China Mengniu Dairy Co., Ltd. (“the Company”; stock code: 2319) and its subsidiaries (collectively, the “Group” or “Mengniu”) mainly produce and sell high-quality dairy products in China. With its main brand Mengniu, Mengniu has become one of the leading producers of dairy products in China. Mengniu offers a diverse range of products, including liquid milk, ice cream, milk powder and cheese products. Mengniu ranked 9th in the 2024 “Global Top 20 Dairy Industry” announced by Rabobank. As of December 31, 2024, the Group has an annual production capacity of about 14 million tons of dairy products. In March 2014, Mengniu was included as a constituent stock of the Hang Seng Index, becoming the first blue chip stock of a Chinese dairy company. Mengniu's MSCIESG rating is AA. It is the highest rating received by a comprehensive dairy company in China, and was selected in the Hang Seng Sustainable Development Enterprise Index, the Hang Seng Mainland and Hong Kong Sustainable Development Enterprise Index, and the Hang Seng Sustainable Development Enterprise Index and the Hang Seng Index ESG Enhanced Select Index.