Guizhou South Dairy's IPO approved by Beijing Stock Exchange

The Listing Committee of the Beijing Stock Exchange on March 18 announced that the public offering application of State-owned Guizhou South Dairy Co has been approved.

According to public information, the company's IPO was sponsored by China International Trust and Investment Corporation Securities. The listing application was formally submitted to the Beijing Stock Exchange on June 24, 2025.

The pure milk product of Shanhua Milk, an affiliated brand of Guizhou South Dairy Co. [Photo/WeChat account of Guiyang State-owned Assets Supervision and Administration Commission]

Guizhou South Dairy is an integrated dairy enterprise combining dairy cow breeding, product research and development, production, and sales. Its main business includes manufacturing and selling dairy products and milk-based beverages. In 2024, the company recorded operating revenue of 1.82 billion yuan ($263.87 million) and continues to maintain steady growth.

According to its prospectus, the company's product portfolio includes chilled dairy products such as pasteurized and fermented milk, ambient dairy products such as sterilized and modified milk, as well as milk-based beverages. These products are widely used in a diverse range of consumption scenarios, including household consumption, student nutrition programs, catering channels, and gift markets.

The company is participating in the development of two national standards: "Evaluation Specification for Green Manufacturing in Food Production Enterprises" and "Sensory Evaluation of Milk and Dairy Products".

In recent years, Guizhou South Dairy and its affiliated brands have received several honors, including being recognized as a National Key Leading Enterprise in Agricultural Industrialization and as a National Green Factory.