Muyuan Foods’ H-share listing nears Hong Kong Stock Exchange review

Muyuan Foods Co., Ltd. is actively pursuing an overseas listing of H-shares on the Main Board of The Stock Exchange of Hong Kong Limited ("Hong Kong Stock Exchange"). The company's application for this issuance and listing underwent a hearing with the Hong Kong Stock Exchange on December 4, 2025.

On December 5, 2025, the joint sponsors for Muyuan Foods' offering received a letter from the Hong Kong Stock Exchange. This letter indicated that the Listing Committee had reviewed the company's listing application. However, it explicitly stated that this communication does not constitute a formal listing approval, and the Hong Kong Stock Exchange reserves the right to seek further opinions on the application.

The successful issuance and listing of Muyuan Foods' H-shares remain subject to final approvals from relevant regulatory bodies, including the Securities and Futures Commission of Hong Kong and the Hong Kong Stock Exchange. The company emphasized that this matter carries inherent uncertainties and committed to timely disclosure of progress. Investors are advised to be aware of the investment risks involved.