INNER MONGOLIA MENGNIU DAIRY GROUP COMPANY LIMITED

Mengniu's products include liquid products, such as ultra heat treated () milk, and milk beverages, and other dairy products, such as and milk tablets. During the year that ended on 31 December 2015, the company operated 33 production bases with an aggregate annual of 8. 68 million tons. The owner and founder of Mengniu is , a former employee of , another Inner Mongolian dairy giant which is now Mengniu's largest competitor. He founded the company in 1999, and the company's textbook growth has swept the country by storm. In 2002, , and China Capital Partners signed agreement with Mengniu to invest US$26m for a total share of 32% in the company. Mengniu then went on to be listed on the (SEHK) in June 2004. That sale made the state the largest and effectively nationalized the company. The company is a leading manufacturer of , and other dairy products in , partly due to its high-profile advertising campaigns. One such campaign advertised after the successful launches of the and spacecraft (in fact the company sponsors the Chinese space program), and Mengniu also sponsored the popular contest. (aka ) became associated with s brand, appearing in Mengniu's commercials, which became instrumental in her elevation to fame. In , it also uses the slogan "中國牛 世界牛 蒙牛", which metaphorically means "Mengniu will be outstanding in Inner Mongolia, be outstanding in China and world". The company has now become a symbol of entrepreneurship in China. Mengniu was among those named for having powdered milk samples which tested positive for melamine. The company recalled tainted powdered milks and apologised to the public. Trading in Mengniu shares on the Hong Kong Stock Exchange was suspended on 17 September. Shares in other dairy companies fell strongly the next day. Mengniu, whose products tested negative in Hong Kong government tests, was immediately de-listed by supermarket chains after tests showed that contaminated samples had been found on the mainland. Mengniu's CFO attempted to reassure consumers by offering a no-quibble refund on all products, and by drinking liquid milk in front of reporters. He also said that its export products were less likely to be contaminated. This comment spurred accusations on Internet bulletin boards that the company's preferential export policies was because it thought Chinese lives were cheaper than foreigners'. In 2006, China Mengniu Co. Ltd teamed up with , the largest producer of dairy products in Scandinavia, to produce and distribute solid milk products in China, including Hong Kong and Macau. The Chinese dairy products maker said it would hold 50 percent of the venture, while would own 48 percent. The joint venture company was named Mengniu Arla. It is extremely important that we get to the bottom of the problem so that consumers' safety can be guaranteed and confidence in the Chinese dairy industry maintained, together with Mengniu and the authorities, we're doing everything we can to safeguard quality. "

*[lit. ]: Literal translation *[v]: View this template *[t]: Discuss this template *[e]: Edit this template. It’s headquartered in Hohhot, and it ranked9th in the “Global Dairy TOP 10” in 2023. In 2004, it was listed on the Hong Kong Stock Exchange (stock code 2319. HK), and it’s a constituent stock of the Hang Seng Index, Hang Seng China Enterprises Index, and Hang Seng Sustainable Development Enterprises Index. COFCO Corporation is Mengniu's largest strategic shareholder. Itboasts star brands such asMilk Deluxe, Just Yoghurt, Champion, Real Fruits, Yoyi-C, Shiny Meadow, Deluxe Ice-Cream, Milkland, and Bellamy’s Organic. In 2024, Mengniu achieved annual revenue of 88. 67 billion yuan and operating profit of 7. Significant progress has been made in intelligent manufacturing, raw milk preservation, probiotics, quality control technology, and other fields. Mengniu has committed to continuously improving the quality management system of the entire industry chain “from-grass-to-glass,” with digital and intelligent solutions covering all links. It serves as the global partner of the Olympic, FIFA World Cup's official global sponsor, the official partner of the Chinese Football Association China Team, the official partner of the China Super League, the strategic partner of China Aerospace, the official dairy product partner of Shanghai Disneyland Resort, and the official partner of Beijing Universal Resort. Mengniu Dairy adheres to the United Nations' sustainable development goals (SDGs), and