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
China Mengniu Dairy Company Limited () is a Chinese manufacturing and distribution company of dairy products and ice cream. The company is headquartered in Hohhot, Inner Mongolia and manufactures dairy products under the ''Mengniu'' brand.
In Jul ...
, 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 Excha ...
(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
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to ...
of
milk
Milk is a white liquid food produced by the mammary glands of mammals. It is the primary source of nutrition for young mammals (including breastfed human infants) before they are able to digest solid food. Immune factors and immune-modulat ...
products, including
ice cream
Ice cream is a sweetened frozen food typically eaten as a snack or dessert. It may be made from milk or cream and is flavoured with a sweetener, either sugar or an alternative, and a spice, such as cocoa or vanilla, or with fruit such as ...
, milk tea powder,
sterilized milk and fresh milk under "Yili" brand,
powdered milk
Powdered milk, also called milk powder, dried milk, or dry milk, is a manufactured dairy product made by evaporating milk to dryness. One purpose of drying milk is to preserve it; milk powder has a far longer shelf life than liquid milk and do ...
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 N ...
.
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 Bei ...
.
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 incident in China. The scandal involved Sanlu Group's milk and infant formula along with other food materials and components being adulterated with the chemical melamine, which res ...
. 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
Westland Milk Products is a dairy company based in Hokitika, New Zealand. It has been owned by Chinese dairy company Yili Group since 2019. It is the third-equal largest dairy processor in New Zealand (behind Fonterra and Open Country Dairy, a ...
– which was ratified by Westland shareholders on 4 July.
See also
*
Chicecream
Chicecream is a Chinese premium ice cream company, known for its high prices and for being a home-grown Chinese luxury ice cream company as opposed to a Western import. Founded in 2018 in Shanghai, the company has focused on e-commerce and has ...
*
Mengniu Dairy
China Mengniu Dairy Company Limited () is a Chinese manufacturing and distribution company of dairy products and ice cream. The company is headquartered in Hohhot, Inner Mongolia and manufactures dairy products under the ''Mengniu'' brand.
In Ju ...
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
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