Group 1 - The stock of Uni-President China (00220) has dropped over 4%, currently down 4.21% at HKD 9.11, with a trading volume of HKD 44.5484 million [1] - The company will hold a board meeting today to approve the interim results for the six months ending June 30, 2025 [1] - According to a previous report by CICC, the company is expected to see an 8.5% year-on-year increase in revenue for the first half of this year, with net profit projected to rise by 25% to HKD 1.2 billion, aligning with market expectations [1] Group 2 - The beverage business is anticipated to face intensified competition as it enters the peak season in the second quarter, leading to a slowdown in revenue growth [1] - Specifically, the iced tea segment is expected to be under pressure due to competitors entering the similar sugary tea category, increasing competition [1] - In contrast, the company's green tea and milk tea segments are expected to continue their healthy growth trend, with overall beverage revenue projected to achieve mid-to-high single-digit growth year-on-year for the first half [1]

6 August, 2025 Disclaimers 2025 Interim Results The information contained in this presentation is intended solely for your personal reference. Such information is subject to change without notice and no representation or warranty express or implied is made as to, and no reliance, should be placed on, the fairness, accuracy, completeness or correctness of the information contained in this presentation. This presentation does not intend to provide, and you may not rely on this presentation as providing, a com ...

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: 統一企業中國控股有限公司 呈交日期: 2025年8月1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) | 00220 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 50,000,000,000 | HKD | | 0.01 | HKD | | 500,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 50,000,000,000 | HKD | | 0.01 | HKD | | 500,000,000 | 本月底法 ...

Group 1 - The stock price of Hailide (002206) closed at 5.6 yuan, down 1.58%, with a turnover rate of 3.58% and a trading volume of 327,600 hands, amounting to 183 million yuan [1] - The latest financial report for Hailide shows total operating revenue of 1.453 billion yuan, a year-on-year increase of 5.23%, and a net profit attributable to shareholders of 140 million yuan, up 86.95% year-on-year [1] - The company has a current ratio of 1.487, a quick ratio of 1.102, and a debt-to-asset ratio of 46.25% [1] Group 2 - Hailide has made investments in 12 companies and participated in 88 bidding projects [2] - The company holds 144 trademark registrations and 303 patent filings, along with 24 administrative licenses [2]

Core Viewpoint - The report from CICC indicates that the current valuation of Uni-President China (00220) is at 17/15 times the earnings per share for 2025/2026, with a target price raised by 9.5% to HKD 11.5, reflecting a 20% upside potential [1] Group 1: Revenue and Profit Forecast - CICC maintains its profit forecast for 2025/2026 at CNY 2.22 billion and CNY 2.54 billion respectively, with expectations of an 8.5% year-on-year revenue growth in the first half of 2025 and a 25% increase in net profit to CNY 1.2 billion, aligning with market expectations [1] - The company is expected to see mid-to-high single-digit revenue growth in its beverage segment in the first half of 2025, despite increased competition, particularly in the iced tea category [2] Group 2: Cost and Profit Margin Analysis - The gross margin for the company improved by 0.5 percentage points year-on-year in the first quarter of 2025, driven by lower prices for PET and sugar, as well as increased operational efficiency, with expectations for continued improvement in the second quarter [3] - The sales expense ratio decreased by over 0.5 percentage points year-on-year in the first quarter of 2025 due to more precise promotional spending, with expectations for a slight decline in overall expense ratio in the first half of 2025, leading to a nearly 1 percentage point increase in net profit margin [3] Group 3: Future Growth and Profitability - The company is expected to maintain its revenue growth momentum in the second half of 2025, supported by strong performance from new products and effective promotional strategies [4] - The gross margin is anticipated to continue its upward trend in the second half of 2025, with a focus on improving product mix and operational efficiency, leading to sustained profit margin improvements throughout the year [4]

Group 1 - Non-alcoholic beverage stocks in Hong Kong showed strong performance in the afternoon session [1] - Cha Bai Dao (02555.HK) and Gu Ming (01364.HK) both increased by over 7% [1] - Mi Xue Group (02097.HK) rose by more than 4%, while Uni-President China (00220.HK) gained over 2% [1]

