In the interview Mr Stoner provides a brief look at why he has joined China Dairy Corp's team, discussing his experience and aligned interests with CDC as well as the value proposition CDC holds for shareholders and investors.
Mr Stoner recently joined the board of China Dairy as an Independent Director. Stoner's experience aligns well with the strategic direction of China Dairy, with a wealth of history in the dairy industry.
Mr Stoner was also a member of the New South Wales Legislative Assembly, representing the electorate of Oxley from 1999 to 2015. He has also performed in the role as the Leader of the Nationals NSW (2003 - 2014) and Deputy Premier of NSW and Minister for Trade & Investment, Tourism & Major Events, Small Business, Regional Infrastructure & Services (2011 - 2014).
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About China Dairy Corp Ltd
China Dairy Corporation Limited (ASX:CDC) is a company primarily engaged in the production and wholesale of raw milk and the rearing, breeding and sale of dairy cows in Heilongjiang province, China.
CDC generates revenue through two primary business models:
- the sale of raw milk from cows that are owned by the company; and
- milk sale commissions on the sale of raw milk from cows the company has sold to farmers.
As at 31 December 2016, CDC owned 31,877 cows and partnered with farmers with an additional 21,617 cows from which CDC makes a sales commission on the milk sold.
China Dairy Corp Ltd