執行人員接獲依據香港《公司收購及合併守則》規則 22 作出以下的證券交易的披露： | 交易方 | 日期 | | | 有關證券的 | 產品說明 | 交易性質 | 與衍生工具有關 | 到期日或清結日 | | | 已支付／已收 | 交易後數額（包括 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | 說明 | | | 的參照證券數目 | | | | 取的總金額 | 與其訂有協議或 | | | | | | | | | | | | | | | 達成諒解的任何 | | | | | | | | | | | | | | | 人士的證券） | | | CITIC Securities | 2026 | 年 | 1 月 | 衍生工具 | 其他類別產品 | 更改衍生工具 | 317,000 | 2026 年 1 | 月 26 | $0.3938 | $124,834.6000 | | 0 | | International Capital | 26 日 | | | | | | | 日 ...

Core Viewpoint - China Shengmu (01432) experienced a stock price increase of 14.49%, currently trading at HKD 0.395, with a trading volume of HKD 29.1831 million. This surge is linked to a potential conditional cash offer from Modern Dairy, represented by CITIC Securities, to acquire all issued shares of China Shengmu, excluding those already owned or agreed to be acquired by Modern Dairy and Start Great Holdings Limited [6]. Group 1 - The announcement on January 19 indicates that the cash offer is contingent upon the completion of a share purchase agreement, which must meet certain preconditions and be finalized before the deadline [6]. - As of the announcement date, aside from the conditions listed in the share purchase agreement, other preconditions have not yet been met or waived [6]. - Modern Dairy has received approval from independent shareholders for the related transaction, although the announcement emphasizes that the offer remains a potential conditional cash offer, with uncertainties surrounding the completion of the share purchase agreement and the offer itself [6].

Group 1 - China Aluminum International (02068) saw a mid-day increase of over 2.4% after announcing a joint venture to undertake a new electrolytic aluminum project with an annual capacity of 394,000 tons, with the first phase set at 294,000 tons [1] - CGN Mining (01164) rose over 8.3% following the submission of a preliminary prospectus for a trust that plans to issue up to $2 billion in transferable, non-redeemable trust shares over 25 months, with annual uranium procurement not exceeding 9 million pounds [1] - China Shengmu Organic Milk (01432) increased nearly 6% after a joint announcement regarding a potential conditional cash offer to acquire all issued shares of the company [1] Group 2 - Yijun Group Holdings (02442) surged over 18%, with a cumulative increase of nearly 500% since its resumption of trading in December, following the sale of shares by its controlling shareholder [2] - China Rare Earth Holdings (03788) rose over 10%, reaching a historical high of 5.49 HKD, after announcing the termination of its gold spin-off plan to focus on gold business [2] - Laopuqin Gold (06181) increased over 7.3% as consumer demand is expected to rise during the upcoming Spring Festival, driven by higher gold prices and anticipated price increases [2] Group 3 - Oil stocks continued to rise, with CNOOC (02883) up 4.19%, Sinopec (00386) up 2.54%, and PetroChina (00857) up 3.68%, amid escalating geopolitical tensions in Iran and Cuba [3] - Changfei Optical Fiber (06869) saw a rise of over 15.4% due to significant price increases and supply tightness in the G.652.D optical fiber market, with major manufacturers unable to meet their own orders [3] Group 4 - Nanshan Aluminum International (02610) increased over 2.6% after announcing plans to start construction on a 250,000-ton electrolytic aluminum project in 2026, with an investment of $437 million [4] - Xindong Company (02400) saw a slight increase of 0.43% as its mobile game "Xindong Town" surpassed 10 million downloads, indicating strong user growth [4] Group 5 - EquipmentShare.com (EQPT.US) debuted on the US stock market with an IPO price of $24.5, closing up 32.9% on its first day [5] - The solar energy sector saw initial gains, with JinkoSolar (JKS.US) up 9.03% and Canadian Solar (CSIQ.US) up 4.57%, following discussions at the Davos Forum [5] - Silver-related stocks experienced gains, with First Majestic Silver (AG.US) rising 5.04% as spot silver prices surpassed $100 [5] Group 6 - Lithium mining stocks mostly rose, with Sigma Lithium (SGML.US) up 17.54% after announcing additional sales of high-purity lithium powder [6] - Bank stocks declined, with Goldman Sachs (GS.US) down 3.75% amid legal issues involving President Trump and JPMorgan [6] - Redwire (RDW.US) increased by 4.51% following comments from Elon Musk about SpaceX's plans for reusable rocket technology [6] Group 7 - Semiconductor stocks showed strength, with AMD (AMD.US) up 2.35% and Nvidia (NVDA.US) up 1.53%, as Nvidia's CEO visited China to discuss future plans [7] - Ericsson (ERIC.US) rose 8.87% after reporting strong fourth-quarter earnings, with adjusted EBITA reaching 12.7 billion SEK, a 24% increase year-over-year [8] - Intel (INTC.US) fell 17.03% due to disappointing performance outlooks and manufacturing issues [8]

