The rise in the price of raw materials pushed up the cost of condiments, and institutions paid high attention to 9 concept stocks

Chinese Restaurant Brands Going Global: What Keeps Customers Coming Back After the Opening?

How long can the queues outside a brand’s first overseas store last? And how many customers drawn in by the novelty will become regulars? For Chinese restaurant brands expanding internationally, opening a store is only the beginning of the challenge of building a local business and retaining customers.

DYU Raises Nearly CNY 100 Million in Pre-B Round to Expand Overseas Retail and Smart-Mobility Products

DYU（大鱼智行）, a Chinese electric-bike and smart light-mobility company, announced on September 10 that it had completed a Pre-B funding round of nearly CNY 100 million. Tongxin Capital（同鑫资本）led the round, with several other institutional investors participating. The proceeds will support product development, AI capabilities, international brand building and supply-chain improvements.

Anjoy Foods Plans USD 74.25 Million Indonesia Joint Venture to Expand Local Production

Anjoy Foods Group（安井食品）has approved a joint venture to establish food production and sales operations in Indonesia, with the two partners committing combined cash contributions of at least USD 74.25 million. The board approved the proposal on September 9, according to a company announcement dated September 10.

Haitian: Revenue Growth Rate Remains at 20%, in Line with Expectations for 3Q 2020

The course of Guangdong condiment company Foshan Haitian reflected segment generally enjoyed high growth in the second quarter. After the 3Q growth rate returned to normal levels, the secondary market reacted negatively.

Condiment Company Haitian Forecasts Net Profit to Rise 13% YoY in 1H2020

Listed companies in China's condiment industry saw positive revenue and net profit growth.