China Mengniu Dairy Co Ltd - Company Profile
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China Mengniu Dairy Co Ltd (China Mengniu) manufactures and distributes dairy products. The company primarily offers products such as UHT Milk, Chilled Yogurt, Room Temperature Yogurt, Chilled Milk Beverage, Room Temperature Milk Beverage, Cheese, and Fresh Milk. China Mengniu also offers ice cream, milk formula products, and several other dairy products such as cheese. The company markets its products under the parent brand Mengniu and also under several other brands including Suibian, Deluxe, Mood for Green, and Ice+. It operates production facilities across China and markets its products in Mainland China, Hong Kong, Macau, Singapore, and Mongolia. China Mengniu is headquartered in Wanchai, Hong Kong.
Headquarters
Hong Kong
Address
Suites 801-2, 8th Floor, Top Glory Tower, 262 Gloucester Road,Causeway Bay, Hong Kong
Website
www.mengniuir.com
Telephone
852 21809050
No of Employees
46,355
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
2319 (HKG)
Revenue (2022)
$13.9B
6.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-9.3%
(2022 vs 2021)
Market Cap*
$7.7B
Net Profit Margin (2022)
XYZ
-14.8%
(2022 vs 2021)
* As of and is in US$
China Mengniu Dairy Co Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| UHT Milk | Mengniu |
| Chilled Yogurt | Suibian |
| Chilled Milk Beverage | Deluxe |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In August, the company partnered with Dow to launch an all-polyethylene (PE) yogurt pouch. |
| 2023 | Contracts/Agreements | In June, Chunzhen teamed up with QQ Xiaowo to curate a metaverse island that revives Gen Z’s childhood memories. |
| 2023 | Acquisitions/Mergers/Takeovers | In March, the company acquired a 25% stake in Yashili International Holdings Ltd. |
Competitor Comparison
| Key Parameters | China Mengniu Dairy Co Ltd | Inner Mongolia Yili Industrial Group Co Ltd | DFI Retail Group Holdings Ltd | Want Want China Holdings Ltd | Beijing Sanyuan Foods Co Ltd |
|---|---|---|---|---|---|
| Headquarters | Hong Kong | China | Hong Kong | China | China |
| City | Hong Kong | Huhehaote | Hong Kong | Shanghai | Beijing |
| State/Province | - | Inner Mongolia | - | Shanghai | Beijing |
| No. of Employees | 46,355 | 67,199 | 216,000 | 38,887 | 8,491 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Chen Lang | Chairman | Executive Board | 2019 | 57 |
| Jeffrey Lu Minfang | Vice Chairman | Executive Board | 2024 | 54 |
| Zhang Ping | Vice President; Chief Financial Officer; Director | Executive Board | 2021 | 59 |
| Gao Fei | Chief Executive Officer | Senior Management | 2024 | 47 |
| Luo Yan | Head - Chilled Product and Fresh Milk Business Units; Vice President | Senior Management | 2017 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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