Muyuan Foods Plans to Donate 15 Million Yuan to Support Rural Revitalization

Deep News12-09

On the evening of December 9, Muyuan Foods Co., Ltd. announced plans to donate 15 million yuan from its own funds to the Henan Muyuan Agricultural Development Public Welfare Foundation (referred to as "Henan Muyuan Foundation"). The donation will primarily support rural revitalization initiatives, including poverty alleviation, rural education charity programs, as well as agricultural industry innovation and technology development projects related to agricultural advancement.

Henan Muyuan Foundation is a public welfare organization established by Muyuan Industrial Group Co., Ltd., the controlling shareholder of Muyuan Foods. This donation constitutes a connected transaction. Muyuan Foods stated that the contribution is a reasonable arrangement based on the company's profitability and financial condition, reflecting its commitment to fulfilling social responsibilities and giving back to society.

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