a&f China Huiyuan bets on sparkling fruit juice sa

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China Huiyuan bets aboard sparkling fruit juice bargains By Donny Kwok and Huang Yuntao (China Daily)
Updated: 2011-03-24 14:11 2011-03-24 14:11:22.0Donny Kwok and Huang YuntaoChina Huiyuan bets aboard sparkling fruit juice salesHuiyuan,a&f,juice,sac hermes,nectar,Coca-Cola,11022002Companies2@webnews/enpproperty-->
HONG KONG - China Huiyuan Juice Group Ltd, the country's largest fruit juice producer and once a takeover target of Coca-Cola Co, expects its prevailing product of sparkling fruit juice to menu for about one-fifth of its bargains along the abolish of 2012,mulberry h, and namely below no oppression apt elevate costs of its other products.
About 10 fashionable plants making the drinks shrieked"Juizee Pop"will come aboard stream within the subsequently two years with a combined anniversary capability of virtually 2 billion bottles Huiyuan's Chairman Zhu Xinli told Reuters among one interview. Huiyuan caught headlines among 2008 while Coca-Cola fired a $2.four billion mandate as the company. Huiyuan approved the bid which represented a huge premium apt its share cost then But the Chinese government blocked the handle in 2009, saying the intended transaction would be erroneous for industry competition.
Months after US private-equity fund Warburg Pincus sold off its stake among Huiyuan. The migrate was emulated according French food team Danone SA,abercrombie fitch, which sold its 22.98 percentage peg surrounded Huiyuan for nearly 200 million euros ($258 million) amid July last anniversary to Hong Kong-based private equity team SAIF partners.
Facing rigid competition from Coca-Cola and PepsiCo Inc in China,abercrombie homme, Huiyuan mentioned among March last annual that it ambition farm nearly five billion yuan ($761.six million) into the production of Juizee Pop over the subsequently three years.
"It is different from Coke. We cry it Juizee Pop here, a sparkling fruit juice,one innovative beverage product We had no carbonated fruit juice among the past,mentioned Zhu, a well-known entrepreneur among China.
"It aspiration account for almost 20 percentage (of sales along the annihilate of afterward annual Zhu mentioned,ibeats headphones,joining that the company's new production volume of the modish product is minimal.

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Charles Yan,sac gucci,one commentator by Yuanta Greater China Equities,mentioned he had equitable upgraded Huiyuan's shares apt purchase"for of optimism over the sales potential of Juizee Pop, and the company's recently fired popular products of bottled tea.
"It is a sensible move apt enter into a fashionable category. First, it can leverage its distribution web second, it can improve its operational efficiency,sac hermes,mentioned Yan. "Those products (including tea drink products) will navigate to high growth for the company within the afterward few years,sac chanel," he said"I upgraded the company because it has the manufacturing capability it has the fashionable products,モンクレール ダウン, and highest importantly, it has the distribution network
Huiyuan, which boasts 1.1 million retail channels and owns more than 40 plants,mentioned surrounded its anniversary report released on Monday that its bargains of core juice products jumped 26.four percent year-on-year amid 2010 to three.four billion yuan.
Pure juice accounted for 23.six percentage of the perfect sales with nectars making up 39.six percent and juice drinks 28.four percent The remainder of the bargains came from other beverages such as bottled tea,breast juice and water.
Despite rising crude material and labor costs among China, Zhu said Huiyuan - which controls 50.two percentage of the Chinese pure juice mall onward bargains - currently had not plans apt heave the costs of existing products following a rise of almost eight percentage among February.
"We don't discern much suppression apt lift prices as crude materials costs are underneath control. The only cruelty namely rising labor costs," Zhu mentioned
Huiyuan, which recorded a 26 percent climb amid sales volume of fruit and vegetable juices to 1.06 million tons within 2010,sac louis vuitton q, had not plans to bring in fashionable strategic investors or acquaint any donations he said
Reuters