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Milkground and DKSH Hong Kong Announce Strategic Partnership to Bring Cheese Products to Hong Kong

Asia Pacific

Milkground and DKSH Hong Kong Announce Strategic Partnership to Bring Cheese Products to Hong Kong
Asia Pacific

Asia Pacific

Milkground and DKSH Hong Kong Announce Strategic Partnership to Bring Cheese Products to Hong Kong

2026-08-26 21:20 Last Updated At:21:32

HONG KONG SAR – Media OutReach Newswire – 26 August 2026 – Milkground (600882.SH), one of China's leading cheese brands, today announced a strategic partnership with DKSH, a leading partner for companies seeking to grow their consumer goods business in Asia and beyond, to bring a wide range of cheese products to consumers in Hong Kong. The partnership was unveiled at a press conference attended by Milkground President Kuai Yulong and DKSH Vice President, FMCG, Greater China, Hugo Reyes, along with senior executives from both companies.

Milkground and DKSH Hong Kong Announce Strategic Partnership to Bring Cheese Products to Hong Kong

Milkground and DKSH Hong Kong Announce Strategic Partnership to Bring Cheese Products to Hong Kong

With over 160 years of experience helping companies grow across Asia and beyond, DKSH is headquartered in Switzerland and operates in 35 markets, working with more than 500 consumer goods companies and 4,800 business partners to connect them to extensive retail and food services networks across the region.

Hugo Reyes, DKSH Vice President, FMCG, Greater China, said: "Milkground has built a reputation in China for quality, nutrition, and innovation that few dairy brands can match. Consumer habits across Asia are shifting toward convenient and healthy snacking, trusted premium brands and family-oriented food solutions – trends that open up substantial opportunities for Milkground's full range across multiple markets."

The partnership will begin in Hong Kong's retail market, with plans to expand into food services and, over time, other markets across Asia through DKSH's regional network. For Milkground, DKSH was a natural choice: entering a new market takes more than getting products onto shelves – it takes an understanding of local tastes, strong retail relationships, and the patience to build a brand families trust over time, all strengths DKSH brings to the table.

Reyes added that Milkground, backed by Mengniu Group, brings mature industry experience, strong dairy R&D capabilities, and a solid supply chain, giving it a firm base for future category growth. As dairy consumption grows across Asia, he said the two companies see room to expand beyond cheese over time and look forward to exploring that opportunity together.

Kuai Yulong, Milkground President, said: "Hong Kong's energy and openness to the world made it the natural place to start. Hong Kong remains one of Asia's most dynamic and internationally connected consumer markets. For Milkground, our ambition is to become not just a leading Chinese brand, but a name recognised all over the world. Today's launch is the first step of that journey."

Looking ahead, Milkground outlined three priorities for its partnership with DKSH in Hong Kong:

Growing the range: From children to adults, from everyday snacking to the family table, Milkground plans to keep expanding and refining its cheese offerings, so Hong Kong consumers have more ways to enjoy quality cheese – and more households across the city can make it part of daily life.

Listening to the market: Milkground will pay close attention to how Hong Kong shoppers actually buy and use cheese. That feedback will keep shaping everything, from product updates and shelf displays to the in-store experience.

Working hand in hand with DKSH: Both companies plan to work closely, share information openly, and move quickly as they keep improving products, operations, and service together. The aim: happier retail partners and consumers, and a Milkground brand that Hong Kong trusts.

Kuai noted that Hong Kong consumers already have a strong appetite for cheese and well-established habits around it, which makes the city an easier market to enter than most. He sees it as the perfect place to test whether Milkground's products can win over consumers used to international standards, calling it a meaningful proving ground for the brand's broader ambitions.

