HONG KONG, Dec 22, 2023 – (ACN Newswire) – Pu’er Lancang Ancient Tea Co., Ltd. (“Lancang Tea” or the “Company”, together with its subsidiaries, the “Group”; stock code: 6911.HK), one of the most famous Pu’er tea companies in China, officially listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) this morning.

This Global Offering for Lancang Tea involves 21,000,000 Shares (assuming the Over-allotment Option is not exercised) at a final Offer Price of HK$10.70 per Offer Share. The gross proceeds of the Company from the Global Offering were HK$224.7 million. The Hong Kong Public Offer was oversubscribed with valid applications received for approximately 13.23 times the total number of Offer Shares initially available for subscription, and the International Offer was also oversubscribed by approximately 1.32 times. The final number of Offer Shares under the Hong Kong Public Offer and the International Offer were 2,100,000 shares and 18,900,000 shares, respectively, each representing 10% and 90% of the total number of Offer Shares initially available under the Global Offering prior to the exercise of any Over-allotment Option.

The history of Lancang Tea brand can be traced back to 1966, and Ms. Du Chunyi, the founder and tea master, has been intimately involved in the tea industry for over 57 years, leading Lancang Tea becoming one of China’s most famous brands of Pu’er tea. With stringent quality requirements running through the entire industrial chain, Lancang Tea is among the very few tea companies in China experienced in raw material management, product development, production, end customer reach and membership services. With a focus on Pu’er tea, the products of Lancang Tea covers black tea, white tea, flavored tea and others. According to the F&S Report, Lancang Tea is the third largest Pu’er tea company in China in terms of revenue generated from Pu’er tea products in China. It is expected in the report that the market size of China’s tea leaf market will reach RMB441.2 billion in 2027, and it is expected that the CAGR of Pu’er tea and black tea will exceed 6.5%, while the CAGR of white tea will even reach 17.1%.

With Lan Cang Gu Cha as its core brand, the Company has developed and structured two product lines, i.e., “1966” and “Tea Mama”. Among them, “1966” focuses on the development, manufacturing and sales of classic Pu’er tea leaf products, serving as the bedrock of the Company’s performance with a revenue proportion maintained at over 65%. This product line is highly regarded among Pu’er tea enthusiasts, with several bedrock products, such as fermented Pu’er tea Shining Gold, having track records of successful iterations. In 2014, the Company has capitalized on its rich product development experience in Pu’er tea to launch the “Tea Mama” product line to expand its business into other types of teas, such as black tea, white tea and flavored tea, and employed tea cups and tea bags to enrich the product portfolio. In 2020, 2021 and 2022, the revenue generated from Tea Mama products was RMB94.8 million, RMB126.7 million and RMB144.4 million, respectively. We believe that with a rich product portfolio, Tea Mama will be the next source of growth. In addition, Lancang Tea launched a new product line, Iland Tea, in July 2022. These products can meet various demands from different groups of consumers, such as Pu’er tea enthusiasts, sophisticated tea drinkers, broader mass consumers and new middle-class consumers with stronger purchasing power.

Leveraged on the ability to source high-quality rough tea leaves, accumulation of unique production techniques and stringent quality control measures, Lancang Tea has consistently launched high-quality products, with unique, recognizable and stable flavor, to the market over the years. The vast majority of Lancang Tea’s tea leaves are sourced from Pu’er, Lincang and Xishuangbanna, the three major production areas of Pu’er tea in Yunnan. In particular, Jingmai Mountain in Pu’er hosts some of the largest, oldest and best-preserved ancient tea tree plantations in the world. According to the F&S Report, Lancang Tea was the largest purchaser of rough tea leaves from ancient tea trees in Jingmai Mountain in terms of procurement volume during the Track Record Period. The ancient tea tree plantations in the region have been included in the World Heritage List since September 2023. Having been developing in the region for many years, the Company has established long-term and strong relationships with major cooperatives in Jingmai Mountain, and Company’s brand image and the popularity of its products are expected to be benefited as the plantations has been included in the World Heritage List.

