Busy Ming Group Co., Ltd. (1768)

Overview

Busy Ming Group Co., Ltd. is at the forefront of the food and beverage retail industry in China, focusing on an array of snack products such as biscuits, nuts, and beverages. Established in 2016 and based in Changsha, Hunan Province, the company opened its first retail store in 2017 and has swiftly expanded to encompass a formidable network of over 21,000 outlets throughout most provinces in China. Notably, around 59 percent of these locations are situated in counties and townships, reflecting its strategy to reach diverse consumer demographics.

Busy Ming employs an innovative value retail model that effectively eliminates middlemen in the supply chain, enabling the company to offer its products at prices approximately 25 percent lower than those found in average supermarkets. This approach caters to the growing consumer demand for affordable, high-turnover goods. The company manages dual brands—Busy for You and Super Ming—and primarily generates revenue through extensive sales to its franchise network. This strategic positioning has established Busy Ming as a market leader in its sector by gross merchandise value. Recent financial reports reveal an impressive profit of 1.56 billion yuan for the nine months ending September 30, highlighting the company’s remarkable growth in the consumer retail sector.

Products and Services

• Biscuits:

  Busy Ming offers a wide range of delicious biscuits that cater to various consumer preferences. The products range from classic, traditional flavors to innovative new varieties, ensuring a taste for everyone.

• Nuts:

  Healthy and convenient, the assortment of nuts includes popular options such as almonds, cashews, and mixed nuts. Busy Ming snacks are perfect for on-the-go consumption, appealing to health-conscious consumers seeking nutritious options.

• Beverages:

  The beverage line features an array of refreshing drinks, including soft drinks, juices, and specialty beverages. These products are designed to quench thirst and serve as perfect companions to Busy Ming’s snack offerings.

• Franchise Opportunities:

  Busy Ming provides extensive support for franchise partners, offering a comprehensive business model that includes training, marketing, and operational guidance. This ensures consistency and success across the franchise network.