北京商报讯（记者 孔文燮）8月10日，北京商报记者获悉，近日康师傅推出"无标签轻量瓶"新品，主 打"三无"概念：无瓶标、无油墨、无胶水，在京东平台首发。该新品瓶身包装采用无瓶标、无油墨、无 胶水的PET瓶，激光技术打印浮雕LOGO，减少了材料和能源的使用，符合低碳环保理念。 ...

Core Viewpoint - The entry of Nongfu Spring into the iced tea market with its new product "Ice Tea" is expected to intensify competition in the beverage industry, particularly targeting the existing player Yuanqi Forest, which has seen significant sales growth in its iced tea segment [6][7]. Group 1: Market Dynamics - Nongfu Spring plans to invest 2 billion yuan in research and promotion for its iced tea product, emphasizing its "100% real tea extraction" process and "0 additives" approach [7]. - Yuanqi Forest's iced tea sales reached 200 million yuan in 2023 and are projected to exceed 1 billion yuan in 2024, marking a 500% year-on-year growth [19]. - The iced tea market is characterized by fierce competition, with Yuanqi Forest's sugary iced tea challenging established brands like Master Kong and Uni-President, while Nongfu Spring's no-sugar iced tea aims to capture market share [7][20]. Group 2: Historical Context - The iced tea category in China was pioneered by the local brand "Xuri Sheng," which launched its iced tea product in 1994 and achieved significant market success, capturing over 70% market share at its peak [9][12]. - Following Xuri Sheng's success, competitors like Uni-President and Master Kong entered the market, leading to intense competition and the eventual decline of Xuri Sheng by 2002 [13][15]. Group 3: Current Competitive Landscape - As of 2024, Master Kong's iced tea revenue approached 18 billion yuan, maintaining a dominant position in the market, while Xuri Sheng has ceased operations [15][20]. - Uni-President has also adapted its strategy by launching low-sugar versions of its products and increasing marketing efforts, resulting in an 8.2% revenue growth in its beverage segment [21]. - Yuanqi Forest has adjusted its product sizes and introduced new flavors to enhance its market presence, achieving a 460% year-on-year sales growth in 2024 [22]. Group 4: Future Trends - The global iced tea market is projected to reach 53.3 billion USD in 2023, with a compound annual growth rate of 6.7%, indicating strong growth potential [24]. - Consumer preferences are shifting towards reduced-sugar or no-sugar options, with 71.4% of consumers considering "sugar reduction" as a key factor in their purchasing decisions [24].

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 康師傅控股有限公司 呈交日期: 2025年8月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00322 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 7,000,000,000 | USD | | 0.005 USD | | 35,000,000 | | 增加 / 減少 (-) | | | 0 | | | USD | | 0 | | 本月底結存 | | | 7,000,000,000 | USD | | 0.005 USD | | 35,000,000 | 本月底法定/註冊股本總額： USD 35,00 ...

Core Insights - The ice tea market is evolving from a brand-centric approach to a category-focused one, with various brands like Yuanqi Forest and Nongfu Spring entering the market to redefine product standards through differentiated technology [1][2][3] - Health consciousness among consumers is driving the trend towards reduced sugar content in beverages, with 71.4% of consumers prioritizing "sugar-free/reduced sugar" labels when purchasing iced tea [2][3] - The global iced tea market is projected to grow from $53.3 billion in 2023 to over $100 billion by 2033, with a compound annual growth rate of 6.7% [6][9] Industry Trends - The Chinese government has initiated health promotion policies focusing on reducing sugar, salt, and oil in food, signaling a shift towards healthier beverage options [2][3] - Traditional brands like Master Kong and Uni-President leverage established distribution networks, while new brands utilize innovative technologies and health-focused marketing to capture younger consumers [6][9] - The competition in the iced tea market is intensifying, with both established and emerging brands striving to balance health benefits with taste, as consumer preferences shift towards lower sugar options [4][5][10] Consumer Preferences - Taste remains a critical factor in consumer purchasing decisions, with sweetness, tea flavor, and aroma being the top three attributes valued by iced tea drinkers [4][5] - Younger consumers (ages 18-25) exhibit higher loyalty and repurchase rates for iced tea, particularly valuing a rich and balanced flavor profile [4][5] - Brands are responding to consumer demand for reduced sugar without compromising taste, with innovations such as Yuanqi Forest's use of liquid nitrogen freezing technology to enhance flavor [5][9] Competitive Landscape - New brands are differentiating themselves through unique formulations and health claims, such as Hao Wang Shui's electrolyte-infused iced tea targeting fitness enthusiasts [9][10] - Yuanqi Forest has reported a 53.9% year-on-year sales growth in its iced tea category, indicating strong market acceptance and brand recognition [9][10] - The market is characterized by a clear segmentation, with traditional brands maintaining a stronghold through extensive distribution while new entrants challenge them with innovative products [6][9]

Core Viewpoint - The bottled water industry is experiencing significant market share changes, with China Resources Beverage's "Yibao" and Nongfu Spring likely to benefit from these shifts [1] Group 1: Company Insights - Nongfu Spring's unsweetened tea products are showing strong growth, with an acceleration expected in July, despite a general decline in overall demand for unsweetened tea compared to last year [1] - China Resources Beverage's "Yibao" is positioned to gain from the market share changes in the bottled water sector [1] - Master Kong Holdings' recovery in the second half of the year will depend on its marketing investment levels [1] Group 2: Industry Trends - The overall performance of liquid milk products is weak, indicating challenges within that segment of the beverage industry [1]

