TAIPING, Mar 4, 2024 – (ACN Newswire) – SPRITZER is pleased to announce that the Company is the proud recipient of two Awards at the prestigious 2023 Putra Brand Awards, Gold Award under Beverage-Non Alcoholic Category to Spritzer, and Putra Brand Personality Award under Special Awards to Founder and Managing Director Dato’ Lim Kok Boon, recognising Spritzer’s continuous commitment to excellence, quality and sustainability.


L-R: Mr Lim Kim Kow, Director of Yee Lee Trading Co. Sdn bhd and Dr. Chuah Chaw Teo, Director of Spritzer	From Left: Nizwani Shahar, 4As Council Member; from Spritzer, – Ann Foo Sook Chuen, Marketing Manager; Dr. Chuah Chaw Teo, Director; Chan Shiao Chew, Head of Marketing and Winnie Chin, Head of Public Relations (Link)

Dato’ Lim Kok Boon, Founder & Managing Director of Spritzer said, “Thank You for the Awards! We owe it all to our incredible team, whose dedication and expertise have led us to today’s victories. With their continued support, we’re confident that we’ll keep achieving excellence.”

Dr. Chuah Chaw Teo, Director of Spritzer said, “We are greatly humbled by Malaysia public’s recognition and trust of the Spritzer brand. This recognition is a significant achievement as it demonstrates consumers’ continuous trust, confidence and preference for Spritzer, thus solidifying our position as Malaysia’s number one beverage choice. We are thankful to the people, our loyal customers, for selecting Spritzer.”

The Putra Brand Award is the premier brand award in Malaysia, organised by the Association of Accredited Advertising Agents Malaysia (4As) in association with the Malaysia’s Most Valuable Brands (MMVB). It is the only brand award endorsed by MATRADE and supported by the Malaysian Advertisers Association (MAA), the Media Specialists Association (MSA) and the Malaysian Digital Association (MDA). The award recognises brand building as an integral business investment, measured by the consumers.

The 2023 Putra Brand Awards presented 149 winners across 24 categories, showcasing Malaysians’ favourite brands in multiple categories. Over 11,000 consumer responses were received from across Malaysia during an 8-week long survey period.

The results were certified by Ipsos, one of the largest global research agencies with over 16,000 staff in 88 countries and endorsed by the Awards’ Board of Governors. For further understanding of Spritzer’s commitment to sustainability, please visit their website: https://www.spritzer.com.my.

Yowie Announces Allergen Packaging Update

CHICAGO, IL, Feb 7, 2024 – (ACN Newswire) – Yowie will be removing the “nut-free” claim from their surprise inside chocolate packaging and adding this notice on all new production packaging moving forward: “Manufactured in a facility that processes peanuts and tree nuts, but not on the same equipment.” Yowie chocolate remains nut-free, however, the manufacturing facility in New York State producing the delicious surprise-inside Yowie chocolates is now producing chocolate containing tree nuts/peanuts in an adjacent section of the plant.

Yowie World - The Home of Rumble, Squish, Ditty, Boof, Crag & Nap

We want to assure our fans that we take nut allergies seriously. While our Yowie treats continue to be crafted on our dedicated nut-free machinery, we’re making this packaging change to be completely transparent about the possibility of cross-contamination. It’s crucial to emphasize that our Yowie chocolate recipe is staying the same, free of peanuts and tree nuts, made with the same consistent dedication to quality since 2014.

Join us on a snacking adventure to raise awareness about wildlife conservation through our six clever and mysterious bigfoot characters: Rumble, Crag, Ditty, Squish, Boof and Nap. Join the adventure to find the bigfoot at www.yowieworld.com, on Facebook, and look for @YowieWorld on Instagram, YouTube and Pinterest.

About Yowie

Did you know that yowie is the Australian word for “bigfoot”?! And that the bigfoot are good and not scary? Their purpose is to protect animals from harm! When danger is present, bigfoot use a unique call of “YOWIE” to warn the animals and bring them to safety. With so many modern dangers, they need your help. They are adventuring all over the globe to help animals in distress and want you to join them on their mystery-cloaked quest. Are you up for the challenge? Will you search high and low for the bigfoot to help them rescue wildlife in danger?? Hurry! The bigfoot are calling!

Yowie Group Ltd. makes the Yowie surprise-inside chocolate. Each Yowie chocolate is molded in the shape of the Yowie characters and contains limited-edition collectible animal toys and a full-color leaflet featuring the real-life animal, its profile and level of endangerment. It’s a treat and learning adventure in one! Our social channels & website are brimming with even more fascinating facts on endangered wildlife, along with adventure-filled activities, games, and competitions. The combo of tasty, clean-label treats, fun animal toys and a digital platform encourages kids to join the adventure to find the bigfoot and help endangered wildlife. Yowie surprise inside chocolates are available in more than 30,000 retail outlets across the U.S. For more information visit www.yowieworld.com.

