Mengniu Dairy
China Mengniu Dairy Company Limited and its subsidiaries manufacture and distribute quality dairy products in China.
Mengniu Dairy, founded in January, 1999 and headquartered in Hohhot, is a company developing and producing dairy products suitable for Chinese. The founder is Niu Gensheng. Listed on the HKEX on June 10, 2004, the company's major shareholders are ChinaDairy (Mauritius) Ltd, China Mengniu Dairy Co. Ltd and Lao Niu Foundation. Rivals that have direct and indirect competition with Mengniu Dairy include Yili, Bright Dairy, Nestle, Lactalis, etc.
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MSCI's rating was upgraded and Mengniu's ESG rating was upgraded to "BBB"
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Mengniu Dairy: revenue of 45.91 billion yuan and net profit of 2.95 billion yuan in the first half of the year
China Shengmu: wholly owned subsidiary of China Mengniu increases 12.48% of the company's shares
CICC: Mengniu's medium-term operating profit margin may be improved to maintain the "outperforming industry" rating
Mengniu Dairy: Revenue Falls 5.80% YoY to CNY 37.53 Billion in 1H 2020