Lancang Tea has established a comprehensive sales network with omni-channel reach, and the national sales network consists of direct sales and distributor sales. As of December 5, 2023, the Company had 559 offline stores, among which 23 were self-operated stores and 536 were distributor-operated stores. As of June 30, 2023, approximately 70% of the distributors had been part of the sales network for more than three years. At the same time, the Company continued to develop its online business, with online shops established on various well-known online platforms including Tmall, WeChat, Douyin, Kuaishou and JD.com. The Company has also expanded its sales network into key account channels including hypermarket chains and platform-operated online stores.

Ms. Wang Juan, an executive Director and the general manager of Lancang Tea, said, “Today is an important milestone for Lancang Tea, the Company’s successful listing on the Hong Kong Stock Exchange demonstrates investors’ confidence in our long-term development. As the first IPO of Pu’er tea in Hong Kong’s capital market, Lancang Tea will continue to carry out its mission of “persevering in craftsmanship to pursue the genuine taste and presenting wholesome tea leaf products” in the future, and fully capitalize the development opportunities of China’s tea industry, and is committed to building a century-old tea brand through various means such as upgrading and building a modern production, logistics and warehousing center, continuing to expand its sales network, increasing efforts on multi-channel expansion across multiple product lines, expanding the capabilities for product research and development, innovation and iteration, and investing in the construction of digital systems to strengthen its brand image and customer recognition.”

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

KUALA LUMPUR, Dec 14, 2023 – (ACN Newswire) – SPRITZER BERHAD is thrilled to announce the debut of its latest palate enticing product, Spritzer Sparkling Lemon at its campaign “Kelas Tersendiri: Kesegaran Semula Jadi” (“Class of Its Own: Naturally Refreshing”). The unveiling event will take place at a roadshow at Piazza, The Starhill, Bukit Bintang, running from 13th to 26th December 2023, between 10:00 a.m. and 10:00 p.m.

Spritzer Sparkling Lemon (Image link)

Spritzer Sparkling Lemon marks Spritzer’s first flavour extension of carbonated natural mineral water range by the Company since December 2022 rebrand launching of the new packaging under the campaign of “Kelas Tersendiri” (Class of Its Own). The health-conscious choice of beverage boasts zero sweeteners, zero calories, and naturally rich in silica mineral.  The drink combines the essence of natural lemon flavours with the effervescence of natural mineral water sourced from the 130-million-year-old rainforest in Taiping, Perak.

Model, Actor and Singer, Meerqeen, the Ambassador of Spritzer Sparkling is synonymous with stellar performances which are Kelas Tersendiri (Class of Its Own). Both Meerqeen and Spritzer Sparkling encourage everyone to be in a class their own in 2024.

The highlight of the event, “Sparkling New Year Wishes”, provides participants a unique opportunity to reflect on the year 2023 and set new aspirations for the upcoming year together with their loved ones and friends. The event will feature a visually stunning 4-meter-tall Spritzer Sparkling Lemon bottle adorned with screen and LED lights for patron wishes to be displayed, as well as an elegantly lit Christmas tree with a sustainability theme, crafted from Spritzer Sparkling’s distinctive green bottles – both providing the perfect backdrop for Instagram-worthy memories.

At the Engagement Activity – Moment 1, share your New Year wishes of love and hope. Tell your friends how much they mean to you, hint at a marriage proposal or simply send a happy message to the world.  All wishes appearing on the giant LED screen comes with a uniquely personalised bottle of Spritzer Sparkling.

In addition to Personalize Your Own Spritzer Sparkling Bottle!, participants can test their quick response skills by participating in the “Catch the Falling Lemons” game, and redeem a complimentary drink made from Spritzer Sparkling x Monin, a halal multi-flavored French syrup brand, at the “Play, Redeem a Free Drink & Chill” activity.

