The 3rd Global Food Security & Sustainability Summit 2023

DA NANG, VIETNAM, Aug 15, 2023 – (ACN Newswire) – The 3rd Global Food Security & Sustainability Summit 2023 is delighted to announce its upcoming event. As a gathering of the most influential minds in food security and sustainability, the summit is set to take place on the 29th of August, 2023 in Danang, Vietnam.

This year's theme, "Innovating for Sustainability: The Future of Agriculture and the Food System", aims to highlight the importance of sustainable innovation in shaping the future of agriculture and the overall food system. The summit will provide a platform for leading experts and stakeholders in the field to exchange insights, discuss strategies, and identify solutions for pressing issues related to food security and sustainability.

Speakers at the summit include esteemed figures such as Remi Nono Womdim, Representative of the Food and Agriculture Organization of the United Nations (FAO) in Viet Nam; Nguyen Anh Phong, Director of The Information Centre for Agriculture and Rural Development (AGROINFO); and Hoang Thanh Vinh, Program Analyst at the Climate Change and Environment Unit (CCEU) at UNDP. The speaker line up also includes Caleb Wurth, Regional Director of Southeast Asia and Oceania for the U.S. Grains Council; Timothy Loh, Regional Director, S.E. Asia & Oceania, U.S. Soybean Export Council (USSEC), Singapore; and Vu Thi Khac, Director Of Science and Quality Management Department, Institute Of Science Technology and Environment

Key topics to be discussed during the summit include:

1. Agriculture's Future is Driven by Sustainable Innovation
2. Managing Risk and Reacting to Volatility: Farmers' Perspective
3. Agriculture's Future: What to Expect?
4. Implementing New Generation Techniques for Commercial Agriculture
5. Reducing Food Loss Amid the Global Food Crisis
6. Climate Smart Agriculture: Stimulating Sustainable Production and Building New Market
7. When Sustainable Aquaculture Comes to The Rescue of Environmental Preservation
8. Smart Commodities – Enabling Supply Chain Traceability from Farm to Fork
9. How is Agriculture Providing a Safe Haven for Investment?
10. Elevating the Sensory Experience: Advancing Taste, Texture & Performance
11. Food Security: Providing Sufficient Safe, Nutritious and Healthy Food for Everyone.
12. Food Inflation and Nutrition Security Situation in Developing Asian Countries.

The summit will be co-located with The 15th Annual Global CSR & ESG summit and awards 2023, allowing participants to attend both events for a comprehensive and enriching experience.

For more information about the 3rd Global Food Security & Sustainability Summit 2023, please visit https://foodsecure.global/

About The 3rd Global Food Security & Sustainability Summit 2023

The 3rd Global Food Security & Sustainability Summit 2023 is an annual gathering that brings together global leaders, experts, and stakeholders in the field of food security and sustainability. The summit aims to promote innovative and sustainable solutions for global food security and the future of the agriculture and food system.

Press Contact:
Chelvan Naicker
chelvan@pinnaclegroup.global
+65 81803575

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

“Set Role Model” for the high-quality and sustainable development of industry, Youran Dairy received the highest rating of MSCI ESG in the upstream dairy industry for its first evaluation

HONG KONG, Aug 10, 2023 – (ACN Newswire) – On the occasion of the World Dairy Industry Conference held in Hohhot from August 4th to 7th, the latest ESG (Environmental, Social and Governance) rating results released by Morgan Stanley Capital International (MSCI), an international authoritative index agency, showed that Youran Dairy received a BB rating for its first evaluation, which is currently the highest MSCI ESG rating in the upstream dairy industry in China.

It is reported that MSCI ESG rating is an important standard for global investors to measure the development sustainability and social responsibility of listed companies. With its authority, objectivity, impartiality, and practicality, it has become the most mainstream investment reference basis in the current international capital market.

According to data, Youran Dairy regards ESG as a part of its core competitiveness, which has risen to a strategic level. From strengthening top-level design and building a comprehensive ESG system, to leveraging technological advantages to lead the industry's green and low-carbon transformation, empowering digital intelligence to improve efficiency and sustainability, using breeding technology to assist in biodiversity conservation, and using high-quality and distinctive raw milk to safeguard consumer nutrition and health, this leading enterprise in the upstream dairy industry has become a new model for the industry to promote ESG practices.

Leverage the technological advantages of the "Dairy Technology Group"
Become a green and low-carbon "leader" in the upstream dairy industry
Green and low-carbon characteristic is the core proposition of ESG work. As a leading enterprise in the upstream dairy industry, business of Youran Dairy fully covers the entire industry chain of "breeding industry, forage grass, feed, dairy farming, and industry chain trading center" in the upstream dairy industry. Green and low-carbon measures penetrate all businesses, forming carbon emissions reduction system for the whole industrial chain.

In terms of breeding, Youran Dairy utilizes its own dairy cattle breeding technology to cultivate "super dairy cows" with low carbon, high yielding and longevity. SKX, a subsidairy of Youran Dairy, is the largest dairy breeding enterprise in China. By conducting research on important genes or molecular markers related to methane and other carbon emissions in the entire genome data of dairy cows, the aim is to cultivate a low-carbon core herds. It is worth noting that SKX is still the first enterprise in China to use Greenfeed equipment to monitor carbon emissions, which can efficiently screen low-carbon emission sires.

In terms of research and development of low-carbon feed, as the largest ruminant feed producer in China, Youran Dairy has reduced carbon emissions from dairy cows by researching the low-carbon feed for ruminants, exploring and developing the key technologies for healthy and low-carbon farming such as energy and nitrogen balance technology and enzyme engineering nutrition regulation technology. The greenhouse gas emissions from cows were reduced by improving feed conversion rate.

In terms of developing green power, Youran Dairy makes full use of photovoltaic and biogas resources, realizing the use of green power at 100% of dairy farms. At present, Youran Dairy has introduced the mode featured by the complementation of dairy farms and photovoltaic resources in many new projects and realised the green economy of "raising cows in the cowshed with photovoltaic resources on the roof", which not only reduces the cost of building dairy farms, but also effectively insulates the heat, reduces the temperature of the cowshed and makes cows feel more comfortable, thus satisfying 40% of the electricity consumption of the dairy farms. Youran Dairy has also laid out power generation projects with biogas from the back-end and a dairy farm with 10,000 cows can produce about 6.25 million cubic metres of biogas annually. With an annual power generation of up to 11.5 million kWh, Youran Dairy has realised full power generation, which is capable of satisfying 60% of the electricity consumption of the dairy farms. With photovoltaic and biogas power generation, electricity consumption of dairy farms can be fully satisfied and the use of green power at 100% of dairy farms was realised.

