Core Viewpoint - The announcement details the pledge of shares by Hohhot Investment Co., Ltd., which holds 538,535,826 shares of Inner Mongolia Yili Industrial Group Co., Ltd., accounting for 8.51% of the company's total share capital [2][3] Summary of Key Points Share Pledge Details - Hohhot Investment Co., Ltd. has pledged a total of 186,800,000 shares, which represents 34.69% of its total holdings [2][3] - The specific pledge involves 3,510,000 shares, with no restrictions on the sale of these pledged shares [2] Shareholding Structure - Before the pledge, Hohhot Investment Co., Ltd. had 183,290,000 shares pledged, which is 34.69% of its total holdings [3] - After the current pledge, the total pledged shares amount to 186,800,000, leaving 351,826,826 shares unpledged [3] Legal Assurance - The board of directors of Inner Mongolia Yili Industrial Group Co., Ltd. guarantees that the announcement contains no false records, misleading statements, or major omissions, and they bear legal responsibility for the content's authenticity, accuracy, and completeness [2]

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 呼和浩特投资有限责任公司持有内蒙古伊利实业集团股份有限公 司（简称"公司"）股份538,535,826股，占公司总股本的8.51%，所持 公司股份累计质押数量（含本次）186,800,000股，占其持股总数的 34.69%。 公司于2025年5月22日接到股东呼和浩特投资有限责任公司函告，获 悉其所持有本公司的部分股份被质押，具体情况如下： | 股东 | 是否为 | 本次质押 | 是否 为限 | 是否 补充 | 质押 | 质押 | 质权人 | 占其所 持股份 | 占公司 总股本 | 质押融 资资金 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 控股股东 | 股数（股） | 售股 | 质押 | 起始日 | 到期日 | | 比例（%） | 比例 （%） | 用途 | | 呼和浩特 投资有限 责任公司 | 否 | 3,510,000 | 否 | 否 | 2025 ...

Core Viewpoint - The announcement reveals that Hohhot Investment Co., Ltd. holds 539 million shares of Yili Industrial Group Co., Ltd., accounting for 8.51% of the total share capital, with a cumulative pledge of 187 million shares, representing 34.69% of its total holdings [1] Summary by Relevant Sections - Shareholding Details - Hohhot Investment Co., Ltd. holds 539 million shares, which is 8.51% of Yili's total share capital [1] - Pledge Information - The cumulative number of pledged shares is 187 million, which is 34.69% of Hohhot Investment's total holdings [1] - On May 21, 2025, Hohhot Investment pledged 3.51 million shares, with the pledge starting on the same date and expiring on April 17, 2026 [1] - Financing Purpose - The pledged financing is intended for production and operation purposes [1]

New Consumption Overview - Stella Rosa launched a new watermelon and chili flavored wine, expanding its spicy series [2] - Nestlé Coffee has refreshed its American coffee family with three new products using Yunnan Arabica coffee beans [5] - Aldi opened its first store in Kunshan, focusing on zero membership fees and low-priced small packaging [5] - Yili introduced a new crispy cheese product, utilizing a vacuum microwave process developed over three years [5] - Nestlé launched a new Absolute Dark Tea Coffee series, featuring a blend of coffee and tea polyphenols [5] Investment and Financing - Autonomous robot company completed A round financing of several hundred million yuan, led by Meituan [7] - Spanish second-hand platform Percentil was acquired for €610,000, avoiding bankruptcy [9] - Steve Madden established a joint venture to re-enter the Chinese market, marking its third attempt [9] - E-bike manufacturer Tezos secured Pre-A round financing of 50 million yuan for product development and market expansion [10] - Snack brand Farmley raised $40 million in C round financing, bringing total funding to $54.7 million [10] Major Company Developments - Taiping Bird announced a new brand positioning aimed at high-quality development in the apparel industry [13] - Unilever decided to close its clean beauty brand Ren due to internal factors and market challenges, with plans to shut down by Q3 2025 [13] - Qeelin announced Chinese table tennis player Wang Chuqin as its brand ambassador [13] - Neta Auto closed its first dealership in Indonesia as part of a strategic decision to adjust operations [13] - Meituan plans to invest $1 billion in its food delivery service Keeta in Brazil over the next five years [15]

