The company also has been recognized for establishing the Yili Future Intelligence and Health Valley in Hohhot, Inner Mongolia, which will become China’s first five-star project for carbon neutrality. By the end of 2021, China’s Ministry of Industry and Information Technology had
Westland Milk Products has signed an agreement to sell the co-operative to China’s Yili for NZD 588 million ($403 million). The proposed deal will see the New Zealand dairy company be bought by Hongkong Jingang Trade Holding, a wholly owned subsidiary of
Jennewein Biotechnologie GmbH, a German company involved in the research and manufacture of human milk oligosaccharides (HMO), and Inner Mongolia Yili Industrial Group (Yili Group), China’s leading dairy company, have signed a Memorandum of Understanding on infant microbiome and HMOs, to develop