YILI(SH:600887) Sou Hu Cai Jing·2025-07-16 14:34Core Insights - The third China International Supply Chain Promotion Expo was held from July 16 to 20, attracting over 650 companies and institutions from 75 countries and regions, marking it as the world's first national-level exhibition focused on supply chains [2] - Yili Group, a leading enterprise in the dairy industry, launched the "China Dairy Supply Chain Quality Covenant" during the expo, emphasizing a commitment to quality across the industry [2][3] - The covenant signifies a new phase for the Chinese dairy industry, aiming for higher standards and stricter requirements to ensure consumer safety and quality [3] Industry Development - Yili Group is recognized as a "chain master" in the dairy sector, showcasing China's modernization in the industry and its commitment to high-quality development [4] - The per capita dairy consumption in China has dramatically increased from 0.4 kg in 1949 to 40.5 kg in 2024, representing a 100-fold growth over 75 years, indicating significant progress in the dairy sector [4] - Yili's Vice President Xu Ke highlighted the rapid evolution and transformation of the supply chain system in the dairy industry, focusing on innovation and upgrades across all stages from raw milk sourcing to consumer delivery [6] Quality Management and Collaboration - The launch of the "China Dairy Supply Chain Quality Covenant" is a collaborative effort involving key industry stakeholders, aiming to enhance quality management throughout the supply chain [13] - The "China Dairy Industry Supply Chain High-Quality Development Report" was released, identifying six major issues in the industry, including reliance on imports for key technologies and quality feed [8] - Yili is committed to building a robust ecosystem for supply chain quality, facilitating a leap from catching up to surpassing global standards in the dairy industry [6][11] Technological Innovation - Yili has established 15 innovation centers globally and is leading the construction of a national dairy technology innovation center, promoting collaborative research and breaking down industry barriers [11] - The company is leveraging advanced technologies such as IoT and AI to achieve automation and transparency in dairy production, setting a benchmark for smart upgrades in the industry [10][11] - Yili's partnerships with companies like GEA are focused on enhancing production efficiency and quality management, contributing to the overall advancement of the dairy sector [10]