Debon Securities issues Xinjiang western animal husbandry supervision report

Debon Securities Co., Ltd. has released its first-quarter continuous supervision report pertaining to the acquisition of Xinjiang Western Animal Husbandry Co., Ltd. by Xinjiang Tiande Biological Co., Ltd. The report, in accordance with regulatory requirements, covers the period from January 1, 2025, to March 31, 2025, and addresses key areas including major investments, asset transactions, related-party transactions, and changes in management. The report indicates that during the period, Xinjiang Western Animal Husbandry engaged in a related transaction involving the purchase of raw milk from a subsidiary of the Tian Shan Production and Construction Corps, amounting to CNY 5,927,340. The report also notes the election of Cao Linghao as a non-employee representative supervisor. Debon Securities affirms that Tiande Biological is fulfilling its commitments related to maintaining independence from Xinjiang Western Animal Husbandry.