Latest news with #YiliGroup
Otago Daily Times
11 hours ago
- Business
- Otago Daily Times
Dairy revenue up: Yili Group
Zhiqiang Li Upgrades to the Oceania Dairy plant in Glenavy have helped China-based parent company Yili Group boost New Zealand revenue growth, the company reports. Yili Group-owned dairy companies Westland Milk Products and Oceania Dairy this week posted combined unaudited revenue growth of 16% compared with the same period last year. Before tax profit growth for the first half of 2025 is 12% and Yili Group executive director Zhiqiang Li said profitability was expected to continue to climb for both companies well into 2026. "Production capacity of high-demand, high-value products across Westland's Hokitika and Rolleston sites and ODL's Glenavy facility have undergone significant investment to capitalise on surging global demand for high-quality dairy products," Mr Li said. Consumer butter production capacity at Hokitika has been boosted by 10,000tonnes, while increased skim-milk powder production capacity at Glenavy has also led to increased production of UHT Cream at Rolleston, with ODL cream now diverted to the Rolleston site. Mr Li said both Westland and ODL, which since 2024 have also operated under a co-operative external sales arrangement, are well positioned to build revenue growth off the back of increased production capacity. "Greater efficiencies and production capacity under this co-operative arrangement give us far more opportunities to optimise product mix and build on our high-value strategy," Mr Li said. "Profits for the individual companies in the meantime will go through a consolidation period; however, both total revenue and profit margins are expected to continue to show healthy growth," he said. — Allied Media
Yahoo
2 days ago
- Business
- Yahoo
Yili Wins Sixth Consecutive Thai FDA Quality Award, Strengthening Global Reputation for Excellence
BANGKOK, Aug. 15, 2025 /PRNewswire/ -- The Thai Food and Drug Administration (FDA) recently announced the winners of its 2025 Quality Award. Recognized for its outstanding quality management, exceptional product quality, and broad market acceptance, Yili Group's Thailand subsidiary once again received the award. It is also the only Chinese-funded company to receive it this year. This marks the sixth consecutive year, beginning in 2020, that Yili's Thailand subsidiary has received this honor. The award was presented by Thai Deputy Prime Minister and Minister of Public Health, Somsak Thepsuthin, and Thai FDA Deputy Secretary-General Lertchai Lertwut personally visited the booth of Cremo, a local ice cream brand owned by Yili, to commend the brand's achievements. This recognition is a testament not only to Yili's success in Thailand but also to the global leadership of Chinese companies in food quality. The Thai FDA Quality Award is one of the country's most prestigious awards in the food and drug sector, known for its exceptionally rigorous criteria. The judging process scrutinizes every aspect of a company's operations, including raw material traceability, standardized production, final product testing, quality control throughout distribution, and corporate social responsibility. This year, Yili's Thailand subsidiary particularly impressed the judging panel with its smart production management system, standardized facility signage, strict sanitation protocols, and industry-leading automation. The company also earned unanimous recognition from the judges for its stringent raw and auxiliary material controls, which exceed industry standards, and for its meticulous microbiological monitoring of every batch of semi-finished products. The strong commitment of Yili's Thailand subsidiary to safety, health, and taste has led to steady growth in its market share. Its strong performance, combined with its dedication to quality management, enabled the company to stand out among more than a thousand participating businesses. Currently, Yili's Thailand subsidiary produces 20,000 tons of ice cream annually, with sales growing at an average annual rate of over 13.7% over the past three years. Its brand, Cremo, is one of the fastest-growing ice cream brands in the Thai market, consistently ranking among the top three. The company also exports its products to 13 countries and regions, including Singapore, Malaysia, France, and Australia. Additionally, two of its new products received recognition at the 2025 World Dairy Innovation Awards, where Cremo Choco Crush Thai Tea was a finalist and Cremo Fruit Blast Grape was commended in the "Best Ice Cream" category. Winning the Thai FDA Quality Award for a sixth consecutive year is a strong international endorsement of Yili's global strategy and robust quality management. This achievement marks a major milestone for Chinese food companies on the world stage. Moving forward, Yili will extend its stringent quality standards to more global markets, realizing its vision of "World Integrally Sharing Health" through products that are safer, healthier, and of superior quality. View original content to download multimedia: SOURCE Yili Group Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Borneo Post
3 days ago
- Business
- Borneo Post
From Wageningen to Inner Mongolia: Dutch expert reflects on decade of innovation in China's dairy industry
