Yili, China’s leading dairy company, has been named the best listed company on the Shanghai Stock Market for its stable market performance and high investment value.

Yili was given the award at a ceremony for the most competitive listed companies held on Dec 16, 2016.

The awards were given to those listed companies that investors think are the most trustworthy.

Not long before this award, Yili was named on CCTV as on of the country’s top 50 listed companies  and one of the top 10 listed companies with the most investment potential.

Winning so many prizes shows that consumers and investors have great confidence in the company, experts said.

Industrial analysts noted that growth in the dairy industry has slowed due to the economic downturn and the change to a consumption-led economy.

Against this challenging background, Yili has maintained its growth rate which is above the industry’s average.

In 2015, the company’s total business revenue reached 60.36 billion yuan ($8.8 billion), and net profit reached 4.66 billion yuan.

Yili was ranked eighth in the top 20 dairy companies in the world in 2016.

Yili’s high-quality products and constant innovation have ensured it has continued to achieve outstanding results. To ensure its quality, Yili makes efforts in five areas: milk sources, research and development, production, logistics and standards.