On July 19, according to unaudited financial information from Health and Happiness Group, total revenue for the first half of 2024 recorded a low single-digit decline due to decreased sales of infant formula milk powder. The low double-digit revenue growth in the adult nutrition and care products segment and the single-digit revenue growth in the … Read more
On July 21, Sirio Health (300791) disclosed its performance forecast, expecting a net profit attributable to shareholders of 1.47 billion to 1.62 billion yuan for the first half of 2024, a year-on-year increase of 45% to 60%. The net profit after deducting non-recurring gains and losses is estimated to be 1.44 billion to 1.59 billion … Read more
Specially designed for consumers with sleep troubles, the milk source comes from Fuping, Shaanxi, known as the “Capital of Goat Milk.” It is processed using low-temperature wet method technology to maximize the retention of natural active nutrients. The dual-benefit formula includes Bifidobacterium animalis subsp. lactis Bb-12 and polydextrose. The combination of tea leaf L-theanine, wild … Read more
On July 19th, the State Administration for Market Regulation issued the “Guidelines for the Registration of Electrolyte Formula Food for Special Medical Purposes,” the “Guidelines for the Registration of Carbohydrate Component Formula Food for Special Medical Purposes,” and the “Guidelines for the Registration of Protein Component Formula Food for Special Medical Purposes.” Applicants should submit … Read more
Angel Yeast (SH600298), a global leader in yeast manufacturing, recently introduced its yeast protein and innovative application solutions at the Growth Asia 2024 summit, which was co-hosted by leading industry media NutraIngredients and FoodNavigator from July 16 to 18 in Singapore. About 60 leading nutrition health companies and more than 300 guests from around the … Read more
As China emerges from the Covid-19 pandemic, its health and wellness sector is experiencing a dynamic transformation. This shift reflects a broader understanding of well-being that blends traditional practices with modern innovations. Our latest report delves into the key trends shaping this evolving market, highlighting the resurgence of Traditional Chinese Medicine (TCM), the rise of … Read more
Recently, the probiotic brand JunXiaoBao launched a new product, “JunXiaoBao Probiotic [Space No. 19].” According to the brand, the new product includes five types of probiotics such as Bifidobacterium animalis subsp. lactis CECT8145 and Bifidobacterium breve B-3, along with ingredients like prickly pear cactus fruit powder, citrus and cinnamon composite powder, and EGCG, focusing on … Read more
Recently, the traditional Chinese medicine chain clinic HeSheng DingJiTang secured several tens of millions of yuan in angel round financing, led by Northern Light Venture Capital. HeSheng DingJiTang, a subsidiary of HeSheng Oriental Group, has three main business segments: traditional Chinese medicine chain clinics, TCM education and training, and TCM dietary products. Their dietary products … Read more
As of July 16, 2024, data from the State Administration for Market Regulation’s website shows that there have been 2,347 domestic health food filings with batch numbers for 2024, representing 409 companies and 1,012 brands. Compared to previous years, the numbers are continually increasing. Currently, among the top 10 filing companies, a significant proportion are … Read more
On July 17, YanZhiWu released its performance forecast for the first half of 2024, expecting to achieve revenue of 10.45 billion to 10.9 billion yuan, an increase of approximately 10% to 15% year-on-year. Net profit is expected to be between 50 million and 60 million yuan, a decrease of about 40% to 50%. The anticipated … Read more
