Country for PR: China
Contributor: Xinhua News Agency
Tuesday, December 22 2020 - 19:22
AsiaNet
Champion across six dairy sectors, Yili gathered with its global partners to celebrate an extraordinary year
BEIJING, Dec. 22, 2020 /Xinhua-AsiaNet/--

The Yili Top Partners Conference 2021 was held in grand style from 8 to 12 
December, 2020 in Sanya, Hainan. During the conference, Yili's global business 
partners shared their outstanding performances for 2020 as well as their 
visions for 2021.

The year 2020 witnessed Yili's lead in as many as six dairy sectors. According 
to Nielsen and Kantar market analyses, Yili's liquid milk (raw milk) business 
unit continued to top the industry; its ice cream business unit took the number 
one position for the 28th consecutive year in terms of output and sales; milk 
powder business unit Xinhuo, yogurt business unit Changqing, and healthy drinks 
business unit Fairly Spry100% all maintained their number one positions within 
their respective product category; and Yili's cheese business unit drastically 
improved its performance.

Reflecting the outstanding performance of each business unit and despite a 
general downward trend, Yili grew steadily in the first three quarters and 
generated RMB 73.77 billion in revenue.

2020: Remarkable growth despite downward market trend, the brand new Global Top 
5 Dairy Producer

In the context of a grim economic downturn in 2020, Yili worked closely with 
its partners and endeavored to identify new opportunities for further business 
expansion and new growth points, which resulted in commendable achievements.

While the overall market displayed a downward trend, Yili's liquid milk (raw 
milk) business unit achieved increases in both its market share and sales 
revenue. It maintained the largest market share for seven consecutive years and 
guaranteed the highest brand penetration rate for the sixth year in a row.

Yili's ice cream business unit, which has launched over 1000 product 
categories, led the industry in terms of output and sales. Chocliz continued to 
be the best-known ice cream brand in China and seized the largest market share 
and guaranteed the highest market penetration rate. In addition, Gemice stood 
out among numerous high-end ice cream brands in China.

Jinlingguan, Yili's milk powder business unit, became one of the top brands in 
the sector and enjoyed a much faster growth rate than the industry average. The 
Seine Mouiller series, which sits under the Jinlingguan brand, even doubled its 
year-on-year growth. The business unit maintained its largest share in the milk 
powder market for adult and senior consumers, continuing to enhancing brand 
awareness.

By accelerating innovation, Yili's yogurt business unit maintained its greatest 
brand strength in the low-temperature yogurt sector for the fifth consecutive 
year with its Changqing products. With leading innovation, the Meiyitian series 
created a new benchmark in the industry and seized the largest market share.

Yili's cheese business unit, harnessing on its accurate insights and positive 
innovations, greatly improved its performance in 2020, maintaining an 
industry-leading growth in child and adult cheese product sales.

Yili's healthy drinks business unit continued to lead the market and maintained 
its leading brand power for the fourth consecutive year with its Changyi 
products. Yiran Milk Minerals enriched its product categories and inikin 
achieved new growth points in its new businesses.

All Yili business units built strong growth momentum, which laid a solid 
foundation for the rapid improvement of Yili's overall performance. Yili's core 
performance indicators continued to lead the Asian dairy industry, and 
translated into improved brand power. Yili climbed to the top five position in 
the Rabobank 2020 Global Dairy Report, ranked number one in the Asian dairy 
industry for the seventh consecutive year, topped the "Top 10 Most Valuable 
Dairy Brands" list published by Brand Finance, and ranked first in the BrandZ 
"Top 100 Most Valuable Chinese Brands" list for the eighth consecutive year.

2021: Joining hands with global partners for a health dairy ecosystem

Over the years, Yili has always adhered to the principle of mutual benefits and 
gains. Simultaneously, it has actively promoted deeper cooperation throughout 
the global health industry chain for the creation of a health industry 
ecosystem. 

As of 31 October 2020, Yili had invested RMB 63.612 billion in financing 6,987 
upstream and downstream partners in the industry chain. Over the next five 
years, Yili will invest another RMB 30 billion to support upstream players in 
the dairy industry and promote the development of the entire industry chain, 
thus empowering the global dairy industry.

Today, Yili's partners come from 33 countries across five continents and form 
the core forces in the construction of a "global health ecosystem". 
Consistently putting quality first, Yili will continue to work with its 
partners at home and abroad to seek further innovations in the categories such 
as liquid milk (raw milk), milk powder, ice cream, yogurt and cheese to provide 
consumers with better products and services.

Source: Yili Group

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   Caption: Yili Top Partners Conference

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