Core Viewpoint - Starbucks China is extending its carbon reduction efforts to upstream supply chain management through a strategic partnership with Envision Group, aiming to establish a carbon management platform for its suppliers over the next three years [1]. Group 1: Carbon Management Initiatives - Starbucks China has previously collaborated with Envision in areas of direct and indirect emissions (Scope 1 and Scope 2), integrating over 7,500 stores into Envision's smart IoT operating system for efficient management of energy systems [2]. - The initiative has led to an average annual energy savings of 12% per store, translating to over 6,000 yuan in savings on water and electricity costs [2]. - More than 2,100 stores in China have received green store certification, representing nearly 30% of the total stores, significantly exceeding the global average [3]. Group 2: Sustainable Practices in Operations - The Starbucks Coffee Innovation Park utilizes Envision's "zero-carbon integrated energy solution," incorporating solar panels, smart energy storage, and digital carbon management systems to achieve energy savings and carbon reduction [4]. - The park features over 26,000 square meters of solar panels, meeting 20% of its energy needs, and achieves 100% green electricity coverage, with annual carbon reduction equivalent to the absorption of 800,000 coffee trees [4]. Group 3: Focus on Scope 3 Emissions - For Starbucks, Scope 3 emissions represent the core challenge, with approximately 70% of its total carbon emissions originating from upstream suppliers [5]. - The company plans to develop sustainable dairy management tools in collaboration with Envision to address emissions from dairy farms, focusing on renewable energy procurement and optimizing feed management [5]. - Starbucks China has committed to covering the costs of carbon footprint assessments for suppliers, even as business expands, demonstrating its dedication to sustainability [5].

新华社纽约7月20日电 美国彭博社网站日前刊登文章说，特朗普关税政策给美国夏威夷咖啡农户带 来麻烦。文章摘要如下： 科纳咖啡农户协会副会长兼狮门农场总裁苏珊娜·施里纳表示，虽然围绕贸易和特朗普"购买美国 货"要求的叙事可以把注意力吸引到夏威夷商品上，但该州农户面临的结局是"关税对我们的伤害将很可 能像对美国本土咖啡烘焙商的伤害一样大"。 施里纳说，当成本上涨导致消费需求减少时，如果人们离开咖啡市场转而消费能量饮料，"这将会 对我们构成伤害"。 道明证券高宏公司分析师安德鲁·查尔斯表示，如果美国对巴西咖啡的进口关税从目前的10%提高 到50%，美国咖啡连锁品牌星巴克公司的盈利将下降约1.4%。 夏威夷咖啡农户有个讯息要告诉美国总统特朗普，即美国对巴西等主要咖啡出口国征收高关税最终 也将对美国农户构成伤害。 夏威夷是美国唯一的咖啡豆种植州，而绝大部分美国人消费的咖啡进口自巴西等南美国家和越南。 特朗普此前威胁对来自这两国的咖啡征收50%和20%的关税。 乍看夏威夷种植者应是咖啡关税的明显受益者，但实际正相反，咖啡价格整体上涨将会打击已经疲 于应对通胀的消费者，抑制包括高端夏威夷科纳咖啡在内的咖啡消费。 美国全国咖 ...

Investment Rating - The report assigns an "Outperform" rating to several companies including Pop Mart, Anta Sports, and Haidilao, while Budweiser Asia is rated "Neutral" [1]. Core Insights - Starbucks plans to sell a partial stake in its China business, with valuation estimates around $9 billion [5]. - Pop Mart anticipates a revenue increase of no less than 200% year-on-year for 1H, with net profit expected to grow by at least 350% [5]. - The dishwasher market in China is projected to reach a scale of RMB 30 billion within five years, doubling from the current market size of approximately RMB 15 billion [5]. Weekly Performance Summary - Key performers in the F&B sector include Guoquan (+11.5%), Green Tea Group (+8.9%), and Auntea Jenny (+6.7%) [6]. - In the home appliance sector, Ecovacs saw a significant increase of 20.9%, followed by Roborock (+9.7%) and Sanhua (+7.5%) [6]. - Underperformers in the F&B sector include Guming (-13.4%) and Chagee (-10.9%) [6].

