Securities code: Inner Mongolia Yili Industrial Group Co.Ltd(600887) securities abbreviation: Inner Mongolia Yili Industrial Group Co.Ltd(600887) Announcement No.: pro 2022021 Inner Mongolia Yili Industrial Group Co.Ltd(600887) about
Investment and acquisition of Aoyou Dairy Co., Ltd. by overseas subsidiaries
Progress of equity announcement
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Inner Mongolia Yili Industrial Group Co.Ltd(600887) (hereinafter referred to as “the company”) held the 10th interim meeting of the board of directors on October 25, 2021, deliberated and adopted the company’s request for instructions on investment in overseas subsidiaries and acquisition of equity of Aoyou Dairy Co., Ltd, For details, please refer to the announcement of Inner Mongolia Yili Industrial Group Co.Ltd(600887) on investment of overseas subsidiaries and acquisition of equity of Aoyou Dairy Co., Ltd. (Announcement No.: pro 2021130) disclosed by the company on the website of Shanghai Stock Exchange on October 28, 2021.
On December 8, 2021, the company received the decision not to carry out further examination on the antitrust examination of business concentration (antitrust examination decision [2021] No. 734) issued by the State Administration of market supervision. For details, see Inner Mongolia Yili Industrial Group Co.Ltd(600887) the announcement on the progress of overseas subsidiary investment and acquisition of the equity of Aoyou Dairy Co., Ltd. (Announcement No.: pro 2021141).
On January 28, 2022, all parties to the transaction completed the corresponding equity delivery. After the completion of the announcement on the acquisition of shares of AOJIN Trading Co., Ltd. (hereinafter referred to as “AOJIN Trading Co., Ltd.”), the total share capital of “Youjin Trading Co., Ltd. and its subsidiaries held by Hong Kong Youjin Trading Co., Ltd. (hereinafter referred to as” Liujin Trading Co., Ltd. “) (see the announcement on the completion of the acquisition of overseas shares of” Youjin Trading Co., Ltd. and “Liujin Trading Co., Ltd.”).
On February 10, 2022, CITIC Lyon Securities Co., Ltd., the financial consultant of kingport holdings, sent a comprehensive offer document containing the time and terms of the offer on behalf of kingport holdings on the acquisition of all the issued shares of Aoyou dairy (except those held by the offeror) and the cancellation of all the outstanding share options of Aoyou dairy, For details, see Inner Mongolia Yili Industrial Group Co.Ltd(600887) the announcement on the progress of overseas subsidiary investment and acquisition of the equity of Aoyou Dairy Co., Ltd. (Announcement No.: pro 2022015).
As of 4:00 p.m. on March 3, 2022, the deadline of the first offer, the offeror has received 332338860 accepted shares, accounting for about 18.38% of the total issued share capital of Aoyou dairy. The offeror also holds 620824763 shares of Aoyou dairy, with a total of accepted shares. The offeror holds or controls 953163623 shares of Aoyou dairy, accounting for about 52.70% of the total issued shares of Aoyou dairy. The conditions contained in the comprehensive offer document have been reached, and the offer becomes unconditional. According to the code on corporate acquisitions and mergers of the SFC of Hong Kong, the time for acceptance of this offer will be extended to 4 p.m. on March 17, 2022.
The company will continue to pay attention to the progress of this transaction and fulfill the obligation of information disclosure in time. Please pay attention to the investment risk.
It is hereby announced
Inner Mongolia Yili Industrial Group Co.Ltd(600887) board of directors
March 4, 2002
