HONG KONG, Oct 14, 2025 – (ACN Newswire) – Shares of Xiaocaiyuan International Holding Ltd. (00999.HK) continues to outperform the market, rising for four consecutive trading days following the National Day Golden Week.
Amid the National Day Golden Week consumption boom, Xiaocaiyuan—a well-known national restaurant chain in the mass-market dining segment—continued to be the preferred choice of large crowds with its “delicious and affordable” positioning. The company’s directly operated stores across China saw a notable increase in customer traffic, establishing the brand as a go-to destination for group gatherings during the holiday. In the first seven days of National Day Golden Week, Xiaocaiyuan stores nationwide served more than 2.25 million customers, marking a solid 21% year-on-year increase and standing out as a strong performer.
Widely regarded as the “kitchen of households” and known for its attentive service, Xiaocaiyuan enjoys broad consumer appeal across the country. During the first seven days of the Golden Week, signature dishes remained top sellers, with over 350,000 servings of Homemade Braised Pork Belly and more than 190,000 servings of Cauldron-Cooked Spring Chicken sold.
Xiaocaiyuan’s robust Golden Week performance underscores its competitive strength as a leading mass-market dining brand and reflects its solid supply chain management capabilities. Supported by sound operational results and steady progress in store expansion, the company remains on track to reach its target of 1,000 stores next year—further signaling its high growth potential.
Unveils ‘Life’s too Short, You Gotta Chew’ Campaign Reinforcing Its Image as a Global Thai Brand
BANGKOK, October 8, 2025 – (ACN Newswire) – Sappe PCL (SAPPE), Thailand’s leading innovator in beverages, showcased the strength of Thai beverage innovation on the world stage once again at Anuga 2025, the world’s largest food and beverage trade fair. Held from October 4 ~ 8, 2025 in Cologne, Germany, under the theme “Sustainable Growth”, the event gathered more than 8,000 exhibitors from 110 countries.
SAPPE presented its iconic brand Mogu Mogu, the world-famous Snackable Drink alongside other popular brands, underscoring the company’s innovative spirit in the main exhibition zone. The highlight of the showcase was the official launch of Mogu Mogu’s new global campaign, ‘Life’s too Short, You Gotta Chew,’ introduced to an international audience as part of SAPPE’s mission to bring Thai creativity and innovation to the global beverage market.
Ms Piyajit Ruckariyapong, CEO of Sappe, said the Mogu Mogu booth drew strong attention from international visitors with its vibrant, playful design that captured the brand’s cheerful DNA. As the world’s first Snackable Drink, Mogu Mogu celebrated the joy of chewing with interactive experiences like the ‘Play Game!’ station, which invited attendees to experience the brand’s fun and engaging personality. The booth also featured the debut screening of the new ‘Life’s too Short, You Gotta Chew’ campaign films, highlighting positivity, creativity, and playfulness – values that align closely with SAPPE’s vision of building a global lifestyle brand through innovation and emotional connection.
Participating in Anuga 2025 marks another milestone in SAPPE’s journey to elevate Thai innovation to the world stage. This year’s Anuga spotlighted the key trends shaping the future of global food and beverage – from plant-based diversity and personalized nutrition to clean label transparency and sustainability as the new standard – all of which resonate with SAPPE’s commitment to enhancing consumer well-being through creative, sustainable products.
With distribution in over 100 countries, Mogu Mogu – the World-Famous Nata de Coco Snackable Drink – has become a symbol of Thai soft power and a pioneer in the global Snackable Drink category. This year, SAPPE continues to expand its global footprint and strengthen engagement with fans worldwide through the new campaign ‘Life’s too Short, You Gotta Chew’, which connects with the young generation’s lifestyle of Social Connection, FOMO (Fear of Missing Out) and Playful & Fun energy. The campaign extends across key international markets including South Korea, Indonesia, France, and the United Kingdom, with immersive activations both online and offline.
“Being part of Anuga this year reaffirms our pride as a Thai brand that can compete on the world stage,” said Ms Ruckariyapong. “We believe in the power of innovation, creativity, and determination to continuously deliver happiness and value to consumers around the world.”
In addition to the global spotlight on Mogu Mogu, SAPPE introduced new product innovations such as Mogu Mogu Candy and Mogu Mogu Pretzel, extending the brand’s playful concept into new formats. Visitors also enjoyed SAPPE’s popular beverage lines including Sappe Aloe Vera Drink, Sappe Beauti, and All Coco, reflecting the company’s commitment to quality and creativity in every product.
Anuga, held biennially in Cologne, has been the world’s leading food and beverage trade fair for over 106 years, since its debut in 1919. The event continues to serve as a key platform driving innovation and setting global benchmarks for the industry. SAPPE’s participation underscores its mission to connect with global partners, strengthen the presence of Thai brands in international markets, and position itself as a company driven by innovation, sustainability, and the joyful spirit of the ‘Home of Innovators.’
Through its presence at Anuga 2025, SAPPE continues to inspire and deliver happiness to consumers worldwide – one bottle of Mogu Mogu at a time.
About SAPPE
Sappe PCL (SAPPE) is a leading Thai beverage innovator and the creator of the “Snack Drink” category through its iconic global brand, Mogu Mogu, now exported to over 100 countries across Asia, Europe, the Middle East, and beyond. The company specializes in fruit juice and functional health beverages designed to serve the evolving lifestyle needs of modern consumers around the world.
SAPPE’s diverse portfolio includes globally recognized brands such as Mogu Mogu, the world’s first snackable drink; Sappe Aloe Vera, known for its refreshing taste and natural ingredients; and Sappe Beauti, a functional drink line focused on health, wellness, and women empowerment. Headquartered in Bangkok, Thailand, SAPPE is listed on the Stock Exchange of Thailand (SET) under the symbol SAPPE.
Driven by innovation, deep consumer insights, and a strong commitment to sustainability, SAPPE operates with a balanced focus on product innovation, economic performance, social responsibility, and environmental impact. The company believes that building a sustainable future begins with valuing people, embracing diversity, and leading with authenticity, creativity, and the courage to drive positive change. SAPPE’s mission is to inspire lives worldwide one meaningful beverage at a time.