在本周，马上赢情报站将对2025Q2的方便速食市场进行回顾，同比对象为2024Q2，环比对象为2025Q1。 复盘数据均来自于马上赢品牌CT，马上赢MSY150均衡模型。马上赢品牌CT数据覆盖了全国县级以上各等级城市（不含乡、镇、村），并深度覆盖全国 核心城市群，业态覆盖包括大卖场、大超市、小超市、便利店、食杂店。目前，马上赢品牌CT中的品牌超30万个，商品条码量超过1400万个，年订单数 超过50亿笔。 方便速食重点品类概览 方便速食类目共包含方便粉丝、方便面、方便米线、方便米饭、罐头食品、速食肠、速食粥/汤、预制菜、自热食品等子/孙类目，包含四级类目共计19 个。 数据来源：2025Q2，马上赢品类洞察看板-MSY150均衡模型 基于马上赢品牌品类洞察看板的波士顿矩阵四象限分析可以看到，2025Q2方便速食市场中，方便面依旧占据绝对主导地位，市场份额接近50%，显著高 于位列第二的常温火腿肠和低温香肠，后两者市场份额约在10%-20%之间，构成中腰部阵营。 从市场份额增长变化来看，方便面不仅份额最大，且市场份额同比增长0.68%，在类目中的重要性进一步上升。低温香肠与常温火腿肠亦呈现增长态势， 在明星品类 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內 容而引致之任何損失承擔任何責任。 TINGYI (CAYMAN ISLANDS) HOLDING CORP. 康師傅控股有限公司 * （在開曼群島註冊成立之有限公司） （股份編號：0322） 海外監管公告 公司秘書 葉沛森 香港，2025年8月4日 於本公告日期，本公司之執行董事為魏宏名先生、井田純一郎先生、魏宏丞先生、筱 原幸治先生、高橋勇幸先生及曾倩女士；本公司之獨立非執行董事為徐信群先生、栃尾雅也 先生及文暮良先生。 網址: http://www.masterkong.com.cn http://www.irasia.com/listco/hk/tingyi *僅供識別 康師傅控股有限公司臺灣存託憑證流通及兌回情形月報表 本公告是由康師傅控股有限公司 (「本公司」) 根據香港聯交所有限公司證券上市規則 第 13.10B 條而作出。 以下附件是本公司依臺灣證券交易所股份有限公司規定於2025年 8月4日在臺灣證券交易 所股份有限公司 ...

该行预期，行业竞争自今年第二季起明显加剧，并料将持续至第三季，惟相信可在第四季放缓。该行相 信，农夫山泉和统一上半年的业绩上或表现更佳，而下半年的主要催化剂是农夫山泉在包装水市场可能 出现的结构变化。 里昂发布研报称，该行所覆盖多家内地饮品股将于8月公布中期业绩，预计农夫山泉(09633)上半年应该 会在低基数和包装水业务复苏下录得15%的强劲收入增长，而统一饮料中国(00220)的净利润将同比增长 26%，收入则升8%。不过，康师傅控股(00322)去年产品提价后，市场份额有所下降，料上半年收入或 同比下降3%。 ...

智通财经APP获悉，里昂发布研报称，该行所覆盖多家内地饮品股将于8月公布中期业绩，预计农夫山 泉(09633)上半年应该会在低基数和包装水业务复苏下录得15%的强劲收入增长，而统一饮料中国 (00220)的净利润将同比增长26%，收入则升8%。不过，康师傅控股(00322)去年产品提价后，市场份额 有所下降，料上半年收入或同比下降3%。 该行预期，行业竞争自今年第二季起明显加剧，并料将持续至第三季，惟相信可在第四季放缓。该行相 信，农夫山泉和统一上半年的业绩上或表现更佳，而下半年的主要催化剂是农夫山泉在包装水市场可能 出现的结构变化。 ...

消费市场是个轮回，所有消费品都值得重新做一遍。在诸多类型的饮料中，今年的轮回似乎落在了"有糖茶"身上。 过去几年，虽然有糖茶的市场规模、SKU数量一直大于无糖茶，但是在声量与品牌的参与热情上，一直乏善可陈，谈及创新也只有元气森林冰茶、果子熟 了多多柠檬茶等几个品牌让人记忆较为深刻。究其背后的原因，一方面，有糖茶在产品形态上主要是冰红茶、果茶等产品，整体过于传统，似乎都是十数 年前推出的产品；另一方面，康师傅、统一、农夫山泉茶π、维他柠檬茶等也都是上市超过了十年的老品牌。市场格局陈旧、产品也传统，新人进来的热 情自然不像快速增长的无糖茶一般高涨。 但其实，无论从市场规模还是创新潜力来看，有糖茶一直都是饮料类目中不能忽视的市场。 基于马上赢品牌CT中的数据可以看到，同样是在饮料类目中，有糖茶的规模在202307-202506始终高于无糖茶将近一倍，即便是在2024年的夏日，以及 2025年刚刚到来的5、6月饮料旺季，也依然没有打破这个"一倍"规模的惯例。另一方面，整个有糖茶在饮料大盘中的市场份额亦实现了轻微的同比提升， 似乎打破了过去几年"无糖茶持续走强、有糖茶份额下滑"的体感与叙事。 可以看到，元气森林冰茶以极 ...