Yili shares plan to raise 13 billion yuan to increase five major projects including mineral water

Original title: Yili shares plan to raise 13 billion yuan to increase five major projects including mineral water

June 4,Yili sharesThe fixed increase plan is released, and it is planned to raise no more than 13 billion yuan for liquid milk production base construction projects, 5G+ industrial Internet infant formula intelligent manufacturing demonstration projects,Changbai MountainNatural mineral water project, digital transformation and informatization upgrade project, dairy industry innovation base project, etc.

　　Yili sharesIt is stated in the “Fixed Growth Plan” that the company has entered a new stage of development. In addition to continuously deepening the “moat” in traditional capabilities such as production, supply and marketing, it also regards “innovation across the industry chain” as the core strategy for future development. In recent years, the company’s key product sales revenue has grown rapidly, and the company needs to maintain capital expenditures every year and expand production capacity to meet the rapidly growing market demand. The company plans to select a number of regions with rich raw milk resources and concentrated large-scale pastures across the country, and use non-public issuance to raise funds to build dairy production bases that meet the standards of green production and intelligent manufacturing.

It is worth noting that the newly-built production capacity of the fundraising project will be more used to produce high-growth potential and high-value-added categories such as high-end liquid milk, high-end room temperature yogurt, infant formula milk powder, and health drinks to enhance profitability.

The Frost & Sullivan report shows that the retail sales value of high-end liquid milk is expected to increase from 150.3 billion yuan in 2020 to 302.7 billion yuan in 2025, a compound annual growth rate of 15%. Other statistics show that the scale of my country’s mineral water market has continued to expand in recent years, with an average annual compound growth rate of 16%. Milk powder is currently one of Yili’s fastest-growing businesses, with revenue of 12.885 billion yuan in 2020, a year-on-year increase of 28.15%.

Through this fundraising project, Yili will use Hohhot, Lindian, Wuzhong, Hulunbeier and Xing’an League to build new liquid milk production bases to further improve the production capacity layout and optimize the company’s product structure; promote the company’s milk powder business to a high-end and differentiated direction Development to fully meet consumer needs; in order to achieve the mid- and long-term strategic goals, this fundraising investment plans to invest inChangbai MountainThe natural mineral water project provides a strategic guarantee for the company to develop its natural mineral water business; through the construction of a digital system that runs through all business links, it can realize rapid perception and rapid response to consumer needs, help the company’s business operation efficiency continue to optimize, and create core competition force.

(Article Source:shellFinance)

(Editor in charge: DF052)