HONG KONG, Oct 2, 2025 – (ACN Newswire) – For a beverage company, the challenge of maintaining core category strengths while simultaneously exploring new growth avenues is a long-term issue. IFBH Limited (“IFBH”, 6603.HK) has its own solution. Recently, INNOCOCO under lFBH Limited officially launched two major new products, i.e. INNOCOCO electrolyte water, and simultaneously announced Teens in Times (TNT, a wildly popular boy group in Asia) as its first-ever Asia-Pacific Brand Ambassador.
This initiative not only delivers IFBH’s profound insights into “healthy beverage” market, but also represents a forward-looking planning decided by its management team led by the CEO, Mr. Pongsakorn Pongsak, in response to the market trend. From the absolute leader in the coconut water market to a new entrant in the functional beverage market, IFBH is exploring a higher growth ceiling for itself.
Investing in the functional beverage to usher in a new growth cycle
Currently, benefiting from its precise grasp of consumers’ demands, the functional beverage is expanding into a new market at the pace of materially exceeding than that of traditional categories. According to CIC (China Insights Industry Consultancy Limited), the market size of functional beverage in Greater China is expected to be US$20.3 billion in 2025 and to increase to US$27 billion in 2029, with a compound annual growth rate of 7.5%. IFBH, which has consistently ranked first in mainland China and second globally in the coconut water market for many consecutive years, is now expanding into the functional beverage market with the launch of INNOCOCO electrolyte water. This move is not only a natural strategic progression but also a way to leverage its mature supply chain, brand strength, and channel resources to preemptively secure future growth opportunities.
Unlike traditional hydration beverages on the market, the new INNOCOCO electrolyte water emphasizes a dual “Natural + Functional” attribute. It retains real coconut water ingredients, reinforcing the brand’s “natural and healthy” user perception, while its “Double Electrolytes + B Vitamins” formula expands the consumption scenario from simple thirst-quenching to high-frequency occasions like post-exercise recovery and enhanced focus during study or work. This strategically targets the consumption upgrade demands of both Gen Z and urban white-collar professionals. This user-centric product extension not only reduces market education costs for the new product but also enables rapid conversion leveraging the existing customer base, injecting new momentum into revenue growth.
Regarding this, Mr. Pongsakorn Pongsak, CEO of IFBH Limited (the manufacturer and distributor of the INNOCOCO brand), said, “This is more than just a new product launch; it’s a brand refresh. It signifies our evolution from a trusted coconut water brand into a thoughtful companion for today’s vibrant generation.” This comment precisely highlights the core of IFBH’s strategic move – a shift from a “single category” towards “diversified portfolio”, aiming to unlock greater growth potential through diversification.
Empowered by Teens in Times (TNT) to activate the youth market
The appointment of Teens in Times (TNT) as brand ambassador is a precise move to reach the target audience. “Through Teens in Times (TNT) serving as our brand ambassador, we will bring INNOCOCO closer to young consumers than ever before.” Mr. Pongsakorn Pongsak said.
As a super-popular idol group in the Asia-Pacific region, Teens in Times (TNT) boasts a massive fan base and holds significant influence and high topicality among young Chinese consumers. By partnering with them, IFBH gains multi-faceted benefits in brand rejuvenation, social media buzz, and cross-border influence, allowing the new product to rapidly penetrate target consumer circles. This creates a powerful trifecta of “Product+Celebrity+Scenario”. On the day the partnership was announced, the hashtag #INNOCOCOunderIFBHwelcomeTNTasbrandAmbassador# quickly soared to the Top 6 on Weibo Hot Search, garnering over 130 million reads and directly driving a sharp increase in traffic and orders for the INNOCOCO official flagship store, tangibly demonstrating the market impact of the endorsement.
It is worth noting that while launching new products and marketing campaigns, IFBH maintains a balance between short-term performance and long-term growth. In the first half of 2025, IFBH achieved revenue of US$94.5 million, a 31.5% year-on-year increase, with an adjusted net profit of US$18.9 million, up 13.9% year on year. The robust growth of its core business provides a solid foundation for promoting new products.
With the launch of INNOCOCO electrolyte water, bolstered by its existing channel foundation and new partnerships, IFBH is establishing a development pattern driven by both “Brand Momentum” and “Channel Velocity”. This not only promises sales growth but also indicates a simultaneous upgrade in IFBH’s brand power and channel capabilities, potentially leading to higher gross margins, faster inventory turnover, and stronger risk resilience.
In a beverage market plagued by severe homogenization, IFBH’s success is no accident. From entering the functional beverage segment to leveraging Teens in Times (TNT) to engage the youth market, each step demonstrates the management’s deep market understanding and forward-thinking strategy. Looking ahead, as IFBH accelerates its penetration into target markets through new product promotions, celebrity endorsements, and brand rejuvenation, the Company is well-positioned to achieve growth in both revenue scale and profitability, further consolidating its leading market position.
Spritzer Bhd (“Spritzer” or the “Company”), Malaysia’s leading natural mineral water brand, today embarked on a fresh and exciting new chapter in the beloved brand’s journey and efforts to deepen their connection with consumers across the nation with the launch of a two-part mini-drama in September and November 2025. The mini-drama series stars acclaimed actress and Spritzer’s new Brand Ambassador, Anna Jobling, in emotionally relatable roles, facing real-life conflict, dilemmas and personal growth.
Shiao Chan, Head of Marketing of Spritzer, said, “Beyond providing engaging storylines and entertainment, these dramas are works of arts that subtly embed Spritzer Sparkling’s values of healthy lifestyles, wellness and community, to resonate with our Malaysian consumers and audience across different ages. Through the characters, their emotions, and visual storytelling, we hope to convey and navigate this complex narrative of familial values and the virtues of self-care, whilst embedding the encouragement for Malaysians to shift toward healthier habits and beverage choices.”
Figures 1 and 2: Spritzer connects with Malaysians to inspire health and wellness through two mini-drama series with latest brand ambassador, Anna Jobling.
