NONGFU SPRING

Inner Mongolia Yili Industrial Group Co., Ltd. operates as a significant manufacturer and supplier of dairy goods, serving consumers both domestically within China and in various international markets. The company's diverse range of offerings includes liquid milk, powdered milk, yogurt, frozen desserts like ice cream, and cheese. Furthermore, Yili also distributes packaged drinking water. This enterprise was established in 1956 and has its main base of operations in Hohhot, China.

Wahaha Group, formally Hangzhou Wahaha Group Co., Ltd., is a major Chinese food and beverage company that manufactures and sells bottled water, dairy drinks, fruit beverages, porridge, carbonated drinks, and other packaged foods. It primarily serves consumers in China through retail and distribution channels, with some international presence.

COFCO Coca-Cola Beverages (Hangzhou) Co., Ltd. is a Coca-Cola bottling joint venture associated with COFCO and The Coca-Cola Company. It manufactures, distributes, and sells Coca-Cola beverages and related products to retail, food-service, and other customers in Hangzhou and surrounding areas of Zhejiang, China.

China Resources Beverage (Holdings) Co., Ltd. operates as an investment holding firm, primarily focusing on the manufacturing and distribution of bottled water and a variety of non-alcoholic refreshments. The company was established on July 4, 1995, and its headquarters are located in Shenzhen, China.

Tingyi (Cayman Islands) Holding Corp. operates as an investment holding company, with its primary focus on manufacturing and selling instant noodles, a diverse range of beverages, and convenience food products across the People's Republic of China. The company's business activities are segmented into Instant Noodles, Beverages, and an 'Others' category. Its extensive beverage portfolio includes ready-to-drink teas, fruit juices, milk teas, bottled water, carbonated soft drinks, alongside coffee, functional, and probiotic beverages. Furthermore, Tingyi diversifies its operations by providing property rental and management, logistics, and various management and support services, in addition to producing and marketing meat and bakery products. By the end of 2021, its robust sales infrastructure featured 340 sales offices and 341 warehouses, reaching an impressive 80,726 wholesalers and 256,567 direct retail outlets. Established in 1992, the company maintains its headquarters in Shanghai, PRC.

Zhe Jiang Li Zi Yuan Food Co.,Ltd. operates in China, focusing on the research, development, manufacturing, and distribution of a diverse range of beverages, notably including milk and other drink categories. The company offers an extensive product portfolio organized into six distinct series: milk beverages, dairy products, vegetable protein beverages, composite protein beverages, fruit juice beverages, and cereal-based drinks. Established in 1994, its main corporate office is situated in Jinhua, China.