Last but not least, participants can engage in sharing their moments by uploading a photograph or video from the Spritzer Sparkling event on Instagram, tagging @spritzersparklingmy, for a chance to receive a mystery gift through Spritzer’s “Snap, Tag & Get!” activity.

Indulge in the holiday spirit and New Year aspirations at Spritzer’s “Sparkling New Year Wishes.” Don’t miss the chance to experience the unique, zero-sweetener, zero-colouring, zero-calories, and silica-rich Spritzer Sparkling Lemon, promising excitement with every refreshing sip. Get creative and mix it with your favourite drink for a personalized touch!

For more information about Spritzer Sparkling (@spritzersparklingmy) on Instagram
Spritzer YouTube: https://www.youtube.com/@SpritzerGroup
Spritzer Ambassador Meerqeen, Kesegaran Semulajadi: Spritzer Sparkling Lemon! – YouTube: https://www.youtube.com/watch?v=6J9zp92dYp8
Spritzer Website: https://www.spritzer.com.my/

About Spritzer Sparkling

Spritzer Sparkling fizzes with sparkles and promises more fun and excitement in every refreshing sip. It blends delightfully well with fruit punches and any specialty drinks of your choice. Spritzer Sparkling is indeed a natural & lifestyle drink made with natural mineral water. And now, introducing a new level of zest – Spritzer Sparkling is available in the invigorating Lemon flavor! Elevate your beverage experience with the crisp and refreshing taste that defines Spritzer Sparkling.

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

HONG KONG, Dec 12, 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 fruits products and and specialty beverages in China, is pleased to announce that, today the Group and Linyi City Development and Industry Development Co. Ltd. (“Linyi Development”), entered into a cooperation agreement (the “Cooperation Agreement”) to establish a joint venture (the “Joint Venture Project”), which will be principally engaged in warehousing and the sales of agricultural and processed products. The Group will be able to leverage on Linyi Development’s resources in the storage and the sale of agricultural and processed products to create synergies.

As a state-owned enterprise affiliated to Hedong District Finance Bureau of Linyi City, Shandong Province, Linyi Development is an important pillar for the economic development of the Linyi region. Linyi Development is a diversified business with a wide range of key tasks including urban land consolidation, urban improvement, industry introduction and municipal construction, making outstanding contributions to the integrated and economic development of Linyi City. According to the Notice on the “14th Five-Year Plan for the Revitalisation and Development of the Old Revolutionary Region of Linyi” issued by the Linyi Municipal People’s Government, it is planned to enhance the structural layout of the agricultural industry in the region, to create a supply base for high-quality agricultural products, and to build and operate the project of Linyi International Exchange Centre of Agricultural By-products.

Pursuant to the Cooperation Agreement, Linyi Development shall invest the RMB equivalent of US$95 million into the Joint Venture Project, with a shareholding ratio of 95% in the joint venture and will be responsible for the operation of the Joint Venture Project. The Group shall invest the HKD equivalent of US$5 million into the Joint Venture Project, with a shareholding ratio of 5% in the joint venture.

Through the joint venture, Linyi Development and the Group will promote the development of the local agricultural products marketing and processing industry, and plan to play an important role in the buiding and operating of Linyi International Exchange Centre of Agricultural By-products, injecting new vitality into the local economy.

Mr. Yang Ziyuan, Chairman and CEO of the Group said, “The establishment of the joint venture between Tianyun International and Linyi Development will effectively utilise the strengths of both parties and contribute to the comprehensive and economic development of the Linyi city, and will lay a solid foundation for the establishment of a strong partnership between the two parties. Leveraging on the Group’s extensive resources and experience in the manufacture and sale of processed fruits and beverages, as well as the trading of fresh fruits, the Group will join hands with Linyi Development with a view to achieving the vision of buiding and operating of Linyi International Exchange Centre of Agricultural By-products and leveraging on the Group’s business strengths to capture the brand new opportunities arising from the strategic cooperation and to achieve win-win situation.”