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Figure 3: Anna Jobling, Spritzer’s latest brand ambassador
The collaboration also marks the beginning of a new chapter with Anna Jobling stepping into the role of a Spritzer Brand Ambassador. Known for her elegant and grounded persona, Anna embodies the essence of Spritzer’s clean and natural brand philosophy. Her authenticity and grace make her a fitting face for both Spritzer Natural Mineral Water and Spritzer Sparkling, products that reflect purity, wellness, and refreshment. Spritzer’s collaboration with Anna Jobling is more than a brand endorsement, it is a shared mission to champion wellness, authenticity, and sustainability.
Catch the two compelling dramas, each with three episodes, this September and November, at @Spritzerwater IG or Tik Tok respectively web link, Instagram or TikTok
Bukan Salahku explores themes of betrayal and self-worth, following Anna’s character who values family above all. As she faces duplicity from her own kin, she makes the right decision for herself over familial expectations. Apa Harga Diriku? delves into the pressures of fame and materialism, culminating in a journey of self-discovery and empowerment. Anna navigates difficult choices between fame, money and relationships, ultimately breaking free from the influence of others to embrace the best version of herself.
Spritzer’s foray into storytelling through the mini-drama series is a natural extension of its continuous commitment to connect with Malaysians through creative storytelling and purposeful content, where entertainment meets advocacy for healthier habits and lifestyles. Spritzer continues to champion wellness in relatable and motivating ways, sparking meaningful conversations around self-care and lifestyle choices among Malaysians.
With zero sugar and sweeteners, natural mineral water, and silica-rich content, Spritzer Sparkling offers a refreshing alternative to sugary carbonated drinks for daily consumption, a wellness-forward choice which is especially crucial in a country where diabetes rates remain among the highest in Southeast Asia. Through engaging content and meaningful experiences, Spritzer showcases its commitment to inspiring healthier choices amongst the nation. Spritzer is not just Malaysia’s leading natural mineral water brand; it is also a lifestyle partner for Malaysians seeking balance and vitality in their everyday lives.
Spritzer was also recognised as the Top Rising Brand in the Beverage Category in the recent Brand Footprint Malaysia 2025 by Kantar Worldpanel, a recognition of its growing resonance with Malaysian consumers as their preferred beverage. About Spritzer
Spritzer, Malaysia’s No.1 bottled water brand since 1989, sources its water from a 430-acre tropical rainforest in Taiping. The water undergoes a natural filtration process through underground rocks for over 15 years, enriching it with essential minerals like Silica, which benefits skin, bones, hair, and nails.
As a leader in smart manufacturing, we use advanced technology to ensure quality and safety. Our packaging is 100% recyclable and made from recycled materials, reflecting our commitment to sustainability. Tested annually by SIRIM, our products are free from microplastics.
Spritzer offers a full range of products, from Natural Mineral Water and Sparkling Water to Distilled Water and Fruit-flavoured Beverages, catering to every lifestyle and occasion. With a vision to become a circular brand by 2030, we are committed to sustainability and delivering quality you can trust.
Spritzer—nature, innovation, and sustainability in every bottle. For more information, please visit www.spritzer.com.my.
HONG KONG, Sep 10, 2025 – (ACN Newswire) – On August 22, Hang Seng Indexes Company officially announced that IFBH Limited (“IFBH”, 6603.HK), the parent company of Thailand’s renowned coconut water brand “if,” has been included in the Hang Seng Composite Index, with the change taking effect on September 8. This signifies that the company will meet the core access requirements for the Stock Connect program. Referring to past cases, particularly those involving companies with high brand value in mainland China, inclusion in the Stock Connect typically brings an important incremental source of capital from southbound funds. This not only significantly enhances stock liquidity but also broadens the investor base, driving valuations to align with industry leaders.
At this important milestone, IFBH specially organized a large-scale campaign themed “Celebration Moment” — showcasing the brand strength and international vision of IFBH to the market through a light show in Qingdao and synchronized LED screen displays in Hangzhou and Guangzhou. Among them, the Qingdao light show was grandly held from 19:45 to 20:00 on the evening of September 8 at Fushan Bay in Qingdao, serving as “a celebratory tribute dedicated to the special occasion of IFBH’s inclusion in the Stock Connect.”
Thanks to consumers’ growing awareness of taste and its ability to meet the demand for natural, healthy, functional, and hydrating beverages, the coconut water segment is experiencing rapid growth. In this booming market, IFBH stands as an industry leader. It has maintained the highest market share in China for five consecutive years and ranks as the second-largest company in the global coconut water beverage market, positioning it to capture long-term industry growth.
Recently, IFBH released its 2025 interim results, delivering a performance that demonstrated both growth and resilience in the first half of the year, with its core competitiveness continuing to strengthen.
Based on its revenue performance in the first half of the year, IFBH demonstrated a significant competitive advantage in the health beverage segment. During the Reporting Period, the Company’ total revenue increased by 31.5% year-on-year, outpacing the industry average and underscoring its leading position in this market segment. Among this, the if brand contributed 89% of revenue, while Innococo accounted for 11%.
In terms of revenue structure, IFBH exhibits a dual-engine growth pattern of “core category leadership and new category breakthroughs” . Revenue from its core product, coconut water, reached US$91.51 million, up 33.3% year-on-year, accounting for 96.9% of total revenue and further reinforcing the market perception of “coconut water = if”. Revenue from other beverages, amounted to US$2.257 million, surging 57.2% year-on-year. These demonstrate that the Company’s strategy of expanding from a “single blockbuster” to a “multi-category portfolio” is beginning to show results.
On the profitability front, IFBH’s gross profit increased by 15.3% year-on-year in the first half of the year. The adjusted net profit margin remained stable at 20%, placing IFBH in the upper mid-range of the food and beverage industry and highlighting the continued strong profitability of its core business.
It is worth noting that the second half is traditionally the peak season for beverage consumption, IFBH’s profit growth is expected to further align with its revenue growth, with continued expansion in its room for profit flexibility.
On the operational front, IFBH has proactively stocked up in advance to capitalize on the peak summer and National Day consumption periods in the second half of the year, reflecting management’s strong confidence in future market demand.
From intensified marketing efforts and the gradual fading of previous profit-dampening factors to early channel stocking, IFBH is well-positioned for overall favorable development, with high certainty for accelerated growth in the second half of the year.
