Inner Mongolia Yili Industrial Group Co Ltd - Company Profile

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Inner Mongolia Yili Industrial Group Co Ltd: Segment Analysis

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Business Description

Inner Mongolia Yili Industrial Group Co Ltd (Yili Group) is a manufacturer and marketer of milk powder, yogurt, liquid milk, ice cream, cheese, and other dairy drinks. It operates an overseas dairy factory in New Zealand and manages self-constructive, under-constructive and cooperative pastures.

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R&D Overview

Inner Mongolia Yili Industrial Group Co Ltd has leveraged its extensive R&D reserves to continuously launch new products, meeting diverse consumer demands. The company leverages dual core milk sources and R&D bases in China and New Zealand to enrich its product matrix of milk fat and cheese, expand its professional customer base, and provide innovative trend solutions. The company operates 15 R&D and innovation centers across the Asia, Europe, Oceania, and the Americas. As of December 2024, the company has accumulatively obtained 973 domestic and foreign patent authorizations, an increase of 135 compared to the previous year. In FY2024, the company spent CNY784.1 million on its R&D activities as compared to CNY778.7 million in FY2023.

Business Segments

Overview

Offers Chocliz Serials, Ice Factory Serials, Yili Ranch Serials, Bean Club Serials, Gemice and Others related products. Chocliz Serials division offers ice creams in cup packs, bars, and family packs in various flavors such as creamy tiramisu, Vanilla Cookie, mellow chocolate, creamy vanilla, and sweet caramel sauce. Ice Factory Serials offers ice creams in tetra packs in different flavors. Also available with Marvel comic characters.

Performance

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Overview

Offers a wide variety of milk products including banana milk, papaya milk, chocolate milk, children milk, whipping cream, butter, pure milk, grain milk, oat milk, coconut milk, lactose-free milk, soy milk, flavored milk, and yogurt among others under Youngfun, Ambpoeial, QQ Star, Grain More, Wei Ke Zi, and Yili brands.

Performance

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Overview

Offers milk products for the infants and adults. Products for infants include grow up formula for 0-6 months, 6-12 months, and 1-3 years children, and milk powder for babies. Products for adults include milk powder for middle aged and elder people, high calcium milk powder, nutritional milk powder, soybean milk powder, and milk tea powder. Available in 800gm and 900 gm tins. Offers Chang Qing Probiotics yoghurt, MeiYiTian yogurt, WeiNong, ShangBuFang yogurt, Yi Xiao yogurt and Yii big fruit yogurt in various flavors which include aloe and kiwi fruit, barley, mango, yellow peach, blueberry, and grape & raspberry. Provides QQ Star Yogurt Beverage for Children in original and strawberry flavors. Available in 250ml packs.

Performance

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Performance

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