wisepowder: Nongfu Spring to go Public

Nongfu Spring to go Public

22 Jan 2021 at 03:29

Nongfu Spring to go Public


The famous Chinese beverage brand Nongfu Springp is prepared to go public in Hong Kong.To get more news about Nongfushanquan, you can visit en.nongfuspring official website.

The brand’s product lineup covers coffee, tea, juice, functional drink and plant-protein drinks. Last year the company’s net profit is over 20% of the revenue.The company has several well-recognized brand in categories including tea, juice, high-end water and functional drinks.

The company aims to finance 1 billion dollar and has yet disclose its future strategy. 
Even the Global Times seemed shaken by the potential chilling effect if Nongfu Spring were to score a similar victory to Zoomlion's: "The Nongfu Spring case is not good for the media. Journalists should be very careful when blowing the lid on big companies and should collect solid evidence," Wang Sixin, a law professor with the Communication University of China, told the paper "However it's almost impossible for them to support every detail with facts. So journalists will have less space to do news reporting."



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