Which company does Xiajin Milk belong to?

A subsidiary of Ningxia Xiajin Dairy Group Co., Ltd.

1. Xiajin Dairy, a well-known trademark in China and a best-selling brand in Ningxia, manufactures Carrefour milk for Carrefour supermarkets. Xiajin Dairy is affiliated to Ningxia Xiajin Dairy Group Co., Ltd. and was founded in 1992. In the 1990s, it was the first to put into production "my country's largest sterilized milk production line". Afterwards, it has gone through many reorganizations and restructuring, becoming the leader in the dairy industry in the northwest region. enterprise. In 2020, New Hope Dairy acquired Xiajin Dairy for 1.711 billion yuan. Since then, Xiajin has become a wholly-owned subsidiary of New Hope Dairy.

2. Xiajin Dairy has more than 80 kinds of products, and its well-known products include milk, yogurt, milk drinks, etc. In 2021, Xiajin Dairy launched the "Five-Year Doubling Plan" strategic goal of "doubling sales revenue, tripling low-temperature milk products, and tripling the number of dairy cows." On September 8, 2023, Xiajin Dairy signed the "Ningxia Helan Mountain Production Area High-Quality Alliance Commitment Letter", hoping to make the milk from the Helan Mountain Production Area a representative business card of high-end milk and promote it nationwide. On April 16, 2008, "Xiajin" won the title of "China's Well-known Trademark", becoming the third "China's Well-known Trademark" in Ningxia after Shengxedong and Xizhou Group. In 2022, Xiajin Dairy achieved sales revenue of 1.84 billion yuan. In the first half of 2023, it achieved main business income of 948 million yuan and main business profit of 265 million yuan. Xiajin Dairy mainly plays a "supplementary" role in the entire new dairy system - replenishing milk sources and completing the normal temperature product line.