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洪九果品退市启示:水果分销商死于现金流
Jing Ji Guan Cha Wang· 2026-01-04 08:40
2025年12月30日,有"水果第一股"之称的洪九果品正式从H股退市,距离其上市不到四年。 作为曾与百果园、鲜丰水果并称为"水果三巨头"的洪九果品,其退市结局背后是财报难产、高管被查、 模式重压等多重危机。 洪九果品主要采用"端到端"的供应链模式,在水果的产业链条中承担分销商的角色。根据灼识咨询数 据,以销售收入计算,洪九果品在2022年曾是国内最大的水果分销商,同时也是国内最大的榴莲分销商 和进口火龙果分销商。 洪九果品的猝然落幕,既是其自身财务疑点丛生、治理失序引发的结果,更暴露了水果分销行业"高预 付+长应收"商业模式带来的压力。 "水果第一股"陨落 洪九果品官网显示,该公司成立于2002年,以"全球水果链,共享幸福果"为定位,是一家专注于高端进 口水果和高品质国产水果的全产业链运营集团。其产品涵盖泰国龙眼、山竹、榴莲、越南火龙果、智利 车厘子、红提等进口单品,以及黄桃、猕猴桃、石榴等国产单品。 2016年至2020年,洪九果品完成了多轮融资,其中包括阿里巴巴等资本入局。2022年9月5日,洪九果品 在港交所上市,发行价为40港元/股,成为"水果第一股"。上市首日,该公司市值接近190亿港元。同 年,其 ...
组织向下扎根 产业拔节生长(前沿观察·农村党建调研行)
Ren Min Ri Bao· 2025-12-08 22:10
Core Insights - The article highlights the successful transformation of impoverished villages in Guangxi, China, through effective party organization and community collaboration, leading to significant economic growth and improved livelihoods for local farmers [5][11]. Group 1: Economic Development through Agriculture - The collective economic income of Xintian Village exceeded 100,000 yuan in just a few years due to targeted initiatives by the local party organization [5]. - The establishment of the Wanfeng Cooperative in Jiantang Town organized over 120 scattered farmers into a cohesive unit, enhancing productivity and profitability in grape farming [7]. - The introduction of high-quality varieties and standardized management practices has significantly improved grape quality, leading to increased sales through e-commerce platforms [7][11]. Group 2: Community Empowerment and Training - Over 500 local leaders have been trained in the past five years, with more than 100 new party members developed among them, fostering a culture of mutual support and knowledge sharing [11]. - The implementation of a "party organization + cooperative + base" model has facilitated the integration of resources and expertise, resulting in better agricultural practices and higher yields [7][8]. Group 3: Infrastructure and Support Services - The "enterprise whistle-blowing" mechanism has been effective in addressing challenges faced by local businesses, such as land and utility issues, thereby supporting their growth [12]. - The establishment of a 1.7 million mu rice-fish co-culture base has been a significant step in enhancing local economic development and providing employment opportunities [12]. Group 4: Diversification and Market Expansion - The integration of tourism and agriculture has created new revenue streams for farmers, with initiatives like grape picking tours and product markets attracting visitors [13]. - The county has seen a surge in online sales, with over 3.2 billion yuan in transactions in the first half of the year, showcasing the effectiveness of e-commerce in promoting local products [13].
广西资源:粤桂协作“云”赶集 大山好物跨山行
Zhong Guo Jin Rong Xin Xi Wang· 2025-08-10 06:54
Core Viewpoint - The event held in Guangxi's Resource County aimed to promote local agricultural products through live streaming and cultural activities, enhancing brand awareness and sales channels for unique products [1][4]. Group 1: Event Overview - The "Supply and Marketing Fair" live streaming event took place on August 8, 2025, in the Shishandi Scenic Area, showcasing Resource County's specialty agricultural products [1]. - Local officials, including the Deputy Secretary of the Resource County Committee, participated in endorsing the products, while local village hosts provided detailed product introductions through online presentations [1]. Group 2: Cultural Activities - The event featured traditional ethnic minority performances, including the bamboo pole dance, which engaged both local residents and tourists, highlighting the cultural richness of the region [1][5]. Group 3: Sales and Partnerships - Following the event, a shipment of agricultural products worth 30,000 yuan (approximately 4,500 USD) and weighing 5 tons was sent directly to Shenzhen [4]. - A procurement agreement worth 10 million yuan (approximately 1.5 million USD) was signed between Shenzhen's Kaiwei Yuan Catering Group and local agricultural companies, facilitating the entry of Resource County's quality products into the Greater Bay Area [4]. Group 4: Future Plans - Resource County plans to continue leveraging the "Supply and Marketing Fair + Live Streaming" model to expand sales channels for local products, with a focus on training and supporting local "new farmers" [7]. - The county aims to innovate in live streaming formats and content, contributing to the sales of local specialty products and the rural revitalization initiative [7].