Financial Performance - Revenue for the year ended December 31, 2024, reached RMB 30,331,512, an increase of 6.1% from RMB 28,591,271 in 2023[12]. - Gross profit for 2024 was RMB 9,869,668, reflecting a growth of 13.2% compared to RMB 8,711,731 in 2023[12]. - Profit before income tax increased to RMB 2,483,774, up 10.9% from RMB 2,239,924 in the previous year[12]. - The profit for the year attributable to equity holders of the Company was RMB 1,849,119, representing a 10.9% increase from RMB 1,667,060 in 2023[12]. - Basic earnings per share rose to 42.81 RMB cents, a 10.4% increase from 38.60 RMB cents in 2023[12]. - Total assets as of December 31, 2024, amounted to RMB 23,376,234, up from RMB 22,134,218 in 2023[12]. - Total liabilities increased to RMB 9,977,124, compared to RMB 8,751,841 in the previous year[12]. - In 2024, the Group's revenue reached RMB30,331.5 million, representing an increase of 6.1% year-on-year, while post-tax profits amounted to RMB1,849.1 million, reflecting a growth of 10.9% compared to the previous year[17][19]. - The Group recorded a revenue of RMB30,331.5 million for the year ended December 31, 2024, representing a 6.1% increase from RMB 28,591.3 million in 2023[171]. - Profit attributable to equity holders was RMB 1,849.1 million, up 10.9% from RMB 1,667.1 million in 2023[175]. Revenue Growth - The Group achieved a compound annual growth rate of 7.4% in revenue since 2020, with beverage revenue growing at a compound annual growth rate of 11.3%[14]. - The food business achieved a revenue of RMB9,998.2 million in 2024, reflecting a growth of 1.5% year-on-year[40]. - The instant noodles business generated revenue of RMB9,848.5 million in 2024, marking a 2.6% increase from the previous year[41]. - The beverages business recorded a revenue of RMB19,240.6 million in 2024, representing an increase of 8.2% over last year[66]. - The tea drinks business achieved a revenue of RMB8,574.9 million in 2024, reflecting a growth of 13.1% compared to the previous year[67]. - The Group's juice business generated revenue of RMB3,604.7 million in 2024, reflecting a growth of 5.9% compared to the previous year[93]. - The milk tea business generated revenue of RMB6,403.7 million in 2024, representing a 1.6% increase from the previous year[116]. - The original milk tea product line demonstrated steady growth across various specifications, showcasing strong market competitiveness[121]. Product Innovation and Development - The product "Uni Stewed Beef Flavoured Noodles" underwent a comprehensive upgrade, focusing on innovation and product strength, contributing to the Group's performance[19]. - "The King of Tomato" has recorded a compound annual growth rate of over 100% in revenue since 2020, reinforcing its brand positioning as a pioneer in tomato delicacies[19]. - The "Soup Daren" brand underwent a comprehensive upgrade for the first time in 16 years, launching new products and innovative packaging technology in 2024[43]. - The "Uni-President Braised Beef Noodles" brand focused on product innovation and collaborated with the "China University Advertising Art Festival" to enhance brand recognition and drive revenue growth[49]. - The "Danggui Huadiao Chicken Noodle" utilizes non-fried technology and has applied for 4 patents related to formulation and processes, aiming to replicate the texture of freshly boiled noodles[156]. - The "Uni Green Tea" product line focuses on high mountain green tea and micro-fermentation technology, achieving improvements in aroma and extraction efficiency while being sugar-free[152]. - The "Haizhiyan" isotonic drink received positive consumer feedback, indicating growing recognition of its taste and concept since its launch in April 2024[153]. Marketing and Brand Strategy - The Group's marketing strategy focuses on value-based marketing, enhancing brand awareness and customer loyalty to accumulate brand assets for future growth[38]. - The company aims to meet the core needs of consumers by innovating product strength and expanding both offline and online channels[35]. - The "Uni Green Tea" has been actively engaging young consumers, particularly delivery riders and blue-collar workers, through the "Send coolness to delivery riders" campaign for five consecutive years[73]. - "Spring Breeze Green Tea" has strengthened brand recognition by sponsoring popular comedy shows and collaborating with the sports platform "Keep" for health-focused events[74]. - The "Uni Orangeate" brand is enhancing its market presence by optimizing gift box packaging and leveraging social media for promotion, particularly in lower-tier cities[96]. Operational Efficiency and Risk Management - The management emphasizes the importance of risk management and organizational resilience in navigating market challenges[14]. - The market price of food and beverage raw materials remained volatile in 2024, influenced by geopolitical tensions and inflation, prompting the Group to enhance its risk management capabilities[31]. - The Group aims to enhance operational efficiency by reviewing and improving turnover days, which could lead to increased revenue and profit[197]. - Financial management policies are designed to minimize the impact of interest rate and exchange rate fluctuations on the Group's financial position[200]. - The Group has implemented automated systems to significantly improve capital utilization efficiency and processing efficiency[198]. Corporate Social Responsibility and Sustainability - The Group emphasizes sustainable development and social responsibility, integrating these principles into its overall business strategy[34]. - The Group is committed to creating value for the community while pursuing performance growth, as outlined in its corporate social responsibility initiatives[36]. - The introduction of zero trans fatty acids in all product lines aims to enhance consumer trust and promote healthier choices[146]. - The Company is committed to sustainable development by continuously optimizing R&D project management and focusing resources on key product innovations[141].

