Core Insights - Inner Mongolia Yili Industrial Group Co., Ltd. reported total revenue of 115.78 billion yuan for FY2024, reinforcing its status as Asia's leading dairy producer [1] - In Q1 FY2025, Yili experienced better-than-expected growth with simultaneous increases in revenue and net profit despite challenging market conditions [1] Financial Performance - Yili proposed a dividend payout of 7.726 billion yuan for FY2024, achieving a record-high payout ratio of 91.4% [4] - The company initiated a share buyback program of up to 2 billion yuan, resulting in total shareholder returns of 100.4% of profits [4] - Cumulatively, Yili has distributed 50.8 billion yuan in dividends since its listing, ranking first among Chinese dairy companies [4] Business Segments - In FY2024, Yili's liquid milk business generated revenue of 75.003 billion yuan, maintaining its leading position [5] - The ice cream segment reported revenue of 8.721 billion yuan, securing the top spot in revenue and market share for the 30th consecutive year [5] - Milk powder and related businesses achieved record-high revenue of 29.675 billion yuan, with milk powder sales leading in China and goat milk formula ranking first globally [5] International Growth - Yili's international business showed robust growth in FY2024, with overseas ice cream revenue increasing by 13% and infant formula revenue surging by 68% [6] - Flagship brands Cremo and Joyday performed strongly in Southeast Asia, ranking among the top three ice cream brands in Indonesia and Thailand [6] Corporate Responsibility and ESG - Yili promotes a comprehensive green supply chain and engages in rural revitalization initiatives and social responsibility programs [7] - The company achieved an AA rating in MSCI's latest 2024 ESG ratings, the highest in the industry, marking four consecutive years of upgrades [8]

Core Insights - The food and beverage industry is facing significant challenges including supply chain disruptions, rising costs, and changing consumer preferences, making sustainable growth increasingly difficult [1] - The FBIF2025 event aims to address these challenges by focusing on innovation, strategic positioning, and global market expansion for food and beverage brands [2][3] Event Overview - FBIF2025 will take place from May 8-10, 2025, at the National Convention and Exhibition Centre in Shanghai, featuring over 200 speakers, 7400+ industry guests, and 600+ exhibitors [3][4] - The event will cover various topics through plenary sessions and sub-forums, including Dairy Talks, Snack & Baking Talks, Drink Talks, and Functional Ingredient Talks [4][6] Industry Trends - The food and beverage industry is entering a critical phase where innovation and steady progress must coexist, with a focus on AI empowerment, product value chain restructuring, and global market expansion [27][28] - The global functional food market is projected to reach $275.77 billion by 2025, with a CAGR of 7.9%, indicating a growing trend towards health-conscious products [188] Innovation Focus - The FBIF2025 Forum will explore new approaches for product development, emphasizing the importance of consumer demand insights and overcoming challenges in the concept-to-implementation chain [350] - The event will feature discussions on effective marketing practices, including leveraging social media for brand growth and consumer engagement [269][270] Global Expansion - Chinese food and beverage brands are accelerating their global expansion, with a strategic focus on capturing opportunities in international markets such as the Middle East and Southeast Asia [2][234] - The FBIF2025 Channel Talks will facilitate matchmaking sessions between brands and global retail channels to enhance market reach [236][370] Awards and Recognition - The FBIF Wow Food Awards will recognize outstanding innovation in the food and beverage sector, with a focus on product, packaging, and marketing [353][355] - The awards ceremony will integrate with the event's forums, showcasing winning entries and promoting multi-dimensional storytelling [355] Networking Opportunities - FBIF2025 will host gala dinners to foster networking among senior representatives from leading channels and brands, enhancing collaboration within the industry [433][434]

Core Insights - OÜ EG Biofond signed an investment agreement to acquire a 96.6% shareholding in OÜ Estonia Farmid, with a 3.4% shareholding retained by its subsidiary Osaühing Estonia, pending approval from the Competition Authority [1] - Estonia Farmid OÜ manages three agricultural companies and operates 9,400 hectares of arable land, employing nearly 150 people [1] - The dairy farms under Estonia Farmid OÜ have a total of 2,640 dairy cows, with an average milk production of 13,300 kilograms per cow annually, and the company also produces 27,000 tons of grains and rapeseed per year [1] Company Overview - Infortar is a prominent group in Estonia, operating in seven countries with activities in maritime transport, energy, real estate, and agriculture, among others [6] - Infortar holds a 68.47% stake in Tallink Grupp and a 100% stake in Elenger Grupp, with a real estate portfolio of approximately 141,000 m² [6] - The group consists of 110 companies, employing 6,228 people, and has expanded its presence across agriculture, industry, and services [3][6] Industry Context - The agricultural sector, particularly dairy production, is highlighted as a competitive area for Estonia, with fertile farmland contributing to high-quality milk production [2] - The dairy industry is considered a key pillar of Estonia's economy, alongside timber and minerals [2]

Group 1 - Savencia SA has purchased 414,942 shares for a total of €23,485,717.20, which is €56.60 per share [2] - Following the share purchase, Savencia SA now holds 1,085,726 of its own shares, representing 7.7% of the capital [2] Group 2 - Savencia Fromage & Dairy is a family-owned and independent food group with 22,751 employees worldwide [3] - It is recognized as one of the world's leading dairy players, being the 2nd largest French cheese group and the 5th largest globally [3] - The company's growth is supported by strong brands both in France and internationally, including Caprice des Dieux, Saint Agur, St Môret, Tartare, Saint Albray, Le Rustique, and Elle & Vire [3]

As filed with the U.S. Securities and Exchange Commission on April 24, 2023. Registration No. 333-269659 ____________________ KEEN VISION ACQUISITION CORPORATION UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 (Exact name of registrant as specified in its constitutional documents) ____________________ British Virgin Islands 6770 n/a (State or other jurisdiction of incorporation or ...