Core Viewpoint - The "Listening Coffee" project aims to provide dignified employment opportunities for people with disabilities, allowing them to integrate into society and gain respect through their skills [2][5]. Group 1: Project Overview - "Listening Coffee" was officially launched in June 2023 with support from the Suzhou Disabled Persons' Federation and other charitable organizations, creating a platform that combines coffee production, training, and sales with the exhibition of creative works by people with disabilities [2][3]. - The first store opened in October 2023 at the Suzhou Administrative Center, marking a significant step in promoting employment for people with disabilities [2][3]. Group 2: Employment and Training - The project provides comprehensive training for disabled individuals, covering coffee culture, bean selection, roasting, grinding, and brewing techniques, with 18 disabled individuals currently employed across various stores [2][3]. - The initiative has indirectly helped over a hundred disabled individuals achieve employment and income [2]. Group 3: Community Engagement and Events - "Listening Coffee" participated in the Suzhou Super League event, setting up a themed market with over 60 stalls to promote their coffee and engage with the community [1][4]. - The project introduced a "Public Welfare Assistance Plan," donating 0.5 yuan from each coffee sale to the Suzhou Charity Federation for vocational training for disabled individuals [4]. Group 4: Future Plans and Vision - The project aims to expand its reach, with 15 stores established within two years, and plans to explore more entrepreneurial brands for disabled individuals [3][5]. - The focus is on creating a sustainable model that combines business and public welfare, ensuring that the initiative remains true to its mission of empowering disabled individuals [3][5].

搭建黄金交流通道 企业赞链博如"指路明灯" 中新网北京7月20日电(记者 宫宏宇 宋宇晟)7月16日至20日，第三届中国国际供应链促进博览会(简 称"链博会")在北京成功举办。 作为全球首个以供应链为主题的国家级展会，本届链博会吸引600多家中外企业和机构参展，其中 既有连续三届参展的"全勤生"，也有230余家首次亮相的"新伙伴"。随着影响力持续升温，链博会已成 为全球"新老朋友"深化交流和达成经贸合作的重要平台。 "我们是链博会的'全勤生'。"高通公司全球副总裁侯明娟的发言道出了众多参展商的心声：在全球 供应链重构的背景下，链博会这一深度交流平台，对企业把握机遇具有重要意义。 世界知识产权组织马德里注册部高级司长大卫·慕斯表示："真诚感谢中国贸促会主办的链博会，将 全球供应链上的利益各方汇集一堂。这不仅是一个重要的对话创新平台，更是全球技术创新互联互通的 生动体现。" 今年首次参展的天丝集团作为主宾国泰国企业代表，其首席执行官许馨雄表示："链博会如期举 办，体现了中国对构建绿色健康、可持续、包容互联的世界经济的坚定承诺，也更加坚定了我们投资中 国的信心。链博会为跨国企业在当前复杂多变的全球经济环境下提供了更 ...