Hong Kong is also central to Milkground's plans beyond the city. Kuai Yulong outlined the company's three-pronged roadmap for international expansion: first, use Hong Kong as the core to establish a presence across Hong Kong, Macau, Central Asia and Mongolia; second, expand into Southeast Asia, represented by Thailand, Malaysia and Singapore; and third, enter the Middle East, anchored by Saudi Arabia. To date, Milkground has already established a presence in Thailand, Singapore, Vietnam and Mongolia, and has reached a partnership agreement with a leading dairy company in Saudi Arabia.

Kuai further emphasised that overseas business is one of the wings under Mengniu Group's "One Body, Two Wings" strategy. The group's increasingly mature and systematic approach to overseas markets will help Mengniu's international operations scale quickly, while leveraging its core strengths to accelerate global expansion.

Hashtag: #Milkground #DKSH

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About Milkground

Milkground (Stock Code: 600882.SH) is the only A-share listed company in China focused on cheese. Controlled by Mengniu under COFCO, the company operates as a dual-brand cheese platform running both the Milkground and Mengniu Cheese brands. Headquartered in Shanghai, it operates six factories in Fengxian and Jinshan (Shanghai), Tianjin, Hohhot, Changchun, and Jilin, making it one of the mainland's largest cheese producers.

With a global vision, Milkground has assembled an R&D team led by international experts. Backed by Mengniu Group, the company has established a Global Cheese R&D Innovation Center, and introduced world-class production equipment. The company collaborates with cheese makers from Europe and Australia to adopt advanced technologies. Using premium global ingredients and strict quality control across every step, it drives innovation throughout the supply chain to craft each cheese product with care.

Milkground's product range includes Ready-to-Eat Nutrition, Family Cheese, and Foodservice & Industrial series. Its Cheese Sticks and Mozzarella, and Cheese Slices have become best-selling fan favorites.

Guided by a consumer-centered philosophy and craftsmanship in pursuit of excellence, Milkground is committed to making quality cheese a part of every household.

Website:

About DKSH Group

For more than 160 years, DKSH has been delivering growth for companies in Asia Pacific, Europe, and North America across its Business Units Healthcare, Consumer Goods, Performance Materials, and Technology. As a leading Market Expansion Services provider, DKSH offers sourcing, market insights, marketing and sales, e-commerce, distribution and logistics as well as after-sales services, following its purpose of enriching people's lives. DKSH is a participant of the United Nations Global Compact and adheres to its principles-based approach to responsible business. Listed on the SIX Swiss Exchange, DKSH operates in 35 markets with 26,840 specialists, generating net sales of CHF 11.1 billion in 2025.

DKSH Business Unit Consumer Goods focuses on fast moving consumer goods, luxury and lifestyle products, food services, as well as beauty and wellness. With 13,620 specialists, the Business Unit generated net sales of CHF 3.4 billion in 2025.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

Hong Kong SAR - Media OutReach Newswire - 26 August 2026 - MicroBit Capital Management Limited ("MicroBit"), a Hong Kong-based investment manager specialising in virtual assets and frontier technologies, today announced the listing of the MicroBit Bitcoin and Gold Value ETF (HKD Counter: 3002.HK; USD Counter: 9002.HK) on The Stock Exchange of Hong Kong Limited ("HKEX").

MicroBit Group CEO (right 1) and COO (left 1) striking the Gong

MicroBit Group CEO (right 1) and COO (left 1) striking the Gong

The ETF is Hong Kong's first to offer exposure to both bitcoin and gold, offering a diversified approach across two value asset classes.

The Fund combines bitcoin's long-term digital-asset potential with gold's role as a store of value, offering diversified exposure in a single ETF. Gold may help stabilize overall portfolio volatility. The ETF also supports in-kind subscriptions and redemptions in bitcoin, while in-kind bitcoin subscriptions and redemptions provide eligible market participants with added flexibility.

Wilson Fung, Chief Executive Officer of MicroBit Group, said: " We are proud to launch Hong Kong's first Bitcoin and Gold ETF. By combining bitcoin's digital-asset potential with gold's established role as a store of value, the Fund offers investors a forward-looking, diversified allocation tool. This launch marks an important milestone in MicroBit's mission to bridge traditional finance and the Web3 ecosystem."

