*ST兰黄：11月10日召开董事会会议

Core Viewpoint - *ST Lanhuang announced a board meeting to discuss investment in a juice beverage project, reflecting its strategic focus on diversifying product offerings [1] Company Summary - The board meeting took place on November 10, 2025, in Lanzhou, Gansu Province, China, and included discussions on the investment proposal for the juice beverage project [1] - For the first half of 2025, *ST Lanhuang's revenue composition was as follows: beer accounted for 73.65%, beverages for 11.94%, malt for 10.71%, and other businesses for 3.71% [1] - As of the report, *ST Lanhuang's market capitalization was 1.6 billion yuan [1]