Xinjiang Tianrun Dairy receives over 12m yuan in government subsidies

On December 9, 2025, Xinjiang Tianrun Dairy Company Limited and its subsidiaries received government subsidies totaling 12,493,410.92 yuan.

Of this total, 8,635,710.92 yuan were identified as income-related government subsidies, representing 19.78% of the company's 2024 audited net profit attributable to shareholders. The remaining 3,857,700.00 yuan were asset-related government subsidies, accounting for 0.16% of the company's 2024 audited net assets attributable to shareholders.

Xinjiang Tianrun Dairy expects these government subsidies, recognized in accordance with Accounting Standard for Business Enterprises No. 16—Government Subsidies, to increase its 2025 net profit attributable to shareholders by 8,220,600.00 yuan. The company cautions investors that this information is unaudited, and the final accounting treatment and impact on company earnings will be determined by the annual audit.