Hyproca Biotechnology Co., Ltd.

Ausnutria Dairy was founded in 2003 and is among the first batch of dairy enterprises in China to obtain the new version of the domestic formula milk powder production license, and among the first batch to pass China's "Registration of Overseas Manufacturers of Imported Infant Formula Milk Powder". The company was listed on the Hong Kong Stock Exchange on October 8, 2009, becoming the first Chinese infant formula milk powder enterprise listed in Hong Kong; in 2013, it officially acquired the century-old Dutch dairy enterprise Hyproca Dairy Group BV. Hyproca Dairy Group BV originated in 1897 and has over a century of experience in dairy production and R&D. Located in the traditional dairy powerhouse the Netherlands, it enjoys exceptional milk source advantages, possesses a complete industry chain from milk collection to packaged finished products, as well as strong R&D capabilities and a strict quality and safety control system. Its business spans more than 50 countries worldwide, and its main global products currently include fresh milk, cow yogurt, cow cheese, infant formula milk powder, etc. In 2013, infant formula milk powder brands named after the group's trade name—Hyproca 1897 and NaiFu—entered the Chinese infant nutrition market with two series of products. In September 2015, the group officially established Hyproca Biotechnology Co., Ltd. in China, responsible for operating the domestic business in China of formula milk powder and other maternal and infant nutritional foods under the group's own brands. Currently, the products operated by Hyproca Biotechnology Co., Ltd. mainly include: Hyproca 1897 series infant formula milk powder, Hyproca 1897 maternal formula milk powder, NaiFu series infant formula milk powder, and the organic brand Neolac series, etc. The company has five major functional departments: Human Resources and Administration Department, Finance Department, Marketing Department, Sales Service Department, and Customer Operations Department. Its sales team covers all major provinces and regions nationwide, with strong management strength and sales capabilities. It currently has more than 600 employees, with 42% holding a bachelor's degree or above, 90% holding a college degree or above, and an average age under 29, possessing a high-quality professional team.