Sustained Industry Momentum and Multi-Dimensional Strengths Drive Long-Term Growth
From an industry perspective, the global consumer market is undergoing a divergent pattern of “traditional segments under pressure while emerging sectors on the rise”. In this context, the health consumption sector stands out with increasingly strong growth prospects. As the fastest-growing segment in the RTD soft drink market, the coconut water industry in Mainland China is expected to expand steadily with a compound annual growth rate (CAGR) of 20.2% from 2024 to 2029, reaching a market size of US$2.55 billion by 2029. The global coconut water market is also projected to grow at a CAGR of 11.1%, increasing from US$5.0 billion in 2024 to US$8.5 billion in 2029.
IFBH is implementing a dual-brand differentiation strategy with if and Innococo working in synergistic operation. if brand will further expand into foodservice channels, online platforms, etc., fully capturing the growth opportunities in China’s coconut water industry, while the other brand, Innococo, plans to enter the sports drink market while continuing to diversify its beverage offerings, creating a balanced structure of “dual brands + multiple categories”, driving sustained growth in the Company’s performance.
On the other hand, IFBH will accelerate its global expansion. In the first half of the year, the Company saw significant year-on-year revenue growth in markets such as Australia, the United States, and Canada. Looking ahead, IFBH will focus on expanding into Southeast Asia and the Americas. The Company’s asset-light model provides high agility for business expansion. Moving forward, IFBH is expected to replicate its success in the Chinese market and advance toward becoming a global leader in coconut water. For long-term investors, IFBH is not only a high-quality player in the health consumption sector but also a rare option with the potential for sustained growth and resilience through market cycles.
Foshan Haitian Flavouring and Food Company Ltd., (HKG:3288, 603288.SH) a leading player in the condiment industry, has consistently deepened its expertise in the sector while continuously exploring all-encompassing culinary solutions. The company delivered solid interim results with both revenue and profit showing growth, further consolidating its leading position in the market.
Highlights: – Revenue reached RMB15.23 billion in the first half of the year, up 7.6% year-on-year – Net profit reached RMB3.91 billion, up 13.3% year-on-year – The exploration of all-encompassing culinary solutions injected strong momentum for future growth
Despite a sluggish consumer market and ongoing pressure on retail in mainland China in recent years, coupled with intensified competition and evolving consumer demands in the condiment industry, Foshan Haitian Flavouring and Food Company Ltd. (3288.HK, 603288.SH), a leading Chinese condiment producer listed in Hong Kong this year, has delivered a robust set of interim results. The company reported an increase of 7.6% in revenue to RMB15.23 billion, while net profit attributable to owners of the listed company rose 13.3% to RMB3.91 billion, demonstrating its resilience and steady growth. Supported by the strong operating performance, the company has declared an interim dividend of RMB2.6 per 10 shares held to reward its shareholders.
Specifically, all four of Haitian Flavouring’s core business segments reported growth: Revenue from soy sauce products increased by 9.1% year-on-year to RMB7.93 billion; revenue from oyster sauce products reached RMB2.5 billion, up 7.7% year-on-year; revenue from seasoning sauce products rose 12% year-on-year to RMB1.63 billion; revenue from specialty condiments and other products recorded a significant increase of 16.7% to RMB2.51 billion. Haitian’s strong performance amid market headwinds can be attributed to its multi-dimensional competitive strengths and the strengthening of its brand moat.
A Century of Accumulation Builds a Robust Brand Moat Haitian Favouring is a century-old Chinese condiment brand with origins tracing back to ancient soy sauce factories in Foshan during the Wanli period of the Ming Dynasty — a history spanning over 400 years. The company established the Haitian Seasoning Factory in 1955, listed on the Shanghai Stock Exchange in 2014, and expanded to the Hong Kong Stock Exchange in 2025, embarking on a new chapter with dual capital platforms in both A-share and H-share markets.
After years of development, Haitian has solidified its leading position in the mainland condiment market. It has been the largest condiment company in China for 28 consecutive years in terms of sales volume. The soy sauce and oyster sauce products consistently hold the number one positions, while flavored sauce, vinegar, and cooking wine products achieved leading market positions in China. The brand is deeply rooted in the hearts of consumers and has become a household name in China. This long-term accumulation has built a robust brand moat for the company.
Of course, Haitian’s sustained industry leadership is closely tied to its continuous investment in technology, ensuring consistently high product quality. In 2024, the company invested RMB840 million in R&D, with a cumulative investment of over RMB5,900 million in the past decade. Haitian now holds more than 1,000 authorized patents. Earlier this year, it was recognized as a “Lighthouse Factory” by the World Economic Forum (WEF) for five globally leading intelligent brewing technologies, becoming the world’s first soy sauce brewing manufacturer to receive this designation. These achievements not only guarantee the quality and safety of Haitian’s products but also enhance their market competitiveness, providing solid technical support for the company’s ongoing exploration of all-encompassing culinary solutions.
Proactively Developing New Flavors and Advancing All-encompassing Culinary Solutions to Cater to Consumption Upgrading While consolidating its core product categories, Haitian has adhered to its strategic positioning of “all-encompassing culinary solutions”, accurately capturing domestic market opportunities and actively developing specialty condiments. The company has launched products such as salad dressing, spicy liquid seasoning, chicken essence and chicken broth, etc., aiming to provide comprehensive product offerings for all kitchen and dining table seasoning needs. This effort continues to enhance its influence in the seasoning segment, diversify revenue streams, and drive sustainable growth.
In terms of vinegar products, Haitian has innovatively developed rice vinegar categories such as white rice vinegar, black rice vinegar and fresh rice vinegar, as well as specialty vinegars such as apple cider vinegar and glutinous rice sweet vinegar, and actively laid out in niche segments like organic vinegar. In terms of cooking wine products, Haitian has introduced products like Haday Old Technique Cooking Wine, Haday Old Technique Cooking Wine with Ginger and Scallion, etc., forming a multi-tiered portfolio that includes the basic series, the organic series and the time-honored series to enrich consumer choice.
