Milk New Zealand Dairy Limited and Theland Farm Group were originally fully owned subsidiaries of Hunan Dakang International Food and Agriculture Co., Ltd., itself part of  Shanghai Pengxin Group Co Ltd.

In 2017, Milk New Zealand Dairy Ltd. was restructured to became a fully owned subsidiary of  Theland New Cloud Digimart (Shanghai) Limited.

In December 2017, Alibaba Group and its founder's capital venture company became majority shareholders (57%) of Theland New Cloud Digimart (Shanghai) Ltd, with Hunan Dakang International Food and Agriculture Limited remaining a minority shareholder (33%).

HawkeSpring is a brand of Milk NewZealand Dairy Ltd, dedicated in producing natural artesian water from the Heretaunga aquifier in the Hawkes Bay of New Zealand.