Beingmate

Beingmate Baby & Child Food Co., Ltd.
Company typePublic
SZSE: 002570
Founded1992
Headquarters
Hangzhou
,
China
Chinese name
Simplified Chinese贝因美婴童食品股份有限公司
Traditional Chinese貝因美嬰童食品股份有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinBèi yīn měi yīng tóng shí pǐn gǔ fèn yǒu xiàn gōng sī
Alternative Chinese name
Simplified Chinese贝因美
Traditional Chinese貝因美
Transcriptions
Standard Mandarin
Hanyu PinyinBèi yīn měi
Websitewww.beingmate.com

Beingmate Baby & Child Food Co., Ltd. or known as just Beingmate, is a Chinese food manufacturer. It is headquartered in Hangzhou, China. Founded in 1992, it was a leading milk powder brand in China, but declined in the recent years.[1] In March 2015, Fonterra Cooperative Group purchased 18.8% of Beingmate.[2]

Beingmate is listed on the Shenzhen Stock Exchange. It was a constituent of the exchange's mid cap index SZSE 200 Index, but was removed in January 2017. It was inserted to small cap index SZSE 700 Index instead.[3][4]

Product sites

Beingmate owned 51% stake in a powder plant in Darnum, Victoria, Australia, with the rest was owned by Fonterra.[5]

References

  1. ^ 维尼熊 (21 September 2017). "Dà bài jú:"Guó chǎn nǎi fěn dì yī pǐn pái" bèi yīn měi yǔn luò jì" 大败局：“国产奶粉第一品牌”贝因美陨落记 [Defeated: The story of how "the first brand of domestic milk powder", Beingmate falls]. Sina Finance (in Chinese (China)). Retrieved 1 November 2017.
  2. ^ "Fonterra buys 18.8% of China's Beingmate for about $755 million". NBR. 2015-03-16. Retrieved 2021-03-16.
  3. ^ 关于调整深证成指、中小板指、创业板指、深证100、中小创新等指数样本股的公告 (PDF) (Press release) (in Chinese (China)). Shenzhen Securities Information. 12 December 2016. Archived from the original (PDF) on 11 February 2017. Retrieved 1 November 2017.
  4. ^ 深证系列指数样本股调整名单（201701） (Microsoft Excel) (in Chinese (China)). Shenzhen Securities Information. 12 December 2016. Retrieved 1 November 2017.
  5. ^ Durie, John (9 August 2017). "Fonterra's Chinese partner wins tick for infant formula products in China". The Australian. Melbourne. Retrieved 1 November 2017.
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