Core Viewpoint - The launch of the RWA project by Great Wall E-Trade, a subsidiary of China Great Wall Computer Import and Export Company, represents a significant step in integrating digital economy with physical assets, leveraging blockchain technology to enhance asset liquidity and transparency [1][3][5] Group 1: Project Overview - The RWA project is anchored by 10 billion RMB worth of base liquor from Ronghe Distillery, with an initial issuance of 1 billion digital tokens priced at 1 RMB each [1] - The project aims to create a "consumption as investment" model, allowing consumers to convert traditional purchases into digital asset investments [3] Group 2: Technological Integration - The combination of QR codes and blockchain technology optimizes the entire supply chain process for the base liquor, enhancing the efficiency of asset value circulation in the digital realm [3] - The project is supported by the Asia Digital Asset Exchange, which provides a compliant and efficient global trading environment for the digital tokens [5] Group 3: Strategic Alignment - The initiative aligns with the company's mission to root the digital economy in physical soil, showcasing the innovative exploration of asset digitization by a state-owned enterprise [5] - The project reflects the company's commitment to national strategy and social development, aiming to contribute significantly to economic growth [5]

Group 1 - The company, Tongtian Liquor Industry (00389.HK), announced that it will hold a board meeting on August 15, 2025, to approve its interim results for the six months ending June 30, 2025, and to consider the declaration of an interim dividend, if any [1]

Group 1: Budweiser APAC - Budweiser APAC reported a 5.6% decrease in revenue to $3.136 billion for the first half of 2025, with normalized EBITDA down 8% to $983 million [1] - Sales volume declined by 6.1% to 4.363 billion liters, with a 7.4% drop in sales volume in the Chinese market during Q2 2025 [1] - The company focused on non-immediate consumption channels to drive premiumization, achieving growth in both sales and revenue from these channels [1] Group 2: Unilever - Unilever's revenue for the first half of 2025 was €30.1 billion, a 3.2% year-on-year decline, with ice cream business revenue growing by 0.2% [2] - The company plans to spin off its ice cream business by mid-November 2025, with operational separation already completed [2] Group 3: Daodaoquan - Daodaoquan reported a 563.15% increase in net profit to ¥181 million for the first half of 2025, with total revenue reaching ¥2.792 billion, a 1.16% increase [3] - Revenue from packaged oil increased by 20.53% to ¥1.751 billion [3] Group 4: Food Safety Issues - Taoli Bread issued an apology after a batch of its sliced bread failed quality checks, with 498 bags produced and 21 sold online [4] - The company has initiated a recall and implemented measures to enhance quality control and monitoring [4] Group 5: Regulatory Actions - The State Administration for Market Regulation reported 12,000 instances of non-compliance related to food additives in the first half of the year, with 4,727 companies penalized [5][6] - The agency emphasized the importance of strict monitoring and compliance regarding food additives to ensure food safety [5][6] Group 6: Luckin Coffee - Luckin Coffee's Q2 2025 net revenue reached ¥12.359 billion, a 47.1% year-on-year increase, with a gross merchandise volume of ¥14.179 billion [8] - The company opened 2,109 new stores, bringing the total to 26,206 globally, with significant growth in self-operated stores [8] Group 7: Starbucks China - Starbucks China reported an 8% revenue increase to $790 million for Q3 2025, marking three consecutive quarters of growth [9] - The company is evaluating partnerships with over 20 interested institutions to retain a significant equity stake in its Chinese operations [9] Group 8: L'Oréal - L'Oréal's sales for the first half of 2025 increased by 3.2% to €22.47 billion, with North Asia's skincare division maintaining double-digit growth [10][11] - The company noted strong performance from high-end brands, offsetting weaknesses in the skincare category [11] Group 9: Yonghui Supermarket - Yonghui Supermarket announced plans to raise up to ¥3.992 billion through a private placement of A-shares, with funds allocated for store upgrades and logistics improvements [13]

