Financial Performance - Want Want China Holdings Limited reported a revenue of HKD 6.5 billion for the fiscal year 2019/2020, representing a 5% increase compared to the previous year[14]. - The company achieved a net profit of HKD 1.2 billion, which is a 10% increase year-over-year[14]. - The revenue for the fiscal year ended March 31, 2020, was RMB 20,094,531, a slight decrease from RMB 20,712,027 in the previous fiscal year[38]. - Profit for the year was RMB 3,636,243, compared to RMB 3,462,571 in the previous fiscal year, reflecting an increase of 5.0%[38]. - The gross profit margin for the year was 48.4%, showing a stable performance compared to previous years[36]. - The EBITDA margin for the year was 27.8%, indicating a solid operational efficiency[36]. - The company declared dividends of RMB 3,649,215, an increase from RMB 2,877,682 in the previous fiscal year[38]. - Basic earnings per share for the year was RMB 29.38, up from RMB 27.93 in the previous fiscal year[38]. - Revenue for FY2019 decreased by 3.0% to RMB20,094.5 million compared to FY2018, impacted by the COVID-19 pandemic[43]. - Gross profit margin increased from 45.4% in FY2018 to 48.0% in FY2019 due to product-mix optimization and decreased raw material costs[43]. - Operating profit rose by 4.8% to RMB4,805.9 million in FY2019 compared to FY2018[43]. - Net profit attributable to equity holders increased by 5.0% to RMB3,649.2 million in FY2019 compared to FY2018[43]. Strategic Initiatives - The company plans to expand its product line with the introduction of three new snack products in the next fiscal year[14]. - Future outlook includes a projected revenue growth of 8% for the upcoming fiscal year, driven by market expansion strategies[14]. - Market expansion efforts will target Southeast Asia, with a goal to increase market share by 10% in the region[14]. - The company has initiated discussions for potential acquisitions to diversify its product offerings and enhance market presence[14]. - Want Want China Holdings Limited has set a performance guidance of HKD 7 billion in revenue for the next fiscal year[14]. - The company aims to create new business ventures annually, emphasizing the importance of teamwork and dedication among employees[32]. - The management highlighted the need for a long-term vision to ensure sustainable profitability and growth[32]. - The company is focused on integrating talent, technology, and market strategies to achieve its goal of becoming a "World Elite Dragon"[32]. Operational Efficiency - Want Want China Holdings Limited is focusing on enhancing its supply chain efficiency, aiming for a 20% reduction in logistics costs[14]. - The company is investing HKD 300 million in new technology for production automation to improve operational efficiency[14]. - The Group achieved a 100% complaint resolution rate and a 100% pass rate of quality inspection of finished goods[67]. - The Group's quality control initiatives included 223 national QC teams and 1,823 in-service circle members, resulting in tangible benefits amounting to RMB 8.2353 million from 14,178 accepted proposals[114]. - The Group's recall management process is standardized, ensuring timely identification and resolution of food safety risks[172]. - The average traceability time for product recalls is 3.18 hours, with a conformity rate of 99.10% during the reporting period[172]. - The Group has implemented an online quality assessment system to enhance food safety and operational efficiency, contributing to its digital transformation[164]. Market Presence - The company has a significant presence in the People's Republic of China, which is one of the fastest-growing economies globally, and has an extensive nationwide sales and distribution network[18]. - The company exports products to various markets, including North America, East Asia, Southeast Asia, and Europe[20]. - More than 90% of the Group's revenue and businesses were generated in the Chinese mainland during the reporting period from April 1, 2019, to March 31, 2020[61]. - The sales entity in Vietnam commenced operations in 2019, with plans for additional Southeast Asian sales entities in 2020[44]. - The company aims for overseas markets to become a significant growth engine in the future[44]. Corporate Culture and Employee Engagement - The company emphasizes a corporate culture that fosters communication and unity among employees and their families through various activities[24]. - The management philosophy focuses on being people-oriented, self-confident, and united, aiming to achieve sustainable profits and prosperity for both the group and individuals[30]. - The company aims to become the "Elite Dragons of the World" through periodic new ventures and collective efforts from all employees[30]. - The Group's commitment to employee rights includes providing a safe and healthy working environment and