Mengniu

Mengniu Group (referred to as "Mengniu") was founded in 1999 in the Inner Mongolia Autonomous Region, with its headquarters in Hohhot, and has consistently ranked among the top ten global dairy companies. It was listed in Hong Kong in 2004 (stock code 2319.HK) and is a constituent stock of the Hang Seng Index, Hang Seng China Enterprises Index, and Hang Seng Corporate Sustainability Index. COFCO Corporation is the largest strategic shareholder of Mengniu.

Mengniu focuses on providing nutritious, healthy, and delicious dairy products to consumers in China and globally, forming a rich product matrix including liquid milk, ice cream, milk powder, cheese, and other categories. It boasts star brands such as Telunsu, Chunzhen, Guanyiru, Youyi C, Mr. Daily, Dilan Shengyue, Ruibu'en, Bellamy's, Milkground, Arla, and Maisheng. It holds a leading market share in premium pure milk, low-temperature yogurt, premium fresh milk, cheese, and liquid protein. Besides Mainland China, Mengniu products have entered markets in over ten countries and regions across Southeast Asia, Oceania, and North America. In 2024, Mengniu achieved annual revenue of 88.67 billion yuan and operating profit of 7.26 billion yuan.

Mengniu has established 45 production bases in China and overseas production bases in Australia, Indonesia, and the Philippines, with a total annual production capacity of approximately 14 million tons. Mengniu actively integrates high-quality resources and has made strategic investments in large-scale pastoral groups such as Modern Dairy and China Shengmu. Currently, Mengniu collects over 20,000 tons of fresh milk daily, and 100% of raw fresh milk comes from large-scale, intensive pastures. Additionally, Mengniu actively expands overseas high-quality milk sources, owning raw milk processor Burra Foods and organic infant food manufacturer Bellamy's in Australia.

Mengniu has established cross-border research and development centers in North America, Europe, Australia, and Southeast Asia, and conducts strategic cooperation with multiple renowned domestic and international research institutions. It engages in joint research in areas such as forage planting, breeding and processing, dairy fundamental science, and product innovation, achieving significant progress in smart manufacturing, raw milk preservation, probiotics, and quality control technologies. On October 8, 2024, Mengniu's Ningxia factory was awarded "Lighthouse Factory" by the World Economic Forum, being the first in China's dairy industry and the world's first for liquid milk. Mengniu continuously improves its full-industrial-chain quality management system "from grass to glass," covering breeding, processing, logistics, and other stages with digital and intelligent means, ensuring closed-loop monitoring of production and dynamic inspection of the entire process to guarantee the quality of every pack of milk.

Mengniu's first-class quality and brand value are widely recognized both domestically and internationally. It is a Worldwide Olympic Partner, a FIFA World Cup Global Official Sponsor, the official partner of the Chinese Football Association China Team, a strategic partner of China's space program, the official dairy partner of Shanghai Disney Resort, and the official partner of Beijing Universal Resort.

Benchmarking against the United Nations Sustainable Development Goals, Mengniu comprehensively advances its "GREEN" sustainable development strategy, focusing on five directions: sustainable corporate governance, dairy industry responsibility for common prosperity, environmentally friendly green production, responsible industrial ecosystem, and nutrition-inclusive excellent products. It promotes dairy industry revitalization to boost rural revitalization and achieve common prosperity, and was the first to release its "dual carbon" strategic goals, committing to peak carbon emissions before 2030 and achieving carbon neutrality across the entire industrial chain by 2050, actively contributing to the national dual carbon targets and driving sustainable development transformation across the upstream and downstream of the industry chain. In 2024, Mengniu's MSCI ESG rating was again raised to "AA", the highest level in the industry.

During the "14th Five-Year Plan" period, Mengniu, based on the new development stage and implementing new development concepts, leads the construction of a new pattern for China's dairy industry development, formulating a strategic plan to "create a new Mengniu," striving to build Mengniu into a consumer-favorite, internationalized, more responsible, culturally strong, and digitally intelligent enterprise. Looking ahead, Mengniu takes "Nourish every life with every drop" as its mission, "Prairie cow, world cow, global loved, nourishing 2 billion consumers" as its vision, and upholds the values of "consumers first, dare to dream, let dairy talents shine, integrity as the foundation for life and business," using high-quality products and services to meet the people's needs for a better life, promoting high-quality development of China's dairy industry, and creating a new "golden brand" for Made in China