What is the relationship between Shengmu and Mengniu?

The relationship between the two companies is that Mengniu is one of the leading enterprises in china dairy, and Shengmu Hi-Tech is a subsidiary of Mengniu.

Shengmu Hi-Tech Animal Husbandry Co., Ltd. does not belong to Mengniu Dairy Group.

Shengmu Hi-Tech was established in 2009, headquartered in Hohhot, Inner Mongolia, and Mengniu Dairy Group was also established in Hohhot, Inner Mongolia, but they are completely independent enterprises. Shengmu Hi-Tech 20 14 was listed on the Hong Kong Stock Exchange, while Mengniu Dairy was listed in Hong Kong as early as 2004.