Recent events
Recent events tied to this brand in public sources.
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2022
Xiangpiaopiao announces a price increase
The article reports that Xiangpiaopiao, a leading instant milk tea brand, recently announced a price increase; it gives no details of the increase.
2021
Xiang Piao Piao launches self-heating milk tea pot
Xiang Piao Piao launched its self-heating milk tea pot, which includes an internal heating pack and can heat the drink in five minutes. The product was on sale at the time of publication.
2020
Xiangpiaopiao lowers performance targets for its 2020 incentive plan
Xiangpiaopiao lowered the revenue-growth targets for 2020 and 2021 under its 2018 restricted-stock incentive plan, citing a materially adverse change in operating conditions amid the epidemic.
2020
Xiangpiaopiao reports lower first-three-quarter earnings
Xiangpiaopiao reported first-three-quarter 2020 revenue of 1.893 billion yuan, down 20.47% year over year, and net profit of 44.4902 million yuan, down 66.35%; net profit excluding non-recurring gains and losses fell 97.90%.
2020
香飘飘 released 2020 first-half results
香飘飘 released its 2020 first-half results, reporting revenue of 991 million yuan; second-quarter revenue and net profit increased year over year.
2020
Xiangpiaopiao announces executive resignation
Xiangpiaopiao Food Co., Ltd. announced that director, board secretary and deputy general manager Gou Zhenhai had submitted his resignation for personal reasons. His resignation will take effect after shareholders elect a new director; he will continue performing director duties until then.