Half Year 2021 China Mengniu Dairy Co Ltd and Yashili International Holdings Ltd Earnings Call Transcript
Investors, good morning. Welcome to China Mengniu Dairy Company Limited and Yashili International Holdings Limited 2021 Interim Results announcement. This announcement will be conducted in Mandarin, and we have arranged English simultaneous interpretation. I am Willow from Investor Relations department. Let me introduce to you our management in attendance. Mr. Lu Minfang, President and Executive Director; Mr. Meng Fanjie, Vice President and Executive Director; CFO, Mr. Zhang Ping, Senior Vice President, Mr. Gao Fei; Vice President, Mr. Wen Yongping, Vice President, Mr. Luo Yan; Vice President, Mr. Li Pengcheng; and Assistant Vice President, Mr. Yong Zhang. Financial Controller and Company Secretary, Mr. Kwok Wai Cheong from Yashili, we have Mr. Yan Zhiyuan, CEO and Executive Director and CFO, Mr. Chen Limin. Now let me take you through our agenda for today. First of all, Mr. Lu Minfang will take you through Mengniu's 2021 interim results and the latest development. After that, Mr. Yan Zhiyuan of Yashili will take you through Yashili's 2021 interim
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