• China Modern Dairy’s cash offer for China Shengmu Organic Milk became unconditional after acceptances for 3,371,008,653 shares, or 40.22%.
• China Modern Dairy and concert parties would hold 5,991,387,208 shares, or 71.49%, including 2,620,378,555 shares held following SPA completion.
• The offer remains open for acceptance until 4:00 p.m. on Aug. 3, 2026.
• Cash payment for accepted shares is due within seven business days of the later of the unconditional date or receipt of valid acceptance documents.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Shengmu Organic Milk Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260720-12250175), on July 20, 2026, and is solely responsible for the information contained therein.