Group 1: Product Launch and Market Entry - Yili Group launched three new infant formula products in Hong Kong, including Jinlingguan Zhenhu Platinum, Jinlingguan Tofier Minyi, and Jinlingguan Tofier Minyi Initial [2] - The Jinlingguan Zhenhu Platinum infant formula is produced at Yili's "Yili Health Valley" facility in Hohhot, Inner Mongolia, which is recognized as a global benchmark for intelligent manufacturing in infant formula [2] - Yili has entered into a strategic partnership with Mannings, Hong Kong's largest health retail chain, to sell its products in over 200 Mannings stores and online [2][8] Group 2: Research and Development - Yili's Vice President Zhang Yipeng emphasized the company's commitment to quality, innovation, and internationalization, aiming to leverage Hong Kong as a global window for opportunities [4] - The "2025 Key Findings of Breast Milk Research" was released, showcasing 13 significant research outcomes, including the precise analysis of amino acid composition in Chinese breast milk [4][6] - Yili has obtained 28 invention patents in the HMO (Human Milk Oligosaccharides) field, enhancing its competitive edge in the nutrition and health sector [6] Group 3: Financial Performance and Market Expansion - In 2024, Yili achieved a total revenue of 115.78 billion yuan, with revenue from milk powder and dairy products reaching 29.675 billion yuan, marking a year-on-year growth of 7.53% [6] - The overseas business of infant formula experienced a remarkable growth of 68%, with Yili maintaining the top position in overall milk powder sales in the Chinese market [6]

Group 1 - The company announced a profit distribution plan for the year 2024, proposing a cash dividend of 1.22 yuan per share (including tax), with a total share capital of 6,365,900,705 shares as of April 8, 2025, resulting in a total cash dividend of approximately 7,716,940,013.74 yuan, which represents 91.40% of the net profit attributable to shareholders [1][2] - Following the share buyback, the total share capital was adjusted to 6,325,360,667 shares, but the per-share distribution ratio remained unchanged, leading to a revised total cash dividend amount that corresponds to 91.29% of the net profit attributable to shareholders [2] - The company will maintain the per-share distribution ratio even if there are changes in total share capital between the announcement of the profit distribution plan and the record date for the equity distribution [1]

1 证券代码：600887 证券简称：伊利股份 公告编号：临 2025-041 内蒙古伊利实业集团股份有限公司 关于调整 2024 年度利润分配现金分红总额的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、2024 年度利润分配预案情况 内蒙古伊利实业集团股份有限公司（简称"公司"）于 2025 年 4 月 28 日、2025 年 5 月 20 日召开了第十一届董事会第六次会议和 2024 年年 度股东大会，审议通过了《公司 2024 年度利润分配预案》。公司 2024 年度利润分配方案如下：公司拟向全体股东每股派发现金红利 1.22 元 （含税），截至 2025 年 4 月 8 日，公司总股本 6,365,900,705 股，扣除 公司回购专户股份 32,859,361 股，以此计算合计拟派发现金红利总额为 7,726,310,439.68 元，占公司 2024 年度合并报表归属于母公司股东净 利润比例为 91.40%。如在利润分配预案披露之日起至实施权益分派股权 登记日期间，公司总股本发生变动的，公司拟维持每股分 ...

Core Viewpoint - Yili Group is accelerating its internationalization process by launching its infant formula brand "Jinlingguan" in the Hong Kong market through a strategic partnership with Mannings, a well-known health retail chain in Hong Kong [1][6]. Group 1: International Expansion - Yili has been actively promoting its international business layout, with significant growth in overseas markets, particularly in Southeast Asia and Australia, becoming an important revenue growth driver [3]. - In 2024, Yili's revenue from milk powder and dairy products is projected to reach 29.675 billion yuan, representing a year-on-year growth of 7.53%, with overseas infant formula business growing by 68%, significantly outpacing the industry average [3]. Group 2: Market Strategy - The Hong Kong market is a key part of Yili's overseas strategy due to its mature high-end maternal and infant consumer base and its geographical advantage connecting mainland China and international markets [6]. - The partnership with Mannings allows Yili's "Jinlingguan" products to enter over 200 Mannings stores and online sales channels in Hong Kong, facilitating rapid access to consumers [6]. Group 3: Research and Development - Yili has established 15 global innovation and research centers, focusing on precision nutrition, life sciences, and functional foods, which support its product upgrades and create a technological moat in the global maternal and infant nutrition sector [6][8]. - The launch of the "2025 Key Research Findings on Breast Milk" highlights Yili's commitment to research depth and industrial application, showcasing 13 key research results that enhance its product differentiation and value [8]. Group 4: Product Development - The global product launch introduced two new special medical purpose infant formula products produced in New Zealand, further enriching Yili's product matrix for infants with special nutritional needs [10]. - Yili's systematic approach to channel development, brand recognition, and product R&D is driving its global business expansion, positioning Hong Kong as a strategic foothold for growth in the Asian market [10]. Group 5: Competitive Landscape - As global dairy competition intensifies, Yili's ability to integrate product strength, brand power, and channel capabilities will be crucial for gaining a competitive edge in the next round of global dairy competition [10]. - The entry of Yili's infant formula into the Hong Kong market marks a significant advancement in its international development strategy, with expectations to further solidify its leading position in the global dairy industry [10].

