Yili Industrial Group Co Ltd (Yili Group), one of China's leading dairy companies, earned a net profit of nearly 4 billion yuan ($559.1 million) and a total operating revenue of 45.07 billion yuan in the first half of 2019, a year-on-year increase of 330 million  yuan, according to the group's interim results released on Aug 29. 

These numbers highlight Yili's strong growth momentum and potential for sustainable development, according to Pan Gang, CEO of the company. 

Yili continues to play a larger role in global markets, offering more diverse products to global consumers. 

Nutril-life Bottle, a product developed by Yili, was honored at the 2019 Asia Food Innovation Awards by FoodBev Media. Ambrosial Greek Style Drinking Yoghurt (orange pulp & pineapple flavor), another Yili product, was also nominated for Best Concept in 2019. 

Yili's products have already entered such markets as Thailand, Indonesia, Singapore, and Myanmar. Last year, Yili launched Joy Day ice cream in Indonesia, which is now available in major cities across the country and is being introduced to more Southeast Asian countries. 

The acquisition of Thailand's largest local ice cream company, Chomthana, was a major breakthrough for Yili in terms of growing its regional production capacity and gaining market access. Yili has helped Chomthana improve its food quality, safety, and sales model, and within one month after the acquisition, Chomthana's production capacity increased by more than 30 percent. 

Yili's expansion into countries such as New Zealand is underpinned by mutually beneficial partnerships. Yili adheres to a localization strategy and works with local partners to drive local economic development. 

Weeks before posting its interim results, Yili had acquired Westland Cooperative Dairy Company Limited, the second-largest dairy company in New Zealand, which is expected to help Yili further strengthen its global production capacity and increase cooperation along the global dairy value chain. 

The dairy giant has also built the Oceania Dairy Production Center, one of the world's largest dairy centers, and signed a strategic partnership agreement with Lincoln University of New Zealand to set up its Oceania Research and Development Center. 

In June 2019, Oceania Dairy received a cross-border investment award from the New Zealand-China Trade Association (NZCTA). 

The company has worked closely with local partners to make New Zealand's premium milk available to consumers around the world, and it is committed to pursuing cooperation with international partners, getting involved in local charitable activities and contributing to local economic development. 

As early as 2017, Yili agreed to take on the social responsibility of building the World Integrally Sharing Health Development System.