IPO with Market Capitalization of $1.9 Billion: China Shengmu Organic Milk Limited
Shengmu Organic Milk is a leader in the Chinese organic milk industry. In 2009, Mr. Fangzhen Sun, founder of China Shengmu Organic Milk Limited, achieved embryonic hybridization of Australia cattle and Chinese cattle. Mr. Tongshan Yao, former CFO of Mengniu Dairy(largest milk producer in China) subsequently joined Shengmu as CEO. After 4 years and 7 months of hard work, Shengmu filed for IPO on Hong Kong Stock Exchange, yielding 27.5 times return on this investment.