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New Hope Dairy Co 002946.SZ · CNY

Consumer Staples · Shenzhen · 🇨🇳 China

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17.33

+0.41%

Close of 9 Nov 2026, in CNY

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About New Hope Dairy Co

Its shares trade on Shenzhen under the ticker 002946.SZ. It has been listed since 25 January 2019. In the fiscal year to 31 December 2025, it reported revenue of CN¥11.20bn and net income of CN¥731.1m. At that date it held total assets of CN¥9.14bn and shareholders' equity of CN¥3.90bn.

New Hope Dairy Co., Ltd. engages in the development, production, and sale of dairy products and milk-containing beverages. The company is headquartered in Chengdu, Sichuan. The company went IPO on 2019-01-25. The firm's products mainly include low-temperature fresh milk, low-temperature yogurt, low-temperature modulated milk, low-temperature milk beverage, normal-temperature pure milk, normal-temperature milk beverage, normal-temperature modulated milk, normal-temperature yogurt and milk powder. The main brands of the Company's products include New Hope, New Hope Shuangfeng, Shuangxi, Sanmu and others.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Staples
Industry
Food Products
Listed since
25 Jan 2019
Employees
9,630

Leadership

Pay as last reported

  • Mr. Gang XiChairman of the Board, since 2016
  • Mr. Chuan ZhuPresident, Director, since 2017CN¥2.0m
  • Ms. Ya'nan ChuChief Financial OfficerCN¥1.1m
  • Mr. Yongmeng FuChief Production Operating Officer, Assistant to PresidentCN¥942,700
  • Mr. Shuai ZhangVice PresidentCN¥1.8m
  • Mr. Shifeng ZhengSecretary of the Board, Assistant to PresidentCN¥1.1m
  • Ms. Wei LiDirector
  • Ms. Chang LiuDirector
  • Mr. Xu LiuDirector
  • Ms. Bi ChenIndependent DirectorCN¥105,000
  • Mr. Huaji LuIndependent DirectorCN¥200,000
  • Mr. Fei WuIndependent DirectorCN¥200,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
89
Environment
99
Social
99
Governance
69
Direct emissions (scope 1)
365,259.48 t
Energy emissions (scope 2)
126,794.36 t
Women in the workforce
49%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Headquartered in Chengdu, Sichuan with 9,630 employees
  • Offers a diverse product range including low-temperature and normal-temperature dairy products
  • Has multiple established brands such as New Hope and New Hope Shuangfeng

Weaknesses

  • Relies on a single sector (Consumer Staples) for revenue
  • IPO occurred in 2019, indicating limited historical market presence
  • Products are limited to dairy and milk-containing beverages without diversification

Opportunities

  • Expansion into new markets within China's growing dairy sector
  • Potential for brand diversification beyond current product lines
  • Increasing demand for dairy products in urban Chinese markets

Threats

  • Competition from established dairy companies in China
  • Economic downturns affecting consumer spending on non-essential goods
  • Regulatory changes impacting food safety standards in China

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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