On August 24, Huangshi Group released a
semi-annual report for the year 2021. According to the report, between January
and June of 2021, Huangshi Group has earned revenue of about RMB 1.3 billion,
which is an increase of 28.88% compared to the same period in 2020. The net
profit attributable to shareholders of the listed company is approximately RMB
1.0 million, an increase of 1232% compared to the same period in 2020.
Huangshi Group is a dairy enterprise that
mainly engages in dairy products and information services. The enterprise's
main market is the dairy business with buffalo milk, fermented milk, and
pasteurized milk, which accounts for 74.46% of its total income. Huangshi
Group’s dairy business covers the entire industry chain from pasture planting to
dairy farming, dairy research and development, production, and sales. The
company’s main products are cold milk and room temperature milk, with Holstein
milk and buffalo milk as raw materials.
In the first half of 2021, Huangshi Group’s
dairy production and sales volume hit a new high since first listing, with a
steady increase in general income. The revenue of cold milk and room
temperature milk were approximately RMB 413 million and RMB 372 million,
respectively, which is an increase of 28.90% and 69% compared to the same
period last year.
Huangshi invests in ranch construction and expanded production
During the reporting period, in the dairy
sector, Huangshi Group also focused on constructing and renovating several
ranches. First, the company has recently constructed Yuanduan Ranch in
Jianchuan county of Yunnan province, which integrates planting, breeding, and
sightseeing. Additionally, the company has focused on its Guangxi Tiandong
Ranch, which completed a first phase of renovations and will be completed and
put into use at the end of the year. Furthermore, the company's Nanning
Township Sightseeing Ranch recently completed renovation and the expansion of
its milking shed. Finally, the company's Guizhou Dejiang Ranch is also
proceeding with construction in accordance with the company's plan and is
expected to complete construction during the second half of the year. While
providing the company with high-quality milk sources, it is also expected to
bring about growth of sales.
In addition to building ranches, the company
has also focused on increasing its production capacity. The company's factory
in Guangxi has added many production lines in order to expand production and to
meet the needs of sales growth. Additionally, a new plant in Zunyi, Guizhou has
entered the stage of equipment and facility commissioning, laying a solid
foundation for large-scale trial production in the second half of the year.
Finally, construction of the company's Yunnan Laisier Smart Factory is also
progressing steadily, and it is expected that equipment commissioning for the
factory will be completed by the end of the year.
Huangshi Group conducts research for additional production of buffalo
products
An inspection group composed of Huangshi Group
executives and industry experts completed a first commercial inspection of
Pakistan, the country with the second greatest number of buffalo in the world,
and the world's third largest milk producer.
In addition, Huangshi Group also reached a
strategic partnership with the Buffalo Research Institute of the Chinese
Academy of Agricultural Sciences for the transformation of technological
achievements, and jointly established the corporation Huangshisaier
Biotechnology (Guangxi) Co., Ltd. The aim of the corporation is to jointly
promote the improvement of milk buffalo breeds in South China through
biotechnology, and to promote the improvement of the economic efficiency of the
milk buffalo industry. It is expected that in the second half of the year, a
team from Huangshi Group's will visit Pakistan to implement a plan for the
buffalo project.
For more information on China’s dairy market,
please check our Dairy Products China News
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