Xinjiang Yilite Industrial Co., Ltd. was approved by the People's Government of Xinjiang Uygur Autonomous Region in document No.74 of New Deal Letter [1999], with Xinjiang Yili Brewery General Factory (hereinafter referred to as "Brewery General Factory") as the main sponsor, in conjunction with Sichuan Deyang Huangxu Printing Factory, Xinjiang Non-staple Food (Group) Co., Ltd., Yili Sugar, Tobacco and Alcohol Co., Ltd., Xinjiang Production and Construction Corps Investment Center and Southern Securities Co., Ltd.
The predecessor of Xinjiang Yilite Industrial Co., Ltd. is Xinjiang Yili Brewery Factory, which was founded in 1956. The company is a listed company established by Xinjiang Yili Brewery Factory as the main sponsor and five legal entities. It was formally registered in May 1999. It is a diversified modern corporate enterprise with the production of "Yili" brand liquor as its main business, covering scientific research, food processing, comprehensive processing of wild fruits, bioengineering, financial securities, printing, real estate, natural gas supply, hotels, tourism services and other products and industries. It has 1583 employees, covering an area of 1 hectares, with total assets of 1.8 billion yuan and annual profits and taxes of 2 million yuan. The company's total share capital is 22.5 million yuan. On July 29, 1999, 75 million A shares of "Yilite" were publicly sold on the Shanghai Stock Exchange and listed on September 16.
with the tenet of "emphasizing quality, creating famous brands, expanding markets and seeking benefits", the company has created a remarkable "Yilite effect" with its efficient operation mechanism and steady and pragmatic management style. The company mainly produces "Yili" brand gold medal Yilite Qu series, Yili Laojiao series, Yili Daqu series, nutritional Yilite series and more than 1 varieties of products. In 199 and 1991, the enterprise won the quality management award of Xinjiang Uygur Autonomous Region and the Ministry of Agriculture successively. In 1992, it was approved by six national ministries and commissions as "national large-scale second-class enterprise"; In 1993, it was rated as one of the top 1 best economic benefits in China liquor manufacturing industry and one of the largest market shares in China liquor manufacturing industry. In 1994, it ranked 49th among the top 1 enterprises in China beverage manufacturing industry, top 1 enterprises in Xinjiang industry, 5 largest industrial enterprises in China, 78th among the largest industrial enterprises in China beverage manufacturing industry, and 3th among the 5 best economic benefit beverage manufacturing industries. In 1995, it was awarded the title of AAA as the best image of enterprises in China, outstanding enterprises in Xinjiang Uygur Autonomous Region and top 1 enterprises in national credibility; In 1996, it was rated as the advanced collective of light industry science and technology in Xinjiang during the Eighth Five-Year Plan period by Xinjiang Uygur Autonomous Region, and won the title of advanced collective in the third national industrial census. In 1997-1998, the company won the title of "National Excellent Enterprise for Scientific and Technological Progress in Food Industry", National Excellent Enterprise Award in Wine Industry and National Top 1 Enterprises in Agricultural Reclamation Industry. In 1998, the company was awarded the title of "National Advanced Enterprise with Quality and Benefit in Food Industry". In 1998, it was audited by the Quality Certification Center of China Fiona Fang Mark Certification Committee. The company's quality system and "Yili" brand products passed the ISO92 quality system and product certification in line with international standards, and the "Yili" trademark was rated as a famous trademark in Xinjiang. In April, 1999, the company won the title of "National May 1st Labor Award" and "National Advanced Unit for Creating Spiritual Civilization". In 2, it was rated as the national advanced quality management enterprise; In 21, the company was selected as the first batch of 52 enterprises in China that "honor contracts and keep promises"; On February 8, 22, the trademark Yili owned by the company was recognized as "China Famous Trademark" by the Trademark Office of the State Administration for Industry and Commerce.
over the years, Yilite Company has adhered to the enterprise spirit of "unity and patriotism, honesty and dedication, pioneering and pragmatic, loyalty and dedication, diligence and thrift", established the business philosophy of "today's quality is tomorrow's market" and cultivated the enterprise culture of "endless pursuit and individuality first". The company always grasps the good opportunity of reform and opening-up, conforms to the constant changes of market economy, and takes the responsibility of revitalizing traditional national industries from concept innovation, strategic innovation, market innovation, organizational innovation to management innovation. Through the successful implementation of business strategy and process reengineering, the company has established a mutually beneficial production chain between supply and demand, and implemented effective scientific management internally, so that the company's products and services are always close to customers and market demand, and the company has developed rapidly in a very short period of time and achieved impressive business performance.
Yilite Company will take the opportunity of "Yilite" stock issuance and listing as an opportunity, devote itself to the extension and expansion of "Yilite" brand, vigorously implement diversified operation, invest and develop in a wider range of fields, promote the organic combination of stock adjustment and incremental investment, asset management and capital operation, improve the company's performance at multiple levels and establish a good corporate image.