Research Report Insights | Wanlian Securities: Initiated coverage of Miaoclouduo with an “Outperform” rating, citing cost reduction and revenue growth from domestically produced cheese and growth driven by import substitution.

Wanlian Securities' research report noted that Miaocblue (Miaoke Landuo) is reducing costs and increasing revenue in its natural cheese segment, with domestic substitution driving growth. The company is China's leading cheese producer. In recent years, its collaboration with Mengniu has deepened continuously, and leveraging Mengniu’s support, it has gradually reduced its reliance on B2C cheese sticks and entered a dual-engine growth phase driven by both B2B and B2C segments. As the company scales up its natural cheese production capacity, it is well-positioned to accelerate the domestic substitution of natural cheese, while simultaneously achieving high revenue growth in its B2B cheese business and an improvement in gross margins across its cheese operations. Additionally, in January 2026, the company announced an impairment loss of RMB 119 million to RMB 127 million related to the fair value of assets held through merger funds and equity investments. This matter

Gelonghui FinanceJun 4 14:22 · Ratings

Miaokelando (600882) Initiation Coverage: Cost Reduction and Revenue Growth from Natural Cheese; Domestic Substitution Drives Expansion

Investment Highlights: Company Profile: The company's predecessor was established in 2001 and went public in 2016 through acquisitions and asset swaps. In 2018, the company launched its toC cheese stick product, after which its performance grew rapidly.

Wanlian SecuritiesJun 3 14:27

Miaoke Landuo (600882): Comprehensive Upgrade of Product Portfolio with Dual-Engine Growth Strategy Targeting Both B2B and B2C Segments

After several years of consolidation and accumulation, the company has begun transitioning from a single-product driver—cheese sticks—to a full-category growth model, with simultaneous expansion on both B2B and B2C fronts. Revenue and profits are expected to re-enter an upward trajectory over the next three years. Furthermore, following the integration of Mengniu Cheese, the company is well-positioned to leverage Mengniu’s strengths.

China Post SecuritiesJun 2 00:00

Express News | Miaoke Landuo: Senior management collectively purchased shares worth RMB 1.4233 million.

BreakingsJun 1 17:34

Dairy stocks on the A-share market rose, with West Animal Husbandry up over 8% and Knight Dairy up over 5%.

Gelonghui, May 29 — Dairy stocks in the A-share market gained strength, with West Animal Husbandry rising over 8%, Knight Dairy up more than 5%, Milkland, Yiming Food, and Huangshi Group advancing over 4%, Yili Industrial Group, New Hope Dairy, Chacha Food, and Panda Dairy increasing by more than 3%, and Liziyuan, Pinwhale Food, Bright Dairy, Qingdao Food, and Vivi Holdings rising over 2%.

Gelonghui FinanceMay 29 11:16

Miaoke Landuo (600882) Q1 2026 Earnings Commentary: Dual B/C-Channel Strategy Drives Revenue Growth Improvement and Sustains Profitability

Miaokelando reported total operating revenue of RMB 1.626 billion in Q1 2026 (up 31.81% year-over-year); net profit attributable to shareholders was RMB 755.58 million (down 8.3% year-over-year), and net profit excluding non-recurring gains and losses was RMB 639.814 million (year-over-year

Changjiang SecuritiesMay 22 07:32