About YOURAN DAIRY Company

The Company was listed on the Main Board of the Stock Exchange on June 18, 2021 (stock code: 9858.HK). The Group is a leader in the upstream dairy market in China. Its business completely covers the entire upstream dairy industry chain from breeding to feed to raw milk production, and has achieved leading positions in various business segments. As of December 31, 2023, the Group has operated 91 large-scale modern ranches, 15 feed production bases, 15 grassland production bases, 3 world-leading dairy cow core breeding bases and 1 animal husbandry industry chain online platform “Jumucheng Technology”. It has about 0.583 million heads of cows. In the year ended December 31, 2023, the Group produced about 3.02 million tons of high-quality fresh milk and specialty fresh milk. Among them, specialty fresh milk is in juanshan milk, DHA milk, A2 milk, organic milk, organic A2 milk, selenium-enriched milk and million-rich milk. On the basis of organic Juanshan milk and other categories, the field of goat milk was also laid out. During the reporting period, some dairy goats in the Group have already begun producing lambs, and will further enrich the specialty fresh milk category matrix after full production and operation. The Group produces nearly 1.185 million tons of concentrated feed products for dairy breeds such as beef cattle, sheep, dairy goats, camels and yaks. Through an online platform and 27 offline dairy supermarkets, it provides more than 5,000 kinds of breeding consumables covering the farm's core business operations; the Group's sales volume of breeding products such as high-quality dairy cows, beef cattle normal freeze, sex controlled freezing sperm and sex controlled embryos reached 1.369 million doses (pieces). Among them, embryo sales increased 270.0% over 2022, making it the earliest large-scale commercialized production and large-scale production of domestic products. Apply sex control in high-yielding dairy cows One of the dairy cow breeding enterprises for embryos. The Group will comprehensively enhance the value of science and technology, commit to leading the Chinese animal husbandry industry with high-quality development, and always strive to produce and provide high-quality products, technology and services, improve overall competitiveness, return the love of customers and shareholders for the Group with high-quality products and excellent results, and make greater contributions to the health, low carbon and sustainable development of the Chinese dairy industry.