Articles by 王永锋

Dairy Industry Deep Report: Policy Dividends Highlighted, Turning Point for Milk Powder Industry Has Arrived

This report from GF Securities' Food & Beverage team, authorized for distribution by New Distribution, analyzes the infant formula market. It highlights the policy dividends from the new registration system and cross-border e-commerce regulations, which are expected to consolidate the market and benefit domestic leading brands. The report recommends leading domestic players such as Biostime, Beingmate, and Yili.