Exhibiting at FOOD INGREDIENTS CHINA 2025

Panda Dairy Corporation, headquartered in Wenzhou, China, is a prominent dairy manufacturer with a rich legacy in the production of condensed milk and diversified dairy innovations. Established in 1956 and restructured as a joint-stock company, Panda Dairy has become one of China's leading dairy product suppliers, known for its iconic brand Panda and its specialization in condensed milk, cheese, and value-added dairy-based snacks. With over six decades of market presence, the company combines traditional expertise with modern processing technology to meet global quality standards and consumer preferences.

Core Business and Product Offerings

Panda Dairy Corporation offers a diverse portfolio of dairy products across the following categories:

• Condensed Milk
  • Sweetened Condensed Milk
  • Evaporated Milk
• Cheese Products
  • Cheese Cream
  • Mozzarella Cheese
  • Cheese Slices
• Coconut Products
  • Coconut Milk
  • Coconut Milk Sticks
• Cream Products
  • Light Cream
• Other Dairy-Based Snacks
  • Cheese Popcorn
  • Cheese Sticks
  • Cheese and Seaweed Sandwiches

These products are marketed for both industrial applications (such as bakery and food service) and direct consumer retail, including exports to Southeast Asia, the Middle East, and other international markets.

Specialization and Core USP

Panda Dairy’s core strength lies in its legacy expertise and technical mastery of condensed dairy products, especially:

• Sweetened condensed milk, for which Panda Dairy holds one of the highest market shares in China
• Advanced dairy processing and sterilization technologies ensuring long shelf life and stable quality
• Strong R&D capabilities, enabling product innovation in cheese snacks, flavored creams, and dairy-based confectionery
• Heritage brand value, with “Panda” recognized as a trusted national dairy brand with broad retail reach

Its vertically integrated production processes allow consistent quality, supply chain efficiency, and flexibility in OEM/private label manufacturing.

Financials and Shipment Data

Though exact financials are not disclosed, available data highlights significant operational scale:

• Listed on the National Equities Exchange and Quotations (NEEQ) (Stock Code: 837933), supporting transparency and shareholder accountability
• Documented exports to more than 20 countries, particularly across Asia, the Middle East, and Africa
• Production capacity includes over 80,000 tons of condensed milk and dairy products annually
• Regular partnerships with food manufacturers and supermarkets indicate strong B2B and B2C sales channels

The company's consistent expansion in export markets underscores its competitive pricing, reliable logistics, and compliance with international food safety regulations.

Target Market

Panda Dairy serves a wide customer base:

• Food processors (bakeries, beverage manufacturers, confectionery producers)
• Retail consumers via supermarkets, online platforms, and convenience stores
• International distributors and importers of dairy and shelf-stable foods
• Food service businesses using condensed milk and cream in recipes and beverages

The company appeals especially to buyers looking for high-quality, shelf-stable dairy ingredients suitable for tropical climates and extended distribution timelines.

Capabilities and Infrastructure

Panda Dairy Corporation operates multiple advanced processing facilities across China with features including:

• High-capacity milk concentration and canning lines
• Cheese and cream processing lines using European-imported equipment
• In-house packaging design and manufacturing capabilities
• Cold chain and ambient logistics systems for domestic and international shipment

R&D labs continuously work on new dairy-based snack products and formulation improvements, while QC labs ensure full compliance with Chinese and export market standards.

Certifications and Compliance

Panda Dairy Corporation maintains a robust compliance framework, adhering to domestic and international standards such as:

• ISO 22000 Food Safety Management System
• HACCP certification
• QS certification (China Food Production License)
• Halal Certification
• Product registrations and documentation support for overseas markets including the Middle East and ASEAN regions

Each batch undergoes strict microbiological, chemical, and functional quality assurance testing to meet consumer and regulatory expectations.

Customer Testimonials

While public testimonials are limited, the company's enduring partnerships with national retail chains, international distributors, and food service clients reflect high levels of trust, satisfaction, and long-term collaboration. The “Panda” brand enjoys a reputation for reliability, taste consistency, and nostalgic brand value in Chinese and export markets alike.

Major Achievements

• Recognized as one of the top condensed milk producers in China
• Successfully diversified into cheese and coconut-based dairy products catering to modern snack trends
• Listed on the NEEQ, affirming corporate governance and public accountability
• Exported to over 20 international markets, contributing to China’s dairy product visibility abroad
• Developed innovative cheese snacks and hybrid dairy confectionery products, meeting the demand of younger and health-conscious demographics

Panda Dairy Corporation remains a cornerstone in China’s dairy industry, blending tradition, innovation, and global quality standards to deliver value-added dairy products to consumers and industries around the world.