Group 1 - The company announced the resignation of Mr. Wang Xi as a non-executive director and member of the Strategic and Development Committee effective September 1, 2025 [1] - Mr. Zhang Ping will no longer serve as the Vice President and Chief Financial Officer of the company [1] - Mr. Shen Xinwen has been appointed as the Executive Director, member of the Strategic and Development Committee, Vice President, and Chief Financial Officer of the company [1]

Core Insights - Mengniu Dairy (02319) reported a mid-year revenue of RMB 41.5672 billion for 2025, representing a year-on-year decline of 6.9% while gross margin increased by 1.4 percentage points to 41.7% [1] - The company achieved an operating profit of RMB 3.5382 billion, with an operating profit margin rising by 1.5 percentage points to 8.5% [1] - Net profit attributable to equity shareholders was RMB 2.0455 billion, translating to earnings per share of RMB 0.523 [1] Group 1 - The company is focusing on high-quality development and advancing its "One Body, Two Wings" strategy, which aims to solidify its core dairy business while diversifying product categories [1] - Mengniu is accelerating the development of its "Two Wings" business, achieving key technological breakthroughs and commercialization in the nutrition and health sector, while international business revenue is growing rapidly [1] - The company is enhancing operational excellence through lean management, prudent expense control, and digital transformation, which has led to improved organizational efficiency and a steady increase in operating profit margin [1] Group 2 - The channel landscape is diversifying, with Mengniu optimizing and reconstructing its distribution model [2] - The company is enhancing both traditional and modern channel strategies while building an integrated online and offline omnichannel business model, expanding its reach in lower-tier markets [2] - Mengniu is focusing on digital transformation opportunities, aiming to improve channel efficiency, reduce supply chain costs, and enhance consumer services, thereby revitalizing the dairy industry chain [2]

格隆汇8月27日丨蒙牛乳业(02319.HK)公告，2025年上半年，由于原奶仍阶段性供给过剩，需求恢复不 及预期，乳制品行业供需矛盾仍存，集团实现收入人民币415.672亿元，同比下降6.9%；毛利率同比提 升1.4个百分点至41.7%。集团积极应对外部挑战，坚定推进「一体两翼」战略落地执行，加速渠道优化 和新业务发展，强化精细化运营和提质增效，全面推动高质量发展，实现经营利润人民币35.382亿元， 经营利润率同比提升1.5个百分点至8.5%。权益股东应占利润人民币20.455亿元。 ...

格隆汇8月27日丨蒙牛乳业(02319.HK)公告，自2025年9月1日起：(1)王希先生已辞任公司非执行董事及 公司战略及发展委员会成员；(2)张平先生不再担任公司副总裁及首席财务官；及(3)沈新文先生已获委 任为公司执行董事、战略及发展委员会成员、副总裁及首席财务官。 ...

Core Insights - Mengniu Dairy reported a revenue of RMB 41.5672 billion for the first half of 2025, representing a year-on-year decline of 6.9% while achieving a gross margin increase of 1.4 percentage points to 41.7% [1] - The operating profit reached RMB 3.5382 billion, with an operating profit margin improvement of 1.5 percentage points to 8.5% [1] - Net profit attributable to equity shareholders was RMB 2.0455 billion, translating to earnings per share of RMB 0.523 [1] Group 1: Business Strategy and Performance - The company continues to focus on high-quality development and is advancing its "One Body, Two Wings" strategy, reinforcing its core dairy business while diversifying its product categories [1] - Mengniu has made significant technological breakthroughs and commercial advancements in the nutrition and health sector, alongside rapid growth in international business revenue, enhancing its market presence [1] - Operationally, Mengniu is driving excellence through lean management, prudent expense control, and digital transformation, which has led to improved organizational efficiency and a steady increase in operating profit margin and free cash flow [1] Group 2: Market and Channel Development - The channel landscape is diversifying, with Mengniu accelerating the optimization and restructuring of its distribution models [2] - The company is enhancing its traditional and modern channel strategies while building an integrated online and offline omnichannel business model, expanding its reach in lower-tier markets [2] - Mengniu is collaborating with leading domestic and international brands to develop customized products and is focusing on high-growth channels such as tea and coffee, baked goods, and B-end business expansion [2] - The company is leveraging digital transformation opportunities to improve channel efficiency, reduce supply chain costs, and enhance consumer services, thereby revitalizing the dairy industry chain [2]

