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Chairman ofHuishan Dairy Purchases Additional Sharesfor HK$2.236BillionIncreas
时间发表于: [2015-04-22]

Demonstrates Full Confidence inthe Group’sProspects

(Hong Kong, 22 April2015) –China Huishan Dairy Holdings Company Limited (“Huishan Dairy” or “the Group”)(stock code: 6863)hasannounced that the Group’s ultimate controlling shareholder, chairman and executive director,Mr. Yang Kai(“Mr. Yang”)hadpurchased 1,285,137,928ordinary sharesof the Group(“Shares”) for an aggregate amount of about HK$2.236billion,further increasing hisshareholding to approximately60.62% of the Group’sentireissued share capital.

Mr. Yang has purchased, through Champ Harvest Limited(“Champ Harvest”),1,285,137,928Sharesfor an aggregate amount of about HK$2.236billionfrom Well Ease Limited and, Crown Castle Investment Holdings Limited. Well Ease Limited is ultimately wholly-owned by Dato’Dr. Cheng YuTung. The price represents HK$1.74 per Share, and the closing price on 22 April 2015 is HK$1.59per Share, a premium of 9.43%. It is a term of the purchase of such Shares that if the closing price per Share as quoted on the Stock Exchange on any trading day on or before 22 April 2016 is more than HK$1.74, Champ Harvest shall pay an additional amountper Share of not more than HK$0.10 per Share.

Followingthe purchase, Mr. Yang holds8,680,846,316Sharesin the Group, representing approximately 60.62% of the entire issued share capital, directly and indirectly throughChamp Harvest. Champ Harvest isa company owned as to 90% by Mr. Yang and 10% by Ms. Ge Kun, another executive director ofthe Group.

Chairman and ChiefExecutive Officer of Huishan Dairy, Mr. Yang Kai,said, “The purchase of additionalShares has demonstrated our strong confidence in the Huishan Dairy’s development strategies and prospects. Looking ahead, leveraging the vertically-integrated dairy value chain business model and adhering to our operation philosophy of “good cows, good grass and good milk”, we willmaintain our leading positionin the dairy industry in China, provide consumers with safe and high quality dairy products and thus deliver more than spectacular returns to our shareholders.”

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About China Huishan Dairy Holdings Company Limited (Stock code: 6863)
China Huishan Dairy Holdings Company Limitedisa leading and the most vertically-integrated dairy company in China. The Company’s business model covers the entire dairy industry value chain from growing and processing of alfalfa and supplementary feeds, processing of concentrated feed, dairy farming and manufacturing and sales of dairyproducts under the “Huishan” brand. Currently, Huishan Dairy is the only company in China capable of providing100% of the raw milk required for the production of liquid milk and milk powder products based onraw milk produced by the self-operated farms. The Company’s impeccable product safety record and high quality products stand behind a brand worthy ofthe trust of consumers in China. Huishan Dairy is a company publicly listed on the Main Board of the Stock Exchange of Hong Kong Limited since 2013. Fordetails, please visit

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