establishing career development platforms[187]. - The Group emphasizes a remuneration system that is systematic and fair, adjusting salaries based on efficiency and sustainable development principles[200]. Environmental and Social Responsibility - Cumulative investment in upgrading environmental protection technologies was RMB198 million[73]. - The Group used 3.5 billion cartons certified by the Forest Stewardship Council (FSC) and the Sustainable Forestry Initiative (SFI), equivalent to planting 63,000 trees[75]. - Solar photovoltaic power generated amounted to 2,550,000 kWh, reducing carbon dioxide emissions by about 2,036 tonnes[77]. - Energy efficiency increased by 17.97% compared to 2015, equivalent to saving 30,900 tonnes of standard coal[69][71]. - Utilization efficiency of water resources increased by 20.48%, equivalent to saving 1,920,000 tonnes of water[71]. - The Group has donated Water God disinfectant generation equipment to over 100 schools across China as part of its community support efforts during the pandemic[104]. - The Group's environmental, social, and governance (ESG) strategies involve active communication with stakeholders, including shareholders, consumers, and regulatory authorities[107]. Product Development and Innovation - The company aims to develop functional products focusing on sugar reduction, organic nutrition, and green packaging, enhancing health benefits while reducing unhealthy ingredients[121]. - The Group's R&D strategy emphasizes independent innovation, targeting consumer demand for safety and health in product development[115]. - A new branding business team "Shi Ji Yan" was established in 2019 to target younger consumer groups[44]. - New product series launched include "Prime of Love" for middle-aged consumers, "Fix Body" for fitness enthusiasts, and "Baby Mum-Mum" for new parents[44]. - The company integrates Chinese food culture into its products, enhancing their appeal through natural and healthy ingredients[121]. Supplier Management - The supplier management system includes strict qualification examinations and adherence to quality and environmental standards, ensuring integrity and mutual benefit[125]. - The group emphasizes risk assessment of suppliers through third-party platforms and on-site visits, rejecting those that do not meet standards[130]. - A quantifiable assessment standard for suppliers is established based on quality, delivery, cost, and service, with monthly evaluations conducted[134]. - The Group's supplier management includes annual reviews and daily assessments, with non-compliant suppliers blacklisted[145]. - In FY 2019, the Group had 1,403 centralized procurement suppliers, primarily local suppliers, managed according to the Group's supplier management measures[138]. Safety and Compliance - The Group's safety project in the second quarter of 2019 focused on "Full Inspection of Risks and Hidden Dangers," aligning with national safety production month themes[193]. - The Group's safety production policy prioritizes "safety first, prevention driven," ensuring comprehensive governance in production safety[189]. - The Group's factories achieved a production safety standardization level of Class C, with factories in Beijing and Shijiazhuang reaching Class B standard[189]. - There were no employee fatal accidents reported during the reporting period[195]. - The Group conducted 2,030 "One-Day Auditor" activities across 32 production bases to enhance product quality[150]. Intellectual Property Management - The Group owns 2,457 trademarks, 32 patents, and 112 copyrights registered in mainland China, ensuring robust intellectual property management[174]. - The intellectual property rights department conducts regular training for staff on legal knowledge related to intellectual property and advertising compliance[179]. - The Group's intellectual property rights department actively engages in protecting trademarks and fighting against counterfeiting, providing legal support for major cases[177]. - All product packaging, promotional materials, and advertisements are subject to review by the intellectual property rights department to ensure compliance with relevant laws and regulations[185].

