Muyuan Foods Co.Ltd(002714) : the “general salary reduction of 10% – 40%” of Netcom is untrue information

On February 19, Muyuan Foods Co.Ltd(002714) said in response to investors’ questions on the “interactive easy” platform of Shenzhen stock exchange that the online transmission of “the company generally reduces salary by 10% – 40%” was untrue information. The company’s per capita salary has remained stable recently, and there is no general salary reduction. The company implements the appraisal scheme linked to results. The salary change of an employee in a certain month is affected by the individual appraisal results, the performance of his team and other factors.