Contact: Devin Mainville
devin@kmkmedia.com, (779) 221-3764

SOURCE: Yowie Group

Spritzer EcoPark Rings in the Chinese New Year with an Enchanting Spring Celebration

KUALA LUMPUR & TAIPING, Feb 2, 2024 – (ACN Newswire) – Spritzer EcoPark is thrilled to announce its grand celebration welcoming the Spring season with an extraordinary display of vibrant décor, meticulously crafted from thousands of repurposed Spritzer bottles. This innovative initiative transforms EcoPark into a charming old-school festive town, inviting visitors to immerse themselves in the spirit of festivities, sustainability, and cultural richness.

As the Lunar New Year approaches, Spritzer EcoPark becomes a mesmerizing wonderland, adorned with meticulously crafted decorations inspired by traditional symbols of prosperity and good fortune, complemented by soft Chinese New Year music in the background. Additionally, an independently designed motif for Valentine’s Day adds an extra touch of romance and charm to the atmosphere.

From ornate ingots to radiant lanterns, every corner of EcoPark offers a captivating backdrop for capturing Instagram-worthy moments that will be cherished for a lifetime. The illuminated pathways and vibrant displays create a magical ambiance, providing visitors with endless opportunities for unforgettable photos. This enchanting spectacle will be showcased from 27 January to 25 February 2024, with complimentary admission for all.

At the heart of Spritzer EcoPark lies a steadfast commitment to environmental consciousness and sustainable practices. Embracing the values of recycling and repurposing, the park exemplifies Spritzer’s dedication to integrating sustainability into every facet of its operations, from bottle production to community engagement initiatives.

Spritzer EcoPark looks forward to welcoming all visitors to embark on an unforgettable and captivating journey into the Year of the Dragon. Plan your visit today, immerse yourself in the wonders of Spritzer EcoPark and share your enchanting moments on Facebook or Instagram, #SEPCNY2024, where nature and celebration converge in perfect harmony.

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Nissin Foods (Hong Kong) Charity Fund Continues to Support Elite Athletes from The Education University of Hong Kong

HONG KONG, Jan 16, 2024 – (ACN Newswire) – Nissin Foods (Hong Kong) Charity Fund (“Charity Fund”) held the Presentation Ceremony for Nissin Foods Scholarship for Elite Athletes 2023-2024 today, together with The Education University of Hong Kong (“EdUHK”), to present scholarships covering full tuition fees for seven outstanding elite athletes for the 2023-2024 academic year.

Established in 2022 by the Charity Fund and EdUHK, the scholarship is intended to encourage elite athletes taking the Bachelor of Health Education (Honours) programme or the Postgraduate Diploma in Education programme at EdUHK to pursue studies to become educators of health in the future, while continuing to strive for excellence in their athletic performance. The four new awardees for the 2023/24 academic year are: Mr. TANG Cheuk Yiu (shuttlecock), Mr. YUE Ching Ho (tennis), Miss CHAN Wing Yee (woodball) and Mr. Joseph LAU (cycling).

In addition to providing support to new awardees, the Chairty Fund also made it a renewable scholarship which intends to support the elite athletes throughout their study period, so that they could focus on their studies without worrying about their financial burden. The three renewed awardees are: Miss FU Chi Yan (badminton), Mr. CHOI Kwan Lok (cycling, retired) and Mr. Dickson TAM Joe Dick (triathlon, retired).

Mr. Kiyotaka ANDO, Chairman of Nissin Foods (Hong Kong) Charity Fund, said, “In pursuit of our founder, Mr. Momofuku Ando’s belief that ‘Eating and sports are the two axles of health’, we launched the Scholarship together with EdUHK. We believe that, with our support, the awardees could focus on their sports and academic performance. They will become part of the Nissin Team to cultivate healthy lifestyle through food and sports.”

Expressing his gratitude to the Charity Fund for its trust and support to EdUHK, Professor John LEE Chi Kin, President of EdUHK, said, “EdUHK is dedicated to promoting dual-career pathways for local elite athletes. I am delighted to learn that many of these elite athlete graduates have decided to serve in the education sector. I firmly believe that having remarkable courage and perseverance, they will become inspiring torchbearers for younger generations.”

Ms. ZHANG Ling, Sports Ambassador of Nissin Foods and former Hong Kong No. 1 tennis player, said, “As a professional tennis player, I understand very well the many challenges that elite athletes face. I believe the Scholarship for elite athletes could give them peace of mind and enable them to make authentic career decision. I’m proud to be part of a team responsible for creating a better learning environment for potential teachers, which will ultimately help various beneficiaries, including the children in need.”

