董事會欣然宣佈，於2026年3月26日，合資聯合體（「合資聯合體」）與賣方訂立協 議，據此，合資聯合體同意收購目標公司100%股權，代價為人民幣20百萬元。於 2026年3月30日，合資聯合體已向賣方支付所需的人民幣20百萬元。 收購事項 合資公司A與合資公司B於2026年2月27日組成合資聯合體，並於2026年3月12日 就收購目標公司100%股權遞交投標，其中合資公司A收購60%，合資公司B收購 餘下40%。合資聯合體於2026年3月19日收到中標通知書。 協議 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，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴 該等內容而引致的任何損失承擔任何責任。 AustAsia Group Ltd. 澳亞集團有限公司 * （於新加坡共和國註冊成立的有限公司） （股份代號：2425） 自願性公告 收購目標公司股權 本公告由董事會按自願基準作出，旨在讓本公司股東及潛在投資者了解本集團的 最新業務發展。 訂約方：合資聯合體（作為買方）、賣方（作為賣方）、目標公司（作為目標公司） 標的事項：根據協議，合資聯 ...

Financial Performance - The company reported a revenue of approximately RMB 3,467.9 million for the year ended December 31, 2025, representing a decrease of 5.9% compared to RMB 3,683.8 million in 2024[5]. - Gross profit increased by 29.2% to RMB 634.3 million in 2025, up from RMB 491.0 million in 2024[6]. - The net loss attributable to the company's owners was approximately RMB 750.6 million, a significant reduction of 40.9% from RMB 1,269.3 million in the previous year[5]. - Cash EBITDA for the year was RMB 708.7 million, marking a 38.1% increase from RMB 513.3 million in 2024[5]. - The company reported a pre-tax loss of RMB 731,488 for 2025, compared to a pre-tax loss of RMB 1,250,511 in 2024[29]. - The company reported a net loss of RMB 750.6 million for the year ended December 31, 2025, compared to a net loss of RMB 1,269.3 million in 2024, representing a 40.8% improvement[73]. - Cash flow forecasts for the next twelve months have been reviewed, and the board believes the group will have adequate working capital to meet its financial obligations[15]. Production and Operations - The average annual milk production per cow reached a record high of 14.1 tons, reflecting a 0.7% increase from 14.0 tons in 2024[6]. - The total raw milk production reached 40.91 million tons in 2025, representing a year-on-year growth of 0.3%[42]. - The company operates 11 large-scale modern dairy farms with a total cow inventory of 112,172 heads as of December 31, 2025, down from 122,251 heads in 2024[49]. - The beef business recorded a turnaround in gross margin from negative to positive due to decreased feed costs and increased selling prices[52]. - The company has successfully implanted 21,689 in vitro fertilization embryos in the reporting year, enhancing its breeding program[54]. Assets and Liabilities - The company's total assets decreased to RMB 8,835.1 million from RMB 9,872.1 million in 2024[9]. - Current liabilities decreased to RMB 3,058.9 million from RMB 3,642.1 million in 2024, indicating improved liquidity[10]. - The company's equity attributable to owners decreased to RMB 3,335.3 million from RMB 3,807.5 million in 2024[10]. - As of December 31, 2025, the group's net current liabilities amounted to approximately RMB 905 million, with total bank borrowings of RMB 2,925 million, of which RMB 1,875 million is due within one year[14]. - The company’s capital debt ratio as of December 31, 2025, is 131%, slightly up from 130% in 2024, with total debt amounting to RMB 4,355.3 million[83]. Market and Industry Trends - The national stock of Holstein cows decreased by 3% to approximately 5.9 million heads in 2025, compared to 6.1 million heads in 2024[42]. - The Ministry of Agriculture and Rural Affairs issued policies to enhance the quality of the dairy industry, focusing on facility upgrades and green breeding technologies[43]. - By 2030, the per capita consumption of dairy products in China is expected to reach 47 kg, indicating a growth potential of 16.1% from 40.5 kg in 2024[43]. - The national average wholesale price for live cattle was RMB 27.54 per kilogram in 2025, a decrease of 1.0% year-on-year, showing a significant narrowing of the decline compared to 20.0% in 2024[45]. Financial Management and Strategy - The board has implemented measures to improve liquidity, including increasing the production and quality of raw milk and negotiating better sales prices with customers[14]. - The group is actively pursuing financing measures to ensure sufficient funding from financial institutions and shareholders in the foreseeable future[17]. - The company plans to upgrade its beef business and expand high-end sales channels, capitalizing on the growing demand for high-quality beef products in China[89]. - The company aims to enhance its genetic breeding technology and feed operations to improve internal integration and operational efficiency[90]. - The company is committed to maintaining its leading position in China's dairy and beef farming sectors through effective cost management and genetic improvement programs[92]. Shareholder and Governance - The board decided not to recommend a final dividend for the year ending December 31, 2025[102]. - The independent auditor confirmed that the financial statements accurately reflect the company's financial position as of December 31, 2025[110]. - The audit committee has been established in accordance with Listing Rule 3.21 and is responsible for reviewing and supervising the group's financial reporting procedures and internal control systems[112]. - The company expresses gratitude to shareholders, customers, and business partners for their support, acknowledging the contributions of management and employees to the group's ongoing development[114].

