Saturday, February 28, 2026. In a quick three-minute news digest of major food industry events: The year is fading, the road ahead is bright. Moving forward steadily with the confidence of the new spring, everything holds promise.

**JD.com's Arawana Reports 26% Net Profit Growth for 2025** Arawana Holdings has released its preliminary financial results for 2025. During the reporting period, the company achieved operating revenue of 245.126 billion yuan, a year-on-year increase of 2.87%. Total profit reached 4.889 billion yuan, up 33.71% year-on-year, while net profit attributable to shareholders was 3.153 billion yuan, marking a 26.01% increase. Arawana stated that the growth in its main business was primarily driven by increased sales volumes of kitchen food products, feed ingredients, and oil and fat technology products. Kitchen food benefited from new factory capacity utilization and channel expansion, while the feed ingredients business achieved profit growth supported by the cost-effectiveness of soybean meal and demand from downstream aquaculture.

**Walmart China President: To Continue Bolstering Multi-Format Layout** Recently, Jiangsu Provincial Governor Liu Xiaotao met with Walmart China President and CEO Zhu Xiaojing in Nanjing. Zhu Xiaojing expressed that Jiangsu's economy is continuously developing in a new and improved direction, with a business environment that is getting better and consumer demand escalating, making it one of Walmart's key strategic regions. Walmart will continue to strengthen its multi-format layout, increase procurement and promotion of "Jiangsu products and goods," accelerate supply chain upgrades and technological empowerment to better meet consumers' demands for a better life.

**JD.com's 7Fresh Supermarket to Open First Store in Tianjin This Year** According to reports, JD.com's 7Fresh supermarket will open its first store this year in Hedong District, Tianjin. The location is situated on the basement level of the Kerry Center Mall and is expected to debut within the year. The new Hedong Kerry Center store is located in the prime area of Jinbin Avenue, with excellent transportation links and proximity to several mature residential areas and business clusters such as Dawangzhuang, Chunhua, and Tangjiakou. In the future, it is poised to meet the daily fresh grocery needs of family customers while also providing convenient lunch, afternoon tea, and home meal ingredient solutions for office workers, potentially becoming a new consumer landmark in Hedong District.

**Foreign Media Reports China's "Sugar Tax" May Be Imminent, Targeting Sugary Drinks** Recently, according to a report by the Financial Times, citing informed sources, China is considering imposing a consumption tax on sugary beverages. The related proposal tends to favor higher tax rates for drinks with the highest sugar content. If ultimately approved, this new tax, referred to as a "sugar tax," would likely be incorporated into the existing consumption tax system to facilitate rapid implementation.