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), FDAã€?HALALã€?SCã€?KOSHERã€?ISO9001ã€?ISO45001ã€?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

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

KUALA LUMPUR & TAIPING, Dec 8, 2023 – (ACN Newswire) – SPRITZER Bhd is proud to announce its ninth consecutive win in the national beverage division, water category, at the World Branding Awards – Brand of the Year 2023. The prestigious award, presented at Kensington Palace, London last night, recognises Spritzer’s commitment to excellence, quality and sustainability.

The World Branding Awards – Brand of the Year 2023-2024 showcased the excellence of over 3,500 brands representing more than 45 countries. Among these, only 250 brands declared as winners, spanning various categories at three distinguished  levels – global, regional and, national.

Left, Winnie Chin, Head of PR of Spritzer Bhd and Right, Richard Rowles, Chairman of World Branding Forum (Image Link)

Ms. Winnie Chin, Head of PR of Spritzer, said, “This award stands as a testament to the exceptional quality of our silica-rich mineral water. It is a tribute made possible by the unwavering support of our loyal consumers, reliable suppliers, and valued business partners.”

The award’s meticulous assessment process comprises brand valuation (30%), public online voting (30%) and consumer market research (40%). A single national award is bestowed upon a brand in each product or service category, representing participating countries.

The World Branding Forum is a registered global non-profit organisation dedicated to producing, managing and supporting a wide range of programmes covering research, development, education, recognition, networking and outreach.

Spritzer’s silica-rich natural mineral water originates from underground aquifers in a pristine 400-acre site in Taiping, Perak, Malaysia, adjacent to a tropical rainforest. The Company is committed to delivering the utmost quality to consumers and also actively champions community initiatives.

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

KUALA LUMPUR, Nov 23, 2023 – (ACN Newswire) – SPRITZER BERHAD is set to transform the cityscape into a playground of creativity and self-expression with the launch of its exciting youth festival, “So Tinge! YouthTopia, Unlock Imaginasimu” at Lalaport Rooftop, Bukit Bintang. The highlight of the festival is an uplifting Hot Air Balloon Ride that will set the stage for a weekend of unforgettable Instaworthy moments and fun experiences.

To kick off this festival, participants will soar above the city and embrace the opportunity to literally “lift themselves up”. The festival encourages attendees to unleash their playful side with a dynamic array of activities, including an eye-catching cosplay showcase, live performances by talented youth bands, and the electrifying sounds of headliner pop-rock sensation, Insomniacks.

Mr. Kenny Lim, Group Chief Executive Officer of Spritzer Berhad, said, “This festival aims to provide a safe and judgement-free space for young individuals to explore, experience, and express themselves on a journey of self-discovery. Through this exhilarating event, we hope to enrich the lives of the youth, offering them a platform to showcase their talents and creativity in a fun-filled atmosphere. “

The two-day event runs from 25-26 November 2023 from 11:00 a.m. until 10:00 p.m. complete with fun activities, such as hot air balloon ride, live bands, instaworthy moments and So Tinge! line of beverages which are fruity sodas made with Spritzer natural mineral water.

Highlights of Day 1, 25 November, include the Hot Air Balloon, live performance by Insomniacks, Youth Live Bands, Street Graffiti by various artists, Fun Activities, Fun Fair Games, Food Bazaar, Flea market and So Tinge! Fruity Bar to quench your thirst.

While on Day 2, 26 November, the fun continues with the Hot Air Balloon, Kpop Random Play Dance, Cosplay Contest, Fun Activities, Fun Fair Games, Food Bazaar, Flea Market and So Tinge! Creative Bar where participants can indulge their taste buds in a unique blend of flavours.