Financial Performance - The company's revenue for 2024 reached RMB 30,331.5 million, an increase of 6.1% compared to the previous year[5]. - The net profit attributable to equity holders of the company was RMB 1,849.1 million, reflecting a growth of 10.9% year-on-year[5]. - The gross profit margin improved to 32.5%, up by 2.0 percentage points from the previous year[4]. - The compound annual growth rate (CAGR) of revenue since 2020 is 7.4%, with the beverage segment achieving a CAGR of 11.3%[4]. - Total revenue for the group reached RMB 30,331,512 thousand in 2024, an increase from RMB 28,015,176 thousand in 2023, representing a growth of approximately 8.2%[30]. - The group's net profit for the year was RMB 1,849,119 thousand, compared to RMB 1,500,000 thousand in the previous year, reflecting a year-on-year increase of approximately 23.2%[30]. - The company's profit before tax for 2024 was RMB 2,483,774 thousand, an increase of 10.9% compared to RMB 2,239,924 thousand in 2023[49]. - The income tax expense for 2024 was RMB 634,655 thousand, up from RMB 572,864 thousand in 2023, reflecting a tax rate of approximately 25.6%[49]. - Basic earnings per share for 2024 were RMB 42.81, compared to RMB 38.60 in 2023, representing an increase of 5.8%[54]. - The proposed final dividend for 2024 is RMB 0.4281 per share, totaling approximately RMB 1,849.1 million in dividends[6]. Revenue Breakdown - The beverage segment generated revenue of RMB 19,240,555 thousand, while the food segment contributed RMB 9,998,240 thousand, indicating strong performance in both categories[30]. - The food business generated revenue of RMB 9,998.2 million in 2024, reflecting a 1.5% growth year-over-year[65]. - The instant noodle segment reported revenue of RMB 9,848.5 million, marking a 2.6% increase from the previous year[66]. - The beverage business recorded revenue of RMB 19,240.6 million in 2024, an increase of 8.2% compared to the previous year[72]. - The tea beverage segment achieved revenue of RMB 8,574.9 million in 2024, reflecting a growth of 13.1% year-on-year, demonstrating strong market resilience[73]. - The juice segment generated revenue of RMB 3,604.7 million in 2024, marking a growth of 5.9% from the previous year, with a strategy focused on expanding into dining and gifting scenarios[80]. - The revenue for "Unified Assam Milk Tea" reached RMB 6,403.7 million in 2024, reflecting a 1.6% increase from the previous year, driven by strong brand influence and market expansion[84]. Assets and Liabilities - The total assets of the company as of December 31, 2024, amounted to RMB 23,376.2 million, an increase from RMB 22,134.2 million in 2023[13]. - Total liabilities increased to RMB 9,977,124 thousand in 2024 from RMB 8,751,841 thousand in 2023, marking a rise of about 14%[30]. - The group's total assets amounted to RMB 23,376,234 thousand, up from RMB 22,134,218 thousand in 2023, indicating a growth of approximately 5.6%[30]. - The group's liabilities totaled RMB 8,751,841 thousand, with significant liabilities related to deferred tax and current tax obligations[33]. - Contract liabilities increased to RMB 3,776,619 thousand in 2024 from RMB 2,823,147 thousand in 2023, primarily due to higher cash advances received from distributors[38]. Operational Efficiency and Strategy - The company continues to focus on digital transformation and multi-channel management to enhance market penetration and operational efficiency[5]. - The company aims to strengthen its operational systems and human resource development to provide safe, quality, and innovative products[7]. - The company is actively monitoring external risks such as geopolitical tensions and inflation, aiming to optimize resource utilization and enhance risk management capabilities[60]. - The company has established a food safety management system, with 25 subsidiaries certified under ISO 22000 and 1 under FSSC 22000, ensuring compliance with food safety regulations[101]. - The company collaborates with professional beverage manufacturers to maintain flexible production capacity, balancing supply chain risks and operational efficiency[103]. Product Development and Marketing - The brand "Unified Red Braised Beef Noodles" has undergone a significant upgrade, contributing to its market performance[5]. - The company emphasizes value marketing strategies to enhance brand awareness and customer loyalty, aiming for sustainable growth[65]. - The launch of new products, such as "sour soup wontons" and "seaweed shrimp wontons," aims to meet diverse consumer needs in 2024[71]. - The company is committed to sustainable development and has integrated social responsibility into its overall business strategy[62]. - The brand "Tangdar" underwent a comprehensive upgrade for the first time in 16 years, enhancing consumer experience and market presence[68]. - The company plans to leverage health-conscious and high-quality products to cater to evolving consumer preferences in 2025[71]. - The company is leveraging digital channels and cultural collaborations to strengthen brand awareness and consumer engagement across its product lines[77]. - The marketing strategy includes targeted campaigns during key seasonal events to enhance brand visibility and consumer connection[80]. Employee and Governance - As of December 31, 2024, the total employee cost, including director remuneration, was RMB 4,702.0 million, an increase from RMB 4,474.7 million in 2023[126]. - The total number of employees as of December 31, 2024, was 33,755, with a focus on optimizing organizational structure and enhancing efficiency[125]. - The company has maintained compliance with the corporate governance code throughout the year[131]. - The audit committee reviewed the accounting principles and practices adopted by the company and recommended the adoption of the audited financial statements[129].