In addition, given to the mode featured by the combination of "planting forage grasses and raising cows", manures are turn into products of value to create ecological agriculture, which is also a powerful measure for Youran Dairy to reduce carbon consumption and increase efficiency, and to promote the green and low-carbon development of the industry. Youran Dairy has independently researched and developed a fully mixed biogas anaerobic fermentation process and a fully automatic intelligent aerobic fermentation process. Manures are automatically controlled and processed during the process of collection, mixing, solids and slurries separation and fermentation. The system can recycle and reuse all the gases which are generated during the process of fermentation, which can achieve deodorisation effect. Through full power generation from biogas, low-carbon emission reduction was realized. Solid manures after non-hazardous treatment serve as bedding materials, and liquid parts are made into organic fertilisers for land application, which can effectively improve soil fertility and provide sufficient resources for planting high-quality forage grasses.

While exerting its own technological advantages, Youran Dairy also actively cooperated with authoritative institutions and jointly promoted green and low-carbon development through the deep integration of industry-university-research cooperation. Youran Dairy conducted cooperation with the Institute of Agricultural Environment and Sustainable Development of Chinese Academy of Agricultural Sciences and the Institute of Animal Sciences of Chinese Academy of Agricultural Sciences, and has successively undertaken the "the Research and Application of Comprehensive Technologies on Carbon Neutrality and Carbon Emission Reduction in the Breeding Process on Scaled Dairy Farms" and "the Establishment of the Carbon Emission Monitoring and Alarming Platform and the Demonstration Application of the Low-carbon Feeding Model with Emission Reduction in Cows Breeding" of the Ministry of Science and Technology of the People' Republic of China and local authorities to carry out research on low-carbon emission reduction and promote carbon neutral in cows breeding.

And just during the 14th China Dairy Industry Conference, Youran Dairy signed strategic cooperation agreements with the Institute of Animal Sciences, the Institute of of Feed, and the Institute of Grassland of Chinese Academy of Agricultural Sciences and the cooperation areas include the research on low-carbon in cows breeding and the development of low-carbon feed.

Besides, Youran Dairy also vigorously introduced electric vehicles, air source heat pumps and other new technological equipment. In 2022, ecological intelligent dairy farms in Chilechuan became the first in the industry to use electric vehicles to transport raw milk. Through power electrification and by accelerating the transformation of the energy structure, the company gradually made "Zero-Carbon Dairy Farms" come true and accelerated the pace of "Carbon Neutrality".

Advanced breeding technologies
Technical supports for biodiversity conservation
Biodiversity loss has been regarded as one of the rapidly deteriorating global risks in the next decade, and a number of ESG rating systems, including MSCI ESG, have taken biodiversity as one of the key indicators. With the advantage of leading breeding technology, Youran Dairy is contributing to promote the sustainable development between species and ecosystems.

It is understood that Youran Dairy established the efficient clone technology system on cows, deer, dairy goats and other animals, to provide technical support for the protection of biodiversity of Inner Mongolian plateau animals and germplasm resources. Saikexing, a subsidairy of Youran Dairy, worked with Inner Mongolia University to co-found a germplasm resource bank, which collects unique and highly adaptable livestock (including cattle, sheep and horses) with characteristics of disease and stress resistance, and wild animal species resources in the Mongolian Plateau covering 168 animal species and over 30,000 samples (including cells, semen, and embryos).

In the meantime, Youran Dairy also focuses on collecting and breeding more than 20 unique farm animals (such as Mongolian cattle, Mongolian sheep, Mongolian horses), and carries out related genetic and breeding application research. Based on the development of new technology of efficient cloning of livestock. In subsequent periods, Youran Dairy will utilize stem cell gene editing, clone breeding and other modern biological breeding technologies to innovatively breed new lines of functionally enhanced dairy cows with specific production performance, disease and stress resistance and adaptability to specific environments, so as to provide the basic genetic material and key technical support for the protection of biodiversity in the region.

"Threading the needle" with digital intelligence
Fully enhance efficiency and sustainability
In addition to technological assistance to corporate ESG practices, Youran Dairy also "threading the needle" with digital intelligence, organically connecting all links of the whole industry chain "from grass to milk", opening up the five major business segments of breeding, grass, feed, dairy farming and the e-commerce platform of the Jumuc.com, leading the digital and intelligent transformation of the dairy farming industry and comprehensively improving the efficiency of production and operation as well as sustainability.

The most notable one is the Chilechuan Ecological Intelligent Pasture, a green low-carbon tourist dairy farm that crowns the world with its high intelligence built by Youran Dairy, and the introduction of the world's most advanced intelligent equipments, including unmanned milking robots, feeding robots, feed pusher robots, and dung cleaning robots, which lead the industry to enter the era of "unmanned cattle-raising".

Through intelligent equipment and management systems, the intelligent cowshed of the Chilechuan Ecological Intelligent Pasture has dramatically increased the yield, production and quality of dairy cows, and improved the efficiency and sustainability of dairy farming, while reducing the costs of labor, feed, water and electricity. According to the data, the average milk yield of dairy cows can be increased by more than 10% under this mode, the estrus rate can be increased by 15%-20%, the breeding rate can be increased by 10%-15%, and the precise spraying is expected to save water by 40% annually.

Besides, as a representative of the new large-scale and intelligent farms of Youran Dairy, Wuwei Farm has achieved a milestone breakthrough in China's dairy farming industry in the second year of production with a single yield of over 49 kilograms under the lean operation and digitization empowerment. It has been certified as "China's highest milk production farm per day" and has become the first dairy farm in China with the highest single yield of dairy cows.

Constructing an innovative model for R&D and production of specialty raw milk
Protecting consumers' health at the source of dairy products
As the leading enterprise in the upstream of dairy industry, Youran Dairy creates a mutually synergistic operation mode of the whole industry chain, achieves the positive cycle with "outstanding breeding brings outstanding cows, fine feed for fine cows and excellent cows producing excellent milk", and improves the quality of raw milk. Besides, Youran's quality control from the source is also one of the key reasons why it has received the highest industry rating of MSCI ESG.

