Yili Group released its 2025 annual report and the first quarter of 2026 financial results on April 29. In 2025, Yili had a total operating revenue of 115.93 billion yuan ($16.94 billion), a year-on-year increase of 0.13 percent and its highest ever.

The 2025 annual report and the first quarter of 2026 financial results. [Photo provided to chinadaily.com.cn]

In 2025, Yili's core liquid milk business further strengthened its position as the industry leader. The company ranked first in China in milk powder sales by a wide margin and led the market in infant formula. Yili remains the industry leader in adult milk powder, with its market share expanding to 25 percent, and high-value and functional products accounting for over half of the growth.

The advertisement of Yili Youngfun series. [Photo provided to chinadaily.com.cn]

Yili's market share in domestic infant goat milk formula continued to increase, while adult goat milk formula revenue grew by over 20 percent.

In 2025, the company capitalized on the increasing popularity of baking, tea beverages, catering, and other sectors. Sales of 100 percent animal cream ranked first among Chinese brands. The proportion of new product revenue increased to 16.4 percent, becoming a key engine driving high-quality growth.

The advertisement of Yili Satine series. [Photo provided to chinadaily.com.cn]

As of the end of February 2026, Yili had provided 201.77 billion yuan in financial support to 15,675 upstream and downstream partners. Since 2014, it has provided 37.43 billion yuan in support funds to upstream partner ranches.