Financial Performance - Revenue for the six months ended September 30, 2019, was RMB 9,304,071, representing a 0.6% increase from RMB 9,248,125 in 2018[16]. - Gross profit increased by 10.5% to RMB 4,550,046, with a gross profit margin of 48.9%, up from 44.5%[16]. - Operating profit rose by 15.9% to RMB 2,053,767, resulting in an operating profit margin of 22.1%, compared to 19.2% in the previous year[16]. - Profit attributable to equity holders of the Company increased by 18.4% to RMB 1,614,913, with a margin of 17.4%, up from 14.8%[16]. - The Company reported a significant improvement in key financial ratios, with gross profit margin increasing by 4.4 percentage points and operating profit margin increasing by 2.9 percentage points[16]. - Total revenue for the first half of FY2019 reached RMB 9,304.1 million, a 0.6% increase compared to the same period in FY2018[20]. - Core products contributed approximately 85% of total revenue, achieving a mid-single-digit revenue growth rate[20]. - Operating profit rose by 21.2% to RMB 1,894.5 million compared to the same period last year[20]. - Profit attributable to equity holders increased by 18.4% to RMB 1,614.9 million, with a profit margin of 17.4%, up 2.6 percentage points[21]. - The Group achieved mid-to-high single-digit revenue growth in overseas markets, driven by strong brand recognition and diverse product offerings[26]. Market Strategy and Outlook - The Company is focused on expanding its market presence and enhancing product offerings through new product development and technology advancements[16]. - Future outlook includes strategic initiatives aimed at increasing operational efficiency and market share in the competitive landscape[16]. - The Company is exploring potential mergers and acquisitions to bolster growth and diversify its product portfolio[16]. - Continued investment in research and development is planned to drive innovation and meet evolving consumer demands[16]. - The management remains optimistic about achieving sustainable growth and improving profitability in the upcoming periods[16]. - The Group's digital marketing initiatives enhanced interaction with young consumers, creating a fan ecosystem beneficial for customer base expansion[31]. - New product launches, including brown-sugar coated crackers and innovative packaging, have become significant revenue sources for the Group[28]. - The Group plans to launch specialized festival gift packs for rice cracker products in the second half of FY2019 to capitalize on the Chinese New Year sales peak[39][40]. - Emerging channels such as vending machines and official online malls have shown rapid growth, contributing to the overall revenue increase in core-brand rice crackers[36][38]. - The Group aims to leverage e-commerce platforms for marketing during the "Double 11" event and promote festive products for the upcoming Spring Festival[59]. Cost and Expenses - The Group's operating expenses as a percentage of revenue increased by 4.0% year-on-year to 28.5%, totaling RMB 2,655.6 million[20]. - Distribution costs for the first half of FY2019 were RMB 1,369.9 million, a decrease of RMB 69.2 million or 4.8% compared to the first half of FY2018, with distribution costs as a percentage of revenue decreasing to 14.7%[66][69]. - Administrative expenses for the first half of FY2019 amounted to RMB 1,285.7 million, an increase of RMB 170.6 million or 15.3% compared to the first half of FY2018, with administrative expenses as a percentage of revenue rising to 13.8%[67][70]. - The cost of sales decreased by 7.4% to RMB 4.754 billion in the first half of FY2019, mainly due to lower prices of key raw materials[50]. Inventory and Receivables - The Group's inventory turnover days increased to 94 days, while trade receivables and payables turnover days remained at 19 and 43 days respectively[18]. - As of September 30, 2019, the inventory balance was RMB 2,576.6 million, up from RMB 2,387.7 million as of March 31, 2019[85]. - Trade receivables turnover days remained stable at 19 days for both the six months ended September 30, 2019, and the year ended March 31, 2019[89]. - Trade payables relate mainly to raw material purchases with credit terms generally between 30 to 60 days[90]. Cash Flow and Financing - Cash generated from operations for the six months ended 30 September 2019 was RMB 2,585,259,000, resulting in net cash from operating activities of RMB 1,934,506,000[123]. - Dividends paid to equity holders for the six months ended 30 September 2019 amounted to RMB 2,543,364,000, compared to RMB 1,842,996,000 in the same period of 2018[123]. - Cash flows from financing activities included borrowings of RMB 3,801,633,000, with repayments of RMB 3,450,773,000 during the same period[123]. - The Group's cash and deposits as of September 30, 2019, amounted to RMB 16,636.2 million, a decrease of RMB 524.2 million compared to March 31, 2019, primarily due to dividend payments[74][77]. Assets and Liabilities - Total assets as of September 30, 2019, were RMB 29,353,781, a decrease from RMB 29,874,405 as of March 31, 2019[110]. - Total liabilities increased to RMB 15,396,272 from RMB 14,414,578, indicating a rise of about 6.8%[110]. - Total equity attributable to equity holders of the Company was RMB 13,957,509, down from RMB 15,459,827[110]. - The total borrowings were RMB 10,366,803,000, with RMB 1,637,941,000 due within one year[173]. Employee and Training - The average number of employees for the first half of FY2019 was approximately 42,140, a decrease of 3,960 employees compared