中国圣牧：沙漠有机得天独厚绑定蒙牛共享成长

华福证券2025-02-26

投资要点：国内有机原奶龙头，专注上游牧场经营。公司是国内规模最大的有机原料奶生产商，目前蒙牛集团持有公司29.99%股份，是公司最大股东，通过深度绑定下游乳企，一方面能够平抑原奶价格周期给生产经营带来的不确定性，另一方面获得蒙牛的资金资源支持，共享成长。消费升级推动高端有机牛奶市场持续扩容。随着国内人均消费水平逐年提升，个人财富的积累以及新兴中产阶级的崛起将拉动消费升级，为高端有机牛奶的推广提供了...

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中国圣牧：沙漠有机得天独厚 绑定蒙牛共享成长

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中国圣牧：沙漠有机得天独厚绑定蒙牛共享成长