Financial Performance - For the six months ended June 30, 2024, the Group recorded revenue of RMB 15,448.6 million, an increase of 6.0% compared to RMB 14,571.9 million in the same period of 2023[19]. - The food business revenue was RMB 4,947.4 million, up 0.9% year-on-year, accounting for 32.0% of total revenue, while beverage business revenue was RMB 10,023.5 million, up 8.3% year-on-year, accounting for 64.9% of total revenue[19]. - Gross profit increased from RMB 4,532.9 million to RMB 5,228.0 million, representing a growth of 15.3%, with the gross profit margin rising from 31.1% to 33.8%[19]. - Operating profit for the period was RMB 1,233.3 million, up 12.9% from the previous year[26]. - Profit attributable to equity holders of the Company was RMB 965.7 million, representing a 10.2% increase compared to RMB 876.6 million in the same period last year[26]. - Revenue for the six months ended June 30, 2024, was RMB 15,448,557 thousand, an increase of 6.0% compared to RMB 14,571,877 thousand in the same period of 2023[182]. - Gross profit for the same period rose to RMB 5,227,978 thousand, reflecting a 15.4% increase from RMB 4,532,896 thousand year-over-year[182]. - The company reported a profit for the period of RMB 965,693 thousand for the six months ended June 30, 2024, compared to RMB 876,611 thousand for the same period in 2023, reflecting an increase of about 10.1%[194]. Marketing and Consumer Engagement - The Group continues to focus on consumer demand trends, enhancing emotional connections with consumers through innovative marketing strategies[16]. - The increase in consumer demand for product quality, health, and convenience has driven the Group's revenue growth and innovation development[16]. - The "Soup Daren" brand underwent a comprehensive upgrade and successfully launched a limited cherry blossom season edition, achieving over 600 million exposures in marketing[31]. - The "Imperial Big Meal" brand focused on enhancing product quality and consumer experience, leveraging Douyin for marketing through short videos and live broadcasts[39]. - The marketing strategy includes offline events in key cities to engage young consumers and enhance brand awareness[49]. - The company aims to strengthen emotional connections with consumers through brand messaging and product experiences[42]. Product Development and Innovation - The Group's strategic focus includes optimizing product structure and improving production efficiency, contributing to the increase in gross profit margin[19]. - The "Uni Green Tea" brand launched a new sugar-free product, "Spring Breeze Green Tea," priced at RMB4, utilizing innovative micro-fermentation technology to enhance competitive differentiation[49]. - The company plans to continue focusing on high-value products while addressing health, safety, and unique characteristics to meet evolving consumer preferences[42]. - The company is expanding its frozen food segment while maintaining a strong emphasis on quality and consumer satisfaction[40]. - The introduction of new products, such as NFC apple juice, aims to expand the 100% fruit juice market and capture new growth opportunities[65]. - The brand "Uni Shuangcui Lemon Tea" solidified its positioning with a unique selling point of "Double Tea Base with 7-minute Extraction," enhancing brand image and revenue growth[52]. Economic and Market Conditions - The GDP of China grew by 5.0% year-on-year in the first half of 2024, with total retail sales of consumer goods increasing by 3.7% year-on-year, providing strong market support for the Group[15]. - The government launched a series of consumption-promoting policies aimed at boosting market demand and consumer confidence, which is expected to benefit the Group[15]. - The