it promotes the "GREEN" sustainable development strategy in five parts (Governance–Sustainability,Responsibility–Common Prosperity,Environment-Carbon Net–Zero,Ecosystem–Collaborative & Accountable, andNutrition–Supreme & Inclusive). The company supports rural revitalization and achieves common prosperity through dairy revitalization. It was the first to release an industry-leading dual-carbon strategic goal, which clearly states that the carbon peak will beachieved by 2030 and the carbon neutrality of the entire industrial chain will be achieved by 2050, promoting a sustainable development transformation of the entire industry chain. In 2023, Mengniu Dairy's MSCI ESG rating jumped to the "AA" level, the highest level in the Chinese food industry. The company has developed a strategic plan to "Create a New Mengniu" to guide its "FIRST" (First-Choice,International,Responsibility,Spirit, andTechnology) strategy, and it strives to develop into a world-class enterprise. Since 2016, Gao Fei became the vice president of Mengniu, and head of the Mengniu Ambient Business Unit. The event spanned the entire year, covering nearly 100 cities and 110 races, attracting over 2. 2 million participants. It continued to promote fitness for all and support the development of China’s sports industry. The 2024 Dairy Technology and Nutrition & Health Industry Innovation Conference, with guidance from the Chinese Institute of Food Science and Technology, the China Dairy Association, the China Dairy Industry Association, and the Inner Mongolia Autonomous Region Department of Science and Technology, was hosted by Mengniu in Hohhot. At the 2024 Harvard Business Review China Annual Conference, the 8th Ram Charan Management Practice Awards were announced. Mengniu’s corporate culture case, “Resources Will Eventually Run Out and Only Culture Endures Forever” and its digital transformation case “AI-Driven Intelligent Process Reengineering”, won the Human Resources Practice Award and the Management Practice Award – Award of Excellence, respectively. The 16th Conference of the Parties (COP16) to the United Nations Convention on Biological Diversity was held in Cali, Colombia. During the conference, Mengniu officially launched “Oasis”, a biodiversity advocacy initiative. The WEF announced the latest batch of “Lighthouse Factory” designations. Mengniu’s Ningxia factory, the fully digitalintelligent super factory, was certified as one, becoming the first in China’s dairy industry and the first global liquid milk facility to receive this honor. The All-China Federation of Trade Unions issued the Decision on Commending National Model Homes of Employees, National Model Small Homes of Employees, and National Outstanding Trade Union Workers. , Ltd. was awarded the title of “National Model Worker Home. ” Mengniu and JD. com entered into a comprehensive strategic partnership. com CEO Xu Ran attended the signing ceremony. The two companies agreed to deepen and broaden cooperation across all channels and industry segments over the next four years, aiming to achieve a cooperation target of RMB 30 billion. Mengniu SUANSUANRU partnered with Hunan TV to host the “SUANSUANRU 20th Anniversary Celebration event”. Pop singer Zhang Hanyun performed the famous song Suansuan Tiantian Jiushi Wo (Sour and Sweet, That’s Me) again, while brand ambassador Tan Jianci debuted the new brand single Suansuan Tiantian Zhende Wo (Sour and Sweet, That’s True Me). HK) held its 2024 Interim Results Press Conference in Hong Kong. 67 billion in the first half of 2024, a year-on-year decrease of 12. 6%. 12 billion, with the operating profit margin increasing by 0. 6 percentage points year-on-year to 7%. Mengniu and Wageningen University & Research (WUR) in the Netherlands held a project signing ceremony at the Wageningen campus. Attendees included Ben Langelaan, dean of the College of Food Science at WUR. Wen Yongping, Mengniu Vice President and Global Head of R&D, and Zhang Xuguang, Mengniu Assistant Vice President also attended the ceremony. The event celebrated ordinary people who have made relentless pursuit of excellence, shared their inspiring stories, advocated their spirit, and promoted cultural exchanges and mutual learning. As the Paris 2024 Olympic Games opened, Mengniu collaborated with director Zhang Yimou’s team to release an Olympic-themed TV commercial. The ad invited billions of viewers worldwide to join the Olympic celebration, showcasing the Chinese people’s pursuit of excellence and cheering for athletes. The