Spritzer invites all youth to be brave in expression, empowered to be their-true-self and invoke imagination at the two-day, judgement-free So Tinge! YouthTopia event and indulge their taste buds in thirst quenching fruity soda made with natural mineral water.

For additional information about So Tinge YouthTopia, visit, myc.my/sotingeyouthtopia.

Capture your Instaworthy experiences of So Tinge YouthTopia, www.instagram.com/spritzer.sotinge/.

To learn more about Spritzer, visit their website at www.spritzer.com.my.

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

HONG KONG, Nov 21, 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 fruits products and and specialty beverages in China, is pleased to announce that on 20 November 2023 (after trading hours), the Company entered into the Subscription Agreement with Jianlibao Asia Limited (“Jianlibao Asia”) to subscribe for the shares in Jianlibao Asia at a total consideration of RMB300 million. Upon completion of the Subscription, the Company will hold approximately 8.40% of the enlarged issued share capital of Jianlibao Asia and hold an indirect interest of approximately 4.76% to 5% in Guangdong Jianlibao Co., Ltd. (“Jianlibao”). At the same time, the Company intends to further increase its effective interest in Jianlibao to approximately 20%.

The Group, as a leading player in the health food and beverage industry, provides consumers with premium sports drinks products that effectively supplement nutrition and promote optimal well-being. Leveraging on Jianlibao’s robust branding, diversified product portfolio, efficient supply chain, strong research and development capabilities, digitalization and intelligence, as well as its extensive market resources, coupled with its competitive advantage in term of sales channels, the Group aims to further explore the growth potential of Tianyun International.

Through developing diversified, premium and distinctive products, these will enable us to expand our presence in the sports drinks industry and other related sectors while promoting premium sports drinks globally. Our objective is to establish an inspiring Chinese national brand that enhances both brand effect and international reputation.The two companies will collaborate to establish a world-class Chinese sports drink industry, foster a mutually beneficial environment, establish close partnerships across various sectors including sports drinks, and expand sales networks in overseas markets and other sales channels.

With the growing public health awareness, there is an increasing market demand for sports drinks. According to China’s “Healthy China 2030” plan issued by The State Council of China, it is projected that the number of individuals who regularly engage in sports and fitness activities will reach 530 millions by 2030, creating substantial demand for the sports drink industry with daily consumption becoming more prevalent. This trend can drive continuous sales growth. According to data from iiMedia Research, China’s sports drink market is expected to reach approximately RMB21.6 billion by 2024, indicating significant growth potential in the market.

Mr. Yeung Wan Yiu, Vice Chairman and Executive Director of the Group said, “This partnership will fulfill our development strategy of establishing a globally renowned Chinese national sports drink brand; marking a major milestone in our business strategy in expanding and leading Tianyun International to develop into a large-scale transnational food and beverage industry. This acquisition not only aligns with our mission of introducing top-quality and innovative products worldwide but also accelerates sustainable development of our own brand business both domestically and internationally; thereby realizing our vision of becoming an international food and beverage enterprise while generating maximum value for shareholders.”

Mr. Yang Ziyuan, Chairman and CEO of the Group said, “Tianyun International and Jianlibao share similar corporate cultures and philosophies, as well as have a strong commitment to providing consumers with high-quality and healthy choices. The Group is confident that this investment will establish a strategic partnership with Jianlibao and bringing significant synergies. Both parties will benefit from abundant resources in branding, sales and marketing, research and development, procurement, logistics, and management. This collaboration aims to deepen cooperation and expand both of our international and domestic sales networks. It also seeks to increase market share by promoting high-quality products globally while enhancing cost efficiency for mutual success.”

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. The company’s business scope encompasses research and development, production, and sales of food and beverages including bottled drinking water; other alcoholic beverages such as prepared wine; food additives and related raw materials; packaging materials; beverage packaging machinery sales; warehousing services (excluding hazardous chemicals); domestic trade; electronic commerce; importation and exportation of various commodities and technologies on an operational or agency basis. 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

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