to the average for the year ended March 31, 2019[92]. - Total remuneration expenses for the first half of FY2019 amounted to RMB 1,876.0 million, representing a decrease of 1.6% compared to the first half of FY2018[92]. - The Group has invested significant resources in continuing education and training programs for employees to improve their professional knowledge and skills[93]. Accounting and Compliance - The Group's financial statements are prepared in accordance with Hong Kong Accounting Standard 34 "Interim Financial Reporting"[103]. - The review of the condensed consolidated interim financial information did not reveal any significant matters that would affect the financial statements[103]. - The Group's financial information is presented in Renminbi (RMB) unless otherwise stated[126]. - The Group adopted HK (IFRIC) 23 to address uncertainty over income tax treatments, requiring separate consideration of each uncertain tax treatment[155].

Financial Performance - Revenue for the fiscal year 2018/2019 reached $5.6 billion, representing a 6.8% year-over-year growth[1] - Net profit increased by 12.3% to $1.2 billion, driven by cost optimization and higher sales volume[1] - Revenue for the year ended 31 March 2019 was RMB 20,712,027 thousand, an increase from RMB 20,149,781 thousand in the previous year[34] - Profit before income tax for the year ended 31 March 2019 was RMB 4,806,321 thousand, up from RMB 4,293,467 thousand in the previous year[34] - Net profit attributable to equity holders of the company for the year ended 31 March 2019 was RMB 3,476,599 thousand, compared to RMB 3,115,834 thousand in the previous year[35] - Basic earnings per share for the year ended 31 March 2019 were RMB 27.93 cents, up from RMB 24.93 cents in the previous year[36] - Total assets as of 31 March 2019 were RMB 29,836,438 thousand, an increase from RMB 26,683,103 thousand in the previous year[39] - Total equity as of 31 March 2019 was RMB 15,428,236 thousand, up from RMB 14,610,900 thousand in the previous year[39] - Dividends for the year ended 31 March 2019 were RMB 2,877,682 thousand, an increase from RMB 2,473,233 thousand in the previous year[37] - Revenue for FY2018 increased by 2.8% to RMB20,712.0 million compared to FY2017[42] - Gross profit grew by 9.2% to RMB9,400.2 million due to an increase in gross profit margin[42] - Profit attributable to equity holders of the company increased by 11.6% to RMB3,476.6 million[42] - Total revenue for the year ended 31 March 2019 increased by 2.8% to RMB20,712.0 million compared to the previous year[165] - Gross profit margin increased by 2.7 percentage points year-on-year to 45.4%[165] - Operating profit (excluding other income and other gains – net) increased by 16.8% to RMB4,077.4 million[165] - Profit attributable to equity holders of the Company increased by 11.6% year-on-year to RMB3,476.6 million[166] - The margin of profit attributable to equity holders increased by 1.3 percentage points to 16.8%[166] - Operating expense as a percentage of revenue was 25.7%, amounting to RMB5,322.8 million[165] - EBITDA increased by 9.4% to RMB4,586.5 million[163] - Total revenue for FY2018 increased by 2.8% to RMB 20.712 billion, with emerging channels becoming a key driver of growth[167] - Gross profit margin rose by 2.7 percentage points to 45.4% in FY2018, driven by optimized product mix and improved channel profitability[167] - Operating profit (excluding other income and gains) increased by 16.8% to RMB 4.077 billion in FY2018[167] - Net profit attributable to equity holders grew by 11.6% to RMB 3.477 billion, with a profit margin increase of 1.3 percentage points to 16.8%[167] - Total revenue for 2018FY increased by 2.8% to RMB20,712.0 million compared to 2017FY[191] - Revenue from rice crackers segment grew by 3.9% to RMB5,813.5 million in 2018FY[191][192] - Revenue from snack foods segment increased by 3.5% to RMB5,101.1 million in 2018FY[191] - Dairy products and beverages segment revenue rose by 1.6% to RMB9,729.6 million in 2018FY[191] Market Expansion and Growth - The company expanded its market share in China by 2.5%, reaching a total market penetration of 18.7%[1] - The company expects revenue growth of 5-7% for the next fiscal year, with a focus on expanding in Southeast Asia[1] - The company's first subsidiary in China was established in Hunan province in 1992, marking its entry into the Chinese market[9] - The company expanded from a rice cracker company to a diversified food and beverages company in the following years after entering China[9] - The company's subsidiary, Want Want Holdings Ltd., was listed on the Singapore Exchange Securities Trading Limited in May 1996[9] - The company was listed on the Hong Kong Stock Exchange on 26 March 2008 and was selected as a constituent of the Hang Seng Mainland Composite Index and the Morgan Stanley Capital International