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Yili Group

Yili Group
Leadership team

Mr. Gang Pan (Chairman & Pres)

Ms. Cheng Xia Zhao (CFO, VP, Financial Controller & Director)

Mr. Chun Hai Liu (VP)

Products/ Services
Food and Beverage, Nutrition
Number of Employees
Above 50,000
Headquarters
Hohhot, Nei Mongol, China
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
SSE:600887
Social Media
Overview
Location
Summary
Inner Mongolia Yili Industrial Group Co., Ltd. produces and sells dairy products in China and internationally. It offers liquid milk, milk powder, yoghourt, ice cream, and cheese, as well as packaged drinking water. The company was founded in 1956 and is based in Hohhot, China.
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 is 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 July 2005, the Yogurt Division was established.

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 causes 13,000 infants to have kidney stones in China and in neighboring countries and regions who consumed the contaminated milk products.

In 2010, the Yili Group officially released the new logos, the brand ideas and the enterprise visions.

In December 2018, the Yili Group was rated as an outstanding private enterprise in Inner Mongolia Autonomous Region.

In 2018, it achieved a total operating income of nearly 80 billion yuan—the best achievement in Asian Dairy Enterprises.

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.

Mission
To provide safe, nutritious and delicious food for consumers around the world, distributed through efficient and sustainable supply chains.
Vision
To create value for every stakeholder, and become a resourceful, trusted and sustainable global food company for customers, consumers, societies, and shareholders.
Key Team

Mr. Xiangmin Qiu (Sec. of the Board)

Mr. Xiao Gang Wang (GM of the Information Technology Center & Director)

Ying Zou (Financial Mang. & Head of the Accounting Department)

Recognition and Awards
Yili has received multiple awards throughout its history, including the 28th Gold Award for Quality by the Chinese Government, the Global Superbrands Award and the World's Most Ethical Food Company Award 2019.
References

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Yili Group
Leadership team

Mr. Gang Pan (Chairman & Pres)

Ms. Cheng Xia Zhao (CFO, VP, Financial Controller & Director)

Mr. Chun Hai Liu (VP)

Products/ Services
Food and Beverage, Nutrition
Number of Employees
Above 50,000
Headquarters
Hohhot, Nei Mongol, China
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
SSE:600887
Social Media