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Inner Mongolia Yili Industrial Group Company Limited
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Inner Mongolia Yili Industrial Group Company Limited

Yili

Inner Mongolia Yili Industrial Group Co., Ltd. is China's largest dairy company, headquartered in Hohhot, Inner Mongolia. The company's business spans the full range of dairy products including liquid milk, infant formula, yogurt, and ice cream, achieving ¥126.2 billion revenue in 2023 and maintaining its position among the global top 5 dairy producers. Through 3,000+ partner farms and 80+ product

ChinaEst. 199360K+SSE:600887

Business Nature

Primarily self-manufacturing 81 global production bases, with OEM/contract manufacturing accounting for less than 5%

Core Business Areas

4.3 – Liquid milk / Fermented dairy products /10.1 – Milk powder / Infant formula /8.11 – Bottled water / Dairy-based beverages /14.6 – Plant-based products / Organic dairy /10.6 – Probiotics / Nutritional supplements

Industry Rankings

Corporate Report

Inner Mongolia Yili Industrial Group Co., Ltd. (Yili Group) is the largest dairy enterprise in Asia, headquartered in Hohhot, Inner Mongolia, China. Founded in 1956, the company has grown to become a dominant force in China's food and beverage industry with 2024 annual revenue of approximately 130 billion RMB and a market capitalization that positions it as the undisputed leader in the Asian dairy sector. Yili operates as a fully integrated dairy producer encompassing research and development, manufacturing, branding, and retail sales through a vertically integrated business model.

Core Business

Yili Group specializes in the production and sale of dairy products, with Liquid Milk serving as its absolute core business segment, accounting for approximately 70% of total revenue. The company's flagship liquid milk portfolio includes Yili Pure Milk, Shuhua, Guliduo, and Upside, which have achieved market dominance across China. Yili's liquid milk production technology leads Asia, with an annual capacity exceeding 10 million tons and continuous innovation in UHT ultra-high temperature sterilization processing that extends product shelf life while preserving nutritional value.

The Infant Formula and Dairy Products segment represents approximately 20% of consolidated revenue, making it a vital contributor to the company's growth. The Jinlingguan infant formula brand leverages proprietary breast milk research findings and has emerged as one of China's most trusted formula brands with double-digit growth exceeding 15% annually. This segment also encompasses adult nutritional milk powder products such as Xinhuo formula. The company's Fermented Dairy division, featuring popular brands like Anmuxi, Changqing, and Meiyitian, holds leading positions in China's yogurt market with Anmuxi recognized as China's number one ambient yogurt brand growing at over 20% annually.

Completing its comprehensive dairy portfolio, Yili maintains significant operations in Ice Cream and Cheese segments, offering products such as Qiaolezi ice cream and various cheese offerings under the Yili brand. The company allocates approximately 3 billion RMB annually toward research and development, holding the highest number of dairy-related patents in China's industry, with hundreds of new products launched each year spanning high-protein, functional probiotic, organic, and A2 milk varieties.

Global Presence

Yili Group has established an extensive global production and operational network spanning 60+ countries across Asia, Europe, Americas, and Oceania. The company operates 81 pro