Ausnutria Deepens Ties With Controlling Shareholder Through New Supply and Logistics Deals

Ausnutria Dairy Corp. Ltd. has signed three framework agreements with its controlling shareholder, Yili Industrial Group, and its subsidiary, Yishun. These agreements cover logistics services, contract manufacturing, and the supply of probiotics products through 2028. The logistics deal involves Yishun providing transportation and supply chain management, while Ausnutria will produce milk powder for Yili. The new probiotics supply framework extends the term to 2028, accommodating higher demand. These arrangements are classified as continuing connected transactions under Hong Kong listing rules, enhancing collaboration with the controlling shareholder without requiring independent approval.