Hello everyone, today I will share with you some knowledge points about Yili Group and analysis of whether it is a private enterprise or a state-owned enterprise. If you all understand it, you can ignore it. If you are not sure, you can ignore it. If so, you can read this article. I believe there is a high probability that it can solve your problem. Let’s take a look together next!
Contents of this article
- Is Yili Group a state-owned enterprise? Is Yili Group a state-owned enterprise
- Yili Dairy Development History
- Yili’s competitive advantages and disadvantages
- How many branches does Yili Group have across the country
- Who is the boss of Yili Group?
- Is Yili Group *** a private company or a state-owned enterprise
1. Is Yili Group a state-owned enterprise? Is Yili Group a state-owned enterprise?
It is not a state-owned enterprise, but a private enterprise. The companies of Yili Group are similar to other joint stock limited companies (listed). \”Other joint stock limited companies (listed)\” means that the company is not a state-owned enterprise, and state-owned enterprises are called \”joint stock limited companies (listed, state-controlled)\”. The industry is food manufacturing.
2. Development history of Yili Dairy
The establishment of a nursing home in Huhhot Hui Community District The Cattle Cooperative Group was renamed \”Hohhot Huimin District Cooperative Dairy Farm\” in 1958.
In February 1993, the Hohhot Hui Milk Food Processing Factory was restructured and the Yili Group was established through targeted fundraising. It was renamed \”Yili Group\” on June 14, 1993. Inner Mongolia Yili Industrial Co., Ltd.\”
On March 12, 1996, \”Yili Shares\” was listed on the Shanghai Stock Exchange.
Become a dazzling new star in the business development of Yili Group and radiate unlimited vitality.
With \”nourishing life and vitality\” as its new brand proposition, Yili Group is moving towards its vision of \”becoming a world-class health food group\” and advocating a healthy lifestyle. Leading the industry healthHealthy development.
3. Yili’s competitive advantages and disadvantages
1. Benefits Due to Yili\’s strong marketing and promotion (mainly from cooperation with the Olympic Games and large-scale variety shows), Yili has a distinct brand awareness among current consumers. When they see Yili\’s trademark, they will basically know that it is the largest brand in the country. Dairy products companies, and the quality evaluation of the company\’s products has gradually improved in recent years. According to the \”Top 20 Global Dairy Industry\” released by Rabobank in 2017, Yili Group continues to rank first in Asia\’s dairy industry, firmly ranks first in the global dairy industry, and has been shortlisted for the fourth consecutive time in the top ten of the global dairy industry, reflecting the company\’s leading position in Asia and even the world. Yili once again became the only Chinese dairy company selected in the 2018 list of the top 500 global brands launched by the famous British brand rating agency \”BrandFinance\”.
2. At present, Yili has developed more than 1,000 products of different types such as raw milk, yogurt, and milk powder according to different subdivisions. To sell these products (and future innovative new products) will inevitably require large-scale spending on marketing and cultivating consumers\’ consumption habits. This is a key factor affecting future corporate profits, and the gross profit margins between different products vary greatly. In the future, the company may be dragged down by some low-margin products. Therefore, we need to pay attention to the company\’s future actions and results in adjusting its product structure to evaluate whether the company\’s growth is healthy and sustainable.
3. There is no doubt that Yili’s development in the past ten years is inseparable from Pan Gang’s outstanding leadership, but the latter seems to be unable to focus due to health problems. Regarding the company\’s operating issues, he rarely appears in major important events, which is undoubtedly a big problem for Yili\’s future development. After all, a good ship needs a good captain to command it in order to sail farther.
4. How many branches does Yili Group have across the country
Among them , Hohhot: Jinshan Factory, Jinhai Factory; Daqing: Heilongjiang Factory, Dumeng Factory; Duolun: Duolun Factory;
Inner Mongolia Yili Industrial Group Co., Ltd. has been Providing consumers with healthy and nutritious dairy products, it is currently China\’s largest dairy company with the most complete product lines. It is also the only domestic company that meets both the Olympic and World Expo standards and has provided dairy products for the Olympic Games and World Expo. In 2015, Yili\’s annual revenue exceeded 60 billion yuan for the first time, with net profit of 4.654 billion yuan.Both continued to grow and ranked first in the industry. So far, Yili Group has settled in New Zealand, formed an alliance with Italian dairy giant Sgarda, and established the European R&D Center in the Netherlands, the highest-standard overseas R&D center in the Chinese dairy industry so far.
5. Who is the boss of Yili Group
Director of Yili Group Pan Gang, Chairman and President, Pan Gang, a member of the Communist Party of China, Chairman and President of Yili Industrial Group Co., Ltd., and EMBA of China Europe Business School.
6. Is Yili Group *** a private company or a state-owned enterprise
1. 2 Yili Group is a joint-stock enterprise invested and established by Inner Mongolia Yili Industrial Group Co., Ltd. It owns multiple brands, including Yili, Anmuxi, Zhenguoli, etc.
2.3 Yili Group operates in a market economy environment, and its business goal is to pursue commercial profits rather than government policy goals, so it can be classified as Private enterprise.
This is the end of sharing about Yili Group, I hope it can help you.
