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Mengniu
Inner Mongolia Mengniu Dairy (Group) Limited by Share Ltd. () 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. Mengniu's main competitor in China is the Yili Group. COFCO Corporation is Mengniu’s largest strategic shareholder. Products Mengniu's products include liquid milk products, such as ultra heat treated ( UHT) milk, yogurt and milk beverages, ice cream and other dairy products, such as powdered milk and milk tablets. During the year that ended on 31 December 2015, the company operated 33 production bases with an aggregate annual production capacity of 8.68 million tons. China Mengniu Dairy Company Limited's operates in three segments: the liquid milk products segment, which manufactures and distributes processed UHT milk, milk beverages and yogurt; the ice cream products segment, which manufactures and distributes ice ...
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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 resulted in kidney stones and other kidney damage in infants. The chemical was used to increase the nitrogen content of diluted milk, giving it the appearance of higher protein content in order to pass quality control testing. 300,000 affected children were identified, among which 54,000 were hospitalized, according to the latest report in January 2009. The deaths of six babies were officially concluded to be related to the contaminated milk. The timeline of the scandal dated back to December 2007, when Sanlu began to receive complaints about kidney stones. One of the more notable early complaints was made on 20 May 2008, when a mother posted online after she learnt that Sanlu donated the milk she had been complaining about to the orphans of ...
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COFCO Corporation
COFCO (; full name: China Oil and Foodstuffs Corporation) is a Chinese state-owned food processing holding company. COFCO Group is China's largest food processor, manufacturer and trader. It is also one of Asia's leading agribusiness groups alongside Wilmar International. Its headquarters are in the COFCO Fortune Plaza (中粮福临门大厦) in Chaoyang District, Beijing. Background Founded in 1949, it is one of the largest SOEs of those under the direct supervision of the SASAC. Between 1952 and 1987, it was the sole agricultural products importer and exporter operating under direct control of the central government. In 2007, COFCO had just over 60,000 employees in multiple locations in China as well as overseas operations in countries such as Japan, US, UK, Australia and Canada. Besides the foodstuff business, COFCO has developed into a diversified conglomerate, involving planting, cultivation, food-processing, finance, warehouse, transportation, port facilities, hotels an ...
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Hohhot
Hohhot,; abbreviated zh, c=呼市, p=Hūshì, labels=no formerly known as Kweisui, is the Capital (political), capital of Inner Mongolia in the North China, north of the China, People's Republic of China, serving as the region's administrative, economic and cultural center.''The New Encyclopædia Britannica'', 15th Edition (1977), Volume I, p. 275. Its population was 3,446,100 inhabitants as of the 2020 census, of whom 2,944,889 lived in the metropolitan area consisting of 4 urban districts (including Hohhot Economic and Development Zone) plus the Tumed Left Banner. The name of the city in Mongolian means "Blue City", although it is also wrongly referred to as the "Green City."Perkins (1999), p. 212. The color blue in Mongol culture is associated with the sky, eternity and purity. In Chinese, the name can be translated as ''Qīng Chéng'' ( zh, c=青城 , l=Distinguishing blue from green in language#Chinese, Blue/Green City) The name has also been variously romanized as Kokota ...
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Inner Mongolia
Inner Mongolia, officially the Inner Mongolia Autonomous Region, is an Autonomous regions of China, autonomous region of China. Its border includes two-thirds of the length of China's China–Mongolia border, border with the country of Mongolia. Inner Mongolia also accounts for a small section of China's China–Russia border, border with Russia (Zabaykalsky Krai). Its capital is Hohhot; other major cities include Baotou, Chifeng, Tongliao, and Ordos City, Ordos. The autonomous region was established in 1947, incorporating the areas of the former Republic of China (1912–1949), Republic of China provinces of Suiyuan, Chahar Province, Chahar, Rehe Province, Rehe, Liaobei, and Xing'an Province, Xing'an, along with the northern parts of Gansu and Ningxia. Its area makes it the List of Chinese administrative divisions by area, third largest Chinese administrative subdivision, constituting approximately and 12% of China's total land area. Due to its long span from east to west, Inn ...
