Yili Group Calls for Global Efforts to Promote High-Quality Development across the Value Chain at the opening ceremony of the WDIC

HOHHOT,China,Aug. 9,2023 -- On the morning of August 5,the opening ceremony of the first World DairyIndustry Conference (WDIC) was held in Hohhot,the capital of the InnerMongolia Autonomous Region in north China. Jointly organized by theHohhot municipal government and Yili Group,together with other parties,theconference convenes industrial stakeholders from all over the world to exchangeviews on green and sustainable development of the global dairy industry.

Opening ceremony of the WDIC

At the opening ceremony,the city of Hohhot was awarded the titles of "TheDairy Breeding Capital of China" and "The Dairy Science and Technology Capitalof the World".

Besides,the successful launch of the National Center of Technology Innovationfor Dairy marks another milestone in the high-quality development of China'sdairy industry. As one of the most important partners of the project and itsfirst member institute,Yili has been working on all fronts to facilitate theestablishment of the Center since 2019.

At the opening ceremony,Mr. Pan Gang,Chairman and President of Yili Group,said that the global dairy industry is entering a new chapter of growth.Emphasizing the role of "cooperation,innovation,digitalization and greendevelopment" as the four pillars of high-quality development,he highlightedthe need for the industry to accelerate the establishment of a resilientindustrial chain.

To help do so,the Asian dairy giant has developed its Yili EcosystemMechanism,which targets technical and financial issues faced by the industryby providing its partners with multi-dimensional support that covers technicalservices,financial support and other areas. By the end of July 2023,Yili hadassisted about 12,000 pasture partners in raising over 130 billion Chinese yuan (approximately US$18.13 billion) of funds to strengthen the value chainextending from pastures to end products.

At the WDIC,the industry's cutting-edge innovations and achievements tookcenter stage. Through key technology R&D across the upstream,midstream anddownstream segments,Yili has built a global innovation network and led theindustry in promoting the digital transformation of the whole industry chain.Featured at the conference,the Yili Global Dairy Intelligent ManufacturingIndustrial Park has set a high benchmark for the industry in terms of smartmanufacturing and digital transformation.

As a trailblazer of green development,Yili also boasts the industry's mostcomplete carbon inventory database,with solid carbon inventory recordscompiled in the past 13 consecutive years. Having achieved peak carbonemissions in 2012,the Group has pledged to reach carbon neutrality throughoutits entire industry chain by 2050.

In the future,Yili will continue its efforts aimed at bringing together globalresources,intensifying technological innovation,accelerating digitaltransformation and building a sustainable ecosystem,in a bid to realize itsdream of "World Integrally Sharing Health".

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Caption: Opening ceremony of theWDIC

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Caption: Mr. Pan Gang,Chairman and President ofYili Group,delivers a keynote speechat the opening ceremony.

Mr. Pan Gang,delivers a keynote speech at the opening ceremony.