Over the years, You Ranch has continued to research and develop and produce high-quality raw milk with high nutritional value to protect the quality, nutrition and health of dairy products from the source, and the nutrition and hygiene indicators of raw milk are much higher than those of Europe and the United States.

Focusing on the increasing diversified nutritional and health needs of consumers, Youran Dairy has successfully constructed the "innovative model for R&D and production of specialty raw milk with high added value", which makes the dairy products achieve specialized, high-end and refined development through population segmentation, functional segmentation and scene segmentation, and has researched, developed and produced healthy specialty raw milk with high nutritional value and functional properties. Taking DHA, which is known as "Naohuangjin", as an example, Youran Dairy has studied the metabolism mechanism of DHA in cows and use coating techniques to make DHA efficiently absorbed and converted into raw milk rich in DHA.

After years of in-depth research and development and market practice, Youran Dairy has become the largest specialty raw milk supplier in China, producing a wide range of specialty raw milk, such as organic milk, organic A2 milk, jersey milk, organic jersey milk, A2 milk, original DHA milk and selenium-rich milk.

Looking forward, Youran Dairy stated that it shall continue to insist on the organic combination of commercial value and social value and give full play to the technological advantages of the Group to promote the low-carbon and environmental protection development of the whole industry and accelerate its pace of revitalisation of the dairy industry. Meanwhile, it will also protect the health of the nation with more high-quality raw milk products with high nutritional value and promote the high-quality and sustainable development of the industry.


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

HKTDC Food Expo kicks off next week with inaugural Food Expo PRO

HONG KONG, Aug 8, 2023 – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), the much-anticipated HKTDC Food Expo, HKTDC Beauty & Wellness Expo, and HKTDC Home Delights Expo will run from 17 to 21 August at the Hong Kong Convention and Exhibition Centre (HKCEC). The inaugural Food Expo PRO will be staged with the returning Hong Kong International Tea Fair at the same venue from 17 to 19 August. At the five events will be more than 1,700 exhibitors, providing a one-stop sourcing and shopping platform for trade buyers and the public to enjoy global cuisines and lifestyle products.


Sophia Chong, HKTDC Deputy Executive Director, announced the full programme and key highlights of this month's events at today's press conference.

The Food Expo brings you the best of the world's cuisines, with a wide range of speciality food and beverages, including the Isey Skyr, the unqiue Icelandic yoghurt, 100% handmade and original tinned cakes, frozen cocktail ice lollies from the Netherlands and made-in-Hong Kong black truffle gelato.

Ticketing partner AlipayHK and Alipay representative, Keith Cheung (L), Head of Marketing, AlipayHK, meets Sophia Chong (R), Deputy Executive Director of the HKTDC at the press conference.


In addition, the International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM), organised by the Modernized Chinese Medicine International Association (MCMIA) together with the HKTDC and eight scientific research institutions, will be held at the same venue on 17 and 18 August to offer the latest industry information and promote the development of Chinese medicine.

Introducing highlights of the August's events at a press conference today, Sophia Chong, HKTDC Deputy Executive Director, said: "This year's Food Expo marks our first large-scale public food exhibition with tasting opportunities since the pandemic restrictions were lifted. We have renamed the former Food Expo Trade Hall as Food Expo PRO this year to serve the needs of the catering industry. Coinciding with several exhibitions and the International Conference of the Modernization of Chinese Medicine and Health Products, these events will provide an excellent platform for both industry professionals and the public to explore and learn about diverse gourmet cuisines, beauty and fitness products, healthcare information, and trendy homeware. Boosted by the positive influence of the Consumption Voucher Scheme, we anticipate welcoming large crowds to the events."

Food Expo PRO – Showcasing a vast array of the latest and specialised product trends (17-19 August)

This year, the Food Expo's Trade Hall is renamed as Food Expo PRO. The first two days will be open to trade buyers, while the last day (19 August) will be open to public and trade buyers. The Food Expo PRO will showcase food and beverage products from 20 countries and regions, with 21 pavilions from Indonesia, Japan, Korea, Mexico, Poland, Thailand, and from Mainland China's provinces including Fujian, Heilongjiang, Hunan, Jilin, Sichuan, Zhejiang, and more.

Exhibitors from all over the world will showcase various food, service, and technology that reflect the latest product trends, such as Korea's flavoured pickled seafood, Singapore's traditional coffee with unsweetened oat milk, Poland's smooth and mild fruit-flavoured vodka, and essence of mushroom (Yun-zhi) product from the Chinese Medicine and Health Food zone.

On top of diverse exhibits, the fair also provides more specialised and comprehensive information.

The new Food Science and Technology Zone will showcase innovative food processing technologies, such as peanut protein-based and alternative plant-based chicken products developed by food tech start-ups, and non-alcoholic beers developed by local academic institutions. Two of Food Tech Symposium sessions will be held during the fair, with the Hong Kong Productivity Council, the Controlled Environment Hydroponic Research and Development Centre and the Technological and Higher Education Institute of Hong Kong discussing the development of emerging technologies in the food industry in Hong Kong, and food technology start-ups sharing how technology is reshaping the F&B and retail industries.

Hong Kong International Tea Fair: Promoting world famous teas and facilitating cultural exchange (17-19 August)

Hong Kong International Tea Fair will be open to trade buyers on the first two days of the fair, and to trade buyers and the public on the last day (19 August). There will be 10 pavilions, including the first-time participation of Kenya Pavilion, and returning exhibitors from Sri Lanka, and Mainland China's Fujian, Guizhou, Hunan, and Jiangsu provinces, showcasing famous teas, tea products and tea wares. Highlighted products include the modern version of Chaoshan Gongfu Tea, enriched and concentrated milk tea, and Japanese handcrafted Tetsubins (cast iron kettles), amongst others.

The Hong Kong International Tea Fair Tea Competition 2023 will be held with awards such as "The Best Aroma Award" and "The Best Taste Award", selected by professional tea judges in a blind tasting. Attendees will be able to sample the winning teas free of charge on the morning of 19 August.

The two trade fairs will continue to be held under the hybrid exhibition model EXHIBITION+, allowing global food and tea buyers to view exhibitors recommended by artificial intelligence (AI), and to arrange and conduct online meetings with exhibitors through Click2Match, a smart business matching platform, from 10 to 26 August, in addition to the physical trade fairs. For the first time, the Food Expo PRO and Hong Kong International Tea Fair will pilot Scan2Match, which is designed to help buyers connect with exhibitors seamlessly from offline to online.

