Why Yili’s Sales Expense Ratio Fell to 18.58% Yet Channels Exit – One‑Code Digitalization
Yili’s 2025 annual report shows flat revenue, a 36.8% jump in net profit and a sales‑expense ratio dropping to 18.58%, while the number of distributors fell by 210; the article analyses how one‑code technology dismantles gray‑profit channels, reshapes distributor roles and drives sustainable efficiency gains.