Group 1: Core Insights - Yili Group held a global product launch in Hong Kong, introducing three new infant formula products, marking a significant step in its internationalization strategy [1] - The collaboration with health retail chain Mannings will see the new products available in over 200 stores and online in Hong Kong, enhancing Yili's presence in the Guangdong-Hong Kong-Macao Greater Bay Area [1] - The launch event also featured the release of the "2025 Key Research Findings on Breast Milk," showcasing Yili's advancements in maternal and infant nutrition research [1][3] Group 2: Industry Positioning - Inner Mongolia has prioritized "dairy industry revitalization" as a strategic focus for modernizing agriculture and enhancing international competitiveness, with Yili as a leading enterprise [2] - Yili's production base in Hohhot, known as "Yili Health Valley," is recognized as a global benchmark for infant formula manufacturing, utilizing advanced technologies from over 50 international suppliers [2] - The company has established 81 production bases across various countries, covering a wide range of dairy products and reaching over 60 countries and regions globally [4] Group 3: Research and Innovation - Yili has invested in maternal and infant nutrition research, accumulating data on over 10 million breast milk components and securing more than 290 patents [3] - The company has developed a "Four-in-One" breast milk research strategy and holds 28 patents related to human milk oligosaccharides (HMOs), a key area of focus in maternal nutrition [3] - The "2025 Key Research Findings on Breast Milk" includes significant studies on amino acid composition and the relationship between HMOs and infant gut microbiota [3] Group 4: Global Strategy - Yili is committed to quality, innovation, and internationalization, with Hong Kong serving as a crucial hub for its global strategy [5] - The launch of the "Jinlingguan" brand in Hong Kong signifies a deeper integration of Inner Mongolia dairy enterprises into the global market [5][6] - The company aims to elevate the reputation of Inner Mongolia's dairy products on the world stage, emphasizing high-quality offerings from the region [6]

Core Points - The event "WISH2030 Beautiful Conference and Sustainable Social Value Forum" was held by Yili Group, focusing on sustainable development and social value innovation for the third consecutive year [1] - A "Sustainable Social Value Ecosystem" was established in collaboration with various enterprises and social organizations, advocating for the "WISH2030 Beautiful Declaration" to promote sustainable development across economic, social, and environmental dimensions [1][12] - The conference highlighted the dual role of enterprises in creating both commercial and social value, emphasizing the integration of these values for sustainable development [3][5] Group 1 - Yili Group's Vice President Xu Ke stated that companies are transitioning from merely fulfilling social responsibilities to actively creating social value, identifying points of resonance with social value as key to driving sustainable development [5][8] - The "Sustainable Social Value Ecosystem" marks a new phase of cross-sector collaboration in ecological co-construction, following the previous releases of the "WISH2030 Beautiful Declaration" [8][12] - The conference gathered leaders from various sectors to share experiences and insights on sustainable development, with Yili being the first in China's food industry to join the UN Global Compact [12][14] Group 2 - The forum addressed the integration of commercial and social values, exploring new paths for this fusion, particularly in relation to the elderly and children [14][17] - Yili's initiatives include research on nutrition for the elderly and a 1.6 billion yuan subsidy plan to support families with multiple children, demonstrating its commitment to social value creation [17][22] - The "Sustainable Social Value Ecosystem" proposed establishing May 20 as "Corporate Philanthropy Day" to encourage more enterprises to join in the mission of co-creating and sharing social value [22]