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About Mengniu and Yili.
Let's talk about Mengniu's entrepreneurial process and his head Niu Gensheng's resume:

1978 became a dairy worker in Daheihe Milk Factory in Hohhot.

1983 Director of Inner Mongolia Yili Group (formerly Hohhot Huimin Milk Food Factory)

1992 served as vice president of production and operation of Inner Mongolia Yili Group.

At the end of 0998, 65438 was removed from the post of vice president of production and operation by Inner Mongolia Yili Group.

1999 Inner Mongolia Mengniu Dairy (Group) Co., Ltd. was established as the chairman and president.

In addition, talk about listed companies.

In June 2002, Morgan Stanley registered the china dairy (hereinafter referred to as "Cayman Company") in the Cayman Islands. In September, 2002, Mengniu's promoters registered and established Jinniu (BVI) Company in the British Virgin Islands. On the same day, Mengniu's investors, business contacts and employees registered and established the Silver Bull (BVI). Jinniu and Yinniu each bought 50% shares of Cayman Islands Company for US$ 65,438+0, and Mauritius Company, a wholly-owned subsidiary of Cayman Company, was established immediately. In June 5438+ 10 of the same year, Morgan Stanley and other three international investment institutions injected about 25.97 million US dollars (equivalent to about 265.438 billion yuan) into the Cayman Company by subscribing for shares, and obtained 90.6% of the shares and 49% of the voting rights of the company. The money was eventually exchanged for 66.7% equity of Mengniu Dairy in Chinese mainland through Mauritian Company. In 2004, China Mengniu Dairy Co., Ltd. was listed in Hongkong.

So it can be seen that

1 The founding team of Mengniu is basically the backbone of the original Yili.

2. Mengniu Dairy Group is headquartered in Lesheng Economic Park, Helinger County, Hohhot, the core area of China.

3. Overseas registration is only a requirement for financing and listing, and the main operator is Chinese people.

So Mengniu is of course a joint-stock company and a national enterprise!

Tell me more about Yili.

1February, 99318th, with the approval of Hohhot Economic Restructuring Committee, Hohhot Huimin Dairy Food General Factory was reformed into a shareholding system and established Inner Mongolia Yili Industrial Co., Ltd..

1996 March 12, Yili shares were listed and traded on the Shanghai Stock Exchange. Accordingly, Yili should be a state-owned holding company and a state-owned enterprise.