AustAsia Group Ltd. 執行董事兼行政總裁 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份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 AustAsia Group Ltd. 澳亞集團有限公司 * （於新加坡共和國註冊成立的有限公司） （股份代號：2425） 董事會會議召開日期 澳亞集團有限公司*（「本公司」，連同其附屬公司統稱「本集團」）的董事會（「董事 會」）茲宣佈謹定於2026年3月27日（星期五）舉行董事會會議，以（其中包括）考慮 及通過本集團截至2025年12月31日止財政年度的全年業績及其發佈，以及處理任 何其他事項（如有）。 承董事會命 Edgar Dowse COLLINS 香港，2026年3月12日 於本公告日期，董事會包括執行主席陳榮南先生、執行董事兼行政總裁Edgar Dowse COLLINS先生及執行董事兼首席運營官楊庫先生，非執行董事高麗娜女士 及Gabriella SANTOSA女士，以及獨立非執行董事辛定華先生、張泮先生及李勝 利先生。 * 僅供 ...

Group 1 - The Hong Kong stock market saw a rise in several dairy stocks, with Mengniu Dairy (02319.HK) increasing by 6.29% to HKD 16.06 [1] - China Feihe (06186.HK) experienced a 3.76% increase, reaching HKD 3.86 [1] - Ausnutria Dairy (02425.HK) rose by 3.11%, trading at HKD 2.32 [1] - H&H International Holdings (01112.HK) saw a 1.51% increase, priced at HKD 14.11 [1]

Group 1 - Dairy stocks have seen an increase, with Mengniu Dairy rising by 6.29% to HKD 16.06, China Feihe up by 3.76% to HKD 3.86, Ausnutria increasing by 3.11% to HKD 2.32, and H&H International Holdings gaining 1.51% to HKD 14.11 [1] - The Chinese government has allocated nearly CNY 100 billion in childcare subsidies for this year, aiming to optimize application and review processes for these funds [1] - The government plans to implement pilot programs for childcare service subsidies and develop inclusive childcare services, with an addition of 150,000 inclusive childcare spots nationwide [1]

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: | 2026年2月28日 | 狀態: 新提交 | | --- | --- | --- | | 致：香港交易及結算所有限公司 | | | | 公司名稱: | 澳亞集團有限公司 | | | 呈交日期: | 2026年3月5日 | | | I. 法定/註冊股本變動 | 不適用 | | | 備註： | | | | | 本公司為新加坡註冊成立的有限公司，根據新加坡《公司法》，在新加坡註冊成立的公司並無法定股本，且已發行股份亦無面值的概念。 | | FF301 第 1 頁 共 10 頁 v 1.2.0 FF301 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 減少庫存股份: 普通股 (AA2) 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) 02425 說明 已發行股份（不包括庫存股份）數目 庫存股份數目 已發行股份總數 上月底結存 980,648,356 0 980,648,356 增加 / 減少 (-) 0 0 本月底結存 980,648,356 0 980,6 ...