China Index in the same year[9] - The company's Taiwan Depositary Receipts were listed on the Taiwan Stock Exchange Corporation on 28 April 2009[9] - The company was selected as a constituent stock of the Hang Seng Index in Hong Kong on 5 December 2011[9] - The company's Taiwan Depositary Receipts were voluntarily withdrawn from listing on the Taiwan Stock Exchange on 15 October 2013[9] - The company's operations are primarily located in China, with additional operations in Taiwan, Japan, Hong Kong, and Singapore[10] - The company has an extensive nationwide sales and distribution network throughout China and exports products to markets including the United States, Canada, Southeast Asia, and Europe[10] - The company plans to introduce more unique new products to cater to different consumer scenarios and groups[42] - Over 90% of the Group's revenue and businesses were generated in Mainland China during the reporting period (1 April 2018 to 31 March 2019)[56][58] - The company plans to launch rice crackers with local characteristics in overseas markets as part of its expansion strategy[196] - In 2019FY, the Group will focus on product differentiation strategies, increasing the proportion of customized products and introducing new products like functional drinks and "Mr. Bond milk tea"[198] - Emerging channels became a new driving force for snack foods revenue growth in 2018FY[199] - The Group will concentrate resources on market-potential products like "Lactic Acid Bacteria" and "O-Bubble Fruit milk" in 2019FY[198] - Export sales of rice crackers achieved mid single-digit growth in 2018FY, with further expansion planned for overseas markets[196] Product Development and Innovation - New product launches contributed $450 million in revenue, accounting for 8% of total sales[1] - R&D investment increased by 15% to $120 million, focusing on innovative food and beverage technologies[1] - The company completed two strategic acquisitions, totaling $300 million, to enhance its product portfolio[1] - The company plans to invest $200 million in new production facilities to support future growth[1] - The company won the Food Safety Innovation Technology Award in July 2018[45][46] - The company won two bronze awards in the 9th Golden Mouse Digital Marketing Contest[47] - The company won the China Food Health Seven Star Award for the fourth consecutive year[49] - The company won the China Dairy Industry Quality and Safety Management Outstanding Enterprise Award and Outstanding New Product Award in August 2018[50][51] - The company was listed in the "Taiwan's Top 20 International Brands" for the 10th consecutive year with a brand value of US$897 million[52][53] - The Group is committed to developing leading and prospective products, focusing on safety, health, and taste, with an R&D strategy of "leading in technology and innovating the entire industrial chain"[69][71] - The Group continues to develop functional products, focusing on sugar reduction, organic nutrition, functional health, and green packaging, while integrating Chinese food culture into its products[74] - The company has achieved 100% localization of certain raw materials previously imported from overseas, such as aluminum[79] - The company focuses on reducing sugar, fat, and sodium content in products while increasing healthy carbohydrates from whole grains, fruits, and vegetables[75] - The company integrates traditional Chinese dietary culture, such as tea and soup culture, into its product development[75] - New products like "Tian She Mi Shao," "Dongchi," and "QQ juicy gummy" were launched, offering unique consumer experiences[179] - The Group introduced three "Palace" series snack foods inspired by IP elements from the Palace Museum[185][188] Operational Efficiency and Cost Management - Gross margin improved by 1.2 percentage points to 45.6%, driven by better cost management[1] - The company had 10,000 wholesalers, 427 sales offices, 35 production bases, and 85 factories in China as of 31 March 2019[30] - Non-current assets as of 31 March 2019 were RMB 8,641,902 thousand, compared to RMB 9,330,069 thousand in the previous year[39] - Current liabilities as of 31 March 2019 were RMB 6,295,159 thousand, down from RMB 8,728,952 thousand in the previous year[41] - The company has established a comprehensive supplier management system, including selection, evaluation, grading, and improvement processes[76][77] - The company prioritizes suppliers with outstanding performance in energy conservation, emission reduction, and social contribution[83] - The company has implemented a strict imported raw material filing system to strengthen traceability[82] - The company has developed an online quality assessment system to identify root causes of quality issues and provide early warning signs of risks[84] - The company has won the title of "Digital Promotion of China's