Original title: Yili shares raised no more than 13 billion yuan, and continued investment to hit the world‘s number one dairy industry
Summary
[Yili shares continue to invest no more than 13 billion yuan in raising funds to hit the world‘s dairy industry first]On June 4, Yili shares announced the “Preplan for 2021 Non-public Issuance of A Shares” and plans to raise no more than 13 billion yuan. Based on the market value of Yili shares at the close of trading on June 4, it accounted for approximately 5.40%. Yili shares closed at 39.58 yuan per share on June 4, with a market value of 240.8 billion yuan. Specifically, the target of this non-public offering is no more than 35 specific targets. Based on the principles of marketization and fairness, the final target will be negotiated and determined by bidding, and the pricing base date is the first day of the non-public issuance period. (China-Singapore Jingwei)
June 4,Yili sharesRelease of the “2021 Non-public Issuance of A Shares Preplan”announcement, The proposed fund-raising will not exceed 13 billion yuan.ToYili sharesAt the close of trading on June 4, the market value accounted for approximately 5.40%.Yili sharesIt closed at 39.58 yuan per share on June 4, with a market value of 240.8 billion yuan.
Specifically, the target of this non-public offering is no more than 35 specific targets. Based on the principles of marketization and fairness, the final target will be negotiated and determined by bidding, and the pricing base date is the first day of the non-public issuance period.
The announcement shows that the funds raised this time will be mainly used for the construction of liquid milk production bases, the intelligent manufacturing of infant formula milk powder,Changbai MountainNatural mineral water, digital transformation and informatization upgrade projects.
Raising development funds through non-public issuance is one of the important ways for listed companies to grow bigger and stronger. Yili Co., Ltd. Secretary-General Qiu Xiangmin said, “This non-public issuance is a refinancing behavior of the company to raise funds from the market for long-term development considerations. It aims to improve the company’s production capacity layout, increase profitability, and at the same time enhance the company’s capital strength and optimize the capital structure. , To help the company achieve its mid- and long-term strategic goals at a more stable pace.”
Continuous investment to strengthen the advantages of liquid milk
At the Yili Group Leadership Summit at the end of 2020, Yili put forward a new strategic goal: to advance to the “Top Three in the Global Dairy Industry” by 2025, and to move steadily towards the “Number One in the Global Dairy Industry” in 2030.
It can be seen that the investment project of Yili Co., Ltd. is accumulating energy for the realization of medium and long-term strategic goals.
Among them, the liquid milk business is the cornerstone business of Yili Co., Ltd., contributing the company’s largest revenue and profit. According to Yili’s 2020 annual report, the company’s total revenue was 96.524 billion yuan, and liquid milk-related products realized revenue of 76.123 billion yuan.
Continuous investment in the strengthening of this business can effectively consolidate business advantages and bring good returns to Yili and investors. The newly-built capacity of the “liquid milk production base construction project” will be more used to produce high-end liquid milk, high-end room temperature yogurt and other high-growth potential and high-value-added products, thereby optimizing the company’s product structure and further enhancing the company’s profitability.
From an industrial point of view, the dairy industry runs through the primary, secondary and tertiary industries, and has the characteristics of a long industrial chain and a high degree of dispersion of upstream and downstream partners. Deep integration of dairy products companies with upstream and downstream is required.
Through this fundraising project, Yili shares can share and empower the innovation results to the upstream and downstream of the industrial chain, which is conducive to achieving close connection with consumers, suppliers and distributors, improving the operational efficiency of the entire industrial chain, and building long-term competition in the future barrier.
Favorable policy market refers to the number one dairy industry in the world
For Yili, the world‘s number one player, in addition to actively empowering the entire industry chain, relevant national policies and market development prospects present a favorable situation.
In March 2021, the national “14th Five-Year Plan” and the 2035 long-term goal were officially released, proposing to ensure the safety of dairy supply, vigorously develop modern and smart dairy industries, promote the digital transformation of the industry, strengthen dairy product safety supervision, and promote Shen market consumption and many other requirements.
Under the policy guidance, Yili has built nine modern dairy industry clusters represented by the “Yili Modern Wisdom and Health Valley” in Hohhot, Hulunbuir, Xing’an League, Bayannaoer, Tongliao, and Ulan Chabu in Inner Mongolia. The development model is brought to all parts of the country. In the future, industrial clusters will build a complete dairy industry chain around the three major elements of core factories, milk source bases, and supporting industries, driving the integration and innovation of regional economic resource elements, forming a sustainable cycle of industrial chains driven by the processing industry and mutual promotion of the farming industry Development model.
On the consumer side, with the improvement of people’s living standards, consumers have increased their purchasing power while paying more attention to a healthy lifestyle, and the consumption of dairy products has continued to increase. In particular, the impact of the new crown epidemic in 2020 has caused consumers to pay more attention to the nutrition and health of dairy products, improving immunity and other functions, and market demand has increased significantly.
According to data from China Dairy Association, my country’s milk production will reach 34.4 million tons in 2020, a year-on-year increase of 7.5%;NielsenZero research data shows that the retail sales of domestic organic dairy products, normal temperature milk, and low temperature milk segments have increased by 21.9%, 11.5%, and 21.7% respectively over the same period of the previous year.
At the same time, under the trend of consumption upgrading, consumers’ structural demand for high-end, differentiated, and functional dairy products is also increasing. With the continuous improvement of the quality of domestic brands in recent years and a more precise understanding of the needs of Chinese consumers, the new generation of consumers’ recognition of domestic products is constantly increasing. This provides a good opportunity for the development of domestic dairy brands. Yili has the favorable conditions to advance into the “Top 3 Global Dairy Industry” and become the “Number One in the Global Dairy Industry”.
(Source: Sino-Singapore Jingwei)
(Editor in charge: DF064)
Solemnly declare: The purpose of this information is to spread more information, and it has nothing to do with this stand.
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