Inner Mongolia Yili Industrial Group Co., Ltd. (600887)

Inner Mongolia Yili Industrial Group Co., Ltd. (600887)

Yili Group is ranked among the world’s most successful dairy companies and has been consecutively ranked No.1 in the Asian dairy industry in the past several years. It is the largest dairy company in China, offering the most comprehensive range of products. Yili is the only dairy enterprise in China that has met the standards for serving the Olympic Games and provided services to the 2008 Beijing Olympics Games. It is also the only dairy enterprise to have met the World Expo's standard and was the exclusive supplier of dairy products for the 2010 Shanghai World Expo.

Inner Mongolia Yili Industrial Group Co., Ltd. [1] is headquartered in Hohhot, Inner Mongolia Autonomous Region. Yili Group ranks the top five dairy industry in the world, ranking No.1 in Asia dairy industry for seven consecutive years, and its revenue has been increasing by more than 10 billion consecutive levels. In 2020, the total operating income will be 96.886 billion yuan[ 131]

Inner Mongolia Yili Industrial Group Co., Ltd. (hereinafter referred to as Yili Group or Yili) was founded in 1993, and is the largest dairy enterprise in China with the most complete product category [3] [127]. It is the only dairy enterprise in China that meets the Olympic standards and provides services for the 2008 Beijing Olympic Games; It is also the only dairy enterprise in China that meets the Expo standards and provides services for China's 2010 Shanghai World Expo. On August 30, 2017, Erie group became the official only dairy partner of 2022 Beijing Winter Olympics and 2022 Beijing winter Paralympic Games[ 8] Yili has become the first healthy food enterprise in China to serve both the summer and Winter Olympics.

According to the annual report of Yili enterprise in 2020, the total operating income of the company is 96.886 billion yuan in 2020, the net profit of the parent company is RMB 7.078 billion, and the high double growth is realized against the trend, showing the healthy growth trend of the company's main business and excellent profitability[ 131-132]

[2] Under the strategy of "global weaving", Erie has realized the industrial layout in the dairy developed areas such as Asia, Europe, America and Oceania [9].

As the leading enterprise in the industry, Yili Group has long been a market leader in many products, and the overall turnover is far ahead of the industry, and it is the first Asian dairy enterprise to enter the world dairy industry.

On September 10th, 2020, the top 500 list of private enterprises in China was released, and Inner Mongolia Yili Industrial Group Co., Ltd. ranked 70th, with operating income of RMB 96.886 billion in 2020.

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