China Youran Dairy Group Limited (Youran Dairy) has applied for a second postponement in dispatching its shareholder circular related to a connected transaction involving a specific-mandate share subscription and an accompanying whitewash waiver.

The Hong Kong Takeovers Executive previously approved an extension to 6 April 2026. Owing to outstanding work—chiefly the completion of a property valuation report—the company has requested, and the Executive has indicated it is inclined to grant, a further extension to 6 May 2026.

Key milestones • 16 Jan 2026: Initial announcement of the specific-mandate subscription and whitewash waiver. • 6 Feb 2026: First delay notice issued. • 6 Mar 2026: Further delay notice issued. • 2 Apr 2026: Current announcement seeking dispatch deadline extension to 6 May 2026.

Completion of the share subscription remains dependent on satisfying conditions in the subscription agreement, including approval of the whitewash waiver by independent shareholders and final consent from the Executive.

Youran Dairy advises shareholders and potential investors to monitor subsequent announcements and to exercise caution when dealing in the company’s shares.