Yong Ping Wen
Non-Executive Director at China Modern Dairy Holdings Ltd.
This person is connected to 19 people.
Chief Executive Officer at China Modern Dairy Holdings Ltd.
Chief Operations Officer & Executive Director at China Modern Dairy Holdings Ltd.
Former Partner at Ernst & Young (China)
Managing Director at China Investment Corp.
Former Professional at Morgan Stanley Private Equity Asia, Ltd.
President-Cattle Raising Division at Chinese Association of Animal Science & Veterinary Medicine
Partner at Fangda Partners
Chief Financial Officer at China Mengniu Dairy Co., Ltd.
Chief Executive Officer & Executive Director at China Mengniu Dairy Co., Ltd.
Vice President, Finance at Inner Mongolia Mengniu Dairy (Group) Co., Ltd.
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China Modern Dairy
We are the largest dairy farming company in terms of herd size as well as the largest raw milk producer in China according to the China Dairy Association. As of 30 June 2012, we had approximately 159,000 dairy cows in 20 large-scale dairy farms across China. We are among the first companies in China to adopt a large-scale industrialized free-stall dairy farming business model. All of our standardized dairy farms are designed and constructed with a capacity of raising up to 10,000 dairy cows per farm. We commenced business in 2005 and our first farm became operational in Maanshan, Anhui province in 2006. Since then, we have expanded to all the 6 Regions in China. Our farms are situated across the PRC in strategic geographic locations, which are close to downstream dairy product processing plants and feed supply sources required by our farms.
Our farms are designed and constructed with modern and scientific layouts to ensure high milk yields and cost efficiency. We believe our raw milk is amongst the highest quality and safest milk in China. We also believe that we operate the best large-scale dairy farms in China, with highly experienced management, comprehensive facilities and the latest breeding, feeding and herd management technology.
We have enjoyed significant growth during the past few years, driven largely by our ability to expand rapidly by replicating our business model in new domestic markets. In addition, our growth has also been driven by rising demand for high quality and safe raw milk following the melamine and other similar incidents in China’s milk industry in recent years. In 2010, we were ranked the number one fastest growing enterprise in China by the China Entrepreneur magazine (?????). We believe significant opportunities are presented by China’s dairy industry due to the sustained rapid growth of milk consumption, a continued scarcity of high quality raw milk, and a growing demand for large-scale dairy farms in China. We believe we are well-positioned to capitalize on these opportunities. We expect to further strengthen our market leading position in the dairy farming industry in China
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