On 5 March 2026, China Shengmu Organic Milk Limited released a disclosure of dealings related to a possible mandatory general offer. According to the submission, CITIC Securities Company Limited, as a Class (5) associate connected with the Offeror, conducted two closing-outs of derivative contracts on 4 March 2026.

Each contract referenced 833,000 shares at a reference price of US$0.34, resulting in amounts of US$283,220 for each transaction and a resultant balance of zero. All dealings were carried out by CITIC Securities for its own account.