{"id":24170,"date":"2023-12-27T09:22:00","date_gmt":"2023-12-27T09:22:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4301032_AE01032_0"},"modified":"2023-12-27T09:22:00","modified_gmt":"2023-12-27T09:22:00","slug":"yili-group-celebrates-dynamic-global-relationships-at-the-top-partners-conference-2024","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=24170","title":{"rendered":"Yili Group Celebrates Dynamic Global Relationships at the Top Partners Conference 2024"},"content":{"rendered":"\n<p>SANYA, <span class=\"xn-location\">China<\/span>, <span class=\"xn-chron\">Dec. 27, 2023<\/span> \/PRNewswire\/ &#8212; <span class=\"xn-chron\">Between December 6 and 20<\/span>, Yili Group and its Thai and Indonesian subsidiaries,&nbsp;respectively, brought together global partners for their Top Partners&nbsp;Conference 2024, themed &quot;Grow with Innovation, Forward in Unity.&quot;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p style=\"TEXT-ALIGN: center; WIDTH: 100%\"> <a href=\"https:\/\/mma.prnasia.com\/media2\/2307969\/1_Yili_Sanya.html\" target=\"_blank\" rel=\"nofollow noopener\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2307969\/1_Yili_Sanya.jpg?p=medium600\" title=\"Yili Group's Top Partners Conference 2024 in Sanya, Hainan, China\" alt=\"Yili Group's Top Partners Conference 2024 in Sanya, Hainan, China\" \/> <\/a> <br \/><span>Yili Group&#8217;s Top Partners Conference 2024 in Sanya, Hainan, China<\/span><\/p>\n<\/p><\/div>\n<p>Fueled by record-breaking sales, Yili Group has cemented its all-around&nbsp;leadership in the industry<\/p>\n<p>Supported by global partnerships, Yili&#8217;s performance in the first three&nbsp;quarters of 2023 was a resounding success. Revenue soared to a record 97.404&nbsp;billion yuan (approx. <span class=\"xn-money\">US$13.32 billion<\/span>), accompanied by a notable 16.36%&nbsp;increase in net profit.<\/p>\n<p>Yili&#8217;s international business has experienced sustained and rapid growth,&nbsp;driven by the expansion of its strategic global network. The company has now&nbsp;put into place a network comprising a global resource system, a global&nbsp;innovation system and a global market system, owning a total of 15 R&amp;D and&nbsp;innovation centers and 81 production bases worldwide.&nbsp;<\/p>\n<p>This year,&nbsp;Yili&#8217;s operation in <span class=\"xn-location\">New Zealand<\/span> and <span class=\"xn-location\">Australia<\/span> was recognized as the&nbsp;fastest growing in the region, with its products now gracing shelves in over 40&nbsp;countries and revenue hitting an all-time high.<\/p>\n<p>Brands like <span class=\"xn-location\">Thailand&#8217;s<\/span> Cremo and <span class=\"xn-location\">Indonesia&#8217;s<\/span> Joyday have both achieved the&nbsp;industry&#8217;s highest sales growth rate. In the face of fierce market competition, Yili&#8217;s Thai subsidiary rolled out rich product portfolios like Atom, Pilot, and&nbsp;Choco-Crush to better meet the needs of local consumers. At the conference, Yili&#8217;s Indonesian subsidiary shared its 2024 market expansion plan, which will&nbsp;focus on product innovation, channel expansion, brand promotion, and efforts to&nbsp;continue to improve consumer satisfaction. It also released five major&nbsp;initiatives focused on empowering partners with value-sharing.<\/p>\n<p>Over 100 new products launched at this year&#8217;s conference<\/p>\n<p>Upholding the belief of &quot;no innovation, no future,&quot; Yili always actively&nbsp;creates products in response to the full life-cycle, all-scenario needs among&nbsp;all types of consumers. It launched over 100 new products at this year&#8217;s Top&nbsp;Partners Conference.<\/p>\n<p>At the conference, Yili&#8217;s Liquid Milk Business Unit showcased impactful product&nbsp;innovations across various segments, with its flagship brands like AMBOPMIAL, SATINE and PLANT SELECTED launching new flavors to enrich the portfolio.<\/p>\n<p>Owning innovative formula patents developed for more than two decades, Yili&#8217;s&nbsp;Jinlingguan launched a new immunity-enhancing formula. Made from organic A2 raw&nbsp;milk, the new Zhenhu series features a remarkable 20-fold increase in active&nbsp;probiotics, alongside organic breast milk oligosaccharides (HMO) and lactoferrin.<\/p>\n<p>The Adult Nutrition Business Unit Business also showcased its breakthrough in&nbsp;functional innovation, unveiling a new type of formula milk powder designed to&nbsp;enhance sleep quality.