智通财经APP讯，蒙牛乳业(02319)发布公告，自2025年9月1日起：王希先生已辞任公司非执行董事及公 司战略及发展委员会成员;张平先生不再担任公司副总裁及首席财务官;沈新文先生已获委任为公司执行 董事、战略及发展委员会成员、副总裁及首席财务官。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 CHINA MENGNIU DAIRY COMPANY LIMITED 中國蒙牛乳業有限公司* （在開曼群島註冊成立之有限公司） （股份代號：2319） 非執行董事辭任 委任執行董事 首席財務官變更 及 董事委員會組成變更 董事會宣佈，自二零二五年九月一日起： 非執行董事辭任 中國蒙牛乳業有限公司（「本公司」，連同其子公司，統稱「本集團」）董事會（「董事 會」）謹此宣佈，王希先生（「王先生」）因工作安排，已辭任本公司非執行董事及本公 司戰略及發展委員會成員，自二零二五年九月一日起生效。 張平先生（「張先生」）因屆退休年齡，將不再擔任本公司副總裁及首席財務官（「首席 財務官」），自二零二五年九月一日起生效。 – 1 – (1) 王希先生已辭任本公司非執行董事及本公司戰略及發展委員會成員； (2) 張平先生不再擔任本公司副總裁及首席財務官；及 (3) 沈新文先生已獲委任為本公司執行董事、戰略及發展委員會成員 ...

中國蒙牛乳業有限公司* （在開曼群島註冊成立之有限公司） （股份代號：2319） 截至二零二五年六月三十日止六個月 中期業績公佈 摘要 * 僅供識別 香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份內容 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 CHINA MENGNIU DAIRY COMPANY LIMITED – 1 – • 二零二五年上半年，由於原奶仍階段性供給過剩，需求恢復不及預期，乳製品行 業供需矛盾仍存，本集團實現收入人民幣415.672億元，同比下降6.9%；毛利率同 比提升1.4個百分點至41.7%。 • 本集團積極應對外部挑戰，堅定推進「一體兩翼」戰略落地執行，加速渠道優化和 新業務發展，強化精細化運營和提質增效，全面推動高質量發展，實現經營利潤 人民幣35.382億元，經營利潤率同比提升1.5個百分點至8.5%。權益股東應佔利潤 人民幣20.455億元。 • 本集團積極擁抱消費者對基礎營養、高品質、多元化和精準營養的消費新需求， 上半年推出超百款新品，引領消費者「喝上奶」、「 ...

Group 1 - The top three brands in the latest consumer heat index are Mixue Ice City, Qingdao Beer, and Mengniu, with scores of 1.78, 1.66, and 1.64 respectively [1][2] - The consumer demand for summer beverages is characterized by a desire for refreshing and stimulating drinks while avoiding health guilt, prompting brands to innovate their products [3] - Qingdao Beer is promoting its "World Gold Award Quality" white beer, emphasizing floral and fruity flavors, and has engaged Yang Yang as a spokesperson to enhance its high-end image [3] Group 2 - Ice drink brands are focusing on flavor innovation, with He Lu Xue launching a new cheese flow product that combines sweet peach and rich cheese, appealing to adventurous consumers [3] - Dairy brands like Yili and Mengniu are increasing their presence in the ice cream market, highlighting quality ingredients and safe milk sources [3] - Fresh food brands such as Jia Pei and Zheng Da Food are performing well, with Zheng Da focusing on convenient semi-finished products that cater to busy consumers [4] Group 3 - High-net-worth consumers view specialty fresh foods as a status symbol, driving brands to invest in rare product categories [4] - Jia Pei has developed patented fruit varieties and premium packaging to attract health-conscious consumers, while Dole promotes its imported fruits in upscale retail channels [4] - The report aims to objectively present consumer trends through various indices, helping brands track market dynamics and enhance competitiveness [5]

Group 1 - The core idea of the article highlights the increasing popularity of industrial tourism, particularly in Hohhot, where visitors are engaging with modern manufacturing processes at facilities like Mengniu [2][5]. - The article notes that during the summer vacation, there has been a significant rise in interest in "industrial tours," allowing tourists to experience the unique charm of the manufacturing industry [2][5]. - Hohhot is actively exploring new models of industrial tourism, leveraging attractions such as the Mengniu Industrial Tourism Zone and Yili Smart Health Valley to drive high-quality development in the cultural and tourism industry [5]. Group 2 - Visitors from Shanghai are enjoying dairy products at the industrial tourism park, indicating a successful engagement with the local food production [7]. - The article emphasizes the immersive experience provided during the tours, which enhances visitor engagement and appreciation for the manufacturing sector [4].