Food Expo – A culinary voyage around the world (17-21 August)

The 33rd edition of the Food Expo presents the Public Hall and Gourmet Zone, that will showcase global cuisines and dining options from around the world, will be open to the public for five consecutive days from 17 to 21 August 2023. The Gourmet Zone will feature nearly 100 exhibitors showcasing the finest cuisines from Asia, Europe and the United States, with desserts, organic greens and fine coffees from all over the world, making it a must-attend event for those who are in appetite for the finest cuisines.

This year, the newly introduced Wine Whisky Wonderland zone brings fine wines from all over the world, and there will be a special K-Food zone for food lovers to keep abreast of Korean culinary trends and culture.

The Public Hall will feature various exhibitors, including more than 30 well-known brands, such as Maxims, Tai Pan, Nissin, Sau Tao, Tao Ti, Kee Wah Bakery, Wing Wah, and Four Seas Group in the Premium Food zone.

The Food Expo also features speciality food and beverages, including Isey Skyr, the unique Icelandic yoghurt,100% handmade and original tinned cakes, frozen cocktail ice lollies from the Netherlands, organic collagen jelly from Korea, made-in-Hong Kong black truffle gelato, and more.

Back again will be the ever-popular cooking demonstration at the Star Kitchen. This year, 18 sessions of Star Chef Cooking Demonstration will be staged at Food Expo. They include Ronald Shao, Executive Chef of Mian; Hung Chi Kwong, Executive Chinese Chef of Run at The St. Regis Hong Kong; Adam Wong, Executive Chef of Forum Restaurant – Ah Yat Abalone; Chan Sai Fai, Executive Chef (Dim Sum) of Chuan Palace; Au-Yeung Chung Kei, Executive Chef of YUE; and Olivier Elzer, French founder, and mastermind behind Clarence.

In collaboration with the Environment and Ecology Bureau's Committee on Reduction of Salt and Sugar in Food, and the Centre for Food Safety, the expo will invite famous chefs to demonstrate "less salt and less sugar" recipes to advocate the ethos of healthy eating in the city. On 19 August, media veteran Jacky Chan will host the Chef's Dialogue featuring three renowned Hong Kong chefs who will share their cooking and dining tips and secrets. There will also be several exciting events during the expo, including seminars and talks, wine tasting workshops and exhibitor presentations.

Beauty & Wellness Expo – Rejuvenating the natural beauty from within (17-21 August)

The seventh Beauty & Wellness Expo will showcase a wide range of beauty, cosmetic, hairdressing, fitness and wellness products. In addition to the major pavilions hosted by the Federation of Beauty Industry (H.K.), Hong Kong Hair & Beauty Merchants Association, International Beauty & Health General Union, The Cosmetic & Perfumery Association of Hong Kong Ltd, and Hong Kong China Federation of Bodybuilding & Fitness Limited, there will be new pavilions presented by the CIDESCO International CICA Association of Esthetics and Association of International Aesthetics Management.

In addition, Hieggo Pavilion will be exhibiting for the first time at Beauty & Wellness Expo, bringing with it a wide range of health products, with Lawrence Cheng and other guests sharing wellness knowledge at the fair. The expo will showcase an extensive variety of health and beauty products. These include the Pulseroll Vibrating Massage Roller from the United Kingdom, the DR. SCHAFTER Advanced Derma Laser Skin Peel, the FOOTDISC Anti-Fatigue Insoles and the Sericin Poria Pore Refining Booster.

A series of informative and exciting activities will be held including an "Introduction to Mental Health" sharing session organised by Mind HK; a preview of the 2023 IFBB Hong Kong Fitness Awards Charity Open Championship; a seasonal autumn/winter make-up demonstration by expert Edmon Wong; and seminars on topics such as Japanese manicure, slimming and nutritional dieting, and more.

Home Delights Expo – Igniting an ideal smart home (17-21 August)

The ninth Home Delights Expo will showcase smart home products, kitchen appliances, kitchenware, tableware, and household products. The Avenue of Delights will feature over 40 exhibitors and several lifestyle brands, including Towngas, ZWILLING JA Henckels, A-Fontane, LAURASTAR, Tiger, and German Pool. The expo will present new home products, including the Hydrogen Plus Cold & Hot Purifier, MasterMind, an AI massage chair equipped with voice control and bespoke functions, and a sterilisation machine for cleansing knives, chopsticks, and cutting boards by Zhang Xiao Quan.

This year, the Hong Kong Furniture and Decoration Trade Association pavilion will continue to showcase home design elements that integrate technology into people's daily lives to build an ideal smart home. In addition, the Creative Corner will provide a platform for young start-ups to promote and sell their products. Apart from cultural and creative products, the public can participate in exciting activities such as bonsai design and dried flower gift making workshops.

ICMCM – High-calibre experts discuss the inheritance and innovation of traditional Chinese medicine (17-18 August)

The Modernized Chinese Medicine International Association together with the HKTDC and eight scientific research institutions will present the latest International Conference of the Modernization of Chinese Medicine & Health Products (ICMCM), offering invaluable Chinese medicine insights and information for industry participants.

This year's theme is "Inheritance and Innovation of Traditional Chinese Medicine", featuring 18 keynote speakers, including experts from the United Kingdom, Singapore, Japan, Korea, Mainland China, and Hong Kong who will discuss new Chinese medicine research and development and share successful product commercialisation cases. Running in a hybrid format, the conference will stimulate and facilitate exchange of ideas among speakers and participants. By attending the conference, registered Chinese medicine practitioners in Hong Kong may also apply for Continuing Medical Education (CME) credits.

Promoting electronic payment with Consumption Voucher Scheme and daily lucky draw

with the second instalment of the Consumption Voucher Scheme rolled out, the HKTDC is encouraging exhibitors to embrace electronic payment methods to streamline transactions and enable a more convenient and efficient shopping experiences for the public.

The "Lucky Draw" will take place daily during the exhibition period with prizes including hotel accommodation and buffet vouchers, homeware, skincare products, gourmet food, health products and fitness classes. Spending HK$200 or more on a single receipt allows visitors to enjoy one lucky draw entry, with a maximum of five entries per receipt. The HKTDC's promotional website, "August Happy Buy", continues to help the public keep abreast of the latest shopping information, various flash sales, "HK$1" offers and more than 160 shopping coupons will be given away. In addition, the HKTDC will also launch a "BYO Utensils for Bonus Rewards" campaign to encourage people to support environmental protection, and some exhibitors will give bonus offers to those who bring their own utensils.