Group 1 - The core point of the article is that China Shengmu (01432) experienced a nearly 6% increase in stock price, reaching HKD 0.365, with a trading volume of HKD 9.77 million [1] - On January 19, Modern Dairy and China Shengmu jointly announced a potential conditional cash offer by CITIC Securities to acquire all issued shares of China Shengmu, excluding those already owned or agreed to be acquired by Modern Dairy Holdings and Start Great Holdings Limited [1] - The offer is contingent upon the completion of a share purchase agreement, which must meet certain conditions and be finalized before the deadline [1] Group 2 - As of the announcement date, aside from the conditions listed in the share purchase agreement, other prerequisite conditions have not been met or waived [1] - Modern Dairy Holdings has received approval from independent shareholders for the related transaction [1] - The announcement emphasizes that the offer is only a potential conditional cash offer, and both the completion of the share purchase agreement and the submission of the offer carry uncertainties [1]

Group 1 - The core point of the article is that China Shengmu (01432) experienced a nearly 6% increase in stock price, reaching HKD 0.365, with a trading volume of HKD 9.77 million [1] - On January 19, Modern Dairy and China Shengmu jointly announced a potential conditional cash offer by CITIC Securities to acquire all issued shares of China Shengmu, excluding those already owned or agreed to be acquired by Modern Dairy Holdings and Start Great Holdings Limited [1] - The offer is contingent upon the completion of a share purchase agreement, which must meet certain conditions and be finalized before the deadline [1] Group 2 - As of the announcement date, aside from the conditions listed in the share purchase agreement, other prerequisite conditions have not yet been met or waived [1] - Modern Dairy Holdings has received approval from independent shareholders for the related transaction [1] - The announcement emphasizes that the offer is only a potential conditional cash offer, and both the completion of the share purchase agreement and the offer itself carry uncertainties [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本聯合公告的內容概 不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本聯合 公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何 責任。 本 聯 合 公 告 僅 供 參 考，並 不 構 成 收 購、購 買 或 認 購 現 代 牧 業 控 股 或 中 國 聖 牧 證 券 的 邀 請 或 要 約，亦 不 在 任 何 司 法 權 區 構 成 任 何 投 票 或 批 准 的 招 攬。本 聯 合 公 告不會於或向構成違反相關司法權區相關法律的任何司法權區發佈、刊發或派發。 （於開曼群島註冊成立的有限公司） 中 信 證 券（香 港）有 限 公 司 現代牧業控股獨立董事委員會的獨立財務顧問 新百利融資有限公司 中國聖牧獨立董事委員會的中國聖牧獨立財務顧問 China Modern Dairy Holdings Ltd. China Shengmu Organic Milk Limited 中國現代牧業控股有限公司 中國聖牧有機奶業有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1117） （股份代號：1432） 聯合公告 有 關 中信 ...

Group 1 - The core viewpoint of the report is that the policy strengthening the "meat and milk resonance" logic is favorable for the reversal of the raw milk cycle, with rising beef prices improving cash flow from cattle sales and indicating a potential turning point in the raw milk cycle by 2026 [1] - The Ministry of Commerce announced safeguard measures for imported beef, which will be implemented from January 1, 2026, to December 31, 2028, involving country-specific quotas and an additional 55% tariff on imports [2] - The combination of quotas and tariffs is expected to tighten the overall beef import market, impacting supply and supporting beef prices [2] Group 2 - Domestic beef and beef prices have been strengthening since 2025, primarily due to tightened import policies and ongoing reductions in domestic cattle inventory, leading to a sustained supply constraint [3] - The import quotas for beef from 2026 to 2028 are set at 2.688 million tons, 2.742 million tons, and 2.797 million tons respectively, representing a 6% reduction compared to the 2024 import volume of 2.87 million tons [3] - The combination of quotas and tariffs is expected to support beef prices by restricting both supply and price dynamics in the market [3]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 中國聖牧有機奶業有限公司 呈交日期: 2026年1月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01432 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 30,000,000,000 | HKD | | 0.00001 | HKD | | 300,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 30,000,000,000 | HKD | | 0.00001 | HKD | | 300,000 | 本月底法定 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不對因本公告全部或任何部分內容而產生或因倚賴該等內容 而引致的任何損失承擔任何責任。 CHINA SHENGMU ORGANIC MILK LIMITED 中國聖牧有機奶業有限公司 （於開曼群島註冊成立的有限公司） – 1 – 中銀國際信託（香港）有限公司（本公司股份獎勵計劃所委任的受託人），於股東特別 大會日期持有股份獎勵計劃項下尚未歸屬的股份58,269,527股，已根據上市規則第 17.05A條，就通告所載的全部決議案放棄投票。概無人士於通函中表明其擬就股東 特別大會的任何決議案投反對票或放棄投票。 除上文所披露者外，概無股東須於股東特別大會上就任何決議案放棄投票，亦無任 何股份賦予持有人權利出席股東特別大會但根據上市規則第13.40條所載須於股東 特別大會上就任何決議案放棄投贊成票。 因此，賦予持有人權利出席股東特別大會並就有關二零二六年生鮮乳供應框架協議 的決議案，以及有關二零二六年大北農產品及服務供應框架協議的決議案投票的股 份總數，分別為5,809,847,147股及7,02 ...

Group 1 - The core viewpoint of the article highlights a significant decline in Hong Kong food stocks, with several companies experiencing notable drops in their share prices [1] Group 2 - China Wangwang (00151.HK) saw a decline of over 6% [1] - Zhou Hei Ya (01458.HK) experienced a drop of over 4% [1] - Other companies such as Master Kong Holdings (00322.HK), Ausnutria Dairy Corporation (01717.HK), China Feihe (06186.HK), China Shengmu Organic Milk (01432.HK), and Mengniu Dairy (02319.HK) all fell by more than 1% [1]