National Science and Technology Conference, National Science and Technology Awards Conference, and the Conference of Academicians of the Chinese Academy of Sciences and Chinese Academy of Engineering were held in Beijing. Mengniu, as the primary contributor, was awarded the National Science and Technology Progress Award (Second Prize) for the project “Innovation and Application of Key Technologies in the Mining and Industrialization of High-Quality Lactic Acid Bacteria Germplasm Resources”, making it the only company in the industry to receive this honor. Chen Lang had resigned as Non-Executive Director, Chairman of the Board, Director of the Nomination Committee and the Strategy and Development Committee, and Mr. At the conference, Mengniu’s infant formula brand RUIBUEN showcased its latest achievement in collaboration with Jiangnan University and Sun Yat-sen University – the world’s first “Human Affinity Formula” (MLCT + Novel OPO) with clinical feeding evidence. Mengniu launched the “Food Wisdom is Power. ”: Youth Food Nutrition Education Skills Competition, as part of the 2024 “Hundred Cities, Thousand Schools: China Student Nutrition and Health Education Public Welfare Initiative” in Wuxi. was awarded the “National May 1st Labor Certificate of Merit”. The operating profit margin continued to improve, rising by 40 basis points to 6. Lu Minfang was promoted to Vice Chairman and stepped down as CEO while continuing to serve as an Executive Director. Mr. Mengniu’s premium fresh milk brand, SHINY MEADOW, obtained import approval from the Hong Kong Food and Environmental Hygiene Department, officially entering the Hong Kong market. The product is now available in over 1,000 supermarket outlets across Hong Kong, including Wellcome, PARKnSHOP, AEON, and 7-11. The Shanghai Association for Food & Cosmetics Quality and Safety Management officially released the group standard “Determination of Seven Human Milk Oligosaccharides (HMOs) in Infant Formula and Modified Milk Powder”. MIIT announced the “2023 National Technological Innovation Demonstration Enterprises List”, with Mengniu being the only dairy company selected. The National Archives Administration released the 2023 List of National Best Practices of Enterprise Archives Innovation. on it. To date, Mengniu has a total of 30 factories recognized as “National Green Factories”. Three energy-saving and emission-reduction practices of Mengniu Group, such as internal operation emission reduction, low-carbon cooperation of ecological partners and product innovation and recycling, were included in the United Nations Global Compact (UNGC) carbon peaking and carbon neutrality case collection. TÜV issued the Zero-carbon Factory Standard Certification certificate and the Zero-waste Factory Certification certificate for Mengniu Group, representing Mengniu Group's ESG management practices obtained the international and domestic authoritative recognition, having the ability to lead the sustainable development of China's dairy industry and green transformation. Mengniu Group carried out a series of activities aiming at “World Quality, Consumers Witness it” for “World Consumer Rights Day”. It also carried out some interactive activities, for example. online live broadcast of the president's kitchen, short video competition, and factory Open Day and et. The 5th Consumer Goods Forum (CGF) for China Day, a series of events was held in Shanghai. He shared his insights and practices on promoting high-quality development in the industry. Four products from Mengniu were included in the “Golden Design Rules Case Collection”, which was released at the 3rd China Health and Sustainability Collaboration Conference of the Consumer Goods Forum (CGF), setting a pioneering example in carbon reduction and eco-friendly packaging. 1% year-on-year, and an operating profit of 5. The 14th Annual Meeting of the New Champions of the World Economic Forum (Summer Davos Forum) kicked off in Tianjin. President and executive director Minfang Lu attended the opening ceremony and several forum sessions. The World Intellectual Property Organization announced the winners list for the 24th China Patent Awards. : ZL201910590646. 