Core Viewpoint - The controlling shareholder of Miaokelan Duo, Inner Mongolia Mengniu Dairy (Group) Co., Ltd., has increased its stake in the company, signaling confidence in its future performance and growth potential [1][2]. Group 1: Shareholder Activity - Inner Mongolia Mengniu Dairy has completed its first share buyback, acquiring 322,100 A-shares for a total of 7.8269 million yuan, increasing its ownership from 36.77% to 36.84% [2]. - The company plans to continue buying back shares in the next three months, with a target of acquiring between 2.5503 million and 5.1005 million shares, representing an increase of 0.50% to 1.00% of total shares [2]. Group 2: Stock Performance - In 2025, Miaokelan Duo's stock price experienced significant fluctuations, reaching a low of 16.62 yuan per share on January 10 and peaking at 33.46 yuan on June 13, before closing at 25.62 yuan on December 30, marking a 54% increase from the year's lowest point [2]. - The stock has not yet returned to its peak of 84.5 yuan per share in 2021 [2]. Group 3: Business Performance - For the first three quarters of 2025, Miaokelan Duo reported a revenue of 3.957 billion yuan, a year-on-year increase of 10.09%, and a net profit attributable to shareholders of 176 million yuan, up 106.88% [1][5]. - The company’s cheese business generated 3.302 billion yuan in revenue, accounting for 83.9% of its main business income, with a year-on-year growth of approximately 17.4% [4]. Group 4: Market Position - Miaokelan Duo has established a strong market presence in the cheese sector, with a market share exceeding 38% in the packaged cheese segment as of the first half of 2025, maintaining its position as the industry leader [3][4]. - The company has developed a multi-brand strategy that includes Miaokelan Duo, Mengniu Cheese, and Aishi Chenxi [3].