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Yili Group
伊利集团
Type State-owned enterprise
Founded 1993
Headquarters People's Republic of China Hohhot, Inner Mongolia, China
Key people Chairman: Mr. Pan Gang
Industry Dairy
Products Dairy products
Website http://www.yili.com/

Yili Group (Chinese: 伊利集团pinyin: Yīlì Jítuán; full name Inner Mongolia Yili Industrial Group Company Limited;SSE: 600887) is a privately-owned company of dairy industry in China. It is engaged in processing and manufacturing of milk products, including ice-cream, milk powder, milk tea powder, sterilized milk and fresh milk under "Yili" brand. It is headquartered in Hohhot, Inner Mongolia. [1][2] Its main competitor in China is Mengniu.

The company was an official sponsor of the 2008 Beijing Olympics.

2008 Chinese milk scandal

Yili is implicated in the baby milk scandal after tests found its infant formula contained melamine. Yili recalled tainted milk powders and apologised to the public.[3] Shares in other listed dairy companies fell strongly the next day.[4] On discovery that their liquid milk was also contaminated, Yili was stripped of its status as a 'Chinese national brand'.[5]

Hong Kong and Singapore authorities ordered a recall of Yili products after 8 out of 30 tested positive for melamine.[6] Mengniu, whose product tested negative in Hong Kong government tests, and Yili liquid milk was immediately de-listed by supermarket chains after tests showed that contaminated samples had been found on the mainland.[7]

A one litre tetra pack of Yili milk.

As of 18 September 2008, no one is believed to have been made ill because of the tainted yoghurt.[8] However, Hong Kong doctors found a stone in the left kidney of a three-year-old girl who had been drinking the contaminated Yili milk for 15 months.[9]

References

  1. ^ Background of Inner Mongolia Yili Industrial Group Co., Ltd.
  2. ^ Profile of Inner Mongolia Yili Industrial Group Company Limited
  3. ^ Lee Spears, "China Revokes `Inspection-Free' Right as Milk Scandal Spreads", Bloomberg (18 September 2008)
  4. ^ Reuters, "Investors dump financials and dairy producers", South China Morning Post (18 September 2008)
  5. ^ Yili, Mengniu, Bright Dairy lose their status as 'national brands', China Central Television (22 September 2008)
  6. ^ Hong Kong recalls dairy products", BBC News (18 September 2008)
  7. ^ Paggie Leung & Mary Ann Benitez, "HK store chains strip shelves of Mengniu goods", Page A2, South China Morning Post (20 September 2008)
  8. ^ http://news.bbc.co.uk/2/hi/asia-pacific/7623037.stm
  9. ^ Lee Spears and Wendy Leung, China Milk Scandal Spreads; Hong Kong Girl Sickened (Update2) Bloomberg, (21 September 2008)

External links

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