Xinjiang Western Animal Husbandry Q4 2024: acquisition completed, leadership changes

Xinjiang Western Animal Husbandry (SZSE:300106) released its Q4 2024 continuous supervision report, confirming the completion of the acquisition by Xinjiang Tiand Biological Co., Ltd. The acquisition involved the transfer of 88,378,171 shares (41.82% stake) from Shihezi State-owned Assets Operating (Group) Co., Ltd. to Tiand Biological. The transfer, concluded in August 2024, resulted in a change of controlling shareholder. The company reported no major investments, asset sales or purchases, or adjustments to its core business during Q4. Several leadership changes occurred: directors Wang Wei and Niu Hong, and supervisor Sun Lihong resigned. Independent director Song Liang also resigned due to term limits. Cui Dengfeng was nominated as a new independent director candidate. Routine related party transactions, primarily for the purchase of raw milk and sale of feed, occurred within approved limits.