Company News and Market Analysis of Some Famous Domestic Enterprises

Vice President of Qianhe Flavor Industry Edward Liu resigned

　　On the evening of January 10, Qianhe Flavor Industry announced that the board of directors of the company received a resignation report from the vice president of the company, Andy Liu, on January 10, 2022.

Edward Liu applied for resignation as vice president of the company due to personal reasons, and the resignation report is effective from the date of delivery to the board of directors of the company. After his resignation as vice president, Mr. Liu will remain as a director of the fourth session of the Board of Directors of the Company.


　　According to the news of Mengniu WeChat public number, in the recently aired "Dialogue" program Mengniu Group President Lu Minfang said:

"Mengniu spent a lot of effort this year to make this as a topic to incubate 'small and beautiful' enterprises, Mengniu provides a strong supply chain platform, the ability of basic research and development, and through equity incentives to stimulate creativity and cultivate 'specialized and special new' future development projects on Mengniu's soil."

　　Shanghai Jiaguoyuan Beverage Co., Ltd. was fined RMB 8,000 for publishing illegal advertisements

It was ordered by Shanghai Pudong New Area Market Supervision Administration to stop publishing and fined 8,000 yuan for violating the Advertising Law of the People's Republic of China by prominently labeling "100% fruit juice" in the middle of the front of the outer package.

　　Knight's Dairy intends to change its listing to the North Exchange

On January 7, Knight Dairy issued a "Notice of Application for Change of Counseling Record", stating that the company intends to change its IPO plan on the GEM to a listing on the Beijng Stock Exchange, and the company's counseling institution has submitted the change materials to the Inner Mongolia Securities Regulatory Bureau on January 7.

However, in terms of the weighted average return on net assets in the past two years, Knight Dairy does not yet meet the financial conditions for listing on the BSE.