Yili Remains the World's Most Valuable Dairy Brand in Brand Finance 2022 Report
PR97434
HUHHOT, China, Aug. 13, 2022 /PRNewswire=KYODO JBN/ --
On August 10, Brand Finance, the world's leading brand valuation and strategy
consultancy, issued its Food & Drink 2022 report, identifying the most valuable
and strongest brands in the food and beverage industries. Yili has been
recognized as the World's Most Valuable Dairy Brand, retaining its leading
position in the global dairy industry.
A company's brand is among the most valuable intangible assets it holds. While
the Covid-19 pandemic has posed major challenges for the global dairy market,
Yili still maintained strong growth of its brand value, increasing it by 10% to
$10.6 billion and extending its lead in the ranking. Such growth was attributed
to the company's robust business performance and social value.
Commercial value grows steadily
Yili's market capitalization has expanded 553 times since its listing in 1996,
from RMB 421 million ($62.5 million) to RMB 232.8 billion ($34.56 billion) in
2022. It has remained one of the world's top five dairy producers for three
consecutive years, with the annual revenue exceeding RMB 100 billion ($14.85
billion) last year. Over the years, Yili has maintained consistent business
growth, generating solid and appealing returns for investors. The company has
issued dividends 22 times totaling RMB 36.59 billion ($5.43 billion) since its
listing, making it a preferred target for A-share value investors.
Yili aims to empower industrial development by focusing on modern industry
clusters. The company has established several contemporary dairy industry
clusters in Inner Mongolia, Ningxia, Gansu, Heilongjiang, Henan, Shandong, and
Hebei, among other areas. The Yili Future Intelligence and Health Valley, known
as the "Dairy Silicon Valley," is home to the world's largest intelligent
production bases for liquid milk and infant formula, featuring the industry's
highest level of digitization and the most advanced technologies. The National
Center of Technology Innovation for Dairy (NCTID) and National Dairy Metrology
and Testing Center have also settled into the Valley.
Social value boosts sustainable development
Commercial and social value are inextricably linked. Yili has incorporated
sustainability into company strategies and has actively taken initiatives to
create social value. The company is at the forefront of energy conservation,
emission reduction, and other innovative carbon reduction practices. In
addition, Yili is working with its partners to create a more sustainable future
by carrying out initiatives in areas such as environmental protection,
biodiversity conservation, youth health, poverty alleviation, and disaster
relief.
In 2022, Yili has committed to achieving carbon neutrality across the entire
industry chain by 2050. It has also launched China's first net-zero carbon
dairy product series, including milk, yogurt, organic milk powder, and ice
cream. Yili follows a green, low-carbon, circular development path by
constructing smart green farms, promoting integrated farming, and carrying out
other initiatives. In terms of eco-friendly manufacturing, Yili's brand Satine
uses FSC-certified packaging on all of its goods. The brand is committed to
promoting green consumption and healthy lifestyles.
"Yili's insight into the effect of the COVID-19 pandemic through the promotion
of their brand's health benefits and the responsiveness of their supply chain
allows them to reach over 2 billion consumers worldwide, which has resulted in
a 23% increase in brand value since the beginning of the pandemic in 2020," the
Brand Finance report noted. Its consumer-focused technological and product
innovations also contribute to the brand's success and fuel the company's
growth. As the world's most valuable dairy brand, Yili endeavors to achieve
robust corporate growth and drive high-quality industrial development by
creating commercial and social value.
($1 is approximately equal to RMB 6.74)
SOURCE: Yili Group
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