A staff member works at the Innovation Center Europe of China's Yili Group at Wageningen University in Wageningen, the Netherlands on June 19, 2025. – Xinhua photo WAGENINGEN (Aug 14): For Dr Gerrit Smit, a Dutch food science veteran, a professional leap into the unknown became the defining journey of his career. After a decade at the helm of the Yili Innovation Center Europe, Smit recently stepped down from his leadership role, passing the baton to fellow Dutch scientist Dr Carolien Van Loo. But he's not going far, continuing as a senior expert to support the center he helped build from the ground up. Established in 2014 in the Dutch university town of Wageningen, the Yili Innovation Center Europe marked the first overseas R&D arm of China's dairy giant Yili Group. It was an ambitious step for a Chinese company eager to tap into Europe's leading food science ecosystem. For Smit, it was also the start of a personal and professional journey. Smit (right) works with a colleague at the Yili Innovation Center Europe at Wageningen University in Wageningen, the Netherlands on June 19, 2025. – Xinhua photo Building bridges, building science 'When I joined, nothing existed, not the team, not the lab, not even the strategy,' Smit told Xinhua in a recent interview. 'It was a challenge, but also an opportunity to build something truly international.' With a background in molecular microbiology and biochemistry, Smit had held senior roles at Unilever, Finnish dairy firm Valio, and the Netherlands' NIZO food research institute. He'd also worked in academia across Europe and the United States, including stints at Wageningen University, Leiden University, and the University of Tennessee. But joining a Chinese company was new territory, and so was acting as a cultural bridge between East and West. Under Smit's leadership, the center became a hub of Sino-European collaboration, producing tangible breakthroughs in dairy science. One of its most notable achievements: the development of next-generation infant formulas enriched with human milk oligosaccharides (HMOs) and probiotics. These formulations, created in partnership with Wageningen University and other research institutions, have garnered multiple patents. The center also spearheaded innovations in cheese tailored for the Chinese market, products that combine European craftsmanship with local tastes. 'To see a cheese made with European methods, enjoyed in Chinese households, is deeply rewarding,' Smit said. Beyond product development, the center has delved into areas like probiotics, food safety, and artificial intelligence, often in collaboration with top European research bodies. Staff members work at the Innovation Center Europe of China's Yili Group at Wageningen University in Wageningen, the Netherlands on June 19, 2025. – Xinhua photo Decade of growth and mutual recognition Smit's decade at Yili coincided with an era of accelerated cooperation between China and Europe in the dairy sector. He noted their natural complementarity: Europe offers deep scientific expertise and industrial heritage, while China brings market scale, speed, and an appetite for innovation. 'Eleven years ago, European experts knew little about Chinese dairy companies,' he said. 'Now, there's growing recognition of their innovation capabilities and global impact. At the same time, Chinese companies are helping reinvigorate parts of the European dairy ecosystem.' One of the center's contributions has been its scholarship and internship programmes, which have supported over 50 young researchers from across Europe, including Germany, France, Spain, and the Netherlands. 'We've become an incubator for the next generation of dairy scientists,' Smit said. He also witnessed Yili's remarkable ascent in the global dairy industry, from breaking into the world's top 10 in 2014 to entering the top five by 2020. Smit noted that, based on his past experience with companies, achieving an annual growth rate of 1 to 2 per cent is already considered impressive. 'But at Yili, I witnessed double-digit growth.' The rapid growth of Chinese companies like Yili doesn't just show up in terms of business results, it fueled a heightened need for innovation, he added. Smit was particularly moved by Yili's commitment during the Covid-19 pandemic. 'While many European firms paused investments, Yili built a state-of-the-art lab for us. That showed real long-term vision.' Undated file photo shows the intelligent and digitalised production line at Yili Modern Intelligent Health Valley in Tumd Left Banner in Hohhot, north China's Inner Mongolia Autonomous Region. – Xinhua photo Discovering China, one journey at a time Before joining Yili, Smit had never visited China. Over the past decade, he's traveled there up to six times a year, from Beijing and Shanghai to Hohhot in Inner Mongolia. Each visit brought new surprises, from bullet trains and smart dairy farms to sprawling cityscapes rising seemingly overnight. 'What struck me most was the speed of transformation,' he said. 'You'd visit a city, and a few months later it's almost unrecognisable.' One memory stands out: standing on the grasslands of Inner Mongolia, in front of a traditional yurt, surrounded by vibrant greenery. 'At that moment, I understood that the images in Yili's promotional videos weren't marketing. They were real,' he said. 