Investor Presentaiton

Revenue Breakdown by Segments TM 蒙ギ 2020 2021 YOY % of Revenue YOY RMB million Liquid Milk 67,751 76,514 12.9% 86.8% -2.3ppt Ice Cream (1) 2,634 4,240 61.0% 4.8% +1.3ppt Milk Formula 4,573 4,949 8.2% 5.6% -0.4ppt Others (2) 1,077 2,438 126.3% 2.8% +1.4ppt Total 76,035 88,141 15.9% 100.0% Note: (1) 2021 included net revenue contribution of RMB1,117 million from the consolidation of Aice, a leading ice cream brand in Southeast Asia from April to Dec; (2) 2021 included net revenue of RMB421 million from Burra Foods from Nov to Dec.

View entire presentation