E-tickets are available for sale at AlipayHK, Alipay (HKTDC's ticketing partner), which offers a HK$3 and Rmb3 discount for every transaction. Other sales outlets include the 01 Space e-ticketing platform, all 7-11 and Circle K convenience stores, and via the Octopus App. Physical ticket sales for the August exhibitions will not be available at the fairground. Instead, toll booths will be set up at the entrance to allow visitors to use their AlipayHK, Alipay or Octopus card for admission instantly. The HKTDC has also extended the discounted morning and night admission tickets for the public to visit the exhibitions during non-peak hours on designated dates.

Websites
– HKTDC Food Expo PRO: https://foodexpopro.hktdc.com
– HKTDC Hong Kong International Tea Fair: https://hkteafair.hktdc.com
– HKTDC Food Expo: https://hkfoodexpo.hktdc.com
– HKTDC Beauty & Wellness Expo: https://hkbeautyexpo.hktdc.com
– HKTDC Home Delights Expo: https://homedelights.hktdc.com
– The International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM): https://icmcm.hktdc.com
– August Happy Buy website: https://ecoupon.hktdc.com/food/
– Photo download: https://bit.ly/45il75B

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries

HKTDC's Communications and Public Affairs Department:
HKTDC Food Expo, HKTDC Beauty & Wellness Expo
Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org

HKTDC Food Expo PRO, HKTDC Hong Kong International Tea Fair, ICMCM
Frankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.org

HKTDC Home Delights Expo
Clementine Cheung, Tel: +852 2584 4575, Email: clementine.hm.cheung@hktdc.org

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

KCG (SET: KCG) Moves Ahead with Plans for Technological Upgrades and Production Expansion, Fostering Sustainable Growth through Innovations

BANGKOK, Aug 3, 2023 – (ACN Newswire) – KCG Corporation Pcl. or KCG, a leading manufacturer, distributor, and importer of butter, cheese, and consumer products from around the world, has taken a step forward in expanding its investments after being listed on the Stock Exchange of Thailand (SET). KCG showcases a clear investment plan to increase production and enhance distribution center systems, as well as modernize its storage facilities. KCG aims to develop products and innovations for creating pleasure of food taste in every meal, catering to consumers of all ages and genders, ensuring sustainable growth.

Dr. Watit Tamavimok, CEO and Managing Director of KCG Corporation Public Company Limited ("KCG" or the "Company"), reveals that the Company's shares will be traded for the first time on the SET in the Agro & Food Industry – Food & Beverage under the symbol "KCG." The Company is confident that its long-established and strong foundation will attract investors' interest, as KCG aspires to become a leading manufacturer and importer of butter, cheese, and consumer products from around the world.

KCG has planned investments for the years 2023-2024, intending to increase the production capacity of individually wrapped processed cheese slices from the current 2,106 tons per year to 4,212 tons per year within this year. Additionally, the butter production capacity at its factory in Thepharak will be expanded from the current 18,596 tons per year to 23,261 tons per year in 2024. The Company will also invest in new machinery and upgrade the sterile rooms at its factory.

Furthermore, KCG will invest in the construction and development of the KCG Logistics Park, which will be a state-of-the-art, comprehensive distribution and storage center. KCG Logistics Park will include both frozen and ambient storage facilities, as well as modern and efficient product handling and management, according to the GMP C and GMP D standards, which are European standards. The Company also plans to incorporate automated system technology to fully develop the factories into a fully automated production system in the future. The planned upgrade is expected to be completed by 2024.

Mr. Pichet Sitti-amnuai, President of Bualuang Securities Public Company Limited, a financial advisor and lead underwriter, states that KCG is a company engaging in the manufacturing, distribution, and import of butter, cheese, and consumer products from around the world. The Company is a trendsetter that emphasizes the development of new products and innovations in both butter and cheese products that cater to the lifestyles of modern consumers. Additionally, these products serve as a healthy alternative, aligning with the current trend of health-conscious consumers, particularly in the much growing Western-style restaurants, especially bakeries and cafes. The Company also has a solid production base and investment plans to expand production capacity and implement automation technology to improve production efficiency. We believe that a strong business strategy will drive sustainable growth for KCG in the future.

Released by Public Relations Dept., MT Multimedia Co., Ltd. for KCG Corporation PCL
For further information, please contact:
Yuttachai Praikhanahok (Tle)
Tel: +66 2 612 2081 ext. 125 or 091-736-2866
Email: yuttachai.p@mtmultimedia.com

KCG Corporation PCL, https://kcgcorporation.com/en/ [SET: KCG]

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

International Self-Care Day: Better Self-Care, Better Healthcare; Better Welfare Globally

NYON, SWITZERLAND, Jul 24, 2023 – (ACN Newswire) – International Self-Care month 2023 opened with an ambitious joint statement of intent from the United for Self-Care Coalition: "It's time to put self-care at the front of the healthcare debate". And today, on International Self-Care Day, the Global Self-Care Federation (GSCF) is calling for all stakeholders to back the urgent adoption of a WHO resolution on self-care. A rise in chronic conditions, an aging population, and the COVID-19 pandemic have all impacted already-overstretched resources over the past few years and proven how crucial it is to codify self-care at international level. It is imperative to preserve the momentum and empower individuals to manage their own health while while lessening burdens on health systems globally. The resolution would drive a significant increase in the expansion of self-care both within the WHO and at the national level and accelerate the achievement of universal health coverage (UHC). There is no time to waste.

International Self-Care month is recognised annually between June 24th – July 24th, is part of the WHO's global health calendar. It symbolically culminates on July 24th, as a demonstration that individuals can practice self-care 24 hours a day, 7 days a week. Self-care is any action an individual takes to look after their own health either alone or in collaboration with healthcare professionals.

At the end of 2021, GSCF and 17 like-minded organizations formed the United for Self-Care Coalition. This global coalition includes NGOs, academic institutions and health workers' associations, and is united by the shared desire to advance progress towards UHC. This goal that can only be achieved by working at a global level in order to formally recognise the value that self-care can bring in terms of access to care, quality of treatment and resilience of health systems.

Judy Stenmark, Director General of GSCF said, "With the growing cost of living crisis and increasing pressures on global supply chains, health systems are continually under-resourced as health workers become overworked. Evidence-based research has already clearly showed that self-care is often the only option for vulnerable people to engage with health services. Our own reports have further confirm that current self-care practices contribute to a gain of 22 million quality-adjusted life years, and health system annual savings of $120 billion."

