Nongfu Spring will invest 5 billion yuan with the city of Jiande in Zhejiang province to build a new production base for its drinking water and other beverage products. With gross and net profit ...

The Hong Kong Consumer Council, the Chinese city's consumer protection watchdog, is causing a headache for the largest bottled water supplier in China. Nongfu Spring, founded by billionaire Zhong ...

Nongfu Spring's gross margin has the potential to improve in the future, as the company changes its strategy regarding the new purified water product offering. NNFSF's Ready-To-Drink or RTD tea ...

Hong Kong (CNN) — Zhong Shanshan, China’s richest man, is facing a wave of attacks from nationalists who accuse him of a lack of patriotism in a campaign that has hit the price of shares of his ...

We moderately lower our 2024 earnings forecasts for narrow-moat Nongfu Spring ahead of the release of its interim results, as we expect its drinking water sales to be affected by the negative ...

Concerns over Nongfu Spring Co.’s sales outlook have prompted a number of brokers to downgrade its stock and slash price targets following a tumble to fresh lows. At least five brokerages, including ...

Nongfu Spring shares jumped after its majority shareholder's plan to boost his stake in the Chinese bottled-water giant. Shares of the Hangzhou-based company rose as much as 8.1% early Wednesday ...

In recent weeks, both the Nobel prize-winning novelist Mo Yan and the Chinese bottled water company Nongfu Spring have come under fire from extreme Chinese nationalists, who have accused them of being ...

Chinese manufacturer and bottled water producer Nongfu Spring is investing 5bn yuan ($704m) in a domestic bottled-water plant. Stay ahead with unbiased news, expert commentary, and in-depth features ...

Zhong and his drinks firm Nongfu Spring, the country’s biggest maker of bottled water, are the latest targets of an army of internet zealots. Calls for a boycott of Nongfu have even alarmed typically ...