In response to consumer demand for green, healthy, and diverse multi-scenario options, Haitian has actively developed specialty condiments. In the first half of 2025, the company launched products aligned with health and nutrition trends, such as organic, light-salt, and gluten-free series. It also introduced “dishes with just one sauce (一汒戒蒜)” product lines including salad dressings, seafood dipping sauces, and sour and spicy salad dressing, continually meeting consumers’ pursuit of convenience while enhancing its influence in the seasoning segment.
Building a Premium Supply Chain System to Reinforce Competitive Moat Building on its scale advantages, Haitian has continuously strengthened its supply chain management, focusing on “quality, efficiency, and cost” to build a premium supply chain system that further consolidates its industry leadership.
In supply chain operations, Haitian adheres to the philosophy of “good ingredients produce good products” by strictly controlling raw material quality. Leveraging digital tools to drive the digital transformation of its supply chain, optimize resource allocation, and enhance flexible production capabilities. Its Gaoming Factory has become an industry benchmark, recognized for its advanced intelligent manufacturing and highly efficient operational model. By integrating intelligent technologies and operational excellence, Haitian ensures consistent product quality while achieving efficiency and cost advantages, enabling it to provide users with high-quality and cost-effective products.
Furthermore, Haitian actively promotes green development across the entire industry chain. In July of this year, as a core “chain leader” enterprise, the company initiated the industry’s first all-chain carbon reduction alliance— advancing the establishment of a green supply chain ecosystem and leading the low-carbon transition in the condiment industry.
Current Price Offers Value Opportunity In summary, Haitian has a solid operational foundation and remains committed to strengthening its core businesses. Its premium supply chain system further amplifies economies of scale, creating competitive barriers in both quality and efficiency, thereby enhancing overall competitiveness.
At the same time, guided by a user-centric philosophy, the company continues to enrich its product portfolio and develop all-encompassing culinary solutions, opening up new growth opportunities. Furthermore, its listing in Hong Kong will help advance its global expansion strategy. As an industry leader with revenue and profitability far exceeding industry averages, Haitian still possesses room for valuation expansion. With the gradual realization of the advantages brought by its dual capital platform structure (“A + H”), the company’s future growth potential remains promising.
Grass-fed provenance and advanced R&D connect European dairy from Ireland with Singapore’s food innovation ecosystem and regional HQs
Building on the success of the European dairy exports from Ireland to Asia, which exceeded €440 million in 2024, the European Union and Ireland today launched the “European Dairy – Ireland, Where Nature Meets Science” campaign. This €3.2 million co-funded investment aims to strengthen Asia’s nutrition pipeline and foster long-term trade partnerships. Positioning Singapore as the regional hub, the three-year project running until 2028 will focus on building supply resilience, and driving new partnerships across Singapore, China, and Vietnam.
Singapore stands at the heart of Asia’s food innovation and trade ecosystem. Its world-class safety standards, research infrastructure, and regional influence empower European dairy to meet Asia’s demand for sustainable, traceable, and science-driven ingredients in a volatile global market.
Her Excellency Sarah McGrath, Ambassador of Ireland to Singapore, said, “This campaign is a symbol of Ireland’s commitment to strengthening the bridges between Europe and Asia. By launching in Singapore, we are reinforcing not only a vital trade relationship but also our shared pursuit of innovation, research, and sustainable development in food. Ireland’s expertise in science-driven agriculture, combined with Asia’s leadership in food innovation, creates an opportunity to deepen trust and collaboration across sectors. This initiative reflects the spirit of partnership that will define the future of our cultural and economic ties.”
Driving this mission is Bord Bia – the Irish Food Board, which champions the national and international growth of Ireland’s food, drink, and horticulture sectors. With a strategic network of offices across Europe, the Middle East, Africa, the United States, and Asia (Singapore, Shanghai, Tokyo), Bord Bia connects European producers from Ireland with priority partners in these key markets, strengthening trade links and fostering long-term collaboration.
Lisa Phelan, Director for Southeast Asia and Australia and New Zealand at Bord Bia, explained, “Ireland’s grass-fed, sustainably produced dairy, supported by Origin Green, our pioneering national food and drink sustainability programme, brings provenance, quality, and science-driven innovation – but we cannot achieve impact alone. By collaborating with Singapore, which combines technological expertise, research capabilities, and regional market knowledge, we can secure Asia’s nutrition future with dairy that is trusted, traceable, and future-ready. This campaign exemplifies how Europe’s strengths and Asia’s innovation ecosystem can come together to drive sustainable, long-term food solutions.”
Europe’s Flagship for Sustainable Dairy – Ireland
In Europe, Ireland leads in sustainable dairy production, combining grass-fed farming at scale with advanced science and research and development. Key credentials include:
90% of herds are grass-fed, unique globally at this scale.
95% of processors are enrolled in Origin Green, the independently verified sustainability programme.
Ranked second globally in the Food Security Index, underscoring safety and reliability.
Home to the Dairy Processing Technology Centre, developing functional ingredients for infant formula, medical nutrition, and food innovation.
The campaign aims to:
Reaffirm European Dairy’s reputation as high-quality dairy suppliers 2. Provide traceable, science-driven ingredients 3. Connect Singaporean firms with European Union innovation pipelines
Setting New Benchmark for Western Fast Food Market Penetration in China
HONG KONG, Aug 29, 2025 – (ACN Newswire) – As Western fast food gains increasing acceptance among local consumers, China’s Western quick-service restaurant (QSR) market continues its rapid expansion.
DPC Dash Ltd – Domino’s Pizza China (1405.HK), Domino’s Pizza’s exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Region of China, and the Macau Special Administrative Region of China, recently reported its first-half 2025 results. The company has distinguished itself in China’s intensely competitive Western fast-food landscape, setting a new benchmark for strong performance while maintaining operational efficiency and strengthening market competitiveness.
According to Frost & Sullivan, DPC Dash became China’s second-largest pizza brand by 2024 sales revenue. The company has not rested on its laurels, with 2025 first-half results demonstrating exceptional performance across multiple metrics, achieving historical highs while sustaining growth momentum. Revenue has maintained double-digit growth for consecutive years, reaching RMB2.59 billion, up 27.0% year-over-year. After achieving its first full-year positive reported and adjusted net profit in 2024, the company posted dramatic net profit growth of 504.4% in the first half of 2025 to RMB65.92 million, while adjusted net profit surged 79.6% to RMB91.42 million. The simultaneous achievement of revenue growth and profit expansion amid market volatility underscores the company’s growth resilience.
