Xinjiang Western Animal Husbandry announces financial advisor team change

Xinjiang Western Animal Husbandry Co., Ltd. announced a change in its sustained supervision financial advisor, Debang Securities Co., Ltd. Li Jiayao has resigned as lead sponsor representative due to work changes, with Huang Xiaoluo and Liao Xiaojing continuing in the role. Liao Xiaojing brings extensive experience, having participated in various IPOs, non-public offerings, and major asset restructurings for companies.

This adjustment follows the completion of the transfer of 41.82% of Xinjiang Western Animal Husbandry's shares from Shihezi State-owned Assets to Tiande Biology, making Tiande Biology the controlling shareholder while maintaining Shihezi State-owned Assets Commission as the ultimate controller. Debang Securities' semi-annual sustained supervision report for the first half of 2025 confirmed Tiande Biology's compliance with commitments regarding independence, avoiding horizontal competition, and regulating related transactions.

Additionally, the company held its third extraordinary general meeting on September 12, 2025, where shareholders approved amendments to the "Articles of Association," "Shareholders Meeting Rules," "Board of Directors Meeting Rules," and "Independent Directors Work System." These resolutions passed with significant majorities, including support from minority shareholders.