Summary of Key Points Core Viewpoint - Mengniu Dairy has been actively repurchasing its shares, indicating a strategy to enhance shareholder value and confidence in its stock performance [2][3]. Share Buyback Details - On July 11, Mengniu Dairy repurchased 200,000 shares at a price range of HKD 16.260 to HKD 16.460, totaling HKD 3.2772 million [2]. - The stock closed at HKD 16.240 on the same day, reflecting a 2.01% increase, with a total trading volume of HKD 580 million [2]. - Since July 10, the company has conducted buybacks for two consecutive days, accumulating a total of 600,000 shares and a total expenditure of HKD 9.6366 million, with the stock rising 2.78% during this period [2]. Year-to-Date Buyback Activity - Year-to-date, Mengniu Dairy has executed 54 buybacks, acquiring a total of 12.102 million shares for a cumulative amount of HKD 21 million [3]. - The detailed buyback transactions include various dates, share quantities, and price ranges, showcasing a consistent approach to share repurchase throughout the year [3][4].

| 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2025.07.02 | 20.00 | 16.380 | 16.360 | 327.30 | | 2025.06.30 | 25.00 | 16.140 | 16.100 | 403.08 | | 2025.06.27 | 30.00 | 16.300 | 16.260 | 488.72 | | 2025.06.26 | 25.00 | 16.500 | 16.460 | 411.94 | | 2025.06.25 | 35.00 | 16.460 | 16.360 | 575.30 | | 2025.06.24 | 40.00 | 16.340 | 16.260 | 652.28 | | 2025.06.23 | 50.00 | 16.080 | 15.980 | 802.43 | | 2025.06.20 | 40.00 | 16.340 | 16.220 | 650.93 | | 2025.06.19 | 40.00 | 16. ...

5 June 2025 | 10:59PM HKT Mengniu Dairy (2319.HK): Consumer & Leisure Corporate Day: UHT milk demand softness persists; investing in channels for share gain We hosted Mengniu's IR team at our Consumer & Leisure Corporate Day on Jun 5. Key takeaways include: 1) Recent trends: Company noted still weak YTD demand trend for UHT liquid milk, with Apr/May trends tracking largely similar to 1Q25 without notable consumption sentiment uptick. YTD trends showing healthy growth in fresh milk/chilled yogurt and other c ...

蒙牛乳业 20250527 摘要 蒙牛乳业收入长期保持增长，虽受外部事件冲击，但新业务拓展有望实 现稳健增长。商誉减值计提曾导致利润波动，但公司现金流稳健，分红 坚挺，显示出较强的财务韧性。 总裁高飞上任后，对蒙牛进行改革调整，短期内渠道趋于平稳。预计调 整完成后，经营效能将提升，收入增速有望回补，经营效率也将提高， 2025 年有望实现双重改善。 中国乳制品行业销量增长平稳，受人口结构和原奶价格下跌影响，出现 量价双跌。原奶价格下跌顺利传导至终端售价，反映出原奶成本占比大 且品质同质化的特点。 液态奶是蒙牛的支柱业务，冰淇淋和奶酪业务是潜在增长点。中粮集团 的控股股东地位提供稳定支持，贝拉米、雅士利等业务单元以及海外布 局为未来增长奠定基础。 城乡消费差异和冷链物流发展为中国乳制品市场带来增长机会。农村居 民收入提升和南方地区西式饮食习惯普及可能驱动奶制品消费量增加。 Q&A 蒙牛乳业的基本情况及其在中国乳制品行业中的地位如何？ 蒙牛乳业是中国乳制品行业的双龙头之一，长期专注于液态奶产品。其主要产 品包括常温液态奶如特仑苏、纯真，以及低温鲜奶每日鲜语等。此外，蒙牛还 通过另一家上市公司妙可蓝多进行业务扩展， ...

好 各位投资者和分析师和媒体朋友们大家好欢迎大家参加猛龙2024年的月底发布会下面我主要的介绍一下20年的财务表现全年回收整体的实际的收入是886.7亿同比下降了4.1的百分点 其中这里面量的下降是下降了9综合价格下降了1那么24年原来的价格和消费的需求下降给这个行业尤其是这些投入企业还是带来了很大的去扩充和捧捧的压力那么其中二季度的时候压力应该是最为突出除非去年中期的时候也跟大家沟通过因为到了去年春节后公司也在主动的去调节整份发货的节制和发货量 调整渠道库存所以从现在来看我们整个二老市场上库存的压力仍然是非常小的虽然对销量的影响比较大但是我们可以看得到就是过去的上半年主动去调整了下半年的库存健康度是提升的整个的价格盘也好还是二老实物环境也好还是略有所改善 由于年内原奶价格的下降和整个品质结构的改善我们可以看得到毛利率从23年的37.2%提升到39.6%提升了2.4%那么经过利用率的同步的话去扩张的是190个基点增长到了8.2%那么8.2%应该是美国历史上最好的经验利用水平但是在这里面我要特点的话需要说的 这个数据的背后一方面是大家都能看得到的就是整个买家和需求快速下降给整个特殊的中心带来的影响那么另外一个方 ...

China Mengniu Dairy (2319 HK) Buy: Finally approaching the end of the downcycle Dividend up in 2024: Mengniu issued a profit warning on 18 February, so the results were not a surprise. Its reported profit dropped to RMB105m in 2024 from RMB4,809m in 2023 on a 10% decline in revenue, after RMB3,981m impairment charge on Bellamy, a wider raw milk evaporation loss and a loss from its associates. It declared a dividend of RMB0.509 per share in 2024, making a payout of 45% on adjusted net profit (by excluding ab ...

ab 27 March 2025 Global Research First Read The company will host its annual results conference at 9:30-10:50 on 27 March. We await more guidance from management. Valuation: reiterate Buy; PT up to HK$23.3 The company has entered the high quality growth stage with more disciplined cost control. The anticipated bottoming out of raw milk prices in H225 could enhance the market competitive landscape. We slightly increase 2025-26E EPS by 1-2% to reflect efficient cost management and our new DCF-based PT of HK$2 ...

China Mengniu Dairy Company Limited (OTCPK:CIADF) Q4 2023 Earnings Conference Call March 26, 2024 9:30 PM ET Company Participants Lu Minfang - Vice Chairman and Executive Director Gao Fei - CEO and Executive Director Zhang Ping - CFO Li Pengchen - VP, Group Affairs Head Conference Call Participants Xiaopo Wei - Citi Chen Luo - Bank of America Lillian Lou - Morgan Stanley Unidentified Company Representative Investors, analysts, reporters, good morning. The 2023 Annual Results Announcement of China Mengniu be ...