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CDH Investments
CDH Investments (CDH, 鼎晖投资基金管理公司) is a major Chinese alternative asset management firm based in Beijing, China. It specializes in private equity, venture capital and credit products. CDH invests across a range of sectors and regions. As of March 2015, CDH manages over RMB 100 billion of investor capital across its various investment platforms. Founded in 2002, CDH is a diversified alternative asset manager covering private equity, venture capital, mezzanine, real estate, and wealth management. Its investor base includes sovereign wealth funds, pension funds, insurers, endowments, family offices and fund of funds from China, North & South America, Europe, Middle East, Australia and Asia. CDH is headquartered at Fortune Financial Center, 5 Dongsanhuan Central Road, Beijing, China, with additional offices in Shanghai, Shenzhen, Hong Kong, Singapore, and Jakarta. History In 1992, Wu Shangzhi, then Senior Investment Officer at the World Bank Group's Direct ...
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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 share company on the Shanghai Stock Exchange (SSE). It is engaged in processing 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 under "Satine" brand. In 2018, it was the world's third best-performing food brands. In 2021, Yili ranked 1st on FBIF's Top 100 Chinese Food & Beverage Companies list. It is partly state-owned by the government of Hohhot. Its head office is in the Jinshan Development Zone (金山开发区) in Hohhot. The company was an official sponsor and exclusive dairy products supplier of the 2008 Beijing Olympics, 2022 Winter Olympics and 2022 Asian Games. History In 1956, "the Cattle ...
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Hang Seng Index
The Hang Seng Index (HSI) is a market-Capitalization-weighted index, capitalisation-weighted stock market index in Hong Kong adjusted for free float. It tracks and records daily changes in the largest stock listings on the Hong Kong Stock Exchange and serves as the primary indicator of overall market performance in Hong Kong. These 82 constituent companies represent about 58% of the capitalisation of the Hong Kong Stock Exchange. HSI was publicized on November 24, 1969, and is currently compiled and maintained by Hang Seng Indexes Company Limited, which is a wholly owned subsidiary of Hang Seng Bank, one of the largest banks registered and listed in Hong Kong in terms of market capitalisation. It is responsible for compiling, publishing and managing the Hang Seng Index and a range of other stock indexes, such as ''Hang Seng China Enterprises Index'', ''Hang Seng China AH Index Series'', ''Hang Seng China H-Financials Index'', ''Hang Seng Composite Index Series'', ''Hang Seng Ch ...
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Hong Kong Stock Exchange
The Stock Exchange of Hong Kong (, SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. It is one of the largest stock exchanges in Asia and the List of major stock exchanges, 9th largest globally by market capitalization as of August 2024. The exchange plays a crucial role in connecting international investors with Mainland China, mainland Chinese companies, serving as a major platform for capital raising. Unlike Chinese stock exchanges (other), mainland Chinese exchanges, it operates under Hong Kong’s distinct regulatory framework, which allows greater access to foreign investors. The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing, Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists () and that in 2021 became the world's largest bourse operator in terms of market capitalization, surpassing Chicago-based CME Group, CME. A 20 ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Consortium
A consortium () is an association of two or more individuals, companies, organizations, or governments (or any combination of these entities) with the objective of participating in a common activity or pooling their resources for achieving a common goal. Consortia are generally nonprofit with a goal to help its members improve their competitiveness in the specific field. is a Latin word meaning " partnership", "association", or "society", and derives from ("shared in property"), itself from ("together") and ("fate"). Examples Educational The Universities' consortium is established to share research laboratories and equipment facilities, exchange faculty and students, provide programs abroad, and form specialized research centers and admissions offices.Wallace Lang D (1975). "The consortium in higher education". ''Journal of Educational Administration'', 13(2), 23-36. https://doi.org/10.1108/eb009730 Generally, it includes a corporate identity, voluntary membership of in ...
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