Core Insights - The "-86℃ Dirty" coffee has gained immense popularity in Shanghai, attracting long queues of consumers even in adverse weather conditions, indicating a strong consumer interest in innovative and unique products in a competitive market [1][2][5] Product Overview - "Dirty" coffee is a creative beverage that combines cold milk and hot espresso, creating a unique taste experience that has captivated coffee enthusiasts [2][3] - The "-86℃ Dirty" coffee shop, a collaboration between a boutique coffee brand and a German grinder brand, opened on June 20 and quickly became a social media sensation [2][3] Consumer Experience - The coffee is served in specially designed glass cups that are pre-chilled, enhancing the visual appeal and overall experience for consumers [3] - The product's pricing and quality have met consumer expectations, leading to positive word-of-mouth and repeat purchases [3][5] Market Trends - The coffee market in China is becoming increasingly competitive, with chain brands dominating the mainstream segment through standardized operations and aggressive pricing strategies [5][7] - The success of the "-86℃ Dirty" coffee highlights a consumer willingness to pay for unique and differentiated experiences, suggesting a potential shift in consumer preferences towards boutique offerings [5][6] Industry Dynamics - Shanghai is a key battleground for coffee brands, with a projected coffee market size of 313.3 billion yuan in 2024, growing at 18.1% year-on-year [7] - The city is expected to have 9,115 coffee shops by 2024, making it the city with the highest number of coffee shops globally, indicating a robust consumer base [7][8] Competitive Landscape - Other cities are seeing similar trends, with coffee shops in places like Chengdu and Dalian launching their versions of low-temperature coffee, indicating a growing trend in the boutique coffee segment [4][5] - The presence of multiple coffee brands in close proximity is seen as beneficial, creating a vibrant consumer atmosphere that encourages purchases [8]

Core Viewpoint - The article discusses the emergence of "Pengbei Station," a smart beverage retail brand that aims to provide high-quality coffee at a significantly lower price point, leveraging advanced technology and innovative supply chain solutions to capture the growing coffee market in China [1][2]. Company Overview - "Pengbei Station" is operated by Hangzhou Huading Acoustic Technology Co., Ltd., which focuses on AIOT solutions for unmanned retail and aims to become the leading brand in the smart beverage machine sector [1][3]. - The company recently completed a financing round of 50 million yuan, primarily to accelerate market deployment, channel expansion, and operational optimization [1][6]. Market Context - The Chinese coffee market has been expanding rapidly, with an average annual growth rate exceeding 25% in recent years, driven by brands like Luckin Coffee [1][2]. - Despite a per capita annual coffee consumption of 22.24 cups in 2024, there remains a significant gap compared to Japan and South Korea, which have consumption rates of 281 cups and 353 cups, respectively [1][2]. Product Innovation - "Pengbei Station" offers a shared smart beverage machine that can deliver coffee for as low as 9.9 yuan, utilizing nitrogen-sealed capsules to maintain flavor and freshness for up to 18 months [3][4]. - The machines are designed to address common issues with traditional self-service coffee machines, such as food safety concerns and flavor inconsistency, by employing a closed capsule system and automated cleaning features [4][5]. Technological Advancements - The beverage machines are equipped with five precision robotic arms to simulate manual brewing processes, ensuring consistent quality and the ability to serve both hot and cold drinks [4][5]. - The machines can accommodate up to 20 different SKUs, allowing for a diverse range of beverage options beyond coffee, including milk tea and juice [4][5]. Strategic Expansion - "Pengbei Station" is pursuing a "thousand cities, ten thousand stores" plan, aiming to deploy over 20,000 machines across approximately 1,000 districts and counties in China [6][7]. - The partnership with Nantian Shujin, which has connections to Yunnan's coffee production, enhances the supply chain efficiency and quality of coffee beans used in their machines [6][7].

