China Modern Dairy Holdings Ltd

Company Summary

China Modern Dairy is the largest dairy farming company and the largest raw milk producer in China. It is primarily engaged in two business segments: (a) dairy farming, which is 70% of its business; and (b) liquid milk products under its own brands. Modern Dairy is a long-term partner of Mengniu and is its largest raw milk supplier. In 2017, Mengniu announced the acquisition of additional shares of China Modern Dairy - Mengniu and its concert party own 56% of the company's issued share capital.