'China isn't just modernising rapidly; it's doing so with deep respect for its environment.' Smit (centre) and his Chinese colleagues pose for a group photo at an Yili eco-smart pasture in Hohhot city, north China's Inner Mongolia Autonomous Region on April 26, 2023. – Xinhua photo From the labs of Wageningen to the steppes of Inner Mongolia, Smit's decade-long journey reflects more than just professional success. It's a story of cross-cultural collaboration, scientific discovery, and personal growth. For Smit, what began as a challenge evolved into a deeply rewarding chapter of life – bridging continents, cultures, and industries. 'This experience is one of the greatest gifts of my career,' he said. – Xinhua China dairy Dutch food Xinhua
Malaysian Reserve
4 days ago
- Business
- Malaysian Reserve
Joyday Ice Cream Won World Dairy International Award and Demonstrated Global Competitiveness with Peak-season Marketing Success in Indonesia
JAKARTA, Indonesia, Aug. 13, 2025 /PRNewswire/ — Joyday, an ice cream brand owned by Yili Group, enjoyed a successful summer in 2025. The brand not only won prestigious international awards but also achieved outstanding results with its peak-season marketing campaign in Indonesia. These accomplishments highlight its innovation and operational strength in global markets. Garnering Global Awards for Product Innovation Joyday earned international acclaim at the 2025 World Dairy Innovation Awards. Its Crunchy Choco Lava Ice Cream was awarded as the winner of 'Ice Cream/Frozen Yogurt' category. Joyday Crunchy Choco Lava Ice Cream seamlessly blends the distinct textures of five different types of chocolate, featuring a rich, molten chocolate lava core that delivers a delightfully surprising sensory experience. It successfully redefined the chocolate stick ice cream category in the Indonesian market with its breakthrough innovation of product structure. The other two Joyday products, Crunchy Vanilla Cookies and Vanilla Berry Sandwich, were also named finalists in the ice-cream category. Recognized as one of the most prestigious awards in the global dairy industry, the evaluation of World Dairy Innovation Awards was based on core criteria such as product innovation, market relevance, and quality consistency. Its recognition of Joyday underscores the brand's commitment to innovation and its deep understanding of consumer preferences worldwide. Boosting Popularity in Indonesia with Peak-season Marketing Campaign As a brand deeply committed to the Indonesian market, Joyday is dedicated to creating joyful moments for local consumers. These years, the brand launched exciting football-themed campaigns in partnership with Manchester City Football Club, Portugal National Football Team, Argentina National Football Team. The marketing campaign of this year was bundling consumer engagement with the ice-cream stick promotion. The consumers can participate the buy-win campaign by purchasing limited-edition football-packaged Joyday ice creams. The prizes ranged from an iPhone 15 to the grand prize of UK trip, including a visit to Manchester City F.C.'s home stadium. By tapping into Indonesians' passion for football and prize draws, the campaign has successfully delivered a memorable and interactive experience for consumers. Expanding Global Influence through Strategic Brand Building As a key part of Yili Group's international expansion strategy, Joyday has demonstrated a long-standing commitment to the global market. The brand has steadily increased its influence through a variety of marketing initiatives. Through collaborations with sports teams, partnerships with brand ambassadors, and on-campus events, Joyday has successfully fostered deep connections with local consumers and built strong brand recognition. Joyday has established extensive coverage across Indonesia's major retail channels. Consumers can easily find its products in a wide range of locations, including traditional stores, supermarkets, convenience stores, and restaurants. Having successfully solidified its market share in Southeast Asia, the brand is now accelerating its expansion into the Middle East. Joyday has already built a network of over 3,000 points of sale in Saudi Arabia, which enables the brand to sell more than 500,000 ice cream bars monthly in the local market. Looking ahead, fueled by Yili group's global network, Joyday is committed to more international markets by bring innovative products and joyful brand experience to the local consumers. As a leading Chinese dairy company and one of the top five players in the global dairy market, Yili Group is driven by innovation and committed to expanding its international presence. It offers a diverse portfolio of products, including liquid milk, milk powder, yogurt, and ice cream. Now operating in over 60 countries and regions, the company is dedicated to providing high-quality, healthy food and services to consumers worldwide. The international success of its Joyday brand, which has achieved significant overseas market penetration, vividly demonstrates Yili's vision of 'World Integrally Sharing Health' and highlights the Chinese dairy industry's commitment to delivering health value through superior products across the global supply chain.