MicroBit will continue to explore innovative investment solutions and is committed to providing investors with a broader range of innovative and diversified investment tools.

Important Information:

Investment involves risks. Past performance does not represent future performance. The price of the fund may go up or down. Investors may suffer all or significant investment losses. Investors should not make any investment decisions solely based on this information. Please note that the investment risks listed below are not exhaustive. Investors should carefully read the prospectus, product key factsheet and relevant documents before making any investment decisions to understand details including product characteristics, risk factors and distribution policies, and seek for independent financial advice when necessary.

MicroBit Bitcoin & Gold Value ETF (the "Sub-Fund") is a sub-fund of MicroBit Funds Series (Hong Kong) ETF OFC (the "Company"). The investment objective of the Sub-Fund is to seek long-term capital appreciation by providing diversified exposure to both digital and traditional store-of-value assets, namely bitcoin and gold. There can be no assurance that the Sub-Fund will achieve its investment objective.

MicroBit Bitcoin & Gold Value ETF could be subject to certain key risks such as Investment risk; Active investment management risk; Risks relating to bitcoin (including Bitcoin and bitcoin industry risk, Speculative nature risk, Extremely high volatility risk, Unforeseeable risk, Acceptance of bitcoin, Concentration of ownership risk, Fraud, market manipulation and security failure risk, Cybersecurity risks, Potential manipulation of Bitcoin Network risk, Regulatory risk, Internet risk, Fork risk, Virtual Assets' trading platform risk in general and contagion risk, Risk of illicit use, Environment and energy consumption risk, Political or economic crisis risk, etc.); Gold market risk; Futures contracts risks; Bitcoin and gold concentration risk; New product risk; Risks in relation to Virtual Asset Trading Platform(s); Custody risk; Differences in dealing arrangements between Listed and Unlisted Classes of Shares; Differences in cost mechanisms between Listed and Unlisted Classes of Shares risk; Trading risk; Trading hours differences risk; Reliance on market makers risk; Early termination risk; Multi-counter risk.

The above products have been authorized by the Securities and Futures Commission ("SFC"). Authorization by the SFC does not imply official recommendation. This material is for reference only and does not constitute an offer or suggestion of any transaction in any products.

This material is prepared by MicroBit Capital Management Limited and has not been reviewed by the SFC. If you are in any doubt about the content of this material, please refer to the prospectus, product key facts statement and other relevant documents for details, and seek for independent financial advice when necessary.

MicroBit does not guarantee the accuracy, timeliness, completeness, or reliability of the information provided. All materials are presented "as is", without any warranties of any kind, whether express or implied, including but not limited to merchantability, fitness for a particular purpose, or non-infringement. Unless otherwise specified, some of the views and recommendations are compiled by MicroBit based on publicly available data and market experience.

Copyright © 2026 MicroBit Capital Management Limited. All rights reserved.
Hashtag: #MicroBit#Cryptocurrency#Gold#HongKong#ETF#Investment




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The issuer is solely responsible for the content of this announcement.

MicroBit Capital Management Limited

MicroBit Capital Management Limited is a premier Hong Kong-based investment manager specialising in thematic investing across virtual assets and frontier technologies. We are committed to delivering innovative investment solutions to institutional investors, family offices, high-net-worth individuals, and retail investors, empowering them to diversify portfolios and capture the transformative potential of virtual assets and frontier technologies.

MicroBit is licensed by the Securities and Futures Commission of Hong Kong (SFC) for Type 1 (Dealing in Securities), Type 4 (Advising on Securities) and Type 9 (Asset Management) regulated activities, and is subject to additional terms and conditions for Virtual Asset Fund Managers (VAFMs) imposed by the SFC ("VAFM T&Cs"). Welcome to visit our website for further details: .

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