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 share company on the

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 ...

(SSE). It is engaged in

processing Processing is a free graphical library and integrated development environment (IDE) built for the electronic arts, new media art, and visual design communities with the purpose of teaching non-programmers the fundamentals of computer programming ...

and manufacturing of milk products, including ice cream, milk tea powder, sterilized milk and fresh milk under "Yili" brand, powdered milk under "Pro-Kido" brand, and

organic milk Organic milk refers to a number of milk products from livestock raised according to organic farming methods. In most jurisdictions, use of the term "organic" or equivalents like "bio" or "eco", on any product is regulated by food authorities. In ...

under "Satine" brand. In 2018, it is the world's third best-performing food brands. In 2021, Yili ranked 1st on FBIF's Top 100 Chinese Food & Beverage Companies list. Its head office is in the Jinshan Development Zone (金山开发区) in

Hohhot Hohhot,; abbreviated zh, c=呼市, p=Hūshì, labels=no formerly known as Kweisui, is the capital of Inner Mongolia in the north of the People's Republic of China, serving as the region's administrative, economic and cultural center.''The Ne ...

. The company was an official sponsor of the

2008 Beijing 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 Nat ...

and

2022 Winter Olympics The 2022 Winter Olympics (2022年冬季奥林匹克运动会), officially called the XXIV Olympic Winter Games () and commonly known as Beijing 2022 (2022), was an international winter multi-sport event held from 4 to 20 February 2022 in Beij ...

History

*In 1956, "the Cattle Breeding Team of Hohhot Huimin District" was established. In 1958, it was renamed as "the Cooperative Dairy Farm of Hohhot Huimin District", which is the predecessor of the Yili Group. *In February 1997, the Yili Group was formally established and put into production the first production line of Tetra Pak Milk. *In July 2005, the Yogurt Division was established. *In 2008, Yili Group was involved in a food safety scandal,

2008 Chinese milk scandal The 2008 Chinese milk scandal was a significant Food safety incidents in China, food safety incident in China. The scandal involved Sanlu Group, Sanlu Group's milk and infant formula along with other food materials and components being adultera ...

. The scandal involved melamine-contaminated milk, baby milk powder, and other milk products. The incident causes 13,000 infants to have kidney stones in China and in neighboring countries and regions who consumed the contaminated milk products. *In 2010, the Yili Group officially released the new logos, the brand ideas and the enterprise visions. *In December 2018, the Yili Group was rated as an outstanding private enterprise in Inner Mongolia Autonomous Region. *In 2018, it achieved a total operating income of nearly 80 billion yuan—the best achievement in Asian Dairy Enterprises. * On 18 March 2019, the group signed an agreement to acquire 100% equity of New Zealand dairy co-operative Westland Milk Products – which was ratified by Westland shareholders on 4 July.

References

External links

Inner Mongolia Yili Industrial Group Company Limited
Dairy products companies of China Government-owned companies of China Companies based in Hohhot Food and drink companies established in 1993 2008 Chinese milk scandal Chinese companies established in 1993 Companies listed on the Shanghai Stock Exchange 1996 initial public offerings {{China-company-stub

History

See also

References

External links