Corporate Information

Founding of Mengniu Dairy

Listed on the Main Board of the Stock Exchange of Hong Kong (Stock Code: 2319.HK), becoming the first Chinese dairy product manufacturer to list outside of mainland China

Revenue exceeded RMB10 billion

Launched Milk Deluxe, which quickly became a leading high-end brand

Introduced COFCO Group as a shareholder, creating China’s largest strategic alliance between a dairy company and a food enterprise

Introduced Arla Foods as a shareholder, commencing in-depth cooperation with Arla on pasture management, the establishment of a quality traceability system and product development

Acquired Yashili to expand its milk formula business

Revenue exceeded RMB50 billion

Mr. Lu Minfang was appointed as CEO and started the reorganisation of business units

Increased its stake in Modern Dairy

Completed the acquisition of Bellamy’s, a renowned milk formula and infant food manufacturer in Australia, helping Mengniu introduce organic infant milk formula into the China market

Became the major shareholder of Milkground, a leading Chinese cheese enterprise, to develop the highly promising domestic and global cheese markets; also acquired Aice, a leading ice cream brand in Southeast Asia, to further penetrate Southeast Asian markets

Sales of Milk Deluxe exceeded RMB30 billion, becoming the No.1 global dairy product

Renewed company logo, marking the commencement of Mengniu’s strategic upgrade

Unveiled its “GREEN” sustainable development strategy and the dual-carbon strategic goal, committing to achieving the goal of “reaching carbon peak in 2030 and carbon neutrality in 2050”.

Mengniu was included as a constituent of HSI ESG Enhanced Index and HSI ESG Enhanced Select Index.