Core Viewpoint - Panda Dairy (300898.SZ) is launching a shareholder return initiative to celebrate its 30th anniversary and enhance shareholder engagement and understanding of the company's intrinsic value [1] Group 1: Shareholder Return Initiative - The company will conduct the "Panda Dairy 30th Anniversary and 2026 Shareholder Return" event to express gratitude to shareholders for their long-term support [1] - Shareholders registered by the market close on January 27, 2026, can upload proof of shareholding to apply for exclusive discount coupons [1] - These coupons can be used for discounts on specified products at the company's Tmall flagship stores, including "Panda Dairy Flagship Store" and "Cheese Plan Flagship Store" [1]