Core Viewpoint - Dream Company has officially announced its listing in Amsterdam, London, and New York, marking its independence from Unilever and positioning itself for global expansion in the ice cream market [3][4]. Group 1: Company Overview and Market Position - Dream Company is the largest ice cream company globally and has become one of the few consumer goods companies to list in multiple locations [3]. - China is one of the top ten markets for Dream Company, with brands like Cornetto, Magnum, and Häagen-Dazs being significant players [4][5]. - The company aims to enhance its channel density, product layout, and supply chain strategy in China following its listing [7]. Group 2: Strategic Plans and Organizational Changes - Dream Company has restructured its organization into 24 profit-and-loss units to improve decision-making speed and execution efficiency [9]. - The company plans to expand its freezer network, currently owning about 3 million freezers globally, which represents 30% of the total ice cream freezer market [9][10]. - The internal metric for measuring market saturation is based on the number of freezers per population, indicating significant growth potential in the Chinese market [10]. Group 3: Product Innovation and Market Strategy - Future innovation will focus on health-oriented products, including reduced sugar and enhanced dietary fiber options, while also expanding product forms [12]. - Dream Company maintains a premium positioning in the Chinese market, where competition is fierce among lower-priced ice cream brands [12]. - The company plans to reduce costs and increase profit margins through supply chain transformation and operational efficiencies [13]. Group 4: Local Adaptation and Management - Dream Company has established a local team in China, with leadership experienced in the market, to address localization challenges [14][15]. - The company has a research and development center in Shanghai and a state-of-the-art factory in Taicang, enhancing its production capabilities for the Asian market [15]. - Revenue projections for 2024 and the first half of 2025 are €317 million (approximately ¥2.616 billion) and €270 million (approximately ¥2.229 billion), respectively, indicating significant growth [15].

Core Viewpoint - Dream Company has officially announced its listing in Amsterdam, London, and New York, marking its independence from Unilever and positioning itself for global expansion as the world's largest ice cream company [1][3]. Group 1: Company Overview - Dream Company has a total share capital of 612 million shares and is one of the few consumer goods companies to choose multiple listings [1]. - The company has restructured its organization into 24 profit-and-loss units to enhance decision-making efficiency and execution speed [5]. - The company plans to expand its freezer network, currently owning about 3 million freezers globally, which accounts for 30% of the total ice cream freezer market [5]. Group 2: Market Position and Strategy - China is one of the top ten markets for Dream Company, with brands like Cornetto and Magnum ranking fourth and fifth in retail sales in 2024 [1]. - The company aims for double-digit sales growth in China in the first half of 2025, with the Asia region being the fastest-growing and most profitable area [4]. - Dream Company is focusing on channel expansion, including immediate retail and e-commerce, to capture market share in China [6][8]. Group 3: Product and Pricing Strategy - The company plans to innovate in health-oriented products, including reduced sugar and enhanced dietary fiber options, while maintaining a premium positioning in the Chinese market [10]. - Dream Company's products are priced higher than competitors, with the average price of ice cream products from leading brands in China ranging from 3.5 to 4.5 yuan per 100 grams [10]. - The company is also exploring B2B channels, offering larger packaging options for restaurants and dessert shops [6][10]. Group 4: Operational Efficiency - Dream Company is implementing cost-reduction strategies through supply chain transformation and operational efficiency improvements [10]. - The company has established a local team in China to enhance its understanding of local consumer preferences and market dynamics [13]. - The company has a research and development center in Shanghai and a "lighthouse factory" in Taicang, which serves as a key production base in Asia [13]. Group 5: Financial Performance - Dream Company's projected revenue for 2024 in China is approximately €317 million (about 2.616 billion yuan), with a forecast of €270 million (about 2.229 billion yuan) for the first half of 2025, indicating significant growth acceleration [14].