Annual Report

The report presents Mengniu's 2019 consolidated revenue of RMB79,029.9 million, up 14.6%, and highlights the completed Bellamy acquisition while the LDD acquisition remained pending. It describes a Board-led sustainable development management system and donations reaching 52,768 students in 186 schools. The Group reported 37,894 employees at year-end and continued training, digital HR and talent development initiatives.