| 截至月份: | 2026年1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: | 澳亞集團有限公司 | | | | 呈交日期: | 2026年2月5日 | | | | I. 法定/註冊股本變動 不適用 | | | | | 備註： | | | | | | 本公司為新加坡註冊成立的有限公司，根據新加坡《公司法》，在新加坡註冊成立的公司並無法定股本，且已發行股份亦無面值的概念。 | | | FF301 第 1 頁 共 10 頁 v 1.2.0 FF301 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 II. 已發行股份及/或庫存股份變動及足夠公眾持股量的確認 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) 02425 說明 已發行股份（不包括庫存股份）數目 庫存股份數目 已發行股份總數 上月底結存 980,648,356 0 980,648,356 增加 / 減少 (-) 0 0 本月底結存 980,648,356 0 980 ...

Group 1 - The core viewpoint of the news is that the dairy industry is entering a new phase characterized by "structural differentiation," with companies facing performance pressures in 2025 and a slowdown in liquid milk business growth [1] - The market is experiencing a significant shift, with traditional liquid milk consumption declining due to changing consumption scenarios, leading to intense price wars as a survival strategy for companies [1] - High-value segments such as premium milk powder, low-temperature fresh milk, and life-cycle nutrition products are rapidly emerging, creating new growth trajectories for the industry [1] Group 2 - Companies are now competing on a broader scale, moving beyond simple size and price comparisons to a systematic contest involving technology, supply chain, and brand value [1] - The industry is expected to see new development prospects by 2026 amid structural adjustments and transformations [1] Group 3 - In the stock market, dairy stocks in Hong Kong saw a rebound, with Yurun Dairy leading with a nearly 8% increase, followed by Modern Dairy with over 5%, and Australia Asia Group with a 2.3% rise [2] - Other companies such as Original Ecology Dairy, Mengniu Dairy, and China Feihe also experienced gains, albeit smaller, indicating a positive market response [2]

Group 1 - The core viewpoint of the news highlights a rebound in Hong Kong dairy stocks, with significant gains in companies like Yurun Agriculture, Modern Farming, and Australia Asia Group, amidst a challenging performance outlook for the dairy industry in 2025 [1] - The dairy industry is entering a new phase characterized by "structural differentiation," with liquid milk business growth slowing down and intense price competition becoming a survival strategy for companies [1] - High-value segments such as premium milk powder, low-temperature fresh milk, and life-cycle nutrition products are emerging rapidly, creating new growth trajectories for the industry [1] Group 2 - The competitive landscape has shifted from simple scale and price competition to a comprehensive contest involving technology, supply chain, and brand value [1] - Structural adjustments and transformations are expected to lead to new development prospects for the industry by 2026 [1] Group 3 - Specific stock performance includes Yurun Agriculture rising by 7.91% to 4.640, Modern Farming increasing by 5.37% to 1.570, and Australia Asia Group up by 2.30% to 2.670 [2] - Other companies such as Original Ecology Agriculture, Mengniu Dairy, and China Feihe also experienced slight increases in their stock prices [2]

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: | 澳亞集團有限公司 | | | | 呈交日期: | 2026年1月7日 | | | | I. 法定/註冊股本變動 不適用 | | | | | 備註： | | | | | | 本公司為新加坡註冊成立的有限公司，根據新加坡《公司法》，在新加坡註冊成立的公司並無法定股本，且已發行股份亦無面值的概念。 | | | FF301 第 1 頁 共 10 頁 v 1.1.1 FF301 II. 已發行股份及/或庫存股份變動 增加已發行股份（不包括庫存股份）: 普通股 (AA1) 減少庫存股份: 普通股 (AA2) | 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) | 0242 ...