DPC Dash has rapidly expanded its store network in recent years. Since the current management team began its tenure in the third quarter of 2017, the company has effectively implemented its “go-deeper, go-broader” store expansion strategy, growing from approximately 100 stores to 1,198 stores across 48 mainland Chinese cities. Since entering the Central and Western China market in December 2022, the company has established 100 stores within just two and a half years. DPC Dash’s expansion strategy emphasizes quality over speed. The company has established rigorous site evaluation standards to ensure each new location meets the fundamentals required for long-term profitability, a disciplined approach that has maintained its store closure rate well below industry benchmarks. Store quality is reflected not merely in quantity but in sales performance that leads the global Domino’s system. New market entries have been enthusiastically received by local consumers, with long queues frequently observed at newly opened Domino’s Pizza stores. The first store in Shenyang broke the previous annual sales record of over RMB 31 million set by the Xiamen SM Phase III store within just 198 days of operation. In August 2025, the first Handan store shattered global Domino’s first-day sales records with over RMB540,000 in sales and more than 6,000 orders. DPC Dash currently occupies 48 of the top 50 positions for first 30-day sales among the Domino’s network of over 21,500 stores worldwide. DPC Dash has demonstrated remarkable business resilience. Even under the twin pressures of new store openings and market volatility, the company achieved positive same-store sales growth (SSSG), when adjusting for the impact of high-performing stores entering their SSSG cycles, a testament to its superior operational discipline.
The SIAL “2025 Pizza New Innovation White Paper” identifies surging demand for delivery as a primary driver of robust growth in China’s pizza market. In 2022, China’s online pizza market share surpassed in-store sales for the first time, reaching 58.1%, with online market share expected to continue rising in the coming years. DPC Dash has been providing reliable delivery services for years, offering a “30-minute delivery guarantee with free pizza vouchers for late deliveries” service commitment, achieving 94% overall on-time delivery rates during the first half of 2025, which establishes a foundation for future online market expansion.
Multi-Pronged Strengths in Product and Operations Deepen Consumer Experience
Leveraging Domino’s global brand assets and local supply chain management capabilities, DPC Dash has progressively achieved operational efficiency while providing consumers with delicious pizza at value and diverse dining experiences.
In the QSR industry, taste represents one of the primary competitive advantages. DPC Dash maintains classic, bestselling Domino’s products on its menu while preserving pricing consistency over the years, ensuring consumers receive familiar tastes and experiences even after an extended period since their last visit, creating strong brand familiarity and consumer trust. Meanwhile, DPC Dash continuously embraces new trends and product innovation, actively exploring flavor and ingredient combinations while introducing crust diversification. In the first half of 2025, the company further enriched its popular durian pizza and volcano crust offerings, introducing Dubai Chocolate Musang King Durian Pizza and Cocoa Volcano Crust, among others, while adding new combinations including Tuscany-Inspired Cheese Salmon Pizza and Stuffed Crust (Cocoa & Cheese). DPC Dash offers industry-leading crust selections, paired with a highly customizable WeChat Mini-Program ordering system that enables over 400 combinations. This not only delivers customers the joy of culinary exploration but also precisely addresses personal taste preferences, demonstrating deep category expertise and nuanced consumer insights.
Affordable Western fast-food brands are now accelerating market penetration, reaching more lower-tier market consumption scenarios. The SIAL “2025 Pizza New Innovation White Paper” projects that an estimated 15,000 new stores will be expected to open in China’s lower-tier markets between 2025 and 2027. Building on product diversification, DPC Dash’s pricing strategy maintains competitive advantages. The menu remains streamlined and maintains value, classic, and indulgent categories to serve different customer segments. For sales channels, DPC Dash leverages third-party delivery platforms for limited-time and selective sales offerings to preserve its pricing advantage. The company also builds the membership ecosystem through multiple channels, offering free pizzas and snacks through mini-games and providing substantial value through up to 10% points redemption rates, while incorporating gamification elements like points lotteries and membership rewards to enhance member engagement.
To better reach younger consumers, DPC Dash has actively enhanced its promotional approach. Brand marketing has diversified toward cross-industry collaborations and social media platform branding. DPC Dash has cultivated strategic IP collaborations with Tencent’s video game Ash Echoes and Hello Kitty last year and NetEase’s video game Egg Party and Snoopy this year, covering gaming and cultural IP beloved by young consumers, speaking directly to Gen Z culture and values, strengthening emotional connections and establishing cultural resonance beyond transactions. DPC Dash also launched on Douyin and other short video and live streaming platforms last year, expanding its reach through social media, strengthening and reinforcing its youthful, digital brand image.
In the first half of 2025, DPC Dash’s loyalty program accumulated 30.1 million members, representing 55.2% year-over-year growth as one of the most impressive strategic achievements of the half-year performance. Revenue contributed by loyalty members as a percentage of total revenue increased from 63.6% to 66%, with both membership scale and stickiness rising, expanding the user base while deepening engagement and loyalty. The consumer base has become more diverse, bringing delicious pizza to more consumers.
Long-term Potential Through Balanced Growth
DPC Dash’s first-half performance demonstrates a rare balance of healthy growth and profitability, with the brand continuing to build sustainable competitive advantages that establish a solid foundation for maintaining growth and capturing market share even amidst an ever-changing consumption environment.
Through delicious, high-value offerings, efficient deliveries, and trusted brand strength alongside solid operational foundations, DPC Dash has distinguished itself in the rapidly expanding Western QSR sector.
While scaling operations continuously, the company has maintained an unwavering focus on store-level model health and operational efficiency, underpinning steady improvements in overall profitability metrics. This development model, which combines explosive growth with resilience, positions DPC Dash as a compelling long-term growth story in the Western QSR industry, demonstrating substantial potential to weather cycles and create sustained value.
This Merdeka and Hari Malaysia, Spritzer Sparkling is adding an extra pop to the nation’s celebrations with “Kasi Sparkling, Baru Kick!”. This high-energy campaign is a tribute to Malaysia’s favourite pastime – bonding over hearty food and thirst-quenching drinks. From the eternal “Where to eat?” debates to late-night mamak sessions that stretch into early mornings, these shared moments are part of what makes us Malaysian.