Malaysian Reserve
17-07-2025
- Business
- Malaysian Reserve
Yili Representative Attends the 8th Australia-China CEO Roundtable Meeting
BEIJING, July 17, 2025 /PRNewswire/ — On July 15, the 8th Australia-China CEO Roundtable Meeting was held in Beijing. Liu Chunxi, Senior Executive President of Yili Group, participated and delivered a speech. Liu stated that Australia boasts high-quality agricultural and pastoral resources, along with extensive expertise in dairy cattle breeding, pasture management, and dairy product R&D and manufacturing. Meanwhile, China offers a stable and positive macroeconomic environment, a thriving health food consumption market, and leadership in digitalization and low-carbon technology applications. The two countries' industries are highly complementary, presenting broad prospects for cooperation. Deepening Presence in Australia Yili's collaboration with Australia began in 2016. By leveraging Australia's premium raw material resources and well-established industrial system, Yili has expanded its partnerships with Australian companies across areas including raw material sourcing, dairy farming, dairy technology R&D, and nutritional health products. To date, Yili's total investment and trade volume in Australia has exceeded RMB 3 billion, fostering mutually beneficial development in the China–Australia supply chain and industrial cooperation. In 2024, the ADP factory of Ausnutria, Yili's subsidiary in Australia, obtained a formula registration certificate, becoming the first Australian company granted approval for the full range of infant formula products. This milestone marks a significant breakthrough for Yili's operations in Australia and is expected to greatly enhance the global competitiveness of its infant formula offerings, offering superior quality assurance for maternal and infant health. Yili's Australian subsidiary, Nutrition Care, is a professional, pharmacy-grade nutrition brand. Its flagship product, NC Gastrointestinal Powder, has maintained the top position in China's adult gastrointestinal healthcare compound powder market for several consecutive years. Recently, its probiotic product, NC Seasonal Biotic, also achieved top-selling status among Australian probiotic brands for nasal health. Expanding Global Industrial Footprint In neighboring New Zealand, Yili's business continues to advance steadily. After more than a decade of continuous investment and development, the company's industrial presence in New Zealand now spans the entire value chain, including dairy sourcing, innovative R&D, manufacturing, and brand marketing. Yili operates six production bases and offers a diverse product portfolio ranging from liquid milk, milk powder, butter, cheese, cream, yogurt, lactoferrin, to bovine colostrum. Yili has established partnerships with over 400 local farms, establishing itself as the largest Chinese dairy investor in New Zealand in terms of both scale and scope of cooperation. This strategic layout not only strengthens Yili's position as a key player in the global supply chain but also injects new vitality into the dairy industry across the Australia–New Zealand region, successfully establishing a trans-Pacific dairy corridor. Looking ahead, Yili will continue to uphold an open and collaborative approach, further expanding its global market presence through technological innovation and global resource integration, with the aim of providing consumers worldwide with premium health food and promoting sustainable development across the industry.
