As a national enterprise, COFCO has strong strength and competitiveness. Although Mengniu is also developing strongly at present, it is the top dairy industry in the world 19. However, if you want to be a hundred-year-old Mengniu, you still have to rely on the state. COFCO did not take over, but took a stake in Mengniu. The share of stocks is the largest. This development path of combining private enterprises with state-owned enterprises is an important guarantee for the future development of a fast-growing enterprise.