MENGNIU DAIRY(HK:02319) Sou Hu Cai Jing·2025-09-12 01:55Core Viewpoint - The article discusses the strategic partnership between Yunfeng Fund and Shanghai Bank, highlighting the leadership transition of Lu Minfang at Mengniu Dairy and the company's performance against its ambitious sales and market value targets [2] Group 1: Company Overview - Yunfeng Fund, co-founded by Alibaba's Jack Ma and Yu Feng, was established in 2010 and has invested in over 200 companies, particularly in the consumer sector [2] - Mengniu Dairy, under Lu Minfang's leadership since 2016, aimed for a "double hundred billion" target, seeking to achieve sales and market value of 100 billion yuan by 2020 [2] Group 2: Leadership Transition - Lu Minfang, born in 1969, served as the longest-tenured president of Mengniu Dairy, transitioning to vice chairman and executive director before resigning from all positions in October 2024 to focus on personal matters [2] - The company’s revenue figures from 2020 to 2023 were reported as 76.03 billion yuan, 88.14 billion yuan, 92.59 billion yuan, and 98.6 billion yuan, indicating that the ambitious targets set by Lu were not met [2]