China Modern Dairy completes CSM stake buy, triggering HK$0.35-a-share offer

• China Modern Dairy completed the purchase of 107,200,000 China Shengmu Organic Milk shares for HK$37,520,000, lifting its combined stake with concert parties above the 30% threshold.
• The acquisition closed on May 22, 2026, taking the combined holding to 2,620,378,555 shares, or about 31.26% of China Shengmu’s issued share capital.
• A cash offer is set to follow for the remaining China Shengmu shares not already owned or agreed to be acquired by China Modern Dairy and Start Great at HK$0.35 per share.
• The offer document is expected to be sent to shareholders on or before May 29, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Modern Dairy Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260522-12168160), on May 22, 2026, and is solely responsible for the information contained therein.