About AUSNUTRIA Company

Aoyou Dairy Co., Ltd. (“Aoyou” for short or the “Company” and its subsidiary “Group”; stock code: 1717.HK) is an international high-end dairy and nutritional products enterprise with a complete raw milk collection business chain, R&D, production and final market sales. The Company's global sales and service network covers the People's Republic of China (“PRC”), North America, Europe, Russia, Australia, the Middle East and other regions. The company was founded in Changsha City, Hunan Province, China in September 2003, and listed on the Hong Kong Stock Exchange Limited in October 2009, becoming the first mainland Chinese infant formula company listed in Hong Kong, China. Australia has adopted a long-term strategy to steadily expand its position as an international company. In 2011, it acquired Ausnutria Hyproca BV (previously known as “Hyproca Dairy Group BV”), a dairy company with over 100 years of history in the Netherlands. In 2014, it began investing in and building Pluto and Hector plants, also in the Netherlands. In 2016, it acquired Australian nutritional products company Nutrition Care and jointly invested with Westland (a New Zealand dairy company) to establish a PNL plant. In 2017, it bought ADP and OzFarm in Australia. In October 2018, Australia introduced CITIC Agricultural Fund as the company's largest shareholder. Currently, Ausnutria has ten factories around the world, including two in China, five in the Netherlands, two in Australia, and one in New Zealand. They offer a diverse product portfolio that includes infant formula, toddler formula, adult formula, liquid milk, and other nutritional products.