Food Industry Transformation Model Enterprise" at the 3rd China Food Industry Internet Conference in 2018[84] - The company has established a full-process management system for raw material suppliers, ensuring compliance, quality, and safety[76] - The company strictly adheres to the "Food Recall Management Measures" and has established a standardized simulation traceability system and recall process[86][89] - The company conducted 502 two-way simulation traceability tests during the reporting period, with a conformity rate of 99% and an average tracing time of less than 4 hours[91] - The company implemented the Want Want Standard Safety Management System (WSSM System) and conducted quarterly EHS theme activities during the reporting period[100] - The company's product packaging, promotional materials, and advertisements are reviewed by the intellectual property and related departments to ensure compliance with laws and regulations[94][96] - The company provides employees with suitable protective equipment and conducts regular occupational health checkups for those exposed to occupational hazards[99] - The company's remuneration system is systematically designed and adjusted based on actual conditions, following principles of fairness and sustainable development[101] - The company conducted 284 specialized occupational health training sessions in 2018 to inform employees exposed to occupational hazards[103] - The company implemented a dual-track promotion system, offering separate channels for management and non-management roles (sales/technicians)[114] - Employees receive 2-5 additional days of annual leave based on their rank, in addition to statutory leave[105] - The company provides various employee benefits including festival welfare, wedding gifts, funeral consolation money, and commercial insurance[106] - The company strictly prohibits employment discrimination based on age, gender, nationality, race, and religion, and enforces a no-child-labor policy[111] - The company follows the WSSM (Want Want Standard Safety Management) system and conducts quarterly safety-themed activities to enhance workplace safety[103] - The company has established a comprehensive attendance management system, ensuring legal compliance with overtime payments and compensatory time off[107] - The company emphasizes lifelong learning and provides annual training programs for all employees to support their career development[113] - The company has set up a performance assessment system to assist employees in achieving promotion goals through relevant training[116] - The company adheres to the Labor Law of the People's Republic of China, ensuring fair and legal termination of employment contracts[112] - The company has 644 internal trainers as of 31 March 2019, with an average of 34 training hours per employee[118] - The company established a whistle-blowing mechanism with a hotline and mailbox to report corruption and fraud, offering rewards for real-name whistle-blowing[120] - The company conducted special audits in high-risk areas for corruption and fraud, promoting anti-corruption through videos, articles, and case studies[119] - The company implemented a "zero tolerance" policy towards violations of work and business ethics[119] Environmental Sustainability - Energy efficiency increased by 13.9% compared to 2015, equivalent to saving 23,000 tonnes of standard coal[61] - Water resource utilization efficiency increased by 12.1% compared to 2015, equivalent to saving 1,135,600 tonnes of water[62] - Cumulative investment in upgrading environmental protection technologies reached RMB193 million, with RMB28.0 million invested during the reporting period[61][63] - Solar photovoltaic power generation amounted to 1,450,000 kWh during the reporting period[64] - Cumulative investment in upgrading environmental protection technologies reached RMB193 million since 2016[125] - Waste water discharge reduced by 164,000 tonnes due to production water process optimization[127] - Utilisation efficiency of water resources increased by 12.1% compared to 2015[127] - RMB28.00 million was devoted to upgrading environmental protection technologies[123] - The company formulated internal monitoring standards for sewage treatment to ensure compliance with national or local standards[127] - Wastewater discharge reduced by 164,000 tons through production process optimization[129] - Total chemical oxygen demand (COD) emissions were 325 tonnes during the reporting period[129] - Nitrogen oxide (NOX) emissions reduced by 19,943 kg through modifications to gas-burning boilers[131] - Volatile organic compounds (VOCs) emissions reduced by 5,150 tonnes through equipment upgrades[131] - Total carbon dioxide emissions were 570,937 tonnes, with an emission intensity of 28.9 tCO2e per million RMB of output value[133] - Solar photovoltaic power generation project in