2). The two parties will collaborate in product innovation, digital and intelligent supply chain management, ESG (Environmental, Social, and Governance) initiatives and other sections. The conference announced the establishment of the Mengniu Global Expert Think Tank. More than 100 experts from various fields including dairy processing, nutrition, and health, including over 10 academicians, officially joined the think tank. Prior to this, the factory had already received the PAS2060 Carbon Neutrality Certificate from TÜV Rheinland and the Carbon Neutrality Certificate from the China Guangzhou Carbon Emission Rights Trading Center. Mengniu Group's first virtual digital employee, Naisi, made its official debut, being hailed as the "First Virtual Anchor of the Chinese Dairy Industry" and the "First E-commerce Virtual Anchor of the mextaverse Nomadic Ethnic Group. The 2022 FIFA World Cup was held in Qatar from November to December, during this period, Mengniu, as a global official sponsor of the tournament, showcased its numerous products on the world stage. Mengniu also led 11 young Chinese football plaxyers and representatives of traditional Chinese football culture, Cuju, to Qatar, promoting cultural exchanges and mutual learning. With Mengniu's two ambassadors, Messi and Mbappé, meeting in the final, they captured the hearts of millions of fans. The "Building an ESG Ecosystem, Promoting Sustainable Development—ESG China Forum 2022 Winter Summit" released the "Central State-Owned Enterprises Listed Companies ESG Blue Book (2022)" and the "Central SOEs ESG Pioneer 50 Index. They unveiled two domestically developed strains, "2016 Guoren No. 1" and "2016 Guoren No. " These probiotic strains, which were cultivated in space, are the first two strains in China to beremained in space for over a month, setting a new benchmark for innovation in the integration of the aerospace and food industries. Considering Mengniu's outstanding performance in promoting ethnic unity, the Publicity Department, the United Front Work Department, and the Ethnic Affairs Commission of Inner Mongolia kointly awarded Mengniu with "the Eighth Batch of Autonomous Region Ethnic Unity and Progress Demonstration Enterprises" when the mutual learning activities for the promotion of ethnic unity and progress was organized by the Ethnic Affairs Commission of the Inner Mongolia Autonomous Region. The two parties will give full play to their advantages, conduct in-depth cooperation in building competition brands, offering public welfare and other aspects, jointly promote the “integration of sports and education”, and comprehensively promote the development of China youth football. The launching ceremony of the 2022 “Hope Project • Mengniu World Cup Youth Football Charity Tour”, theming at “China Strong, Youth make Future”, was held in Beijing. The project will select 400 “youth footballers” from 9-16 years old students and drive them to participate in a 10-day “Mengniu FIFA Elite Summer Camp Training”. Tthe Consumer Goods Forum (CGF) held its Global Board of Directors meeting in Dublin, Ireland. On June 15th, the “2022 Top 100 Most Valuable Global Brands” list was officially released. Mengniu valued 9. 726 billion US dollars in 2022, an increase of 15% compared to the previous year, ranking first in the growth rate among Chinese dairy companies. Mengniu Group and Maotai Group held the Maotai Ice Cream Launching Event in Guiyang City. This collaboration marks a new venture in cross-border marketing for both companies. Mengniu’s brand ambassador Gu Ailing clinched 2 gold medals and 1 silver on the Beijing Winter Olympics, becoming a double champion. Gu Ailing emerged as a new inspirational idol for the public. The “Ice and Snow Miracle” relations between Gu and Mengniu, representing mutual support and achievements, was widely discussed across the internet. The Chinese women’s football team staged a comeback against all odds and bravely won the Asian Cup championship, reclaiming the top spot in Asia after 16 years. This gesture garnered widespread attention and praise from netizens, making it a trending topic across various social media platforms. Alongside strategic long-term partnerships with domestic and international top cultural and sports brands, such as the China Aerospace Foundation, the Chinese Football Association National Team, the Chinese Super League, Shanghai Disney Resort, and Beijing Universal Resort, Mengniu achieved a "Grand Slam" of top brand IPs. Mengniu became the controlling shareholder of Miaoke Lando by increasing its stake to 28. 46% through a private placement. 05 billion ordinary shares of China Shengmu, increasing its stake of Shengmu from 17. 51% to around 29. 99% of the total issued share capital. Multiple earthquakes ranging from magnitude 2. 8 to 6. 4 struck Yangbi County in Dali, Yunnan province, besides, in the early hours of May 22, a 7. 