Market Overview - The FTSE 100 index in London closed at 9132.81 points on July 31, down 4.13 points, a decline of 0.05% [1] - All three major European stock indices experienced declines on the same day [1] Top Gainers - Financial stocks led the gains in the London stock market, with the following notable increases: - St. James's Place, a financial investment firm, saw its stock rise by 11.89% - DCC plc, a commercial services company, increased by 9.49% - Rolls-Royce Holdings plc rose by 8.50% - Rightmove plc, a UK real estate sales network, gained 2.79% - Prudential plc, an insurance and financial investment firm, increased by 2.73% [1] Top Losers - Consumer stocks faced the largest declines, with the following notable decreases: - Mondi Group, a paper company, fell by 12.07% - London Stock Exchange Group dropped by 7.91% - Antofagasta plc, a mining company, decreased by 5.89% - Diageo plc, a beverage company, declined by 4.46% - Anglo American plc fell by 3.72% [1] Other European Indices - The CAC 40 index in Paris closed at 7771.97 points, down 89.99 points, a decline of 1.14% [1] - The DAX index in Frankfurt closed at 24065.47 points, down 196.75 points, a decline of 0.81% [1]

天眼查网站显示，慕尼勃朗酒业（重庆）有限公司对外投资了两家公司，分别为慕尼大缔酒业重庆有限 公司、重庆慕尼勃朗企业管理有限公司。 国家企业信用信息公示系统网站显示，慕尼大缔酒业重庆有限公司刚刚于7月23日注销，重庆慕尼勃朗 企业管理有限公司已发布解散公示，并于7月因未依照《企业信息公示暂行条例》规定的期限公示年度 报告，被列入经营异常名录。 责任编辑：王翔 近日，市场监管总局通报5起食品安全违法违规典型案例，其中包括，一酒企在啤酒中非法添加功能类 似于处方药"伟哥"的物质。经查，涉案企业慕尼勃朗酒业（重庆）有限公司通过线上线下销售该款啤酒 67箱。 ...

数据来源：天眼查APP 证券之星消息，根据天眼查APP数据整理，近日，椰岛固本(海南)酒业有限公司成立，法定代表人为周 绍华，注册资本1000万元，经营范围包含：许可经营项目：酒类经营；酒制品生产；食品生产；食品销 售；粮食加工食品生产；保健食品生产；饮料生产；旅游业务；货物进出口(许可经营项目凭许可证件 经营)一般经营项目：保健食品(预包装)销售；食品销售(仅销售预包装食品)；食用农产品批发；农副产 品销售；酒店管理；土地使用权租赁；机械设备租赁；住房租赁；非居住房地产租赁；咨询策划服务； 信息咨询服务(不含许可类信息咨询服务)；技术服务、技术开发、技术咨询、技术交流、技术转让、技 术推广；销售代理；品牌管理；供应链管理服务；日用品批发；企业管理；企业管理咨询；企业形象策 划；专业设计服务；广告发布；广告设计、代理；广告制作；商业综合体管理服务；会议及展览服务； 市场营销策划(经营范围中的一般经营项目依法自主开展经营活动，通过国家企业信用信息公示系统(海 南)向社会公示)(一般经营项目自主经营，许可经营项目凭相关许可证或者批准文件经营)(依法须经批准 的项目，经相关部门批准后方可开展经营活动。)。天眼查AP ...

Core Viewpoint - The article highlights significant food safety violations in China, focusing on two major cases involving illegal additives in food products and the regulatory actions taken against the responsible companies [2][3]. Group 1: Case Summaries - The Chongqing Muni Brolang Brewery was found to have illegally added "O-Propyl Vardenafil," a substance similar to the prescription drug Viagra, to its beer, leading to health complaints from consumers. The company sold 67 boxes of the contaminated beer and faced a fine of 150,000 yuan [2]. - In the Beijing Haidian case, a product sold through live streaming, "Light Qu Xian Magic Taro Herbal Vegetable Tablets," was found to contain the banned diuretic "Bumetanide." The product was sold through 15 live streaming channels and involved a criminal network that included 40 suspects, with the total amount involved exceeding 50 million yuan [3]. Group 2: Regulatory Actions - In the first half of the year, the market regulatory system conducted 2.639 million food safety inspections, resulting in 69,000 batches of non-compliant products being removed from the market. A total of 181,000 food safety violations were investigated, leading to fines totaling 740 million yuan and 653 cases being referred to judicial authorities [4].