Shanghai factory generated 1,450,000 kWh, reducing carbon dioxide emissions by approximately 1,160 tonnes[134][135] - Total non-hazardous waste amounted to 33,900 tonnes, with effective recycling and disposal measures in place[136] - Total energy consumption was 1,833,691 MWh, with electricity accounting for 357,413 MWh, natural gas for 1,121,059 MWh, and steam for 355,219 MWh[144] - Energy intensity was 92.97 MWh per million RMB of output value[144] - Saved electricity 42,000 kWh and 1,800,000 kWh through energy-saving measures in packaging materials factories and air compressors/water chillers respectively[145] - Saved 29,000 tonnes of steam annually through energy-saving renovations in confectionery and rice cracker plants[145] - Saved 700,000 m³ of natural gas annually through energy-saving renovations of rice cracker machines[145] - Reduced water consumption by 340,000 tonnes during the reporting period[149] - Total production output was 1,590,000 tonnes with packaging material usage of 222,000 tonnes, a 4% year-on-year decrease in packaging material usage per unit produced[150] - The Group prioritizes FSC-certified Tetra Pak packaging materials from renewable forests[150] - Water intensity decreased to 475.6 tonnes per million RMB of output value[148] - The Group promotes green procurement by collaborating with suppliers equipped with solvent recyclers and optimizing VOCs treatment[151] Corporate Social Responsibility and Employee Welfare - The Group has 45,100 serving employees, with 55% female and 45% male, and an average of 34 training hours per employee[65] - The Group obtained a total of 115 certificates for quality and food safety management systems, including ISO22000, ISO9001, HACCP, and BRC[67][70] - The company carried out 284 special occupational health training sessions for employees exposed to occupational hazards in 2018[99] - The company provides employees with suitable protective equipment and conducts regular occupational health checkups for those exposed to occupational hazards[99] - The company's remuneration system is systematically designed and adjusted based on actual conditions, following principles of fairness and sustainable development[101] - The company conducted 284 specialized occupational health training sessions in 2018 to inform employees exposed to occupational hazards[103] - The company implemented a dual-track promotion system, offering separate channels for management and non-management roles (sales/technicians)[114] - Employees receive 2-5 additional days of annual leave based on their rank, in addition to statutory leave[105] - The company provides various employee benefits including festival welfare, wedding gifts, funeral consolation money, and commercial insurance[106] - The company strictly prohibits employment discrimination based on age, gender, nationality, race, and religion, and enforces a no-child-labor policy[111] - The company follows the WSSM (Want Want Standard Safety Management) system and conducts quarterly safety-themed activities to enhance workplace safety[103] - The company has established a comprehensive attendance management system, ensuring legal compliance with overtime payments and compensatory time off[107] - The company emphasizes lifelong learning and provides annual training programs for all employees to support their career development[113] - The company has set up a performance assessment system to assist employees in achieving promotion goals through relevant training[116] - The company adheres to the Labor Law of the People's Republic of China, ensuring fair and legal termination of employment contracts[112] - The company has 644 internal trainers as of 31 March 2019, with an average of 34 training hours per employee[118] - The company established a whistle-blowing mechanism with a hotline and mailbox to report corruption and fraud, offering rewards for real-name whistle-blowing[120] - The company conducted special audits in high-risk areas for corruption and fraud, promoting anti-corruption through videos, articles, and case studies[119] - The company implemented a "zero tolerance" policy towards violations of work and business ethics[119] - The Want Foundation, established in 1997, conducts nationwide charitable activities with 18 branches across China[157] Marketing and Branding - E-commerce sales grew by 25% year-over-year, contributing $1.1 billion to total revenue[1] - The company won two bronze awards in the 9th Golden Mouse Digital Marketing Contest[47] - The company was listed in the "Taiwan's Top 20 International Brands" for the 10th consecutive year with a brand value of US$897 million[52][53] - The "Hot-Kid seasoning" announcement received over 200 million impressions[183][187] - The "A Bite to be Cute" event on TikTok attracted over 150,000 impressions and total online promotion impressions exceeded 5 million[184][188