China Mengniu Dairy Co., Ltd. (“the Company”; stock code: 2319) and its subsidiaries (collectively, the “Group” or “Mengniu”) mainly produce and sell high-quality dairy products in China. With its main brand Mengniu, Mengniu has become one of the leading producers of dairy products in China. Mengniu offers a diverse range of products, including liquid milk, ice cream, milk powder and cheese products. Mengniu ranked 8th in the 2023 “Global Top 20 Dairy Industry” published by Rabobank. As of December 31, 2023, the Group's annual production capacity of dairy products reached 14.04 million tons. In March 2014, Mengniu was included as a constituent stock of the Hang Seng Index, becoming the first blue chip stock of a Chinese dairy company. In 2023, Mengniu's MSCI ESG rating jumped to AA, becoming the only comprehensive dairy company in China to obtain an AA rating, and was selected in the Hang Seng Sustainable Development Enterprise Index, the Hang Seng Mainland and Hong Kong Sustainable Development Enterprise Index, and the Hang Seng Sustainability Enterprise Benchmark Index and Hang Seng Index ESG Enhanced Select Index.
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