4 magnitude earthquake occurred in Maduo County, Golog Tibetan Autonomous Prefecture, Qinghai Province. As soon as they get the message of earthquake, Mengniu Group activated emergency response mechanism, leveraging its extensive experience in emergency rescue and logistics. The Inner Mongolia Autonomous Region held a mobilization meeting in Baotou to promote the construction of major projects for high-quality development. China Dairy Industrial Park project, one of the major projects, announced its groundbreaking, meanwhile, the first phase of the industrial park has three factories, all constructed under the guidance of "5G Smart Model Factory" standards, for producing low-temperature dairy products, fresh milk, and cheese, making it the largest comprehensive low-temperature dairy project in China. The State Council Leading Group Office of Poverty Alleviation and Development released the "2020 List of Corporate Precision Poverty Alleviation Cases". Mengniu Dairy released the “Belt and Road Initiative Overseas Responsibility Report”, which is the first overseas responsibility report issued by a China’s dairy company, at the centralized release ceremony for central enterprises' social responsibility reports hosted by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC),. The Executive Committee of the World Economic Forum's Consumer Goods Platform convened a meeting, announcing that Lu Minfang, president of Mengniu Group, has been appointed as an official member for a two-year term, and he is the first Chinese member of this organization. The committee, currently comprising five members, is the highest-level working group in consumer goods sector of the World Economic Forum. 8 million boxes of student milk to over 500 schools in 24 provinces, municipalities, and autonomous regions nationwide, benefiting more than 700,000 students. Mengniu Group and the China Charity Federation officially launched the nationwide "Mengniu Aid Hubei Healthcare Workers Milk Card Donation" initiative, sending 42,600 specially customized Deluxe Milk Cards to healthcare workers aiding Hubei province across the country. This marks another charitable effort by Mengniu following several donations to support the fight against the COVID-19 pandemic. Group decided to further allocate 3 billion yuan, in addition to the supportive policies such as reducing interest rates and deferring payments, to minimize the adverse impact of the epidemic on the dairy industry. From March to May, Mengniu payed in advance for milk purchases, solving dairy farmers’ cash flow problems, thereby alleviating their operational pressures to the greatest extent. 1 Hospital. Lu Minfang gave "Chinese wisdom" on a worldwide concerned topic, that is how to shape the consumption future to meet consumer expectations and create business sustainable development models as well. Lusyse Tiawati Rustam, director and general manager of China-Indonesia Economic and Trade Cooperation Zone Co. , to construct a dairy factory in Indonesia for the further collaboration between the two parties. Mengniu Group achieved its first international patent, "Method to detect A1 β-casein and A2 β-casein in bovine milk" developed by the Research and Innovation Department, from Australian Patent Office, marking the recognition of the company's core technology on an international level. During this period, the World Economic Forum 2019 Annual Meeting, theming “Globalization 4. 0: Shaping a New Global Architecture in the Age of the Fourth Industrial Revolution” ,was held in Davos, Switzerland, attracting over 3,000 political, commercial, academical and public representatives from more than 100 countries. China Shengmu would integrate and restructure all downstream dairy production, sales companies, and Shengmu trademark rights, into a target company. Mengniu Group attended the signing ceremony for the strategic cooperation framework agreement in dairy trade sector, which was hosted by the Belarusian Ministry of Agriculture and Food at the Embassy of Belarus in China. Additionally, Mengniu Group signed a letter of intent for strategic cooperation on testing and certification services with the Chinese Academy of Inspection and Quarantine (CAIQ). The two parties will strengthen their collaboration in various sections, covering inspection and testing, HACCP (Hazard Analysis and Critical Control Point) certification, "Three Same" (same production line, same standard, same quality) certification, and laboratory technology. The licensing ceremony for the exclusive ranch of Milk Deluxe New Zealand was held at the Mengniu Yashili factory in Auckland. 