Sanyuan Group () is a

state-owned State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownersh ...

group of companies based on

agriculture Agriculture or farming is the practice of cultivating plants and livestock. Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to ...

and

animal husbandry Animal husbandry is the branch of agriculture concerned with animals that are raised for meat, fibre, milk, or other products. It includes day-to-day care, selective breeding, and the raising of livestock. Husbandry has a long history, starti ...

in China. It consists of 12 state farms, 20 professional companies, 41 transnational joint ventures, 3 overseas subsidiaries and 1 public company as Beijing Sanyuan Foods, which is listed in

Shanghai Stock Exchange The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exc ...

Sanyuan Foods

Phoenix Television Phoenix Television is a majority state-owned television network that offers Mandarin and Cantonese-language channels that serve mainland China, Hong Kong, Macau and other markets with substantial Chinese-language viewers. It is operated by ...

was quoted as saying Sanyuan Foods was chosen by Beijing Olympic Committee at the last minute as the sole supplier of milk and dairy products for both the

2008 Summer Olympics The 2008 Summer Olympics (), officially the Games of the XXIX Olympiad () and also known as Beijing 2008 (), were an international multisport event held from 8 to 24 August 2008, in Beijing, China. A total of 10,942 athletes from 204 Na ...

and the

2008 Summer Paralympics The 2008 Summer Paralympic Games (), the 13th Summer Paralympic Games, took place in Beijing, China from September 6 to 17, 2008. As with the 2008 Summer Olympics, equestrian events were held in Hong Kong and sailing events in Qingdao. It was ...

. The original supplier of dairy products to the 2008 Beijing Olympic was

Yili Group Yili Group (; full name: Inner Mongolia Yili Industrial Group Company Limited) is a Chinese dairy products producer headquartered in Hohhot, Inner Mongolia. It is one of China's leading dairy companies alongside Mengniu, and is listed as an A ...

, but Yili was dropped when its products failed quality tests. After Sanyuan Foods' products were cleared in the nationwide test for

melamine Melamine is an organic compound with the formula C3H6N6. This white solid is a trimer of cyanamide, with a 1,3,5-triazine skeleton. Like cyanamide, it contains 67% nitrogen by mass, and its derivatives have fire retardant properties due t ...

, its share price surged 10 percent, a jump of 52% in 5 days. Independent media have reported that during the 2008 Beijing Olympics and the 2008 Beijing Paralympics, the " State Council Special Food Supply Center" was the only food supplier chosen by the Beijing Olympic Committee when all other national suppliers failed the stringent tests. "All the food supply, including dairy, for the Olympics and Paralympics were safe,"

Li Changjiang Li Changjiang ( Chinese: 李长江; October 1944 - ) was minister and Chinese Communist Party (CCP) party chief of the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China (AQSIQ). Biograph ...

, former head of

AQSIQ The General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China ( zh, 中华人民共和国国家质量监督检验检疫总局, abbreviated AQSIQ) was a ministerial-level department under the State C ...

told a press conference. "We took special quality management measures aimed at food supply for the Games." On 26, September 2008 Beijing Sanyuan Foods Co Ltd (SHA 600429) said its shares will be suspended from today pending an announcement related to a possible acquisition. Beijing Sanyuan is the only listed dairy producer that has avoided being associated with China's milk contamination scandal. The official

China Securities Journal The ''China Securities Journal'' (abbreviated as CSJ or ZGZQB), also transliterated as ''China Securities Post'' or ''China Securities News'', is a national securities newspaper in China, published by Xinhua News Agency. It is based in Beijing, a ...

cited market sources as saying that Sanyuan, a second-tier company, may acquire

Sanlu Group Sanlu Group CO., Ltd. (SJZSGCZ) was a state-owned Chinese dairy products company based in Xinhua District, Shijiazhuang, the capital city of Hebei. It produced one of the oldest and most popular brands of infant formula in China.

, the dairy at the center of the contamination scandal, taking the opportunity to become one of the top brands. Sanyuan has made a famous TV Show called Miracle Star , which plagiarised the TAWOG in 2015 and was noticed on 4CHAN.

References

External links

Official website of Beijing Sanyuan FoodsBen Bocquelet's tweet
{{authority control Dairy products companies of China Companies based in Beijing Government-owned companies of China

Sanyuan Foods

See also

References

External links