China Mengniu Dairy

TOPIC

/ company

China Mengniu Dairy

(中国蒙牛乳业有限公司)

China Mengniu Dairy

China Mengniu Dairy

中国蒙牛乳业有限公司

China Mengniu Dairy is a leading dairy product manufacturer in China. With Mengniu as its core brand, the company sells liquid milk products, ice cream, milk formula and cheese. During the 2008 Chinese milk scandal, the company's shares were suspended on the Hong Kong stock exchange and its products pulled from supermarket shelves in the city after powdered milk samples tested positive for melamine, a toxic substance.

Chairman / President

Jeffrey, Minfang Lu

CFO / Finance Director

Meng Fanjie

Industry

Food & Beverages

Website

mengniu.com.cn

Headquarters Address

Sanyuan Bridge, Chaoyang District, Beijing, China

Stock Code

SEHK: 2319

Year Founded

1999

last updated:

28 August, 2024

China’s falling birth rate is affecting sales of the dairy industry. Photo: AFP

Banking & finance

China’s multidecade dairy boom sours as population ages, sales slump

Sales of top dairy firms like China Mengniu and Inner Mongolia Yili fell between 9 and 13 per cent in the first half, S&P said.

26 Nov 2024 - 7:00AMvideocam

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13 Oct 2017 - 10:53PM

A research note from Credit Suisse says that Chinese brewers will benefit from the free spending habits of young consumers. Photo: AFP

Hong Kong company reporting season

Update | Mengniu Dairy teams up with Alibaba to tap tech-savvy consumers

31 Aug 2017 - 5:18PM

Yoghurt beverages, acquisitions and new consumers to fuel rebound at Mengniu Dairy

3 May 2017 - 10:39PM

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China Mengniu Dairy posts 751 million yuan loss

30 Mar 2017 - 10:46PM

Photo: Shutterstock

Update | Mengniu pays HK$6.92 billion to buy out China’s largest dairy herd

5 Jan 2017 - 11:01PM

Temasek, Hopu among buyers of stake in Yashili from Mengniu

11 Nov 2013 - 11:19AM

Mengniu Dairy taps into rising demand

First-half net profit at China Mengniu Dairy jumped 16.3 per cent to 749.5 million yuan (HK$950 million) as demand for its products grew steadily.

14 Jun 2018 - 4:44PM

A Beijing shopper examines milk from China Mengniu Dairy, the main client for China Modern Dairy's raw milk. Photo: Bloomberg

Mengniu, Danone's China yogurt joint-venture terms reveal distrust

The terms of a yogurt joint-venture between China Mengniu Dairy and Danone reflect the mistrust between two parties, analysts say. Hong Kong-listed Mengniu and Danone, a Paris-listed conglomerate, describe the details as legal formalities.

14 Aug 2013 - 5:48AM

A Danone yogurt. Danone and Mengniu inked a deal on Friday to set up a joint venture to produce yogurt on the mainland.

China food safety

China Mengniu's steps to consolidate dairy industry are welcome

The recent decisions by China Mengniu to take over or partner with domestic and foreign dairy companies is a welcome move by one of the country's industry leaders to consolidate in a sector that has yet to recover fully from the 2008 scandal over melamine-adulterated milk.

30 Jun 2013 - 4:05AM

NZ’s Synlait Milk to raise NZ$120m in IPO, share sell-down

24 Jun 2013 - 2:53PM

Opinion | Dairy duo must show that someone is not milking the deal

22 Jun 2013 - 3:55AM

Yashili deal fuels rally in Mengniu

China Mengniu Dairy soared to the highest level in more than five years after the country's largest dairy producer offered HK$12.5 billion to buy a mainland maker of infant formula.

20 Jun 2013 - 3:53AM

Mengniu stock jumps 6.9 per cent after offer of HK$12.5 billion for infant formula maker Yashili International. Photo: Reuters

Mengniu shifts into baby formula with Yashili stake

19 Jun 2013 - 4:40AM

Hong Kong Stock Exchange

Dairy pair expected to reveal milk deal

Trading in the shares of two Hong Kong-listed mainland dairy firms, China Mengniu Dairy and Yashili International, was suspended yesterday, triggering market speculation about a possible consolidation in the fragmented formula milk market in China.

14 Jun 2013 - 3:49AM

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Mengniu sets up yogurt venture with Danone

Shares in China Mengniu jumped more than 10 per cent yesterday after the company said it will introduce the French dairy-foods maker Danone as a strategic shareholder, with the two firms agreeing to set up a yogurt joint venture.

21 May 2013 - 4:39AM

Mengniu Dairy to pay HK$3b for 27pc Modern Dairy stake

China Mengniu Dairy, the country's largest manufacturer of liquid dairy products, plans to pay HK$3.18 billion to dramatically boost its stake in China Modern Dairy, in an attempt to get a tighter hold of its raw milk supply.

9 May 2013 - 5:19AM

Sales pickup gives lift to China Mengniu Dairy

The Inner Mongolia-based company said in an analysts conference yesterday that its revenue had grown year on year since January this year. Gross profit margin is also expected to improve thanks to the launch of new products, better cost control and a rise in retail prices.

28 Mar 2013 - 6:31AM

China Mengniu Dairy's earnings go sour

29 Aug 2012 - 4:11AM

First-half earnings at China Mengniu Dairy fell to 645 million yuan, a result that the company partly attributed to a fall-out from quality-related scandals. Photo: EPA

Opinion | First thing China, August 23

29 Aug 2012 - 3:06PM

China Mengniu's shares fall 24pc

29 Dec 2011 - 12:00AM

Mengniu shareholders in HK$1.22b placement

29 Jul 2010 - 12:00AM

Mengniu profit surges 41pc

13 Sep 2007 - 12:00AM

Mengniu achieves sales target

24 Jun 2006 - 12:00AM

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