Group 1: Legal Issues in the Coffee Industry - Luckin Coffee won a trademark infringement case against Lucky Cat Coffee, resulting in a compensation of 5 million yuan [1][2] - The court found that the trademarks of Lucky Cat Coffee and Luckin Coffee were highly similar in appearance and visual effects, increasing the likelihood of confusion [2] - The infringing company, Hot Flow Company, was deemed to have acted with obvious malicious intent, profiting significantly from the infringement [2] Group 2: Strategic Partnerships and Sustainability Initiatives - Starbucks China announced a strategic partnership with Envision Group to develop a digital carbon management platform, aiming to cover 100% of its direct and indirect suppliers over the next three years [3] - The partnership will enhance sustainability practices in over 7,500 Starbucks stores, integrating smart IoT systems for real-time data tracking and energy efficiency [3] - Envision's solutions in the Starbucks Coffee Innovation Park include solar energy, smart storage, and digital carbon management systems to achieve energy savings and carbon reduction [3] Group 3: Market Expansion - Blue Bottle Coffee opened its first independent store in Southeast Asia at the Palais Renaissance shopping center in Singapore, following the success of its previous franchise [7] - The new store features a menu that includes Bella Donovan espresso drinks starting at 6.50 SGD, along with exclusive products like yogurt bowls and homemade waffles [7] Group 4: Environmental Restoration Efforts - Nestlé and Barry Callebaut announced a collaboration with Re.green to restore cocoa and coffee-growing regions in Brazil as part of their environmental restoration project [8][9] - The initiative aims to plant 11 million trees over 8,000 hectares, with Nestlé fully funding the Re.green project and covering 60% of Barry Callebaut's costs [9]

Core Viewpoint - Lucky Coffee aims to expand aggressively into high-tier cities, targeting a total of 10,000 stores by 2025, with a current count of nearly 7,000 stores, primarily in lower-tier cities [5][6]. Expansion Strategy - Lucky Coffee has adjusted its expansion strategy to focus on first and second-tier cities, particularly in the Yangtze River Delta and Pearl River Delta regions, with commercial streets as key locations [5]. - The brand's previous focus was on lower-tier markets, with approximately 70% of its stores located in third-tier cities and below as of 2024 [5]. Market Positioning - Lucky Coffee differentiates itself from competitors by maintaining a price point of 6-8 yuan, which is perceived as a real price rather than a subsidized one, thus ensuring profitability [5][6]. - The company benefits from its affiliation with Mixue Ice Cream, allowing for unified sourcing of raw materials and shared logistics, which enhances its competitive edge [6]. Product Strategy - Lucky Coffee has introduced a range of products priced between 6-8 yuan, including 14 new fruit coffee options, signaling its intent to penetrate the first-tier city market [7]. - The brand is also focusing on promoting its "American-style coffee" priced at 5.9 yuan, which has become one of its top-selling products [7]. Competitive Landscape - The coffee market is experiencing intense competition, with major players like Luckin Coffee, Kudi, and others ramping up their store expansion plans [8]. - For instance, Luckin Coffee has increased its store opening target from 4,000 to 8,000 for the year, while Gu Ming has raised its target from 1,000 to 3,000 [8]. Operational Insights - Lucky Coffee's average daily revenue per store reached a peak of 5,732 yuan during a recent promotional event, although the company remains focused on in-store consumption rather than delivery services [7]. - The company has recently launched a new roasting line in Hainan, which is the largest for Mixue Group, enhancing its production capacity [7].

Core Viewpoint - Starbucks China has announced a strategic partnership with Envision Group to develop a digital carbon management platform aimed at reducing carbon emissions across its supply chain over the next three years [1][2]. Group 1: Strategic Partnership - The collaboration will cover 100% of Starbucks' direct suppliers and key indirect suppliers, focusing on measuring the carbon footprint of thousands of products [1][2]. - The partnership aims to create a new model of "full-chain collaborative carbon reduction" [1]. Group 2: Sustainability Initiatives - Starbucks has integrated Envision's smart IoT operating system in over 7,500 stores, enabling real-time data tracking for energy efficiency and carbon reduction [1]. - The Starbucks Coffee Innovation Park utilizes Envision's "zero-carbon integrated energy solution" to achieve energy savings, cost reduction, and carbon reduction through various measures such as solar panels and digital carbon management systems [1]. Group 3: Supply Chain Carbon Emissions - Approximately 70% of Starbucks' total carbon emissions come from suppliers, prompting the company to focus on complex supply chain carbon reduction efforts [2]. - The partnership will provide suppliers with clear insights into their carbon emissions, with pilot projects in sustainable dairy aiming for refined carbon management through green energy procurement and optimized feed management [2].