Universal health care cannot be achieved without high quality and wide-spread self-care. Self-care puts individuals at the center of health policy. The United for Self-Care Coalition is calling for all supporters to take up the call for a WHO resolution on self-care:

https://www.unitedforselfcare.org

Contact Information
Catherine Laverty
claverty@selfcarefederation.org

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

Restaurant.com Partners with Kevin Harrington

Arlington Heights, IL, July 19, 2023 – (ACN Newswire) – Kevin Harrington of Shark Tank fame has a reputation for being fiercely selective in who he lends his name to. So when he partnered up with Restaurant.com, it was presumably because he saw something special in the business. Let’s take a look at what that special something was, and why it could mean Restaurant.com (OTCQB: RSTN) is one of the most undervalued opportunities on the market right now.

When Shark Tank’s Kevin Harrington explained why he partnered with Restaurant.com, the announcement contained one key phrase.

“[Restaurant] owners are getting the business they need, and customers get savings, and that’s what they want.”

On the face of it, it’s a relatively innocuous snippet from a speech that touched on grand concepts like trust and innovation. But, if we dig into it just a little, it reveals why Restaurant.com (RDE, Inc. | OTCQB: RSTN) might just be one of the most under-valued, under-the-radar companies right now.

In a moment, we’ll take a look. But first, here’s the man himself, Kevin Harrington.

First, Let’s Talk About Creating Value

There’s a common piece of advice given out in life and business — if you want to make money, create value, then capture it.

But, as everyone knows, that’s easier said than done.

Of course, hard doesn’t mean impossible. That’s why, over the years, common methods for thinking about value have emerged. One of the most common here is the problem-solution framework.

For those who’ve never heard of the problem-solution framework before, the concept is rather simple. Identify a problem, and provide a solution. If you can do that, then people will flock to you. It’s just basic common sense.

Second, Let’s Talk About What Restaurant.com Actually Does

We won’t delve into all the intricacies of the Restaurant.com platform here. But before we move on to dissecting the significance of Kevin Harrington’s statement, we do need to at least understand the fundamentals of what Restaurant.com does.

So let’s take a quick interlude to cover the basics. If you’re already familiar with the platform (millions already are), feel free to skip ahead.

Restaurant.com in a Nutshell: Restaurant.com connects diners with restaurants. It provides restaurants with a comprehensive marketing platform. And it provides diners with discounted restaurant dining experiences.

Restaurant.com For Diners

How this looks in practice for a diner is pretty simple. By simply browsing through the Restaurant.com platform, diners can locate dozens of restaurants in their location. Then, once they find something that appeals to them, they can then proceed to purchase a dining certificate at that restaurant at a steep discount.

Here’s one example offer:

Restaurant.com For Restaurants

As for how this looks for restaurants, that’s a bit more involved. But first, let’s just get one thing clear. Restaurant.com is a lot more than a crude platform for promoting simple one-off discounts.

In reality, once we scratch the surface of the simple discount offers and user interface, what we find in Restaurant.com is actually a sophisticated “Martech” (marketing tech) platform for restaurants.

For now, we’re simply going to gloss over what being a restaurant martech platform means. After all, we’re really here to discuss what Kevin Harrington saw in Restaurant.com. But, to give a brief overview, the Martech side of Restaurant.com includes two key components.

Restaurant Marketing Component #1: The first of these is a remarketing tool. For those who don’t know, remarketing is basically what happens when you browse something on Amazon and suddenly see ads for it everywhere. Restaurant.com provides a similarly powerful tool to restaurants, with the key difference being that its remarketing is conducted through email rather than online ads.

Restaurant Marketing Component #2: The second key component of the Restaurant.com Martech offering is its affiliate marketing platform. Again, to use Amazon.com as an example, affiliate marketing is what drives the thousands of blogs and websites out there recommending products on Amazon.com to do so. If those blogs can successfully convince you to buy something on Amazon.com, Amazon rewards the affiliate with a cut of the sale. Restaurant.com does the same with its affiliates.

What’s Any of This Got to Do With Kevin Harrington and Restaurant.com?

If you’ve been paying attention, there’s a good chance you’ve picked up on why that one innocuous phrase Kevin Harrington made means so much.

But just to make sure we’re all on the same page, let me spell it out for you.

Problem: Every restaurant owner wants more customers. But most marketing is difficult, expensive, and comes with zero guarantees.

Solution: Provide a zero-risk marketing platform that drives diners to their tables and only charges them for successful conversions.

And there you have it — the value-generating problem-solution statement for Restaurant.com. Except, there’s just one problem. We’re forgetting the back half of the Kevin Harrington statement. The part about customers getting what they want.

As a reminder, here’s Harrington’s key phrase once again: “[Restaurant] owners are getting the business they need, and customers get savings, and that’s what they want.”

If you break this statement down, there are actually two possible problems and two possible solutions hidden in there. The first, we already touched on.

As for the second problem-solution, here it is.

Problem: Most people would love to dine out more often, but not everyone can afford it.

Solution: Offer a way to dine out for less.

In a nutshell, Restaurant.com has essentially hacked the value-generating equation in a way we rarely see. By effectively killing two birds with one stone, Restaurant.com has tapped into two both sides of an absolutely massive market (we’re literally talking about hundreds of billions a year in the US alone, and trillions globally).

Guess there’s no surprise now why Kevin Harrington chose to partner with Restaurant.com.

Now Here’s Why Restaurant.com Is Deeply Undervalued

By now, it’s pretty clear that Restaurant.com has tapped into an extreme value-creating proposition. But if you cast your mind back to the start of the article, I also mentioned that Restaurant.com is deeply undervalued.

Here’s why.

When RDE, Inc. (OTCQB: RSTN) acquired Restaurant.com back in March 2020, the timing could not have been worse. After all, that was right about the time Covid-19 started decimating the restaurant trade, along with everything else.

Over the course of that year, the company traded for around the $1 a share mark, give or take. By 2021, that had picked up to about the $3 a share mark. As a reminder, the restaurant trade was still in a full-blown crisis at this stage, with many states still imposing harsh sanitary measures.

