Abstract

With the development of the Chinese economy and the continuous improvement of people's living standards, residents in China are expected to increase their consumption of dairy products. Inner Mongolia Yili Industrial Group Co., Ltd., as a leading company in the dairy industry, has consecutively held the top position in the Asian dairy industry for nine years. It is the largest dairy product enterprise in China in terms of scale and product variety and has established an international presence with industrial operations in Asia, Europe, the Americas, and Oceania. This paper primarily focuses on the incentive plans of 2016 and 2019 and analyzes their impact on financial indicators. In the financial aspect, we conduct a comparative analysis from four dimensions: profitability, solvency, operational capability, and growth capability, to highlight the effectiveness of these incentives.

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