Zhitong Finance APP learned that according to the Hong Kong Stock Exchange's disclosure on October 14, Aoya Group Investment Holdings Co., Ltd. submitted the Hong Kong Stock Exchange for the second time, and CICC and DBS are the joint sponsors.
According to Frost & Sullivan's data, Australia Group is one of the top five dairy cattle ranch operators in China. In 2021, in terms of raw milk sales, sales and output, the company ranks third, fourth and fifth among all dairy cattle ranch operators in China, with market shares of 1.6%, 1.8% and 1.7% respectively. The company provides high-quality raw milk to a diversified downstream dairy manufacturer customer base. The company has a diversified customer base, covering the country and the region's leading dairy products manufacturers (including Mengniu , Guangming, Meiji , Junlebao , New Hope Dairy , Jiabao and Kass ) and emerging dairy products brands (such as Yuanqi Forest and Jane Eyre ), and the company does not rely on the controlling shareholder as downstream customers. The company is recognized by customers for its ability to supply high-quality and traceable raw milk on a large scale, which allows the company's customers to promote its various high-end dairy products to meet the needs of end customers. produced approximately 565,400 tons, 582,800 tons, 638,800 tons, 298,300 tons and 359,200 tons of raw milk in 2019, 2020 and 2021 and the six months ended June 30, 2022.
According to Frost Sullivan's information, the company is the first dairy farm operator in China to design, build and operate a large-scale and standardized 10,000-head dairy farm. With the professional technology and expertise gained from the experience of inheriting the related business of the parent company Jiafa Group in 1997 in Indonesia , the company began to operate its own dairy cattle breeding business in China in 2009. As of the last practical date, the company owns and operates ten dairy farms in China, covering a total area of approximately 14,657 acres. As of June 30, 2022, the company's total inventory was 111,424 cows, of which 57,383 were cows .
The two main business divisions of the company are raw milk business and beef cattle business. raw milk business, company breeds and raises dairy cows through its own large-scale dairy cattle ranches, and sells raw milk to downstream dairy products manufacturers in China for further processing into high-quality dairy products. 's diversified customer base includes (i) national and regional leading dairy products manufacturers, accounting for approximately 83% and 81% of the company's total revenue in the six months ended June 30, 2022; and (ii) emerging dairy products brands, accounting for approximately 15% and 16% of the company's total revenue in 2021 and the six months ended June 30, 2022.
beef cattle business, company started beef cattle breeding business in 2018 to meet China's growing demand for beef products. The company raises beef cattle through its own large-scale beef cattle farm and sells beef cattle to Chinese food service companies (such as Zuoting and Youyuan) and high-quality beef processing companies for further processing into beef products. The company's beef cattle business operates in concert with the raw milk business. By using castrated bulls from the company's herds as a source of beef cattle populations, the company is able to use the resources of the company's raw milk business to develop the company's beef cattle business and achieve synergies.
In the six months ended June 30 in 2019, 2020, 2021 and 2022, the Australian Group's revenue was approximately US$352 million, 405 million, 522 million and 278 million respectively; during the same period, the gross profit was approximately US$122 million, 150 million, 176 million and 68.11 million respectively.