Fast forward to today, and RDE, Inc. is still trading at, you guessed it, around about the $3 a share mark. And that’s despite business more or less returning to normal, a full-blown cost of living crisis driving more consumers than ever to seek out discounted options, and a substantial growth in traffic to the platform (just last month alone, Restaurant.com jumped 21 places in its category ranking on similarweb.com).

And let’s not forget there are revenue figures to back this up (RDE, Inc. grew its annual revenues by almost 34% between 2021 and 2022).

In other words, in Restaurant.com we find:

  • Extreme value creation by addressing two sides of a massive market at once.
  • A deeply undervalued company given the current lack of a full recovery in its post-Covid stock price.
  • An enduring cost of living crisis which has resulted in substantial growth in consumer demand for Restaurant.com.

Essentially, what we have is one of those rare opportunities to capture an undervalued asset at an opportune moment.

For more information on RED, Inc. and Restaurant.com, visit:

About Restaurant.com

Restaurant.com offers marketing incentives for more than 20,000 restaurants across the United States, including multiple coupon options and is owned by RDE Holdings (OTCQB: RSTN)

Media Contact:
Plato Data Intelligence
144 E44th St
New York NY 10017
PlatoAiStream.com
Zephyr@platodata.io

(Featured image by Spencer Davis via Unsplash)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.



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

Yowie Chocolate Celebrate Culinary Arts Month with First Ever Cake Decorating Contest

CHICAGO, IL, Jul 14, 2023 – (ACN Newswire) – To celebrate Culinary Arts Month, Yowie Group, the Surprise Inside Chocolate company, invites bakers in the United States and Australia to participate in their first-ever Cake Decorating Contest! Culinary arts are all about making food look beautiful and this is a chance for professional and amateur bakers alike to showcase their talent, creativity, and love for Yowie through their passion for cake decorating!






Not a cake fan? Any Yowie inspired treat, from cookies to popsicles, will be accepted. Take inspiration from the Yowie characters themselves or from any of the adorable baby animals included in the latest series. The goal is to be creative and have fun!

What is a Yowie?

The surprise-inside chocolate treat is sustainably sourced, Rainforest Alliance Certified, and contains no GMOs, palm oil, gluten, or nuts. Plus, each Yowie features an endangered animal collectible figurine and a leaflet to help kids learn about the animal. The word "Yowie" is what Australians call Bigfoot or Sasquatch. There are six bigfoot characters: Rumble, Boof, Squish, Nap, Ditty and Crag. Each Yowie is responsible for protecting a different animal habitat.

How to Enter:
Participation is open to all baking enthusiasts, professional pastry chefs, and creative souls who can work magic with fondant and buttercream! To enter the contest, simply follow these steps:
Design and create your Yowie inspired masterpiece.
Upload a picture or video of your completed creation to Yowie's Facebook page.
Enjoy your delicious treat and wait for the winner to be announced on August 9th.

Prizes:
Not only will the winner's decorating talents be shared with thousands via Yowie's social channels, but they will also receive an entire case of Yowie chocolates! It's the perfect supplement to your Yowie inspired creation at your next summer party!

Judging Criteria:
Our Yowie expert judges will evaluate each cake based on the following criteria:
– Creativity and originality of the design
– Skill and technique demonstrated in the cake decoration
– Overall presentation, including color scheme, texture, and visual appeal

Where are Yowie chocolates?

For inspiration (or just to eat!) Yowie can be found in more than 30,000 retail outlets across the United States, including Walmart, Walgreens, 7Eleven, Albertson's, Meijer, SuperValu, Giant Eagle, H-E-B, Food Lion, Casey's, Circle K and many more and across Australia including Woolworth's, IGA, Big W, The Reject Shop, Kmart. You can also check the store locator on YowieWorld.com to find a nearby store or learn more about Yowie.

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

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

Proximo Spirits and Maestro Dobel Tequila Lands Hole in One at an Exclusive New Retail Experience With International Shoppes at New York’s JFK Terminal 1

JERSEY CITY, N.J., Jul 7, 2023 – (ACN Newswire) – Proximo Spirits reveals 'Smoothness Mastered', a new and exclusive three-month 'store-in-store' experience launched in John F Kennedy International Airport, for luxury tequila brand Maestro Dobel(R) Tequila.

The immersive store is open for a limited time only, giving travelers the chance to delve into the world of luxury tequila and discover more about Maestro Dobel(R), creator of the world's first Cristalino and the 'Official Tequila of the PGA TOUR and PGA TOUR Champions'. The impressive retail space was developed in partnership with International Shoppes and is in a prime location within Terminal 1. The 'store in store' represents one of the first activations within the multi-year partnership between Maestro Dobel(R) and global golf superstar Jon Rahm, whose presence will be thematic within the experience.

Once in-store, customers are immersed into a luxury experience for tequila and golf lovers alike, where they can pose on a putting green, journey through the partnership with Jon Rahm, and try the exquisite mastery of Maestro Dobel(R). High-end spirit drinkers are offered a custom-made shopping experience, getting bottles personalized via an on-site engraving across the featured range of Maestro Dobel(R).

Head of Global Travel Retail for Proximo Spirits Roy Summers remarked: "We are delighted to bring this innovative retail experience to life, that sees our world-class tequila from Maestro Dobel(R) on display in the equally revered location of John F. Kennedy International Airport. Not only is it the first of many activations that celebrate Maestro Dobel's relationship with PGA TOUR Golf, it's also the very first Maestro Dobel(R) Tequila dedicated pop-up. As the growth of luxury tequila in travel retail continues to go from strength to strength, we're delighted to share this experience with JFK T1's international travellers."

More than 1 million passengers are expected to pass through John F Kennedy International Airport in June, July and August 2023, with the activation set to impact inbound passengers traveling onwards to PGA TOUR events such as the upcoming FedExCup Playoffs in Memphis, Chicago and Atlanta, as players compete for the FedExCup, the PGA TOUR's Ultimate Prize.

Commenting on the activation, Scott Halpern, Co-CEO of International Shoppes, said, "We are excited to announce this partnership with Proximo Spirits, a world-class premium spirits company. It is a collaboration that allows us to expand our premium tequila offerings and introduce an innovative range of Maestro Dobel tequilas to our world-class travelers. This activation promises to be unique, engaging and an immersive opportunity that is designed to provide a thoughtfully curated sensorial experience. We are appreciative that Proximo chose International Shoppes to bring this exceptional luxury experience to life at JFK's T1, as it embodies our commitment to providing the finest selection of spirits and delivering one-of-a-kind retail-tainment."

