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Wanglaoji announces entrying into the plant beverage market

Zoom in font  Zoom out font Published: 2018-12-04  Views: 5
Core Tip: On November 29, the 190th Anniversary Innovation and Development Conference of Guangzhou Wanglaoji Pharmaceutical Co., Ltd. was held in Guangzhou.
On November 29, the 190th Anniversary Innovation and Development Conference of Guangzhou Wanglaoji Pharmaceutical Co., Ltd. was held in Guangzhou, at which Wanglaoji issued the "1136" development strategy plan. Reporters learned from the conference that Wanglaoji continued to strengthen and expand the main business of herbal tea, while laying out the field of plant functional drinks and personalized tuyere, and actively explore new retail. Next, Wanglaoji will introduce new Jasmine Herbal Tea and Exploded Ice Herbal Tea. 

The "1136" development plan put forward by Guangzhou Wanglaoji Pharmaceutical Co., Ltd. includes one mission, one vision, three business models and six aspects. Chen Weiping, assistant general manager of Guangzhou Pharmaceutical Group, introduced that at the product management level, Wanglaoji will focus on herbal tea as the main industry in the field of plant drinks, creating an incremental market with diversification of individual products and categories. It is reported that Wanglaoji's annual sales in the first half of 2018 still maintained double-digit growth. From January to September this year, Guangzhou Pharmaceutical Group realized sales revenue of 87.203 billion yuan, an increase of 11.82% over the same period last year, and realized total profits of 4.044 billion yuan, an increase of 50.47% over the same period last year.







Source:www.xxsb.com
 
 
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