Group 1 - In the first half of the year, a total of 181,000 food-related illegal cases were investigated, resulting in fines and confiscations amounting to 740 million yuan, with 653 cases referred to judicial authorities [1] - The "Chongqing Munibolang Brewery illegal additive case" was highlighted, where a beer product was found to contain O-Propyl Vardenafil, a substance similar to the prescription drug Viagra, which is prohibited in food products [1] - The involved company, Munibolang Brewery (Chongqing) Co., Ltd., sold 67 boxes of the contaminated beer, leading to an administrative penalty of 150,000 yuan and referral of criminal responsibility to law enforcement [1] Group 2 - There have been multiple cases of illegal addition of O-Propyl Vardenafil in recent years, including a case in Hubei where a defendant produced and sold toxic food products containing the banned substance [2] - In July, a case in Xinjiang involved the production and sale of toxic beverages, resulting in the seizure of over 800 boxes of drinks containing prohibited ingredients and an estimated value of over 19 million yuan [2] - A criminal gang led by a person named Mai was found to have repeatedly added Vardenafil derivatives to beverages, leading to prison sentences ranging from 5 to 11 years for the main offenders [3]

Core Viewpoint - Warren Buffett's Berkshire Hathaway plans to sell a significant portion of its shares in VeriSign, leading to a notable drop in the company's stock price and market capitalization [1][2]. Group 1: Shareholding Changes - Berkshire Hathaway intends to sell approximately 4.3 million shares of VeriSign, which represents one-third of its total holdings in the company [2][3]. - Following the sale, Berkshire's ownership in VeriSign will decrease from 14.2% to 9.6%, falling below the regulatory disclosure threshold of 10% [2][3]. - The shares are expected to be sold at a price range of $285 to $290, which is approximately 6.9% lower than VeriSign's closing price on the previous trading day [2]. Group 2: Company Performance - VeriSign's stock price has seen a significant increase of nearly 48% year-to-date, reaching a market capitalization of $28.6 billion [1]. - The company reported steady revenue growth from 2021 to 2024, with revenues of $1.328 billion, $1.425 billion, $1.493 billion, and $1.557 billion respectively [5]. - For the first half of 2025, VeriSign's revenue was $812 million, reflecting a year-on-year growth of 5.29%, while net profit was $407 million, up 3.51% [5]. Group 3: Company Background - VeriSign, established in 1995 and headquartered in Reston, Virginia, is a global provider of internet infrastructure and domain registration services [3][4]. - The company manages over 70% of the global .com and .net domains, maintaining a stable growth rate in this market segment over the past five years [4].

Core Viewpoint - The market regulatory authorities have intensified their enforcement actions against food safety violations, resulting in significant penalties and legal actions against non-compliant companies [1] Group 1: Regulatory Actions - In the first half of the year, the regulatory system handled 181,000 food safety violation cases, imposing fines and confiscations totaling 740 million yuan [1] - The authorities have reported five typical cases of food safety violations, highlighting the ongoing commitment to consumer protection [1] Group 2: Case Summaries - **Case 1: Guangdong Zhanjiang "Water Shrimp" Incident** Four companies were found to have illegally added excessive phosphates to frozen shrimp products, resulting in fines totaling 7.4943 million yuan and the revocation of their food production licenses for five years [2] - **Case 2: Beijing Haidian "Toxic Candy" Incident** A product sold through live streaming was found to contain a banned diuretic, leading to the arrest of over 40 suspects and the closure of 15 live streaming channels, with the case involving over 50 million yuan [3] - **Case 3: Chongqing Munibro Beer Incident** A beer product was found to contain a harmful substance similar to a prescription drug, resulting in a fine of 150,000 yuan and the referral of the case to criminal authorities [4] - **Case 4: Zhejiang Shaoxing Sifang Food Co. Incident** The company was found to be producing vinegar that did not meet safety standards, with over 900 boxes of problematic vinegar seized and the case referred to criminal authorities [5] - **Case 5: Fujian Shishi Restaurant Incident** A restaurant was found to have illegally used borax in food products, leading to an investigation and referral to criminal authorities [7] Group 3: Industry Implications - The reported cases indicate a lack of legal awareness and responsibility among some food producers, emphasizing the need for stricter compliance with food safety regulations [6] - The market regulatory authorities are committed to enhancing enforcement measures, including joint law enforcement and credit penalties, to ensure food safety and protect consumers [6]