Logo of Inner Mongolia-based Mengniu Dairy
Inner Mongolia-based Mengniu Dairy (蒙牛乳业), established in 1999, is a leading dairy producer in China. It was listed on Hong Kong Stock Exchange in 2004.
The market share of its major products is above 35 percent, with sales of milk, ice cream and yogurt ranking first for each category in China. It also boasts the largest export volume of dairy products nationwide.
At present, Mengniu Dairy has established 33 production bases and 58 factories across China, with more than 40,000 employees. The company achieved revenues of 53.78 billion yuan ($8.12 billion) in 2016, representing year-on-year growth of 9.7 percent. It has been listed in the world’s top 20 dairy companies for eight consecutive years since 2009.
In recent years, Mengniu has been making great efforts to integrate global resources by promoting international cooperation. It has established partnerships with many well-known dairy producers worldwide, including Arla from Denmark, Danone from France, White Wave from the United States and AsureQuality from New Zealand.