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Investor Presentaiton

Breakthrough for Ice Cream & Chilled Product Businesses with Strong Results 【优益C适合中国人的益生菌 优益口 很红退中国 XC LC-37 500 -163.C 4 蒙ギ Chilled product business outperformed market Net revenue grew ~3% yoy while the market was down 7.6%, expanded lead in market share Promoted probiotics products, Yoyi C grew ~22%, LC37 series grew 98% Continued to upgrade Champion yogurt product portfolio, launched zero sucrose and reduced sugar new products, saw over 5% growth for the brand Exploration of new sales models and channels: collaborated with Sam's Club for the 1st time to provide new customized yogurt products, direct operations at some outlets Improvement in efficiency through refined channels and brand investment • • . • 5 Innovation of Ice Cream Products, promoted through multiple channels 61% yoy growth in net revenue, with domestic business growing 19% Innovation and upgrade for the entire product lines of brands such as Suibian, Mood for Green, and Deluxe, lifting gross margin significantly Expansion of modern and new retail channels, further strengthened sales infrastucture Strategic investment in Aice, a leading ice cream brand in Southeast Asia in March 2021, to further expand the Southeast Asia market 兰圣雪 DELUX9 绝 花機 新一代高端冰淇淋 韵力 LESS IS MORE 越纯粹 越珍贵
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