Inspired by the lively, welcoming atmosphere of mamak restaurants nationwide – the melting pot where Malaysians of every race, language, and background gather – Spritzer Sparkling is bringing a fun twist to your favourite local beverages with exciting engagement games and prizes to be won at selected mamak outlets, guaranteed to refresh your senses and spark national pride.
Mamak Culture, Now with More Sparkle From teh ‘o’ to sirap limau and asam boi, Malaysian drinks are iconic in their own right. Spritzer Sparkling is taking these familiar flavours and giving them a bubbly boost at some of your favourite neighbourhood mamak restaurants, creating new taste experiences that blend tradition with modern fun.
Mamak restaurants have always been the heart of get-togethers for Malaysians from all walks of life; where friends, families, and even strangers share tables, stories, and laughter. This campaign captures that same magic in every sip, celebrating the diversity of our people while proving that great taste knows no boundaries.
Photo 1: The three new Spritzer Sparkling drink recipes in the Kasi Sparkling, Baru Kick! Campaign
A Campaign Video That is Bursting with Energy Showcasing the Malaysian spirit, “Kasi Sparkling, Baru Kick!” is a colourful, feel-good celebration video featuring “Aneh”, the friendly mamak waiter. Infused with a twist on our favourite thirst-quenchers, the campaign highlights three mouth-watering drink recipes, each given an irresistible sparkling twist, brought to life by a vibrant local cast speaking different regional dialects, with Aneh delivering the mamak’s urban rhythm in his signature rap style.
Photo 2: Kasi Sparkling, Baru Kick! campaign video
Join the Festivities Nationwide From Merdeka to Malaysia Day, the celebration will come alive with a sparkling kick at selected mamak chain outlets – including Restoran Nasi Kandar Subaidah, Restoran Hameediyah, and Nasi Kandar Bestari. Enjoy exclusive combo deals featuring the new sparkling drink creations and join exciting roving roadshows designed to surprise, delight, and refresh your taste buds.
Whether you are there for the food, the drinks, or the atmosphere, you will not want to miss this limited-time celebration. All event details, locations, and recipes are available at the official campaign page: sparklingmerdeka2025.spritzer.com.my
So, this season, let us raise our glasses to unity, flavour and fizz. Your favourite local drinks are getting a sparkling new twist—Malaysian flavours with extra kick—ready to enjoy at home or at your favourite mamak. Taste the celebration, anywhere you are.
About Spritzer
Established in 1989, Spritzer is Malaysia’s largest producer of bottled water, offering a wide range of products that include natural mineral water, distilled water, sparkling water, carbonated fruit-flavoured drinks, and non-carbonated fruit-flavoured drinks.
Our water is sourced from deep underground aquifers within 430 acres of pristine rainforest, naturally protected from pollution. It takes over 15 years to filter through ancient rock layers, becoming enriched with essential minerals, particularly silica, which supports collagen formation for healthy skin and strong bones.
Spritzer is committed to sustainability and innovation, using 100% recyclable packaging and working toward becoming a fully circular brand by 2030. Our Industry 4.0 facilities and zero-energy automated warehouse demonstrate our dedication to efficiency, environmental care, and forward-thinking growth.
Multiple offers and theme days boost consumption and traffic
– The Food Expo, Food Expo PRO, Hong Kong International Tea Fair, Beauty & Wellness Expo, and Home Delights Expo successfully concluded today, bringing together approximately 1,890 exhibitors and welcoming over 500,000 visits. – The per capital spending across the five fairs reached HK$1,630. – 48% of respondents believe that health, green and organic food trends are worth paying attention to. Halal food and beverage label at the expo helps promote the development of halal foods. – The five theme days, along with a series of exciting activities effectively boosted local consumption and created a bustling atmosphere. – The International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM) featured 21 prominent speakers who shared innovative achievements and development trends in the globalisation of Chinese medicine.
Organised by the Hong Kong Trade Development Council(HKTDC), the Food Expo, Beauty & Wellness Expo, and Home Delights Expo successfully concluded today. Food Expo PRO and the Hong Kong International Tea Fair, which opened to both industry professionals and the public for the first time, wrapped up successfully on 16 August. The five exhibitions featured some 1,890 exhibitors and attracted over 500,000 visits. The bustling atmosphere resulted in a per capita spending of HK$1,630, once again demonstrating the appeal of this annual event and the public’s purchasing power. Over at Food Expo PRO and the Hong Kong International Tea Fair, there were some 18,500 buyers from 64 countries and regions. Apart from Hong Kong, buyers came from Mainland China, Japan, Korea, Taiwan, as well as ASEAN countries, including Cambodia, Malaysia, the Philippines, Thailand, and Vietnam, among others, highlighting Hong Kong’s significant role as a key food trade hub globally. Additionally, the International Conference of the Modernization of Chinese Medicine and Health Products, organised by the Modernized Chinese Medicine International Association (MCMIA) together with the HKTDC and ten scientific research institutions, also concluded successfully on 15 August.
Sophia Chong, HKTDC Deputy Executive Director, stated: “This year, the event featured five major themes across several exhibitions, complemented by a variety of exciting activities that encouraged people to spend locally. The atmosphere was vibrant, fully reflecting the public’s enthusiasm for gourmet food and trendy products. Due to weather conditions on the first day, the opening hours of the public fairs from Friday to Sunday were extended to provide exhibitors with greater opportunities to maximise sales and enhance visitor experiences. The Hong Kong International Tea Fair, which opened to the public over all three days for the first time, attracted significant attention and praise.”
Despite challenges from sluggish trade in traditional markets and geopolitical challenges, the HKTDC has consistently focused on driving innovation, helping small and medium-sized enterprises seize global development trends, and creating opportunities through innovative and flexible thinking.
Ms Chong added: “At this year’s Food Expo and Food Expo PRO, we specifically curated products and services related to halal food, the silver economy, and food technology to meet emerging market demands and capture more business opportunities for exhibitors. We are pleased to see that the five exhibitions successfully generated more business for exhibitors, and the public enjoyed the culinary and shopping experience fully.”
