Sanyuan Group is a state-owned group of companies based on agriculture and animal husbandry in China. It consists of 12 state farms, 20 professional companies, 41 transnational joint ventures, 3 overseas subsidiaries and 1 public company as Beijing Sanyuan Foods, which is listed in Shanghai Stock Exchange.[1]
Sanyuan Foods
Phoenix Television was quoted as saying Sanyuan Foods was chosen by Beijing Olympic Committee at the last minute as the sole supplier of milk and dairy products for both the 2008 Summer Olympics and the 2008 Summer Paralympics. The original supplier of dairy products to the 2008 Beijing Olympic was Yili Group, but Yili was dropped when its products failed quality tests.[2] After Sanyuan Foods' products were cleared in the nationwide test for melamine, its share price surged 10 percent, a jump of 52% in 5 days.
Independent media have reported that during the 2008 Beijing Olympics[3]