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Yili Group

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Chinese dairy products company

Yili Group
伊利集团
Yili Office in Hohhot
Company typePublic; partly state-owned
Traded asSSE: 600887
IndustryDairy
Founded1993; 31 years ago (1993)
HeadquartersHohhot, Inner Mongolia, China
Key peoplePan Gang (Chairman)
ProductsDairy products
Chinese name
Traditional Chinese內蒙古伊利實業集團股份有限公司
Simplified Chinese内蒙古伊利实业集团股份有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinNèi Měnggǔ Yīlì Shíyè Jítuán Gǔfènyǒuxiàngōngsī
Websitewww.yili.com Edit this at Wikidata

Yili Group (Chinese: 伊利集团; pinyin: Yīlì Jítuán; full name: Inner Mongolia Yili Industrial Group Company Limited) is a Chinese dairy products producer headquartered in Hohhot, Inner Mongolia. It is one of China's leading dairy companies alongside Mengniu, and is listed as an A share company on the Shanghai Stock Exchange (SSE). It is engaged in processing and manufacturing of milk products, including ice cream, milk tea powder, sterilized milk and fresh milk under "Yili" brand, powdered milk under "Pro-Kido" brand, and organic milk under "Satine" brand. In 2018, it was the world's third best-performing food brands. In 2021, Yili ranked 1st on FBIF's Top 100 Chinese Food & Beverage Companies list. It is partly state-owned by the government of Hohhot.

Its head office is in the Jinshan Development Zone (金山开发区) in Hohhot.

The company was an official sponsor and exclusive dairy products supplier of the 2008 Beijing Olympics, 2022 Winter Olympics and 2022 Asian Games.

History

  • In 1956, "the Cattle Breeding Team of Hohhot Huimin District" was established. In 1958, it was renamed as "the Cooperative Dairy Farm of Hohhot Huimin District", which was the predecessor of the Yili Group.
  • In February 1997, the Yili Group was formally established and put into production the first production line of Tetra Pak Milk.
  • In 2008, Yili Group was involved in a food safety scandal, 2008 Chinese milk scandal. The scandal involved melamine-contaminated milk, baby milk powder, and other milk products. The incident caused 13,000 infants to have kidney stones in China and in neighboring countries and regions who consumed the contaminated milk products.
  • On 18 March 2019, the group signed an agreement to acquire 100% equity of New Zealand dairy co-operative Westland Milk Products – which was ratified by Westland shareholders on 4 July.
  • In December 2023, Yili Group established an internal militia unit reporting to the People's Liberation Army within the company.

See also

References

  1. "Background of Inner Mongolia Yili Industrial Group Co., Ltd". Archived from the original on 1 January 2007. Retrieved 20 May 2008.
  2. "Profile of Inner Mongolia Yili Industrial Group Company Limited". Archived from the original on 26 June 2008. Retrieved 20 May 2008.
  3. "Chinese brand Yili ranks among world's best-performing food brands: report – Xinhua | English.news.cn". www.xinhuanet.com. Archived from the original on 27 June 2018.
  4. Yang, Tutu; Gao, Nana (1 September 2021). "2021中国食品饮料百强榜" [Top 100 Chinese Food & Beverage Companies list]. FoodTalks (in Chinese). Archived from the original on 22 February 2024. Retrieved 28 February 2022.
  5. ^ He, Laura (21 February 2024). "Major companies in China are setting up their own volunteer armies". CNN. Archived from the original on 22 February 2024. Retrieved 22 February 2024.
  6. "内蒙古伊利实业集团股份有限公司 Inner Mongolia Yili Industrial Group Co., Ltd." (Archived 14 July 2014 at the Wayback Machine). Fortune China. "公司总部地址： 内蒙古自治区呼和浩特市金山开发区金山大道8号"
  7. "PROGRAMA CONJUNTO FAO/OMS SOBRE NORMAS ALIMENTARIAS" (Archived 26 July 2015 at the Wayback Machine). Food and Agriculture Organization. p. 30. Retrieved on 10 July 2014. "Inner Mongolia Yili Industrial Group Co. Ltd. No. 8, Jinsi Road, Jinchun Developing Zone 010080 Hohhot P.R. China"
  8. "Yili Official - About". Archived from the original on 22 February 2024. Retrieved 5 October 2023.
  9. "IOC Marketing Report Beijing 2022" (PDF). Archived (PDF) from the original on 13 January 2024. Retrieved 5 October 2023.
  10. "Yili designated as exclusive supplier of official dairy products for the Hangzhou Asian Games". Archived from the original on 22 February 2024. Retrieved 5 October 2023.
  11. "全国液态奶三聚氰胺专项监督检查结果发布". 新华网. 19 August 2008. Archived from the original on 21 September 2008. Retrieved 17 June 2020.
  12. "伊利八款奶类产品遭发现含三聚氰胺,政府要求入口商全面回收全国液态奶三聚氰胺专项监督检查结果发布". Reuters. 19 September 2008. Archived from the original on 17 June 2020. Retrieved 17 June 2020.
  13. "卫生部：现有1.2万余名婴幼儿因食用奶粉住院治疗伊利八款奶类产品遭发现含三聚氰胺,政府要求入口商全面回收全国液态奶三聚氰胺专项监督检查结果发布". 新华网. 21 September 2008. Archived from the original on 24 September 2008. Retrieved 17 June 2020.
  14. Rae, Sally (20 March 2019). "Westland Dairy signs agreement with Yili". ODT. Archived from the original on 3 December 2020. Retrieved 24 June 2019.
  15. Rae, Sally (23 May 2019). "Big regional benefits seen in Westland sale". ODT. Archived from the original on 24 June 2019. Retrieved 24 June 2019.
  16. McMahon, Brendon (21 May 2019). "Shareholders to vote on Westland Milk Products' sale". NZ Herald. Archived from the original on 23 July 2020. Retrieved 24 June 2019.
  17. Fox, Andrea (22 March 2019). "Death throes of a dairy co-operative: Westland Milk a loss of more than just money". NZ Herald. Archived from the original on 23 July 2020. Retrieved 24 June 2019.
  18. "Sale of Westland Milk Products approved by shareholders". Radio NZ. 4 July 2019. Archived from the original on 27 September 2020. Retrieved 5 July 2019.
  19. Kissun, Sudesh (4 July 2019). "Yili thanks Westland shareholders for strong vote of confidence". Dairy News. Archived from the original on 3 August 2020. Retrieved 5 July 2019.
  20. "三位省级党委常委一同出席！这家企业，成立了人民武装部". c.m.163.com (in Chinese). Archived from the original on 3 January 2024. Retrieved 3 January 2024.

External links

China Constituents of the SSE 50 Index (as of 23 February 2024)
China Constituents of the FTSE China A50 Index
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