Per capita spending reached HK$1,630; increased interest in halal foods During the exhibition, the organisers conducted a random sampling survey, interviewing some 1,440 visitors. The per capita spending reached HK$1,630. Over 58% of respondents reported spending HK$1,000 or more at the exhibition, and over 30% indicated that their actual spending exceeded their original budget, demonstrating a strong and thriving consumption atmosphere during the event. The survey results also showed respondents believe that health, green and organic food (48%), and nutritional supplements (36%) trends are worth paying attention to. Among the respondents who are aware that the exhibition has a halal food and beverage label, more than half of the respondents (52%) believe it helps promote the development of halal foods.
Vibrant consumption at the exhibition: encouraging sales performance As a highly anticipated annual event in the city, the Food Expo is dedicated to highlighting exquisite delicacies and fine wines from around the world. Director of exhibitor Yick Cheong Ho (HK) Limited, Joan Chui, stated that the Flavours of Intangible Cultural Heritage theme day has drawn extra interest and expected revenue of approximately HK$900,000.
Some exhibitors are further expanding their business through the Food Expo. Huaying Lei, the chairman of Mayang Blue Phoenix Agricultural Development Co., Ltd from Mainland China stated that the company had signed a RMB60 million contract with a Hong Kong client for agri-products including high-quality edible eggs. Lei believed the Food Expo offers a perfect platform to showcase their wide-ranging products from Hunan Province.
The concurrently held Beauty & Wellness Expo offered visitors a diverse range of premium products, with brand Mars, a Taiwan whey protein brand, the brand marketing manager Roy Wong said, “This year, the visitor traffic exceeded our expectations and we expect our on-site sales will increase by 30% to HK$200,000.”
The Home Delights Expo showcased a variety of trendy household items and furniture. Andy Tsang, the design director of Renovation Guide Consultant Limited – specialising in interior design and decoration and participating in the expo for the first time – said, “Such a large number of new customers visiting our booth went above and beyond our expectations. We provided quotations to over 20 new clients, and we estimate that sales turnover will be around HK$2-3 million.”
Trade exhibitions expand business networks; thriving opportunities in halal food The 3rd Food Expo PRO and the 35th Food Expo introduced halal food and beverage label last year to help exhibitors expand their market for halal products. This year, more than 120 food suppliers showcased halal products from around the world, a 20% increase compared to last year. Daniel Chan, Director of Hong Kong exhibitor, Koon Chun Hing Kee Soy & Sauce Factory Ltd., said the company had seen many buyers from different countries and regions and discussed cooperations with five Mainland China and local distributors and restaurants and also met a buyer from Indonesia through the Click2Match platform.
The new “Coffee” zone also debuted this year, showcasing coffee products, accessories, and machines from various origins. Jin Lu, Operations Director of CSFA Holdings Shanghai Co. Ltd., stated that the company has engaged with nine exhibitors from Mainland China, the U.S., South Korea, and other regions. The company is interested in placing a coffee beans order of approximately 50 metric tons (worth around RMB3 million) from a Yunnan-based supplier, as well as a RMB700,000 order for premium hairtail fish from a Korea exhibitor.
The highlight zone, “Food Science and Technology,” brought alternative and future food to the attention of professional buyers. My Care Healthcare Limited, a manufacturer of modified soft diet products for the elderly. Founder Francis Ho said they had discussions with nearly 120 buyers on the first day. On the last day of the fair, HKTDC arranged specialised medical industry buyer tours of which there were two potential buyers and the company is in talks with two hospitals to discuss the potential of supplying soft meals to them.
The Okinawa Prefectural Government Hong Kong Representative Office organised four Okinawan companies to participate in the Food Expo PRO and successfully connected with buyers from Hong Kong, Mainland China, and international markets. Director Yasutoshi Nohara stated the fair helps them generate around HK$4 million in orders every year. Mr Nohara said the expo has been instrumental in providing them with a great opportunity, particularly to introduce Okinawan products in the Greater Bay Area and expand beyond Hong Kong with items that have not been shown in other markets before, such as soft shell turtle and Motobu beef.
Sichuan Sentaiyuan Biotechnology Co., Ltd. has participated in the Food Expo PRO for four consecutive years, promoting healthy products. The company’s CEO, Liu Lei shared, “On the first day of the Expo, we met a long-time Hong Kong client in person for the first time, leading to a successful deal worth over US$5 million. The HKTDC also introduced several potential buyers from Japan, Singapore, and other regions and we expect deals to be finalised soon.” Mr Lei also mentioned that through the hktdc.com Sourcing platform, the company received around 30 inquiries before the expo and arranged on-site meetings with several clients. The “EXHIBITION+” hybrid model has significantly boosted the company’s visibility and secure more business opportunities.
The Hong Kong International Tea Fair opened to trade and public visitors on all three days for the first time. Yip Wing-chi, Founder of exhibitor, Lock Cha Tea House, welcomed this arrangement and noted that there was a significant increase in traffic, creating a lively atmosphere. The public participation has effectively boosted business. Mr Yip said this year’s sales were three times higher than last year.
Hybrid model connecting local and overseas opportunities This year, both Food Expo PRO and the Hong Kong International Tea Fair continued to adopt the EXHIBITION+ hybrid model, enabling global food and tea buyers to engage in business discussions through both physical exhibitions and online platforms. Until 23 August, exhibitors and buyers can still utilise the “Click2Match” smart matching platform for online discussion and to explore business opportunities.
Chinese Medicine Conference Gathers Experts and Scholars to Promote Industry Exchange The International Conference of the Modernization of Chinese Medicine and Health Products, organised by the Modernized Chinese Medicine International Association in partnership with the HKTDC and ten scientific research institutions, has successfully concluded. The conference unveiled the latest professional information on traditional Chinese medicine and shared innovative achievements and development trends in the globalisation of Chinese medicine. Held concurrently with the Food Expo, Beauty & Wellness Expo, Home Delights Expo, Food Expo PRO, and the Hong Kong International Tea Fair, the event covered diverse fields such as food, beauty, health, home products, and Chinese medicine, successfully creating a synergistic effect, providing a broad platform for industry exchange.
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 over 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.
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