Beijing-based department store chain Parkson Retail Group has published its financial report for the first half of 2009.

According to reports in local media, more than ten instant bean vermicelli products from Baijia have been removed from the shelves of major supermarkets in Shijiazhuang, due to the similarity of its trademark with that of Baixiang, another Chinese instant food maker.

Beijing Sanyuan Food Company has won the bidding for Sanlu with a bid of CNY616.5 million at the public auction of part of Sanlu's assets held by by Shijiazhuang Intermediate People's Court.

Following confirmation of milk producer Sanlu's bankruptcy, Beijing-based rival Sanyuan has adjusted its acquisition plan and announced that it will rent some of Sanlu's assets.

The Shijiazhuang-headquartered Chinese dairy group Sanlu has confirmed that the group had handed in a bankruptcy liquidation application to the Intermediate People's Court of Shijiazhuang and all the work was being carried out in accordance with legal procedures.

Beijing based Sanyuan Foods has published a report which says that its board of directors has approved a proposal to set up a subsidiary in Shijiazhuang to facilitate its proposed acquisition and merger with Sanlu.