Youran Dairy is the world's largest raw milk supplier and was listed on the Hong Kong Stock Exchange on June 18, 2021. The company's business fully covers the entire upstream dairy industry chain, including breeding, forage, feed, and dairy farming, with each business segment achieving industry-leading performance. Youran Dairy is also China's largest supplier of specialty fresh milk, the largest ruminant feed supplier, the largest alfalfa hay supplier, and the largest dairy cattle breeding enterprise in China, and owns the country's largest animal husbandry industry chain trading center—Jumuc.com. In 2025, Youran Dairy achieved total revenue of RMB 20.654 billion, representing a year-on-year increase of 2.8%.

Youran Dairy's farming business operates 100 large-scale ranches covering China's golden dairy belt, and has established multiple ranches in central and southern provinces characterized by large populations, strong economies, high consumption potential, scarce land resources, and long-term raw milk shortages, raising nearly 620,000 dairy cows; The annual output of raw milk reached 4.233 million tons, a year-on-year increase of 12.9%, firmly ranking first in the industry in terms of scale. Through the continuous advancement of lean management and technology empowering the entire industry chain, the newly built 10,000-head ranch in Wuwei, Gansu, achieved a per-cow milk yield exceeding 49 kg in its second year of operation, setting a record for the highest per-cow yield in China; In 2025, Youran Dairy's annualized per-cow yield for mature cows increased to 12.8 tons, a year-on-year increase of 1.6%; The company promotes the “Grain-Saving Initiative” through technological innovation, implementing a series of cost-reduction measures such as precision nutrition to improve feed conversion efficiency, developing low-soybean meal feed formulas, and promoting the substitution of domestic alfalfa hay, resulting in a year-on-year decrease of 10.5% in feed cost per kilogram of raw milk. Youran Dairy has a leading domestic scale and a rich product matrix of specialty fresh milk, having developed organic milk, Jersey milk, organic Jersey milk, DHA milk, A2 milk, organic A2 milk, selenium-enriched milk, and goat milk, expanding its specialty fresh milk categories to eight. With continuous innovation and R&D, the company will further enrich its specialty raw milk product matrix.

Youran Dairy's feed business has established 15 feed production bases across the country, possessing nearly 40 years of experience in ruminant feed R&D and production. It has developed a “Product + Service + Platform” business model and established strategic cooperation with globally renowned dairy expert Dr. Mike Hutjens, integrating the most advanced dairy cow nutrition technology from the United States to create world-class feed products. Through strategic cooperation with the U.S. National Academies of Sciences, Engineering, and Medicine (NASEM) on the “Nutrient Requirements of Dairy Cattle,” it has introduced internationally leading dairy farming technologies; It continuously upgrades the precision nutrition system for dairy cows, collecting data on barn environment, herd production, parity, and other information through a big data monitoring system to calculate cow nutritional requirements. Using its self-developed near-infrared nutrition database of Chinese dairy farming ingredients, it evaluates the nutritional value and cost-effectiveness of ingredients, and employs nutritional formulation systems and precision feeding equipment to provide precise nutrition to dairy cows. Youran Dairy Yuanxing Feed pioneered the “Customer Value Creation Service System for Beef Cattle and Sheep,” innovatively developed 50 kg high-yield feed and high-protein fermented feed as soybean meal substitutes, researched targeted nutrition regulation technology for beef cattle to promote high-quality marbling, and launched a series of star products such as multi-stage fermented feed with composite bacterial strains for beef cattle and sheep, expanding its feed brands to fifteen major series covering the entire life cycle of dairy cows, beef cattle, meat sheep, dairy goats, camels, and yaks. In 2025, the sales volume of concentrate feed for beef cattle and sheep increased by 46.7% year-on-year.

Youran Dairy's subsidiary, Saikexing, is the largest dairy cattle breeding enterprise in China, ranking first in Asia in the production capacity of sex-sorted frozen semen. It is also the earliest breeding enterprise in China to achieve large-scale production and commercial application of sex-sorted embryos from high-yielding dairy cows, having mastered internationally leading technologies including sex control technology, sex-sorted embryo production and transfer technology, genomic selection dairy breeding technology, gene editing dairy breeding technology, cloning technology, and core stem cell biobreeding technology. Currently, Youran Dairy has established five core breeding bases and bull stations for dairy cows, beef cattle, and dairy goats in Hohhot. Through breakthrough technological research, Youran Dairy successfully developed the world's first novel embryonic stem cells for expanding bovine functionality, and broke foreign monopolies by developing the “Breeding No. 1 Chip,” which can accurately screen dairy cows with “high-yield, disease-resistant, long production life” genotypes, achieving internationally advanced accuracy in germplasm screening; The application of new OPU-ICSI bull breeding technology has opened new channels for the cultivation of elite dairy bull sires; At the same time, it is advancing projects for the breeding of sex-sorted gene-edited dairy cows, beef cattle, and dairy goats. In the latest ranking of domestic dairy bull sires in December 2025, the bulls bred by Youran Dairy performed exceptionally well: accounting for 4 of the top 5 and 27 of the top 100, with bull sire No. 15522027 winning the championship four times consecutively, achieving a historic breakthrough. In 2025, the sales volume of dairy sex-sorted embryos in the breeding business increased by 45.1% year-on-year.

Youran Dairy is China's largest alfalfa hay supplier, building high-quality alfalfa planting bases centered around Aluke'erqin Banner, the “Grass Capital of China,” with 16 forage production bases nationwide and a forage planting area of 240,000 mu. Through continuously increasing technological investment and relying on proprietary core technologies such as alfalfa cold-resistance genes and germplasm hybridization, Youran Dairy has significantly improved the quality of domestic forage, effectively replacing imported forage with high-quality domestic forage, overcoming the “alfalfa overwintering” bottleneck, achieving a regreening rate of over 92% and an alfalfa silage yield of approximately 1.59 tons per mu, reaching a record high. In recent years, the proportion of Youran Dairy's self-produced premium-grade alfalfa has continuously exceeded 60%. Meanwhile, Youran Dairy has reached internationally leading levels in forage breeding, smart agriculture, and standardization of forage production.

Jumuc.com is the country's largest animal husbandry industry chain trading center. Through its online platform “Jumucheng Technology” and a sales network of 23 offline dairy cow supermarkets, it provides farmers with over 7,000 types of dairy farming supplies, serving more than 2 million dairy cows nationwide, fully covering the core operational needs of ranches and offering customers one-stop procurement solutions.