Maestro Dobel, founded by Juan Dobel and born from 11 generations of tequila-making legacy, is a modern expression of tequila, pushing the global category forward and producing some of the world's finest and smoothest tequilas. Handcrafted in the lowlands of Jalisco, Maestro Dobel is one of Mexico's fastest-growing ultra-premium tequilas at over 40% in both volume and value year on year1, with a collection including Dobel Diamante Cristalino, Silver, Reposado and Anejo tequilas as well as luxury expressions such as Dobel 50 Cristalino.

"Smoothness Mastered" is in residence until the end of August and will bring this vast collection of tequilas to JFK, with prices ranging up to $165 a bottle.

Contact Information
Roy Summers
Head of Global Travel Retail for Proximo Spirits
proximo@onegreenbean.com

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

Christian Kohler Becomes New CCO at crop.zone

Aachen, Germany, Jul 6, 2023 – (ACN Newswire) – crop.zone GmbH, a leading agricultural technology company, announced today that Prof. Christian Kohler has been appointed as its new Chief Commercial Officer (CCO). Kohler will provide extensive experience in sales, marketing and business development to further drive crop.zone's international growth, being responsible for all sales and marketing operations at the company.


Prof. Christian Kohler, CCO of crop.zone


Kohler has over 20 years of management experience in international sales, marketing and business development. Having worked as International Senior Director and Management Consultant at large leading OEMs such as CNH Industrial, BMW Group, and Mercedes Benz as well as at leading Tech-Scaleups from Germany, he expanded their businesses on an international level. His great passion for agricultural businesses led him to spend more than 10 years adding value to the industry. At the IE Business School, one of the world's leading Business Schools, he teaches young and senior executives as an associated sales and marketing professor. crop.zone GmbH has been growing rapidly in recent years, with its innovative technology allowing farmers to reduce herbicide use up to 80%. The company has been expanding its operations globally, with customers in Europe, the United States and Asia.

"I am thrilled to be joining crop.zone at this exciting time in the company's growth trajectory. crop.zone's innovative technological solutions are truly outstanding and transformative in the agricultural industry, and I am excited to bring these customer values with the highest business impact to all farmers around the world." Prof. Christian Kohler, CCO of crop.zone

With Kohler on board, crop.zone is poised to continue its expansion and bring its technology to even more farmers around the world. A technology that works like chemistry. But without chemistry.

"I am looking forward to working with the crop.zone team to further drive the company's international growth and continue to bring innovative technology and highest customer value to many farmers," Kohler added.

About crop.zone

Works like a herbicide. But without residues.

crop.zone has become the specialist for herbicide-free desiccation with cross-field knowledge from chemistry, biology, physics, ecology, and agronomy. The professional technology incorporated in our machines enables safe, efficient, and cost-effective crop preparation. Our technologically advanced system achieves premium quality yields while protecting the soil. crop.zone offers the solution for ecological and sustainable agriculture and thus makes its contribution to the future of our planet.

For more information about crop.zone and its innovative technology, visit www.crop.zone.

Contact Information:
Dirk Vandenhirtz
CEO – crop.zone
dirk.vandenhirtz@crop.zone
+1 (919) 251-6320 / +49 2408 598

Related Files
CRO15043_Pressemitteilung_CCO_Christian_Kohler_EN.pdf https://pr.report/XedVE6Lc
CRO_Kohler_RET_LI.jpg https://pr.report/KGVp5hkD

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

Nissin Foods Completes Acquisition of Equity Interest in Hong Kong Eastpeak Limited

HONG KONG, Jul 3, 2023 – (ACN Newswire) – Nissin Foods Company Limited ("Nissin Foods", together with its subsidiaries, the "Group"; Stock code: 1475) completed today the acquisition of 19% equity interest in Hong Kong Eastpeak Limited ("Hong Kong Eastpeak"), which wholly owns Eastpeak Trading (Shanghai) Co., Ltd. ("Shanghai Eastpeak"), making the two companies officially its wholly-owned subsidiaries on 3 July 2023.


Shanghai Eastpeak distributes Japanese food and beverage products in Mainland China. The key brands and products include: Demae Iccho crisp choco, Demae Iccho Yingyou green juices, KAGOME vegetable juices, Koikeya potato chips, Akai Bohshi biscuits and UCC coffee drinks, covering more than 300 products in 6 different categories.


Shanghai Eastpeak, which carries imported Japanese brand food and beverage products, is the distribution arm of the Group in Mainland China. Key brands it distributed include: Nissin, Demae Iccho, KAGOME, UCC and Akai Bohshi, etc., covering more than 300 products in 6 different categories. Its sales network comprises large domestic chain stores, high-end boutique supermarkets, convenience stores, and major online platforms in Mainland China.

Mr. Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, "With the acquisition completed, we will have greater flexibility in deploying our operational capabilities in Mainland China. Distribution business is of strategic importance to the Group in achieving vertical development. We can now speed up integrating the business into the Group and expect to see greater yet synergies generated between the business and MC Marketing & Sales (Hong Kong) Limited, our distribution arm in Hong Kong, ultimately helping the Group improve its income and overall competitiveness."

In January 2020, Nissin Foods and Ms. LIU Feng, director and general manager of Shanghai Eastpeak, entered into a shareholders' and cooperation agreement to form a joint venture company i.e. Hong Kong Eastpeak, 81% held by Nissin Foods and 19% by Ms. LIU. After Ms. LIU's resignation from Shanghai Eastpeak in December 2022, the Group exercised the relevant call option and acquired her 19% stake in Hong Kong Eastpeak.

About Nissin Foods Company Limited
Nissin Foods Company Limited ("Nissin Foods", together with its subsidiaries, 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, primarily focusing on the premium instant noodle segment. The Group officially established its presence in Hong Kong in 1984 and is the largest instant noodle company in Hong Kong. The Group primarily manufactures and sells instant noodles, high-quality frozen food products, including frozen dim sum and frozen noodles, and also sells and distributes other food and beverage products, including retort pouches, snacks, mineral water, sauce and vegetable products under its two core corporate brands, namely "NISSIN" and "DOLL" together with a diversified portfolio of iconic household premium brands. The Group's five flagship product brands, namely "Cup Noodles", "Demae Iccho", "Doll Instant Noodle", "Doll Dim Sum" and "Fuku" are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the "ECO Cup" concept and primarily focuses its sales efforts in first-and second-tier cities.

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


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