Beingmate

Last updated
Beingmate Baby & Child Food Co., Ltd.
Type Public
SZSE: 002570
Founded1992
Headquarters
Hangzhou
,
China
Chinese name
Simplified Chinese 贝因美婴童食品股份有限公司
Traditional Chinese 貝因美嬰童食品股份有限公司
Alternative Chinese name
Simplified Chinese 贝因美
Traditional Chinese 貝因美
Website www.beingmate.com

Beingmate Baby & Child Food Co., Ltd. or known as just Beingmate, is a Chinese food manufacturer. It is headquartered in Hangzhou, China. Founded in 1992, it was a leading milk powder brand in China, but declined in the recent years. [1] In March 2015, Fonterra Cooperative Group purchased 18.8% of Beingmate. [2]

Contents

Beingmate is listed on the Shenzhen Stock Exchange. It was a constituent of the exchange's mid cap index SZSE 200 Index, but was removed in January 2017. It was inserted to small cap index SZSE 700 Index instead. [3] [4]

Product sites

Beingmate owned 51% stake in a powder plant in Darnum, Victoria, Australia, with the rest was owned by Fonterra. [5]

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References

  1. 维尼熊 (21 September 2017). "Dà bài jú:"Guó chǎn nǎi fěn dì yī pǐn pái" bèi yīn měi yǔn luò jì" 大败局:“国产奶粉第一品牌”贝因美陨落记 [Defeated: The story of how "the first brand of domestic milk powder", Beingmate falls]. Sina Finance (in Chinese). Retrieved 1 November 2017.
  2. "Fonterra buys 18.8% of China's Beingmate for about $755 million". NBR. 2015-03-16. Retrieved 2021-03-16.
  3. 关于调整深证成指、中小板指、创业板指、深证100、中小创新等指数样本股的公告 (PDF) (Press release) (in Chinese). Shenzhen Securities Information. 12 December 2016. Archived from the original (PDF) on 11 February 2017. Retrieved 1 November 2017.
  4. 深证系列指数样本股调整名单(201701) (Microsoft Excel) (in Chinese). Shenzhen Securities Information. 12 December 2016. Retrieved 1 November 2017.
  5. Durie, John (9 August 2017). "Fonterra's Chinese partner wins tick for infant formula products in China" . The Australian. Melbourne. Retrieved 1 November 2017.