<\/p>\n<p>Yili&#8217;s fast-growing Cheese Business Unit pays equal attention to nutrition, and&nbsp;deliciousness. Its new products include Yijiahao Rock Grilled Cheese Sauce,&nbsp;which is double-loaded with cheesy richness, and Cheese Torch, a crispy delight&nbsp;bursting with cheesy goodness.<\/p>\n<p>Yili&#8217;s International Business Unit is accelerating the pace of innovation.&nbsp;Fueled by a robust collaborative innovation network and deep insights into the&nbsp;needs of overseas consumers, the Unit creates innovative products of&nbsp;exceptional quality, tied with a dynamic brand image that resonates with local&nbsp;consumers.<\/p>\n<p>Forward in Unity: Yili and its partners celebrated a journey of shared&nbsp;development<\/p>\n<p>At the Top Partners Conference, Yili showered global partners with accolades,&nbsp;unveiling over a thousand awards across diverse categories, including team&nbsp;management, channel development, and outlet retailing. From <span class=\"xn-location\">Thailand<\/span>, Pracha&nbsp;Kittrongsiri, the recipient of the Outstanding Partner Award, expressed his&nbsp;readiness to continue to work with Yili to deliver better products and services.<\/p>\n<p>Recognizing the technological and financing challenges within the supply chain,&nbsp;Yili has built a mechanism to align interests with its partners. As of October&nbsp;2023, Yili had helped over 12,000 partners secure over <span class=\"xn-money\">140 billion yuan<\/span> (approx. <span class=\"xn-money\">US$19.18 billion<\/span>) in financing. This commitment to shared success has&nbsp;resulted in a robust global network of over 2,000 partners.<\/p>\n<p>Image Attachments Links:<br \/>Link: <a href=\"https:\/\/iop.asianetnews.net\/view-attachment?attach-id=443867\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/iop.asianetnews.net\/view-attachment?attach-id=443867<\/a><br \/>Caption:&nbsp;Yili Group&#8217;s Top Partners Conference 2024 in Sanya, <span class=\"xn-location\">Hainan, China<\/span><\/p>\n<p>Link: <a href=\"https:\/\/iop.asianetnews.net\/view-attachment?attach-id=443874\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/iop.asianetnews.net\/view-attachment?attach-id=443874<\/a><br \/>Caption:&nbsp; Top Partners Conference 2024 of Yili Group&#8217;s Thai subsidiary in Pattaya,&nbsp;Thailand.<\/p>\n<p>Link: <a href=\"https:\/\/iop.asianetnews.net\/view-attachment?attach-id=443875\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/iop.asianetnews.net\/view-attachment?attach-id=443875<\/a><br \/>Caption: Top Partners Conference 2024 of Yili Group&#8217;s Indonesian subsidiary in Jakarta,&nbsp;Indonesia<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p style=\"TEXT-ALIGN: center; WIDTH: 100%\"> <a href=\"https:\/\/mma.prnasia.com\/media2\/2307970\/2_Yili_Pattaya.html\" target=\"_blank\" rel=\"nofollow noopener\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2307970\/2_Yili_Pattaya.jpg?p=medium600\" title=\"Top Partners Conference 2024 of Yili Group's Thai subsidiary in Pattaya, Thailand.\" alt=\"Top Partners Conference 2024 of Yili Group's Thai subsidiary in Pattaya, Thailand.\" \/> <\/a> <br \/><span>Top Partners Conference 2024 of Yili Group&#8217;s Thai subsidiary in Pattaya, Thailand.<\/span><\/p>\n<p style=\"TEXT-ALIGN: center; WIDTH: 100%\"> <a href=\"https:\/\/mma.prnasia.com\/media2\/2307971\/3_Yili_Jakarta.html\" target=\"_blank\" rel=\"nofollow noopener\"> <img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2307971\/3_Yili_Jakarta.jpg?p=medium600\" title=\"Top Partners Conference 2024 of Yili Group's Indonesian subsidiary in Jakarta, Indonesia\" alt=\"Top Partners Conference 2024 of Yili Group's Indonesian subsidiary in Jakarta, Indonesia\" \/> <\/a> <br \/><span>Top Partners Conference 2024 of Yili Group&#8217;s Indonesian subsidiary in Jakarta, Indonesia<\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SANYA, China, Dec. 27, 2023 \/PRNewswire\/ &#8212; Between December 6 and 20, Yili Group and its Thai and Indonesian subsidiaries,&nbsp;respectively, brought together global partners for their Top Partners&nbsp;Conference 2024, themed &quot;Grow with Innovation, Forward in Unity.&quot; Yili Group&#8217;s Top Partners Conference 2024 in Sanya, Hainan, China Fueled by record-breaking sales, Yili Group has cemented its [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-24170","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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