Youran Dairy independent shareholders approve financial services framework agreement

China Youran Dairy Group Limited announced today the successful passage of an ordinary resolution at its extraordinary general meeting (EGM) held on September 26, 2025. Independent shareholders approved, confirmed, and ratified the supplemental financial services framework agreement, including revised annual caps, and its associated transactions. The resolution passed with an overwhelming 1,206,874,100 votes in favor, representing approximately 96.50% of the votes cast, against 43,804,200 votes (approximately 3.50%).

As of the EGM date, the total number of issued shares was 3,892,727,833. Yili, through its subsidiaries, held 1,320,800,000 shares, constituting approximately 33.93% of the total issued shares, and was required to abstain from voting due to a material interest. Consequently, 2,571,927,833 shares, representing approximately 66.07% of the total issued shares, were eligible to vote on the resolution by independent shareholders.

Tricor Investor Services Limited, the company's Hong Kong branch share registrar, acted as the scrutineer for the vote-taking. The board confirmed that, with the exception of Mr. Yao Feng and Ms. Huang Lin, all directors attended the EGM either in person or via electronic communication.