Yili approves subsidiary capital adjustments, project funding and board changes

Inner Mongolia Yili Industrial Group (SSE:600887) has announced key resolutions passed during its 11th Interim Board Meeting, including capital adjustments for its project subsidiaries, strategies for utilizing raised funds, and changes to its Board committees. The Board approved the reduction of capital in Inner Mongolia Jin Hao Yili Dairy Co., Ltd. by CNY74,900,000.00 and an increase in capital for Duolun County Yili Dairy Co., Ltd. by CNY6,000,000.00. These adjustments are related to the company's strategic focus on intelligent and safe upgrades in its production processes.