Xinjiang Tianrun Dairy receives significant government subsidy

Xinjiang Tianrun Dairy Co., Ltd. announced on December 27, 2025, that it received a total of CNY 24,360,440.00 in government subsidies on December 26, 2025. These subsidies are all related to income and represent 55.80% of the company's net profit attributable to shareholders of listed companies as audited for the 2024 fiscal year.

The company classifies these subsidies as income-related government grants in accordance with "Accounting Standard for Business Enterprises No. 16 — Government Subsidies." This is projected to increase the company's 2025 net profit attributable to shareholders by CNY 20,618,542.03.

Investors are advised that the specific accounting treatment and the final impact on the company's profit and loss will be subject to the audit confirmation by the auditing firm at the end of the year. The company urges investors to exercise caution regarding investment risks.