year 2024 is designated as the "Consumption-Promoting Year" in China, which is expected to create new growth opportunities for enterprises and brands[15]. - In the first half of 2024, China's economy showed strong resilience, supported by government policies aimed at expanding domestic demand and consumption upgrades, creating multiple opportunities for the Company[132]. Financial Position and Cash Flow - As of June 30, 2024, the Group's cash at bank and on hand was RMB7,550.7 million, a slight decrease from RMB7,565.5 million as of December 31, 2023[93]. - The Group's total borrowings, including lease liabilities, increased by 70.3% to RMB1,838.0 million as of June 30, 2024, compared to RMB1,079.4 million at the beginning of the year[93]. - The net cash position as of June 30, 2024, was RMB(5,712.7) million, down from RMB(6,486.0) million as of December 31, 2023, indicating a decrease in net cash[98]. - The Group's capital expenditure for the first half of 2024 was RMB395.8 million, down from RMB697.1 million in the first half of 2023[104]. - The net cash inflow from operating activities for the Group was RMB1,486.7 million, while net cash outflows from investing and financing activities were RMB974.2 million and RMB1,131.1 million, respectively[104]. - The company reported a net decrease in cash and cash equivalents of RMB 618,638 thousand for the six months ended June 30, 2024, compared to a decrease of RMB 6,955 thousand in the same period of 2023[200]. Corporate Governance and Compliance - The Audit Committee has reviewed the unaudited interim results for the period and recommended their adoption by the Board[171]. - The company has complied with the Corporate Governance Code during the review period[167]. - All Directors confirmed full compliance with the Model Code for Securities Transactions throughout the review period[170]. - The interim financial information includes a condensed consolidated interim balance sheet and income statement as of June 30, 2024[175]. - The review of interim financial information was conducted in accordance with Hong Kong Standard on Review Engagements 2410[178]. - The company’s financial reporting adheres to Hong Kong Accounting Standard 34 for interim financial reporting[175]. Employee and Organizational Structure - The total number of employees as of June 30, 2024, was 32,784, with a focus on optimizing organizational and staff structures to enhance operational efficiency[138]. - Employee benefits expenses, including directors' emoluments, amounted to RMB 2,277.8 million during the review period[140]. - The Group's remuneration policy rewards employees based on performance, qualifications, and market comparables, with performance bonuses linked to earnings and profit objectives[139]. Sustainability and Corporate Responsibility - The Group is committed to integrating sustainable development into its overall business strategy, enhancing its corporate social responsibility management mechanisms[131]. - The Group plans to focus on technology innovation and product upgrades to meet growing consumer demand, emphasizing high-quality and reasonably priced products[130]. - The Group is committed to sustainable development, incorporating it into its overall business strategy and enhancing standards for corporate sustainability[134].

Summary of Conference Call Company/Industry Involved - The conference call pertains to the company "声望红人时影" (Reputation Influencer Media) and its operations in China [1] Core Points and Arguments - The call begins with a welcome message and a disclaimer, indicating that all participants are currently muted [1] Other Important but Possibly Overlooked Content - No additional content or key insights were provided in the excerpt [1]