Accomplished shuttlecock athlete Mr. TANG Cheuk Yiu, a scholarship recipient from the Postgraduate Diploma Programme in Education, in thanking the Charity Fund, said, “This scholarship will enable me to pursue my dream of being a physical education teacher, while continuing my sports career and contributing to society.”

Mr. Kiyotaka ANDO, Chairman of Nissin Foods (Hong Kong) Charity Fund (middle right), and Professor John LEE Chi Kin, President of EdUHK (middle left), attended the Presentation Ceremony for Nissin Foods Scholarship for Elite Athletes 2023-2024 today. Five of the seven scholarships recipients attended the ceremony, the three new awardees for the 2023/24 academic year are (from right to left) Miss CHAN Wing Yee, Mr. YUE Ching Ho and Mr. TANG Cheuk Yiu, as well as the two renewed awardees – Mr. Dickson TAM Joe Dick (first from left) and Mr. CHOI Kwan Lok (second from left).

About Nissin Foods (Hong Kong) Charity Fund

The Nissin Foods (Hong Kong) Charity Fund (“Charity Fund”) was set up in September 2020 by way of a trust deed by Nissin Foods Company Limited (Stock code: 1475). The objectives of the Charity Fund are: a) to advance education, teaching, learning, arts, science and academic research; b) to make provision for people in need; and c) to carry out works of a charitable nature that are beneficial to the Hong Kong community.

Korea’s No. 1 “Single-Serving Pizza” GOPIZZA expands to 27 outlets in Singapore, eyeing Indonesia and Thailand as growth markets

SINGAPORE, Jan 16, 2024 – (ACN Newswire) – Renowned pizza brand from South Korea, GOPIZZA rounded off 2023 with 27 outlets in Singapore. This comes after the addition of six new outlets across northeastern and western zones in Singapore in December 2023 alone. With a base of 17 outlets in 2022, GOPIZZA has grown its store presence in Singapore by almost 60 percent in 2023 compared to the year before. In terms of market share by store count, GOPIZZA now takes third place behind incumbents Pizza Hut and Dominos which have been operating in Singapore for more than two decades.

Starting from a small food truck in Seoul in August 2016, the single-serving pizza company, lauded for its tech-driven process, opened its first brick-and-mortar location in 2018. In May 2019, the company opened its first branch abroad in Bangalore, India. This was followed by branches in Singapore in April 2020 and Hong Kong in March 2021.

“We are very heartened and encouraged by the growth of GOPIZZA’s presence in Singapore. This shows that there is a strong appreciation for fresh, high quality, single-serving pizzas among consumers in Singapore. We are also very thankful to our franchisees for their commitment in helping us make more delicious pizzas available and accessible to all,” said Kelvin Sia, Regional CEO and Head of APAC at GOPIZZA.

GOPIZZA’s healthy growth trajectory can be attributed to the company’s innovative approach to pizza-making, driven by cutting-edge technology and an unwavering commitment to taste-consistency. This is further supported by GOPIZZA’s emphasis on customer satisfaction and its dedication to fostering a strong franchise network.

Based on financial information collected from existing outlets in Singapore, GOPIZZA observed that almost 40 percent of outlets broke even within six months of opening, an achievement that is uncommon in the F&B sector. According to the Singapore Food Agency, the average F&B business runs at an annual operating loss of 8 percent and it takes about 30 months to recoup initial investment[1].

GOPIZZA has a unique franchising model that is designed to help franchisees enter into the F&B market easily and achieve profitability fast. With high start-up costs being a common barrier to entry in the F&B industry, GOPIZZA has managed to cap its setup cost to one-fifth of what F&B businesses usually require. Franchisees also pay a nominal fee that is one-third the standard for brands of a similar nature. The economies of scale that come with an extensive store footprint along with heightened brand awareness among consumers all help to contribute to a viable environment to position franchisees for profitability.

“As fresh graduates, we are excited by the prospect of owning our own business and shaping our own success. My partner and I run the GOPIZZA outlet at Punggol Plaza. Entrepreneurship runs in my blood, thanks to my grandmother who runs her own law firm. I believe she has played an instrumental role in cultivating a spirit of enterprise and commercial sensibilities in me. I appreciate the plug-and-play model that GOPIZZA has designed for scaling the brand,” said Zin Htoo and Afifah Christelle Camut, franchisees of GOPIZZA outlet at Punggol Plaza.

For 2024, GOPIZZA plans to add at least 10 more outlets in Singapore across eastern and central zones, featuring new business formats. GOPIZZA will also be launching new flavours and a series of pizza pop-ups. GOPIZZA is also looking at plans to expand to Indonesia and has most recently entered Thailand with its first outlet.

[1] Source:
https://www.sfa.gov.sg/docs/default-source/food-retailing/guidebook_turning_passion_into_profits.pdf