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    Mengniu Dairy
    Dairy production

    Mengniu Dairy

    Hong Kong flagHong Kong
    Founded 1999-01-01 Hohhot CEO: Lu Xiangyang
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    About

    Founded in 1999 by Niu Gensheng in Hohhot, Inner Mongolia, Mengniu Dairy has grown from a local operation into one of China's largest food and beverage companies. The name translates to 'Mongolian Cow,' a nod to the region's deep history with dairy farming. The company supplies fresh milk, yogurt, cheese, ice cream, and infant formula to millions of households across the nation.

    While originally based in Hohhot, the brand operates globally with a significant market presence throughout China. It listed on the Hong Kong Stock Exchange under the ticker SEHK: 2319. In 2019, Rabobank ranked the company ninth among the top 20 global dairy producers. Mengniu competes directly with Yili Group, often trading places as the number one or two dairy manufacturer in the country.

    The company has made strategic moves to secure its supply chain, including a major acquisition of China Modern Dairy for HK$6.92 billion to gain control over the largest dairy herd in China. Its brand identity relies heavily on sports marketing, serving as a long-standing partner of the International Olympic Committee and securing a joint worldwide partnership through 2032.

    Products & Sub-brands

    Mengniu Pure MilkJin MengChina Modern DairyPlant-based beveragesFunctional drinks

    Frequently Asked Questions

    Who owns Mengniu Dairy?
    Mengniu Dairy is a publicly listed company on the Hong Kong Stock Exchange (SEHK: 2319). Founder Niu Gensheng previously held significant control before stepping down in 2024.
    Is Mengniu still in business and profitable?
    Yes, the company reported strong growth in the first half of 2026 with a 7.8% revenue increase, though it issued a profit warning in early 2025 due to asset impairment charges.
    What are Mengniu's main competitors?
    Its primary domestic rival is Yili Group, with whom it vies for the top spot in China's dairy market. Internationally, it competes with giants like Danone and Nestlé in specific segments.
    Does Mengniu own China Modern Dairy?
    Yes, Mengniu acquired a controlling stake in China Modern Dairy for HK$6.92 billion to secure a larger share of China's raw milk supply.
    Why did Mengniu face controversy in 2008?
    The brand was implicated in the 2008 melamine contamination scandal, which led to massive recalls and a severe crisis of confidence in the Chinese dairy industry.

    Keywords

    dairymilkChinaInner MongoliaYogurtIce CreamOlympic SponsorMelamine Scandal

    Sources

    Company Info

    Founded
    1999-01-01
    Founder
    Niu Gensheng
    CEO
    Lu Xiangyang
    Headquarters
    Hohhot
    Industry
    Dairy production
    Revenue
    44800000000
    Stock Ticker
    SEHK: 2319
    Global Rank (2019)
    9th
    Acquisition Cost (China Modern Dairy)
    HK$6.92 billion
    H1 2026 Revenue Growth
    7.8%
    IOC Partnership End Date
    2032

    Official Website

    www.mengniuir.com/en/disclaimer.aspx

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