Inner Mongolia Yili Group Suspends Trading it Shares After a Large Purchase by a Beijing-based Insurance Company

Sunshine Insurance Group, one of the country’s leading insurers, had denied speculation it is planning a takeover of Inner Mongolia Yili Industrial, China’s largest dairy firm, after increasing its stake in the business…Full Article: South China Morning Post Sept 2016 Key Point As a result of the purchase, Inner Mongolia’s largest shareholders include Hohhot Investment

Inner Mongolia’s Dairy, Yili Group, to Partner with American Universities and Other Institutions

The SINO-U.S. Food Wisdom Valley was established in Seattle, U.S.A. on Wednesday [23 September 2015] by China’s Yili Group and the U.S. collaborative partners. Based in north China’s Inner Mongolia Autonomous Region, the group is the biggest dairy producer in Asia, reaching out to Europe, America, and Oceania. According to sources, the SINO-U.S. Food Wisdom

Inner Mongolia’s Dairy Giant, Yili Group, Reports US$677 Million in Profits for 2014

Top Chinese dairy company Yili Group reported 30-percent net profit growth in 2014 on Saturday [25 April 2015]. The Shanghai-listed company raked in combined net profits of 4.1 billion yuan (677 million U.S. dollars), according to its annual report. Statistics from China General Chamber of Commerce showed that last year the Inner Mongolia-based company beat

Inner Mongolia’s Yili Dairy to Invest US$489 million in New Zealand

Inner Mongolia Yili Industrial Group Co Ltd, the Chinese dairy giant, announced on Friday [21 November 2014] its plans to invest in four dairy projects in New Zealand for a combined 3 billion yuan ($489 million) to build the world’s largest dairy base. The project’s scope will range from raw milk processing, UHT (ultrahigh temperature

Inner Mongolia’s Dairy, Yili Group, Inaugurates R&D Center in the Netherlands

Yili group has unveiled a dairy research and development facility at Wageningen University [Netherlands]. The centre is the first Chinese R&D unit in Europe and will focus on cow cultivation, dairy product research and food safety. Company President Pan Gang said that Europe will become the most important part of the company’s research base…Full Article: