GUANGXI BAIFEI DAIRY CO., LTD. Baifei Luoranks No.1 Nationwide! Baifei Dairy Targets "Hong Kong’s First Buffalo Milk Listing"
NewTimeSpace News: Guangxi Baifei Dairy Co., Ltd. submitted its listing application to HKEX on 22 July, with GF Securities acting as sole sponsor. The Company is a leading Chinese buffalo dairy player. Its core brand Baifei Luoranks No.1 in China’s buffalo dairy industry with a 30.1% market share. According to Frost & Sullivan, the Group commands a 31.0% share of liquid buffalo milk market, 31.8% of ambient liquid buffalo milk market and 39.1% of online liquid buffalo milk sales, claiming top position in all three segments.
NewTimeSpace News: Guangxi Baifei Dairy Co., Ltd. filed its listing application with The Stock Exchange of Hong Kong Limited on 22 July 2026, with GF Securities appointed as sole sponsor.
The Company is a leading Chinese buffalo dairy enterprise strategically focused on buffalo dairy products, evolving into a national industry leader with diversified product portfolio and integrated supply chain operations. Its flagship brand Baifei Luoranks first in China’s buffalo dairy sector, capturing 30.1% market share.
It is among China’s first operators running integrated value-chain business for buffalo dairy products, covering upstream breeding & dairy development, advanced processing and omni-channel distribution. The Group is also a pioneer transforming buffalo milk from regional specialty into a nationwide dairy category. Revenue achieved a compound annual growth rate of 22.7% from 2023 to 2025, outperforming the industry average significantly.
The Group has built a differentiated brand matrix led by Baifei Luo, supplemented by Chunfei and Baixiaofei. Its product portfolio spans five core categories: sterilised milk, formulated milk, pasteurised milk, milk beverages and fermented milk.
Per Frost & Sullivan statistics measured by 2025 retail sales and other key metrics: the Company ranks No.1 in liquid buffalo milk (31.0% share), ambient liquid buffalo milk (31.8% share) and online liquid buffalo milk sales (39.1% share). Based on consumer survey conducted in July 2026, Baifei Luo takes the top spot among China’s liquid buffalo milk brands in terms of consumer awareness, purchase penetration and customer satisfaction.
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