COFCO, the major shareholder of the Chinese dairy company Mengniu, has announced that Mengniu's manufacturing base in the southwestern area of China has been completed and put into production.

Chinese dairy company Mengniu has published its financial report for the first half of 2009.

Chinese dairy company Mengniu has published a report stating that COFCO and Hopu Investment Management will buy a 20.3% stake in Mengniu at the price of HKD17.6 per share, for a total of about HKD6.1 billion.

Chinese dairy giant Yili has published its annual financial report for 2008 showing that it made losses of CNY1.96 billion during the year.

China's leading dairy group Mengniu has published a report, stating that according to the unaudited management accounts as of November 30, 2008 and other relevant documents, the group might see a CNY900 million loss in the year 2008.

Chinese restaurant chain South Beauty, also known as Qiaojiangnan, has announced that the group plans to sell parts of its stake to CDH Investments and China International Capital Corporation to raise financing of CNY300 million.