1 in both brand value list, and the brand contribution in food and dairy sectors list affiliated to "2017 Top 100 Most Valuable Chinese Brands" list. 023 billion (approximately 34. Mengniu Group’s president Lu Minfang had an in-depth discussion with NBA Commissioner Adam Silver. The two reviewed and summarized the remarkable achievements of their ten-year partnership and clearly stated that they would continue to engage in deep cooperation across multiple fields, providing comprehensive support for consumers' nutrition and health in the future. Mengniu and Greatview Aseptic Packaging announced the launch of the "Traceable+" project, making Mengniu to be the ever-first dairy firm to adopt the application of one-package-one-code technology for accurate tracing. Helinger Country in Inner Mongolia was listed as a national-level dairy export zone in “2015 national-level demonstration zones for the quality and safety of exported food and agricultural products” announcement (No. Mengniu's Selected Pasture Pure Milk won the World Dairy Innovation Award for Best Innovation in Commercial Branding at the 9th Global Dairy Congress in the Netherlands. This award was granted for its innovative communication methods, including cloud technology and a QR code traceability system, allowing consumers to view real-time footage of the pasture through cloud-based platforms. released the second Corporate Social Responsibility (CSR) Report (2008-2013). Mengniu was awarded the "China Enterprise Integrity List • Integrity Brand Award" for the Third China Enterprise Integrity List. 15 Online Quality and Safety Survey" by People's Daily Food Channel. Mengniu Group announced that it would donate ten million yuan to dig wells, “Mengniu Charity Wells”, to address the water supply issues for the local. This was Mengniu’s another significant contribution to solve water source problems, followed by the initiative to build "Mother Water Cellars" in Inner Mongolia in 2009. This marks the first Mengniu product approved by the National Medical Products Administration for its health functions and ultimately granted the "Health Logo. At the beginning, Mengniu only had 1 million yuan registered capital, ranking NO. 1116 among all the national dairy firms. The factory was put into operation in November 2018, mainly producing yogurt, yogurt beverage, fermented milk beverage, milk beverage, milk flavored beverage, solid beverage and other categories. The sterilized lactic acid bacteria milk beverage products sell well in more than ten countries and regions in Southeast Asia, and are exported to countries in the Middle East region, Australia and New Zealand. Yashily’s Factory was built in Waikato in New Zealand in 2013, and officially put into use at the end of 2015. The factory has an annual production capacity of 52,000 tons of base powder and 25,000 tons of finished milk powder. Yashily’s Factory gives full play to the resource advantages of the global quality milk source center relying on advanced production technology and lean automatic control system to create high-quality products. Every can of infant formula has passed the tests of China and New Zealand quality inspection agencies, meeting the quality standards of both countries. Bellamy is committed to creating high-quality, nutrition-balanced and exquisite organic infant formula and complementary foods, delivering pure products for babies. Bellamy’s Organic Australia products are certified by both NASAA (the National Association for Sustainable Agriculture, Australia) and ACO. Every year, inspectors visit ranches, growing bases and production plants every one to three months for the organic certification inspections. Adhering to the principle of fresh and high quality in selecting raw materials, Bellamy is committed to provide integrity, high quality and safety products. Founded in Singapore in March 2015, Aice is one of the largest ice cream brands in Southeast Asia. It was certificated as the top halal Class A from 2015 to 2023, and the top brand enterprise of Indonesia from 2019 to 2023. Burra Foods is located in Australia’s premier Eastern Victoria dairy region. Barra Foods has focused on the precise processing and production standards, as well as the production of premium raw dairy materials for more than 30 years, making itself to be the representative of high-quality and innnovation in the international market